Renu Anne Karakunnel
Parkland, Florida • +1-954-***-**** • ****.*********@*****.*** •
linkedin.com/in/renu-anne-karakunnel-ca-sa-3080aa24 DIrector: Business Transformation
** ***** ** ******* *****l and diverse teams to drive transformation, efficiency and ROI of 20% to 30% savings through corporate strategy, process standardization, automation, clear and transparent business case and change management. WORK EXPERIENCE
777 Partners • Miami • 05/2022 - Present
Private Equity Firm
Senior Manager: Finance Strategy and Integrations
Pediatrix Healthcare Solutions • Fort Lauderdale/New York • 05/2017 - 03/2022 Healthcare
Senior Manager: Finance Projects + Systems
Established a new Project Management Office for all finance special projects with a portfolio value of $15million. Established project management methodology and introduced ROI tracking. To date, 20% ROI savings achieved on projects through cost and FTE reduction and process efficiency.
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Led the Accounts Payable transformation initiative to standardize, automate and reduce costs. Gap analysis and future state recommendations to provide savings of $1.7m in the first 3months through efficiency and automation. Project is ongoing.
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Delivered financial integration for newly acquired companies (20+), including transitioning to SAP S4HANA, shared services consolidations and process standardization resulting in a 30% cost savings in the first 6 months of integration.
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Established a process to timely communicate the new acquisition process to key executives and company stakeholders. This helped bridge misinformation and timely decision-making across 60+ brands.
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Led the company's finance project portfolio worth $10million. Responsibilities included strategy and transformation, project execution using Agile and Scrum methodologies, resource management and financial management.
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Led diverse technical and operational teams to develop a solution to value the company’s reserve rate (revenue they will not collect) using rules and historical data. Improved cash collections by 10% due to better decision-making. Enabled a single source of data for revenue and eliminated excel reporting. Improved analysis + reporting of Accounts Receivable, Cash and Bad Debt trends. Reduced IT costs by $2mil by improving processing time (moving large financial data from physical servers to cloud)
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Atlantix Partners • Fort Lauderdale • 03/2014 - 04/2017 Consulting Firm
Manager: Business Transformation
KPMG Advisory • Johannesburg • 01/2008 - 02/2014
Audit, Tax and Advisory Consulting Firm
Manager : Strategy and Operations
KPMG • Johannesburg • 01/2005 - 12/2007
Audit, Tax and Advisory Consulting Firm
Senior Accountant
EDUCATION
Bachelor Of Accounting
Rhodes University
CERTIFICATIONS
Chartered Accountant • 02/2010 - Present
South African Institute Of Chartered Accountants
Implemented a new Budgeting and Financial Planning System (Workday) which eliminated significant complex Excel spreadsheets and reduced time spent by finance professionals on data entry and data transformation by 45%.
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Led a ‘financial health assessment’ for a global Private Equity firm on 14 of their high- risk/low performing portfolio companies. Reviewed their finance and procurement processes and developed a gap analysis to remediate gaps. Established Key Performance Indicators and trends on AR and cash collection metrics. Developed project plans to assist clients implement recommendations
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Re-engineered and reduced the financial month end process for a Consumer Product client from 20 days to 5 days with offices located across the USA. Performed current state gap analysis and establish future state month end processes.
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Lead cost reduction engagements for a Global Precious Metal Mining company and Global Oil and Gas company by developing hypothesis supported by data analytics and best practice. 1) Reduced operational costs and increased efficiency by 15% with focus being on FTE reduction through consolidation of management roles and reduction in time spent 2) Improved HR efficiency to the value of $2 million through reduction of P&L costs and FTE consolidation.
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Led a Global Consumer Products company to align their finance processes to a newly implemented SAP system. Process standardization, system automation, elimination of redundant and manual tasks as well as reducing multiple handovers was key. Process efficiency of 20% was achieved over 18 months.
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Preparation of annual financial statements in accordance with relevant accounting standards (IFRS/ US GAAP/ Sarbanes Oxley)
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AWARDS & SCHOLARSHIPS
KPMG Encore Award (2011 - Phase 1 and Phase 2 and 2012) 2004 Golden Key Student at University (top fifteen percentage of the class) • 11/2004 Golden Key
VOLUNTEERING & LEADERSHIP
Girl Scouts • 10/2022 - Present
Troop Treasurer • Parkland, Florida
Manage the Troop funds and budget activities for the Troop. SKILLS
Personal Skills: Leadership, Strong analytical ability, Critical thinking, Break down complex issues, Problem-Solving, Prioritization and time management, Presentation skill, Active listening
Technical Skills: Corporate Strategy, Target Operating Model, Business-Digital-Finance Transformation, Organizational Restructuring, Cost Reduction, Project Management, Financial Management, Business Case and ROI, Financial Reporting, Internal Controls, Risk Management, Sarbanes-Oxley, Process Re-engineering