Diretor Financeiro

• Aug 2022 - Present

Diretor Financeiro

• May 2018 - May 2022

Report: President. Team: 15 direct employeesManager of a Shared Services Center which provides services related to the following functions: Controllership, Accounting (including Taxes and Costing), Treasury, Human Resources, and Information Technology.MAIN ACHIEVEMENTS:• Revitalization of the accounting module of the Protheus system (developed by TOTVS).• Restructuring of the Accounting and Information Technology areas.• Preparation of 2019 Budget (sales, costs, expenses and investments budgets, income statement, balance sheet and cash flow projections) and definition of the corresponding KPIs.• Participation in meetings of the Board of Directors and of the Financial Committee.• Cash flow management with implementation of actions to reduce the need for working capital and financing.• Implementation of procedures for monthly accounting closure, preparation of management reports and compliance with tax obligations.• Management of the "Balanced Scorecard" and implementation of this tool in the administrative areas.• Review of the rules of procedures regarding the main business processes of the Company.

Administrative Financial Director

• Oct 2012 - Dec 2017

Administrative Financial Director (09/2015 - 12/2017)Controller - (10/2012 -08/2015)Reporting to: Global CFO and Global VP of the Environmental Systems Division. Team: 8 direct employeesLegal representative of the company and manager of the areas of Controllership (focusing on Business), Tax, Costs and Pricing, Accounting (revenue recognition through POC method), Treasury and Financial Planning, as well as Human Resources, Information Technology and Legal Affairs (outsourced).MAIN ACHIEVEMENTS:• Structuring of local operation, obtaining tax benefits resulting from the special tax regime (“drawback”).• Implementation of Protheus system (developed by TOTVS).• Revision of processes and establishment of norms of procedures in agreement with Daikin policies and SOX.• Internalization of the bookkeeping functions and structuring of administrative areas.• Implementation of budget control per business unit (7 business units), cost center, and project (adoption of the "percentage of completion" method for revenue recognition in long-term projects).• Preparation of reports on costs incurred by project (baseline, forecast, committed, accomplished, and balance); regular revision of costs incurred and preparation of forecasts with PMs for existing orders.• Follow up of the pipeline of proposals, monthly review of the sales forecast, control on backlog and its changes by order.• Monitoring the proper follow up on claims and back-charges related to existing orders.• Negotiation with clients for recovery of accumulated tax credits and back-charges of projects.• Reports on incoming cash flow for all orders including overdue status, analysis on current risks, tax issues, financial reporting, accounting, and project financing requirements.• Partnership with the commercial area in the preparation of commercial proposals (legal, tax and cash flow revision).• Analysis of manufacturing costs, calculation of the price listing, inventory management and controls.

Controller

• May 2010 - Oct 2012

Reporting to: Business Development Director - Latin America. Team: 2 direct employees Start-up of the company in Brazil, responsible for the areas of Administration, Accounting, Treasury, Accounts Payable, Accounts Receivable, Payroll, Supply Chain (Logistics and Supplies), Stock and Legal Affairs (outsourced).MAIN ACHIEVEMENTS: • Implementation of budgetary controls analyzing variations between actual and budgeted performance, as well as defining action plans to assure planned profitability.• Implementation of an ERP system (WK Radar).• Implementation of internal controls so as to assure the quality of accounting information and operational efficiency.• Obtaining of the register as importer and as exporter with the SECEX, as well as access to the SISCOMEX system.• Purchasing planning, order placement with suppliers abroad and monitoring of importing processes until the storage of the goods in Brazil, cost analysis, calculation of price listing, management and control of the inventories.

Finance Manager

• Jun 2009 - Apr 2010

Reporting to: General Manager Team: 3 direct employees Start-up of the company in Brazil. Responsible for the areas of administration, accounting, financial, payroll and imports.MAIN ACHIEVEMENTS:• Establishment of a branch to store drugs in tandem with the general storage facility, definition of Standard Operating Procedures (SOPs) ratified by ANVISA to receive, store, pick, invoice and ship drugs.• Structuring of the administrative-financial area defining and formalizing processes referring to the main business cycles (purchases, accounts payable and payments; sales, accounts receivable and receipts; payroll). • Implementation of budgetary controls analyzing variations between actual and budgeted performance, as well as defining action plans to increase revenue and reduce expenses.

Finance Manager

• Mar 2006 - Jun 2009

Reporting to: "Americas Controller" and "LA Sales & Marketing VP". Team: 6 direct employees Responsible for the areas of administration, accounting, financial and payroll in Brazil and Argentina.MAIN ACHIEVEMENTS:• SAP Implementation.• Reduction of tax risks by revising and correcting tax obligations (income tax, CSLL, ICMS, PIS and COFINS) of the last 5 years.• Implementation of norms of procedure for the main business cycles according to Corporate Policies and SOX.• Implementation of budgetary controls, analyzing variations between actual performance vs. budgeted expectations, approval and monitoring of expenses with marketing campaigns. • Monitoring of inventories in distributors, calculation and approval of rebates, credit analysis, proper classification of marketing expenses according to USGAAP and SEC rules.

Branch Controller

• Jul 2005 - Mar 2006

Reporting to: Controller Americas located in Chicago. Team: 8 direct employees.Management of the following areas: facilities, accounting, accounts payable and accounts receivable, logistics & supply chaing (including imports), inventories, and payroll;MAIN ACHIEVEMENTS:• Revision of the pricing list in order to improve company’s profitability and ensure compliance with transfer pricing rules.• Revision of service agreements with the main clients in order to improve local profitability.• Reduction in tax risks as a result of the review of the annual tax returns and other tax and statutory obligations relating to the last five years.• Improvement in the accuracy of the accounting reports as a consequence of adjustments resulting from the reconciliations of all accounting balances with the corresponding auxiliary and parallel controls.  • Improvement in sales, costs, and expenses controls by the implementation of a budgetary control; • Completion of an ERP implementation (Microsiga).

Senior Financial Controller

• Jun 2004 - Jul 2005

Reporting to: the President and main Quotaholder of the Company (located in Joinville/SC Brazil). Team: 6 direct reports (coordinators) and approximatelly 35-40 indirect reports. Management of Dânica Corporate Administration, a shared service center that used to render accounting, financial, HR, legal, logistics & supply chain, IT, and marketing services for all Dânica units in Brazil, Chile, and Uruguay.MAIN ACHIEVEMENTS:• Implementation and management of the corporate administration division that used to render accounting, finance, human resources, logistics & supply chain, IT, and marketing services for all Dânica Group (including entities in Uruguay, Chile, Recife, and Joinville);• Revision of managerial reports in order to give more visibility to the results of each business unit;• Leadership in "Working Capital Needs Reduction Program" that involved several activities to reduce accounts receivable and inventories and increase accounts payable;• Improvement in the relationship with banks.

Senior Financial Controller

• Sep 2002 - Jun 2004

Reporting solid line to: the CFO (located in Helsinke, Finland) and dotted line to the Country Manager (located in Brazil). Team: 8 direct reports. Management of a shared service center, responsible for the preparation of managerial reports (budgets, forecasts, actuals x budgets x forecast, and cash flows) by Project and Business Unit (5 different business units), responsible for the ERP (Baan) implementation, revenue recognized by POC method. MAIN ACHIEVEMENTS:• Implementation of the ERP system (BAAN) that integrated the modules used in all areas of the company (tax, accounting, accounts receivable and payable, treasury, purchasing, sales, payroll, project management, manufacturing, inventories, and service management) in compliance with all local legal requirements.• Implementation of norms of procedures that allowed the company to improve the safeguard of the its assets, to improve its operating efficiency, and to generate more appropriate (accurate) accounting information.  • Merger of a related company located in Sao Paulo that allowed the Company to optimize its performance in Brazil through the maximization of the usage of its human and financial resources.  • As part of a tax planning, opened a manufacturing branch in the State of Bahia that allowed the Company to reduce the taxes in one of the larger projects managed by the Company.• Preparation of managerial reports (budgets, forecasts, monthly reports including analysis of variations, and cash flow projection) by project and business unit (5 BUs).• Revenue calculation based on POC method.

Auditor

• Aug 1993 - Sep 2002

Auditor Manager: from Sep/01 to Sep/02. Acting Manager: from Sep/00 to Sep/01. Supervisor Sr: from Sep/99 to Sep/00). Supervisor: from Sep/98 to Sep/99. Senior: from Sep/97 to Sep/98.Semi-Senior: from Sep/96 to Sep/97. Assistant B: from Sep/95 to Sep/96. Assistant A: from Sep/94 to Sep/95. Trainee: from Aug/93 to Sep/94. Reporting to: Audit partnersMAIN ACHIEVEMENTS:• Management of simultaneous auditing works mainly in manufacturing companies.  • Preparation of the audit plan for all audit projects in agreement with the professional rules and company’s policies and monitoring the progress of the works in comparison to the plan and reporting to the customer about the status.  • Analysis of technical accounting and auditing issues raised by the audit teams and identification of opportunities to improve the customer’s performance.  • Supervision of team members under his responsibility.  • Preparation of audit reports.  • Review of the work papers prepared by the teams as the sufficiency of the evidences obtained and corresponding audit conclusions.  • As in-charge of audit teams, he developed great leadership in team works and experience in the development of work plans (time tables, forecasts, etc.), definition of responsibilities, revision of the course of the works, solution of technical accounting and auditing issues, preparation of reports in agreement with national, international (IAS/IFRS), and north American (USGAAP) accounting principles, feedback to the customer, superiors, and other members of the team about the status of the works and identified points, and elaboration of proposals.