Cedric Tsakem

Cedric Tsakem Email and Phone Number

Chief Operating Officer @ Laguna Tools
huntington beach, california, united states
Cedric Tsakem's Location
Dallas, Texas, United States, United States
Cedric Tsakem's Contact Details

Cedric Tsakem personal email

About Cedric Tsakem

Finance executive with experience in manufacturing/ engineering and services industries. A dynamic leader with strong leadership skills in high-growth companies and a proven ability to attain top-/ bottom-line growth and create value for ownership. Experienced private equity officer in M&A with multiple acquisitions, due diligence, workflow/ processes improvement, systems integrations, driving positive cultural changes, and leading to successful sales processes. Specialties: P&L Responsibility, Asset Management, Cash Flow, Performance/Corporate Controlling, Accounting, Project Management, Product Management, Budgeting, Forecasting, Income Statement, Balance Sheet, Process Optimization, Accounts Receivables and Payable, Solutions/Service and Product business, US GAAP, SAP ERP R/3 and Business Analyser, Hyperion, Oracle, Sarbanes Oxley.

Cedric Tsakem's Current Company Details
Laguna Tools

Laguna Tools

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Chief Operating Officer
huntington beach, california, united states
Website:
lagunatools.com
Employees:
72
Cedric Tsakem Work Experience Details
  • Laguna Tools
    Chief Operating Officer
    Laguna Tools Nov 2023 - Present
    Dallas-Fort Worth Metroplex
    Laguna Tools is a leading manufacturer of woodworking and metalworking machinery, with over 40 years of experience in the industry. We offer a wide range of products, including CNC milling machines, CNC routers, plasma cutters, lathe machines, and grinders.We are best known for our quality and precision in manufacturing machinery. Laguna Tools has a global presence, and we sell our products worldwide. Learn more about the company at lagunatools.com
  • Unified Power
    Chief Transformation Officer
    Unified Power Oct 2022 - Sep 2023
    Dallas-Fort Worth Metroplex
    Leadership of the organization’s strategic planning process to ensure that all departments are aligned with Unified Power’s goals. Support the company’s structural realignment in developing a regionalization model. Support Unified Power’s add-on acquisition, systems integration, processes and workflows improvement.
  • Various Companies
    Operations & Financial Consulting
    Various Companies Jan 2020 - Sep 2022
    Dallas-Fort Worth Metroplex
    Provided operations and financial services to the following PE-owned companies:• SQUAN Solutions – Carlstadt, New Jersey – Private Equity Owned (RFE Investment Partners)• Full Spectrum – Laguna Hills, California – Private Equity Owned (Pfingsten Partners)• Environmental Lights – San Diego, California – Private Equity Owned (Pfingsten Partners)• New England Electrical Contracting (NEEC) – Boston, Massachusetts – Private Equity Owned (Pfingsten Partners)Services were primarily focused on Financial diligence and add-on integration, Financial planning and analysis, Process and workflow optimization, Operational systems migration, Productivity metrics and business analytics implementation, ERP processes and workflow development, Contract pricing development, Customer and contracts master database cleansing.
  • Unified Power
    Chief Financial Officer & Treasurer
    Unified Power Jan 2016 - Dec 2019
    Dallas-Fort Worth Metroplex
    Unified Power is the premier national service provider to more than 2,000 customers in the U.S. with global operations. In business since 1993, Unified Power provides uninterruptible power supply (UPS) equipment and a full range of preventive service maintenance. We offer sensible power solutions that are customized to fit the needs of every business in all industry segments.Leadership role in strategic partnership to Unified Power and Private Equity Team in matters pertaining to business strategy, operations profitability.Lead the Finance and Supply Chain Management organization of 14 headcounts to excellence in all related controllership, accounting, financial analysis and planning processes.Acquisition and integration of 13 add-ons and successful sale of the platform to Pittsburgh-based Incline Equity Partners at a 3x ROIC
  • Unified Power
    Director Of Finance
    Unified Power Jan 2014 - Dec 2015
    Dallas-Fort Worth Metroplex
  • Siemens Industry Inc., Mobility And Logistics Division
    Financial Controller
    Siemens Industry Inc., Mobility And Logistics Division Oct 2012 - Dec 2013
    Dallas-Fort Worth Metroplex
    * Provide financial support to the Customer Service segment, act as a business partner to segment sales and operations teams; coordinate, administer and control financial operations including full responsibility for projects profit & loss performance of total business volume of $148 million* Support 30% top line growth of service business volume by implementing market competitive cost structure, executing cost saving measures and to improve profitability from $0.3 million to $2.5 million year over year* Profit & loss responsibility of project accounts, control business financials with internal and external partners, work with claims, collections, change orders, contracts review and negotiations. Ensure financial compliance with fiscal, legal and commercial regulations.* Responsible for the profitability, budgeting, forecasting and controlling of the Spare Parts segment. Increase the profitability margin by implementing a standardized pricing catalog and drive costs savings measures to reduce costs.* Coordinate and prepare annual budget plan including five year business modeling. Manage monthly forecasts and variance analysis to ensure achievement of financial targets.* Develop and manage close liaison with project plants across the U.S. and global headquarters in GermanyControlling function for the business segments Airport Logistics & Customer Service.Managed a Finance and Accounting staff of 3.
  • Siemens Industry Inc., Mobility And Logistics Division
    Sr. Financial Analyst
    Siemens Industry Inc., Mobility And Logistics Division Jun 2011 - Sep 2012
    Dallas-Fort Worth Metroplex
  • Siemens Healthcare, Molecular Imaging
    Sr. Financial Analyst
    Siemens Healthcare, Molecular Imaging Aug 2007 - May 2011
    Knoxville, Tennessee Area
    * Provided financial support to the Customer Service segment in pricing, budgeting, and cost management of projects, performing deviation analyses to ensure budget compliance and margin achievements of projects for multiple plants across the U.S. In coordination with the Service team, performed change orders, claim, customer and vendor management.* Responsibility in Cyclotron equipments profitability, prepared yearly budget, monthly profit & loss actuals reconciliation and forecasting in compliance with international regulations. Performed commercial project management and controlling of projects, in coordination with sales and operations teams, worked on contract review and negotiation, change orders, payments collection, claims, vendor and customer management. Completed monthly review of balance sheet items and ensured compliance with business, legal and commercial regulations. PLM support in budgeting and cost management of WBS projects multiple Siemens plants.* Creation of financial models for products hardware and software with focus on worldwide lifecycle profitability, Return on Investment (ROI), Net Present Value (NPV) and Return On Capital Employed (ROCE) of all clinical projects.* Coordinate the company's wide program to improve productivity through identification, implementation and realization of sustainable cost reduction and sales increase initiatives across the Business Unit plants worldwide
  • Siemens Healthcare
    Sr. Financial Analyst
    Siemens Healthcare Aug 2005 - Jul 2007
    Forchheim, Bavaria, Germany
    Siemens Graduate Program: Two-year executive management program for top-level graduates world-wide assignments.* First Assignment - Finance, GermanyDeveloped a minimal transfer price tool for health scanners equipments with the focus to improve visibility of system costs/ profitability and communication between departments of sales, logistic and finance* Second Assignment - Finance, USAImplementation of a sales and production order controlling for health scanners systemsn in order to improve profitability. Preparation of financial reports including Profit and loss, orders & sales and inventory reports. Development of cost workbooks to improve system cost/ profitability. Implementation of a pricing calculation project for spare parts sales.* Third Assignment - Marketing, GermanySupport in marketing program to upgrade MRI scanners installed base systems with new software and hardware. Implement controlling and reporting tools to increase transparency in CRM process and expansion in refurbishing of worldwide installed base systems.

Cedric Tsakem Skills

Forecasting Sap Financial Analysis Cross Functional Team Leadership Budgets Process Improvement Accounting P&l Responsibility Financial Modeling Variance Analysis Financial Forecasting Hyperion Enterprise Change Management Analysis Project Management Budgeting Customer Service Pricing Product Management Internal Controls Sarbanes Oxley Act Business Process Improvement Us Gaap Negotiation Cash Flow Cost Accounting Acquisition Integration P&l Management Sap Products Financial Reporting Contract Management Strategic Financial Planning Auditing P&l Analysis Hyperion P&l Mergers And Acquisitions Sap Bw Netsuite

Cedric Tsakem Education Details

  • Aalen University, Aalen, Germany
    Aalen University, Aalen, Germany
    Business Management And Technical Controlling

Frequently Asked Questions about Cedric Tsakem

What company does Cedric Tsakem work for?

Cedric Tsakem works for Laguna Tools

What is Cedric Tsakem's role at the current company?

Cedric Tsakem's current role is Chief Operating Officer.

What is Cedric Tsakem's email address?

Cedric Tsakem's email address is ce****@****usa.com

What is Cedric Tsakem's direct phone number?

Cedric Tsakem's direct phone number is +197252*****

What schools did Cedric Tsakem attend?

Cedric Tsakem attended Aalen University, Aalen, Germany.

What are some of Cedric Tsakem's interests?

Cedric Tsakem has interest in International Travel, Corporate Financial Reporting, Soccer, Architectural History, Photography, Reading Novels.

What skills is Cedric Tsakem known for?

Cedric Tsakem has skills like Forecasting, Sap, Financial Analysis, Cross Functional Team Leadership, Budgets, Process Improvement, Accounting, P&l Responsibility, Financial Modeling, Variance Analysis, Financial Forecasting, Hyperion Enterprise.

Who are Cedric Tsakem's colleagues?

Cedric Tsakem's colleagues are Jessica Brettelle, Steve Alvarez, Cynthia Sanchez, Celso Hernandez, Peter Sperski, Matthew Rodriguez, Ekaterina Lott.

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