Achievements
VISIBLE RESULTS
With a structured planning / preparation approach and a straight forward implementation,
I am supporting you until you will achieve the expected results.
Take a look at my previous projects and contact me if you have any questions.
OPTIMIZED CAPITAL SETUP
This project is a good example of how, in the interests of my client, I maintain good contact with banks through transparency and reliability. Due to the COVID-19 pandemic, business slumped to 20% of planning within a week. The main focus here was on securing a significant syndicated loan through transparent IST reporting of the agreed covenants - key figures and a newly implemented forecast.
CORPORATE MERGERS&ACQUISITIONS
TAX MANAGEMENT
This project enabled the company to optimize the input tax refund processes between Italy and other EU member states in such a way that input tax claims (especially against the Italian tax authorities) were reduced to a minimum. This led to a cash flow improvement in the mid two-digit million range.
Would you like to find out more? Call me!
EFFICIENCY IN FINANCIAL PROCESSES
From due diligence to acquisition and integration, everything from one source.
Sale of a smaller production unit to an industrial investor: This company has been thriving for more than 10 years and proves that if a company is carefully sold, a production company can also be competitive in Germany.
Sale of our own global business unit to a Taiwanese group: the tight deadlines were met. After the sale, I set up the necessary structures (auditors, tax consultants, banks, etc.) and adjusted the financial processes to the new parent company. At that time the group had no other companies in Europe.
Acquisition of an automotive supplier from a US group and integration into our global business group. This purchase was made during the automotive crisis at the most favorable terms and therefore had to be made quickly. The integration thereafter was slow at first, but was extremely successful in the end thanks to a new approach.
If you are interested, I would be happy to discuss these projects in more detail.
In the automotive industry, due to strong competition and the associated cost pressure, continuous cost reduction measures are required, also in financial processes and their interfaces to other departments.
In addition to the conversion from the cost of sales method to the total cost method, the monthly closing was reduced from 12 working days to 4 working days (almost close), and that with a capacity reduction in the finance area of 35%.
Excellent economies of scale can be achieved particularly when setting up shared service centers, provided that the organization and processes of a shared service center are well prepared. Then a transfer of work and responsibility can take place as smoothly and according to plan as possible. However, small omissions can result in large delays. This can have a noticeable negative effect on relocation costs, organizational costs and transaction costs. I would be happy to support you in avoiding mistakes and keeping everyone involved/affected motivated.