SAP
Cecoltan Cristina
Finance Commercial Manager - Inventories Project AME
Bucharest,6
Summary
Dynamic Commercial Finance Manager with a proven track record at British American Tobacco, excelling in financial analysis and stakeholder management. Expert in driving working capital improvements, project migrations and delivering strategic insights, leveraging critical thinking and project management skills to enhance operational efficiency and support informed decision-making.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Commercial Finance Manager - Inventories Project
British American Tobacco
02.2024 - Current
- Prepare and deliver accurate inventory level analysis (Finished goods), in line with balance sheet actuals and forecast. Analyze variances to stock holding policies and stock increases driven by business decisions
- Proactively engage with all relevant stakeholders (SNO, DRBUs, EMs) to understand variances, identify working capital improvement opportunities, and consolidate regional overview
- Coordinate and deliver inventory working capital improvement update for all relevant monthly forums, highlighting focus areas and supporting an action plan to address issues
- Identify, assess and, where appropriate implement data analytics and reporting requirements
- Acting as the key interface between the finance function, SNO, finance leads in DRBUs to address any queries relating to inventory optimization and ensure clear communication
Commercial Finance Manager Operations Global Team
British American Tobacco
09.2021 - 06.2022
- Provide and deliver high quality reporting and analysis of Group Cost of Sales to senior stakeholders to drive strategic decisions and support group initiatives.
- Full ownership of Group Non-Criminal Loss reporting (unexpected costs) with focus on providing meaningful insights to senior stakeholders and to deliver on-time in full during crucial reporting periods.
- Analyse run rates and variances and provide scenario analysis to accurately reflect the impact of proposed strategies on the operating results of the business and to support informed business decisions.
- Central point of contact for Operations Function within area of Commercial Planning and Analysis (CP&A).
- Active co-operation and support of the New categories CP&A team to align reporting methodologies of New Categories with Combustibles.
- Provide support to internal stakeholders and different teams on the development of Planning & Reporting systems.
- Identify, assess and, where appropriate implement efficiency improvements.
Assistant Finance Manager Operations ENA
British American Tobacco
06.2020 - 08.2021
- Provide financial estimations for sourcing initiatives and prepare BC calculation
- Validate Wraps savings projects and ensure accurate reporting on monthly basis and key reporting cycles
- Run analysis on current spec/brand to identify new savings opportunitiesProvide Directs cash report
- Track rebates and ensure accrual process
- Work as support team for Directs for ENA region - various ad-hoc requests and regional projects
- Provide monthly update and analysis on savings status to the stakeholders
- Provide Wraps cash report
SOX Treasury Assistant Manager - Project
British American Tobacoo
02.2018 - 07.2018
- Carry on preventive assessments of main treasury SOX controls and requirements with process owners and internal/external auditors
- Assess the efficiency of the internal control systems and propose new ways of working to deliver bottom line, quantified results
- Drive the continuous improvement of the financial accounting and treasury activities through SAP change requests, macros, RPA
- Prepare group reporting for US BAT companies in line with IFRS and supervise the delivery of treasury accounting in relation to financial instruments
- Support for month end treasury accounting activities
Finance Operating Model Project Manager
British American Tobacco
06.2017 - 02.2018
- Ensure the successful implementation of the PMO's strategy, responsibilities, services and deliverables
- Provide and maintain a capacity planning and resource tracking service across the Project
- Update and maintain the Risk/Action/Issue/Decisions Log
- Track financial reporting whilst ensuring that the project adhere to the corporate financial processes
- Prepare regular status reporting to all levels of the business
- Assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem
Data Quality - EEMEA Finance Project Lead
British American Tobacco
11.2016 - 06.2017
- Ensure smooth transition and financial data accuracy during stabilization to new reporting tools (BPC/BI) for EEMEA
- Report KPIs to Global and Regional Team
- Analyze KPIs and provide solutions to improve the figures, contact End Markets to solve the issues, suggest alternative solutions
- Offering support to the Planning and reporting teams and End Markets in understanding the new reporting tools/financials and links between the systems -
- Raise SAP change requests to technical team and mediate the incidents
- Develop and assist in automating processes utilizing innovative technical and processing solutions
Planning and Reporting Analyst
British American Tobacco
06.2015 - 11.2016
- Key role in improving financial control through more effective and efficient financial planning and reporting through BPC, BI module
- Review Budget Forecast data and make comparisons with Actuals
- Provide an analysis of issues and concerns regarding variances, initiate solutions for the variances, and track the issues until resolved.
- Report results on a periodic basis for the various stakeholders and requirements in the group
- Assist with accounting corrections/reallocations on the ad hoc requests
Senior Analyst Accounts Payable
British American Tobacco
04.2014 - 05.2015
- Perform regular reconciliations of accounts payable transactions to ensure accuracy and compliance with accounting standards
- Offering support to the end market to solve issues
- Contribute to the development and implementation of accounts payable policies and procedures to enhance efficiency and compliance
- Maintain strong relationships with vendors, addressing inquiries and resolving issues related to payments and account discrepancies
- Oversee the end-to-end accounts payable process, including the accurate and timely processing of invoices and payments
Junior Accounts Payable
British American Tobacco
06.2013 - 03.2014
- Migration Team for Accounts Payables activities from EMs
- Ensure smooth migration and global procedure alignment
- Input/process invoices in accordance with the relevant Service Level Agreement and allocated tasks
- Support EMs with issues resolution and adphoc requests
Junior Accountant
CABA Accountancy
08.2012 - 06.2013
- Prepared journal entries and entered into system
- Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements
- Assisted with preparation of monthly financial statements
- Reconciled month-end totals for timely and accurate reporting of financial information
Education
Master - Auditing Concepts And International Standards
Bucharest Academy of Economic Studies
04.2001 -
Master - Auditing Concepts And International Standards
Bucharest Academy of Economic Studies
04.2001 -
Skills
Critical thinking
Certification
CIMA Adv DIP MA
Software
SAP BPC
Power BI
Excel
Power Point
SQL
Additional Information
Adding shareholder value course 2018
Change management course 2017
Interests
Reading
Travelling
Timeline
Commercial Finance Manager - Inventories Project
British American Tobacco
02.2024 - Current
CIMA Adv DIP MA
10-2021
Commercial Finance Manager Operations Global Team
British American Tobacco
09.2021 - 06.2022
Assistant Finance Manager Operations ENA
British American Tobacco
06.2020 - 08.2021
SOX Treasury Assistant Manager - Project
British American Tobacoo
02.2018 - 07.2018
Finance Operating Model Project Manager
British American Tobacco
06.2017 - 02.2018
Data Quality - EEMEA Finance Project Lead
British American Tobacco
11.2016 - 06.2017
Planning and Reporting Analyst
British American Tobacco
06.2015 - 11.2016
Senior Analyst Accounts Payable
British American Tobacco
04.2014 - 05.2015
Junior Accounts Payable
British American Tobacco
06.2013 - 03.2014
Junior Accountant
CABA Accountancy
08.2012 - 06.2013
Master - Auditing Concepts And International Standards
Bucharest Academy of Economic Studies
04.2001 -
Master - Auditing Concepts And International Standards
Bucharest Academy of Economic Studies
04.2001 -
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