Vp Finance And It Emea
Tallygenicom Ag
Responsible for Finance,HR and IT within the EMEA Group and its subsidiaries in UK,Germany,France,Italy, Austria and Poland. Turnover $110M.Worked on cost reduction and reorganisation programmes closing manufacturing plant,downsizing real estate and facilities,streamlined European operations through outsourcing and establishing central support functions including finance in UK.Reduced overhead costs by 38% from €42M to €26MBuilt central treasury function providing realtime visibility of subsidiary and group cash . Improved working capital controls through faster cash collection,stretching payables and renegotiating supplier contracts, reducing inventory.Improved Financial reporting and compliance. Reduced month end close deadlines. Introduced daily and weekly reporting of KPI's to ensure early action could be taken when deviating from budget.Maintained financial reporting in USGAAP, IFRS and local GAAP's.