SAP
German Arenas Luna
Sr Finance Manager
Summary
Accomplished Sr Finance Manager with a proven track record enhancing financial efficiency through cost control, enhanced financial accuracy by implementing effective AP/AR processes and controls and Cash Flow management. Expert in internal controls (Policies / procedures). I've led teams providing coaching and mentoring also supervising staff and delegated tasks to maintain positive, productive administrative operations. I achieved goals primally collaborating with cross-functional teams for strategic business planning and growth initiatives. I'm expert providing guidance financial decisions by applying company policies and procedures to current economic landscape.
Overview
18
18
years of professional experience
2
2
Languages
Work History
Sr Finance Manager
Saavi Energía
06.2023 - Current
- Oversee the preparation of monthly financial statements, ensuring accuracy and timely reporting to stakeholders within 5 business days.
- Increase financial efficiency by streamlining budgeting processes and implementing cost-saving measures by USD $150K annual basis.
- Develop policies and procedures for cash management, optimizing working capital usage and reducing borrowing needs by USD $15 M in 2023.
- Improved cash flow management by monitoring working capital requirements and implementing best practices for optimizing liquidity.
- Collaborate with cross-functional teams to develop strategic plans, aligning financial objectives with overall company goals.
- Prepare monthly reconciliation of bank accounts and take corrective actions on deviations.
Finance Manager
Eni Mexico
03.2022 - 06.2023
- Trainee new and existing staff members in various financial procedures to prepare for job requirements.
- Negotiated favorable terms with vendors, resulting in significant cost savings around USD $3 M for the company in 2022.
- Enhanced budget management by implementing expense tracking and cost reduction strategies around USD $ 850K in 1 year.
- Optimize cash flow with diligent monitoring of accounts receivable and payable.
- Monitor budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Review and approve CAPEX requests, aligning with corporate objectives.
- Prepare and manage large CAPEX budgets to effectively handle infrastructure investment and long-term operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
Finance & Accounting Manager
TC Energia
01.2019 - 09.2021
- Spearhead annual audit process, liaising with external auditors to ensure smooth completion of requirements within deadlines.
- Mentor junior staff members, fostering a supportive work environment that encouraged professional growth.
- Collaborated with cross-functional teams to develop integrated solutions for complex business challenges.
- Provide comprehensive financial updates throught monthly and quarterly financial statements to senior managers by evaluating, analyzing, and reporting appropriate data points.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Cost Accounting & Accounts Payable Manager
TC Energía
11.2013 - 01.2019
- Collaborate with other departments to resolve billing issues promptly and maintain accurate financial records.
- Managed accurate and timely processing of over 3,000 invoices per month.
- Reduced payment discrepancies with thorough invoice review, analysis, and reconciliation efforts.
- Monitored department performance metrics regularly, identifying inefficiencies or bottlenecks in order to continuously improve overall productivity levels.
- Optimized cash flow management by negotiating favorable payment terms with vendors.
- Managed vendor contracts effectively, reviewing terms periodically to ensure alignment with company objectives.
- Collaborated closely with procurement on purchase orders to streamline approval processes while ensuring adherence to established budget guidelines.
- Maintained 93% accuracy while processing USD $150 M worth of payments.
- Reorganized accounts payable processes, decreasing supplier payment delays from 180 to 30 days.
Accounting Manager (Mexico & LSA)
Bio-Rad Laboratories
05.2011 - 11.2013
- Generate monthly and quarterly financial statements for executive review.
- Manage relationships with external vendors, ensuring timely payments and accurate recording of expenses.
- Optimize cash flow management through careful analysis of accounts receivable, accounts payable, inventory levels, and working capital requirements.
- Implement cost control procedures and cost management processes, saving company USD $200K annually.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
Accounting & Administrative Manager (Mexico)
Cengage Learning Editores
08.2010 - 04.2011
- Improve office efficiency by implementing streamlined administrative processes and procedures.
- Communicate corporate objectives to various divisions to meet deadlines and adhere to company budgets.
- Trainee employees in company and regulatory compliance requirements to promote conformance.
- Supervise General Accounting, bank and intercompany reconciliations and review of expense-income accounts according to US and Local GAAP.
- Perform Quarterly Results Report (disclosure) to LATAM Controller.
Accounting & Internal Control Supervisor (Mexico)
Becton Dickinson
08.2006 - 08.2010
- Oversee daily operations of the department, ensuring smooth workflow and timely completion of tasks.
- Supervise general accounting functions: Accounting, Leasehold Improvements; Fixed Assets; Goodwill, Revenue Recognition, Inventory Accounting, Subjective Accruals, etc.), bank reconciliations, Intercompany.
- Coordination Sox compliance includes creation of strategies in order maintain the internal controls of the company.
Education
Diplomate - Supply Chain
Universidad Intercontinental
Mexico City, Mexico 05.2001 -
Diplomate - Foreign Trade And Customs Operation
Instituto Tecnológico Autónomo De México
Mexico City, Mexico 05.2001 -
Master of Science - Business Administration
Instituto Politécnico Nacional
Mexico City 05.2001 -
Bachelor of Science - Accounting
Instituto Politécnico Nacional
Mexico City, Mexico 05.2001 -
Skills
Cash Flow Mgmt
Accomplishments
- Collaborated with team of 20 in the development and implement of SAP & Hanna.
- Created development plans for a team of 15 staff members.
- Achieved savings around USD $50 M, reducing payment terms of 180 to 30 days through effectively procedures with Supply Chain and Vendors.
- Achieved reduce G&A expenses by introducing Concur and Workday software for reimbursement tasks.
- Documented and resolved loan medical equipment lost which led to got MXN $4M revenue next year.
- Achieved implement employee credit card program by completing expense reports with accuracy and efficiency after 6 months after the implementation.
Software
JDE
Power BI
Windows Office
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Sr Finance Manager
Saavi Energía
06.2023 - Current
Finance Manager
Eni Mexico
03.2022 - 06.2023
Finance & Accounting Manager
TC Energia
01.2019 - 09.2021
Cost Accounting & Accounts Payable Manager
TC Energía
11.2013 - 01.2019
Accounting Manager (Mexico & LSA)
Bio-Rad Laboratories
05.2011 - 11.2013
Accounting & Administrative Manager (Mexico)
Cengage Learning Editores
08.2010 - 04.2011
Accounting & Internal Control Supervisor (Mexico)
Becton Dickinson
08.2006 - 08.2010
Diplomate - Supply Chain
Universidad Intercontinental
05.2001 -
Diplomate - Foreign Trade And Customs Operation
Instituto Tecnológico Autónomo De México
05.2001 -
Master of Science - Business Administration
Instituto Politécnico Nacional
05.2001 -
Bachelor of Science - Accounting
Instituto Politécnico Nacional
05.2001 -
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