Adrian Pirciu

Agile Chief Financial Officer and incisive advisor partnering with boards of directors and trustees and steering financial and accounting teams through change to facilitate revenue performance, profitability, and team development and effectiveness. Extensive expertise in finance and accounting, boasting over a decade of experience in multinational companies. Engaged in mergers and acquisitions, strategic planning, capital financing, and investing, extensive knowledge of company valuation, remarkable ability to implement correct financial systems, standardized company at international financial Standards IFRS and GAAP.

Promoted and trusted for transforming transactional finance operations into agile, data-driven models that overcome uncertainty. Reorganized and right-sized team to streamline and integrate efforts into broader business strategy, boosting financial performance, and data accuracy and reducing reporting time. Troubleshoot underperforming assets and fix challenges others find impossible to deliver significant improvements, increase asset value, and save capital in crises.

Possesses robust business acumen and significant international exposure with more than 15 years experiences in Motor Trade Dealership.

Group CFO - Holde Agri Invest - Bucharest

(2025-01)

Governed financial activity of M&A responsibilities, due diligence, and post-acquisition integration, fully committed to the development of company strategy, and led the development of new processes, procedures, and systems of the business.

• Oversaw the preparation of all quarterly and year-end consolidated statutory accounts based on Bucharest Stock Exchange rules.
• Management of complex banking arrangements
• Participate in commercial discussions across all aspects of the business

CFO - LPG Group - Bucharest

(2024-07 - 2024-12)

Oversee all financial functions, including budgeting, forecasting, and cash flow management, to support sustainable growth and profitability

• Oversee the month-end close process and financial statement preparation
• Oversee capital structure, optimise the working capital funding strategy, balance sheet management and long-term financial planning
• Support key business decisions with robust financial modelling and forecasting.
• Lead the implementation of dynamic cost control measures, discipline and rigor that adapt to changing business environments and operational efficiency.

CFO Romania & Moldova - Gursk Medica - Bucharest

(2024-02 - 2024-05)

Oversaw all business financial activities and the ongoing development of integrated enterprise systems, preparing financial statements for company development and expansion.

• Controlled financial and accounting performance, prevented errors, saved costs by excellent oversight of all activities of the business, including IT departments, and accomplished every mission and objective with 100% compliance.
• Managed key supplier relationships such as Dentium, Henry Schein, Miglionico, and Fotona.
• Provided financial insights for pricing and investment decisions and led the development of planning scenario models.
• Analyzed financial data and created reports for management, and stakeholders.

Group CFO - Holde Agri Invest - Bucharest

(2021-09 - 2024-01)

Governed financial activity of M&A responsibilities, due diligence, and post-acquisition integration, fully committed to the development of company strategy, and led the development of new processes, procedures, and systems of the business.

• Provided strategic recommendations and financial advice to the CEO and members of the Executive Management Team.
• Started and implemented a program (2022) through which employees from different departments were implicated in various projects to gain experience from transactions like M&A, club loans, and investment projects, facilitating excellent professional exposure and financial benefits.

Group Financial Controller - Holde Agri Invest - Bucharest

(2020-12 - 2021-08)

• Managed relations with the auditors and oversaw the interim and year-end audit work, reviewed statutory accounts, and ensured IFRS compliance.
• Managed complex banking arrangements and collaborated with the Group's tax advisors to ensure efficient tax planning and compliance.

Head of Controlling & Reporting - Țiriac Auto - Bucharest

(2018-10 - 2020-11)

Tapped to direct development and implementation of financial and technology solutions. Conducted and held the month-end close and production of the management reporting pack, dedicated to developing the company's operating budgets and delivering cost-effectiveness initiatives. Empowered cross-functional teams to success.

• Engaged in contributing to implementing new software for the sales department (in 2019) to manage visits, orders, and auto-deliveries and provided them with financial support considering a possible integration with accounting software.
• Led a team of experts, with the help of external consultants, especially on implementing ERP and system upgrades; the implementation team trusted me as a consultant for Go-live ERP and shareholders reporting for Tiriac Auto.

Financial Controller - Țiriac Auto - Bucharest

(2011-01 - 2018-10)

• Nominated in 2011 when contributed to the merger of 5 companies into one, Tiriac Auto, to eliminate the duplicative operations and official procedures existing in the auto retail division.
• Developed analysis of average price and gross margin, per brand, per model, hours invoiced/hours worked/employee of major Lines of Business: Sales Auto, Spare Parts, and Service.

Project Finance Manager - Țiriac Auto - Bucharest

(2006-02 - 2011-01)

• Elaborated in 2007 a new internal chart of accounts and implemented Oracle for reporting purposes for Tiriac Auto Division IFRS Accounting which resulted in a decreased reporting period from 13 to 7 working days.
• Created a new statutory chart of accounts in 2008, implementing & conducting 5 times launching new Oracle Application (GL/AP/AR/FA) between 2008-2010 for Tiriac Auto Division RAS Accounting, integrating new operational processes.
• Nominated in 2011 when contributed to the merger of 5 companies into one, Tiriac Auto, to eliminate the duplicative operations and official procedures existing in the auto retail division.
• Engaged in selecting software suppliers and system findings to implement Oracle ERP to attain reduced decision-making and reporting time, significantly reducing the manual effort of group consolidation and increasing the quality of information prepared by the data-based decision process.
• Directed a strategic decision that showcased our financial prudence and notable win for the organization, instilling confidence in our cost-saving abilities through analysis of company car expenses in 2007 and 2008.
• Piloted a significant reduction in costs of at least 400,000 euros/per year before the crisis; following the 2007 analysis, decided to offer employees entitled to a company car a single brand and model for each seniority level instead of choosing from several brands and models.
• Directed the cost analysis and a final saving of 50,000 euros/year by decreasing printer expenses after analyzing the rental of printing equipment and printed pages payment, integrating procedures for all departments.

Reporting & Budgeting Supervisor - AIG Life Insurance - Bucharest

(2001-03 - 2006-02)

• Instituted in 2001, a new statutory chart of accounts, based on insurance commissioner requirements, was linked with the ALICO internal chart of accounts, demonstrating my ability to integrate and streamline financial processes.
• Created in 2003 reports asked by the HQ and regional office using SUN Reporting.
• Initiated a modification of the monthly cash-flow report model to make a comparison with the previous months; added each month separately, an idea which was reproduced next year to the standard model of the company.
• Received the opportunity to engage in local or regional projects and obtained salary increases and bonuses at annual performance assessments by delivering excellent results.

Chief Accountant - Novachrom Trading

(1999-03 - 2001-03)

• Created a new statutory chart of accounts (1999) and Implemented Wizcount for Romanian accounting & GAAP Accounting, elaborating new templates for US GAAP reporting with CFO.
• Be part of the Project Team in implementing Wizcount at the group level in Romania in 4 legal entities (2000)

BA - Finance – Accounting - Academy of Economic Studies, Bucharest (1997)