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Matt Ristow
President & Managing Director Business Administration at CLAAS Omaha Inc.
Professional Background
Matt Ristow is a highly analytical and goal-oriented senior executive boasting over 25 years of progressive leadership experience in finance and operations management. His career spans multiple global startups and turnaround organizations where he has effectively utilized his extensive knowledge of domestic and foreign Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). As a seasoned strategist, facilitator, and critical thinker, Matt possesses an innate ability to restructure and set up new commercial administration departments, including Accounting, Finance, Controlling, IT, and Human Resources.
One of Matt's key strengths is his articulate communication style, which, combined with his exceptional interpersonal skills, allows him to lead and mobilize cross-functional teams efficiently, even in culturally diverse environments. His fluency in both English and German further enhances his capabilities, enabling him to communicate effectively across different cultural contexts.
Education and Achievements
Matt earned his Master of Science in International Business and a Bachelor of Science in Business General Administration from California State University-Fresno. His strong educational foundation has equipped him with the skills and knowledge necessary to excel in various financial and operational roles throughout his career.
Matt's career showcases a series of remarkable achievements that underline his effectiveness as a leader and a financial strategist. Some of his highlights include:
- Restructured U.S. Accounting Department: Under extreme time constraints, Matt led the restructuring of the U.S. Accounting department, significantly improving overall efficiency. His exceptional organizational skills enabled him to manage two audits within just six months due to a change in the fiscal year.
- Financial Infrastructure Development in the Middle East: As Regional CFO, Matt was instrumental in building the financial infrastructure for the newly established Middle East region. His efforts included the successful implementation of SAP in the Turkish subsidiary, showcasing his adaptability to different cultural environments and operational contexts.
Notable Career Positions
In addition to his achievements, Matt Ristow has held several prestigious positions throughout his career, reflecting his expertise and leadership in financial management:
- President & Speaker of the Management Board at CLAAS Omaha Inc.
- VP Finance & Operations at CLAAS Omaha Inc.
- Chief Financial Officer at MAN Kamyon ve Otobus Tic. AS, Ankara, Turkey, with The MAN Group
- Regional Chief Financial Officer at MAN Middle East FZCO, Dubai, UAE, with The MAN Group
- Treasurer / Controller at MAN Engines & Components, Inc., Pompano Beach, FL, with The MAN Group
- Chief Controller at P. Dussmann GmbH & Co. KG, Berlin, Germany
- Business Manager at Pen-Comp Administrative Services
- Administrative Manager at Pedus Services USA
Skills and Areas of Expertise
Matt’s skill set encompasses a wide variety of disciplines crucial for financial success and operational efficiency. His specialties include:
- Leadership & Team Building: Creating and fostering high-performance teams
- Accounting & Finance Management: In-depth experience in financial planning and analysis
- Cash Flow Optimization: Ensuring financial stability through effective cash flow management
- Budgeting & Forecasting: Strategic planning to align financial objectives with business goals
- Contract Negotiations: Expertise in securing favorable terms and conditions in agreements
- Manufacturing & Distribution: Streamlining processes to enhance productivity and efficiency
- Risk Management: Identifying and mitigating potential financial risks
- Warranty Process Optimization: Improving warranty processes to reduce costs and enhance customer satisfaction
- Regulatory Compliance & Cost Reductions: Ensuring adherence to regulations while minimizing costs
- HR Administration: Managing human resources functions to support organizational objectives.
Contribution and Legacy
Throughout his career, Matt Ristow has left a significant mark on the organizations he has been part of. His initiatives have not only driven financial performance but also empowered teams and transformed departments to be more effective and adaptable. His leadership style emphasizes collaboration, innovation, and commitment to excellence, which has inspired many professionals in the field.
In summary, Matt Ristow's extensive experience in finance and operations, combined with his strategic mindset and strong communication skills, positions him as a formidable leader in the corporate landscape. His ability to thrive in dynamic environments and build robust financial infrastructures has set benchmarks for success in organizations. As he continues to mentor emerging leaders and drive growth in his current positions, Matt remains committed to fostering an inclusive and high-performance culture that champions growth and sustainable success.