Darrell T. Carpenter 847-***-**** adh8rz@r.postjobfree.com

Senior Finance Executive

Global Finance Operations Finance Planning & Analysis Compliance

A proven financial executive with demonstrated success in building and leading global finance operations across multiple industries. Brings 20+ years of experience working in decision-making roles for world-leading organizations.

-Strategic Planning & Execution: Drove development and implementation of a Global Client Reporting System; collaborated with key stakeholders to identify and implement enterprise-wide solutions to increase profitability and efficiency.

-Global Team Leadership & Development: Managed cross-functional, dispersed teams across multiple global locations; led the global FP&A and strategy teams.

-Enterprise Project Implementations: Drove continuous improvement and remediation across systems including Oracle and PeopleSoft ERPs.

-Merger & Acquisition Strategy: Negotiated, executed and integrated M&A targets with revenues from $5M to $40M.

Professional Experience

> Underwriter’s Laboratories, LLC Northbrook, IL 2013 – 2020

VP of Global Finance International Management (2019 – 2020)

Managed the global FP&A and strategy teams and all finance operations across Europe, Greater China, South Asia and Latin and South America. Evaluated investments and acquisitions and continuous process improvement recommendations. Recruited and hired positions in Singapore, India, Korea and China.

Directed the multi-disciplinary team that developed and implemented a sustainable Global Sales Reporting System.

Led the team that installed a new VAT tax system for Korea after the creation of a new legal tax structure; spearheaded the implementation of the Oracle ERP for businesses in Brazil.

> VP of Global Finance Retail & Industry Business Unit (2018 - 2019)

Led global finance operations for +$1B business unit, including planning, budgeting, capital assessment, and investment evaluations such as M&A, new facilities, and service expansion opportunities. Played a key role in identifying and recommending solutions to improve profitability, growth, operational efficiency, and systems.

Coordinated the project team to implement a new global fulfillment system for the Retail Testing business.

Preserved a recurring revenue stream and delivered a 15% YOY increase in annual client spend by developing a new fee-based approach for a key client; helped client meet their administrative and operational goals.

Delivered a $1.5M annual reduction in write-offs by leading the cross-functional team that developed an automated sweeper process to auto-bill expenses.

> VP of Global Finance Commercial & Industrial Business Unit (2013 – 2018)

Managed the global finance activities of the business unit generating +$1B in annual revenue. Oversaw planning, budgeting, capital assessment, and investment evaluations. Provided insight on continuous improvement opportunities to increase profitability, operations, and system performance. Played a key role in the integration of multiple acquisitions.

Implemented a new capital project management tool, as well as developed a budgeting and planning tool based on Hyperion that automated foreign exchange/conversion and provided a rolling 24-36-month view.

Drove implementation of Oracle’s Time and Attendance system and created standard processes across UL.

Created a special project team that corrected billing and collection issues following an Oracle implementation; team corrected and collected 95% of billings totaling $100M.

Created a project team that fixed an inaccurate billing system that generated $500M+ in annual revenues; guided the team that corrected the business’s internal P&L reporting after the implementation of Oracle.

Publicis Groupe, S.A. Chicago, IL 1999 – 2012

> CFO & Senior VP Leo Burnett USA, Arc Worldwide (2010 – 2012)

Directed the full suite of finance, accounting, and payroll operations for two advertising and marketing business units totaling $350M in combined revenues. Maintained all compliance by installing internal controls including Sarbanes-Oxley.

Created and implemented a new financial review and compliance process that met corporate and external audit requirements, which resulted in zero audit findings.

Increased accuracy and reliability throughout the annual planning process by creating and installing a new budgeting and planning process that leveraged Hyperion and other internal resources.

Improved team and c-suite collaboration, as well as increased operational and organizational improvements by identifying and writing improvement recommendations.

> Global Director Internal Control & Senior VP Leo Burnett Worldwide, Inc. (2007 – 2009)

Led the recruitment and staffing for the Corporate Compliance team overseeing the SOX and internal control compliance for 105 business units across 85 countries.

Improved internal control by developing a high-quality global audit program that was compliant with Sarbanes-Oxley, internal policies and reduced audit risk.

> Managing Director, Senior VP Lion Resources, Inc., Shared Services (2003 – 2007)

Managed Sarbanes-Oxley compliance for the organization in North America, Latin America, and Australia. Led a shared services center comprised of 80 personnel that were accountable for all media and production accounting, general ledger, financial reporting, and payroll of 24 businesses in 12 locations.

Maintained compliance with all service level agreements (SLA) by managing all internal and external audits and policies.

Controller, Senior VP Publicis US, Inc. (1999 – 2003)

Led all finance and accounting operations for the business, including annual planning, forecasting, client contracts, financial reporting, billing, general ledger, payroll, and systems development. Built a highly qualified staff to support growth from $60M to $125M in annual revenues.

Managed a multi-department team of finance, accounting, HR, and IT professionals through the successful implementation of PeopleSoft across all US offices and businesses.

Increased reliability and improved tax compliance by installing a new payroll system across 20+ divisions and 12 locations.

Additional Experience

> IMC2, Inc. Director of Finance, Senior VP (2009 – 2010)

Education & Professional Development

The University of Texas at Dallas

Master of Science (MS) in Management & Administrative Sciences, Accounting

University of Houston

Bachelor of Business Administration, Finance

Certified Public Accountant (CPA) (Inactive)

AI: Implications for Business Strategy, MIT Sloan School of Management

Executive Leadership Program, Yale Graduate School of Management/Battlefield Leadership

Global Leadership Program, Underwriter’s Laboratories University

linkedin.com/in/darrell-t-carpenter/0/8b0/a0

CONSULTING EXPERIENCE

> Chief Financial Officer, Interim

Access Media 3, Inc.; Chicago, Illinois May 2013 – September 2013

Provided Senior Executive and Financial Leadership for this private cable and internet service provider. AM3 is a Private Equity Portfolio Company with a national presence and revenues of + $45MM

Coordinated and complete year-end audit for 2012

Provided analysis and strategies regarding M&A and integration expertise

Provided efficiencies regarding Finance and Operations

Improved internal control environment

Upgraded and improve financial systems

> Senior Financial Consultant

For a Privately Held Marketing Services Company; Chicago, Illinois December 2012

Performed restatement of 4 years of cash-based financials to IFRS format in support of sale of company to a Global MNC

Provided analysis and strategies to ensure valuation is maximized during negotiation of sale agreement

Provided supporting documentation of asset valuation and cash flows to support initial purchase price

> Underwriters Laboratory (for Numerate Partners); Chicago, Illinois July 2012 - October 2012

Provided business and operational consulting regarding strategies and structures to implement a global shared services group; provided analysis and senior-level consulting regarding change management and implementation of shared services group; assisted with implementation of Oracle R12 Global ERP

Provided detailed analysis and consultation regarding Shared Services structure, service level agreement structure and KPIs for a Shared Services Organization

Provided analysis and consultation regarding creation of global standards for Credit & Collections, Customer Billing and Customer Service Model

Led analysis and rebuild of Global Customer Data File for Credit and Collections during system conversion

Core Strengths

Corporate Finance

Global Operations

Systems Implementation

Mergers & Acquisitions (M&A)

Strategic Planning & Execution

Process Improvement

Training & Development

Sarbanes-Oxley (SOX)

Compliance Monitoring

Systems Remediation

Process Automation

Scalable Solutions

Supporting Growth

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