Rostyslav

Rostyslav Kulchykovsky
Chief Financial Officer
[open contact info](look above in the "contact info" section) [open contact info](look above in the "contact info" section) Ukraine, 02091 Kyiv

Employment Personal details
CFO, Management Board Member Dec 2022 - Present Gender
INO The Developer, Real Estate, Kyiv Male
Key tasks and responsibilities:
- Running financial function LinkedIn
- Management accounting [open contact info](look above in the "contact info" section)
- Business analysis and reporting kulchykovsky-1bb1b97/?trk=
- Treasury & liquidity management opento_sprofile_details
- IFRS reporting
- Tax planning
- Financial team management Education and
Achievements: Certificates
- Set up financial function from scratch
- Developed and set up international legal structure of the Kyiv National Linguistics
business University
- Developed legal and operational schemes for real estate Kyiv
construction and sales to legally optimize taxes 1992 - 1997
- Created a business and financial model for an unprecedent MA, English and German
real estate project in Ukraine languages

Kyiv National University of
CEO, Co-founder 2015 - 2022 Economics
Zengimas, Manufacturing, Kyiv Kyiv
Key tasks and responsibilities: 2013 - 2016
- Administering the business in general (normal CEO’s activities) MBA
- Client relationship
- Origination of new sales and retention of existing Clients Association of Chartered
- Development of new products Certified Accountants (
- Pricing policy ACCA)
Achievements: London
- Won all the TOP Ukrainian Gas Filling networks as our clients 1998 - 2001
- Became a preferred supplier for the above Gas Filling networks Audit, Accounting, Finance,
- Grew market share from zero to 40% Management
- Sale of 25% of the Company to an external investor
6 Sigma Black Belt,
CFO, Management Board Member 2018 - 2020 Raiffeisenbank
Babyn Yar Holocaust Memorial Center, NGO, Kyiv Vienna
Key tasks and responsibilities: 2004 - 2004
- Set up of Finance Function Business Process
- Risk management Management/ Quality Control
- Treasury
6 Sigma Train the Trainer,
- Accounting and Reporting
Raiffeisenbank
- Cost Control
Vienna
- Processes and Procedures set up
2004 - 2024
- Budgeting
Coaching on 6 Sigma
- Set up of international structure for fundraising
methodology and Business
Achievements:
Processes Improvement
- financial reporting and forecasting implemented
- selected and implemented IT cost control solution
- implemented best practices in cost control
- Implemented budgeting and cost allocation system
Skills
- established international structure for fundraising (EU+USA) Business administration
CFO, Management Board Member 2014 - 2015
Vostok Finance Group, Collection, Kyiv Performance improvement
Key tasks and responsibilities:
- Running the finance of a multinational business
- Management of all back office functions, including Strategic thinking
administration, procurement, HR, accounting, etc.
- Planning expansion and operational capacity of the Group
- Participation in fund raising, including debt and equity Financial Management
- Corporate debt restructuring and management
- Cost control and optimization, tax structuring of the Group
- Delivering annual audit conducted by one of Big4 companies
- Organizing timely and accurate financial reporting Languages
Achievements:
- Restructured Back Office to segregate functions and cut costs English
- Implemented tax planning process
- Implemented Capacity Planning Tool for the Group’s Call Center
Ukrainian
CAO/CFO, Management Board Member 2011 - 2012
Renaissance Capital, Investments, Central and Eastern Europe, Kyiv
German
Key tasks and responsibilities:
- Overall responsibility for daily company operations, budget
execution and strategy implementation
- Responsible for Finance function
- Strategy development and implementation
- Supervision of business support functions within the region
- Coordinating Front and back office
- Ensuring application of global policies for PO processes
- Implementation of cost control policies in the region
- Tuning key business processes
- Supervision of staff resourcing and interaction
- Coordination of compensation and performance review
processes
- Cooperation with financial institutions, including finance
attraction
- Preparation of Company's IFRS and Statutory financial
statements
Achievements:
- Attracted local funding
- Closure of strategically redundant offices in the region

CFO/COO, Management Board Member 2006 - 2011
Concorde Capital, Investments, Kyiv
Key tasks and responsibilities:
- Overall responsibility for daily company operations, budget
execution and strategy implementation
- Setting up and running Financial function
- Strategy development and implementation
- Budgeting process implementation
- Implementation of Management reporting system
- Coordinating Front and back office
- Ensuring financing of investing and operating activities
- Tuning key business processes
- International audit of the Group
- Work with Ukrainian and foreign banks
- Company restructuring during crisis period
- Development of new motivation schemes
- Restructuring of loan portfolio
- Cost control
- Risk management function implementation
- Preparation of Company's financial statements based on
statutory requirements and IFRS
Achievements:
- Structured Group’s operations
- Group restructuring during crisis period
- Loan portfolio restructured
- Implemented annual personnel assessment system
- Selected and implemented CRM
- Automated back office processes

Head of Quality Management 2005 - 2006
Department
MTS, Mobile Operator, Kyiv
Key tasks and responsibilities:
- Implement quality management system
- Provide trainings on quality management methodology for all
the Company
- Identification of key improvement requirements
- Leading of quality improvement project office
Achievements:
- Improvement of service quality by 25%

Head of Quality Management 2002 - 2005
Department
Raiffeisenbank Ukraine, Banking, Kyiv
Key tasks and responsibilities:
- Implement 6 Sigma quality management system
- Provide trainings on quality management for all the Bank
- Identification of key customer requirement (ongoing)
- Leading of quality improvement project office
Achievements:
- Successful completion of 4 quality improvement projects in
Retail and SME sectors

Auditor - Senior Auditor 1997 - 2002
PricewaterhouseCoopers, Audit, Kyiv
Key tasks and responsibilities:
- Auditing of companies in financial and production sector
Achievements:
- Completion of ACCA
- Completion of audit projects