Interim Management Finance & Controlling

Interim management and business support for companies: commercial management, controlling and reporting, business planning and analysis, internal and external accounting (German GAAP), working capital optimization and financing.

References interim projects (excerpt):

Project management / controlling of the large projects division (construction) for over 4 years (manufacturing company specializing in rope, lifting and construction technology, >1,000 employees)

• Managed carve-out of a business division, focusing on processes, tax and legal issues
• Ongoing reporting, strategic planning and forecasting for the sub-group in Excel and Lucanet
• Optimized reporting and established relevant KPIs
• Investment controlling including transition from HGB-II to Lucanet and training of a junior controller
• Set up liquidity planning for an international sub-group
• Ad-hoc analyses such as hourly rate calculations, profitability analyses, support during annual financial statements

Controlling of foreign subsidiaries and support for group controlling for 9 months (technology group including energy, medical technology, >500 employees)

• Annual planning and forecasts of foreign subsidiaries
• Created liquidity planning, regularly updated forecasts
• Converted local accounting to German GAAP
• Intercompany transfer prices: determination and documentation
• Ongoing controlling and reporting of subsidiaries including partial consolidation

Project management for winding down a business division and relocating headquarters for 12 months (trading and service group in recycling, >1,000 employees)

• Wound down a discontinued business division: sale of subsidiaries, real estate, land
• Coordinated headquarters relocation abroad, including legal, tax and operational issues

Acting director of finance and controlling at a production site for 6 months (technology group, medical technology, >1,000 employees)

• Coordinated monthly, quarterly and annual financial statements (HGB/IFRS), liaised with auditors
• Regular and ad-hoc reporting, KPI monitoring, forecasting of exposure and cash position
• Prepared plan vs. actual comparisons and profitability calculations, derived recommendations for management
• Interface with central finance, accounting and logistics departments, advised managers on cost accounting and financial matters
• Led a team of 3 employees

Commercial oversight during preliminary insolvency and continuation through insolvency for over 1.5 years (machinery manufacturing, photovoltaics, ~80 employees)

• Commercial lead in preliminary insolvency, evaluated options: closure, continuation and sale
• Inventory and valuation of assets, tight liquidity management
• Took over management, controlling and liquidity management during continuation
• Provided business support to the insolvency administrator in preparing the sale of the company

Interim management: took on the roles of commercial manager and controller for 12 months (special machine manufacturing, ~130 employees)

• Optimized and continued management reporting including P&L and cash forecast to managing directors and shareholders
• Negotiated with banks to improve terms and increase credit lines
• Error analysis and correction of the ERP system in inventory valuation and process optimization

Restructuring, financing, planning & strategy.

• Led complex restructuring projects focusing on finance, planning and strategy and ensured adequate financing
• Built industry expertise in renewable energies
• Trained the M&A team in integrated financial planning
• Managed business relationships with savings banks and private banks

Group financial statements, group controlling, tax law.

Project controlling, controlling seminars for managers.

Environmental assessments, landscape plans.