Shared service centers restructuring and performance improvement for B&N Group (B&N Bank)

Responsible for: Organizing financial department Establishing core financial business processes, such as budgeting, management accounting, treasury functions etc. Investment projects analysis Internal rules, procedures and policies development Establishing project management processes Establishing internal documents flow Cooperation with B&N bank Achievements: establishing budgeting and short-term financial planning processes in 1,5 months (from zero point); cost saving due to cutting financial department positions; project teams motivation system elaboration and implementation.

Responsible for: Restructuring plans elaboration Financial modelling & forecast Sales pitches preparation Organizing market research Business planning and strategy development Client relations Organizing project management Achievements: successful restructuring projects, organizing client’s document flow management system

Responsible for: Strategic planning Organizational design Day-to-day operations supervision Investment projects development and implementation management Representation (including negotiations with key clients and contractors) Top management recruitment Business processes development and optimization Internal rules, procedures and policies development Achievements: development of vision and long-term strategy (for the first time since 2000 when the factory was privatized); pharmaceutical products restyling project implementation; new economy class products line launch; new premium products line launch; new products for Vision launch; preparation of business plan and other documents for participation in EU structure funds financing program ‘Leader LT’; elaboration and implementation of new sales managers motivation system; non-core assets disposal; positive annual net profit (for 2009) for the first time since 2000

Responsible for: Support units business processes engineering and management (maintenance, IT, reception, HR) Internal rules and instructions development Supervising investment projects Business-plans development M&A management Supervising non-core assets of the corporation Development projects strategic management Achievements: non-core assets of HTC are prepared for sale (real estate, construction projects); sale of non-core HTC asset (“77” delivery service); development unit as a part of HTC is established; financial position and performance of HTC assets in Lithuania are improved (real estate, fitness center, herbal tea factory)

Responsible for: Financial units business processes engineering and management (treasury operations, management accounting, financial accounting, budgeting) Combining separate financial teams to form well-coordinated financial department Preparing financial statements Day-to-day financial planning Financial analysis Achievements: financial department organization project is elaborated; relations with large banks were established; process of preparing financial statements according to IAS was organized; software for specific reports preparation was developed

Responsible for: Day-to-day financial planning Budgeting Payment systems development and implementation Keeping up relations with banks Preparing financial statements Management accounting Achievements: the Alfa Bank Express commission payment system project development and implementation; significant cost saving

Responsible for: Organizing the management accounting Organizing the budgeting Preparing requirements specification for management accounting software Day-to-day and strategic financial planning Investment projects business-plans development Pre-investment analysis Financial analysis Dealing with external audit Taxation optimization Achievements: management accounting was organized; eight investment projects were developed and implemented

Responsible for: Database development and maintainance Production programs optimization Production reports preparation

Market analysis Negotiations with clients Klients accounts management Sales reports preparation

MBA programme, MBA

Mathematical methods in economics, PhD in Economics

Finances and Credit , Higher education diploma (distinction)

Management, Higher education diploma