Darius Undzenas

Darius undzenas

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location of Darius UndzenasVilnius, Vilniaus, Lithuania
Followers of Darius Undzenas2000 followers
  • Timeline

  • About me

    CFO at Novaturas group

  • Education

    • Stanevičiaus

      -
    • Vilnius college

      2002 - 2005
      Finance
    • Vilniaus universitetas

      2005 - 2009
      Business management: accounting and auditing
  • Experience

    • Infleks uab

      Mar 2006 - Sept 2008
      Chief accountant
    • Gcw uab, tokyo uab, grand casino world uab

      Sept 2008 - Oct 2010
      Chief accountant

      UAB "LTk CAPITAL" Group

    • Kruzas nordic cosmetics distribution, uab

      Oct 2010 - Sept 2011
      Financial analyst
    • Berner lietuva, uab

      Sept 2011 - May 2018
      Group cfo

      Functions:• Management of Finance department• Control of company’s accounting policies• Financial planning and related advices to the chief executive and senior management• Budgeting and setting financial targets in accordance with the strategy determined by the board (participation in meetings of the Board)• Overall control of all financial transactions and accountancy matters, including audit systems• Corporate finance: management of company’s policies regarding capital requirements, debt, taxation, equity and acquisitions• Working capital and cash flow forecasting• Preparation of monthly reports to Management Board • Maintenance of regulatory requirements• Risk management• Processes analysis and development• IT project managementAchievments:• Restructured Finance department to reduce workload by 50% and headcount by 50%• Created obselet inventory monitoring system and it helped to reduce amount 2 times• Implemented MRP process to improve inventory turnover ratio and ROI• One of the key roles in successful M&A deal with new shareholders• Implemented SAP ERP in Baltic countries• Designed, implemented and tracked new dashboarding system with Power BI• Integrated a large brand portfolio acquisition adding 70% more revenue in Estonia• Implemented warehouse management system. It helped: to increase space usage 20%, to decrease number of errors by 50%, to have faster delivery, to use more efficient and motivated salary system Show less

    • Uab me investicija (girteka group)

      Oct 2018 - Apr 2021
      Finance control group manager

      During 3 successful years at the biggest transportation company in Europe (with its own fleet), I was responsible for and succeeded in:- Managing accounting teams in Lithuania, Poland and Germany (more than 70 employees) - Participating in various business projects to support financial and taxation aspects- Conducting ad-hoc analyses for stakeholders to make right business decision- Controlling the month-end closing process to provide accurate data for analysis and consolidation- Participating in the group budgeting process - Engaging in business development projects in Poland and Germany, and being responsible for implementing the finance function (ERP implementation, team recruitment, new companies establishment) and achieving efficient tax policy implementation Show less

    • Uab transmėja

      Apr 2021 - Oct 2024
      Cfo
    • Novaturas group

      Oct 2024 - now
      Chief financial officer
  • Licenses & Certifications

    • Acca

      Association of chartered accountants certifications