Can Varol

Experience

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  American Bar Association Rule of Law Initiative

  Aug 2004 - Apr 2006

  Grants Manager

  Managed an award portfolio totaling over $22M in USAID and Department of State grants and cooperative agreements. Reviewed financial reports and monitored sub-awardees to ensure compliance with donor requirements (OMB circulars A-110, A-122, and A-133) and company policies.

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  Booz Allen Hamilton

  Apr 2006 - Feb 2011

  Associate

  - Task Lead for grants management support the National Institute of Child Health and Human Development (NICHD) in managing its Recovery Act (ARRA) appropriations ($327M)- Task Lead for providing post-award monitoring support to the National Science Foundation (NSF) in managing its award portfolio management of $19 billion.- Consultant to the Department of Homeland Security (DHS) supporting development of performance measures required by the Office of Management and Budget- Consultant to the Grants.gov supporting the OMB clearance process of government-wide forms Show less

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  Chemonics International

  Mar 2013 - Oct 2013

  Senior Advisor for Compliance and Finance

  Managed the finance and compliance platform utilized by multiple contracts operating out of the Chemonics compound in Kabul.

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  Chemonics International

  Feb 2015 - now

  Serves as a financial partner to the President and CEO and other Executive Vice Presidents to set the company’s financial direction and strategy. Oversees Chemonics’ corporate finance and administration functions, including treasury, accounting, capital structure, along with the organization’s overall budgeting and financial reporting. Provides strategic direction and financial oversight of corporate financial operations to ensure continued business growth, and that the company delivers on its mission, strategic goals, and objectives. Oversees all aspects of Chemonics’ financial success, including setting priorities, tracking cash flow, analyzing strengths and weakness in the company’s finances, and ensuring financial functions are streamlined and optimized. Advises the CEO and the Board of Directors on how to optimize the company’s capital structure, and ensures they are apprised of the financial position of the company, its performance, and all other financial issues facing the company. Ensures the company’s financial control environment, ensuring that appropriate processes, controls, and systems are in place for all company’s operations. Serves as a corporate officer and provides advice to the President and CEO, Executive Vice Presidents, and Senior Vice Presidents on corporate financial matters related to Chemonics’ global workforce by demonstrating Chemonics’ core values and utilizing effective management and inclusive leadership principles. Show less Reported to the CFO and manages up to 20 individuals performing financial planning and analysis, treasury, cash management, account receivables, and overseas accounting functions. Negotiated successive syndicated credit agreements (2019 and 2022) reducing company’s borrowing spread. Negotiated treasury services and implemented straight-through transaction processing that reduced monthly analysis costs by 66% and enabled the company to pay in over 140 currencies. Managed the company’s capital structure with the CFO and serves on executive team and provides strategic advice to the CEO and the board on financial performance and capital structure matters. Implemented policies for mitigating foreign exchange and interest rate risk using derivatives. Developed the company’s ESOP repurchase obligation study, forecasted to generate cash flow savings. Lead formulation of the consolidated corporate annual operating budget and monthly and quarterly corporate financial reporting and analysis. Developed 5-year forecasting model for the annual ESOP share price valuation process and to inform pricing strategy. Supported the CFO in optimizing the company’s indirect rate structure through financial modeling of indirect rates. Contributed to the periodic cost accounting disclosure statement updates. Performed financial forecasting due diligence on potential targeted acquisitions. Participated in the implementation of Microsoft Dynamics 365 for Finance and Operations (D365) as the company’s new enterprise resource planning (ERP) system. Show less

  • Chief Financial Officer

    Sept 2023 - now

  • Treasurer

    Apr 2016 - Sept 2023

  • Director of Finance and Compliance Review

    Feb 2011 - Apr 2016

  • Deputy Chief of Party

    Feb 2015 - Jul 2015