Vladimir Fedoroff

Established flexible credit approval system that reduced credit risks and maximized revenues. Translated foreign subsidiaries financial reports from IFRS to U.S. GAAP and prepared consolidated financial statements in compliance with U.S. GAAP. Managed accounting departments of 7 affiliates in Ireland, Cyprus, Hungary, Ukraine, Russia, Kazakhstan and Uzbekistan. Achieved 19 day reduction in days sales outstanding (DSO) by implementing a set of improvements resulting 75% decrease in bad debts reserve.

• Managed credit risks, established credit limits, initiated collections. • Prepared accounts receivable, accounts payable, inventory, fixed assets, cost accounting, payroll, taxes and general ledger. • Performed cost accounting. • Produced monthly, quarterly and annual financial statements using U.S. generally Accepted Accounting Principles (GAAP). • Managed daily cash flows.

Generated new sales leads, acquired new strategic accounts on local markets and abroad. Created annual marketing budgets. Responsible for implementation of marketing campaigns and events. Completed diagnostic analysis of markets to ensure proper advertising and product placement. Designed marketing materials.

Developed small business plans to support local entrepreneurs in finding foreign financing. Prepared investment conferences and seminars. • Participated in creation of free economic zones. Coordinated various activities with World Bank, European Bank for Reconstruction and Development, International Financial Corporation, United Nations and UNCTAD (United Nations Conference for Trade and Development).