Victoria is available for hire
Hire VictoriaVictoria Kruchevska
Verified Expert in Finance
Finance Expert
Location
Frankfurt, Hessen, Germany
Toptal Member Since
April 14, 2020
Victoria is a chartered financial analyst and a certified financial risk manager with 10+ years of experience in international startups and top-tier European investment banks. She enjoys freelancing because it allows her to leverage her expertise and maximize the value for her clients. Victoria's expertise spans many areas, including budgeting and financial modeling, credit risk, equity valuation, and IPOs of small and mid-sized technology companies.
Career Highlights
Senior Financial Manager
constellr
Senior Financial Planner & Analysis Manager
Dropshop Inc.
Education Highlights
Master's Degree
Heriot-Watt University
Certification Highlights
Financial Risk Manager (FRM)
Global Association of Risk Professionals
Chartered Financial Analyst (CFA)
CFA Institute
Case Studies
Industry Expertise
Software Expertise
Other Expertise
Work Experience
Senior Financial Manager
2023 - PRESENT
constellr
- Developed and implemented sustainable internal controlling processes related to planning and group-wide reporting to deliver accurate results to management and investors.
- Assumed responsibility for company-wide financial planning by aligning income and expense streams from various projects, such as investment activities and funding stream projects.
- Provided support and guidance to management about financing strategies to ensure timely funding of cash needs.
- Designed and established sustainable project-controlling processes and procedures for complex government-funded aerospace projects.
- Defined annual budgets and ensured periodic tracking of actuals to optimize the allocation of financial resources.
Focus areas: Budgeting, Financial Planning & Analysis (FP&A), Liquidity Events, Fundraising, Seed Fundraising, Reporting, Expense Management, Capital Budgeting, Business Modeling, Project Finance, Revenue & Expense Projections
Senior Finance Manager
2022 - 2023
Freelance Clients
- Set up long‐term financial plans and forecasts, including business plans, yearly and monthly budgets, and cash and liquidity analysis, that align with the strategies and vision of an early-stage software startup.
- Conducted liquidity assessment and cash flow modeling for the management to find the best financing arrangement.
- Developed and implemented sustainable best-in-class concepts related to planning, reporting, and internal control systems based on financial data and indicators.
Focus areas: Fundraising, Seed Fundraising, Startups, Financials, Budget Modeling, Expense Management, Capital Budgeting, Business Modeling, Revenue & Expense Projections
Senior Credit Analyst for SME
2020 - 2022
KfW
- Analyzed and evaluated the current business situation of German SME clients, including operational and financial due diligence and drafting the analytical research reports for the credit granting decision process.
- Constructed interactive and robust financial models, including actual figures and forecasts, to assess financial and operating performance and derive relevant KPIs.
- Developed and managed long-term financial plans that align with strategies and goals, including business plans, quarterly and yearly budgets, and cash and liquidity analysis.
Focus areas: Credit Risk, Credit Analysis, Forecasting, Business Modeling
Senior Financial Planner & Analysis Manager
2020 - 2021
Dropshop Inc.
- Acted as the main finance custodian of operational data and conducted planning, tracking, analysis, and reporting of the operational performance.
- Developed and managed long-term financial plans that align with strategies and goals, including business plans, quarterly and yearly budgets, and cash and liquidity analysis.
- Established advanced financing reporting dashboards, such as bookings, retention rates, churn, customer acquisition cost, customer lifetime value, sales productivity, and the like.
- Worked closely with the CEO/CFO to determine funding needs and strategy and explore financing deals. Improved the company's core finance and accounting processes and systems.
Focus areas: Budgeting, Forecasting, Financial Modeling, Expense Management, Capital Budgeting, Business Modeling, eCommerce, Software as a Service (SaaS), Revenue & Expense Projections
Senior Financial Analyst for Technology/Software Sector
2017 - 2020
Commerzbank
- Constructed interactive and robust financial models, including actual figures and forecasts, to assess financial and operating performance and derive relevant KPIs.
- Analyzed and evaluated the current business situation of German software companies, including operational and financial assessment and drafting analytical research reports.
- Created presentations for financial investors showcasing financial and operating development for German software companies.
- Worked closely with C-level management to determine strategic goals, reporting needs, and key performance indicators.
- Led the $60 million IPO of an emerging growth software company in Germany. Authored the offering memorandum and constructed the five-year financial model and underlying valuation.
Focus areas: Investor Relations, Three-statement Modeling, Break-even Analysis, Investor Presentations, Valuation Multiples, Financial Modeling, Financial Reporting, Equity Research, Ratio Analysis, Equity Valuation, Financial Planning & Analysis (FP&A), Mergers & Acquisitions (M&A), Business Modeling, Software as a Service (SaaS), Revenue & Expense Projections
Financial Analyst for Industrial SME
2017 - 2017
Vontobel
- Constructed interactive and robust financial models, including actual figures and forecasts, to assess financial and operating performance and derive relevant KPIs.
- Built and maintained a detailed three-statement operating model and evaluated economic profitability for 10+ Swiss chemical companies.
- Developed actionable investment theses and pitched ideas to internal corporate clients and external institutional investors by conducting comprehensive financial modeling and leveraging an in-depth understanding of equity markets.
Focus areas: Investor Relations, Three-statement Modeling, Break-even Analysis, Investor Presentations, Valuation Multiples, Financial Modeling, Financial Reporting, Ratio Analysis, Equity Valuation, Equity Research, Financial Planning & Analysis (FP&A), Mergers & Acquisitions (M&A), Business Modeling
Financial Analyst for Small & Mid Cap Technology Portfolio
2016 - 2016
Equinet Bank
- Constructed interactive and robust financial models, including actual figures and forecasts, to assess financial and operating performance and derive relevant KPIs.
- Analyzed and evaluated the current business situation of German software companies, including operational and financial assessment and drafting analytical research reports.
- Researched competitive market dynamics, understood critical industry drivers, and developed complex industry models for the semiconductor and equipment manufacturing markets.
Focus areas: Ratio Analysis, Investor Relations, Three-statement Modeling, Break-even Analysis, Mergers & Acquisitions (M&A), Investor Presentations, Valuation Multiples, Financial Modeling, Financial Reporting, Equity Research, Equity Valuation, Financial Planning & Analysis (FP&A), Business Modeling, Software as a Service (SaaS)
Credit Rating Analyst
2014 - 2015
Moody’s Investor Service
- Developed detailed three-statement financial projections for 20+ diversified European manufacturers and energy service providers, informing the recommendation credit rating assignment.
- Constructed comprehensive credit risk models and employed credit risk assessment techniques, including financial leverage and scenario analyses, debt structure, and maturity profile evaluation, as well as liquidity requirements of new and existing corporate clients.
- Created investor slide decks to concisely present trends in the building and construction, manufacturing and energy service providers industries, financial projections, and peer analyses to support specific company credit risk assessment.
Focus areas: Financial Modeling, Financial Reporting, Three-statement Modeling, Ratio Analysis, Credit Evaluation, Credit Risk, Financial Planning & Analysis (FP&A), Business Modeling
Credit Analyst
2013 - 2014
Bank of China
- Led the credit analysis for a $500 million credit facility of a large Chinese industrial company, including a cash flow and covenants analyses, financial and operational due diligence, in-depth credit risk assessment, and presenting the findings in the bank's Credit Committee for the subsequent approval of the credit facility.
- Built and maintained robust credit risk models and employed credit risk assessment techniques for credit lines of up to $50 million, letters of credit, and export-import financing, including development of risk scorecards and risk mitigation strategies, financial leverage, and liquidity requirements.
- Performed the credit risk assessment of 30+ European and Chinese diversified manufacturing companies, including operational and financial due diligence and drafting the analytical research reports to inform the credit granting decision process.
Focus areas: Credit Evaluation, Risk Analysis, Credit Risk, Financial Planning & Analysis (FP&A), Business Modeling
Education
2011 - 2015
Master's Degree in Financial Management
Heriot-Watt University - Edinburgh, Scotland
2012 - 2012
Bachelor's Degree in Business Administration
FOM University of Applied Sciences - Wiesbaden, Germany
2005 - 2009
Bachelor's Degree in Financial Management
Kiev Investment Management Institute - Kiev, Ukraine
Certifications
JUNE 2015 - PRESENT
Financial Risk Manager (FRM)
Global Association of Risk Professionals
JUNE 2015 - PRESENT
Chartered Financial Analyst (CFA)
CFA Institute