Elisabeta Ion

Experience

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  A&D Pharma

  Jan 1997 - Dec 2003

  - Selected to implement and develop Internal Audit function. Based on risk assessment and confirmed with Executive Management and Shareholders designed the department’s role, responsibilities, procedures and annual audit plan and budget- Ensured that Internal Audit Department policies and procedures are followed and that adequate resources, training and audit methodologies are made available to fulfill the Internal Audit Department schedule and meet its objectives- Managed the audit staff members to complete special audit-related projects and other duties as assigned by Shareholders Show less

  • Group Internal Audit Manager

    Jan 2003 - Dec 2003

  • Group Finance Manager

    Sept 1999 - Dec 2002

  • Regional Finance and Administration Manager

    Jan 1997 - Aug 1999
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  S.C. Viarom Construct S.r.l.

  Feb 2004 - Jun 2004

  Finance Project Manager

  - Implemented IFRS reporting package and reporting package for management informed decisions

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  Intersnack Group

  Aug 2004 - Jun 2008

  Chief Financial Officer

  - Managed a 22 persons team responsible for accounting and audit, treasury, controlling (sales, plant and overhead controlling, group reporting and cost accounting), taxes and IT.- Implemented MBS Navision ERP system and BW (SAP) for increased accuracy and efficiency in accounting, stock inventory and COGS variances. - Designed and implemented a new financing structure to fund a green field plant investment and working capital - Extended the reporting package for gross margin statements by articles, trade clients, sales channels and brands/private labels. This enabled us to identify significant saving potentials which drove a turnover increase by 200% and profit growth of 20% Show less

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  ECE Projektmanagement G.m.b.H. & Co. KG

  Jul 2008 - Dec 2008

  Chief Financial Officer

  - Managed responsibility for F&A covering accounting, controlling, finances and taxes and audit related to several entities.- Developed and recommended financial strategy for each object company

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  Novartis

  Dec 2008 - Jan 2016

  - Partnered with Management and led cross – functional partners to deliver growth. Key contributor to strategic portfolio rejuvenation by increasing share of innovative, patent protected launches and bottom line protection- Functional responsibility for assessment and/or implementation of corporate strategic initiatives like: i. NBS (shared services hosted by Novartis for 3 divisions including Sandoz and Alcon for FRA, IT, Procurement) ii. Portfolio transformations e.g. divestments and investments- Project sponsor for fully fledged CPO ( import and distribution legal entity establish) and SAP- Managed 50 associates team in financial planning and budgeting (BPA), accounting, reporting and SOX controls (FRA), IT, procurement, supply chain. - Member of Country Leadership team Romania and Finance Leadership team CEE. Show less - Expanded budgets responsibility, target allocation and dynamic resource reallocation according to market potential and team capability for a newly created cluster covering 13 markets (ROB Cluster: Romania, Ukraine, CIS - Kazakhstan, Belarus, Uzbekistan, Azerbaijan, Kyrgyzstan, Georgia, Tajikistan, Turkmenistan, Mongolia, Armenia, Moldavia)- Implemented and tracked a model outlining foreign exchange implications on the direct markets results- Managed effectively the risk during economic crisis and political turmoil (e.g. military conflict in Ukraine in 2014), mitigating credit exposure (no payment defaults) and protecting the bottom line- Sponsored annually realized productivity targets, cash flow and working capital improvement trough process re-engineering, investment reallocation and major top line growth initiatives- Managed 40 associates team re-positioning finance team as strategic business partner by strengthening financial capabilities through effective recruiting and strong talent development agenda’ Show less - Selected as Head of Finance to turn around a $30M business. Increased sales by 50% and gross margin by 60%.- Reorganized the legal structure by establishing a multidivisional legal entity for Pharma and NCH (OTC). Project manager for new entity, SAP FI/CO rollout- Managed 20 associates team in financial planning and budgeting (BPA), accounting, reporting and SOX controls (FRA), IT, procurement, supply chain.- Reduced obsolescence risk of $12M leading cross-functional initiatives to mitigate new healthcare law and to sell off products using different strategies Show less

  • Country CFO

    Oct 2014 - Jan 2016

  • Country CFO Romania and ROB Cluster CFO

    Jan 2012 - Sept 2014

  • Head of Finance and Administration

    Dec 2008 - Dec 2011
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  Undisclosed

  Aug 2016 - now

  Group CFO