INTERESTS

Cooking, interior decoration, restoration of antique furniture and travelling

PROJECT WORK

REXAM BEAUTY & CLOSURES - specialty packaging (Aug. 2002 to Feb. 2003)        Paris, France /New York, USSet up the budgeting of make up sales by customer and by product; identified drivers of incremental profit in complex deals with global customers; negotiated with a main customer

BAIN CUNEO & Associates - strategy consulting (April 1995 to Oct. 1995)                          Milan, Italy

Publishing: performed a comparative analysis of distribution; steel mill and steel cord manufacturing: assisted the company due diligence and analysed product margins

PROFILE

International executive with a strong record of delivering operational finance and analysis to support business decisions. Extensive practice of planning and reporting (IFRS, USGAAP, local GAAP), administration, company secretarial and auditing activities. Enthusiastic leader of efficiency improvement projects. Experience in control attestation according to SOX and in audit remediation. Demonstrated skills in the implementation of financial modules of ERP Systems (SAP, JDEdwards, Oracle). More than 10 years with blue chip FMCG companies (The Pillsbury Co., Best Foods Europe) and 8+ years as a P&L controller both at corporate and company level. Proven record of functional start up, well versed in product costing, plant control, investment analysis and cost management.

Industry knowledge of manufacturing, distribution, marketing of branded consumer and durable goods and operating marine terminals.

International experience in Europe, the US and Latin America. Multilingual (English, French, Italian, Portuguese), multicultural and willing to relocate. European national, eligible for US permanent residency.

Work History

Work History
Sep 2010 - Present

Senior Finance Director

Terex corporation
SENIOR FINANCE DIRECTOR l TEREX PORT SOLUTIONS (TPS) –a division of Terex Corp. that manufactures and sells container handling equipment to port operators worldwide. Operations include sites in Italy, Germany and China, and commercial offices in 10+ countries. 300 USD million, 2,500+ employees. (WW TEREX sales 6.0 USD Bn) 2010 – Present

Reporting to: VP CFO Terex MHPS segment;

Reports: 40+ managers, analysts, accountants

Responsibilities: Accelerate the integration into TEREX policies and procedures. Couch finance staff at all locations, strengthen planning and analysis capabilities. Close legacy issues with minimum cash outflow: commercial disputes, settlements and insurance claims. Lead negotiations to sell non core assets. Support business decisions with fact based financial analysis. Strive to achieve 95%+ SOX rating at all locations. Lead expense reduction projects and major restructuring initiatives. Drive the simplification of the Legal Entities structure (to less than 10, from 20+). Support the ERP system project in Italy and the implementation of shared services.

Apr 2006 - Nov 2008

Chief Financial Officer at PSA Sinport Group

PSA International - Marine terminal operator

Job purpose:       To manage the effective delivery of planning, reporting and review of annual operating plans (IFRS); step up compliance to local regulations and corporate guidelines (Singapore); deliver the annual operating plan as a member of the senior management team; overall management of finance, tax and administration activities including company secretary, relations with internal, external, statutory auditors and banks

Reporting to:     CEO of Sinport Group; CFO Region Europe

Reports:             30 - managers, analysts, accountants

Achievements: 

  • Led a non labour cost reduction project: identified benefits up to 2.0 Million Euro p/year
  • Set direction and drove the simplification of procedures, a leaner fiscal structure capable of freeing up cash and lower cost by 100-200K Euro p/year; cut department expenses by 200k Euro p/year
  • Eliminated paper, cut time, and increased ease of access with digital billing and fiscal filing
  • Identified savings of 20% by custom tailoring insurance coverage
  • Reengineered the month closing and purchase orders process using Oracle applications to deliver stronger internal controls, mechanized disbursements and automatic accruals
  • Streamlined the cost of banks facilities, negotiated loans and credit lines up to 50 Million Euro
Jul 2003 - Apr 2005

Director of Finance Operations at Whirlpool Europe

WHIRLPOOL Europe

Regional HQ - manufacturing and distribution of branded white goods

Job purpose:       To ensure consolidation and reporting of regional performance; gain SOX attestation, control Italian legal entities and supervise the European Shared Service Centre in Dublin

Reporting to:     CFO of Whirlpool Europe

Reports:             100+ including managers, analysts, accountants and SSC staff

Achievements:  

  • Certified entity level controls and gathered supporting evidence: attestation under section 404 of the Sarbanes Oxley act was successful
  • Designed the purchase order process in SAP, capable of creating automatic accruals, reduce errors in VAT and accounts coding and deliver labour savings
Aug 2000 - Dec 2001

VP Finance at Newell Window Fashion Europe

NEWELL Window Fashion

Division of Newell Rubbermaid - manufacturing and distribution of semi durable goods

Job purpose:       To build the HQ finance team in a recently acquired division; recruit and train skills; provide timely consolidation, planning, reporting and analysis; ensure delivery of the annual operating plan

Reporting to:     CEO of Window Fashion Europe

Reports:             200+ including 3 division managers, 8 country controllers and staff

Achievements:  

  • Hired international professionals for the HQ, strengthened field talent
  • Sponsored and participated in a European manufacturing rationalization study with AT Kearney: identified savings of 20 % of manufacturing costs
  • Designed a dynamic model to evaluate initiatives to lower working capital, improve RONA
Nov 1995 - Jul 2000

Head of Operations Finance at Pillsbury International

PILLSBURY International

Former division of Diageo, now General Mills - manufacturing and distribution of consumer food products

1997/2000                            Minneapolis, MN, US

Job purpose:       To design, gain agreement and imbed the process for planning and costing intercompany sales; perform unbiased financial analysis of projects in manufacturing and distribution; contribute to the implementation of JDEdwards at WW locations

Reporting to:      VP Operations Finance, Pillsbury domestic; CFO Pillsbury International

Reports:             2 senior analysts

Achievements:  

  1. Established the rules for transfer pricing and sourcing decisions, created process, database and support team: implementation delivered absorption benefits of $5-8 M/year and reduced the time to quote transfer prices by 80%
  2. Designed and gained approval for a common methodology for product costing, created a 3-day training and taught teams in Europe, Latin America, and Asia
  3. Selected as the expert in product costing and shop floor control by the JDEdwards team

Finance Director Pillsbury Brazil                                          1996/1997Sao Paulo Brazil

Job purpose:       To start up the finance and administration team in a recently acquired company; set up offices and systems, recruit local professionals; ensure reliable reporting of company performances to corporate; move to next assignment upon completion

Reporting to:     MD of Pillsbury Brazil, CFO of Latin American Region 

Reports:             9 - managers and staff

Achievements:  

  • In 4 months, recruited the finance and IT team, implemented accounting and invoicing, discontinued the toll service agreement and achieved significant savings
  • Provided administrative support to the launch of the Haagen Dazs brand in Brazil

Finance Manager at Pillsbury, Pizza division                     1995/1996                            Minneapolis, MN US

Job purpose:       To prepare the P&L of Pizza division, analyze variances; support the launch of new products; learn company products and processes and prepare for next assignment                      

Reporting to:   FD of Pizza Division

Sep 1990 - Mar 1995

Finance Controller at Best Foods Italy

BEST FOODS International

Now part of Unilever -manufacturing and distribution of branded consumer food products

1993/1995                            Milan, Italy

Job purpose:       To perform fact based financial analysis to support decisions in manufacturing and outsourcing; improve data quality from the two manufacturing sites; ensure accurate planning and reporting of company performances

Reporting to:      FD of Best Food Italy

Reports:             7 - senior analysts and plant controllers

Plant Controller at Best Foods Portugal                                               1992/1993                    Lisbon, Portugal

Job purpose:       To implement operational control at manufacturing facility; recruit and train a local plant controller; move to next assignment upon completion

Reporting to:     FD of Best Food Portugal

Reports:             4 - senior analysts, industrial accountants  

Finance Manager at Best Food Europe                                                 1990/1992                Brussels, Belgium

Job purpose:       To support value creation decisions in manufacturing, distribution; ensure consistent evaluation of capital expenditure projects (CAPEX) across all European units; perform pan European comparison of cost structures and identify saving opportunities; promoted to plant controller following a successful project in Portugal

Reporting to:     FD of Best Food Europe

Analyst, Finance and Administration                                                    1985/1989Milan, Italy

To budget and control administrative, advertising and manufacturing expenses; analyze variances (Henkel)

To perform administration activities to support sales of SW products (IBM)

Education

Education
1990 - Present

MBA INSEAD

INSEAD

Funded by a scholarship for postgraduate education from FIDIS (FIAT)

1984 - Present

BA business administration

L. Bocconi University

Major finance, full marks and honours

Skills

Skills

international experience

process streamlining

financial analysis

financial planning