Katherine Arvesu
Huntersville,NC
Summary
Results-driven leader with a proven track record of success leading and growing organizations. Strong background in strategic planning, financial management, IT integration, complex change management, and team development. Well-versed in assessing risk, developing solutions and implementing positive changes to achieve sustainability and growth.
Overview
13
13
years of professional experience
3
3
Certificate
Work History
SVP/COO of Core Technology and Operations
TRUIST
03.2022 - Current
- Right-hand of Chief Technology and Operations Officer managing business operations across 3.2k workers and a $1.02B Expense Portfolio
- Leading the following divisions: Financial Management, Workforce Management, Talent Management, Demand Management, Program and Project Management, Organizational Change Management, Communications, Business Services, Technology Procurement, Enterprise Asset Management (SW/HW), and Enterprise Telecom Management
- Refined organizational structure to consolidate, streamline, and delineate necessary functions, reducing CTO's direct reports from 22 to 10
- Made large-scale financial decisions, negotiated contracts and agreements to secure favorable terms, and supervised company spending, which resulted in $147MM+ YTD cost savings
- Processed over 445 YTD technology procurement requests ($141.2MM) within standard SLA
- Managed a $7.5MM Enterprise Telecom budget, 600k telecom inventory and process, driving efficiencies resulting in $3MM YTD cost saves
- Maintained rigid KRI and KPI compliance of Hardware and Software Assets
- Recycled 99% of 836k pounds of hardware equipment sent for disposal, driving focus on ESG
- Drove reduction in software compliance risk exposure, reducing from $1.4MM exposure to $400K month to month
- Established consistent software asset management compliance reviews and Enterprise License Position (ELP's) for all prioritized software vendors, resulting in $33MM cost avoidance $4MM of cost reduction
- Completed business case analysis, transition plan, & execution of the reuse of ~900 assets ($21MM value)
- Introduced agile methodologies and spearheaded the integration of systems, process, and workflows to improve the company's ability to deliver infrastructure projects by 25% and reduce operational expense 30%.
- Identified and mitigated operational risks to minimize potential negative impacts on organization, through successfully closing out 3 Significant Audit findings
- Created succession plans for 65+ Key Person resources, to provide continuity of operations during leadership transitions
- Engagement survey for 2022 increased participation rate from 57% to 88% compared to 2021 survey, overall favorable engagement score increased from 72% to 91%
SVP/ Finance Transformation Executive
TRUIST
02.2019 - 03.2022
- Successful execution of CFO Merger Portfolio, for the biggest merger since the 2008 financial crisis
- Managed the Merger portfolio for the CFO, which included complete end to end business process recreation and technical integration (Accounting, Tax, Management Reporting, LOB CFO verticals, Treasury, Investor Relations, Risk, Sourcing, and Corporate Real Estate.)
- Led a 300+ cross-functional business and technology team across 22 workstreams
- Led end-to-end execution and integration of financial applications with 75 enterprise applications
- Completed the transformation of over 60k account center combinations and money movement of $895B
- Completed updating and creation of 45+policies and 125+ standards and procedures
SVP/ Finance Transformation Executive
BB&T
01.2015 - 02.2019
- Delivering on large scale and complex strategic and regulatory finance projects for the CFO
- Managed strategic delivery management and change management across complex and heavily integrated financial systems and technology platforms in support of multiple business units
- Managed cross-matrixed resources across multiple business units, enterprise technology, project management office, and external contractors, to successfully and effectively deliver on time and on budget all initiatives
Managing Consultant
PricewaterhouseCoopers
06.2011 - 03.2015
- Managed the successful implementation of SAP as a general ledger system of record for top five US regional bank. Responsible for process change end and user readiness
- Led a specialized team as part of a two-year 700+ person federal investigation into alleged corrupt mortgage service practices with ultimate consequences in excess of $9.3B
- Business process and technology lead over Fidelity Fiserv implementation for top-five Automotive captive
- Managed captive auto lender marking study across several top captive auto lenders, comparing performance and establishing benchmark key performance indicators
- Reviewed and prepared federal and state tax returns for C. Corp, S. Corp , Partnerships, LLCs, Trust, and Individuals
- Managed communication with Internal Revenue Service and state agencies regarding client tax matters
- Developed tax planning and forecasting strategies for corporate clients
- Led teams in performing financial statement audits for private companies in a variety of industries
- Conducted internal control reviews and provided recommendations in findings
- Supervised and trained new tax and audit associates
Corporate Accountant and Financial Analyst
TBC Corporation
11.2010 - 06.2011
- Managed implementation of new inventory system. Created new process and standards
- Partnered with Senior Management to optimize internal control processes
- Developed and implemented new employee expense process and facilitated training of associates
- Developed and implemented new accounting policy and procedures over company tangible assets in compliance with GAAP and Japanese SOX
- Supported Controllers with budget and strategic planning
- Prepared monthly financial reports of variance analysis and balance sheet reconciliations
- Supervised Fixed Asset Team, optimized and drove efficiencies in process
Tax Accountant
BDO USA, MBAF LLC
01.2010 - 12.2010
- Prepared federal multi-state tax returns for C-Corps, S-Corps, Partnerships, LLCs, Trusts, and Individuals
- Developed tax planning and forecasting strategies for Corporate Clients
- Prepared financial statements, including compilations with and without disclosures
- Performed financial statement reviews on monthly, quarterly, or annual basis, depending on client needs.
Education
Master of Science - Accounting- Specialized, Tax
North Florida University
Jacksonville, FL2009
Bachelor of Science - Accounting
Florida State University
Tallahassee, FL2008
Skills
- Management Team Leadership
- People and Culture
- Corporate Strategy and Development
- Strategic Risk Management
- P&L Responsibility
- Change Management
- Results Orientation
- Corporate Communications
Certification
- CPA - Certified Public Accountant
- PMP - Project Management Professional
- Certified Six Sigma Green Belt, PwC
Timeline
SVP/COO of Core Technology and Operations
TRUIST
03.2022 - Current
SVP/ Finance Transformation Executive
TRUIST
02.2019 - 03.2022
SVP/ Finance Transformation Executive
BB&T
01.2015 - 02.2019
Managing Consultant
PricewaterhouseCoopers
06.2011 - 03.2015
Corporate Accountant and Financial Analyst
TBC Corporation
11.2010 - 06.2011
Tax Accountant
BDO USA, MBAF LLC
01.2010 - 12.2010
Master of Science - Accounting- Specialized, Tax
North Florida University
Bachelor of Science - Accounting
Florida State University
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