Overview
Work History
Education
Skills
Personal Qualities
Timeline
Generic

Oleksandr Vorona

Finance Analyst
Toronto,ON

Overview

17
17
years of professional experience

Work History

Head of Finance Decision Support (FP&A)

Nestle S.A.
10.2020 - Current
  • Directly reporting to CFO; managing team of 15
  • Managed budgeting and business planning processes at South-Eastern Europe market (Ukraine and Moldova – till 09/2023)
  • Prepared short and mid-term business forecasts, developed strategic three-year financial plans at the market level
  • Consolidated actual income statement and balance sheet according to International Accounting Standards on the cumulative / monthly basis, estimating actual versus budget performance and associated financial risks and opportunities
  • Provided recommendations, reports and presentations for senior management decision-making
  • Coordinated monthly period end closing activities and reporting to headquarter, ensured alignment of all other finance teams on management accounting procedures and timelines
  • Conducted portfolio analysis at market level
  • Supported business units in forecasting processes for COGS, overhead costs, affiliated P&Ls, administer marketing budgets, analysis of marketing spends and evaluation of marketing communication effectiveness, evaluation of new products launches
  • Ensured following the local, international and corporate standards in respective areas
  • Controlled adherence to company compliance requirements, ensured internal control framework is in place
  • Driven preparation to the internal and external audit, follow up on the recommendations
  • Performed enterprise risk assessment
  • Responsible for establishing, promoting and proactively enhancing business processes and championing a culture of business excellence, leaded improvement initiatives and projects related to the areas of responsibilities.

Business Unit Controller

Nestle S.A.
01.2015 - 09.2020
  • Directly reporting to CBM; 1 direct report
  • Managed budgeting and business planning processes for the Nestle Confectionery business (Purina Petcare business – till 05/2017)
  • Prepared short and mid-term business forecasts, developed strategic three-year financial plans incl
  • Evaluation of competitors
  • Actively participated in sales forecasting processes with the responsibility to advise and administer ATL/BTL and sales marketing budgets
  • Performed analysis of sales and marketing spends and evaluation of marketing communication effectiveness
  • Consolidated actual income statement on the cumulative / monthly basis, estimating actual versus budget performance and associated financial risks and opportunities
  • Provided recommendations for senior management decision-making
  • Conducted complexity analysis for brands / product groups / sales channels to optimize product and customer portfolio, estimation of new products launches
  • Defined pricing strategy on the base of CVP analysis
  • Evaluated investment projects on the base of DCF model and prepared CAPEX justifications
  • Followed up adherence to the financial standards and company compliance requirements within areas of responsibility.

Nestle Continuous Excellence (NCE) Lead (F&C Continuous Improvement Manager)

Nestle S.A.
02.2012 - 12.2014
  • Directly reporting to CFO; 5 direct reports; 2 locations
  • Areas of responsibility: implementation of NCE (continuous improvement) practices (Compliance, Leadership development, Goal alignment) across F&C dept
  • (Nestle UA) and NBS (shared services center) organization

Supply Chain Controller

Nestle S.A.
01.2008 - 01.2012
  • Directly reporting to CFO
  • Areas of responsibility: Purchasing, Import/Export operations, Transportation and Warehousing, Working Capital

Junior MOGE Controller

Nestle S.A.
09.2007 - 12.2007
  • Areas of responsibility: participation in budget preparation, actual cost control, variance analysis of overheads cost: marketing, sales, admin, IS/IT; allocation actual cost to products/business units

Education

Master Degree in Finance -

Kyiv National University of Trade and Economics
01.2002 - 1 2007

Skills

Native Ukrainian & Russian Fluent English Advanced knowledge of MS Office incl macro writing, SAP, project management, change management, people management

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Personal Qualities

Result focus, proactive cooperation, service orientation, good team player, with sense of humour, able to overcome complex situations.

Timeline

Head of Finance Decision Support (FP&A)

Nestle S.A.
10.2020 - Current

Business Unit Controller

Nestle S.A.
01.2015 - 09.2020

Nestle Continuous Excellence (NCE) Lead (F&C Continuous Improvement Manager)

Nestle S.A.
02.2012 - 12.2014

Supply Chain Controller

Nestle S.A.
01.2008 - 01.2012

Junior MOGE Controller

Nestle S.A.
09.2007 - 12.2007

Master Degree in Finance -

Kyiv National University of Trade and Economics
01.2002 - 1 2007

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Oleksandr VoronaFinance Analyst