Katrin Krebs

• Industry: Consulting & Implementation of Operational Excellence Projects / Clients in Automotive, Aviation & Space, Energy and Defense
• Reason for change: Desire to lead and drive a 700+ FTE organization through a transformational process in difficult market environment in order to improve profitability and financial robustness
• Accomplishments: Leading SG&A efficiency programme reducing overhead costs from 24% to 18% (- 4Mio EUR, w/o significant layoff only -10 FTE) via best practice standards in financial processes and cutting edge automation and AI first strategy; introduction of ERP system (Unit4) and alignment with group compliance; build up of offshore/best cost country finance team in Bangalore / India;
• Member of management board: financial business partner to operative management team and CEO/COO for evaluation of business strategy; legal counsel; direct reports: 15 employees; entities: 5 (DE/HU); main contact partner to investors (Wendel Group) resp. supervisory board and partner to CEO
• Impact: overseeing international finance function; direct and full responsible for OPEX/CAPEX reporting, budgeting and forecasting; cash flow and treasury; initiative accounting, KPIs and business case analysis; tax structures and VAT/WHT/Transfer Pricing, statutory compliance and governance; litigation support, contracts reviews, procurement support; OTC/credit and collections; and office real estate aspects
• Selected Projects classical finance:

- ERP Introduction (unit4): Oversaw budgets, payroll, and accounts payable and receivable.

• Reduced overhead costs by identifying areas for improvement and implementing cost-saving measures across various departments.
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• Managed relationships with external auditors, ensuring a smooth and efficient annual audit process with minimal findings or issues identified.
• Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
• Mentored finance team members, fostering a culture of professional growth and skill development within the department.
• Streamlined financial processes by implementing automation and reducing manual tasks, leading to increased efficiency and accuracy.
• Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
• Presented financial results to board members and investors during quarterly meetings, maintaining transparency in communication regarding company performance.
• Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
• Conducted detailed analysis of company financial information and oversaw preparation of related reports.

• Industry: Remote Management Enterprise Software / SaaS
• Reason for change: After maternity leave 10/2015 step back from CFO/Head of Finance role and afterwards 75%(30hrs/week) continued engagement within the TeamViewer Group finance department.
• Impact: Enhanced inter disciplinary team collaboration through regular communication, goal setting, and performance evaluations for improved decision-making processes within the organization.
• Selected Projects inside & outside classical finance:

- Risk Management: introduction of group wide risk & opportunity management system incl. regular reporting (board & financial statements); Merits: Proactively identified potential risks and implemented mitigation strategies to minimize negative impacts on projects or business operations.

- Business partner to CMO/Marketing Organization: implementation of dashboards, flash reports for webshop / e-commerce KPI tracking, guidance on budgeting & forecasting; Merits: Improved project efficiency with strategic planning, resource allocation, and time management practices.

- Tax & Statutory accounts audits: Coordination and first point of contact for auditors; focus on corporate restructuring years 2016-2020 (IPO/debt financing/M&A) of German entities; Merits: Strengthened internal controls by reviewing existing policies and procedures, ensuring compliance with regulatory requirements.

• Industry: Remote Management Enterprise Software / SaaS
• Accomplishments: Growing turnover from 50 Mio EUR to 126 Mio EUR, FTEs from 90 to 250 and uplifting entity valuation from 100Mio EUR to 800Mio EUR within 5 years; Financing round for debt issuance of 600 Mio USD for Acquisition by Private Equity/Permira;
• Member of management board: Commercial business partner to management team and CEO for evaluation of business strategy; legal counsel; direct reports: 30 employees; entities: 13 (DE/LU/US/AU/UK/Armenia); until maternity leave in 10/2015: main contact partner to P/E investors resp. supervisory board and partner to CEO
• Impact: overseeing international finance function; direct and full responsible for OPEX/CAPEX reporting, budgeting and forecasting; cash flow and treasury; initiative accounting, KPIs and business case analysis; tax structures and VAT/WHT/Transfer Pricing, statutory compliance and governance; litigation support, contracts reviews, procurement support; OTC/credit and collections; and office real estate aspects
• Selected Projects classical finance:

- 2010: First time set up of full finance and accounting function to ascertain timely and accurate financial statements after acquisition by Insight Venture Partners (First time adoption IFRS; Fast Close +5days)

- 2012: Introduction of commercial finance division “OTC/Finance Operations” (14 employees) as interface function to Sales and Internal Development (payment processing, sales policies, dunning)

- 2010-2013: Implementation of several ERP Systems: DATEV (2010), Navision/Great Plains (2012); group reporting software Hyperion (2013);

- 2014: Treasury and Debt & Covenant reporting: relations to bank syndicate (Deutsche Bank/BAML/Nomura) incl. regular reporting and public/private lender calls on financial statements

• Managed several projects as freelancer for financing the sabbatical (in preparation for the exam as German CPA/“Steuerberater”);
• Selected projects:

- Member of Management Team (CFO) for MedTech StartUp for seed capital fund raising roadshow: Business plan was awarded with North Bavarian Business Plan Competition; road show for financing (SRefit, KfW, BayernKapital, High-Tech Gründerfonds)

- Freelance cooperation with CPA / German Tax Auditor:

- Project: Restructuring of a midsized Wall Paper Business

- Project: Integrated Financial Modelling Tool for MedTech Business

- IT Rollout of software „DATEV Unternehmen Online“ with clients

- ongoing: Financial Statements, Tax declarations, electronic banking

• Industry: Software / Process controls and industry automation / Clients: Pharma, Food & Beverage
• Step up from Assistant to the CFO to overseeing the group accounting function; HR responsibility for Administrative/Finance Staff for 9 subsidiaries.
• Impact: Introduced performance metrics that enabled more accurate tracking of progress towards organizational objectives; Implemented data-driven decision-making processes to guide future business strategy.
• Selected projects:

- Implementation of FP&A function for subsidiaries in Spanish speaking countries

- Overseeing groupwide financial functions (FP&A, cash & liquidity management) / pooling of all 9 subsidiaries, maintaining relationships with auditors and statutory GAAP local tax consultants

- Delivering timely and accurate monthly reportings to stakeholder and supervisory board, pipelining annual financial statements of the subsidiaries (GAAP/IFRS) and assuring their consolidation

- Optimization of group reporting by Visual Basic based Automation Tools and interface to the software module of Navision

- Establishment of internal control systems for the subsidiaries and corporate guidelines for reporting and accounting

- Human resource management of international accounting staff (recruiting, hiring and guidance)

- Knowledge Transfer and Coaching of subsidiary directors for commercial and legal issues

- Coordination of liquidation of Slovakian subsidiary

• Industry: Top20 Consulting & Law Firm / Audit, Tax, Legal & general Consulting
• Selected projects:

- Valuation of buy / sell side companies (IDW Standard S1, Discounted Cash Flow and Multiples)

- Financial Due Diligence Reviews and Special Purpose Reports- Financial Modelling, Business Plans (Excel, Access)

- Financial Annual Statements (P&L, Balance, Cash Flow)