Torsten Keßler

Management Consultant

Berlin, Germany
Experience
Jul 2008 - Present
17 years 1 month
Berlin, Germany

Management Consultant

Self-Employed

International staffing company (> 7,000 employees) based in Germany: Project lead for optimizing, automating and digitizing finance and accounting processes

  • Analyzed current processes for optimization potential, focusing on automation and digitization
  • Developed target finance processes including evaluating digitization and automation solutions
  • Supported vendor selection for digitization and automation, including:
  • Digitizing the Purchase to Pay process
  • Processing unstructured finance and HR documents with AI solutions to automate finance and DMS processes

International food manufacturer (> 100 employees) based in Germany: Project lead Finance, building invoicing system for the company’s online shops

  • Analyzed invoicing requirements aligned with target ERP (e.g. SAP) and online shops
  • Regularly coordinated with finance and IT as the lead for implementing the invoicing system
  • Clarified open finance issues related to the existing and target invoicing systems

Renewable energy company (wholesale and installation) (100 employees) based in Germany: Team Lead Finance for ERP rollout of Microsoft Business Central

  • Main contact for CFO, COO, finance team and ERP project team on all finance questions related to ERP
  • Analyzed, designed and supported process optimization in general ledger, accounts payable, accounts receivable and asset accounting
  • Designed finance digitization focused on accounts payable (P2P process)
  • Supported go-live and hypercare for finance and other areas (purchasing, warehousing & logistics, sales) on finance data, structures and processes

International high-tech company in urban air mobility (800 employees) based in Germany: Project lead for optimizing and digitizing finance and accounting

  • Analyzed current organization, focusing on digitization and automation level of finance processes
  • Developed optimized finance processes, focusing on improving Microsoft Business Central and selecting additional digitization tools
  • Supported rollout of optimized processes and tools

International trading company in drones and counter-drone systems (30 employees) based in Germany: Project lead for development and support of financing for growth and global market entry

  • Identified capital needs based on strategy
  • Developed financing strategy, focusing on equity and guarantees from funding agencies
  • Supported financing, including refining business plans and discussions with agencies and banks

International cybersecurity company (80 employees) based in Germany: Project lead Finance optimization / Interim Head of Finance and Accounting

  • As interim head, ensured ongoing bookkeeping, supported month-end closing, coordinated closely with tax advisor
  • Analyzed existing business plans, processes and accounting and controlling structures
  • Developed and implemented optimized finance and accounting processes, including selecting tools to increase end-to-end digitization (e.g. upstream systems like Stripe and downstream systems like data warehouse)
  • Developed and implemented product and division-level controlling tools
  • Updated the business plan

WNS Global Services (Finance Outsourcing) (> 40,000 employees) based in India: Project lead market entry strategy for DACH region

  • Developed market entry strategy for Germany, Austria and Switzerland
  • Identified marketing and sales partners per country and region-wide
  • Built and launched direct marketing activities for DACH from India HQ
  • Identified DACH-specific outsourcing requirements (onshore/nearshore split)
  • Supported initial DACH proposals arising from direct marketing activities

ThyssenKrupp AG (> 150,000 employees, DAX30) based in Germany: Project lead provider selection for finance process outsourcing

  • Analyzed provider offers and improved proposal documents for better commercial terms
  • Standardized finance processes for outsourcing and developed process documentation
  • Supported negotiation processes with providers, including on-site talks in India

Oranienburg municipal utilities (> 100 employees) based in Germany: Stream lead for digital process organization and optimizing finance organization

  • Designed and built digital process organization across leadership, core and support processes
  • Evaluated and selected an integrated management system to map processes
  • As part of digital strategy, evaluated process mining solution and analyzed existing ERP data structures

Service company (> 300 employees) based in Germany: Project lead process management for goods procurement and digitizing retail processes

  • Analyzed and optimized goods management processes between wholesale and retail
  • Rolled out optimized goods procurement process
  • Developed digitization strategy for ordering, listing management, field support and invoicing through accounts receivable for retail division

Tele Columbus AG (> 1,000 employees) based in Germany: Project lead finance and accounting for Oracle ERP rollout as group-wide system

  • Analyzed requirements and optimization potential for finance and accounting in ERP rollout
  • Defined target finance processes based on optimization potential and ERP requirements
  • Supported creation of functional specs and requirements for accounting teams
  • Independently led subprojects to digitize manual processes in Oracle ERP: analyzed current processes, defined target processes and supported rollout

Karstadt AG (> 10,000 employees) based in Germany: Subproject lead for building accounting after carve-out

  • Defined accounting organization separate from upstream and downstream areas
  • Designed process flow including process and ERP interfaces (Microsoft Dynamics 365 Finance & Operations)
  • Supported ERP implementation, including test definitions and execution
  • Reviewed cost-benefit and supported outsourcing of invoice processing

REWE eG (> 100,000 employees) based in Germany: Subproject lead for financial reporting and controlling in ERP migration

  • Analyzed internal and external reporting and controlling requirements along supply chain: domestic and international purchasing, warehouse operations (on-site, cross-docking, drop shipping), sales
  • Developed reporting and controlling design in target ERP
  • Supported rollout in close coordination with IT consultants

Service company (> 2,000 employees) based in Germany: Project lead benchmarking and optimization of accounting and debt collection outsourcing

  • Analyzed current accounting organization
  • Designed optimized accounting organization for efficiency and staffing
  • Supported rollout of the new accounting structure
  • Assessed cost-benefit of outsourcing debt collection
  • Supported outsourcing process (criteria catalog, long & shortlist, decision support)
  • Supported negotiations with outsourcing providers up to contract review

Adidas AG (DAX 30) based in Germany: Subproject lead change management, business process optimization and test planning in international ERP project

  • Mapped current business processes in a division, identified optimization potential and designed and implemented new processes
  • Planned go-live user testing and supported test creation

Top 3 franchise company based in Germany: Acting Head of Finance

  • Led finance and accounting
  • Prepared month-end closing, monthly reporting and annual financial statements
  • Reported key metrics monthly to shareholders
  • Revenue forecasting and cash/liquidity planning
  • Managed 5 staff

Project lead for:

  • Outsourcing accounting to an external provider
  • Building controlling and reporting processes for franchise sales, franchise marketing, end-customer marketing and franchise operations
  • Designing and implementing controlling and reporting structures for franchisee KPIs
Jul 2006 - Jun 2008
2 years
Berlin, Germany

Associate Partner

ACENT AG

Controlling

Logistics provider (> 1,000 employees) based in Germany: Project lead:

  • Optimized/introduction of project and portfolio management
  • Reviewed and modeled project and portfolio management processes
  • Adjusted underlying project organization

Logistics provider (> 1,000 employees) based in Germany: Project lead:

  • Optimized and automated group reporting
  • Improved content and structure of group reporting
  • Designed group reporting implementation in SAP BW

Logistics provider (> 1,000 employees) based in Germany: Subproject lead:

  • Built controlling after service function carve-out
  • Designed and implemented controlling organization and processes
  • Built reporting structure to manage the carved-out business
Oct 2005 - Jul 2006
10 months
Berlin, Germany

Management Consultant

Self-Employed

Multiple manufacturing and energy companies based in Germany:

  • Developed financing strategy for mid-sized firms (e.g. new glass plant site, meat processing expansion), focusing on business plan, bank presentations and financing strategy
  • Checked eligibility for funding under EU and national programs
  • Planned and supported commercial setup of companies/sites
  • Advised on legal form and supported GmbH formation
  • Built administrative processes (controlling, finance and accounting)
  • Selected financial software systems
Apr 2005 - Sep 2005
6 months
Berlin, Germany

Managing Consultant

Horváth & Partners

Strategic IT management consulting

Company in smart card manufacturing, test equipment and paper processing based in Germany: Subproject lead:

  • Conducted benchmarking of administrative processes (finance, accounting, controlling, HR, legal)
  • Derived target objectives based on benchmarking results
  • Initiated first cost reduction measures in the reviewed areas
Sep 1998 - Mar 2005
6 years 7 months
Berlin, Germany

Senior Consultant

Capgemini

From 1998 to 2001 Senior Consultant at Gemini Consulting (merged legally into Capgemini in 2001), then Senior Consultant at Capgemini.

Finance & IT transformation

Mobile operator based in Germany: Subproject lead:

  • Identified IT cost savings potential:
  • Organizational and process efficiency optimization, focusing on project management, service delivery and service support
  • Benchmarked IT against peers
  • Developed optimized organization and processes
  • Designed and introduced new IT processes

Chemical company based in Germany: Project lead:

  • Defined, selected and implemented a BPO partner for finance processes, implemented controlling processes to manage the outsourcing partner

Telecom company based in Germany: Project lead:

  • Assessed organization of technical areas:
  • SWOT analysis and improvement potential in process organization
  • Developed optimization concept and prepared rollout
  • Rolled out new organization and implemented related IT processes
  • Implemented service management processes: SLAs, capacity and availability planning, service integration and creation

Energy company based in Germany: Project lead:

  • Optimized SAP BW organization in Solution Center Business Data Management
  • Analyzed optimization potential, developed quick wins, processes and support/admin concepts, and supported rollout

Swiss chemical and pharma supplier: Project lead:

  • Identified IT department optimization potential: organization, roles, processes, application landscape
  • Benchmarked IT against peers
  • Developed optimized IT organization with roles and responsibilities and aligned services to the new structure

Publishing company based in Germany: Subproject lead:

  • Audited commercial IT applications and systems for future adaptability
  • Developed IT strategy for commercial apps based on audit
  • Proposed migration strategies to implement IT strategy

German automaker: Subproject lead:

  • Developed business case for "e-Business strategy" project, aligned with vehicle development, supply chain, CRM and internal processes subprojects

German motorcycle manufacturer: Subproject lead:

  • Developed business case for "cost structure optimization in development, production, sales and administration" project

Mid-sized consulting, systems and integration firm: Project lead:

  • Prepared and led leadership workshop on future positioning in IT and management consulting
  • Supported product/project portfolio development for strategic positioning

Swiss chemical and pharma company: Subproject lead:

  • Optimized administrative processes (finance, controlling, IT and general services) at HQ and European branches
  • Evaluated a shared service center for Europe and HQ

German aluminum processor: Subproject lead:

  • Optimized finance and accounting processes: analyzed current, designed and aligned optimized processes, supported rollout
  • Evaluated cost/benefit of a shared service center for European finance and accounting

Major European postal market provider: Subproject lead:

  • Introduced optimized asset accounting processes and reorganized finance and accounting
  • Prepared decision on integrating asset accounting into eight national accounting shared service centers
  • Supported internal project to reflect organizational change in finance and accounting
  • Subproject lead for reflecting the change in the ERP system (SAP R/3)
Sep 1994 - Aug 1998
4 years
Berlin, Germany

Consultant

KPMG

Information Risk Management

Diversified group with three business units based in Germany:

  • Optimized accounting processes and developed and implemented a group-wide chart of accounts
  • Supported client in developing a long-term IT strategy
  • Developed and implemented controlling and budgeting tools, including software selection
  • Integrated cash management tool with finance ledger and optimized payroll interface to finance ledger

Telecom company based in Germany: Acting Head of Finance and Accounting:

  • Managed 20 staff
  • Prepared month-end closing and monthly reporting
  • Optimized accounting workflows and led controlling projects with the controlling department
Sep 1994 - Aug 1998
4 years
Berlin, Germany

Auditor

KPMG

Information Risk Management

  • Audited individual and group financial statements of mid-sized and large corporations
  • Conducted fraud audits in internet/electronic commerce
  • Checked for misuse of company accounts and improper contract terms
  • Used conventional research methods and internet research
Summary

Over 25 years of work experience, including 21 years in management consulting. Additional 4 years of experience in auditing and audit-related advisory.

Areas of expertise:

  • Optimization of business processes, especially finance and accounting processes, creating business plans and conducting benchmarking projects
  • Digitization of finance and accounting processes in purchasing (P2P), sales (O2C), general ledger and controlling, asset accounting, monthly and annual closing and other finance-related processes (e.g. HR, operations)
  • Building controlling structures and processes, especially KPI systems, group reporting, project and IT controlling in automotive companies
  • Designing and implementing finance and accounting processes and structures considering ERP requirements (e.g. SAP, Oracle ERP, Microsoft Dynamics 365 Business Central and Microsoft Dynamics 365 Finance & Operations)
  • Negotiation and professional review of contracts for general service providers and outsourcing of finance and accounting processes
Languages
German
Native
Education
Oct 1988 - Jun 1989

Georg-August University

Physics · Göttingen, Germany

Georg-August University

Diplom-Kaufmann · Business Administration · Göttingen, Germany · with distinction

Jugenddorf Christophorus School

Abitur · Bad Zwesten, Germany

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