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
Bucharest, Romania
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
Bucharest, Romania
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
Bucharest, Romania
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
Bucharest, Sector 1
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
Bucharest, Sector 3
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
Bucharest, Sector 1
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
Bucharest, Sector 2
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, B06.2014
Bachelor of Science - Accounting
Universitatea Petrol-Gaze
Ploieşti, PH06.2012
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