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Vadym Bezpalyi

Finance Director

Dubai, United Arab Emirates

Work Experience

  • Finance Director / PartnerFull Time

    Global Solutions

    Jun 2015 - Present -10 yrs, 3 months

    United Arab Emirates , Dubai

    • Job Details:Finance Management, PRO
  • Group Finance DirectorFull Time

    Centergroup

    Apr 2013 - Dec 2014 -1 yr, 8 months

    Ukraine

    • Job Details:Centergroup (food retail, fashion retail, real estate, cattle and mink farming, solar energy, restaurants ). Revenue USD600 million • Set up financial processes for the holding company • Oversaw, managed and trained 90 people • Negotiated 35 million USD loan financing from banks • Optimized treasury on the holding level - cash flows were directed to several banks and most tariffs were decreased • Reported monthly results - closing and reporting periods were decreased by 2-8 days depending on business • Performed management accounting, including set up for new business (mink, solar energy), re-set up for (cattle), new business incorporation (cattle) and harmonization (cattle, garment retail) • People management: recruited and trained finance team for the Holding company; FDs for 3 subsidiaries were found and recruited • Conducted certification of finance department at recently bought farm where duties were revised and headcount was decreased by a multiple of 2
  • Finance DirectorFull Time

    Metlife- Alico

    Mar 2011 - Apr 2013 -2 yrs, 1 month

    Egypt , Cairo

    • Job Details:MetLife Alico, Assets under management USD125 millions • Responsible for 12 ppl • Closing process optimization which led to improved financial processes for example clear financial statements resulting from pre-closing check • Performed IFRS implementation (project was run without third party consultant’s involvement and extra headcount and achieved savings of 31k USD) • Managed staff development: rearranged duties to strengthen the FP&A department, carried out on-job and third party trainings • Set up purchasing function: policies and procedures were implemented to make the process transparent, pre-payments were gradually reduced and achieved saving 0.1 million USD • Led and executed 2011 and 2012 budget cycles including monthly updates and variance analysis for USD125M assets under management company • Green 2011 and 2012 audit reports from Deloitte • Implemented global corporate investment system • Directed actuarial study to identify key drivers for profitability improvement and balanced strategy was presented to GM and Sales to recover endowment business profitability • Initiated policy separation process to overcome problems with tax authorities • Revised contracts with banks to decrease transaction fees and achieved savings 10k USD
  • FINANCIAL ANALYSIS AND CREDIT CONTROL MANAGER (Ukraine, Russia, Cyprus, Switzerland)Full Time

    Bunge Eastern Europe

    Sep 2006 - Mar 2011 -4 yrs, 6 months

    Ukraine

    • Job Details:Bunge, Revenue USD1.1 Billion • Developed structure and process for budgeting, forecasting, financial planning and analysis, management and business metrics reporting and ensured compliance with company procedures and professional standards • Designed executive and management reporting systems and tailored financial and operating reporting systems to meet requirements of 1.1 billion USD business – Ukraine and Russia (including re-set up after SAP implementation) • Developed Bunge Ukraine Financial Analysis and credit control department from the ground up, including hiring, training and supervising of all staff members • Accelerated cash flow by 0.1 million USD through introduction of tight control over prepayments resulting in annual saving of $100k on external financing • Directed annual plan preparation and review and conducted ZBB for an oil production plant, and implemented 12 month rolling forecasting of financial results (incl. weekly updates of current month performance) • Achieved financial statements credibility, through the strict control over company policies and procedures, utilization and established reasonability checks • Initiated and directed activities associated with computer technology utilization: overheads track and analysis program was implemented for all legal entities • Prepared and conducted financial trainings for Production, Sales, Marketing and HR
  • Education

    • MSc in Economics

      Sumy State University

      Jan 1995 - Jan 2000 - 5 yr

    Skills

    • Microsoft Office
    • Oracle
    • Accounting
    • Finance Management
    • Human Capital Management (HCM)
    • Treasury Management
    • KPI set up
    • Budgeting
    • hfm
    • SAP

    Languages

    • English

      Fluent
    • Russian

      Fluent
    • Ukrainian

      Fluent
    • Arabic

      Beginner

    Training & Certifications

    • ACCA

      ACCA·2004
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