Finance Business Partner

ZLATKO KOSTOVSKI

Finance Business Partner

LinkedIn: linkedin.com/in/zlatko-kostovski-4903a556

Contact Information

Email: **********@*****.***

Phone: +389********

Location: Skopje, North Macedonia

Professional Summary

Experienced Finance professional with 15+ years of progressive responsibility across finance leadership roles. Proven track record in financial planning, consolidation, controlling, and international cash flow management. Adept at leading budgeting processes, implementing financial systems, optimizing tax strategies, and improving operational efficiency. Skilled communicator, bridging finance and business functions in multinational organizations. Work Experience

Finance Business Partner

Civitta — Jan 2025 - Present (Skopje, North Macedonia - Hybrid)

- Managing cashflow, consolidation and legal accounting in Civitta Group (50M EUR in turnover, 750+ employees, 40+ legal entities);

- Overseeing legal accountants in each Group company, providing quality control of each financial statement before submission to fiscal authorities and ensure their timeliness;

- Consolidation of legal accounting of Civitta International for 2022, 2023 and 2024. Implementation of consolidation software in all the relevant countries;

- Tax planning and optimization for the Group, including issues related to profit in various jurisdictions, and payout format for management bonuses;

- Managing international cash flow in 20+ countries. Managing all the intercompany transactions based on existent group transfer rates (internal transfer pricing model) as well as suggesting improvements in this area;

Finance Business Partner

DS Smith — Oct 2023 - Jan 2025 (Skopje, North Macedonia - Onsite)

- Monitoring and improving cost control as well as conducting financial analysis and implementing appropriate corrective actions (costs, KPIs, results, investments);

- Leading budget and forecast processes. Monitoring budgets and identifying efficiency improvements;

- Collecting and analyzing data, comparing actual vs. planned results, and adjusting forecasts based on risks and opportunities;

- Preparing financial reports and KPIs to track business performance, as well as reviewing cost structures and identifying areas for optimization;

- Enhancing financial processes to drive efficiency and acting as a bridge between finance and other business functions;

- Monitoring audits and financial reviews including communication with external institutions, tax authorities, and regulatory bodies; Head of Finance

EVN — Oct 2013 - Oct 2023 (Skopje, North Macedonia - Onsite)

- Operating as Head of Treasury Hub EVN Macedonia, supervising treasury activities of all EVN companies in the country

- Leading budget and forecast processes. Monitoring budgets and identifying efficiency improvements

- Seeking debt-restructuring possibilities and optimizing the liquidity status of EVN Macedonia and its 4 subsidiaries

- Working closely with the Management Board on improving the financial status and performance of Treasury Hub EVN Macedonia

- Leading and supervising the process of negotiating and obtaining diverse banking products from local as well as foreign commercial banks

- Identifying risk exposures across all EVN companies and mitigating them with specific measures

Financial Controlling Officer

ArclelorMittal — Jun 2012 - Oct 2013 (Skopje, North Macedonia - Onsite)

- Monthly and annual forecasts (Balance Sheet, P&L, Cost analysis)

- Preparing a detailed 1-year budget (P&L, Balance Sheet, KPI) as well as 5-year business strategy

- Industrial controlling by continuous analysis of the operating factory

- Commercial controlling through product pricing and customer negotiation Corporate Finance Analyst

KPMG — Aug 2008 - Jun 2012 (Skopje, North Macedonia & Sofia, Bulgaria - Onsite)

- Performing due-diligence of companies

- Performing financial analysis of companies in different sectors

- Performing Fixed-asset valuations

- Evaluating M&A projects and researching potential future projects Education

- Master Degree in Finance

- Universitat Pompeu Fabra, Barcelona, Spain - [2007-2008)

- Bachelor Degree in Finance

- American College of Thessaloniki, Thessaloniki, Greece - [2003-2007) Skills Languages

- SAP ERP English - Full professional proficiency

- Hyperion Financial Management (HFM) Spanish - Professional working proficiency

- KPI Reporting & Analysis Greek - Professional working proficiency

- Cost Control & Capital Expenditures Macedonian - Native

- Budgeting & Forecasting Serbian - Full professional proficiency

- Tax Planning Bulgarian - Professional working proficiency

- Cash Flow Management

- Internal Audits

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