Paul Steffen

Global FP&A / Business Finance / Data & Analytics

Wake Forest, North Carolina, United States

About

Results-driven influencer leading change across the financial and data ecosystem. Proven record leading cross-functional teams, improving operational processes, and increasing sales through data-driven planning and decision making. Take pride in notable interpersonal communication skills and relationship building fostering motivated results across our teams.

Experience

  • Merz Aesthetics (Raleigh-Durham-Chapel Hill Area)
    • Executive Director, FP&A
      Oct 2023 - Present · 2 yrs 9 mos

    • Senior Director, FP&A
      Nov 2019 - Oct 2023 · 4 yrs

  • Associate Director FP&A at Merz Pharmaceuticals
    Sep 2019 - Nov 2019 · 3 mos

  • Red Hat (8 yrs)
    • Director, Enterprise Data & Analytics Solution Delivery
      Jun 2018 - Jul 2019 · 1 yr 2 mos

      • Enterprise-wide self-service analytic capabilities via Tableau to all departments and business units; over 450 developers and 2,500 business partners in first 6-months • Developed operating model for analytics deployment, including unified database layer roadmap, security model, data management / visualization best practices and scalable support model • Enterprise Data Certification process elevating trust in data-driven insights across the Red Hat enterprise • Led Tableau user community aligning self-service analytic needs and governed principles for scalability of platform • Built scalable processes enabling business intelligence and actionable insights for all business units across enterprise • Deployed data visualization techniques providing connected analytics shared across broad, global analyst communities • Consolidated Project Managers, Scrum Masters, & Business Analysts driving standardization and process excellence

    • Director, Global FP&A & Business Finance & Financial Systems
      Dec 2016 - May 2018 · 1 yr 6 mos

      • Responsible for the implementation, health and well-being of Red Hat’s Enterprise Performance Management business processes and technologies used in support • Designed / implemented revenue and expense forecasting / planning capabilities with Oracle Hyperion product suite • Evolved the role of Finance from transactional reporting to business partners helping drive growth and profitability • Transformed planning and reporting models to constant planning FX rate vs inconsistent, monthly changing FX rates • Defined and standardized chart of accounts eliminating disparate data assumptions and duplicative processes • Automated financial & operational reporting capabilities measuring business outcomes leading to actionable insights • Created and led the Finance Data Governance Council fostering culture of governance across the financial data domain • Managed portfolio of programs/projects for the Finance organization aligned to enterprise strategic objectives • Modified planning business model and systems for compensation moving from semi-monthly to bi-weekly pay distribution schedules

    • Senior Finance Manager - Global FP&A and Business Finance
      Dec 2013 - Nov 2016 · 3 yrs

      • Designed / Deployed sales performance and marketing performance capabilities with Anaplan and Allocadia software • Financial support for new product development, market penetration strategies, and customer support initiatives • Multi-year program to design & improve planning capabilities & data automation resulting in 50% reduction in forecasting process & 75% reduction in days for reporting • Led initiative for integrated performance data and reporting [connected planning], empowering budget owners with automated performance management capabilities • Six-month program launching real-time reporting capabilities vs 24-hr snapshot to 400 financial analysts & accountants

  • Reichhold, Inc (7 yrs)
    • Global Finance Manager - FP&A and Commercial Finance
      Aug 2004 - Jul 2011 · 7 yrs

      * Manage global budgeting and financial planning process for entire organization – over $1Billion sales * Implemented and Oversee Rolling Monthly/Quarterly Sales forecasting process for Demand planning * Build Capital Investment financial models with profitability/payback scenarios for “go/no-go” decisions * Develop detailed Quarterly Forecasted Financial Statements for Company Stakeholders * Created Rolling Five-year Financial Planning Model provided to Lending Institutions and Stakeholders * Develop & Present executive level financial reports for forecasting, trending, and results analysis * Established and Oversee Global financial report consolidation process through Hyperion system * Develop customer and product profitability analysis and reporting * Review costs and perform cost benefit analysis related to projects and related business decisions

    • Financial Analyst
      Aug 2004 - May 2007 · 2 yrs 10 mos

  • Financial Analyst at Keuhne-Nagel
    Oct 2000 - Aug 2004 · 3 yrs 11 mos

    Managed all accounting and reporting functions for four locations as a contractor for Nortel Networks Supervising duties included budget planning, forecasting, variance analysis, month-end closings, journal entries, quarterly G/L account reconciliations, and analyzing and tracking all ledger accounts Analyzed financial data and provided ad-hoc managerial reports to upper management and executive team Designed and implemented a Productivity Control process for line productivity and cost management Used MS Access to design and implement a customer invoice database to provide specific cost analysis and profitability reports to the organization