Mihaela Dragoescu
Bucharest
Summary
A highly motivated and skilled finance manager with 17 years' experience mainly in FMCG. Professional, team player with a proven track record for first class business driver and stakeholder's management. A broad knowledge of a wide range of financial practices, including commercial finance, supply chain - manufacturing, budget handling and forecasting. An excellent team worker with a can-do approach to problem solving and resolution. Extremely meticulous with an eye for detail and positive outlook in often complex financial landscapes.
Overview
17
17
years of professional experience
Work History
Accounting & Tax Onboarding Project Manager
TMF ROMANIA
03.2020 - Current
- Delivered all Global OnBoarding Implementation Projects in line with recognized best practice methodology (managing risk, governance, quality assurance, issue resolution, reporting)
- Main point of contact for clients and internal stakeholders for Projects assigned.
- Ensured the contracted services were delivered, and managed any deviations through correct Contract & Change Management standard (i.e. Change Requests, Addendums, etc)
- Produced relevant global, regional and/or local project plans to manage interdependencies; aligning with Clients and internal stakeholders to ensure dates are achievable and Project Plans are kept up to date
- Managed the project end-to-end and all it's deliverables (Internal briefings, Kick Off Calls, Status Updates, SteerCos etc)
- Created and maintained all required project output (Project Plans, RAID logs, Stakeholder lists, Governance plans, Comms plans, etc) - for further specifics approach line manager.
- Ensured any BAU requirements were set up with the appropriate teams (SLAs, KPIs, Tools, etc), and a compliant handover was performed
- Monitored the projects assigned, ensuring issues were resolved in a timely manner and the appropriate corrective actions were implemented, escalating appropriately where required
- Performed Lessons Learned where appropriate and shared with relevant stakeholders
- Established and maintained relationships with both clients and local delivery teams throughout the Implementation phases
- Delivered required A&T outputs to clients as/when required (data packs, calendars, etc)
- Provided solutions to the client for issues/gaps that appeared during the Implementation life cycle
- Worked closely with Solution Architects, Sales, internal teams in order to ensure aligned approach
Senior Finance Manager
Decision Support Group Functions
04.2019 - 09.2019
- Coordinate Finance Transformation project (knowledge transfer, service readiness testing and Go-live) for Group Functions handover to the new Finance Center of Excellence
- Support Finance Business Partners and business leaders in setting and implementing the Decision Support strategy for an area of the business
- Collaborate with the Centre of Excellence (CoE) Reporting team to create presentations that assist in understanding progress towards achieving performance targets and highlight key impacts
- Drive the creation of models/financial analysis tools to perform analysis
- Provide dedicated support and insightful financial analysis to track business performance, facilitate decision making and drive the business
- Responsible to deliver plans, budgets, and forecasts
- Lead a Decision Support team (i.e
- Staff, manage and motivate a team of direct reports) to drive performance, operational effectiveness and consistently high levels of service in accordance with the defined strategy.
European Overheads Finance Manager
GBS Kellogg
05.2018 - 01.2019
- Supervised a team of 10 Finance Business Partners to deliver standardized processes
- Coordinated month and quarter-end closing processes, Forecast and Annual budget for overheads - improved team SLA's from 65% to 95% in just four months
- Reduced cost by $2M - founding the growth (saving opportunity and efficiency spending)
- Developed and documented business processes and accounting policies to maintain and strengthen internal controls
- Unlocking capacity through process enhancement and standardization opportunities
- Re-engineering the overheads processes overall Europe - reduced month end closing by one day.
European Supply Chain Finance Business Partner for Cereal Category
GBS Kellogg
10.2016 - 04.2018
- Targeted continuous improvement initiatives across manufacturing financial processes
- Presented standard monthly manufacturing pack, consolidated Global reporting and Bi-Annual benchmarking submission
- Business partner with the Category SC Finance Directors and other key stakeholders to provide visibility of significant variances from budget/ forecast spends and identify risk mitigation plans
- Coordinated the Labour and Burden Chart of accounts simplification on manufacturing, by benchmarking alignment on nature of cost for each GL account for both Cereal and Snacks categories.
Global Senior Financial Analyst
Federal Mogul Motorparts
01.2015 - 09.2016
- Prepared comprehensive executive summaries for fixed cost variance analysis and work with site finance on clear and meaningful explanations; present and explain performance to functional leaders & senior management
- Coordinated financial forecasts (revenue till EBITDA) on short term, yearly budget, strategic plan
- Track and measure cost-reduction initiatives - 10% Travel reduction
- Developed reports to offer visibility on each function actual spending versus budget.
Sales&Distribution Finance Coordinator
URSUS Breweries
12.2013 - 12.2014
- Budgeting, Forecasting and Financial Reporting
- Performed 'As is' analysis of the beer market at channel/territory/brand/pack/price segment/beer type level in order to understand 'Where & How' to play in the market and developed an integrated activity plan for the company
- Built a database at SKU level, offering visibility on P&L calculated till MEBITA), understanding of the commercial activities behind the commercial budget/forecast and provide support for optimization of the spend
- Management month end closing and reporting and coordinated initiatives for improving the regional profitability/sales spent.
Budget&Planning/Commercial Finance analyst
Colgate Palmolive
10.2010 - 12.2013
- Executed Sales growth & Margin analysis Actual vs Budget/LE by category, subcategory, segment, sub-brand and advised the key drivers on month end performance
- Managed the submission of monthly P&L by Category and subcategory
- Accountable of monthly financial advertising (media and promo) closing
- Monthly follow-up on KPI's tracker (Volume, Net sales, Margin and ASP) comparison Actual vs Budget, LE by segment
- Reviewed quarterly investment based on promotion plans
- Coordinated and prepared the annual budget and mid-year review with US board
- Operated weekly price list (promotion, regular products) and price list maintenance in SAP SD; investigated price differences required by customers in order to reduce AR locked invoices for payment.
Senior Treasury Analyst
Colgate Palmolive
09.2008 - 09.2010
- Orchestrated Cash forecast, bank accounts and credit cards management, hedging and loan agreements increased bank interest by 20% due to cash forecast accuracy
- Coordinated the global finance transformation project on Treasury.
Finance and Accounting Analyst US GAAP
Colgate Palmolive
10.2006 - 08.2008
Education
Master's degree - National and international audit concepts and practices
The Bucharest University of Economic Studies - ASE
06.2008
Bachelor's degree - Accounting and Management Information Systems
The Bucharest University of Economic Studies - ASE
08.2006
Skills
- Strong leadership and stakeholders management
- Detail-oriented, with strong organizational, analytical and communication skills
- Ability to identify and lead problem solving activities
- SAP FI-CO, MM product, SD pricing; SAP HANA; Anaplan planning ZBB and reporting FP&A; Netsuite, Tableau, Onestream
Languages
English
Timeline
Accounting & Tax Onboarding Project Manager
TMF ROMANIA
03.2020 - Current
Senior Finance Manager
Decision Support Group Functions
04.2019 - 09.2019
European Overheads Finance Manager
GBS Kellogg
05.2018 - 01.2019
European Supply Chain Finance Business Partner for Cereal Category
GBS Kellogg
10.2016 - 04.2018
Global Senior Financial Analyst
Federal Mogul Motorparts
01.2015 - 09.2016
Sales&Distribution Finance Coordinator
URSUS Breweries
12.2013 - 12.2014
Budget&Planning/Commercial Finance analyst
Colgate Palmolive
10.2010 - 12.2013
Senior Treasury Analyst
Colgate Palmolive
09.2008 - 09.2010
Finance and Accounting Analyst US GAAP
Colgate Palmolive
10.2006 - 08.2008
Master's degree - National and international audit concepts and practices
The Bucharest University of Economic Studies - ASE
Bachelor's degree - Accounting and Management Information Systems
The Bucharest University of Economic Studies - ASE
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