Ivan Stanchev Email & Phone Number

San Jose, California, US

Aeris Communications is the leading service provider in the M2M space. The company operates the only cellular network designed and built exclusively for machines. Since its founding, Aeris has been a leader and pioneer, shaping and driving industry innovation and standards in machine to machine communications.

Palo Alto, CA, US

Better Place aims to reduce global dependency on oil through the creation of a market-based transportation infrastructure that supports electric vehicles. The company is building an infrastructure of battery charging spots and swapping stations that will address the problem of limited driving range and make the experience of charging an electric vehicle as.

Slough, Berkshire SL1 4AA, GB

• Key member of the integration team overseeing the integration of Clinimetrics Research Associates and its sister company Omnicare Clinical Research into Theorem Clinical Research. Collaborated with executives across.
• Led financial systems and process integration – ensured successful and timely completion of project;
• Developed roadmap for harmonization of compensation and benefits policies of Theorem’s legacy companies in conjunction with corporate COO, CFO and VP of Human Resources;

San Jose, CA, US

• Analyzed financial performance and collaborated with Business Development executives to develop and implement strategies driving top line growth. Cooperated with business unit leaders to develop tools and processes for.
• Developed and implemented a plan for a major overhaul of the company’s revenue model from fee-for-service to fixed pricing, resulting in a significant reduction in backlog write-offs at project completion;
• Designed and rolled out an Excel based bidding tool to support the new pricing strategy and improve the speed and accuracy of proposal development by the sales team; drove an immediate 20% increase in new proposal.
• Collaborated with CFO and VP of HR on a revamp of corporate compensation and benefits strategy, resulting in reduced payroll cost escalation and a 10% reduction in benefit costs in year of implementation;
• Prepared annual budget defense package and assisted CFO in the presentation to the parent company CEO

San Jose, CA, US

• Supervised the finance/accounting team, overseeing the GL, AP, payroll, billing and collections functions. Managed the month-end close process for the parent company and all US and international subsidiaries. Designed.
• Spearheaded effort to introduce a formal budgeting process; developed a comprehensive and flexible Excel budgeting tool and presented budget at annual VP meetings;
• Designed and implemented processes to streamline the operations of the department; drove a 10% reduction in headcount and annual savings of $100K despite revenues increasing over 200%;
• Prepared consolidated financial statements and monthly reporting packages; presented reports at senior management meetings;
• Coordinated preparation of variance and trend analysis of financial performance by functional unit and geographic area;
• Oversaw global tax planning and filing process for all US and international subsidiaries, including preparation of tax financial statements, calculation of FAS 109 tax provisions; corporate income tax, VAT and GST.

San Jose, CA, US

• I was hired by the CFO to research and work on special projects in areas where the company had limited or no internal expertise.Key accomplishments:
• Managed clean-up efforts following a budget-constrained financial system conversion and helped the company emerge from a severe liquidity crisis resulting from the conversion;
• Conducted financial due-diligence of a Swiss-based potential acquisition target and presented findings and recommendations to the CEO and CFO;
• Designed numerous Excel macro based tools for automating tasks and report preparation, resulting in up to 95% reduction in task execution and review time as well as a significantly lower error rate;
• Advised the CEO and CFO on the setup of a stock compensation plan in preparation for a potential exit by the owners via IPO or acquisition; developed models for evaluating the various options and facilitated the final.

GB

• Led the financial audits of biotech and internet start-ups and advised clients on stock compensation setup;
• Managed the financial audits of NASDAQ listed companies and assisted management with SEC report preparation, including MD&A and financial sections of 10-K, 10-Q and 8-K filings;
• Led pre-IPO review of a software start-up; involved in the preparation S-1 filing. including pro-forma financial statements, SEC comment resolution and other communication with the SEC.

GB

GB

• Participated in financial audits of the largest Russian oil and gas companies (Gazprom, LUKOil, etc);
• Participated in the financial due diligence review of TNK prior to its merger with the Russian operation of BP, which resulted in the formation of the largest foreign oil company in Russia – TNK-BP.

GB

• Participated in and led pre-privatization due diligence reviews of major Bulgarian companies on behalf of the Bulgarian Privatization Agency and assisted agency in the preparation of selling prospectuses;
• Participated in pre-privatization financial due diligence reviews and valuations of major Bulgarian companies on behalf of foreign investors; key member of team advising Russian oil giant LUKOil on its acquisition of.
• Led engagement for the restructuring of the Bulgarian steel industry, managing 3 teams with 14 associates;
• Participated in and managed financial statement translations and conversions to US GAAP and IFRS;
• Led a complex financial statement consolidation engagement involving over 30 subsidiaries and a complex ownership structure with cross-holding among the subsidiaries and the parent company.

Mba, Business

Ba, Applied Economics, Business Administration