Agenda Day 1, May 16th, 2024: (see Agenda Day 2) (back to Event Summary)
(time zone used is Central European Time)
08.30 - Registration and Coffee
09.00 – Opening Remarks from the Chair
09.15 – Implementing The Corporate Sustainability Reporting Directive (CSRD)
· Differences between Non-Financial Reporting Directive (NFRD) and CSRD
· Are you reporting according to European Sustainability Reporting Standards?
· Audit of all sustainability information that you report. Digitalisation of sustainability information
Kristian Koktvedgaard, Head of VAT, Accounting and Auditing, DI; Sustainability Reporting Board Member, EFRAG
10.00 – Corporate Perspective on the Corporate Sustainability Reporting Directive (CSRD)
Thomas Lundell, Group CFO, Priva
10.45 – Morning Coffee and Networking
11.15 – Managing Inflation from a CFO Perspective
· Accounting Challenges in Inflation
· Decision-Making in Inflationary Times
· Impact on Profit and Loss Statement
· Balance Sheet Effects
· Hedging and Risk Management
Dr Yorck Schmidt, Chief Financial Officer, Member of the Board, AVL List GmbH
12.00 –Transformation of Finance Operating Models
· Changing your back-office business model
· Automation implementations and its effect on governance and human roles
· Define operating principles on how to structure the operating model: for increased decision support, communication links and KPIs
· Standardise processes to gain efficiencies & savings
· Looking for new areas to add finance capabilities
Mira Gvozdenovic, Vice President, Finance Technology & Operations, Hempel A/S
12.45 - Beyond Budgeting – The 21st Century Management Model
· What is Beyond Budgeting
· Cases
· How to get started
· Implementation advice
Bjarte Bogsnes, Chairman, Beyond Budgeting Roundtable
13.30 – Lunch Break
14.30 – Supporting Data Driven Decisions
· Getting data right, having the right resources to support analysis
· Stable and digitalized data into the systems
· Data and communication stewardship
Tanja Schlesinger, VP OneSource Business Intelligence, Deutsche Bahn Regio AG
15.15 – Innovation in Finance: a Strategic and Practical Component with Lessons & Real Life Examples
Inbal Orbach, Regional Head, Financial Planning and Reporting, Takeda
16.00 – Afternoon Coffee and Networking
16.30 – Using AI for Predictive Analysis, Modelling and Long-Term Planning
Christian Martinez, Finance Automation Manager, Kraft Heinz
17.15 – Setting up Finance Centres of Expertise Locally and Globally
· Using a centre of expertise (COE) model
· Training for COE workforce to provide trusted insights and decision support (a team of strong subject matter experts)
· Standardisation of processes, reports, with best practices and scalable technology
· Improving the COE’s capabilities incrementally through operational excellence
· Expanding COEs to other countries globally
Karin Aalbertsen, Head of Finance, Tremco CPG Europe
18.00 - Finance Function Integration during Mergers and Acquisitions
· Technical integration issues: alignment of different accounting rules and reporting systems
· Culture issues: adapting to the new organization and management expectations
· People issues: motivation and retention vs. dismantling and rebuilding
· Transitional issues
Fabrizio Olivares, Former CFO Europe, LafargeHolcim
Justin Cini, Head of Finance – Hosting Services, Airbnb
Dr. Maciej Mikucki, CFO, Polpharma Group
18.30 Closing Remarks from the Chair and End of Day 1
Reception and Networking