SAP/4HANA, FICO
Luis Félix Valdez Arredondo
Regional Controller, Vice President Of Finance America, Chief Financial Officer, Finance Director
Corregidora
Summary
Dedicated Finance Executive with 25 years of experience in all areas of finance and controller management. Hands-on leader with strong business acumen and analytical mindset to identify and correct underachieving trends.
Overview
23
23
years of professional experience
7
7
years of post-secondary education
4
4
Certifications
Work History
Finance Director
INOAC
San Juan Del Rio
04.2024 - Current
- Developed robust financial models to support strategic decision-making and improve profitability.
- Facilitated process improvements by automating manual tasks, increasing efficiency within finance function, reducing 2 Heads at PTP Process with Boot.
- Mentored junior finance team members, fostering culture of continuous learning and professional development within department, Move form 50 % C performers to B Level.
Vice President of Finance North America and Chief Financial Officer
Proterial Cable America
Queretaro
8 2022 - 03.2024
- Leading Finance and accounting, taxation, with full responsibility for income statement and balance sheet for Cable Auto Sector North America (US Mexico), finance team 16 Heads, 1600 HC, 200 M revenue.
- Increased financial efficiency by streamlining processes and implementing cost-saving measures. Led turnaround management team achieving USD 18M in savings initiatives.
- Developed comprehensive financial forecasts, driving accurate decision-making and budgetary planning with 98% of Accuracy.
Chief Financial Officer
Productos Pennsylvania S.A. de C.V.
Queretaro
09.2020 - 7 2022
- Responsible for leading finance, accounting, taxation, and IT, with full accountability for income statement and balance sheet for 19 business units in Mexico.
- Assisted in maintaining statutory reporting under Mex FRS, conducting Transfer Price study, completing annual tax return, and ensuring statutory reporting with Unqualified opinion for both companies over past two years.
- Implementation of Full SAP/4HANA, CRM SAP customer experience, and SAP BI.
Latin America Controller
Johnson Matthey de México
Queretaro
06.2015 - 07.2020
- Leading Finance and accounting, taxation, transfer Pricing, Internal control, with full responsibility for income statement and balance sheet for all Latin America Region: Mexico, Argentina, and Brazil 24 Heads.
- Develop comprehensive financial models to support management in forecasting and scenario analysis in multi-year income statement, Balance Sheet and Cash flow plan over USD 200m revenue for Region.
- Improving and delivering timely monthly, half, and annual close record to reporting process. Review monthly management accounts to provide relevant variance analysis and savings initiatives to key stakeholders at site and regional levels.
- Streamlined annual audit process, working closely with external auditors to ensure accurate representation of company´s financial position. Achieving Unqualified opinions in all sites, group reporting under IFRS GAAP, Transfer Price study, completing annual tax return.
Controller
Albea Packaging de México
Queretaro
04.2013 - 03.2014
- Leading Finance and accounting, taxation, trading compliance, and IT with full responsibility for Mexico's income statement and balance sheet, finance team 8 Heads.
- Achievements: Preparing statutory reporting under Mex FRS, group reporting under IFRS GAAP, transfer price study, completing annual tax return and statutory reporting, and moving from qualified opinion to unqualified opinion under my responsibility.
- Preparing and supervising a multi-year financial Profit & Loss Flex budget and forecasting models, CAPEX + 13-week cash flow forecast model improving AR DSO from 90 days to 67 days in 3 months and inventory days on hand from 38 to 27 days and AP DPO from 77 to 60 days, reviewing previous tax strategy for Import Fixed assets and achieved savings of 400K USD.
Controller
Harman de México
Queretaro
03.2011 - 03.2013
- Leading Finance and accounting, taxation, trading compliance, and IT with full responsibility for Mexico's income statement and balance sheet, finance team 4 Heads.
- Created multi-year financial Profit & Loss Flex budget and forecasting models as well as Capex USD 200M for 1 billion USD of revenue for Maquila operation.
- Improved and delivered timely weekly flash COGM, DL, DVO, efficiency, scrap, monthly management inventory DOH, and full P&L –COGM and COGS statement for the half and annual close record to report process. Additionally,
- Review monthly balance sheet accounts to provide relevant and timely financial information to key stakeholders. I also compare all reports with actuals versus standard cost versus Flex and fixed Budget.
- Established Internal control Sox compliance with zero control deficiencies and meet statutory reporting Mex FRS, ACC GAAP (USA GAAP), Transfer Price study, completing annual tax return, and statutory reporting Unqualified opinion under my responsibility.
- Full SAP R3/ BI -ERP implementation previous start-up FI, CO 1000 FG PN.
Finance Director
Avery Dennison
Queretaro
09.2009 - 02.2011
- Leading Finance, accounting, taxation, trading compliance, and IT with full responsibility for Mexico's income statement and balance sheet, finance team 8 Heads.
Chief Financial Officer- México / Finance Director/ Controller
IMI Precision México
Queretaro
01.2002 - 08.2009
- Leading Finance and accounting, taxation, trading compliance, and IT with full responsibility for Mexico's income statement and balance sheet, finance team 22 Heads.
Education
MBA -
Universidad Anahuac
Queretaro, Mx 01.2011 - 05.2013
Accounting degree with a major in Finance - Bachelor Degree in Accounting
Instituto Tecnologico De Estudios Superiores De Monterrey
Leon, Guanajuato 08.1990 - 05.1995
Skills
Corporate Governance
Financial analysis and reporting
Business process improvement
ERP System Expertise
Cash Flow Management
Financial Systems Integration
International Finance Management
Audit Management and Coordination
Certification
IFRS Universidad Panamericana/ PWC Certification, 2016-2017
Software
SAP BI implementation
CRM SAP customer experience
HYPERION Solutions, FRANGO-COGNOS
Power BI
Microsoft Dynamics
Languages
Spanish
Bilingual or Proficient (C2)
English
Bilingual or Proficient (C2)
Timeline
Finance Director
INOAC
04.2024 - Current
Chief Financial Officer
Productos Pennsylvania S.A. de C.V.
09.2020 - 7 2022
Latin America Controller
Johnson Matthey de México
06.2015 - 07.2020
Controller
Albea Packaging de México
04.2013 - 03.2014
Controller
Harman de México
03.2011 - 03.2013
MBA -
Universidad Anahuac
01.2011 - 05.2013
Finance Director
Avery Dennison
09.2009 - 02.2011
Chief Financial Officer- México / Finance Director/ Controller
IMI Precision México
01.2002 - 08.2009
Accounting degree with a major in Finance - Bachelor Degree in Accounting
Instituto Tecnologico De Estudios Superiores De Monterrey
08.1990 - 05.1995
Vice President of Finance North America and Chief Financial Officer
Proterial Cable America
8 2022 - 03.2024