TRANSFORMATIONÂ AFTER START-UP PHASE (16 MM)
Costumer: | Middle-sized engineering company (renewable energy), affiliate of a (at that time) German group, with >80 subsidiaries in Germany, Italy, France, North America and Australia |
Function: | Head of Finance international |
Situation: | Huge growth in sales from zero to 400m EUR within 2 years. Insufficient business processes and financial structure. Parallel holding-likewise structure |
Request: | Professionalising especially of the financial structure |
Further Request: |
Integration affiliate into parent company (merger) Rearrangement of investment financing (elimination of sub-holding) Integration of financial accounting (operational, personnel) Standardizing of business processes (preparation concept) |
Project result:
- Installation of financial accounting in Germany (staff, processes, quality)
- Installation of financial controlling (staff, reporting, structures)
- Optimization of SAP-Usage (modules FI, CO, MM, SD)
- Installation of investment controlling (staff, processes, reporting)
- Installation of month-end- / year-end-closing processes (development of standards, financial guidelines, evaluation methods, fast close)
- Implementation of profit centre accounting and P&L-cost-of-sales format
- Successful integration of the affiliate into parent company (merger)