Ferenc Zaj's Email

Professional Financial Expert with 10+ years financial and managerial experience at multinationals.

Financial manager @ From December 2013 to Present (1 year 10 months) TápiószőlősFinancial Controller @ Main responsibilities: - definition and execution of Finance actions - operational and strategical management of 3 employees of Finance team - management of Casf Flow and Working Capital improvement actions like suppliers payment term, inventory reduction, customers payment term - assuring financial control of inventory and manufacturing activity - coordination of controlling activities on fix and variable costs of manufacturing - execution of regular financial closing, reporting and financial planning, analysis activities - coordination of bookkeeping, annual reporting activities according to local GAAP and IFRS by using TROPOS and CODA systems, supervision of tax returns, - keeping personal contact with authorities, banks and audit firms - preparation and execution of the annual CAPEX plans, execution of payback calculations - execution of Internal Control activities stock taking and asset safeguarding activities - coordination of transfer price documentation related activities - regular reporting to area Finance Director Key achievements: - 10 purchase days improvement by purchase requisition process improvement - 30% raw material inventory reduction - positive Cash Flow result in Q4 From June 2012 to December 2012 (7 months) Eger, HungaryManaging Director @ Main responsibilities: - definition and execution of actions according of Owner’s short term, medium term and long term stratigical goals with highlights on sales, installation, HR and Finance areas. - continuous improvement and execution of management system on the areas of Enviromental, Health and Safety and Ethics. - definition of improvement programs on areas of Customer Satisfaction and Quality. - strengthtening the market leader position of the company, implementation of new products and services into local market place, keeping contact with Key Customers. - continuous improvement of company organization, internal processes and efficiency according to the changing economical enviroment. - execution of operational tasks. Key achievements: - highest ever PBT in 2008 with market leader position - global restructuring of the Company in 2010 - 20% cost reduction and 20% efficiency improvement - zero jobsite and office accident in 2010 From January 2006 to August 2011 (5 years 8 months) Budapest, HungaryGeneral Deputy of Managing Director @ Main responsibilities: - development and execution of sales strategy, activities in order to assure sales goals, continuous improvement of sales management system. - research of Customer’s expectation by major activities, implementation of new products and services into the local markat places, improvement of market share. - development and execution of price strategy and pricing policy for the major activities. - coordination of salesreps’ training programs, providing personnal coaching. Key achievements: - 10% average sales improvement on service business. - increase of maintenance portfolio, minimize cancellation. - Implementation of „pro-active” sales instead of „re-active” sales practices. From July 2003 to December 2005 (2 years 6 months) Budapest, HungaryChief Financial Officer (CFO) @ Main responsibilities: - developement of short and long term Finance goals, execution of related actions - operational and strategic management of 15 employees of Finance team - continuous training, coaching and motivation of Finance team - coordination of regular financial closing, reporting and financial planning, analysis activities by using IMRS, Hyperion and HFM systems - coordination of controlling activities on fix and variable costs of manufacturing - continuous supervision of Company pricing policy - coordination of bookkeeping, annual reporting activities according to local and US GAAP, - - supervision of tax returns, - management of Casf Flow and Working Capital assurance and improvements activities - keeping personal contact with authorities, banks and audit firms and Stakeholders - preparation and execution of the annual (fixed assets’) investment plans, payback calculations - execution of Internal Control activities including management of related audits - assurance of up to date integrated system operation with continuous improvement - definition and execution of IT startegy and related actions - regular reporting to area Chief Financial Officer Key achievements: - actual Cash Flows were higher than profit after tax result - 5% average Working Capital improvement - improved financial approach of the managers - accaptable rating on all Internal Control audits - several process and organization improvement projects were completed From September 1996 to June 2003 (6 years 10 months) Budapest, Hungary

Chartered accoutant, accounting, treasury, economy @ Budapest Business School From 2001 to 2003 Organizer Engineer, management, controlling, technical knowledge @ Bánki Donát Polytechnical College From 1990 to 1993 Kossuth Lajos Highschool From 1984 to 1988 Elementary schoolElementary school Ferenc Zaj is skilled in: Operations Management, Change Management, New Business Development, Negotiation, Employee Relations, Finance, Management, Business Strategy, Strategy, Leadership, Auditing, Team Management, Business Development