Lance Hinrichsen

President at IDA - Independent Distributors Association
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Contact Information
us****@****om
(386) 825-5501
Location
Rangeville, Queensland, Australia, AU
Languages
  • English Full professional proficiency
  • Afrikaans Professional working proficiency

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Experience

    • United States
    • Machinery Manufacturing
    • 1 - 100 Employee
    • President
      • Nov 2021 - Present

    • Vice President
      • Oct 2019 - Nov 2021

    • Director
      • Oct 2017 - Oct 2019

    • Australia
    • Machinery Manufacturing
    • 1 - 100 Employee
    • General Manager
      • Mar 2017 - Present

    • Director
      • Aug 2012 - Feb 2017

      • Strategic establishment and growth planning - start-up and going concerns • Change Management modelling and implementation • Enterprise valuation and exit planning • Financial management and reporting • Feasibility review - National licensing and franchise agreements • Capital asset funding • Strategic establishment and growth planning - start-up and going concerns • Change Management modelling and implementation • Enterprise valuation and exit planning • Financial management and reporting • Feasibility review - National licensing and franchise agreements • Capital asset funding

    • General Manager
      • Jun 2015 - Jul 2016

      High-end and Residential Investment Builder Summary: • Overall profitability of the business • Hiring and managing the performance of the staff to create and maintain a positive and productive workplace • Overseeing and engagement of suppliers of both material and labour. This includes negotiation to ensure best pricing and terms • Managing all departments in the business comprising:  - Site Supervisors  - Construction Admin (sales contracts to handover)  - Drafting  - Estimating  - Accounts  - Property Management (including maintenance obligations)

    • Operations Manager
      • Nov 2011 - Jun 2015

      Import (Asia and Europe), Wholesale, Export (Australia and South Pacific), Retail and Franchisor Summary: • Group finance and accounting comprises the following:  Tile Concepts – Import / Wholesale / Export  Tile Direct – Franchise retail chain (independently owner operated)  Tile Direct Christchurch – Wholly owned franchise retailer  Naturally Tiles – Indent retailer • Import stock holding analysis and forecasting • Distribution logistics • Forwarding and clearing management (Asia and Europe) • Annual budgeting • Cash flow forecasting • Stakeholder management national and international • Supply chain management • Board level strategic planning Achievements: • Implemented annual budgeting program with measured KPI’s • Established Melbourne for Ryman Healthcare (Australia) contract • Formulated foreign currency hedging policy to protect costing objectives • Converted sub 5% FY12 growth to 29% FY13 and 25% FY14 (16% budgeted for FY15) • Stabilised indirect expenses below 20% of sales

    • Operations Manager
      • Feb 2008 - Oct 2011

      Earthmoving Equipment (Hyundai, Doosan, Airman, Hamm) Sales, Hire, Service, Parts Summary: • Managed administration South Island (Head office and multiple branches) • HR management • Managed mechanical department • Budgets control • Branch reporting • Operational work flows • Job costing and invoicing • Fixed asset valuation and reconciliation • Fleet management and utilisation • Inventory system control • South Island branch manager presentations • IT • Health and safety Achievements: • Developed and implemented business strategies (operational planning, monitoring and reporting) • Designed operational systems and processes • Completed operational policy manuals and conducted group training • Development internal warranty procedures

    • Motor Vehicle Manufacturing
    • 200 - 300 Employee
    • Financial/Admin Manager
      • May 2003 - Dec 2007

      Motor Industry Passenger, Commercial and Trucks Sales, Service and Parts Summary: • Finance and Accounting (Toyota SA and McCarthy Group) for multiple sites • Managed administration (13 staff) • IT • Stakeholder management (banks, insurance, supply chain) • Customer relations • Sales Achievements: • Mentored and created opportunities for numerous staff to achieve their personal objectives • Chair disciplinary hearings • Staff appointed chair of the equity committee

Education

  • University of Canterbury
    Master of Business Administration (M.B.A.), Business Administration, Management and Operations
    2012 - 2014
  • Varsity College
    Diploma, Financial Accounting
    -

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