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Francisco Max Alfaro Marchelly

Urbanización La Gloria, Block A2, Casa 22, Mejicanos, San Salvador

(503-****-**** adax2g@r.postjobfree.com

Professional summary

Leader who transfers the business strategy into benefits, looking after the best interests of partners, customers, employees and the public. Used to shape and lead high performance management teams. Dedicated to creating and maintaining a reputation built on quality, service and values. Work History

Regional Finance and Administration Director.

USAID Project for Human Rights and Democracy

Pan American Development Foundation, USAID Contractor 04/2019 Current

Role: Partner with the COP to ensure the project is managed in accordance with USG and PADF policies, regulations and procedures. This includes but is not limited to the following:

• Develop financial and operational planning.

• Support Country Directors in the preparation of annual budgets and monitoring of the monthly budget execution.

• Report the progress in financial execution to USAID El Salvador and PADF HQ.

• Develop, along with the Project Director and the HQ staff, annual updates of purchases, finances and personnel policies and procedures.

• Function as liaison with the PADF Donations and Contracting Director and the USAID El Salvador OAA staff in the design and execution of approval processes consistent with OMB circulars, USAID regulations and other relevant legal requirements.

• Facilitate clear communication channels between the team and maintain communication with the financial management team of Washington DC.

• Supervise financial management processes, including administration of donations and accounting, ensuring compliance with USG regulations and the countries where the project operates.

• Lead a regional team of accountants, financial assistants, administrators and other support staff.

• Support the administrative and financial staff of the country offices (Mexico, Guatemala, Honduras, El Salvador and Nicaragua), ensuring compliance with USG and PADF regulations and processes.

• Train associated organizations in accounting processes and financial administration when appropriate and necessary.

Sr. Finance and Administration Manager.

USAID Project for Higher Education for Economic Growth Research Triangle Institute, USAID Contractor

01/2015 04/2019

Role: Partner with the COP to ensure the project is managed in accordance with RTI policies and procedures. Ensure the integrity of the financial data and systems to ensure all costs incurred are reasonable, supportable and allocable. This includes but is not limited to the following:

• Review and submit monthly financial statements (including bank reconciliations, expenses, receivable and payables).

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• Prepare monthly, quarterly and annual expenditures reports and prepare pipeline estimates for the project.

• Manages and analyzes financial performance, forecasts and budgetary constraints.

• Monitor budgetary performance of subcontractors

• Prepare biweekly cash requirements and monitors cash flow to ensure timely reconciliation of cash accounts in order to maintain appropriate cash balances.

• Work closely with the Procurement Specialist and project team to ensure contractual and financial integrity of project’s procurements, inventory control and tracking of project equipment

• Ensure timely submission of VAT Claims to USAID

• Work with program staff to ensure program deliverables are completed in a cost-conscious manner.

• Manage personnel (labor and employee relations, leave absence, performance management, recruitment & hiring coordination, and worker’s compensations, etc.)

• Supervise the following positions: Grants Manager, Administrative Assistant, and Accountant.

• Ensure Segregation of Duties.

Main achievements:

• Design and implementation of the Procurement Tracking System, speeding up the accounting and audit processes.

• Design and implementation of the Program’s Payroll System that includes Accounting System Integration.

• Design and implementation of a Document based Grants and Leverage Tracking System using Microsoft Office.

• Create Grants and Scholarships Dashboards using QuickBooks and Microsoft Power BI. Executive Director.

Fundación Salvadoreña para el Desarrollo (FUNSALDE) WorldVision International’s Microfinance Institution 08/2008 01/2015

Role: Lead the foundation to achieve the purpose, strategy and organizational policies approved by the Board of Directors and the partnership of WorldVision International and VisionFund International.

• Lead the Executive Team in business discussions and decisions involving the vision and strategy, organizational level decisions, standardization of best practices and monitoring of global projects.

• Strengthening the organization financial performance to increase its sustainability, improve its credit access and become more attractive to investors and donors, providing support for the portfolio growth.

• Oversee the administrative, legal and financial functions for the organization and government entities on WorldVision International, VisionFund International and donor partners.

• Conduct periodic assessments of risk and quality control to evaluate compliance with the requirements and to identify potential gaps in policies, procedures and business processes.

• Develop strategies to improve the non-productive portfolio, decrease the delinquency portfolio, maximize recoveries and minimize losses.

Main achievements:

• Introduction of technology in credit recovery systems to minimize payment processing time and generating information for decision making.

• Obtaining new resources via donations received from United States and Canada to the opening and expansion of services and lending in areas of influence of Area development programs of WorldVision El Salvador.

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• Opening of 4 mini branches in Area development programs of WorldVision El Salvador and 1 new branch in the eastern part of the country.

• Improve working with WorldVision in El Salvador reflected a change in rating from "D" to "B". Corporate Finance Manager.

Galvanizadora Industrial Salvadoreña, S.A. (GALVANISSA) Central American Corporation dedicated to manufacture and distribution of construction materials.

08/2005 07/2008

Role: Manage the resources of the commercial group to maximize the profitability of the group, providing adequate and timely management information for strategic decision-making to address.

• Assist the Group's management with technical recommendations for strategic decision-making.

• Manage the budget of the Group at the corporate level.

• Managing the management information system.

• To ensure more cost-effective funding for the group.

• To consolidate the financial statements of the group.

• Effectively manage accounts receivable.

Main achievements:

• Decrease in financing costs from the restructuring of liabilities group.

• Extension of lines of credit for working capital and import of raw materials.

• Standardization of information at the Central American level systems.

• Standardization of accounting systems at the Central American level.

• Design and implementation of system of consolidation of financial statements for the entire commercial group.

Finance and Planning Manager.

Banco Uno, S.A.

Central American commercial bank.

06/1995 04/2005

Role: Prepare budgets and projections of results of the Bank based on the strategic plan, follow-up on the financial statements to ensure the achievement of the goals established by the direction of the Bank and the Central American Holding.

• Assisting the CEO in all quarterly results presentations before the directive Board of the holding company and replace him in cases of disability or absence.

• Attend the Board meetings and report the results of the Organization on a regular basis.

• Support the Board of Directors and the Bank's Executive Committee with technical recommendations for strategic decision-making.

• Overseeing the departments of accounting and treasury.

• Member of Regional reengineering team of Grupo Financiero Uno.

• Ensure compliance with the legal regulations laid down by law, government regulations or by policies established by the group holding company for the Bank. Main achievements:

• Member of the design team and implementation of the management information system of customer Top 1500 for Grupo Financiero Uno.

• Creator and implementer of the activities cost based system for the banks of Grupo Financiero Uno.

• Optimization and standardization of processes in all the banks in Central America and Panama. 4 P a g e

• Creator and implementer of the management model of financial reports to the banks of Grupo Uno. Money Desk Head.

Banco de Comercio, S.A.

Salvadoran commercial bank.

06/1985 06/1995

Role: Meet the requirements of reserve of the Bank, maximizing short-term surpluses and minimizing the costs of coverage deficiencies.

• Coordination of the operations of short-term funding.

• Negotiation of interbank lending.

• Negotiation of transactions on the Salvadoran stock exchange. Logistic Head.

Servicio Agrícola Salvadoreño, S.A.

Agroindustry goods distribution.

01/1982 05/1985

Role: Manage inventories across the enterprise, ensuring their availability at all points of sale. Accounting Assistant.

Servicio Profesional Administrativo.

Accounting Office.

01/1979 01/1982

Role: Provide support for processing transactions into accounting system for different office clients. Education

Bachelor’s degree in Business Administration

Universidad Centroamericana José Simeon Cañas.

1983 1991

High School Title on Commerce and Administration

Nuevo Liceo Centroamericano

1980 1982

Languages

Spanish 5/S 5/R

English 5/S 5/R

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Profesional Development

Organizational Leadership Diploma Instituto Técnologico de Monterrey

Regional Leadership Development Program WorldVision Latin America and the Caribbean Regional Office

Yellow Belt Lean Six Sigma WorldVision International Global Center

Christian leaders at all levels WorldVision El Salvador

Leadership and Management in public

health for the 21st century

WorldVision El Salvador

Technological tools of support for

microfinance institutions

FUNDAMICRO

Designing and Implementing OLAP Solution

Using Microsoft SQL Server

Microsoft

Techniques of adjustment and correction

for variations by inflation

Corporación de Contadores de El Salvador

Financial planning of short-term with

microcomputer

INCAE

Financial analysis and projects evaluation Banco Centroamericano de Integración Económica

Bourse Game CITIBANK Professional Development

Center

Operations at the Salvadoran stock

exchange

Bolsa de Valores de El Salvador

Professional references

Ing. Francisco Suriano Chon Him Finance Director GALVANISSA 2212-7700 Don Federico Parker Soto CEO PuntoXpress 2528-0600 Yolanda Martínez de Medrano Economic Growth

Specialist

USAID 7729-3684

Ing. Oscar Ramirez Smith Helados Rio

Soto

2231-3705

Lic. Laura del Valle Directora Nacional WorldVision El Salvador

2261-9800

Lic Joselyn Orellana Regional Human

Resources Director

Plan

International

7930-6170

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