Pavel Šustek, Fcca

Pavel Šustek, Fcca Email and Phone Number

Chief Financial Officer and Board Member @ TESCAN
South Moravian Region, Czechia
Pavel Šustek, Fcca's Location
Brno, South Moravia, Czechia, Czech Republic
Pavel Šustek, Fcca's Contact Details

Pavel Šustek, Fcca personal email

n/a
About Pavel Šustek, Fcca

Mr Pavel Šustek is an enthusiastic result driven seasoned finance and general management leader with a global expertise primarily in hi-tech and industrial market sectors gained mainly through the various senior executive roles in listed companies headquartered in the USA, UK and Sweden. NEARLY 30 YEARS OF EXPERIENCEBusiness strategy, business performance management, FP&A, budgeting, forecasting, reporting & analysis, board reporting, risk identification & mitigation, project management, working capital management, cost down initiatives, M&A transactions & integrations, synergies, R&D, make vs buy decision support, product pricing, brand positioning, internal controls, productivity improvements, business process improvement, agility planning, treasury, transfer pricing, financing, audit, compliance, IPO, SEC reporting, Sarbanes-Oxley, IFRS, US GAAP, UK GAAP, German GAAP, start-ups, scale-ups, private equity, due diligence.#there is always a better way

Pavel Šustek, Fcca's Current Company Details
TESCAN

Tescan

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Chief Financial Officer and Board Member
South Moravian Region, Czechia
Pavel Šustek, Fcca Work Experience Details
  • Tescan
    Chief Financial Officer And Board Member
    Tescan
    South Moravian Region, Czechia
  • Tescan
    Chief Financial Officer & Board Member
    Tescan Oct 2022 - Present
    Brno, Cz
  • Rompa Group
    Finance Director
    Rompa Group Aug 2020 - Oct 2022
    Boxtel, Noord-Brabant, Nl
    Crisis & turnaround management, business intelligence, data mining, cost cutting, restructuring, waste elimination, working capital improvement, re-financing, covenant re-negotiation, businessperformance management, budgeting, forecasting, reporting & analysis, teamdevelopment, business process improvements, digitization.
  • Renomia
    Cfo & Board Member
    Renomia Aug 2018 - Mar 2020
    Prague, Česká Republika, Cz
    Net revenue – USD 65m, EBITDA 19%, 600 staff, 7 countriesBusiness strategy, business performance management, budgeting, forecasting, reporting & analysis, board reporting, project management, risk identification & mitigation, treasury, financing, dividend policy, cost down initiatives, audit, tax & statutory reporting compliance, M&A transactions & integrations, synergies, internal control, productivity improvements, cash-flow, team development, succession planning, business process improvements, digitization.
  • Atlas Copco
    Vice President Finance (Business Control) & Country Leader Edwards Czech Republic
    Atlas Copco May 2017 - Jul 2018
    Stockholm, Se
    Revenue – USD 300m, EBITDA 20%, 1,000 staff, 3 brands - Edwards, Leybold, Gamma Vacuum, global presenceExecuting control of the divisions global consolidated financial performance and ensuring that the financial reporting and accounting practices of all customer centers and product companies reporting into the division are fully in line with the accounting manual and local legal rules. Collecting and visualizing high quality financial and business information to support the management to take correct strategic decisions regarding the business. Continuously analyzing and following up the business securing that trends of business are well understood throughout the division, that red flags are highlighted and action plans put in place. Leading the planning process for the division. Integrating Leybold into the division and driving profitability improvement initiatives (product positioning, product pricing, cost down, factory underutilization etc.)
  • Edwards Group Limited
    Global Controller For High Vacuum Division & Country Leader Czech Republic
    Edwards Group Limited May 2013 - May 2017
    Burgess Hill, West Sussex, Gb
    Driving profitability and working capital improvements of the High Vacuum division. Actively participating in the NASDAQ IPO process, including SOx implementation.Executing control of the divisions global consolidated financial performance and ensuring that the financial reporting and accounting practices of all customer centers and product companies reporting into the division are fully in line with the accounting manual and local legal rules. Collecting and visualizing high quality financial and business information to support the management to take correct strategic decisions regarding the business. Continuously analyzing and following up the business securing that trends of business are well understood throughout the division, that red flags are highlighted and action plans put in place. Leading the planning process for the division.
  • Edwards Group Limited
    Ssc Manager
    Edwards Group Limited Sep 2009 - Apr 2013
    Burgess Hill, West Sussex, Gb
    Pavel has established (start-up) and managed (scale-up) Finance Shared Service Center of Edwards Group Limited in Brno. The SSC is in charge of all finance activities for European and US Edwards entities. SSC employs 75+ well educated, skilled and motivated finance staff who are passionate about customer service levels, quality and customer satisfaction. SSC doubled its efficiency under Pavel's management.
  • Life Style Sports
    Coo For Central & Eastern Europe
    Life Style Sports Sep 2007 - Aug 2009
    Dublin, Ie
    Pavel has been hired as Finance and Administration director to step in and establish control over the business after its acquisition. Within the first three months Pavel implemented key process controls, led accounting team to reconstruct majority of general ledger accounts to show true status of the business, identified contingencies that existed in acquistion, completed merger of two Czech companies (SPV and target) and established accurate daily, weekly and monthly financial and management reporting routines.In mid 2008, the business has been seriously affected by decline in consumer appetited to spend combined with substantial increase in sport retail space in Czech Republic. Underperformance of the business has been spotted quickly and the opportunities for savings as well.The three key actions were identification and redundancy of 35% of staff (stores and head office, 80 FTE), re-negotiations of store lease conditions and finally maximization of supplier rebates.
  • Rolofol Sro
    Chairman Of Supervisory Board
    Rolofol Sro Apr 2005 - Feb 2008
    Pavel has been offered to buy minority shareholding in this start-up business. The other four minority shareholdewrs quickly identified Pavel's qualities and experience that could be used to challenge business strategy and operations and hence protect their shareholdings. Pavel became Chairman of Supervisory Board. His key activity was analysis and challenging of quarterly results, implementation and review of key internal controls. The business has been growing dramatically so the time for sale came quicker than expected. Pavel has been asked by three majority shareholders to participate in negotiations with bidders to ensure maximization of shareholder value. One of the bidders was famous Benetton family. Ultimately Pavel brought in the bidder who finally acquired the business. Pavel also succesfully led negotiations between bidder and minority shareholders.
  • Rolofol Sro
    Owner
    Rolofol Sro Feb 2005 - Feb 2008
    See Chairman of SB section.
  • Fei Company
    Global Operations Controller & Finance Manager
    Fei Company Aug 2004 - Sep 2007
    Hillsboro, Oregon, Us
    Established a motivated and engaged team of local operations controllers based in Hillsboro, Eindhoven and BrnoPut into practice simplified and faster forecasting processImplemented a new purchase price variances budgeting processDrove annual budgeting cost rollup, and regular forecasting processesPushed factories to deliver their operational efficienciesChallenged proposed investmentsProvided inputs for NASDAQ reportingEstablished motivated and engaged 10-member finance teamImplemented Sarbanes–OxleyIntroduced US GAAP as primary accounting (previously Czech GAAP)Accelerated month-end process from 10 working days to 5Introduced transparency for year-end statutory reportingEnabled massive growth while maintaining stable headcount in finance team (revenue rose from CZK 300 million to CZK 3 billion and company headcount from 150 to 350)Implemented transfer pricing policies and applied for advance pricing agreement (which was successfully granted after my departure)Ensured unqualified audit opinions and avoided significant internal control findingsImplemented tight cost controlActively participated in supplier evaluations and make / buy decisions
  • Vltava Fund Sicav
    Non-Executive Director
    Vltava Fund Sicav Sep 2004 - Apr 2007
  • Pricewaterhousecoopers
    Audit Manager Czech Republic & Ireland
    Pricewaterhousecoopers Aug 1996 - Aug 2004
    Gb
  • Atlantik Ft
    Equity Analyst
    Atlantik Ft 1996 - 1996

Pavel Šustek, Fcca Skills

Accounting Internal Controls Management Auditing Ifrs Financial Reporting Financial Analysis Managerial Finance Business Process Improvement Us Gaap Financial Accounting Shared Services Forecasting Sap Audit Financial Management Non Executive Director Sox Uk Gaap

Pavel Šustek, Fcca Education Details

  • Duke University - The Fuqua School Of Business
    Duke University - The Fuqua School Of Business
    International Management
  • Stockholm School Of Economics
    Stockholm School Of Economics
    Management
  • Korn Ferry
    Korn Ferry
    Action Learning
  • The Footdown School Of Coaching And Mentoring
    The Footdown School Of Coaching And Mentoring
    Coaching And Mentoring
  • Acca
    Acca
    Ifrs
  • Brno University Of Technology
    Brno University Of Technology
    Materials Science / Semiconductors
  • Masaryk University Brno
    Masaryk University Brno
    Companies Law
  • Gymnazium Hranice
    Gymnazium Hranice
    General

Frequently Asked Questions about Pavel Šustek, Fcca

What company does Pavel Šustek, Fcca work for?

Pavel Šustek, Fcca works for Tescan

What is Pavel Šustek, Fcca's role at the current company?

Pavel Šustek, Fcca's current role is Chief Financial Officer and Board Member.

What is Pavel Šustek, Fcca's email address?

Pavel Šustek, Fcca's email address is pa****@****kovi.eu

What schools did Pavel Šustek, Fcca attend?

Pavel Šustek, Fcca attended Duke University - The Fuqua School Of Business, Stockholm School Of Economics, Korn Ferry, The Footdown School Of Coaching And Mentoring, Acca, Brno University Of Technology, Masaryk University Brno, Gymnazium Hranice.

What skills is Pavel Šustek, Fcca known for?

Pavel Šustek, Fcca has skills like Accounting, Internal Controls, Management, Auditing, Ifrs, Financial Reporting, Financial Analysis, Managerial Finance, Business Process Improvement, Us Gaap, Financial Accounting, Shared Services.

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