CFO and Senior Consultant
Jürgen Schneider
Keywords
Skills
- CFO, Senior Finance Leader, Senior Finance Consulting
- IFRS, Swiss GAAP, HGB, US GAAP
- MS-Office, Lotus Notes,
- SAP/R3 (FI/CO), Microsoft Dynamics Navision, Xero, DATEV,
Project history
01/2019
-
Present
Overall commercial responsibility for finance, controlling, reporting, accounting, human resources and IT
- Responsibility and compiling consolidated, annual, quarterly and monthly financial statements as accounting specialist (IFRS, German GAAP (HGB), Swiss GAAP (OR))
- Designing and optimizing the finance department, reporting systems and controlling, as well as changing processes, including KPIs
- Ensuring compliance with tax and legal regulations
- Carrying out restructurings and M&A transactions
- Guiding initial public offerings (IPOs)
- Implementing and optimizing ERP systems (SAP)
- Governor function of Asian investors
Engagements
- External audits (Big4
- Planning calculations of an investment project of 150 million CHF and presentation at potential investors
10/2022
-
10/2023
Head of Accounting
Maschinenbau
(Industry and mechanical engineering, >10.000 employees)
- mechanical engineering company, swiss subsidiary of international group
- rebuilt accountng department
- reorganized accounting
The Swiss subsidiary group of the MNC had passed several restructurings an fluctiations of personnel. As interim Head of Accounting, I rebuilt the accounting team, function and processes; revised the financial reporting system and integrated the new accouting team. I ensured timely monthly reporting of all sub group companies to headquarters and senior management and created a team that worked smoothly hand-in-hand with each other and the controlling team.
09/2021
-
06/2022
CFO – Member of the Executive Management - Pharma Company (Start-up SME Group, US private equity investor)
Bio Pharma Company
(Pharmaceuticals and medical technology, 50-250 employees)
- Start-up SME Group, US private equity investor
- built up finance department from scratch
- integrated acquired entity
- project business
08/2020
-
08/2021
Group Controller - Fin-Tech/Med-Tech/Software Company (startup, listed, private equity investor)
Fin-Tech/Med-Tech/Software Company
(Pharmaceuticals and medical technology, 50-250 employees)
- startup, listed, private equity investor
- annual single and consolidated financial statements
- optimized controlling and reporting structure
- capital increase
- guided annual audit
08/2019
-
05/2020
Senior Consultant – 150 Mio. EUR Real-Estate-Investment-Projekt
Real-Estate-Investment-Company
(Other, < 10 employees)
- EUR 150 million investment in real estate tourism, hotels, attractions
- investment, financial, and profitability planning
- 3 segments, 12 units, 10 years consolidated
- presentation to investors in Luxembourg and Switzerland
The Real-Estate-Investment-Company was going to realize an investment project of 150 mil. EUR in tourism real estate with hotels & resorts and several attractions in the northern part of Italy to attract potential investment funds. As Senior Consultant, designed consolidated financial statements for 10 years, consisting of 3 sup-projects and 12 reporting units. Structured project, sub-projects and units for finance and profitability purposes; generated investment information and analyzed underlying data and assumptions; consolidated financial statements of units/sup-projects; reviewed business plan be in line with financials; presented project together with sponsor to investment funds in Luxembourg and Switzerland. Succeeded in delivering milestones, presenting to investors and won the gentrification competition of the Italian province government.
01/2019
-
06/2019
External Auditor @ Big4 - Support
Big 4
(Auditing, taxes and law, >10.000 employees)
Support annual audits of financial and consolidated financial statements as external auditor
10/2012
-
12/2018
Country CFO - Member of the Management Team - Medical Device
SWISSRAY MEDICAL AG
(Pharmaceuticals and medical technology, 50-250 employees)
SWISSRAY MEDICAL AG, LUCERNE, SWITZERLAND
Swissray Medical AG needed to improve and to optimize efficiency of financial
processes and work delivered in their Finance department. As Country CFO, led the
finance function restructure. Analyzed current finance processes; engaged team to
identify areas for optimization; designed and implemented new processes with the
team; reconfigured team; and moved group functions to new Taiwanese HQ.
Succeeded in reducing costs by 30 % and improving efficiency, including reducing
financial statement preparation from 12 to 3 days.
The Swissray Group were going public on the Taiwan Stock Exchange. As Project
Manager, led the IFRS Conversion from local Swiss GAAP and guided the IPO in the
Swiss entity. Analyzed accounting system and policies; designed new accounting
policies and chart of accounts implemented into ERP system; analyzed IPO
requirements; generated info and documents for emission prospectus; and
cooperated closely with non-German speaking Taiwanese IPO team. Succeeded in
ensuring the IFRS conversion project and IPO were delivered on time and as planned.
Swissray Medical AG were changing their ERP system to SAP R/3, in parallel to the IPO.
As Country CFO, ensured efficient operation of ERP/SAP/IT systems and processes
following the SAP implementation. Identified and analyzed issues with SAP
implementation; designed correct processes and application guidance; and led
implementation of new processes and ensured close adherence to new application
guidance. Succeeded in ensuring a significant reduction in accounting discrepancies
with a stable ERP system in use across the Finance department.
Swissray Medical AG needed to improve and to optimize efficiency of financial
processes and work delivered in their Finance department. As Country CFO, led the
finance function restructure. Analyzed current finance processes; engaged team to
identify areas for optimization; designed and implemented new processes with the
team; reconfigured team; and moved group functions to new Taiwanese HQ.
Succeeded in reducing costs by 30 % and improving efficiency, including reducing
financial statement preparation from 12 to 3 days.
The Swissray Group were going public on the Taiwan Stock Exchange. As Project
Manager, led the IFRS Conversion from local Swiss GAAP and guided the IPO in the
Swiss entity. Analyzed accounting system and policies; designed new accounting
policies and chart of accounts implemented into ERP system; analyzed IPO
requirements; generated info and documents for emission prospectus; and
cooperated closely with non-German speaking Taiwanese IPO team. Succeeded in
ensuring the IFRS conversion project and IPO were delivered on time and as planned.
Swissray Medical AG were changing their ERP system to SAP R/3, in parallel to the IPO.
As Country CFO, ensured efficient operation of ERP/SAP/IT systems and processes
following the SAP implementation. Identified and analyzed issues with SAP
implementation; designed correct processes and application guidance; and led
implementation of new processes and ensured close adherence to new application
guidance. Succeeded in ensuring a significant reduction in accounting discrepancies
with a stable ERP system in use across the Finance department.
Swissray Medical AG was audited by the tax authorities and had to submit meaningful transfer pricing documentation. As Country CFO, I led the transfer pricing project, analyzed the costing and financial processes, defined the requirements to be met, designed and implemented new documentation processes with the teams in Switzerland, USA and Taiwan. I ensured that transfer pricing documentation met the legal requirements and no additional taxes had to be paid.
11/2010
-
08/2012
Project Manager First Consolidated Financial Statements
KRAH NORTH AMERICA INC.
(Industry and mechanical engineering, 50-250 employees)
KRAH NORTH AMERICA INC., EAST POINT, GEORGIA, USA
Krah North America had 6 legal units reporting individually. As Project Manager, led
delivery of their first consolidated financial statements across global units. Analyzed
each country situation and local accounting standards; developed and implemented
uniform accounting standards and group-wide accounting manual; designed
consolidated financial statement processes; set-up and ensured IT configuration in line
with manual; and coordinated global accounting teams. Succeeded in optimizing
processes and accounting quality within budget and timeframe.
Krah North America had 6 legal units reporting individually. As Project Manager, led
delivery of their first consolidated financial statements across global units. Analyzed
each country situation and local accounting standards; developed and implemented
uniform accounting standards and group-wide accounting manual; designed
consolidated financial statement processes; set-up and ensured IT configuration in line
with manual; and coordinated global accounting teams. Succeeded in optimizing
processes and accounting quality within budget and timeframe.
11/2007
-
09/2010
Senior Manager IFRS Specialist, Group Accounting Policy - Zurich Insurance Group
ZURICH FINANCIAL SERVICES AG
(Insurance, >10.000 employees)
ZURICH FINANCIAL SERVICES AG, ZURICH, SWITZERLAND
Zurich Financial Services AG required standardized interim financial accounts to drive
decision making. As Senior Manager and IFRS Specialist, designed standardized interim
financial statements for all 3 quarters. Analyzed IAS 34 requirements; analyzed
financial statements; designed standardized interim financial statements aligned to IAS
34; prepared Group CFO decision paper; and advised on format and content of new
statements. Succeeded in enabling delivery of quarterly interim financial reports which
can now be downloaded via their website.
Zurich Financial Services AG needed to ensure implementation of a revised IFRS 3 on
business combinations across the group. As Senior Manager and IFRS Specialist, led
project to implement the revised IFRS 3. Analyzed and identified impact of IFRS 3
changes; liaised closely with key group stakeholders; drafted and updated accounting
policy on business combinations; advised relevant functions on changes; and tested
implementation in accounting system. Succeeded in delivering the project 1 month
ahead of plan & ensuring rollout across group.
Zurich Financial Services AG required standardized interim financial accounts to drive
decision making. As Senior Manager and IFRS Specialist, designed standardized interim
financial statements for all 3 quarters. Analyzed IAS 34 requirements; analyzed
financial statements; designed standardized interim financial statements aligned to IAS
34; prepared Group CFO decision paper; and advised on format and content of new
statements. Succeeded in enabling delivery of quarterly interim financial reports which
can now be downloaded via their website.
Zurich Financial Services AG needed to ensure implementation of a revised IFRS 3 on
business combinations across the group. As Senior Manager and IFRS Specialist, led
project to implement the revised IFRS 3. Analyzed and identified impact of IFRS 3
changes; liaised closely with key group stakeholders; drafted and updated accounting
policy on business combinations; advised relevant functions on changes; and tested
implementation in accounting system. Succeeded in delivering the project 1 month
ahead of plan & ensuring rollout across group.
09/2002
-
10/2007
Manager Technical Department of IFRS and Auditing - BDO
BDO DEUTSCHE WARENTREUHAND AG
BDO DEUTSCHE WARENTREUHAND AG, DÜSSELDORF AND HAMBURG, GERMANY
BDO Deutsche Warentreuhand AG needed to audit a German subsidiary that was
purchased by an American business undergoing IPO. As Manager, led German
company audit according to US GAAS and NASDAQ requirements. Audited financial
statements and reporting package; audited German subsidiary IPO docs; reported to
IPO engagement partner in USA; and reworked tasks as a result of 2x postponement of
parent company IPO. Succeeded in ensuring the audits were consistently completed
on time and within budget.
BDO Deutsche Warentreuhand AG was engaged by large MNC to deliver a global audit
of consolidated financial statements. As Manager, coordinated the worldwide audit.
Drafted audit instructions; set up software to track audit progress; monitored activities
of local auditors; ensured timely preparation and delivery of results by auditors; and
provided specialist guidance as required. Succeeded in ensuring the project was
delivered on time and budget, reducing audit time and costs while ensuring a
consistency in audit quality across global locations.
BDO Deutsche Warentreuhand AG needed to audit a German subsidiary that was
purchased by an American business undergoing IPO. As Manager, led German
company audit according to US GAAS and NASDAQ requirements. Audited financial
statements and reporting package; audited German subsidiary IPO docs; reported to
IPO engagement partner in USA; and reworked tasks as a result of 2x postponement of
parent company IPO. Succeeded in ensuring the audits were consistently completed
on time and within budget.
BDO Deutsche Warentreuhand AG was engaged by large MNC to deliver a global audit
of consolidated financial statements. As Manager, coordinated the worldwide audit.
Drafted audit instructions; set up software to track audit progress; monitored activities
of local auditors; ensured timely preparation and delivery of results by auditors; and
provided specialist guidance as required. Succeeded in ensuring the project was
delivered on time and budget, reducing audit time and costs while ensuring a
consistency in audit quality across global locations.
01/2001
-
08/2002
Assistant in Auditing and Taxation - Ernst & Young
Ernst & Young Deutsche Allgemeine Treuhand AG
(Auditing, taxes and law, >10.000 employees)
03/2000
-
07/2000
Visiting Professor International MBA Course
Zhongshan (Sun Yatsen) University, School of Management
(Other, 5000-10.000 employees)
11/1999
-
02/2000
Assistant for Projects and Auditing - PwC
PwC Deutsche Revision AG
(Auditing, taxes and law, >10.000 employees)
08/2000
-
01/2000
Project Manager Holding Concept
Karl-Heinz Krah GmbH
(Industry and mechanical engineering, 50-250 employees)
02/1995
-
10/1999
Assistant in Auditing and Taxation
BRTG Betriebsberatungs-, Revisions- und Treuhand-Gesellschaft mbH
(Auditing, taxes and law, 250-500 employees)
Local Availability
Open to travel worldwide
Yes.
Internationally.
Upon request.
Internationally.
Upon request.
