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Distinct professional background from regional CFO positions in the largest markets in North and South America, in several industries. Extensive experience with growth in high-risk markets, always in close partnership with the sales organization. Recently supported the successful startup of local business entities in Colombia, Brazil and Mexico, resulting in 4x revenue growth in 4 years, and excellent local teams in place to drive even stronger growth in the future – always based on a pragmatic and scalable financial structure in accordance with the regulations of each country.Currently leading a high-impact global project for ROI/value selling, which supports Stibo Systems' strategic focus on Your Business First. By enabling our field reps to work with customers to define key financial metrics for their data projects and digital transformation, we help secure significant business outcomes and enforce a culture of accountability and data. Fluent in Spanish, Portuguese, English, Danish.
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Chief Financial OfficerEnavate May 2023 - PresentTampa, Florida, Us -
Vp Latam AlliancesStibo Systems Feb 2021 - May 2023Højbjerg, Dk -
Regional Chief Financial OfficerStibo Systems Apr 2015 - May 2021Højbjerg, DkStibo Systems is a global leader in Master Data Management (MDM) solutions. Over the last 30 years, we have helped teams in the manufacturing, distribution, retail, travel & hospitality, automotive, CPG and grocery industries manage master data on a global scale.The CFO Americas role covers the entities in Brazil, Canada, Colombia, Mexico, and the USA, and operations in the rest of the Americas region. -
Cfo South AmericaBeumer Group Jan 2012 - Apr 2015Beckum, DeThe hub for BEUMER Group's South American activities, 80 employees.• 9 people in the Finance department, covering Accounting, Treasury, Tax, Legal, Procurement, Business Analysis, and Project Controlling• Fundamentally changed the Finance function by terminating outsourced accounting, and upgrading auditers and internal processes to achieve high quality and 100% compliance to Group IFRS standards• Implemented strong finance support in the Sales organization, especially regarding project calculations, Group sales approval process, and contract negotiation• Assisted in succesfully selling and executing new system projects totalling BRL 100+ million • Strengthening of processes and financial controls, obtaining 100% penetration throughout the organization• Controller for the Bogota and São Paulo Viracopos airport BHS systems -
Finance ManagerVestas Sep 2011 - Jan 2012Aarhus, DkVestas Mediterranean, covering Southern Europe, South America, the Caribbean, and African emerging markets.Leading the Business Performance Management team, controlling wind farm construction projects with annual revenues of € 1.6bn.Working closely with local and regional operations teams during planning and execution of the projects, identifying, evaluating and controlling the P&L and cash risks involved. Strong focus on improving the quality of the control processes and the reporting of risks to Group, as well as the actions to mitigate such risks.Resigned the position with Vestas for a more challenging position with BEUMER. -
ConsultantHorizon Capital Dec 2010 - Aug 2011Leading startup investment projects in the agro and energy sectors, from identification of opportunities, through business plan development, and comprehensive financial modeling.
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Andean Region Finance LeadMonsanto Apr 2009 - Aug 2010St. Louis, Missouri, UsMonsanto is a US-based leading agricultural multinational, which applies biotechnology to help growers around the world grow more, with less natural resources. The Andean, Caribbean, and Central American regions are managed from the Bogotá office with 80 employees and sales of MUSD 100+. The Lead position is in charge of a team of 18 finance professionals in the areas Treasury, Controlling, Credit & Collections, Taxes, and Business Analysis, and reports to the CFO of the LATAM North region and the General Manager of the regional office.Main accomplishments:• Reduced operational costs by 25% by integrating Finance with business planning and cost control processes• Reduced foreign currency exposure by 20% by redefining transfer price policy for Venezuela• Successfully repatriated USD 23+ million through the CADIVI system over 12 month period• Aligned Venezuela accounting to US GAAP by changing the functional currency to USD• Had leading role in various commercial task teams to manage Venezuela business and political contingencies• Maintained 90% of A/R current by customizing financial solutions to each customer• Improved DSO by integrating this KPI in the sales team's bonus calculation• Received Monsanto Global Finance Award for leading Venezuela Risk Management (May 2010) -
Finance DirectorCheminova Colombia Nov 2007 - Dec 2008Harboøre, DkCheminova is a multinational producer and marketer of agrochemicals, with direct presence in 20 countries and HQ in Denmark. The Finance Director position managed a team of 5 finance professionals, and reported to the corporate CFO and the local General Manager, as member of the local Board of Management. Revenues of USD 25 million.• Directly managing Credit & Collections, Controlling, and Treasury• Strategic partner at corporate level for business valuation and eventual buyout• Lowered A/R risk by implementing control processes and increasing Finance presence in Sales• Formalized business processes by implementing various process manuals• Launched several financial solutions, customer factoring, credit insurance and USD forwards -
Executive Management AssistantCheminova Colombia Aug 2004 - Oct 2007Harboøre, DkMember of local Board of Management, reporting to the local General Manager and the corporate CFO. Responsible for all HQ financial reporting and budgeting, as well the marketing function and purchasing from foreign suppliers. Revenues of USD 25 million.• Reducing financing costs by implementing cashflow processes and working capital analysis • Contributed to growing the business 15% by identifying and launching new product candidates • Co-author of regionalization plan for South America, subsequently implemented by HQ -
Business TraineeCheminova Colombia Mar 2003 - Jul 2004Harboøre, Dk• Industry analyses• Strategic product candidate analyses• Product positioning• Strategic supply analyses• Preparation and negotiation of supply contracts
René Henrik Stephansen Skills
René Henrik Stephansen Education Details
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Emory University - Goizueta Business SchoolMaster Of Business Administration - Mba -
Syddansk Universitet - University Of Southern DenmarkMarketing And International Business -
Syddansk Universitet - University Of Southern DenmarkBa In International Business And Modern Language (English)
Frequently Asked Questions about René Henrik Stephansen
What company does René Henrik Stephansen work for?
René Henrik Stephansen works for Enavate
What is René Henrik Stephansen's role at the current company?
René Henrik Stephansen's current role is CFO at ENAVATE.
What is René Henrik Stephansen's email address?
René Henrik Stephansen's email address is re****@****ems.com
What is René Henrik Stephansen's direct phone number?
René Henrik Stephansen's direct phone number is +177042*****
What schools did René Henrik Stephansen attend?
René Henrik Stephansen attended Emory University - Goizueta Business School, Syddansk Universitet - University Of Southern Denmark, Syddansk Universitet - University Of Southern Denmark.
What skills is René Henrik Stephansen known for?
René Henrik Stephansen has skills like Strategy, Financial Analysis, Business Strategy, Management, Risk Management, Financial Reporting, Project Management, Business Planning, Strategic Planning, Financial Modeling, Leadership, Analysis.
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