CORNELIU CIOBANU

• Established and managed internal audit department, overseeing various aspects
• Conducted agree-upon procedures engagements for all group entities and provided consulting services for internal control improvement
• Risk based approach coaching in relation with senior management and board.

Key Accomplishment:

● Improved internal control systems that minimised risk of fraud and errors, safeguarding integrity of financial reporting.
● Integrated technology and data analytics into the audit process, amplifying audit efficiency and effectiveness.
● Identified potential business risks with primary focus on fortifying long-term company sustainability.
● Averted legal issues and potential fines by ensuring company's compliance with various regulations.
● Identified cost-saving opportunities without compromising product or service quality by optimising processes and renegotiating
supplier contracts through engagement recommendations.
● Cultivated a culture of continuous learning and development within the audit team through training programmes, workshops,
and mentorship initiatives.
● Led end-to-end business purchase (M&A) for an African Mining enterprise, establishing corporate standards alignment and
successfully negotiating tax insolvency issues with Local Government

• Managed customer portfolio and carried out assurance engagements.
• Trained and mentored department staff on policies and procedures to establish strong foundation for client development and service activities.
• Recommended changes to management regarding financial operations.
• Analyzed accounting systems for efficiency and effectiveness.
• Gathered and analyzed financial data to determine improvement efforts.

• Led assurance services within East Europe Country (Romania, Russia, R.Moldova)
• Banking, manufacturing and naval logistics sector
• Managed customer portfolio, provided consultancy services for merges & acquisitions and share placements.

• Participated in audit engagements of retail companies, industrial sector and banking institutions
• Involved in international audit projects, including metallurgical and automobile construction companies.