Thomas H. Svensson Email & Phone Number

Gothenburg, Se

New York, New York, United States

As the Senior Group Business Controller at Amare Global, I am an essential member of the European finance team, contributing to the company's strategic objectives and overall goals from a financial perspective. Having a deep understanding of financial and business concepts, along with a strategic and analytical approach, makes me well-suited for this position. I have the ability to see the 'big picture', understand the objectives, independently develop solutions, propose improvements, and pay meticulous attention to details. I also have extensive experience in consolidation at group-level and a deep understanding of both US-GAAP and IFRS accounting standards.My responsibilities include overseeing, developing, and managing processes associated with the group's cash flow, forex hedging, sales performance, preparation of budgets, forecasting, and the design of KPI's.Other important responsibilities consist of:• Present monthly financial statements to senior executives, emphasizing significant variances and the elements influencing performance to ensure a thorough comprehension of the organization's financial condition.• Build relationships, prioritize reports, and comply with the deadlines set by the corporate headquarters in New York, which include group reporting, Europe Area and multi-country regions.• Providing reviews and guidance for decision-making, for example, assessing the effects of proposed changes to Amare Global's strategic agenda.• Manage financial assessments for new product introductions or refinement of current offerings, controlling pricing strategies and evaluating the consequences of price changes on profit margins.My true calling lies in analyzing financial data, where I focus on providing insights that are clear and applicable to both senior executives and my professional peers. My communication skills allow me to collaborate effectively across the organizational hierarchy, promoting teamwork and ensuring that every voice is respected!

Pittsburgh, Pennsylvania, United States

Responsible for planning, controlling, implementing, and managing all aspects of financial activities within the organizations below:• Matthews Marking Systems AB, Gothenburg Area, Sweden.• Matthews Marking Systems GmbH, Munich Area, Germany.Main duties and details:• Direct cash flow strategies and ensure that financial resources are on hand as needed.• Endorse strategies that aim to increase the effectiveness of working capital management systems.• Develop and utilize forward-looking, predictive models and financial analyses to provide insight into the organizations operation and business plans.• Provide support to the CEO and division management teams in addressing operational and strategic challenges.• Lead the financial planning and analysis to support business decisions, with a focus on sales growth and margin improvements.• Oversee drafting and analysis of budget proposals, ensuring alignment with strategic priorities.• Represent the company to financial partners, auditors and public officials.• Conduct operations within a landscape dictated by the regulatory framework applicable to U.S. public companies, obligating compliance with the provisions of the Sarbanes-Oxley Act (SOX).• Remain up to date on best practices and governmental law stipulations regarding the operations.• Establish and manage the documentation linked to transfer pricing.• Direct projects associated with the deployment of SAP systems across the European entities.• Review all formal procedures, processes and administration related to Finance and HR, recommending improvements to the systems in place and managing the system going forward.• Assure effective and efficient use of budgeted funds, personnel, materials and facilities.• Ensure timeliness, accuracy and usefulness of financial and management reporting; oversee the preparation and communication of monthly and annual financial statements.• Coordination of personnel in the finance teams operating in Sweden and Germany.

Pittsburgh, Pennsylvania, United States

Serving on the board of Matthews Marking Systems AB for 17 years has been an extraordinary honour, one that I cherish deeply.The formal duties of the board are governed by the Swedish Companies Act, which outlines the legal framework and responsibilities that board members must adhere to in the management and oversight of a company. This legislation establishes the fundamental principles of corporate governance in Sweden, ensuring that the board acts in the best interests of the company and its shareholders.Under the Swedish Companies Act, the board is responsible for making key decisions regarding the company's strategic direction, financial management, and overall operations. This includes the duty to ensure that the company complies with applicable laws and regulations, maintains accurate financial records, and conducts its business in a manner that promotes transparency and accountability.Additionally, the board is tasked with appointing and overseeing the company's executive management, setting performance targets, and evaluating the management's effectiveness in achieving those goals. The board must also ensure that there are adequate systems in place for risk management and internal controls to safeguard the company's assets and reputation.Furthermore, the Swedish Companies Act emphasizes the importance of the board's duty of care and loyalty to the company. Board members are expected to act in good faith, exercise independent judgment, and avoid conflicts of interest. They must prioritize the long-term interests of the company and its stakeholders, including shareholders, employees, customers, and the broader community.In summary, the formal duties of the board, encompass a wide range of responsibilities that are critical to the effective governance and sustainability of a company. These duties not only ensure compliance with legal requirements but also foster a culture of ethical leadership and responsible decision-making within the organization.

Pittsburgh, Pennsylvania, United States

Responsible for compiling monthly reports and ensuring follow-up actions related to the organizations detailed below:• Matthews Marking Systems AB - Gothenburg Area, Sweden.• Matthews France S.à r.l. - Paris Area, France.• Matthews Italia S.r.l. - Milan Area, Italy.• Matthews-Niescher GmbH - Düsseldorf Area, Germany.Other key responsibilities at Matthews Marking Systems AB:• Book and manage all accounting transactions.• Collect and track financial information.• Participate in the budgeting and forecasting process.• Ensure that monthly financial reports are submitted promptly to the corporate headquarters located in Pittsburgh, USA.• Handle the closing processes for monthly, quarterly, and annual accounts.• Reconcile accounts for payables and receivables.• Ensure timely processing of bank payments.• Intercompany netting processes.• Develop and oversee the documentation related to transfer pricing.• Calculate taxes and prepare tax filings.• Manage profit and loss statements along with balance sheets.• Drive improvements in operational routines and processes.• Calculation and analysis of product costs. The analysis highlighted the crucial importance of accurate data, sound budgeting, effective forecasting and supply chain dynamics.

Zurich, Switzerland

Responsible for the management of accounts and payment processes with a total book value of up to USD 20 million on a monthly basis. This extensive total equates to around USD 40 million in current monetary terms, emphasizing the scale and significance of this particular financial activity. The capacity to effectively communicate in both Swedish and English was a prerequisite, considering ABB's status as a major multinational enterprise.Other key responsibilities and specifics - ABB Distribution AB:• Managing intercompany netting transactions, ensuring accurate calculations and timely settlements while complying with policies and regulations.• Coordinate with the treasury team to follow up on strategies aimed at reducing currency risk and execute hedging transactions - ABB Treasury Center in Zürich, Switzerland.• Improving accounts payable processes. Identify areas for improvement, propose solutions for efficiency, and lead implementation of changes.• Investigating unapproved or inconsistent invoices. Resolve discrepancies by communicating with departments or vendors, validating invoices, and maintaining records of disputes.• Adjusting and reconciling the AP accounts of the general ledger, ensuring that all financial transactions are accurately recorded.

Bachelor Of Business Administration - Bba

• Marketing Management • Organization and Leadership • Financial Accounting • Management Accounting • The Internationalization Process.

International Business Management

• Advanced studies in global strategy. • Advanced studies in leadership and management. • Ethical and conscientious governance of business.