Professional Summary
Professional Overview
Michael Tschiderer is an accomplished Chief Financial Officer with extensive experience in financial management, strategic planning, and business consulting across various industries. As the CFO of Transcat, he oversees the company's financial operations and plays a pivotal role in driving its growth and profitability. Additionally, he serves as an Executive Business Consultant, providing strategic advisory services to organizations seeking to optimize their financial performance and operational efficiency.
Experience Summary
Current Roles
Chief Financial Officer, Transcat (2015-Present)
- Responsible for the overall financial management and strategic direction of the company, including financial reporting, forecasting, and cash flow optimization.
- Played a key role in implementing cost-saving initiatives and improving financial controls, leading to a significant increase in profitability.
- Spearheaded the integration of acquired businesses, ensuring seamless financial integration and synergy realization.
Executive Business Consultant, Self-Employed (2021-Present)
- Provide strategic advisory services to clients, focusing on financial optimization, operational efficiency, and business transformation.
- Leverage extensive industry experience and financial expertise to help organizations achieve their strategic goals and enhance their competitive position.
Career Progression
Global Controller, LanzaTech (2014-2015)
- Responsible for the company's global financial reporting, treasury management, and compliance functions.
- Played a key role in the company's international expansion, ensuring financial integration and operational alignment across multiple locations.
Vice President, Global Controller and Treasurer, GXS (2011-2014)
- Oversaw the company's global financial operations, including budgeting, forecasting, and financial reporting.
- Streamlined financial processes and implemented robust internal controls, contributing to improved financial reporting and decision-making.
Vice President - Finance, Infinia Corporation (2008-2011)
- Responsible for the company's financial management, including cash flow optimization, capital raising, and financial reporting.
- Played a crucial role in the company's successful turnaround, contributing to its financial stability and growth.
Academic Background
- Master of Business Administration (MBA), Rochester Institute of Technology
- Bachelor of Science (BS) in Accounting, State University of New York at Oswego
Areas of Expertise
- Financial management and strategic planning
- Mergers and acquisitions integration
- Cost optimization and process improvement
- Financial forecasting and reporting
- Treasury management and cash flow optimization
- Business transformation and strategic advisory
Professional Impact
- Recognized for driving significant financial improvements and profitability enhancements at Transcat, resulting in increased shareholder value.
- Instrumental in the successful integration of acquired businesses, ensuring seamless financial and operational integration.
- Respected industry leader, frequently invited to speak at financial management conferences and contribute to industry publications.
Conclusion
With over 35 years of experience in finance and business management, Michael Tschiderer is a seasoned financial executive and strategic advisor. His deep understanding of financial operations, combined with his expertise in driving organizational transformation, makes him a valuable asset to the companies he serves. As he continues to excel in his roles as CFO of Transcat and Executive Business Consultant, Tschiderer is poised to make a lasting impact on the organizations he works with, helping them navigate complex financial landscapes and achieve their strategic objectives.