Chief Accountant
Teremno Khlib
Lutsk, Volyn, Ukraine
In my most recent role, I acted as Chief Accountant for a bread factory with 600+ employees. I managed my accounting team of 10 accountants, covering all aspects of corporate accounting. The company had 6 factories in multiple regions in Ukraine. All Chief Accountants, for each factory, worked with the Chief Financial Officer for the entire company. I was the most senior Chief Accountant of all factories, so I had to, consult for the other 5 Chief Accountants, when needed. On a daily basis, I had to evaluate financial performance of the organization, with regard to, long-term operational goals, forecasts, and budgets. I planned and managed all financial functions, including financial reporting, budgeting, cash management, general accounting, and payroll. By doing so, My team and I was able to achieve full financial control and sustainable growth.The following are highlights of the value I brought to the company:• In the first 2 weeks of starting with Teremno, the previous Chief Accountant left the company's December reports unfinished and did not close out the fiscal year or create the final reports for 2014. The deadline for these reports to the CFO was February 25th, because the deadline to the government was March 2nd. I had to quickly gain the respect of my new accounting team, get these reports done immediately and still manage day to day operations. These reports typically are done in 60 days.• In Ukraine, Chief Accountants must work directly with the State Tax Service of Ukraine (IRS of Ukraine) on a monthly basis, to coordinate tax payments and commissions. This is often a negotiation process because they always want more than law requires.• Bread in Ukraine is a price protected commodity. I needed to work with the Antimonopoly Committee of Ukraine to prove the economic justification for pricing of our products.• Prepared consolidated annual financial statements for the parent company "HLIBNI INVESTITSII" (all 6 factories)
