Professional Career

01/2015-06/2020	Project management Global Financial Services (GFS) - Senior Vice President/authorized officer Evonik Industries AG, Offenbach / Germany Number of member responsibility: 3 - Management of a project for the fundamental restructuring of GFS with savings of > € 20 million p.a. - Coordination of a consulting team. - Integration of accounting functions of the acquired companies into existing SSCs - Introduction KPI system - Selection Open-plan office for SSCs
07/2009-12/2014	Head of and Global Process Owner Current Account - Senior Vice President/authorized officer Evonik Industries AG, Hanau / Germany Number of member responsibility: 220 - Group-wide process responsibility for all strategic and operational issues relating to the sub-processes "from invoice receipt, accounting processing and outgoing payments to accounting and valuation" and "incoming payments to receivables valuation in the financial statements" as well as for related process optimization in line with best practices through creative and innovative management and IT solutions - Group-wide further development of the "Purchase-to-pay" and "Order-to-cash" process chains - As part of net working capital management, ensuring that the range of liabilities is increased with purchasing and that the range of receivables is reduced together with the business units - Contact person for specialist and general financial topics for Financial Services Benelux, Brazil, China, Iberia, Korea, NAFTA and Singapore - Realization of cost savings in the double-digit percentage range - Head of a project to optimize the Purchase-to-pay process chain - Sub-project manager for various integration projects, carve-out projects, migration projects, roll-out projects and corporate restructuring projects - Diversity: Women account for 30% of departmental managers and 60% of team leaders - Employee Survey 2012: Commitment Index of Current Account Employees is in the top third of the benchmarking
01/2007-06/2009	Head of and Global Process Owner Accounts Payable - Senior Vice President/authorized officer Evonik Services GmbH, Frankfurt Main / Germany Number of member responsibility: 95 - Group-wide responsibility for all strategic, operative and optimization topics regarding the process "from invoice receipt, posting of invoices, outgoing payments to book valuation and preparation of accounts." OCR and the invoice verification workflow were implemented for all German and all major foreign group companies - Restructuring and optimization of processes which lead to a cost-reduction of 25% in the area of responsibility - First certification of the internal control system in the service unit Accounts Payable incl. the year-end-controls in accordance with IdW PS 951 - Member of the evaluation committee on the employer side for the non-pay-scale employees in Corporate Center and Shared Service Center as well as member of a steering group to implement a sustainable personnel development program within Evonik Services GmbH - Member of a working group to optimize the service function of all German group companies
20/2002-12/2006	Head of and Global Process Owner Accounts Payable - Senior Vice President/authorized officer Degussa AG, Frankfurt Main / Germany Number of member responsibility: 56 - Implementation of processes in accordance with best practices - Migration of Accounts Payable to one location (before: 7 locations) and setting up of new organizational structures - Development and implementation of an invoice verification workflow within SAP - Restructuring and optimization of processes leading to a cost-reduction of 40% - Head of a cross-departmental project to optimize the process from freight purchasing to the verification of freight invoices; realization of cost-savings in a double-digit percentage rate
02/2002-09/2002	Head of the strategic group project "Shared Services in Financial Services" - Senior Vice President/authorized officer Degussa AG, Frankfurt Main / Germany Number of member responsibility: 3 - An analysis was carried out of pooling Accounts Receivable, Accounts Payable, General Ledger, Fixed Assets and Taxes in Germany as well as in Western Europe. The biggest saving potential was identified in Accounts Payable
05/2001-01/2002	Head of General Leger - Senior Vice President/authorized officer Degussa-Hüls AG, Frankfurt Main / Germany Number of member responsibility: 10 - Responsible for the preparation of the accounts of Degussa AG in accordance with HGB and US-GAAP - Restructuring and optimization of processes leading to a cost-reduction of 20% - Integration of 2 General Ledgers due to a merger - Head of a fast close project leading to a 50% reduction in the number of working days for the preparation of the accounts - Working in a group-wide reengineering project to optimize business processes and to realize savings
10/1997-04/2001	Head of Accounts Receivable and Payable Accounting - Senior Vice President/authorized officer Degussa AG / Degussa Hüls AG, Frankfurt Main / Germany Number of member responsibility: 50 - Responsible for the processes "incoming and outgoing payments" - Generation of concepts to realize the gains lying in the reduction of DSO - Preparation of the accounts for the accounts receivable and payable department - Restructuring and optimization of processes leading to a cost-reduction of 25% - Implementation of a cash-management-system - Head of a project to migrate from SAP R/2-RF to SAP R/3-FI - Project management: financial due diligence; merger, acquisitions, divestments, spin-offs - In charge of various functions with high responsibility in the back-office during shareholder's meetings
04/1995-09/1997	Senior Controller / Senior Manager Finance / Manager Dental Division ... Degussa Limited, Macclesfield / England - Senior Controller: monthly divisional forecasts, results and reporting; planning and budgeting; analysis of deviations between actual and forecast; capital expenditure control and reporting; cash flow forecasting - Senior Manager Finance: production of the monthly management accounts and the annual accounts in accordance with UK-GAAP; - Assistant to the Managing Director: eg. organization and preparation of board meetings; - Internal Auditor and Quality Auditor (in accordance with ISO 9001); - Manager Dental division (operative and administrative) until the business was sold in the UK
01/1990-03/1995	Senior Accountant Group Accounting Degussa AG, Frankfurt Main / Germany Performing all activities which are important for the preparation of group accounts; Supporting consolidated subsidiaries in preparing their HBII's which are the basis for the consolidation; analysis of group accounts: forecast of monthly group results; introduction of segmental reporting; deputy manager of a unit to optimize the internal cost and performance structure in finance; project management experience gained in various projects eg. to bring forward the shareholders meeting resulting in an acceleration of the supply of the group financial information to the capital market