Laurent CHEMLA
New York,USA
Summary
- Financial Leader with strong Skills in Operational/Business supports and Sales strategy ensuring successful implementation.
- Manage P&L’s up to $350 Million alongside additional financial statements to drive sustainable profitability growth.
- Demonstrated success in identifying areas of improvement, driving efficiencies and financial excellence that lead to bottom line results for internal/external customers.
= Focus on achieving results across a wide range of commercial and operational initiatives, managing finance-controlling teams with a focus on collaboration & efficiency.
Overview
32
32
years of professional experience
Work History
Director Finance
ABGi
01.2021 - Current
- Recruited to build a full Finance organization with ability to continuously produce advanced financial and analytical reporting to support all areas of the Business & Production local/International development. Implementation of an accounting & financial model/systems, creating company KPI’s, and management of quality of earnings report for the Management & Shareholders.
- Drove multi-months project to reorganize Accounting & Financial department focusing on overhaul Analytical structure & Financial systems/processes; This new foundation was needed to be able to access the necessary level of detail to properly track and report on various areas of the business such as financial reporting by geographies, products, departments and various operational costs
- Created a new monthly financial reporting package that provided a higher level of visibility into operational performance and financial results allowing for more informed business decisions and strategic direction.
Financial Manager
A2Mac1 (Private Equity)
01.2018 - 01.2021
- Recruited to fill newly created position to partner with Five Arrows Private Equity ownership to build a full Finance organization with ability to continuously produce advanced financial and analytical reporting to support all areas of the Business & Production local/International development. Implementation of an accounting & financial model/systems, creating company KPI’s, and management of quality of earnings report for the Management & Shareholders.
- Developed a project cost model to ensure company was properly funded for heavy investment projects and ensure requested success of investment initiatives and to the overall business,
- Improved capital structure and treasury management including developing a more accurate cash flow model to ensure liability obligations would be met and all additional financial forbearance covenants issued by lenders.
- Researched acquisition targets to develop an M&A pipeline to accelerate future growth and company value.
Director Finance and IT (Trade & Manufacturing)
CONTINENTAL
01.2006 - 01.2017
- Lead Global Profits Initiatives, partner with Group Management team, to drive Manufacturing innovation and restructuring through a variety of highly visible cost cutting initiatives.
- Ground up build of corporate and departmental Forecast / Budgets including revenue projections, headcount targets and all operational costs; resulted in increased visibility to adequately manage company resources while continuously updating yearly forecasts and variance to target spends
- Co-Lead a Supply-Chain optimization project in which a $360,000 investment into automation technology would reduce data entry expenses by $1.1 million annually and increase Customer satisfaction; project was approved by Group Management.
Chief Financial Officer
COMPASS Group
01.2013 - 01.2015
- Recruited to lead the French Finance organizations, including implementation of scalable financial and reporting processes in each restaurants. In addition to financial process optimization, implemented analytics/systems across various departments to gain efficiency and visibility to make improved Operational & Business decisions.
- Development of corporate and departmental budgets including revenue projections, profitability targets and all operational costs; resulted in increased visibility to adequately manage headcount resources while continuously updating yearly forecasts and variance to target spends
- Partnered with Restaurants Production Management to improve Divisions KPI Dashboard; Dashboard included improved visibility into annual recurring revenue, new revenue by product/restaurants and added new KPI’s such as renewal rates, churn and an accurate sales pipeline forecast
- Developed and implemented a new accounting monthly close process which included day by day operational schedule, appropriate accrual methodology and accounts receivable reserve assumptions; resulted in close schedule being shortened by 15 days while still maintaining reporting accuracy and ease of audit reviews
Finance Manager (Manufacturing & Supply-Chain Europe)
KRAFT Foods
01.2002 - 01.2006
- Presented and provided to the Executive Management monthly analysis & recommendations on the current year Product Cost Monthly Forecast worth approximately $5 million and when necessary lead cost cutting
- Partnered with Group VP of Operations to bring analytics and reporting tools to our Operational/Plants teams; including Power BI data pulls on margin related decisions such as daily staffing models (Sales & Production teams), field team incentives to drive revenue generation and optimal mix of services to offer (Sales teams)
- Partnered with Marketing & Sales, Purchasing and Product Development departments to consolidate revenue and Supply-Chain cost information to analyze margin impact of potential Product design changes.
Group Internal Auditor
SCHLUMBERGER
01.1996 - 01.2000
- Utilized various FP&A, Accounting and Financial tools to audit and analyze corporate financials including revenue forecasting, operational expense vs cost targets,
- Review of product pricing process, margin optimization, cash flow modeling and ebitda projections.
Financial Auditor
Arthur ANDERSEN & Co
01.1994 - 01.1996
- Utilized Accounting and Financial AA’s tools to audit and review Corporate Annual Financials Statements.
Education
MBA - Finance
The University of Chicago
01.2002
Master - International Finance
University of Paris-Dauphine
01.1993
Bachelor - Economics & Finance
Sciences-Po Paris
01.1991
Skills
- P&L Ownership & Management
- General Accounting (IFRS, US & French GAAP)
- Financial Planning & Analysis
- Budgeting & Cost Controls
- Cash & Asset Management
- Group Reporting
- Strong Retail & Commercial-Business Partner
- Services / Manufacturing / Retail sectors
- SAP - Sage - QuickBooks - Power BI
- English Fluent - French Native - Spanish Professional
Timeline
Director Finance
ABGi
01.2021 - Current
Financial Manager
A2Mac1 (Private Equity)
01.2018 - 01.2021
Chief Financial Officer
COMPASS Group
01.2013 - 01.2015
Director Finance and IT (Trade & Manufacturing)
CONTINENTAL
01.2006 - 01.2017
Finance Manager (Manufacturing & Supply-Chain Europe)
KRAFT Foods
01.2002 - 01.2006
Group Internal Auditor
SCHLUMBERGER
01.1996 - 01.2000
Financial Auditor
Arthur ANDERSEN & Co
01.1994 - 01.1996
MBA - Finance
The University of Chicago
Master - International Finance
University of Paris-Dauphine
Bachelor - Economics & Finance
Sciences-Po Paris
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