Daphne Kelley, Mba, Cpa Email & Phone Number

Mercer Island, Wa, Us

Redmond, Washington, United States

Greater Seattle Area

As CFO, built and managed diverse finance and accounting team. Directed quarterly and annual SEC, Regulatory, Board and monthly reporting. Managed liquidity, debt and investments, including interest rate risk analysis, capital stress testing and quarterly loan provision. Designed and wrote policies and procedures using Kaizen and Six Sigma methodologies and incorporating Sarbanes-Oxley (SOX) and operating controls. Chaired Asset Liability Committee and voting member on key management and governance committees. Collaborated and authored annual Strategic Plan with Bank management. Created and managed annual budget and other financial planning and analysis functions.

Greater Seattle Area

As Controller, manage high-caliber finance and accounting talent of over 50 staff including Accounting Operations, Corporate Tax, Sarbanes-Oxley, Reporting and Policy. Built and stabilized team from 16 full-time equivalents and 33 contractors. Responsible for all aspects of quarterly and annual SEC and Call reporting as well as monthly close and reporting results. Reduced monthly close cycle by over 50% and implemented improved processes and controls using Kaizen and Six Sigma both inside and outside Accounting. Present emerging issues to Board and act as a voting member on key management and governance committees.

As Controller I was responsible for all aspects of quarterly, annual and 8K SEC reporting as well as accounting operation functions including capital markets, investments, mortgage loans and general accounting. Technical accounting research included developing and operationalizing processes for reviewing embedded derivatives for bifurcation as well as complex estimates such as impairment and reserves. Lead research projects on behalf of Federal Home Loan Bank System Controllers Committee that represents 12 separate FHLB entities. Projects have included accounting and reporting for cleared derivatives and stress test reporting. Voting member on key management and governance committees, such as Asset Liability Committee and Risk Management Committee. Managed team of 15 professionals.

As Capital Markets Financial Manager at GE Capital subsidiary WMC Mortgage, I was responsible for implementing hedge accounting platform for mortgage portfolio. Performed analysis on derivatives portfolio to determine most volatile instruments. Assisted with structuring, valuing and accounting for securitizations. Established infrastructure, operating procedures and methodologies to ensure compliance with generally accepted accounting practices and corporate policies for hedge accounting, securitization accounting, and valuation of pipeline derivatives.

Held positions within SEC and Financial Reporting, Financial Planning and Treasury Accounting. Compiled and submitted 10K¸10Q and 8K reports to the SEC. Utilized Kaizen and Six Sigma to document procedures and identify inefficiencies, which reduced quarter end close from 8 to 3 days. Ensured documentation was Sarbanes-Oxley compliant. In Financial Planning Group, developed the Gross Profit Plan for Toyota North America and performed quality of earnings analyses for all models. Prepared short and mid-range forecasts and served as liaison to specific operational groups which resulted in the implementation of a financial planning approach that more closely reflected project return-on-investment and operational costs. As Derivatives Accounting and Hedging Manager, responsible for the hedge accounting treatment of debt and derivatives portfolio ($80B) including performing discounted cash flow and regression analysis. Identified and implemented new methodology that resulted in no ineffective hedge relationships and reduced complexity and operational risk.

Senior Auditor in Financial Services and Insurance Industry Groups. Planned and performed audit procedures to confirm if such policies and practices were in effect and operating effectively. Ensured that numbers reported were reasonable and accurate and that notes to the financial statements accurately reflected accounting procedures and other required disclosures.• Obtained understanding of the elements of internal control to plan an audit and perform procedures to understand if such policies, practices and procedures were in effect and operating effectively.• Ensured that numbers reported were reasonable and accurate and that the notes to the financial statements accurately reflected accounting procedures and other required disclosures.

Bs, Business

Mba

Activities and Societies: Anderson Student Asset Management