
Vsevolod Vilchynskyy
Experienced CFO with a proven 15+ year track record in finance, accounting, audit, and risk management.
Led financial operations for midsize businesses and subsidiaries of international corporations across diverse industries, including e-commerce, logistics, manufacturing, trading, and aviation services.
Demonstrated expertise in strategic thinking, effective capital market communication, and motivating teams to achieve exceptional results.
Experience
August 2023 - nowCFO
[NDA] Company, Barcelona, Catalonia, Spain
The company is pioneering a new era of trading with cutting-edge platform built on innovative AI, ML, and blockchain technologies. With a relentless focus on innovation, transparency, and efficiency, it is revolutionizing the way of trading.
April 2023 - nowCFO (remote)
May 2022 - March 2023CFO
Farby Kolorit, Kyiv, Ukraine
Farby Kolorit is an Ukrainian company that specializes in the production and distribution of high-quality paints and coatings.
Main Responsibilities:
• Developed and maintained financial policies, procedures, and internal controls to ensure the accuracy and integrity of financial information.• Spearheaded all financial operations of the company, ensuring accuracy and compliance with financial regulations.
• Monitored and analyzed key financial metrics to identify trends, risks, and opportunities for improvement.• Provided strategic financial advice and guidance to the executive team and the board of directors, supporting key decisions related to growth, investment, and risk management.
• Drove an efficient monthly, quarterly, and annual financial reporting process, working closely with cross-functional teams to meet deadlines.
• Oversaw the accounting function, including revenue management, payables, receivables and collections, capital management, treasury, and taxes.
• Collaborated with the management team to formulate budgets, create dashboards, and provide relevant recommendations, leveraging data-driven insights to identify areas for cost optimization and growth.
• Managed relationships with key stakeholders, including investors, lenders, and regulators.
• Led business operations cycles, including annual planning and budgets, preparation for board meetings, quarterly OKRs, and other internal all-hands meetings
• Ensured compliance with tax laws, regulations, and reporting requirements, while identifying tax optimization opportunities and minimizing tax liabilities.
• Implemented a technological solution/ERP system to efficiently consolidate financial reporting.
• Managed cash flow and working capital, optimizing liquidity and minimizing financial risk.
• Developed and mentored the Finance & Operations team, fostering a culture of excellence and growth.
April 2021 – May 2022CFO
Yakaboo.ua, Kyiv, Ukraine
Yakaboo.ua – the largest book retailer in Ukraine.
Main Responsibilities:
• Oversaw and managed the company's e-commerce financial transactions, ensuring the accuracy and security of customer financial data.• Monitored and analyzed key performance metrics related to e-commerce, such as conversion rates, customer acquisition costs, and average order value.• Developed and implemented pricing strategies that maximized profitability while maintaining customer loyalty and competitiveness in the market.• Implemented technology solutions that optimized financial operations, including e-commerce platforms, payment gateways, and fraud detection systems.• Formulated and executed a strategic and long-term business plan.• Defined and managed team structures for accounting, controlling, cash management, and information systems, based on the company's objectives and needs.• Managed and coordinated the budgeting process to ensure financial stability and meet the company's financial goals.• Deployed policies that complied with local regulations and internal rules, while ensuring the company's financial integrity.• Monitored and interpreted cash flows to predict future trends and identify potential issues.• Analyzed the company's financial statements, prepared periodic reports on financial status, liquidity, and growth.• Prepared monthly financial reports on financial performance against budget and forecast (Profit, Balance Sheet, and Cashflow).• Produced accurate financial reports within specific deadlines.• Managed the company's financial accounting, monitoring, and reporting systems to ensure accuracy and reliability of financial data.• Investigated the variances from budgeted/forecast performance and agreed on corrective actions with the executive team.• Developed external relationships with appropriate contacts, such as auditors, bankers, and statutory organizations, to ensure the company was compliant with all financial regulations and standards.Навички:
• Financial Controlling• Annual BudgetingFebruary 2019 – March 2021CFO
NP Logistic, Kyiv, Ukraine
NP Logistic LLC is a fulfillment service provider (storage of goods at warehouses, online order completion and delivering them to customers for eCommerce and online selling business) and part of Nova Poshta group of companies.Main Responsibilities:• Financial Reporting: Produce detailed monthly reports on the company's financial status and market trends based on IFRS to the CEO, HQ, and board of directors.
• Capital Structure Management: Manage debt and equity, analyze short- and long-term debt, and manage risk.
• Day-to-day Financial Operations: Oversee financial operations to ensure timely and accurate account records based on primary documents.
• Financial Department Management: Manage finance and accounting staff by recruiting, selecting, orienting, training employees, and appraising results. Ensure timely and accurate reporting to the management team on a monthly, quarterly, and annual basis.
• Budgeting: Manage the budgetary process, including setting up the annual budgeting and planning process and coordinating actual vs. budget results. Prepare reports explaining budget deviations and provide analysis between existing company plans and previously existing data to facilitate decision-making.
• Compliance: Ensure full compliance with legal, tax, and accounting provisions by computing, paying, and timely reporting of corporate and individual taxes and contributions.
• Strategic Management: Redevelop the company's strategy, develop finance models and pricing policies.
• Treasury Management: Monitor cash flow and ensure timely financing.
• Cost Reduction: Continuously seek cost-reduction opportunities.• Automation: Automate accounting and reporting processes.• Financial Modeling: Build and own complex company financial models that forecast income statements, balance sheets, and cash flow statements.Навички:
• International Financial Reporting Standards (IFRS)• Financial Controlling• Annual BudgetingJanuary 2016 – January 2019 CFO
Nuare, Kyiv, Ukraine
Main Responsibilities:
• Prepared and presented annual budget and updates. Consolidated budgets for all business units.
• Managed bank accounts to ensure optimal cash flow and liquidity.
• Prepared liquidity and cash flow statements.
• Conducted short-term, long-term, and forecast budgeting.
• Collaborated with internal and external auditors.
• Implemented internal control systems such as procedures and checklists.
• Contributed to the forecasting and budgeting process.
• Proactively identified and proposed efficient solutions to finance issues and optimizations.July 2015 - October 2015Head of Finance Department (maternity leave position)
Evyap, Kyiv, Ukraine
Evyap, is the market leader in Turkey, Ukraine, Russia with beauty soaps, skin care products, pre and after shave products. Evyap is present in the international soap market with ARKO, Duru, Fax, Sanino.
Main Responsibilities:
• Successfully negotiated and secured a confirmed working capital line of credit totaling $5 million in UAH from Ukrsibbank BNP Paribas and $10 million in UAH from Citibank Ukraine.
• Coordinated with KPMG in Ukraine for external tax and legal audit.
• Ensured timely completion of monthly closing procedures.
• Managed daily cash flow and overheads.
• Conducted financial forecasting for the company's top-line development using various inputs.
• Developed new reports and automated business processes, including the implementation of 1C workflow.
• Prepared and coordinated the annual budget process with division heads.
• Managed a team of five people in the Finance, Accounting, and IT departments.July 2013 - October 2015Managing Director
Emberlay Ltd., Dushanbe, Tajikistan / Kyiv, Ukraine / London, England
Company registered in England and Wales and provides flight and ground handling support services, fuelling, catering, VISA support services for crew and passengers, provides accommodation with discounted rates at the hotels in such countries: Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Russia, Tajikistan, Ukraine, Uzbekistan.
January 2008 – October 2015Chief Financial Officer
UMS LLC, Ukraine / Uzbekistan / Lexington, USA
Transport and Logistics. The company provides air cargo services and flight support services including fueling, ground handling, and cargo transportation at major airports in Ukraine, Uzbekistan, and Tajikistan. The company has an annual turnover of around $18 million. 157 employees.
Main Responsibilities:
• Managed day-to-day financial functions, including working capital and investment management, short-term cash flow forecasting, budgeting, cost analysis, accounts payable and receivable, financial controls, and audits. Led the finance team.
• Managed bank accounts, including non-resident accounts, and oversaw the treasury function.
• Negotiated with banks for short-term financing, overdraft lines of credit, and project lending.
• Directed, supervised, and reviewed the work of accounting staff, including cash and trust account reconciliations, accounts receivable and payable, fixed asset activity, payroll, and recording of revenue and expenses.
• Coordinated financial accounting and management reporting with a US-based third-party accounting firm and collaborated with auditors to prepare financial reports in accordance with international standards.
• Prepared monthly financial reports, budgets, cost reports, and forecasts to aid strategic decision-making.
• Presented company financial information to shareholders and worked closely with them and the general manager to support commercial decision-making.
• Developed business plans and financial models.
• Possessed advanced PC skills, including 1C 8.2, MS Office, internet banking, Project Expert, MS Project, and MS Visio.
• Regularly traveled for business to various locations in Ukraine, Russia, Uzbekistan, Tajikistan, OAE, Germany, France, and Italy.December 2006 – January 2008Senior Investment Consultant
Apple Consulting LLC, Kyiv, Ukraine
Main Responsibilities:
• Provision of investment advice and arrangement of client’s transactions support.
• Representation of client’s interests before third parties (banks, investors).
• Business plan preparation.
• Identification of potential client opportunities, promotion of the firm’s services.
• Identification of client’s satisfaction and opportunities for next work.
• Communication and maintenance relations with clients, handling clients' requests.
• Project team leading, junior staff supervision, and coaching.
• Client’s transactions structuring, planning, and support of closing.
• Development of presentation materials.
• Marketing activities: participation in conferences and events attended by existing and potential clients.January 2006 – December 2006 Project & Audit Expert Application Consultant
TICON LLC, Kyiv, Ukraine
Main Responsibilities:
• Conduct system setup and provide training in financials, analytics tools, and integration of business software.
• Engage in pre-sales activities, showcasing the capabilities of the Expert System financial and analytical software to prospective clients.
• Lead upgrades and new implementations of the Expert System software for approximately 10 Ukrainian companies.
• Collaborate with clients to understand their specific needs and tailor the software solution accordingly.
• Ensure successful implementation by coordinating with cross-functional teams and managing project timelines and resources.
• Provide ongoing support to clients, addressing inquiries, resolving issues, and delivering exceptional customer service.January 2005 – January 2006Software Sales Manager
Softline Group Ukraine, Kyiv, Ukraine
Main Responsibilities:
• Direct sales, partner sales, work in distributed virtual team, presentations, negotiations, cross-sells and upsells, vendor management, training, and public speaking.
• Project management and problem-solving skills (software development and implementation, complex IT projects).
• Practical knowledge of Data Protection Solutions, Business Analytics, CRM, ERP, Microsoft solutions, network technologies and internet technologies.
Contact Info
- 08023 Barcelona, Spain
- vsevolod.vilchynskyy@proidei.com
- +34 656 809 086
