Renee C. Banks
Neptune,New Jersey
Overview
39
39
years of professional experience
1
1
Certification
Work History
Supervisor, Auditor
Building
- Mr
- Edward Hartman - Retired
- Pay Grade: GS-0511-12
- Hours per week: 40
- Served as, -In-Charge on two audits: PEO-IEW and Contract Termination
- Developed a database utilized by audit team to evaluate project cost and it avoidance of $765,000 to acquire new equipment
- Developed detail audit steps that identified over $500,000 in unsupported requirements and potential efficiencies in the operations of the program
- Drafted two audit reports and coordinated audit efforts with DODIG
- Supervised three subordinates and provided training, continuous feedback and job appraisals
- As Lead Auditor on Hazard Materials in Weapon systems and Chemical Stockpile, evaluated and wrote supplemental audit steps resulting in identifying a $450,000 understated overhead cost estimate
- Was instrumental in command getting visibility and funding from DA to support a $3 million unfunded requirement to eliminate hazardous materials
- On three CFO audits, Cash Flow Statements, AMC Financial Operations and Wholesale equipment, developed audit objectives and established corresponding sub-objectives
- Wrote cycle memorandums defining the cash disbursements, RDT&E budget execution and contracting processes
- Developed detail audit guides that resulted in a $3.2 million adjustment and balances overstated by $19 million
- Supervised two trainees and provided on-the-job training
- Conducted an Audit of Management of Facilities at BRAC sites and wrote a survey and audit program to evaluate the management of repair, maintenance and construction projects that resulted in a $31 million cost saving in construction costs by using existing facilities
- Wrote two findings that identified internal controls weaknesses in the cash disbursements and contracting process
- On a developmental assignment, worked as a budget analyst in the Comptroller Office of the Army National Guard Bureau
- Was responsible for the FY97 Operation & Maintenance (OMNG) President’s Budget Submission
- Compiled statistical data and formulated justifications in support of budget requirements
- Identified and evaluated potential problems areas in the program and recommended in detail how to solve the problems or adjustments
- Prepared overviews and exhibits used by senior officials scheduled to appear before Congress, OSD and HQDA
- Coordinated with ARNG personnel, OSD, OMB, HQDA and Congressional staff to defend the OMNG budget
- Also, participated in the Women’s Executive Leadership Program
- Worked on the Agency Process Action Team (PAT) for reengineering the audit report process, which lead to reducing the report writing time
- Served as a facilitator on the field office PAT for Workpaper Reviews
- The PAT team work resulted in a revised Workpaper review sheet.
Supervisor
Building, Aberdeen Blvd
01.2001
- Mr
- Jayesh Parmar – (410) 278-5910; Contact: Yes
- Pay Grade: GS-0511-13
- Hours per week: 40
- Duties: Served as audit supervisor on a variety of supply, logistics, maintenance, and Army Working Capital Fund (AWCF) audits
- As first-line supervisor, Planned and executed 13 audit plans; 6 executed ahead of schedule
- Established and redefined audit objectives
- Prepared comprehensive audit programs, conducted audit work to answer objectives, communicated with clients at levels as high as Brigadier General and Senior Executive Service
- Published 12 audit reports without the Audit Manager making significant changes that materially affected the content of the report
- Assigned workload to staff based on priorities and experiences
- Adjusted programs as needed and developed briefing materials that addressed audit results
- Provided technical advice and training to 14 employees and recommended awards for deserving employees
- Served as an Mentor in the Agency mentorship program
- As a result of my efforts, I realized significant benefits for the Army
- For three audits, I identified over $7 million in monetary benefits by having the Army redistribute or turn-in excess equipment
- Made key recommendations to improve the depot’s inventory management, and validation of Army workload requirements
- Received 6 exceptional performance awards during this period.
Audit Supervisor/Senior Auditor
US Army Audit Agency
08.2003 - Current
Supervisor
Building
01.2003 - 05.2009
- Mr
- Thomas Robertson – (703) 681-9595; Contact: Yes
- Pay Grade: GS-0511-13
- Hours per week: 40
- Duties: Served as Auditor-in-Charge on the Logistics Modernization Program (LMP) consulting engagement
- Supported system development for Financial, Acquisition and Distribution business area; kept abreast of system development; worked closely with contractors and government subject matter experts to understand the business processes being developed
- Attended day-to-day planning and decision making meetings
- Actively participated in drafting test plans for the first and second deployments
- Represented Army Audit Agency at high level meetings with Army leadership; attended the Operational Board of Directors meeting chaired by the Commanding General of the US Army Materiel Command and at the LMP Data Migration Workshop, focusing on financial data, chaired by two SES’s within the Deputy Chief of Staff G8’s office
- Interpreted a vast number of reports and regulations to develop methodology used for configurations of finance, logistics and acquisition integrity and data
- Evaluated process used to test financial transactions with “live” or real data
- Utilized my knowledge of SAP and Army budgeting finance to evaluate the process used to test financial transactions with “live” or real data; and resolve conflicts, from the validation process/policy established for Systems Integration Testing in LMP
- Visited a first deployment site to evaluate the quality of customer support provided by the contractor; reviewed the contractors customer support procedures; interviewed users; learned about problems users encountered as they used LMP; determined adequacy response time on problem tickets; attended daily “wrap up” meetings with contractor and government personnel to keep abreast of commonly identified user problems and planned resolutions
- Issued four information papers
- Supervised and appraised 7 auditors
- Received 3 performance awards during this period., Mr
- Edward Hartman - Retired
- Pay Grade: GS-0511-7, 11
- Hours per week: 40
- Served as an auditor on the audits of Army Warranty Program and Dormant Wholesale Stock
- Gathered audit data and prepared audit working papers and reports
- Performed detailed analysis of information gathered and formed supportable conclusions
- Researched regulations and policies to determine high-risk areas needing audit or review
- As a GS-11 auditor, served as lead auditor on audits of Contract Depot Maintenance, Tempest Protection Program and BRAC 91
- Developed and executed audit programs to accomplish the objectives of my assigned area
- Worked independently to thoroughly review maintenance expenditure limits, barracks and program requirements
- Performed detailed analysis to determine that command had a $1.3 million deficiency in maintenance limits, cost savings of $2 million in unsupported Tempest requirements and overstated BRAC billet space requirements by 3,000 soldiers
- Received Nomination for Agency Northeastern Region GS-11 of the Year., Mr
- John Soper - Retired
- Pay Grade, Hours per week: 40
- Responsible for the timely commitment and obligation of PA2R funds by monitoring budget lines for OPA2 requirements
- Reviewed, funded, processed and amended PWDs
- Handled emergency funding actions and tracked MIPR and War Reserve buys
- Maintained accurate and detailed records for all funding actions
- On a daily basis, compiled the Unobligated Balance Summary Report and Obligations Report
- Acted as a liaison within Procurement, Finance and Accounting and the Directorate of Materiel Management to resolve problems
- Evaluated and ensured the Army Stock Fund (ASF) Budget Execution maintained the highest obligation rate by ensuring that the overall operational availability for the command was maintained
- Of the over 9000 PWDs written yearly, I was responsible for over 40% which was worth $415 million
- Developed milestones and numerous data bases used to track and monitor the ASF program
- Through my initiative, an automated database containing all pertinent budget execution data was created
- This database was used as a management tool for reports and forecast (i.e
- Command Briefings, Division RAs, Acquisition Reviews, Pipeline Triangle Meetings.)
- Reviewed, analyzed and evaluated data representing worldwide ASF inventories, issues, backorders, purchases and returns
- Analyzed the relationship in each account to ensure charges are allocated to proper accounts, determined trends in actions reported where discrepancies or deviations from regulations and procedures exist.
Audit Supervisor
US Army Audit Agency
07.2000 - 08.2003
Lead Auditor
US Army Audit Agency
05.1992 - 07.2000
Auditor
US Army Audit Agency
04.1989 - 05.1992
Supply Systems Analyst
US Army CECOM
03.1985 - 04.1989
Education
Master of Science (MSA) - General Administration
Central Michigan University
2004
Bachelor of Science (BS) - Business Administration
Miles College
Birmingham, AL1984
High School Diploma - undefined
Neptune Senior High School
Neptune, NJ1978
Skills
- Accounting Procedures Validation
- Accounting Records Analysis
- Business Operations and Forecasting
- Taxpayer Account Audits
- Results Orientation
Accomplishments
- Effective Audit Supervision 8/2010, Mentorship 6/2010, Fiscal Law 12/2009, Forensic Accounting 12/2009, Defense Financial Management Course 6/2008, Data Analysis 2/2007, Acquisition Logistics 9/2006, System Acquisition Management 12/2004, Advanced Communications 9/2004, Force Integration 9/2004, PPBES 9/2003, Audit Supervisor School 4/2002, Leadership Development 6/2001, Enterprise Resource Planning 12/2000, Audit Leadership 6/1999, Acquisition Fraud 12/1997, ASMC Professional Development Seminar 3/1997, Women’s Executive Leadership Program 7/1995, TQM Facilitator Training 11/1993, Supply Management Training 11/1985.
Certification
Certified Government Financial Manager, 08/1996
Renee’ C. Banks
Page 1 of 5
Additional Information
- AWARDS , Performance Award (2010) Performance bonus under NSPS (2008 and 2009) 11 Exceptional Performance Awards (3/1989 through 12/2006) Time-Off Award, 1994 Recipient of the Auditor General Award, 1992 3 Letters of Commendation (5/1991 through 6/1993) Letter of Appreciation 10/1990 3 Special Act Awards (8/1986 through 12/1988)
Timeline
Audit Supervisor/Senior Auditor
US Army Audit Agency
08.2003 - Current
Supervisor
Building
01.2003 - 05.2009
Supervisor
Building, Aberdeen Blvd
01.2001
Audit Supervisor
US Army Audit Agency
07.2000 - 08.2003
Lead Auditor
US Army Audit Agency
05.1992 - 07.2000
Auditor
US Army Audit Agency
04.1989 - 05.1992
Supply Systems Analyst
US Army CECOM
03.1985 - 04.1989
Supervisor, Auditor
Building
Master of Science (MSA) - General Administration
Central Michigan University
Bachelor of Science (BS) - Business Administration
Miles College
High School Diploma - undefined
Neptune Senior High School
Certified Government Financial Manager, 08/1996
Renee’ C. Banks
Page 1 of 5
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