Natalia Ostrowska-Furlepa

• cost optimization process
• preparing of short- and long-term forecasts for internal or external purposes including banks, audits, counterparties
• adapting work of finance and business departments to the new tax and legal requirements such as mandatory disclosure rules, white list, quick fix, RODO etc.
• liquidity management by payments planning, net working capital management and factoring’s implementation
• co-ordination of implementation of a new finance ERP system
• co-ordination of restructuring process – cost restructuring, business processes optimization, merger and liquidation of legal entities
• co-ordination of financial area of due diligence project

• establishment of controlling department
• implementation of controlling reports and procedures on the corporate level
• design and implementation of budgeting processes, monthly business reviews and management reports
• design and implementation of internal controls within main business processes
• co-ordination of several efficiency projects regarding working capital management, cash management and cost optimization
• managing of treasury department
• co-ordination and improvement of monthly closing process

participation in monthly business review with the Group Management
• net working capital management and preparation of cash flow forecasts both for local and central purposes
• co-ordination of local and group (IFRS) reporting process
• analysis, development and implementation of cost restructuring programs as well as improvement of teams/locations’ efficiency
• presentation of yearly budget in front of Group Management

• supervision of the monthly, quarterly and yearly financial group reporting process
• co-ordination of budgeting, forecast and management reports, analysis of financial results as compared to monthly objective
• design, implementation and improvement of planning and reporting system
• co-ordination of monthly closing process within the accounting department
• co-ordination of implementation and testing of internal controls on the basis of Eltel Group requirements
• design and implementation of efficiency programs (cost and working time efficiency)
• participation of international projects (e.g. implementation of IFRS 15, establishment of “Eltel Way” internal guidance)
• Planning and management of net working capital ratio

• participation in audit engagements of stand-alone and consolidated financial statements prepared in accordance with Polish Accounting Act, IFRS and German GAAP
• auditing of group reporting packages prepared for the purpose of consolidation process as well as review various statutory reporting deliverables
• testing of operating effectiveness of internal controls, including with respect of SOX requirements
• involvement in due diligence projects