Siegfried R.
Finance and Administration Officer
Experience
Marc Cain GmbH
- Accounting for the subsidiaries in the USA and Canada (ProAlpha).
Leonhard Moll Betonwerke GmbH & Co. KG
- Support during the transition from Navision to Microsoft Dynamics.
- Entry of manufacturing data that had not been transferred.
Konrad GmbH
- General ledger accounting, mainly accounts payable.
- Checking outgoing invoices and preparing incoming invoices for posting (account assignment), posting with Navision.
Finance and Administration Officer
Solidaridad e.V.
- Administrative tasks in an international non-profit organization.
- Booking preparations, payment transactions, human resources.
Waldner Holding GmbH & Co. KG
- Manufacturer of laboratory equipment.
- Accounts payable, capturing incoming invoices with RecSolution and posting with ProAlpha.
Treasurer and Board Member (volunteer)
FDP Ortsgruppe Markdorf
- Setting up administration.
- Responsible for switching from public single-entry accounting to double-entry accounting.
Building an e-commerce Business
- Selecting suppliers (e-commerce) for kitchen products.
- Setting up procurement processes with orders, delivery notes, and invoice processing in collaboration with an external service provider.
Building a Raw Materials Import Business with Business Plan
- (Integrated planning: income statement, balance sheet, cash flow statement).
- Advising a startup 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
- (Integrated planning: income statement, balance sheet, cash flow statement).
- Planning the renovation and operation of an existing, decommissioned facility.
- Considering special requirements of pediatric oncology, planning facilities and catering, as well as a hotel for family caregivers.
- Mapping accounting processes (especially procurement).
Creating a Business Plan for a Pyrolysis Company
- (Processing old tires and plastics), integrated planning: income statement, balance sheet, cash flow statement.
Advising a Mechanical Engineering and Automotive Supplier for Continued Operation after Insolvency
- Defining the company parts to continue and the strategy.
- Creating a business plan (integrated planning: income statement, balance sheet, cash flow statement) and finding an investor.
- Changing procurement, cost allocation, and invoicing processes.
Supporting a US Company in Reviewing Its German Subsidiaries under US GAAP
- Accompanying auditors to explain German accounting standards and clarify documents.
SAP FI Instructor
Bundesanstalt für Arbeit
- Teaching retraining participants the main areas of financial accounting (general ledger, accounts receivable, accounts payable, fixed assets, closing entries).
- Explaining accounting processes through workflows in SAP.
Advising a Private Investor on Acquiring a Rail Maintenance and Switch Heating Company
- Creating a business plan (integrated planning: income statement, balance sheet, cash flow statement) based on the provided figures.
- Analyzing business processes and recommending simplifications.
Strategic Purchasing
Centrotherm AG
- Identifying critical parts, creating parts profiles, sourcing and selecting suitable suppliers for various parts and components.
- Selection criteria: quality, technical expertise, location, price.
Advising a Private Investor
- On acquiring an analytical services company in the pharmaceutical sector in Switzerland.
Cooper Standard Automotive (Deutschland) GmbH
- Reducing large receivables and cleaning up accounts after the acquisition of a US subsidiary.
- Merging two accounts receivable departments, relocating accounting, plant closure, training a team of 4 temporary employees (rotating staff).
- Process analyses, credit memo procedures, consignment stock, international contract manufacturing.
- VAT issues.
- Removing duplicate postings, reconciling accounts with customers and sister companies in various countries.
- Performing credit checks abroad, preparing delivery proofs.
- Checking cost center assignment of incoming invoices.
- Identifying deviations in price agreements through contract analysis.
- Conducting monthly closings.
- Document management according to SOX.
Controller in Spanish Subsidiary
Aweco
- Plastic injection molding company, sector: home appliance suppliers.
- Sales: €17 M, 170 employees.
- Introduced reliable financial planning with multi-year planning and meaningful monthly reporting.
- Controlling support for a production restructuring process (process reorganization, staff reduction).
For the German parent company:
Establishing a production facility in Mexico.
Searching and selecting buildings.
Defining machinery equipment, layout, and utility requirements for power, water, and air.
Conducting financial planning for the start-up process.
Assessing the viability of a plant in Slovakia.
Advising Various Mid-Sized Companies
- Advising several mid-sized companies in medical devices (including accounting and payroll), precision machining, and logistics on corporate management, certification, financial accounting, and implementing MRP systems.
Sole Managing Director
Tercon Hydraulik und Motoren GmbH
Sector: metal processing and electric motor manufacturing.
Sales: €600 K, 12 employees.
Development and production of special electric drives and manufacturing of hydraulic cylinders for the paper machine industry, development of electric drives for small vehicles (wheelchairs, golf carts, etc.).
Sole Managing Director
Höss-Präzision GmbH
Sector: precision machining.
Sales: €8 M, 90 employees.
Supplier for machinery and automotive companies.
Large and small series, workshop production.
Turned and milled parts.
Certified to DIN EN ISO 9000.
General Authorized Officer
Werkzeugmaschinenfabrik C. Behrens AG
(Stamping machines and laser cutting systems)
Sector: machine tool manufacturing.
Sales: €25 M, 105 employees.
Implemented a new ERP system (purchased new software) and a monthly reporting system (initially Excel-based).
Pre- and post-costing of individual orders billed as projects.
Advising management on strategic issues.
Sole Managing Director (CEO)
KS International Investment Corporation, Inc.
Holding company for the North American subsidiaries of Kolbenschmidt AG, Neckarsulm.
Sector: automotive supply.
Sales: $200 M, 220 employees.
Managed three manufacturing companies and a sales company in the USA, and a manufacturing company in Canada.
Products: pistons for internal combustion engines, plain bearings, steering wheels, airbags, valves, and water pumps for engine cooling.
Member of subsidiary boards.
Three of the companies were joint ventures with partners from Japan, Brazil, and Canada.
Strategy, market development, accounting, annual and monthly planning.
Plan-actual comparisons of subsidiary financials.
Engaging and liaising with auditors.
Financial statements under GAAP and HGB.
Tax optimization issues (double taxation treaty).
Appointing managing directors, restructuring production operations, building a new plant.
Board Member Finance and Administration
Naxos-Union AG und Diskus Werke AG
Manufacturers of grinding machines and grinding tools.
Sector: machine tool manufacturing.
Sales: €100 M, 1 200 employees.
Naxos-Union AG was owned by the Dr. Arthur-Pfungst Foundation; Diskus Werke AG was listed but majority-owned by Naxos-Union AG.
Responsible for accounting, HR, purchasing, materials management, organization, IT, and general services, chair of the board of the US subsidiary.
Transferring parts production from Diskus to Naxos.
Building a new grinding tools plant in Butzbach and moving the division from Frankfurt there.
Implementing controlling and reporting.
The group was in financial trouble due to heavy losses when I joined.
Negotiated with a banking consortium, concluded a pool agreement that was dissolved three years after restoring profitability.
Converted the sole proprietorship Naxos-Union into a public company.
Prepared the sale of the group and executed it.
Head of Controlling Foreign Subsidiaries
Kolbenschmidt AG
Subsidiary of Metallgesellschaft AG, Frankfurt.
Sector: automotive supply.
Sales: €800 M, approx. 4 000 employees.
Built foreign controlling with annual planning and monthly reports.
Subsidiaries in South Africa, Brazil, Mexico, USA, France, United Kingdom, and Ireland.
Prepared meetings and decisions for the board.
Prepared board meetings, led international cooperation projects.
Developed international tax optimizations with experts (mainly Arthur Andersen and KPMG).
Led the sale of the Mexican subsidiary shares.
Negotiated in English and Spanish.
Frequent stays abroad.
Audit Manager for the Dutch Subsidiary
Rank Xerox GmbH
Sector: office equipment (sales).
The Systems Performance Assurance Division (SPAD) reported to London and was centrally responsible in Düsseldorf for the Netherlands, Switzerland, Austria, and Germany.
Conducting audits to ensure proper functioning of the in-house IT systems used group-wide.
Checking new IT systems before, during, and after rollout.
Training staff on the systems.
Assisting with the preparation of annual financial statements in the Netherlands, Austria, and Switzerland.
Conducting special investigations.
Head of Controlling and Deputy Head of Region West
Lufthansa Service GmbH
Sector: airline catering.
Responsible for administration of facilities at Düsseldorf and Cologne airports.
Monitoring and increasing productivity, investment calculations and execution.
Resolving organizational issues, optimizing transport to aircraft.
Setting up a factory outlet at Düsseldorf airport.
Lecturer and Research Associate
Universitätsseminar der Wirtschaft
Sector: executive education.
Lectures in economics, business administration, and mathematics.
Supervising groups solving case studies.
Designing and conducting seminars.
Establishing the German case study center.
Participated in the Harvard Business School case seminar in Fontainebleau.
Research Associate
Planungsgruppe Ritter
Sector: consulting in development aid.
Conducting studies commissioned by the Federal Ministry for Economic Cooperation.
Conducted a market study for steel profiled sheets in Algeria.
Several stays in Algeria.
Interviews in French.
Studies on labor intensity of production processes in the food and beverage industry.
Languages
Education
Technische Universität Berlin
Diploma Engineer · Industrial Engineering: Mechanical Engineering and Business Administration · Berlin, Germany
Certifications & licenses
SAP Supply Chain Manager
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