Management Financial

Marta Szorc Curriculum Vitae

Personal Profile

Qualified charted accountant with almost 8 years of financial accounting and commercial analysis experience, with expertise in financial modelling, cost management and profitability analysis. Proven record of developing and implementing financial controls aimed at safeguarding and increasing company’s profit and competitive advantage.

Career Summary

Finance Business Partner, Mowie’s, Gili Air, Indonesia (Business Start-up) September 2014 – present

Business infrastructure development including design of processes, procedures and systems aimed at facilitating and improving business operations (Access data base, financial reporting suite)

Preparation of monthly income statement, balance sheet and cash flow analysis including future projections and seasonal trends.

Maintaining and tracking finance performance drivers and communicating these on a monthly basis to the business owners

Procurement management – researching new supplier, maintaining existing relationships, AP and AR management

Detailed cost analysis aimed at providing owners with solutions for underperforming areas

Development and implementation of various marketing projects

Commercial Accountant, Bird &Bird, London November 2013 – September 2014

Providing financial modelling and analysis that drive improved financial performance and increased profitability

Performing pricing analysis and suggesting alternative fee arrangements Providing support and training to associates and partners on the budgeting and pricing tool

Managing various projects aimed at improving the performance of the practice areas – development of trade mark calculator for IP practice.

Developing, testing and implementing new costing structure for the new client profitability reports

Providing monthly analysis and commentaries on management accounts that focus on action and improved performance

Preparing and developing quarterly financial reports and communicating results to the relevant practice group heads

Consulting with and advising partners on matters relating to the business operation, identifying gaps and developing plans to fulfil short and long term requirements, aiming to become Partners’ trusted advisor

Carrying out budget preparation and consultation process for all practice groups.

Key Achievement: Designed and implemented global client profitability reports, introduced in all B&B offices, in 16 countries across the globe.

Traveled and Volunteered in South East Asia and Indonesia June-November 2013

Business Finance Analyst, Hogan Lovells, London July 2012 – June 2013

Worked with the Business Control team to ensure Hogan Lovells is leading market trends with creative, flexible and profitable price structures.

Worked with key Client Partners, analysing client billing trends and profitability, recommending changes to client fee arrangements or where appropriate, having conducted a thorough client base review, the termination of client arrangements.

Liaised with Client Partners on preparation of financial proposals for global fee arrangements, fee estimates for mid-to-large size transactions, projects and cases, assessment of financial risk on alternative fee structures and negotiation with client procurement teams.

Investigated pricing frameworks and transaction profitability. Designed and utilised detailed financial models that facilitate analysis.

Provided analytical support on strategic projects for CFO, IMC and Practice Groups to include Partner performance review, Conference/Retreat analysis, industry sector reporting, partner presentations and secondment programmes.

Assisted with the development and training seminars/models that help raise the awareness across the global firm of the importance of pricing, profitability and cash flow.

Prepared monthly accruals and managed payments for client cash rebates

Produced client management reports and streamlined existing processes

Key Achievement: Designed and coordinated development of an interface for the client profitability reports.

Practice Group Finance Analyst, Cameron McKenna/Integreon, London 2011 – 2012

Responsible for budgeting, forecasting and reporting of financial and operational information, including collaboration with various departments to identify, maintain, and track key performance indicators and metrics of Banking Practice Group

Ensured all month end results, forecasts and budgets are communicated to PGMs\partners in a timely manner and agreement is reached on action plans

Prepared monthly commentary to highlight key variances from budget, and previous forecasts. Identified and communicated the key variables upon which the PGM\partners could exert influence.

Engaged in the planning, forecasting, budgeting and monitoring cycle in order to drive financial results predictability and timely escalation of variances.

Liaised with partners and fee earners to review their revenue balances (WIP, Disbursements, Debtors, client money balances), discussing the production of draft bills, time and disbursement write offs, file closures, debtor balances, query resolutions, risk management and general matter management.

Ensured that matter valuation is in line with firm’s revenue recognition and debt provision policies, including that appropriate WIP and debtor reserves are maintained to include fixed or capped fees.

Inter-company and Banking Accountant, TUI Travel Plc, London 2009 - 2011

Part of successful management team, worked towards development of intercompany processes and enforced compliance with accounting standards and regulations.

Prepared monthly reconciliations and agreed balances of all intercompany accounts (50 accounts)

Arranged payments and settlement of agreed balances owed and owing.

Developed intercompany processes to improve controls over authorisation of invoices and provide greater clarity over intercompany recharges

Delivered consistent accounting policies and practices

Highlighted any risks and opportunities identified from the balance sheet

Managed team of 3 banking assistant and ensured that the below was being delivered:

The timely and accurate posting of all bank receipts and payments

All bank accounts full reconciliation (approx 30 accounts in 10 different currencies)

All non-pooled fx cash flow management at a minimal level

Funding required for both pooled and non-pooled accounts

Key Achievement: Solved long-term intercompany dispute which resulted in reduction of the unrealised loss by £4m

Commercial Analyst, TUI Travel Plc, London 2008 – 2009

Regularly reported to senior management on relevant and insightful business information. Tasked with finding inefficiencies and improving profitability and growth.

Analysed the revenue performance and margins against business forecast.

Provided management with the solutions to improve underperforming areas.

Evaluated and appraised commercial deals including negotiation of terms and detailed analysis on the costs involved.

Ensured that all the costs were estimated correctly and included in the final product- holiday package.

Supported pricing processes encompassing evaluation of future cost recovery plans

Regularly prepared competitors analysis to maintain the strong market share

Built customer profiles and made sure that the product meets customer requirements

Key Achievement: Involved in development of a financial model aimed at facilitating calculation of marginal cost curves.

Qualifications

Chartered Institute of Management Accountants (CIMA is a CPA equivalent) 2009-2012

ACMA, CGMA

University of West London 2005 - 2008

BA (Hons) T&T Management – First Class Honours

Course emphasis: Strategic Financial Management, Management Accounting and Decision Making, Governance.

IT Skills and Languages

IT General: MS Office (Advanced), with emphasis on very strong Excel skills (pivot tables, basic VBA),Access 2013, Oracle E-Business Suite Financials, Financial Control and Reporting

Cognos Finance, Dynamics, Hyperion, Elite, Crystal, SQL, SSRS,

Business Objects,

Languages: Fluent in English and Polish, basic German and Indonesian

Interests

Keeping up to date with market developments in the areas of investment banking. Used to be a semi-professional snowboarder and continue to enjoy travelling, as well as being an avid epicure.

Contact this candidate