Christophe Durand

Christophe Durand Email and Phone Number

Directeur du Contrôle de Gestion Groupe @ Econocom
Paris, FR
Christophe Durand's Location
Greater Paris Metropolitan Region, France
About Christophe Durand

After 10 years with EY, first in Audit and then in Transaction Services, I put my financial expertise to work for the company as Director of Management Control within two operational Excom - in hypermarkets and at head office - for 8 years. I'm now in charge of Group management control, working closely with General Management.I'm at ease in high-stakes, exposed situations and in complex, matrix-based, international environments, thanks to my interpersonal skills, global vision and attention to detail. As a consultant, I have been involved in dozens of complex M&A transactions, both for sale and purchase, for corporates and private equity funds.On the corporate side, I played an active role in the transformation of the Carrefour Group. In the field, through the operational implementation of the Carrefour 2018-2022 transformation plan in hypermarkets, as well as at headquarters, notably through the development of new business models (e-commerce, non-food). Finally, I was in charge of the financial modeling of the Carrefour 2026 plan in support of general management.I prefer to acquire technical skills with leading consulting firms. In charge of the entire management control cycle for a listed group with dozens of subsidiaries, I have acquired solid corporate experience with a keen interest in cash flow and financial communication issues.I simplify financial processes to improve reliability, efficiency and the relevance of decision-oriented analysis. This has led me to overhaul forecasting processes or rethink the company's financial management model in the context of an ERP changeover.On two occasions, I've had the opportunity to rebuild teams of up to 65 people, to help deep-rooted financial cultures evolve and to look after a group's talent pool. I'm also in charge of the management control director lines in subsidiaries.

Christophe Durand's Current Company Details
Econocom

Econocom

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Directeur du Contrôle de Gestion Groupe
Paris, FR
Website:
econocom.com
Employees:
7066
Christophe Durand Work Experience Details
  • Econocom
    Directeur Du Contrôle De Gestion Groupe
    Econocom
    Paris, Fr
  • Carrefour
    Group Management Control Director
    Carrefour 2020 - Present
    Massy, Île-De-France, France
    Working closely with the Carrefour Group's Chief Financial Officer (81 Mds€ revenues), I ensure that Carrefour's P&L and free cash flow commitments to the market are kept under control by leading and challenging the subsidiaries' operational and financial departments, identifying risks and opportunities, and monitoring performance improvement actions. I contribute to the preparation of financial communications.PRESERVE THE GROUP'S RESULTS IN AN INFLATIONISTIC CONTEXT: working closely with the countries and purchasing departments, I help to identify the challenges facing financial aggregates, participate in the review of response strategies and overhaul monitoring tools, enabling us to announce financial results in line with expectations, with an operating margin of 2.2%, an improvement of +7bps, and sales of 81 billion euros, with LFL growth of 8.5%.STRENGTHEN FREE CASH FLOW GENERATION: I am developing a new governance structure and new analyses to provide an objective understanding of the drivers of free cash flow generation, in collaboration with the Group Treasury Department.MODELING THE CARREFOUR 2026 STRATEGIC PLAN: I am in charge of the financial modeling of the Group's multi-year plan. I define the architecture of the financial model, challenge all contributing departments, arbitrate with the Group CFO and provide comfort on the announcements made, which have been positively received by the market.RESHAPING THE GROUP'S MANAGEMENT MODEL: in order to fully meet the challenges of measuring the performance of new business models such as franchising, retail e-commerce, customer data enhancement, etc., I am leading the complete overhaul of the Group's reporting model as part of the transition to SAP.ENERGIZE THE GROUP'S FINANCE TALENT NURSERY: to prepare for the future, I recruit and nurture within my department the Group's finance talent destined for management positions. I coordinate the line-up of subsidiary management control directors.
  • Carrefour
    Business Controller Director Of Merchandise France
    Carrefour 2018 - 2020
    Through my ability to act as a finance business partner, I contribute to the financial performance (P&L and cash flow) of the FMCG, fresh produce and non-food sectors.As a member of the ExCom of the French Merchandise Division (sales of 42 billion euros), I am the financial business partner of the French Merchandise Executive Director, in charge of central purchasing and the definition of commercial policies.MONITORING THE 2018-2022 STRATEGIC PLAN: I support operational implementation by providing a financial perspective that enables us to measure, anticipate and fine-tune our commercial policies and models against a backdrop of structural changes such as the EGA law reducing promotion, the plan to reduce hypermarkets and non-food outlets, cut assortments and develop private label. This steering aid enabled us to achieve our objectives.CLARIFYING AND OBJECTIVE-BASED OPERATIONAL DECISION MAKING: to improve sales performance by optimizing pricing and promotional policies, I overhauled the modeling methods used to make forecasts more reliable.REBUILDING A TEAM: I'm rebuilding a 16-strong team, helping to enhance its skills.
  • Carrefour
    Business Controller Director Of Grand Nord At Carrefour Hypermarkets France
    Carrefour 2015 - 2018
    Massy, France
    As a member of the ExCom of a 55-store hypermarket and e-commerce drive profit center, I am the financial business partner of the Operations Director. I support him in all his operational choices, and make proposals to improve financial performance.E-COMMERCE ACCELERATION: to support hypermarket managers in the development of e-commerce, I shed new light on the performance levers of store-based drives. The resulting strategy delivers twice the performance of other hypermarkets.FROM A CULTURE OF ALERT TO A CULTURE OF ANTICIPATION: I'm moving from a financial culture focused on warnings, to one of genuine performance management, anticipating and supporting the business challenges of operational staff, and focusing on the priority levers of value creation.
  • Carrefour
    In Charge Of Bu Financial Performance Analysis For Carrefour Hypermarchés
    Carrefour 2013 - 2015
    Massy, France
    To facilitate decision-making, I am reworking the analyses for the Comex Hypermarkets France (20 billion in sales).
  • Ernst & Young
    Senior Manager Transaction Support
    Ernst & Young 2008 - 2013
    Paris La Défense, France
    I am developing my financial expertise in buy-side and sell-side due diligence for corporate and private equity clients (LBO) in EY's Transaction Services department.TENS OF ASSIGNEMENTS: (i) vendor due diligence of business units of listed groups in the telco, retail, consumer goods (FMCG); (ii) buy-side diligence in consumer goods, heavy industry, mobility, manufacturing, energy, new technologies (iii) restructuring assignments in automotive.DEVELOPED EXPERTISE: analysis of business models and key success factors, normative profitability analysis, cash flow analysis, valuation, relationship management with clients, targets, potential acquirers, other advisors in an international context
  • Ernst & Young
    Senior Financial Auditor
    Ernst & Young 2003 - 2008
    Paris La Défense, France
    I joined the industry department and carried out numerous external financial audit assignments for listed groups and medium size companies. I also work on consulting assignments.SECTORS OF INTERVENTION: industry, nuclear, construction, luxury, spirits, consumer goods (FMCG), environment (utilities), media & communicationEXPERTISE: IFRS and US GAAP, consolidation, long term contracting, internal control, LBO financing, concession
  • Michelin
    Manufacturing Cost Controlling
    Michelin Apr 2002 - Sep 2002
    Greenville Sc, Usa
  • Dassault Systemes
    R&D Cost Controlling
    Dassault Systemes Feb 2001 - May 2001
    Suresnes, France
  • Bic
    Financial Cost Controlling
    Bic Jun 2000 - Sep 2000
    Clichy, France
  • Michelin
    Manufacturing Cost Controlling
    Michelin Jul 1999 - Sep 1999
    Clermont-Ferrand, France

Christophe Durand Education Details

Frequently Asked Questions about Christophe Durand

What company does Christophe Durand work for?

Christophe Durand works for Econocom

What is Christophe Durand's role at the current company?

Christophe Durand's current role is Directeur du Contrôle de Gestion Groupe.

What schools did Christophe Durand attend?

Christophe Durand attended Université Paris Dauphine - Psl, Essec Business School, Saint Louis De Gonzague-Franklin.

Who are Christophe Durand's colleagues?

Christophe Durand's colleagues are Edith David, Thomas Pertrot, Alexandre Prats, Joël Engel, Chris Chrisd, Sebastian Reinisch, Leny Thuilleux.

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