Kathryn "Kc" Cloyd Email & Phone Number

Baltimore, Maryland, United States

Manage the company's daily operations, including the finance, accounting, operations and human resources functions, as well as vendors. Focus on setting strategy, defining long-term objectives and executing processes that ensure the sustained growth of the organization.

Baltimore, Maryland

Led team of 20 credit professionals overseeing all retail and wholesale counterparties. Evaluated and monitored credit exposure of $7 billion. Managed budget of $5 million. Negotiated and approved contractual credit terms designed to mitigate corporation’s credit exposure. Interfaced directly with front office leadership on transaction structuring and approval. Provided guidance and support to credit senior managers and analysts. Prepared and presented credit topics to senior executive leadership, including CEO. Mentored junior members of risk organization. Worked directly with CRO and risk senior leadership team to set vision and strategy for organization.• Managed counterparty collateral, including cash, letters of credit, surety bonds, and non-liquid collateral, such as liens and lockbox structures or borrowing base agreements.• Facilitated termination of over $900 million in posted parental guaranties.• Implemented industry risk analysis to assess impact of COVID-19 on counterparties.• Contained retail bad debt expense to 0.2%-0.3% of revenues, a best-in-class level. • Facilitated diversity and inclusion events covering topics such as gender equality, BLM, self-advocacy, sisterhood, and effective communications.• Prepared risk career path roadmap from analyst to manager level to provide insight to newer members of organization on their path to promotion.

Baltimore, Maryland

Managed retail credit team providing front-end credit approval on all customer transactions. Directed 16 staff in multiple locations. Evaluated credit exposure and assigned credit ratings and credit limits to customers for power, gas, energy efficiency, and distributed energy products. Maintained service-level agreements with front office sales team. Ascertained need to make collateral calls on customers.• Optimized approval thresholds to automate 70% of all credit requests, an increase of 10%.• Reduced headcount by 40% while maintaining response time service-level agreements with front office.• Integrated multiple retail energy company acquisitions, including Integrys, ProLiance, and Con Edison Solutions.• Implemented new retail credit system, BusinessConnect, on time and on budget.

Baltimore, Maryland

Served as chief of staff for newly named Constellation CEO. Worked closely with HR and communications on CEO’s messaging. Focused on areas of improvement coming out of recent employee engagement survey. Facilitated skip-level listening sessions for CEO and his direct leaders. Managed CEO’s regular staff meetings. Worked with senior leadership team to develop yearly business plan.• Managed development and rollout of business plan.• Served as co-lead for Action Learning Team initiative to address employee engagement and inclusion issues. • Developed format and content for 2014 Leadership Now off-site for all Constellation and embedded staff key managers (300 employees).

Baltimore, Maryland

Directed staffing and selection process for organization following merger of Exelon and Constellation Energy. Managed internal audit group providing risk assurance to commercial and generation businesses. Supervised 11 staff in multiple locations. Provided geographic leadership for entire Baltimore staff and established quarterly site meetings for team-building and communication. • Evaluated emerging risk and completed additional audits related to FERC settlement, Dodd-Frank compliance, and Zion nuclear plant decommissioning.• Led initiative to consolidate two legacy company audit process methodologies, providing more structure and guidance around audit issue and report ratings.• Performed assessment of Retail Energy five-year budget at request of senior management.

Baltimore, Maryland

Established and managed processes for reporting, forecasting, and budgeting for all Retail Energy business lines. Supervised 14 staff in multiple multiple locations. Presented all financial forecasts and results to senior management. Analyzed and explained monthly variances to budget and latest forecast. Prepared talking points for commercial leaders’ presentations to internal and external stakeholders. Facilitated annual sales quota setting, ensuring quotas aligned with forecast. • Integrated solar and energy efficiency FP&A functions into Retail Energy.• Streamlined forecasting process for Retail Power to significantly reduce time/effort necessary to consolidate and validate results.• Developed reporting and forecasting for new residential electric business line and integrated two residential energy supplier acquisitions into Retail Energy.

Baltimore, Maryland

UniStar is a joint venture between Constellation Energy and EDF. Established and managed processes for reporting, forecasting, and budgeting for joint venture company intending to build new nuclear plants in the U.S. Established FP&A department and developed standard reporting packages for internal senior management as well as JV parent companies. Worked with procurement, legal, treasury, and vendors to implement escrow mechanism for invoice payment, which eliminated need for parent guaranties or other collateral.

Baltimore, Maryland

Managed consolidation of monthly reporting, forecasting, and variance analysis for the nuclear and fossil generation plants. Developed model to calculate incentive payouts for multiple year-end scenarios.

Baltimore, Maryland

Served as functional lead and project manager for redesign of company’s financial reporting, forecasting, and budgeting software. Managed system redesign project and implemented new system on time and within budget. Organized user validation sessions for redesigned system prior to go-live and resolved any issues.

Baltimore, Maryland

Analyzed and consolidated monthly reporting, forecasting, and variance analysis for the nuclear and fossil generation plants.

Corning, New York

Supported all corporate finance activities. Prepared financial analysis for presentation to credit rating agencies, and performed other ad-hoc projects including capital structure, minimum cash requirements, dividend policy, and debt reduction. Managed reporting of all contingent liabilities, including letters of credit, bonds, and parent company guaranties and prepared related footnote support for SEC reporting. Coordinated equipment leasing and performed lease vs. buy analysis and FAS 13 testing. Performed quarterly debt covenant compliance testing and reporting. Obtained clean internal audit report to confirm process compliance with Sarbanes-Oxley requirements.

Corning, New York

Managed all internal financial reporting for $3B diversified manufacturing company. Supervised two financial aides. Forecasted company’s consolidated cash flow and balance sheet. Upgraded forecasting software, designed improved process, developed better reports, and wrote detailed procedures. Increased overall forecast accuracy. Developed method to import monthly financial data into existing Khalix database, which resulted in eliminating multiple Excel models and reduced headcount in group. Implemented automated process for reporting monthly cash flow by division. Participated in six sigma project to improve company budget process.

Fort Mill, South Carolina

Served as controller for $60 million international aircraft parts distributor. Supervised credit, collections, inventory, cost accounting, and accounts payable.

Charlotte, North Carolina

Managed all accounting functions for sports programming production subsidiary of ESPN. Prepared monthly financial statements and variance analysis. Supervised three accountants.

New York, New York

Served as controller for a mid-sized advertising agency. Supervised staff of seven, including accounts receivable, accounts payable, employee expense processing, and payroll.

New York, New York,

Consolidated monthly reporting packages, quarterly forecasts, and profit plans from 50 worldwide advertising agencies within DDB Needham network.

New York, New York

Received public accounting experience with concentration in financial services clients.