Mari-Liis Kikas, Finance professional / CFO

About

Mari-Liis is a finance professional, working as a CFO. She has a thorough accounting, financial management & controlling & analysing and M&A advisory know-how from her previous work history in Enefit, Orkla & Big4 companies. Mari-Liis owns a master’s degree in Corporate Finance from Tallinn University of Technology (TalTech) and has graduated Tallinn School of Economics in Accounting and Finance, cum laude.

Experience

Avalon Property Development

May 2022 – Present

Tallinn, Estonia

CFO / Chief Financial Officier

Areas of expetise: - Daily cash flow management; - Strategic planning (budgeting, forecasting); - Managing the initial SPV set up process; - Cost-benefit analyses; - Development and implementation of internal financial processes; - Managing accounting team and functions.

PlusPlus Capital AS

Jan 2022 – May 2022

Tallinn, Estonia

CFO / Chief Financial Officier

Areas of expertise: - Loan portfolio credit risk analysis; - Loan portfolio discount model development; - Financial reporting (monthly, quarterly, annual); - Participation in audit process; - Participation in financial accounting software development; - Cash flow management and forecasting; - Strategic planning (budgeting and forecasting); - Supervising the accounting team; - Financial partner for the Management team.

Eesti Energia / ENEFIT

Aug 2020 – Dec 2021

Tallinn, Estonia

Lead Financial Controller

Eesti Energia is international energy company owned by the Estonian state. Creating energy solutions from the production of electricity, heat and fuels to innovative sales, client services and energy related additional services. I was working as a Lead Financial Controller for its subsidiary Enefit Connect and until mid 2021 worked as a Lead Financial Controller for Elektrilevi (largest network operator in Estonia), as well. Enefit Connect was established in 2021. It manages electricity networks and large part of street lightning network in Estonia, builds internet network, develops charging network for electric cars and offers its clients new energy solutions based on contemporary technology. As a Leading Financial Controller, I was responsible for advising the Management Team on all financial matters, helping them with necessary financial reporting & analysis to make excellent management decisions and to reach the company's goals. I was responsible for the coordination and development of different financial processes (strategy, budget, forecasts, financial modelling etc). Areas of expertise: - Strategic planning (incl. budgets, strategy and forecasts); - Development of accounting principles; - Cost-benefit analyzes; - Development and implementation of financial controlling processes; - Improving the Company's financial services (incl. financial language) efficiency and quality.

PricewaterhouseCoopers / PwC

Aug 2018 – Aug 2020

Tallinn, Estonia

Deals Associate / Senior Deals Associate

Participated in some of the largest deals within the Baltic and the Nordic countries, where I gathered great knowledge about the whole M&A process - where to focus in such situations and how to manage various types of financial transactions (mergers, acquisitions, sale/purchase of assets etc). Areas of expertise: - Mergers & Acquisitions (buy side and sell side); - Due diligence; - Valuations and financial modelling; - Economic analysis in disputes and specific checks; - Analyses of economic impact and market research.

Aug 2017 – Aug 2018

Tallinn, Estonia

Consultant of Accounting, Compliance and Reporting

In EY, I gained extensive accounting know-how (in addition to Orkla), where I helped the clients with their daily accounting and tax compliance tasks. Areas of expertise: - Bookkeeping - Tax compliance - Reporting and budgeting (both local GAAP and IFRS) - Day-to-day accounting advisory services - Set-up and optimization of the financial and accounting function - Payroll operation and related tax compliance - Initial set-up services

Orkla Accounting Centre

Nov 2014 – Aug 2017

Tallinn, Estonia

Accounts Payable Accountant

Areas of expertise: - Purchase-to-Pay process knowledge transfer from Norway to Estonia (Offshoring project) - Improvement of work processes (LEAD) and creation of work instructions - Processing of purchase order related (MM) invoices and other Accounts Payable documents (quality check, scanning, posting, booking) - Reconciliation of GR/IR accounts - Reconciliation of Intercompany - Resolving vendor queries and payment issues - SAP vendor and employee master data maintenance - ERP system: SAP (R3P, C11), Ibistic, Compello, Epix

Education

Tallinn University of Technology

Sep 2016 – Jun 2018

Master of Arts, Accounting and Finance, specialization in Corporate Finance

Tallinn School of Economics

Sep 2013 – Jun 2016

Bachelor of Arts, Cum Laude, Accounting and Finance

Mari-Liis Kikas

Finance professional / CFO

Skills

Languages