LucaNet Experts in Germany

Asset of GPP (Private Equity)

• B2B, Provider of cooled packaging solutions for the pharmaceutical industry
• €20m in revenue, 50 employees, 2 locations

Responsibilities:

• Responsibility for all commercial and financial activities
• Establishment of a finance and reporting structure
• Carve-Out / Post-closing transition management

Achievements:

• Preparation of investor reporting package (sales, financials, cash) using Power BI
• Development of a sales funnel
• Business process redesigns and implementation of regular business reviews

• Independent training in travel expense accounting (Egencia, Perk, AirPlus)
• Interface management between travel expense tools
• Onboarding and offboarding of employees and vendors
• Advising teams on posting incoming and outgoing invoices
• Documentation and process improvement

• Leadership, management, and further development of an accounting team with nine employees
• Responsibility for the preparation, analysis, and quality assurance of monthly and annual financial statements according to HGB
• Ensuring structured intercompany reconciliation and minimizing reconciliation risks using LucaNet
• Coordination of annual closing work and audit preparation while meeting CFO deadlines
• Optimization of accounting processes in the SAP S/4HANA environment in close

• Independently manage financial accounting
• Prepare monthly, quarterly, and annual financial statements according to HGB and IFRS
• Create monthly reports
• Prepare booking documents and calculate provisions
• Submit VAT advance returns, annual tax returns, and summary reports
• Consolidate all relevant financial data from multiple entities in SAP BYD
• Optimize AP and AR processes
• Manage general ledger and fixed asset accounting
• Serve as direct contact for internal and external finance topics
• Prepare monthly forecasts, intercompany and account reconciliations
• Manage accounts payable, accounts receivable, and bank accounting
• Submit factoring reports to banks
• Provide cash flow report to the CFO
• Train new finance staff
• Prepare and ensure compliance with financial statements
• Liaise with auditors and tax advisors

• Controlling project work: implementation of customer quotation calculation and development of a trading and forward calculation for sales
• Development of a cost of goods manufactured calculator
• Theoretical design and practical implementation: temporary Excel-based solution introduced quickly; embedding into INFOR LN and creation of the requirements specification
• Majority of project management using modern tools (Loop, Jira, Excel, PowerPoint)
• Regular reporting on quotes submitted (contribution margin 1 and full cost coverage) and comparison with post-calculation

• Acting as project controller for the STEAM sub-project within Iqony's long-term modernisation programme for an industrial water demineralisation plant at the BP refinery site in Gelsenkirchen-Scholven alongside the parallel WATER sub-project
• Managing cost control, SAP PS data integrity and project tracking in a challenging data environment

• Process optimization, process design
• Business partnering, target vision
• Teambuilding
• Workflow design
• Budget, MEC
• SAP S4/Hana, Board

• Designing and implementing SAP CO-OM and CO-PA at the Karlsruhe site
• Designing and implementing CO-MA
• Supporting the design and rollout of EC-PCA profit center accounting
• Supporting the SAP S/4HANA Bluefield implementation for two company codes
• Capturing and documenting processes
• Creating training materials
• Training employees

• Investor meetings, investor relations for NYSE listing
• Enhanced reporting and compliance structures, cost controlling
• Post-merger integration
• Implementation of LucaNet
• Financing negotiations with banks
• Global responsibility for 25 employees in six countries
• Positive net cash position and decreasing NWC (-40%) with rising revenues
• Significantly reduced cash outflow
• Initiated profitability and restructuring projects, introduced capex guidelines
• Built hedging line, implemented ABS program, extended bank financing

• While running FP&A processes, initiated and implemented changes therein, improving depth, speed, and accuracy: performance analysis; monthly reporting to the shareholders; forecasting/estimating; annual planning/budgeting
• Quantified and formulated a strategic plan for the Group
• Provided insights leading to operational and strategic decisions
• Ensured timely progress in strategic projects
• Corporate Finance
• Data Analytics
• Presentation/Pitching
• Stakeholder Management
• Strategic Planning / Budgeting

• Bridging the Head of Finance position until it was filled again
• Use of SAP R/3
• Hybrid working model
• 10% English

• Special topics such as IFRS 9 / posting of complex syndicated loans
• Accounting for 2 subsidiaries

Focus areas: Knowledge transfer, reporting, cost analysis Responsibilities

• Ensuring knowledge transfer from the departing controller
• Documentation of key controlling processes
• Operational controlling (liquidity planning, reporting)
• Simplification of the cost center structure to improve cost analysis Results
• Transparent knowledge transfer and sustainable documentation of controlling processes
• Improved cost analysis and more efficient reporting

• Climate solutions, approx. 14,800 employees, approx. €3.9 billion revenue
• Led and managed the carve-out of Viessmann Climate Solutions from the Viessmann Group into the publicly traded US group Carrier Global Corporation
• Responsible for adapting and converting monthly, quarterly, and annual financial statements to US GAAP, including group reporting to Carrier Group
• Further developed, restructured, and optimized group reporting, commercial processes & structures; implemented Fast Close & Power BI; and developed and coached finance departments