Closing the Financial Year: Key Banking and Financial Considerations in Russia

12 December | 10:30 - 12:00 (GMT+3) | 8:30 - 10:00 (CEST) | SCHNEIDER GROUP Moscow, House of German Economy, 1-y Kazachiy per. 7 and online
Event type: Hybrid

Registration is over.
Language: English

About the event

The banking and financial landscape in Russia has become increasingly complex, with the international banking environment continuing to experience shifts in regulations, influenced by both sanctions and compliance matters. The withdrawal of international banks from the Russian market has led to increased uncertainties for companies operating in the region, particularly regarding service accessibility and operational stability.

Join us at our upcoming event, where SCHNEIDER GROUP experts will provide invaluable insights into these shifts in the banking landscape, with a special focus on their implications for year-end financial activities. Our discussions will cover:

  • Current currency control limitations and their impact on financial planning.

  • Challenges and risks associated with year-end financial activities.

  • Key tax considerations which companies should be aware of as they finalize their accounts for the fiscal year.

10:00-10:30

Registration and welcome coffee

10:30-12:00

Closing the Financial Year: Key Banking and Financial Considerations in Russia

  • Current Dynamics of the Russian Banking Landscape: Recent Development

  • Key Banking and Financial Issues for Year-End Closing

  • Currency Control Limitations and Tax Implications

  • Q&A

12:00-12:30

Networking for onsite participants

About speakers

Valeriy Getmanenko
Senior Tax Associate, SCHNEIDER GROUP Moscow
Valeriy joined SCHNEIDER GROUP in 2023 as a Senior Tax Associate, bringing over 20 years of practical experience in the tax law field. With advanced degrees in law and economics from Russian and American universities, including Lomonosov Moscow State University (Law), MGIMO (International Economics) and Brigham Young University (USA) (Juris Doctor), Valeriy worked for 15 years at Baker&McKenzie in Russia as Senior Tax Associate.

His expertise includes, among other, a broad range of tax law areas: tax planning, structuring and optimization, tax compliance, international taxation, as well as currency regulation and control planning and compliance.

He speaks Russian and English languages.
Alexander Shalamov
Interim Management Team Lead, SCHNEIDER GROUP Moscow

Alexander joined SCHNEIDER GROUP in 2014. With 8 years of experience, he leads complex interim management projects as a temporary/permanent general director, branch director, or head of a representative office for international companies.

Alexander possesses a proven record in diverse industries, including machinery, construction, chemicals, pharmaceuticals, food, agriculture, fashion, and IT. His core competencies lie in project implementation, coordination, planning, risk assessment, and stakeholder communication.

Alexander holds a university degree in economics with a specialization in the foreign activities of enterprises, complemented by a Master's degree in international business from St. Petersburg State University. His professional expertise is further strengthened by certifications in project management, IT service management, and project governance.

Alexander is fluent in Russian and English.
Elena Nazarova
Internal Controls Team Lead, SCHNEIDER GROUP Moscow
Elena joined the company in 2007 as accountant, responsible for payroll calculation, statutory and tax accounting for the SCHNEIDER GROUP clients. She has in-depth knowledge in internal policies and compliance, accounting and tax, and specialises in accounting methodology. Elena has more than 10 years of professional experience.

Elena has been working in SCHNEIDER GROUP's internal controls department for more than 7 years. She is involved in projects on internal audit, development and improvement of internal policies and procedures; business process efficiency review and optimization, both for the SCHNEIDER GROUP own needs and for company’s clients.

Elena is a certified specialist in Economics and Business Administration, an expert in International Financial Reporting (DipIFR RUS) and a member of the Institute of Internal Auditors. Elena is a certified professional accountant by the Institute of Professional Accountants of Russia. She is currently enrolled as a student in the Association of Chartered Certified Accountants (ACCA).
Julia Cherenkova
Finance & Accounting Director, SCHNEIDER GROUP Moscow

Julia joined the company in 2007 as accounting assistant and has worked her way up to the position of finance & accounting director, leading a team of 25 accountants. She supervises internal projects on development of add-ons for 1C systems to automate routine accounting tasks and operations.

Julia is a regular trainer at SCHNEIDER GROUP’s internal Starsacademy, conducting workshops for accountants and the author of internal standards for preparation of management reporting and transformation of reporting according to Russian accounting standards (RAS) into management reporting according to client’s requirements. 

Julia graduated with an honours degree in Accounting, Analysis and Audit from the Academy of Budget and Treasury of the Ministry of Finance of the Russian Federation (merged with Financial University under the Government of the Russian Federation in 2012) and holds a diploma in International Financial Reporting from the Association of Chartered Certified Accountants (ACCA) in Russian (DipIFR (Rus)).

ONLINE EVENT
07/04/2026
Navigating Change: Business, Logistics, and Economic Outlook in the UAE
At our online event, you will learn practical insights on doing business in the UAE in 2026 and we will discuss how global and regional developments are opening new pathways for success in Dubai and across the GCC.
VIENNA
19/02/2026
Mastering Russia's 2026 Business Realities: Practical Insights
Join an expert discussion in Vienna on how businesses can effectively work with Russia in 2026, navigating the new political and regulatory realities.
FRANKFURT
18/02/2026
Mastering Russia's 2026 Business Realities: Practical Insights
Join an expert discussion in Frankfurt on how businesses can effectively work with Russia in 2026, navigating the new political and regulatory realities.
AZERBAIJAN
09/12/2025
Azerbaijan: Unlocking Market Potential
At our event, you will learn how to effectively expand your business in the CIS and Central Asia by leveraging the opportunities of these fast-growing markets.