Michael Scholz
Independent Consultant
Experience
Jan 2019 - Present
6 years 7 months Weilerswist, Germany
Independent Consultant
MSBC ׀ Michael Scholz Business Consulting
- Diverse investment valuations / due diligence / M&A execution for broadband providers (regional providers in Germany)
- Commercial and financial due diligence and advisory for a fiber-optic joint venture in Germany (multi-billion investment by an insurance company with a global telco)
- Establishment of the German business of a French fiber rollout company
- Management consulting for the development of FTTH projects in Germany for investment banks and consulting firms
- Advisory for European construction and engineering firms in the development and implementation of business opportunities with German network operators
- Regional consultant commissioned by the Federal Ministry of Transport and Digital Infrastructure (BMVI) for municipalities on publicly funded FTTH rollout (as a freelancer for TÜV Rheinland)
- Author and speaker on broadband topics in Germany (for Outvise and Atene Kom)
- Due diligence and valuation of passive infrastructure and its marketability in Romania
Dec 2017 - Dec 2019
1 year 1 monthSabbatical
- Travel
- Rescue diver training
- Family and friends
- Sports and cultural activities
Jun 2017 - Nov 2017
6 months Bonn, Germany
Senior Expert International Strategy
Deutsche Telekom AG
- Broadband / partnerships
Jun 2014 - May 2017
3 years Bucharest, Romania
Head of Strategic Projects Department / Transformation Office (Business Partner to the CEO and the Shareholders' Assembly,
Telekom Romania Group
- Establishment of a new wholesale division with revenue increase of 5% - 7% without additional costs
- IPO / equity story in favor of a shareholder
- Development of new financing sources and procurement
- Business process outsourcing (approx. 2000 employees)
- Streamlining of reporting
- Management of the nationwide FTTH rollout program (1.3 million HHp / EUR 160 million 3-year budget)
- Establishment, subsequent technical and disciplinary leadership of the department
- Advisory to the board and implementation of strategic measures
- Analyses, recommendations, templates
- Controlling (investments and sales)
- Forecasts and planning
- Improvement and optimization of commercial processes and corporate governance of the group
- Management of large-scale projects
- Comments on the annual financial statements
Mar 2012 - May 2014
2 years 3 months Bonn, Germany
Strategy Execution and Performance Manager (Business Partner to the Senior Vice President International Strategy)
Deutsche Telekom AG
- Analysis and operational restructuring of companies in distress
- Design of a capital market-related restructuring of the CEE business portfolio
- Reorganization of business reporting (timing and content, data collection)
- Advisory and operational support to the business unit head on strategic tasks
- Controlling
- Management of the strategic and legal realignment of subsidiaries
- Analyses and recommendations
- Point of contact for associations, authorities, banks
Oct 2002 - Feb 2012
9 years 5 months Bonn, Germany
Senior Expert Treasury ("dotted line" to the Senior Vice President Treasury & Finance, power of attorney)
Deutsche Telekom AG
- Comprehensive implementation of a group-wide multi-currency cash management embedded in a payment factory
- Implementation of central financial and liquidity planning and a related decentralized notification IT system
- Standardization of bank contract terms
- Creation, publication and maintenance of the treasury manual
- Representation of the department head
- Cash management
- Process optimization
- Responsibility for treasury in the EMEA region
- Point of contact for banks and authorities
- Introduction and management of international cash pooling
- Financing of affiliated companies
- Interface to accounting (HGB / IFRS)
Feb 2002 - Sep 2002
8 months Jakarta, Indonesia
Director of Controlling (Direct reporting to the CFO and the shareholders)
PT Satelite Palapa Indonesia
- Maintenance of business operations at the time of the sale of the equity stake
- Technical and disciplinary leadership of the department
- Responsibility for planning, reporting and controlling
- Reporting to the board
Jan 1996 - Jan 2002
6 years 1 month Bonn, Germany
Head of the Global Financial Strategy Team; Managing Director Finance of DT Asia Holding GmbH; General Authorized Signatory of
Deutsche Telekom AG / DT Asia Holding GmbH
- Numerous multi-million-dollar financings (structured financings, corporate loans and bonds)
- M&A and post-merger projects
- Structured reporting lines in the Asia business
- Consolidation of the sub-concern
- Sale of DTAG's cable business (due diligence of buyer offers and management of the financial side of transactions)
- Technical and disciplinary leadership of the central department
- Management of the finance department of DT Asia Holding GmbH
- Analyses, recommendations
- Responsibility for finance areas in the ASEAN region
- Preparation of financing plans and coordination with banks
- Point of contact for associations, authorities, banks
- Structuring of project financings and negotiation of financing documents
- Internal communication and creation of templates
- Project management and representation of the Deutsche Telekom Group in Southeast Asia, Eastern and Central Europe
May 1995 - Dec 1997
1 year 8 months Brussels, Belgium
Advisor to the CFO (Accounting / Group Accounting)
Global One Joint Venture
- Lead of reporting for >300 group entities under various regulations
- Establishment of the central department and the accounting manual
- Technical design and implementation of processes for consolidation of approx. 300 group entities
May 1994 - Dec 1995
1 year 8 months Bonn, Germany
Lead Manager Accounting Transformation / Group Accounting
Deutsche Telekom AG
- Introduction of deferred tax accounting
- Centralization of operational accounting (organization and SAP)
- Management of the introduction of commercial accounting under HGB (accounting policy, processes, SAP) and preparation for proper bookkeeping
Mar 1989 - Apr 1994
5 years 2 months Mülheim, Germany
Audit Assistant (initially as a working student, then permanent position)
KPMG Deutschland
- Advisory on the introduction of HGB accounting in companies of the former GDR
- Audit of individual and consolidated financial statements
Oct 1985 - Dec 1987
1 year 3 months Lorem ipsum dolor sit amet
Bundeswehr
Languages
German
Native
English
Advanced
Romanian
Intermediate
Education
Oct 1984 - Apr 1992
University of Duisburg
Diploma in Economics, Accounting / Auditing / Controlling / Taxation · Duisburg, Germany
Similar Freelancers
Discover other experts with similar qualifications and experience