Mats Teir Email & Phone Number

Stockholm County, Sweden

Solna, Stockholm, Se

Södertälje, Stockholm County, Se

Hisstema develops, manufactures and markets elevator control systems on the nordic market.An extensive turnaround-project has delivered substantial results, including:• 25% cost reductions and improved production efficiency• Quality improvements and improved customer satisfactionI have been driving the process to sell the company, to create a sound basis for long term profitability. Since December 2018 Hisstema is a part of the Hydroware group.

Kista, Se

Smarteq is a listed company that develops antenna systems for the automotive and M2M industries. Production is located in Hungary and Far East, customers worldwide. An ambitious turnaround was initiated in 2011.As member of the new management team I initiated and participated in a.o.• Changes in organization, staffing and company culture• Improvements in cost structure, margins and working capital• Business and process development

Amsterdam, Noord-Holland, Nl

2009-2010: Philips Shared Business Services Finance – Order2Cash SpecialistHarmonization and efficiency improvements in Cash Collection processes.I was in charge of the roll-out of ”Tier 3” covering ”small countries” worldwide:• Designed, planned and organized global roll-out, implemented in EMEA2008-2009 Philips Healthcare MCR EMEA - International Project ManagerPhilips Healthcare MCR EMEA supplies medical equipment to hospitals in 100+ small countries in Eastern Europe, Middle East & Africa.• Designed and implemented a program to standardize and develop the finance departments in small countries, “From Book-keepers to Business Partners” • Analyzed and improved local processes within Cash Collection, resulting in a Cash-Flow effect of 30 MEUR.2003-2008: Philips Healthcare Nordic - CFOPhilips Healthcare Nordic supplies medical equipment to hospitals in the Nordic countries.• The accounting department was restructured and outsourced Shared Service Centre in Poland, which contributed to substantial savings and improved quality KPA:s.• Implemented focused and systematic KPI monitoring of the business. Controllingprocesses and –tools developed, which increased “Forecast accuracy” to Best In Class- level, and contributed to drastic growth in top- and bottomline.• Merged F&A with a Dutch sister organization, MCR EMEA, to create synergies and increase efficiency• Implementation of a SOX-compliance program in the entire organization – graded “benchmark level” by internal auditThe above mentioned changes and improvements contributed to excellent top- and bottom-line growth during the period.

Milford, Ma, Us

Waters Nordic is a sales/service organization in the business of laboratory equipment.• Streamlined F&A processes and improved co-operation with sales and service departments, including improvements in SAP utilization• Transformed the country-specific F&A departments into a Nordic F&A team, with 12 direct reports in 4 countries, “Virtual Shared Service Centre”• Merged F&A with sister company Micromass, implemented SAP in MicromassThe above contributed to Waters drastic business growth without adding F&A resources.

Mail order company operating in 6 countries, selling cosmetics & underwear• Established business in Poland and Czech Republic• Developed automated accounting practices• Implemented automatic IT system for customer service• Improved cash collection processes and –models, with profit of 1 MSEK+ per year

Ekonmag, Finance

Student, Studentexamen