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Thierry Jaffard
Associé fondateur, LP2A Expertise & Conseil
Professional Background
Thierry Jaffard is a seasoned expert in the field of consolidation, boasting nearly two decades of extensive experience in various roles across corporate environments, consulting firms, and software publishers. As a founding partner of LP2A Expertise & Conseil, Thierry dedicates his efforts to guiding clients and prospects through the complexities of consolidation, ensuring they attain effective and operational solutions tailored to their specific challenges. He specializes in optimizing the application of consolidation tools, fostering practicality and effectiveness in the reporting process.
Throughout his distinguished career, Thierry has successfully executed numerous major projects, including the total implementation of consolidation processes for both a French Public Real Estate Investment Company (OPCI) with a re-evaluated net asset exceeding €2 billion and a groundbreaking independent global player in private equity. His substantial contributions to the sector underscore his prowess in navigating the intricacies of financial regulations and reporting frameworks, notably Solvency II requirements.
Education and Achievements
Thierry's academic foundation in the realm of finance is established with a Diplôme d’Expertise-Comptable from DEC, providing him with the rigorous training necessary for the sophisticated demands of consolidation and financial reporting. His educational background complements his practical experience, allowing him to approach each challenge with a comprehensive understanding of both theoretical concepts and real-world applications.
Thierry's career journey began at Arthur Andersen & Co. as a Junior Consultant, paving the way for a succession of esteemed positions at industry leaders such as Air Liquide, Cartesis, EY, and Mazars. Each role has equipped him with vital skills and insights, strengthening his capability to innovate and streamline consolidation processes across organizations. At EY, he achieved the position of Senior Manager, overseeing consolidation projects and further refining his leadership abilities. Following a notable tenure at Mazars as Senior Manager, he took on the mantle of Adjoint au responsable de l'activité 'Conseil en Consolidation et Reporting', fostering growth and excellence in service delivery.
Notable Projects and Contributions
Thierry's expertise particularly shines through his accomplishments in the realm of SAP BOFC (formerly known as Cartesis Magnitude). He played a crucial role in defining project scope and ensuring deployment success while serving as a Project Management Office (PMO) lead for a prominent industrial group. His work in automation has been transformative, streamlining significant aspects such as impairment testing for a French listed company with a complex structure of 200 entities, and enhancing the efficiency of IFRS cash flow statements across eight different formats. Additionally, his initiative to create an interface between SAP BOFC systems for a listed company and its shareholder marks another significant achievement in his career.
As a practical leader in the consolidation sector, Thierry has initiated and delivered critical projects, including the outsourcing of IFRS consolidation layers for a major European insurance group. His proactive approach to project governance ensures that all stakeholders receive unmatched support and expert guidance throughout the project lifecycle.
Thierry continuously strives to improve consolidation narratives, drive technical advances, and advocate for better practices in financial reporting that yield clear, reliable, and high-quality outcomes. His passion for the field is matched only by his dedication to delivering exceptional client value, reinforced by his strategic insights and operational methodologies.
Achievements