Manager Management Reporting
SADAFCO
Total years of experience :24 years, 5 Months
Key Result Areas:
Reporting to the CFO responsible for management accounting reporting.
Ensuring reconstructing the Management Accounting function to improve the quality of Management reporting.
Managing monthly Management reporting (P&L, Balance Sheet, Cash Flow, Working Capital, Overhead Analysis, Capital Expenditure Analysis, Operational analysis, A&P analysis, Discount & Boni analysis, Damage analysis).
Handling Budget & Quarterly LE (Latest Estimate) preparation, monitor and control.
Responsible for project valuations and feasibility studies.
Conducting Ad-hoc analysis based on Management Committee requests.
Supervising a staff of 2 employees (in process of recruiting additional employees).
Reported to the Finance & Administration Director and was responsible for all management accounting reporting.
Supervised a staff of 9 employees.
Worked in a proactive manner, looking into the future and act as the source of information to the Management Committee in order to assist them making informed business decisions.
Managed the Patras’ Plant Control and handled monthly Management reporting (P&L per product group/per customer, Balance Sheet, Cash Flow, Working Capital, Overhead Analysis, Capital Expenditure Analysis, Operational analysis, Intercompany reconciliation, A&P analysis, Discount & Boni analysis, Damage analysis).
Supervised Budget and Quarterly LE (Latest Estimate) preparation, monitor and control project valuations & feasibility studies, transfer pricing documentation to the Ministry of Development and cost analysis documentation to the Ministry of Development for product selling price increases.
Ad-hoc analysis based on Management Committee requests.
Functioned as Internal Control Assessor.
Special Assignments
Yoghurt business rationalization: Worked in close cooperation with the plant manager, the sales and the marketing people in order to discontinue yogurt codes that did not contribute to the company’s bottom line and had no major effect in the company’s product line and customers’ perception.
Overhead Expense rationalization: Member of a team so called “Skroutz team” exploring potential savings in all parts of the organization.
Incorporate Campina in SAP after the merger: Set up the new requirements in order to incorporate the acquired company into SAP (new product set up, new P&L and BS)
Development of a new MIS report: Explored the capabilities of SAP and worked as part of a team on the development of a new MIS report to provide the organization with on time, accurate and more intelligent information for proactive decision making purposes.
M&As: Responsible for exploring synergies (distribution network, product range improvement, customer trade terms and discounts, supplier trade terms etc.) in potential mergers and acquisitions.
SAP Global Harmonization (Summit): Member of a team to harmonize SAP throughout all the operating companies of FrieslandCampina. Target to create a uniform SAP for all Operating companies.
ICF (Internal Control Framework) Implementation: Part of a team to set up the ICF in FrieslandCampina Hellas, creating the controls, setting up assessment procedures and assessors.
New Design of Management Accounting to move from data provider to business decision partner: Working on creating a Management accounting team that will move beyond providing data to the organization. It will work more closely with marketing, sales and logistics in analysing trends, economic and market developments and provide the company with smart and proactive information that will create a competitive edge.
Reported to the Finance & Administration Director and managed the set-up & implementation of all financial and administrative functions of the production Business Unit in Patras (accounting, controlling, planning & reporting and sourcing/purchasing).
Managed a staff of 3 employees.
Was responsible for Cost Accounting Yoghurts, Cost Variance analysis Actual vs. Standard, monthly recipe variance report, movement of Goods analysis, monthly yoghurt report and monthly Operational Report (submitted to Dutch Headquarters).
Developed reports to Greek authorities (ELOG), Budget, Medium-Long term Plan (MLTP), Quarterly Latest estimate (LE) creation, monitor and control (Cost Prices, Overhead expenses, Capital Expenditures, P&L).
Managed sourcing & planning of raw & packaging material used in yoghurt production and Plant consumables.
Expense authorization, monitor and control.
Project valuations and feasibility studies.
Special Assignments
Total Plant Cost reduction initiatives: Worked on reducing the Plant costs by making new agreements with existing suppliers or finding new suppliers to reduce raw & packaging material costs. Reduces plant expenses by setting up a new Overhead process to better monitor and control expenses.
ESL Production in Patras: Member of a team to explore the possibility of bringing high-pasteurized milk production in Greece. (CAPEX evaluation, P&L, supply of raw milk analysis etc.)
SAP implementation: Advisor (Operations)
Inventory policy for raw & packaging materials (R&P): Set up a new R&P inventory policy to reduce WC and at the same time avoid stock outs and ensure smooth production
CAPEX Investment Valuation: Production Capital Investment valuation and proposal for approval in Headquarters (new packaging and filling machine)
Children yoghurt cost reduction initiatives: Analysis of the costs of children yoghurts in order to find opportunities to improve costs.
Patras Plant CAPEX: Assessment of Capital asset investment in Patras Plant (requested by the Corporate Operation Department in the NL)
Batch size vs. Service Level: Contribute to the creation of the optimum production batch size per product that would provide a more efficient production process and at the same time cover the customers’ needs in the most effective way.
Recipe Standardization: Product standard recipe adjustments to minimize recipe effects (standard vs. actual)
Responsible for customer development and transactions in Mutual Funds ( 200 customers, value of € 3.000.000)
Market analysis and recommendations
Reporting to the Managing Director.
Main Duties
Business development in Northern Greece
Responsible for the company’s branches in Drama and Larissa
Managing a portfolio of 300 customers and value of € 10.000.000
Certified by The Athens Derivatives Exchange as a Client Advisor
Supervised a staff of 10 employees
Reporting to the Finance Manager International Operations.
Main Duties
Monthly Group P&L and Sales Report
Monthly P&L, BS and Cash Flow report of Zagorka Breweries (A Joint Venture with The Athenian Breweries in Bulgaria)
Development, monitor and control of Zagorka’s Budget
Daily Company Stock report to the Public Affairs Director
Preparation of Company Presentations to be presented by Public Affairs Director to potential investors
Feasibility Studies (import of Yoplait yoghurts by ELCHYM)
Part of a team (H.B.C. & Athenian Breweries) to reconstruct Zagorka’s General and Analytical Ledger for reporting purposes
Reporting to the Finance & Administration Director, responsible for all management accounting reporting. Work in a proactive manner, looking into the future and act as the source of information to the Management Committee in order to assist them making informed business decisions. Responsible for Patras’ Plant Control. Main Duties Monthly Management reporting ( P&L per product group/per customer, Balance Sheet, Cash Flow, Working Capital, Overhead Analysis, Capital Expenditure Analysis, Operational analysis, Intercompany reconciliation, A&P analysis, Discount & Boni analysis, Damage analysis) Budget and Quarterly LE (Latest Estimate) preparation, monitor, and control Project valuations and feasibility studies Transfer Pricing documentation to the Ministry of Development Cost analysis documentation to the Ministry of Development for product selling price increases Ad-hoc analysis based on Management Committee requests