Sven Thiele Email & Phone Number

Brisbane, Qld, Au

Melbourne, Victoria, Au

Lead 26-person Finance team across Singapore, Australia, Philippines, and Malaysia that partner with multiple business lines to globally manage USD3B spend and USD60B revenue.KEY RESPONSIBILITIES- Financial guidance and insights for decision-making- Budgeting and forecasting- Capital investment- Performance reporting- Financial Planning & Analysis- Strategic business direction and initiatives- Acquisitions- Divestments- Cost optimisation- Productivity benchmarking- Stakeholder management and collaboration- Coaching offshore support functions- Systems implementation for cost transparency and process transformation- Organisation redesign and location strategy- Capital expenditure - Investments justifications review KEY ACHIEVEMENTS- Drove USD0.6B multi-year expense optimisation initiatives by rationalising manpower needs, reducing contractor and consultancy spends, and controlling overhead expenses.- Reduced transfer pricing risk exposure by promoting transparency in systemic capture of cross boarder intracompany charging and eliminating non-compliant recording practices. - Directed myriad cost reduction initiatives in conjunction with divestment of 3 companies, which contributed USD250M to sustain margin (cost per tonne) at other mining locations.- Transformed FP&A to adopt high-performance and high-impact culture, while reducing USD1M cost via satellite locations in Philippines and Malaysia and concurrently improving staff satisfaction from 65% to 98% in 2 years.

Melbourne, Victoria, Au

Oversaw 15-person function (comprising Improvement and Procurement professionals across Chile, USA, Singapore, Australia, Malaysia, and Philippines).Delivered projects that progressively elevated organisation’s performance and contributed to functional excellence and operating effectiveness.Coordinated global category management initiative (comprising cross-regional leadership teams) to formulate 5-year improvement strategy and execution plans across enterprise. KEY ACHIEVEMENTS- Established and led offshoring program for Procurement, reconstructing ~200 roles into efficient shared services that significantly reduced cost by USD30M. - Rolled out new global procurement and vendor management system that ensured consistent capturing of all spends within single platform – promoting cost transparency and performance benchmarking, facilitating effective contract management, and reducing vendor delivery risk. - Devised and implemented simplified approval framework that shortened procurement turnaround times by 30% – immensely improving customer satisfaction, team experience, and vendor engagement.

Melbourne, Victoria, Au

Directed 8 Procurement professionals to deliver highly coordinated category management and procurement activities (for mining equipment, energy and fuels, and maintenance spares and consumables), aligning procurement strategies and supply chain requirements.Cultivated strong working relationships with Operational and Business stakeholders, delivering value accretive contracts and vendor relationships. KEY ACHIEVEMENTS- Shepherded business through 2016 energy crisis – negotiated emergency short-term energy supply contracts, worked with governments to restore energy supply, and influenced energy reform in South Australia.- Co-led development of inaugural APAC strategy aimed at integrating renewable energy into BHP’s operating assets, while maintaining affordability and security of supply. Project was pivotal to securing pathway to renewable power and removing reliance to carbon-intensive power supplies.- Secured business endorsement for first ever Australia-wide drill-and-blast supply strategy, significantly reducing cost of blasting products and accessories by introducing multi (instead of single) vendor arrangements.- Negotiated USD500M caterpillar regional supply agreement that delivered lower equipment and maintenance costs, while improvement resilience of equipment supply and build slots. - Secured USD50M triparty equipment leasing agreement with ANZ Banking Corporation and Liebherr for fleet of mining trucks aimed at improving equipment productivity and increasing operational throughputs. - Concluded energy supply offtake agreements with multiple power plants to deliver low-cost power to operating assets, thus reducing production costs and improving product margins.

Melbourne, Victoria, Au

Spearheaded cost reduction program with front-line management team with actions that reduced total maintenance, production, and overhead costs by 10% (or USD10/tonne) within 1 year. Orchestrated financial portfolio of Moranbah mine, supporting General Manager in performance management, capital allocation, budgeting and forecasting, reporting, cost monitoring and expense control.Improved systems, processes, policies, and business acumen aimed at driving faster more commercial business decisions.Instituted quarterly reviews, providing dashboard visibility for expense accruals, increasing thresholds for expense approvals with delegated approval matrix.Furnished finance-related training to elevate cost management discipline in mining operations.

London, England, Gb

Oversaw 2-person Finance team in Calide mine’s accounting and financial management – supporting General Manager in driving performance, allocating capital, budgeting and forecasting, reporting, capital investment, and expense monitoring.

London, England, Gb

Managed financial systems and processes for Grasstree mine, ensuring efficient and accurate reporting (including drafting of annual financial statements and investor materials) and compliance with budgets and plans. Delivered improvements in management reporting tools, resulting in faster turnaround of monthly reporting by 1 day.

Blue Bell, Pennsylvania, Us

Support management in delivering robust controls framework by leading complex internal audits on technology and operations to identify systemic gaps and ensure compliance with critical controls, internal policies, and procedures.

Certified Professional Accountant, Professional Accountantcy

Masters, Corporate Finance.

Master'S Degree, Accounting And Finance

Bachelor Of Commerce (B.Com.), Finance And Financial Management Services