BAHAR Hervé

McAfee Inc : subsidiary of McAfee Inc, Santa-Clara, worldwide leader in Network Security products – Revenue 2004 : 910 $M

SEMEA Financial controller McAfee (France, Iberia, Italy, Middle East, South Africa, Eastern Europe, Benelux) & Worldwide Financial Controller for the Telco’s department. Based in Israël (Kfar Saba

Competencies and assignments

- Financial Planning
- Responsible for monthly and quarterly reporting for the region.
- Monthly financial analysis for the European/Regional Vice President of Sales.
- Financial Forecasting (for a 1 to 2-year period): budgeting, P&L forecast and deviation follow up.
- Sales Forecasting (monthly, quarterly), TOP deals analysis…
- Expenses control for the region, analysis of Operating Income.
- Headcount tracking and forecast
- Financial support to Sales Management
- Calculation and analysis of the contributive margin per region/country/department.
- Pipeline and backlog analysis and consolidation.
- Sales reporting and analysis.
- Training of sales representatives on a financial scope.
- Commission plans implementation in the region.
- Product mix analysis.
- Financial assistance to the regional Vice-President of Sales and to local managers in the strategical decision processes and in implementation of the sales business models : channel’s model, market’s analysis, business plans per country …

 Director of Finance

- Regional point of contact for European financial management and external consultants (attorneys, auditors, accountants)
- Power of attorney for a few European countries (France, Italy)
- Accounting, audit and taxes supervision
- Group tax issues: VAT, transfert pricing, Revenue recognition Implementation of SAP in France in 1999
- Responsible for the monthly financial reporting US GAAP in SAP
- Annual fiscal closing in French GAAP (reconciliation US GAAP)
- Regional Human Resources Manager (for Southern Europe until end of 2000).
- Legal (review and localization of customers’ contracts, follow up, assistance to sales teams, revenue recognition control)

Sector: Software publishers

- Accounting, legal and tax assistance for foreign subsidiaries located in France
- Co-ordination and organization of monthly and quarterly reporting to foreign headquarters
- Directly responsible for external reporting – elaboration of interim and annual financial statements
- Legal audit for French companies (local and subsidiaries of foreign companies)

Sector: Certified Public Accounting