Deloitte Romania announces Madeline Alexander as Audit and Enterprise Risk Services (ERS) Partner in Charge

On the background of a steadily growing audit practice, Deloitte Romania announces a new Audit and ERS leader, with Madeline Alexander taking the helm after 11 years of performance and successful management within the firm.

Alexander joined Deloitte in Romania as a Partner in 2002. She has over 20 years of experience and an international career that started in 1991 with another major professional services firm in the United States. At that time, she was responsible for overseeing multi-skilled audit teams and managing the profitability of various engagements, compiling and analyzing financial information to prepare financial reviews, US GAAP financial statements and analysis for IPOs.

With Romanian origins, she transferred to Romania in 1997 to provide support to national and international companies in need of audit and financial reporting advice. Given her language skills and expertise, Mrs. Alexander was one of the pioneers in implementing the International Accounting Standards (IAS), as part of the team that has worked closely with the Ministry of Finance and led the review of internal control procedures and transformation of Romanian statutory accounts to IAS.

She has a Bachelor degree in Accounting from the Florida International University, Miami, and extensive experience in US GAAP, IFRS and Romanian GAAP.

Madeline Alexander has also led the efforts between the Ministry of Finance and the business community to draft and finalize the “Fiscal Code for 2003” as well as the “Procedural Code” to be implemented in Romania. Over the years, she has been responsible for international audits and technical advice to different local, greenfield operations as well as foreign subsidiaries operating in Central and Eastern Europe mostly in the Manufacturing, Distribution, Pharmaceutical and Consumer Business industries.

As leader of the Deloitte Public Sector Industry team, Mrs. Alexander has successfully built the firm’s reputation as a trustworthy and professional auditor for state-owned companies and governmental institutions.

She has also been extensively involved in the business community through several business associations. She was the Treasurer and Director of the Board of the American Chamber in Romania, for three years, and in 2004 she was the personal adviser to the Minister of Finance in Romania on tax, accounting issues and business relationship with the international business community. She is also member of the American Institute of Certified Public Accountants, member of the Georgia Institute of Certified Public Accountants, member of the Romanian Chamber of Financial Auditors, member of the Romanian Chartered Accountants Association, member of the Romanian Chartered Accountants for Publicly Held Companies.

During her eleven years as partner, Madeline has proven to be an excellent manager, business developer and strategist. She had a significant contribution to the growth of our practice, especially in recent years when economic circumstances have put everybody’s managerial and business skills to the test. I have great confidence that her role will be essential on our way of becoming the number 1 professional services Firm in the region

Ahmed Hassan

Managing Partner Deloitte Romania

I feel honored for this appointment, which shows my fellow partners’ confidence in my abilities and capacity to assume such an important position. My number one priority is to further consolidate our Audit and Enterprise Risk Services, with the help of a solid, young and extremely talented and dedicated team of professionals

Madeline Alexander

Deloitte has a total of 13 partners based in Romania and serving clients in different industries on aspects related to Audit & Risk, Tax & Legal, Financial Advisory and Management Consulting. The Firm opened its first office in Romania in 1992, in Bucharest. It is currently one of the leading professional services organizations in the country, employing around 400 professional and support staff. Services are provided by Deloitte Audit SRL, Deloitte Tax SRL, Deloitte Consultanta SRL and Reff & Associates SCA, jointly referred to as Deloitte Romania.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte’s 200,000 professionals are committed to becoming the standard of excellence.