Arthur Kostaras

Arthur Kostaras Phone:- (Canada)-https://www.negotiateandwin.com https://www.linkedin.com/in/arthur-kostaras-2b69b3121/ PROFILE Senior Finance Executive with over 35 years of expertise in accounting, finance, business development, strategy, operations, and risk management. CORE COMPETENCIES • • • • • • • • • • • Team Building, Leadership, Communication, and Engagement Financial Planning, Valuations & Forecasting Financial Statement Preparation & Analysis Mergers and Acquisitions Strategic Business Development Cash Flow Management Risk Management and Compliance Strategic Vision & Planning Audit Control & Management IFRS and US GAAP Shareholder Value Creation and Private and Public Debt/Equity Experience EDUCATION • CF (Corporate Finance) – CPA Canada • CPA CMA – CPA Canada • Bachelor of Commerce - University of Alberta (Accounting and Finance) • REV – Recognized European Valuator CAREER ACCOMPLISHMENTS • Developed a multi-faceted cash flow model for an $85 million revenue stream across manufacturing, research, retail, and construction divisions. • Successfully sourced $20 million in equity capital and $185 million in debt financing through collaboration with major trade partners, consultants, and stakeholders. • Budgeted, planned, and managed cash flow for two major open tender projects valued at $145 million PROFESSIONAL EXPERIENCE Kaspro Services Qatar CFO/CEO 2021 to Present • Set the overall strategic direction for the company, aligning with market trends and industry best practices. • Overall responsibility for budget preparation including integration of inputs, cascading targets, and partnering across various teams. • Overall responsibility for forecasting activities ensuring cross departments’ collaboration. • Oversaw the financial health of the company, including budgeting, forecasting, and financial reporting. • Provided complete scope of financial and accounting services. Akros Financial and Global Royalty Financing Managing Director/CFO 2011 to 2022 • Led a boutique financial services and accounting firm, preparing financial statements, tax returns, and building forecast models, with a view to maximizing corporate profitability and efficiency. • Negotiated terms and conditions of operating and capital loans, provided audit scopes, and provided strategic and operational advice. • Helped formulate corporate strategy and drive top line profitability through strong financial • • • • • • management practices and golden metrics. Provided strategic guidance and insight to leadership teams regarding organizational and financial health. Supported M&A activity. Worked with business units to optimize product, and pricing strategies. Responsible for developing, implementing, and monitoring financial strategies, policies & procedures, financial systems, business analytics and reporting, accounting, internal planning and control, treasury, and taxation strategy. Helped manage key external relationships with investors, auditors, and professional consultants. Responsible for GAAP (IFRS) reporting & corporate accounting policies. Broadstreet Properties Ltd. Regional Manager 2009 to 2010 • Managed a $14 million budget, providing cost and variance analysis through accurate financialstatements and internal reports. • Review and evolve KPI reporting that provides impactful insights for decision making. Canadian Business Resource Group Director of Finance 2008 to 2009 • Managed 15 operational entities, including manufacturing, land development, research, and construction, ensuring efficient resource allocation. • Developed and implemented operational plans, handling multiple priorities in a fast-paced, deadlinedriven environment. • Provided coaching and professional development opportunities to the finance team to ensure high performance and job satisfaction. • Was a trusted advisor and supported the leadership team in making the right decision for the • • business through best-in-class financial management practices and accurate financial data. Built, implemented, and monitored enabling financial planning processes and internal controls that facilitated stronger financial acumen at all levels of leadership. Mentored and lead a talented finance team with a focus on driving growth and efficiency. Sokol Developments Chief Financial Officer 2000 to 2008 • Drove corporate growth strategy and resource development, fostering partnerships and liaising with consultants and development authorities. • Managed financial operations, including budgeting, forecasting, variance analysis, and financial reporting. • Prepared financial statements and ensured compliance with funding agreements, including timely reporting to key partners. • Provided financial oversight for audits, ensuring the proper preparation and coordination. • Collaborated with senior leadership to develop financial strategies aligned with strategic goals. • Ensured that all financial reporting requirements were accurate, complete, and submitted on time.