Mark Baerenwald

Mark Baerenwald Email and Phone Number

Fractional CFO @ Self Employed
Houston, TX, US
Mark Baerenwald's Location
Houston, Texas, United States, United States
Mark Baerenwald's Contact Details
About Mark Baerenwald

Partners with all levels of leadership to create strategic alliances to effectively align with and support key business initiatives. Focuses on delivering actionable solutions resulting from in-depth analysis and interpretation of operational results to increase shareholder value and improve working capital. Builds and retains high performance teams by hiring, developing and motivating skilled professionals. Proactively leads change, fosters collaboration, establishes communication at all levels. Performs all roles and responsibilities with a high-level of energy and with utmost integrity.Areas of Expertise Include:Customer/Operations-Oriented | Project Management | Budgeting & Forecasting | Financial Analysis | Performance Management | Financial Reporting | Internal Controls | Compliance | Financial Policies & Procedures | Auditing | SOX | Integration | Change Management | Communication

Mark Baerenwald's Current Company Details
Self Employed

Self Employed

View
Fractional CFO
Houston, TX, US
Mark Baerenwald Work Experience Details
  • Self Employed
    Fractional Cfo
    Self Employed
    Houston, Tx, Us
  • Awc Frac Technology (A Pelican Energy Group Company)
    Cfo
    Awc Frac Technology (A Pelican Energy Group Company) Nov 2021 - Apr 2024
    • Led 4 accounting professionals covering five operating locations in Texas, Colorado and West Virginia in the design, manufacturing and repair of frac valves in the Oilfield Service sector.• Achieved an improvement in Profitabiltiy of 730bpts by focusing on strategic markets/product lines where price had deteriorated and mix had changed significantly.• Implemented significant changes to processes and procedures that improved Cash Management through disciplined cash forecasting, and collections accountability that improved cash flow to pay down a significant portion of bank debt and improve vendor payment timing.• Created formal close and analysis processes that provided company management and the PE board more accurate financial information in 10 less days.• Successfully implemented various policies and procedures, accounting entries, and an ERP system for a strategic HVOF coating company acquisition.• Significantly improved the results of the annual external audit of PKF and the Texas Comptroller’s office.
  • Reservoir Group (A Madison Industries Company)
    Global Controller
    Reservoir Group (A Madison Industries Company) Jul 2018 - Jun 2020
    - Led 30 accounting/finance professionals covering 51 operating locations in 27 countries in the Oilfield Services sector- Implemented significant changes to processes and procedures to shorten the close cycle (12 to 6 days) and improved financial information (legal entity to geomarket/product line).- Implemented a formal forecast and enhanced budgeting processes within the FP&A organization- Strengthened Cash Management through global alignment, disciplined cash collections, accountability and management of inventory and vendor terms (CCC from 140 days to 60 days)- Assisted in the implementation of significant restructuring of the business to improve financial performance and align with market changes/needs leading to $10MM in cost reductions across the business.- Hired and trained strategic positions within the finance organization to partner with operations and product line management.
  • Baker Hughes
    Senior Director Financial Planning & Analysis - Completions Product Line
    Baker Hughes Jul 2016 - Oct 2017
    Houston, Texas, Us
    • Led 13 accounting/finance professionals in one of the largest revenue and profit streams with annual revenue of $1.5B.• Improved cash flow and profitibility for new product introduction. • Stregthened internal controls and processes around purchasing of rental assets that improved utilization and reduced unnecessary spending. • Improved Product Development and Sales & Operations Planning processes that increased cash flows and accountability between the Operations and Supply Chain/Technology groups • Increased revenues through a focused effort on strategic markets. • Aquired a strategic technology that filled a gap in the portfolio and eliminated the need to invest millions of dollars in a large scale project in the future.
  • Baker Hughes
    Vice President Financial Planning & Analysis - Integration Lead
    Baker Hughes Jan 2015 - Jun 2016
    Houston, Texas, Us
    • Managed 15 professionals in the Finance Integration aspects related to the Halliburton merger.• Provided associated financial data for 15 anti-trust jurisdiction filings and worked directly with U.S. Department of Justice and the European Commission to ensured the necessary data was supplied and answered questions regarding content and origin of the data.• Developed best solutions and implementation plan for Day 1 Finance integration along with post Day 1 intregration activities.
  • Baker Hughes
    Vice President Financial Planning & Analysis - Project Management Office
    Baker Hughes Sep 2012 - Dec 2014
    Houston, Texas, Us
    • Created a team of 60 professionals that performed project execution and management, organizational change management and training for approximately 50 projects that improved working capital, cash flow, the effective tax rate along with cost reductions, centralizations and standardization efforts, and legal entity rationalization.• Significantly improved the enterprise cash flow by reducing the time it takes to get an invoice to the customer.• Reduced the amount of auditing, tax and regulatory compliance requirements by closing 102 legal entities.• Improved overall Finance benchmark performance to 2nd quartile from 4th through centralization, standardization and outsourcing projects.
  • Baker Hughes
    Vice President Financial Planning & Analysis - Gulf Of Mexico Region
    Baker Hughes Aug 2011 - Aug 2012
    Houston, Texas, Us
    • Led 25 professionals that performed financial planning and analysis work for regional operations in the Gulf of Mexico.• Achieved an improvement of 35% in Lapse Days through centralization and standardization efforts.• Spearheaded the Customer/Product Line Profitability and EPS projects.
  • Baker Hughes
    Director Financial Planning & Analysis - Products And Technology
    Baker Hughes Dec 2009 - Jul 2011
    Houston, Texas, Us
    • Created a finance group that supported the new BHI organizational structure that performed analytical analysis of the technology spend within all of the business segments along with geographical and regional financial performance KPI’s. • Transitioned to an EFO and FP&A organizational structure• Rolled out CPI training to finance organization
  • Baker Hughes
    Division Controller - Hughes Christensen
    Baker Hughes Mar 2008 - Nov 2009
    Houston, Texas, Us
    • Led a group of finance/accounting professionals that performed the accounting/close, reporting and planning for the worldwide Hughes Christensen product line.• Successfully implemented new global version of Hyperion.• Overhauled existing planning process and enhanced the overall efficiency and effectiveness• Implemented organizational changes in alignment with the complete enterprise restructuring of Baker Hughes and Finance Outsourcing changes
  • Baker Hughes
    Controller - North America Region (Baker Hughes Inteq)
    Baker Hughes Jul 2007 - Feb 2008
    Houston, Texas, Us
  • Baker Hughes
    Controller - North America Region (Baker Oil Tools)
    Baker Hughes Jan 2005 - Jun 2007
    Houston, Texas, Us
  • Baker Hughes
    Controller - Western Hemisphere (Baker Oil Tools)
    Baker Hughes Jan 2000 - Dec 2004
    Houston, Texas, Us
  • Baker Hughes
    Held Various Other Finance/Accounting Positions Including Region Fp&A Manager In Venezuela & Holland
    Baker Hughes Apr 1991 - Dec 1999
    Houston, Texas, Us
  • Baker Hughes
    Senior Internal Auditor
    Baker Hughes Mar 1990 - Mar 1991
    Houston, Texas, Us
  • Ey
    Staff Auditor
    Ey Jan 1988 - Feb 1990
    London, Gb
    Focus on small, emerging business sector

Mark Baerenwald Skills

Finance Oil And Gas Industry Operations Management Project Planning Strategic Planning Analysis Business Strategy Project Management Contract Negotiation Oilfield Oil And Gas Petroleum Energy Pmo Essbase Pmo Development Pmo Services Energy Industry Management Change Management Upstream Process Improvement Sap Pmo Design Access Business Process Improvement Account Reconciliation

Mark Baerenwald Education Details

  • University Of Houston
    University Of Houston
    Accounting And Tax

Frequently Asked Questions about Mark Baerenwald

What company does Mark Baerenwald work for?

Mark Baerenwald works for Self Employed

What is Mark Baerenwald's role at the current company?

Mark Baerenwald's current role is Fractional CFO.

What is Mark Baerenwald's email address?

Mark Baerenwald's email address is ma****@****ail.com

What is Mark Baerenwald's direct phone number?

Mark Baerenwald's direct phone number is +171385*****

What schools did Mark Baerenwald attend?

Mark Baerenwald attended University Of Houston.

What skills is Mark Baerenwald known for?

Mark Baerenwald has skills like Finance, Oil And Gas Industry, Operations Management, Project Planning, Strategic Planning, Analysis, Business Strategy, Project Management, Contract Negotiation, Oilfield, Oil And Gas, Petroleum.

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.