Elena Bondarenko
Helsinki,18
Summary
Finance professional prepared to manage financial operations and drive organizational success. Proven expertise in budgeting, regulatory compliance, and financial reporting. Known for collaborative approach and adaptability in dynamic environments, leveraging analytical skills and leadership to achieve results
Overview
13
13
years of professional experience
Work History
Financial Controller Wood & Sourcing
International Paper
07.2021 - 11.2023
- Annual planning, forecasting, and reporting cycle for Wood operations & Sourcing, annual budget $700 MM, 9 direct reports
- Provided insightful financial analysis to support executive team in making informed business decisions
- Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis
- Supported executive-level decision making through the development of clear KPIs, financial metrics and dashboards
- SOX controls, variance analysis, analytical tools (Power BI)
- Optimized working capital availability by proactively managing inventory levels, accounts receivable balances, vendor payment terms negotiation
- Improved financial reporting accuracy by streamlining processes and implementing efficient financial controls
- Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
- Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
Financial Controller Wood
International Paper
09.2019 - 06.2021
- Annual planning, forecasting, and reporting cycle for Wood operations, annual budget $100 MM, 6 direct reports
- Enhance the efficacy of financial and operational internal control endeavors pertaining to Wood operations
- Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis
- SOX controls, variance analysis, analytical tools (Power BI)
- Prepared accurate financial reports and monthly statements
- Managed a team of finance professionals, providing guidance, support, and ongoing training to ensure continued growth and development
- Developed comprehensive financial models for strategic planning and decision-making purposes
Financial Director
Walki LLC
08.2017 - 09.2019
- Supervise a plant as a part of an executive group, annual budget €8MM, led a team of 8 employees
- Formulate and execute financial and administrative policies, procedures, and internal control mechanisms
- Undertake budgeting, forecasting, process and control optimization
- Lead committee meetings discussing budgets and related financial decisions
- Evaluated potential outsourcing opportunities for non-core finance activities, resulting in improved focus on strategic priorities.
- Partnered closely with other departments to drive initiatives aimed at achieving overall organizational success from a financial standpoint
- Reduced operational costs through effective budgeting, forecasting, and expense management
Chief Accountant
Walki LLC
05.2012 - 08.2017
- Initiating the establishment of a comprehensive financial, accounting, and administrative system from the ground up for the newly established plant
- Undertaking comprehensive budgeting, meticulous forecasting
- Execution of meticulous financial and taxation reporting, encompassing a strategic shift towards alignment with IFRS
- Set up and improved accounting systems and processes to meet business needs and maximize operational success
- Collaborated with cross-functional teams to develop comprehensive pricing strategies that supported profitability targets while remaining competitive in the marketplace
- Increased efficiency within the accounting department through continuous process improvement initiatives and staff training programs
Audit Assistant
KPMG
10.2010 - 05.2012
- Completed audits in accordance with regulations and procedures
- Provide clients with advisory support
- Performed auditing work in accordance with rigorous auditing standards and principles
- Worked audit engagements for industries in engineering, manufacturing, non-profit and human resources
- Participated in workshops and educational opportunities to build skills set and add value to department
Education
Master's Degree - Accounting and Finance
Saint-Peterburg State Transport University
01-2010
Skills
- Financial Management
- Variance Analysis
- Internal control management
- Process Improvement
- Working capital management
- Cash Flow Management
- Financial Forecasting
- Strategic Planning
Languages
English
Finnish (A2)
Timeline
Financial Controller Wood & Sourcing
International Paper
07.2021 - 11.2023
Financial Controller Wood
International Paper
09.2019 - 06.2021
Financial Director
Walki LLC
08.2017 - 09.2019
Chief Accountant
Walki LLC
05.2012 - 08.2017
Audit Assistant
KPMG
10.2010 - 05.2012
Master's Degree - Accounting and Finance
Saint-Peterburg State Transport University
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