Lead full-scope finance function across two markets.

Key impact:

• Act as strategic partner to CEO and regional leadership, contributing to business strategy, growth initiatives, and performance improvement;
• Lead financial planning, budgeting, and forecasting, ensuring alignment with strategic objectives;
• Drive profitability improvement and cost efficiency programs, including SG&A optimization and working capital enhancement;
• Manage cash flow, liquidity, and FX risks, ensuring financial stability in volatile environments;
• Oversee tax planning and compliance, minimizing risks and ensuring regulatory alignment;Lead investment analysis and capital allocation decisions, supporting business expansion and efficiency initiatives;
• Deliver finance transformation, including ERP (IFS) implementation and process automation;
• Strengthen internal controls and governance in line with international public company standards;
• Redesign finance organization, building a high-performing and business-oriented finance team;
• Manage relationships with KPMG, shared service centers (IBM), and banking partners.

Led the full finance function for the Ukrainian market within a global cosmetics company, supporting business growth, profitability, and strong financial governance.

Key achievements:

• Directed all finance activities including accounting, FP&A, treasury, tax, and compliance
• Partnered with the Managing Director and leadership team to drive strategic and operational decision-making
• Delivered financial planning, budgeting, forecasting, and performance reviews, ensuring alignment with global corporate objectives
• Strengthened internal control frameworks and governance aligned with global corporate standards
• Acted as the main liaison with PwC, tax authorities, banks, and corporate headquarters. Led finance process transformation and automation initiatives improving operational efficiency
• Supported strategic projects and investment decisions through financial modelling and business case analysis.

• Management and development of finance team (10 persons);
• Providing financial partnership support for key business initiatives and processes within Russia and EE cluster;
• Close cooperation with Financial Functions in Avon Products Inc and other Avon subsidiaries; involvement in global, regional, local projects and ensure global tools are implemented and operational for Russia and EE;
• Ensure on time and full implementation of global and regional policies; agree exceptions with global and regional matrix partners; ensure controls are in place and working; design and contribute to company financial policies formulation;
• Drive continuous improvement in the main management processes (O2C; R2R etc);
• Organization of planning and reporting processes; provide budget control and ensure regular cost review, variances versus Budget/Forecasting analysis. Propose corrective actions, initiate and lead projects in order to close gaps between targeted and actual spend and free up funding to invest in growth.

• Leading and development of local finance team (8 persons);
• Providing financial support for business in key operating and strategic initiatives and processes;
• Organization of accounting, reporting, budgeting, planning and analyzing processes (P&L, BS, CF) according to local and corporate requirements;
• Enhancing Internal control environment (implementation of corporate policies in-line with global requirements; SOX assessment; establishing the documents flow and bidding processes)
• Providing Treasury functions (ensuring effective management of Working capital as well maximizing interest income and FX risk management; establishing liquidity planning process to optimize cash flows; negotiations with banks etc)
• Realizing changes in the Finance organization through: identifying and realizing opportunities from resources, costs, controls aspects; using best practice from the cluster, regions and industry; identifying opportunities for finance processes optimizations and automation; implementation of smart tax planning etc.

• Reliable back up for FP&A Manager with practical experience;
• Providing financial support for business in key operating and strategic initiatives /processes;
• Preparation presentations with financial outcomes for Management team ( for Business reviews , monthly and quarterly Management Meetings etc);
• Participation in Business reviews, Management meetings from finance side;
• Organization of reporting, budgeting, planning and analyzing processes (P&L, BS, CF);
• Close cooperation with all departments in company as well as with EE and CEE regional teams;

• Participation in monthly, quarterly etc closing and reporting process in accordance with US GAAP/IFR standards;
• Budget and Forecasts preparation in accordance with corporate requirements;
• Participation in Source of Sales and Weekly sales update preparation process;
• CAPEX analysis and planning;
• Providing detailed cost analysis with explanation of main variances vs. prior year/Budget/Forecast etc ;
• Supporting company's initiatives and projects by providing business cases and post evaluation analysis (ROI, NPV calculation etc);
• Participation in key corporate projects, preparation of financial models.

• Working up management accounting;

• Preparation of financial statements (P&L, balance sheet, cash flow) for group;
• Cash flow analysis and controlling;
• Working capital analysis and controlling;
• Capital expenditures analysis and controlling;
• Strategic and operational forecasting, budgeting;
• Dealing with financial institutions.

• Management accounting;
• Drawing up financial reports;
• Operations with financial institutions (banks): getting loans, guarantees;
• Inspection of contract: tax and others financial consequences;
• Tax planning.

• Collection and processing reports of subsidiary companies;
• Drawing up consolidated financial statements;
• Management accounting;
• Drafting financial reports (P&L report, balance-sheet, СF statement);
• Planning and Budgeting.