Ken Kremsky

Spending over twenty years in the manufacturing environment as a plant controller, Ken Kremsky led numerous projects focused on cost reductions and higher efficiency. His projects have realized annualized savings totaling $75 Million. As a finance lead, Ken provided financial analysis for the Kraft Austerity team with the goal to reduce the raw and packaging material losses by 5% and reducing fixed expenses by 15% which was achieved. Ken is the Finance lead for the Supply Chain reinvention team projects who focuses on the financial rationale, project optimization, and Capex spend. As the Finance Lead, he provided financial analysis for the Kraft Austerity team with the goal of reducing raw and packaging material losses by 5%, and reducing fixed expenses by 15% which was achieved. As an expert in business metric and their all types, Ken Kremsky used his business metric skills for the betterment and growth of the company. He started his career as an assistant controller a...

Involved in various roles in the organization for 18 years, Ken Kremsky has witnessed several mergers and acquisitions at Mondelez/Kraft/Nabisco. Possessing an extensive expertise as a manager of cost accounting at Kraft Nabisco Inc, Ken worked to provide financial support and cost analysis for the plant management. He managed all the accounting personnel and maintained all accounting and financial reporting systems. He also participated on several productivity teams that identified and implemented cost savings throughout the Nabisco network. Currently, he is working as a consultant for a private equity firm in Pennsylvania. Here, he implements the new ERP accounting software and facilitates A2R process for the acquisition of the company. Emphasizing cost reduction, Ken Kremsky worked as Cost Accounting Manager since 1999. Later, Ken Kremsky started working as controller at Kraft Food Inc in 2005. From 2012, Ken worked as a Senior Manager of Finance and Strategic Projects ...

It is the responsibility of finance lead to review the financial reports, monitor the accounts, and prepare the activity reports and financial forecasts. He provides the financial reports and interprets financial information to managerial staff while recommending the further courses of action. Besides, he advises on investment activities and provides strategies that the company should take. A financial lead analyzes the costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans. As a finance lead, Kenneth Kremsky worked to provide money related analysis to the Kraft Austerity group with the objective of raw and packaging material misfortunes by 5%, and decreasing fixed costs by 15%, which was accomplished. He has built up an every day the board audit process creating reports for surveying the earlier day's outcomes with respect to differences. He likewise arranged week-by-week reports to audit fixed work and ...

The financial executives, including the Controllers and Chief Financial Officers, are best considered the managers of financial concerns. If you are willing to be an ideal financial executive, you need to have great qualities. Just have a look at few of them – Understand key business processes Being an ideal financial executive, you are not just expected to understand how money flows through the company, but you also need to understand the key businesses processes in order to be highly successful. Holding a vast knowledge of the business processes, a financial executive can conveniently find the root cause of the financial loss, thus making the design processes to be more effective and efficient.  Have great leadership qualities A financial executive needs to be a business leader as financial management involves much more than just the accounting department.   Thus, he needs to be a strong leader not only in the financial matters but also in the business m...