Cécile Schöppner

Managing risk from trade receivables and DSO development. Objective is to align market needs for trade terms and credit limits with group objectives. Excellent credit management history: despite the wide geographic spread and turbulent economic times in the last decade, there has been no major credit loss in the last years.

Main financial contact for 11 companies (Locations: France, Italy, Spain, Turkey, Brazil, Mexico, Argentina, Chile, Colombia) between the local finance departments and the finance & legal departments of headquarter / Analyze IFRS monthly and quarterly statements by entity (Cash- Flow, Profit & Loss, Balance Sheet) / Year-end-closing both with local teams and corporate auditors / carve-out process of 5 companies / Support the local teams in the Group Accounting Guidelines

Locations: Germany, France, Italy, Austria, Portugal, Spain and UK / Monthly consolidation for Europe: comprises 6 legal entities, derivation of US-GAAP P&L and balance sheet. Achieved a 4 days decrease of period-close / Hands-on with Oracle Financials, General Ledger, ADI / Oracle Implementation and Tuning / Finance planning and analysis for Europe / Sales controlling / Cash-flow development & inventory control by country

Monthly reporting including variance-analysis, activity-analysis, cost driver-analysis, cash-analysis, operating profit, market segmentation / Project controlling: monthly project review with each project lead / QUARTZ-training for project leads (40) and admin clerks (8) / Yearly budgeting by profit-center, to determine the different hourly rates for quotations / Quarterly and yearly statements

Implementation of project- and venture controlling for foreign activities (Spain, Switzerland, France, Czech Republic) for „International Bids“, interface between central controlling of Star One AG and foreign partners (Spain, Switzerland, France) / Supervision of the budgeting for German public tenders / Bid delivery for the national WLL-licences in the Czech Republic: / Business plan as a part of the bid documentation in cooperation with the Czech partner (5 weeks in Prague) / Business Plans

Decentralisation of the credit collection to each BU / Training and roll-out of decentralisation of the bank guarantees procedures / Execution and supervision of trade credit insurance / Monthly reporting (A/R, financial guarantee management, actuals vs budget by profit center) / Implementation of a new reporting system /Leading the budgeting for 1999 and 2000 with the new reporting system /Due diligence review / Participation in a project group “Finding a new ERP for GTIE International”

Dunning (yearly € 70 mn) in cooperation with project leads of subsidiaries and central A/R reporting. / Reduction of DSO by 20 days over 18 months / Functional lead for billing and financing / Responsible for: Guarantee management, trade credit insurance, project financing, foreign country financing

Implementation of credit management at Knoll International GmbH, a subsidiary of Westinghouse Electric Corporation

Finance