Regis Baudot

Finance Manager responsible for a 3 sites production entity. My responsibilities include the Financial, IT and Purchasing department. Hydro realise over 100 Mio turnover with more than 500 employees.

Responsibilities:
• Provide on-going accounting guidance and expertise to the VP’s of Finance and their teams in Europe (60% of the Group’s turnover) in order to ensure the accuracy of their financial reporting in accordance with US GAAP and statutory regulation while providing an independent view to Harman CFO on their activities
• Manage two assistant controllers; developed two prior assistant controllers into VP Finance roles
Achievements:
• Successful completion of three fiscal year-end audits with no material accounting issues identified within the European business units
• Managed due diligence on four potential acquisition targets (10 to 100 Mio USD), including estimation of purchase price, identification of synergies and presentation of final recommendation to Harman CFO
• Conduct make or buy analyses and cost controlling on manufacturing reorganization of European operations in conjunction with major cost savings initiatives

Responsibilities:
• Conducted regular financial reviews of the company’s European business units
• Follow-up on legal and purchase accounting issues of acquired companies
Achievements:
• Designed and developed inventory valuation method for European Automotive division with over 100 Mio USD standard inventory value
• Reorganised the legal set up of the European Consumer division increasing profitability while reducing income tax exposure

Responsibilities:
• Performed internal audits and consulting reviews with focus on efficiency and effectiveness of financial processes and controls
Achievements:
• Participated in due diligence of two major acquisition targets in Germany, from detailed analysis of accounts, risks and exposures to providing post-acquisition accounting integration
• Identified internal control weaknesses in review of European Consumer division which led to reorganization of legal structure

Responsibilities:
• Managed general accounting, cost accounting and period-end closing and reporting activities as required by parent company Thyssen France
Achievements:
• Hired and trained a team of four accountants
• Established cost accounting information system and procedures
• Led accounting integration of acquired business unit into SRTM

Responsibilities:
• Performed general accounting, cost accounting, period-end closing and reporting activities as required by parent company Thyssen Krupp Material & Services
Achievements:
• Developed Access database to standardize cost accounting procedures
• Established the business unit reporting in accordance with US GAAP
• Served as Interim CFO for 6 months prior to position with SRTM