Modesta Masoit
CFO/ Head Of Finance
Vilnius
Summary
Results-oriented Web3 Finance executive with the following expertise:
-15+ year of experience in Finance field in 3 industries: Web3, aviation and transportation;
-Treasury and liquidity management in both centralized and decentralized organizations'
-Funding rounds experience
-Participation in a two token launches; supported via various perspectives
-Finance executive who's opinion matters: quoted by Forbes, Reuters, Fortune, Yahoo Finance and many others.
https://www.forbes.com/sites/ninabambysheva/2021/12/23/nfts-generated-over-23-billion-in-trading-volume-in-2021/?sh=1fd51ad25f0a
https://www.reuters.com/technology/cryptoverse-nft-bubble-gets-that-shrinking-feeling-2022-04-05/
Overview
13
13
years of professional experience
2
2
years of post-secondary education
Work History
CFO
JPG Store
12.2022 - Current
- Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
- Enhanced cash flow management through the development of robust forecasting models, ensuring optimal liquidity for business operations.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within the organization.
- Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.
- Collaborated cross-functionally with other departments to drive process improvements that positively impacted bottom-line results.
- Evaluated investment opportunities diligently, contributing to informed decisions regarding potential projects and their expected returns.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
- Oversaw business-wide changes to modernize procedures and organization.
CFO/ Head of Finance
DappRadar
8 2019 - 11.2022
- Developed of financial strategy for traditional and Crypto/DAO finance side.
- Ensured liquidity between FIAT vs Crypto.
- Oversaw yearly budgets.
- Implemented and improved cash flow, and building cash reserves to control costs and enhance benefits.
- Identified potential financial, legal, and tax risks for company.
- Directed budget development, budgetary controls, and recordkeeping to make informed financial decisions.
- Helping to formulate crypto treasury strategy and advised Management accordingly.
- Participation in Fundraising.
Head of Research
DappRadar
08.2019 - 05.2022
- Established blockchain research team
- Increased traffic to DappRadar site
- Designed industry reports that became a brand Dapp industry reports across the industry
- Built metrics for DeFi, NFTs and Games KPI's
- Suggested new products and its development
Head of Finance and Administration
Helisota UAB
05.2014 - 07.2019
- Managed team of 12 employees.
- Supported operations management, sales and marketing efforts to increase revenue and overall financial health.
- Treasury process implementation, accounts payable, and receivables management.
- Budget, forecast process implementation, and coordination.
- Participation in strategic planning.
- Established risk management process.
- Implementation of Internal Controls.
- Coordination of financial audit.
- Project management of MRO, Manufacturing, and Logistics Software (Quantum).
- Managed Debt-based fundraising.
Management Accountant, Baltics
TNT UAB
06.2011 - 05.2014
- Established weekly, monthly reporting and performance evaluation for Lithuania, Latvia and Estonia entities
- Monitored company sales, spending and budgets.
- Divisional margin calculation, analysis and results submission to European regional office and local managers
- Participation in Costs modeling process and costs analysis
- Tools delivery and reports consolidation
Education
Master of Science - International Business Management
Vilnius University
Vilnius 09.2011 - 05.2013
Skills
- Corporation finance regulation proficiency
Strong administrative proficiency
Analytical and Strategical thinking
Timeline
CFO
JPG Store
12.2022 - Current
Head of Research
DappRadar
08.2019 - 05.2022
Head of Finance and Administration
Helisota UAB
05.2014 - 07.2019
Master of Science - International Business Management
Vilnius University
09.2011 - 05.2013
Management Accountant, Baltics
TNT UAB
06.2011 - 05.2014
CFO/ Head of Finance
DappRadar
8 2019 - 11.2022
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