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Work Background
OFSZ- Országos Fizetési SzolgáltatóCFO / Member of the Board
Feb. 2024 - Jul. 2024Budapest, Hungary
Fizetési PontCFO / Member of the Board
Feb. 2024 - Jul. 2024Budapest, Hungary
UDEMXCEO / CFO
Jan. 2022 - Jan. 2024Budapest, Hungary
DnT Systems LtdCo-owner / CEO
Nov. 2021Hungary, Budapest
UDEMXCFO/ COO
Jan. 2021 - Feb. 2022Budapest, Hungary
KED Services Kft. Owner / Managing director
Apr. 2017KED SERVICES LTD. (boutique management consulting company)
contracted Managing Director & Senior Consultant
BC Group (manufacturing and construction material trade company) (net revenue EUR 5 million, over 100 employees)
• Developed an end-to-end process to manage request for quotations (RfQs) in a timely manner.
• Generated a EUR 107k profit improvement in less than a year through the rationalization of the supplier portfolio - terminated relationships due to quality issues; renegotiated existing contracts and renewed agreements with better conditions; developed new partnerships.
• Delivering an expected EUR 300k+ profit improvement in the upcoming years through optimization and strategic planning. Created business plans for all group entities; started to develop policies and define workflows to increase operational efficiency.
Udemx (IT development company, 35 employees)
• Built a controlling and cash management system from the ground up. Helped Udemx to quadruple its profit margin in less than 2 years.
Other projects
• Helped manufacturing companies with strategic financial planning and process improvements.
GB & Partners Investment ManagementCEO, CFO & COO for portfolio companies
Apr. 2017 - Sep. 2019Budapest, Hungary• Monitored and controlled the financials of portfolio companies. Carried out NPV (Net Present Value) and IRR (Internal Rate of Return) calculations; developed cash-flow forecasts. Prepared monthly/quarterly financial reports and investor presentations.
• Coached and mentored startup founders – often acted as a trusted management advisor. Gained industry experience in logistics, software development, pharma, engineering, cybersecurity, and IT.
• Led sophisticated multi-stakeholder negotiations, harmonized conflicting interests, and successfully facilitated critical business decisions.
• Laid down the right foundations for future (2nd, 3rd round) capital investment - helped startups with processes, organizational structure, strategy, and sales. Facilitated the investments of millions of euros.
• Improved transparency by building a controlling system for outsourced accounting functions.
FCA Fiat Chrysler AutomobilesRegional Chief Financial Officer
Nov. 2012 - Apr. 2017Budapest, Hungary and Prague, Czech Republic• Led the reorganization of the company due to the merger of Fiat and Chrysler. Harmonized the Hungarian, Slovakian, and Czech operations, including logistics, pricing, finance, treasury, and invoicing. Achieved to save more than EUR 1,8 million due to optimization.
• Optimized the overall financial performance of the company by using strategic treasury and cash management solutions (e.g., currency hedging, transfer pricing).
• Drove the improvement of gross profit by EUR 11,4 million - made warranty changes, set new pricing options, closed unhealthy operations, and established a new discount spending approval process.
• Managed two tax audits without any material finding and successfully closed one internal audit.
• Supported more in-depth data analytics by rebuilding the regional finance ERP items in a 36-level matrix.
• Developed in-house risk management and a credit collection system from scratch due to the unexpected termination of FCA’s stock financing partnership.
• Against all the odds, collected EUR 1,3 million bad debts arising from pre-2013.
FCA Fiat Chrysler AutomobilesChief Financial Officer
Jun. 2009 - Oct. 2012Budapest, Hungary• Introduced a more transparent incentive management system by implementing a new web-based application. Created a straightforward process, which eliminated anomalies and made planning and administration easier.
• Developed and implemented a highly profitable strategy for aftermarket sales.
• Saved more than EUR 270k on overhead costs by optimizing operational processes.
• Led the growth of the finance & controlling team from 4 to 8 people - monitored and coordinated budgeting, forecasting, and month-end closing processes.
• Built local risk and collateral management processes, which enabled me to manage the financial crisis without any material write-offs (the total amount was under EUR 100k between 2008-2012).
• Led and managed a global IT migration project, from planning to execution as a Project Manager. Achieved to deliver a smooth transition (data migration, process changes, administration, etc.).
• Successfully faced a general tax audit for the period 2006-2008, which finally resulted in no material findings due to appeals won – saved more than EUR 390k.
FCA Fiat Chrysler AutomobilesController Hungary
Apr. 2005 - May. 2009• Created budget plans and forecasts; prepared reports (e.g., P&L, Balance Sheet, Cash Status) and analysis (e.g., margin analysis). Managed the month-end closing process. Ran ad-hoc financial simulations.
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