Federico Biancardi

I joined XTEL as Group Financial Controller in May 2025, and since September 2025 I am serving as the Head of FP&A.

• Led the financial planning and analysis function, overseeing budgeting, forecasting and long-term strategic planning processes to drive profitable revenue growth for the company's global operations.
• Developed and implemented advanced financial models to analyse revenue streams, ARR, assess profitability, and identify opportunities for cost optimization.
• Partnered with cross-functional teams, including sales, operations, and product development, to evaluate business performance and provide actionable recommendations for improvement.
• Ensured compliance with IFRS/IAS standards and internal controls, while managing all financial reporting requirements, including variance analysis and board presentations.
• Coordinating a team of 7 people
• Responsible for Group financial statement consolidation
• Responsible for the monthly accounts for all group entities (Italy, Spain, UK, France, Belgium, Switzerland and US)
• Lead and manage the audit process at both group and individual entity levels, ensuring compliance with regulatory standards and internal policies
• Responsible for overseeing the Group's Transfer Pricing policy, ensuring compliance with international regulations and alignment across all entities
• Manage cash flow and liquidity both at the single entity level and at the group level
• Managed the tax audit conducted by the Italian Revenue Agency, providing support and ensuring successful resolution

• Coordinates and direct the preparation of the budget and financial forecasts for all group's branches. Presentation to the BoD.
• Responsible for the monthly subsidiary close process, including oversight of subsidiaries entity PLs and Balance Sheets for all group's branches.
• Presentation and analysis of financial results to the Board Members
• Manage the yearly and half yearly group's consolidated financial statement.
• Established credit control policies that increased year-on-year cashflow.
• Reporting procedures and accounting rules armonization in line with Headquarter's standards.
• Drive, control and internal audit approach across the Group.

• Finance project manager of multi-million-euro R&D projects, including project reporting, cost control, ROI, cash flows, NPV, IRR, and payback investments.
• Preparation and delivery of financial plans and business plans to achieve short- and long-term targets.
• Presented investment and strategic proposals to key senior stakeholders (including CFO/VP's).
• Performed sales and margin analysis for business lines to support profitability goals.
• Monitored program's financial performance, comparing costs and investments to targets, identifying risks, and recommending corrective actions.

• Budgeting, forecasting, and financial analysis to support strategic planning and decision-making.
• Performed analysis of production costs across plants, focusing on Bill of Materials (BOM), standard costs.

• Oversaw royalty processing, revenue recognition, and financial postings, ensuring compliance and timely issue resolution
• Supported collections, dispute management, and process improvement through financial analysis and licensee performance evaluations

• Collaborated with the Panini finance team in Italy and the UK, managing contracts from a financial and accounting perspective and providing audit support.
• Conducted sales analysis, prepared royalty reports for licensors, and performed performance evaluations to optimize marketing strategies and support contract renegotiations.
• Initially based in Italy than seconded to the UK.