Konstantin Tsoi Email and Phone Number

Managing family office operations and development of finance within portfolio companies: - Financial Control- Corporate Financial Management- Investor Relations

- Risk Assessment: Identify and evaluate underwriting, market, credit, and operational risks.- Regulatory Compliance: Ensure adherence to insurance regulations and solvency requirements.- Risk Mitigation Strategies: Develop policies to minimize exposure to claims, fraud, and financial risks.- Risk Monitoring: Continuously track risk metrics like loss ratios and reserve adequacy.- Reporting: Provide risk management reports to the board, regulators, and rating agencies.

Private EquityIndustry: Healthcare and HealthTech- Designed an efficient budgeting process, resulting in reduction in overall expenses while maintaining operational effectiveness.- Developed a robust reporting framework for portfolio companies, leading to a significant increase in reporting speed and substantial improvements in investment metrics.- Streamlined daily financial and business operations, fostering a seamless workflow and facilitating the successful scaling of the business.- Successfully collaborated with IT team to integrate a comprehensive accounting software and reporting systems for the group of 15 companies.- Created and approved budgets for investment projects in collaboration with management, enabling accurate forecasting and contributing to the success of investment rounds.

KST LLC is a portfolio company of T MEDICA.Industry: medical supplies and care products.- Cash Flow Optimization: Implement strategies to stabilize cash flow and improve liquidity.- Financial Restructuring: Assess and renegotiate debt obligations to relieve financial pressure.- Performance Improvement: Return to profitability and debt repayments- Stakeholder Management: Report to the private equity fund on turnaround progress and financial health.

Galen CJSC is a portfolio company of T MEDICAIndustry: in-vitro diagnostics equipment and supplies.- Operational Stability: Ensure uninterrupted daily financial operations.- Financial Oversight: Monitor budgets, forecasts, and financial performance to meet PE fund expectations.- Reporting & Compliance: Produce timely financial reports aligned with compliance requirements.- Stakeholder Communication: Provide regular updates to shareholders and top management.- Team Management: Lead finance team to ensure smooth business continuity.

- Led and actively participated in a strategic initiative focused on "Financial Control", driving the optimization and unification of finance processes, including financial reporting and management reporting, resulting in a significant labor effort reduction of 15%.- Contributed as a key participant in the development and implementation of a management accounting methodology for a leading food retailer, resulting in improved financial decision-making, cost control, and enhanced operational efficiency.- Collaboratively created and executed a Shared Service Center initiative for the client, providing valuable insights and recommendations for process improvement, resource optimization, and increased operational effectiveness.

- Led the budgeting and forecasting process, including the development of rolling 12-month budgets, resulting in improved financial planning accuracy and alignment with organizational goals, leading to an 5% increase in cost efficiency.- Developed and maintained robust project financial models, enabling accurate financial forecasting, identifying areas for cost optimization, and facilitating informed decision-making, resulting in 10% reduction in project costs.- Collaborated as a trusted business partner with sales, production, service, and accounting teams, providing financial expertise and guidance, fostering cross-functional collaboration, and driving a significant improvement in operational performance.- Conducted comprehensive financial due diligence of prospective customers during the pre-sales stage, mitigating financial risks and ensuring the suitability of business partnerships.- Prepared detailed accounting reports, management ad hoc reports, and engaging project presentations, delivering timely and insightful financial information to key stakeholders and supporting strategic decision-making processes.

- Effectively communicated audit findings and results to audit executives and client management, offering actionable recommendations for improvement.- Conducted comprehensive assessments of significant business processes and accounts, identifying key risks and control weaknesses.- Conducted thorough analytical reviews of management accounts, identifying trends, anomalies, and areas of concern.- Drafted and reviewed financial statements, ensuring adherence to International GAAP and local legislation.- Provided guidance and coaching to junior staff, assigning tasks, reviewing work, and fostering professional development.

- Provided comprehensive assessments of business processes and accounts, identifying key risks and control weaknesses.- Provided in-depth descriptions of the internal controls environment, including process flows, control activities, and control gaps.- Collaborated with team executives to design effective and efficient audit programs tailored to specific client needs.- Developed testing strategies to assess the effectiveness of internal controls and determined their impact on financial statement assertions.- Conducted thorough analytical reviews of management accounts, identifying trends, anomalies, and areas of concern.- Drafted and reviewed financial statements, ensuring adherence to International GAAP and local legislation requirements.