Eduard Kim

IFRS Specialist, successfully contributing to the quality of work. Skilled at preparation of financial reports in accordance with IFRS. Experienced team player who displays outstanding knowledge and practical expertise to achieve results.

June 2021 to Current

IFRS Specialist - Golden House Property Group - Construction, Tashkent, Uzbekistan

• Participation in preparation of financial statement in accordance with International Financial Reporting Standards (IFRS) – IFRS 1 «First-time Adoption of International Financial Reporting Standards»;
• IFRS 15 adoption: Revenue recognition (Recognition of Revenue considering the specifity of construction industry);
• Balance sheet, P&L, Cash flow statement; Equity statement collection;
• Filling data collection package for Holding;
• Calculation of Provision for doubtful debts for Trade receivables in accordance with IFRS 9;
• Discounting of Borrowings and Loans receivables in accordance with IFRS 9;
• Elimination of Intercompany operations using Checkboard schedule in accordance with IFRS 10;
• Calculation of Foreign exchange losses/gains in accordance with IAS 21;
• Interaction with External auditors from Big 4.

Audit Assistant, Specialist - Ernst & Young – Audit (Oil&Gas), Tashkent, Uzbekistan 

• Participation in audit of the company with more than 200 subsidiaries – more than 1,5-year experience in Oil and Gas;
• IFRS procedures related to transformation of financial report from National Accounting Standards to International Financial Report Standards;
• Consolidated procedures with PPE (Property, plant and equipment), Trade receivables, Trade payables, Revenue, COS and others – preparation of disclosures for financial statement;
• Balance sheet, P&L, Cash flow statement; Equity statement collection;
• Calculation of provision for Trade receivables (ECL (expected credit losses)) – calculation of internal coefficient Probability of Default in accordance with IFRS 9;
• Analysis of financial covenants for borrowings (such as EBITDA, ...) in accordance with IAS 1.

Junior Assistant to the Auditor – Ernst & Young, Tashkent, Uzbekistan

• Inventory stocktaking;
• IFRS audit procedures (cut-off, comparative analysis, 3-way correlation analysis), with account receivables, account payables, PPE, Cost of Sales, Revenue, G&A and others;
• Preparation of SCOTs (Significant class of transactions - narratives, ...) – describe how the process is working;
• Payroll analysis – Calculation of UVR (Unused vacation reserve); Calculation of Taxes (such as Excise tax, VAT, etc.);
• Account analysis - PPE (PPE Rollforward), Cost of Sales (Gross margin analysis), Revenue (factor analysis or price-volume analysis), G&A (monthly analytics) and others.

May 2019 – July 2019

Ministry of Foreign Affairs of The Republic of Uzbekistan (Department for Attraction of Foreign Investments, Financial and Technical Assistance) - public sphere;

• Analysis of investment projects implemented in the Republic of Uzbekistan;
• Assistance in the organization of the International Investment Forum 2019 held in Navoi;
• Discussion and analysis of investment policy of The Republic of Korea based on qualification work.

The University of World Economy and Diplomacy, Tashkent

Bachelor's degree with honors - World Economy and International Economic Relations (September 2015 – June 2019).

Average grade: 87 out of 100 (Diploma with honors)

Thesis in “The inflow of Foreign Direct Investment in Uzbekistan as significant determinant of improving the competitiveness of national economy (Based on the experience of The Republic of Korea)” published in "Экономическое обозрение" №8 (236) in 2019.