Totka Minkova

• Collaborated with other departments to achieve organizational goals, fostering teamwork across various functions.
• Identified operational inefficiencies and implemented corrective measures, leading to overall increase in effectiveness.
• Created comprehensive workflows and end-to-end process overview for new Finance team involving Accounts Payable, Accounts Receivable, General Ledger, Inventory, Fixed Assets and Reporting
• Highlighted to GPOs areas for improvement and identified risks, which improved accuracy of month-end tasks preparation and financial statements

• Contributed to creation of public diplomacy materials that showcased country's achievements and values internationally.
• Maintained comprehensive databases of contacts and relevant information to support ongoing engagement efforts with foreign governments and organizations.
• Facilitated cross-cultural exchanges by organizing events showcasing national culture, arts, and traditions.

Led comprehensive financial integration of two acquired firms, consolidating financial systems and aligning reporting standards, reducing reconciliation discrepancies by 40% and improving financial visibility across the organization

• Collaborate with ERP Team on SAP Implementation Project
• Prepared Monthly Reporting for newly acquired firms and provided details for their proper consolidation for the group
• Coordinated with External consultants the IFRS Adoption
• Determined the prior-acquisition adjustments based on analysis and cooperation with Tax, Legal, FP&A Working with Auditors Preparation of the company for SAP Implementation - cooperation with IT Team
• Led the integration project team and visited the new acquired companies on the ground
• Managed relationships with external auditors, ensuring seamless coordination during annual audits and reviews.
• Streamlined month-end closing procedures for increased efficiency and reduced errors in reporting.
• Collaborated with cross-functional teams on strategic initiatives, providing valuable financial insights and guidance.
• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Prepared internal and regulatory financial reports, balance sheets and income statements.

• Enhanced financial reporting accuracy through meticulous account reconciliation and analysis.
• Assisted in the successful implementation of a new ERP system, improving overall data accuracy and efficiency across the organization.
• Maintained accurate general ledger entries, ensuring clean audits and reliable financial statements.
• Served as key liaison between accounting team and senior management, providing regular updates on financial performance.
• Managed financial operations including Accounts Payable, General Ledger, Treasury, and Reporting for Silicon Valley region; improved financial accuracy and reduced discrepancies by 25% over 12 months
• Developed and maintained monthly supplemental schedules, streamlining the reporting process and saving the finance department 40 hours per month.
• Evaluated and improved financial records to make important business decisions.
• Prepared working papers, reports and supporting documentation for audit findings.

Month-End Closing:

• Took full ownership of end-to-end month-end closing processes
• Reviewed and approved all General Ledger and Fixed Assets transactions for Northern Ireland power plants, ensuring compliance with local, IFRS, and US GAAP standards
• Work closely with Commercial Department on SEMO/SONI monthly calculations

Monthly Reporting :

• Liaised with external auditors and business units to provide timely support and consultation,

Finance Business Partner:

• Led cost analysis and forecasting sessions with management teams, streamlining CAPEX/OPEX expenditures;
• Worked with other departments as Commercial, Engineers, Procurement, HR ( e.g. Inventory Stock
  Calculations, monitoring of POs, GR/IR Analysis)

Project Management:

• 2019 Project Manager Intercompany Clean Up Project Northern Ireland;
• 2019 Co-Lead Business Transformation Project
• 2018 - SAP HANA Implementation in Finance ( Key User)
• 2017 - Transition Manager for EurAsia Controllership Transition
• 2017/2018 - Transition Manager Jordan Improvement Project (closely collaboration between Finance
  & HR& Procurement & Treasury to improve the existing processes)
• 2016 - Project Champion for Innovation Project in Sofia Office ( Improvement of the office
  environment and collaboration within the teams after successful completed Train the Trainer
  program, Innovation Workshop 26th-28th October 2015,THNK School of Creative Leadership,
  Amsterdam, Netherlands)
• 2014-2016 Project Champion for Global and Local (Europe SBU) Process improvement projects (APEX
  CAPEX Global Project, 5X5 Monthly Closing, 5X5 Inventory Management)
• 2014 - Capgemini Knowledge Insource Transition Project: Transition Lead for the teams of Kilroot,
  Fixed Assets and Dutch
• 2013 - Part of the team responsible for the Knowledge Transition from Richmond Office to Sofia
  Finance Center

People Management

• Contributed to talent acquisition efforts by participating in interviews, evaluating candidates based on potential fit within the organization.
• Developed a positive work environment through active listening, empathy, and providing constructive feedback.
• Led change management efforts during organizational transitions, mitigating disruptions and maintaining morale among team members.
• Established clear expectations for employees, fostering a culture of accountability and high-performance standards.

• Evaluated existing cost allocation methods, recommending changes that resulted in more accurate product profitability analysis.
• Identified discrepancies between physical counts and system records, initiating investigations and making necessary adjustments for accurate financial reporting.
• Optimized balance sheet reconciliation process by streamlining workflows and enhancing documentation standards related to inventory accounts.
• Facilitated month-end close process by preparing timely journal entries related to inventory transactions, accruals, and adjustments.

• Improved cash flow management with timely invoicing and efficient collections practices.
• Reported financial data and updated financial records in ledgers and journals.
• Managed relationships with external auditors effectively ensuring positive outcomes during annual audits.
• Input financial data and produced reports using SAP

• Improved invoice processing efficiency by streamlining accounts payable procedures and implementing an automated system.
• Collaborated with other departments to resolve any billing disputes or issues, resulting in improved interdepartmental communication.
• Served as a key contact person for external vendors, addressing inquiries on payment statuses promptly and professionally.
• Ensured accurate expense allocation with diligent review of invoices for proper general ledger coding.