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ALVARO CERECEDA

***** ***** ***** *****, ** 33331 aczwm6@r.postjobfree.com USA 954-***-**** US Citizen EXECUTIVE SUMMARY

A highly accomplished and results driven Finance and Operations Leader Leader with extensive multifaceted experience gained in challenging roles within various industries including: Manufacturing, Financial Services, Franchising, Distribution and Technology.

Possesses invaluable cross functional expertise spearheading strategic growth, managing process excellence, overseeing M&A and due diligence as well as delivering reliable financial reporting. Also skilled in a full spectrum of accounting and finance functions with a notable history of turning around, revitalizing and energizing financial organizations. Skilled in the delivery of strategic planning, financial modeling and organizational enhancements while driving strategic growth. Holds a demonstrable track record as a strategic analyst, negotiator and transaction facilitator, with the ability to streamline and manage operational procedures, implement feasible cost cutting strategies while managing cash flow and earnings. Resourceful, ethical, adaptable and hard-working, generates optimal results with an energy and aspiration to consistency deliver desired results.

CORE COMPETENCIES

Entreprenurial Business Partner Strategic Planning and Monitoring

M&A and integration. Excellent leadership and team motivation skills

Skilled in improving processes & procedures Adept at managing Equity/Debt Financing

Treasury and tax planing Acquisition Integration expertise KEY CAREER ACHIEVEMENTS

Gildan:

Supported due diligence and integration of new acquisitions worth $350M

Supported costs reduction initiatives through headcount ratios analysis, routing hours reductions and raw material consumption. Savings

SCI:

Successfully integrated and then divested operations worth $360M

Increased 3% profitability, from 25%, by balancing Product Mix Profitability with selling the same levels

Shaved $1.1M in expenses through staff reductions, outsourcing and sales compensation restructuring

(reduced fixed compensation from 70% to 40% while increasing cap) – sales staff and company reaped revenue benefits within 1st quarter

CFG:

Succeeded in uncovering cash availability in several group’s operations to project annualized savings of

$400K on pay-down debt of nearly $5M.

Garnered $900K in tax advantages after identifying large reserve for bad debt regarding tax liability for operations

Firmed financial and operational growth structures for acquired consumer financial by Bear Stearns private equity arm - $260M in revenue

Anixter:

Broke even after $1M a month bleeding by two rounds of careful cost structure downsizing

Restored financial integrity and increased profitability of operation by establishing procedures to ensure cost estimates were accurate and realistic after identifying $1.2M in underestimated costs Page 2 of 3

PROFESSIONAL EXPERIENCE

GILDAN ACTIVEWARE, Montreal, Canada 2015 to 2016

VICE PRESIDENT OF FINANCE AND ADMINISTRATION $2.6B REVENUE

Overall supervision for cost accounting, treasury, G/L accounting, financial reporting, planning and analysis, and plant controllership for 14 legal entities and $1.4B Conversion cost and raw material

Prepared budgets and forecast for conversion costs and raw material

Oversaw Sales Tax exoneration management

Effectively managed reporting improvement of manufacturing variances to identify impact of changes in rate, efficiency, exchange rate fluctuation

Following long lead absence -proposed new organizational structure that increased productivity and team motivation

SERVICE CORPORATION INTERNATIONAL (SCI), Miami, FL DIVISIONAL CHIEF FINANCIAL OFFICER $200M REVENUE 2000 to 2005 and 2009 to 2015 VP OF FINANCE – Miami Region 2003-2005 (concurrently while CFO)

Provided comprehensive financial management including all accounting, reporting, planning & analysis, pricing, property development, human resources, regulatory & financial auditing

Supervised a team of 3 direct reports an indirectly 80 in 4 different countries.

Spearheaded the creation of Policies and Procedures and achieved buy in from operational management

Increased financial reporting reliability

Performed complex tax planning, industry regulatory and audits

Designed reporting model that enabled company to concentrate on important drivers of business - requiring shorter financing terms and higher down payments and achieved estimated EBITDA/Free Cash flow gap reduction of $3M

Addressed problem of insufficient reserves for bad debt (bad receivables from installment portfolios) by implementing detailed divisional reporting package to meticulously monitor and resolve gap between EBITDA and free cash flow

Repatriated funds based on sound legal and tax counseling

Discovered $15M in unrecognized revenue across division after testing financial statements for SEC 101 revenue recognition compliance

Implemented and monitored SOX requirements increasing the reliability of financial statements RESOURCES GLOBAL PROFESSIONALS, Ft. Lauderdale, Florida 2006 to 2008 CARIBBEAN FINANCIAL GROUP (CFG): CHIEF FINANCIAL OFFICER $100M REVENUE (2006-2008)

Managed all financial reporting and analysis of “carve out” business that had acquired portion of Wells Fargo Financial multinational business (sold to private equity firm headed by Bear Stearns Merchant Banking)

Successfully overhauled accounting policies and procedures

Oversaw Bear Stearns’ auditing processes

Enabled group to identify and acquire never-before realized $125M in collection of consumer loans

Managed relationship with Wells Fargo Financial centralized back office

Recruited, developed and coached the finance team to include Controller, Risk Manager, Project Manager, Treasurer, Internal Auditor, and IT Managers

Coordinated cash flows within the group while conducting the majority of treasury functions

Negotiated audit fees and compile schedule for reporting

Reviewed financial statements and initiate deductible write offs for income tax deductibility purposes

Initiated coherent cash flow system to ensure fund availability for company growth

Captured vital inflow/outflow information from various Wells Fargo locations to be able to quantify sales collections for group

Boosted cash flow by initiating write offs on receivables to enable group to cease estimated tax payments

Provided solutions to stabilize financial statement process analysis including advancing reporting and analysis of balance sheets to off-set group’s prior only concentration on P&L Page 3 of 3

FOOTE CONE & BELDING, BUSINESS DEVELOPMENT M&A $200M REVENUE (2005-2006)

Supported management in streamlining non-profitable operating assets within region

Rectified significant losses within different company operations

Participated in all meetings to decide course of action; either restructuring, partnership with local competitors or complete divestiture

Averted $1.6M in potential losses after negotiating transactions, quantifying proposals and minimizing risk through due diligence while engaging in the process to become minority partner with local companies in the region

ANIXTER INTERNATIONAL INC., Skokie, Illinois 1998 to 2000 VICE PRESIDENT OF FINANCE AND OPERATIONS - LATIN AMERICA $400M REVENUE

Hired to replace separated VP of Finance and Operations and rectify significant balance sheet errors - conducted extensive probe into each area of balance sheet to identify problems

Successfully managed regions’ finances and operations including financial reporting, logistics and warehousing, credit & collections, treasury, planning, external auditing and taxation

Oversaw regions’ inventory distribution out of 10 warehouses

Supervised a team of 6 and provided oversight to 6 regional controllers

Slashed $1M tangible capital by quantifying excess and obsolete inventory

Captured incremental business by financing customer with growth potential, despite weak balance sheet, by proposing securitization of accounts receivable CADBURY BEVERAGES INTERNATIONAL, INC. Ft. Lauderdale, Florida 1992 to 1997 FINANCE MANAGER (1992-1997) LATIN AMERICA $350M

FRANCHISE MANAGER (1995-1997)

Merged operational results from 3 regions using Hyperion reporting software.

Determined areas for profitability improvement and reduction of costs through constant interaction with operations management, review of financials and analysis and comparison of results against budgets/forecasts of defined weakness areas

Created system economics to ensure a fair royalty price so revenues would be sustainable in the long-run

Achieved savings of $750K in Mexico and Chile and enhanced profitability of bottling franchise operations by reducing duties in Mexico to facilitate free trade agreement advantages

Invested savings in marketing of brands, bolstering profits through increased sales combined with reduced cost of operations

Renegotiated favorable fee structure with third-party manufacturing plant resulting in savings of $300K

Selected to manage all franchising bottling operations in Ecuador

Held full P&L responsibility and oversight of product launches, marketing investments implementation and negotiation of all contracts and equipment purchase EDUCATION

University of Miami, Miami, Florida

Master of Business Administration (MBA), International Business University of the Pacific, Lima, Peru

Bachelor of Science, Business Administration

Bachelor of Science, Accounting

OTHER

LICENSURE: Accepted to sit for Certified Public Accountant Exam NETWORK GROUPS: Financial Networking Group, Association for Corporate Growth, National Associations of HMBA’s

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