Lance Hinrichsen
President at IDA - Independent Distributors Association- Claim this Profile
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English Full professional proficiency
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Afrikaans Professional working proficiency
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Bio
Experience
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IDA - Independent Distributors Association
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United States
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Machinery Manufacturing
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1 - 100 Employee
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President
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Nov 2021 - Present
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Vice President
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Oct 2019 - Nov 2021
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Director
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Oct 2017 - Oct 2019
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Tilly's Crawler Parts
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Australia
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Machinery Manufacturing
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1 - 100 Employee
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General Manager
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Mar 2017 - Present
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Director
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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
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General Manager
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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)
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Operations Manager
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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
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Operations Manager
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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
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McCarthy Toyota
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Motor Vehicle Manufacturing
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200 - 300 Employee
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Financial/Admin Manager
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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
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Education
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University of Canterbury
Master of Business Administration (M.B.A.), Business Administration, Management and Operations -
Varsity College
Diploma, Financial Accounting