J Ricardo Rodriguez Diaz

Associate Director at Trending Business Advisors
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Contact Information
us****@****om
(386) 825-5501
Location
Mexico City Metropolitan Area, MX
Languages
  • Italian Limited working proficiency
  • English Full professional proficiency
  • French Elementary proficiency
  • Spanish Native or bilingual proficiency

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5.0

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Jorge Paniagua

Ricardo has senior experience in administration and finance issues, he is an excellent boss, someone you can trust and with high levels of responsibility. A person focused on results.

Hugo Tenorio Mourão

It was a real pleasure to work together with Ricardo Rodriguez, who was an excellent CFO at Coface for a long period. His knowledge is vast and he is always open to discussion if the objective is to find real solutions to the problem the team could be facing. Thanks to his empathy, he has great relations with the team. On account of his mature approach to his responsibilities, I often thought of Ricardo Rodriguez as a professional I could count on to get the job done.

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Credentials

  • Six Sigma Foundations
    LinkedIn
    Jul, 2019
    - Oct, 2024

Experience

    • Mexico
    • Business Consulting and Services
    • 1 - 100 Employee
    • Associate Director
      • Oct 2021 - Present

    • Financial Services
    • Consultant
      • Apr 2020 - Present

      Consultant specialized in process improvement and analysis of strategies related to the operation mainly of the financial area such as budget control, income optimization and cost efficiency, with the purpose of increasing the profitability as well as the administrative management. Facilitate corporations to consolidate their financial requirements such as financing, business restructuring and investment assessment. Consultant specialized in process improvement and analysis of strategies related to the operation mainly of the financial area such as budget control, income optimization and cost efficiency, with the purpose of increasing the profitability as well as the administrative management. Facilitate corporations to consolidate their financial requirements such as financing, business restructuring and investment assessment.

    • Chief Operating Officer (COO)
      • Oct 2018 - Apr 2019

      Chief Operating Officer Mexican company specialized in accounting, tax, payroll and legal services with international operationsIn charge of the firm's operations management, with the objective of achieving the proper functioning of the operations and reach the optimal profitability. ➭ 8 managers as direct reports and 100 indirect in operative functions. ➭ Elaborate the strategic business plan in conjunction with CEO and CFO, leading its execution and follow-up.➭ In charge to establish the strategy of the internal processes and their proper function with clients, providers and allied firms.➭ Enhance and clean internal processes to achieve operational results and KPIs. ➭ Review policies in-place to look for efficiency in processes to establish procedures in a more corporate way. ➭ Manage and allocate headcount appropriately in Accounting, Tax, Payroll, HR, Audit, Legal and Collection looking for the efficiency and profitability for each department.

    • Algeria
    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Chief Financial Officer (CFO)
      • Jan 2018 - Sep 2018

      Chief Financial Officer Swiss listed company, world leader in the services of inspection, verification, testing, analysis and certification.➭ In charge of controlling, accounting, treasury, accounts receivable and payable, taxes, payroll, procurement and insurance, managing a team of 6 direct reports and 20 indirect. ➭ In charge of review, consolidate and report the different business lines of the Company to the Regional Headquarters (based at the USA) and the Local Managing Director according to both local rules (Mex Gaaps) and International Financial Reporting Standards (IFRS), in a monthly, quarterly basis, including the budget evolution analysis. ➭ Responsible to supervise the profitability of the different business lines. ➭ Elaborate, implement and supervise the new projects (Capex and Opex). ➭ Oversee and coordinate the treasury department in order to have a correct optimization and generation of financial resources.➭ To function as the direct link among auditors, consultants, providers, clients and local authorities such as SAT, IMSS, Infonavit, etc.Main achievements ➭ Responsible to implement a collection plan with both internal and external staff for those aging accounts for more than 6 months which amounted MNX 25 mln (20% of the total of the accounts receivables). The collection plan that I implemented achieved to recover MXN 2 mln in 2 months, which included a full analysis of such accounts in order to determine the feasibility of recovery, compliance for their tax deduction, and a better financial result and with more accurate information in the financial statements. ➭ There was a substantial improvement in the procurement department in the term of 6 months period, reducing the complaints of the internal clients in about 75%, to have a better financing planning and cash flow.➭ There were negotiations with external providers to achieve savings for an amount of USD 200 k that represented a 70% of the total goal for the year.

    • France
    • Insurance
    • 700 & Above Employee
    • Country Manager / Regional Chief Financial Officer (CFO)
      • Oct 2004 - Dec 2017

      Interim General Manager (09/2017 – 12/2017)Managing a team of 9 direct manager reports and +100 operative and indirect functions, managing successfully a full program of restructuration in the company. ➭ In charge of the restructuring the management team such as Finance, HR and Audit. ➭ In charge to implement clear and quantifiable objectives for the different managers of the Company in order to improve their performance and teams as well as the Company's profitability. Regional Chief Financial Officer (10/2004 – 09/2017)Acting as Regional CFO controlling countries as Argentina, Brazil, Chile, Mexico, Colombia, Ecuador and Peru and managing a team of 9 direct reports.➭ Responsible to create, trained and developed a multicultural team across the region. ➭ Responsible for reviewing, consolidating and reporting the operational activities - credit insurance, debt collection and information - to both France Headquarters and the Regional Managing Director. ➭ In charge to carry-out the business plan for the year, as well as the corresponding follow-up through the budget and forecast.Main achievements ➭ Deeply involved in the positive and exponential evolution of the revenues of the region companies from € 15 mln en 2004 to € 105 mln in 2017, with gains from € 0.3 mln to € 5 mln respectively. ➭ I standardized and designed the reporting model for the financial information which increase the reliability and quality data in 40% and its time delivery in 50%. ➭ I lead the implementation in Mexico, Colombia, Ecuador and Peru for the creation of 4 credit insurance companies which allowed to increase in about 40% the total turnover. Also involved in the creation of a hub services company specialized in collection allocated in Peru.➭ Implemented the business plan as well as the strategy given by the Headquarters for the Latam companies assuring the objectives for costs, growth in turnover and profitability had an optimal development.

    • Mexico
    • Accounting
    • 700 & Above Employee
    • Audit Manager
      • Jun 1993 - Oct 2004

      Audit ManagerInternational Firm which provides services of audit, tax, legal, and financial and business counseling. Audit manager specialized in the financial services such as banks, insurance companies, currency exchange centers, financial groups, issuing an independent opinion which aim was to improve their procedures, policies of internal control and hence their profitability. ➭ Responsible for the coordination of the audit teams (+100 employees) making more efficient the productivity by project and company. ➭ Supervise the control and follow-up of the projects in terms of profitability, timing, revenues, expenses, etc., improving by 10% their productivity. ➭ I contributed for the improvement of the internal controls for clients such as Citibank, General Electric Financial Services, Visa, Rothschild, CI Banco, Atradius, Allianz, through the review of their processes, identifying potential risks, as well as their quantification and making proposals por their improvement and generation of better level of revenues and cost control as well as their tax impact. ➭ Participated in the implementation of SAP in the Finance Module in Mexico and Guatemala in companies such as Zeneca, Hasbro and Celanese, contributing to increase the turnover of the Firm by 30%, and making more efficient the clients´ processes in particular for the accounting, accounts receivable and payable.

Education

  • Escuela de Organización Industrial
    Master of Business Administration, Business Administration and Management, General
    2020 - 2021
  • Escuela Bancaria y Comercial
    Especialidad en Finanzas Bursátiles, Servicios financieros y de gestión financiera
    1994 - 1995
  • Escuela Bancaria y Comercial
    Public Accountant, Finance and accounting
    1990 - 1994
  • Fundación de Investigación para el Desarrollo Profesional (FINDES)
    Enterprise risk management course, Auditing and risk management
    2020 - 2020
  • Fundación de Investigación para el Desarrollo Profesional (FINDES)
    Sarbanes Oxley Law Course, Finance
    2020 - 2020
  • Fundación de Investigación para el Desarrollo Profesional (FINDES)
    Course of Excel applied to Finance, Finance
    2020 - 2020
  • University of Virgina
    Post Graduate, Business Administration, Management and Operations
    2020 - 2020
  • University of Pennsylvania
    Course, Corporate Complicance
    2020 - 2020
  • University of Pennsylvania
    Course of Fundamental of Quantitative Modeling, Financial Mathematics
    2020 - 2020
  • Università degli Studi di Milano
    Cost Benefit Analysis of Investment Projects, Finance
    2019 - 2019
  • Università Cattolica del Sacro Cuore
    Banking and Capital Markets Law Course, Banking, Corporate, Finance, and Securities Law
    2019 - 2019
  • SGS Houston
    Leadership Program, Liderazgo empresarial
    2018 - 2018
  • Findes
    Diploma en Finanzas, Finanzas, general
    2014 - 2014
  • SAP México
    Diploma en el Módulo de Finanzas, Contabilidad y finanzas
    2002 - 2002
  • Fundación de Investagación para el Desarrollo Profesional
    Post University, Comprehensive tax analysis
    2020 - 2020
  • Fundación de Investigación para el Desarrollo Profesional
    Post University, Power BI
    2020 - 2020
  • Fundación de Investigación para el Desarrollo Profesional
    Post University, Financial analysis and budget
    2020 - 2020

Community

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