Klaus Schmitt
IT Project Manager and Senior Consultant
Experience
IT Project Manager and Senior Consultant
Health Insurance Provider
- Digitizing business processes and harmonizing/modernizing the IT landscape while meeting regulatory requirements
- Analyzing existing business processes and creating specs to describe the digital transformation
- Working across disciplines with IT coordination and business units
- Designing a forward-looking solution to automate manual product processes (AI support, extending digital contracting and product handling, e.g. for additional services)
IT Project Manager and Senior Consultant
Halle City Administration
- Revising the ERP landscape and updating the municipal tax processing system, SAP S/4HANA in the city clinics
- Leading and supporting the program from initiation to implementation, including communication, organization and project management
- Preparing to replace the municipal tax processing software KommunalMaster Taxes and Fees with KommunalMaster Assessment, focusing on municipal taxes: dog tax, second home tax, property tax and trade tax
- Defining tax processes, creating tax assessment forms, setting up tax mapping tables, etc.
- Establishing the project organization, implementing project planning and budgeting; organizing and conducting workshops to determine tax requirements in the specified areas; supporting the interface between business units and IT
IT Project Manager
AT&S
- Project management for IT security and sustainability reporting
- Developing and implementing sustainability reporting according to CSRD/ESRS (environment - resource use/circular economy; water; climate change, etc. // social - own employees; employees in the value chain; consumers and end users, etc. // governance - business conduct/corporate governance...)
- Leading IT security projects, automating the handling of security incidents and security service requests based on ServiceNow
- Updating the IT security architecture (core firewall, production firewall, etc.) as part of modernizing the company-wide network security technology
- Planning and conducting recovery and BCM tests
- Implementing a Zero Trust policy, developing and introducing an ISMS according to ISO 27001
- Creating and implementing a structured invoice format to establish an e-invoicing process
Senior IT Security Consultant
Telefonica
- IT security and data protection consulting
- Analyzing and coordinating requirements in IT security and data protection
- Ensuring understanding and implementation of these requirements at the process and application level through content consulting and support
- Mapping requirements in Jira via epics, features, business user stories, user stories and acceptance criteria; structuring, defining and introducing an ISMS according to ISO 27001
- Developing an e-invoice format, defining and implementing an electronic invoicing process for mass market (private customers) and business clients
- Test management, planning and conducting recovery and BCM tests
- Implementing real-time payments for prepaid products via SMS, email and ePayment services
Requirements Management Consultant
Bauhaus
- Setting up requirements management
- Analyzing and evaluating requirements for internal and external feasibility, cost and time frame
- Selecting applications from vendors, analyzing impacts and interactions with other projects and programs
- Creating requirements and specifications documents (functional and technical specifications)
- Establishing an overarching requirements process
- Integrating regulatory requirement checks (IT security, data protection) during project initiation
- Process optimization and standardization, e.g. order to cash (O2C)
- Coordinating with business units on decision-making, planning, implementation and support during execution
- Implementing an agile project approach according to Scrum
Project Manager
Münchner Hypothekenbank
- Implementation of GDPR deletion
- Definition of the project scope
- Creation of a project charter
- Set up project organization, project planning, etc.
- Definition of relevant data types and procedural/system identification
- Analysis of processes and systems that process personal data and consolidation into a processing directory
- Creating a deletion concept according to DIN 66398 (deletion periods, general deletion rules, data types, aggregation into deletion classes, protection requirements, deletion rules by data type, implementation rules, responsibilities, data protection documentation)
- Identifying systemic dependencies to avoid redundancies
- Collecting all deletion periods (HBG, labor law, GDPR, tax law, etc.)
- Conducting a balancing of interests for deletion versus business interests
- Defining general and specific deletion processes (relevance for commercial law, labor law, etc.)
- Implementing general and specific/systemic deletion processes, e.g., for SAP FI/CO, SAP CML, etc., considering systemic dependencies
- Implementing SAP ILM for statistical processing with a monthly production copy
- Building and implementing risk management and systemic risk monitoring
- Preparing and coordinating the planned deletion processes with the Bavarian State Data Protection Officer in Ansbach
Project Manager and Business Analyst (part-time)
Mobiliar Bern
- Implementing GDPR for GA Vaduz and eDSG for Mobiliar Switzerland; preparing the introduction of IFRS 17
- Creating a technical concept for implementing the new data protection requirements (objectives, DPO tasks, affected IT systems, interfaces to consider, processes, etc.)
- Preparing the insurance contract portfolio for IFRS requirements: classifying contracts as onerous at initial recognition, potentially non-onerous contracts, and other insurance contracts
- Measurement of insurance contracts using fulfillment cash flows plus the contractual service margin
- Establishing an ISMS according to ISO 27001
- Kanban methodology (backlog, to-do, in progress, done), following the Hermes framework
- Deriving free cash flow estimates of future payment streams, including time value adjustments considering financial and non-financial risks
Project Manager (part-time)
Kantonalbank Bern
- Upgrading a personnel system/implementing Risk Master
- Setting up reports according to FIDLEG (MiFID II) on execution reasons and details of executing dealers for completed financial transactions to FINMA (Swiss Financial Market Supervisory Authority)
- Creating product flyers for customer information on total costs of an investment product, impact on returns per product, etc.
- Project documentation (project reporting, project controlling, budget requests, cost control, etc.); supporting and coordinating business analysts for the system upgrade to Abacus 2017/easyHR 7.0
- Developing and implementing a model for real estate price risk assessment; deriving the value at risk of asset positions using a normal distribution (variance-covariance approach)
- Implementing Risk Master: project reporting, budget management, preparing and conducting stress tests, defining stress test data and validation, etc.
- Establishing and implementing an ISMS according to ISO 27001
- Developing a communication model, including a communication plan
- Adapting the business continuity management (BCM) to the requirements of risk management (monitoring, data backup/disaster recovery, IAM, etc.)
- Setting up a reporting matrix for revenue and cost situations of environmentally oriented projects
- Process optimization of O2C, etc.; Kanban; setting up and conducting tests (recovery, BCM, etc.)
- Establishing a functional specification for legal reporting in FiRe and preparing the rebuild of the IT landscape (implementation of SAP S/4HANA, FiRe, and upgrade of the core banking system IBIS)
- Developing and implementing liquidity reports like NSFR and LCR, analyzing requirements, and creating functional specifications and requirement specs
- Digitizing personnel management with AxonIvy in integration with Abacus, upgrading to the latest versions, integrating into a Windows Server environment, and connecting to the IBIS 3G core banking system
- Creating process documentation according to Swiss Code of Obligations and developing software to automate payment transactions using QR codes
Consultant
Miles & More GmbH
- Building an internal control system based on COBIT
- Analyzing current ICS-relevant issues, defining the methodology, creating checklists for key areas, and developing and implementing a risk-control matrix
- Focus: data protection, document management via DMS, liquidity planning and management, bank authorization and payment transactions, IT compliance, risk management ISO/IEC 27001
- Establishing an electronic invoicing process for sold items in the MMG webshop
- Supporting and implementing ICS requirements during the introduction of ERP Navision
- Developing and implementing an ISMS based on ISO 27001; defining and executing tests with Kanban and waterfall methodologies
- Conducting ICS audits according to COBIT; setting up and implementing service level agreements
- Establishing process documentation according to §§ 238 HGB, 91 ff. AktG, etc., to prove compliance with GoBD
- Internal cost allocation (IT services, invoice processing, invoicing for chargebacks domestically and abroad); establishing the corresponding processes in SAP FI/CO
- Valuation of leases (IFRS 16), impairment test processes, fair value approach according to IFRS 13, company valuation calculation (DCF)
- Establishing business continuity management, defining the BCM process, setting up a disaster recovery process, conducting end-to-end tests and audits
Consultant
FFH (Fernfachhochschule)
- Creating distance learning materials
- Preparing and introducing study guides in IT management, project management, business administration/economics, etc.
- Preparing and conducting tutorials/exercises in financial accounting, controlling, financial reporting, IT management, project management, and process management
Senior Consultant
Migros Genossenschaftsverbund
- Optimization of the e-workflow management system for incoming and outgoing accounts payable invoices
- Evaluation, analysis, definition and implementation of a new electronic workflow system for incoming and outgoing invoices
- Review of all relevant business processes and translation into the application architecture, responsible for the corresponding documentation standards
- Financial Performance (calculation of gross margin, operating profit, etc.), definition and implementation of FPI
- Establishment of a DMS for document management, tagging and archiving
- Execution of customer mailings and mapping of IAM
Senior Consultant
Johnson & Johnson
- Execution of a retrospective system validation on behalf of the FDA
- Setting up test cases in HPQC (system tests according to V-Model) as the basis for CSV (Computer System Validation) of SAP implementations (ECC 6.0 SD, MM, etc.)
- Capturing business processes based on BPML, mapping business requirements and differentiating test protocols
- Transformation from CMO (Current Mode of Operation) to FMO (Future Mode of Operation)
- Creating the complete application architecture (SAP SD, MM, WM)
- Validation according to ISO 13485, 9001, business process modeling with ARIS
- Gathering, documenting and implementing business processes in medical technology and clinical operations, including SAP S/4HANA implementation
Project Manager
FMSW Wertmanagement
- Set up a Middle Office as a central center of competence for finance and accounting processes, validation and data capture rules, posting methods under HGB and IFRS
- Definition and implementation of booking input data rules to standardize transaction recording
- Preparation of profitability calculations for existing real estate funds
- Definition and implementation of processes in SAP CML and Summit (bonds and derivatives)
- Implementation of IFRS 9 Phase 1 (classification of financial instruments) and preparation for Phase 2 (expected loss model)
- Introduction of SOX standards, reporting, process planning, cost planning, cost control
- Development and implementation of an activity-based cost allocation model
- Ensuring compliance with FATCA requirements, considering AML/KYC and US sanctions
- EMIR (clearing of standard derivatives trades, reporting to trade repository), investments (risk assessment)
- Business process modeling with MS Visio, implementation of SAP CML and Summit on VDI platform, SQL
Senior Consultant
Zurich Versicherung
- Establishment of a fixed assets register on a global basis according to IAS 38
- Definition and implementation of capitalization and amortization processes to harmonize controlling and accounting reporting
- Recording and accounting handling of in-house IT developments (WIP/assets under construction), forecasting according to POC
- Adjustment of operational risk processes to the requirements of the internal control framework (SOX, etc.)
- Project approach according to ITIL, internal cost allocation in SAP FI/CO
- EMIR (clearing of standard derivatives), investments (risk assessment), participation management
- Financial statements according to Swiss GAAP FER, US GAAP/IFRS (especially IFRS 4 insurance contracts)
- Establishment and implementation of cost type/cost center accounting, product/customer profitability accounting
- Analysis, development and implementation of Solvency II reporting (Pillar III)
Senior Consultant
Novartis
- Definition and implementation of an internal control framework (IT, business processes)
- Process analysis and management of process re-engineering regarding compliance
- Implementation of maturity assessments based on the internal compliance framework
- Transformation from CMO to FMO (21 CFR Part 11, 21 CFR Part 820, GAMP5, GxP, data privacy, etc.)
- Validation according to ISO 13485, 9001, review of the Foreign Corrupt Practices Act (FCPA)
- Compliance with chemistry manufacturing controls
Senior Consultant
GAD
- Developing processes and methods to optimize bank21's portfolio management
- Creating reports to BaFin (proof of capital investments) and own funds allocation under Basel III
- Standardizing the GAD application portfolio in the Wave program (Web 2.0 technology)
- Updating the product portfolio for capital-forming benefits (savings contracts, equity funds, etc.)
Project Manager
UBS
- Setting up, analyzing, and adapting test cases for introducing a new fee model in client pricing
- Adjusting operational risk processes according to recommendations from regulators (SNB/FINMA)
- Valuing derivative products under IFRS 9/IAS 39 and Basel III, test documentation via HPQC
- Closing processes under Swiss FER, US GAAP, and IFRS in the Financial Closing cockpit
- Implementing SOX standards, EMIR, MiFID, Basel II/III reporting
- Automating payment transactions (e-workflow), preparing for SEPA implementation
- Analyzing and creating functional specifications for FATCA
Senior Project Manager
Swiss Re
- Enhancing and maintaining the BIS accounting platform (General Ledger System)
- Setting up and conducting the company's own risk and solvency assessment (ORSA) under Solvency II
- Replacing the HR processing system with SAP HCMS, selecting and implementing CATS
- Analyzing global VAT business processes and defining a centralized VAT procedure
- Systematically developing cost accounting in SAP FI/CO according to Swiss FER, IFRS (IFRS 4), and IAS 11 (PoC)
- Building and implementing an internal control system, risk-bearing concept, and risk reporting framework
- Creating a shared service center for automatic processing of incoming invoices (OCR scanning to automatic posting) and e-invoicing
Senior Project Manager and Business Engineer
Xerox
- Documenting macro-design processes and defining core business as the basis for process reengineering
- Optimizing business processes in logistics and supply chain, integrating IT procedures and lean management
- Identifying project and process risks, developing a risk control system
- Implementing SAP FI/CO, migrating legacy systems (JD Edwards, etc.), connecting to SAP ECC 6
- Planning and controlling IT cost allocation, creating forecasts and profitability analyses
- Building data center infrastructure in the Netherlands as the back office for Central Europe, performing data backups and business continuity planning
Project Manager and Business Consultant
Credit Suisse
- Preparing project documents as the basis for project execution (TOP PV)
- Analyzing tax-relevant matters (withholding tax, flat-rate withholding tax) for banking products (money market, treasury, derivatives)
- Developing and implementing a unified core solution on the CS-IT platform (SBIP)
- Assessing FATCA compliance considering AML/KYC and US sanctions
- Quality management, planning and monitoring of quality operationalization indicators, CMMI, UML
Business Engineer; Business Consultant
UBS
- Preparation of banking specifications in the area of securities accounting services to ensure error-free processing of corrections
- Analysis of data flows from the Triple A trading application and integration into workflow implementation
- Integration of operational risk processes (SOX) into the overall architectural design
- Valuation of derivative products under IFRS 9/IAS39, Basel II, test documentation in HPQC
- Implementation of AML identification based on KYC criteria (KUA, KOA)
Subproject Manager, Business Engineer; Business Consultant
Landesbank Baden-Württemberg
- Creation of IT concepts to implement banking requirements in the context of credit risk management under US GAAP
- Strategic support in credit risk controlling, portfolio modeling, and process definition
- Mapping financial data from upstream systems into a financial database (DWH) and standardization
- Development and implementation of a risk model for derivatives (CDS/CDO etc.) based on US GAAP in accordance with Basel II
- Project approach according to ITIL, using the UML methodology
Business Engineer/Project Manager
Wertschriftenapplikationsentwicklungsgesellschaft
- Preparation of an IT specification for the implementation of a business concept regarding the EU interest tax
- Analysis of the Anti-Money Laundering Act, solution definition and solution implementation for securities processing
- Treasury processing (settlements, payments, confirmations), SWIFT, MiFID (best execution)
- Creation of GUI design, SQL development, Java development, OTMS, DTA protocol
- Planning and controlling of IT cost allocation, preparation of forecasts and profitability calculations
- CMMI Level 3, RUP
Senior Business Project Leader
Credit Suisse
- Takeover of custodian bank functionality for an asset management company in a reinsourcing project
- Responsible for the legal reporting of the foreign business unit (central bank, financial market supervisory authority)
- Introduction of accounting standards IFRS and Basel II, adaptation of operational risk processes (BCL/CSSF)
- Execution of an operational excellence project (Six Sigma) for process optimization
- Definition of use and business cases, verification of risk compliance (SOX)
- CMMI, FRS GLOBAL, FIRE, OTMS, DTA protocol
CFO
Phytopharmazeutisches Unternehmen
- Development and introduction of a controlling and reporting system according to IAS
- Budget, cost and liquidity planning, preparation of the business plan
- Business analysis regarding the setup of a controlling MIS, preparation of monthly and annual financial statements (IFRS, OR)
Freelance Consultant
Handelsakademie
- Consulting and creating a course design for trade logistics with a focus on cost and performance accounting/controlling
Freelance Lecturer
IHK München
- Seminars in international accounting, financial management, and reporting under US GAAP and IAS
- Use of DATEV, payroll processing, introduction of DATEV Personnel
Interim CFO
Unternehmensberatungen
- Consulting and implementation for financial optimization, preparing financial statements under US GAAP and IAS
- Development of controlling and financial processes, risk and legal compliance
- Payroll processing with DATEV, data migration, specification creation, and IT implementation
Interim CFO
Siemens
- Conversion from the total cost method to the cost of sales method
- Development and implementation of a US GAAP/IAS reporting and accounting system (ASAP processes)
- Asset management and finance-focused risk management, performing efficiency analyses
- Analysis, definition, and design of business processes in the FI area (FI_LC), system adaptation and implementation
- Introduction of total quality management, development and implementation of cost type and cost center accounting
Interim CFO
Sparkassenversicherung
- Further development of the product range in life insurance (group, savings, and term life insurance)
- Harmonization and migration of different policy administration systems
- Establishment of a reporting and controlling system aligned with US GAAP/IAS and German GAAP (HGB)
- Development and implementation of an IT budgeting system for group-wide projects
- SAP FI modules AA, AR, AP, and GL, mapping the cameralistic accounting in SAP
Interim CFO
GE Capitel Reinsurance
- Adaptation of actuarial parameters to determinant diversification (Euro introduction etc.)
- Financial process reengineering (ASAP), development of an IAS-compliant reporting and controlling system
- Asset management and financial risk management, risk compliance, business analysis
- Conducting effectiveness and efficiency analyses, turnaround management
Interim CFO
Weimar Pharma
- Development and implementation of a lean management organization
- Analysis of production and financial processes, risk and legal compliance, business analysis
- Adjustment and optimization of financial and cost accounting processes according to ASAP (Accelerated SAP)
Project Manager
Private Krankenhausträgergesellschaft
- Definition of the economic/financial target system, justification for a hospital holding
- Replacement of cameralistics with commercial accounting (Doppik) and management controlling
- Design of an IT solution for the patient workflow (diagnosis, therapy, documentation) as part of a KIS
- Establishment and introduction of cost type/cost center accounting, product/customer profitability accounting
Consultant
DVAG
- Development of new products in life insurance, home savings etc.
- Establishment of BSV products with flexible equity contributions, linking BSV in series for the staged repayment of the debt ratio
- Training sales staff of DVAG in product innovations
- Capital-forming benefits product innovations for fund and home savings
Consultant
Public-sector IT service provider
- Creation and implementation of a standard cost accounting system to expand the existing product portfolio for municipal hospitals
- Replacement of the cameralistic accounting model with a commercial financial and accounting system
Industries Experience
See where this freelancer has spent most of their professional time. Longer bars indicate deeper hands-on experience, while shorter ones reflect targeted or project-based work.
Experienced in Insurance (30 years), Banking and Finance (30 years), Government and Administration (5.5 years), Healthcare (4.5 years), Education (3.5 years), and Pharmaceutical (2 years).
Business Areas Experience
The graph below provides a cumulative view of the freelancer's experience across multiple business areas, calculated from completed and active engagements. It highlights the areas where the freelancer has most frequently contributed to planning, execution, and delivery of business outcomes.
Experienced in Product Development (30 years), Human Resources (30 years), Sales (30 years), Finance (19.5 years), Accounting (19.5 years), and Project Management (15 years).
Summary
My core strengths are in delivering projects that require analytical, creative, problem-solving and interdisciplinary skills to achieve strategic or operational goals. I am interested in complex business challenges and innovative IT technologies/methods and their integration into any IT environment.
I have been self-employed since 1992; ambitious as a founder, manager, project manager, consultant and entrepreneur, consulting on business analysis, requirements engineering, processes, analysis/design and implementation.
My industries include banking, insurance, financial services, aerospace and science.
Skills
My Responsibilities
- Project Management In Product And Technology Development For The Finance Sector
- Developing A Concept Based On The Prince Method
- Planning, Structuring, Advancing And Tracking The Project
- Acting As Interface Between It And Business Units
- Instant Payment Solutions Via Sms, Email, Twint, Epayment
- Defining Processes For Real-time Payments And Process Modeling
- Clarifying It Security And Data Protection For Real-time Payments And Implementing Appropriate Controls In Payment Tools
My Qualifications
- Completed Tertiary Education
- Solid Hands-on Experience In Project Management Of It And Product Development Projects
- Experience In Financial Services/banking (Customer Onboarding/kyc/aml/backend)
- Structured And Results-oriented Working Style
- Open And Empathetic Personality
Professional Development
- User-level Knowledge Of Navision, Further Training In Project Methodology Rup (Rational Unified Process) And Modeling Language Uml (Unified Modeling Language)
- Continuous On-the-job Training In Work Processes And Internal Training On Rup, Uml, V-model, Sap Etc.
Key Focus Areas
- Project Management, Processes, Business Analysis/requirements Engineering, Implementing Business Requirements In It Landscapes
- Health Economics/hospital Management
- Auditing, Controlling, Building Control Systems (Mis/ics), Creating Forecasts, Variance Analysis, Cost-benefit Calculations And Analyses, Service Allocation Etc. In Business And It Projects, Frs Global; Fire
- Preparation Of Annual Financial Statements According To Swiss Gaap Fer, Hgb, Us Gaap, Ifrs 9, 13, 15, 16, 17
- Emir, Capital Investments, Investment Management
- Mifid, Fatca, Tax And Legal Compliance, Emir, Reporting Under Basel Ii/iii
- Implementation Of Sox Standards, Lean Management
- Reporting, Process Planning, Inventory Management, Cost Planning, Cost Control
- Payments, Payment Outsourcing, Payment Automation (E-workflow), Sepa
- Internal Service Allocation (It Services, Invoice Processing, Provision Of Services In Finance And Accounting, Billing For Recharging Domestically And Abroad), Establishing Related Processes And Including Them In Slas
- Development And Implementation Of Sustainability Reporting According To The Corporate Sustainability Reporting Directive/european Sustainability Reporting Standards
Technologies
- Operating Systems: Windows, Ms Dos, Linux, Android
- Databases: Access, Db2, Oracle Fa, Tax
- Tools: Sap Fi Co Cml, Ms Office, Hp Quality Center V10, Csv, Tds
- Business Process Modeling With Ms Visio, Aris
Methods/processes
- Cmmi
- Itil
- Scrum
- V-model
- Rup
- Uml
- Waterfall
Languages
Education
University of Trier
Diploma in Economics · Economics and Law · Trier, Germany
Certifications & licenses
Digital Operational Resilience Act
Profile
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