Ramute Ribinskiene

Chairperson of Audit Committee, Independent member at Telecentras
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Contact Information
us****@****om
(386) 825-5501
Location
Lithuania, LT
Languages
  • Lithuanian -
  • English -
  • Russian -

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Experience

    • Lithuania
    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Chairperson of Audit Committee, Independent member
      • Jul 2022 - Present

    • Lithuania
    • Events Services
    • 1 - 100 Employee
    • Chairwoman of the Board, Independent member
      • Jan 2022 - Present

    • CFO I CEO I COO I Board member
      • 2021 - Present

      Proven capability to lead organizational change, strategy planning and execution, implementing corporate and structural changes that increase company value. Personal attitude on company's efficiency and excellence in performance. • Extensive background in developing strategy • Able to evaluate the effectiveness of the organization and implement changes • Strong business acumen managing to “bottom-line” profitability, cost optimization • Proficient at accurately budgeting and forecasting • Proven track record of having excellent fundraising ability • Excellent leadership, management and organizational skills with proven track record Show less

    • Member of the Supervisory Board
      • 2019 - Present

      Responsibilities: adoption of the corporate strategy and supervision of its implementation, strategic decision making. Responsibilities: adoption of the corporate strategy and supervision of its implementation, strategic decision making.

    • Lithuania
    • Airlines and Aviation
    • 100 - 200 Employee
    • CFO
      • 2020 - 2021

      Responsibilities: financial management, financial and management accounting, public procurement, strategic planning. • In 2020 initiated the appeal to the government for 10M EUR dividends exemption; State Enterprise was exempt from paying dividends • Successfully have led negotiations with NIB regarding the financing for 70M EUR • Estimated the cash flow risks related to the second wave of COVID19; have received an overdraft of 5M EUR in Summer 2020 • Prepared a plan for the transition from State Enterprise into Public Limited Company Show less

    • Member of the Board
      • 2018 - 2021

      Responsibilities: adoption of the corporate strategy and supervision of its implementation, strategic decision making. Responsibilities: adoption of the corporate strategy and supervision of its implementation, strategic decision making.

    • Lithuania
    • Utilities
    • 100 - 200 Employee
      • 2019 - 2019

      • 2016 - 2019

      Responsibilities : financial management, financial and management accounting, public procurement, strategic planning, IT.• Successfully executed the takeover from Vilniaus Energija to Vilnius CHC (finance, pricing, customer service and IT)• Successfully led the negotiations with banks for a 31M EUR loan• Established a department team; successfully implemented ERP and billing systems• Optimized OPEX by reducing the headcount by 15%, transportation and other administrative expenses by 30% Show less

    • Lithuania
    • Information Technology & Services
    • 1 - 100 Employee
    • Group CFO
      • 2014 - 2015

      Responsibilities : financial management, financial and management accounting, supply and logistics, legal management, quality management. • Prepared a share prospectus (financial part), participated in the business valuation process • Prepared the first financial statement for NASDAQ listing • Executed the negotiations with DNB for a short-term loan for 2M EUR Responsibilities : financial management, financial and management accounting, supply and logistics, legal management, quality management. • Prepared a share prospectus (financial part), participated in the business valuation process • Prepared the first financial statement for NASDAQ listing • Executed the negotiations with DNB for a short-term loan for 2M EUR

    • Lithuania
    • Consumer Services
    • 300 - 400 Employee
      • 2013 - 2013

      Responsibilities: adoption of the corporate strategy and supervision of its implementation, strategic decision making.

      • 2010 - 2013

      Responsibilities: financial management, financial and management accounting, public procurement, asset management, legal management.• Successfully executed the consolidation of VST and RST in 2010 • Established an effective finance division structure, reduced the number of staff by 15%• Reduced the OPEX of the consolidated enterprise by 13%• Prepared a long-term financial plan for generating funds for the strategic project

    • Lithuania
    • Leasing Real Estate
    • Member of the Board
      • 2010 - 2011

      Responsibilities: adoption of the corporate strategy and supervision of its implementation, strategic decision making. Responsibilities: adoption of the corporate strategy and supervision of its implementation, strategic decision making.

    • Estonia
    • Construction
    • 1 - 100 Employee
    • CFO
      • 1998 - 2009

      Responsibilities: financial management, financial and management accounting, administration, IT. • The establishment of Merko in Lithuania; created financial and administrative processes • Established the investment and construction project management process • Implemented the percentage of completion method for revenue recognition • Prepared the plan to optimize expenses in response to the economic crisis of 2008 Responsibilities: financial management, financial and management accounting, administration, IT. • The establishment of Merko in Lithuania; created financial and administrative processes • Established the investment and construction project management process • Implemented the percentage of completion method for revenue recognition • Prepared the plan to optimize expenses in response to the economic crisis of 2008

Education

  • Vilnius University
    Master, Economic cybernetics

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