Sr. Financial Controller and Finance - Global Operations

Alfonso J Romero, CPA, MBA

Orlando, FL, ***** - **************@*****.*** • 786-***-****

www.linkedin.com/in/alfonso-romero-cfo-controller

•Experienced International FP&A Director & Senior Financial Controller hands ON with leadership result-oriented, with proven ability to execute integration and transformation to be a true business partner for the senior management to drive higher profits and returns in the new digital age.

•Experienced in global operations across NAM & LATAM for Fortune 500's, domestic, and private equity companies within the food, manufacturing, distribution, spirit, and aviation industry

•Excellent communication skills and the ability to build strong relationships across multiple functional areas. Strong background in process optimization and financial planning and analysis

•Recognized leadership and expertise in Corporate Finance (M&A and Project Financings), Complex MS Excel Modeling, Investments evaluation, and recommendation based on best returns (NPVs, IRR, ROI)

•Outstanding cross-cultural communication skills with commercial-sales teams, ability and recognized leadership to inspire and motivate people, groups, and customers in situations of significant challenges

•Enthusiastic, bilingual, strategic leader with international finance-accounting skills.

•Expert in execution, integration & transformation, Import & Export compliance background,

•FP&A-Budget-FCST-Actual control for financial discipline to exceed profit goals.

Summary of Skills

Hand ON with team development, let's do it, In charge of goal and deadline-oriented

Multicultural & International.

Strategic Financial Planning, Budgeting, Forecasting, LE – Management Letter

International Experience in eight Latin American countries

P&L–BS-Cash Flow Management analysis,

Revenue Management key accts & Profit Growth

Inventory control and management.

Bank Relationship & TRS execution, Cash Flow projection

ERP Implementation (SAP R3 and OneSAP – Oracle – Hyperion – Open system – WMS – Ecommerce) -Excel- PIVOT

Overseeing the Full Accounting Cycle GL-AR-AP-CF-RPT, including shared services, period closing, deadlines, and audit execution.

Technical US GAAP, IFRS, SOX control, leading external-internal-SOX audits process

CAPEX Analysis-Fixed Asset and M&A

Commodities Valuation

Supply Chain – KPIs & Productivity Score Card

Risk Mgmt., Fx. Management/Treasury, Cash Flow Management

Manufacturing Standard Costing / Milestone WIP costing

Organizational Re-engineering – M&A

Working Capital Management

Staff training, development & retention

P2P, O2C, R2R, ITF RPA, Digitalization, process improvements & system implementations

Running functional finance and accounting departments in collaboration with high-end digital profile teams

M&A - Finance Business Integration-Transformation

Mexican VAT taxes – IMMEX – NAFTA

Professional Experience

XOJET Aviation – Fort Lauderdale - FL,

Director of Finance – Head of Finance, Jan 2020 to Present.

Oversee the business upgrade model to implement SAP, digital food print, shared of services and KPI’s to measure effectiveness and operation.

Ensures the timeliness and accuracy of financial statements including General Ledger and Capital Asset Management for the Part 135 air carrier.

Oversee the daily operations of the Finance/Accounting Department.

Lead the development and monitoring the development of forecast and budget, including reporting of financial information to senior leadership, and front-line managers.

Implementing complete Intercompany setup accounting structure and reconciliation process.

Ensures the timeliness and accuracy of financial records and financial statements.

Supports the monitoring of other non-financial activities.

Lead the integrations post M&A and transformation efforts.

Reports progress made to senior management and front-line managers.

Establishes and maintain the integrity of the cost accounting system by assuring data integrity and appropriate value assignment.

Reducing deadlines for month and year-end closing for financial statements, M&A and other required analysis.

Leads business development projects, project execution from conception to implementation assigned from CEO.

Prepares capital acquisition assessments.

Directed the functions of the finance department and responsibilities, and workflow processes.

Monitors and report resource utilization, direct cost, payroll, supplies and expenses.

Communicates with external and internal auditors to maximize information and efficiency

Cash Flow and working Capital improvement, PPP-PSP

FriconUSA – Atlanta, GA

Senior Finance Director – Corporate Controller, Nov 2016 to 2019

Creating and implementing strategic plans, processes & policies for a $55M manufacturing business in the HVAC industry, with established operations in the USA and managing its expansion into Mexico.

Setup, designed, and implemented business control processes to ensure efficient plant utilization through the implementing and go live EPICOR ERP.

Designed, set up business process, policies & procedures.

Short & long-term budgets based on historical projections and a zero-based budgeting approach.

Designing and executing project to obtain Mexican Free Trade benefits (IMMEX-VAT) improving cash management and production forecast model, ensuring commercial strategy success and increasing US operation EBIT.

Developed banking structure (US & MX) for expanding financing resources,

SBA export facilities, revolving credit lines, cash management systems, SBA – Corporate Banking solutions for long term and short term debt to facilitate business development and growth.

Directly supervised and coordinated all LATAM finance activities, accounting, FP&R, Treasury risk management, exposure audit, legal operation activities by providing regular coaching and training, counseling and communication to associates, interacting daily with numerous departments to create business process culture.

Bunge - MEXICO

Senior Food Sector BU Controller, 2012 to 2015

Directed the control financials encompassing controllerships for all the new acquisitions of wheat, corn, and oil business in México over manufacturing, distribution and trading business.

Direct reporting to North American Controller – dotted line for all US GAAP accounting matters.

Leading Hyperion and SAP BO & R3 ERP's implementation including Sales and distribution modules.

Head of finance to Integrate new business after M&A into the global company platform.

Leader in certifying USGAAP's process and SOX Compliance including currency conversion, consolidation-reporting to HQ, Managing Cash, Account Receivables & credit policy, hedging-exposure, Inventory position, and valuation to accomplish higher returns reducing risk,

Business operation, decision support, financial planning, budget and forecasting, sales-volumes reporting and Control,

CAPEX analysis/approval & valuation DCF,

Leading system ERP Implementation, Internal control, SOX & external audit.

36 direct finance team member supervision.

Megasilants & Megalíneas – Panamá & Costa Rica

Finance Director & Corporate Controller, 2008 to 2012

Regional CFO Caribbean & Central America, 2015 to October 2016

Develop the finance expansion structure to execute a change management plan for the largest Central American Distributor of +30 valued brands and 3.5K SKU's and 125 retail chain using Ecommerce and Direct Sales.

Oversaw controlling & operations' function, resulting in a 30% sales increase with 50% effectivity, plant efficiency by eliminating 3RD shift and zero over time, and SG&A reduction.

Proactively proposed, set up, designed, and implemented business control processes to ensure efficient WMS, O2C – P2P – Accounting through the implementation and go live SAP BO ERP.

Cash management and risk management implementation across LATAM Operation, transfer price structure based on long cash flow.

Senior and Management committee development and Startup to monitor company KPI's performance and dashboard.

Oversaw the Control of the Panamanian Operation and new Central America startups operations.

Lerom International Services Corporation – Miami & Panama

CFO & COO Financial Controller Entrepreneur, 2003 to 2011

Founder and brand design & developing "Mrs. Mendoza's" franchise retail chain within Miami & Central America.

Build and opened six new restaurants for the franchise full-service fast food & liquor services strategically located around the country using the leverage of external brand.

Leadership all external vendor sponsorship & relations ship for all brand marketing image execution.

Managing manufacturing and distribution, commercial sites, and marketing. Lead 70 employees with 30% ROI, sold to investors

Bacardí Venezuela, – Venezuela

Finance Director - Regional Controller, 1999 to 2003

Vice-President of ILSA, Bacardi Investment (50%), Quito, Ecuador

Leading the Startup as Co-founder of the Venezuelan Regional office to lead the operational and financial Control of the Andean Region after purchasing DEWARDS White Label brand.

I have managed all financial operations (Accounting, Treasury, Bank Relations, Audits, and Legal, Collection, Reporting Statutory & Headquarter USGAAP, and distributor negotiations).

Instrumental in risk management initiatives, including the execution of combined financial Hedge with 18 months of inventory before devaluation and Exchange Control, allowing leading the market, been the company's top five profit generator, and increased the market share 10%.

Implementation of Hyperion and Oracle Financial ERP.

Oversaw and execute strategic financial plans to support marketing initiatives after the Ecuadorian financial crisis and dollarization.

Representing Bacardi in the Board of Directors to develop business plan approval, brand portfolio strategies, and investment under crisis management.

We are assisting the Board of Directors to ensure positive Cash Flow, P&L Dividends remittance.

Executed dividends to shareholders above business plan +25% during five straight fiscal years under the Ecuadorian financial crisis.

Intesa PDVSA-SAIC – Caracas, Venezuela

Corporate Controller, 1997 to 1999

Directed the Startup & development of the corporate controllership organization of a USD 250M sales outsourcing new JV organization of 3k employees.

Utilized and led the finance implementation of SAP ERP to support end users/projects (3,600 average) for reporting Control, costing, and invoicing/collection.

Responsible for FABS52 Currency Conversion and Translation for Reporting USGAAP.

Board of Directors Recognition "exceed target accomplishment."

Cargill de Venezuela – Caracas, Venezuela

Financial Markets Treasury Controller, 1992 to 1997

Direct responsible for daily accounting & reporting financial position, B/S, and P&L.

Managed financial control limits and risk management, mark to market valuation reporting of USD 250M financials and liquid assets.150K monthly transactions.

Leader of Intercompany balances and Bank Reconciliations. FABS52 Currency Conversion and Translation for Reporting US GAAP.

Oversaw JDE's modules (Treasury and Cash Management) implementation.

Oversaw the country's consolidation reporting, business units, and operating companies.

Oversaw the reporting of tax planning, MIS-IT project control, planning, budget, and reporting to HQ.

Company's CAPEX Control & reports – DCF analysis.

Honeywell – Caracas, Venezuela

Planning and Internal Controls Manager, 1989 to 1993

Oversaw and Leading the "Open System" ERP implementation,

Ensured company collections in LATAM, USD 30MM, and DSR 32 days, generating USD 5M free cash flow to the region.

Leading the Control with 60 regional projects in 5 markets; actual costs vs. standard cost, company revenue recognition, milestones invoicing Control, and monthly reporting.

Educational Background

Masters in business administration

EGADE School of Business, TEC de Monterrey in conjunction with the University of Texas

Master in Business Administration, Advanced Management

IESA, Caracas, Venezuela

Bachelor of Public Accounting

Universidad Católica Andrés Bello, Caracas, Venezuela

Venezuelan C.P.A – Year 1991

Colegio de Contadores Publicos DF #16.725

CFO: Becoming a Strategic Partner, Training Program

Wharton Management School

Other 12 technical training certification available

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