Ioana Ceanga (Ţabără), FCCA, EMBA

After ten years of working for Vimetco Group, I decided to take one year off to graduate the EMBA (in which I enrolled in 2016), get some rest and do some traveling.

I established strong business relations with external auditor to discuss important issues, such as management's errors, breaches in the internal control, and issues related to preparation of financial statements. I formulated annual report containing information regarding company's activities throughout the preceding year, as well as allocated resource to carry out tasks. I facilitated CFO in conducting complex analysis, including creating comprehensive presentation of the past 5 years results and estimating share value of company by applying several valuation methodologies. I revised monthly internal financial reports and delivered to CFO. I attended board meetings for discussing and resolving issues and providing expert advice regarding financial reporting matters. I monitored entire accounting function to assure compliance with IFRS. I co-ordinated reporting activity (internal and external). I contributed as team member in ad-hoc projects, such as raising syndicated financing, business restructuring, and M&A. Following are some of my key accomplishments while holding this position: ● Steered all reporting activities for making effective management decision, involving reporting to Bucharest Stock Exchange regularly and improving content and format of reports to increase transparency. ● Introduced business planning software (IBM Cognos - TM1) to conduct in a more reliable and efficient manner sensitivity/scenario analysis. ● Developed internally Investor Relations function for combining finance, communication, and marketing to effectively control flow of information between public company, investors, and other stakeholders. ● Co-ordinated the transition to International Financial Reporting Standards (IFRS). ● Automated the reporting process to drive efficiency, provide transparency, and facilitate compliance for repeatable procedures.

I created presentations for board of directors for presenting group financial performance on quarterly basis, highlighting the most relevant events. I administered budgeting process. I composed and published annual and half-year reports for the group. I fostered relationship with external auditors from the moment of negotiating contract up to the discussion of management letter points. I delivered expert advice with respect to the appropriate IFRS accounting treatment for complex transactions (i.e. embedded derivatives, hedge accounting, and transactions under common control). I participated in strategic projects, involving delisting, M&A, SPO, debt restructuring, etc. I collaborated with Dutch fiscal consultants to discuss regular income tax returns, country by country reporting, and changes in the current Dutch legislation with effect to current shareholders’ structure. Managed virtual team in Hong-Kong. Following are highlights of my key accomplishments: ● Tactfully negotiated with fiscal authorities an applied fiscal treatment which led to a saving of 2M USD. ● Built team from zero to 6 ACCA qualified professionals to efficiently execute tasks for achieving defined goals, reducing costs by 7M USD in 8 years. ● Saved 2M USD/year via reducing business cost by utilising innovative methods. ● Managed the inter-company cash flow in such a way as to secure the group entities can meet their due debts even during stressed periods. ● Visited China at least twice a year to attend meetings with local management staff, as well as remotely monitored Hong-Kong team. ● Worked with colleagues and business partners from Romania, China, Switzerland, The Netherlands, UK, Russia, and Sierra Leone.

I delivered operative accounting advice/updates regarding securitisation, derivative contracts, fair value measurement, and effective interest rate to financial institutions staff. I supervised and guided audit team for improving audit quality. I developed clients’ financial statements by following IFRS/national accounting standard and necessary procedures in compliance with legislation in force. I designed financial modelling to represent performance of financial asset or portfolio of business, project, or any other investment. My accomplishments are as follows: ● Formulated accounting manual for non-banking financial institutions. ● Led analysis of fees paid by the stock exchange brokers in Romania to sustain need for reducing their levels in order to support capital market development.