Finance director / Financial Controller

 Set ups from the scratch and automation of contemporary accounting for Separated General Legers (Tax, Accounting and Managerial) in 1C program, that allowed to decrease cut-off time from four to one day
 Automation, Manage the month end process for Russia (BS, P&L, CF, Forecasts) and oversee the outputs from the shared systems / LLCs in line with Group deadlines and requirements
 Manage, review & analysis of accounting records into 1C system on an accurate and timely manner, to ensure financial transactions and reports for business appropriately documented and supported
 Carry out in-time reconciliations between statutory accounting, Tax and Managerial accounting to ensure correct balances in General Legers.
 Ensure the consolidation of financial accounts conforms to internal and statutory requirements
 Coordinate activities for all accounting / tax areas to ensure that all necessary information is included in 1C system in a proper way
 Ensure that all taxes and financial statements are calculated correctly and reported to the tax authorities and non-budgetary funds in a timely manner
 Ensure the Group, local standards and accounting rules are observed.
 Review of contracts from the tax perspective to ensure their compliance with the tax legislation
 Control that established procedures are adequate to the current statutory and tax laws and Group requirements
 Manage any local tax matters and work with internal and external advisors to provide an effective solutions
 Constantly review of the changes in business environment, statutory regulations and initiate updates/changes to the internal procedures/systems where necessary.
 Management of accounting team of two LLCs (in charge up to 10 employees)
 Communication with Tax authorities, reconciliation with the budget
 Participation in tax audits, interaction with auditors internal and external within the area of responsibility
 Preparing Regional entities' budget and manage the forecast process. Providing justification in accordance with the Group requirements
 Performing other duties in the area of responsibility

 Playing a key role in the formulation of the local Company financial policies and procedures
 Preparing Regional entities' budget and managing the forecast process. Providing justification in accordance with the Group requirements
 Transformation RAS-IAS, Monthly, Quarterly, Yearly closing and overall control of Regional reporting (BS, P&L, Cash Flow) in terms of quality and timing, ensuring adherence with Group reporting requirements (US GAAP), Financial Statement preparation & Analysis (and Proforma)
 Performing Company’s financial activity: Treasury/Cash Management. Cost control (CAPEX, OPEX, COGS) and reduction
 Overall control of the development and administration of Tax policies, ensuring compliance with Local and international tax laws and regulation
 Ensuring that the activities of the company comply with the law via management of Legal function
 Management of all Accounting and Administration functions, HR management (up to 250 employees),
 Managing the personnel of the department (in charge up to 10 employees)
 Performing other duties in the area of responsibility

01.2010-03.2013 Deputy CFO (Financial & IT projects, incl. One SAP developing and implementation projects)

Solving tasks:
 Development and implementation of IFRS accounting methodology, reconciliation to RAS GAAP, aligning to HFM CoA and group reporting, control & analysis (Head office, stores, and departments)
 Budget and forecast process: planning and implementation of the budgeting and forecasting process, consolidation model developing and control
 Analysis of performance (store, margins, working capital). Control and specific analysis on store activity (sales, costs, stock analysis)
 Cash management: implementing of cash forecasting model. RAS GAAP and IFRS cash flow reconciliation
 Development of KPI’s system (Balanced score card)
 Investment analysis (economic and risk assessment of project investments)
 Administration, planning, budgeting and management of financial projects (included One SAP implementation. Project management associated with Improving Business Processes, systems and Controls: Team management, set up the objectives, priorities, Systems approvals workflow, control and quality of provided works. In charge up to 10 employees.
 Active collaboration in the world-wide financial projects, leaded by Headquarters (London). Transmission their results to the Management in Russia
 Execution of project investigations, included IT systems and their configurations are in used by the Company in Russia
 Participation into committees, meetings, sessions, conferences with an objective to discuss the questions related the projects, consolidation of gathered information,
 Staff trainings and development

Major Achievements:
o Developed and implemented methodology of synchronization IFRS accounting to RAS GAAP based on corporate requirements (HFM CoA) and group reporting.
o Developed and implemented Period end cut off reporting methodology ( included 24 reports in SAP P&L, Balance Sheet, Budgets, Forecasts) to provide period-end cut off faster
o Developed and implemented Single Chart of accounts and Common business language are used in all the Companies within the Group.
o Developed and Implemented P&L guidance. BS reconciliation improvement.
o Provided P&L restatements for the two prior years based on new methodologies for the submissions of budget, P4F, P8F analyses Prior Year/ CurrentYear.
o Credible P&L / BS tools and reconciliation process are established to ensure compliance and statutory reporting. Ensure Chart of Account is properly maintained in SAP.

12.2007-12.2009 Head of Internal Audit ( Direct reporting to Kingfisher Europe Audit and Risk Director based in France and Group Audit Director based in London).

Solving tasks:
 Administration, planning, budgeting and management of Internal Audit Department. Set up the objectives, priorities, control and quality of provided works. In charge of 2 employees
 Development of annual internal audit plans for Russia based on Risk assessment execution.
 Developments of audit reporting based on best practices are used in Group of the Companies.
 Execution of Corporate, Financial and Operational audits. Preparation of Audit reports with appropriate risks identification and audit recommendations included. Discussion the issues and actions to be provided with Company management
 Obtain and review written policies and procedures, especially the policy pertaining to management’s responsibility to control the company. Design Business specific internal controls.
 Hire staff and develop a plan for staff training.
 Preparation of quarterly reports (related Russia) for Group Audit Committee

Major Achievements:
o Established the core Internal Audit function from scratch
o Developed list of Auditable entities for Russia. Mapped major processes & operations within the Company.
o Developed Operational (Store) Audits methodology and Methodology for following up on audit recommendations.
o Performed risk assessment, which included both external & internal risk factors (e.g. financial, operational, IT, reputational, Health & Safety etc.). Identified the areas of potential internal control exposure and areas for improving operational efficiency.
o Implemented Follow-up process of agreed actions.

 Corporate and Operation risk-oriented audits of business-processes execution and financial audits of construction process and acceptance
 Participation in financial due-diligence project
 Planed and requested audit execution of business units of the Company. Audit reports preparation with appropriate risks identification and audit recommendations included. Follow-up of implementation of the agreed actions.
 Payables/receivables aging audit control and analysis
 Consultancy on development and implementation of internal standards of the Company: accounting policies, methodologies, Internal standards.
 Business-processes (flow-charts) and implemented controls description. Weaknesses identification. Testing the controls.
 Assistance on Fixed Assets stock-taking execution (included outside of Russia)
 Practical experience in SAP R/3 (FI CO modules: description of the business needs, participation project documents preparation, set up the tasks for the programmers, training for the users, methodological support).
 In charge of 5 employees

Major Achievements:
o Finalized 9 construction projects
o Planed Due-diligence deal were rejected based on Audit results