Joane Walker, CPA

  • Lenexa KS

Strategic Operational Leadership • Problem Solving • Change Management • Highest Integrity Mergers & Acquisitions Experience Strong Negotiating • Relationship Building • Persistence

Work History

Work History
2013 - Present

Consultant

State Street Bank

Provides guidance on accounting rules related to acquisition transactions, derivatives use, inventory methods and control, lease issues, Sarbanes-Oxley (SOX) processes, asset valuation methods and other issues.

►Versed in both Accounting Rules & Guidance, as well as, Government Regulations,                        including SEC, IRS and other types of Government reporting.

►Currently, monitoring the Dodd-Frank regulations which are being developed.

►Able to institute processes and controls to enable efficient and effective accounting                    reporting.

2012 - 2013

Sabbatical

Administrated family's estate and set up Trust management/administration.

2006 - 2011

Vice President/Chief Accounting Officer

Delek US, Inc.

Responsible for building a SOX compliant accounting department from scratch for NYSE registration, who personally authored company's initial SEC reports. Provided senior leadership with required reporting and performed external audit process, tax filing, and the planning/budget process.

►Prevented a $140M drop in valuation during two quarters, preventing disastrous stock              outcomes.
►Uncovered over $1M in annual vendor over-payments claiming refunds.
►Found $248K in fraudulent purchases, by establishing stronger automatic controls in                  Operating Costs.
►Established site leasing policies, reducing $1M of cost in the first year.
►Slashed $600K in tax preparation costs by internally generating tax credit support.
►Oversaw several Federal Income Tax audits.
►Developed audit evidence of a complex acquisition, preventing a $70M cost write-off.
►Secured a positive SEC pre-clearance ruling critical for maintaining NYSE compliance.
►Expedited company's tax filing process by 3-1/2 months, recovering $40M case from NOL        carry-backs and avoiding bankruptcy.
►Managed a staff of approximately 50 employees.

2001 - 2006

Director/Financial Report & Policies

Sprint Corporation

Hired to restructure and turnaround accounting & financial operations, as part of a new financial management team brought in to return TWA to profitability.

►Led a staff of 100 people, performing many CFO functions.
►Authored and released a company earnings report by January 31st, a feat never before            accomplished in company's history.
►Created & implemented an accounting re-engineering plan that saved company $100K          annually.
►Sponsored and led Y2K efforts regarding financial systems.
►FASB committee member.

1998 - 2001

Assistant Controller

Trans World Airlines

Hired to restructure and turnaround accounting & financial operations, as part of a new financial management team brought in to return TWA to profitability.

►Led a staff of 100 people, performing many CFO functions.
►Authored and released a company earnings report by January 31st, a feat never before            accomplished in company's history.
►Created & implemented an accounting re-engineering plan that saved company $100K          annually.
►Sponsored and led Y2K efforts regarding financial systems.
►FASB committee member.

1993 - 1998

Director - Acctg Policy / Group Controller - Corporate Group

Koch Industries

Led the consolidated reporting and the systems used by more than 300 reporting entities. Also, provided technical analysis and education for the 850 accounting employees through analysis of business transactions and education of emerging issues (specifically, derivatives and special purpose entities).

►Supervised an accounting staff of 40.
►Personally negotiated two IT systems, shaving $500K off a $1.5M implementation contract.
►Structured $70M-$1B transactions to maintain company's credit rating.
►Committee member to the FASB, regarding rules setting process.
►Became the trusted advisor to C-Level Leadership.

1991 - 1993

Corporate Controller

RTO, Inc.

Hired as part of turnaround team to provide stability and to standardize accounting roles across different areas of the company.

►By stabilizing inventory and cash flow management, boosted sales by 27%, returning company to profitability.

1985 - 1986

Corporate Controller

XL Datacomp

Managed accounting and reporting functions, audit processes and tax compliance.

►During tenure,oversaw accounting for company growing from 9.8M to $45.5M in assets.
►Managed a staff of 20 employees.

1977 - 1984

Senior Accountant

KPMG and Ernst & Young

Provided audit assistance and tax compliance work, managing audit teams of up to 3 auditors.

►Promoted to Senior Accountant within the first year of employment.

Education

Education

B.B.A. in Accounting, cum laude

Wichita State University