André Siegert
Founder / Consultant / CFO / Business Intelligence
Experience
CEO
Cybo.Tech Advisory
Global Director of Hotel Finance and Accounting - Geneva HQ
Kempinski Hotels
Establishment of strategic financial vision and transformation roadmap for hotel group, leading 75 Hotel Controllers and Regional Finance executives, reporting to CFO. Routinely spearheading corporate innovation and change initiatives (culturally and technologically), leading to lasting change and increased efficiency.
- Establishment of Unique Portfolio Risk Assessment Template to minimize risk exposure.
- Creating standard Group Chart of Accounts (Compliance USALI 11th).
- Development Capital Expenditures Budgeting, Purchasing and Reporting Tool, allowing for further financial control, including cost reduction and profit maximization.
- Conceptualization of ERP system template for Dynamics NAV 2013 RT, leading to company-wide implementation and standardization of reporting.
- Conceptualization of Central Procurement system template for Fourth Adaco, leading to adaptation as 'Best Practice' and providing detailed analytical insight into departmental expenditure.
- Setup of real-time internal controls 'hub' providing insight into compliance alignment in relevant areas.
Financial Controller - Kempinski Hotel Das Tirol
Kempinski Hotels
Optimization of stakeholder relationships, renegotiating terms of management agreements setup of accounting department and development of internal procedures to streamline budgeting and forecasting, integrating an additional cash forecast. Additionally engaging in numerous Task Force assignments, adequately completing work in a timely manner.
- Led financial turnaround after a down year, increasing revenue by 120% and profit by 160%, regaining stakeholder trust in the organization.
- Conceptualized comprehensive financial and accounting strategy, including development of processes and system standards.
- Implemented 5-year plan with successful results, deviating by merely 3% after the first year, and 2% the second.
Assistant Financial Controller
Kempinski Hotels
Leading a team of 13 financial employees at Hotel Adlon, oversaw reconciliation of balance sheets and accounts. Facilitating internal processes, including month-end closing and reporting. Routinely created and implemented accounting department and internal processes at Duke's Palace. Analysis and reconciliation of Accounts Payable/Receivable and Balance Sheets, cleaning up company records during property sale preparation. Completed numerous Task Force assignments.
- Reconciled all books, including Accounts Payable, Accounts Receivable, and GL accounts, preparing for property sale and increasing trust to owning.
- Introduced and defined internal controls and processes, adding strategic touch points for critical interactions.
Accounts Payable Accountant - Hotel Adlon Berlin
Kempinski Hotels
- Initiated process and communication improvements throughout the Accounts Payable function.
- Oversaw accurate record keeping of the Accounts Payable ledger and aging.
- Structured and organized the Accounts Payable division, establishing communication with all vendors, improving relationships and interaction with the organization.
Jr. Accounts Payable Supervisor - Emirates Palace Abu Dhabi
Kempinski Hotels
Restructured Accounts Payable section and appropriate processes. Directed team of three, facilitating their training and development, in addition to supervising daily activities.
Summary
I am a creative innovator with almost 15 years' experience leading strategy and change initiatives in Finance and cross-departmentally. I am skilled at streamlining processes, managing projects and people from design to implementation.
Helping organizations to re-invent themselves in today's highly volatile technology- and data-driven environment with creativity, ideas and inspiration on digitalization initiatives, including stimulating cultural shift, end-to-end process- and dataflow and data quality improvements.
As a professional in the hospitality industry, I understand budget constraints can limit expenditure, nevertheless I am a convinced believer that it cannot limit the mind, rather challenges imagination and creativity. Being mindful about and embracing this nuance can make the difference and help organizations create the required competitive edge.
- Successfully spearheaded financial operations in an executive capacity at numerous individual hotels, in addition to directing comprehensive finance strategy at corporate global headquarters.
- Adept at applying innovative solutions to common issues within the industry, driving efficiency and contributing sustainable systems that can be duplicated across multiple locations.
- Demonstrated commitment to build and cultivate teams and employees, developing individual potential to create and mold future business leaders.
- Quickly able to learn new concepts and demonstrate practical application.
- Developed numerous technical proficiencies during my career, in addition to earning an Executive Master of Business Administration.
Languages
Education
University of Rochester - Simon Business School
Master of Business Administration (MBA) · Finance & Economics
Rochester-Bern Executive Programs
Executive Master of Business Administration (EMBA) · Scholarship
Certifications & licenses
Inspiring and Motivating Individuals
Meeting Investors' Goals by Université de Genève
Understanding Financial Markets by Université de Genève
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