Shmuel Frulich Email & Phone Number

Israel

>Board Member.>Participating actively in all Strategic, Taxation and Accounting decision-making sessions.>Leading the Accounting and Financial array of the Group and its subsidiaries.>Supervising the official financial statements and reporting to all the Group and its subsidiaries, including the Holding company, Import firm, Real-estate brunches and the Engineering entity.>Managing the cashflow and budget of the Group, including: collection, credit insurance, savings and loans, collaterals, contact points to all the banks. Monitoring payables and receivables to domestic and foreign suppliers and customers.>Key contact person for all the legal issues of the Firm, overseeing the external lawyers tasks.>Negotiating and drafting agreements with all interfaces: suppliers, sub-contractors, insurance and fleet.>Controlling all the accounting auditing, procedures and best-practices of the Group: purchasing, logistics, inventory, fleet, feasibility studies and long-term plans.>Interface with the Municipal and Governmental Authorities.

Israel

Financial Officer of Hadera paper's subsidiary Tri-Wall Containers.Board Member.>Authorize Signer at all bank accounts.>Partner of the Spin-Off deal between two of the Holding's firms, including all the taxation ad accounting implications, valuations and managing all legal and financial issues of the entities.>Led the Accounting Department, including the accountants, clerks and payroll officers.>Supervised payroll for 110 employees, insurance, deposits to funds and taxes, personnel onboarding and termination, liabilities, labor accidents and labor law.>Prepared and signed the monthly, quarterly and annual statements, including income tax reports.>Reported to the Board of Directors, the holding companies and the regulatory authorities, according to >Public Companies legal frame and the IFRS Standards. >Managed the Budget and cashflow projections.>Controlled all inventory of the Firm.>Overlooking the IT system, including Privileges' Management.>Handled all legal issues of the firm, with external lawyers, including law suits, contracts for telecommunication, leasing, operations and labor.>Executed feasibility studies, analysis and planning for the operational excellency, sites selection, relocation, business plans, new projects, cost accounting, purchasing proposals and insurance.

Israel

>Prepared the Financial Statements, according to the US GAAP 20F Standards.reported to the Israeli tax Authorities.>Worked with direct interface with all the Firm's dealers, reps and the US-based subsidiary.>Drafted the periodical reports to the Chief Scientist and Governmental grants.>Handled all Stock Options to the personnel.>Managed the cashflow projections, incomes and payments.

Israel

>Worked with Public Companies auditing, according to the international IFRS and US GAAP as well as the Israeli Accounting Standards.>Audited and Documented processes under the SOX and the Israeli GOSHEN in Public Corporations.>Specialized in Financial and Industrial Enterprises.

Master'S Degree, Accounting And Finance, Ma

Master in Accounting. Specialized in IFRS - International Financial Reporting Standards.

Bachelor'S Degree, Accounting And Computer Science, Ba - Com Laude

Activities and Societies: BA in Accounting and Computer Sciences. Graduated with Honors.BA in Accounting and Computer Sciences. Graduated.