Experience

Innovative Hearth Products

• Manufacturing
• 1 - 100 Employee

• Vice President of Finance

  • Nov 2022 - Present

  o Direct, prepare, and report monthly on the consolidated Financials (P&L, NWC, FCF) o Prepare the annual budget and monthly/quarterly financial forecasts (P&L, NWC, FCF) and analyze deviations to Actual performance o Oversee Project Controlling by vetting Project revenue, cost, and return (profitability) calculations o Established and manage monthly Plant Financials preparation and review for more transparent analysis and strategic considerations (plant contribution) o Manage Bank… Show more o Direct, prepare, and report monthly on the consolidated Financials (P&L, NWC, FCF) o Prepare the annual budget and monthly/quarterly financial forecasts (P&L, NWC, FCF) and analyze deviations to Actual performance o Oversee Project Controlling by vetting Project revenue, cost, and return (profitability) calculations o Established and manage monthly Plant Financials preparation and review for more transparent analysis and strategic considerations (plant contribution) o Manage Bank relationships with monthly covenant reporting, liquidity tracking and forecasting, state-of-business meetings, and quarterly audits o Direct, prepare, and consolidate the annual budget and quarterly financial forecasts, and analyze deviations to actual performance o Hands-on managing of day-to-day Plant operations specifically in terms of Plant Direct Labor efficiency planning to reduce under-absorption and scheduling to manage profitability (mix) o Lead the company’s corporate Finance Functions incl. Accounting, Controlling, Treasury, Human Resources, and IT with a staff of 32 o Oversee the Treasury function and manage weekly liquidity planning o Currently working on establishing an internal control framework from scratch

• Treasurer

  • Sep 2013 - Nov 2022

  o Lead projects from proposal through postmortem, assessing problems, proposing high-impact solutions, and executing them against a set of success criteria. o Extensive experience in leading and closing quarterly bank audits, M&E valuations, inventory valuations, yearly financial audits, sales & use tax audits, and property tax audits. o Review and analyze insurance coverage for yearly renewal and secure cost savings o Manage compliance with tax requirements and reporting (income… Show more o Lead projects from proposal through postmortem, assessing problems, proposing high-impact solutions, and executing them against a set of success criteria. o Extensive experience in leading and closing quarterly bank audits, M&E valuations, inventory valuations, yearly financial audits, sales & use tax audits, and property tax audits. o Review and analyze insurance coverage for yearly renewal and secure cost savings o Manage compliance with tax requirements and reporting (income, payroll, sales- and use tax, property), internal and external Audits, function as Compliance office for U.S. Legal entity, direct quarterly Risk Management reporting o Analyze and review product cost on the SKU level to project budgets and highlight significant deviations o Lead preparation of all Balance Sheet Reconciliations and review with Group Controlling o Prepare calculations for CAPEX IRR and present for approval, manage CAPEX project budget and tracking o Finance liaison for internal and external audits, Payroll, continuous improvement projects, Tax CPA