Silvia Ramella Email and Phone Number

Joined Italian subsidiary of Sonatrach Algerian State Oil Company, Sonatrach Raffineria Italiana srl (~ $5 billion turnover). Manage the monthly and daily rolling cash flow forecast and understand business funding requirements. Monitor bank balances and short term receipts and payment forecasts. Produce the monthly cash flow and balance sheet for management pack. Assist CFO in the preparation of budgets and forecasts, with specific responsibility for cash flow budgets but also involvement in all balance sheet and income statement financial aspects. Assist with the preparation and consolidation of monthly results for the group, including commentary on performance. Undertake analytical work, business appraisals and other finance support as requested. Assist in the year-end process including preparation of balance sheet reconciliations and of information for external auditors. Execution of FX and IR transactions where applicable, including counterparty credit risk exposure. Issuance of LoC’s and SBLC's. Maintain bank accounts as required with periodic reviews to identify rationalisation opportunities.• Manage cash management functions, including daily cash position, wire transfer, account transfers, and bank account administration• Manage currency risk by collaborating across many areas including finance, tax, external accounting services provider (BDO) and business teams to support product development and other business initiatives and ensure adherence to treasury policies and best practices• Prepares Global multi-currency cash pool reporting on a day to day basis• Execute daily electronic funds transfers. Initiate required wire and ACH activity into bank web-site

Seconded to Saturno Consortium (High Speed Railway Project including Ansaldo STS, Alstom, Hitachi). Executed core financial processes and annual balance sheet. Leveraging all accounting payable and receivable processes. Managed recording of monies received and paid out. Execute monthly VAT settlements, bank statements reconciliations. Successfully managed relationships with banks for credit, guarantees, receipts and payments. Preparation and reporting of income and expense forecasts. Updated inventory book and asset register. Maintain bank accounts as required with periodic reviews to identify rationalization opportunities

Drafting of corporate balance sheets for medium and large companies. Preparation of tax returns, Intrastat form and VAT form for companies and individuals. Tax consultancy. Book keeping business. Update inventory books and asset register. Assistance to year-end accounting closures and inventories.• Assist Partners/Senior Managers/Managers on special projects, as requested• Assist with developing and maintaining effective and efficient compliance reporting processes Analyze tax reporting information provided by other departments• Assist in the management of state audits, including drafting responses to government inquires and analysis of audit workpapers• Work closely with subsidiary financial, investment and management contacts to gather financial information necessary to provide tax advice