Ekaterine Papiashvili

Experience

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  Deloitte

  Oct 2011 - Sept 2013

  Audit Assistant

  - Prepared business process descriptions and analyses for clients. These included detailed reports of operations, documents, and control mechanisms for manufacturing, services, and retail industries with over $200 million in turnover.- Participated in testing, preparing financial statements, and audit reports per IFRS for 10+ clients in various sectors, including manufacturing, services, and retail, with a turnover of over $200 million.- Performed detailed control environment reviews and testing for multiple business cycles to ensure that robust processes were implemented in the organization. Show less

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  Cresco Consulting

  Sept 2014 - now

  Founder

  - Served as a fractional CFO and controller at 10+ startups. Established accounting and reporting systems; introduced relevant financial controls; managed daily operations and supported long-term decision-making processes.- Conducted thorough financial analysis by putting together financial statements, forecasts, flexible budgets, and analytical dashboards for more than 50 companies, including early-stage startups and entities with over $20 million in revenue.- Facilitated fundraising of $30+ million for 10+ entities, devising business plans, financial models, and investor presentations. Industries included tech, manufacturing, services, retail, hospitality, healthcare, agriculture, and construction.- Prepared complete packages of IFRS-compliant financial statements for tech, manufacturing, distribution, and retail businesses with over $50 million in turnovers. Show less

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  GT Georgia

  Sept 2015 - now

  Fractional CFO

  - Joined the company at an early startup stage as Fractional CFO and supported its growth to an ongoing revenue exceeding $2 million. Set up and maintained initial accounting, reporting, and control systems.- Provided ongoing monitoring of all finance-related processes, including review of methods and control systems, analysis of financial statements and operating data, cash flow management, and ad-hoc support as needed by the management.- Established budgets and analyzed actual results against budgeted figures to monitor deviations and control the operations, ensuring the company effectively manages its cash. Raised $250,000 to finance business expansion. Show less

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  Bank of Georgia

  Oct 2015 - May 2019

  - Prepared weekly, monthly, quarterly, and annual managerial reports covering more than 200 entities for the Group's management. The reports included P&L analysis, forecasts, budgets, liquidity, covenants, FOREX, and analytical dashboards.- Prepared reports for external investors and the public, including audited financial statements, annual reports, and investor presentations for a holding listed among the largest 250 companies on the London Stock Exchange (FTSE 250).- Appointed as an intermediate controller for six months to implement systems and procedures in a subsidiary manufacturing beverages, which was on the verge of failing an audit because a new accounting and reporting system was not set up properly. Show less

  • Risk Manager

    Feb 2018 - May 2019

  • Senior Analyst

    Oct 2015 - Feb 2018
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  International Black Sea University

  Feb 2018 - Feb 2023

  Invited Lecturer

  Delivered core courses in finance to undergraduate and postgraduate students for five years. Courses include financial reporting, consolidated financial reporting, managerial finance, and investment analysis.

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  Leo Institute

  Jun 2019 - May 2024

  Fractional CFO

  I joined the company at incorporation and set up financial infrastructure including accounting, reporting, analysis, and budgeting. The systems helped the CEO to identify operating KPIs, set clear targets, and navigate through challenging times. Running sensitivity and scenario analysis helped us reveal key factors affecting cash flow and profitability and allowed us to outperform set goals during COVID-19.

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  Toptal

  Mar 2020 - now

  Finance Specialist

  Finance expert working as a contractor on various short and medium-term international projects. Samples of work completed include budgeting, financial modeling, and post-merger support specialist.

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  Geisel Software, Inc.

  Feb 2023 - now

  Fractional CFO

  Responsible for managing day-to-day operations, ensuring that the existing business runs smoothly by implementing sound financial processes.Help drive business success by providing financial insights that lead to better decisions in a high-growth startup by developing best-practice financial reporting and KPIs to give the CEO visibility over the company's financial status, including the P&L, cash flow, and balance sheet.