Flex Manager

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Director Finance / CFO

Director Finance / CFO

Work Experience

Jul. 2005 - today Management Consultant Performance Management Concepts:

• Magna Exteriors & Interiors - Customer (Audi)Logistics

• Balfour Beatty Rail - Sales Representation, Tender Management and Commercial consulting for two large international transportation infrastructure Tenders in Israel;

• Kollabnet - Business development in the railways industry for a software company supporting Product Design & Requirement Management processes;

• Bombardier - Financial controls of a Subsidiary;
• Development of Corporate Performance Management software product

Jul. 1996 - Jun. 2005 Bombardier Transportation (former DaimlerChrysler Rail Systems, ABB Daimler-Benz Transportation Adtranz)

Aug.2003 - Jun.2005 Managing Director - Bombardier Transportation Israel Ltd.
• Establishment of a new Marketing & Sales subsidiary
• Delivery contracts in the value of 100 Mio.$ im the first year after establishment for Israel Railways

Mar.2004 - Nov.2004 Director Cost Performance Management – Bombardier Transportation Derby, GB (London Underground Projects)
• Development & Implementation of a Project Control Performance Management system based on the Balanced ScoreCard model
• Focusing the Management activities on the Partnering processs with the customer. on the improvements in the Supply-Chain (SCM) processes and on major system supplier

Apr.2002 - Feb.2004 Director Cost Performance Management / Senior Advisor – Group Finance / Leadership Centre - Bombardier Transportation Berlin, Germany (Transportation Headquarters)
• Development of a Competence study for Controllers & Controlling organization
• Training of Management in the area of Finance & Cost Management
• Study if it is advantages to build a separate organization for SCM & Product standardization and if yes, how to structure it
• Leadership training for Signalling Management
• Competence evaluation of 400 Controllers; Training of 250 Project Controllers, 300 in top Management, and 400 in middle Management
• establishment of a new SCM & Product standardization Organisation

May 2001 - Mar.2002 Senior Manager - Corporate Audit Services & Risk Assessment Bombardier Inc. Berlin
• Top-down Risk Assessment; Recruitment & management of Management Trainee programs, Management of international Internal Audit Rail projects
• Audit Plan approved by the Corporate Audit Committee
• Finding successful Trainees positions in lower management
• Quarterly evaluation including self-assessments of Trainees
• Quality audit projects’ reports
• improvement of Rail projects
• Positive follow-up of audit suggestions implementations

Jul.1996 - Apr.2001 Head of Internal Audit Group Audit / VP Group Audit -
DaimlerChrysler Rail Systems, ABB Daimler-Benz Transportation Berlin
• Top-down Risk Assessment
• Development & implementation of Target Costing for 10 Product Families
• Implementation of the DaimlerChrysler Risk Management system;
• Preparation of Memorandum for Electrification, Signalling, Freight, & Wheelset Business Units, and their Divestment
• Process development in the area of Logistics
• Coaching of Project Management und Controlling, Wroclaw, Poland
• Audit Plan based on risk analysis approved by the Management Board
• Savings in Material costs; Improved governance by the Board of Directors;
• Improved income in value of 200 Mio.€; New process implementation
• Training new employees

Dec.1995 - Jul.1996 Lecturer of International Accounting – Executive MBA program
European University, Munich Business College, Munich, Germany
• Multinationals Accounting, Financial Statements Analysis

Feb.1986 - Oct.1994 Ansell International Europe, Middle East & Africa (EMEA) Region, Munich, Germany

Jan.1992 - Oct.1995 Regional Controller - Ansell International Consumer EMEA
• Operational growth; Acquisition of a business in a new major market, Responsibility for day-to-day sales activities in East Europe Markets
• Improvement of net income from 0% to 11.5% within three years
• Successful acquisition and Post-Acquisition Implementation, reaching Board of Management targets. Establishment of new distributors in Hungary and Poland

Oct.1987 - Dec.1991 Manager Regional Management Accounting -
Ansell International Industrial, Consumer, Medical EMEA
• Development of an IBM AS400 Budget tool
• One month shorter Budget Process

Feb.1986 - Sep.1987 Manager Financial Accounting - Ansell GmbH
Year-end closing according to HGB & Australian GAAP
• Reporting Monthly Management Accounts to Head office

Oct.1983 - Dec.1984 Financial Controller - Lot Hotels am Toten Meer, Israel
• Finance, Accounting, Purchasing, Stores, Costing, Controlling, Cash Controls

Apr.1982 - Aug.1983 Comptroller - Plaza Hotel, Tiberias, Israel (Canadian Pacific Hotels)
• Finance, Accounting, Purchasing, Stores, Costing, Controlling, Cash Controls

Oct.1980 - Apr.1982 Senior Auditor - Braude & Co C.P.A. (Delloites) Tel Aviv, Israel
• External audits of international subsidiaries and banks

Jan.1980 - Sep.1980 Internal Auditor - Russel`s Formal Wear, Inc. Toledo, Ohio, USA (part time)
• Sales controls of 20 stores

Jul.1975 - Nov.1977 External Auditor - Barzilay C.P.A. Tel Aviv, Israel (part time)
• External audits of local companies


Jan.1979 - Sep.1980 University of Toledo, Ohio, USA
• College of Business Administration
• Major: Accounting
• Degree: Bachelor of Business Administration

Sep.1974 - Dec.1978 Bar-Ilan University, Israel
• Economics
• Major: Accounting

Sep.1969 - Aug.1974 Army service Israel

• Merger & Acquisitions, Brussel, Belgien (Jun. 1994)
• Operational Auditing, Brussel, Belgium (Aug. 1996)
• ABB Order Project Management, Baden, Switzerland (Aug. 1996)
• Constraint Management, Stuttgart, Germany (Jul. 1997)
• Certified Internal Auditor (CIA), Austria (Apr. 1998)
• E&Y Business Process Profiler, Montreal, Canada (Sep. 2001)
• E&Y IAS Service Delivery Process, Montreal, Canada (Sep. 2001)
• Six Sigma (Analyst 1 und 2), Berlin, Germany (Nov. 2001)


• Cost Performance Management (Balanced Scorecard)
• Project Management and Controlling
• Business Controlling
• Risk Management
• Financial Statements (GAAP: US, IFRS, HGB, UK, ISR)
• Target Costing in the Product Development
• Operational and Financial Audit (Sarbanes-Oxley Act)
• Merger, Acquisition & Divestments
• BPR (internal & external benchmarking)
• Supply Chain
• Strategic & Operative Planning
• Multinational Reporting
• Employee Development
• HR Controlling, Salary & Benefits
• International Credit Management


• English - excellent
• German - very good
• Hebrew - mother tongue


IT knowledge
• Very good: Word, Excel, Power Point, Internet, MS Project
• Good: Lotus Notes, SAP R/3 (Module: FI, CO, RPM), IBM A400 CA
• Basic: Access, MS Visio

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