Andrei Stetsenko Email & Phone Number

Melbourne, Victoria, Australia

Melbourne, Victoria, Australia

Moscow, Russia

Led the Finance Controlling team. Accountable for monthly closes, reporting and forecasting, cost analysis.Key responsibilities: • Lead the charge in preparing financial statements of Swatch Group Russia at a monthly basis.• Developing and implementation of automatic reporting transformation system: together with IT department developed and implemented automatic transformation process from local GAAP to Swiss GAAP based on local ERP system 1C.• Participated in automation of business processes. Together with IT team managed to develop and implement automatic process for marketing budgets planning, approval and tracking of expenses.We also implemented automatic system for wholesale sales plan budgeting, approval and rebates calculation.• Together with accounting team implemented new lease standard (similar to IFRS 16 Leases). • Supported contract management and price development. Developed process to obtain optimum price in case of price discounts needed either in retail or in wholesale.• Led activities connected with anti-crisis management caused by global sanctions against country of operation. Together with CFO and accounting team we exceeded free cash flow target for 2022 to kept it positive by: negotiating discounts for rent agreements, implementing old stock rotating system, shrinking post payment terms.• Liaised with statutory auditors during interim/annual financial audits and responded with concrete information on quarries raised by audit team.• Team management, prepared reporting schedules, coordinated communication between accounting and controlling team.Implemented day by day plan with individual tasks for both accounting and controlling team in order to keep in time for monthly FS preparation.• Provided information and advisory support to structural divisions (brands).

Moscow, Russia

As a Senior Controller I was accountable for preparation of financial statement per Swiss GAAP and providing performance analysis of the company.Key responsibilities:• Financial Reporting: prepare monthly, quarterly and annual financial statement per Swiss GAAP.• Involved in business planning and liquidity planning. Together with sales teams managed to improve commercial conditions with wholesale distributors that resulted in decrease of annual rebates for more than CHF 2.5 million.• Financial analysis: provided explanation and analysis of variances from budget expectation to local and headquarter executives and when applicable recommendations on how to improve processes or resolve issues.Managed to deliver information that helped to negotiate suppliers for price reduction of archive services, stationery costs, logistics costs.• Conducted project feasibility studies to evaluate profitability and viability of new capital projects (e.g. opening of new point of sales).Based on finance models helped to determined several loss-making projects, that saved from CHF 0.5 to 1 million.• Involved in testing and assessing of internal controls.• Supervised activities of junior team members.

Moscow, Russia

Performing audit procedures: domestic and international companies, predominantly in mining and metal, media and carriage engineering sectors, projects both under IFRS and Russian GAAP.• Performing audits of IFRS and Russian GAAP financial statements as in-charge in companies within mining and metals, investment property, carriage engineering and media including both small and major companies with more than USD 2 billion assets. • Development, planning, risk assessment of audit assignments. Executing audit procedures over balance sheet and income statements such as valuation and impairment assessment of PPE, revenue, SG&A.• Applying new standards IFRS 15 Revenue and IFRS 16 Leases in audit assignments.• Coaching fellow colleagues, encouraging positive learning atmosphere and maintaining team leadership.• Managing teams up to 5 people.