Karel Cermak

Karel Cermak Email and Phone Number

Group CFO @ HECHT MOTORS
Prague, Czechia
Karel Cermak's Location
Prague, Czechia, Czech Republic
Karel Cermak's Contact Details

Karel Cermak personal email

n/a
About Karel Cermak

Until recently at the helm of Plaček Group's financial strategy, P&L, balance sheets, cash flow, and capital structure, while also steering IT, M&A, and banking relationships. The journey with my team has led to accounting digitalization (OCR), creating one Group P&L and accounting consolidation methodology for 20+ companies, and successfully navigating M&A activities, contributing to the company's double-digit sales growth.Our finance and IT team, comprised over 30 professionals, has been pivotal in transforming processes and achieving strategic goals. By fostering solid banking relationships and applying financial analysis, implementing new WMS system, we've empowered the organization to expand its retail presence across four countries, significantly enhancing market performance. My focus on digital transformation and process optimization has been instrumental in driving the company forward.

Karel Cermak's Current Company Details
HECHT MOTORS

Hecht Motors

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Group CFO
Prague, Czechia
Website:
hecht.cz
Employees:
130
Karel Cermak Work Experience Details
  • Hecht Motors
    Group Cfo
    Hecht Motors
    Prague, Czechia
    View
  • Plaček Group
    Group Cfo
    Plaček Group Jan 2022 - Oct 2024
    Poděbrady, Central Bohemia, Czechia
    - Full financial management of Plaček Group (retail – 400 stores, wholesale, export) in 4 countries (CZ, SK, PL, LV) – 260 MEUR TO- Key achievements: -- Digitalization of accounting (OCR)-- Creation of group accounting methodology/P&L/consolidation-- Successfully led M&A in Romania and Croatia -- Implementation of new IT WMS -- Co-led the company to double digit sales growth- In charge of P&L, BS, cashflow, capital structure, IT, M&A, banking relationships- Responsible for Controlling, IT, Accounting functions – 30+ FTEs
    View
  • L'Oréal
    Finance Director
    L'Oréal Jan 2020 - Dec 2021
    Moscow, Russian Federation
    - Financial management (P&L, BS, cashflow) and implementation of strategical objectives of L’Oréal Luxe in Russia and CIS- Management and development of team of 7 finance controllers- Co-developed the digital transformation roadmap of Luxury business to 50% Online in 2025- Contributed to the economic development of the Division and advised the top management on the best business choices- Achieved business transformation from offline to online, currency devaluation and Covid 19 business restructuring
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  • L'Oréal
    Business Unit Controller Cz/Sk/Hu Consumer Products Division
    L'Oréal Jul 2017 - Dec 2019
    Prague, The Capital, Czech Republic
    - Financial management and strategy of business unit L’Oréal Consumer Products Division Czech Republic, Slovakia and Hungary-Management and development of team of 5 controllers across 3 countries- Achieved market share and profitability growth YoY - Leading the process of drafting the plan, budget and trends- Business partner to the company’s top management in planning and analyzing business performance
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  • L'Oréal
    Finance Project Manager
    L'Oréal Mar 2017 - Jul 2017
    Casablanca Prefecture, Morocco
    5 months project at L'Oréal Morocco Consumer Products DivisionAchievements:- Redefining route to market- Review of commercial conditions- Creation of business partner finance role
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  • L'Oréal
    Internal Auditor
    L'Oréal Jan 2014 - Feb 2017
    Paris Area, France
    01/2014-12/2015: Auditor01/2016-02/2017: Mission Manager/Auditor in Charge- Conducting transversal internal control evaluation of L’Oréal entities and assuring that L’Oréal norms and best practices are respected- Achievements: co-developed audit methodology for new acquisitions, strenghtened internal control framework, focused on internal consultant role- Formalizing audit findings and recommendations in a report addressed to the executive management- Global scope and leading multinational teams: assignments among others in Brazil, Italy, Japan, Pakistan, Venezuela, South Africa and USA- Specialized in commercial policy and strategy, credit management, route to market strategy
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  • L'Oréal
    Business Unit Controller Cz/Sk/Hu L’Oréal Luxe
    L'Oréal Jun 2013 - Dec 2013
    Prague, The Capital, Czech Republic
    - Finance management and strategy of business unit L’Oréal Luxe Czech Republic, Slovakia and Hungary - 11 brands- Financial management of 2 company stores - Management and development of team of 3 controllers- Launched Kiehl's brand in the Czech Republic- Ensuring the respect of procedures and best practices of Internal Control
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  • L'Oréal Professional Products Division
    Finance Controller
    L'Oréal Professional Products Division Jun 2010 - May 2013
    Prague, The Capital, Czech Republic
    - Fully responsible for Kérastase brand P&L in the Czech Republic, Slovakia and Hungary -- Responsible for trend and budget building, financial strategy -- Cost analysis and follow-up -- Close cooperation with marketing and sales teams- Responsible for preparation of sales forecast valorization - Responsible for monthly reporting and KPIs- Responsible for preparation of marketing and sales analysis- Direct daily work with SAP R/3 CO and SD module- Responsible for communication with accouting in the Czech Republic and Slovakia- Participation on harmonization of processes and systems within Professional Products Division Czech Republic, Slovakia and Hungary
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  • Acca
    Business Relationship Manager
    Acca Mar 2009 - May 2010
    Prague, The Capital, Czech Republic
    - Responsible for relationship management with employers and existing clients- Responsible for business development in Czech Republic - identification and acquisition of new clients- Responsible for cooperation with universities (MBA schools) and accreditation of universities (MBA schools)- Implementation and aligning of ACCA strategic goals in the Czech Republic- Coordination of members’ professional development events and activities
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  • Nokia
    Cems Business Project Consultant
    Nokia Feb 2010 - Apr 2010
    Finland
    - Management of operating expenses and planning of Nokia worldwide- Goal: simplification of operating expenses planning and providing fresh ideas how to renew the planning process- Responsible for collecting benchmarking information and best practices
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  • Schiphol Group
    International Business Project Consultant
    Schiphol Group Sep 2008 - Dec 2008
    Amsterdam Area, Netherlands
    - Project Management and Cost Management analysis - Consulting project for a multinational team of 4- Responsible for implementation of cost control system on two ongoing projects - Goal: Reduction of project costs and improvement of performance management
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  • Accenture Services
    Sales Order Processing Clerk
    Accenture Services Jun 2006 - Aug 2008
    Prague, The Capital, Czech Republic
    - Business process outsourcing - validate sales orders scanned by Pitney Bowes customers in Benelux- Responsible for creating new maintenance contracts- Responsible for refunding ended contracts – creating and scanning credit notes to Chennai, India
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Karel Cermak Skills

Financial Analysis Forecasting Sap R/3 Analysis Microsoft Office Project Planning Project Management Finance Customer Service Order Management Business Process Management Planning Strategy Management Budgets Performance Management Mergers And Acquisitions Managerial Finance Controlling Budgeting Internal Audit Process Improvement Sap Erp

Karel Cermak Education Details

Frequently Asked Questions about Karel Cermak

What company does Karel Cermak work for?

Karel Cermak works for Hecht Motors

What is Karel Cermak's role at the current company?

Karel Cermak's current role is Group CFO.

What is Karel Cermak's email address?

Karel Cermak's email address is ka****@****eal.com

What schools did Karel Cermak attend?

Karel Cermak attended University Of Economics, Prague - Faculty Of International Relations, Rotterdam School Of Management, Erasmus University, Aalto University, Cems - The Global Alliance In Management Education, Gymnázium Ústavní.

What skills is Karel Cermak known for?

Karel Cermak has skills like Financial Analysis, Forecasting, Sap R/3, Analysis, Microsoft Office, Project Planning, Project Management, Finance, Customer Service, Order Management, Business Process Management, Planning.

Who are Karel Cermak's colleagues?

Karel Cermak's colleagues are Ludmila Křivanová, Zdeněk Boháč, Matěj Schiffner, Bartek Pietraszewski, Růžena Přimdová, Černík Robert, Marcin Budzisz.

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