See How Many Clients You're Missing Each Month

Simply enter your business email & Topline AI Agent will show you.

Bio

Generated by
Topline AI
Itay Vago is a seasoned finance professional with 20+ years of experience in financial reporting, auditing, and accounting. He has held various leadership positions, including Chief Financial Officer at IM Cannabis (IMC) - Premium Medical Cannabis and Financial Controller at Telit. He has a strong educational background in finance, holding an MBA from Tel Aviv University and a BA in Economics and Accounting from Bar-Ilan University.

Experience

    • Chief Financial Officer
      • Oct 2022 - Nov 2023
      • Israel

    • Financial Controller
      • Jun 2018 - Oct 2022
      • Israel

      • Leading achievement of the Company's financial KPI on target sales, operational expenses and cash position. Supporting company’s double digit growth YoY. • Managing local accounting department and leading remote support team of accountants, including: AP, AR, Cash and Banking, reporting and tax.• Leading preparation of annual budget and long term budget for several BUs; Developing reliable operational and financial forecasts to management and regional finance.• Business partnering to the business units directors and therapeutical areas to build and prepare patient models and funnels. Supporting senior management in strategic and business plans.• Ensure product profitability in commercial negotiations.• Responsible on company's financial reporting, tax affairs, transfer price, external audits and payroll.• Implementing and absorption of Financial Controls Framework in the Company and ensuring adherence of policies and procedures.• Successful implementation of global finance transformation projects.• Responsible on operational matters of the company including: lease deals, office rent, IT assets and orders, fixed assets and facilities services.

    • United States
    • Wireless Services
    • 700 & Above Employee
    • CFO APAC
      • Jan 2017 - Jun 2018

      • Managing a remote Finance and HR teams of 18 employees in Asia Pacific region. Leading the work between the groups' different organizations, including top management, and the region functions.• Responsibility on financial performance and improving tax results in APAC. Approval of budgets and recruitments.• Member in group's finance steering committee. Improving procedures, policies and processes integration.• Group's Chief Credit Officer–supervision on global customers' collection, credit lines and profitability. Managing negotiations and collection processes of old bad debts by approving repayment plans to customers.• Leading the group's insurance global master policy, including product liability and professional liability.• Chief controller of the group's UK ultimate parent company Telit Communications PLC.• Leading integration of 2 new acquired companies with more than 60 employees: implementation of group's systems and policies and approval of employees' retention plans.

    • Controller
      • Aug 2014 - Jan 2017

      • Managing all financial aspects of all Israeli subsidiaries, including direct management of accountants; working with high-level management, auditors, suppliers, customers, banks etc. • Preparation of annual financial statements (IFRS) and tax returns; proven experience in grants and reduced tax applications and closing tax assessments with tax authorities. • Preparation, reporting and monitoring annual OPEX budget of different business units.• Managing hundreds of customers revenue postings, collection and credit lines.• Monitoring bank covenants and approving weekly cash flow by transactions.

    • Controller
      • Apr 2010 - Aug 2014
      • Israel

      • Leading team of accountants, working with local and abroad management and auditors.• Preparation of annual financial statements (IFRS and US GAAP), tax returns and authorities reporting.• Controlling monthly financial close, and analysis of inventory costing reports and payroll costs, cash flow forecasts, hedging and banking activities• Preparation, reporting and monitoring annual budget to different organizations.

    • Senoir Audit Associate
      • Oct 2007 - Apr 2010

      • Financial statements audit and review of public and private companies (IFRS, US GAPP and Israeli GAAP). • Managing and instructing an audit team. • Auditor at Risk Management department - review of companies' processes, flows and systems mapping.

    • Finance student
      • Sep 2006 - Oct 2007
      • Israel

Education

  • 2009 - 2010
    Tel Aviv University
    MBA, MBA - Financial Management
  • 2004 - 2008
    Bar-Ilan University
    BA, Economics and Accounting

Suggested Services

This profile is unclaimed. These are suggested service rates with 0% commision upon successful connection

Industry Focus. “Pharmaceutical Manufacturing”

Looking to Create a Custom Project?

Need a custom project? We'll create a solution designed specifically for your project.

Get Started

References

Social Profiles

Community

You need to have a working account to view this content. Click here to join now

Similar Profiles