Coppell, Texas, United States
Shannon has served as a senior finance executive and advisor for mid to large-cap organizations. Her experience includes retail, banking, mortgage servicing, real estate, manufacturing, media, advertising, healthcare, technology, mining, aggregates, power and generation, electric delivery, and alternative energy. Shannon has been a key leader in business and portfolio acquisitions exceeding $45 billion. She has assisted in carve-outs, business divestitures, IPOs, reverse mergers, spin-offs, debt offerings and SEC registrations. She has a sharp focus on operational/budgetary improvements and KPI development and brings an expertise to organizations on complex accounting matters, SEC regulations, financial reporting issues, tax, SOX, ERP systems, and organizational matters. She has served as chair of Disclosure Committees over SEC filings and external communications. SUMMARY QUALIFICATIONS • Multi-disciplined team leadership • KPI development • Process reengineering • Budget optimization • Executive/Board presentations • SEC Reporting• Strategic planning • M&A and Divestitures • Risk management • IPO, reverse merger, spin-off • Tax provision and planning • Shared services • Investor communications • US GAAP • IFRS •SOX
Lead Accounting operations for approximately 13,000 stores across the United States and Canada. Areas of responsibility include the following: Sales Revenue Lottery Credit Card Recovery Commissioned Sales Banking Payroll Accounts Payable Licensing Accounting Customer Service
Nationstar Mortgage, dba Mr. Cooper, is the country's largest non-bank servicer of mortgage loans, operating in all 50 states. • Senior leader responsible for all aspects of accounting for $20 billion in assets and $2 billion in revenues. • Lead Accounting, Tax, SEC Reporting, and SOX functions, directing team of 50 local and 10 offshore professionals. • Chair the Disclosure Committee , approving all external communications. • Respond to investor and other external inquiries on accounting matters. • Direct communications with Audit Committee. • Oversee development of reserve models for mortgage portfolios totaling $11 billion. • Direct accounting for frequent acquisition activity, including portfolios up to $4 billion. • Ensure compliance with GAAP and SEC requirements for highly complex accounting transactions. • Responsible for department forecast and budget. • Oversee compliance with financial debt covenants and agency liquidity requirements.
A. H. Belo is a publishing and online media company with holdings in various newspapers across the U.S., including The Dallas Morning News, holdings in Cars.com and offering digital multi-channel marketing solutions and SAAS based platforms to mid-sized businesses. • Hands-on leader responsible for all aspects of accounting for $500 million in assets and $500 million in revenues. • Oversight of Accounting, Tax, SEC Reporting and SOX functions, leading a team of 40 professionals. • Directed accounting for split of pension plans with $365 million in assets. • Accounting leadership over various business and asset divestitures totaling $200 million, including the sales of Cars.com investment, The Providence Journal and The Press-Enterprise. • Key leader in M&A initiatives providing due diligence, valuation and tax support. • Coordinated recovery of $5 million in tax abatement in connection with sale of real estate. • Oversight of external services including audit, risk, valuation and pension specialists. • Established accounting policies and ensured appropriate revenue recognition across business lines. • Reduced department budget by 25%.
With over 11 years with Big Four firms, provided oversight of audits, including two Fortune 100 clients, middle-market clients, and international clients. Serving clients in the following industries: • Consumer & Industrial Products - Mining & aggregates | Steel & wire products| Power & generation, alternative energy (wind/ethanol) | Consumer products | Manufacturing • Financial Services - Mortgage servicing | Real Estate | Financial institutions • Healthcare - Public hospitals | HHS - Medicare program & Medicaid HMO National instructor for business combinations • IFRS certification • Practice reviewer •SEC filings and registration statements• Complex accounting transactions • M&A transactions, spin-offs, reverse mergers (size up to $45 billion) • Fresh start accounting, carve-out financial statements, start–up accounting
Provided financial oversight of banking sector and healthcare issues. Worked with liaisons in Washington D.C. and led the financial staff in the Dallas Regional Office. • Led multi-regional audit teams including approximately 10 direct reporting staff and 25 indirect reporting staff. Led the audits of FDIC, RTC, Federal Reserve System and the Panama Canal Commission. • Coordinated closely with FDIC’s Contractor Management Oversight Board to securitization of loans and management of REO. • Coordinated review of internal controls assertions of controls, testing effectiveness of controls, and rendering an opinion on controls. • Oversaw contracts with Big Four public accounting firms in the assistance of the financial audits. • Prepared highly sensitive GAO “blue-book” reports with follow-up to legislative and media inquiries.