Dijon, Bourgogne-Franche-Comté, France
In charge of Gerco integration of Gerco in Urgo Group (Commercial, Industrial & Financial) Managed the deployment of a new commercial organization Managed the reform of the factory flows Prepared the launch of Urgo products in Colombia
Key achievements: • Integrated LM Farma within Urgo Group (implementation of a 100-days plan) • Internalized accounting, improved quality of financial information (inventory valuation, product costing, fixed assets, etc.) implemented monthly closing, Group financial reporting and Operational KPIs • Implemented procedures and internal controls • Implemented analytical accounting and controlling (computation of COGS, implementation of Costs centers) • Optimized working capital • Optimized the tax structuring • Restructured the supply & purchase department (eradication of stock shortage, optimization of inventory level) • Stabilized a competent and harmonious team (Accounting, Tax, Controlling, Purchase, IT, SFE – 18 people) • Creation of a SFE department, implementation of commercial dashboard, definition of KPIs, monitoring of Reps performance, definition of bonus plan • Supported Latin America extension (opening of a subsidiary in Chile ; opening of a new flow in Colombia and Mexico, building Business Plans and recommendation on M&A Targets) • In charge of IT integration
• In charge of monthly reporting (financial and operational). Sales analysis and operational margin monitoring (perimeter of 75M€ sales) • In charge budget and the 5-year strategic plan and monitoring of monthly financial performance • Prepared operational and strategic recommendations • Member of the Executive Committee of Urgo Medical France & Export
• Manager of financial due diligence projects, providing expert advice on the financial affairs of an entity, mainly in the context of acquisitions. The corporate clients I have advised include France Telecom, Impress, Interseroh, Wolters-Kluwer, Experian, Valeo, LVMH, Arvin Meritor, British Telecom, Un Jour Ailleurs, Loxam. The private equity houses I have advised include Cinven, Montefiore Investment, HIG, 3i, Pamplona Capital, Astorg, Blackstone, Eurazeo. • The key managerial and technical skills I have displayed include: - Produced financial reports and made client presentations in a demanding English-speaking environment - Strong technical skills: analysis of profitability and cash generation drivers (income statement, cash-flow, balance sheet – historical and projected results); established ‘recurring’ profitability and adjusted net debt; determined an adjusted working capital and analysed its seasonality. - Built business plans and DCF models and performed sensitivity analyses - Assisted clients in the creation of pro-forma accounts in the event of a carve-out of operations - Assisted clients in the calculation of a price adjustment mechanism for a final bid.
• Led the fieldwork of external statutory audit projects for major French and international clients in French GAAP, IFRS and US GAAP. My clients included PSA Peugeot Citroën, Dana, Honeywell, Filtrauto, Ascential Software, Canmar. • Special projects conducted included projects on transition of French GAAP to IFRS and the implementation of Sarbanes-Oxley internal control legislation.