Highly motivated Finance and Accounting Manager with a proven track record of optimising financial operations, driving process improvements, and implementing best-in-class ERP solutions. Expertise in cash flow, shared services, financial accounting, Oracle solutions, and international transfer pricing. Adept at collaborating with diverse teams to deliver strategic insights and achieve organisational goals.
In this position, I have successfully implemented Oracle Tax Reporting for a large US regional bank, streamlining their tax provision process and achieving improved accuracy. Additionally, I led the implementation of Oracle Account Reconciliation with Transaction Matching for 2 large US regional banks, automating account reconciliations and increasing efficiency.
In this position, I have:
- Transformed clients' financial processes by demonstrating the power of Oracle EPM applications for planning, forecasting, consolidation, and tax reporting.
- Advised FP&A teams on automating planning cycles, incorporating machine learning, and ensuring compliance within auditable structures.
- Assisted Controllership teams in streamlining data collection from disparate sources, implementing complex consolidation methodologies, and producing presentation-ready financial reports.
- Guided Tax leaders in adopting technology to gain control over corporate tax calculations, addressing increased regulatory scrutiny (CT reporting, Pillar II), and aligning with ESG reporting requirements.
In this position, I played a key role in:
- Executing global transfer pricing models in close collaboration with Legal and Tax teams.
- Supported the successful migration of the trial balance from SAP into Oracle ERP and meticulously set up new intercompany contracts.
- Partnered with Treasury to implement strategies mitigating FX risk arising from intercompany settlements.
- Provided in-depth analysis supporting audit requirements in areas like transfer pricing, country-by-country reporting (CbCR), and SOX compliance.
In this position, I have:
- Conducted comprehensive P&L and Balance Sheet analysis, delivering insightful variance commentary.
- Prepared and rigorously reviewed monthly balance sheet reconciliations.
- Actively participated in internal and external audits, ensuring SOX controls were robust and effective.
- Contributed to the testing and implementation of new Accounts Reconciliation tools and an ERP migration.
In this position, I have:
- Led period-end closing processes, including accruals, prepayments, and preparation of VAT returns in accordance with US GAAP.
- Identified critical issues impacting credit card reconciliations and implemented solutions, significantly reducing unreconciled balances.
- Developed comprehensive process documentation and utilised Lean Six Sigma methodologies to drive efficiency.
- Successfully trained and transitioned responsibilities to an offshore team.
Chief Financial Officer | Sinterom SA, Romania | 2007 - 2009
Chief Accountant | Pharmafarm SA, Romania | 2002 - 2007
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Oracle Tax Reporting (TRCS) for a Regional Bank in the US
Delivered a high-impact Oracle TRCS solution for a regional US bank. By automating complex tax calculations across 15 entities and 18 states, this project freed up valuable time for the finance team and ensured greater accuracy in tax reporting. Tax Automation rules were created to streamline the Tax Accounts Rollforward reconciliations, including the use of Current Tax Payable Forms.
By using Enterprise Journals, they were able to post monthly tax provision journals directly into the Oracle ERP.
Daily integration were using a series of EPM Automate scripts to orchestrate the data import from Oracle's Financial Consolidation and Close (FCCS).
Client: US Mid-West based
Size: $12 billion banking assets
Project timeline: Feb-23 to Jul-23
Oracle Account Reconciliation (ARCS) for a Regional Bank in the US
Enabled a regional US bank to automate their high-volume transaction reconciliation process by implementing Oracle ARCS. This solution handled over 100,000 transactions daily, worth in excess of $5 billion, streamlining their operations with the Federal Reserve and Automated Clearing House.
I spearheaded a redesign of the
Reconciliation Compliance process, enabling the bank to efficiently group and reconcile 8,000+ balance sheet accounts. By integrating automated updates for Fixed Assets, CIP and Multi-Period Accounting directly from their
Oracle ERP, and leveraging
EPM Automate scripts to orchestrate data imports from 40+ systems, I significantly streamlined their reconciliation process.
Client: US Mid-West based
Size: $12 billion banking assets
Project timeline: Nov-23 to Dec-24
Oracle Account Reconciliation (ARCS) for a Regional Bank in the US
Led the implementation of Oracle ARCS at a regional bank in the United States. This solution automated the matching of over 300,000 daily banking transactions, exceeding $14 billion in value, and streamlined their interactions with the Federal Reserve and Automated Clearing House.
Additionally, I implemented Reconciliation Compliance, enabling the bank to efficiently group and reconcile over 20,000 balance sheet accounts.
Daily integration were using a series of EPM Automate scripts to orchestrate the data import from multiple various source systems.
Client: US Connecticut based
Size: $75 billion banking assets
Project timeline: Nov-23 to Aug-24
Master of Laws (LLM)
Bachelor of Business Administration (BBA) in Business/Managerial Economics,
Oracle Account Reconciliation 2022 Implementation Professional Oracle
Oracle Financial Consolidation and Close 2022 Implementation Professional Oracle
Oracle Enterprise Data Management 2022 Implementation Professional Oracle
Our advisory services help you identify and address your business needs. We will work with you to develop a customised plan that will help you achieve your goals.
Our training services will help your employees develop the skills and knowledge they need to succeed.
Our remediation services will help you address any issues that may arise during the implementation of your plan. We will work with you to resolve any problems and ensure that your project is successful.
Our full life cycle implementation services will help you implement your plan and achieve your goals. We will provide you with the support and resources you need to succeed.
Our change management services will help you navigate change effectively. We will work with you to develop a change management strategy, communicate changes to your employees, and manage resistance to change.
Our diverse experience across industries like pharma, manufacturing, media, and IT, coupled with our expertise in scaling businesses of all sizes, allows us to provide insightful financial leadership and strategic guidance.
Want to hear more about how I can help your project succeed. Send me an email or call me and let's talk about your needs.
Phone IE: +353 (0) 86 96 1176
Phone RO: +40 749 390 230
Email: nadia@lodroman.com
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