Summary
Overview
Work History
Education
Skills
Software
Timeline
Generic
Ognyan Toshmakov

Ognyan Toshmakov

Chief Financial Officer
Sofia,Bulgaria

Summary

As a seasoned Chief Financial Officer with over 15 years of experience in the finance sector, I have a proven track record of leading financial planning, analysis, and reporting for large-scale organizations. My expertise spans across various areas, including accounting, treasury, payroll, and budgeting. I have successfully managed multiple M&A deals, developed business cases for investment activities, and implemented strategic goals aligned with the company's vision.

Overview

19
19
years of professional experience
22
22
years of post-secondary education
3
3
Languages

Work History

Chief Financial Officer

DHL Freight
2024.08 - Current

Oversee the financial operations of the company, ensuring compliance, efficiency, and profitability.

CFO and Board Member Bulgaria and Turkey

TELUS International Europe
Sofia, Sofia-Capital
2020.10 - 2024.08

- Accounting and Control - (8 empl) Bulgaria and Turkey

- FP&A and Treasury - (3 empl) Bulgaria and Turkey

- Payroll & Administration - (17 empl) 3 sites in Bulgaria 4500empl and 2 sites and 2500 employees in Turkey. In terms of salary preparation and maintain the flow of all needed payroll documents in both physical and Electronical Labor Record (Implemented sHRedy)

- Invoicing and Business Analysis (10 empl) - supporting Bulgaria, Romania and Ireland. Revenue calculations and issuance of Invoices by projects/clients of over 70 Clients.

- Pricing (2 empl) - supporting Bulgaria, Romania and Turkey. Create the pricing calculations, together with Sales&Solutions team, for offering new Clients and/ or new and existing line of businesses.

CFO and Board Member

MAXIMA BULGARIA EOOD
2017.04 - 2020.04

Determine and monitor the implementation of the strategic goals of the Company for over 100 stores and 2000 empl. M&A deals and Development of business cases for investment activities (Opening of over 40 new stores and several new store formats) and business development ideas (Opened 2 production facilities and 2 new warehouses)

Plan and organize the activities for the following departments:

- Accounting unit (4 sub units, 20 empl);

- Financial P&A and Treasury unit (3 empl);

- Business intelligence unit (3 empl):

- Payroll (1 empl)

Head of Finance (FP&A, Treasury and BA)

MAXIMA BULGARIA EOOD
2010.05 - 2017.03

FP&A, Business Analysis and Treasury units (3-7 empl)

Accountant

BG Therm EOOD
2006.06 - 2010.05

Education

Master of Science - Finance

University of National And World Economy
Sofia
2007.01 - 2025.09

Bachelor of Science - Accounting And Control

University of National And World Economy
Sofia
2003.09 - 2007.01

Skills

Easy to work with

Fast learner

Analytical thinking

Team management

Cross country experience

Budgeting & Forecasting

M&A deals and Investment activities

Financial and Accounting management

Treasury management

Software

Oracle

Workday

SAP

Excel

G-Sheet

Power Point

Access & SQL

Microsoft and Google suites

Timeline

Chief Financial Officer

DHL Freight
2024.08 - Current

CFO and Board Member Bulgaria and Turkey

TELUS International Europe
2020.10 - 2024.08

CFO and Board Member

MAXIMA BULGARIA EOOD
2017.04 - 2020.04

Head of Finance (FP&A, Treasury and BA)

MAXIMA BULGARIA EOOD
2010.05 - 2017.03

Master of Science - Finance

University of National And World Economy
2007.01 - 2025.09

Accountant

BG Therm EOOD
2006.06 - 2010.05

Bachelor of Science - Accounting And Control

University of National And World Economy
2003.09 - 2007.01
Ognyan ToshmakovChief Financial Officer