Alexia Aagaard

Lead the Finance Organization in Argentina, Chile and Uruguay, with multiple entities. Direct reports include Credit and Collections, FP&A, Controlling, Treasury, Tax and AP. In charge of developing and implementing the financial strategy in the region that aligns with the company's global business objectives. The role includes financial forecasting modeling, cash & and complex multi-currency exposure management, tax efficiencies projects, and led M&A and divestures.

Lead the Treasury Operations and Insurance Team in Argentina, Chile & Uruguay and the Financial Planning Team, representing @$1 billion in revenues. Responsible for the funding, liquidity, risk management and financial planning of the local entities in the region.

Responsible for credit risk management for Europe (Spain, Portugal & Italy) with a portfolio of @$1 billion annual sales. Ensure proper implementation and oversight of Dow’s credit policy. Optimize the credit risk/business reward balance, protecting and enhancing the company’s cash flow. Assure prompt turnover of receivables, minimizing bad debt losses, contributing to long term customer satisfaction. Support company’s financial and business objectives.

Lead the Treasury Strategy for Argentina & Chile, representing $1.5 billion in revenue. Cash/liquidity and Local Currency Exposure forecasting. Manage capital structures and optimize corporate funding. Develop and maintain the financial model for the legal entity in Argentina to support management decision-making. Coordinate short-term investment and borrowing strategy. Assist Corporate Treasury in Capital Market transactions and develop credit facilities.

Cash/liquidity and Local Currency Exposure forecasting for 6 legal entities, representing $1.6 billion in revenue. Manage capital structures and optimize corporate funding. Develop and maintain the profitability analysis model for the main legal entities in Brazil. Manage the Surety Bonds Program $100 million

Cash/liquidity and Local Currency Exposure forecasting for 11 legal entities (Mexico, Colombia, Peru & Costa Rica), representing $1 billion in revenue. Manage capital structures and optimize corporate funding, with focus on the DowDupont spin. Develop financial tools to improve working capital.

Evaluate the financial condition of customers, assign credit limits, perform customer visits to review financial condition, develop unique strategies to manage poor credit customer’s sales. Negotiate and approve payment terms and pay schedules. Look for new financial tools to support sales, reduce risk, DSO and improve working capital management. Develop systems and processes for credit applications and monitoring customer accounts. Provide counseling for business in controlling credit exposure and minimizing risks. Negotiate workouts on poor credit accounts and bankrupted customers. Interaction with all levels of Dow’s business management teams on credit related initiatives. Negotiate and develop credit related business rules. Develop and provide training to new employees and mentor credit analysts.

Selected to participate in the CEO International Exchange Program and relocated to Midland. Accounting responsibility for the Company’s borrowings (notes payable, debt, capital leases), foreign exchange derivatives, among other treasury and risk management activities. Responsible for the Notes Payable, Long-Term Debt, Available Credit Facilities, and Operating Leases financial statements footnotes and disclosures for Dow and UCC’s SEC filings.

Evaluate the financial condition of customers, assign credit limits, perform customer visits to review financial condition, develop unique strategies to manage poor credit customer’s sales. Negotiate and approve payment terms and pay schedules. Look for new financial tools to support sales, reduce risk, DSO and improve working capital management. Develop systems and processes for credit applications and monitoring customer accounts. Provide counseling for business in controlling credit exposure and minimizing risks. Negotiate workouts on poor credit accounts and bankrupted customers. Interaction with all levels of Dow’s business management teams on credit related initiatives. Negotiate and develop credit related business rules. Develop and provide training to new employees and mentor credit analysts.

Prepare customer's statements. Generate weekly aging reports and determine payment schedules with customers. Contact delinquent customers to secure payment. Prepare accurate monthly billing adjustments (rebates). Track and solve billing and account discrepancies. Work together with Credits, Customer Service and Sales Department.