Michael matveenko

CFO

+7 (495) 185-59-10

Michael matveenko

CFO

Welcome!

  My name is Michael Matveenko. I was born in Minsk. I graduated from the Belarusian State Economic University with a degree in accounting, analysis and audit in industry and the Moscow New Law Institute with a degree in civil law. I began my career in 1993 in Minsk as the chief accountant of a small trading company. From 1998 to 2001, he worked as an internal auditor in the largest Belarusian holding with branches in the CIS, which was engaged in the sale of trucks, tractors, spare parts, metal, food products, as well as cargo transportation and truck service. In 2001-2002 I worked as a chief accountant in the Belarusian-Dutch production joint venture, located in the FEZ. 

  Since 2003, I continued my career in Moscow as a financial director, first in a company engaged in the wholesale and retail sale of building materials, and since 2008 - as a financial director in Russia's largest exploration holding company. Since 2016, I have been working as Deputy General Director for Commerce and Marketing of a geological exploration company. 

  I am senior Finance executive with 15+ years multinational and domestic experience in management, finance and IT, Trade, Oil&Gas, Agriculture, Production, including IPO preparation, business strategy and transformation, Shared Service Centers, internal control and risk management, accounting and reporting, budgeting and business performance, tax planning and treasury management, managing teams of 150+ people.
Experience in implementing international projects (Russia, Belarus, Ukraine, Kazakhstan, Cuba, India, China).

 

 

Chief Accountant

4 years

CFO

11 years

What can I offer you:
  • Improvement of all business processes related to the functioning of financial and economic divisions and accounting.

  • Development and implementation of management reporting forms.

  • Management of the financial and economic, legal block of the holding, back office and IT.

  • Strategic planning of financial activities. Financial control over the targeted and efficient use of own and borrowed working capital.

  • Control over the formation of reporting in accordance with international standards.

  • Audit according to RAS and IFRS. Big-4.

  • Cost management in order to control and minimize them, cost optimization.

  • Ensuring the financial stability of the company, analysis and assessment of financial risks.

  • Working capital and debt management.

  • Credit policy management, fundraising, optimization of free cash allocation. Interaction with banks.

  • Working with Russian and foreign banks and investors.

  • Working with private investors and investment funds.

  • Analysis of the effectiveness of investment projects.

  • Obtaining credit ratings.

  • M&A.

  • Participation in the Board of Directors and specialized committees.

Auditor

4 years

Production

1 year

Oil&Gas

11 years

Traede

11 years

Agriculture

1 year

Achievements

  • Implemented management accounting in several enterprises.

  • Implemented a budgeting system in several enterprises.

  • Automated accounting based on 1-C.

  • Developed forms of management accounting for several enterprises, taking into account the specifics of their activities.

  • Automated management accounting of several enterprises on the basis of 1-C.

  • Implemented a single document management system based on 1-C at several enterprises.

  • Combined 25 Russian enterprises into a single consolidated accounting database with

  • Uniform accounting policy based on 1-C accounting.

  • Developed and implemented an automated treasury system in several enterprises.

  • Implemented IFRS accounting by transforming Russian reporting with subsequent audit of BIG-4.

  • Optimized the structure of the financial and accounting services of several companies.

  • Optimized the legal structure of several holdings.

  • Developed a model for predicting the level of working capital of the company, based on more than 10 indicators current and forecasting activities.

  • Developed a methodology for analyzing the primary selection and evaluation of investment projects.

  • Implemented investment budgets.

  • Attracted and serviced financing from TOP-10 Banks in the amount of 500 million USD. 

  • By creating centralization, the treasury reduced by 2% the average percentage of banking loans.

  • Received bank guarantees amounting to more than 30 million USD.

  • Revealed an overestimation of business value and significant market risks in a promising investment

 

 

  • Project, as a result of which the purchase of an asset did not take place.
  • Successfully completed several large investment lending projects followed by

  • Obtaining loans from European banks in excess of 100 million euros with the involvement of export credit agencies.

  • I worked the economic part of several large transactions for the purchase of new enterprises.

  • Organization of accounting during the acquisition of property complexes being merged enterprises.

  • Held a joint listing project on the LSE.

  • Support of transactions for the sale of non-core assets.

  • Creation of a single accounting service of the company in the process of consolidating assets of 25 independent legal entities persons that located in seven regions of the Russian Federation.

  • Development of methods for analyzing the primary selection and evaluation of investment projects.

  • Increased inventory turnover on the basis of the analysis, inventory and follow-up.

  • Won arbitration cases with the FTS in the amount of 184.5 million rubles.

  • Retained the level of liquidity of the group in conditions of a sharply increased cost and a shortage of borrowed capital in 2008 and 2014.

  • Getting the S & P rating in 2013.

  • Getting Moody’s rating in 2013.

  • Issue of long-term bonds in the amount of 6 billion rubles in 20013. The placement of five-year bonds in the amount of 3 billion rubles in 2013

  • Issue of exchange bonds in the amount of 14 billion rubles in 2014. Built a model for effective participation in electronic trading. Increased order book growth 1.5 times.

  • Won a tender worth more than 30 billion rubles.

Key Skills

  • Analysis of financial and economic activity
  • Business Process Automation
  • Risk analysis
  • Automation of financial block tasks
  • Budgeting (BDR, BDDS)
  • Business planning
  • Foreign economic activity
  • Internal audit
  • Currency control
  • Negotiation
  • Investment planning
  • Consolidated statements
  • Leasing
  • IFRS
  • Tax planning
  • Tax Optimization
  • Cost optimization
  • Evaluation of investment projects
  • Tax Optimization
  • Independent Director
  • Offshore legislation
  • Plan-Actual Analysis
  • Attraction of external financing
  • Development of accounting methodology
  • RAS
  • Strategic management
  • Personnel Management
  • Management Accounting
  • Price Policy Management
  • Loan portfolio management
  • Treasury management
  • Management reporting
  • Credit Policy Management
  • Working capital management
  • Management of risks
  • Liquidity management
  • The financial analysis
  • Financial control
  • Financial modeling
  • Economic analysis
  • Hedging
  • IFRS
  • Oracle Hyperion
  • 1C
  • Confident PC user
  • Excel - advanced level
  • Powerpoint
  • Power BI
  • ERP
During my career were completed works and projects in the following companies: