Лена

Lena Lutsenko

[відкрити контакти](див. вище в блоці «контактна інформація»)
[відкрити контакти](див. вище в блоці «контактна інформація»)

Highly qualified specialist with 18 years of experience in corporate finance, 8 years in
banking and investment, and 2 years in the humanitarian sector.
Rich experience working in the management positions of the Finance Director and
CFO.

Practical experience working with multi-million-dollar budgets and company turnover.
Ability to organize financial and business processes from scratch, optimize and automate, effectively
manage, analyze, and control.

Successful experience in leading the accounting team in accordance with IFRS and US GAAP,
establishing and efficiently upholding the Internal Control (IC) system across the organizations,
constructing management accounting to support stakeholders’ decision-making process, and
optimizing tax liabilities.
Demonstrated success in securing grants and investments for humanitarian initiatives, private
sector investments, banking, and other related matters.

Fluent in English, Russian and Ukrainian
Advanced in Excel, Financial modeling.

EDUCATION
Master’s degree in finance
QuickBooks ProAdvisor – 20 CPE units (January 2024)
Ernst & Young Business Academy - 38 CPE units (January 2019) 26 CPE units (January 2018)
CIMA P1 & P2 - 2021
CPA (US GAAP) - exam 2007
EBRD - Corporate finance, long-term credit (January 1997)
Advanced in Excel, Financial Modeling.

EXPERIENCE
Team4UA, Charity Foundation
CFO (June 2022 - December 2023)
Creation accounting and internal control system of the non-profit organization:
● Compilation of the internal control system and creation of policies and procedures
● Creation of Accounting Policy and automating accounting software (based on BAS (1C))
● Carrying out accreditations with UN humanitarian agencies and other international humanitarian
organizations
● Achieved a World Food Program independent audit assessment status of "Low Risk Partner for WFP"
Strategic and operational planning, and budgeting of the foundation activities:
● Budgeting of programs and coordination with donors (WFP-2022 – 3 budgets for 2022 hands and 2 -
2023, UNICEF-2023, Mercy Corp-2023, MOM-2023)
● General planning through financial modeling, daily cash flow planning, and administrative budgeting.
 ● Foundation 2022 and 2023 programs and budgets were fully implemented.
Charity Foundation activity reporting:
 Organization and support of donor reporting systems on an ongoing basis, including
online platforms (e.g. Partner Connect (WFP UN agency))
● Preparation of financial and advice statements for the foundation board
● Accounting and tax reporting process management.
● Control of the foundation treasury, coordination of international contracts and provision of
settlements under external contracts in compliance with national bank requirements.
● Agreement and coordination of legal issues and cooperation with lawyers and advocates.

Audit company "Kudos Ukraine" (member of Kudos International Group)
Project Manager (January 2021 - April 2022)
Project manager for consulting and outsourcing in the field of logistics and hospitality business.
● Specialized in running engagement over strategic planning over the financial models.
● Established new and adjusted existing business processes.
● Drafted and implemented holistic accounting policy.
● Lead the implementation and rollout of the accounting software with the technical department.

Green Energy Project / Biogas Complex in Odesa Region, Ukraine
Finance Director (January 2020 - December 2020)
● Lead cost analysis of raw materials and auxiliary processes.
● Worked to eliminate cash gaps, taking into account changes in the energy market in 2020.
● Developed and rolled-out necessary electricity production schedule adjustments.
● Lead off-site and on-site inspections with Ukrainian tax authority, centered around VAT, as a result -
90% confirmation of tax refunds.
Solar Power Plant in Mykolaiv Region, Ukraine
Finance Director (January 2016 – December 2018)
● Created financial model for project and investment portfolio, including business strategy and risk
mapping.
● Obtained bank financing (from the feasibility study to the first loan payment), the volume of financing
amounted to 4 million Euros.
● Developed and implemented economic and legal business models,
● Prepared and supported continuous US-based tax filing, according to US GAAP.
● Developed individual accounting and treasury functions.
Forestry Export Odesa, Ukraine
Finance Director (January 2015 – December 2017)
● Created and implemented an accounting system process for the entirety of the organization.
● Accounting process automation
● Planning, cost analysis and calculation of the contract value.
● Continuous finance and accounting statements preparation for US-based tax filing according to US
GAAP.
● Adjusted the production plan considering gaps in raw material supply chains.

Porto-Franco Investment Group (JS Commercial Bank "Porto-Franco") - Commercial bank and investment and
development in real estate
Investment Group CFO/ Member of the Board of Directors / Member of the Audit Committee (January 2008 –
January 2015)
● Accounting and financial reporting of 12 residents and 7 non-resident corporate entities.
● Provided strategic and operational financial planning for the entire investment group.
● Prepared and driven board approval of the budget for all team members, including creating a KPI
dashboard.
 ● Carried out operational control over the Bank's Treasury (including normative indicators and standards
regulated by the national bank)
● Use of IFRS audits, including consolidation of Ukrainian companies and confirmation of audit reports by
Cyprus auditors.
● Performed financial modeling for an investment project with subsequent design of budget control of
costs
● Developed legal registration of agreements with the participation of international investment funds
and private investors (incl. USA, Switzerland, Netherlands, United Kingdom)

LightRoomApps OÜ - Estonia / Ukraine
Finance Director / Co-Founder (January 2009 – December 2013)
● Created economic and legal system of the company
● Formulated and rolled-out project accounting policy
● Provided holistic project financial support: construction of management accounting; financial planning
and reporting; construction of finance management processes and integration.
● Developed KPIs and staff motivation programs.

Department of Municipal Loans and Securities of Odesa City Council
Municipal Project Investment Advisor (January 2007 - December 2010)
● Participated in developing urban infrastructure CDM and JI projects in Odesa
● Financial modeling for project financing by the EBRD and the World Bank

Barclays Global Investors UK Holdings Ltd
Ukrainian Branch Finance Director (January 2007 – December 2008)
● Performed acquisition financial due diligence for 7 investment projects.
● Audit management under IFRS, including the consolidation of 15 Ukrainian corporate entities and
confirmation of audit reports by the Cyprus and Israeli offices of KPMG.
● Developed complete head office budgeting and reporting solutions.
● Created financial instruments for investment activities and developed legal structures within the M&A
framework
● Provided financial and legal support for the purchase and sale of projects.

Perry Real Estate Investments (USA) - Real estate development and project management
Finance Director (January 2005 - January 2007)
● Created detailed financial models describing the full investment cycle from land acquisition to
construction and sale for real estate development projects.
● Conducted complete pre-purchase analysis and due diligence on potential acquisition targets
● Worked with foreign investment funds in connection with the repatriation and reporting of
investments of average size of 7 million USD.
● Created and implemented accounting infrastructure and systems based on US GAAP
● Conducted cash flow analysis, control and compliance.
● Formed credit portfolio.

Euroset Ukraine - National mobile retail network
Financial Director (January 2004 - January 2005)
● Budget preparation and cost control
● Developed and implemented accounting systems based on IFRS from scratch.
● Managed loan portfolio
● Managed the treasury department.
● Researched tax and accounting regulations to optimize taxation.
● Supervised staff of 12 people
IFC Investment Bank - Securities brokerage, investment banking and fund management
Head of Back Office (January 2002 - January 2004)
● Managed back office of financial group, including direct supervision of 16 people.
● Created and maintained management accounting based on IFRS.
● Conducted client reporting.
● Developed risk management control tools.
● Engaged and acted as the primary point of contact with foreign and local auditors.