Ivelina Koleva
Financial Controller
Sofia
Summary
Self-driven and highly accomplished Segment Controller EMEA Supervisor with over 10 years of extensive experience in accounting and controlling within international environments. Proven expertise in financial analysis, comprehensive accounting, and timely reporting across various group companies and branches, adhering to Bulgarian accounting legislation and IFRS. Adept at operating within Sarbanes Oxley (SOX) internal control requirements. Demonstrated leadership in managing month-end close cycles, cash flow forecasting, and complex reconciliations. Played a pivotal role in ERP data migration and testing (SAP, Microsoft Dynamics AX, Workday). Experienced in coordinating annual audits, statutory financial statements (SFS), corporate income tax (CIT) returns, and maintaining strong relationships with internal and external stakeholders, including government institutions and auditors. Seeking to leverage field expertise and leadership skills in a challenging and impactful role within a global life sciences company.
Overview
18
18
years of professional experience
6
6
years of post-secondary education
2
2
Languages
Work History
Segment Controller EMEA Supervisor
Fortrea
12.2021 - Current
- Responsible for ensuring complete, accurate and timely accounting, reporting and compliance for various group companies and branches
- Perform month-end closing activities and prepare monthly financial reports, investigating significant variances in financial statement analyses
- Prepared balance sheets, cash flow reports, income statements and balance sheet reconciliations
- Prepare monthly/quarterly/annual VAT returns, annual audits, statutory financial statements (SFS), corporate income tax (CIT) returns and statistical reports
- Provide all required information and documentation to local service providers
- Assist with the completion of all external, internal and special audits
- Maintain strong internal relationships with Compliance, IAS and Payroll; as well as external relationships with local service providers, advisors and auditors
- Make recommendations for improvements in processes and/or quality of information reported and assists with implementation of action plans
- Prepare accounting entries in accordance with relevant accounting standards and policies
- Operate in accordance with Sarbanes Oxley (SOX) internal control requirements
- Support the set-up of new companies and branches
- Complete ad hoc projects and tasks as required
General Accountant
Lufthansa Technik Sofia OOD
06.2016 - 12.2021
- Ensured the correctness of General Ledger (G/L) entries in SAP.
- Prepared journal entries for accruals and variances, adhering to defined deadlines.
- Executed month-end and year-end close cycles, including data entry in the Group Consolidation System.
- Prepared monthly financial reports: Profit and Loss Statement, Balance Sheet, and Cash Flow Statement.
- Coordinated the annual report and audit processes, demonstrating a sound background in withholding tax documentation.
- Collaborated with other departments and prepared reports and statements for management.
- Provided guidance and mentorship to other team members.
Accountant
Bulpros Consulting LTD.
01.2016 - 05.2016
- Participated actively in the data migration process to ERP Microsoft Dynamics AX.
- Conducted daily ERP testing updates to ensure system integrity.
- Prepared monthly financial reports and cooperated effectively with various audit types.
- Managed recording of accruals and reversals, ensuring proper billing and payment periods.
Deputy Head Accountant
Buldecor Ltd
06.2012 - 12.2015
- Oversaw daily financial transactions, including accounts payable/receivable, general ledger, and reconciliations.
- Participated in regular tax audits and cooperated effectively with external auditors and tax authorities.
- Responsible for the monthly close process and preparation of documentation for monthly VAT returns.
- Supervised a team of four junior accountants, conducting monthly meetings for performance review and guidance.
- Verified invoices and postings in the ERP system, monitored bank and cash balances, and responded to ad-hoc requests.
Accountant
MDL Service Ltd
06.2010 - 06.2012
- Verified invoices and managed postings within the ERP system.
- Monitored bank and cash balances, ensuring accurate financial records.
- Participated in the operational accounting process and prepared internal and external ad-hoc reports.
Junior Accountant
Custom Spedition Agency Sofia
12.2007 - 12.2008
- Performed daily bookkeeping of invoices and managed banking communications with financial institutions.
- Assisted the chief accountant in processing VAT declarations and VAT-related activities.
Education
Master of Accounting and Control -
VUZF University of Finance, Business And Entrepreneurship
Sofia01-2011
Bachelor of Finance -
VUZF University of Finance, Business And Entrepreneurship
Sofia, Bulgaria 01.2009 - 01.2011
High School Diploma -
32nd Language Secondary School
01.2005 - 01.2009
Skills
- Accounting & Finance: Financial Analysis, Budgeting, Forecasting, General Ledger, Accounts Payable, Accounts Receivable, Month-End Close, Financial Reporting, Reconciliation, Audit Management, Tax Compliance (Bulgarian Legislation, IFRS), Withholding Tax Documentation, Sarbanes Oxley (SOX) Compliance, Statutory Financial Statements (SFS), Corporate Income Tax (CIT) Returns, Statistical Reporting
- ERP Systems: Workday (Advanced), SAP (FI), Microsoft Dynamics AX, BusinessNavigator
Interests
Driving Licence: B, Hobbies & Interests: Home workouts, Spinning
Timeline
Segment Controller EMEA Supervisor
Fortrea
12.2021 - Current
General Accountant
Lufthansa Technik Sofia OOD
06.2016 - 12.2021
Accountant
Bulpros Consulting LTD.
01.2016 - 05.2016
Deputy Head Accountant
Buldecor Ltd
06.2012 - 12.2015
Accountant
MDL Service Ltd
06.2010 - 06.2012
Bachelor of Finance -
VUZF University of Finance, Business And Entrepreneurship
01.2009 - 01.2011
Junior Accountant
Custom Spedition Agency Sofia
12.2007 - 12.2008
High School Diploma -
32nd Language Secondary School
01.2005 - 01.2009
Master of Accounting and Control -
VUZF University of Finance, Business And Entrepreneurship
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