Siegfried Radu
Finance and Administration Officer
Experience
Marc Cain GmbH
- Accounting for subsidiaries in the USA and Canada (ProAlfa)
Leonhard Moll Betonwerke GmbH & Co. KG, Plant Laußig (Saxony)
- Support during the transition from Navision to Microsoft Dynamics
- Entering production data that wasn't transferred
Konrad GmbH
- Current account bookkeeping, mainly accounts payable
- Checking outgoing invoices and preparing incoming invoices for posting (coding)
- Posting in Navision
Finance and Administration Officer
Solidaridad e.V.
- Administrative tasks in an international non-profit organization
- Preparing postings and managing payment transactions
- Human resources
Waldner Holding GmbH & Co. KG
- Accounts payable accounting
- Recording incoming invoices with RecSolution
- Posting in ProAlpha
Treasurer and Board Member
FDP Ortsgruppe Markdorf im Bodenseekreis
- Set up administration
- Responsible for transitioning from cameral accounting to double-entry accounting
Setting up an online retail business
- Selecting suppliers for kitchen products
- Setting up procurement processes including orders
- Processing delivery notes and invoices in collaboration with an external service provider
Advising on the setup of a raw material import business
- Creating a business plan (integrated P&L, balance sheet, cash flow statement)
- Advising a startup founder on importing copper and other metals
- Researching buyers and suppliers
- Clarifying import and financing issues
Creating a business plan for a children's cancer clinic
Creating a business plan (integrated P&L, balance sheet, cash flow statement)
Planning the renovation and operation of a decommissioned facility considering the special requirements of pediatric oncology
Planning the facilities, catering, and a hotel for caregivers
Outlining accounting processes, especially procurement
Developing a business plan for a pyrolysis company
- Creating a business plan (integrated P&L, balance sheet, cash flow statement) for processing scrap tires and plastics
Consulting for a mechanical engineering and automotive supplier
- Determining which business units to continue and the strategy after insolvency
- Creating a business plan (integrated planning of P&L, balance sheet, cash flow statement) and searching for an investor
- Changing procurement, cost allocation, and invoicing processes
Supporting the audit of German subsidiaries under US GAAP
- Working with auditors to explain German accounting standards
- Explaining documents
SAP FI Lecturer
- Teaching retraining students in general ledger, accounts receivable, accounts payable, fixed assets, and closing entries
- Explaining accounting processes based on SAP workflows
Consulting on the acquisition of a company in rail maintenance and switch heating
- Creating a business plan (integrated planning of P&L, balance sheet, cash flow statement) based on provided figures
- Reviewing business processes and recommending simplifications
Strategic Procurement
Centrotherm AG
- Identifying critical supply parts and creating part profiles
- Searching for and selecting suitable suppliers based on quality, technical competence, location, and price
Advising on the acquisition of an analysis company in the pharmaceutical sector
- Advising a private investor on the acquisition of an analysis company in the pharmaceutical sector
Further training as SAP Supply Chain Manager
- Further training at Date up in Stuttgart
Cooper Standard Automotive (Germany) GmbH
- Clearing high receivables and cleaning up accounts after the takeover of a US subsidiary
- Merging two accounts receivable ledgers and relocating the accounting department
- Closing a plant and training rotating temporary workers
- Process analysis, credit note procedures and consignment stocks
- Handling VAT issues, credit checks abroad and preparing proofs of delivery
- Reviewing cost center allocation of incoming invoices and identifying deviations in pricing agreements
- Performing monthly closings and document management according to SOX
Controller
AWECO (Spanish subsidiary)
Implementing reliable financial planning with multi-year forecasting
Setting up meaningful monthly reporting
Supporting controlling in a production restructuring process (process reorganization and staff reduction)
Setting up a production facility in Mexico: finding and selecting buildings, defining machine equipment and layouts, utility requirements and financial planning for the startup phase
Analyzing the profitability of a plant in Slovakia
Consulting for various medium-sized companies
- Consulting in the medical devices, machining technology and freight forwarding industries
- Bookkeeping and payroll
- Supporting management, certification and implementation of production planning and control systems
Sole Managing Director
TERCON HYDRAULIK UND MOTOREN GmbH
- Development and production of special electric drives and hydraulic cylinders for the paper machinery industry
- Development of electric drives for small vehicles such as wheelchairs and golf carts
Sole Managing Director
Höss-Präzision GmbH
- Supply of turned and milled parts in large and small series for mechanical engineering and the automotive industry
- Certified according to DIN EN ISO 9000
General Authorized Representative
Werkzeugmaschinenfabrik C. Behrens AG
- Implementation of a new ERP system and a monthly reporting system based on Excel
- Cost estimation and post-calculation for individual orders, which were billed as projects
- Advising management on strategic matters
Sole Managing Director (CEO)
KS International Investment Corporation, Inc.
- Leading three production companies and a sales company in the USA as well as a production company in Canada
- Strategy development, market approach and accounting according to GAAP and HGB
- Preparing annual and monthly plans as well as plan vs actual comparisons
- Working with auditors and tax optimization under double taxation agreements
- Appointing managing directors, restructuring production processes and building a new plant
Board Member for Finance and Administration
Naxos-Union AG und Diskus Werke AG
- Responsible for accounting, HR, procurement, materials management, organization, IT and general services
- Chairman of the board of the US subsidiary
- Relocation of parts production and construction of a new plant for grinding tools in Butzbach
- Implementation of controlling and reporting systems
- Negotiations with a banking consortium and conversion to a public company as well as preparation for the sale of the group
Head of Controlling Division for Foreign Subsidiaries
Kolbenschmidt AG
- Set up international controlling with annual plans and monthly reports for companies in South Africa, Brazil, Mexico, USA, France, United Kingdom, and Ireland
- Prepared board resolutions and board meetings
- Led international cooperation projects and tax optimizations with Arthur Andersen and KPMG
- Led the sale of shares in the Mexican subsidiary and negotiated in English and Spanish
Head of Audit
Rank Xerox GmbH
- Ensured the correct functioning of the IT systems used group-wide
- Reviewed new IT systems before, during, and after implementation
- Trained staff on the systems
- Assisted in preparing annual financial statements in the Netherlands, Austria, and Switzerland
- Conducted special audits
Head of Controlling and Deputy Head of West Region
Lufthansa Service GmbH
- Responsible for managing facilities at Düsseldorf and Cologne airports
- Monitored and improved productivity, handled investment calculations, and executed investments
- Resolved organizational issues and optimized transport to aircraft
- Established a factory outlet at Düsseldorf airport
Lecturer and Research Associate
Universitätsseminar der Wirtschaft
- Taught courses in economics, business administration, and mathematics
- Supervised groups in solving case studies
- Designed and led seminars
- Developed the German case study center
- Attended the Harvard Business School case study seminar in Fontainebleau
Research Associate
Planungsgruppe Ritter
- Conducted studies on behalf of the Federal Ministry for Economic Cooperation
- Market study for steel profile sheets in Algeria with interviews in French
- Analyzed labor intensity of production processes in the food and beverage industry
Languages
Education
Technical University of Berlin
Diploma in Engineering · Industrial Engineering: Mechanical Engineering and Business Administration · Berlin, Germany
Certifications & licenses
SAP Supply Chain Manager
Date up
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