Alexandru Trasca

• Spearheaded annual and project-specific budgeting cycles for EPC projects, ensuring financial accuracy and strategic alignment.
• Developed rolling forecasts that effectively projected project costs, revenue, cash flow, and margin performance, enhancing financial visibility.
• Validated critical assumptions regarding material costs, subcontractor pricing, manpower, equipment, and logistics to mitigate financial risks.
• Ensured project budgets were in strict alignment with contract terms, BOQs, and execution schedules, fostering operational efficiency.
• Constructed and maintained comprehensive project financial models, including Cost-to-Complete (CTC), Earned Value Analysis (EVA), and cash flow projections, driving informed decision-making.

• Directed the complete lifecycle of high-budget Turnkey Projects, enhancing project efficiency from pre-bid to post-award phases.
• Led comprehensive budget preparation, forecasting, and financial reporting, ensuring precision and adherence to corporate standards.
• Streamlined expense tracking processes and executed cost-saving initiatives, significantly optimizing project budget management.
• Cultivated robust relationships with clients, subcontractors, and suppliers, strengthening business partnerships and collaboration.
• Oversaw all contractual elements, successfully negotiating favorable terms to maximize project profitability and minimize risks.
• Demonstrated a strong commitment to financial integrity and compliance, driving organizational success through effective financial management.

• Led multi-million USD Turnkey Projects from pre-bid to post-award phases, ensuring on-time and cost-effective delivery.
• Prepared and maintained financial forecasts and reports, ensuring accuracy and compliance with company standards.
• Directed procurement and commercial processes, establishing clear objectives and implementing effective risk mitigation strategies.
• Negotiated, drafted, and managed contracts to optimize terms and enhance company profitability.
• Analyzed and compared supplier quotes to secure competitive pricing and favorable terms, contributing to cost savings.
• Developed strong cross-functional relationships to enhance collaboration and drive financial performance.
• Leveraged financial acumen to support strategic decision-making and improve overall project outcomes.

• Oversaw procurement and commercial operations for EPC power and infrastructure projects, driving efficiency and cost-effectiveness.
• Ensured adherence to contractual requirements, enhancing supplier performance and project delivery timelines.
• Managed contractor and supplier agreements, guaranteeing compliance with terms and conditions while mitigating risks.
• Negotiated advantageous terms with vendors and subcontractors, resulting in substantial cost savings and improved profit margins.
• Collaborated with cross-functional teams to align financial strategies with procurement activities, supporting overall business objectives.
• Developed financial reports and analyses to inform decision-making and optimize resource allocation within procurement operations.

• Supported project finance and commercial operations for EPC and infrastructure projects, enhancing financial accuracy and vendor management.
• Optimized project cash flow through effective management of accounts receivable and payable, ensuring timely collections and payments.
• Achieved accurate reconciliation of bank accounts, contributing to strong financial controls.
• Collaborated with department heads to develop annual budgets, aligning resource allocation with strategic goals.
• Implemented robust financial reporting processes, improving transparency and decision-making.
• Fostered relationships with vendors to negotiate favorable terms and enhance procurement efficiency.
• Streamlined contract administration processes, ensuring compliance and mitigating risks.

• Led comprehensive project accounting functions for EPC construction initiatives, ensuring precise documentation of costs, revenues, and financial transactions.
• Developed and oversaw project budgets, cost reports, and financial forecasts in collaboration with project managers and commercial teams to drive financial performance.
• Monitored and analyzed project expenditures, commitments, and cost allocations for materials, labor, subcontractors, and equipment, enhancing cost efficiency.
• Contributed to the preparation of Interim Payment Certificates (IPCs), facilitating timely cash flow management and financial reporting.
• Enhanced financial controls and reporting processes, supporting strategic decision-making and operational excellence across projects.

• Conducted monthly bank reconciliations to pinpoint discrepancies, enhancing accuracy in financial reporting.
• Created and recorded journal entries, ensuring meticulous data entry into financial systems.
• Generated and submitted invoices in alignment with accounts receivable schedules, improving cash flow management.
• Streamlined accounts payable processes by validating vendor invoices against purchase orders and contracts, boosting operational efficiency.
• Collaborated in the preparation of monthly financial statements, contributing to strategic financial planning and analysis.
• Leveraged analytical skills to support financial decision-making and optimize budget management.
• Fostered effective communication with stakeholders to enhance financial transparency and accountability.