Madina Nigmatulina


Lomonosov Moscow State University
B.S. in Finance

Years of Experience

20 Years

Industry Expertise

Financial Services

Big Four Alma Mater


Madina Nigmatulina

Managing Director – Advisory

Madina brings more than 20 years of financial consulting and executive management experience to WilliamsMarston LLC. Prior to WilliamsMarston, Madina spent a decade at Royal Bank of Canada (RBC) in New York, a multinational financial services organization, where she held a number of senior leadership positions in the US Finance division including Head of US Accounting and Regulatory Policy, US Financial Controller of Bank Holding Company and Head of US Finance Risk and Control. While at RBC, Madina provided US GAAP and IFRS accounting, banking regulatory and financial reporting advice on business combinations, consolidations, revenue recognition, goodwill impairment, financial instruments, fair value, expected losses and leases. She led the firm’s implementation of new accounting standards, including ASC 606, Revenue from Contracts with Customers, ASC 842, Leases, ASC 326, Financial Instruments – Credit Losses and was a member of accounting committees through SIFMA and ISDA. Madina also built and then led the US financial and regulatory reporting functions with a focus on internal control and system implementation to achieve timely, complete and accurate reporting. Additionally, Madina worked closely with the US CFO in developing processes and controls to manage risks and issues; in identifying known and emerging issues; and in monitoring the adequacy and effectiveness of internal control, accuracy and completeness of reporting, compliance with laws and regulations, and timely remediation of deficiencies.

Prior to RBC, Madina was a member of the Accounting Policy Group at Lehman Brothers Inc. in New York, a full-service global investment bank and institutional securities firm. While at Lehman Brothers, Madina provided technical accounting and financial reporting advice on business combinations, consolidations, revenue recognition, securitizations, goodwill impairment, financial instruments, fair value, and leases. Madina began her career in KPMG LLP’s Audit and Advisory practice, where she worked for nine years on the US and international assignments primarily serving companies in the financial services industry. While at KPMG she directed all stages of risk and accounting advisory and audit services engagements performed in accordance with US GAAP and IFRS for SEC filers (10-K, 10-Q, and 20-F reports), conversion projects from US GAAP to IFRS, and implementation of SOX Section 404 in public financial services companies.

Madina is a Certified Public Accountant in the States of New York and Maine, and a member of Association of Chartered Certified Accountants (ACCA) and holds a Bachelor of Science in Economics and Finance from Lomonosov Moscow State University.