Kelly Jackson

Global leader of Treasury responsible for the following:

Cash flow forecasting and reporting; Foreign exchange risk management and hedging processes to reduce exposure to currency and interest rates; Cash pooling / consolidation of excess cash for operational and strategic needs; Acquisition integration, including liquidity management and establishing banking services; Banking Relationship Management with Parent Company.

Oversaw global cash management activities, including cash positioning, investments, bank account management and bank portal administration to ensure successful separation from Parent Company. Built out Treasury team, alongside Treasurer, for newly carved out, private-equity owned company. Developed and evaluated opportunities to rationalize banking structure (150 bank accounts across 12 banks). Partnered with other functional areas (A/P, A/R, Payroll, Tax, Accounting) to build out processes and owners of cross-functional activities.

Debt Capital Markets:

Supported Dell Leveraged Buyout transaction by setting up facilities needed to fund key initiatives related to capital asset allocation, acquisitions, and debt refinancing. Managed ABL Facilities, Term Facilities, First & Second Lien Notes and other incremental/refinancing facilities. Partner with internal teams to develop alternative debt repayment/refinancing strategies. Performed fundamental analysis related to debt covenants and developed models linking Corporate Finance and Treasury Accounting activities to debt agreements. Provided support to management in legal agreement negotiations, ratings process, and preparations for various BOD / executive level reviews.

Mergers & Acquisitions:

Managed team overseeing Treasury due diligence and integration activities. Coordinated projects with regional Treasury personnel to ensure successful integration of acquisitions into Treasury operations and controls environment. Led expansion of Dell’s banking partners for escrow and paying agent services by facilitating discussions with Wells Fargo, Legal, and Corporate Development. Developed Treasury M&A Playbook which was commended by Treasury Solutions Group at JPMorgan.

Responsible for revenue accounting for non-warranty services business in US. Managed closure of an internal audit issue related to aged balances for deferred revenue, resulting in recognition of previously deferred revenue of >$95MM. Developed globally consistent processes and controls for Sarbanes-Oxley compliance, including creation of Deferred Cost Checklist which is now utilized across the Services organization. Supported systems implementations for integration of legacy Perot Systems and Dell Services business. Traveled to Ireland and UK to train EMEA counterparts on system upgrades.

Streamlined US bank account structure, saving on bank fees and hours required for manual account transfers. Developed and implemented new approval workflow and matrix to standardize global payment processes. Harmonized and standardized Cash Management SOX controls, enabling the transition of controls and bank administration functions to centralized role. Reduced # of controls by 20% by eliminating redundant, non-key controls. Partnered with numerous departments on High Tax Repatriation Project, repatriating $840M tax-free from 15 entities, spanning 15 different jurisdictions. Lead implementation of Dell Funding strategy, including system implementation and accounting for securitization and accounting credit transactions. Created monthly OPEX packages for executive review. Acted as liaison between DFS, Dell Collections, and Liquidity teams to drive reduction in DSO.