Валерій

VALERII STOVBA
Group CFO
E [открыть контакты](см. выше в блоке «контактная информация») or [открыть контакты](см. выше в блоке «контактная информация»)  [открыть контакты](см. выше в блоке «контактная информация»)
q [открыть контакты](см. выше в блоке «контактная информация») e Warsaw, Poland

EXPERIENCE SUMMARY

Group CFO 2021 - Present The CFO executive with 20+ years
experience in the companies of FCMG,
SBK – Sloboganska Budivelna Keramika (sbk.com.ua) Kyiv, Ukraine
energy and construction sectors with up
The leader in production of ceramic blocks in Ukraine with turnover USD 24 mln to USD 1.7 billion of annual revenue.
• Re-design of the financial function (departments' design, staff training, KPI)
• Re-designing and implementation the system of budgeting and management accounting The model of management is "playing
(simplification but with focus on business KPI's and assignment to the finance coach", the personal mission - to
responsibilities' centers) transform business by deep
• Implementation of new operating reports (daily cash calendar, working capital ratios, understanding and re-building of
investment returns) processes, motivating employees to
• Implementation of financial modelling and flexed budget learn, teach, cooperate and take
• Crisis management in conditions of war (re-launching business) initiatives, providing new way of thinking.
• Restructuring of banking loans, taxes and trade accounts payable
Successful managerial approach in the
Group CFO, acting CEO 2016 - 2021 role of the Group CFO and Deputy CFO
allowed to demonstrate distinctive
Cheseeclub (www.cheeseclub.ua) Kyiv, Ukraine
achievements such as creation/re-
The Company is in top-3 producer of cheese in Ukraine with turnover USD 50 mln building of finance functions,
• Re-building the finance function of the Company (re-structuring finance departments, transformation of cross-functional
recruitment and staff re-training, implementation of new flexed budgeting system, new relations, cost optimization, successful
cross-functional cooperation) debt restructurings, implementation of
• Re-organization the cross-functional relations within the Group (new budgeting system effective accounting, budgeting and
and KPI, installation of effective cross-functional operating reports, lean production internal controls automatization of
informal procedures) processes in modern ERP systems
• Effective cost optimization and revenue growth (staff optimization, installation of optimal
milk purchases, effective product mix, launch of new products)
• Formation of finance strategy Company and implementation finance modelling for
medium- and long-term LANGUAGES
• Finance controls implementation (marginal revenue control per SCU and channels, AR
monitoring, contractual systems, procurement procedures, milk supply, SCU production Englsih Proficient
planning, finished goods returns)
• Automatization of finance controls with ERP system (management accounting, payment
Polish Advanced
calendar, contractual system, costing, production planning, AR and AP accounting)
• General management of the Group and communications to stakeholders in tough cash
conditions Ukrainian Native
• Restructuring the USD 28 mln loan portfolio till the year 2033 with decreased interest
rate and conversion the debt from USD to UAH Russian Proficient
• Integration of Company and its processes in line to the holing Company - KOMO (cheese-
producing business of the Group Continuum)
French Intermediate

Deputy Group CFO 2015 - 2016
German Beginner
DTEK Energy Group (www.dtek.com) Kyiv, Ukraine

The leader of Ukrainian energy sector with turnover USD 1,678 mln
• Governance of the Group's budgeting and management's accounting processes
REFERENCES
• Implementation of the SAP ERP (transformation from Excel-based and local ERP systems)
• Convergence of the treasury, management and IFRS accounting Upon request
• Participation in DTEK loan-restructuring team
to be provided
• Implementation of short- and medium- finance modelling

Deputy Group CFO 2014 - 2015
INTERESTS
Interpipe Group (interpipe.biz) Dnipro, Ukraine

The global producer of steel pipes with turnover USD 507 mln
• Management of the ERP project «Unified accounting»
 Travelling by cars
• Design and implementation of the internal controls
• Performance analysis of the Group
• Convergence of the treasury, management and IFRS accounting
 Mountain skiing
 Football
 Art
EXPERIENCE

Group CFO 2010 - 2013

RVH Group Moscow, Russia

The top-3 producer of spirits in Russia with turnover USD 407 mln
• Strong participation in formation of the legal scheme of the Group and its business
strategy
• Creation of the finance function from the "zero level" (design of departments, recruitment
and staff learning, implementation of financial, management, treasury and tax accounting
along with cross-functional operating reports and KPI)
• Changeover management, restructuring debts and payable assigned to the shareholders
in the amount of USD 50 mln
• Re-organization the cross-functional relations within the Group (budgeting, KPI, operating
reports and meetings)
• Operating capital management in tough cash conditions, funding-searching (attracted
loans and guarantees in the amount of USD 200 millions)
• Finance controls implemention and their subsequent automatization in ERP system
(marginal revenue control, AR and sales provisions monitoring, contractual systems)
• Assistance to CEO in general management of the Group

Deputy Group CFO 2007 - 2009

Soyuz-Victan Group Kyiv, Ukraine

The global top-10 producer of spirits with turnover USD 450 mln
• Design and implementation the new system of budgeting, financial and management
accounting (transformation from cash-based accounting and planning to accrual-based
one)
• Re-organization of IFRS, Internal Control Service and Budgeting department, recruitment
and re-training finance and commercial staff
• Effective communication with stakeholders (minor shareholders-western funds and
banks)
• Participation in IPO and private placement projects (wine and brandy segment)
Automatization of accounting processes within the companies of Group

Audit Manager 2002 - 2007

Deloitte Kyiv, UKraine

The top-4 global professional accounting and consulting company
• Management of IFRS audit projects in different areas (FMCG, agricultural, chemical and
metallurgical companies)
• Preparation of financial statements, transformation of accounting, testing of internal
controls, management of audit teams, planning and general supervision on projects
• Training and growth of subordinated staff members

EDUCATION

ACCA studies 2002 - 2006

ACCA

Master in Law 1995 - 2000

Kyiv National Economic University

Bachelor's degree in Economics 1996 - 2000

National University of Kyiv-Mohyla Academy