Financial Director
Dynamics Films Library SA
Total years of experience :13 years, 4 Months
- Recruit new employees and restructure the company in Luxembourg
- Manage and re-negotiate cash lines
- Launched a round table to rise EUR3-4mln
- Support ongoing take over of Les Editions Montparnasse, co-production and video distribution company
- Risk: Complete restructuring of the department
*New assessment methodologies, creation of a rating tool and reporting processes
* Analysis and reporting of countries and counterparties risks, markets changes, systemic issues
* Write and implement all policies and procedures, and insure their applications
* Select a new information and credit insurance providers and implementation of IT system
- Compliance: Creation of the department
* Define the scope, set objectives and path forward, train the new team
* Select the information provider and implement new IT management tools
- Collection: Restructuring of the department
* Reshape the activity, create daily, quarterly and yearly processes and reporting
* Enhance cash circle and interconnect with risk and compliance activities
* Information management: switch from all paper to worldwide access to e-documents and reports
- Credit Risk: Create the department
* Design and implement risk assessment and monitoring tools for countries and counterparties, calculation of the Probability of Default (PD), and analysis of the Loss Given Default (LGD)
* Create and implement a rating tool returning limits recommendations
* Write and implement supporting policies and procedures
- Legal
* Sole negotiator of the master agreements and management of active contracts
* Set-up collateral management for power with daily monitoring and exchanges (avg USD40-60mln)
* International sanctions management (USD600mln turn over with Iran in 2012)
- Collection: create the department
* Audit cash circle, streamline new daily operations, clean-up overdues
* Create new reports and monitoring tools set-up of dashboards and KPI's
- Manage supplies and stocks to ensure a continuous production of ETBE and MTBE, through contracts, spots and swap deals. Largest buyer of alcohol in Europe at the time
- Co-write and co-negotiate long-term agreements with ethanol suppliers
- Develop analytical tools to forecast and optimise the planning, the production licenses, the financial strategy
- Develop and ease the overall new growing biofuel market in Europe and particularly in France
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