Laura Trausch

About Laura Trausch

Results-driven professional with a progressive management career in finance, accounting & financial systems across multiple industries and software. Highly motivated with strong aptitude for learning systems and leading implementations of PeopleSoft and Oracle Financials. Detail oriented, analytical thinker whom excels at identifying process inadequacies and recommending corresponding solutions. Highly effective communicator and leader with proven experience in motivating and managing teams, recruiting and training talented employees, and establishing and enforcing policies and procedures.SUMMARY OF ACCOMPLISHMENTS• Led 4 year multi-generation Oracle implementation of 11i platform across 5 countries and 12 locations, implementing 22 modules across projects, services and manufacturing segments for a $320M GE P&L. • Served as Finance Project Manager for Carve-Out and Implementation of PeopleSoft GL, Fixed Assets, AR, AP, PO, Time Entry, Projects and Billing. Initial implementation completed in 4 months, resulting in cost avoidance of $2M for financial support.• Completed all working capital due diligence activities within 12 months of purchase agreement and saving pharmaceutical services start-up company $1M in charges.• Converted Pre-clinical business from losing $5 M annually to achieving a 10% profit within 5 years by creating fully burdened departmental P&L statements and recommending changes in business practices.• Built project finance department with $150 M in annual revenues for a newly acquired research & development division and transitioning all projects and financials from SAP to PeopleSoft systems.Specialties: Systems Implementations (Peoplesoft, Oracle), Project Accounting, Cost Accounting, Cash Management, Operational Finances & Measurements, Process Re-engineering, Budgeting/Forecasting

Experience

1. ERP Product Leader, Grid Solutions & Solar & Storage Solutions

   GE Vernova

   Dec 2023 — Present

   Responsible to consolidate ERP product management and support activities defining common objectives with an enhanced collaboration and streamlined delivery model.

Education

• University of Missouri-Kansas City

  MBA, Finance

  1993 — 1994

• University of Missouri-Kansas City

  Bachelor's of Science, Accounting

  1989 — 1992

Skills

• Business Process Improvement
• Enterprise Resource Planning (Erp)
• Forecasting
• Financial Reporting
• Accounts Payable
• Financials
• Acquisition Integration
• Process Improvement
• Accounts Receivable
• Hyperion
• Project Accounting
• Business Analysis
• Internal Audit
• Sarbanes-Oxley Act
• Management
• Hyperion Enterprise
• General Ledger
• Cost Accounting
• Finance
• Erp
• Financial Analysis
• Financial Modeling
• Peoplesoft
• Cross-Functional Team Leadership
• Oracle
• Cash Management
• Auditing
• Project Management
• Six Sigma
• Oracle Applications
• Change Management
• Oracle E-Business Suite
• Leadership
• Accounting
• Business Process
• Business Process Re-Engineering