Professional Experience
Zurich Reliable Insurance, JSC
Deputy CFO – Head of Finance and Planning Department, Moscow, Russia
10/2014 – 06/2015
• The second signature right for payments through the banks; cost control; sanctioning party for non-insurance agreements.
• Management view reporting, including preparation of a new regular internal MV reporting for data analysis (set of monthly reports, e.g. GWP snapshot etc.)
• Budget control (procedure development and description)
• Controlling procedures: coordination of data consistency
• Judgmental review (material and sample check) of local systems and accounting data in the systems
• NCS (network service costs) and reinsurance commission approval. Analysis of receiving business and NCS.
• Explanation of main deviations in MV reporting
• Preparation of a current year budget (P&L); monthly forecast modeling (LV and MV P&L)
• Preparation of plan for the next year: process modeling together with other functions (LV and MV P&L and BS)
• Preparation of new processes: cost allocation per LOBs and cost confirmation
• Cash-Flow plan-fact analysis: Plan of short-term payment requests and Long-term forecast
• Cost optimization: cost analysis for costs optimization and cost reduction (limits)
• Work with actuaries. Preparation to VC meeting from Finance function
• Taking part in working group for new CoA and new accounting system implementation
• Coordination of a working group concerning improvement of the data reconciliation between systems
• Adjustment of direct costs mapping per analytics in GFER (cost system) to be in line with OPEX. Data reconciliation between GFER and OPEX.
• Taking part in systems update, such as SAP etc.
• Coordination of non-novated portfolio
Zurich Insurance Company Ltd.
Deputy CEO – Head of Finance and Planning Department, Global Corporate, Moscow, Russia
06/2009 – 09/2014
• Membership in the Management Committee
• Control and first signature rights for payments through the banks; monitoring of financial operations on claims; monitoring compliance with financial and administrative decisions (accountancy, HR, facilities. IT).
• Signature rights for agreements including non-insurance contracts.
• Month end close / preparation of Group reporting packages: Gross Written Premium (revenue snapshot), detailed P/L and B/S, notes for P/L and by insurance segment, Cost Expense Report, IT Expense Report, Claims Key Performance Indicators, Group Reinsurance Report;
• Preparation of various quarterly analysis for two Group companies;
• Responsible for managing domestic (RARS), international (IFRS) and internal (Group) compliance;
• Posting of additional insurance entries (Premium deficiency reserve etc.);
• Performing intercompany reconciliations with other Group companies;
• Update of local chart of accounts, introducing new accounts and existing accounts by maturity, line of business, cost elements, accounting year, etc to be able to make full disclosure in accordance with IFRS and RARS;
• Preparation, reassessment, updating and submission of planning data (PL, BS, detailed splits) to the Group using Planning Tool;
• Expenditure tracking, operating budgets and long range financial plans. Cost control.
• Preparation/update in SAP of customized reports to be used for Group Reporting Packages;
• Regular reconciliations between Local Insurance System and SAP.
• Participation in the introduction of SAP in to newly acquired subsidiaries, preparation of SAP manuals for particular SAP functions and conducting of training for new finance staff;
• Acting as a Local Representative (Russia) for Group Portfolio Tool which contains information about all premiums;
• Preparation of ad hoc reports for rating agencies, clients, partners and intermediaries;
• Active collaboration with financial controllers and planning managers of the Group;
• Participation in the introduction of Group Accounting Standards to newly acquired subsidiaries, including development of reporting template assessment and improvement of their internal control system.
Wimm-Bill-Dann, OJSC
Chief specialist of the International Reporting Department Moscow, Russia
09/2008 – 04/2009
Responsible for the transformation of financial statements on structural divisions to the the US GAAP standards of financial reporting. Gathering of necessary data, preparation of analytical materials on transformation of the Russian reporting according to requirements of the US GAAP standards. The analysis of distinctions between final financial results under Russian and International Standards of the US GAAP. Interaction with external auditors. Preparing notes to financial statements. Participation in the implementation project plans for new accounts switching to Oracle.
Siberian Coal Energy Company, OJSC
Head Specialist at the IFRS Department, Moscow, Russia
08/2005 – 09/2008
Reporting on structural divisions and consolidation as stipulated by the International Standards of financial reporting. The analysis of distinctions between final financial results under Russian and international standards of financial reporting. Gathering of necessary data, preparation of analytical materials on transformation of Russian reporting according to requirements of international standards. Consideration and analysis of questions of book keeping transformation methodology. Interaction with external auditors. Projects: “Adaptation of SAP SEM BCS”, “Adaptation of 1C-RKK”, “Fast Close”.
VimpelCom Ltd.
Deputy chief accountant – economist , Norilsk, Russia
07/2003 – 03/2005
Maintenance of duly and correct recording on RAP and GAAP operations. Drawing up GAAP of reports. Explanation of the 07 and 08 accounts balances. Preparation of acts of verification of the received user’s equipment, reports on inventory of the equipment. Formation of tax registers (calculation under the paid accounts, realization of shipment, amortization of property, advertising, profit, charges). The account of calculations with suppliers, dealers, with accountable persons, travelling and living expenses, processing of bank documents. The organization of document circulation of contracts. Performance in target dates of preparation of the accounting and tax reports. Verification of accounts payable and accounts receivable with tax inspection and contractors. Providing explanations of accounts receivable. Regular control and correct calculation and payments in the budget and inappropriate funds of taxes, gathering and other payments. Preparation of reports on execution of the budget and explanation of expenses on management. Interaction with company auditors and granting of necessary information for them. Execution of duties of the deputy director on financial questions – the chief accountant.
Vostoksantechmontazh Ltd.
Deputy chief accountant, Norilsk, Russia
08/2000 – 07/2003
Consolidation of the general ledger, journals: 1,3,6,8,9,10,11,13,15 with supporting documents. Work with debtors and creditors. Drawing up of the accounting, tax, statistical reporting. Working with suppliers and contractors. Installation at the enterprise of the program 1-С. Execution of duties of the chief accountant.
Education
2015 – present
PricewaterhouseCoopers CJSC Moscow, Russia
• АССА (The Association of Chartered Certified Accountants) membership (in progress)
2014 FKD Consult ltd. Москва, Россия
• Certificate ЦИ №157736
• Target instructing: “Relevant and practical issues of the State oversight, control and regulation of insurance companies. Pursuance of the requirements of the Federal Law No.115-FL dated 07.08.2001 “On Anti-Money Laundering and Terrorism Financing”.
2011 – 2012 PricewaterhouseCoopers CJSC Moscow, Russia
• Certificate
• Courses: “Theoretical basis and practice of using IFRS standards by insurance companies”, “Practical course: preparing of financial statements for insurance organization in accordance with IFRS standards”.
2008 – 2011 Moscow Financial-Industrial University “Synergy” Moscow, Russia
• Qualification lawyer;
• Specialty: Jurisprudence, Financial and Law;
• 100% self-financed through full-time work. Second high education degree;
• Diploma with honours.
2009 ATC international Moscow, Russia
• ACCA Diploma in International Financial Reporting (DipIFR)
2005 Deloitte Touche Tohmatsu Limited Moscow, Russia
• Certificate
• Course: “The review of the International Financial Reporting Standards”
1994 – 2000 Vinnytsia National Technical University Vinnitsa, Ukraine
• Full degree in Management in industrial area;
• Qualification economist, production manager;
• Specialization: Management in industrial area with intensive studying of foreign language at the level of technical translator.
Computer Skills
MS Office (Word, Excel, Power Point), Internet, Lotus Notes, “Consultant +” – experienced used. Knowledge of accounting program 1C (v. 7 and v.8), SAP SEM BCS, SAP ERP, SAP BW. Working specialized professional software.
Languages
Russian (native), Ukrainian (fluent), English (upper-intermediate), German (beginner)
Key Skills
I’m sociable, vigorous and quick learner; I have excellent analytical skills; responsible for own result; capable to work to tight deadlines; have managerial skills; result-oriented.
