Suggestions
Michael Derra
Finance Manager at Procter & Gamble
Michael Derra is an accomplished Finance Manager with a wealth of experience in the consumer goods sector. Known for his expertise in financial analysis and controlling, business planning, and competitive intelligence, Michael has built a successful career marked by significant contributions to major global brands, particularly at Procter & Gamble. Throughout his tenure, he has consistently demonstrated a strong capability for strategic planning, navigating complex financial landscapes, and providing robust financial insights that support critical business decisions.
Michael's education has laid a solid foundation for his professional journey. He holds a Diploma in International Economics from the prestigious Friedrich-Alexander-Universität Erlangen-Nürnberg where he excelled academically, ranking among the top 10% of his class. His academic pursuit of finance and international management was further enriched by an exceptional experience at Babson College's Franklin W. Olin Graduate School of Business, where he completed MBA courses with a focus on finance and marketing, achieving an impressive Grade A. Michael's early training in banking, particularly in retail banking at the Chamber of Commerce Coburg, provides him with a well-rounded perspective on financial services and consumer needs.
Professionally, Michael Derra's career is largely defined by his impactful role at Procter & Gamble, where he has served in a series of financial management positions. His current role as Finance Manager in Financial Planning and Category Finance for Global BRAUN harnesses his extensive knowledge and strategic acumen to optimize financial performance within the personal care segment. Previously, Michael played several significant roles including Finance Manager for Strategic Planning and Competitive Intelligence, where he focused on maximizing the profitability and market positioning of the Global Home Care segment, which includes products such as Fairy, Dawn, and Cascade. His proficiency was also instrumental in supporting Duracell's commercial finance strategies, further showcasing his versatility and prowess in managing large-scale financial operations.
In addition to his primary roles at Procter & Gamble, Michael has gained a broader perspective on business operations through his internships. With valuable experiences at Bain & Company, The Boston Consulting Group, and Siemens Management Consulting, he has developed a keen insight into management consulting practices that have enriched his strategic thinking in finance. Additionally, his internship at Novartis in marketing equipped him with a unique blend of skills, enhancing his understanding of how financial strategies align with marketing initiatives.