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Experience into financial reporting and thorough budgeting/planning process, at every business aspect, to confront any kind of challenges into a dynamic business environment. Adding value and becoming one of the main contributors in materializing company’s visions, by providing advanced decision-making tools and critical interventions.Activities:• Year-end closing and monthly reporting: Active participation at the main reporting procedure and securing the correct charting of the financial results under the Greek GAAP or IFRS, as well as, the accrual management policy, through the MIS process.• Annual/Quarterly/Strategic Budget: Preparation of the main financial statements of the Group (P&L, B/S, Cash-flow) along with the detailed top-to-bottom line budgeting.• Reorganizing the financial controlling procedure, through interdepartmental cooperation and presenting final proposals to the top management staff, aligned with the main reporting policies.• Highlighting the key drivers of the financial position/performance (Sales, COGS etc), ensuring a sustainable profitability.• Cost controlling of the fixed expenses’ drivers by proposing specific directives and modifications, in order to improve financial performance.• Responsible for the financial project appraisals, such as new investments, introduction of new products/commodities (action plans and post evaluations follow-up) along with competitors’ financial status analysis.Specialties: Business PlanningFinancial Budgeting/Reporting/ControllingBusiness development Investment appraisals
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Tax OfficerΑαδε - Iapr Mar 2024 - PresentGreece -
OfficerDypa - Greek Public Employment Service Feb 2023 - Mar 2024Athens, Attiki, Greece -
Financial & Planning Analysis ControllerMsd Greece Dec 2012 - Feb 2020Athens, Attiki, GreeceDirect report to the Associate Director of Financial Planning & Reporting and dotted to the CFO of MSD Greece/Cyprus Malta. Controlling the reporting and budgeting procedure by leading the relevant teams, as well as, any relevant business financial analysis. Awarded for the successful implementation of new processes, for personal contribution in company’s major projects, as well as, for exceptional performance. Main tasks:• Annual/Quarterly/Strategic Budget/FCSTs: Preparation of the main financial statement of P&L, under a detailed top-to-bottom line analysis (due to Volume, due to price, or other financial elements per product, per channel). • Year-end closing and monthly reporting: Active participation at the main reporting procedure and ensuring the alignment of the financial results under the Greek GAAP or US GAAP, and according to the local accrual management policy.• Reorganizing the financial monitoring procedure, especially for sales tracking, through interdepartmental cooperation and presenting final proposals to the management staff, fully aligned with the reporting policies.• Responsible for the financial appraisals of business projects, such as new investments, introduction of new products (action plans and post evaluations follow-ups).• Preparation and submission of HQs’ specific reports for Sales, bi-weekly, bi-monthly or bi-quarterly, validating the main performance drivers.Achievements:a) Business expansion by introducing Vaccines' products, into our portfolio, by planning and controlling each financial aspect of the projectb) Greece’s Austerities measures into the budgeting processc) Confronting Cyber-attack incidentd) ERP transformation to Comet/SAPe) Planning process transformation -
Group Senior Financial Analyst & Financial Controller Of The Retail SegmentSaracakis Group Of Companies May 2007 - Jun 2012Athens, Attiki, GreeceDirect report to the Financial Planning Manager and dotted to the CFO of Saracakis Group. Responsible for the reporting and budgeting procedure, as well as, any relevant business analysis. Supervision of the Group’s Retail division and presenting the financial status to the top management staff.Main tasks:• Year-end closing and monthly reporting: Active participation in the main reporting procedure and ensuring the correct charting of the financial reports under the Greek statutory books, according to organization’s accrual management policy. Full responsibility and engagement in the reporting procedure of SARACAKIS RETAIL S.A.• Annual/Quarterly/Strategic Budget: Preparation of the main financial statements of the Group (P&L, B/S, Cash-flow) along with detailed top-to-bottom line budget analysis of SARACAKIS RETAIL S.A.• Reorganizing the financial controlling procedure, through interdepartmental cooperation and presenting final proposals to the top management.• Highlighting the key drivers of the financial position/performance, by proposing specific directions and modifications, in order to ensure a sustainable profitability.• Responsible for the financial projects’ appraisals of SARACAKIS RETAIL S.A., such as new investments, introduction of new products/commodities (action plans and post evaluations follow-ups), along with competitors’ financial status analysis.Achievements:a) Long term Restructuring process strategy:Fully engagement on the Group’s Strategic Restructuring plan by identifying drivers that affects operational performance, especially during the Greek financial crisis.b) ERP transformation to DAX-Microsoft Dynamics:Fully engagement at the implementation of the new ERP system (DAX-Microsoft Dynamics. -
Financial Reporting SupervisorBeiersdorf Sep 2006 - Apr 2007GreeceDirect report to the Accounting Manager and CFO. Responsible for the reporting of the financial statements according to the Greek accounting principles and IFRS.Main tasks:• Year-end closing and monthly/quarterly reporting: Supervision of the G/L accounts and the provisions/accruals’ methodology, in order to ensure the month-end process of the P&L and Balance sheet, under both, the Greek accounting standards and the IFRS. Responsible also for the submission of the financial results to the headquarters. • Implementation of the IFRS policies and ensuring the flow of the financial data into the SAP system, in cooperation with IT department.• Participation in projects related with the financial accounting field, in cooperation with other departments (such as detailed cost analysis, Logistics analysis, Capex tracking, treasury position, Accounts payable ageing e.t.c.). -
Financial & Operations Analysis ManagerPepsico Sep 2005 - Sep 2006GreeceDirect report to the Business Planning Manager of Greece, Cyprus and Balkans.Having as a main task the preparation and presentation of company’s annual budget (P&L, BS & OCF) under US GAAP standards, as well as, the presentation of financial reports for the senior management team. Expert at the financial issues of the production cost, CAPEX and the budgeting process for the local plant. Promoted and awarded for exceptional performance, and projects’ successful implementation.Main tasks: • Annual/Quarterly or Long-term Budgeting: P&L preparation (volume-net sales breakdown, Cost of goods-budgeting, Cost centers’ budget), Balance Sheet & Cash-flow preparation• Reports: Weekly and periodical reports regarding company’s performance, direct to the Management Staff.• Specialization in controlling the financial performance and the budgeting process of the production cost, as well as, of the manufacturing overhead’s expenses.• Monitoring the fixed assets purchases of the company, according to annual or 5-year CAPEX plan.• Ad hoc reports (such as P&L, BEP or Scenario analysis), concerning brands or channels.• Investment appraisals.• Engagement and presentation of projects to the senior management, in cooperation with the related departments.Achievements:a) Investment appraisals for the local and international facilities.b) Introduction of a BS & OCF model, along with sensitivity scenarios analysis.c) Weekly sales report reconstruction.d) Manufacturing cost exploitation-report by product.e) Volume breakdown tool for the budget process.f) Product P&L tool, for immediate decisions.g) Capex tracking report.h) Product rationalization by profit and volume -
Senior Financial AnalystPepsico Oct 2001 - Sep 2005GreeceDirect report to the Business Planning Manager of Greece, Cyprus and Balkans.Having main task the preparation, editing and presentation of company's annual budget, as well as the presentation of financial reports for the senior management; expertise in the financial issues of the production cost, CAPEX and the budgeting for the local plant. Promoted and awarded twice for exceptional performance.Main tasks: Annual or Forecast Budget: P&L preparation (volume-net sales breakdown, Cost of goods-budgeting, Cost centers' budget), Balance Sheet & Cash-flow preparationReports: Weekly and periodical reports regarding company's performance, direct to the Management Staff.Specialization in controlling the financial performance and the budgeting of the production cost, as well as, of the manufacturing overhead's expenses.Monitoring the fixed assets purchases of the company, according to CAPEX plan.Ad hoc reports (such as P&L, BEP or Scenario analysis), concerning brands or channels.Investment appraisalsEditing and presentation of projects to the senior management, in cooperation with the related departments. (Main projects: Investment appraisals for local and international facilities, Balance sheet & OCF model, Weekly report reconstruction, Direct cost exploitation report per product, volume breakdown tool, P&L tool, Capex tracking report, Allied business products & exports per country exploitation, redefining products). -
1St LieutenantHellenic Army 1999 - 2001Responsible for the logistics process of the battalion.
Thanasis Chalas Skills
Thanasis Chalas Education Details
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Banking And Finance -
Economics
Frequently Asked Questions about Thanasis Chalas
What company does Thanasis Chalas work for?
Thanasis Chalas works for Ααδε - Iapr
What is Thanasis Chalas's role at the current company?
Thanasis Chalas's current role is Financial Planning & Analysis professional.
What is Thanasis Chalas's email address?
Thanasis Chalas's email address is na****@****ail.com
What schools did Thanasis Chalas attend?
Thanasis Chalas attended The University Of Stirling, University Of Piraeus.
What skills is Thanasis Chalas known for?
Thanasis Chalas has skills like Business Planning, Financial Reporting, Finance, Budgets, Forecasting, Strategic Financial Planning, Accounting, Cash Flow, Financial Analysis, Financial Accounting, Business Analysis, Ifrs.
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