Success stories

More than 40 SCHNEIDER GROUP employees complement the THYSSEN SCHACHTBAU team. Since 2007, SCHNEIDER GROUP has provided high-quality bookkeeping, tax accounting and legal support, 24/7/365. SCHNEIDER GROUP is also responsible for payroll calculation for 1000+ employees, preparation of reports, implementation of automation projects and interaction with government agencies on behalf of the customer.

We devised a comprehensive solution that integrated administration, delivery and customs clearance. We created an ideal logistics structure in order to cut transportation expenses, optimise customs payments and deliver goods on time and at fixed prices.

Since the accounting principles used by the organisation’s divisions in Russia, Ukraine and Belarus differed significantly, the head office auditor needed help analysing reporting documents from those divisions. Each local office received a one-day on-site support session from SCHNEIDER GROUP, enabling foreign auditors to constructively work through risks and establish effective communication with their colleagues in charge of local accounting and reporting.

SCHNEIDER GROUP reviewed the company's management accounts, budgets, business processes and overall financial structure. Our team came up with a number of suggestions to improve the company's processes, define a management accounting system, develop accounting policies, use optimal forms of management accounts and automate workflows.

We arranged outsourced accounting services for the customer and prepared tax forecasts, a monthly profit and loss management statement covering all of the company's projects, a cash flow budget for a specific project, and more.

We examined the customer's branches in West Siberia and Central Russia for completeness of reporting, compliance with tax legislation and internal control procedures as part of our tax and financial due diligence. Moreover, we completed a mandatory audit of employee workplace safety and proposed new employment contracts that covered hazardous working environments and provided appropriate additional allowances and benefits to employees.