Summary
Overview
Work History
Education
Skills
Accomplishments
Extra-curricular activities
Internships
Languages
Timeline
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Milan D. Erdos

Berlin

Summary

Dynamic finance executive with a proven track record of scaling VC-backed startups in SaaS and gaming industries from Series A to Unicorn stage. Expertise in driving strategic financial planning, fundraising, and operational efficiency. Trusted leader with experience in managing $40M+ funding rounds, building high-performing teams, efficiently managing large cash balances and implementing financial systems that support rapid growth. Fluent in investor relations, international finance, and SaaS metrics. Currently pursuing advanced finance studies at HEC Paris to deepen expertise in strategic finance.

Overview

10
10
years of professional experience

Work History

VP Finance

Klang Games
11.2024 - Current
  • Leading a company-wide initiative for building out a fully automated Order-to-Cash toolstack (order management, billing, payment processing, tax filing, revenue reporting and ERP integration
  • Led the initiative to define SEED’s monetization plan, pricing strategy, and go to market plan
  • Gaming, AI
  • Within the Executive Team, the main owner for Financial decisions, forecasting and planning efforts

Finance Director / Head of Finance

Klang Games
02.2020 - 11.2024
  • Led the evaluation, selection and implementation process of the Workday ERP suite (Accounting, HR, Planning, Reporting) for2 entities
  • Hit all related go-live deadlines and budget targets
  • Led the transition from external to in-house accounting for two legal entities
  • Day-5 MEC deadlines delivered
  • Led the incorporation of a new entity in Spain (accounting, consolidation, payroll and tax setup)
  • Built a diversified treasury setup, launched a cash management strategy that improved the runway by1 month
  • Designed and rolled out a company-wide, universal Virtual Share Program to all employee tiers
  • Was the main internal stakeholder on a complex, $41M Series C deal liaising between the CEO, the investors and the legal teams of26 parties, from term sheet until notarization and onboarding new shareholders
  • Regularly preparing board materials, presentations, board resolutions, presenting in board meetings
  • Owning the monthly and quarterly reporting to26 shareholders, built trusting relationships with investors
  • Set up a budgeting process and led4 annual planning rounds
  • Defined targets with department heads
  • Set up a monthly check-in cadence with all Heads and Executives, actively managing budgets, hiring, KPIs
  • Built numerous financial models, forecasts and monetization strategies for the game SEED
  • Implemented an annual comp review process and salary bands, using market benchmark data
  • Led an efficiency initiative and extended the forecasted runway by12 months, improved burn per FTE by20%
  • Created an extensive internal policy framework, passed multiple external and state audits
  • Owned all Legal topics for3 years (corporate, compliance, tax, trademarks, IP), worked with external counsels
  • Acted as functional lead for People Operations (payroll, contracts, labor law), Recruiting (process design, approvals) and Office (hybrid workplace switch during COVID) during a restructuring
  • Gaming, AI
  • Working closely with the Executive Team while scaling Klang from40 to120 FTEs, owning all financial domains
  • Was the main internal stakeholder during a complex, $41M Series C deal
  • Built a lean, high-performing Finance team of5 from scratch, across Accounting, FP&A and Business Systems

Finance Business Partner

Contentful
09.2018 - 02.2020
  • Set up a monthly check-in cadence with senior management in Berlin and San Francisco - budget vs actuals reviews, monthly re-forecasting, built various dashboards, forecasts and models
  • Acted as a bridge between Accounting and FP&A, improved booking and reporting accuracy
  • Worked on the2019 and2020 annual budget planning with the CFO and the Senior Management Team
  • Worked on a Netsuite rollout, owned the set up of departmental reports and budgets in the new ERP
  • B2B SaaS
  • Supported Senior Management in Berlin and San Francisco with monthly check-ins and reporting during the global scaleup phase, growing from160 to500 FTEs, ARR growth:100%

Finance Manager

Contentful
06.2017 - 09.2018
  • Supervised the accounting for the German and the US entity, produced consolidated closings, worked with external accountants and tax advisors
  • Monthly reporting of consolidated financials to the CFO and the CEO
  • Managed the annual closing2016 and2017 and was the main point of contact for our auditors
  • Full ownership of the month-end closing processes (billing, payments, AP, collections, reporting)
  • Built a precise revenue recognition model for subscription revenue and large annual contracts
  • Implemented an automated dunning process and collections reporting, improved DSO by30 days
  • Managed3 working students
  • B2B SaaS
  • Full responsibility for finance ops at Contentful, interfaced with Fortune-500 customers, coordinated annual closing and audit for a German and a US entity, FTE growth:100 to160, ARR growth:100%

Junior Operations Manager

Contentful
06.2016 - 06.2017
  • Preparatory accounting during month-end-close (AR, AP, expenses) various operational tasks
  • Billing, payments, dunning, customer-facing requests
  • Maintained our O2C tools (Zuora, Stripe, VAT process)
  • B2B SaaS
  • Day-to-day management of finance operations, process improvements, preparatory accounting during early scaleup phase
  • FTE growth:50 to100, ARR growth:200%

Operations Manager

Delivery Hero (Valk Fleet)
12.2015 - 04.2016
  • People management – hired and led the complete driver fleet of Berlin,80 employees at peak,4 team leads
  • Developed a capacity planning and driver scheduling Excel model, improved productivity of Berlin fleet by50%
  • Operations Director rolled out these process improvements in other locations in Germany and the UK
  • Food Delivery
  • Hired and structured a fleet of80 drivers in Berlin
  • In-house food logistics operations design for Berlin,50% productivity improvement
  • BH stopped funding this project pre-IPO

Transport Manager

LKW Walter
05.2015 - 12.2015
  • Logistics

Education

Executive MSc in Finance -

HEC Paris
06.2026

MSc Business Administration - undefined

Universität Passau & Corvinus University of Budapest
05.2015

Erasmus exchange semester - undefined

NEOMA Business School
12.2013

BA International Business - undefined

Corvinus University of Budapest
12.2011

Skills

  • Fundraising & Investor Relations
  • Scaling Financial Operations
  • SaaS Metrics Optimization
  • Strategic Cost Efficiency
  • ERP & Automation Leadership

  • Monetization Strategy
  • English
  • German
  • French
  • Hungarian

Accomplishments

  • Fundraising & Investor Relations: Led internal processes for a $41M Series C funding round, managing stakeholders across 26 parties and liaising directly with investors, legal teams, and the CEO. Built long-term relationships with shareholders, ensuring trust through robust reporting and board presentations.
  • Scaling Financial Operations: Directed finance teams during rapid growth phases, scaling Klang Games from 40 to 120 FTEs and Contentful from 160 to 300 FTEs. Established scalable processes for FP&A, accounting, and compliance.
  • SaaS Metrics Optimization: Improved DSO by 30 days at Contentful and launched data-driven budgeting and KPI processes, supporting 100% ARR growth across multiple years.
  • Strategic Cost Efficiency: Spearheaded initiatives at Klang Games that extended runway by 12 months and improved burn per FTE by 20%. Designed treasury and cash management strategies that unlocked an additional month of liquidity.
  • ERP & Automation Leadership: Led Workday ERP implementation for finance, HR, and planning systems across two entities. Oversaw automation of Order-to-Cash processes, integrating billing, payment, and revenue reporting systems.
  • Monetization Strategy: Defined pricing, monetization, and go-to-market strategies for a gaming product at Klang Games, aligning with long-term growth objectives.

Extra-curricular activities

Winner: Press Prize 5 Euro Business Contest Bildungswerk der Bayerischen Wirtschaft e. V., July2014, Universität Passau Université Sorbonne Nouvelle Paris, France Certificat commun Sep.2010 – Jun.2011 Partnership on a series of lectures: Questions d'actualité autour de l' Europe contemporaine WeLoveBudapest.com Editor, founding member Mar.2009 – Dec.2011 Budapest, Hungary Online Media First experience in a startup during BA studies. Worked with founders on building the number-one online media outlet about Budapest.

Internships

  • FleishmanHillard
  • Intern - PR Consulting
  • Feb.2013 – Jul.2013
  • Budapest, Hungary
  • PR Consulting
  • Worked with Fortune500 brands, global FMCG companies, car manufacturers and lifestyle products.
  • Drafted press releases, PR articles, organized events (store openings, forums, roundtable talks etc.).
  • Analyzed market research data, worked on client presentations (project and performance reports, PR plans).
  • Ernst and Young
  • Intern - Advisory
  • Jan.2012 - Jun.2012
  • Advisory Services
  • Improvement of the internal audit process of the Hungarian National Development Agency and the cooperating project leader companies
  • Audited projects funded by the EU's Structural and Cohesion Funds, supported client interviews.
  • Collected and analyzed data in Excel, assisted senior colleagues during meetings, prepared charts, tables for further use in presentations, reports and papers.
  • Consulting a global insurance company on launching a private medical insurance product in Hungary
  • Evaluated the opportunities in the Hungarian private medical market, analyzed countrywide data
  • Collected data on medical service providers, analyzed their market share, client base, best practices

Languages

English
Bilingual or Proficient (C2)
German
Advanced (C1)
French
Upper intermediate (B2)
Hungarian
Bilingual or Proficient (C2)

Timeline

VP Finance

Klang Games
11.2024 - Current

Finance Director / Head of Finance

Klang Games
02.2020 - 11.2024

Finance Business Partner

Contentful
09.2018 - 02.2020

Finance Manager

Contentful
06.2017 - 09.2018

Junior Operations Manager

Contentful
06.2016 - 06.2017

Operations Manager

Delivery Hero (Valk Fleet)
12.2015 - 04.2016

Transport Manager

LKW Walter
05.2015 - 12.2015

MSc Business Administration - undefined

Universität Passau & Corvinus University of Budapest

Erasmus exchange semester - undefined

NEOMA Business School

BA International Business - undefined

Corvinus University of Budapest

Executive MSc in Finance -

HEC Paris
Milan D. Erdos