Nenad Stojanovski

Company overview: Joint Venture Company of State Lottery of North Macedonia and NOVOMATIC AG Austria for organizing electronic games of chance

• Directed and oversaw budget, payroll, and accounts payable and receivable;
• Oversaw deployment of strategic business plan to accomplish accounting, compliance, and revenue targets;
• Undertaking measures for optimizing operational costs by identifying areas for improvement and implementing cost-saving measures by leading the public tender procedures;
• Prepared accurate monthly, quarterly and hear end financial statements to summarize financial health and business performance;
• Conducted detailed analysis of company financial information and directed or prepared related reports;
• Spearheaded the implementation of a new financial reporting system (from Dynamics365 to Business Central), resulting in more accurate and timely data for decision-making purposes;
• Oversaw the preparation and submission of all tax filings, mitigating potential risks associated with noncompliance;
• Directed budget development, creation of budgetary controls and recordkeeping systems and investment management;
• Performed ACT vs. BUD analysis and recommended corrective actions to Board Members;
• Enhanced cash flow management through the development of robust forecasting models, trying to ensure optimal liquidity for business operations;
• Presented financial results to board members and investors during quarterly meetings, maintaining transparency in communication regarding company performance;
• Refined internal control procedures, strengthening the overall integrity of financial data captured within the system;
• Maintained P&L and shouldered corporate fiscal responsibility;
• Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations;
• Represented organization at industry conferences and events;
• Analyzed industry trends and tracked competitor activities to inform decision making;
• Assisted in recruiting, hiring and training of team members;
• Implemented innovative programs to increase employee loyalty and reduce employee turnover.

Company overview: NOVOMATIC Group of Companies, for organizing games of chance

• Preparing annual financial statements and Company reports, under LAS and IFRS;
• Ensured regulatory compliance by staying up-to-date on tax laws and filing timely tax returns for the company (VAT, personal income tax, tax balance);
• Consolidating Company figures in parent Company reports;
• Ensured accurate payroll processing, adhering to all applicable labor laws and regulations for 500+ employees;
• Performing budget analysis and calculations and direct them into SAP;
• Analyzing ACT vs. BUD discrepancies, suggesting and undertaking measures for optimization in order to achieve targets and maximize profit;
• Performed cash flow management, accurately forecasting revenue and expenditures streams;
• Performing entire operations on all Company assets (recording, controlling, depreciating, inventorying, impairing);
• Developed comprehensive financial model to support executive decision-making processes on expansion and disposal of business units;
• Conducting and managing day-to-day finance and accounting operations, as well as reporting on department matters;
• Reconciled accounts and created documents for monthly closure procedures.
• Various specific cost, cost-benefit and profitability reports upon Management request;
• Advising Management on various financial matters;
• Spearheaded process improvements initiatives that enhanced overall efficiency within the accounting department;
• Developed strong relationships with commercial banks, securing favorable financing terms for the Macedonia Group needs.

Company Overview: ICT

• Conducted comprehensive business analysis aiming to result in production of new, or to improve existing ERP software for domestic and foreign companies in:

- Finance and accounting;

- Payroll;

- Warehouse management;

- Sales etc.

• Created detailed user scenarios for system enhancements, leading to improved functionality and user satisfaction;
• Advised clients on business processes optimization;
• Conducted forensics on accounting records;
• Performed functional QA testing;
• Conducted gap analyses to identify discrepancies between current and desired states, leading to actionable recommendations;
• Improved project efficiency by analyzing business processes and identifying areas for improvement;
• Collaborated with cross-functional teams, ensuring a cohesive approach to business analysis.
• Developed customized reports, summarizing and presenting data in visually appealing format;
• Prepared user manuals.

Company overview: Finance, tax, accounting, customs and legal consulting

• Evaluated client needs and expectations, establishing clear goals for each consulting engagement;
• Conducted due-diligence and appraised various companies' net-worth;
• Compiled investment programs/business plans and controlled their implementation;
• Prepared annual financial statements for various production, trade and service rendering companies;
• Lead founding and liquidation procedures in front of the Trade Registry;
• Prepared and conducted reorganization programs;
• Lead procedures, and prepared documentation pursuant to the Law on administrative procedure;
• Lead procedures in front of the National Bank, for approving and registering foreign capitalization and investment loans;

Company Overview: Commercial banking industry

• Conducted credit analysis for to approving/reprogramming/ refinancing credit lines;
• Organized, coordinated and conducted the collection for non-performing corporate loans over 90 days in default;
• Bookkeeping administration of the loans (approval/ servicing);
• Prepared collection budgets and plans;
• Daily cooperation with Bank Management Bodies;
• Sold Bank products on existing clients, and attracted new clients.

Company Overview: Commercial banking Industry, Member og NBG Group Athens

• Fully managed the collection proceedings for a 20+ M EUR portfolio (mortgage and pledge rights realization and factoring); Collected claims of 4,8M EUR;
• Conducted finance expertise of claims in court proceedings;
• Cooperated on daily basis with Enforcers, Notaries, bankruptcy managers and authorized appraisers;
• Lead negotiations with pledged property byers, and conducted credit analysis of the byers when the property was bought on credit;
• Upon management request, prepared various reports and Decisions scoping the divisions' daily operations;
• Division correspondent for implementation of the Basel II Standards governing the operative risk.

Company Overview: Investment funds managing Company

• Informing and persuading prospect clients (110K EUR invested as a result);
• Head of the Company call centre;
• Trained and coordinated the sales agents;
• Assisted the portfolio and finance managers in liquidity reports, analysis, calculating value of shares etc.

Faculty of economics- Skopje

• Parallel with the studies in the 4th semester, held practice exercise classes 4 times per week in groups of 40+ students.