Magdalena Wastag

-Process management for Record and Report Heineken France Department: team size 12 people, -Supporting Business Performance Management Department: team size 4 people,
-Drive and own and the financial process for the affiliates,
-Serve as the key contact relating to all Record to Report activities for the affiliates,
-Being responsible for month closing process for the affiliates,
-Maintain US GAAP and local ledgers including the preparation and review of related journal entries and reconciliations,
-Prepare and review financial and accounting analysis involving complex transactions related to general accounting, fixed assets, intercompany and financial reporting transactions,
-Maintain Chart of Accounts in consultation with affiliates,
-Review the Balance Sheet reconciliations for all French affiliates,
-Being responsible for yearly and quarterly internal and external audit review results,
-Prepare and provide KPI and PPI analysis on the monthly basis,
-Process documentation review,
-Drive the process transition for fixed assets activities from Heineken Cracow to third party ,
-Being involved in migration of BPM activities from French affiliates,
-Managing and coordinating team members in day to day operations,
-Ensuring that the service levels meet the requirements of SLA, KPI and Internal Controls,
-Coordinating HR aspects in cooperation with HR department (recruitment, holiday’s planning, over time reduction).

-Managed Tax Department providing tax services for external client International Paper team size: 7 people,
-Responsibility for the end to end direct and indirect tax compliance process for several IP affiliates (France, Netherlands, Poland, Czech Republic, Hungary, UK),
-Coordinated preparation of VAT, CIT returns, withholding tax calculation, intrastate reports,
-Prepared reconciliation of VAT accounts/balance sheet items,
-Controlled of accounting documents/postings from the formal and tax point of view,
-On-going tax advisory and trainings for other CG departments,
-Advised on tax treatment for new business flows/initiatives in CG,
-Being responsible for the Vat process expansion (set of vat and intrastate reports for new businesses), -Prepared Tax presentations for potential CG client,
-Involved in tax workshops with new CG client,
-Implemented several projects related to cost and time reduction across the CG team,
-Team management and administration (time sheets, holidays planning, recruitment, preparation of KPIs),
-Ensured that all procedures, maps are up to date, service provided according to SLA.

-Performed month end closing process for French International Paper affiliates: Balance Sheet and P&L accounts reconciliation,
-Prepared accruals based on BS and P&L accounts analysis,
-Analyzed of actual costs vs. forecasts vs. budget / variances analyses,
-Being responsible for Intercompany analysis and intercompany adjustments, Fixed Assets analysis, -Booked inventory adjustments,
-Being involved in yearly and quarterly audit review,
-Cooperated with IP Financial Controllers and external third parties,
-Ensured that all process documentation ( procedures and process maps ) are up to date.

-Prepared various financial reports for external client Numonyx affiliates (OPEX reports, actual vs forecast analysis with the variances explanations),
-Supported budget preparation and consolidation,
-Being responsible for the business process transition of Fixed Assets activities from IBM in Czech Republic to CG,
-Prepared process documentations (business maps, SLA`s, procedures),
-Identified the process gaps and issues and prepared appropriate solutions,
-Trained new employees,
-Performed day to day accounting for Fixed Assets; (calculated and recorded daily and monthly depreciation expenses; recorded accounting transactions related to depreciations accruals, capital interests, intercompany accruals, performed fixed assets accounts reconciliations, monthly, quarterly and yearly roll forward schedules, being responsible for running and validation of depreciation, prepared depreciation forecasts and fixed assets analysis (SAP-Hyperion reconciliation)),
-Prepared various assets uploads into SAP,
-Assisted in FA policies review;
-Participated in quarterly and yearly audit files preparation and audit support,
-Responsible for suggesting/initiating process improvements

-Supported Financial Controller with the closing tasks,
-Assisted in financial planning, forecasting and monitoring of results versus objective,
-Providing the variance explanation for sales and cost
-Prepared the deferred revenue accounts reconciliation;
-Assisted in COGS analysis,
-Prepared month end journal vouchers including pre-paids, accruals, allocations,
-Prepared and processed client invoices based on the quotations and ensured Revenue Recognition Criteria are met,
-Prepared Intercompany reconciliations and posted all necessary adjustments,
-Recorded Capital Lease entries and invoices based on Capital Lease contracts

-Executed daily general accounting activities and month-end close processes at high standard and according to agreed timelines for French Investor,
-Being responsible for monthly reporting: AA–FI reconciliation, inventory reconciliation, intercompany adjustments, P&L and BS reports extraction and loading into Hyperion, SAP-Hyperion reconciliation, -Assisted in budget and forecast preparation in SAP and Hyperion,
-Performed GL accounts reconciliation,
-Co-operation with financial controllers, audit files preparation,
-Participated in preparation of French GAAP adjustments

-Involved in 2 months period of business process transition in France,
-Prepared process documentation for Banking processes,
-Performed daily cash operations: integration the bank statements into SAP,
-Booked the cash transactions, incoming and out coming payments,
-Prepared the bank accounts reconciliation on the daily and monthly basis,
-Handled of manual payments, payments runs, wire transfers, checks,
-Managed and inspected of company’s bank accounts and constant cooperation with French financial institutions,
-Assisted in cash forecasts preparation

-Assisted in preparation of budget and forecasts,
-Participated in preparation of advertising campaign,
-Tracked orders as per contract,
-Presented commercial offers to customer,
-Assisted in promotion and marketing campaign launching.