Michael Wigge

Michael Wigge Email and Phone Number

Finance Leader | Controlling | FP&A @ INEOS Styrolution
hesse, germany
Michael Wigge's Location
Greater Chicago Area, United States
Michael Wigge's Contact Details

Michael Wigge personal email

n/a

Michael Wigge phone numbers

About Michael Wigge

Accomplished financial leader with a history of success leading all aspects of the financial planning and analysis function across multiple business units. Demonstrates expertise in supply chain finance, business unit leadership, project management, and cross-functional leadership driving cost reduction initiatives.

Michael Wigge's Current Company Details
INEOS Styrolution

Ineos Styrolution

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Finance Leader | Controlling | FP&A
hesse, germany
Employees:
1402
Michael Wigge Work Experience Details
  • Ineos Styrolution
    Head Of Business Partnering - Americas Region
    Ineos Styrolution May 2023 - Present
    Aurora, Illinois, United States
  • Ineos Styrolution America Llc
    Head Of Business Partnering, Standard And Specialties Polymers - Americas Region
    Ineos Styrolution America Llc Jul 2019 - May 2023
    Aurora, Illinois
    • Financial business partner for North and South America Polymers business supporting two segment VPs; ~$1.8b annual revenue. • Coach and oversee three business controllers, an internal transfer price controller and a consolidations controller. • Lead the monthly close process, the monthly forecast process and the annual budget process and communicate the results to the business and regional leadership. • Prepare and analyze new business opportunities and capital investments.• Support the implementation of international tax strategies and validation of internal transfer price studies.• Key finance member on the Sustainability Team supporting the financial analysis for investments in ECO/BIO, recycling and depolymerization projects for North America. • Evaluate new enhancements in SAP through user acceptance testing and integration planning.
  • Ineos Styrolution America Llc
    Business Controller - Specialties And Industry Team
    Ineos Styrolution America Llc Jun 2015 - Jul 2019
    Aurora, Il
    • Financial business partner for the Specialties Polymers segment supporting the segment VP.• Managed and developed three financial analyst and two site controllers across North and South America supporting multiple business units and entities. • Coordinated the annual budget process, created the monthly forecast and analyzed financial variances. • Prepared the financial business case to build a new 100kt polymer plant to alleviate near-term global capacity constraints and support the project activities through the 2020 start-up. • Developed standard reports and analysis to monitor performance and provide consistent value-added financial information to key decision makers. • Member of the Finance Vision team responsible for driving improvements in training and development, culture, and mindset to support the latest technologies and market developments.
  • Material Sciences Corporation
    Director Of Operational Accounting, And Controller
    Material Sciences Corporation Jan 2013 - Jun 2015
    Elk Grove Village, Il
    • Directed and managed the FP&A and accounting functions related to Gross Profit, Product Costing, Inventory Management, AP, and AR for both domestic and international operations. • Led the preparation of financial and operations variance analysis, communicated key drivers, and collaborated with operations to identify the root cause through LEAN problem-solving techniques. • Optimized and aligned the department structure to provide better support for internal customers. • Key member of the business team that supported the sale of the company to a private equity firm and led the post-merger integration activities for the finance department. • Coached and developed a team of five responsible for the FP&A activities associated with plant operations and inventory management. • Optimized and aligned the department structure to provide better support for internal customers.
  • Sara Lee Foodservice (Hillshire Brands)
    Director Fp&A - Foodservice
    Sara Lee Foodservice (Hillshire Brands) Dec 2010 - Aug 2012
    Downers Grove, Il
    • Senior finance partner for the Foodservice business segment and a member of the business leadership team; ~$1 billion annual revenue. • Managed a team of four responsible for the segment trade planning (~$300 million annually) and the financial, analytical, and decision-making support for the segment sales and marketing teams.• Provided value-added analysis of category/product P&L’s, COGS, pricing, and key initiative support. • Directed all financial planning and analysis for the four profit centers making up the Foodservice segment, ensuring the financial operating forecast (annual and long-range plans) delivered established key initiatives.• Prepared and presented the segment’s period performance, year-over-year analysis, and operating plans to the CEO, CFO, and the company senior leadership team. • Reviewed and approved the financial projections for all growth initiatives and “go-to-market” opportunities. • Finance partner on various cross-functional teams supporting the Lean Six Sigma culture. • Managed the segment finance team through a 50% workforce reduction and multiple company restructurings while improving and standardizing the financial analysis and reporting function.• Successfully analyzed commodity price trends and made price recommendations to offset upward trending commodity inflation of over $40 million.
  • Sara Lee
    Sr. Manager - Project Lead Sap Erp Implementation
    Sara Lee Aug 2009 - Dec 2010
    Downers Grove, Illinois
    • Business leader of the manufacturing and product cost process team managing the design and implementation of SAP ECC 6.0 (FI/CO, PP/PI, and MM) across the Supply Chain. • Successfully managed a staff of three plant controllers and co-led five IBM SAP technical consultants to deliver all business blueprint requirements and complete the work breakdown structure on time and on budget. • Monitored success through the development of unit and user validation testing while identifying and providing cross-functional communications regarding process changes resulting from SAP functionality and design decisions.
  • Sara Lee
    Sr. Manager Fp&A Food Manufacturing
    Sara Lee Jul 2005 - Aug 2009
    Downers Grove, Illinois
    • Business partner supporting multiple VP of Operations for Meat, Bakery, and Co-Man facilities; ~$600 million cost of goods manufactured. • Coached, led, and developed a staff of five plant controllers, two senior analysts, and fourteen indirect reports. • Planned, organized, and directed the financial planning and analysis function across multiple manufacturing sites, including the monthly and annual planning cycles ensuring delivery of key initiatives. • Finance partner on multiple business unit teams providing functional expertise for manufacturing and marketing initiatives, including LEAN Manufacturing Kaizens and product cost initiatives. • Assisted with the preparation, review, and tracking of the plant’s capital spend and post completion reviews. • Monitored compliance and adherence to company finance policies and SOX key controls. • Successfully managed and resolved all internal process and control issues identified during a special audit review of a procurement process conducted by internal audit.
  • Sara Lee Bakery Group
    Plant Controller
    Sara Lee Bakery Group Apr 2003 - Jul 2005
    Tarboro, North Carolina
    • Finance leader and member of the Plant Operations Leadership Team for a manufacturing facility producing over 100 million pounds of frozen baked goods, ~$120 million in cost of goods manufactured, and supporting $350 million in revenue. • Managed the finance staff consisting of seven employees responsible for plant cost and general accounting, daily production reconciliation and reporting, KPI reporting, payroll, and accounts payable functions. • Developed the monthly/quarterly financial statements, financial forecasts, and annual operating plans for the plant and communicated key financial analysis to the plant and division senior management teams. • Maintained production standards, labor routings, and bills of materials within SAP product cost system. • Developed a material-usage-variance report in SAP for use across the company to identify and eliminate material waste. • Monitored, tracked, and validated $25 million of cost savings initiatives delivered over a 3-year period.
  • Earthgrains Company
    Zone Financial Manager - Wisconsin Zone
    Earthgrains Company Sep 2000 - Apr 2003
    Madison, Wisconsin Area
    - Finance leader and member of the Zone Operations Leadership Team supporting a business zone made up of 3 production facilities and 2 direct store delivery sales zones with over $100 million in annual revenue. - Managed a finance staff of 3 accounting supervisors and 14 associates. - Analyzed financial, sales, and manufacturing data used to assist the Plant Managers and Zone Vice President in making strategic business decisions. - Ensured internal controls were in place adhering to company policies and procedures. - Successfully integrated newly acquired business areas to existing company policies, procedures, and SAP ERP system. - Consolidated finance functional work from two offices to one office with no additional headcount at surviving office.
  • Earthgrains Company
    Accounting Team Leader
    Earthgrains Company Feb 2000 - Sep 2000
    St. Louis, Missouri
    Oversaw the general accounting operations of multiple geographic Direct Store Delivery(DSD) regions with greater than $400 million in revenue. Prepared, updated, and reviewed accounting policies and procedures for use throughout the entire organization. Supervised and coached a staff of seven professional accountants. Prepared performance appraisals to provide developmental feedback and talent development plans.
  • Earthgrains Company
    Staff Accountant
    Earthgrains Company Aug 1998 - Feb 2000
    St. Louis, Missouri
    Responsible for reviewing and reconciling P&L and balance sheet activity for multiple business areas ensuring overall financial integrity. Participated in the successful integration of multiple business areas to the Financial Shared Services business model.
  • Flyer Striping Inc
    Controller
    Flyer Striping Inc Dec 1994 - Aug 1998
    St. Louis, Missouri
    Responsible for all accounting functions including payables, receivables and general ledger accounting for a construction firm with $850 thousand in revenue. Converted the business from a manual ledger keeping process to a computerized ledger process.

Michael Wigge Skills

Sap Forecasting Cross Functional Team Leadership Process Improvement Cost Accounting Financial Analysis Variance Analysis Budgets Supply Chain Sarbanes Oxley Act Financial Reporting Pricing Leadership Business Process Improvement Financial Planning Lean Manufacturing Managerial Finance Finance Manufacturing Continuous Improvement Accounting Analysis Internal Controls P&l Management Accounts Payable Project Management Auditing Capital Budgeting Erp Bakery Full P&l Responsibility Financial Forecasting Internal Audit Product Development Procurement Problem Solving Hyperion Enterprise Pricing Analysis Meat Budget Strategic Financial Planning Business Planning Income Statement Inventory Management General Ledger Essbase Accounts Receivable Consolidation Sarbanes Oxley Financial Modeling

Michael Wigge Education Details

Frequently Asked Questions about Michael Wigge

What company does Michael Wigge work for?

Michael Wigge works for Ineos Styrolution

What is Michael Wigge's role at the current company?

Michael Wigge's current role is Finance Leader | Controlling | FP&A.

What is Michael Wigge's email address?

Michael Wigge's email address is mi****@****ion.com

What is Michael Wigge's direct phone number?

Michael Wigge's direct phone number is +141378*****

What schools did Michael Wigge attend?

Michael Wigge attended University Of Missouri Trulaske College Of Business, Maryville University Of Saint Louis, St. Mary's High School.

What skills is Michael Wigge known for?

Michael Wigge has skills like Sap, Forecasting, Cross Functional Team Leadership, Process Improvement, Cost Accounting, Financial Analysis, Variance Analysis, Budgets, Supply Chain, Sarbanes Oxley Act, Financial Reporting, Pricing.

Who are Michael Wigge's colleagues?

Michael Wigge's colleagues are Suvendu Sekhar Sasmal, Dominique Delassus, Jesus David Hernandez Garcia, Hardik Shah, Carl Mertens, Peter Weinkoetz, Pauline Goedehaud.

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