Artak Adamyan

Experience

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  Central Bank of Armenia

  May 1998 - Aug 1999

  Assistant to the Chairman

  • Provided the Chairman with the necessary background information and analysis to facilitate high-level decision-making, often on short timelines and under pressure.• Managed incoming and outgoing communication, drafting and reviewing emails, letters, and reports.• Performed detailed research on various economic, financial, and policy-related topics, providing with timely insights and updates that helped inform key decisions.

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  Baker Tilly Armenia

  May 2001 - Feb 2005

  Senior Auditor

  • Supervised audit engagements and provided consulting services for diverse clients in industries including telecommunications and hospitality.• Led teams in performing audit and consulting services, ensuring compliance with industry standards and regulatory requirements.• Trained and mentored junior staff on audit methodologies, contributing to the professional development of the team.

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  EY

  Jul 2001 - Oct 2001

  Trainee

  • Gained practical experience in audit procedures as part of an internship program, supporting various audit engagements under the guidance of senior staff.

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  Ernst & Young

  Feb 2005 - Apr 2006

  Advanced Staff

  • Advised on financial statement conversion from Russian GAAP to IFRS for telecommunications companies, ensuring alignment with international accounting standards.• Conducted quarterly reviews of financial statements under US GAAP for companies undergoing transformation, focusing on fixed assets, intangibles, and leasing.

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  Deloitte

  Apr 2006 - Apr 2009

  Senior Consultant

  • Led business process development projects, advising clients on the integration of financial and management accounting systems, including a major transition for Yeristovo GOK from Ukrainian GAAP to IFRS.• Designed and implemented financial models for telecommunications and IT companies to improve cost estimation, forecasting, and production efficiency.• Provided strategic advice on ERP system implementation, focusing on IFRS-compliant financial reporting systems for large clients like Metinvest Holding. Show less

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  ELBAT CJSC

  Sept 2009 - Apr 2012

  Chief Financial Officer

  • Directed financial performance assessments, ensuring alignment with the company’s budget, forecasts, and long-term strategic goals.• Implemented a software-based financial reporting solution, streamlining processes, improving transparency, and increasing reporting speed by 20%.• Led risk management initiatives, including cash flow management, investment planning, and mitigating financial exposure.• Managed the preparation and submission of financial statements in compliance with local regulations and IFRS for international stakeholders.• Developed and controlled annual investment budgets and financial plans, ensuring financial strategy was aligned with operational objectives, and reduced operating expenses by 10%. Show less

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  EBRD

  Apr 2012 - Dec 2016

  Associate Banker

  • Led due diligence and financial modeling efforts in debt and equity transactions across agriculture, manufacturing, energy efficiency, and public infrastructure sectors, ensuring alignment with sustainable development objectives.• Collaborated with internal project teams, government agencies, and clients to structure financing deals, securing $250+ million in debt/equity investments.• Provided strategic insights and risk analysis to senior management, contributing to investment decisions and portfolio optimization.• Prepared high-level financial models, approval memoranda, and presentations for senior stakeholders, ensuring timely project delivery and achieving key financial milestones. Show less

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  O2 Gardens

  Mar 2021 - May 2022

  CEO

  • Spearheaded the establishment of a new company in horticulture and landscape architecture, driving the design of organizational structures, financial systems, and business processes.• Developed and implemented a comprehensive financial and operational system, integrating the 1C ERP platform with Bitrix24 and the company's e-commerce site to optimize financial reporting and data management.• Led the development of the company’s budgeting and forecasting process, aligning financial goals with strategic objectives and identifying areas for cost optimization.• Secured participation in the Green Climate Fund review process by preparing documentation for the "Scaling Up Green Finance Practices in Armenia" program, positioning the company for growth and sustainability funding.• Directed HR activities, including the recruitment, hiring, and training of new employees, building a high-performing team for long-term success. Show less

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  Freelance (Self employed)

  May 2022 - now

  Finance Accounting Consultant

  • Led the implementation and optimization of financial systems for diverse clients, improving financial operations, reporting accuracy, and compliance with GAAP and IFRS.• Automated key financial processes such as invoicing, reconciliations, and reporting, reducing manual efforts by 30-50% and improving operational efficiency.• Designed and deployed real-time financial dashboards and custom reporting tools, enhancing decision-making with actionable insights on cash flow, profitability, and performance metrics.• Managed cloud migrations and system integrations, ensuring smooth data transfer, scalability, and enhanced system functionality.• Provided strategic financial advisory services in budgeting, forecasting, and reporting, enabling clients to improve financial visibility and decision-making.• Conducted training sessions for client teams, ensuring successful adoption of new systems and processes, improving user engagement and operational adoption. Show less