Bernhard Feldhaus

Detailed and goal oriented business professional with more than 20 years of experience in diverse business settings in Germany and the U.S. Experienced in various Management Positions in different German and U.S. companies in M & A and Manufacturing, German and U.S. environments (including German HGB, U.S. GAAP and IFRS).

Excellent organizational, time management and interpersonal skills. US and German Citizen. Demonstrated ability to analyze quickly, negotiate and make decisions. Skilled in problem solving. Ability to work within an organization to achieve company goals and objectives.

Always seeing the "big picture"

CFO at Power Business Group (2023-01 – 2026-12)

Manufacturer of Plumbing Materials with locations in Colorado, Minnesota and Arizona

• Overseeing financial planning, budgeting and forecasting
• Business Development, M&A (4 companies acquired within the last 1.5 years)
• Analyzing financial data to make strategic financial decisions
• Handling financial risk management and cash flow optimization
• Collaborating with other executives to align financial goals with overall business objectives
• Securing investments
• Deciding on financial systems, processes and technology

Controller at AEG (Signlanguage XL) (2013-01 – 2023-12)

Printing company for UV and digital based banners, revenue approx. $65M

• In charge of the company's entire finance and related affairs
• Designing and implementing business operations
• Lead employees to maximum performance and dedication
• Evaluation of performance by analyzing and interpreting data and metrics
• Participation in expansion activities (investments, acquisitions, corporate alliances etc.)
• Cost controlling
• Overhauling company processes and procedures to meet SOX and SEC standards
• Controlling of all accounting activities including: cash management; invoicing and accounts payable
• Forecasting, Planning and Developing fiscal budgets, monthly and quarterly financial reporting (IFRS accounting)
• Annual audit leadership
• Handling of the relationships with banks and the auditing of the company
• Reorganizing the Finance Department to meet international needs of the company
• Monthly reporting to BOD of owner company (M&A company)

Controller at Connors Drilling, LLC (2012-01 – 2013-12)

Commodity Mining services START UP, with drilling sites in NV, AK, South Africa and Australia. Group revenue approx. $55M

• Supervision of Finance, Accounting, Purchasing and IT functions, company was sold to a competitor in 2013
• Budget responsibility
• Leadership of IPO process/due diligence
• Monthly reporting to BOD of owner company (M&A company)
• Cost controlling
• Adjusting AR processes to meet international standards
• Due diligence as part of company acquisition in Australia

Financial Controller, Public Accounting START UP at Vought Aircraft Industries (2007-01 – 2012-12)

Aviation Industry (Boeing Industries bought facility in 2010). Revenue approx. $500M

• Establishing and Supervision of all Financial, Accounting/Controlling at the new facility in North Charleston, SC
• Finance-Accounting (start up situation in N Charleston)
• Cost Controlling
• Cash Management
• Establishing of Accounting and Plant Controlling Departments for functional transfer from Corporate Office in Dallas/TX
• Forecasting, Planning and Developing fiscal budgets (Hyperion), monthly and quarterly financial reporting
• Temp Supervision of HR Department
• Leading the process of SOX Implementation and Compliance
• SEC (10k and 10q reporting)
• Full P&L and Balance responsibility
• SAP 5.0 Implementation
• Leading and Coordinating the SOX Compliance process (successful audited in Dec 2008)
• Government contracting due to special agreements between the company and State of South Carolina

Division Director of Finance / CFO at Cooper Industries (2002-01 – 2007-12)

Manufacturer of Industrial Power Tools for the Automotive Industry, revenues ca. $120M/year

• Oversee the Divisions (45M rev.) Financial Department, Budgeting, and Planning (18 employees)
• Controlling of all accounting activities including: cash management; invoicing and accounts payable
• Financial Supervision of 2 facilities in Germany and France
• Forecasting, Planning and Developing fiscal budgets, monthly and quarterly financial reporting (IFRS accounting)
• Full Responsibility of the Human Resources Department
• Handling of the relationships with banks and the auditing of the company finances
• Handling of the production planning and inventory functions and the implementation of FI/CO module of SAP (Hyperion)
• Special Financial Analysis and Reporting upon request

Director of Finance & Administration / CFO at Hueck Foils (2000-01 – 2002-12)

US Subsidiary of Constantia Hueck Foils, Weiden, Germany START UP. Manufacturer of aluminum packaging materials, revenues ca. $21M/year

• Oversaw the company's entire Finance, and Material affairs and budgets
• Oversight of Human Resources and Information Systems
• Controlled all accounting activities including: cash management; invoicing and accounts payable (IFRS accounting)
• Controlled the financial budgets. Controlled management preparation of P&L and balance sheet
• Established the Finance & Accounting Department with all procedures
• Handled the relationships with banks and the auditing of the company finances
• Handled the production planning and inventory functions and the implementation of FI/CO module of SAP
• Annual audit leadership

Manager of Finance & Administration at Udo Lermann Group (1995-01 – 1999-12)

Electronic Systems Manufacturer

• Responsible for Administration Management for the Headquarters in Germany and the subsidiary in the U.S.A (1998)
• Oversight of: Accounting, project management
• Accounting Supervision
• Construction project costing
• Real estate management, controlling of the conditions of the real estate, organization of renovation, and tenancy agreements
• Responsible for the Financial/Controlling issues of the U.S. subsidiary in Oak Park, Illinois until the subsidiary was sold in 1998

Project Management at BHF-Bank & DBG (1990-01 – 1995-12)

M&A Investment Group

• MBO
• MBI
• Start up's and "turn arounds"
• Public listings
• Company analysis, restructuring
• Developing of Finance plans
• Representing DBG as shareholder in boards of partner companies

MBA (Diplom-Kaufmann) in Business Administration and Finance – University of Cologne