Magdalena Kostadinova

Financial Controller at Proxiad SEE
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Contact Information
us****@****om
(386) 825-5501
Location
Lozenets, Sofia City, Bulgaria, BG

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Experience

    • Bulgaria
    • IT Services and IT Consulting
    • 100 - 200 Employee
    • Financial Controller
      • Jan 2016 - Present

      - Monthly closing: * assisting the accountant during the closing and VAT preparations * preparation of reports for bulgarian and french management (management reports) * different analysis and comments regarding the results * reconciliations; - Control over expenses and cash; - Receivables and payments analysis; - Budgeting and forecasting; - Process optimisations - Monthly closing: * assisting the accountant during the closing and VAT preparations * preparation of reports for bulgarian and french management (management reports) * different analysis and comments regarding the results * reconciliations; - Control over expenses and cash; - Receivables and payments analysis; - Budgeting and forecasting; - Process optimisations

    • Germany
    • IT Services and IT Consulting
    • 700 & Above Employee
    • Regional Financial Controller
      • Feb 2013 - Mar 2015

      - Countries: West – East (2013): Bulgaria, Czech Republic, Belgium, Hungary; Emerging markets (2014): Russia, Belarus, Brazil; - Assisting the Finance managers during the monthly closing and solving accounting issues; - Ongoing monthly assistance; - Direct communication with Regional CFO and Group controlling; - Directly contacting Country managers for actual results and planning; - Analysis and communication of actual performance and preparation of presentations for the management; - Quarterly forecasting and monthly update on budget; - Budgeting, long - term planning and project evaluations. Show less

    • United States
    • Information Technology & Services
    • 700 & Above Employee
    • Financial Controller
      • Dec 2010 - Jan 2013

      - Calculation of the revenue of fixed price projects; - Follow – up and analysis of the P&L of each project including Time & material projects; - Reconciling the contract to the actual work and project status; - Contacting clients for different project issues (invoicing, contract etc.); - Discussions with the management about the potential financial risks related to the project development. - Calculation of the revenue of fixed price projects; - Follow – up and analysis of the P&L of each project including Time & material projects; - Reconciling the contract to the actual work and project status; - Contacting clients for different project issues (invoicing, contract etc.); - Discussions with the management about the potential financial risks related to the project development.

    • Business Consulting and Services
    • 700 & Above Employee
    • Experienced audit assistant
      • Sep 2007 - Dec 2010

      - IAS understanding; - Understanding of the client and its business; - Testing internal controls and their effectiveness; - Detailled testing and analytical procedures of all flows of transactions; - Collect and analyse data; - Communication with clients; - Preparation of reports. - IAS understanding; - Understanding of the client and its business; - Testing internal controls and their effectiveness; - Detailled testing and analytical procedures of all flows of transactions; - Collect and analyse data; - Communication with clients; - Preparation of reports.

    • Bulgaria
    • Travel Arrangements
    • 1 - 100 Employee
    • Accountant
      • Dec 2006 - Aug 2007

      - Accounting of all cash and bank transactions together with monthly reconciliations; - Invoicing and bad debts analysis. - Accounting of all cash and bank transactions together with monthly reconciliations; - Invoicing and bad debts analysis.

Education

  • IAE de Bordeaux
    Master's degree, Accounting, control and audit
    2008 - 2009
  • University of national and world economy, Sofia
    Master's degree, Accounting
    2006 - 2008
  • Sofia University St. Kliment Ohridski
    Bachelor's degree, Business Administration and Management, General
    2002 - 2006

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