BORIS PANAIOTOV, MBA

B o r i s P a n a i o t o v 1 2

206-***-**** acwy3d@r.postjobfree.com BORISPANAIOTOV.COM Financial, Program and Project Management experience in analysis, deal modeling & strategy. Risk Manager and trusted advisor with solid executive sponsorship and accountability, an essential part of the business. Competency in customer focus, change & innovation, strategic thinking, relationship building & influencing, results focus and Lean expertise. AREAS OF EXPERTISE

FINANCE/BUSINESS PROGRAM & PROJECT STRATEGY & CHANGE MANAGEMENT & ANALYSIS MANAGEMENT MANAGEMENT

Financial Modeling Plan/Execute/Control Six Sigma/Lean Qualitative and Quantitative Analysis Charter/SIPOC/Scope/Budget Strategy & implementation Risk Management & Business impact Risk Identification & Analysis Business Process Improvement Auditing & Taxation Risk management plan Change Management & Innovation Variances, trends and decision support Project Integration Resource allocation & prioritization Compliance-GAAP, IFRS and SOX Stakeholders Management Manage & Sustain PROFESSIONAL EXPERIENCE

FINANCE ANALYST 2013– PRESENT

Zurich/Farmers Insurance, Mercer Island, WA

Validate the accuracy of various monthly/quarterly accounting processes including financial statements, exhibits, schedules and note disclosures for GAAP, IFRS and statutory reporting. Analyze existing workflow, ensuring efficient use of resources and participates in implementation of process improvement projects. Work with internal and external auditors, and state examiners.

• Month and Quarter end accounting close, accruals, reconciliations and variance analysis

• Budget/expense reporting, and Internal Control Framework (ICF) requirements and Compliance

• Develop recommendations to aid management in short and long-range financial planning

• Measuring profitability and evaluating cost control performance and prepare statutory reports

• Prepare ad-hoc reports, analysis, and conduct special projects

• Design and maintain data management processes and tools resulting in time efficiency and reporting accuracy.

• Facilitate cross functional Kaizen events resulting in improved strategic planning process, efficient resource allocation and overall company savings

• Deliver Lean improvement initiatives by working with the business FINANCE MANAGER 2008 – 2013

Somat Corp., Seattle, WA - Transportation

Manage financial planning, reporting and risk-management functions with strong emphasis on cash-flow management, budgeting, forecasting, and internal controls. Reported directly to the Chief Financial Officer and worked closely with the various Business Managers. Develop strategies and plans for long term financial goals.

• Responsible for the management, preparation and analysis of consolidated financial statements for parent and subsidiaries, quarterly and annual filings, while supervising staff of five accounting professionals

• Develop and led a team, providing business decision support to the various functional and line organizations in the company, through strategic leadership and financial analysis

• Create long range financial plans and budgets. Responsible for assigning workloads, evaluating work performance, and making recommendations for personnel actions.

• Responsible for managing the preparation of the Quarterly Business Review presentations, Profitability Analysis, ad-hoc projects, long range & annual planning, quarterly forecast. EXPERIENCE //CONTINUED

B o r i s P a n a i o t o v 2 2

• Variances, trends and decision support for IC & MG

• Resource allocation and prioritization

• Drive the annual planning and quarterly forecasting process

• Developed ROI and payback analyses of infrastructure initiatives and technology solutions. Sr. FINANCIAL ANALYST 2006 – 2008

Vlashev & Associates, CPA P.S. – Accounting

Ensure compliance with GAAP and regulatory requirements. Business Consulting, Accounting System Design, Incorporation, Related filings, IRS issues, Financial Statements, Forecasting and Cost Calculation.

• Recommend process changes supporting the business, financial & financial tools process to benefit the business portfolio and simplify finance execution for the long term.

• Develop complex financial models, quantitative analysis and forecasts.

• Month to month accounting, Budget preparation and forecasting, Capital budgeting, Sub-ledgers

• Business improvement projects - efficiencies, cost efficacy, improvements in internal controls, etc.

• Communicate cost trends and provide understanding of operational and financial performance to management.

• Lead financial analyses that assist and influence the business and improve internal reporting processes. PROGRAM/PPROJECT & RISK MANAGER 2004 – 2008

BP Development, Seattle, WA – Project Management

Develop tailored PM execution plans that deliver positive results. Establish priorities, identify and communicate risks and mitigation plans in collaboration with stakeholders. Develop and maintain launch program milestones and completion dates. Build a sustainable risk management program and monitor portfolio. Identify constrains such as time, cost and scope baselines and customer needs as per agreed scope. Develop performance reports, reconcile data and initiate variance analyses.

• Budget development, assigning cost to work packages, bottom-up estimation.

• Earned value, EAC; ETC; CPI;SPI; TCPI; EMV; PTA(point of total assumption); Parametric estimation

• Risk Identification, Qualitative & Quantitative Risk Analysis. Risk management plan and business impact analysis

• Risk Response Planning, Risk Monitoring, Controlling and Contingency Budgeting

• Drive accountability by using risk management tools, processes, methods as well as healthy tension to ensure that the business meets its risk requirements

• Supervises, trains, mentors and develops assigned personnel. BUSINESS DEVELOPMENT & PROGRAM MANAGER 2001 – 2004 Borsalino’s/Venice LLC, Seattle, WA – Manufacturing/Supply Chain Promoted rapidly through a series of increasingly responsible analyst positions based on strong financial, operating and leadership performance. Manage financial planning, reporting and business development. Collaborate across complex organizational matrix to establish common goals, streamline, integrate processes, and develop performance metrics and KPIs. Led implementation of System Software and developed consolidated financial reporting package. Successfully transformed group from two independent, local teams into one cohesive regional team that maximizes quality and efficiency.

• Lead the forecasting efforts of revenue, operating expenses, monetization initiatives, and resource allocation

• Influence business decision by effective verbal and written communication, data driven analysis and modeling

• Review financial statements and analyze sales revenues, cost, expenses, and tax rates for all business units. Create and deliver presentation, providing recommendation on short and long range ROI. EDUCATION & CERTIFICATION

MBA-FINACE - CITY UNIVERSITY OF SEATTLE, WA, UNITED STATES LEAN/SIX SIGMA – GREEN BELT

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