Echo Hill Consulting
EchoHill Consulting helps businesses leverage the knowledge and know-how of its people with existing data in its software tools and systems to provide sustainable solutions for reporting and deep-data insights. We look to think outside-the-box and tweak processes to eliminate duplicative and non-value-added procedures to create more time and space for deeper data analysis.
Keith Fensterer, the founder of EchoHill Consulting, has a broad-based background in financial management and accounting. He was a champion and leader of change during his 17 years at The Estee Lauder Companies Inc. From his first role overseeing the corporate planning and special projects groups, contributing to the transformation in the company's Strategic Modernization Initiative and the implementation of SAP and other tools. Previously, as an audit manager at PriceWaterhouseCoopers (Coopers&Lybrand), he serviced clients in the consumer products, telecommunications, and retail industries. Throughout his career he has lead initiatives focusing on everyday change, leveraging the use of existing tools and data to enhance the reporting and scorecarding of businesses and processes ... creating insights for profit and process
Work with key stakeholders across the business, providing:
Project Management Support
Education and Training
Enhancements to Profitability Analysis
Partnering with business unit leaders and tax teams to understand and allocate functional costs (e.g., IT, Legal, HR, Communications and Finance) using key performance drivers to provide reasonable allocations of costs to legal entities, operations (manufacturing/distribution), business units and channels.
Building Financial Acumen and Education
Adapt, develop, deploy and deliver financial education for both finance and non-finance personnel. Course work/material includes understanding company financials and its income statement, developing a budget and estimate, capital planning and understanding cost center spending.
Tips and Tricks for Microsoft Excel and Outlook. Understanding KPI's, data and systems training.
Employee Compensation & Benefits
Partnering with Human Resources and Compensation teams to design and implement performance bonus plans and equity awards, setting goals and stretch targets. Monitoring and estimating the cost of fringe benefits. Providing finance teams metrics/formulas to simplify the allocation of fringe benefits costs to business units.
Alongside business unit leaders, evaluate key areas of spending for priority of cost savings. Establish best practices, programs, and key metrics for targeted savings and monitoring. Focus on advertising, collateral, professional services, travel and maintenance.
Travel & Employee Reimbursement
Working with Travel teams and policy owners - create reporting to share with business unit leaders to raise level of awareness of top-spenders and habitual spending outside or above guidelines. Experienced with SAP/Concur for expense reimbursement and Oversight audit tool.