Manager Management

Reinaldo S. Rivas, MBA

**** ***** ****, ******-**** Lauderdale FL 33327( Cell: 941-***-**** (

Email: ********.*.*****@*****.***

Executive Summary

Bilingual English/Spanish International Finance Director with extensive

Latin American experience in highly complex economical environments dealing

with accounting and tax matters around the region. Outstanding record of

achievement in operational profitability, organizational development,

process improvement, cost savings, companies start up and ERP system

implementation with advanced skills in financial reporting, budgeting,

audit, risk management, SAP, Sarbanes-Oxley and USGAAP.

Professional Experience

EMI Music Latin America, Miami Beach, FL and Mexico City, Mexico Nov 2007-

Jul 2009. One of the world's entertainment companies leading in

manufactures, markets, sells and distributes recorded music and high tech

digital products through a network of subsidiaries, joint ventures and

licensees with $1.7 billion revenue worldwide.

Job title: Finance Director

Responsabilities:

. Ensures the development and implementation of appropriate financial

systems for management and reporting of accurate financial information

in Latin America.

. Responsible for maintaining subsidiaries ledger systems and ensure

that any system used to support accounting or financial reporting are

accurate and well documented.

. Oversees risk management programs and the development of policies

related to foreign currency risks, insurance coverage and guarantees.

. Ensures the company's books and records are maintained in accordance

with US GAAP and Local Tax and Customs Regulations.

. Supports other departments and functions in achieving their financial

and business goals.

. Manages the region's tax function and compliance with appropriate

state and federal regulations.

. Evaluates and maintains the integrity of company assets based on SOX

and organization's internal control guidelines.

. Responsible for the preparation of annual expense budget and interim

financial forecast.

. Manages the region's cash management functions, including customer

credit lines and collection policies.

. Builds strong relationship with senior subsidiary and corporate

management to help meet company goals and objectives.

Achievements:

. Create efficiencies standardizing and streamlining core finance

projects by eliminating duplications and redundancy costs and

achieving $1 MM savings.

Tellabs, Mexico City, Mexico, Apr 2004-Oct 2007. One of the world's leading

manufacturer of quality telecommunication equipments to fix and mobile

telephony industry and is comprised of business as converged broadband

networking, IP technologies, applications and services with $2.1 billion

revenue worldwide.

Job title: Sr. Manager Accounting

Responsabilities:

. Overall responsibility for monthly closing and timely reporting of

statutory and US GAAP results.

. Responsible for providing accurate and timely information on the

subsidiary financial standing and operational results.

. Oversees accounting operational functions including payroll, account

payable, cost accounting and transfer price analysis.

. Maintains the integrity of financial and regulatory reporting systems in

SAP.

. Development of inventory turns targets and values.

. Responsible for hiring, motivating, evaluating and developing of

department personnel directly and through subordinate managers.

. Provides analysis and make recommendations for improvements to business

functions and processes.

. Performs foreign exchange analysis based on FASB 52 and net exposure.

Achievements:

. On time completion of financial statements and income tax filing,

driving to correct accounting mistakes and recouping $18MM in income

taxes overpaid.

. Update balance sheet reconciliations finding a net adjustment of 8%

positive impacting results.

. Implement US GAAP FASB 109 reducing income tax burden in 2%.

Universal Music, Dec 1995-Nov 2003. The world's entertainment company

leading in manufactures, markets, sells and distributes recorded music and

high tech digital products through a network of subsidiaries, joint

ventures and licensees with $3.8 billion revenue worldwide.

Job title: Finance Director, Mexico City, Mexico Jan 2001-Nov 2003.

Responsabilities:

. Financial management for all Mexican operations including

manufacturing site.

. Support Supply Chain Management function, physical inventory valuation,

transfer price analysis and inventory adjustments to reconcile with

books.

. Provide financial leadership to drive the business to meet its financial

commitments.

. Overall responsibility for implementing and maintaining controls &

procedures to ensure adequate controllership of company assests and

compliance with local laws.

. Coordinate risk assessment and software evaluation (SAP and JDE)

. Provide financial guidelines to General Manager of the Mexican commercial

operation to make business decisions.

. Support budgeting process, revenue recognition and forecast analysis.

. Oversees monthly financial reviews including variance analysis and

reporting by product line and sales.

. Coordinate and follow up internal and external audit work.

Job title: Finance Director, Caracas, Venezuela Dec 1995-Dec 2000.

Responsabilities:

. Overall responsibility for annual budget preparation, interim

estimate preparation and meaningful analysis.

. Responsible for daily management approvals for business transactions.

. Fulfill legal and tax accounting compliance

. Accurate and on time reporting to headquarters applying FASB 52 and

FASB 109.

. Coordinate and supervise month-end closing and relevant procedures.

. Develops and maintains written departmental standards and procedures

as required.

. Contributes to development of tactical and annual operating plans,

defining goals and objectives to the subsidiary.

. Manages and leverages relationships with vendors, customers and other

external in order to effectively negotiate and obtain the best terms

for the company.

. Oversees supply chains operations to ensure that customer

requirements are met and costs minimized.

Achievements:

. Implement a new distribution system improving delivery time in 3 days

Pacific, 2 days South East and same day Central increasing company

sales in 15%.

. Outsource the warehouse function to a third party reducing overheads

and achieving $1MM savings.

. Put in place a business plan to increase sales to its potential growth

increasing market share in 3%.

. Merge two offices in one saving $1.8MM overheads.

Education/ Other

* MBA, Finance, IESA, Caracas, Venezuela 1998.

* CPA, foreign equivalent accounting designation, Caracas, Venezuela

* Bachelor of Science, Accounting, UCAB, Caracas, Venezuela 1987.

Computer program proficiency: SAP, Navision, Hyperion, MS Office: Excel,

Word, Power Point.

US Permanent Resident.

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