CPA Andrey Platonov

Providing outsourced financial management services to small and medium-sized businesses and companies with revenues of 5-100 million NIS

• Financial management of multiple businesses simultaneously across various sectors
• Credit raising and establishing financing frameworks for businesses
• Preparation of financial statements and cash flow forecasts
• Strategic consulting to business owners on economic planning matters
• Turnaround of businesses in economic and financial distress
• Establishing work processes and financial control tools

Full management of the financial domain in a manufacturing factory

• Ongoing financial management of the factory and cash flow management
• Reportin to board of directors on quarterly basis
• Full responsibility for collections and accounts receivable management (99% success)
• Payroll management for 150 employees
• Developing product pricing methodology and profitability analysis of products
• Implementing incentive compensation plans which led icrease of 30% in production.
• Establishing and managing operational reporting systems
• Preparation of monthly and quarterly financial statements
• Working capital management
• Currency exposure hedging and foreign exchange risk management
• Budget control and achievement of financial targets
• Overseeing relationships with banks and financing entities

Management of the financial department in a nationwide retail chain and e-commerce. Reporting to the company CEO.

• Company turnaround within 12 months
• Reduction of bank and non-bank debt by 50%
• Cash flow management while maintaining healthy relationships with banks
• Management of cash flow, credit facilities, and ongoing contact with banks
• Establishment and management of the accounting department
• Establishment of financial statements and operational reports
• Establishing work processes in the finance department
• Implementing compensation plans in sales and operating department which caused increase in store sales by 25% and saving in operational cost.
• Working with external auditors, attorneys, and insurance consultants
• Implementation of efficiency plan and reduction of operational expenses
• Designing and implementing organizational compensation structure
• Designing and implementing organizational compensation structure
• Standardizing work procedures and financial controls

Management of the financial domain in a SAAS telecommunications company. Reporting to the company CEO and company founders.

• Transition from external accounting to internal function
• Launching operations in Ukraine - Lviv and Kyiv
• Management of financial team in Israel and Ukraine
• Company turnaround within 12 months
• Cash flow management and credit facilities
• Purchasing and inventory management
• Negotiation with suppliers which saved up 20% in company cost.
• Developing and managing annual budget and defining KPIs
• Preparation of financial and accounting reports
• Management of payroll and compensation domain

Management of financial outsourcing services for high-tech companies at various stages

• Working with CEOs and owners of high-tech companies at various stages
• Establishing and modifying work processes at the firm level
• Improving organizational productivity
• Preparation of annual and quarterly financial statements according to IFRS and US GAAP
• Working with Big 4 accounting firms
• Management of team of 12 employees (accountants and bookkeepers)
• Reporting to the Chief Scientist and venture capital funds

Auditor at PwC

• Auditing high-tech companies at various development stages
• Working on financial statements according to international standards
• Establishing expertise in accounting and auditing