Peggy Crandell, Executive MBA
C: 612-***-**** ? H: 952-***-**** ? *****.********@*****.*** ? 2400
Jordan Ave ? Minnetonka, MN 55305
director, finance
Senior finance professional with experience in strategic planning,
budgeting, reporting, cost accounting and control, foundation planning
and execution, consulting for a nonprofit, and managing a large
organization through strategic change.
Professional strengths and abilities include:
. Strategic planning
. Financial forecasting
. Budgeting and cost control
. Executive Ops presentations
. Consulting for non-profit
. Voice of customer analysis
. Foundation strategy
. KPI development
. Financial reporting and audit
. Cost accounting
PROFESSIONAL EXPERIENCE
UnitedHealth Group, Minnetonka, MN (November 2007 - current)
Health care services provider in the United States with $87.1B gross
revenues (2009)
director, regulatory reporting
Financial reporting director responsible for reporting and analysis of 13
stand-alone regulated insurance entities, totaling over $5B in annual
premium revenue. Responsible for the preparation of financials statements
and audited financial report; presenter to board and audit committee
members, keeping them abreast of issues and risks related to financial
reporting and controls. Manage a team of 25 reporting professionals
including 5 direct reports.
. Brought enterprise awareness to appropriate accounting of medical
costs to comply with the state and federal insurance accounting
standards through segment and functional leadership buy-in, awareness
training, development of exception reporting, KPI metrics analysis and
reporting, and updated systems and processes.
. Issued 13 regulated entities audited financial statements, on time or
ahead of schedule, with no deficiencies in accounting or reporting.
Improved controls from prior year deficiencies of 30% to 0% in one
year.
. Increased a shared service's reporting capacity by 18% in one year
through enterprise program initiates to stream-line accounting and
enterprise awareness training.
. Improved communication tools to regulated entity leadership through
the development and presentation of board packages and quarterly close-
call reporting packages that identify key results to leadership and
document controls over accounting and reporting used to improve their
decision making and regulatory compliance.
Alliant Techsystems, Inc., Plymouth, MN (1987 - 2007)
ATK supplies aerospace and defense products to the U.S. government agencies
and its prime contractors and subcontractors, with $4.4B (2008) in annual
revenues
senior planning and reporting manager (2006 - 2007)
Led operational and corporate FP&A team for a division with $350M in annual
sales through ongoing strategic planning, forecasting, and analysis. I had
direct accountability to help the operations achieve their P&L and cash
flow goals by leading strategic initiatives involving cross-functional
teams as well as maintaining compliance with accounting policy. Managed
and developed staff of four accounting and finance professionals.
. Led overall process in coordinating with business development in
forecasting the strategic orders plan and discretionary and capital
requirements, that decreased the gap between their initial roll-up and
their corporate targets.
. Through the development of effective monthly operational reporting, I
enabled the President, CFO, and their leadership teams to take
strategic action in delivering on their key operational metrics
through initiatives such as managing overhead rates, acceleration of
contract deliverables, and management of contract terms.
. Exceeded goals managing cash flow by maximizing vendor payment
options through supply chain management.
human capital investment manager (2004 to 2006)
Responsible for financial modeling and accounting of company's benefit
plans during period of increased benefit costs, pension contributions,
changing accounting standards, and ERISA regulations. Managed one manager
and staff of five.
. Maximized borrowing capacity, cash flow, and reduced expense through
scenario modeling of funding strategies for their defined benefit
plans and funded retiree medical plans.
. As an advisor, I helped to create a new strategic direction for the
spending of the Foundation's funds that directed spending closer to
the company's overall mission in the areas of science and math.
corporate overhead financial manager and government cost accounting
(2000 to 2004)
Managed overhead budgets, working with the SVP to implement tighter
controls, cost reduction, and supply chain initiatives across her
organization.
. Mitigated double digit growth trend in benefit costs by implementing
proactive cost reporting to target cost reduction programs, engaging
health care consultants to improve reporting to understand cost
drivers.
. Implemented KPI tools for operations and corporate leadership to track
cost drivers and effectiveness of initiatives through flash reports,
reporting of overhead rates as compared to budget and forecast, and
tracked cost per driver such as medical costs per employee per month.
. Successful in negotiating cost growth assumptions into the forward
pricing bid rates that maximized cost recovery and reduced P&L risk in
long-term contracts.
Prior: Positions held include Corporate Financial Planning and Analysis
Lead (1998 - 2000), Sr. Treasury Analyst (1994 - 1998), and progressive
positions within project accounting and budget management in manufacturing
operations (1987 - 1994).
ACADEMIC EXPERIENCE
Provided consulting to the Board and Executive Director of a large
Minneapolis nonprofit to help their mission gain momentum though voice
of customer feedback they used in their future state strategic planning.
Provided a division of a Fortune 100 manufacturing company a
recommendation on how to change their human capital management and
organizational systems to better align with their strategic market
strategy, which they were able to incorporate into their transformational
change strategy.
Education: Executive MBA - University of St. Thomas, Opus College of
Business, Minneapolis, MN
BA in Finance- University of St. Thomas, St. Paul, MN