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Controller, Tax Manager, Financial Director

Chapel Hill, NC
March 15, 2018

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Koreen Bennett, CPA

**** ******* *****, ****** ****, NC 27516

Cell 919-***-****

Job Objective:

Contribute to the financial success of your organization using my experience as Big-4 CPA, $100 billion financial reporting supervisor over NC statewide pensions, Tax Manager for multinational manufacturer, and Assistant Controller responsibilities spanning treasury, tax, budget, and audit.


Tax Manager, Ennis-Flint, Inc., Greensboro NC, $600m global manufacturer. 2017-Jan 2018:

Responsible for US nationwide tax preparation of corporate income, franchise, business privilege, sales and use, and business license.

Resolve tax inquiries directly with tax jurisdictions. Liaison for external tax audits.

Prepare Base Erosion Profit Shifting (BEPS) new international disclosures.

Liaison with Ernst & Young (EY) for external corporate income tax preparation.

Initiate documentation of tax procedures.

Create tax shared-drive repository. Initiate group tax team email address to simplify tax jurisdiction correspondence.

Advise management regarding tax compliance.

Assistant Controller, Loparex LLC, Cary NC, $340m inbound manufacturer. 2015-2017:

Control treasury analysis and reporting for cash, intercompany interest, and payroll. Advise management regarding trends and recommend cash transfers to long-term investments. Train staff regarding issues during migration to a new corporate bank.

Improve corporate tax compliance with nationwide jurisdictions. Responsible for tax filings spanning corporate income, franchise, business privilege, sales and use, business property listings, international interest reporting, and other taxes.

Liaison for IRS and states’ tax authorities’ inquires and audits. Coordinate Price Waterhouse Coopers’ (PWC) external income tax return preparation.

Advise improvements to strengthen internal controls processes.

Prepare the tax provision and quarterly tax estimates in-house, to provide savings on previous PWC fees.

Create the company’s first tax calendar of deadlines, to ensure timely filings.

Keep abreast of tax law changes. Research impact and advise management for recommended actions to minimize tax risks. For Section 385 inbound company deductibility of intercompany interest, informed management of upcoming proposed documentation requirements for international, intercompany loans

Inform management of the 2017 FBAR filing requirements for companies with US citizens as employees with signature authority over foreign corporate bank accounts.

Coordinate the global finance team for allocating responsibilities for the new 2017 BEPS documentation requirements.

Responsible for financial reporting the GAAP accounting close for the Loparex USA LLC holding company.

Calculate depreciation, capitalize construction-in-progress projects, record fixed asset disposals.

Generate annual budgets for capital spending, depreciation, intercompany interest, tax, cash, and the complete financial statements of the USA holding company.

Initiate, document, and continuously update all treasury procedures. Publish for access by Vice President of Finance and team.

Monitor intercompany debt. Remit international intercompany interest timely by wire. Record IFRS bank fees amortization expense.

Audit liaison contributor with Grant Thornton (GT), external auditors.

Built the beginning balance sheet for a new, post-merger, corporate entity. Propose strategies to our Netherlands’ parent executives.

As internal business advisor, recommended new product ideas to Vice President of Research & Development. Brainstorm new customer industries, to encourage growth of our top-line revenue.

Advise 401(k) board members regarding 2017 Department of Labor intensified Fiduciary Rules, including increased fiduciary liability for both board members personally and for corporations.

Retirement Accounting Supervisor, NC Department of State Treasurer, Raleigh NC, 2013-2015:

Responsible for financial reporting for $100 billion in assets for the North Carolina 9 pension retirement systems and 401(k) plan.

Supervise 2 staff. Lead motivational coaching sessions. Recruit and train finance staff to thrive on our team.

Manage $5 billion in annual payroll to retirees, disabled members, and death benefit beneficiaries. Prepare timely payroll tax remittances. Review and file payroll tax filings, including annual Forms 5500, for each of the 9 retirement systems.

Lead annual reconciliation project between the retirement systems’ member database with reported financial statements.

Create agenda for cross-functional, management meetings between retirement systems division, IT, legal policy group, financial operations division, and communications group. Responsible for follow-up on results for identified issues.

Responsible for drafting retirement’s 25 pages of the NC Comprehensive Annual Report (CAFR). Drafted 5 pages of the CAFR for North Carolina State Health Plan, since retirement section was completed before reporting deadline.

Award of Excellence from Janet Cowell, North Carolina’s then-elected State Treasurer.

Certified Public Accountant for local CPA firms and closely-held businesses. 1995-2013:

Watson + Davis, Cary NC. 2013. Prepare high-wealth individual and corporate income tax federal and state returns. Prepare corporate tax Forms W-2 and W-3 for annual wage reporting. Research and prepare independent contractor Forms 1099.

Anthony F. Armento, CPA. Durham NC. 2009-2012. Prepare corporate income, sales and use, and payroll tax returns. Provide accounting write-up services. Process payroll, including remitting taxes due. Mentor a client to schedule time for himself to avoid burnout and closing his business, with result of maintaining a satisfied, going-concern client. Research all 50 states’ tax rulings on the need for companies to collect sales tax for online sales.

Glenn Spell, CPA. Chapel Hill NC. 2008. Prepare individual income tax filings for federal and state returns.

Closely-held family businesses. 1995-2012. Manage financial reporting and tax preparation for Bottlenose Enterprises Inc. and Giant Shoulder Inc., computer consulting C-corporations. Fun Breaks Inc., a gift shipping business. Author self-help book “Fun Breaks”. Create marketing logo for the Giant Shoulder Inc.’s family of products.

Robert Half Management Resources. 2013. Consult at Shaw University. Provide audit preparation services.

Senior Budget Financial Analyst + Internal Auditor, Hughes Network Systems, Inc., Germantown MD, 1989-1995:

Subsidiary of Fortune 100-company, Hughes Aircraft Company.

Responsible for nationwide budget preparation and consolidations. Create monthly financial reporting package.

Initiate nationwide internal audit function, spanning initial risk assessment, to fieldwork, to reporting recommendations to management.

Senior Auditor, CPA, Big-4, Deloitte + Touche, Washington DC, 1986-1989:

Promotion to Senior Auditor of Emerging Business Services. Lead nationwide Cystic Fibrosis Foundation nonprofit, 50-state audit project. Consolidate, including eliminations, the 50 separate state audits into one nationwide audit report.

Lead audits of Colonial Circuits, a circuit board manufacturer, DC chapter of the March of Dimes, the Independent Petroleum Association of America, Veterans of Foreign Wars Political Action Committee, and other nonprofits. Prepare corporate tax returns.

Supervise 6 staff auditors. Lead motivational team-building activities.


Certified Public Accountant. CPA. Currently licensed in NC. License 35609. 40 hours of continuing professional education annually.

University of Maryland. MBA, one semester. GPA 4.0. Self-financed. Outward Bound team leader.1992.

University of Pittsburgh. BS in Management + Accounting. GPA 4.0. Self-financed. Volunteer Income Tax Assistance leader.1986.

Software + New Learning:

Microsoft Office Suite, Oracle SAP, Oracle Hyperion, Microsoft Dynamics, Avalara sales tax software, various tax preparation software, State of North Carolina custom state systems NCAS and CMCS, Prism, QDMS, and Traverse. Fast typist, organized, multi-task, respect deadlines. Motivational leader. Positive attitude. Enthusiastic and collaborative team member.


Running. Golfing. Healthful cooking. Fit lifestyle.

Master Mind business advisory group idea contributor.

Personal investor. Research companies and funds for investment.

Volunteer in classrooms, theater, and for sporting events.

Jury foreman while on jury duty in Orange County, NC.

Travel. Movies. Books.

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