Konrad Chołost
Accountant / Graphic designer
I am a creative, open-minded, goal-oriented person who loves playing puzzles and new challenges. I have over 10 years of extensive experience in accountancy including more than 3 years in direct and indirect people management. I feel comfortable both with analysing streaming of data and working in team environments. I always try to find a new method and solution to effectively solve a problem. I am known for my positive attitude which I will pass on to people around me.
Experience
Jan 2023 - Oct 2023
Accounting and Administration Senior Manager (Assistant Vice President), State Street (Cracow)
Jan 2022 - Dec 2022
leading an operational part of the PE administration (including tasks from my prior position) and acting as a subject matter expert for the Luxembourgish structures
managing a team in order to deliver high quality services
being a main contact person for operational and financial queries regarding fund industry
consulting in the area of potential growth of the team and department
participating in the directors’ meetings to support the improvements projects, boost the clients’ satisfaction and allocate human resources based on the ad-hoc needs
Accounting and Administration Manager (Officer), State Street (Luxembourg)
Sep 2021 - Dec 2021
providing an oversight of capital events, NAV calculation and investor reporting of alternative investments funds and holding companies according to the local GAAP
performing bookkeeping and review of complex fund structures
dealing with different types of financial instruments (PPNs, FX portfolio and share class hedging, bonds etc)
building up strong relationship with internal and external parties by handling ad-hoc queries
managing the team to ensure correct and effective utilisation of resources
conducting accounting trainings for internal outsourcing team
Financial Reporting Manager, Aztec Financial Services (Luxembourg)
acting as a lead accountant for various fund structures within across the private equity department
advising clients and directors in various accounting/administrating/tax/regulatory matters
supervising and assisting in the recruitment, training and development of staff and arranging and manage the appraisal process for members of staff
reviewing the bookkeeping for a range of funds, management companies and associated fund structures and all aspects of accounting matters for a limited portfolio of fund structures incorporating investor reports, statutory financial statements and ad-hoc investor queries
attending client board meetings and present quarterly financial information
managing and reviewing the completion of audit queries
acting as a higher authority on day-to-day accounting queries, support for administration and acting as 4-eyes signatory on accounting matters, ensuring that company policy and professional and regulatory guidelines are adhered to and that a professional quality service is provided to clients and outside contacts
reviewing the preparation of periodic direct and indirect tax returns, and liaise with foreign tax advisors
Jan 2020 - Aug 2021
Senior Fund Accountant, Aztec Financial Services (Luxembourg)
taking over a full responsibility for the fund structures by daily contact with clients (CFOs and finance departments), investors and third parties to solve the outstanding queries and provide the advisory services
acting as a mentor to staff, planning team’s work, performing one-to-one and team meetings including staff development and delegation of tasks
presenting the financial situation of funds/companies on the Board Meetings
leading the set-up process of new structures from the accounting side by providing expertise for new clients
completing and reviewing all aspects of accounting matters for a portfolio of fund structures, including the preparation, reconciliation and proofing of investor reports, statutory financial statements (Lux Gaap, US Gaap, IFRS), and ad-hoc investor queries
leading the audit process of funds by dealing with the completion of routine audit queries
assisting administration team by reviewing the documents, providing figures and planning of the upcoming operations in terms of the allocation of resources
dealing with the preparation and reconciliation of periodic direct and indirect tax returns
conducting technical trainings of systems to new colleagues
recruiting new employees
taking an active part in global improvement projects by performing tests and a discussion in the workgroup
Jul 2018 - Dec 2019
Fund Accountant, Aztec Financial Services (Luxembourg)
bookkeeping private equity funds, management companies and associated fund structures within the team
assisting with all aspects of accounting matters, including the preparation, reconciliation and proofing of investor reports, statutory financial statements, and ad-hoc investor queries
assisting with the completion of routine audit queries and providing with supporting documentation evidencing transactions
taking over accounting processes of an establishment of new funds, bookkeeping transactions, commitments, calls, distributions, preparing annual and quarter accounts, notices and analysis of a waterfall, preferred and equalisation interest, contributions and management fees
maintaining accurate records on eFront, FIA, SAGE, Viareport and Microsoft Excel working paper schedules for all aspects of bookkeeping
assisting in the preparation and reconciliation of periodic direct and indirect tax return
EXPERIENCE (cont.)
Apr 2015 – Jun 2018
Accountant, Getinge Shared Service Center (Cracow, Poland)
daily contact in English and German with vendors, banks and colleagues from different departments
team leader support including team management and assisting in planning of the team
responsible for month-end closing, posting GL journals in SAP, deferred tax, payroll, currency revaluation and accruals, opening and closing periods, bank postings, assets acquisitions, running depreciation
full reporting and a reconciliation of accounts in Cognos, proposing adjustments, explaining figures to CFO
end-to-end AP process plus processing vendor payment runs, direct debits, travel expenses and manual payments, intercompany accounting (including netting process and sales of currencies)
Intrastat reporting
factoring postings and weekly preparation of report of open invoices, daily contact with the factoring bank
participation in migration of the Danish (Arjohuntleigh AS, October-November 2015, Lynge) and German entity (Arjohuntleigh GmbH, May-June 2015, Mainz Kastel)
handling disputes, solving problems, investigating open items, performing KPIs
Aug 2013 – Mar 2015
Accountant Associate, Shell Business Operations (Cracow, Poland)
bookkeeping bank transactions of Shell entities (SAP, SUN, Advanced Excel)
daily contact with banks, business and other departments of Shell group
preparation of daily, weekly and monthly reconciliation files
participation in numerous Shell global projects for treasury department e.g. implementation of autoposting statements, standardization of monthly reconciliations, improvement of ERP systems within the center (SUN system)
organizing global conferences for Treasury department as a host
Education
2016 - now
Association of Chartered Certified Accountants (ACCA)
F9 – Financial Management
F8 – Audit and Assurance
F7 – Financial Reporting
F6 – Taxation
F5 – Performance Management
F4 – Corporate and Business Law
F3 – Financial Accounting
F2 – Management Accounting
F1 – Accountant in Business
2012 - 2014
Master’s Degree (Finance and Accounting), University of Economics (Cracow, Poland)
Mar - Jul 2013
Business Studies (Erasmus Student Exchange Program), Fachhochschule Bielefeld (Germany)
2009 – 2012
Bachelor’s Degree (Economy and Public Administration), University of Economics (Cracow, Poland)
2008 - 2011
Bachelor’s Degree (Economics), Jagiellonian University (Cracow, Poland)
Languages
Skills
- Fund Controlling
- Fund Accounting and Administration
- Private Equity
- Financial Reporting
- Alternative Investments
- Managing Team and Operations
- Investment Funds
Interests
- Psychology of communication
- Leading and motivating people
- Graphic design
- Global economy
- Web Design - WordPress
- Computer graphics
- Bachata dance
- Sport activities
My Services
Accounting
I have huge experience and strong background in international accounting. I am familiar with many ERP systems. I will advise you how to deal with your calculations and manage your books.
Leadership
Tell me about your problems in leading your team or change management. We will face them together and find best solutions.
Web design
Do you like my web page? Do you want a similar one? Boost your business through a wonderful website.