Alexandra Buzgau

• Business Group Controlling for BG Europe (Revenue 1.2bn CHF). Taking care of Month-End Closing, Forecasting, Budgeting and various management reports.
• Interface to BG Europe Executive Committee & Group Finance & Controlling functions.
• Responsible for overall controlling topics for Central Europe region (9 Plants in Germany, Switzerland and Poland) related to Month End closing, Forecasting, Budget Planning.
• Coordination and communication within extended EU Finance & Controlling community.

• Overall Controlling Lead for the Lighting Business Division in Germany (2 legal entities): 1 Production Plant incl. R&D and Admin Headquarter (5 Business Units; Revenue 400+ mil€/year; Headcount 2.200+), 1 Toolshop (Intercompany business; Headcount 150+).
• Leading & developing a team of 10 people, both on-shore and off-shore: recruitment, onboarding, tasks distribution, performance appraisal, development dialogues.
• Business partner : gatekeeper to the company's financial information, using the figures to tell the story of opportunities, risks and overall direction .
• Fiscal Year Budgeting & Strategy Planning : accountable for the overall P&L, Cash-flow, Capex & Headcount Budgets for the legal entities. Budget workshops with Plant Management, reviews with specific Head of Departments or even Top Management (incl. Board Members for specific areas).
• Predictive analysis & Forecasting : Weekly Flash (weekly P&L estimations of the current month results), 3 Months Rolling Forecast, Quarterly Year-End Forecast.
• Overseeing the Month-End closing process and IFRS compliance.
• Reporting package for the entities: reports concerning Revenues, SPI, Material costs, Cost center expenses, Variance analysis, Gross Margin, P&L, Headcount, Capex, R&D expenses, Admin and SG&A Overheads, etc.
• Management Presentations : Monthly Financial Review to Plant MD, Europe MD, Division leaders, Central CT.
• Business cases preparations: Relocation business case (Best cost / High cost); Turnaround project for KPI improvement of the Plant.
• Audit support : involved in the Hard-close process and Year-End closing, supporting Group Finance & Controlling.

Achievements: contributed to the successful Commercial Opportunities cross-function initiative which resulted in significant reimbursements for the Plant, received from the customer Daimler (+9 mil€).

• Responsible for several Group Controlling Projects , working directly for the VP Controlling of the Electronics Business Division and collaborating with all Controlling VPs from the other Divisions.
• Merger experience: integral part of the Central Controlling team overseeing the 6.7 bn€ merger with Faurecia and the creation on the new Forvia brand (officially launched in February 2022). Consolidation of the financial synergies and merging costs for Hella, integration & translation into the Fiscal Year Budgets, communication with all Controlling VPs of the Hella Divisions, preparation of Steering Committee slides for various Top Management presentations.
• Internal process improvement project: analysis and benchmarking of the existing Weekly Flash process of both the Electronics and Lighting Division, presentation of results and recommendations to Central CT.

Dashboards improvement project: interviewing key users of the in-house reporting Dashboards, finding out issues and improvements potential, communicating and follow-up with responsible implementation team.

• Oversee all FI & CT processes for the entire legal entity. Ensure requirements of local GAAP and IFRS are met and took care of all fundamental FI & CO activities: Reporting, Variance Analysis, Budgeting.
• Continuously develop the FI & CO department. Managed 15+ HC and coordinated local hires, Hella Shared Service employees and external consultants.
• Closely supervise the Capex planning and spending, especially focusing on the construction of the Plant and Manufacturing equipment (15 mil € in the first FY, 35 mil € in the second FY).
• Applied for Grants from LT Government and successfully attracted 3 Mil €.
• Developed the needed internal reporting and performance measures to Forecasting , AR/AP and Tax .

Achievements: over-achieved KPIs for the very uncertain 1st year of existence (20% improvement in EBIT).

• Successfully coordinated all necessary parties for the registration of the new legal entity in Lithuania. Member of the core Leadership Team of the company, involved in various strategic decisions.
• Created the initial Finance & Controlling concept of the company and set up the department from scratch overseeing the collaboration between the local team, Hella Shared Service and external consultants.
• Prepared the first 3 years complete Budget for the new company (P&L, Capex, Balance Sheet, Cash Flow).
• Oversee initial capital subscription of 15 mil€.
• High involvement and participation in the SAP ERP implementation project which expanded over 10 months and had a cost of 1 mil€.

Achievements: participated in over 50 recruitment processes (for own department and for other teams e.g. Admin, PR) and contributed to the foundation of a Greenfield manufacturing site which became a benchmark both internally in the Hella Group but also locally in Lithuania.

• Consolidation role for the 4 locations of the Electronics Division of Hella Romania, Revenue 350+ mil€/year.
• Responsible for various Controlling topics : Monthly closing, Forecasting, Budgeting, Cost variance Analysis, KPI Reporting. Ad-hoc analysis for local Management, CEO, Central Controlling.
• Deputy for the Head of Plant Controlling and interface to Central CT.
• Preparation of the monthly reporting Package , distribution to local Management Team and presenting the monthly results in various Reviews .

• Prepare and analyse the P&L by Product Lines for entire Electronics Business Division ( 20+ locations WW ). Preparing and organizing Business Review presentations with Segment Leads and BU Management. Project Controlling.

• Provide financial reports and presentations for business unit management by collecting, analysing and consolidating data. Interaction with worldwide locations, ensuring timely data accuracy and consistency.