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Business-oriented CFO/COO, who finds the solutions and execute strategic initiatives with focus on profit line and motivated employees.+20 years’ experience within finance management and reporting.+15 years’ management experience+10 years’ operations experience, supply chain, logistics, Ecommerce etc. Other areas of competences: - M&A (Private Equity)- Reporting to board, executive, local management, franchise etc.- Cash management, treasury and optimization of cash flow- Experience with Danish labour - and employment law- Professional user of Microsoft Office package - especially Excel - general high IT under-standing- Large experience with ERP and BI systems – especially Navision, Axapta and PowerBI- Large understanding of TAX (incl. transfer pricing) and VAT handling cross borders in the Nordic countries- Experience with ecommerce, retail, consignment setup, shop-in-shop and chain operation
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CfoPuori Mar 2019 - PresentKøbenhavnsområdet, DanmarkResponsible for Finance, Supply Chain, Logistics, IT, Admin and overall Operation -
OwnerMwitt Consulting Jul 2018 - PresentKøbenhavnsområdet, DanmarkCFO Interim serviceInvent and maintain Excel and PowerPivot reports for excellent reportingTransparency and P&L analysis and business cases for FMCG businessExcel training and building competences for finance employees
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Interim CfoDyrberg/Kern Jul 2018 - Feb 2019Københavnsområdet, DanmarkResponsible for finance, IT and Supply Chain, -
Nordic Finance ManagerLeman Sep 2017 - Jun 2018Københavnsområdet, DanmarkResponsible for finance departments in the Nordic region. Establishing shared service function and group routines and policies within the group. Implementing group treasury function and currency hedging. -
Finance ManagerLeman Jan 2017 - Jun 2018Copenhagen Area, DenmarkResponsible for finance department consisting of 10 employees in Denmark. Month end closing and reporting. Year end closing and consolidation. Restructuring finance department with more efficient routines and higher service level. -
Finance ManagerDyrberg/Kern Jul 2012 - Dec 2016Copenhagen Area, DenmarkMy responsibility is to manage our customer care, claim and finance departments. Financial management, monthly reporting and forecast to the owners and board of Directors. In connection here to I support supply chain, logistic, IT and HR to make sure the whole operations is running.Main responsibility:- Part of management team- Management for 10 employees and 1 team leader- Stock Management, Cash flow and currency hedging- Monthly business reviews with sales managementRecent successes:- Turn around in finance department to well-functioning and competent support function- Direct cost saving of more than 1 million over the last to year- Increased currency hedging and risk reporting. Cost saving on financials on more than 1,5 million DKK the last yearIn addition hereto I am project manager of several new initiatives throughout the organization. Latest around:- Establishment of own E-Commerce website- New price structure, mark-up and key account program- Product assortment and profitability together with stock and purchase management -
Report ManagerNss Financial A/S Nov 2008 - Jun 2012CopenhagenNSS Financial A/S is a Nordic shared service centre within the Elkjøp Group, the largest distributor on the market for consumer electronics and appliances in Scandinavian with 225 stores and an annual turnover of 22 billion NOK. The sales channels for the group are El-giganten, Elkjøp, Giganttti, Lefdal and Electroworld. As manager for the reporting department at NSS it is my responsibility to handle the monthly retail reporting for all stores in the Nordic, P&L and balance sheet reporting and also preparation for monthly consolidation. During my time as manager for the department, I have ongoing streamlined the number of controller and meanwhile rapidly increased the quality in both the monthly and yearly reporting. I also covered 6 month as VAT Manager for the group.Main responsibilities:- Responsible for 5 Financial Controllers and member of the management- Responsible for year end and contact to external auditor for 24 Scandinavian companies- Responsible for internal audit and control- Implementing of Business Process Descriptions and the control based reporting and documentation hereof.Recent successes:- Turn around in the reporting department to high performance team with rapidly improved reporting quality- Direct cost saving in staff costs with more than 4 million DKK over 4 year due to efficient routines and building competences. Number of controllers reduces from 15 to 5- Successful outsourcing and quality control of 60 head counts to group shared service center in Czech- Implemented reporting per sales channel from top line to bottom line for the entire group with a turnover of 24 billion NOK. -
CfoOliver'S Petfood Global A/S Nov 2007 - Nov 2008Copenhagen Area, DenmarkOliver’s Petfood is an internet based dog and cat food supplier for consumers in Denmark and Sweden. My role as CFO covered many areas in an expanding company. I was responsible for finance, IT, HR and administration in Denmark and Sweden. I was also covering purchase, optimizing of stock management and cash flow.
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SupervisorErnst & Young Sep 2004 - Oct 2007Copenhagen Area, DenmarkAt Ernst & Young I was primarily planning, conducting and reporting audits for medium and large sized companies but was also involved in IFRS implementations and process optimizing. I was also internal teacher at Ernst & Young’s training program. -
AuditorRsm Plus Sep 2001 - Aug 2004Copenhagen Area, DenmarkAs auditor at RSM Plus, I was planning, conduct and reporting audit for small- and medium sized companies and internal training for trainees, ERP system and Excel.
Michael Witt Skills
Michael Witt Education Details
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Audit And Accounting -
Copenhagen Business College Niels BrockBusiness College
Frequently Asked Questions about Michael Witt
What company does Michael Witt work for?
Michael Witt works for Puori
What is Michael Witt's role at the current company?
Michael Witt's current role is CFO hos Puori.
What is Michael Witt's email address?
Michael Witt's email address is mi****@****ail.com
What schools did Michael Witt attend?
Michael Witt attended Copenhagen Business School, Copenhagen Business College Niels Brock.
What skills is Michael Witt known for?
Michael Witt has skills like Accounting, Internal Controls, Auditing, Team Management, Microsoft Excel, Tax, Financial Reporting, Project Planning, Internal Audit, Ifrs, Consolidation, Management.
Who are Michael Witt's colleagues?
Michael Witt's colleagues are Christopher Ginsborg Olczyk, Frederikke Brasch Nielsen, Josephine Strudahl, Lukas Smedegaard Steenholt, Milena Götzke, Joanna Guy, Boris Ferenc, M.d..
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