Florian Butter

Experience

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  Oesterreichische Nationalbank

  Jan 2009 - Jun 2009

  Practical Training

  Department: Financial Market Analysis and Monitoring of Financial Intermediaries (6 months)- Risk assessment of international major banks in CESEE- Balance sheet analysis and analysis of key figures

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  Erste Asset Management GmbH

  Oct 2009 - May 2010

  Internship in Institutional Distribution

  - Drawing up of complete country related research papers- Setting up first client contacts with initial telephone calls and the elevation of needs- Preparation and Assistance of sales pitches

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  ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H.

  Jun 2010 - Aug 2010

  Internship at Fund Management

  - Analysis of Financial Markets, asset classes and products by means of various financial ratios.- Development and elaboration of attribution analysis

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  Raiffeisen Bank International AG

  Jan 2011 - Jul 2011

  Part time job

  Conduct of FX and commodities research for the CEE region.

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  Deutsche Bank

  Aug 2012 - Jan 2013

  Internship in Institutional Distribution

  During my practical training as a working student, I became active with analytical work related to our Asset Management products portfolio. Among others, my work comprised the following areas:- Completion of market analysis with Bloomberg- Implementation of peer group comparisons- Conception of programs and models for back tests

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  Siemens

  Dec 2013 - Jan 2019

  - CFO Support to analyse cost developments and address shortcomings in value creation- Monthly Business review with discussion of project pipeline- Driving Digitalisation through development and consolidation of VBA-Excel tools- Maintaining previous responsibilities in Reporting while adding to business development- Gathering leadership experience for a small team in Reporting and Performance Controlling- Coordinating reporting process for 8 Divisions and 12 Support Functions- Cash Flow planning and overlooking monthly planning requirements Show less - Coordination between Iran and the ME Lead Country in Accounting & Reporting questions- Driving Digitalization with the Implementation of modern tools and platforms- Controlling responsibility for 12 Support Functions and 3 Corporate Divisions- Creation of VBA-based tools to increase transparency, reliability and speed of Reporting- Coordination of Forecast and Budget preparation for Divisions and Support Functions- Introduction of IFRS 15 as the new Accounting Standard in Iran- Advisory of Divisions and Accounting in Revenue Recognition and Guideline topics- Monitoring of Key Figures in ESPRIT, DASh and Smart Reporting tool Show less Assuming closing responsibilities in Accounting & Controlling to familiarize with procedures used in the Siemens Lead Country for Middle-East and Africa. It is an assignment to prepare for my upcoming role as coordinator and advisor in CF Reporting Iran. Among the most important steps that have been implemented are the following:- Extensive online training and education in various types of Revenue Recognition- Management of Budget and Forecasting procedures- Monitoring and support of four Lead Country Support Functions, providing them guidance in regular meetings on allocation, recharging, addressing action points and headquarter requirements- Performance Controlling for Actual Key Performance Indicators and Variance Analysis- Taking on controlling responsibility for Bahrain and Kuwait- Continuous Support for Reporting & Accounting requests from Iran- Study of the Reporting Guidelines for Revenue Recognition, Budget Allocation and Valuation- On-the job training in ESPRIT, SAP/Spiridon and EFC Show less The Siemens Graduate Programme is designed to advance my capabilities in three different areas of responsibility within two years. All my assignments are in the context of Project Structured Finance and Controlling.Rotation 3 (May 2015 - November 2016) Executive Office Lead Country Finance Siemens Middle East Ltd., Lead Country CFO Office (Abu Dhabi & Dubai, UAE)- Acquiring good understanding of Lead Country controlling in the Middle-East- Developing knowledge in financial reporting- Developing a tool to analyze pertinent Key Performance Indicators - Suggesting action points to address weaknesses in the business development- Get a good grasp of figures and reporting across nine divisions and fifteen countriesRotation 2 (September 2014 - May 2015) Project Structured Finance – EquitySiemens Project Ventures GmbH (London, UK)- Create a financial model from scratch, retrace figures, define and interpret sensitivities- Successful conclusion of trainings in financial modelling (internal and F1F9)- Gaining understanding of the structure of a non-recourse financed Independent Power Project- Conducting deal-related research on the European offshore wind-farm market- Draft of an Emerging Markets report to assess their market prospects- Draft of opportunity memo for a potential wind-farm saleRotation 1 (December 2013 - August 2014) Transaction and Portfolio Management – DebtSiemens Bank GmbH (Munich, Germany)- Active participation in five transactions, including participation in committee meetings- Due Diligence and writing of credit reports- Completion of a strategy report for emerging markets- Introduction in most relevant rating tools and methods- Omega training ‘Commercial Loans to Business’ and participation in a Treasury Workshop - Regular risk review of existing projects Show less

  • Business Administration & Performance Controlling

    Apr 2018 - Jan 2019

  • Accounting, Reporting & Controlling Iran

    Jun 2016 - Jan 2019

  • Cluster Controlling & Accounting for Middle East

    Dec 2015 - May 2016

  • Siemens Graduate Program

    Dec 2013 - Nov 2015
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  Siemens

  Mar 2019 - now

  Working for Audit on a global level provides me with both, in-depth insights into various Siemens business lines and the platform to address systematic weaknesses that entail financial cost. Audit requires close customer relationship management as well as hands-on responsibilities during planning, execution and completion of reviews. Applying the new Agile approach to auditing, I am levering the knowledge of experts in finance, technology and markets to identify emerging risks and transform audit findings into impactful analysis. Those are then discussed with lead executives to derive strategic initiatives and documented in internal reports. I exploit big data to identify breaks in process maps and utilize AI to predict trends across all project cost and backlog.Achievements: - Development of a Project Calculation tool. Using data management software like SQL, Qlik and Python, the new tool is in a position to identify red-flags across all WBS-elements and periods.- Successful application of Agile management to promote collaboration across different workstreams and empowerment of people in order to ultimately deliver value-adding risk insights.Experiences:- GBS (3x) Global Maturity / Payroll process / Sales and Use Tax audit (PT, CZ, CAN, NY)- SMO (3x) Train and Metro projects (NY, FL, CA)- SPG (2x) Project execution in 17 oil & gas projects (USA & GER)- SI (2x) Balance sheet audit of newly acquired switch-gear manufacturer (Boston, MA, USA)- SI Hydropower project audit (Montreal, QC, CAN)- Export Control & Customs review of a spare parts order platform (Munich, BY, GER)- (6x) business partner audits related to compliance of sales & manufacturing agents (USA & CAN)- Wind Power productivity assessment (Orlando, FL, USA)- SFS IT system implementation project audit in Siemens Financial Services (New York, NY, USA) Show less

  • Senior Auditor

    Jan 2022 - now

  • Finance Associate

    Mar 2019 - now