Finance Manager Latin America     Company Type: Hi Tech/Electronics   Location: South Florida   Compensation: Excellent Compensation - Full Benefits   Languages: Fluent English/Spanish   Job Code: ac/1311   Date Posted: Pending   Description:   Reports to: Director of Treasury and Credit Operations          General Objective: Responsible for managing several credit and treasury projects throughout the region.   Prepare financial and operational analysis with the support of the region and provide specific recommendations.  Develop specific strategies for Treasury and Fx management.  Assist the Director with the management and control of policies and procedures.  Prepare and develop presentations for internal and external audiences.  Responsible for managing several process improvements projects throughout the region.  Managing a Financial Analyst located in Mexico. Treasury and Cash Management  Minimal Fx Exposure  Compliance WW Policies & Procedures  Efficient cash management  Vendor Guarantees  Bank Guarantees Relationship management Weekly & monthly management of Fx Exposure and reporting to WW Develop methodologies & strategies for Fx management, specifically aimed at reducing exposures Manage accounting & reporting requirement of FAS52 for the region Ensure that all countries are in compliance with all WW policies and procedures Manage regional control of all cash activities including account database, signatory authorities, cash management systems Working capital management, debt facilities Develop strategies to ensure compliance with Company Policies and Procedures and improve P&L results Serve as acting treasurer for country vacancies Assist in the development of new banking relationships Train new treasury personnel including local Treasurers Negotiate vendor terms & benefits on all corporate guarantees Manage submission, reporting & tracking of all vendor & bank corporate guarantees Develop & maintain win-win type relationships with vendors & banks Develop & manage regional financial models for analyzing new business opportunities, including close coordination with local CFOs to ensure appropriate financial analysis & recommendation to regional management    95% compliance with fx hedging Credit Management Credit-worthy risk assessment  Healthy receivables aimed at reducing legal placements & reserves  Ensure that all countries are in compliance with Regional policies and procedures Train local Credit managers & associates on all Regional policies Improve & develop procedures to enhance departmental objectives for reducing Bad debt reserves Manage regional bad debt reserve positions, including close management of in-country analysis Ensure timely and accurate review & submission of monthly bad debt review and provide recommendation to local & regional CFOs Provide credit approval recommendations to the Latin America CFO when the Director is not available Manage accounting & database components of regional Credit Insurance program Ensure appropriate handling & management of all legal placements   Controlled bad debt reserves appropriately matched with accounting cycle 75% minimum compliance with Major acct review (bi-annual measurement) Complete & updated database for Legal Placements, write-offs, reserves, guarantees (updates monthly) Complete & updated database for credit insurance program (updates monthly) Compliance Ensure compliance with world-wide & regional policies Identify, develop & recommend new policies to Regional Director & Regional CFO Responsible for correct understanding of corporate policies & training of those policies to local management Responsible for updating policies & ensuring compliance in line with business growth & business process improvements Develop & manage audit mechanisms to ensure regional compliance Process Improvement and special projects    Manage multi departmental teams and across different countries to improve existing processes and procedures Identify areas of improvement & prepare strategic recommendations to upper management that will lead to new or enhanced processes. Effective Supervision Manage one Financial Analyst in Mexico Effectively manage the in-direct regional supervision of country management teams Timely and Accurate Reporting Responsible for consolidation, review, & delivery of all Regional & Corporate reports Coordination with regional staff and local countries to obtain & analyze required data Timely and accurate reporting of Exhibits F, I, K, L, M & O, Weekly Treasury, Vendor Guarantees quarterly report, Bank Account listing.   Requirements:       EDUCATION BS in Administration, Finance, Accounting  MBA EXPERIENCE 5 years experience for a multinational corporation 3 years in Treasury and 3 years in Credit Foreign Exchange experience TRAVEL 50% traveling to South America   Cover Letter: Please include cover letter with salary requirements when responding.   Work Authorization: Must have legal residency.   For consideration include resume as a Microsoft Word attachment or as text and submit to Search Consultant and reference the job title and reference number.     [Home]  [About Us]  [Search Process]  [Contact Information] [Current Assignments]  [Completed Assignments]   Send mail to webmaster@corporateadvisors.com with questions or comments about this website. Last modified November 8th, 2000