Yuriy M. Chudnovskyy, CPA

Date of birth:Dec.03, 1974 (38)

Phones:095-234-3559, 067-322-6373

e-mail:

Experience

Finance Director

since June 2012 throughFebruary 2013(10m)

Megatrade group (a distributor of: IT - Megatrade LLC, FMCG - E-trade LLC,
and live plants - NaturTrade LLC) Kyiv

RESPOSIBILITIES:

• Managed all aspects of finance in a group of businesses (turnover above USD 100M)

• Supervised tax and financial accounting

• Supervised budgeting and management reporting

• Supervised the treasury function, the cash management, as well as fundraising

ACHIEVEMENTS:

+ Restructured loans

+ Improved the management of cash and current liquidity forecasting

+ Improved the use of deployed SAP ERP

+ Established a budgeting process

CFO

since 08.2010 through 05.2012(1y 9m)

Univest Print (Print shop) Kyiv

RESPOSIBILITIES:

Managed all aspects of the financial activities of the group of companies of medium size (35 million dollars turnover. Excluding VAT), including overseas operations and foreign trade:

• accounting and tax accounting and planning, development and implementation of schemes.

• Management accounting and budgets.

• Treasury: cash management and fundraising.

ACHIEVEMENTS:

+ Introduced tolling scheme in foreign trade

+ Has established tax use of promissory notes

+ Worked with state regulators successfully

+ Implemented ERP component of the corporate information system

+ As the results of proper work with the credit control, received favourable credit terms from a supplier, a major Western industrial group

+ Has implemented KPIs for sales and procurement

+ Launched processes for cost analysis and investigation of cost overruns

+ Has refinanced large loans on favourable terms

+ Organically developed business processes

+ Successfully carried out preparatory work and negotiations with the EBRD, who agreed to invest in a capital as portfolio investor (project continues).

Financial Director

since 03.2007 through 08.2010(3 years)

Corporation "Fanni" (now "Lactalis-Ukraine», LACTALIS GROUP)

(Food Processing. Dairy products)Dnepropetrovsk-Kyiv

RESPOSIBILITIES:

• Governed and managed finance function in the group of companies

• Participated in sale of company to major Western Group

ACHIEVEMENTS:

+ Introduced a new management and an IT system based on a standard packaged accounting software.

+ Implemented a set of KPI for top management.

+ Successfully conducted numerous Due Diligence procedures Business was successfully sold to a foreign strategic investor.

+ Successfully had integrated business processes into the new company.

+ In partnership with a bank, introduced a system of milk collection from private households and retail payments for it on the basis of plastic payment cards

+ Successfully dissolved a legal entity

+ Successfully had halved costs of audits by international audit firm

+ Successfully passed the annual tax audits.

(see at the end for earlier jobs)

Education

UNIVERSITY of Illinois, Master of Science in Accounting, Urbana-Champaign, IL.

since 06.2001 through 05.2002

May 2002 Average grading points: 4.0 out of 4.0

National Metallurgical Academy of Ukraine, engineering and economics, Dnepropetrovsk.

since 09.1992 through 06.1997

Average grading points: 5.0 out of 5.0, red diploma

• Major in marketing and financial management

Additional education

2000, 4 weeks - Deloitte & Touché: The course of the independent expert on the restructuring of insolvent companies

1999, two weeks - Robertson & Blums: Courses to implement SunSystems ERP

Professional skills

ERP- An expert using now, 10 years experience.

IAS / IFRS- Expert, 1 year ago, 3 years experience.

Skills:

English- fluent

PC: expert in office applications, email and the Internet, working with various ERP and accounting software.

Self-development

• Deloitte & Touché: The course of the independent expert on the restructuring of insolvent companies.

• Robertson & Blums: Courses to implement SunSystems ERP.

• Scholarship Competition Edmund F. Muskie / FSA Graduate Fellowship.

• The owner of a CPA certificate (Certificate of Public Accountant) American Institute of CPA.

• The license holder for the audit activity in Illinois.

PAST WORK EXPERIENCE

PwC (PricewaterhouseCoopers, AF "PricewaterhouseCoopers Audit") Kiev

Senior Auditor, Level 2 (2005-2007)

• Audit of financial statements by Ukrainian and multinational companies prepared in accordance to Ukrainian GAAP, US GAAP or IFRS.

• SOX 404 compliance projects.

• Transactions services projects, seller side client assistance.

NPIG "Interpipe" Dnepropetrovsk

Head of Department of Methodology and Control (2003-2005)

• Administer relationships with external auditors.

• Manage and supervise the department work.

• Prepare financial statements under IFRS.

• Participate in the projects concerning operations improvements.

• Manage projects of introducing IFRS to individual companies of the Group.

International Finance Corporation (IFC) Dnepropetrovsk

Consultant Finance Project "Corporate Development" (2002-2003)

• Worked over the matters of Corporate Governance and corporate reporting.

• Conducted consultancy and project-management responsibilities with clients.

• Conducted corporate and public trainings.

• Prepared training and education materials.

• Wrote articles and publications.

UKRAINIAN CENTER for POST-PRIVATISATION SUPPORT Dnepropetrovsk

as Independent practitioner on the problems of restructuring of insolvent enterprises(2001)

• Provided financial analysis services for insolvent enterprises and developed sanation plans.

• Participated in the group work over more than 10 enterprises.

• Deloitte & Touché trainee.

• Served several private clients in the matters of managerial accounting.

as Consultant on Finance (1997 - 2000)

• Developed a set of internal standards on Cost Accounting for client - upper-middle-size

manufacturing company.

• Provided consulting services for clients whose sales ranged up to $ 100 millions.

• Justified investment projects up to $ 1 million.

• Participated as a consultant in Restructuring Projects, financed by USAID, World Bank, and TACIS.

IA "Metal Courier" Dnepropetrovsk

Marketing Analyst (1996-1997)

• Prepared and published monthly industry reviews and marketing researches in the specialized ferrous metals industry magazine "Metal Expert"