Management Project
Resume:
Rafael Yanes
***************@*****.***
https://www.linkedin.com/in/rafaelyanes
PROFESSIONAL PROFILE
Bilingual (English/Spanish) Controller with over 20 years of extensive experience in the US and other continents. Expert at leading management, analyzing and optimizing finances for companies with domestic and international operations adding value to business results. Solid knowledge of financial planning and analysis, budget control and forecasting, treasury, M&A, accounting, compliance, bidding, strategic planning, risk management, Internal audit, legal and regulatory compliance, global trends and project management. Proven competencies in negotiating complex deals, solving problems, leading multidisciplinary and multicultural teams and managing crises. Natural leader, highly analytical and reliable.
WORK EXPERIENCE
Corporate Management Consulting. 2014 – Present
Chief Financial Officer & Controller, Miami, Fl.
Management consulting firm specializing in general management advisory and execution to help drive profitability growth through innovative capabilities across strategy, operations, analytics, performance management, talent and reporting.
GENERAL ACCOUNTING - Lead and manage all functions related to receivables, payables, G/L, inter-Company accounts and assist the Company’s Treasury Department with bank balances and cash management.
MONTHLY CLOSE/CONSOLIDATED REPORTING - Lead month-end close process and consolidation of financial information for reporting purposes. Complete month-end true-ups, accruals, depreciation and amortization; ensure timely and accurate monthly closing by stipulated deadlines, while reducing the number of days to Close from 45-50 days to 10 or less days.
MANAGEMENT REPORTING - Prepare daily reports, monthly financial reports/statements and maintain full set of accounts, general ledgers and journals according to US GAAP and Company accounting policies. Make presentations to the Company’s Management and the PE Firm and conduct special projects as required.
FINANCIAL ANALYSIS/PLANNING - Assist with the analysis of financial performance, prepare and manage budget and 18 month rolling forecast. Perform Variance analysis and Cash Flow Management.
OPERATIONAL METRICS - Prepare comprehensive operational metrics for the Company’s Business Units (7 Business Units currently).
BANKING/CASH MANAGEMENT - Assist with the management of banking relationships and enhance cash management/financial leverage.
M&A INTEGRATION ASSISTANCE – As needed in conjunction with the PE Firm’s efforts to grow the Company, with one acquisition completed already in 2017.
EXTERNAL AUDIT LIAISON - Lead & manage the annual audit, including coordination & liaison with external auditors.
TAXES - Lead & manage the annual tax preparation and coordination and liaison with external tax partner.
MANAGERIAL & SUPERVISORY - Currently 2 Direct Reports (1 Accountant and 1 Clerk), with additional staff to be hired as needed with Company growth.
Foster Wheeler (FWLT) NASDAQ 2000 – 2014
Chief Financial Officer & Controller, Houston, Tx.
Led an engineering, EPC and project management service company for the engineering and construction industry in US and Latin America. Managed projects for up to $13b. Prepared and approved both international and US GAAP financial statements and all form 8-K, 10-K and 10Q filings. Member of the Board of Directors.
●Main liaison between local and corporate legal advisors and auditors and between the corporation and the client, regarding contract adherence and negotiations. Participate in key decisions as a key member of the executive management team.
●Played an important role in formulating the company’s future direction and supporting tactical initiatives.
●Develop performance measures that support the company strategic plan.
●Processed the day to day accounting, producing both local and US GAAP financial statements and prepare all forms 8-K, 10-K and 10Q fillings. Prepare Tax reporting and payments to local authorities and corporate office. Direct preparation of annual Budgets and monthly forecast and performance tracking of revenue, costs and cash flow. Assembling annual business plan and develop strategies to optimize taxes and profits.
●Management of local capital structure, including bank debt and intercompany netting. Management of banking relationships, including local payroll accounts, labor bonds, performance bonds, letters of credits, foreign exchange, cash management and CADIVI operations. Implement of operational best practices.
●Mitigate key elements of the company’s risk profile.
●Performed acquisition due diligence and negotiate acquisitions.
●Supervised the recruitment of 3000 local project staff and 600 expats including converting salaries into local package complying with local laws, processing of work permits, contracts, accommodation, per diem calculations, income tax services, vehicles and other assigned benefits.
●Managed contract and the financial aspects, bidding and execution of various projects totaling $13b in engineering, procurement and construction management.
●Responsible for the day to day finance and accounting of our office and the operation in Colombia and Venezuela.
●Reduced local project costs by approximately 40% through the use of resources from other affiliates in order to optimize staff costs and increase price competitiveness during bidding processes.
●Reduced employee benefit claims from $5m to $750k by negotiating with the legal representation of the union workers.
●Established a strategic alliance with 4 local and international project management firms resulting in additional contracts in Argentina, Brazil, Ecuador and Nicaragua.
●Designed the company’s strategic plan, together with the top team, setting the company’s direction for the next 5 years.
●Centralized operations in two banks doubling credit lines and decreasing loan costs by 20%.
●Automated treasury processes increasing effectiveness by 50% and avoided data processing errors.
●Developed financial KPIs improving the execution of the company’s strategic plan and control over project performance.
●Created and implemented rules and procedures to follow corporate policies and internal controls.
●Conducted the migration of the financial and accounting data to JD Edwards.
●Implemented a fiscal strategy between the subsidiaries which increased corporate revenue for 14 years, using technical assistance according to double taxation international treaties.
●Led a feasibility study in Panama and Costa Rica to set up a low cost Engineering Center for Latin America.
●Restructured the share capital of the company resulting in a stronger financial structure giving the company access to major projects and bonding capacity.
●Increased efficiencies by restructuring the areas of treasury, accounting, payroll, budget and financial planning.
●Performed and analyzed studies of general economic, business and financial trends worldwide and their impact on the organization policies and operations.
EDUCATION
BSc in Business Administration with a major in Finance
Universidad Metropolitana
MBA
Unimet
TECHNICAL SKILLS
SAP, JDE, Quickbooks, Microsoft Office Suite
Financial Reorganization, Advance Corporate Finance
Credit Analysis, Corporate Finance
International Taxation and use of agreements to avoid double taxation
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