Ken Kremsky holds an inspiring professional experience
Being the former Assistant
Financial Controller at Nabisco Biscuit Company, Ken Kremsky was responsible for providing the financial statements
and monthly results. He prepared the bills of materials for all the products
including allocating fixed and indirect costs. He developed detailed labor
standards which resulted in crewing reductions and significant cost savings. He
participated on both the Oreo and Premium network teams that led to savings of
~$3MM annually, mainly through the One Cookie Out initiative and the Premium
oil reduction project.
Formerly working as the Senior
Manager of Finance and Strategic Projects at Mondelez International, Ken has
been the Finance Lead for the Supply Chain Reinvention team projects. He
focused on the financial rationale, project optimization, and Capex spend. He
has developed multiple IRR analytic tools which became the model for all
in-house projects. He is the head of the worldwide SAP systems global
harmonization team.
As the financial lead, Ken 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 by surveying the earlier day’s outcomes with
respect to differences.
Pertaining to his professional
experience, Ken Kremsky worked as an
Associate Controller at Interstate Brands Corporation in 1996. Thereafter, in
1999, he worked as the director of cost bookkeeping at Kraft Nabisco Inc where
he worked until 2005. Then he started functioning as the controller at Kraft
Food Inc. Here, he managed all accounting activities for the facility,
including preparation of the annual operating budget, ensuring Sarbanes Oxley
Compliance and handling both internal and external audits. He also led
productivity generation and process improvements to achieve plant productivity
targets for five consecutive years.
Holding Bachelor and Master’s
degrees in Finance and Accounting, Ken
Kremsky holds captivating educational accreditations. Besides, he has
training in Lean Six Sigma Blackbelt that makes him a pro. Adding more to it,
he holds an experience of more than twenty years and is involved with the
leading companies such as Mondelez and Nabisco.
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