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FiREapps to Present at AFP 2013 Session: "Best Practices for FX Predictability and Compliance in Global Operations"


News provided by

FiREapps

Oct 28, 2013, 11:30 ET

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SCOTTSDALE, Ariz., Oct. 28, 2013 /PRNewswire/ --

WHAT: For the past 16 years, Jabil has achieved double-digit growth by strategically building new customer relationships, entering new markets, expanding services, and forging new global operations in key worldwide locations. A natural byproduct of this successful business strategy is exposure to volatility in foreign currencies. The session will provide a general overview of Jabil's financial risk management framework that was established with FiREapps, focusing on foreign exchange risks. Jabil's financial risk management team partners with business units across 27 countries and 60 sites, to reduce P&L volatility and protect cash flows.

WHEN: October 29, 2013

10:30 AM – 11:45 AM PT

WHERE: Association for Financial Professionals (AFP ®) Annual Conference, Mandalay Bay, Las Vegas, South Seas Ballroom G

WHO:
Wolfgang Koester, CEO, FiREapps

Wolfgang Koester is the chief executive officer and co-founder of FiREapps. He has over 25 years of experience in developing and implementing currency risk management programs for Fortune 2000 companies and governments. Koester is a member of Global Finance's "Who's Who in Foreign Exchange" and a board member of ACI International. He is a frequent speaker at university and industry events and a regular contributor to industry publications including WSJ, The Economist, Financial Times, AFP Exchange, as well as networks such as CNBC, Fox Business and Bloomberg.

Luis Montiel, Director of Treasury, Jabil

Luis Montiel, Director of Treasury in charge of Financial Risk Management and Capital Markets, joined Jabil in 2011 managing Global Cash Management and Capital Markets.  Prior to joining Jabil, Mr. Montiel worked for Celanese where he held leadership roles in the finance organization serving as Manager of SEC and External Reporting, Treasury and Financial Risk Management, Treasury and Corporate Finance, and Business Line Controller.  Previously, he also held leadership roles at Winn-Dixie Stores and Acosta Sales and Marketing.  Mr. Montiel, a Certified Public Accountant, holds a B.A. in Finance from Flagler College, a B.B.A. in Accounting from University of North Florida and an M.B.A. from the University of Virginia, Darden Graduate School of Business Administration.

Helen Kane, President, Hedge Trackers, LLC

Helen Kane, President, founded Hedge Trackers, LLC in April 2000. Her duties involve monitoring FASB/IASB pronouncements, reaching out to accounting firm derivative accounting specialists, overseeing auditor and SEC responses, and consulting with clients contemplating complex derivative accounting applications. Helen chairs both the East and West Coast annual Accounting for Derivatives Conferences featuring derivative specialists from the FASB and SEC. She also provides training to audit firms, state regulators, the AICPA Credit Union Conference, and guest lectures at local universities.

Contact:

Joanna LeBlang, FiREapps
480-443-7333 X159, [email protected]

FiREapps is the leader in foreign exchange exposure management solutions. For over a decade, the company has helped global leaders eliminate FX surprises, reduce transaction costs and increase operational efficiencies. Multinational corporates of all sizes and industries including 75% of top technology distributors, 60% of top pharmaceutical manufacturers, and 40% of top internet service providers trust FiREapps to identify, analyze and manage FX risk to within the industry benchmark of $.01 EPS. They have offices in New York, Chicago, Portland, and San Francisco, and are headquartered in Scottsdale, AZ. For more information, go to www.fireapps.com.

SOURCE FiREapps

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