Stuttgart Region
Finance, Accounting, Controlling & IT in Production Industries: - Chemistry: Advanced Intermediates, Coatings & Additives, Consumer Specialties, Health & Nutrition, Inorganic Materials, Performance Polymers - Pharma & Animal Health - Software: Licenses, Maintenance, Consulting and Training Services - Aerospace & Defense Logistics: Express, Mail, Parcels, Contract Logistics IAS/IFRS Accounting, Controlling, Reporting & Forecasting - IAS 11 Percentage of Completion - IAS 21 Foreign Currency Translation - IAS 39 Financial Instruments - IFRS 7 Financial Instruments - Disclosures - IFRS 13 Fair Value Measurement - IAS 19 Employee Benefits - IFRS 9 - IFRS 15 Revenue recognition - IFRS 16 Leasing Local GAAP - German HGB - France - Russian GAAP - Ukraine Risk Management & Controlling: FX, IR, Commodities, Counterparties Administration and General Management Internal Control System IT, in particular Relational Databases (Oracle, MS SQL Server, Sybase) SAP proficiency in the following modules: - FI Financial Accounting - CO Controlling - SD Sales & Distribution - MM Material Management - PS Project System - IM Investment Management - PP Production Planning - PM Plant Maintenance - HR Human Resources - IHC Inhouse Cash
9 legal entities All Accounting, Controlling, Treasury, Tax, Reporting, Audit and Data Analysis matter Accounting: - local German GAAP (HGB) Financial Statements B/S, P&L, Cashflow - Monthly Closing and preparation of Reporting Package - Quarterly Forecasts - Annual Year End Closing Controlling of - Sales - Production, Percentage-of-Completion (POC) based recognition on B/S and P&L - HR - IT Controlling - Cost Centers, Profit Centers - Financial Planning & Analysis: Budget, Forecast, Plan-Actual variance analysis ERP Systems: - besides SAP also Diamant, PDS, DATEV Business Process Definition, Optimization and Control - Purchase-to-Pay - Order-to-Cash - Record-to-Report Reporting to - Corporate Center in Viseu/Portugal - German Tax authorities - Group and Country Financial Auditors
all Financial aspects of Relationship to Customers, Vendors, Banks and People Accounting - Daily Journal Entries - Belgian, French and German GAAP (HGB) - Closing the books - Monthly, Quarterly, Yearly. Accruals, Provisions, Reserves - Asset Accounting - Financial Audits - Audits required by Customers from Pharmaceutical and Chemical Industries Controlling - Production Controlling of SAP Process Orders - Product Costing in SAP and MS Excel - Estimate and predict Consumption of Raw materials, Solvents and Catalysts - Estimate and predict Absorption of Fixed Costs (People, Machines, Other Fixed Assets) - Sales Controlling - HR Controlling - Financial Controlling - Integrate Sales Plan - Production Plan - Material Requirements Plan - Purchase Plan - HR Plan - CAPEX Plan Prediction on 3 levels - Forecasting next 3-9 months - Budgeting next year - Long Range Planning several years Treasury - Bank Relationships - Bank accounts, Credit lines - Cashpool - Deposits/Loans - FX Hedging - Commodity Hedging everything on SAP S/4 HANA
Head of the Finance Business Process Center = Financial Shared Service Center responsible for Process & System Integration, Documentation, Controls, Reporting, FP&A Support Managing 4 teams, following functions • 1. Process and SAP Support for Global US-GAAP and Local Accounting: General Ledger Accounts Payables Accounts Receivables Month/Quarter/Year End Closing Bank Accounting Payments and Account Statements relevant SOX controls. Fluxes. • 2. Process and SAP Support for Global Controlling: Cost Accounting: Cost Center Hierachy, Allocations and Assessments Product Costing: CK40N Costing Runs US-GAAP and Statutory, numerous consistency checks of Stock, BOMs and Routing, Do-Not-Cost indicator etc. Budgeting in MS Excel, Data Warehouse and SAP ECC GR/IR Reconcile - interaction with Source-To-Pay process Material Valuation Intercompany Service Billing Miscellaneous Invoice Billing Goods in Transit relevant SOX controls. Fluxes. • 3. Process and SAP Support for Indirect Tax: VAT Withholding Tax US Sales and Use Tax, e-Invoicing and Reporting in Hungary, Italy, Mexico, Spain, Turkey using Sovos/Foriba tools EU Intrastat Reporting Thomson Reuters OneSource Indirect Tax Determination (Sabrix) Indirect Tax Compliance (Athena) Diverza for Purchase in Mexico Rebate Management Consignment Sales. • 4. Management Reporting Forecasting and Planning in Business Warehouse and Data Warehouse • My (direct and indirect) Reports are in Shanghai, Singapore, Eschborn, Rheinmünster, Berwyn/Wayne (close to Philadelphia) PA, Midland MI
• Supporting the Managing Directors of Trinseo Anlagengesellschaft mbH and Trinseo Deutschland GmbH in all Interaction with the Shared Service Center Zürich until Mid of 2021, Global Business Services Center Dublin since then • Establishing, Developing and Training the Shared Service Center Dublin in all of the following • Procurement Organization: Purchase Requisitions, Purchase Orders, Invoices, Payments, Tax topics, Direct communication with the Vendors in various languages • Sales Organisation: Revenue recognition, Billing, Credit Management, Cash collection • HR: Payroll, vacation, public holidays, communication with Workers Council and Authorities, German law HR implications • Reporting to municipal, regional and government authorities: Tax offices in Germany and abroad, Statistische Landesämter Sachsen-Anhalt, Sachsen und Baden-Württemberg, Bundesbehörden • Tax audits • Fixed Assets • EH&S (Environment, Health & Safety) Reporting • Master data harmonization: Vendors, Customers, Employees • SOX controls • Personnel selection Global Finance Process Owner on the worldwide S/4 HANA Project, Main Contact person towards System integrator Accenture
Member of the Center of Excellence in Evonik Global Financial Services with focus on: - Accounts Receivables - Accounts Payables - General Ledger - Closing the Books: Month End, Quarter End, Year End - External and Internal Audit - Profit Center Accounting - Cost Accounting - Support of the Legal Entities Finance, Controlling & Administration functions in the Americas and Asia Business Support of Corporate Functions: - Corporate Finance: with emphasis on Treasury Accounting, P&L and Liquidity Forecasting - Corporate Accounting: with emphasis on IAS 21, IFRS 7, IFRS 9, IFRS 13, IFRS 15 and IFRS 16 - Corporate Tax: with emphasis on Withholding Tax on Cashpools and IC Loans, as well Special Chinese Taxes - Corporate Controlling: with emphasis on P&L and Liquidity Forecasting 2018: IFRS 16 Leasing - implementation project 2018 January: go-live of IFRS 9 2017 October-January: Data Migration from legacy Treasury Management System PMS to new SAP TR system and SAP InhouseCash (Inhouse Bank)
Executive Vice President Risk Management & Controlling of following risks: FX, IR, Counterparty Credit, Liquidity, Commodity prices - FX Exposure Planning, Collection of Planned Exposure and Determination of Booked Exposure - Hedging Strategies - Net Financial Status, Liquidity Planning - Responsible for group Financial P&L and B/S: planning, forecasting, controlling, reporting Supporting/coaching/helping the Shared Service Centers Accounting in Offenbach and Marl with the functions - Accounts Receivable - Accounts Payable - Current Accounts - General Ledger - Month End Closing Controlling of Asset Management of Assets covering Pension Liabilities 2017 SAP TR implementation project with SAP and PwC IFRS 9 implementation project 2016-17 IFRS 15 Revenue recognition - implementation project 2013 IFRS 13 Fair Value Measurement - implementation project 2012 and following Year End Closings: responsibility of all reporting requirements due to IFRS 7 Financial Instruments - Disclosures 2012-13 Internal Support of Going Public of Evonik Industries AG to Frankfurt and Luxembourg stock exchange. Answering questions from the Investment Banks. 2011-12 After an Internal Audit, bringing the Treasury Management System (PMS) to a satisfactory level to support Cash Management, Cashpooling, Treasury & Risk Management and Treasury Accounting according to IAS 21 Foreign Currency Translation and IAS 39 Financial Instruments.