C.V. Etienne Herlaar
Etienne Herlaar RI RE MBA CISA
All round Finance, Governance and Control management with IT expertise
Professional Profile
An, internationally exposed, experienced executive manager who is familiar to work
with different (business) cultures, in various industries and in various
product/business-life cycle with his own consulting business practice to help improve
businesses from SME to Multinationals.
A Finance and Business Risk Control Expert that easily identifies strategic and
operational risks and opportunities, Besides an excellent background in Finance, IT
and Control, the operational experience has taught me to be able to manage and
financially control most business processes in a business.
As respected person of the management team, my major strength is by collaboration
and straight forward attitude keep the team together. In management assessments I
score high in terms of good leadership.
Finally as an excellent senior Finance Executive I am able to identify quickly the
weaknesses and opportunities of the business, enabling myself to manage and direct
special projects to either increase revenue, reduce costs, maximize cash flow or reduce
management risks.
Visit me on WWW.ERHCONSULT.COM
the insurance for delivery of objectives
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C.V. Etienne Herlaar
Personal details
Name:
Etienne Roger Herlaar RI CISA RE MBA
Sex
Male
Date and place of Birth:
Rotterdam at 2 may 1966
Nationality
Dutch
Marital status
Married
Children
1 daughter
Address
Kriekelsheuvelstraat 36
3680 Maaseik
Belgium
Email
Etienneherlaar@hotmail.com
Language skills
Dutch, English, German
Tel
Home:+3289568146/
Cell: +31611752323
Education
2001
Graduated (executive) MBA (IMM) International
Management, Purdue University West-Lafayette, Indiana,
USA/ Tilburg university (TIAS).
1997
Postgraduate EDP audit, Erasmus University Netherlands
Certified Information Systems Auditor
1993
AMBI Informatics (special study (graduation) subject:
control of distributed computer environments) – Bachelor
title
BIV/AO (organization and control / internal controls)
1991
3 years Nivra study (accounting, law, business economy,
internal organization, management control, information
structures, Insurance math’s, financial accounting, costaccounting)
1987
MAVO (1983), HAVO (1985) en VWO
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C.V. Etienne Herlaar
09-2011 – now Managing Director ERHConsult
Interim Financial Consultancy and Change Manager
-
Interim Finance and Control expert Pepsico power project
 SAP expertise – share best practices SAP process flow
 Key risk Key control assessment
 Finance & Control process mapping
 Critical interface and reporting requirement
 Internal control assessment and testing
-
Interim Financial and Change Director at Clavis Publishing
 Interim General Management
 Financial control (including BoM reporting)
 Strategic Business planning
 Crisis Management
 HR
-
(Interim) Business Consultant at DSM
 Project management
 Business Process Improvement
 Financial Consulting
 Continuous Control Monitoring Implementation (SAP GRC)
 Talent Management
 Coaching
-
(Interim) Corporate Risk Officer at DSM
 Risk Management within standard business processes
 Business Process Management and Risk Management
 Risk Advisory/consultancy
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C.V. Etienne Herlaar
09-2007 – 09-2011 Financial Director Internal Audit Europe for Office Depot
-
Setting up the Internal Audit department
-
Execute and manage risks assessments (ERM)
-
Support the business by special management assignments
-
Execute and manage approx 20 audit assignments yearly
-
Financial/Operational and IT Audit project execution
-
Manage a team of 3 auditors
-
FCPA compliance and hotline management
-
Quarterly Audit Committee reporting
-
Perform special BoM request (around 50% of the job)
 Sales Price management/Tender Review
 Customer Contract Review/Analysis
 Credit and Collection Processes Improvement
 Vendor Contract (tendering) Review
 Shared service center analysis (outsourcing)
 Pre and Post investments reviews of warehouses, IT projects
 Sales Bonus structures
 Financial analysis and reporting
 Participate in key investment decisions and projects
 New business proposals
 Franchise contracting
 Due Diligences and acquisitions
 Finance decisions support
 SAP Implementation review
 JDE implementation review
 Bank Convenant Monitoring
 Cost Monitoring and Management
 Treasury Management Improvement
-
Financial Monitoring
 Review of balance sheets and profit and loss accounts
 Review of closing procedures
 Financial Policy and procedure compliance reviews
 Local Gaap to US GAAP translation
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C.V. Etienne Herlaar
 Consolidation Review
Employment history

2005 – 2007 (2,5 years) Financial controller of the NXP headquarters
(after 1-10-2006 Philips Semiconductors changed to NXP)
o Financial Controlling of the Financial shared service center
o Design and implementation of the corporate Finance organization
o Implementation of new governance structure
o Outsourcing of Financial Accounting to India
o Financial Reporting (USGAAP/IFRS); monthly closing
o Financial Monitoring NXP group (incl balance sheet reviews)
o Financial Planning and Analysis NXP HQ

Monthly reporting for business review meeting
o Cost (improvement) Management
o Implementation and maintenance of the internal control framework
including risk management, business control assessment, Sox
compliance and other business control related areas
o Carve out process Philips to divesture NXP
o Corporate Consolidation & Accounting Support

2004- 2005 (3 years) Global Director of Finance (global sales controller)
of LG.Philips Display Joint Venture (CRT) – located in HQ Hong Kong
o Financial and business control of worldwide the sales organization
o Financial Planning and Analysis
o Monthly Business reviews three regions
o Manage Sales performance of 5 Billion Euro
o Manage the customer profitability, tendering, contracting
o Financial Planning and Analysis
o Manage and develop pricing models
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C.V. Etienne Herlaar
o Cost Control and Crisis management
o Cash flow improvement/management
o Bank covenant management
o USGAAP based

2000- 2004 (3 years) as Finance Director Internal Audit Philips in North &
East Asia
o Set-up of a new audit department in China (11FTE); manage the audits
for Philips in North & East Asia audit
o Financial control and deployment of Philips financial control
framework to Chinese Joint ventures
o Advice and manage the relationship with Philips Asia regional
management
o Roll out SAP in JV’s
o Outsourcing Financial Accounting to captive Shared Service Center in
Asia region

1998-2000 (3 years) Finance Director Audit Origin International
o Manage the HQ Finance department at Orgin
o Manage the audits (internal, external, operational, financial and IT
service delivery)
o Manage the service line for operational audit
o Financial Monitoring
o Financial Planning and Monitoring
o SAP Implementation Netherlands

1995-1998 3 year as senior consultant at Deloitte & Touche Enterprise Risk
Management
o Risk, Control and IT consultancy
o ERP implementation support/consultancy
o Information Management and Security consultancy
o Client relationship management (portfolio: General Motors, Delphi,
Dutch Ministry of Defense, Ahold, Dutch Brewery, various small and
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C.V. Etienne Herlaar
midsize Dutch firms), IT consultancy, IT audit, IT security management
(CRAMM), Forensics, Due Diligence, IT training, IT steering
committees, Internal Audit resourcing; Risk management
support/facilitation.

1994-1995 (1 year) IT audit as senior IT Audit manager at the EDP audit
department of the ING bank (financial services).
o Performing operational audits, manage audit projects in the IT
environment of the bank
Achievement: integrate EDP/IT audit department for insurance into the bank audit

1989-1994 (5 year) of EDP/financial control as EDP auditor at the EDP audit
department of Nationale Nederlanden
o Performing operational audits and provide consultancy to the IT
management of the Company;
o DNB Compliance
Achievement: setup of a new EDP/IT Audit department for the insurance company

1987-1989 (2 years) financial accountant Mortgages & Lending at Nationale
Nederlanden.
o Performing financial audits in predominately life insurance and
treasury
Major other achievements:
o Established a Sales controlling function in a Dutch/Korean JV
o Establish a customer profitability model
o Financial management of a scale down/exit scenario (bankrupt)
o Reorganized and merged financial shared service organization
o Establish/develop accounting manual/instructions (USGAAP, IFRS)
o Developed/Establish a SOx compliant business control framework,
implemented in more than 30 country organizations
o Development of treasury control framework
o Development and Implementation of IT security policies
o Development of control framework for IT applications
o Establishment of audit department(s)
o Develop Risk Management process
Experience level:
o General) Management:
 Management of departments of 20 direct reports and deputy
manager of the sales function (+200).
o Foreign working/ International Exposure experience:
 expat for 5 years in far east
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C.V. Etienne Herlaar
o Joint Venture experience:
 worked in a JV with a Korean company (LG)
o Business Controlling experience: 4 years (marketing and sales)
o Financial controlling experience: 2 years (headquarter, cost function)
o Auditing :
 Financial/operational : > 10 years
 IT : > 10 years
Industry experience
-
Banking & Insurance
Food-retail
Automotive
Government (Defense)
Semi-government
Construction
Computer Services
IT Service delivery
Manufacturing
Sales
CE/CRT business
Semiconductors
Office Products (wholesale and retail)
General Overview of Experience level
 3 years of Financial Consulting experience
 6 years of Financial - and Business Control Experience
 3 year of financial accounting (USGAAP)
 4 years of Internal Control, Operational Audit
experience
 5 year of IT Audit experience
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