Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Ana Olaru

Chisinau

Summary

Finance professional with extensive experience in financial management of donor funded projects and managing financial operations of non-commercial organizations/foundations. Proven track record in optimizing processes and driving results through effective collaboration with donors and partners. Demonstrated experience in budgeting and financial reporting. Known for reliability and strong analytical skills, thinking and effective communication.

Overview

24
24
years of professional experience

Work History

Director of Finance and Administration

East Europe Foundation Moldova
06.2010 - Current

Financial Management

  • Lead all financial operations of EEF, including budgeting, accounting, re-granting, and partner oversight.
  • Ensure full compliance with donor regulations, internal financial controls, and accounting standards.
  • Prepare and present monthly, quarterly, and annual financial reports for executive management and the Board of Directors.
  • Oversee annual audits and donor project audits; coordinate with independent auditors to ensure transparency and compliance.
  • Manage cost recovery processes to optimize financial efficiency and sustainability.

Administration & Operations

  • Direct administrative, procurement, and HR functions to ensure effective and compliant operations.
  • Design and implement staff training, onboarding, and performance development initiatives.
  • Conduct internal audits of finance operations and recommend process improvements to enhance efficiency and accountability.
  • Strengthen institutional capacity by identifying skill gaps and organizing targeted training programs.

Donor & Partnership Management

  • Oversee financial and contractual management of all donor-funded projects, including budget design, implementation, and reporting.
  • Maintain proactive communication with donors, providing timely and accurate financial updates.
  • Prepare and distribute donor financial reports to senior leadership and project teams, ensuring strategic decision-making.

Finance and Administration Manager

Eurasia Foundation Moldova
03.2007 - 06.2010

Financial and Administrative Management

  • Supervise the financial and administrative staff, ensuring accurate and timely reporting to the Kyiv Regional Office.
  • Enter and manage accounting data in the SUN accounting system; prepare monthly and quarterly financial reports.
  • Develop and monitor annual operating budgets, ensuring alignment with donor requirements and organizational priorities.
  • Ensure full compliance with internal controls, grant management standards, financial and accounting policies, and local legislation.
  • Review and approve financial reports submitted by EEF partners to ensure accuracy and compliance.
  • Oversee accounting, procurement, administration, and human resources functions within the office.
  • Implement and enforce the organization’s Operating Policies and Procedures, providing regular staff training on updates and compliance measures.
  • Manage all contractual and financial aspects of donor funds, ensuring accuracy, transparency, and timely execution.
  • Oversee cost recovery for shared direct expenses (e.g., personnel, occupancy, supplies, and operational costs) across donor-funded programs.
  • Prepare and distribute detailed monthly donor financial reports to project managers and the Country Director to support informed decision-making.

NGO Support Program Coordinator

Regional Environmental Centre (REC Moldova), Tacis project
03.2004 - 02.2007
  • Program Coordination and Management
  • Provide overall coordination and strategic oversight of the NGO Support Program, including its Grants, Capacity Building, and Internship components.
  • Lead strategic planning for the Program, ensuring strong performance, financial sustainability, and alignment with organizational goals.
  • Design and write project proposals; deliver training sessions on project development methodologies, proposal writing, and financial management.
  • Provide consulting and advisory support to interns and partner organizations on budgeting, grant administration, and compliance matters.
  • Administer the grants program, preparing and submitting detailed financial and narrative reports to donors in accordance with donor and local regulatory requirements.
  • Monitor budgets and oversee timely invoicing and financial control for all project activities.
  • Review partners’ financial reports and coordinate project audits to ensure accountability and transparency.

Finance Consultant, Grants Program

REC Moldova, Tacis project
09.2001 - 03.2004
  • Financial Administration and Grants Management
  • Oversee all aspects of financial administration for NGO projects under the Centre’s Grants Program, ensuring transparency, accuracy, and accountability.
  • Prepare and submit project proposals and develop detailed, donor-compliant budgets.
  • Establish and maintain financial and budgetary reporting procedures for the Executive Director and the Board.
  • Monitor and control budgets for all projects implemented within the Grants Program, ensuring efficient resource allocation.
  • Conduct financial monitoring, evaluation, and audits of approved projects to verify compliance and performance.
  • Ensure full adherence to local legislation, organizational policies, and donor requirements across all grant-funded activities.
  • Prepare and deliver financial reports for donors, maintaining accuracy and timeliness in submissions.
  • Organize grantee (winners) meetings, provide financial guidance, and manage the contracting process with participating NGOs.

Education

Diploma - Project proposal development

DEFRA/LEAD
10.2005

Diploma - Training in Financial Management

OECD, EAP Task Force
04.2005

BA - Accounting and Audit

Academy of Economic Studies of Moldova
06.2001

BA - International Economic Relations

Academy of Economic Studies of Moldova
06.2001

Skills

  • Good command of Microsoft Office tools (Word and Excel)
  • Cost control and allocation
  • Project financial management and financial auditing
  • Sub-Grants and Consortiums administration
  • Problem-solving and attention to detail

Languages

Mother tongue: Romanian
Other language(s): Russian, English, French
Self-assessment
Russian: Speaking - Proficient user, Reading - Proficient user, Writing - Proficient user
English: Speaking - Proficient user, Reading - Proficient user, Writing - Proficient user
French: Speaking - Independent user, Reading - Independent user, Writing - Independent user

Timeline

Director of Finance and Administration

East Europe Foundation Moldova
06.2010 - Current

Finance and Administration Manager

Eurasia Foundation Moldova
03.2007 - 06.2010

NGO Support Program Coordinator

Regional Environmental Centre (REC Moldova), Tacis project
03.2004 - 02.2007

Finance Consultant, Grants Program

REC Moldova, Tacis project
09.2001 - 03.2004

BA - International Economic Relations

Academy of Economic Studies of Moldova

Diploma - Project proposal development

DEFRA/LEAD

Diploma - Training in Financial Management

OECD, EAP Task Force

BA - Accounting and Audit

Academy of Economic Studies of Moldova
Ana Olaru