Michael Stephan
Senior Director, Finance & Accounting at Keyline S.p.A.- Claim this Profile
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Experience
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Keyline S.p.A.
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Italy
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Industrial Machinery Manufacturing
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1 - 100 Employee
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Senior Director, Finance & Accounting
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Feb 2023 - Present
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VLS
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Cosmetics
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Director of Accounting and Finance/Controller
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Jul 2022 - Dec 2022
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The Karcher Group
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United States
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Advertising Services
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1 - 100 Employee
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Chief Financial Officer
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Nov 2019 - Dec 2021
With this company, I served as senior leadership for all financial and accounting functions, where I orchestrated long-term financial planning and strengthened Karcher Group's liquidity, profitability, cash positioning, and capital structure. Some key accomplishments in this role include: • Reduced month-end close time from 15 to four days by optimizing processes and procedures that still ensured fiscal accuracy. • Decreased corporate debt by 85% by utilizing appropriate financial… Show more With this company, I served as senior leadership for all financial and accounting functions, where I orchestrated long-term financial planning and strengthened Karcher Group's liquidity, profitability, cash positioning, and capital structure. Some key accomplishments in this role include: • Reduced month-end close time from 15 to four days by optimizing processes and procedures that still ensured fiscal accuracy. • Decreased corporate debt by 85% by utilizing appropriate financial systems, tools, and other resources that supported all of the financial planning, management, and reporting needs of organization. • Conferred with President and COO to translate business requirements into actionable solutions for performance and growth, driving integration of company-wide goal setting and annual operating planning. Show less With this company, I served as senior leadership for all financial and accounting functions, where I orchestrated long-term financial planning and strengthened Karcher Group's liquidity, profitability, cash positioning, and capital structure. Some key accomplishments in this role include: • Reduced month-end close time from 15 to four days by optimizing processes and procedures that still ensured fiscal accuracy. • Decreased corporate debt by 85% by utilizing appropriate financial… Show more With this company, I served as senior leadership for all financial and accounting functions, where I orchestrated long-term financial planning and strengthened Karcher Group's liquidity, profitability, cash positioning, and capital structure. Some key accomplishments in this role include: • Reduced month-end close time from 15 to four days by optimizing processes and procedures that still ensured fiscal accuracy. • Decreased corporate debt by 85% by utilizing appropriate financial systems, tools, and other resources that supported all of the financial planning, management, and reporting needs of organization. • Conferred with President and COO to translate business requirements into actionable solutions for performance and growth, driving integration of company-wide goal setting and annual operating planning. Show less
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Western Reserve Chemical Corporation
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United States
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Chemical Manufacturing
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1 - 100 Employee
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Corporate Controller
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Feb 2014 - Nov 2019
With this company, I served as key decision maker, where I authorized all accounts, ledgers, and reporting systems, certifying compliance with appropriate standards and regulatory requirements. Some key accomplishments in this role include: • Reduced outstanding corporate debt by 75% by integrating cash management tools. • Instituted policies, processes, and procedures to ensure accuracy and timeliness of reporting, effectively streamlining workflow within the department and… Show more With this company, I served as key decision maker, where I authorized all accounts, ledgers, and reporting systems, certifying compliance with appropriate standards and regulatory requirements. Some key accomplishments in this role include: • Reduced outstanding corporate debt by 75% by integrating cash management tools. • Instituted policies, processes, and procedures to ensure accuracy and timeliness of reporting, effectively streamlining workflow within the department and reduced monthly close to five days. • Collaborated with President to analyze business conditions, transforming findings into key components for implementation of new business practices that complied with financial requirements and overall company strategy. Show less With this company, I served as key decision maker, where I authorized all accounts, ledgers, and reporting systems, certifying compliance with appropriate standards and regulatory requirements. Some key accomplishments in this role include: • Reduced outstanding corporate debt by 75% by integrating cash management tools. • Instituted policies, processes, and procedures to ensure accuracy and timeliness of reporting, effectively streamlining workflow within the department and… Show more With this company, I served as key decision maker, where I authorized all accounts, ledgers, and reporting systems, certifying compliance with appropriate standards and regulatory requirements. Some key accomplishments in this role include: • Reduced outstanding corporate debt by 75% by integrating cash management tools. • Instituted policies, processes, and procedures to ensure accuracy and timeliness of reporting, effectively streamlining workflow within the department and reduced monthly close to five days. • Collaborated with President to analyze business conditions, transforming findings into key components for implementation of new business practices that complied with financial requirements and overall company strategy. Show less
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The Goodyear Tire & Rubber Company
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United States
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Motor Vehicle Manufacturing
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700 & Above Employee
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Senior Accountant
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Oct 2011 - Nov 2013
With this company, I served as subject matter expert on accounting functions for Consumer Rebate programs amounting to $70M, where I monitored 25 accounts, amending any errors and ensuring compliance with GAAP. Some key accomplishments in this role include: • Composed reconciliation of Type 1 and Type 3 Consumer Rebate Programs across 25 balance sheet accounts. • Produced and distributed monthly reporting rebates to respective departments to determine necessity for changes in… Show more With this company, I served as subject matter expert on accounting functions for Consumer Rebate programs amounting to $70M, where I monitored 25 accounts, amending any errors and ensuring compliance with GAAP. Some key accomplishments in this role include: • Composed reconciliation of Type 1 and Type 3 Consumer Rebate Programs across 25 balance sheet accounts. • Produced and distributed monthly reporting rebates to respective departments to determine necessity for changes in program payouts. Show less With this company, I served as subject matter expert on accounting functions for Consumer Rebate programs amounting to $70M, where I monitored 25 accounts, amending any errors and ensuring compliance with GAAP. Some key accomplishments in this role include: • Composed reconciliation of Type 1 and Type 3 Consumer Rebate Programs across 25 balance sheet accounts. • Produced and distributed monthly reporting rebates to respective departments to determine necessity for changes in… Show more With this company, I served as subject matter expert on accounting functions for Consumer Rebate programs amounting to $70M, where I monitored 25 accounts, amending any errors and ensuring compliance with GAAP. Some key accomplishments in this role include: • Composed reconciliation of Type 1 and Type 3 Consumer Rebate Programs across 25 balance sheet accounts. • Produced and distributed monthly reporting rebates to respective departments to determine necessity for changes in program payouts. Show less
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Freeway Corporation
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United States
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Machinery Manufacturing
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1 - 100 Employee
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ASSISTANT CONTROLLER
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Dec 2010 - Oct 2011
With this company, I served as trusted analytical resource for VP of Finance, where I demonstrated oversight over all accounting and finance functions for $50M in assets across four locations in two countries. Some key accomplishments in this role include: • Spearheaded consolidation of five company financial statements. • Optimized Accounts Payable and enabled immediate cash access in accounts by integrating new technology system for check deposit processing. • Partnered with… Show more With this company, I served as trusted analytical resource for VP of Finance, where I demonstrated oversight over all accounting and finance functions for $50M in assets across four locations in two countries. Some key accomplishments in this role include: • Spearheaded consolidation of five company financial statements. • Optimized Accounts Payable and enabled immediate cash access in accounts by integrating new technology system for check deposit processing. • Partnered with VP of Finance, Accounts Payable, and Purchasing to evaluate and enhance purchase order process, effectively reducing lost revenue and improving payables turnaround time. Show less With this company, I served as trusted analytical resource for VP of Finance, where I demonstrated oversight over all accounting and finance functions for $50M in assets across four locations in two countries. Some key accomplishments in this role include: • Spearheaded consolidation of five company financial statements. • Optimized Accounts Payable and enabled immediate cash access in accounts by integrating new technology system for check deposit processing. • Partnered with… Show more With this company, I served as trusted analytical resource for VP of Finance, where I demonstrated oversight over all accounting and finance functions for $50M in assets across four locations in two countries. Some key accomplishments in this role include: • Spearheaded consolidation of five company financial statements. • Optimized Accounts Payable and enabled immediate cash access in accounts by integrating new technology system for check deposit processing. • Partnered with VP of Finance, Accounts Payable, and Purchasing to evaluate and enhance purchase order process, effectively reducing lost revenue and improving payables turnaround time. Show less
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Kent Adhesive Products Company
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United States
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Plastics Manufacturing
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1 - 100 Employee
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STAFF ACCOUNTANT
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Aug 2008 - Dec 2010
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Experient, Inc
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United States
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Business Consulting and Services
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1 - 100 Employee
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CASH APPLICATION SPECIALIST
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Apr 2006 - Aug 2008
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Education
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The University of Akron
Bachelor of Science, Business Administration/Finance