Senior Finance Executive
Senior financial executive with demonstrated success in accounting and finance, cost control, strategic planning, tax, budgeting, operational risk management, and training. Skilled at managing start-up, turnaround, growth operations and M&A integration. Proven ability to generate synergies across business and support lines. Extensive management experience with multicultural work environments in the US and key international locations in Latin America and Europe.
- Program & Project Management
- Financial Analysis, Budgeting & Reporting
- International Experience
- New Product Design & Development
- Leadership, Mentoring & Team Building
- Business, Legal & Operational Support
- Issue Resolution & Management
- Spanish and Portuguese Language Skills
- Sound Judgment & Focus on Risk/Reward Trade-Off
- Building Client-Driven Environments
PROFESSIONAL EXPERIENCE
Senior Consultant 2009 – Present
Assist organizations in improving performance, analyzing business, risk and operational issues and developing mitigation plans. Provide interim senior level support in business areas such as finance & accounting, risk management, internal control, operations, restructuring, business integration and change management.
Bank of America - GCIB/ LATAM 1994 – 2007
Multi-billion subsidiary Financial Group of a worldwide banking and financial corporation.
Senior Vice President and Chief Operating Officer 2004 – 2007
Successfully identified and developed synergies across the Investment Banking, Leasing, Capital Markets, Cash Management, Trade Finance and Corporate Banking business lines and support areas for the corporation’s Financial Group and Representative Office in Mexico. Scope of responsibility included profitability and cross-selling initiatives, cost management and control, business/product development and corporate governance. Leveraged management skills on a broad range of committees including Executive, Operational Risk, Asset/Liability, Pandemic Planning/Business Recovery and Internal Audit. Accountable for the consolidation of legal entities and business integration for several local mergers, including the establishment, sale and liquidation of local business lines and legal elements.
* Generated operating efficiencies and reduced operating expenses by 50% directing the transition and integration projects for Bank of America/Fleet Boston and Bank of America/NationsBank Mergers in Mexico.
* Reduced Operational Risk exposure by developing and delivering a Risk Monitoring Group, Legal Entity Self Assessment Procedure and New Products/New Business Initiatives Process.
* Drove the transfer of a foreign exchange operation to Mexico that yielded incremental earning of $1 Million per annum in local revenue.
* Strategically managed the organizations local and US tax position. Planned and executed resolution to critical withholding tax issues that increased organization’s opportunity to market locally offered derivative products.
Executive Director & Chief Financial Officer 1995 – 2004
Entrusted with all local and US financial, tax and regulatory reporting for the Mexico Representative Office and Financial Group comprised of a holding company, banking subsidiary, leasing company, broker-dealer and non-financial entity. Partnered with institution-wide divisions on administration, operations, legal, and corporate headquarters in Mexico. Served on the local Board of Directors for the subsidiary and leasing company. Primary contact for local and US regulators for all finance and business related issues.
* Recovered $1.5 Million in Valued Added Tax paid on a local real estate transaction working collaboratively with Mexican Tax Counsel.
* Simultaneously fulfilled the roles of Latin American Regional Legal Entity Controller and General Director of Bank of America for 18 months.
* Accelerated regional financial closing process reducing inter-company cost allocations by 85%
* Pivotal in establishing a nationally offered remittance product. Enabled cash transactions from any Bank of America branch in the US to be converted for payout in Mexican Pesos at more than 4,500 locations throughout the country.
Vice President & Chief Financial Officer 1994 – 1995
Recruited to establish Bank of America’s local banking and leasing operations in Mexico.
* Led and managed development of all accounting and finance functions, staffing, training, policy implementation and operating processes.
EDUCATION
MBA – Southern New Hampshire University, Manchester, NH
B.S.– Accounting – Southern New Hampshire University, Manchester, NH
AFFILIATIONS AND AWARDS
Sunset Lakes Master Association – Miramar, FL 2008 – Present
Not-For- Profit Management Association for 1,865 Home Community
Vice President and Director
* Volunteer director position with board responsibilities that include managing an annual revenue budget in excess of $4mm, employment and dismissal of personnel, adoption and amendment of rules and regulations covering the operation of community property. Maintaining and managing financial accounts and insurance. Contracting for the management and maintenance of property owned by the community including proposals, collections, record retention, rule enforcement, and general oversight
* Led review and advisory committee to upgrade management company. Contracted new company saving $300K per year.
* Co-chairman of the Finance Committee.
* Co-chaired committed to renegotiate security service, saving $100K per year.
* Coordinated annual audit process and liaised with external auditors.
* American Institute of Certified Public Accountants
* Certified Fraud Examiner
* Florida Institute of Certified Public Accountants
* Association of Certified Fraud Examiners
* KPMG International and Ernst & Young Alumni Member |
