Yury M.

Experience

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  Razgulay Group

  Mar 2000 - May 2005

  Investment specialist, economist, budget specialist, management accountant, deputy head of treasury
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  Kaspersky Lab

  Jun 2005 - Jun 2013

  CFO Emerging markets (CIS, EEMEA, LA); Director Global FP&A; Head of Treasury

  - Formed Finance department for the region (10 local offices)- Built a global controlling function- Created and built the Treasury function from scratch- Responsible for the company's total budget of $800 million- Improved planning and budget execution accuracy from 66% to 99%- Developed and implemented a unified global budgeting policy- Successfully prepared and managed requirements and managed implementation of a Global budgeting system, Oracle Hyperion Planning- Managed the opening of 2 new foreign offices (Brazil and Mexico)- Led bonus calculation for 200 employees of the division- Established proper communication between the regional division and headquarter's staff- Raised $3 million in funds using different instruments including factoring- Implemented a project to pay wages with bank cards- Participated in various projects for documenting and improving financial business processes (which allowed to speed up the reporting period for several days, fix the segregation of duties between controllers and accountants, reduce the maturity of AR for 10 days, return $6 million of overdue receivables). Show less

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  Private finance advisory practice

  Jun 2013 - Dec 2016

  Self Employed

  Consulted IT start-ups on Finance issues (how to prepare a business plan, a budget, etc.)

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  DI Telegraph

  Mar 2017 - May 2017

  Senior Finance Manager

  Multifunctional space in the center of Moscow, combining a conference hall, meeting rooms and co-working.- Introduced "best practices" regular management reporting- Evaluated amount of funds to be raised (13 million Rubles)- Developed business model of a merged company (proving increase of profitability from 23% to 37%)- Prepared an information package for potential investors- Negotiated with banks on obtaining funds for the purchase of equipment (bank loan, leasing)

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  Blackwood Real Estate Inc

  Jun 2017 - Aug 2017

  Chief Financial Officer

  A consulting company (~100 employees), a leader in the luxury real estate market.- Implemented management reporting- Budget optimization (15% cut)- Reduced overdue tax debts by 3 million Rubles- Returned receivables worth about 10 million Rubles- Prepared a new business model of the company's activities- Raised additional financing of 16 million Rubles- Took time off to manage family matters

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  ACRA Rating Agency

  Apr 2019 - Jun 2020

  CFO

  The biggest Russian authorized credit rating agency founded in 2015, more than 100 employees.- Developed long-term strategy of the company (a financial business plan for the next 5 years that included a cash flow statement and a profit and loss (income) statement)- Prepared USD 8 million budget- Built management reporting system from scratch (a set of templates for regular management reporting designed for reporting to top management, board of directors and shareholders)- Managed $50 million investment portfolio- Successfully managed cash flows (avoided cash deficiency, returned receivables of more than $300k)- Implemented management accounting software (Bit.Finance)- Conducted Executive presentations to the Board of Directors- Financial audit in one of Big4 companies- Developed internal policies Show less

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  N\a

  Oct 2022 - now

  Self Employed consultant

  Consulting on financial modelling and preparation of an investment memorandum

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  Fintech start-up / Payments industry

  May 2023 - now

  Head of Finance

  Payment solution providing B2B white-label financial services (virtual and tokenized cards issuing, mass payouts, etc.)- Led partnerships with banks and fintech providers (card issuing and processing companies, software developers) across the US, EU, and South-East Asia- Developed strategy for implementing plans with vendors (more than 10 feasibility studies)- Strategic financial planning (up to $500 million in turnover in 2024)- Business planning and evaluation of investments- Cash flow management on a daily basis- Customer support Show less