Claudiu Muscalu Email & Phone Number

Bucharest, Romania

Bucharest, Romania

- Prepare, checking reporting package based on group reporting standards for retail portfolio;- Profit and Loss statement of the property, prepare and checks;- Budget & Forecast preparing and analyse with actual YTD monthly figures;- Approve PONs & Invoices for operational and development by property ;- Review statutory and IFRS accounting bookings to be in line with budget/forecast;- Accurate statements (100, 101, 300, 390, 390), ensuring timely with the Romanian tax regulations;- I support my colleagues from Technical and Asset Managers with relevant info

Bucharest, Romania

I was in charge with booking of the accounting documents (invoices, payments and so on), advice for all European transactions (AIC, LIC), prepare the monthly tax declarations and submitted to fiscal authority (D100, D101, D300, D390, D394), prepare the budget and analyse with actual figures, monthly IFRS report, monitor cash flow. Monitor costs for each Project. IFRS reports to the HQ are done on a quarterly base.Weekly I was in contact with our customer for cash collection. As part of management team I am part of the support team for purchase and sales departments with info to develop the business -increase monthly sales, involve in prepare the contracts, Also, I was in contact with banks and with local authority for sundry matters

Bucharest, Romania

Prime Kapital bought Atrium Romania (previous entity). As Controller I was in charge to prepare and monitor the annual budget and forecast for Shopping Centres. I have used my ability to analyse financial data, prepare analyses actual vs budget reports, statements and projections with strong attention to details. Achievements: - I prepared the budget for new Shopping Centres, analyses actual vs budget ;- I have checked the monthly accounting transactions with contracts and invoices;- I documented business processes and maintained the strengthening of the internal controls;- I trained the team involved in budgeting reports, support month-end / quarter-end financial closing process, analysis of profitability, KPI indicators, reports to Management team;- I assured the smooth implementing the lease agreements of the Military Shopping for year-end 2018, the asset was sold by Atrium (the former owner) to Prime Kapital Development;

Bucharest, Romania

As Chief Accountant and then as Finance Manager, I have organised, trained and led my team of 3 people in the execution of all-encompassing finance and accounting roles in preparing and maintaining statutory books, costs calculation, submitting the tax declaration, budgeting, reporting and preparing the info for selling Militari Shopping (the Asset) to Prime Kapital. The Results :• Ensured that statutory books are compliance with the Romanian accounting and fiscal legislation ;• Accurate statements (100, 101, 300, 390, 390), ensuring timely with the Romanian tax regulations;• Maintained the relationship with Tax/Fiscal Office, Banks, with Clients and Suppliers;• Managed cash-flow to be positive, responsible with approval payments and bank relationships ;• I highlighted the accounting of fixed assets: buildings, land, equipment, others;.• I have overseen sales and purchase journal, cash and bank journal, Trial Balance;• CapEx projects with financial models, budget execution in line with the amount contracted; • Accurate IFRS reports checked by both the external and internal auditors and SOX rules; • I have supported my colleagues in negotiating the lease agreements, service/investment contracts;• Advised management on necessary measures to achieve objectives for the organisation ;• I have played a vital role in assessing the entire financial system to identify weaknesses/problems in the business process, confident and proactive suggest improvements and detailed solutions ;

Bucharest, Romania

As Trainer Collaborator, I have worked per project with Wifi Romania/Austria in special program of training leaders of the Companies from different business environment area. The lectures/courses were in the business as Accounting, Finance for Non-Finance Managers, Operational Management (Flow of Business Processes), Strategic Business Growth, Cost Control and Finance Analyses. The average number of students is around 10 - 15 employees per program. The trainees were in the managerial positions as: CEO, Commercial or Technical Directors, HR or others and worked int he following industry as: Pharmacy, Energy, Mobile Phone, Constructions, Production, Distribution. Also, I have provided special training on request in finance or in other business matters. It was a great opportunity for me to meet excellent people, to inspire and to spend fun time together in all training program

Bucharest, Romania

The Shareholders appointed me as finance specialist with the goal of participating in the process of drafting the IPO documentation for listing the Alesonor on the Bucharest Stock Exchange. I have worked closely with external Consultants (Bostina Lawyer Advice and EFG Investment Advice). The Alesonor wasn’t listed to BVB Stock Exchange due to financial crises in 2009 but I highlight the main results:• I have improved economic conditions of bank loans, fees and overdraft ;• Together with the team, I implemented Navision software for better control of operational costs and set up cost control procedures for operational efficiency.• I compiled quarterly IFRS Reports and submitted to shareholders for review and approval for IPO.Recommendation from Shareholders: Mr Uri Heller or Mr Alex Skouras.

Bucharest, Romania

I collaborated with shareholders 1)to oversee day to day accounting operations in compliance with Romanian legislation and 2) to grow the numbers of the customer at the national level.I was responsible for organizing, coordinating, booking and controlling of all financial and accounting records to ensure that all transactions are appropriately accounted for and I played an important role in dissemination the Financial Statements to the Shareholders for new investments opportunity in the supply chain.• I implemented criteria and internal procedures to control of expenses, investments and flow of documents to submit all reports to the stakeholders, in due time.• I designed and implemented new software to provide in real-time analysis of actual vs budget amounts per geographic area, per channel of distribution, logistics cost, per products and client.• I increased the company sales revenue and business profits by increasing the number of customers, around 50 major clients, to the existing clients’ portfolio.• I imported new frozen food products to distribute at a National level and added nine new frozen product brands to the portfolio of goods in 2006, influenced an 11% impact on sales growth ;Recommendation by Irina Popa - HR Manager.

Bucharest, Romania

I was in charge of recording and supervising the operations of accounting, controlling the construction costs per project to be profitable, preparing the FS (individual and consolidated) reporting, implementing internal control procedure, setting up and implementing the Financial Strategy for the Group Companies involved in Project Management in Construction to have distinct profitability per Project. I took part in negotiations with banks, dealing with all specific financial aspects (bank loans, overdraft and fees) to obtain the optimal financial transaction at a lower cost. Monthly, I was in charge of the budget and to control the project cost. I maintained positive cash flow for each project (construction site). I improved the Accounting Policy and Consolidation methodology for whole Bog’ Art Companies Group.I improved the implementation of Charistma - ERP software in the company to obtain info to obtain control costs and reports for Shareholder Decision. Performance Indicators (Business Intelligence – decision manager) for Shareholders and at each department level were implemented. I worked very hard with my team to have BI at Group level in budgeted time. I prepared the monthly Financial Statement and Cost Report per each project and compared with budgeted cost.Each investment project was over 5 – up to 30 Million Euro and covered over 6.000 square meters. The finance team included 17 personsRecommendation - General Manager Sorin Greu

Bistrita-Nasaud County, Romania

I was responsible set up the finance department, to recruit and train the accounting team for the new plant in Bistrita. I was in charge with day to day operations of accounting, the month-end and year-end closing, control the investment construction costs for the new factory which produce electric car cables for BMW and Mercedes, negotiation with the banks for loans, assigned accounting tasks with deadlines. Achievements: - Build up Finance Strategy for production rump-up line (2003 - 2006) ; - Developed Cost Accounting for the production unit with JIT logistics management - Implemented SAP software FI/CO module, 'Key Performance Indicator” and internal control procedure; - Managed positive cash–flow for the investment of the new plant and also for operational suppliers ; - Tax declarations (VAT, Income tax), Payroll calculation and withholding tax in compliance with the laws; - Prepared the budget, actual reports and forecast for JIT logistics and management production; - I recruited, motivated and trained 12 employees for the Finance Department.Recommendation - Chief Accountant Carmen Marica .

Ploiesti, Romania

As Internal Auditor and then as Chief Auditor, I was responsible for assuring that the organization's objectives and financial reporting were accurate and comply with laws. I was Responsible for: 1) Analyse the Actual/Budget figures; 2) Monthly supervise the transactions to be compliance with Romania law; Checked the Balance Sheet, Profit & Loss, VAT & Income Tax Declarations 3) Supervise, advice the transaction for Investment; 4)Report to Head Office in US-GAAP; 5) Report the Statutory FS to the Committee of Managers; Achievements: - implemented SAP software FI/CO and I coordinated the project team for MM/SD ;- trained the employees' team (25 employees) from the accounting department;- Petrotel - LUKoil was one of the ten company in Romania which applied IAS accounting (Ordin 94/1999) ;Recommendation - Chief Accountant Dutu Dorel

Bucharest, Romania

I joined as an auditor and a few years later I achieved the position senior auditor in the one of the former world's leading consulting and professional services Arthur Andersen (the big 5 companies). I participated in audit fieldwork, due diligence, professional services in business consulting for the Top Companies with turnover of millions of EUR, Internal Control, Investment Projects, Business Management and IFRS Reporting.1) I was in charge with audit Financial Statement and Report to the Head Office such as GROUP RTC, GROUP KVAERNER- Heavy Machine Production; GROUP SNP - COMPETROM (actual OMV Petrom) in Bucharest- Oil Company; ADESGO- Production Company;2) I was in charge of coordinating the accounting / consulting activity for Foreign Companies such as a) TENNECO AUTOMOTIVE ROMANIA -Distribution Company of MONROE shock absorber and WALKER emission control. Besides, I reported to HQ in compliance with US-GAAP Standard; b) ROMANIA THERMAL INSULATION - Production Company 3) I was in charge of the one-off project: Finance Project, Cash Flow Management. The client was: TENNECO Automotive CompanyRecommendation Accounting / Audit Mr Radu Tudor & Tax Partner Mr Alex Milcev

Piitesti, Arges

Cesar was a research company detached from Automobile Dacia - Pitesti UAP (the largest manufacturer of passenger cars, now Renault – Dacia). I worked as an engineer to design the windows of the new car Dacia Nova model 523/524. We tested and approved the zero series for the new Dacia Nova car. Recommendation from Cesar SA - Mr. Bratu (Chief Department)Moreover, May 1993 - February 1997 I worked in sales - that second job in the afternoon. It was an interesting experience where I learned how it works, how a company makes money and how it grows. I was responsible for network development in Transylvania AGFA photo. The experience was huge in understanding develop a retail distribution network.

Gratuated, Mba

MBA at Tiffin University (ohio from US) done together with Bucharest University The lecture was performed by American professors.

Master, Master In Finance Management And Market Securities, Master

Activities and Societies: All courses have done by Teachers with great business experience in big Companies ;MASTER in Finance and Stock.

Graduated, Faculty Of Economic International Relations

Graduated, Faculty Of Engineer Physics