Yakov Rybakov, Mba Email & Phone Number

East Brunswick, NJ, US

New York, NY, US

• Oversee approximately $100 million of annual trade finance operations including letter of credit processing with financial institutions and international clients and managing documentary collection procedures
• Monitor compliance of various trading instruments and activities; estimate profit-loss schedules based on terms of sale and manage accuracy of incurred financial expenses
• Construct and maintain offsetting currency trade transactions in excess of $50 million per annum using forward (“window”) and SWAP agreements to hedge receivables against foreign exchange exposure; control proper.
• Negotiate open term agreements with long standing/new worldwide customers and obtain trade credit insurance coverage to minimize delinquencies and avoid bad-debt losses
• Utilize trend and variance analysis to project firm’s financial position based on strategic decisions; present overview of results to company’s president and provide improvement recommendations
• Orchestrate enhancements in all major aspects of accounting/financial operations with global financial institutions while achieving over 20 percent reduction in overall expenses

New York, NY, US

• Produced quarter-end and year-end financial statement disclosures for US based international trading company with approximately $350 million in annual revenues
• Acted as liaison between financial director and auditors in compiling required supporting schedules and responded to audit inquiries
• Prepared manual and automated accounting entries; documented support for monthly accrual journal entries; reviewed monthly, quarterly and annual operating results of firm
• Generated monthly reports utilizing internally built access database to secure marine insurance for containers and break bulk shipments sold on Cost Insurance Freight (“CIF”) basis
• Reconciled accounts payable and accounts receivable between monthly statements provided by banks and internally managed accounting system to validate accuracy of reported transactions
• Organized and maintained inventory and products in transit reporting system for both domestic and overseas shipments; corresponded with vendors and customers located in different countries to settle invoices, resolve.

New York, NY, US

• Managed team of ten employees; coordinated ongoing training on providing an outstanding customer service and resolving complaints through use of individualized problem solving techniques
• Performed order entry, tracked purchases and maintained constant communication with vendors and various advertising and distributing companies
• Increased store inventory and expanded purchases; responsibilities included ordering, merchandising, customer service, and all facets of running a department store
• Rewarded for increased sales through use of aggressive store-wide marketing campaign and more attractive department layout and setup of vendor’s displays

Mba, Accounting

Bachelor'S Degree, Economics/ Finance