Tal Shmuel

Corporate Controller at NextFerm (TASE: NXFR)
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Contact Information
us****@****om
(386) 825-5501
Location
North District, Israel, IL

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Experience

    • Israel
    • Food and Beverage Services
    • 1 - 100 Employee
    • Corporate Controller
      • Jul 2022 - Present

    • Israel
    • Farming
    • 1 - 100 Employee
    • Corporate Controller
      • May 2020 - Jul 2022

      - Preparation of consolidated budget based of cost per item for all the companies in the group and management of the monthly, quarterly, and annual close process. - Ongoing financial planning and management of the company’s budgeting process - Improving, developing, and documenting accounting and finance-related policies and procedures. - Manage and comply with annual statutory audit, government reporting requirements and tax filings. - Reviewing and implementing work procedures within the departments. - Responsible for overall global Consolidation, including subsidiaries reporting package review and inter-company settlement compliance. - Compile, analyze and monitor the activities and results of the company and its subsidiaries. - Lead projects related to accounting and financial reporting and partner with the business to assess implications on processes and systems triggered by business initiatives. - Prepare Transfer Pricing calculations for the group. Show less

    • United States
    • Biotechnology
    • 1 - 100 Employee
    • Corporate Controller
      • Jul 2018 - Jun 2020

      - Preparation of consolidated financial statements under US GAAP of nine Companies in the group. - Review and oversee subsidiaries (In Europe, Asia, Israel and US) reporting packages. - Create and implement global and unified accounting procedures of all the Companies in the group. - Implement, document and maintain adequate and effective internal controls. - Implement, document and maintain adequate and effective processes to improve the close and reporting cycles to ensure timely and accurate reporting. - Proper analytical review of the asset operations from a balance sheet, income statement and cash flow perspective as well as an overall business perspective of all the Companies in the group. - Preparing with the finance team the US GAAP financial statements under Sec regulation, quarterly and annually in Forms 10-K and 10-Q. - Provide analytical overview to Budget VS Actual. - Compliance with local law in the relevant jurisdictions including preparation of annual statutory financial statements tax returns of the parent Company on the US. - Responsibility for complicated group accounting issues. - Work closely with auditors and other financial service providers. - Working with other department managers, ongoing communication and cooperation with other departments to understand, design and record appropriately financial results. - Leading the accounting treatment of the Mergers and acquisitions (M&A) in the group. - Wrote technical memos to ensure proper accounting of all transitions in accordance with ASC 606. Show less

    • United Kingdom
    • IT Services and IT Consulting
    • 700 & Above Employee
    • Manager
      • Dec 2011 - Jul 2018

      - Audit of public companies according to IFRS and US GAAP. - Preparation and audit of financial statements in accordance with US GAAP. - Audit of overseas subsidiaries, including consolidation process and preparation of financial statements and working papers. - Preparation of tax reports. - Ongoing work with controllers and CFO's in Israel and abroad. - Accompaniment of companies in the transition from Israeli GAAP to IFRS. - Accompaniment of companies in the process of IPO. - Experience in a variety of sectors with an emphasis on high-tech and biotech. - Team manager of assurance work over public and private companies in the High-Tech Industry. - Experienced with revenue recognition methods according to IFRS & US-GAAP. - Mentor, train and develop junior accounting staff. - Manage team performance with an emphasis on efficiency and excellent customer service. Show less

    • Israel
    • Civic and Social Organizations
    • 1 - 100 Employee
    • Instructor
      • Nov 2011 - Mar 2015

    • Israel
    • Defense and Space Manufacturing
    • 100 - 200 Employee
    • System Administrator
      • 2009 - 2014

Education

  • The College of Management Academic Studies
    Bachelor of Business Administration - BBA, Accounting and Business/Management
    2008 - 2012

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