Hugo Enrique Olvera Guerrero

• Financial planning, budgeting, and forecasting processes, conducting comprehensive analyses of variations compared to our plans and previous years.

•Ensure the implementation of appropriate cost accounting procedures and supervise the execution of cost-saving initiatives to enhance operational efficiency and profitability, aiming for an annual increase of +8% in cost reduction and gross productivity.

•Maintain a controlled environment to comply with our internal control policies and Sarbanes-Oxley (Sox) regulations.

• Provide operational and financial strategy and support
• Maintain appropriate internal controls (SOX)
• Prepare annual budgets and monthly forecasts (US & MX)
• Ensure accuracy of the physical inventory
• People Leader of 4 Financial Analysts

• Finance consolidation NAR manufacturing
• Outlook, month end and profit plan
• Std cost process and technical support related to materials and conversion
• P4G and WCM tracking reports
• Sox, internal control and external audits support
• Inventory, Purchases and FCF
• Support with critical requests to Mx and US plants from all areas of company

• Annual budget preparation
• Calculation and allocation of standard cost focused on conversion cost
• Calculation and development of cost-benefit scenarios.
• Monthly conversion cost close
• Monthly forecast of conversion cost and variations against the budget.
• Information analysis and reporting to plant management, corporate controllership Mexico and the United States.
• Active participation in WCM as CD specialist
• Capital HUB

• Standard cost integration and analysis for new SKUs (ranges, fridges and washers).
• Standard cost integration and analysis for current SKUs according to next year profit plan.
• Raw and in process inventory analysis and control.
• Development of pre costing and finance scenarios for local and foreign projects (USA, South America).
• Monthly report elaboration to local plant director, local corporate controller and US controller.
• Part of P4G Core Team, analyzing and verifying savings projects.
• Utilities expense tracking and analysis
• Capital Process implementation responsible (PPM SYSTEM)

• Supplier payments
• Payroll dispersion and conciliation
• Conciliation of bank accounts
• Calculation of taxes
• Presentation of the monthly statement, DIOT.