Summary
Overview
Work History
Education
Skills
Interests
Timeline
Generic

Micha Low

Chief Financial Officer
Limassol

Summary

Financial executive with 15+ years (including 6 year's as a CFO) of experience in leading a broad range of Statutory Accounting, Management Accounting, Financial Planning & Analysis, Business Operations and Strategies; with specialized focus in management finance, planning forecast and budget processes and development of new financial reporting standards. Serving as subject matter expert on key financial analysis, implementing operational solutions to propel corporate profitability and partnering with executive leadership to drive business strategies and results.

Overview

23
23
years of professional experience
5
5
years of post-secondary education
3
3
Languages

Work History

Chief Financial Officer and Member of the Board

AdTech Holding Ltd
Limassol
03.2023 - Current
  • Member of the Board and part of Company's operational strategic decisions.
  • Supervising a team of 25 employees, (Accounting, Payroll, Finance Operation, Treasury, FP&A and Risk & Compliance).
  • Structuring the Company's Group Tax planning and Optimization programs based on New IP and Transfer Pricing between our multiple jurisdictions.
  • Creating, planning, and implementing policies and procedures to increase productivity and maximize return on investments.
  • Conducting detailed analysis of company financial information and oversaw preparation of related reports.
  • Leading the budget development, creation of budgetary controls and recordkeeping systems and investment management.
  • Overseeing deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
  • Managing and leading direct reports to handle controllership, treasury and corporate finance functions.
  • Advising other executive leaders on strategies and intelligence to form relationships, understand current performance and set agenda for execution.
  • Conducting detailed analysis of company financial information to drive internal and external financial reporting, stewardship of company assets and ownership of cash management.
  • Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
  • Setting and monitoring effective financial policies to analyze company financial strengths and weaknesses to propose corrective actions.
  • Leading and strengthening the Company's payment infrastructure Globally.

Chief Financial Officer

Praxis Tech Ltd
Limassol
04.2019 - 03.2023
  • Closely collaborated with company Directors to guide the company through its planned company strategies, growth initiatives and targeted profitability.
  • Overseeing the Financial Operation in terms of Accounting, Treasury and Payroll.
  • Prepared and implemented process improvements in compliance with pre- determined budgeting and performance metrics.
  • Monitored industry trends and developments; anticipate risks and ensures proper controls and courses of action are in place throughout the organization.
  • Analyzed and presented financial reports in accurate and timely manner to the company's founders, executives and stakeholders.
  • Developed and improved business processes to evaluate company-wide financial effectiveness for the purpose of achieving better transparency, accurate reporting, and identification of cost-saving parameters.
  • Member of the Company Leadership Team and supervised 5 employees.

Business oriented Financial Manager

Nordics
01.2007 - 10.2018

Avanade Sweden + a joint venture Microsoft/Accenture

1) Annual/Quarterly/Monthly Profit & Loss Management:

  • In depth analysis and reporting of financial results and forecasts.
  • Analysis of performance KPI´s (Resource utilization, Cost to serve, Operating Income).
  • Designed and managed quarterly revenue recognition methodology, procedures, and scorecard reporting packages to internal stakeholders
  • Created tools and metric/profitability reporting to allow leadership effective review and decision.
  • Key resource in quarterly and annual forecasting processes.
  • Significant • ad hoc analysis.

2) Annual P&L Budgeting process management as per Corporate guidelines and regional targets:

  • Prepared and executed the annual budget.
  • Organized and implemented budget procedures which lead to profit-maximization and overall better performance.
  • Strategize to improve overall company performance.

3) US GAAP and Management Profit & Loss monthly closure management:

  • Produced monthly, quarterly, annual financial and month-end reporting.
  • Managed financial close processes and procedures ensuring timely monthly, quarterly, year-end close processing as per company policy.
  • Prepared and presented financial reports to Area and Regional Financial Directors.

4) Interaction with Leadership and various Functional areas to manage budgets and accurately forecast functional spending:

  • Process owner for all revenue and profitability analysis and provide corresponding guidance to leadership.
  • Reviewed and managed processes impacting cost elements in coordination with Regional leadership teams.

5) Statutory Accounting:

  • Prepared the annual report for one entity.
  • Reconciled balance sheet accounts and maintained appropriate accruals.
  • USGAAP and Local GAAP as per company compliance.

6) Member of the Norwegian and Swedish Company Leadership Team. Also periodically acted as the Nordic CFO in absence of the regular CFO.

Financial Business Advisor and Accountant

Micha Consulting Ltd
01.2001 - 01.2014
  • Review Profit & Loss and Balance sheets accounts on a regular basis to ensure compliance with internal and external policies, guidelines, rules, and regulations.
  • Creating quarterly and yearly financial performance reports for clients.
  • Assist clients in making informed decisions.
  • Advise clients when financial situations drastically changes to better reposition their assets into higher earning possibilities.
  • In-depth analysis of clients' financial circumstances and future goals.

Finance Accounting Specialist

Kuoni Scandinavia / Apollo Travel AB
06.2004 - 09.2007
  • Monthly/Quarterly reporting of Profit & Loss and Balance Sheet.
  • Prepared Financial Statements & Annual Accounts.
  • Group accounting and consolidation of accounts on a central level.
  • Forecasting and Budget analysis.
  • Cash Flow Reporting.
  • Projects Development of new finance processes with assisting business tools.

Education

MBA - Business Administration With Accounting Emphasis

Stockholm University
Stockholm
08.2003 - 06.2005

BBA - Business Administration With Accounting Emphasis.

University College Södertörn
Stockholm
01.2001 - 05.2003

Diploma in Business Economics - General Economics

Påhlmans Trade Institute
Stockholm
01.2000 - 12.2000

Skills

Financial planning

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Interests

Family

Sports - favorites are Soccer and Ice hockey

Travel

Timeline

Chief Financial Officer and Member of the Board

AdTech Holding Ltd
03.2023 - Current

Chief Financial Officer

Praxis Tech Ltd
04.2019 - 03.2023

Business oriented Financial Manager

Nordics
01.2007 - 10.2018

Finance Accounting Specialist

Kuoni Scandinavia / Apollo Travel AB
06.2004 - 09.2007

MBA - Business Administration With Accounting Emphasis

Stockholm University
08.2003 - 06.2005

BBA - Business Administration With Accounting Emphasis.

University College Södertörn
01.2001 - 05.2003

Financial Business Advisor and Accountant

Micha Consulting Ltd
01.2001 - 01.2014

Diploma in Business Economics - General Economics

Påhlmans Trade Institute
01.2000 - 12.2000
Micha LowChief Financial Officer