Luis Martínez Ebra, CPA, CGMA

I-* Calle Ebano Condominio Madreselva Apt. 504, Guaynabo PR 00968

787-***-**** / acp5jd@r.postjobfree.com

pr.linkedin.com/pub/luis-martinez-ebra-cpa-cgma/91/629/183/

Successful Management, Financial and Business Executive with experience in financial and consulting services, health care, transportation, public services and manufacturing industries and a solid background in finance, accounting and treasury. Experience working with SEC registrants. Well-developed business sense. Superior communication skills. Fully bilingual: English and Spanish.

My professional experience also includes:

Participation in due diligence procedures performed for the acquisition of Casera Foods by Campbell’s and subsequent audit during the measurement period

Profitability analyses of operations, customer contracts and potential new products

Participation in the Start-Up of Compañía de Aguas

Participation, as Finance Director, of the closing of operations of Compañía de Aguas

Negotiations with the Government Development Bank for Puerto Rico of a $250 million revolving line of credit and a $100 million revolving line of credit with a group of five commercial banks for the Puerto Rico Health Insurance Administration

Responsible as auditor and as Controller of operations in the Dominican Republic and U.S.V.I.

Willing to travel up to 30%-40% of the time

Certified Public Accountant, Guaynabo, Puerto Rico

Sole Practitioner 2013-Present

Some of the accomplishments are:

Assisting a major teaching hospital (Hospital de la UPR Federico Trilla):

Evaluation of internal controls and implementation and enhancement of controls to comply with the Office of the Comptroller of Puerto Rico requirements, which is the equivalent of complying with SOX

assisted in strategic planning

conduct special projects

Assisting a major client develop a cash flow (treasury management) model

Assisting an attorney as expert witness

Puerto Rico Health Insurance Administration, San Juan, Puerto Rico –provider of health insurance to 1.6 million persons with an annual budget of $2.4 billion.

Finance Director 2011-2013

Responsible for the accounting function of the Administration, including, among others:

conducting monthly closings in accordance with U.S. Generally Accepted Accounting Principles,

preparing annual budgets and presenting them to the Board of Directors and to the Puerto Rico Senate and House of Representatives,

managing the treasury function, including negotiating line of credit facilities,

managing compliance with the lines of credit covenants,

managing state and federal funds,

assisting the Executive Director in negotiations with insurance companies, health providers and others,

working with other special projects.

responsible for the annual audit and Single Audit.

Supervised a staff of approximately 10 accountants.

Reported to the Executive Director.

Some of my accomplishments are:

Negotiating lines of credit of $250 million and $100 million with the Government Develpoment Bank for Puerto Rico and a group of commercial banks, respectively,

Moved over 800,000 beneficiaries to a full-risk model and paid all providers within five days of the receipt of claims,

Finished the Year-Ended June 30, 2012 with a superavit.

Brink’s Puerto Rico, Inc., San Juan, Puerto Rico – leader in the transportation of valuables, currency and coin processing.

Comptroller of the Caribbean Operations (Puerto Rico and the US Virgin Islands) 2004-2010

Responsible for the accounting function of the Company. These responsibilities included:

conducting monthly closings,

preparing annual budgets and presenting them to regional management,

preparing monthly profit and loss forecasts,

performing profitability analyses of operations, customer contracts and potential new business

establishing and enhancing internal accounting controls,

coordinating annual external and internal audits,

managing the treasury function.

Supervised an accounting staff of four persons with direct oversight of all accounting functions.

Some of my accomplishments are:

Reduced accounting staff by 33% maintaining the same accounting functions and closing time.

Reduced collection days from 40 to 28.

Implemented annual price increases to customers between 5% and 10%.

Compañía de Aguas, San Juan, Puerto Rico – a subsidiary of Veolia, a global leader in operating water and sewer systems

Finance Director 1995-2003

Responsible for the accounting functions for both the Veolia Puerto Rico and the government instrumentality. As Finance Director for Veolia Puerto Rico, reported to the President and as Finance Director of the government instrumentality, reported to its Governing Board. The responsibilities included:

conducting monthly closings,

preparing annual budgets,

preparing monthly profit and loss forecasts,

monitoring compliance with contractual covenants,

coordinating annual external audits,

conducting/supervising the treasury function

decentralized the government instrumentality’s Finance Department of 100 accountants to five regional departments

performing profitability analyses of the operations

Some of the accomplishments are:

Established an accounting department of ten professionals for the Company as part of the start-up,

Reduced the government instrumentality’s reporting time, analysis and closing from 6 months to fourteen days,

Reduced payment to vendors cycle from 6 months to 30 days maintaining strict internal controls,

Maintained a positive cash flow for the $150 million per year operation of Veolia Puerto Rico,

Attained a profitable operation for Veolia Puerto Rico by reducing 10-20% the government instrumentality operating expenses.

Participated in the closing of operations

TII Industries, Inc., Toa Alta, Puerto Rico - SEC registrant manufacturing surge protectors in Puerto Rico and the Dominican Republic with headquarters in New York

Controller of the Caribbean Operation Sept 1992-Sept 1995

Responsible for the accounting function of TII in Puerto Rico and the Dominican Republic. These responsibilities included:

monthly closings and consolidations, including the preparation of Forms 10-Q and 10-K.

direct oversight of cost accounting, budget, billing, collections, accounts payable,

determining direct and indirect costs and preparing cost feasibility/profitability studies for existing and new products

managing compliance with debt covenants and maintaining effective communication with a major bank,

Supervised an accounting staff of twelve persons.

Some of my accomplishments are:

Reduced reporting time, analysis and closing from 14 days to 7 days

Reduced annual audit fees from $150,000 to $100,000

Managed and obtained compliance with line of credit covenants

Arthur Andersen, Hato Rey, Puerto Rico

Audit and Business Consulting Manager Aug 1981-Sept 1992

Supervised and conducted external audits in accordance with US GAAP of major clients located in Puerto Rico, the US Virgin Islands and New York, supervising audits of 1 to 7 staff members

Responsible for major clients such as Banco Santander Puerto Rico, Ayerst-Wyeth Pharmaceuticals (manufacturing), Merck Sharpe & Dohme (distribution), Leo Burnet (advertising), PRIDCO, among others

Participated in due diligence procedures performed for the acquisition of Casera Foods by Campbell’s and subsequent audit during the measurement period

Responsible for several years of the San Juan Office Training Program, attaining the Office Audit Division’s (approx 50 CPAs) compliance with AICPA and Puerto Rico State Society continued education requirements

Courses in Continued Education ( 30 to 40 hours per year) in accounting, management, ethics, human resources and other matters.

Certified Public Accountant (Puerto Rico, Lic. 1725) 1983

Bachelor in Business Administration, Major in Accounting (magna cum laude)

University of Puerto Rico, Rio Piedras Campus 1981

Puerto Rico Society of Certified Public Accountants

American Institute of Certified Public Accountants

Chartered Global Management Accountants

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