Michael Faschang

Head of Treasury bei CompuGroup Medical

Munich, Bavaria, Germany

About

Experience

  • Vice President Finance, Head of Treasury at CompuGroup Medical SE & Co. KGaA
    Feb 2025 - Present · 1 yr 5 mos

  • Siemens Gamesa (7 yrs)
    • Head of Treasury Management Systems
      Oct 2020 - Jan 2025 · 4 yrs 4 mos

      Responsible for implementation and maintenance of the Treasury Management Systems and processes for Siemens Gamesa on a corporate level (post merger integration including Onshore, Offshore and Service business units). Implementation and roll-out of SAP4HANA for all corporate Treasury processes (Payments and Inhouse Banking via APM, Cash MGNT including Liquidity Forecast, Cashflow Forecast, Risk MGNT, Trade Finance, Debt & Investments,...) within S/4 HANA modules, including SAP Treasury and Risk Management, Inhouse Cash, APM, SAC Bank Account Management, BW and FI. Interfaces to various ancillary systems including Finavigate, TIS, Accounting Systems, 360T, Finastra & ADSTAR in order to establish a harmonized approach across the entire SGRE universe under the premise of further automatization, digitalization and process enhancements.

    • Senior FX Financial Risk Advisor
      Feb 2018 - Oct 2020 · 2 yrs 9 mos

      Responsible for implementation of FX risk management processes for Siemens Gamesa North Europe & Middle East region (post merger integration) for Onshore, Offshore and Service Projects by advising and implementing financial risk mitigation strategies that contribute to the SGRE value chain from strategic, financial and operational perspective. Supporting and advising the integration of Siemens and Gamesa Financial risk management strategy. PMO for the rollout and implementation of SAP4HANA as Treasury Management System for the entire SGRE Group including Exposure MGNT, Transaction MGNT, straight-through processing with Bloomberg, Finastra, 360T, Finavigate and TIS.

  • Finance Department Specialist at Stadtwerke München GmbH
    Apr 2015 - Jan 2018 · 2 yrs 10 mos

    various tasks in the Finance department of the largest Bavarian Energy producer including: - Set-up and implementation of the FX Management Strategy for the SWM Group - FX Hedging for Onshore and Offshore Windfarms in UK, SWE, NOR - Risk Management and accounting implications arising from those Windfarms - close interaction for Treasury topics arising from commodity hedging - selection of a new global custodian for SWM

  • Junior Treasury Manager at AMAG Austria Metall
    Oct 2011 - Feb 2015 · 3 yrs 5 mos

    Junior Treasury Manager in a publicly listed aluminium producing company with tasks including: - Project Lead implementation of Hanse Orga Finance Suite (SAP add-on) - Project Lead EMIR - various IT projects including Misys confirmation matching, Reuters market data import, EMIR in SAP - various Treasury Management related tasks covering FX and interest rate risk, Financing (bonded loan), IT implementation, Financial Modelling and Forecasting

  • Finance & Controlling intern at HOERBIGER
    Mar 2011 - Sep 2011 · 7 mos

    various Finance, Accounting and Controlling tasks including - roll out of a new IT system for Finance - fixed asset inventory and accounting - monthly reconciliation tasks in Controlling