Financial Controlling

Inside Views

Nina Financial Controller
   

After graduating from Vienna University of Business and Economics with a PhD in Sociology and an MA in Economics, most of my professional life has been spent within the steel industry.

I started my career as business unit controller with an Austrian world-leading supplier of refractory materials to steel mills. After five years of working in Italy, Germany and Austria, I made a slight detour to the financial industry for another five years, joining a division of the leading state-owned German bank, which finances projects of German and European companies to improve their global competitiveness.

My main task was to implement a new reporting and controlling system in this new division.

In 2008, I again followed my vocation of working in the steel industry and joined the Vallourec Group in Germany, starting as a Value Manager for the Business Unit Industry.

 

This job encompassed the following:

  • Analysis of price policies in use and definition of a common reference price policy per segment
  • Monitoring of prices on the basis of the "price engineering" philosophy
  • Quality Management for BU Industry
  • Project Manager for Mill Specialization of BU Industry
  • Periodical management reporting and continuous improvement of the reporting system.

 

In 2012, I was appointed Financial Controller of the Market Division Industry.

My current tasks are:

  • Periodical management reporting
  • Budgeting and planning revisions of the P&L of Market Division Industry
  • Strategy planning of a consolidated P&L Market Division Industry
  • Monthly cost management of the direct division costs, production costs and cost of R&D projects in the Market Division
  • Working capital (PRI) project
  • Preparation of the data for the European Union for the imposition of anti-dumping measures against foreign tube producers
  • Elaboration of ad-hoc analysis, managerial special-purpose analysis and comments (e.g. monthly business reviews for the board, reference document for CAC40).

     
    Vallourec offers me a variety of opportunities, such as:
  • Due to its worldwide activities, working in an international and highly diversified team of experts.
  • The content of my work is strongly influenced by the combination of challenging technical issues (for an economist) and financial matters.
  • Creativity, responsibility and career development are promoted by the company and are key for improvements, organizational changes and successful project realization.

 

Looking ahead, I wish to continue to occupy a position with a financial, controlling or financial internal audit background either in a market division, in a mill or at corporate level.

Controlling

Mission:

Provide appropriate financial tools to assist decision-making at all sites and companies.

Controllers close and analyze trading results, suggest improvements to existing tools and/or develop new tools to facilitate performance analysis. They produce strategy and progress plans and oversee mergers and acquisitions. They provide valuable support to operational staff and inform them about the financial aspects of their activities.