Stefan Broscheid - Group Controlling (VP)

Singapore, Singapore

Experience

Jan 2017 - Present

9 years 1 month

Singapore

Leading the controlling team with 5 direct reports and managing various projects
Controlling the areas: production, logistics, procurement, IT, R&D, finance, HR, legal, global BI, including the introduction of tools & processes
Responsible for monthly reporting (under IFRS) including variance analysis, as well as forecasting and annual planning/closing for the above areas
Specifically further developing production controlling including project management for cost and performance optimization
Investment controlling including profitability calculations
Continuously driving controlling-led digitalization initiatives across the entire supply chain
Strategic financial advisor for logistics, supply chain and material management functions, including planning/cost forecasting
Implemented a Power BI cube for inventory optimization, resulting in approx. 6% cash flow increase and a 1-day reduction in reporting time
Organized the financial flow for relocating a logistics hub from the USA to Mexico, including setting up a new finance department
Successful roll-out of Shared Service Center Finance for WIDEX entities (31) – cost savings of EUR 8m over 4 years
Built a management information system for all relevant performance KPIs for over 100 entities within 12 months
Implemented planning software JEDOX for all entities (>100), shortening the planning process by 4 weeks

Apr 2011 - Jul 2016

5 years 4 months

Aalen, Germany

Coordinating the quarterly forecast, annual and mid-term planning for the business unit, including cash flow planning, with 7 direct reports
Leading transformation projects in the finance organization
Developing and implementing procurement controlling in SAP, resulting in annual savings of around EUR 10m
Monthly reporting (IFRS) including variance analysis for the group and owners
Building and implementing R&D controlling with special focus on capitalizing development costs under IFRS and tracking performance of new product developments
Serving as main contact for audit firms

Aug 2004 - Mar 2011

6 years 8 months

Dornbirn, Austria

Ensuring monthly reporting under IFRS and internal standards by the 8th business day
Building a finance team in a newly established production company in Romania, implementing SAP-FI
Introducing Lean Six Sigma reporting
Promoted from Head of to Director (01/2009)

Jan 2001 - Jul 2004

3 years 7 months

Hanover, Germany

Jul 1986 - Dec 2000

14 years 6 months

Expert in building and optimizing all controlling processes & KPIs (production, logistics, procurement, IT, finance, HR), delivering significant cost savings
Project/program manager for digitalization projects (ERP rollout, automations, BI tools)
Trusted sparring partner to C-level in performance management, investment strategy & risk management
Conducting forecasts, monthly, quarterly & annual closings with ad hoc analyses