Viktor Vasilev, CFA, EA
Registered Investment Advisor at In Need Solutions LLC- Claim this Profile
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English Native or bilingual proficiency
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German Professional working proficiency
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Bulgarian Native or bilingual proficiency
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French Elementary proficiency
Topline Score
Bio
Steve Major
I have had the great pleasure of working with Viktor while at Sophelle. We worked closely together on applications that are mission critical to the success of the company. Viktor has shown himself to think critically, and he has been thirsty to expand his technological skills. He has inspired all of us at the company to have great confidence in his work.
Didar Erdinc
Victor is an intelligent student, curious and willing to learn. He has leadership abilities, and great work ethics. High motivation is on of his assets.
Steve Major
I have had the great pleasure of working with Viktor while at Sophelle. We worked closely together on applications that are mission critical to the success of the company. Viktor has shown himself to think critically, and he has been thirsty to expand his technological skills. He has inspired all of us at the company to have great confidence in his work.
Didar Erdinc
Victor is an intelligent student, curious and willing to learn. He has leadership abilities, and great work ethics. High motivation is on of his assets.
Steve Major
I have had the great pleasure of working with Viktor while at Sophelle. We worked closely together on applications that are mission critical to the success of the company. Viktor has shown himself to think critically, and he has been thirsty to expand his technological skills. He has inspired all of us at the company to have great confidence in his work.
Didar Erdinc
Victor is an intelligent student, curious and willing to learn. He has leadership abilities, and great work ethics. High motivation is on of his assets.
Steve Major
I have had the great pleasure of working with Viktor while at Sophelle. We worked closely together on applications that are mission critical to the success of the company. Viktor has shown himself to think critically, and he has been thirsty to expand his technological skills. He has inspired all of us at the company to have great confidence in his work.
Didar Erdinc
Victor is an intelligent student, curious and willing to learn. He has leadership abilities, and great work ethics. High motivation is on of his assets.
Credentials
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Chartered Financial Analyst (CFA) charterholder
CFA Institute Research FoundationAug, 2015- Oct, 2024 -
Enrolled Agent
Internal Revenue ServiceOct, 2016- Oct, 2024 -
Commodity Essentials
Bloomberg Essentials Training Program -
Equity Essentials
Bloomberg Essentials Training Program -
FX Essentials
Bloomberg Essentials Training Program -
Fixed Income Essentials
Bloomberg Essentials Training Program -
Life and Health Insurance Licenses
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Series 6
Financial Industry Regulatory Authority (FINRA)
Experience
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In Need Solutions LLC
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United States
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Financial Services
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1 - 100 Employee
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Registered Investment Advisor
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Jun 2017 - Present
• Served as CFO to multiple small businesses and helped them grow with business planning, financial planning and budgeting preparing industry and market analysis. Worked with US and multinational firms towards sustainable growth in their operations, infrastructure and human resources • Worked with businesses and high net worth individuals to create Investment Policy statements execute predetermined investment strategies • Building financial plans for families including debt consolidation, retirement planning, college planning, budgeting • Writing business plans for startup companies, buyouts, and acquisitions, preparing industry and market analysis, marketing strategy, operations plan, management organization plan, and financial projections • Prepared tax filings, created tax optimization strategies and filed tax reports including, income tax, payroll tax, sales tax, local tax for businesses and individuals • Provided Accounting services to clients including accounting system set up, training, recurring bookkeeping, closing accounting books and liaising with external auditors. AP/AR management, adjusting entries, creating financial statements, budgeting and planning, forecasting Show less
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The Depository Trust & Clearing Corporation
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United States
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Financial Services
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700 & Above Employee
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Senior Financial Analyst
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Nov 2015 - Jun 2017
• Managed project for identifying and eliminating pricing discrepancies, coordinating efforts among finance, customer relations and legal divisions to update prices and communicate the changes to clients • Developed and implemented a pricing calculator for a new business segment, and provided analytical support in building the go-to-market strategy • Created contracts database to provide management with insight on recurring revenue and existing client initiatives • Managed project for identifying and eliminating pricing discrepancies, coordinating efforts among finance, customer relations and legal divisions to update prices and communicate the changes to clients • Developed and implemented a pricing calculator for a new business segment, and provided analytical support in building the go-to-market strategy • Created contracts database to provide management with insight on recurring revenue and existing client initiatives
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Aspen Technology
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United States
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Software Development
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700 & Above Employee
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Senior Analyst, Sales
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May 2014 - Oct 2015
• Led junior analysts and developers to manage and improve a company-wide dashboard providing actionable data including quota attainment, sales activities and license growth. Acting as a liaison between the team and sales managers, ensuring requirements are met and improvement ideas are considered • Provided divisional senior directors with corporate planning and budgeting support by modelling growth and resources, tracking headcount, offering actuals vs. target analysis and reporting on monthly pipeline • Developed forecast accuracy model and quantified managers’ prediction biases to add probability distribution of forecasted and published quarterly targets • Prepared business requirements for custom Salesforce dashboards and analytical tools and communicated specifications with consultants and developers • Set up control processes to validate pipeline, forecast and actual, product reporting, identified weaknesses and improved business processes and data quality Show less
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New York Life Insurance Company
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United States
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Financial Services
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700 & Above Employee
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Agent
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Jan 2015 - Aug 2015
• Assisted clients and prospects in exploring and defining financial goals and objectives • Prepared customized financial plan illustrations and presented solutions for insurance, retirement or savings needs • Provided support by explaining how complex financial products work and presented recommendations to enhance the financial position of my clients • Assisted clients and prospects in exploring and defining financial goals and objectives • Prepared customized financial plan illustrations and presented solutions for insurance, retirement or savings needs • Provided support by explaining how complex financial products work and presented recommendations to enhance the financial position of my clients
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Peoplefluent
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United States
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Software Development
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100 - 200 Employee
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Financial Analyst
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Jun 2012 - May 2014
• Partnered with senior VP’s and divisional managers to keep monthly financial forecasts accurate and up to date by assessing changes in hiring plans and product demand • Provided analytical support in proposing new marketing campaigns and product initiatives • Developed dashboards showing customized KPIs, forecasts, quarterly budget variances, trend analysis, pipeline, cross-sell, up-sell analysis used for BOD meetings and executive presentations • Worked directly with the CFO to develop a company-wide price calculator for all products and services offered, tested the application and released new versions with updated pricing • Eliminated inaccuracies in commission payments and streamlined the process by developing automated Excel models for calculation and reporting for more than 150 sales representatives • Reduced commission payments variability by suggesting changes to incentive compensation plans structure • Trained junior analysts on accounting and CRM systems, generating forecasts, calculating commissions • Prepared reports and analyses on sales attainment, quota achievement, renewal rates, utilization rates, headcount, budget variance, and individual business units’ and sales manager’s performance Show less
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Sophelle
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Business Consulting and Services
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1 - 100 Employee
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Financial Analyst
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Sep 2011 - Jun 2012
• Conducted accounting month end close in accordance to GAAP – invoicing, billing, accruals• Designed and developed a proprietary ERP system capable of sales and financial reporting, project budgeting, forecasting, commission and interest calculations, loan amortization• Increased revenue by 10% by identifying projects with underutilized budgets• Prepared quarterly executive finance slide decks and presented in front of CEO, COO and VP’s• Performed financial planning and sales analysis, annual quota preparation, budgeting and forecasting Show less
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Finance and Accounting Intern
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Feb 2011 - Sep 2011
• Designed and developed automated applications for scorecard preparation, compensation calculation, detailed P&L reporting by using VBA programming for automation and power point as a front end user interface• Improved the ERP system by creating and automating finance and accounting reports on Ad-hoc basis• Identified crucial operating risks and developed key internal control
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A1 Inc
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India
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Appliances, Electrical, and Electronics Manufacturing
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Accountant
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May 2010 - Sep 2010
• Implemented QuickBooks and Set up of chart of accounts • Prepared financial statements in compliance with US GAAP • Implemented QuickBooks and Set up of chart of accounts • Prepared financial statements in compliance with US GAAP
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Associate
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Jan 2008 - Apr 2010
• Contributed to diverse teams of consultants for solving clients’ challenging problems in the fields of assurance, M&A and due diligence, business valuations, corporate operations and organizational effectiveness • Implemented DCF, relative valuation and market analysis for business valuations in the real estate industry. Determined discount rates on the basis of assessed specific project risks and country risk premiums • Automated test of controls procedures for Net Asset Value calculation at Mutual Funds, Pension Funds, Asset Management companies • Assisted clients to accomplish compliance with IFRS and applicable laws and regulations. Prevented sanctions and reduce potential taxes and fines • Identified crucial irregularities including inappropriate asset classification, untimely revenue and expense recognition, contract inconsistencies • Advised clients regarding inefficiencies in their business units and in their entity and activity level controls • Prepared management letters for each client with findings, risk identifications and recommendations • Assessed the level of compliance of the systems for internal control and management within the ministries of the Bulgarian government with the European Commission regulations under the criterion “Audit Trail” Show less
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Junior Accountant
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Sep 2006 - Jan 2007
• Developed data base for the fixed assets and equipment of the company • Developed data base for the fixed assets and equipment of the company
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Education
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2010 - 2011
Bentley College - Elkin B. McCallum Graduate School of Business
M.Sc., Finance -
2003 - 2007
American University in Bulgaria
BA, Business Administration & Economics -
1997 - 2003
English Language School Plovdiv
High School, English, German
Community
