DANIEL SINK
Oslo
Summary
Dynamic CFO with a proven track record at the Ministry of Foreign Affairs and Trade, excelling in budget management and risk mitigation. Spearheaded financial oversight for Hungarian embassies in Scandinavia, enhancing compliance and operational efficiency. Adept at leading teams and driving strategic financial initiatives to optimize performance and ensure fiscal health.
Overview
13
13
years of professional experience
Work History
CFO
Ministry of Foreign Affairs and Trade - Embassy of Hungary
Oslo
07.2018 - Current
- Served as an Economic Expert at the Embassy in Oslo before founding and leading the Scandinavian Economic Region as CFO in 2021.
- Spearhead comprehensive financial oversight for Hungarian representations in Scandinavia, including budget planning and execution.
- Generate meticulous financial, economic, administrative, and operational reports for embassies within the region.
- Operate in strict compliance with Hungarian economic frameworks, aligned with EU regulations, while adapting to regional legislative changes.
- Direct all facets of human resources management within the Economic Region unit.
- Oversaw financial operations, ensuring compliance with regulatory requirements and internal policies.
- Managed budgeting processes, providing accurate forecasting and effective cost-control measures.
- Collaborated with cross-functional teams to optimize financial performance and business processes.
- Monitored cash flow, managing working capital to maintain financial health.
- Conducted risk management assessments, developing strategies to mitigate financial risks.
SENIOR ACCOUNGANT MANAGER
Ministry of Foreing Affaires and Trade
Budapest
07.2017 - 06.2018
- Managed key financial and accounting operations within the ministry.
- Provided expert guidance and oversight to international representatives.
- Contributed to the development of comprehensive financial reports for executive leadership and the Ministry of Finance.
- Collaborated on initiatives to maintain continuous financial stability for both domestic and overseas entities.
- Assessed and updated operational regulatory frameworks to ensure legal compliance.
- Oversaw financial statement preparation, ensuring accuracy and compliance with accounting standards and regulations.
- Managed and mentored accounting team, fostering a culture of continuous improvement and professional growth.
- Conducted monthly and annual closing processes, streamlining procedures to enhance efficiency and reduce errors.
CHIEF ACCOUNTANT
Audit Digit System Kft
Budapest
08.2012 - 05.2017
- Delivered comprehensive financial and accounting services to Hungarian enterprises.
- Expertly prepared accounting and financial statements, ensuring compliance with legal standards.
- Represented client companies professionally before supervisory authorities.
- Oversaw financial operations, ensuring compliance with accounting principles and legal standards.
- Managed timely and accurate financial reporting, including balance sheets, income statements, and cash flow statements.
- Coordinated and prepared for annual audits, serving as the primary contact for external auditors.
- Developed and maintained internal controls to safeguard company assets and ensure financial integrity.
- Analyzed financial data, providing strategic recommendations to optimize financial performance and reduce costs.
- Supervised accounting staff, providing guidance and professional development to enhance team performance.
Education
BACHELOR OF FINANCE - ACCOUNTING
Budapest Business School
Budapest12.2012
Skills
- Leadership
- Risk Management
- Decision-Making
- Problem Solving
- Budget Management
- Cash flow management
- Adaptability
- Problem solving
Languages
Hungarian
First Language
English
Advanced (C1)
C1
Norwegian
Elementary (A2)
A2
References
References available upon request.
Timeline
CFO
Ministry of Foreign Affairs and Trade - Embassy of Hungary
07.2018 - Current
SENIOR ACCOUNGANT MANAGER
Ministry of Foreing Affaires and Trade
07.2017 - 06.2018
CHIEF ACCOUNTANT
Audit Digit System Kft
08.2012 - 05.2017
BACHELOR OF FINANCE - ACCOUNTING
Budapest Business School
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