Marc Baumgartner Email & Phone Number

Waltham, Ma, Us

• Responsible for all areas of global accounting, both technical and transactional: including but not limited to technical accounting, revenue accounting, consolidations, international accounting, purchase accounting, internal controls and Sarbanes Oxley compliance, and external SEC reporting. • Manage monthly, quarterly and annual close processes, including the preparation of consolidated financial statements, account reconciliations, accruals, reserves and intercompany transactions • Oversight of financial reporting team and all SEC filings ensuring adherence to all company and SEC timelines • Serve as the primary interface for external auditors in connection with SEC Forms 10-K and 10-Q, and attest audits, including supporting schedules/reconciliations • Oversight of global shared service functions, including AP, AR, payroll • Partner with Finance Operations, Business Unit and FPA teams on internal reporting and cost activities • Work closely with financial planning and analysis team on reporting efforts related to budgeting and forecasting • Monitor and ensure the timely identification of evolving accounting guidance and potential impacts on the company. Partner with operations to develop and implement operational changes, as required • Provide technical and hands on implementation support for purchase accounting, acquisition integrations, financings etc., as required • Continue to build a high performing, high potential accounting team. Leader in driving continuous process improvements and simplification across accounting operations and the organization • Perform special accounting analysis and projects, as requested

Middleboro-Lakeville, Massachusetts, Us

Key Member of Finance Leadership Team overseeing and optimizing execution of accounting, transactional processing, financial reporting, tax, internal controls, and BPO services. Served as trusted advisor to CFO and Senior Leadership Team that generated $2.0B in third party revenue in FY23 across the group.• Oversaw integrity, accuracy, and completeness of financial data gathering and reporting, ensuring compliance with internal policies and US GAAP. Managed Accounts Receivable, Accounts Payable, Record to Report, Tax, Inventory costing, working capital, and Internal Controls.• Facilitated monthly closing processes, ensuring timely and accurate financial reporting. • Managed the External Audit and Internal Audit relationship with 3rd parties.• Served within steering committee structure on implementation of multiple systems and processes:o Implemented end-to-end source-to-pay system for indirect procurement (iValua), including "No PO, No Pay" policy. o Implementation of a trade promotion and deduction management system (Blacksmith), optimizing the management of trade promotion programs and deductions by customer, program, and broker. The initiative enabled better forecasting and understanding of future investments to drive increased sales.o Collaborated with cross-functional teams to enhance the legal, tax, supply chain, treasury, and HR structure of the international business, aiming to boost top and bottom-line results while minimizing overall tax expenses.• Analyzed and implemented new standards for Revenue and Leases for the group. • Acted as technical resource and advisor to the CFO and Senior Leadership Team• Spearheaded all aspects of staff development and training within the Corporate Controller group, overseeing a team of 13 individuals and 38 personnel at the BPO operations.• Executed overall management of the BPO operations and relationship with 3rd party service provider• Oversaw the maintenance of corporate accounting and reporting policies

Watford, Hertfordshire, Gb

Provide financial leadership for all R2R, SOX, financial IT systems, royalties, indirect tax, treasury and fixed asset functions in US, as well as i/co AP/AR transactions. Served as trusted advisor for senior leadership that generated $2.5B in 3rd party revenue in 2019, 50% of S+N total revenue.• Provided financial leadership to organizational changes related to M&A and outsourcing:* Led financial integration for six acquisitions with total value of $3.0B and $0.5B in Y1 revenue.* Project-managed R2R workstream when O2C, P2P, and R2R functions were insourced into S+N Centre of Excellence in Pune, India (Pune). Completed project in 4Q2019, resulting in reducing R2R headcount by 16 FTEs and one year savings of over $6M.• As member of US Pension and Benefit Committee (and trustee on 401K plan), evaluate current/future benefit proposals to optimize impact for S+N and its employees of $170M annual benefits budget while assuring “employer of choice” status.• Guide indirect tax team and manage all aspects of sales & use, property, and (now repealed) medical device tax. Oversaw multiple local government audits to optimize S+N outcome. Directed implementation of medical device tax; revised calculations returned $25M to P&L.• Lead treasury team handling all aspects of daily cash management, netting facilities, foreign exchange contracts, and hedging. Proactively managed risk related to foreign exchange transactions to optimize P&L.• Served as Finance Business Lead on two major system projects:* Integrated commercial/supply chain elements from two SAP systems and one BPCS system into single US SAP system. Signed off on all finance master data and migration of financial data from legacy systems to new ERP system; inventory integration and fixed assets valued at $0.6B and $0.7B, respectively.* Oversaw design and adoption of single BI tool for all US expenses. Replaced legacy system to global system to enhance efficiency, access, and reliability of processes and systems.

Watford, Hertfordshire, Gb

Provide financial leadership for all R2R, financial IT systems, royalties and fixed asset functions in US.• Analyzed gross profit margin by country / by product for input into group Unrealised Stock Provision (URSP) process. Established transfer prices out of US to other group subsidiaries ($0.9B in intercompany revenue).• Manage month end financial close process, including quarterly forecasts and annual budgets. Redesigned process to reduce completion time by 20% while number of reporting entities increased from two to 14. Assured full SOX and internal control compliance.

Watford, Hertfordshire, Gb

After initially working with all international markets, shifted focus to faster growing emerging market segment (Brazil, Russia, India, China). Provided business partner / commercial finance support (including best practices on accounting, financial, reporting and processes) to divisional CFO, President, and local country management. • Analyzed and executed all finance related matters for Brazil and Russia, including strategic analysis and budget / forecasting. Oversaw implementation of financial performance measures, reporting for financial monthly reviews, monthly close processes, and formulating long-term financial plans.• Investigated fraud allegations; designed / implemented BI tool to enable aggregation of detailed budget.• Gathered, consolidated, and analyzed division’s monthly financial and non-financial information to understand YOY, budget, and forecast variances. Advised and partnered with India and China finance teams to assess contingency plans and formulate operational response to achieve year-end targets. • Collaborated with R&D, Quality & Regulatory, and Marketing on cost / benefit analysis of introducing new products by country within division. Developed multiple models to understand levers available to achieve long-term growth objectives; EM/IM revenue grew from $0.4B in 2010 to $0.6B in 2013 (+54%).

Watford, Hertfordshire, Gb

Provided business partner / commercial finance support (including best practices on accounting, financial, reporting and processes) to divisional CFO, President, and local country management. • Analyzed and executed all finance related matters for the International Markets, including strategic analysis and budget / forecasting. Oversaw implementation of financial performance measures, reporting for financial monthly reviews, monthly close processes, and formulating long-term financial plans.• Gathered, consolidated, and analyzed division’s monthly financial and non-financial information to understand YOY, budget, and forecast variances. Advised and partnered with China finance teams to assess contingency plans and formulate operational response to achieve year-end targets.

Watford, Hertfordshire, Gb

Collaborated with the external reporting team to prepare S+N group quarterly announcements as well as annual financial statements (for both LSE and NYSE). Ensured that external announcements regarding financial results were accurate, complete, and reliable.• Designated as subject matter expert on all matters relating to accuracy and completeness of reporting related to URSP. Analyzed end-to-end supply chain regarding calculation and posting of inventory profit between point of manufacture and point of sale.• Developed and analyzed multiple share based payment scenarios to predict current and future impact for employees and company. Educated HR and Company Secretary regarding costs and proper allocation to individual legal entities across the enterprise.• Provided technical leadership and expertise to senior management on range of technical issues (e.g., financial instruments, acquisitions and disposals, revenue recognition). Led group wide process to ensure consistent application and reporting for hedge and foreign exchange calculation.• Redesigned quarterly and annual statements to facilitate faster LSE submission and to improve readability. • Assisted in design, rollout, and training for new group consolidation system (HFM) in China and Japan.

London, Gb

Reviewed listed annual financial statements to identify instances of non-compliance with IFRS or US GAAP and local regulations and requirements. Collaborated with audit partners and audit teams to resolve identified issues and ensure final financial statements were qualitatively and quantitatively correct and accurate.• Resolved ad hoc accounting queries (e.g., implementation of new accounting and auditing standards, assessment of current accounting treatment, review of complex transactions) to audit partners and senior managers, providing practical interpretations of financial reporting requirements.• Recognized as SME on IFRS standards (e.g., group accounting requirements for purchase accounting / business combinations / business disposals, subsidiaries and consolidation, associates, joint ventures). • Designated as key resource for pension accounting, share-based payments and financial instruments.

London, Gb

Worked in the Retail and Consumer Product division within the UK Audit practice. Supervised audit teams of up to 10 people with a focus on the auditing of controls, processes and financial statements of various listed and large entities including Exel (now part of DHL), British Airways and Coral. Work included multiple engagements transitioning underlying financial statements from UK GAAP accounting to IFRS accounting

London, Gb

Audit Manager in the Retail & Consumer Products division within the SA Audit practice. Managed audit teams of up to 10 across multiple engagements. Work focused on the planning, execution and concluding of the audit covering controls, processes and controls and financial statements. Active engagement with both audit partner and client senior management to resolve issues and complexities associated with each audit. Clients included South African Airways Ltd, SC Johnson, Bayer, Putco and Tiger Brands. Assigned to South Africa Airways to prepare final consolidation and group financial statements.

London, Gb

Article Clerk with Ernst & Young from 2001 to 2003 (2001 - Associate / 2002 - Senior / 2003 - Supervisor).Worked in the Retail and Consumer Products division within the SA Audit practice. Work focused on the auditing of controls, processes and financial statements of increasing complexity of both listed and private companies in South Africa. Clients included Bayer, Cargo Carriers Ltd, Putco, Grinnaker LTA and Tiger Brands. Assigned to Cargo Carriers during 2003 to prepare final consolidation and group financial statements.

Post Graduate Degree In Accounting - Bcom Honours, Accounting

Bachelor Of Commerce - Bcom, Accounting