Finance treasury manager

- Streamlined the Country Financial Department (Treasury and Trade Finance Advisory) for Venezuela, Uruguay and Trinidad & Tobago, successfully bringing customized financial solutions to each country.
- Optimized the bond issuances alternatives, negotiating new guarantee facilities while improving the involved release process, ensuring the compliance of the legal environment but applying a clever interpretation.
- Articulated a reliable solution for a liquidity problem, finding new lending sources, establishing dynamical clauses but simultaneously covering fiscal impacts.
- Leaded the negotiations to replace our banking partner, including a new in-house branch with zero cost for the company (even under an extremely stagflation situation).
- Assisted the spin-off process of the Healthcare and Mobility Business (Venezuela & Uruguay), providing accurate financial recommendations and establishing separate banking & guarantee facilities for each entity.
- Negotiated the substitution of the counter-guarantees which support credit lines in Venezuela (dealing with country risk factor barrier), implementing completely new instruments.
- Obtained new long-term duration in hedging positions for Uruguay projects, negotiating specific modifications in our indemnity clause.

- Managed the Treasury responsibilities for Venezuela, Uruguay and Trinidad & Tobago, effectively driving the financial activities inherent to each particular country, based on the Austral Andean Cluster.
- Defined a FX strategy and hedging levels for every country and each entity, obtaining valuable solutions (roll-overs) for the covered positions.
- Negotiated funding alternatives, implementing new counter guarantee mechanisms, increasing and ensuring the company credit lines.

- Directed the Country Financial Department (Treasury and Trade Finance Advisory) in a multi sector business of $500 million annual revenue, performing a suitable cash-flow control & merging BU needs with HQ guidelines.
- Conducted internal and external negotiations, setting up several guarantee facilities, but always respecting the company policies and guidelines.
- Oversaw the Regional Guidelines implementation for the existing (3) legal entities, taking over the consolidated control of the Treasury operations and fulfilling the Finance Bundling process. (Co-writer of Cash-On-Hand guideline for South America region).
- Duplicated the credit lines of the company, simultaneously reducing more than 50% of the bank accounts.
- Optimized funding needs by cutting down the financial cost in about 70% and reducing superfluous spending.
- Negotiated the opening of an in-house BBVA branch with zero investment from the company.
- Surpassed the Regional Audit Review performed by the Corporate Monitor, as well as successfully completed Annual Local Audit and Compliance processes.
- Developed an innovative financial model for the company by finding new hedging structures and determining new KPIs.

- Managed the Treasury Department in a business of $300 million annual revenue by controlling funding requirements, payments process and foreign exchange requests (under a strict local FX constraints).
- Developed a useful semi-automated cash-flow and bank liquidity reports.
- Secured hedging needs by devising a feasible exchange option via brokerage houses (Security Swaps).
- Reduced the days payable outstanding (DPO) in more than 50% by establishing clear KPI's to improve the free cash flow.

- Improved the Treasury Department in a business of $500 million annual revenue monitoring and debugging the former KPI’s to keep under control the deviations from the Cash-Flow Forecast and the real CF.
- Supervised the foreign currency requests, obtaining an approval rate around 80% and allowing the company to keep a suitable Inventory Level.

► Leaded the creation of the Treasury Department in a business of $200 million annual revenue by establishing clear basic guidelines and recruiting the required personnel for the responsible areas.
► Increased the collections of the company by reducing the days sales outstanding (DSO) in more than 40% after only 6 months.
► Implemented an automated Cash Flow report (diary), detailing classified income and outcome headings. 

► Coordinated the Treasury Department in a business of $200 million annual revenue, by supporting the financial management through controlling real cash-flow vs. forecast.
► Completed hedging operations by analyzing FX fluctuation and negotiating with banks the required trades.
► Controlled the account payables schedule, successfully fulfilling suppliers requests and taxes requirements.
► Assumed the department direction after the Treasurer left the company without any replacement, by keeping an optimal performance and fulfilling all the responsibilities in scope.
► Fostered credit&collections department activities, performing internal committees and keeping optimal communication with external customers.