CTP, CMA, MBA
Profile Summary
Finance Executive with proven ability to build financial infrastructure, strong teams, customer and business partnerships. Provide solutions with integrity and flexibility aligned with the needs of the company stakeholders. Results oriented, multi-cultural and multi-lingual perspective.
Budgeting and forecasting and financial modeling
General Accounting and Financial Reporting
Trade Finance, Bank credit facilities Cash management and
Foreign exchange Multiple company management
Acquisition analysis/due diligence and acquisition integration
Financial information systems implementation, Hyperion, Great Plains
Public and Private company experience
Various industries, including wireless, retail and manufacturing.
Professional Experience
Mexican Retailer Sept. 2002 Present
VP of Finance and Administration, reporting to Chairman of Board and CEO.
Founded in 1999 as a new retail concept in Mexico, a Dollar Store. has approximately 300M in annual revenue. The retailer is a multi-unit retail company that I helped grow from 76 stores and 127M to 220 stores and over 250 M annual revenue USD base over 3 years. Mexican retailer went from negative EBITDA in 2002 to positive EBITDA in my first year, due to cost structure changes and set the stage for doubling sales and stores in 2004 and 2005. EBITDA has doubled each year.
Treasury and Cash Management to maintain liquidity
Raised 4 M in revolving US Dollar working capital loans from Mexican bank.
Built global banking support for international trade finance requirements.
Maintained liquidity while maintaining annual store growth of 50%.
Improved credit rating in US D&B from significant risk to low risk.
Linked inventory planning and accounts payable to cash availability.
Automated bank reconciliation.
Accounting for accurate and timely financial information
Successful completion of 2003 audit with unqualified opinion, first clean opinion in history of company. Reduced time of audit by 2 months.
Reduced monthly close by 10 working days.
Ensured growth with asset control.
Implemented inventory control, reducing inventory by an average of 20 days.
Sarbanes Oxley compliance preparation and review for implementation.
Corporate Planning: a basis of focused growth
Developed master budget to introduce expense control and flex budgeting process to bring expenses in line with company growth needs and profitability objectives.
Responsibilities include the direction and execution of the company annual operating plan and budgeting process and the five-year plan.
Implemented Hyperion Planning reducing planning time by 3 months, achieving accuracy and plan integration between operating and strategic plan and 12 month rolling forecast.
One source of truth in data enabling focus of company to be on metrics and improvement.
Financial Systems as a source of productivity and cost efficiency
Implemented Hyperion Business Intelligence and Planning, for company scorecard and reporting.
Productivity gains in the financial team at Waldos are the result of our focus on process reengineering and implementing Great Plains 8.0 in Spanish.
Business process reengineering and systematic training created the basis for the improvements.
Introduced quality management as basis of continuous improvement in administration.
Mergers and Acquisitions
Incorporated 23 stores, 800 sales associates and legacy financial system in 2 weeks in Mexico.
Wireless Infrastructure Company. publicly listed company, Nov. 1999- Mar. 2002
CFO of Latin America Segment, reporting to CFO of company
Telecom infrastructure building company with annualized growth around 50%. My role was to build pricing models for multi-million dollar bids, create a project accounting team and manage cash. Raised 100M in cash and set up annual budgeting process, planning processes and incorporated Latin America subsidiaries into meeting US GAAP and public company reporting standards.
Treasury to raise cash to support growth
Responsibilities included banking relationships and cash management.
Negotiated and closed $100 M, secured credit line with syndication of four banks with Credit Suisse First Boston as the lead bank.
Managed a $100M convertible debt issuance and $150M Secondary Stock offering.
Corporate Finance for pricing, investor relations and annual budgeting:
Pricing models enabled company to more effectively target business development.
Investor presentations devised and then maintained a financial scorecard used in the quarterly investor calls.
Project Accounting is key to managing percent complete accounting and forecasting back log
Project Accounting team able to support multiple projects and calculate percent completion on turnkey projects.
Accurate recording of project expenses reduced expense overruns by 40%.
Analytics make better merger and acquisition decisions
Developed model for analysis and review of acquisitions.
Reviewed and established valuation and goodwill calculations of multiple companies
Riding boots and leisurewear manufacturing, , 1998 - 1999
Director of Finance, reporting to CFO.
A privately held boot-manufacturing firm focused on high-end equestrian sport and leisure footwear. Annual Revenues: 15M.
Developed performance metrics for inventory accuracy and sales results.
Responsible for full accounting cycle.
Upgraded system and implemented FAS software to account for 80% of capital investment.
Largest retailer in the world 1997
Budget and Planning Intern
Budgets for the 1998 international divisions and developed key spreadsheets used in several of the divisions.
Developed Foreign Exchange analysis leading to divestiture from Indonesia at time of devaluation.
Professional Certification
Certified Treasury Professional, CTP
Certified Management Accountant: CMA
Education
Thunderbird, American Graduate School of International Management, Phoenix, AZ
MBA in International Management, Finance Concentration,
School of Oriental and African Studies (SOAS), University of London, England, UK
Master of Science, Politics in Southeast Asia,
University of Aberdeen, Scotland, UK
Master of Arts, Honors, (equivalent to BA plus one year), Politics and International Relations,
On-going Professional Development
IMA sponsored: Sarbanes Oxley 303 and 404 training and implementation course: completed course work 8 hours.
Modern Financial Modeling, two day seminar on advanced excel modeling techniques,
Language Skills
Fluent Spanish (currently working in Spanish on a daily basis); strong French and fluent in Italian; Mandarin Chinese (strong conversant, elementary writing).
Information TEchnology and ERP systems Experience
Implemented Hyperion Planning software 7.0, with Analyzer and Brio for reporting, integrating data from 3 information systems; Retek, Trimax and Great Plains to meet business intelligence requirements. Upgraded Great Plains from 6.0 to 8.0 and added functional modules.
Advanced knowledge of interactive spreadsheet building with scenario analysis; ERP: Great Plains, FRX, Hyperion, MAS 90 Accounting, Oracle Accounting.
Other professional experience:
Developed cross cultural training programs for US personnel entry into European and Chinese cultures, including training for clients such as Hewlett Packard and Sun Micro-systems. Developed studies and analytical tools in conjunction with
Philanthropic Activities:
Board Member of Financial Executives Institute, FEI, ; Member of Institute of Management Accountants, IMA; Member of Association of Financial Professionals, AFP; Treasury Management Association,
Board member for International Refugee Committee, Micro-Enterprise Development, . |
