Andri Dan Traustason

Chief Financial Officer at PCC BakkiSilicon
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Contact Information
us****@****om
(386) 825-5501
Location
Iceland, IS
Languages
  • English Full professional proficiency
  • Icelandic Native or bilingual proficiency
  • Danish Elementary proficiency
  • German Elementary proficiency

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Max Wainwright

Andri joined the team and was immediately met with serious responsibility and tight deadlines. He took on his tasks in a calm and professional manner and showed considerable ability in working in a team to produce the budget for the bank. Andri continues to adapt and thrive in a role which has seen many changes in his time at Tesco Bank, and I would recommend him on the basis that he has shown serious potential and aptitude within his role.

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Credentials

  • Certificate in International Financial Reporting
    ACCA
    Jan, 2021
    - Nov, 2024
  • Investment Foundations Certificate
    CFA Institute
    Nov, 2019
    - Nov, 2024
  • Chartered Banker
    The Chartered Banker Institute
    Nov, 2017
    - Nov, 2024
  • Corporate Finance Essentials
    Coursera
    Nov, 2014
    - Nov, 2024

Experience

    • Iceland
    • Chemical Manufacturing
    • 1 - 100 Employee
    • Chief Financial Officer
      • Jan 2023 - Present

    • Head of Finance and Back Office
      • Apr 2021 - Jan 2023

      •Manage the department of finance and back office (8-9 FTE).•Manage the company's financial accounting, monitoring, and reporting systems.•Responsible for the procurement of services, consumables, spare parts, technical equipment, and any other items required for the business, aside from key raw materials. •Responsible for regular and ad-hoc reporting to senior stakeholders, including the Company's board.•Lead improvement projects within the department, such as: -A redesign of production cost allocation and stock management.-Implementation of new PL accounts and posting setups. Show less

    • Head of Reporting and Controlling
      • Jan 2020 - Apr 2021

      • Cash flow management and planning. Approval of payments. • Manage yearly budgeting processes and rolling reforecasts. • Oversee monthly reporting to parent company and participate in regular reviews. • Participation in preparation of annual accounts.• Company’s main contact with financial institutions.• Financial contract management.• Other internal and external reporting, e.g. in relation to board meetings and Central Bank reporting requirements.

    • Finance Specialist
      • Sep 2018 - Jan 2020

      Comprehensive analysis and reporting duties for key stakeholders.Development of processes and procedures within the finance function. Manage cash flow reporting, planning and analysis. Provide ad-hoc analysis to other divisions when requested.Reconcile key values and accounts with group companies, and coordinate related tasks. Direct reporting line to the CEO/CFO and close collaboration with executive management team.

    • United Kingdom
    • Banking
    • 700 & Above Employee
    • Forecasting Analyst, Commercial and Credit Risk
      • Apr 2018 - Sep 2018

      Role moved from 2LOD risk management to 1LOD, specifically into modelling, due to structural changes. The duties and responsibilities of the role remained largely unchanged, albeit with a stronger technical focus (e.g. SAS coding, model validation and implementation).

    • Forecasting Analyst, Financial and Credit Risk
      • Aug 2017 - Apr 2018

      Managed bad debt forecasts and produced analysis as required to support the needs of the bank. This included monthly forecasts, any ad-hoc requests, and the incorporation of known variances to forecasts. Analysed data and made use of analytical outputs in order to infer impacts on bad debt.Supported the development and implementation of a new forecasting approach under IFRS 9.Supported regulatory reporting and stress testing.The role required a strong focus on time management, controls, and good relationships with stakeholders. Show less

    • Iceland
    • Banking
    • 300 - 400 Employee
    • Advisor, Individuals & Corporates
      • May 2015 - Sep 2016

      -Provided service and advice to corporations and individuals. -Analysed business plans, annual financial statements and loan options. -Executed customer due diligence. (Position held intermittently from spring to autumn 2015 and 2016) -Provided service and advice to corporations and individuals. -Analysed business plans, annual financial statements and loan options. -Executed customer due diligence. (Position held intermittently from spring to autumn 2015 and 2016)

    • Iceland
    • Banking
    • 300 - 400 Employee
    • Advisor, Individuals
      • May 2014 - Sep 2014

    • Shipping
      • Sep 2012 - Aug 2013

Education

  • University of Edinburgh Business School
    Master of Science (MSc), Banking and Risk
    2016 - 2017
  • Háskólinn á Akureyri
    Bachelor’s Degree, Business Administration, Management & Finance
    2013 - 2016
  • Framhaldsskólinn á Húsavík
    Matriculation examination, Social Sciences
    2009 - 2012

Community

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