Karre M. Havey

• Oversaw the creation of yearly operating 30M and capital IT 5M budgets, focusing on infrastructure security, PMO, internal labor, and SaaS initiatives. Cultivated strong relationships with IT vendors to manage renewals, commitments, and payment processes effectively.
• Key Highlights:
• Established impactful relationships with IT, finance, and accounting teams post Pepsi Co. separation.
• Apply correct accounting treatment to SaaS, capital and internal IT labor allocations.
• Identify trends, risks and savings opportunities across the annual operating plan. Reduced the operating budget by 10%
• Analyzed financial data to identify trends and support decision-making processes.

• Conduct GL accounts reviews along with processing adjustments to finalize monthly account reconciliations in line with budget. Develop yearly IT budget, involving infrastructure, internal labor, SaaS initiatives, along with managing connections with IT vendors.
• Key Highlights:
• Ensured adequate depreciation by identifying suitable accounting treatment and assessing asset life for all IT investments.
• Fostered impactful relationships with IT, finance, and accounting teams during transition from private to public status.
• Lead close and account reconciliation reviews of prepaid, fixed assets, internally developed software and expense accruals.
• Managed budgeting processes, ensuring alignment with organizational goals and operational efficiency.

• Generated and delivered comprehensive financial reports on multi-year shared One-Infrastructure dual entity project valuing at 50M. Collaborated with other bank entities to merge accounting best practices, shared infrastructure, and cost sharing in line with prominent levers. Formulated resource budgets and established point of contact for clarity timekeeping issues.
• Key Highlights:
• Boosted IT timekeeping submission from 70% to 98% completion, resulting in more accurate accounting results.
• Modeled financials for shared infrastructure with European bank partners.
• Accrued for monthly IT expenses and enhanced accuracy of financial statements on quarterly basis.
• Analyzed variances in financial performance, providing insights for strategic decision-making.

Planned, developed, and defined major IT project budget, resource plans, and external vendor contract costs. Delivered comprehensive reports encompassing trends, risks, and forecast to completion.

• Key Highlights:
• Reduced resource time by 15% by streamlining IT contract review, purchase order creation, and invoice payments.
• Developed comprehensive financial models to support budgeting and strategic planning initiatives.
• Collaborated with cross-functional teams to enhance financial reporting processes and accuracy.

• Acted as main point of contact between Project Managers, Program Managers, Procurement to initiate new projects, secure the budget, and accurately assess capital / operating expenditures by committing all initiatives in line with IT project budget. Incorporated and encouraged collaborative culture by establishing process workflow between outsourcing vendors and internal business.
• Key Highlights:
• Maintained yearly corporate IT strategy and infrastructure budget within less than 10% of original 80M per year.
• Member of Capital IT Planning Committee, approving business cases for IT Strategic Plan and upcoming year Portfolio.