Accounting Financial

Jose L. MALVICINO

**** ******* **. ****, ** ***** 832-***-**** *****************@*****.***

SUMMARY

Senior financial executive and Chief Financial Officer with more than 20 years of diversified international experience across public and private companies in the USA, Europe and Latin America, assuming regional and global project leadership positions across functional lines. Experienced in M&A’s, turnarounds and global restructuring plans.

PROFESSIONAL EXPERIENCE

TECPETROL CORPORATION - Oil & Gas - E&P Upstream - Privately Held – Houston, TX

Engaged in Exploration and Production activities, Tecpetrol Corp. operates 150 wells in 3 blocks in South Texas producing natural gas and condensate oil. The company started its activity in the area following an acquisition process completed in 2011. After 5 years of continuous operations, Tecpetrol Corp. sold 100% of its producing and non-producing assets to a private equity firm.

As a key member of Tecpetrol’s leadership team, I was actively involved in the decision making process and strategy of the company from its initial due diligence and the acquisition process until the divestiture of assets later on. In my role of CFO, I led the development of a high performance team in the areas of accounting, finance and planning, the integration of core operational functions, the implementation of robust ERP system and the development and control of a strategic investment plan in connection with field development leading to an increase of proven reserves. I quickly became responsible for Supply Chain and Procurement functions, developing new initiatives that resulted in cost reductions through the implementation of strategic negotiations with key vendors and the set up business metrics. Promoted to Managing Director and CFO, I was responsible for the entire performance of the company and conducted the negotiation and completion of the sale of company assets, overseeing and coordinating all aspects alongside the transaction.

Managing Director & CFO

(2014-2016)

Promoted into a senior executive role with overall P&L accountability, reporting directly to Corporate CEO and Board of Directors, managing an organization of 6 direct reports, including Operations, Finance & Accounting, Land and HR, and 40 indirect reports

Conduct periodic presentations to BOD in connection with company’s financial performance and provide advice on different investment initiatives

Successfully conduct divestiture process for company main assets, overseeing and coordinating all aspects alongside the transaction

Chief Financial Officer

(2011-2014)

Reporting directly to Managing Director, managed the end-to-end finance organization including Financial Planning & Analysis, Treasury, Reporting, and Budget and Forecasting for a $300M business unit

Achieved support for and executed transformational $200MM investments

Developed an improved financial analysis ROI template as a standard component for all non-planned investment initiatives

Led strategic M&A process, positioning the company for growth

Hire, train, and oversee the entire Finance & Accounting team (8 resources) as part of M&A process

Led implementation of SAP’s finance (FI), controlling (CO) and revenue accounting-joint billing, in line with legal and managerial reporting needs and support to a Shared Service Centers.

Serve as key relationship manager with financial institutions domestically and abroad

Responsible for $100M credit line, including monthly and quarterly follow up for covenants

Develop and implement 401k company plan

TERNIUM - Steel Manufacturing - Flat and long steel products - Publicly Held (NYSE: TX)

Ternium manufactures flat steel and long steel products, including galvanized sheets, pre-painted sheet, tinplate, welded pipes, cold-rolled, bars and wire rods. Ternium’s customers range from global companies to small business operating in the construction, automotive, home-appliances, food and energy industries. The company operates production facilities in Argentina, Colombia, Guatemala, Mexico and the United States. Ternium employs over 17.000 people and had annual net sales of $7.9 billion. Ternium completed its IPO in 2006.

I first joined Ternium as Regional Controller for a multi-location operation with 40+ direct and indirect reports at seven locations across Americas with net revenues over $750 MM. Within a doing business scenario of increasing international activity, I led a transformational process with focus on a major system conversion related to financial consolidation and cash management able to handle an increasing number of more sophisticated, inter-company business transactions, resulting in the production of timely, accurate reporting, allowing better forecasting and strong inventory management, a significant reduction of working capital levels and improved global cash management.

After the completion of company’s IPO in early 2006 and following a major acquisition in North America, I was promoted to Head of Accounting and Finance with responsibility over the industrial and commercial operations in the US and Latin America.

Head of Accounting and Finance

Houston, TX (2006-2011)

Reporting directly to the CFO, manages company’s corporate finance and treasury functions for a $500M business unit

Provide guidance to Commercial leadership team to define and measure appropriate metrics and budget commitments.

Provide ongoing tracking of KPI’s and ad hoc financial analysis of results and forecasts

Responsible for cash position, tax planning and 401k plan for several legal vehicles

Created a comprehensive, Sarbanes-Oxley (SOX) compliant month-end closing process, and third-party compliance, local statutory and U.S. GAAP financial statement reporting, local income and non-income tax operations

Led implementation of SAP’s finance (FI), controlling (CO) and treasury (TR/TM) modules

Directed $2bn syndicated loan process for M&A transaction funding

Analyzed $200MM acquisition transaction leading to domestic consolidation of production units in the US

Responsible for take over and complete financial cycle at new manufacturing facility at Shreveport, LA including entire standard cost set up, managerial reporting and inventories

Implemented tax strategies resulting in significant income tax refunds/savings

Produce transfer pricing studies in compliance with OECD policies

Regional Controller

Montevideo, Uruguay (2005)

Responsible for financial and administrative functions for 7 legal entities in the LatAm region with combined revenues over $750MM

Developed a blueprint for a regional finance shared service center for Latin America. This project was responsible for the deployment of a new regional SAP ERP platform that provided the support needed to allow for a newly streamlined, centralized and standardized environment to work efficiently and effectively

Managed full reporting process, tax compliance, and treasury activities

Built architecture of Uruguay’s financial services subsidiary, engaged in banking services consolidation and reinvestment of cash management

Managed cross-border pre-IPO process, including valuation analysis, relationship with auditors, and price recommendation

TENARIS – Steel Manufacturing – Tubular steel products - Publicly Held (NYSE: TS)

Tenaris is a world leader in steel pipes technologies serving markets such as oil and gas, power generation and industrial applications. Tenaris has manufacturing facilities in Argentina, Brazil, Canada, Colombia, Ecuador, Indonesia, Italy, Japan, Mexico, Romania, Saudi Arabia and the United States, along with a worldwide distribution network. It employs over 27.000 people worldwide and has annual net sales of $7.1 billion.

Controller

Paris, France (2001-2004)

Responsible for financial and administrative functions for a multi-location manufacturing and commercial group of legal entities operating in 5 different countries, including France, The Netherlands, Norway, Germany and Spain.

In preparation for the company IPO, led project driving a global transformation in order to centralize, standardize, simplify and integrate several processes into one business model, including but not limited to comprehensive information systems, structure reorganization and SAP customization.

Directed administrative due diligence and post-merger integration for an acquisition of a manufacturing facility in Eastern-Europe (Romania), including major restructuring of procedures, authorization manuals and SAP customization and developed financial restructuring recommendation for manufacturing plant

Developed and implemented tax strategies in the Netherlands in connection with specific inter-company activities, such royalties and interest, conducted after awarding of multiple Advanced Pricing Agreements (APA) granted by tax authorities.

Tax Planning Sr. Analyst

Buenos Aires, Argentina (1998-2000)

Led tax planning project to design transfer pricing policies at Mexican subsidiary

Constructed financial models quantifying tax implications arising from global expansion plans

Cost Analyst

Buenos Aires, Argentina (1996-1998)

Led cross-functional team conducting benchmarking study for manufacturing units, resulting in identification of $20 mm cost saving initiatives

EDUCATION

University of Texas at Austin, Executive MBA, Austin, Texas, 2016 (Graduated)

Universidad del Salvador, B.S. Accounting, Finance, Buenos Aires, Argentina, 1995

(The Universidad del Salvador (USAL) is a private Catholic university, with its main campus in downtown Buenos Aires, Argentina)

ADDITIONAL INFORMATION

Bilingual in Spanish, Fluent in French and Italian

Work eligibility : US & Italian Citizen

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