Emeric Lille

• Local accounting team supervision (4 people, 1 000 invoices AP a month) and controlling supervision (1 employee)
• Finance department productivity improvement (6,5 people in 2008)
• consolidation supervision in Business Object Finance (formerly Cartesis) in French GAAP (no IFRS) and monthly inter-company reconciliation supervision
• Yearly and monthly closing supervision according to group instructions (French & Czech GAAP), no IFRS
• Yearly financial audit preparation and coordination according to group instructions
• Weekly bank account Overdraft optimisation over 6 accounts (3 banks, 2 currencies), yearly negotiation with banks : decrease of transfer fees by -50%
• Preparation of the financial statements and general assembly documents jointly with the chief accountant
• Presentation of monthly results to the steering committee, explanation of the differences with budget/flexed budget, warning about overspending
• Budget preparation with the plant controller, and presentation to the group CEO at the HQ
• Year end physical stock taking preparation et supervision
• evaluation of Investment : Payback/ROI/NPV, make or buy decision
• follow up of plant productivity (OEE, labour efficiency)

Poclain Hydraulics is an industrial company, worldwide leader in slow rotation high torque hydraulics motors. PH designs and manufactures hydraulics motors with complete solution for his customers. The competition is worldwide and the environment multicultural.
The plants are organized under automotive models, where capacity utilisation, quality and supply chain are critical in the industrial process, and the key to profitability.

My missions in Poclain Hydraulics in Czech Republic were:

- to provide timely accurate MFG P&L, according to corporate deadline
- to provide relevant MFG P&L analysis to local and corporate using various calculation like variances analysis, Forex impact, labor efficiency, utilization of capacity, etc....
- build up budget from group and local input
- to ensure that production cost are calculated according to group rules and are reflection of reality
- to ensure indirectly that information system (Peoplesoft)was used in a proper way to maintain accurate dataflow (control of material consumption, audit of invoicing, cycling inventory)
- transverse analyse: make or buy decision, productivity follow up, return on investment with DCF method, monthly scorecard, etc.

Internship for my master in Cost accounting
My main missions were:
- to print the monthly P&L for each Business Unit
- to print the monthly current cost and explain evolution
- to monthly issue industrial scorecards of the cie
- to automatize the scorecard through Business Object query
When I left the internship all scorecard were available through BO query