Summary
Overview
Work History
Education
Skills
Software
Certification
Timeline
Generic

José Miguel Garibay Palomares

Master Of Finance
San José del Cabo

Summary

Seasoned finance professional bringing more than 19 years of experience directing accounting systems for diverse business groups. Industrious and cost-conscious with excellent project management abilities. Advanced understanding of Real Estate and Hospitality standards.

Overview

21
21
years of professional experience
1
1
Certification
1
1
Language

Work History

CFO

Thor Urbana/Caye Chapel/Nauka Nayarit
Ciudad De México
01.2023 - Current
  • Perform CFO functions for Caye Chapel, a master-planned community in Belize featuring over 100 luxury rooms, 18 water bungalows, 48 branded residences, 100+ estate lots, a 10-hole golf course, and a marina.
  • Co-direct the Financial and Accounting Department for Nauka, a master-planned community in Nayarit, Mexico, with 90 luxury rooms, 30 branded residences, over 100 estate lots, an 18-hole golf course, and a marina.
  • Collaborate with Thor’s Senior Management Team to conduct due diligence on a potential acquisition in Valle de Guadalupe, Mexico.
  • Serve as liaison between project partners and preside over monthly Finance Committee meetings to report on financial performance and asset status.
  • Partner with Caye Chapel’s Senior Management Team to strategically plan construction execution based on projected cash inflows and delivery commitments.
  • Oversee consolidated project budgets (Caye Chapel: ∼$450M; Nauka: ∼$200M), challenge key assumptions, and monitor risk factors affecting budget performance.
  • Work with Capital Markets to secure bank financing and manage the contractual obligations of loan agreements.
  • Collaborate with the Corporate CFO to execute the spin-off of Thor’s shared services center, establishing independent finance, accounting, and reporting functions for the company’s master-planned communities.
  • Lead the selection and implementation of front-office and back-office systems to support organizational efficiency and customer satisfaction.
  • Build and lead a dedicated team of administrative and accounting professionals for master-planned communities.
  • Manage day-to-day operations of a 20-person Finance Department within a real estate/hospitality organization.
  • Oversee budgets, asset management, accounts payable and receivable, and all general financial reporting processes.
  • Supervise the timely, accurate, and compliant preparation of monthly financial reporting packages.
  • Collaborate with 10 senior executives to develop the annual budget and monitor actual expenses against projections.
  • Analyze financial statements and prepare high-level variance analyses comparing actual results to forecasts.
  • Oversee the preparation and filing of tax returns and monthly reports in accordance with regulatory and organizational standards.
  • Review contracts with financial implications for the company and advise executive leadership on their potential operational impact.

Director of Finance

Rancho Pescadero, Unbound Collection By Hyatt
El Pescadero, Baja California Sur
07.2022 - 12.2022
  • Conducted pre-opening activities for the Finance Department.
  • Developed a comprehensive departmental work plan, aligned with the hotel's critical path to ensure a successful opening.
  • Coordinated with ownership on licensing and permitting processes.
  • Managed the pre-opening budget.
  • Created the stub budget for the first year of operations.
  • Implemented key management software systems.
  • Collaborated with ownership in the bidding process for all OSE and FF&E, ensuring quality and cost-effectiveness of purchases.
  • Established banking relationships and opened operational bank accounts.
  • Set up the hotel’s payment systems.
  • Ensured compliance with the Corporate Finance and Accounting Policies and Procedures Manual.
  • Partnered with the Leadership Committee as a strategic business advisor to support value creation.
  • Advised department heads in designing their operational processes and activities.
  • Reviewed legal contracts and ensured compliance with insurance requirements.
  • Managed and oversaw annual capital expenditures, including the development and execution of multi-year capital plans and budgets.
  • Participated in the recruitment and hiring of the entire Finance and Accounting Department.
  • Ensured compliance with federal, state, and local tax regulations, as well as Department of Labor requirements.


























Division Controller

Grupo Questro
Los Cabos, Baja California Sur
05.2018 - 06.2022
  • Responsible for overseeing operations of Real Estate, three golf courses, and one Beach Club (including two trusts, one corporation, and two in-sourcing companies).
  • Managed day-to-day operations across Finance, HR, and IT departments, supporting a 31-person team within a Real Estate/Hospitality organization.
  • Managed budgets, assets, accounts payable and receivable and general financial reporting procedures.
  • Supervised accurate, efficient and compliant completion of monthly financial reporting packages.
  • Collaborated with 15 executives to develop the annual budget and monitor actual expenses against projections.
  • Analyzed financial statements versus forecasts to prepare high-level variance analyses.
  • Attended quarterly Board of Directors meetings to review financial performance and address key matters for decision-making.
  • Drafted comprehensive annual audit reports, including all footnote disclosures.
  • Established and enforced controls over revenue and expenses to protect company assets.
  • Accurately projected monthly cash expenditures through effective budgeting and detailed document reviews.
  • Followed up on delinquent accounts to recover funds and reduce aging balances.
  • Prepared and filed tax returns, and generated monthly reports in compliance with regulatory and organizational standards.
  • Reviewed contracts with financial implications and advised executive leadership on their potential impact on company operations.
  • Managed contractual obligations related to bank loan agreements.
  • Oversaw internal anti-money laundering policies to ensure regulatory compliance.

Finance Controller

Maravilla Los Cabos
Los Cabos, Baja California Sur
07.2013 - 04.2018
  • Responsible for controlling the Clubhouse, Residential Services and Homeowners Association operations.
  • Managed day-to-day operations within 10 person Finance Department.
  • Managed budgets, assets, accounts payable and receivable and general financial reporting procedures.
  • Supervised accurate, efficient and compliant completion of monthly financial reporting packages.
  • Collaborated with15 executives to create annual budget and track actual expenses against projected expenses.
  • Analyzed financial statements versus forecasts to prepare high-level variance analyses.
  • Established and enforced controls over revenue and expenses to protect company assets.
  • Accurately projected monthly cash expenditures through effective budgeting and detailed document reviews.
  • Followed up on delinquent accounts to recover funds and reduce aging balances.

Finance Controller

El Dorado Golf & Beach Club
Los Cabos, Baja California Sur
07.2006 - 05.2013
  • Responsible for controlling the Clubhouse and one golf course operations.
  • Managed day-to-day operations within a three-person Finance Department.
  • Managed budgets, assets, accounts payable and receivable and general financial reporting procedures.
  • Supervised the accurate, efficient and compliant completion of monthly financial reporting packages.
  • Collaborated with 15 executives to create the annual budget and track actual expenses against projections.
  • Analyzed financial statements against forecasts to prepare high-level variance analyses.
  • Established and enforced internal controls over revenue and expenses to protect company assets.
  • Accurately projected monthly cash expenditures through effective budgeting and detailed document reviews.
  • Followed up on delinquent accounts to recover funds and reduce aging balances.
  • Prepared and filed tax returns, and generated monthly reports in compliance with regulatory and organizational standards.
  • Reviewed financially impactful contracts and advised executive leadership on their operational implications.

Auditor

PricewaterhouseCoopers
Ciudad De México
03.2004 - 06.2006
  • Led the strategic planning, execution, and finalization of over 20 audits.
  • Completed audit papers by thoroughly documenting audit tests and findings.
  • Assessed the effectiveness of existing control structures.
  • Maintained a strong working knowledge of the Standards for the Professional Practice of Internal Auditing.
  • Interpreted state and federal laws, auditing principles, procedures, and program standards to analyze materials and data, identify non-compliance, and develop recommendations.
  • Conducted interviews with auditees to gather essential data for audit procedures.
  • Adapted audit plans and schedules to meet shifting priorities, resource availability, and workload demands.

Education

Master of Science - Finance

Universidad Anáhuac
Ciudad De México
04.2015 - 2018.02

Bachelor of Science - Accounting

Universidad Anáhuac
Ciudad De México
01.2001 - 2005.07

Skills

Financial modeling capability

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Software

Jonas, E-Sasa, Microsoft SL, Abrhil, Tress, Microsoft Office, Oracle, Hyperion

Certification

Studying courses for Certified Public Accountant (CPA)

Timeline

CFO

Thor Urbana/Caye Chapel/Nauka Nayarit
01.2023 - Current

Director of Finance

Rancho Pescadero, Unbound Collection By Hyatt
07.2022 - 12.2022

Division Controller

Grupo Questro
05.2018 - 06.2022

Master of Science - Finance

Universidad Anáhuac
04.2015 - 2018.02

Finance Controller

Maravilla Los Cabos
07.2013 - 04.2018

Finance Controller

El Dorado Golf & Beach Club
07.2006 - 05.2013

Auditor

PricewaterhouseCoopers
03.2004 - 06.2006

Bachelor of Science - Accounting

Universidad Anáhuac
01.2001 - 2005.07

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José Miguel Garibay PalomaresMaster Of Finance