Kenneth Kremsky Holds More Than 2 Decades of Experience in the Manufacturing Industry
Kenneth Kremsky has spent over 20
years in the manufacturing environment as a plant Controller and led numerous
projects focused on cost reductions and higher efficiency. His projects have
realized annualized savings totaling $75 Million.
Kenneth Kremsky has formerly
worked at Kraft Foods Group, from the year 2005 till 2012, as the Controller
and Strategic Analysis Manager. There he was responsible for managing all the
accounting activities for the facility, including
•
Preparation Of The Annual Operating Budget
•
Ensuring Sarbanes Oxley Compliance
•
And Handling both Internal And External Audits
He was the Finance lead for the
SAP Catalyst Implementation team. He was
also responsible for managing all aspects of the Finance department including
•
Accounts Payable
•
Payroll
•
Inventory
•
Production
Kenneth led productivity
generation and process improvements to achieve plant productivity targets for
five consecutive years.
Kenneth Kremsky 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. He has developed a daily management review
process generating reports for reviewing the prior day’s results regarding variances.
He also prepared weekly reports to review fixed labor and maintenance spending.
This process was adopted by several other Kraft plants.
Taking in account of his
credentials, Kenneth Kremsky has a Bachelor’s Degree in Accounting with 3.8 GPA
out of 4, from the Penn State University. He also holds a Master’s Degree in
Business Administration with a 3.9 GPA out of 4, from La Salle University.
Kenneth also holds an extensive training in Lean Six Sigma costing and
financial analysis, and generated loss allowance savings of ~$700K over two
years.
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