Ilias Karakitsos Email & Phone Number

New Orleans, Louisiana, United States

Greater New Orleans Area

Athens, Greece

Gained a deep understanding of activity-based costing (ABC) and how a global business operates in terms of expenses incurred and sales generated. Successfully implemented own Excel based method that significantly improved the account reconciliation process for audit purposes, having received excellent reviews.Main Contributions: Special Project: Retail Data Reconciliation: Used SAP and Excel to reconcile account statements for all Supermarket chain vendors operating in the Greek market (30 Supermarket chains). Created a new step-by-step automation method using Excel Programming (VBA), which accelerated the reconciliation process and allowed external Auditors to perform audits more efficiently; trained a team of 3 Financial Analysts from the Bulgarian company branch in using this method. Wholesale Account Reporting: Collected, processed and monitored large volumes of customer data from wholesale vendors via SAP, while collaborated with other departments for to this direction. Analyzed retail sales figures by identifying sales patterns, using ratios to assess performance; prepared comparative reports for different time periods. Calculated bulk quantity discount pricing for wholesale vendors, to include the largest beverages and drinks wholesale supplier in Greece (Siozou Bros SA) under strict deadlines. Produced monthly financial reports and ad hoc analysis to support management decisions on the wholesale channel. Complied with established procedures and corporate regulations within a multinational environment, working as member of a team to address and solve any issues. Monitoring & Claims Administrator (Wholesale): Managed and controlled wholesale KPIs (orders, commercial and shipping discrepancies) and monitored the accurate invoicing of pricing discounts. Methodically processed customer claims for refund using SAP and issued credit notes as required.

Athens, Greece

 Calculated VAT, payroll and Intrastat returns; submitted relevant forms and income statements ensuring compliance with reporting and statutory tax requirements. Explored alternative funding options, prepared bank loan applications and processed loan repayments. Produced various financial reports, such as customer and product profitability analysis.

Athens, Greece

 Managed and monitored accounts payable and receivable and performed bookkeeping for all customers, including large commercial and services companies. Recorded ledger and journal entries, monitored customer and supplier balances, reconciled bank statements and performed checks to ensure accurate recording.Selected Achievement: Worked in a team of 15 following the 2009 merger with an affiliate Accounting Office; managed to transfer all electronic and physical records of approximately 300 clients into the office’s computerized accounting system (Eurofasma) within tight deadlines; created a consolidated client database, thus achieving process optimization, substantial quality improvement and operational cost savings.

Bachelor'S Degree, Accounting And Finance

Accounting

Papers completed: Knowledge F1 Accountant in Business F2 Management Accounting F3 Financial Accounting Skills F4 Corporate and Business.

Bachelor'S Degree, Accounting And Finance

Bachelor'S Degree, Accounting