Financial Planning Accounts Payable

Experience

FINANCIAL DIRECTOR (April /**** - June/2023)

INETUM HOLDING MEXICO, S. A. DE C. V. Leading IT developer in Europe and Latin America.

• In charge of 6 group companies in Mexico and Panama.

• Led financial planning processes and strategic plan, partnered with company leaders on their financial planning and results.

• Prepared consolidated financial report to the corporate office in France.

• Responsible for monthly financial close, ensuring financial compliance and proper accounting books and records.

• Adhered to corporate policies for fulfillment of objectives and strong alignment to corporate values.

• Responsible for issuing financial statements, accounting cycle, taxes, treasury, budget and forecast, revenue recognition.

• Oversaw long-term budget planning and cost management in line with the company's strategic plan.

• Implemented and monitored internal controls to ensure the integrity of the information, as well as the safeguarding of assets and compliance with corporate policies and legal and tax regulations.

• Oversaw compliance with IFRS and relevant regulatory requirements.

• Prepared and monitored monthly cash flow and prepared forecast cash flow.

• Negotiated and managed lines of credit with financial institutions.

• Managed accounts payable to promptly comply with suppliers and other payments to third parties.

• Developed high performance finance team and built strong working relationships with other company’s functions.

• Handled payroll payment of around 1,000 employees.

• Determined profit margins measured vs budgets, analyzing deviations.

• Coordinated and supported all external and internal audits.

• Improved the level of automation involved in generating standardized reporting through collaboration with IT.

• Implemented and monitored KPIs in the financial area.

• worked collaboratively and respectfully toward resolving obstacles and conflicts. FINANCIAL DIRECTOR (August / 2017- November 2017)

ESRAWE STUDIO (HE DESIGN, S. A. DE C. V. AND TEAD, S. C.) Interior design and furniture manufacturing company.

• Prepared biweekly Cash Flow and planned obtention and application of the resources.

• Determined profit margins and break-even point for different projects.

• Consolidated the group financial statements and prepared results by division.

• Compared actual results vs objectives, analyzed and explained the variations of different components.

• Implemented, evaluated and improved administrative policies and procedures.

• Prepared the information to be delivered to an external accounting firm for processing, as well as the review of the financial statements issued.

René Hernández Gamboa

Certified Public Accountant

Mobile: +52-55-814*-****

E-mail: ********@*****.***

Mexico City, 03100

• Controlled all financial and administrative areas, such as: accounting, taxes, accounts receivable, accounts payable, intercompanies, inventories, production costs, review of orders, purchase orders and quotations, fixed assets, treasury, income, expenses and capex.

• Coordinated with the legal area for the issuance of minutes. Agreements with key customers and suppliers.

• Direct supervision of nine people.

FINANCE CONTROLLER (August/2013 – May/2017)

ROTORK SERVO CONTROLES DE MEXICO, S.A. DE C.V. Public UK Corporation, manufacturing actuators equipment, electric and pneumatic.

• Prepared and presented the annual Budget before the Corporate Board for approval in the New York facilities.

• Discussed in monthly conferences with headquarters in Bath, UK, the results and financial position along with the evaluation of the financial performance and weekly calls to discuss significant issues.

• Advised the CEO with business cases, tax and financial strategies and improvement or changes of existing policies.

• Reviewed budget and forecasts performance to take appropriate timely actions when deviations.

• Evaluated profitability of projects to allocate proper resources.

• Implemented policies and procedures to ensure compliance with corporate policies, promoting standardization and simplification.

• Analyzed current and past trends in key performance indicators, including areas of revenue, cost of sales, expenses and capital expenditure, providing accurate and timely financial recommendations to management for decision making purposes.

• Managed and controlled the cash flow.

• Improved processes and controls from internal audit recommendations.

• Assured quality of financial statements under Mex GAAP and IFRS.

• In charge of the administration and finance team, reporting to headquarters in UK. Responsible for accounting, annual and monthly taxes, banks, inventory, customs, fixed assets, accounts payable and receivable, intercompanies, deferred taxes, payroll and the administrative area.

• Issued monthly financial statements reporting to headquarters, preparation of periodic forecasts, compliance with internal audits and liaison for external audits.

• Responsible for obtaining and allocating financial resources according to the business goals, implemented and monitored internal controls to ensure that each process complies with the relevant authorizations and reviews, negotiations with service providers.

• Handled ERP Microsoft AX Dynamics.

ACCOUNTING MANAGER (January/2003 – July/2013)

RUSSELL BEDFORD MEXICO, S. C. International Accounting and Audit Firm.

• In charge of about 25 international and domestic companies, either developing the accounting service in our office or at the client s office.

• Responsible for the accurate and timely issuance of financial statements; calculation of federal and local taxes and the reporting for the abroad companies. Handled US GAAP, IFRS and Mex GAAP (Revenue recognition, deferred taxes, currency translation of financial statements, recognition of inflation, etc.).

• Supervised all accounting activities such as: General ledger, bank reconciliations, A/R, A/P, Inventories, Fixed Assets, tax calculation, etc.

• Monitored and improved established internal controls.

• Attended regular meetings with directors and business owners to analyze their financial statements and tax figures to help them make the best financial decisions.

• Overseen 20 people. Handled the ERP system iScala and SAP. ACCOUNTING MANAGER (April/1998 - October/2002)

CAMBRIDGE CONSULTING, S. C. Financial and administrative firm for a domestic bakery ( El GLOBO)

• Responsible for monthly financial close and all the accounting process to generate insightful financial information.

• Provided detailed and timely financial reports covering revenues, costs, profits, bank reconciliations, clean balances and other financial results.

• Led and monitored strategic projects.

• Assessed internal controls and operating efficiency of business units throughout the organization by evaluating key financial figures and operational processes.

• Handled the accounting software Contasyc and Nominsyc. SENIOR AUDITOR (February/1990 – August/1996)

PRICE WATERHOUSE, S. C. Audit firm (Big 4)

• Responsible for the audit of international companies, issued financial statements under Mex and US GAAP, reviewed all operative areas such as cash, accounts receivable and payable, inventories, fixed assets, affiliated companies, taxes, equity, revenue, expenses, etc.

• Provided insightful recommendations with regard to enhancing current policies and procedures.

• Prepared annual tax report for the companies reviewed.

• Upheld the firm's code of ethics and business conduct.

• Supported teams to disrupt, improve and evolve ways of working when necessary. Education PUBLIC ACCOUNTANT –1990

National Autonomous University of Mexico

TECHNOLOGY ENTREPRENEURSHIP– Course in progress

Harvard University

Certification CERTIFIED PUBLIC ACCOUNTANT degree granted in September 2007, by the Public Accounting Mexican Institute (IMCP). Certificate number 12966. Languages Advanced English level

TOEFL; IELTS

Cambridge First Certificate

English courses in Sacramento City College, California, USA. Spanish (Native)

Skills Proficiency in Windows and Microsoft Office (Excel, Word, Power Point), Internet, handled ERP AX Dynamics. Knowledge of IFRS and US GAAP Strong business acumen and technical knowledge of finance, initiative to work independently, negotiation skills, self-motivated, strong analytical and problem recognition and solution skills, attention to detail and accuracy, quick learner, teamwork and goal oriented, resilient mindset.

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