Razvan-Sorin Pasca has over 18 years of experience in senior financial roles, most recently as Chief Financial Officer for Romstrade Group, a large infrastructure company in Romania. He has a strong background in financial management, strategy, accounting, and business operations. Pasca is currently pursuing his CIMA certification and seeks a senior financial position.
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Razvan Pasca
1. R AZVAN -S ORIN P ASCA
Bucuresti-Ploiesti 180L Sector 1, Bucharest, Romania
(+40) 745 399 399 razvan.pasca@gmail.com
S ENIOR FINANCIAL DIRE CTOR
Proactive, dedicated and hard-working, financial professional with over 18
years of experience in business accounting, strategy and performance of the
companies or group of companies;
Demonstrated very good negotiating and management skills, a firm sense of trust and
responsibility, high capacity to work hard under pressure;
Managing complex portfolio of investments and evaluating their financial performance;
CORE COMPETENCIES
Business accounting Enterprise management Enterprise strategy
Enterprise operations Performance management Performance strategy
Performance Operations Financial management Financial strategy
Financial Operations
PROFESSIONAL EXPERIENCE & ACCOMPLISHMENTS
Romstrade Group
Bucharest, Romania
www.romstrade.ro
Romstrade, founded in 1994, is presented as a competitor in landscape manufacturer representatives in
Romania, being recognized for their achievements in the field of infrastructure works.
Average turnover 165.8 mio EUR.
Chief Financial Officer June 2011 December 2012
Financial Director November 2008 June 2011
(Financial analysis at group level)
Empowerment as Group Finance Director
The group has different business units & companies, acting in various industries, such as:
Air industry/Blue Air, rent a car and taxi services/Taxi Aero, Production of fruits and bottling of
beverages/La mosie, catering & restaurant/Self, security services etc.
Reporting directly to: Group General Manager and owner of the businesses.
Subordinates: over 80 employees.
Major Projects:
Projection and execution of Nadlac-Arad highway and connection road Lot 1 (85 mio EUR)
Auto-passage and underground parking Charles de Gaulle Square (32 mio EUR)
Transalpina DN 67C Bengesti-Sebes KM 0,00-148+414 (376 mio EUR)
Basic infrastructure Otopeni & Voluntari Cities (148 mio EUR)
George Enescu airport investment for modernization (45 mio EUR)
Main Responsibilities:
Performance operations of the company analyse cost of products; forecast&budget; evaluate
CAPEX; manage short/medium/long-term finance e.g. cash flow;
Financial Operations ( verify tax computations, prepare financial statements use Ro-GAAP and
IFRS accounting principles, manage general and others);
Company management ( analyse competitive environment based on formal&informal data; lead
the team; negotiate and communicate effectively);
Performance Management ( design and manage budgeting system, evaluate performance of each
organizational units, plan and manage cost : financial profitability per customer / contract / cost
elements and analyze in relation to contractual provisions, interpretations, tracking and analyzing
2. RAZVAN-SORIN PASCA Phone: (+40) 745 399 399 Page 2
the financial performance indicators of the company, based on results of analysis deliver solutions
to maximize them; deliver solutions for optimizing costs, improve productivity and economic
indicators);
Financial management ( prepare group accounts, analyse and interpret financial statements);
Company strategy ( evaluate options; analyse internal environment; manage change; participated
in the development and implementation of company strategy);
Performance strategy (evaluate & manage business risk, cooperation with other functional
departments of the company/ and group to meet its objectives for ensuring implementation and
compliance with financial procedures and the development strategy of the company and group,
setting how the other functional departments of the company/ and group will make report and
prepare financial situations for reporting propose);
Financial strategy ( model and forecast cash flow and other finances; advice mergers,
acquisitions; formulate financial strategy (objectives on medium and long term and their integration
with the group objectives ); strategy of investment: coordination, preparation of the budgets analyze
the sources of financing for investment and analysis return on investment );
Implementation accordance with company management requirements an integrated management
software in real-time for whole group (Business Intelligence);
Coordinating at the group level of financial analysis, reporting procedures and financing point of
view together with strategy and financing policy of the group;
A large experience on structured financing, coordination, negotiation and attracting of financing
sources for whole group such as working capital, investment loan, discounted commercial
receivables (promissory notes), cash management, treasury negotiation, leasing contracts, any
other type of loan structure for the group companies. Negotiating and attracting financial funds by
over 500 million with international and local banks. Coordinating and overseeing consolidated
financial reporting for the group;
Coordination and supervision of finance managers from the 7 companies of the group level in
terms of funding;
Young&Rubicam & Wunderman (YR & Wunderman as part of WPP Group),
Bucharest, Romania
www.wpp.com/wpp/companies
Young & Rubicam Romania (known as Young & Rubicam/Media Pro and later Team Advertising) which
has been a publicity school for 15 years, defining creativity in Romania, forming numerous leaders of the
present advertising industry and contributing to the development of several local and international
brands. At present time, the portfolio of the company includes more than 40 brands in various domains:
financial & banking, telecommunications, media, and retail, pharmaceutical and technological industry.
Average turnover over 12 mio EUR/year.
CFO & Group Finance Director May 1998 October 2008
Reporting directly to: Finance Director Y&R Group HQ based in London
Main Responsibilities:
Performance operations of the company calculate & analyse cost of sales; forecast&budget;
evaluate and prepare CAPEX; manage short/medium-term finance (e.g. cash flow; all treasury
functions like cashing/ payments/loans/leasing; analyse and approve all the investments);
Financial Operations (verify tax computations, prepare financial statement e.g.: reporting process
preparation (Monthly/ Quarterly): financial reports required by Mother Company in accordance with
Ro-GAAP, IFRS accounting principles & network rules for external & internal management purpose);
Company management (analyse competition based on formal&informal data; lead the team;
negotiate and communicate effectively; approving all of the contracts concluded by the company
with the clients and suppliers; preparation of all internal procedures e.g. Financial; Personal
Hiring; Administration; and others);
Performance Management (manage budgeting system, evaluate performance of organizational
branch and manage cost);
Financial management ( prepare accounts for each branch, analyse and interpret financial
statements);
3. RAZVAN-SORIN PASCA Phone: (+40) 745 399 399 Page 3
Company strategy ( evaluate options; analyse internal environment; manage change; participated
in the development and implementation of each company strategy);
Performance strategy ( evaluate & manage business risk, manage financial & tax risk);
Financial strategy for local branch, (forecast cash flow and other finances; formulate & evaluate
financial strategy);
SAP software skill, configuration & supervising at companies level, customization in order to
comply with the financial and accounting reporting requests;
Tasks : procedure in accordance with Sarbanes-Oxley for financial department, coordinate
internal audit and coordinate & assistance for external auditors;
C.I.T.C S.A (Industrial Touristic & Civil Constructions)
Bucharest, Romania
Chief Accountant 1996 1998
Main Responsibilities:
Verification and approval all of accounting transactions related core business and investment
projects;
Representing the company together with CFO, providing information to internal/external auditors
and tax inspectors;
Contribution to the preparation of business plans, budget revenues and expenditures for general
activity, investment and production working in multidisciplinary teams with other heads of
departments; I helped prepare feasibility plans for investment projects with project team
members;
Provided financial analysis required by banks and financial institutions maintaining relationships
with lenders for investment projects financed and cost-benefit analysis as required by law for
investment projects internally developed;
Monitoring of payments in foreign currency/local, customs operations, completion of
documentation required by the authorities for acquisitions related the project;
Coordination and participation at inventory, in reception committee related assets for investment
projects but also to other assets of the company according to the needs of the company;
Ion Tiriac Bank, actual UniCredit Tiriac Bank
Bucharest, Romania
www.unicredit-tiriac.ro
Founded in 1991, Ion Tiriac Bank merged with HVB Bank Romania in 2005. Then, in 2006 HVB Tiriac
Bank and UniCredit Romania become UniCredit Tiriac Bank. Being in the top 5 on the Romanian market,
the company offers to its customers, through over 240 branches and over 3.000 employees, financial
solutions for the needs of individuals, SMEs, corporations, freelancers.
Credit & Loan Officer 1994 - 1996
Main Responsibilities:
Informing bank customers about credit terms and necessary credit documentation;
Analyse of financial, risk and guarantees for the clients;
Checking, analyse and record collaterals for the credit;
Drawing of credit documentations, filling in of credit application for granting or not the credit;
Checking guaranties, cashing in of interest, installments;
Preparing documentation for issuing of bank guarantees and commercial effects (bill of exchange
and promissory note);
Collaboration with other specialized departments of the bank to release incasso instruments and
documentary credit for clients portfolio;
4. RAZVAN-SORIN PASCA Phone: (+40) 745 399 399 Page 4
INSSE (National Institute of Statistics)
Bucharest, Romania
www.insse.ro
The National Institute of Statistics is a Romanian government agency which is responsible for collecting
national statistics, in fields such as geography, the economy, demographics and society. The institute is
also responsible for conducting Romania's census every ten years, with the latest census being organised
in 2012.
Referent 1991 1994
Analyst 1989 1990
Main Responsibilities:
Analysis and processing of financial and economical data according to statistic reports in order to
determine the macro economical indicators;
Planning of budgets at the macro economical level;
I.C.P.E. (Research Institute for Electrotechnics)
Electro-mechanic (Determination of functional parameters for electrotehnical products) 1986 1989
EDUCATION & PROFESSIONAL DEVELOPMENT
ACADEMY OF ECONOMIC STUDIES - Bucharest, Romania 1989 - 1994
Management Bachelor Degree
www.ase.ro; www.management.ase.ro
Chartered Institute of Management Accountants U.K (CIMA) In progress
http://www.cimaglobal.com - Operational Level
Certification in IFRS reporting certificate by ASEBUSS 04-07/2005
Bucharest, Romania
www.asebuss.com
Network trainings; others professional trainings organized by Big4 (e.g credit/financing taxation,
transfer pricing, merger&acquisition, anticipated tax solutions and so on)
OTHERS
Motivated, well connected, ambitious, dynamic, flexible thinking, adaptable;
Very organized and able to establish priorities;
Good communication and interpersonal skills;
Strong analytical skills;
Team worker, ability to work effectively in multifunctional teams;
Innovation, risk taking, responsibility and reliability;
Stress resistant;
English pre-advanced ;
computer skills: Microsoft Office Windows XP, Vista, PPT, SAP - Accounting Software,
(ERP)+SAP Business Intelligence (BI), NAVISION - Accounting Software (ERP), Electronic Banking
Multi Cash Online banking etc.
PERSONAL DATA
Date of birth: 19.02.1968
Nationality: Romanian
Marital status: married with child
Clean driving license B category, since 1991