Peter Baumgartner

Peter Baumgartner Email and Phone Number

Financial Controller | FP&A and Supply Chain Finance Expert | Connecting Senior Management with the Shop Floor through numbers @ GE Power
schenectady, new york, united states
Peter Baumgartner's Location
Zürich Metropolitan Area, Switzerland
Peter Baumgartner's Contact Details

Peter Baumgartner personal email

About Peter Baumgartner

With over 10 years of experience in various aspects of supply chain finance, I possess the skills necessary to manage a business unit and improve processes through strong project management. I thrive in team-oriented settings and contribute to organizational goals while identifying opportunities to drive efficiency. I am responsible for Birr Factory's CAPEX and OPEX project financials (USD 2 million annually) and lead the development of multiple Tableau-based tools to optimize related finance activities and achieve savings.As an expert in financial controlling, I address organizational challenges by leading optimization projects, implementing KPIs, and developing innovative digital tools. I achieve success by collaborating with stakeholders at all levels, connecting senior management with workers, and involving specialists from all associated areas. I approach challenges from a strategic standpoint and prefer direct, simple communication both at work and in my private life.Specialties: FP&A and Supply Chain Finance, Project Management (e.g. Tableau dashboard design, coordinating IT experts), Process Simplification, Automation , SAP Finance and Controlling Modules, Hyperion Planning and HFM Essbase userOpen for opportunities in the field of investment-related activities in Zürich area.

Peter Baumgartner's Current Company Details
GE Power

Ge Power

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Financial Controller | FP&A and Supply Chain Finance Expert | Connecting Senior Management with the Shop Floor through numbers
schenectady, new york, united states
Website:
gepower.com
Employees:
29534
Peter Baumgartner Work Experience Details
  • Ge Power
    Lead Financial Controller Of Supply Chain Unit – Ge Gas Power
    Ge Power Jul 2018 - Present
    Birr, Switzerland
    • Leading the budgeting, forecasting, operating, and closing cycle for the Hot Gas Parts business unit, overseeing annual revenues exceeding USD 120 million• Strategically managing Birr Factory's CAPEX and OPEX project financials, totalling USD 2 million annually• Driving continuous improvement initiatives, including automation, digitization, and simplification projects, achieving significant savings for Finance and Operations teams• Using LEAN principles and automation shortened the time needed for monthly closing by 1.5 days and reduced the number of manual bookings and accruals needed by 25%• Acting as a trusted business partner to the Plant Manager, CFO, HQ, and shop floor colleagues, providing strategic financial insights and support• Providing functional management and mentorship to two employees, enhancing team performance and development
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  • Ge Power
    Lead Fp&A Operations Analyst – Ge Steam Power Systems
    Ge Power Mar 2017 - Jun 2018
    Baden, Switzerland
    • Conducted cost control and profit & loss analysis for four factories using SAP and HFM Essbase• Assisted in the implementation of new systems, including Tableau and Hyperion Planning• Monitored accounts receivable and accounts payable for power plant projects totaling over USD 700 million• Performed monthly closing, account reconciliation, and provided audit support
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  • Ge Power Services
    Financial Management Program 4Th Rotation – Risk Finance
    Ge Power Services Aug 2016 - Feb 2017
    Baden, Switzerland
    Monitored and assessed operational risk and its financial impact on long-term Contractual Services Agreements (CSAs) in Baden, Switzerland• Analyzed monthly usage trends for 150 turbines, identifying and investigating root causes of discrepancies• Evaluated and calculated termination risk for contracts in Europe, ranging from USD 5-25 million per contract• Decomposed and explained the drivers of a USD 2 billion deferred balance across the portfolio• Updated Risk Finance Tools to incorporate Aero and Alstom Legacy models following Alstom's acquisition• Validated contract models in accordance with new revenue recognition standards• Communicated key drivers and interrelated factors to stakeholders• Supported the calculation and tracking of a USD 60 million cumulative catch-up
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  • Ge Distributed Power
    Financial Management Program 3Rd Rotation – Sourcing Finance
    Ge Distributed Power Feb 2016 - Jul 2016
    Innsbruck, Austria
    Provided financial support to Sourcing teams across two sites (Jenbach, Austria and Waukesha, USA)• Managed an annual budget of USD 4 million for Plant & Equipment, including planning, analyzing variances, and evaluating purchase orders• Trained 15 Sourcing team members on deflation calculation and P&E budgeting methodologies, raising the efficiency of supplier contract negotiations• Analyzed USD 45 million in monthly material deflation transactions to identify savings opportunities and rate the performance of 10 Commodity Managers• Developed a PO-level budget tracker to streamline processes and deliver more detailed and reliable data• Assessed supplier risk and compliance by analyzing D&B reports and supplier financial data
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  • Ge Energy Connections
    Financial Management Program 2Nd Rotation – Supply Chain Finance
    Ge Energy Connections Aug 2015 - Jan 2016
    Belfast, United Kingdom
    Provided Supply Chain Management and Inventory Finance support for a small, non-automated assembly plant in Lisburn, Northern Ireland• Evaluated USD 10 million in past due payments from suppliers, helping to close out high-risk items totaling approximately USD 1 million quarterly• Prepared the WIP Inventory area of the warehouse for the year-end physical inventory process to ensure accuracy• Collaborated with Engineering and Production teams to maintain ERP data quality• Analyzed USD 25,000 per month in manual scrap transactions to identify quality issues• Reviewed and corrected 3,000 items (worth USD 2 million) in Oracle WIP to identify inefficiencies• Improved inventory monitoring through an updated daily cycle counting process• Educated Production team members on proper WIP and inventory item tracking and reporting• Examined direct material costs and variable costs to identify saving opportunities
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  • Ge Global Operations
    Financial Management Program 1St Rotation – Project Finance
    Ge Global Operations Jan 2015 - Jul 2015
    Budapest, Hungary
    Developed KPIs and metrics for GE Global Operations Shared Services Center (SSC) leadership team to measure team performance related to process migration in Budapest, Hungary• Provided project management support for developing a new IT tool to onboard 15-20 new employees per week at GE Global Operations Shared Services Center• Streamlined the monthly volume submission process, reducing it from 2 days to 4 hours through database management and Excel modeling• Enhanced existing reports and databases to better meet the needs of financial stakeholders through process audits and organized workshops• Prepared KPIs from various data sources to measure the quality and productivity of teams migrating processes into the SSC• Coordinated the design, layout, and content development of an internal website for collecting and storing metrics related to SSC operations
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  • Freelance
    Filmmaking And Volunteering
    Freelance Jun 2011 - Aug 2012
    • Collaborated on creative projects with artists, including dance videos, concerts, and video clips• Utilized Adobe Premiere Pro, Lightroom, Photoshop, and later Premiere Elements• Served as a Volunteer Media Coach for an EU Cultural Project in Silkeborg, Denmark• Produced short films as Film School student in Budapest, Hungary
  • Bdo Hungary
    Corporate Finance Intern
    Bdo Hungary Feb 2011 - May 2011
    Budapest, Hungary
    • Conducted research on regional markets for pricing and transactions of mid-sized companies• Provided market forecasts using economic data to update M&A models• Created reports, summaries, and presentations for executives
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  • Ovb Vermögensberatung Ag
    Junior Insurance Broker
    Ovb Vermögensberatung Ag Sep 2008 - Apr 2009
    Budapest, Hungary
    • Established contact with new customers through cold calls and personal meetings• Managed contracts for existing customers• Provided personalized advice to clients on financial instruments
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Peter Baumgartner Skills

Seo Sem Sea Digital Marketing Social Media Marketing Web 2.0 Marketing Strategy Hardware Software Installation Operating Systems Troubleshooting Strategische Planung Marketingstrategie Marketing Betriebssysteme Fehlerbehebung Vertrieb Unternehmensstrategie Kundendienst Microsoft Office Social Media

Peter Baumgartner Education Details

Frequently Asked Questions about Peter Baumgartner

What company does Peter Baumgartner work for?

Peter Baumgartner works for Ge Power

What is Peter Baumgartner's role at the current company?

Peter Baumgartner's current role is Financial Controller | FP&A and Supply Chain Finance Expert | Connecting Senior Management with the Shop Floor through numbers.

What is Peter Baumgartner's email address?

Peter Baumgartner's email address is cp****@****ail.com

What schools did Peter Baumgartner attend?

Peter Baumgartner attended Grenoble Ecole De Management, University Of Exeter, Queen's University Belfast, Ge Fmp Courses, Budapest Film Academy, Milestone Institute, Budapest Corvinus University.

What are some of Peter Baumgartner's interests?

Peter Baumgartner has interest in Children, Wirtschaft, Weiterbildung.

What skills is Peter Baumgartner known for?

Peter Baumgartner has skills like Seo, Sem, Sea, Digital Marketing, Social Media Marketing, Web 2.0, Marketing Strategy, Hardware, Software Installation, Operating Systems, Troubleshooting, Strategische Planung.

Who are Peter Baumgartner's colleagues?

Peter Baumgartner's colleagues are Smart Mcline, Cindy Agustin, Slow Low, Adam Frye, Lisa Wooree Ko, Tara Leger, Dixit Panchal.

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