Management Financial

PLAMEN BAEV

** ******** **. ***** *** York, NY **012 Tel: 240-***-**** email: ******@*****.***

QUALIFICATION HIGHLIGHTS

Seasoned finance professional with MS in Financial Management and Information Systems, 7+ years of

progressive experience in financial controls and corporate finance management and reporting. Expert

knowledge in FP&A, financial reporting, accounting close, budgeting and forecasting, project costing and

management, and GAAP, CAS, FAR, DCAA / DCMA compliance requirements. In-depth understanding

and experience with financial systems capabilities, configuration, and customization. Well versed in

business process re-engineering and change management. Skilled in diligence, M&A, purchase price

allocation and business valuation.

PROFESSIONAL EXPERIENCE

Finance Manager, ARTEL, LLC, Herndon, VA January 2014 - Present

• Re-joined the company leading the finance and project control office, restored the confidence and

integrity of reported financial presentations, analysis, and FP&A models.

• Critical contribution assuring price proposals are compliant, thoroughly reviewed and following a

price to win strategy.

• Revised and implemented a more efficient purchase approval matrix consistent with current

organizational structure.

• Designed and created a number of new custom financial reports in support of new reporting

requirements increasing efficiency and accuracy.

• Assured accurate and timely monthly and quarterly reports to company’s lenders; to include

MD&A and debt covenant testing.

• Main point of contact for any ad hoc and special requests from senior management, BOD, and

private equity owners.

Independent Consultant,

• Global InfoTek, Inc. Reston, VA; January 2014 – January 2014

• Astrium Services Government, Inc. Rockville, MD; November 2013 - December 2013

Finance Manager, ARTEL, LLC, Reston, VA May 2009 - January 2013

• Led and executed all deliverables during M&A, diligence, valuation, purchase price allocation, and

leverage recapitalization initiatives, leading to success in securing a significant investment from a

private equity firm (TPG).

• Designed and created a suite of financial reports and management reporting deck currently the

standard in communicating with c-level executives, BOD, and private equity owners.

• Led month-end and year-end accounting close process working closely with the Controller and

the CFO producing actionable financial statements.

• Implemented improvements to current process and procedures enhancing timeliness, accuracy,

and effectiveness.

• Improved the quality, quantity, timeliness, breadth and depth of financial and operational analysis

enabling c-level executives to make critical decisions and arrive at effective solutions.

• Managed and executed the company's bottoms-up annual financial and operational budget,

subsequent forecasts, related analysis, MD&A, and BOD presentations.

• Streamlined the budgeting process through refined financial models, minimizing errors and

maximizing flexibility in reporting, variance analysis, and monthly financial reviews.

• Managed the implementation and deployment of the Purchasing Module and the reconfiguration

of the Deltek Costpoint and Time & Expense Collection Systems.

• Enhanced financial reporting and analysis, cost management and control, and consolidation

assuring system integrity, scalability, and compliance, resulting in significant operational savings.

• Supervised all price proposals and submissions. Created an RFQ / RFP tracking database

allowing c-level executives to gain a holistic view of operational initiatives and to formalize a

successful business strategy.

• Managed and informed c-level management of any financial and operational risk and its impact

by monitoring developments and changes in customer requirements, specifications and

contractual obligations

• Managed project accounting and revenue recognition, maintained all EAC, ETC amounts and

revenue formula in Deltek Costpoint.

• Assured compliance with prevailing standards, regulations, and audit agencies to include FAR,

CAS, DCAA, DCMA, and GAAP.

• Led and executed compliant and timely submissions of ICS (Incurred Cost Submission), and

Forward Pricing and Provisional rates to DCAA / DCMA

• Managed all aspects of Deltek Costpoint setup, configuration, customization, reporting, and

process execution, maintaining system integrity and scalability

Sr. Financial Analyst, BearingPoint Inc, McLean, VA July 2008 - May 2009

• Managed the successful execution of the company's PRP in compliance with CAS, and FAR.

• Created a custom tool in MS Access for Indirect Cost Pools processing, improving capabilities.

• Held an essential role in the configuration, implementation, and testing of Deltek Costpoint

• Critical in developing the Disclosure Statement, complex allocation matrices, and all policies and

procedures related to budgeting, forecasting, and system mapping.

• Led the development of a fully allocated P&L, delivered financial reports and related trend

analysis to c-level executives.

• Vital in the retrieval, processing, and analysis of financial data from Costpoint and Hyperion.

Financial Analyst II, Serco Inc, Reston, VA September 2005 - July 2008

• Improved the financial closing process by integrating Cospoint, Hyperion Enterprise 6, and

Hyperion Essbase reducing reconciliation and consolidation from 2-3 days to few hours

• Created a suit of reports enhancing the preparation of monthly financial presentations,

discussions on KPIs, variance analysis and associated major drivers, preparation of the

Statement of Indirect Expense, and Indirect Rates impact.

• Transformed the strategic planning and forecasting process through Excel models, clear

guidelines, with methodology to test and apply forward pricing / provisional rates, and by loading

the budget into Costpoint allowing for seamless variance reporting and analysis.

EDUCATION

M.S. in Financial Management and Information Systems; 2009, University of Maryland, University

College, College Park, Maryland; GPA 3.67 / 4.00

B.S. in Finance; 2005, The University of Maryland, Robert H. Smith School of Business, College Park,

Maryland GPA 3.40 / 4.00

TECHNICAL SKILLS & CORE COMPETENCIES

MS Office Suite; Excel, Access, PowerPoint; Costpoint and Cognos / Impromptu; Relational Databases

and SQL; Hyperion Enterprise and Hyperion Essbase; Financial Analysis and Reporting; Data Retrieval;

Financial Systems Management and Configuration; Indirect Cost Pools; ICS, Complex Allocation

Matrices; Risk Reporting; Project Control; PMO; Project Reporting; Profitability Analysis; Ratio Analysis;

DCF; IRR; NPV; Business Valuation; Purchase Price Allocation; M&A; Due Diligence; Compliance; ISO

9001; Budgeting and Forecasting; FP&A; Month End Close; Year End Close; Audit; Pricing; Cost Control;

Cost Impact; EAC / ETC; Revenue Recognition; Accrual Accounting

LANGUAGES

German, Russian, Bulgarian (Native)

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