Sven Merkel
Equity - Partner at Executive Interim Partners- Claim this Profile
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German Native or bilingual proficiency
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English Native or bilingual proficiency
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French Professional working proficiency
Topline Score
Bio
Experience
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Equity - Partner
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2015 - Present
Interim Management with focus on high impact situations: Restructuring, Operational Improvement, Fund Raising, Program Management, Exit Preparation
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CFO
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Jun 2019 - Present
* Build a finance team* Set-up a new reporting structure, including PE-requirements* Implemented bottom-up budget process * Implemented factoring process* Strengthened internal controls
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Interim - CFO
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2017 - 20181 year
* Rebuilding the Finance Team* Optimizing working capital by implementing rigorous debt collection process* Run a company wide efficiency program (Euro 5m)* Manged 2 Financing rounds
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Interim - PMO
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2016 - 20171 year
* Identified work programs (40) to increase revenues and decrease costs* Managed teams so these programs get implemented on time and with the expected results* Main focus on working capital optimisation, procurement and cost saving * Prepare company for exit
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Interim CRO
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2016 - 2016less than a year
* Restructured and reduced Opex (-30%)* Carve-out of Business in Romania. * Developed and received approval from ProSieben.Sat1 Board of new Marketing Strategy
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Group CFO
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2010 - 2015 5 years , Geneva and Luxembourg , * Conduct a major restructure and cost-cutting cycle which led to reductions of over 50% of OPEX * Member of Board of Directors in 3 subsidiaries with full finance operational responsibility* Roll-out of ERP-system across all European affiliates increasing reporting accuracy * Implementation of consolidated operational Business Plan, and performance monitoring vs. Plan * Year-end closing co-ordination for 5 European, 2 Asian and 3 Russian entities within 3 months * Set-up… , * Conduct a major restructure and cost-cutting cycle which led to reductions of over 50% of OPEX * Member of Board of Directors in 3 subsidiaries with full finance operational responsibility* Roll-out of ERP-system across all European affiliates increasing reporting accuracy * Implementation of consolidated operational Business Plan, and performance monitoring vs. Plan * Year-end closing co-ordination for 5 European, 2 Asian and 3 Russian entities within 3 months * Set-up of tax efficient group cash-pooling, improving net wealth tax and interest margin
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CEO ad interim
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2012 - 2012 less than a year , Geneva Area, Switzerland , * Rebuilding management team through clear communication and motivation* Restructuring of key positions and departments to align costs to Budget* Increased efficiency of management team by applying management by objectives and coaching
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CFO
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May 2006 - Apr 2010
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Consultant (interim)
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2006 - 2006less than a year
* Due Diligence for a go-private integration of an industrial coffee machine maker in Germany.
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CFO
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2004 - 20062 years
* Develop and present Business Plan and won major investors through fund raising process* Implementation of lean Finance & Administration Function supporting 4 countries* Select and successfully implement new ERP software (SAP Business One)* Rigorous Cash-flow management and reporting implemented
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Project Manager Investment Controller (Interim Management)
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2003 - 2003less than a year
* Developing and implementing a driver based investment evaluation process* Create Reports showing different dimensions combined with financial and non-financial KPI* Form and coach a new investment controlling team
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Head of Controlling
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1998 - 20035 years
* Successfully helped management to create a control environment which comforted the shareholder and at the same time ensured a quick growth of the business* Launching and managing various cost optimization programs to reduce operational and capital expenditure and managed to meet shareholders expectations * Setting up a financial and a non-financial company wide management reporting system, containing major KPI and explanations for budget and forecast deviations
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Group Internal Auditor
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1997 - 19981 year
* Performing risks analyses from the standpoint of the group holding company, analyzing and auditing of group divisions, systems and processes, formulating and presenting of improvement potential* Also special audits commissioned by the Management Board
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Accounting Manager
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1993 - 19963 years
* Part of implementation team to roll-out European monthly Financial & KPI reporting* Mangement of Financial US-GAAP accounting to HQ
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Auditor
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1991 - 19932 years
* Participated in year-end audits across different types of companies and sectors* Joined due diligences and turn-around audits for international companies in Germany
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Education
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Johann Wolfgang Goethe-Universität Frankfurt am Main
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Swiss Board School - IMP-HSG