Massimo Cherchi work email
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EXECUTIVE SUMMARY.I’m a Finance Director with broad experience in the function, developed in multinational companies (US, UK and Japanese ones) and Italian groups, as well as in small and medium enterprises.I’ve covered CFO position both in headquarters and in subsidiaries, managing national and international responsibilities and partnering as a Board member with CEO and Management Team to achieve company goals. I’ve developed wide knowledge of financial and administrative operations, covering both ordinary and extraordinary responsibilities, with following main competences:* monthly Financial statements according to local and international principles;* financial governance of the company (Budgeting and Controlling, Management reporting, Management Accounting and profit analysis by product/order, Pricing, Working capital optimization and relationship with banks, Financial planning);* company transformation projects (reorganization/restructuring);* Merger & Acquisition operations (financial evaluation, negotiation and post-acquisition integration of processes and organization);* redesign of Finance processes, including start-up launch.KEY ACHIEVEMENTS AND PERSONAL SKILLS.* introduced P&L/financial monthly management reporting; * implemented profit analysis by product/order; * restored/improved profitability and financial balance as a result of cost reduction actions, controlling process introduction and restructuring; * developed pricing model and negotiated with customer;* enhanced credit performance and introduced financial planning;* managed company transformation projects (reorganization/restructuring);* M&A deals finalization (due diligence, negotiation and post-acquisition integration);* implemented operations in start-up environment;* reorganized Finance team and redesigned administrative and financial processes;* characterized by mix of structured approach (learned in big companies) and flexibility (developed in small and medium firms);* high ethical standard and accountability;* hands-on attitude.
Samp Spa
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CfoSamp Spa Apr 2023 - PresentMonza E Brianza, Lombardy, Italy* Manufacturing company leader in Air Handling Units market, 30 M€ revenue and 110 people;* reporting to CEO and team of 5 people; functional reporting to Group CFO; * full CFO role, mainly focused on both supporting CEO in company business operations to improve profit and cash results and also transforming company processes as part of post-acquisition integration in the Group;* Member of international Steering Committee taking company decisions in the transition phase and active… Show more * Manufacturing company leader in Air Handling Units market, 30 M€ revenue and 110 people;* reporting to CEO and team of 5 people; functional reporting to Group CFO; * full CFO role, mainly focused on both supporting CEO in company business operations to improve profit and cash results and also transforming company processes as part of post-acquisition integration in the Group;* Member of international Steering Committee taking company decisions in the transition phase and active part in developing company culture from family owned business attitude to multinational structured approach; enhancement of Finance Team skills.--> developed monthly analysis of economic and financial results and introduced monthly dashboard of results shared with CEO and Management Team;--> introduced credit collection process and cashflow turned back to positive in 4 months;--> implemented budget process with CEO, involving all functional Managers;--> project on going to introduce measurement of profit by customer order. Show less
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Finance ManagerGruppo Sesa Sep 2019 - Mar 2023Milan, Lombardy, Italy* IT company listed in MTA Italian Stock Exchange (STAR segment), 2.4 B€ revenue and 4.200 employees;* reporting to Group CEO and team of 13 people;* Member of the Board of 2 companies;* overall Finance support to CEO’s of 16 companies of the Group in Northern Italy (enterprises with revenue from 5 M€ to 20 M€) - total 110 M€ revenue and 800 employees; * Merger & Acquisition operations (due diligence, evaluation, negotiation and integration).--» due diligence and… Show more * IT company listed in MTA Italian Stock Exchange (STAR segment), 2.4 B€ revenue and 4.200 employees;* reporting to Group CEO and team of 13 people;* Member of the Board of 2 companies;* overall Finance support to CEO’s of 16 companies of the Group in Northern Italy (enterprises with revenue from 5 M€ to 20 M€) - total 110 M€ revenue and 800 employees; * Merger & Acquisition operations (due diligence, evaluation, negotiation and integration).--» due diligence and evaluation of 16 M&A deals (acquisition, transfer of branch of business);--» reorganized and introduced monthly economic and financial reporting in 14 small and medium companies;--» restructuring of acquired company, moving from 10% loss to breakeven result in 9 months. Show less
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Sole DirectorKaleidoskopio Srls Jul 2017 - Sep 2019Milan Area, Italy* Finance Consultancy company;* Main customers: Blueit (IT Outsourcing - Monza MB), 17 M€ revenue and 200 employees; Claranet (IT Cloud Outsourcing - Milan), Group 360 M€ revenue and 1.800 people, Italy start-up;* comprehensive Finance consultancy relating to budgeting, forecasting, controlling and management accounting, financial statements, taxes, financial operations, working capital management, cashflow administration, pricing, procurement and process revision;*… Show more * Finance Consultancy company;* Main customers: Blueit (IT Outsourcing - Monza MB), 17 M€ revenue and 200 employees; Claranet (IT Cloud Outsourcing - Milan), Group 360 M€ revenue and 1.800 people, Italy start-up;* comprehensive Finance consultancy relating to budgeting, forecasting, controlling and management accounting, financial statements, taxes, financial operations, working capital management, cashflow administration, pricing, procurement and process revision;* extraordinary operations (M&A financial analysis, company transformation).--> active participation in M&A deal (negotiation and financial evaluation);--> integrated post-acquisition processes and developed management reporting by area. Show less
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Europe CfoToshiba Global Commerce Solutions, Inc Dec 2012 - Mar 2017Milan Area, Italy* IT multinational company for Retail market, Europe Div. 150 M€ revenue and 300 employees;* complete Finance role supporting country CEOs reference to budget, plan & control, local and US GAAP financial statements, taxes and relationship with external auditor, treasury and credit optimization, pricing and proposal to customer, procurement and internal controls.--» started Finance operations in the start-up phase of new group; introduced Oracle ERP;--» implemented monthly… Show more * IT multinational company for Retail market, Europe Div. 150 M€ revenue and 300 employees;* complete Finance role supporting country CEOs reference to budget, plan & control, local and US GAAP financial statements, taxes and relationship with external auditor, treasury and credit optimization, pricing and proposal to customer, procurement and internal controls.--» started Finance operations in the start-up phase of new group; introduced Oracle ERP;--» implemented monthly scorecard to review performance versus budget with country CEOs;--» profit recovery actions through company merger operation; reorganized Finance operations. Show less -
CfoS3 - Store System Solutions Feb 2010 - Dec 2014Milan Area, Italy* IT solutions company for Retail market (Toshiba Group), 25 M€ revenue and 100 employees;* reporting to General Manager and team of 10 people;* full Finance responsibility including financial operations and credit management; pricing and standard cost, yearly budget, plan & control, cost and profit analysis by contract, Italy and US GAAP books and tax, relationship with auditors, procurement, payroll; processes and internal control system.--» introduced management scorecard to… Show more * IT solutions company for Retail market (Toshiba Group), 25 M€ revenue and 100 employees;* reporting to General Manager and team of 10 people;* full Finance responsibility including financial operations and credit management; pricing and standard cost, yearly budget, plan & control, cost and profit analysis by contract, Italy and US GAAP books and tax, relationship with auditors, procurement, payroll; processes and internal control system.--» introduced management scorecard to measure performance by business area and profit analysis by order, that lead to improvement of 6% of gross margin on revenue;--» reduced credit exposure by 30%; redefined process of offering to customer. Show less
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Finance Manager - Global ServicesIbm Spa Sep 2005 - Jan 2010Milan Area, Italy* IT multinational company, 2.4 B€ revenue and 7.000 employees; Services Div. 1 B€ revenue and 3.400 people;* functional reporting to Paris HQ and team of 7 employees, Group consolidated operations;* monthly forecasting and controlling of P&L profit by business line, Merger & Acquisition financial evaluation, Finance support to Sales team to develop customer offering, Sales incentives.--» implemented reporting and forecast process of Services signed orders and backlog amount. -
CfoIntesa, An Ibm Company Mar 2003 - Aug 2005Turin Area, Italy* IT Outsourcing Services company (IBM Group), 25 M€ revenue and 150 employees;* reporting to General Manager and team of 15 people;* full CFO role including budget and forecast, management accounting analysis, financial operations and credit management, Italian and US GAAP books, taxes, relationship with internal and external auditors, IT, pricing financial evaluation, procurement, processes and control system.--» cost reduction leading back to positive profit in 12 months;… Show more * IT Outsourcing Services company (IBM Group), 25 M€ revenue and 150 employees;* reporting to General Manager and team of 15 people;* full CFO role including budget and forecast, management accounting analysis, financial operations and credit management, Italian and US GAAP books, taxes, relationship with internal and external auditors, IT, pricing financial evaluation, procurement, processes and control system.--» cost reduction leading back to positive profit in 12 months; reduced credit exposure by 15%;--» reorganized Finance Department and assigned 2 managerial responsibilities. Show less -
Pricing Coordinator - Full Outsourcing ServicesIbm May 1999 - Feb 2003Milan Area, Italy* Mediterranean Area, 500 M€ revenue and 2.000 employees;* functional reporting to Paris HQ coordinating 7 people, operations at consolidated Group level; * financial evaluation of investment, M&A analysis and customer negotiation.--» Pricing leader part of an international team in a customer negotiation in Portugal for four months, which lead to signature of 400 M€ contract for 10 years and creation of a joint-venture;--» Pricing coordinator in 6 months international deal… Show more * Mediterranean Area, 500 M€ revenue and 2.000 employees;* functional reporting to Paris HQ coordinating 7 people, operations at consolidated Group level; * financial evaluation of investment, M&A analysis and customer negotiation.--» Pricing leader part of an international team in a customer negotiation in Portugal for four months, which lead to signature of 400 M€ contract for 10 years and creation of a joint-venture;--» Pricing coordinator in 6 months international deal negotiating with customer in Turkey. Show less -
Finance Manager - Healthcare And Education IndustryIbm Sep 1996 - Apr 1999Milan Area, Italy* Europe: 210 M€ revenue and 600 employees / South Region: 50 M€ revenue and 140 people;* target setting, monthly forecasting and controlling of profit performance and resources dynamics, coordinating 5 European Regions;* financial support to Country Leaders.--» developed monthly plan and control process by business area/country. -
Plan & Control Manager - Personal Computer DivisionIbm Nov 1990 - Aug 1996Milan Area, Italy* South Europe PC: 90 M€ revenue and 80 employees / Italy PC: 80 M€ revenue and 70 people;* budgeting, forecasting and controlling of Division P&L results, coordinating management teams of 7 countries (1994-1996) and supporting Italy GM (1991-1993). --» introduced model to forecast and control profit by product line and by component. -
Financial Analyst - Consumer Market & External ChannelsIbm Feb 1986 - Oct 1990Milan Area, Italy* Italy Consumer products and Business Partner, 260 M€ revenue;* plan & control of revenue/cost margins by product and by channel.--» implemented revenue planning process, based on sales volumes projections and pricing data.
Massimo Cherchi Skills
Massimo Cherchi Education Details
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Business Economics, 110/110 -
Foreign Languages Secondary School60/60
Frequently Asked Questions about Massimo Cherchi
What company does Massimo Cherchi work for?
Massimo Cherchi works for Samp Spa
What is Massimo Cherchi's role at the current company?
Massimo Cherchi's current role is CFO at Samp Spa.
What is Massimo Cherchi's email address?
Massimo Cherchi's email address is ma****@****bero.it
What schools did Massimo Cherchi attend?
Massimo Cherchi attended Università Bocconi, Foreign Languages Secondary School.
What are some of Massimo Cherchi's interests?
Massimo Cherchi has interest in Alpine Trekking, Folk Rock Music, Trekking, Cross Country Skiing, 20th Century Painting, Tennis.
What skills is Massimo Cherchi known for?
Massimo Cherchi has skills like Budgets, Forecasting, Controlling, Cost Reduction, Business Analysis, Finance, Mergers And Acquisitions, Credit Management, Corporate Finance, Pricing, Negotiation, Start Ups.
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