From more than 20 years of international experience in multinational company (including 9 years as Finance Director and Managing Director) I have had the opportunity to apply my knowledge and experience in different fields and in different countries. Because of that I have a multi-cultural understanding and an ability to adapt to new situations and challenges, being a creative problem solver. From my vast experience I have gained an ability to see the big picture and support business strategy and development, while at the same time maintaining focus on the details and high standards of reporting and internal controls. An ability to build trust across cultural and functional differences has proven highly valuable throughout my career.Major achievements in my career include:- Strengthen controls while organization increase from 120 to 580 employees, and reach turnover of USD 1B. - Profit increase by 5 times and Operating Margin increase from 17% to 45% (best in the Eastern Europe Area).- Very successful SAP implementation in our Area as deputy project lead.- Successful acquisition of local producer factories and post acquisition integration.My entrepreneurial spirit is very high. I love to be part of growing a business. I’m proud of my achievements, but still have a desire to do more!
-
Chief Executive OfficerTeam21Dubai, Ae -
Chief Executive OfficerKiberone Moldova Jul 2024 - Present -
Chief Executive OfficerTeam21 Oct 2021 - PresentPrimary Responsibilities:- Plan, develop, implement and direct the organization’s operational and fiscal function and performance.- Act as a strategic partner by developing and implementing the company’s plans and programs.- Analyze and make recommendation on the impact of long range growth initiatives, planning, and introduction of new strategies and regulatory actions.- Develop credibility and authority for the finance leadership team by providing accurate analysis of budgets, reports and financial trends and operational procedures in order to assist senior executive team.- Create, improve, implement and enforce policies and procedures of the organization that improve operational and financial effectiveness of the company.- Communicate effectively and establish credibility throughout the organization.- Provide expert financial guidance and advice to others within executive leadership.- Improve the planning and budgeting process on a continual basis by educating departments and key members of corporate leadership.- Provide strategic input and leadership on decision making issues affecting the organization; specifically relating to the evaluation of potential mergers, acquisitions or partnerships.- Optimize the handling of banking relationships and work closely with CFO to foster and grow strategic financial partnerships.- Work with finance team to develop a solid cash flow projection and reporting mechanism, which includes setting a minimum cash threshold to meet operating needs.- Act as a strategic advisor and consultant offering expert advice on contracts, negotiations or business deals that the corporation may enter into.- Evaluate company’s financial, operational, and sales and marketing structures to plan for continual improvements and a continual increase of operating efficiencies.- Mentor and interact with members of staff at all levels to foster growth and encourage development among senior executive team and all members of staff. -
Ceo/ Cfo / Company OwnerCatering Sport Srl Aug 2017 - Jul 2024• Overseeing the company's business operations, financial performance, investments, and ventures.• Developing and executing business strategies to achieve short and long-term goals.• Developing and implementing business plans to improve cost-efficiency.• Maintaining positive and trust-based relations with business partners and authorities.• Supervising, guiding, and delegating executives in their duties.• Ensuring company policies and legal guidelines are clearly communicated.• Assessing, managing, and resolving problematic developments and situations.• Building and enhancing the company's public profile at events, speaking engagements, etc.• Manage resources, including the attracting, hiring and retention of personnel.• Ensure employees move in the same strategic direction to achieve its mission.• Create and report on business plans, monitoring its efficacy and progress.• Research and implement new initiatives to drive revenue, lower operating costs while maintain quality products that are competitive, all while delivery excellent customer support.• Continuous monitoring of the annual budget and ensure that revenue/sales targets are met.• Manage and report on the effective implementation of a marketing strategy to maintain market relevance and promote products and services to increase sales.• Manage key personnel, clients and service providers.• Maintain the quality of products, services, customer support and level of service inline with service level agreements and other retention strategies.• Promote the wellness of staff and implementing policies inline with labour legislation and health and safety guidelines to create a diverse and positive working environment.
-
Managing Director Finance / AdministrationBritish American Tobacco Feb 2014 - Oct 2021London, GbManaging Director Finance / Administration for 13 countries in UCCAB Area (Ukraine, Caucasus & Moldova, Kazakhstan & SCA, Uzbekistan, Belarus clusters).200+ subordinates1.3B USD TurnoverManaging a 200-person team including Finance, IT, Controlling, Accounting, Legal, Administration and Internal Audit.• Overseeing daily business operations – Finance, Administration, Legal & IT.• Commercial business partner, able to network across the organization. • Take the strategy and analyze the processes to see if BAT have the required tools to get there. • Mature leader who is managing complexity in a growth environment, with a hands-on approach and international experienceFinancial Management - Responsible for all systems and procedures for the collection of revenue, reporting and integrity of financial information including: Coordinating and leading the annual audit process. Overseeing and leading the annual budgeting and planning process. Administering and reviewing all financial plans and budgets; monitor progress and changes. Managing organizational cash flow and forecasting and oversite of all bank accounts andinvestments to maintain adequate working capital and return. Managing the day to day investments. Ensuring compliance with Laws and any other financial, tax reporting and regulatory requirements. Updating, documenting and implementing all necessary business policies and accounting practices to improve the finance department’s efficiency and financial controls. Preparing the Annual Report and Treasurer’s narrative for Board meetings.(IT) - Responsible for the overall administration, planning, coordination and execution of all IT functions.(HR) Talent Management - Responsible for the overall administration, coordination and evaluation of the organization’s talent management functionAdministration – Responsible for the overall administrative functions to ensure efficient and consistent operations as the organization grows. -
Chief Financial OfficerBritish American Tobacco May 2012 - Feb 2014London, GbHead of Finance for BAT's Global Travel Retail (GTR) division. Reporting to the GTR General Manager and Western Europe Region Head of Finance. Managing the Finance, IT, Indirect Procurement and Facilities functions with up to 54 direct and indirect reports. Member of the Management Board of the Swiss entity with overall responsibility for financial leadership and direction for the GTR business. -
Area Head Of Corporate Finance Ukraine, Belarus, MoldovaBritish American Tobacco Aug 2010 - May 2012London, GbDeputy to the Area Finance Director for Ukraine, Belarus and Moldova. Management of the Planning & Reporting and Treasury functions with up to 10 direct and indirect reports. Accountability for Area budgeting process including Operations Finance (local factories in Ukraine and Belarus). Capital investments and working capital planning. Management of foreign exchange, interest rate risk and funding requirements in a highly volatile political and market environment. -
Senior M&A Manager - Globe HouseBritish American Tobacco Jan 2009 - Aug 2010London, GbFor 2 years I was Senior M&A manager based in London, and a key responsible person for acquisition of new factories and distributors in Europe, with responsibility for full investment cycle from raising the fond, sourcing the deal, negotiating and closing the deal, and subsequent integration of the new company. This experience has given me the ability to quickly understand the value drivers for any given business, its path to success, and the financial and organizational resources needed to get there.My role was to consider potential acquisition, take care of due diligence, and get across all the numbers. Also my job was to strike a balance between all this information and demonstrate the value of a new purchase to the board. -
Senior Fp&A ManagerBritish American Tobacco Sep 2007 - Jan 2009London, Gb- Working closely with the leadership team to formulate the business's medium to long term financial and strategic plan- Work with Business Unit heads to build their annual budgets and forecasts- Producing models to project long term growth and determine the impacting business factors- Delivery of competitor analysis, market trends and associated commentary to the Leadership team- Analyzing financial and operational results to better understand company performance- Utilizing BI tools to delivery meaningful insights into business performance- Communicate to senior management the reasons behind the product/department performance and results- Provide detailed analysis and commentary on cost centre results- Reviewing operations and recommending new productivity or cost saving initiatives- Preparing business cases to support new investment, strategic and other business decisions- Reviewing existing processes and procedures to develop recommendations for improvement efforts- Evaluating previous budgets, expenditures to develop and implement future budgets- Communicating results and recommendations to senior management for improvements that will lead to cost reduction, revenue generation and streamlining operations- Provide insights to senior management around financial modelling, forecasts and profitability- Managing a team of Financial and Business Analysts -
Management TraineeBritish American Tobacco Sep 2005 - Sep 2007London, Gb• Comprehensive onboarding to BAT Business and Finance function• A real job assigned at executive level• World-class leadership training in BAT Global Headquarters• Participation in international business projects• Networking & mentorship from senior leaders and other graduates from all over the world -
Marketing Director - Remote JobMoldavian Football Association Jan 2016 - Jan 2017• Implement the marketing strategy succinctly and effectively, clearly outlining purpose, performance expectation, budget requirements and to be responsible for the ROI of all marketing campaigns.• Recruit, manage and oversee the Marketing team: define team structure, work with the People team on hiring, set goals, expectations and performance guidelines.• Select marketing agency partners and review their activities.• Partner with the Development (Technology) team to oversee the ongoing development of and maintenance of the company website and apps.• Manage the global social media presence, from a marketing perspective (as Content has its own social media specialists) within budget, brand and compliance guidelines and track conversion rates to enable any improvements.• Implement a culture of experimentation and innovation across digital channels that will deliver a positive step change in growth, user experience and conversion rate.• Analyze lead generation to provide regular reports to the sales team as well as provide ongoing analysis and reporting of acquisition and CRM activity.• Ensure metrics are in place to track, analyze, optimize, report and recommend on all digital acquisition communications by partnering with the Data team.• Ensure that all campaigns adhere to the overall strategy. Establishing all KPIs and ensuring strong performance against them. Supporting all campaigns to deliver optimum execution.• Provide regular quantitative and qualitative reporting around performance of marketing campaigns, customer strategy and consumer insights to drive change in the marketing approach and measure results as well as evaluation customer research, market conditions and competitor data.• Keep up to date on new marketing trends including the identification and application of innovative technologies within industry and emerging media.• Oversee the brand reputation of company to ensure the image of the company is in line with the vision of the Board.
-
Finance AnalystAgrotehcomert Aug 2004 - Aug 2005
Vasile Lungo Education Details
-
Presidential University Of Public ManagementPublic And Finance Management -
Universitatea Liberă Internațională Din MoldovaBanks And Finances
Frequently Asked Questions about Vasile Lungo
What company does Vasile Lungo work for?
Vasile Lungo works for Team21
What is Vasile Lungo's role at the current company?
Vasile Lungo's current role is Chief Executive Officer.
What schools did Vasile Lungo attend?
Vasile Lungo attended Presidential University Of Public Management, Universitatea Liberă Internațională Din Moldova.
Free Chrome Extension
Find emails, phones & company data instantly
Aero Online
Your AI prospecting assistant
Select data to include:
0 records × $0.02 per record
Download 750 million emails and 100 million phone numbers
Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.
Start your free trial