Experienced Senior Finance Specialist with 8 years of experience in Accounting and Finance. Excellent reputation for resolving problems, improving customers/stakeholders satisfaction, and driving overall operational improvements.
Overview
9
9
years of professional experience
Work History
Senior Finance Specialist, Team Lead (R2R)
SAP Services S.r.o
06.2023 - Current
Support hiring manager throughout the recruitment process;
Lead and supervise the Royalty R2R team, providing guidance, coaching, and mentorship to team members;
Oversee the end-to-end R2R process for royalty transactions, ensuring accuracy, completeness, and compliance with accounting standards and contractual obligations;
Serve as the primary point of contact for internal and external stakeholders on royalty-related matters, addressing inquiries and providing expert guidance.
Coordinate with cross-functional teams, including Transfer Pricing, Global Licensing, Revenue, to obtain necessary data and documentation for royalty calculations and reporting;
Prepare accurate and timely financial reports and analysis related to royalty revenue;
Ensure compliance with regulatory requirements, accounting principles, and internal policies in financial reporting and disclosure related to royalties.
Monitor and assess risks associated with royalty accounting and reporting, implementing mitigating controls and measures as necessary.
Collaborate with IT and Process Management teams to implement system upgrades, enhancements, and integrations to support the Royalty R2R process.
Senior Finance Specialist (R2R Royalty)
SAP Services S.r.o.
07.2019 - 06.2023
Calculating and recording the monthly royalties for various IP-owners;
Allocating I/CO costs between SAP entities;
Preparing documentation for internal and external audits, including SOX testing with the auditors;
Performing the revenue reconciliation analysis to ensure appropriate revenue recognition by the product type;
Collaborate with internal stakeholders, including finance, accounting, and customer service teams, to resolve royalty-related inquiries and issues;
Working in collaboration with IT to develop more accurate, automatic engine for revenue/royalty check;
Contribute to ad-hoc projects and initiatives related to payment operations and financial management as assigned;
Finance Specialist (R2R Royalty)
SAP Services S.r.o
10.2018 - 07.2019
Royalty administration of third-party licensing agreements and SAP end user licensing agreements with respect to third party products across the SAP Group ;
Review, calculation & reporting of third-party royalty fees arising from SAP reselling third party intellectual property (IP), based on aforementioned agreements;
Administer and handle Special Bid Offers (SBO) and/or Customer Third Party Offerings (CTPO);
Serve as a stakeholder for internal and external financial audits;
Finance Specialist, Regional Team Lead (P2P)
SAP Services S.r.o.
09.2018 - 10.2018
Performing timely P2P, tax and HR related payments;
Treasury support (cash-flows and prognosis, following exchange rate changes);
Team lead for MENA, CIS and CEE regions (supporting manager during the interviews, training team members, improving process, monitoring performance of newcomers, etc.);
Solving the first level escalations and creating root-cause analysis for stakeholders;
Assist in the development and implementation of payment-related policies, procedures, and controls to mitigate risks and ensure regulatory compliance;
Support hiring manager throughout the recruitment process;
Provide support and training to team members on payment processes, systems, and tools as needed;
Finance Associate (P2P Payments)
SAP Services S.r.o
06.2016 - 09.2017
Process outgoing payments accurately and efficiently, utilizing various payment methods and platforms.
Verify and reconcile payment transactions to ensure accuracy and compliance with company policies and procedures.
Collaborate with internal stakeholders, including finance, accounting, and customer service teams, to resolve payment-related inquiries and issues.
Maintain up-to-date records of payment activities and documentation for audit and reporting purposes.
Monitor payment processing systems and procedures, identifying opportunities for improvement and implementing best practices to enhance efficiency and effectiveness.
Finance and Sales Associate
Xerox S.r.o.
06.2015 - 06.2016
Reviewing documentations to analyze the overall fact pattern of a claim;
Managing and prioritizing a larger case load effectively to achieve positive result;
Receiving inbound and outbound customer calls;
Preventing fraud activities;
Refunds making process.
Education
Master of Science - Economics And Management
Czech Agricultural University
Prague, Czech Republic
Bachelor of Science - Finance And Credit
National University Of Life Sciences Of Ukraine
Kyiv, Ukraine
Skills
MS Office (Excel, Word, Outlook, PowerPoint)undefined
Timeline
Senior Finance Specialist, Team Lead (R2R)
SAP Services S.r.o
06.2023 - Current
Senior Finance Specialist (R2R Royalty)
SAP Services S.r.o.
07.2019 - 06.2023
Finance Specialist (R2R Royalty)
SAP Services S.r.o
10.2018 - 07.2019
Finance Specialist, Regional Team Lead (P2P)
SAP Services S.r.o.
09.2018 - 10.2018
Finance Associate (P2P Payments)
SAP Services S.r.o
06.2016 - 09.2017
Finance and Sales Associate
Xerox S.r.o.
06.2015 - 06.2016
Master of Science - Economics And Management
Czech Agricultural University
Bachelor of Science - Finance And Credit
National University Of Life Sciences Of Ukraine
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