Project Manager Accounting
Resume:
Kent Renner
Marietta, GA ****2
**********@*****.***
Overview
Internationally seasoned financial executive with significant financial
reporting, technical accounting, operational controllership, audit and
mergers and acquisition experience. International experience includes
assisting large multinational corporations with the reconciliation from
International Financial Reporting Standards (IFRS) to US GAAP. Wide range
of industry experiences including services, software, consumer products,
retail, life sciences and industrial products. Currently Global Controller
and Chief Accounting Officer of a highly complex, $16+ Billion revenue
division of General Electric. Previously managed team of 80 professionals
consisting of corporate accounting, SEC reporting, technical accounting,
consolidations, financial systems and fixed asset accounting for The Home
Depot, a Fortune 15 Company with $78 billion in revenues. Provided
progressive leadership to PwC audit teams for audits of large SEC
registrants and to internal audit teams on process improvement and
financial compliance projects. Track record of managing mission critical
NYSE and NASDAQ initial public offerings and acquisitions for both emerging
and multi-billion dollar companies. Considerable Sarbanes-Oxley
implementation and compliance experience for large public companies.
Extensive experience in US GAAP, IFRS and SEC reporting issues including
revenue recognition, acquisitions, divestitures, stock-based compensation
and initial public offerings. Provided US GAAP and SEC guidance for over
15 SEC registered and private equity offerings, both domestic and
international, with proceeds exceeding $10 billion.
Experience
General Electric Corporation - October 2008 to present
Global Controller - General Electric Energy Services - Atlanta, GA
* Responsible for all Financial Reporting, Accounting Operations and
Sarbanes-Oxley compliance for one of the most complex and profitable
businesses within General Electric
* Drive accounting policy, financial compliance and operational
excellence within GE Energy Services - located in 105 countries,
utilizing 80+ general ledgers, 50+ ERPs and 35 currencies
* Provide thought leadership and project management for significant
process improvement and system implementation initiatives
* Evaluate and manage operational and distributed controllership risk
with various tools and processes
* Responsible for design and implementation of global and regional
Accounting Centers of Excellence to simplify and streamline
transactional accounting
* Consult with the CFO's of the seven businesses within GE Energy
Services regarding significant accounting, operational and financial
reporting issues
* Lead a team of 15 controllers, 10 accounting managers and 60 other
staff- Report to the CFO of GE Energy Services
* Participation on GE's International Financial Reporting Standards
Policy Advisory Committee
* Monitor and evaluate revenue recognition compliance across five
separate models including SAB 104 (products and services), SOP 81-1,
SOP 97-2, FTB 90-1 and related EITF 00-21 implications
* Drive strategic vision and build-out of the governmental accounting
center of excellence for compliance with funding received by the US
Government
The Home Depot - August 2005 to October 2008
Assistant Corporate Controller & Director of Financial Reporting
* Managed team of 80 professionals responsible for all external and
internal financial reporting, corporate accounting, fixed asset
accounting, consolidations and financial systems
* Ensured compliance with all SEC and US GAAP reporting requirements
* Responsible for the development and maintenance of financial controls
in accordance with the Sarbanes-Oxley Act
* Coordinated and resolve issues related to the Company's annual audit
with external auditors
* Prepared the Company's monthly financial results and reviewed with
senior executives of the Company
* Partnered with various lines of business and functions within the
Company in the resolution of various questions regarding results of
operations
* Developed future leaders in the finance organization by proactive
career development planning and feedback
* Project managed the development of financial statements, external
audit process and issue resolution related to the Company's
divestiture of its $14 Billion in revenue commercial supply business
Director - Internal Audit Leadership Program
* Led all technical accounting and SEC reporting compliance projects,
SOX testing and finance oriented Six Sigma process improvement
projects for an eighty person internal audit leadership program
* Managed team of seven internal audit professionals in performing
comprehensive financial due diligence for over forty acquisitions
resulting in reduced external provider fees and identification of
significant financial and operational diligence issues
* Drove the implementation of an enterprise risk management process and
executed a fraud risk assessment for the Company
* Continued the build out of and led the internal audit functions in
Canada, Mexico and China
* Led the development of an enterprise risk assessment which was
integrated into our risk-based audit approach for 2006 and 2007
* Took significant role in identifying and developing talent to ensure
delivery of the future leaders of The Home Depot upon their graduation
from the Internal Audit Leadership Program
* Developed relationships and delivered services to the finance, legal
and HR executive leadership teams
PricewaterhouseCoopers LLP - July 1993 to August 2005
Senior Manager - Assurance Practice - Greensboro and Charlotte, NC -
September 2001 to August 2005
* Managed significant client relationships with frequent interaction
with Senior Executives and the Board of Directors regarding technical
accounting and SEC reporting issues.
* Extensive experience in the Consumer and Industrial Products as well
as the Life Sciences and Technology sectors.
* Scoped and implemented large scale Sarbanes-Oxley Section 404 internal
control implementations for two multi-billion dollar companies.
* Managed and executed technical accounting advisory projects, SEC
filings and financial statement audits for three of the largest
PricewaterhouseCoopers' SEC registered clients in the Carolinas.
* Analyzed and provided recommendations for effective internal control
structures and external and internal reporting processes.
* Coordinated FAS 141 &142 marketing and technical implementation
process for the Carolinas Consumer and Industrial Products Sector.
* Presented technical accounting topics to numerous client Boards of
Directors and various trade organizations.
Director - Global Capital Markets Group - Zurich, Switzerland - July 1998
to August 2001
* Lead Project Manager for the IFRS reconciliation to US GAAP and
subsequent NYSE initial public offerings for Novartis ($25 billion in
revenues), Bayer ($27 billion in revenues) and Serono (the third
largest biotech company in the world). Projects included multi-
cultural teams from five to twenty people from various lines of
service (tax, audit, consulting and valuation). The Novartis and
Bayer projects generated revenues in excess of $5mm each and required
the project manager to (1) coordinate worldwide Firm resources and (2)
have excellent technical accounting and SEC reporting skills.
* Led discussions with SEC staff members, financial executives,
investment bankers and attorneys regarding issue resolution of
critical accounting and SEC reporting issues including reconciling
items between IFRS and US GAAP.
* Successfully conveyed complex technical topics from an IFRS and US
GAAP perspective to audiences in an international environment
comprised of different native languages, legal systems, regulatory
environments and professional standards.
* Assisted in the growth of the Swiss Global Capital Markets practice
from two employees and $0 revenues in 1998 to 20 employees and $14mm
in revenues in 2001 by (1) establishing excellent relationships with
partners in the Swiss PricewaterhouseCoopers Firm and the Swiss Firm's
largest clients (2) training and motivating younger staff members and
(3) implementing project teams to assist the partners in running the
practice.
* Acted as IFRS, US GAAP and SEC technical advisor to all Swiss audit
teams that served SEC registered clients by reviewing and providing
technical accounting guidance for all annual filings and offering
prospectuses. Also served as technical advisor to numerous local
partners in Germany, Austria, France and Finland.
* Directly managed in excess of $6mm in revenues in both 2001 and 2000
while the average US partner managed revenue was $2.5mm for the same
periods.
Manager - Assurance Practice - Raleigh, NC - July 1993 to June 1998
* Managed and executed audits of numerous software, pharmaceutical and
biotech companies including GlaxoWellcome, Pharmaceutical Product
Development, Paradigm Genetics and Incara.
* Assisted in public and private offerings for numerous other technology
companies based in the Research Triangle Park area.
Central Carolina Bank - Commercial Lender - August 1990 to May 1992
Professional Certification and Education
Certified Public Accountant - State of North Carolina
Six Sigma Lean Green Belt Certification
Masters of Science - Accounting - The University of North Carolina at
Chapel Hill - 1993
Bachelor of Arts - Economics - North Carolina State University - 1990
Bachelor of Arts - Business Management - North Carolina State University -
1990
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