Anne E. Kelly, CPA, MBA
Chalfont, PA 18914
SUMMARY OF EXPERIENCE
Finance and accounting executive with over 20 years of progressive management and financial experience with emphasis in financial services and telecommunications. Solid foundation in treasury, accounting and reporting, financial controls, analysis, budgeting, forecasting, and strategic planning. Strengths include a logical approach to problem solving, accomplishing objectives and working well with people of all levels and skill sets. Skills and areas of strength include:
•General Accounting and Financial Reporting
•Management / Performance Reporting and Analysis
•Legal Documentation and Compliance
•Capital Markets Execution / Securitization
• Investor Relations Reporting / Management
•System Implementation, Planning and Development
•Regulatory Reporting/SEC Reporting/Registration Statements
DLL GROUP, LLC, WAYNE, PA June 2014 to January 2015
Vice President, Head of Business Planning and Analysis
Responsible for the financial and control aspects of a growing equipment leasing and finance company.
Lead and managed the North American financial and management reporting (US GAAP and IFRS) and consolidations for $12.8 billion in assets. Responsible for the forecasting and budgeting processes for multiple locations with annual revenues of approximately $600 million; supervisory responsibility for six financial managers/analysts. Through this leadership, timely, accurate, and meaningful information was developed to support business decisions for five business lines.
•Managed the pricing governance related to any program agreements above the board approved levels;
•Collaborated with counterparts for Europe and APAC to drive continuous process improvements for accounting and business processes;
•Liaison for business teams and the senior management team in pricing deals, defining needs and assistance in achieving goals;
•Identified key performance indicators and drivers for the organization and developed financial models to project short term and long term outlooks for key financial measures;
•Acted as an agent of change within the organization and department related to process changes required for pending regulatory changes;
•Supported the financial audit programs across Company with the external auditors;
•Coordinate/lead business unit or functional teams to ensure standardized processes are developed and deployed across the organization for consistency and quality of financials and related supporting analysis;
•Work closely in concert with the CFO, Controllers, Business Unit CFOs, and Accounting counterparts to ensure timely submission of information related to the monthly, quarterly and annual financial reporting requirements;
•Reviewed and recommended accounting policies based upon the latest requirements of accounting standards board (US GAAP and IFRS) and governmental agencies related to the introduction and implementation of new product offerings;
•Coached and mentored staff to improve their understanding of accounting, risk management and improving overall analytical skills.
LADDER CAPITAL FINANCE LLC, NEW YORK, NY April 2011 to 2013
Executive Director of Finance and Treasurer
Responsible for the financial and control aspects of a growing commercial real estate finance company.
•Developed and implemented the finance and accounting infrastructure to support the growth and profitability of a
$2.8 billion start up commercial real estate finance company during volatile market conditions; including integrated loan and security investment management platform, payables system, travel and entertainment reporting application, cash management reporting, forecasting and budgeting reporting and property accounting reporting.
•Developed, implemented and managed an investor relation communications and information reporting database and banking credit reporting and compliance database for 30+ investors and 14+ banking relationships, respectively.
•Managed the company’s treasury operations, managed cash position including $3 billion in secured funding facilities.
•Developed and implemented processes related to compliance reporting.
•Developed and prepared Board of Director presentations, banking relationship presentations, and investor correspondence and communications.
•Evaluated and executed financing structures, agreements and capital raises. Participated in a capital raise of over
$250 million from various investors and participated in the structuring of over $3 billion secured financing facilities for various product types.
•Profitability grew 10% in 2011 with approximately $2.8 billion in assets. On target for 50%+ growth in profitability for 2012.
CAPMARK FINANCIAL GROUP INC., HORSHAM, PA 2001 to April 2011
(A former operating unit of GMAC)
Senior Vice President – Assistant Treasurer
Oversaw treasury and financing functions for a global commercial real estate finance company that operated three core business segments in North America, Asia and Europe with total assets over $20 billion and a global servicing portfolio in excess of $350 billion.
•Directed worldwide Treasury operations - evaluate and execute the most cost-effective means of financing the balance sheet, executing financing arrangements worldwide in multi-country/currencies environment.
•Responsible for daily funding of the balance sheet, domestic and foreign cash management, development and implementation of secured and unsecured funding facilities.
•Participated and implemented the debt restructure associated with equity sale of the Company from GMAC to a private equity consortium, realigning over $11 billion of multi-currency funding from a syndicate of over 23 banks.
•Played a leading role in the execution of the Company’s inaugural $2.55 billion senior notes 144A private placement followed by a registered exchange offer, dealing directly with Company’s executive team and equity owners, as well as, underwriters, rating agencies, legal representatives and trustees.
•Directly assisted in the development of asset-backed funding facilities (on/off balance sheet treatment) including publicly rated asset-backed commercial paper programs.
•Developed and managed the Company’s foreign exchange policies and procedures. Responsible for ensuring that foreign exchange exposure was minimal. Monitored daily position and developed reporting processes.
•Designed and implemented a multi-currency consolidated forecasting and budgeting model for the global budget.
•Management responsibility of 14 professionals worldwide.
•Managed and prepared various internal and external reporting requirements including daily cash and debt positions, compliance requirements, and budgeting and forecasting related to over 250 legal entities including the Companies' regulated, wholly owned subsidiaries - a broker-dealer, two domestic industrial banks, and one European Bank.
•Execute over $2 billion of wire payments daily worldwide for over 250 subsidiaries and 600 bank accounts.
•Fulfilled leadership role in the treasury department’s Sarbanes-Oxley processes and controls implementation and on- going reporting.
•Participated in Asset/Liability Management Committees and the various subsidiaries Board of Directors.
VERIZON COMMUNICATIONS 1993 to 2001
Tenure reflects a progressive history, with increased responsibility within the world’s leading telecommunications provider.
VERIZON GLOBAL SOLUTIONS, INC. – LIBERTY CORNER, NJ 2000 to 2001
ASSOCIATE DIRECTOR OF ACCOUNTING OPERATIONS
•Directed the Company’s international operations for accounting, treasury, tax administration and regulatory compliance for the newly formed international long distance operations (post-merger) and international wireless divisions (pre-merger). Implemented policies and procedures to operate in a multi-country/currency environment.
BELL ATLANTIC INTERNATIONAL WIRELESS – PHILA, PA 1998 to 2001
•Designed the financial forecasting and budgeting models and implemented management reporting processes for 30+ subsidiaries, 8+ joint ventures located in Latin America, Asia and Europe.
•Managed the accounting functions of the general ledger, accounts receivable, accounts payable, payroll, and fixed assets while supervising approximately 12 corporate staff.
•Responsible for the consolidation of joint venture subsidiaries with Verizon Communications.
•Interacted with senior management of ventures and parent companies providing results and analysis related to significant investment initiatives, establishing joint ventures, operational key metrics and performance, and corporate consulting/management telecommunication services.
BELL ATLANTIC NETWORK SERVICES, INC. – PHILA, PA 1993 to 1998
•Planned and performed financial and operational audits for both the regulated and non-regulated companies of Bell Atlantic. Reviewed, documented and evaluated systems of internal controls. Prepared audit reports and presented significant audit concerns to senior management. Interacted effectively with client management, identifying needs and recommending solutions.
GRANT THORNTON (FORMERLY, AG EPSTEIN & CO.) – JENKINTOWN, PA 1988 to 1993
Performed audits, reviews, compilations and tax preparation for a wide variety of corporate and individual clients. Handled full charge client responsibility and supervised staff through to completed and issued financial statements and tax returns. Specialized in construction, manufacturing and health services. Experience in completed contract, percentage of completion, inventory valuations, cost accounting, fee for service, and related tax reporting requirements.
EDUCATION AND PROFESSIONAL CERTIFICATIONS
Masters in Business Administration (1999) VILLANOVA UNIVERSITY, VILLANOVA, PA
Bachelor of Science in Business Administration, Accounting (1988) SAINT JOSEPH’S UNIVERSITY, PHILADELPHIA, PA CERTIFIED PUBLIC ACCOUNTANT – Pennsylvania State Board of Accountancy