Kalman Kinde CV - Page 1 of 4

Kalman Kinde FCCA MSc

Mobile: +36-20-940-1940,Email:

Summary

I am an experiencedsenior executive manager, who worked at multinational enterprises insuch competitive sectors as the building industry, financial audit (Big 4), commerce, IT, media, logistics and telecom.

I mastered skills and best practices in general and financial management includingcomprehensive front office (sales) support, mergers and acquisitions, strategic planning, organisational leadership anddevelopment, business risk management, consolidation and financial reporting (including IFRS), ERP systems implementation (eg. SAP, Navision) and internal controls (SOX Compliance), cost optimisation, crisis management as well as project and people management.

I am a dedicated and loyal manager, an excellent team player with a management style based on cooperation through open and direct communication.

ProfessionalExperience

Crowe FST Consulting Kft. (member of Crowe Horwath International)

Crowe Horwath is a global network of accounting firms specialised in accounting, tax, internal audit, payroll and provider of related outsourced services. In Hungary the former accounting firm Baker Tilly joined .

Senior Manager (Freelance Consultant)September 2017 – November 2017

As a member of a central project team I am responsible for the Record to Report area of a global divesting project, with a centrally operated SAP system being the ERP of the newly created companies in various countries of the world. The tasks to date included creation of a set of various IFRS compliant internal policies with consideration of the Standard Operating Procedures and End to End Process Flows.

Közgép Zrt.

The company was a key player in building roads (motorways), railways, bridges and related structures across Hungary through public procurement tenders with an own steel-structures production factory, employing during its peak operations over 1,200 employees.

Interim Chief Executive OfficerJanuary 2017 – June 2017

My mandate was to replace the previous CEO who left the company with short notice and fulfil the gap in management until a new steering structure was elaborated by the shareholders.

Specific responsibilities included:

  • Control any new contracts and cash out transactions.
  • Manage the rapidly decreasing number of staff and retain key personnel to ensure that the company can meet it’s contractual obligations towards authorities and customers.
  • Supervised the efficient operation of the production plant ensuring its appropriate maintenance aimed at sustaining its service capacity.
  • Managed, coached and motivated key management and staff members to secure the technological know how of the company.
  • Managed the relationship with various stakeholders such as shareholders, auditors, authorities and banks.

Pannon Lapok Társasága Kiadói LLC.

Known as “PLT” the company is involved in the regional print media (Central Transdanubia, Hungary), until 2016fully owned by the Essen (Germany) based FUNKE MedienGruppe (formerly known as Westdeutsche AllgemeineZeitung). Lately PLT was acquired by Mediaworks Hungary. With annual turnover of around EUR 30 million derived from sale of advertising space and subscription fees PLT has around 450 direct employees and sustainsa daily newspaper circulation of around 200,000 (2016 data) produced in its own print plant and distributed by its own delivery organisation.

Managing Director / Chief Financial OfficerSeptember 2012 – December2016

I wasresponsible for all finance aspects of the profitable business with specific mandate to develop and drive the cost effective back office and administration functions ensuring transparent and compliant operations.

Specific responsibilities included:

  • Was responsible for profitability through the year-on-year delivery of budgeted performance.
  • Strengthenedthe procedures and the system of internal controls and compliance with statutory legal, tax as well as group policies and shareholder’s expectations.
  • Supervised the efficient operation of the printing plant ensuring its appropriate maintenance and equitable CAPEX aimed at sustaining its competitive service capacity.
  • Operated and continuously shaped the integrated company information system (SAP, Vectory, HUP) which ensured adequate controls over the purchase to pay and order to cash cycles as well as over the consolidated financial and tax reporting.
  • Monitored and managed possible EU or national government grant / support initiatives that helped the Company in financing strategic objectives.

NNG Software Developing and Commercial LLC

A private GPS based navigation software company – formerly known as Nav’N’Go – which in the past years became leader in the personal navigation, wireless and automotive industries with annual turnover of nearly EUR 25 million and 250 employees (2012 data).

Chief Financial OfficerSeptember 2009 – August2012

I have strengthenedthe management and helped elevating the business from an early stage into a competitive global enterprise.

  • As a Management Team memberwas responsible for budgeting, revenue and cost control, treasury, reporting, financing, taxation, audit and credit control.
  • Implemented proposed cash and foreign exchange risk management strategies including credit control, collection, hedging and treasury through which ensured that the company stayed on track financially and had adequate funds to back its strategy.
  • Established corporate procedures that strengthened the system of internal controls as well as represented the company in financial and tax audits and assisted due diligence from potential financial and strategic investors.
  • Installed new integrated company software (Microsoft Navision) that enhanced management reporting and the consolidated IFRS complaint financial reporting environment.

MART Building and Commercial LLC (Wolseley Hungary)

Wolseley was the world’s number one distributor of heating and plumbing products to the professional market and a leading supplier of building materials. Its Hungarian subsidiary generated revenues of EUR 50 million with 250 FTEsand a large national branch network (2008 information).

Managing Director and Finance DirectorSeptember 2006 – September 2008

Hiredwith the primary objective to take over the financial management and operation from an interim CFO and re-establish the leading role of Finance within the organisation. Later was promoted to the managing director position.

  • Managed the Finance department (accounting, finance, controlling, billing, credit control) and liaised with fellow managers of Sales, HR, Purchasing, Logistics, Facility and IT.
  • Implemented new credit control policies and halved the average collection period to 2 months, which resulted in enhanced cash flows by more than 400 million HUF.
  • Ensured Group policies and procedures are adequately implemented and respected with particular focus to internal controls and compliance with SOX requirements.
  • Delivered accurate and timely management reporting to local and regional management.

QLICONS Consulting and Service LLC (project - and interim management)

Owner, Managing Director and Senior Financial ConsultantAugust 2000 – August 2006

  • Delivered consulting on several international engagements covering Corporate Finance Advisory, SOX and Internal Controls’ Audit, SAS 70 (Outsourced Services’) Controls’ Audit, Interim Financial Management, IT Project Management, Forensic Investigations and others.
  • Business sectors served include broadcasting, commerce, financial services, logistics, media, manufacturing and telecom. Countries were work has been delivered included Austria, Hungary, Romania and United Kingdom.

References:

Arthur D Little (Vienna), Aviva Investors (London),Cablenet Zrt. (Dunakeszi), Hírek Média and Internettechnológiai Kft. (Budapest), MTM-SBS (Tv2), Magyar Telekom Nyrt. (Budapest, through White and Case), Konica Minolta Hungary (Budapest), Konica Minolta Romania (Bucharest), Trendex Holding (Budapest),Vos Logistics (Mezőtúr).

Vivendi Telecom Hungary (Invitel)

The subsidiary owned by the French media group Vivendi Universal was the second largest fixed telecommunication services provider in Hungary (today known as ‘Invitel’).

Mr. Kinde’s quick professional development materialised in three consecutive roles fulfilled by him at Vivendi with gradually growing complexity and responsibility.

Financial Information Systems ManagerOctober 1999 – September 2000

  • Implemented, reengineered and rolled-out to new subsidiaries the centrally managed highly integrated financial information system (SAP R/3) with a project team of 30 people.

Business Planning ManagerJune 1998 – September 1999

  • Supported top-level decision-making relating to business development opportunities through building and evaluating detailed financial valuation models.

IFRS and Consolidation ManagerJuly 1997 –May 1998

  • Developed IFRS compliant financial reporting environmentcovering operating and holding companies’ accounts as well as at consolidated level.

KPMG Hungary

Member of KPMG International the company operates as the market leading professional financial assurance (audit) services provider in Hungary.

Assistant Accountant to Assistant Audit ManagerSeptember 1993 – June 1997

  • Audited IFRS, UK and US GAAP financial statements of companies(financial services, logistics, telecommunication, media, retail andmanufacturing) as well asnot-for-profit organizations.

EducationalBackground

2002 -Fellow of the Association of Chartered Certified Accountants, FCCA

1994 – 1997Chartered Certified Accountant, ACCA (United Kingdom)

1987 – 1993Masters Degree in Electrical Engineering, Budapest University of Economic Sciences and Technology (Hungary)

Languages:

English – professional knowledge

Romanian – professional knowledge

Hungarian – mother tongue

German – basic knowledge