Sanat Kassymov, CPA
I am a finance executive with more than 10 years working experience in private sector. At the time being I am planning to start my own business and looking for the new ideas. I am ready to be the co-investor in interesting projects. My choice for location is United States as the biggest market in the world with various opportunities.
Chief Finance Officer
Batua Agro (joint venture with Chinese Investment Corporation)
May 2015 - June 2016
The project is operated by Chinese Government Fund - CIC. Total CAPEX budget is 0.5 bln USD, monthly operations cost is 2 mln USD. The project is at the early (startup) stage and basic functions contain project management. Basic functions: - Ensuring that internal and external financing of the project is sufficient. Monitoring daily, weekly and monthly cash flows and ensuring tax optimisation while getting external financing. - Developing annual budget and long term financial model of the company. Performing budget control on weekly and monthly basis. - Monthly reporting to stakeholders in Hong Kong. Explaining any sufficient discrepancies with the approved budget. - Developing business processes based on company activity. Leading risk mitigation processes. - Supervising finance and administrative staff. Total people under direct supervision is 12 people including finance, accounting, tax, IT and administration.
Chief Finance Officer
JC Decaux (French Multinational Company)
June 2013 - February 2015
Total annual revenue is about 25 mln USD. The company is controlled and operated by JC Decaux as a Kazakhstan subsidiary. Direct reporting to East Europe headquarter in Vienna, Austria. Worldwide revenue of the group is about 2 bln USD. Basic functions: - Leadership in the areas of Finance, Treasury, IT, Controlling and Risk management. - Providing leadership to local CFO-CPL functions with aim of creating and sustaining a spirit that is based on high performance team culture, 6 people under direct supervision. - Supporting financial management of the Group by safeguard the capital base of the legal entities and to closely monitoring the profit margin. Ensuring compliance with local laws and regulations. - Overseeing local aspects of financial management including foreign exchange management. - Supporting development and execution of country-group IT strategy in line with applicable global and regional strategies and directives. - Was accountable for all Controlling activities focused on CPL and local legal entities and the overall country/country group by coordinating the gathering, submission and overall analysis of budget and forecast data.
Finance Business Partner
SYNGENTA AG (Swiss Multinational Company)
December 2010 - December 2012
Total annual revenue is about 30 mln USD in Central Asia and Kazakhstan. The company is a subsidiary of Swiss based Syngenta AG responsible for Central Asia region. Direct reporting to CIS headquarter in Moscow, Russia and Global headquarter in Basel, Switzerland. Worldwide revenue of the group is about 20 bln USD. Basic functions: - Providing advice, transparency and decision support to the SBS and the Country Leadership via effective financial steering & planning of CPL resources in line with global targets and KPI’s. 8 people under direct supervision. - Was accountable for all activities within Commercial Support, especially in the area of Logistics, Distribution, Quality and Marketing & Sales support. - Driving an increased customer focus and higher efficiency of the Commercial Support function. - Overseeing and supporting the effective coordination for all procurement activities in the countries/sites to deliver required business performance in order to sustainably increase the procurement value creation. - Was accountable for all Controlling activities focused on CPL and local legal entities and the overall country/country group by coordinating the gathering, submission and overall analysis of budget and forecast data. - Was responsible for optimizing receivables management, ensuring proper credit management through design and supervision of local organization and processes in coordination with subgroup management, supporting timely collection of outstanding receivables as part of working capital optimization. - Supporting financial management of the Group by safeguard the capital base of the legal entities and to closely monitoring the profit margin. Ensuring compliance with local laws and regulations. - Supporting development and execution of country-group IT strategy in line with applicable global and regional strategies and directives.
Chief Finance Officer
BMB MUNAI Inc. (US Public Company)
February 2005 - December 2010
Initially the company was founded by local people in Kazakhstan and then became publicly traded US Corporation. Was operated and managed by the Board of Directors from USA, Salt Lake City. The company’s main activity was oil and gas production and exploration. Started working as a Finance Manager (February 2005-December 2005) mainly accountable for US GAAP reporting. Then, was promoted to Chief Finance Officer. - Overall management in the areas of Finance, Treasury, ERP, Controlling, US GAAP reporting and Communication with SEC. - Developing and managing funding strategies of the company including private placements, placements of bonds and short-term financing. Communication with local and international financial institutions. - Overseeing consolidation and reporting of financials of the company in accordance with US GAAP under SEC rules. Ensuring that the financial reporting and planning for the business is reliable, timely and effective. - Managing and stimulating the Finance and Administration team consisting of 27 people located in Kazakhstan and USA. - Establishing and supporting internal controls in accordance with SOX requirements.
Deloitte (Big 4)
December 2001 - February 2005
Started working as assistant auditor and was promoted to Senior Auditor/ Semi Manager during 2011-2015. Was involved in auditing of companies from various industrial sectors including Energy, Metals, Chemicals, Distribution, FMCG, Agrochemicals and Financial institutions. Some of the audit clients are Coca Cola, P&G, ENRC, UzbekEnergo, Kazkommertsbank, Halyk Bank and NBRK. Basic functions: - Leading client audit engagements, which include planning executing, directing, and completing financial audits. - Obtaining a thorough understanding of PCAOB and generally accepted auditing standards and common audit procedures and techniques. - Supervising, training and mentoring associates and interns on audit process. - Application of international (IAS/ US GAAP) and national accounting principles and international (IFRS/ US GAAS) and national auditing standards.
Chief Specialist, Corporate Relations Department
Demir Kazakhstan Bank
April 1999 - December 2001
Started working in Istanbul branch in Turkey as a junior specialist after graduation. In 1999 was promoted to the Specialist position in Kazakhstan subsidiary. Was responsible for corporate business of the bank. Basic functions: - Analyzing business and financial statements of clients, formulating credit proposals. - Structuring import and export operations of clients. Conducting business relation with clients’ partners. - Providing senior management with the information regarding developments in the market by conducting market analysis and studies. - Meeting profit and quantitative objective and budget assigned by the senior management and proactively participating in decision making procedures.
1994 - 1998
New Hampshire, USA