Stefan Broscheid - Group Controlling (VP)

Singapore, Singapore

Experience

Jan 2016 - Present

8 years 7 months

Singapore, Singapore

Leading the controlling team with 5 direct reports and managing various projects
Controlling of areas: production, logistics, procurement, IT, R&D, finance, HR, legal, global BI including implementation of tools & processes
Responsible for monthly reporting (according to IFRS) including variance analysis, as well as forecasting and annual planning/closing for the aforementioned areas
Specifically further development of production controlling including project management for cost and performance optimization
Investment controlling including profitability analyses
Continuous push of controlling-driven digitization 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 reduction of reporting time by 1 day
Organization of the financial flow for relocation of a logistics hub from the USA to Mexico including establishment of a new finance department
Successful roll-out of a shared service center finance to WIDEX companies (31) – cost savings of EUR 8m over 4 years
Development of a management information system for all relevant performance KPIs for 100+ companies within 12 months
Implementation of planning software JEDOX for all companies (>100) resulting in shortening of the planning process by 4 weeks

Apr 2011 - Jul 2016

5 years 4 months

Aalen, Germany

Coordinating the quarterly forecast, annual planning and medium-term planning for the business division including cash flow planning with 7 direct reports
Project lead for various transformation projects in the finance organization
Development and introduction of procurement controlling in SAP resulting in annual savings of approx. EUR 10m
Monthly reporting (according to IFRS) including variance analysis for group & owners
Establishment and implementation of an R&D controlling with special focus on capitalization of development costs according to IFRS and performance monitoring of new product developments
Point of contact for auditing firms

Aug 2004 - Mar 2011

6 years 8 months

Dornbirn, Austria

Ensuring monthly reporting according to IFRS and internal standards by the 8th working day
Building a finance team in a newly founded production company in Romania, implementing SAP-FI
Introduction of Lean Six Sigma reporting
Promotion from Head to Director (01/2009)

Jan 2001 - Jul 2004

3 years 7 months

Hanover, Germany

Jul 1986 - Dec 2000

14 years 6 months

Expert in setting up and optimizing all controlling processes & metrics (including production, logistics, procurement, IT, finance, HR) with realization of significant cost savings
Project/program manager for digitization initiatives (ERP rollout, automations, BI tools)
Sparring partner to C-level in performance management, investment strategy & risk management
Execution of forecasts, monthly, quarterly & annual financial statements with ad hoc analyses