Ken Kremsky is a Strategic Finance executive with more than 22 years of experience in corporate and field manufacturing. He is focused on helping organizations to reduce their costs and improve productivity. He has been progressively engaged in various roles from 18 years throughout many mergers and acquisition at Mondelez, Kraft, and Nabisco. Kenneth helps manufacturing companies produce their products at the lowest possible cost, by reviewing the existing platform and developing strategies that will enable them to realize its core product growth potential and ultimately increase margins.

Ken has formerly worked as the Controller and Strategic Analysis Manager at Kraft Foods Group, from the year 2005 till 2012. 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 developed a daily management review process generating reports for reviewing the prior day’s results regarding variances. Weekly reports were prepared to review fixed labor and maintenance spending. He was also responsible for managing all aspects of the Finance department including Accounts Payable, Payroll, Inventory, and Production. Kenneth led productivity generation and process improvements to achieve plant productivity targets for five consecutive years.

Ken 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. Kenneth holds an extensive training in Lean Six Sigma costing and financial analysis, and generated loss allowance savings of ~$700K over two years

About Ken Kremsky

Currently, Ken Kremsky 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. Regarding his education credentials, Kenneth Kremsky pursued in Bachelor of Science in Accounting from Pennsylvania State University. Thereafter, he completed his Master of Business Administration in Finance from LaSalle University.

http://www.kennethkremsky.org/Educational_Background.html