ITS - Transfer Price

Finance Director - Oct 2013 – Apr 2015Finance Controller - Oct 2007 – Sep 2013Company main activities cover licensing film rights in all media in five foreign countries (Brazil, Italy, Japan, South Korea, Spain), co-producing and co-financing of Fox movies, group financing, customer service (billing, collection, handling of queries), advising on and sponsoring film production in Hungary (Die Hard 5, Eragon, Spy).Revenue: over US$400-500 million per year. Headcount: 5.Responsibilities:▪ ensure compliance with international and local tax and legal requirements▪ handle 200+ clients directly, in terms of administration, collection and financial issues▪ monthly and annual closings and related reporting (US GAAP)▪ review monthly Territory reports obtained from Fox affiliates (Brazil, Italy, Japan, Korea, Spain)▪ prepare forecast revenue, cash, tax▪ calculate amortization of purchased and capitalized film/TV libraries▪ maintain proper level of intercompany debt and equity▪ record, reconcile and report royalty and license fee receivable/revenue/cash transactionsSpecialties, Achievements: Main role in successfully closed international tax audits (South Korea, Spain and Japan). Implementing new processes, improving and reorganizing existing processes, functions to move an excellent finance team to the next quality level. Achieving one of the best corporate audit evaluations in 20th Century Fox in 2012. Implementing new reporting procedures across several Fox affiliates.

Home Entertainment film distribution in Hungary. Licensors: Warner Home Ent., Sony Pictures Home Ent. Revenue: HUF2,5 billion.Key Areas of Activity & Responsibility:▪ establish and manage the finance and accounting department▪ ERP system deployment▪ set up the internal controlling and reporting system▪ establish and control the business processes with main suppliers and clients▪ control logistic, inventory, account receivables▪ main role in cross-departmental (sales, marketing) collaboration, decision makingManaged team (headcount): 7

Home Entertainment film distribution in Hungary. Licensors: Warner Home Ent., Sony Pictures Home Ent. Revenue: HUF2,5-3,5 billion.Key Areas of Activity & Responsibility:▪ ensure the administrative background in accordance with the local (accounting and tax) regulations and the corporate requirements (US GAAP)▪ reprocess the inventory administration for 2002-2003 and introduce new inventory software▪ organize and control the monthly, quarterly and annual financial closings, reporting▪ SAP introduction▪ set up new internal policies, regulations▪ main role in activity close-down (Warner closed its affiliates in the region and the business close down process was started in 2006)Managed team (headcount): 4

Premium jeanswear distributor with 12 retail shops and 150+ retailers in Hungary.Key Areas of Activity & Responsibility:▪ manage the whole administration of the company▪ reorganize the administrative department▪ manage the Hungarian company restructuring, merge of nine entities▪ ERP system deployment▪ budget presentations to the foreign managementManaged team (headcount): 6

Main clients: ABB Energy, Transelektro, Erőterv, Borsodchem, Novotrade, Mahart, Chinoin (Sanofi-Synthélabo csoport), Lego Hungary, ABN Amro, Renault Truck Hungary.