Richard Theisen - Project Manager

Recommended expert

Görlitz, Germany

Experience

Jul 2022 - Present

3 years 7 months

Project Manager

Telecommunications Company

Background: Fundamental adjustment of the fixed asset accounting system landscape, improving data quality and standardizing and automating processes
Transition of the SAP system to SAP S/4 HANA
Introduction of a dedicated SAP S/4 HANA system for logistics
Adoption of a new collaboration model with partner companies for network expansion
Update of the asset structure to the latest network technology considering Single RAN, Open RAN, virtualization, and network slicing

Mar 2022 - May 2022

3 months

Team Member

Startup founding team at TH Köln

Background: Developing the business idea, defining the MVP, preparing the first pitch deck
Planning and conducting team workshops
Structuring the business idea and identifying assumptions
Market analysis of demand and competitors
Calculating the business model, financial plan, and funding gap
Organizing, preparing, and conducting interviews with clients (companies and consumers)
Coaching the team in interview techniques and communication skills
Preparing and presenting the pitch deck

Jan 2020 - Feb 2022

2 years 2 months

Team Member

Real Estate Bank

Accounting of loans in SAP CML, BCA, FI, iBox
Special accounting requirements for syndicated loans
SAP S/4 HANA: support for test planning and test case creation for responsible processes
Accounting for liabilities to customers
Optimization and automation of accounting processes
Monthly closing process with various reconciliation and booking activities
Point of contact for the auditor for responsible areas
Interface function to IT
Background: Explaining the differences between profit and loss statements in accounting and risk management, including implementation of harmonization potential
In-depth analysis of data flows and calculations in a complex system environment
Affected systems: SAP CML, BCA, Summit, Marlin, SAP platform iBox, Posting Hub
Gathering and evaluating business and system knowledge from multiple departments
Specifying and testing required software changes
Administering Confluence spaces and Jira boards
Specifying and using a Python analysis tool, developing a custom Python tool
Identifying and specifying automation potential
Interface function between business units and IT
Background: New reference rates (LIBOR reform) require various adjustments in SAP CML
Writing the business concept from the accounting side
Defining and testing new flow types in SAP CML
Defining and testing new posting methods
Testing and defect documentation in Jira
Background: IAS correction for specific IFRS 9 requirements
Managing implementation, testing, go-live, and post-go-live with more than 10 team members and 7 affected systems using Jira, Confluence, Bee4IT
Creating the business concept from the accounting side, including user stories
Determining the impact on the iBox and all downstream reporting systems
Planning and implementation, including budget responsibility
Preparing and conducting project kickoff, regular status meetings (jour fixe), and various workshops
Preparing and presenting the details for management and auditors
Preparing the IAS 8 disclosure in the financial statements
Monitoring and internal reporting of the concrete effects on the following quarterly and annual closings

Oct 2019 - Dec 2019

3 months

Team Member

Auto Bank Group (Subsidiary of Auto Bank A)

Background: UK-based banking group outsources the preparation of consolidated and subsidiary financial statements to KPMG Germany
Defining workflows and processes with the client and implementing them with ONESOURCE software
Training team members, drafting and overseeing the internal preparation process including guidance for the shared service center
On-time preparation of multiple final financial statements, including several draft versions

Oct 2018 - Mar 2019

6 months

Team Member

Auto Bank Group (Subsidiary of Auto Bank A)

Background: UK-based banking group outsources the preparation of consolidated and subsidiary financial statements to KPMG Germany
Defining workflows and processes with the client and implementing them with ONESOURCE software
Training team members, drafting and overseeing the internal preparation process including guidance for the shared service center
On-time preparation of multiple final financial statements, including several draft versions

Feb 2018 - Sep 2018

8 months

Subproject Manager

Autobank A

Background: bank setup and portfolio transfer of a branch due to Brexit
Test planning, testing and defect management with Jira
Organization and leadership of project meetings and workshops
Adjustment of amortization methodology in fixed assets
Understanding existing processes and designing new accounting processes
Process optimization and automation with RPA
Preparation and execution of the cutover

Oct 2017 - Jan 2018

4 months

Team Member

Autobank B

Background: banking group needs to implement the new IFRS 9 standard
Applying IFRS requirements to contracts and frameworks of the banking group, as well as developing the functional design including user stories
Understanding the system environment and data flows in accounting, risk management, and controlling
Presenting the status quo and designing the future process
Gap analysis and recommendations for IFRS 9 versus HGB/French GAAP
Accounting and impairment of auto loans, finance and operating leases
Systems used: Confluence, PeopleSoft SAP
Organizing and moderating workshops with various business units
Clarifying issues and discussing implementation alternatives with the development team

Jun 2016 - Sep 2016

4 months

Team Member

Retail Bank

Background: the bank advises private clients on asset management and must comply with WpHG requirements
Understanding and evaluating processes in the front, middle and back office
Documenting the audit findings
Test client interviews in various branches

Mar 2016 - Jun 2016

4 months

Team Member

Asset Manager

Background: audit of annual financial statements of an asset manager and regulatory audit
Audit of corporate planning
Audit of accounting in Datev and the accounting-related control system
Audit of compliance with regulatory requirements according to MaRisk

Oct 2014 - Apr 2017

2 years 7 months

Team Member

Retail banking group

Background: annual audit of a retail bank and various service and holding companies according to HGB/RechKredV/IFRS and regulatory requirements (MaRisk, InstitutsVergV)
Process understanding and audit for fixed asset accounting, depreciation, and reporting of tangible assets
Process understanding and audit of commission income
Audit of equity investments including impairment testing
Use of CaseWare for posting and audit documentation
Audit of outsourcing, outsourcing contracts, and service-level agreements in line with MaRisk AT9
Audit of salary structures in line with InstitutsVergV

Oct 2014 - Apr 2017

2 years 7 months

Audit Manager

Payment Service Provider

Background: annual and group financial statement audit for a payment service provider according to HGB/IFRS/US GAAP
Understanding of the payment services business model and credit card acquiring
Organizing the audit process and the audit team
Developing the audit strategy for the initial audit of an acquired company and supporting the liquidation process
Auditing financial statements using Microsoft Dynamics for various balance sheet and P&L items and preparing audit documentation
Auditing the financial reporting control system