Dan Donici

- Coordinating all financial processes of Nestle Moldova

- Leading a team of 4 finance professionals

- Preparation and review of Dynamic Forecasts (Budget) for various categories (Nutrition / Baby Food, Food, Purina, Coffee, Confectionery, CPW etc.)

- Preparation and review of various scenarios for the Dynamic Forecast (DF)

- Alignment with all categories on changes in DF

- Financial reporting according to Nestle Accounting Standards under tight deadlines (Balance sheet , P&L and notes and schedules)

- Improvement and design of processes relating to Total Trade Spend (TTS) and Product Fixed Marketing Expenses (PFME) accruals; bundles; TTS and PFME pre-post ROI assessment etc.

- Driving changes together with HR in the structure of finance department in Moldova in order to increase accent on controlling and financial analysis capabilities of the department

- Preparation of P&L for all new SKUs to be imported, advising on pricing and final approval of pricing

- Driving several waves of price increases across all categories during 2021-2023 in order to protect profitability

- Implementation of process for TTS from sell-out tracking and supervising preparation of reports on TTS and NNS from sell-out at channel, key accounts, sub-category and SKU level. Analyzing data and alignment with team on actions to improve top line, improve mix, reduce / maintain TTS at current level.

- Management of TTS including management and approval of TTS compensation to distributor (discretionary, contractual, free goods, bad goods, CTA, additional placement etc.)

- Leading TASTY project from the market side, for improvement in portfolio by eliminating value diluters, improving profitability for certain SKUs and pushing performers for further growth

- Overview of compliance at Nestle Moldova

- Implementation of almost full change in Portfolio for several Business Units due to changes of sourcing of products from Russia to Europe

• Understanding of business processes of clients from various industries located in Republic of Moldova and Romania
• Assessment of entity level controls and internal controls framework of audit client over various classes of transactions and business processes (Revenue to Cash, Purchase to Pay, Payroll, Fixed Assets, Borrowings, Cost of production, Intercompany balances and transactions, Financial Statement Closing Process etc.) within various ERPs
• Design of internal controls testing for the business processes
• Identification of internal control deficiencies and preparation of recommendations for improvements of internal control
• Discussion of recommendations on internal control improvement and audit adjustments with Management and Board of Directors
• Preparation of audit budget and regular actual to budget monitoring
• Preparation and review of financial statements prepared in accordance with IFRS, and various local GAAPs (Romanian, Moldovan and German
• Management of relation with audit clients and managing audits of companies operating in industries like Oil & Gas (downstream), Manufacturing, Retail, Diversified consumer products, Agriculture, Real estate, Construction, Financial Services (Leasing and Banking), not for profit Projects financed by European Union, World Bank etc.

• Thorough understanding of client business and significant business processes, as well as documentation and testing of internal controls.
• Task allocation, coaching, supervision and review,
• Audit risk identification, documentation and audit response
• Analysis and overall analytical review of Financial Statements.
• Preparation of audit deliverables
• etc.

EY - Ernst & Young SRL - Moldova

PwC (PricewaterhouseCoopers Audit SRL - Moldova)