Antonio Turco Email & Phone Number

Milan, Lombardy, Italy

• Overseeing company finances, ensuring efficient financial management.
• M&A activities and post-acquisition integration: BNP Paribas Cardif acquired a 51% stake in BCC Vita along with an agreement with BCC Banca Iccrea for the exclusive distribution.
• Strategic planning, budgeting, and achieving financial objectives: - Budget and Forecasts guidance for target setting and value-added analysis & recommendations to enable Executive Board to achieve its financial.
• Monitoring performance, advising on policies, and identifying cost-saving opportunities: - Profitability analysis & Solvency II impacts evaluation model by products (Life, P&C, CPI), partners (2 captive, 70 not.
• Enhancing financial controls, safeguarding internal systems, and addressing risks.
• Promoting operational efficiency through system development.

Milan Area, Italy

• IFRS17 / 9 new activities implementation: development of performance reporting and tools for quarterly closings; review of new products approval and monitoring, from Actuarial pricings to new business initiatives.
• Implemented ABC costing model for 18 product lines (8 Protection; 10 Savings) to accurately measure and optimize costs in collaboration with operational managers. Developed pricing strategy by creating a Cost Tuner.
• Finance PMO of Business Process Reengineering after BNL Vita acquisition: leadership role in providing analytical perspectives to ExB, monitoring and assessing the benefits of the strategic programs and of the.
• Quarterly and annual closings: preparation of timely and accurate quarterly management accounts and reports, including flash report, financial statements, dashboards, KPI reports.

Milan Area, Italy

• Yearly budget plan preparation, performed monthly monitoring analysis and reviewing against actuals/forecasts to enable reporting of variances to the ExB by products (Savings, Mortgages, TX Accounts, Assets Under.
• Leadership role in the ongoing development of business intelligence reporting and forecasting tools: two new financial forecast models on Mortgages (6Bn€) and Current Accounts (product launched in 2009) created and.
• Coordination with ALM, RM, PMOs to ensure the Finance department had been properly supporting the needs of the core business.
• Directly responsible for month-end closings and operating expenses control.

Milan Area, Italy

• Strategic plans, annual budget, monthly forecasts, operational analysis & reporting developed closely to the FP&A Director & CFO.
• Profitability and trends analysis by products (personal loans, leasing, sales finance) and trade channels (branches, brokers, agents); revenues and costs performance monitoring. Break even point and payback period.
• Monthly Actual Closings to Corporate and Italy management: accounting check consistency for correct analytics (CC, PC, offers, project codes) in order to have efficient comparison versus budget, forecasts, business &.
• Ad hoc financial analysis & reporting activity as required to support the Top management.

Milan Area, Italy

• Performed and tracked yearly budget and business planning. Monthly update of forecasts and projections to give management an on-going accurate situation about the financials of the company. Margin analysis report.
• Management of month end closings, monthly preparation of board report with analysis of variances versus budget and “ad hoc” analysis for the internal Top Management and French HO.
• Weekly cash management report including the collection control of overdue receivables as well as scheduling outgoing payments.

Executive Master In Business Administration, Business Administration And Management, General

Executive MBA

Economics