Finance Manager Cost Analyst
Resume:
MBA. Gerardo Kiev Rivera Rojas.
**********@*****.***
Finance Manager with 20 experienced years in manufacturing and services transnational industries. Proven skills in Strategic Planning, Financial Planning, Controlling, Shared Services, Manufacturing costs, SOX, P&L and BS management, IFRS, Policies and Procedures design and deployment, Financial statements preparation. Strong leadership, planning and organization, analytical, results oriented my principal skills.
PROFESSIONAL EXPERIENCE:
March 2019 – Current.
Grupo Trafimar – relocation services. Mobility and 3PL Business.
Director of Finance and Accounting
Direct responsible of define and achieve financial goals. In charge of a shared service platform supporting fifteen legal entities. Monthly results reporting and deployment of policies and procedures for Accounting, AR, AP and inventories. Multiple project valuations of lease, optimize operation and controls. Legal representative. Collaborate and counsel to other key areas to ensure the goals accomplishment.
Achievements:
Deployment of a shared service platform supporting fifteen legal entities.SLA deployment. Policies & procedures standardization.
Implementation of Intelisis (ERP) across all the Group.
Inventory optimization through control deployments and physical inventories program.
Bank operation optimization (Accounts reductions, shared services deployment).
Cash flow optimization based on weekly cash forecast and invoicing of services revision.
April 2013 – January 2019.
Rheem de Mexico – residential and commercial water heaters. Heating and air conditioning equipment.
Finance Manager
Responsible for design and deploy mid and long term finance strategy across the functional areas. Accountable for achieving financial goals (Segmented sales, contribution margin, EBIT and cash flow). Supporting the accelerated business expansion from USD $20M to $60 M. Prepare monthly financial reporting and analysis. Consistently and accurate metrics reports and analysis to collaborate and counsel to other key areas to ensure the goals accomplishment. Financial review/analysis of proposed capital projects. Responsible for Accounting, AR, AP, costs, internal control and IT. Matrix reporting to Mexico and Atlanta headquarters. Five direct reports.
Achievements:
Turnaround on an accelerated business growth over the last five years obtaining a CARG of 29% on Net Sales and 35% on EBIT.
Deep understanding of customer needs and operations to generate effective collection strategies resulted in AR reduction by USD $ 4 M. To become a key partner for strategic customers. DSO improvements by 30 days and past due reduction from 28% to 12%.
Assess and manage the full key customer background information to avoid failure to pay, providing guidance and training to commercial teams. Generate risk management strategies with the trade credit insurance to increase the borrowing capacity to boost sales and profitability.
Successful train and promotion of four team members to lead high performance teams (Invoicing and Inventories) supporting the business accelerated expansion.
Implement a successful VAT reimbursement program to recover USD $ 5 M in one year. Coordinating strategic actions with PwC and fiscal authorities, providing corporate with progress updates.
Lead Warehouse Management System deployment project to accomplish product serialization and inventory controls. Reduce inventory edge, excess and obsolete levels by usd $ 500K.
Coordinate locally and within headquarters the 5-Year Strategic Planning Process.
Successful transition of the distribution center and 3PL partner ensuring internal controls, as well as $ 2M savings on inventory management costs.
August 2012 – February 2013
Brightstar de México (Temporary Position) – technology company.
Financial Planning and Costing Manager
Responsible for design and integrate yearly Budget and performance indicators update and follow up.
Achievements:
Financial Analysis to improve margins across main operators (Iusacell and Telefonica) by usd $48M.
Responsible to define the new service strategy for the company that contributed 70% of total margin.
July 2009 - February 2012
Levi Strauss Mexico- retail. Serving to wholesalers, franchises and a chain of 16 owned and operated stores commercial channels.
Finance Manager.
Development and achievement of financial goals, providing strategic and financial partnership to the business focused on improve profits and objective accomplishments for bottom line and working capital improvements.
Prepare monthly financial reporting and analysis by commercial channel. Financial review/analysis of proposed capital projects. Responsible for Accounting, treasury, AR, AP. costs and 16 own operated stores. Matrix reporting to San Francisco.
Achievements:
Design, lead and execute the financial Mexican operations migration to a Shared business platform located in Oregon US. Generate receptiveness and negotiate with corporate Directors to ensure successful transition of Accounting, AR and treasury operations to US. Generating MXP $ 2M savings. Ensure local management understanding and acceptance of procedures and controls aligned to Corporate.
Development of a specialized finance team to manage 16 retail stores (Opex USD $3 M and Capex $1.2 M), obtaining USD $ 370K savings, stablishing financial metrics and Budget process deployment. Financial model deployment, to assess new stores in Mexico City by USD $2.2 M.
Financial responsible for the new distribution center opening in San Martin Obispo MX, with an investment of USD $ 7.2 M. Lead the financial analysis to obtain the headquarters approval. Foster local teams to deploy internal controls and procedures aligned to other DC’s.
January 2008 – April 2009
Grupo Peñafiel – beverages.
Customer Solutions Sr. Manager
Responsible for Accounts Receivable, Treasury and Payroll departments.
Achievements:
·Guide the team to reinforce internal control environment. Deploy policies and procedures to obtain SOX certification on Order to cash, procure to pay and payroll.
·Foster the team to identify and execute projects to obtain cost-reduction plans on daily operational process (fleet control, mobile communications). Bank accounts reduction from 140 to 65. Savings by usd $ 100 K. Outsourcing payroll project within 2,400 employees obtaining savings by usd $ 60 K.
·Deep understanding of customer operation to generate effective AR improvements by usd $2.1M (MT, TPD Channels). Promote and communicate policies & procedures to commercial teams. Work with control desk to ensure delivery evidence returns in MT channel to reduce collection time from 30 to 15 days. DSO improvements by 20 days.
March 2006 – December 2007
BASF Mexicana – Chemical company.
Corporate Planning & Controlling Manager.
Responsible for Budgeting and forecasting the Shared Services for Mexico and Central America and deliver the costs to all Business units. Monthly financial analysis presenting results to the Board of Directors. Profitability recovery projects (follow up and validation).
Achievements:
Balanced score card and Cognos deployment facilitating Company financial management.
Finance, Supply Chain and HR integration within three business units on budgeting process. Achieving budget ownership of usd $100 M and a reduction in opex by usd$ 3 M implementing Hyperion software.
Improve monthly analysis and explanations trough monthly communication and networking between business controllers.
March 2004 – March 2006
Avery Dennison – Pressure sensitive materials leader manufacturer.
Controller
Lead accounting, manufacturing cost, fixed assets, accounts payable, reporting process to headquarters and tax activities. Lead the financial annual Audit (PwC), tax and SOX requirements. Attention to internal audits from corporate. In charge of Sarbanes Oxley controls implementation in all finance cycles. Lead annual Budget and forecast for commercial and industrial. Determine P&L, balance sheet and financial figures indicators (EVA, Inventory Turns, DSO, DPO). Strategic planning accountability, saving plans.
Achievements:
Obtain SOX certification for one manufacturing plant and three DC s. Achieving best practices recognition from headquarters.
SOP process deployment to reduce obsolescence inventory up to 40%.
Development of an automated tool for daily sales and margin tracking objectives, to guide the commercial team in their understanding of profitable products and to reduce 80% of variance against forecast.
March 2002 – March 2004
Bonafont SA - beverages
Financial Planning Supervisor
Deployment of JD Edwards manufacturing module, mitigating usd $1.2 M from inventory adjustments.
March 1995 – March 2002
Wyeth SA de CV – Pharmaceutical.
Financial Planning Coordinator and Cost Analyst
Hyperion Pillar implementation (Financial Planning software) and automate the planning process.
Development of an automatic control expenses process in JDE reducing variations by mxp $ 3 M.
EDUCATION:
ITESM CEM EGADE BUSINESS SCHOOL 2005
MBA
Escuela Bancaria y Comercial 1993-1997
C.P.A
U. Iberoamericana / ITESM 2008-2009
Graduate in managerial skills
Avery Dennison
Certified Six Sigma Green Belt 2006
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