Ilze Rendniece

CFO at Liepaja Special Economic Zone (LSEZ)
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Contact Information
us****@****om
(386) 825-5501
Location
Liepaja, Latvia, LV

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Experience

    • Latvia
    • Government Administration
    • 1 - 100 Employee
    • CFO
      • Mar 2021 - Present

      Organize part of the work and be responsible for the fulfillment of the tasks and responsibilities assigned to it. Provide advice to management on how to improve performance and increase efficiency. Determine the division of responsibilities between unit staff and monitor compliance. Provide management proposals for recruitment, transfer, dismissal, bonuses, disciplinary action, etc. Prepare a proposal for the necessary training to ensure the professional level of some employees. To ensure the organization of the office's accounting work and financial accounting, to control and prepare reports in accordance with the requirements of regulatory enactments and accounting of the use of financial resources in accordance with the requirements of the European Union financial programs and other foreign financial assistance projects. Monitor the efficient and economic use of financial resources so that they are targeted and used in accordance with the financing plans. Ensure the submission of financial statements. Provide analysis of financial information to assess the effectiveness of the use of financial resources available to the institution. Participate in salary development. Ensure control of the company's credit liabilities and receivables settlement and systems. Prepare appropriate annual revenue and expenditure budget and cash flow forecasts for the next five years. Prepare budget implementation reports and the resulting analysis and conclusions, as well as plan action proposals in case of budget default. Prepare decisions on accounting policy issues. Participation in long-term investment planning and takeover of infrastructure investments and compensation in the port process. Participate in the work of procurement commissions. Show less

    • United Kingdom
    • Staffing and Recruiting
    • 1 - 100 Employee
    • Head of Finance (CFO) and Administration
      • Jul 2020 - Mar 2021

      Supervision of the Financial and Administrative Department. Excluding tax risks. In-depth tax advice for management and participants. Management of financial instruments - bank guarantees, insurance guarantees. Review of legal documents at the level of financial and tax risks. Cash flows, budgeting, monitoring of the fact and forecasting dates, weeks, months and years. For the management of the financial report on project execution, with fact-to-forecasts for project completion phases. Risk management - Value Audit, Optimization, Control, Reorganisation and Action Development. Show less

    • United States
    • Construction
    • 1 - 100 Employee
    • Member of the Board (CFO)
      • Jan 2018 - Oct 2020

      Financial control of the Swedish construction company. Outsourcing Accounting Financial Work Supervision. Cash flow statements, monthly accounting checks. Work with external auditors, monitoring the annual report. Financial control of the Swedish construction company. Outsourcing Accounting Financial Work Supervision. Cash flow statements, monthly accounting checks. Work with external auditors, monitoring the annual report.

    • Motor Vehicle Manufacturing
    • Chief Financial Officer
      • Nov 2017 - Jun 2020

      Construction accounting. Accounting department work supervision, tax risk of exclusion, financial and tax advice. Chief Accountant job monitoring internal control. Chief accountant working procedures developed. Working with general ledger, accounts receivables and account payables etc accountancy procedures. Daily, monthly, yearly cash flow an budget control with forecasts. Construction accounting. Accounting department work supervision, tax risk of exclusion, financial and tax advice. Chief Accountant job monitoring internal control. Chief accountant working procedures developed. Working with general ledger, accounts receivables and account payables etc accountancy procedures. Daily, monthly, yearly cash flow an budget control with forecasts.

    • Senior Associate in Tax
      • Oct 2017 - Nov 2017

      Tax advisory for group companies, in-depth corporate income tax. Tax advisory for group companies, in-depth corporate income tax.

    • Financial Advisor
      • Jan 2015 - Oct 2017

      Financial control, accounting department work supervision, tax risk of exclusion, financial and tax advice. Chief Accountant job monitoring internal control. Chief accountant working procedures developed. Working with general ledger, debtors, creditors. Balance sheet. Financial activity in oil business sector and oil products from the stock market, the currency effect on the listing, the international transport of terminology, function and application. Hedging services, accounting, various financial instruments accounting. Tax audit monitoring and control. Business development analytics. Budgeting, financial data analytics. Show less

    • Chief Accountant at Finance Department
      • Dec 2015 - Mar 2017

      Financial control, accounting department work supervision, tax risk of exclusion, financial and tax advice. Chief Accountant job monitoring internal control. Chief accountant working procedures developed. Working with general ledger, accounts receivables and account payables etc accountancy procedures Financial control, accounting department work supervision, tax risk of exclusion, financial and tax advice. Chief Accountant job monitoring internal control. Chief accountant working procedures developed. Working with general ledger, accounts receivables and account payables etc accountancy procedures

    • CFO and Chief Accountant
      • Oct 2013 - Nov 2014

      Organization of work of 27 accountants, service providers. Dealing with customers,presentation of financial results, new project development - the introduction ofthe tax, accounting principles counseling. Financial management oversight.

    • Chief Accountant
      • Jul 2011 - Nov 2014

      Chief Accountant, accounting outsourcing Company. Oversaw 40 companies. Monitoring management and financial field - toorganize daily work, management reports, monthly financial reporting, budgetpreparation, consolidation, participation in management meetings on the futurerisk of withdrawals, communication with customers, representatives, procurators.

    • Germany
    • Plastics Manufacturing
    • 1 - 100 Employee
    • Manager of accounting department (internship)
      • Oct 2014 - Oct 2014

      General goals of my internship was to see the process, procedures and rules of finance/accounting department. To get ideas how to successfully plan and organize process in finance/accounting department, to explore organizational process and find the way for employees work/time optimization. I saw how work is organized step by step: what kind of time shedules has employees, how about responsibility of the work, if some procedures/results are note in deadline done, what kind of internal reports employees need to completed,employees work time optimization, rsponsibilities, team building, motivation resourses/system, audit process in company, budget planning (principles), circulation process of documents inside the company (accounting procedures - from the moment when you get invoice till the moment when you have paid it), personal management - division between departments. Show less

    • Board Member
      • Jul 2007 - Dec 2012

      Member of the Board, the accounting outsourcing company. Financial management of 25 companies. Outsourcing bookiping, full accountancy process. Member of the Board, the accounting outsourcing company. Financial management of 25 companies. Outsourcing bookiping, full accountancy process.

    • Restaurants
    • 200 - 300 Employee
    • Chief Financial Officer
      • Sep 2005 - May 2007

      Chief Financial Officer in Latvia, Latvian legislative implementation of the Finnish accounting system. Chief Financial Officer in Latvia, Latvian legislative implementation of the Finnish accounting system.

    • Business Consulting and Services
    • 700 & Above Employee
    • Auditor
      • 2003 - 2004

      Semie senior auditor Semie senior auditor

Education

  • LU Institute of Accountancy
    2. Level professional higher education – economics, auditing process, accountancy, financial analyst, Accountancy
    2000 - 2005

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