- Lead one of the fastest growing companies in Serbia in the field of Accounting & Payroll, Tax consulting, Controlling, Finance, Business & ERP Advisory.- Managed to transfer the best practice from multinational companies to entrepreneurial company- Brought the company to 100+ clients on a monthly basis and even more for one-off services in less than 4 years.- Established an effective & efficient internal organization that enables top-notch productivity and fast communication with… Show more - Lead one of the fastest growing companies in Serbia in the field of Accounting & Payroll, Tax consulting, Controlling, Finance, Business & ERP Advisory.- Managed to transfer the best practice from multinational companies to entrepreneurial company- Brought the company to 100+ clients on a monthly basis and even more for one-off services in less than 4 years.- Established an effective & efficient internal organization that enables top-notch productivity and fast communication with clients- Lead staff of 15 Show less

- Provided leadership, direction and management of the finance and accounting teams, ensuring revenues and expenses stay in balance.- Oversee the organization’s financial activities.- Provided strategic recommendations to the CEO/President and members of the Executive management team.- Dramatically decrease inventory level in distributors' warehouses keeping cash flow stable to meet financial obligations.- Obtaining funding of 3 milEUR.- Considerably increase gross margin by… Show more - Provided leadership, direction and management of the finance and accounting teams, ensuring revenues and expenses stay in balance.- Oversee the organization’s financial activities.- Provided strategic recommendations to the CEO/President and members of the Executive management team.- Dramatically decrease inventory level in distributors' warehouses keeping cash flow stable to meet financial obligations.- Obtaining funding of 3 milEUR.- Considerably increase gross margin by increasing dependency for the goods.- Reduce the discount to distributors, which led to an increase in profitability of 2.5 - 3.5 million EUR on an annual basis.- Saved over EUR 90,000 in VAT when destroying expired goods and materials based on tax savings rationale.- Significantly improved work in the Treasury department through standardization and process automation.- Efficiently managed a drastic drop in the number of employees in the department in the observed period with an overall increased volume of work.- Cordinated staff of 83 subordinates. 5 direct subordinated. Show less

- Led a team which took care of the bad debts from the state owed pharmacies by collecting more than 300 kEUR of the debt in only six months.- Directed a team through the inventory of the goods decrease by 5 mil EUR. Financial impact was more than 400 kEUR to EBT for the year.- Negotiated much better finance condition for the credits and at the same time significantly decrease dependence from the banks. Short term savings were more than 150 kEUR, mid term benefits are considerably… Show more - Led a team which took care of the bad debts from the state owed pharmacies by collecting more than 300 kEUR of the debt in only six months.- Directed a team through the inventory of the goods decrease by 5 mil EUR. Financial impact was more than 400 kEUR to EBT for the year.- Negotiated much better finance condition for the credits and at the same time significantly decrease dependence from the banks. Short term savings were more than 150 kEUR, mid term benefits are considerably higher.- Considerably improved quantity and quality of the company's reporting system.- Developed a technique for optimal payment process for more than 50 kEUR savings per year.- Established automatized model for payments to suppliers, made the most of earnings from early payment discounts.- Shaped critical mass of knowledge within the Finance department needed for further work improvements.- Tracked higher quality and more valuable teamwork with other departments.- Increase productivity by optimizing processes and procedures within the department. Decrease headcount by 2 out of 17 people.- Managed staff of 15 - 17 subordinates. 5 direct subordinated. Show less

- Overall authority of the financial operation of the organization, internal control, audit, taxation, accounting, accounts receivable & payable, monthly closing of books, accounts reconciliation and journal entry adjustments. Responsible for IT department.- Played one of the crucial roles in a team that tripled profit for four years.- Made turnaround in Cash collection.- Central role in collection of bad debt of €60 million in the first year.- Directly negotiated collection of… Show more - Overall authority of the financial operation of the organization, internal control, audit, taxation, accounting, accounts receivable & payable, monthly closing of books, accounts reconciliation and journal entry adjustments. Responsible for IT department.- Played one of the crucial roles in a team that tripled profit for four years.- Made turnaround in Cash collection.- Central role in collection of bad debt of €60 million in the first year.- Directly negotiated collection of the €20 million debt from customer Velefarm.- Created probably the most sophisticated and user-friendly reporting system in the Serbian pharmaceutical industry. Reports include, but not limited to P&L per Brands, Performance vs. Competitors, Tender analysis, P&L per Business units, Cost centers….- Developed several of my subordinates to top professionals by intensive and continuous coaching and professional know how transfer.- Lead Finance team through process of switching reporting standards from IFRS to GAAP.- Successfully passed several SOX internal controls as one of the best performing countries in Europe.- Improve Actavis' expertize in part of the business with wholesalers on Serbian Pharma market.- Considerably improved relations between Sales & Marketing and Finance department acting as Business advisor.- Significantly improved several critical processes in SAP through FI, CO, SD and MM modules.- Efficiently negotiate many vendor contracts for huge savings.- Improved transfer pricing processes and policies.- Closely monitoring more than 20 projects.- Led team of 12-15 people. Show less

- Essential role in improving profitability for €1,5 million for only one year.- Designed optimal Marketing budget with Country manager to save more than €200.000.- Successfully run start-up business in Adriatic region facing all thinkable problems.- Started sales in three countries in only two months (Croatia, Bosnia and Montenegro).- Reduced costs of office staff by 30% by restructuring functions, eliminating redundancies and properly training employees.- Improved earnings… Show more - Essential role in improving profitability for €1,5 million for only one year.- Designed optimal Marketing budget with Country manager to save more than €200.000.- Successfully run start-up business in Adriatic region facing all thinkable problems.- Started sales in three countries in only two months (Croatia, Bosnia and Montenegro).- Reduced costs of office staff by 30% by restructuring functions, eliminating redundancies and properly training employees.- Improved earnings in Croatia by negotiation sensitive contract with the Distributor for €80.000 per year.- Contribute more than €20.000 to company’s income by managing Cash flow.- Developed support process for sales and marketing promotions.- Created, developed and independently led Controlling, Accounting, Customer service & Import-export, Office assistants and IT teams and functions.- Re-Launched two brands in Montenegro by new pricing policy- Decrease returns from the markets- Developed new reporting system for Sales staffMain responsibilities are to:- Active contribute to strategic decision as member of Top management team- Develop and lead whole administration team in the region - Build internally the finance-accounting and controlling function to the region covering all aspects of financial, management and cost accounting, taxation, internal audit and treasury functions. Act independently and involved in all aspects. - Prepare and review monthly, quarterly and annual financial statements, reconcile general ledger accounts and ensure the accuracy of all reporting to local authorities (Financial, VAT, Statistics...).- General corporate accounting duties including but not limited to: annual reports, bank reconciliations, tax filings, fixed asset accounting, monthly closing, monthly flash report etc. - Manage cash flow and banking activities, reconciliation and expense reports; make recommendations for deposits and hedging. Show less

- Prepares monthly, semiannual and annual reports summarizing company business activities and financial position in areas of income, expenses, earnings, assets, capital and liabilities based on past, present and expected operations- Completed VAT implementation, books and procedures- Drastically reduced needed time for numerous operations - Discussed and support internal control & audit review through two weeks’ books verification (performs once in five years)Implemented… Show more - Prepares monthly, semiannual and annual reports summarizing company business activities and financial position in areas of income, expenses, earnings, assets, capital and liabilities based on past, present and expected operations- Completed VAT implementation, books and procedures- Drastically reduced needed time for numerous operations - Discussed and support internal control & audit review through two weeks’ books verification (performs once in five years)Implemented policies, standards and changes in operations - requested from headquarters in Germany- Actively contribute to strategic decisions - Supervises, leads and supports staff of 10 Show less

- Joined management team to take company through 150% profit growth for only two years- Played a key role in the negotiations of the business set – up between foreign principals - Multinational Companies (Procter & Gamble, Kraft Foods International and Wrigley) and Nelt, including payment terms, profitability targets, infrastructure investments, expansion opportunities analysis and approach, analyses related to launching new products on the market…- Negotiated extremely complex contract… Show more - Joined management team to take company through 150% profit growth for only two years- Played a key role in the negotiations of the business set – up between foreign principals - Multinational Companies (Procter & Gamble, Kraft Foods International and Wrigley) and Nelt, including payment terms, profitability targets, infrastructure investments, expansion opportunities analysis and approach, analyses related to launching new products on the market…- Negotiated extremely complex contract with Procter & Gamble related to earnings and profit compensation model and increased profit €600.000+ for only one year.- Researched Foreign Exchange Rate impact on key operations (€300.000 savings for 2004.)- Evaluated opportunities to increase investment returns using Risk techniques – IRR & NPV- Pointed out to fact that 10% of customers create 0.1% of income initiating reduction of unnecessary Sales Representative staff - Simplified accounting documentation (records of supplier’s invoices) which caused reduction of time / position needed for the operation (€5.000 savings per annum)- Leading team in preparing consolidated monthly / quarterly / annual financial statements (P& L account, Balance sheet and Cash flow statement) and weekly reports (Inventory, A/R and A/P analysis) for GM and Board of Directors - Established Budgeting process in NELT- Scope of responsibilities also includes: Profitability analysis by business areas on MTD, YTD and YE basis / Break-even point analysis / Ratio analysis / Payroll analysis / Profitability analyses concerning introductions of new business areas / Highly detailed reporting of all costs by types, centers and product groups / Running Sales Representatives compensation plan …- Extensively educated, trained and professionally improved by Procter & Gamble - Coordinated staff of 8 Show less