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Sales Management

Location:
Saint Louis, MO
Posted:
January 15, 2014

Contact this candidate

Resume:

Name: Joerg Vogt

Address: *** ***** *** ***** **

University City, MO 63130

USA

Tel.: +1-314-***-**** (mobile)

Email: acb6dx@r.postjobfree.com

Country of citizenship: US Resident / Legal Alien (with Green Card)

Education: Master’s Degree in Business Administration (Diplom-

Kaufmann); University of Muenster

SUMMARY

A complete experience as an international business oriented regional CFO and

Entrepreneur with cross-functional competence and strong track record in

building and/or restructuring Finance & Accounting and Operations as well as

leading Mergers & Acquisitions, Integrations and establishing new subsidiaries.

Strong finance acumen coupled with business focus.

Target driven team builder.

9 years Germany, 9 years USA, 3 years Mexico and until end of 2012 on an

assignment in Brazil (25 months).

Experience in various industries and in distribution and manufacturing.

Experience as Deputy Managing Director.

PROFESSIONAL EXPERIENCE

03‘13 – 12‘13: NetEffects, Inc., St. Louis, MO, USA

Interim-CFO at small international and St. Louis based company; a

NetEffects client (sub-contract).

Responsibilities:

- Provide day to day and strategic financial direction.

- Preparation of financial statements according to GAAP, financial reports,

special analyses and information reports.

- Develop performance measures that support the strategic direction.

- Review of correct filings for turnover tax on imports for various foreign

countries.

- Develop a business plan for founding and operating a subsidiary in Brazil

(production and distribution center).

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Main achievements:

- Optimization of the export / import process for Australia and assurance

of deductibility of turnover tax on imports in the future. Savings potential

is up to 10% of revenues in Australia in the future.

- Reducing the monthly closing process to 5 days 1 month after being in

charge; the company was 4 months behind at start.

- Customization of GP Dynamics and consolidation software (acquired

beginning of the year) to provide new KPI’s and 1st discussion and

variance analysis with management team (‘cultural change).

- Foundation of the Brazilian subsidiary in Sao Paulo.

1997 – 2012: Sigma-Aldrich Corporation, St. Louis, MO, USA, a leading manufacturer

for Life Science and High Technology, Turnover: US$2.6 billion, 7,600

employees.

12‘10 – 12‘12: Director, Business Unit Finance; based at a new acquisition in Rio de

Janeiro, Brazil (25 months).

Responsibilities:

- Planning and leading the integration in the areas of ‘Finance & Accounting’,

‘Operations’, ‘IS’ and ‘HR’; 180- day plans.

- Building a world-class finance organization.

- Implementation of cost accounting system and setting product cost standards.

- Planning and leading the merger between the 2 Sigma-Aldrich entities (in

Rio de Janeiro and in Sao Paulo).

- SAP implementation.

Main achievements:

- Very successful implementation of 180-day plans in the areas of

responsibility; for example, reduction of the month-end closing cycle from 3

months to 5 days after 2 months of acquisition.

- Harmonization of the procurement process for raw materials.

- Benefit harmonization between both subsidiaries in Brazil.

- Implementation of a cost accounting system which meets corporate policy

and local GAAP / tax law.

- Reduction of income tax in 2012 (US$0.5 million) by using a different

taxation approach (‘Lucro Real’ instead of ‘Lucro Presumido’ ).

- SAP project on time for a scheduled ‘go-live’ in Q1 2013.

- Consolidation of 2 AR and AP departments in each subsidiary to just 1 AR

and AP department in the new company.

-

05‘10 – 11‘10: Director, Business Unit Finance; based at the headquarter in St. Louis.

Responsibilities:

- Supporting the business unit management, including sales, marketing and

operations and developing strategies to manage identified opportunities.

- Performing reviews of capital projects and providing decision support for

investments.

- Providing support for acquisitions and other business development

activities (including due diligence reviews and integration projects).

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- Providing support for divestitures, site closures and other streamlining

activities required within the business.

Main achievements:

- Planning and leading the due diligence review of 3 target companies; 2

companies are located in the USA and 1 company in Brazil.

- Successful purchase price negotiation.

- Development and implementation of a Costing & Pricing Model for

customized intermediates / API’s for the pharmaceutical industry.

- Profitability analysis of a critical product group and recommendation for

continuation presented to the ‘Board of Directors’.

09‘02 – 04‘10: CFO of the ‘APLA’ region of Sigma-Aldrich Corporation; based at the

headquarter in St. Louis (50% of time directly in the subsidiaries)

Turnover in the ‘International’ region: >US$450 million, 5-Year CAGR for

revenues >10%, 900 employees.

Responsibilities:

As regional CFO responsible for the financial co-ordination of 18 companies in

14 countries in South America and Asia Pacific.

Responsible among others for Finance, Controlling, Treasury and Financing,

Risk Management, Sarbanes Oxley, Taxes, various Corporate tasks and for

Mergers and Acquisitions. Staff responsibility for and co-ordination of all

Finance Managers within the region.

Main achievements:

- Recruitment and development of a high performing team of Finance

Managers across the ‘International’ region.

- Development of Controlling processes, introduction of Budget and

Business reviews.

- Optimization of logistic costs and reduction of production, warehouse

and distribution infrastructures through consolidation of sites in various

countries and implementing a ‘3PL’ structure in Singapore and Chile.

- Restructuring and realignment of the business in Latin America

(Argentina, Brazil, Chile and Mexico). From a negative Operating

Income to break even within one year through restructuring, introduction

of a new local Management and Sales Organization and introduction of

Sales Management tools.

- Optimization of the Finance organization within the region

using the concepts of shared services, outsourcing and in-sourcing.

- Time reduction of annual Closing (9 days) and monthly Closing (4 days).

- Building and maintaining efficient Tax and Treasury structures within

the region.

- Implementation of a regional Legal Department and a culture for

contracts.

- Full compliance with SarbOx requirements in the region.

- Various SAP FICO implementations

- Incorporation of legal entities (subsidiaries) in Santiago de Chile, Chile

(2009) and in Bangkok, Thailand (2010), respectively.

3

Merger & Acquisitions:

- Acquisition of an important dealer (Beijing Superior) in China (2006).

- Acquisition of an important dealer (SIGAL) in Chile (2009).

- Acquisition of a manufacturer (Proligo) for ‘Oligonucleotide’s’ and

holder of an important patent from Degussa AG, Germany; entities in

USA, Germany, France, Australia, Singapore and Japan (2005).

- Acquisition of a manufacturer (JRH) for ‘Serum’ and ‘Liquid Media’

from CSL, Australia; entities in USA, UK and Australia (2005).

1997 – 2002: Sigma-Aldrich Laborchemikalien GmbH, Seelze, Germany (after

acquisition in 1997 part of the Sigma-Aldrich Group)

01‘00 – 08’02: Deputy Managing Director

Responsibilities:

All day to day decisions to manage a manufacturing site with logistic center and

sales and marketing organization, 220 employees, >4000 products and > US$40

million in revenues; Managing Director was located in Buchs, Switzerland.

Analysis and evaluation of potential targets for acquisitions in Germany and

Switzerland.

Main achievements:

- SAP implementation for the entire side (SD, MM, PP, FICO) in 2001.

- Member of the steering committee and responsible person for the

successful audit and certification of ISO 9001 in 2000.

- Sale of one product line and close down or move of remaining activities.

- Productivity improvement >5% per year.

08‘97 – 12’99: VP Finance and IT

Main Responsibilities:

- Implementation of Corporate standards (accounting policies, procedures

and internal controls) for Sigma-Aldrich Laborchemikalien GmbH

(former Riedel de Haen, Seelze) after the acquisition from Honeywell.

- Review of all purchase agreements and service agreements between

Sigma-Aldrich and the former owner Honeywell.

- Planning, directing, organizing of all accounting and finance functions.

- Planning, organizing and coordinating month-end and year-end close.

- Ensuring the integrity and reliability of the company’s financial

information in accordance with local GAAP (HGB) and US GAAP.

- Tax planning.

- Managing the relationship with independent auditors and external

authorities and administrations.

- Development and implementation of an improved worldwide Transfer

Pricing System (in cooperation with the tax department in St. Louis).

4

Main achievements:

- Successful implementation of all Corporate standards in less than 3

months.

- Successful review of all agreements between Sigma-Aldrich and

Honeywell leading to a reduction of service charges in the amount of

>US$1.0 million per year for the Sigma-Aldrich group.

- Significant reduction in worldwide duty expenses through the improved

and more accurate TP system.

1990 – 1997: KPMG Peat Marwick

07‘94 – 06’97: KPMG Cardenas Dosal, Mexico City, Mexico

Senior Manager of the ‘Practica Alemana’ in Mexico

Responsibilities:

- Preparation and/or audit of HB II Financial Statements of German

subsidiaries in Mexico.

- Acquisition of new clients in Germany or directly in Mexico.

- Finance and Tax due diligence reviews.

- Business growth through design and development of new local services

for medium size subsidiaries of German parent companies.

- Recruit, build and train a high performing team for the ‘Practica

Alemana’.

- In close coordination with German parent companies implementation of

cost accounting systems for their Mexican subsidiaries.

- Responsible and contact for all German KPMG clients in Mexico.

Main achievements:

- Various acquisitions of new clients for the ‘Practica Alemana’ in

Germany and Mexico which were not directed from the German parent

company.

- Leading ‘Practica Alemana’ among the big audit companies in Mexico;

very strong market recognition.

- Very positive feedback from various clients (Fresenius, Mannesmann,

Bosch) for the contribution to and organization of the due diligence

process at potential target companies in Mexico.

11‘90 – 06’94: KPMG Peat Marwick, Hamburg, Leipzig and Dusseldorf, Germany

Senior Auditor

- Planned, supervised and performed special audits to issue an expert

opinion

o Heart pacemaker scandal in Germany.

o Arm’s-lengths review for leases for internal employees of SAGA

GWG in Hamburg.

- Key member (as external consultant) of the ‘Reprivatisierungsabteilung

der Treuhandanstalt, Leipzig’ (privatization agency).

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- Planned, supervised and performed financial audits for the purpose of

expressing an opinion on the financial statements; primarily focused

within the manufacturing industry.

LANGUAGES

English (business level)

Spanish (business level)

Portuguese (business level)

German (mother tongue)

COMPUTER AND SOFTWARE EXPERIENCE

Extensive experience with ERP software packages – SAP, Oracle (Hyperion and

HFM and GP Dynamics.

Extensive experience with MS Office Suite products – Excel, Word, Visio,

Project and PowerPoint

01/07/2014

Name Date

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