Summary
Overview
Work History
Education
Skills
Squash
Timeline
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Valentin-Nicolae Tancau

Valentin-Nicolae Tancau

Bucharest,Sector 3

Summary

Experienced professional with talents in planning, budgeting and forecasting. A reliable Finance Manager focused on reporting and mentoring employees in data processes.

Overview

12
12
years of professional experience

Work History

Head of Controlling

Returo Sistem Garantie Returnare SA
04.2024 - Current
  • Coordinating the Controlling Department activity (2 Controllers & 1 Master Data Operator)
  • Responsible with all reporting processes within the company (including offering support to other department i.e. logistics, operations, commercial)
  • Preparing and presenting Management Reports to the Board of Directors
  • Very involved in developing the IT System and Accounting System (design, testing)
  • Created the internal controls framework
  • Support in internal/external audits
  • Reporting to the banks
  • Developed monthly rolling forecast
  • Implemented KPI's reporting

Senior Financial Controller

Returo Sistem Garantie Returnare SA
05.2023 - 03.2024
  • Involved in the early stages of the company (startup phase)
  • Contributed to the financing project (68,6 MEUR in CAPEX, 16,6 MEUR in Working Capital)
  • Approached various stakeholders and involved in various activities (discussions with recyclers, tenders)
  • Created reporting process and management reports, covenant reports
  • Created 1st detailed budget of the company
  • Recruited 2 Financial Controllers and 1 Master Data Operator
  • Support and active involvement in external and internal audits
  • Reporting to authorities (ESG)

Group Financial Controller

Olx Online Services SRL
09.2021 - 05.2023
  • Actively participated in the Group Budgeting process
  • Collaborated with external auditors during annual audit processes, ensuring timely completion and accurate representation of the company''s financial position.
  • Strengthened financial control by implementing rigorous internal audit processes and risk management strategies.
  • Advanced financial reports, monthly analysis of actual versus budget, developed monthly rolling forecast
  • Coordinating month end closing for 4 entities (OLX Real Estate Romania,OLX Real Estate Portugal,OLX Real Estate Poland, Kiwi Finance)

CFO

Mediafax Group SA
05.2021 - 09.2021
  • Coordinate the Finance Department (8 persons)
  • Preparation and analysis of budgets, business plans, forecasts
  • Supervision/review of controlling activities
  • Supervision of month end closing procedures
  • Preparation of analysis actual vs budget and cash flow prognosis
  • Implementing/updating the reorganisation plan and reporting to the judicial administrator
  • Computation of sales bonuses
  • Supervision of treasury and collection

Financial Analyst

Mediafax Group SA
11.2017 - 05.2021
  • Preparation of monthly reporting packages
  • Preparation of consolidated reporting packages (7 companies)
  • Responsible with the financial audit process (communication with the audit team, centralising informations or documents, provide explanations for the accounting policies/treatments)
  • Preparation of company budgets
  • Preparation of various reports requested by management
  • Attendance at management meetings
  • Coaching offered to junior staff

Senior Auditor

Deloitte Romania
02.2016 - 10.2017
  • Coordinating audit engagements (RAS & IFRS)
  • Planning audit engagements/documenting audit risks and testing internal controls
  • Summarize and document issues/deficiencies identified and work with the Audit Manager in order to issue the Audit Report

Audit Intern to Senior Auditor

Mazars Romania
12.2012 - 01.2016
  • Stocktaking attendance and preparation of stocktake folder
  • Member of audit team – responsible with sections from audit engagement
  • Checking accounting records with physical documents
  • Preparation and analytical review of Financial Statements

Education

Master of Science - Accounting

Academia De Studii Economice
Bucharest, B
06.2014

Bachelor of Science - Accounting

Universitatea Petrol-Gaze
Ploieşti, PH
06.2012

Skills

  • Financial analysis
  • Forecasting
  • Budgeting
  • Reporting expertise
  • Business planning
  • Financial statement review
  • Internal & External audits
  • Thriving in fast pace environments and tight deadlines

Squash

Weekly Squash Sessions with friends

Timeline

Head of Controlling

Returo Sistem Garantie Returnare SA
04.2024 - Current

Senior Financial Controller

Returo Sistem Garantie Returnare SA
05.2023 - 03.2024

Group Financial Controller

Olx Online Services SRL
09.2021 - 05.2023

CFO

Mediafax Group SA
05.2021 - 09.2021

Financial Analyst

Mediafax Group SA
11.2017 - 05.2021

Senior Auditor

Deloitte Romania
02.2016 - 10.2017

Audit Intern to Senior Auditor

Mazars Romania
12.2012 - 01.2016

Master of Science - Accounting

Academia De Studii Economice

Bachelor of Science - Accounting

Universitatea Petrol-Gaze
Valentin-Nicolae Tancau