Daniel E. Briceno, MBA, CPA
*** ************* **** 647-***-****
West Suite # 1611 aca4tk@r.postjobfree.com
Mississauga ON L5B 4P9 ca.linkedin.com/in/bricenodaniel
BUSINESS LEADER
Resilient leader known for delivering results through people, financial and
strategic business management. Industry experience includes: food and
consumer products, cosmetics, pharmaceuticals, technology and consulting. A
reputation for being able to adapt to new cultures/roles and inspire others
to achieve the company's overall vision, strategy, financial objectives and
investment priorities.
Visionary and strategically Financial acumen Internal control and
focused Treasury Sarbanes-Oxley
Commercial partner People development US GAAP & IFRS
Strategic mind set Fluent in English and
Spanish
PROFESSIONAL EXPERIENCE
Cargill, Caracas, Venezuela
Jan 2011 -2012
AController for the Food and Ingredient System Platform
Cargill Venezuela represented approx. USD $1B in sales. Reported to the
affiliate's Head of Finance and managed a team of three direct reports.
Ensured financial reporting was in compliance with local and US GAAP
requirements and business unit policies, prepared budgets and variance
analysis and provided operational and financial support to management to
facilitate the business decision making process.
. Managed foreign exchange exposure and monitored commodities position
reporting. This work was critical to the affiliate as it needed to
balance: exchange rate, commodities position, headquarter credit limit
established to the affiliate, raw material coverage, S&OP, government
demands, and risk in general.
. Built and led high performing teams to provide support to the business,
which included attracting, developing and engaging employees to work in
existing businesses and in anticipation of growth.
. Led and promoted the sharing of ideas and best practices in response to a
customer profitability project. The organization wanted to focus on
continued improvement among different business units to generate better
bottom line results, drive effectiveness in the organization, and expand
best practices globally.
. Facilitated the support in the development of innovative customer
solutions within a highly regulated market. Created networking
opportunities and cooperation with IT, Treasury, Legal, Shared Service
Center and HR in order to create holistic ideas, build corporate
resiliency and mitigate risk of non-compliance.
. Monitored proper safeguarding of assets through effective internal
control process and procedures. This allowed the organization to improve
control over wheat volume across its Silos and Pasta Plants, while
reinforcing guiding principles with employees.
ESTEE LAUDER Companies (EL), Caracas, Venezuela 2007 - Dec 2010
Finance Director
Reported to LA Executive Director for Finance & Administration and Country
General Manager. Led several departments with a combined headcount of 60:
Direct reports were in Controlling, Treasury, IS, Accounts Receivables,
Planning, Logistic and Warehousing. Responsible for budget preparation,
involving preparation of marketing plans for each brand, headcount plan,
capital expenditures plan, sensitivity analysis and financial statements
modeling and subsequently evaluations against budget and prior year and re
forecasting.
. Pioneered the implementation of the finance vision based on the following
pillars: automate process, drive best practices, extend beyond finance,
and comply with SOX and all legal regulations.
. Incorporated the S&OP process in the Affiliate in order to orchestrate
Supply Chain, Finance and Category Management.
. Implemented corporate policies at the affiliate and identified solutions
to adapt local issues within the corporate policy.
. Minimized foreign exchange exposure by granting access to the affiliate
to the official government system of foreign exchange, purchasing
financial instruments and implementing billings in the USD instead of
different currencies.
. Established a major operational agreement with a third party providing
significant savings to the operation: product labeling, distribution to
the main warehouse, merchandise delivery to main customer at Margarita
Island (Approx. 30% of the business).
. Implemented a tax strategy improving company's net earnings and reducing
effective tax rate from approx. 64% to 40%.
. Reorganized warehousing by brand, by zone, by customer importance and
logistics supplier. As a result, minimized bottleneck on the supply flow,
found synergies among brands to ship merchandise, reduced cost by
consolidating orders, increased customer service level/satisfaction, and
minimized inventory obsolescence.
. Developed KPI's by functional area: Finance, Warehousing, Demand
Planning, IS, Accounts Receivable. The organization benefited by
establishing a master control which identifies key drivers of the
organization to solve deviations.
. Acted as a strategic partner to the commercial side providing each brand
a financial perspective through budget, forecasts, supply chain and
regulatory implications.
. Automated ordering, warehousing and billing processes via implementation
of handheld devices. Through software developed in house, the company
improved in the areas of DSO, Supply chain flow, Sales effectiveness and
Brand presence.
. Reinforced internal control and SOX culture into the organization. This
was particularly relevant as Estee Lauder Companies is a Public company
which needed to comply with this requirement overseas.
Wyeth Laboratories (WYE), Caracas, Venezuela 2003 - 2007
Finance Manager (Wyeth Consumer Healthcare)
Strategic partner to the consumer division and other departments:
Marketing, Regulatory, Logistic and IT.
. Developed and facilitated the strategic plan in conjunction with
management, which included(market analysis and trend, competitive
analysis, current product line assessment, new product requirements,
marketing channels facilities analysis and manufacturing/distribution
plan, sales/marketing/brand strategy as well as 2-4 year goals.
. Focused on shareholders' value creation through profit analysis for
opportunities, goals and new products.
. Worked with the General Manager to determine key business drivers and
metrics for all operations and developed a reporting mechanism to measure
KPIs.
. Prepared divisional budget including Head Count and CAPEX, and monitored
it through monthly forecasts.
. Developed and maintained a corporate set of accounting policies and
controls, including U.S. GAAP standards and internal controls in order to
comply with Wyeth's Policies & Procedures and Sarbanes-Oxley regulations.
ORACLE Corporation (ORCL), Caracas, Venezuela
2001 - 2003
Financial Analyst
. Improved business performance by assessing business risk and
opportunities, developing performance measurement frameworks and
supporting the business to achieve its strategic goals.
. Ensured accurate and timely pipeline and assessed forecast coverage.
. Provided analysis to support budget process with scenario planning and
strategic modeling.
. Translated divisional, corporate plans, and strategies into local
tactical plans.
. Worked with LAD team to analyze monthly and quarterly results against
management's expectations.
Heidrick & Struggles (HSII), Caracas, Venezuela 2000 - 2001
Accountant for Latin America Region
. Consolidated information and cash flow from the Latin American region and
reported to the headquarter in Chicago, IL.
. Accounting for the Latin American operations (which included Mexico,
Argentina, Miami, Colombia, Chile, Peru, Brazil and Venezuela) through
maintaining financial security, and by following internal controls
EDUCATION
Kellogg-Schulich Executive MBA
Oct- 2013
School of Management, Northwestern University, Chicago, Illinois, USA
Schulich School of Business, York University Canada
Universidad Metropolitana, Caracas, Venezuela. Thesis with honors 2004
Master in Administration mention: Finance Management.
Universidad de los Andes, M rida, Venezuela
1999
Bachelor of Accounting. CPA (in Venezuela)
LANGUAGES
. BILINGUAL (English-Spanish)