Stefan B. - Group Controlling (VP)

Singapore, Singapore

Experience

Jan 2017 - Present

8 years 8 months

Singapore, Singapore

Leading the controlling team with 5 direct reports and managing various projects
Controlling areas: production, logistics, procurement, IT, R&D, Finance, HR, Legal, Global BI including implementation 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 analyses
Continuous push of controlling-led digitalization initiatives along the entire supply chain
Strategic financial advisor for logistics, supply chain and material management functions including planning/cost forecasting
Implementation of a Power BI cube for inventory optimization resulting in approx. 6% increase in cash flow and a reduction of reporting time by 1 day
Organized the financial flow for relocating a logistics hub from the USA to Mexico, including building a new finance department
Successful roll-out of a Shared Service Center Finance to WIDEX entities (31) – cost savings of EUR 8 million over 4 years
Set up a management information system for all relevant performance KPIs for over 100 entities within 12 months
Implemented JEDOX planning software for all entities (>100) resulting in shortening the planning process by 4 weeks

Apr 2011 - Jul 2016

5 years 4 months

Aalen, Germany

Coordinated quarterly forecasting, annual planning and mid-term planning for the business unit including cash flow planning with 7 direct reports
Project lead for various transformation projects in the finance organization
Developed and implemented procurement controlling in SAP, achieving annual savings of around EUR 10 million
Monthly reporting (under IFRS) including variance analysis for the group & owners
Built and implemented R&D controlling with a special focus on capitalizing development costs under IFRS and performance tracking of new product developments
Key contact for auditing firms

Aug 2004 - Mar 2011

6 years 8 months

Dornbirn, Austria

Ensured monthly reporting under IFRS and internal standards by the 8th working day
Built a finance team in a newly established production company in Romania, implemented SAP-FI
Introduced 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 developing and optimizing all controlling processes & metrics (e.g. production, logistics, procurement, IT, Finance, HR) with significant cost savings realized
Project/program manager for digitalization initiatives (ERP rollout, automation, BI tools)
Sparring partner to C-level in performance management, investment strategy & risk management
Conducting forecasts, monthly, quarterly & year-end closings with ad hoc analyses