Finance Summer Intern Presentation

Tyler MikulaGlobal Accounts Payable

About Me – Tyler Mikula

• Hometown: Loveland, Ohio

• Finance and Data Analytics Major at Miami University (Ohio) Rising Junior May 2018 Graduate Date

• Finance Intern Global Accounts Payable Manager: Patty Potenziano Mentor: Jacob Fullerton

• Treasurer of Asset Management Club

• Golf enthusiast

2

Key Learnings

• Technical skills – Data manipulation

• Negotiations – Hotel compliance and audit process of negotiated rates

• Interpersonal Savvy – Understanding other IP employee perspectives Coworkers Employee T&E accounts

• Learning on the Fly – Systems Concur Reporting Excel SAP Navigator

3

Project – Small Parcel Accounts

4

• Assisted in the process of validating FedEx and UPS account information

• Ensured that the account contact was a valid and current employee

• Analyzed 2015 and 2016 YTD spending to screen for fraudulent charges Accounts totaling $9.5MM from 2015-2016 YTD

•Created a master spreadsheet containing all account information

• Consolidated 1,304 accounts down to 400 accounts Simplified account structure

Project – Corporate Card Reconciliation Initiative

5

• Reconciled account balances of JP Morgan Corporate Cards – $65,000 of Travel Card balances

• Utilized JP Morgan Payment Net, Navigator, and Concur to identify specific expenses Created Excel formulas to expedite the process

• Weekly meetings with Corporate Card Services to track progress

•Employees responsible for $23,500 Remaining balances were genuine business expenses Concur will simplify future reconciliation

Pensacola Containerboard Mill

6

• Visited and toured Pensacola Containerboard Mill – Celebrating 75 years

• Met with notable mill employees ranging anywhere from an engineer to a business analyst – Painting a clearer picture of the mill experience • Saw first hand how Finance applies to paper mills – Working capital

Bay Minette Box Plant

7

•Bay Minette Box Plant

•Listened to the primary processes behind creating the final corrugated product and initiatives to cut costs while maintaining an IRR of 20%

•Logistics of being by the Coast Supplier arch

• Essentially an independent entity in absence of cash-flow concerns – $1.8B FCF (2011-2016 avg.)

Safety

8

•Experienced the safety protocol application at Pensacola mill first hand

•Attended safety meeting in Loveland, Ohio to see the specific application of safety procedures that are in place

•NSC First Aid, CPR, and AED certification during National Safety Month 2016

•Nonmanufacturing emphasis: Office safety

•Top priority

Question and Answer

9

Thank You!

10