Stefan Tihi
Finance Specialist
Germany
Summary
Dedicated leader in finance with 12-year track record of providing exceptional financial management, organizational and interpersonal traits. Skilled in data and financial analysis, accounting, risk governance and change management. Excellent verbal and written communication skills and passionate about developing individuals and teams
Overview
11
11
years of professional experience
5
5
years of post-secondary education
4
4
Languages
Work History
Internal Consultant - Finance & HR Advisor
Médecins Sans Frontières (Doctors Without Borders)
Brussels, Rio, Belgium, Brazil
12.2021 - 04.2022
- Organizational analysis on regional setup of MSF operations in Brazil with focus on HR, Finance and Legal framework.
- Implementation of Shared Risk Analysis for all stakeholders (HQ, Brazil operations and MSF Brazil association in Rio).
- Adapted and designed a support setup with clear roles & responsibilities defined in an internal agreed MoU.
- Collaborated with team members to achieve target results.
- Implemented process improvement to shape organizational culture, optimize procedures for higher efficiency and help company evolve and grow.
Finance Coordinator (Emergency Coordinator)
Médecins Sans Frontières (Doctors Without Borders)
Sao Paulo, Manaus, Brazil
03.2021 - 11.2021
- Managed multiple operation sites to ensure smooth running of our activities.
- Completed in-depth analyses of risks to control company profile, enhance systems and track legal concerns.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance and budget targets.
- Implemented project management techniques to overcome obstacles and increase team productivity.
- Set clear departmental objectives and developed effective strategies to achieve targeted goals.
Finance Coordinator
Médecins Sans Frontières (Doctors Without Borders)
Kabul, Afghanistan
03.2020 - 12.2020
- Financial Head of Mission and increased competency of the finance team by active coaching and training of direct team and Finance Managers in field.
- Successfully optimized the financial processes through internal control and harmonized the financial landscape, which introduced better transparency for the coordination & HQ team.
- Increased budgeting/forecasting quality active implementation of reporting tools and standards.
- Created overall dossier “Financial Framework” and improved standards within projects and HQ, leading to an increase and awareness of financial risk management in projects.
- Set clear departmental objectives and developed effective strategies to achieve targeted goals.
Finance Manager
Médecins Sans Frontières (Doctors Without Borders)
Abuja, Capetown, Nigeria
01.2019 - 12.2019
- Created organizational structures to improve accounting and finance functions.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Created documents and reports to display financial reports and data using Unifield.
- Analyzed financial statements against forecasts and budgets to prepare high-level variance analysis.
- Implemented process improvement to shape organizational culture, optimize procedures for higher efficiency and help organization evolve and grow.
Site Controller
MUCOS Pharma GmbH & Co. KG
Berlin, Germany
07.2017 - 07.2018
- Financial head and business partner to Site Lead and responsible for all finance and accountancy related topics (Business volume approx 40M EUR).
- Turned around financial strategy of the organization by successfully introducing Management Reporting Tools and efficient financial analytics standards, improving the EBITDA Margin by 2.5% per ano.
- M&A process responsible (Nestlé) and successfully integrated financial framework within local and organizational change requirements.
- Responsible for Internal Control and Operational Risk Management and reduced internal risk by pro-actively enabling risk governance structures on manufacturing site through financial process analysis.
- Prepared corporate fiscal and business plans to help strategically direct business operations and strengthen controls.
- Accurately completed financial statement audits and thoroughly reviewed results.
Segment Business Controller
SIEMENS AG
Erlangen, Germany
02.2015 - 07.2017
- Successfully created financial tools & reports (i.e., Asset Management Report), which supported the team and the management in gaining a better understanding of the business, analyze threats and boost the profitability of the operations.
- Project lead of “Cost Analysis Project”, which brought significant improvement in cost reduction (-8% per fiscal year) as well as increased efficiency for operations of eight manufacturing sites.
- Introduced new forecasting and reporting process including comprehensive Management Information System to ensure timely readiness decision-making for top management, which led to increased visibility of the business and enhanced transparency.
- Gave professional financial & strategic advise to support the restructuring projects (M&A & site closures), which created a smooth transition of the projects.
- Created and distributed reports on internal and external finances, audits and budgets.
Head of Business & Performance Controlling
SIEMENS AG
Berlin, Germany
07.2012 - 01.2015
- Managed to successfully restructure and turn around company with business volume of 60M EUR in approx. 1.5 years from negative to positive Gross Profit Margin, through development of KPIs, change of financial processes and implementation of cost reduction measures.
- Successfully created and implemented Management Reporting Report; established efficient internal reporting systems and aligned commercial processes between Controlling, Order Management and Sales department.
- Reduced Net Working Capital from 2.2 to 1.4, through efficient Asset Management and shortened Cash Conversion Cycle for operations.
- Delivered high-quality information to management, through monthly key figures analysis of the P&L, Balance Sheet and Cash Flow Statement according to local GAAP and IFRS.
- Improved operations through consistent hard work and dedication.
Operational Controller
Siemens Ltd. China (SIEMENS AG)
Shanghai, China
08.2009 - 06.2012
- Being direct executive support to CFO managed to strengthen budgeting and financial planning process by active recommendations and through creation of tools and reports.
- Successfully coordinated restructuring and footprint project on-site and improved profitability by 25% through cost optimization and portfolio evaluation (active lead of Project).
- Improved supply chain effectively by supporting Sales and Production department by monthly cost and productivity controlling, which caused productivity increase of overall 12%.
- Successfully driven, implemented and adapted new top-down financial strategy of Siemens Ltd China.
- Created and distributed reports on internal and external finances, audits and budgets.
Education
MBA - Masters of Business Administration
Hochschule Fresenius | University of Applied Sciences
Online 01.2022 - Current
Master of Science - Informations Management
Business School (University of Applied Sciences)
Neu-Ulm, Germany 09.2005 - 08.2010
Skills
Microsoft Office
Timeline
MBA - Masters of Business Administration
Hochschule Fresenius | University of Applied Sciences
01.2022 - Current
Internal Consultant - Finance & HR Advisor
Médecins Sans Frontières (Doctors Without Borders)
12.2021 - 04.2022
Finance Coordinator (Emergency Coordinator)
Médecins Sans Frontières (Doctors Without Borders)
03.2021 - 11.2021
Finance Coordinator
Médecins Sans Frontières (Doctors Without Borders)
03.2020 - 12.2020
Finance Manager
Médecins Sans Frontières (Doctors Without Borders)
01.2019 - 12.2019
Site Controller
MUCOS Pharma GmbH & Co. KG
07.2017 - 07.2018
Segment Business Controller
SIEMENS AG
02.2015 - 07.2017
Head of Business & Performance Controlling
SIEMENS AG
07.2012 - 01.2015
Operational Controller
Siemens Ltd. China (SIEMENS AG)
08.2009 - 06.2012
Master of Science - Informations Management
Business School (University of Applied Sciences)
09.2005 - 08.2010
Similar Profiles
FABIANO NASCIMENTO MARTINSFABIANO NASCIMENTO MARTINS
Budget Consultant (Volunteer) at Doctors Without Borders/Médecins Sans Frontières (MSF) CanadaBudget Consultant (Volunteer) at Doctors Without Borders/Médecins Sans Frontières (MSF) Canada
Danny HungDanny Hung
Social Media & Multimedia Officer at Médecins Sans Frontières (Msf) InternationalSocial Media & Multimedia Officer at Médecins Sans Frontières (Msf) International
Maryam Yusuf BayeroMaryam Yusuf Bayero
National Staff Representative at Médecins Sans Frontières WaCANational Staff Representative at Médecins Sans Frontières WaCA