EDUARDO GARCIA CARRERAS

Focused on driving company growth. Responsible for financial forecasting, budgeting, and variance analysis, providing senior management with crucial insights to support optimal decision-making. From board presentations to acquisition analysis, deliver actionable recommendations that propel the company forward.

Supported and facilitated company operations in Europe (France and the U.K.) for a U.S. venture-funded technology and logistics growth-stage start-up providing a platform for searching and ordering free architectural, construction, and design materials samples. Champion growth worldwide through acquisitions in Canada and Germany, joint investment in Japan, and deployment of a technological hub in Portugal. Held oversight of financial due diligence to acquire a GmbH in Germany. Integrated multinational operations into the consolidation and reporting process, and produced monthly results/analyses of operations. Steered the yearly financial audit for Material Technologies Corp and Subs. Prepared and reported all monthly and quarterly consolidated financial statements.

Served as strategic advisor to the founder/CEO of a team economy tech-platform start-up. Formulated a pitch deck and played a key role in fundraising meetings with investors. Delivered the company’s very first financial model and projections for pre-seed and seed capital fundraising valuation. Pinpointed the firm’s evolving finance and HR demands to drive revenue growth YoY.

Responsible for Financial and Accounting Services to support CEMEX USA Operations. Delivered on-schedule and precise financial reporting to the corporation (i.e., $4.4B Sales, $800M EBITDA, $16.8B Assets), adhering to all internal guidelines/controls, IFRS standards, and securities regulations. Owned centralized accounting processing and management of general accounting, personnel benefits, fixed assets, property tax, intercompany transactions, acquisitions and divestments, corporate and technical accounting, and the monthly consolidation process of 75 legal entities across the U.S. legal structure. Complied with state tax laws, encompassing filing sales and use tax returns, business licenses, and annual compliance reports. Managed Property Taxes on all 700+ sites and led contract negotiations to outsource tax functions, strengthening the process and slashing $0.7M in costs. Launched a new organization and relocated several job roles to Mexico, transitioning functions with no service disruptions and saving $0.5M annually. Led due diligence for the strategic purchase of assets worth $90M+. Provided consultation, to achieve the best financial structures for company or asset purchase transactions. Integrated purchased assets favorably. Experience in: remote team leadership, employee engagement, controls, financial audit, financial reporting, corporate policies and controls, IFRS standards, and securities regulations, accounting, compliance, Property Taxes, contracts, cost savings, due diligence, post-merger integration (PMI), mergers and acquisitions (M&A), divestments, management reporting and analysis.

Developed a team of 4 accounting professionals from scratch to lay the groundwork for monthly financial information and analysis and quarterly/yearly statutory reporting. Safeguarded internal controls and accounting policy compliance in U.S. operations. Curtailed financial and accounting risk by solidifying controls and maintaining proactive communication with Corporate Headquarters and the Treasury, Risk Management, Procurement, Legal, and Tax departments. Guided complex transactions such as business acquisitions, asset purchases, and leases to enhance the Business Service Organization. Generated a new set of reports and analyses to manage working capital and cash flow, achieving a reduction in working capital by $100M+ while augmenting cash flow and forecasting accuracy. Experience in: leading team, accounting, finance, P&L, working capital, cash, strategic initiative, financial guidance, financial performance target, compliance with internal controls, forecasts, annual plans, financial performance, business growth, investment decision, KPI metrics, analytics, decision-making, financial planning, forecasting, operational analysis, financial accounting, control, financial analysis, experience with international and operationally complex business, management of revenue budgets, forecasts & multi-year plan, monthly financial close, monthly financial reports, financial systems implementation.

Managed 1 financial information analyst and coordinated 6 regional business partners to produce regional financial reporting packages. Streamlined the adoption of IFRS accounting framework across U.S. operations. Interacted with and coached 20+ U.S. accounting employees in compliance with new guidelines and standards, achieving a smooth transition. Held ownership of accounting standards, corporate policies, and controls compliance. Steered accounting operations for complex financial transactions and processes such as impairment analysis (goodwill, fixed assets, and other investments), business combinations, divestitures, and the sale and purchase of assets, leases, and derivatives. Managed and controlled a $400M Securitization facility with weekly funding. Optimized the technical accounting advisory service by participating in complex deals and financial transactions upon inception. Provided SME knowledge in using the best legal and financial structure to help the company reach its operating and financial objectives. Acknowledged as a change agent accountable for training other staff in all areas of continuous improvement. Led the team during process improvement projects in different areas of the company from concept to completion.

Led a team of 3 and coordinated accounting staff in more than 20 countries in the adoption of accounting policies, standards, and compliance processes, US GAAP conversion for SEC reporting, and coordination of financial audit process with external auditors. Defined and implemented global accounting policies, controls, and procedures for Sarbanes-Oxley Act (SOX) for SEC Public Entities. Developed a training program for new policy adoption and established a company-wide annual certification process. Developed a model to calculate Deferred Income Tax for all operating units around the world and report the consolidated Deferred Income tax position and results.

Led the integration of a newly acquired company's operations into the corporate managerial reporting, planning, and budgeting systems and processes. Completed it within 6 months, generating economies of scale in operational activities and ensuring the adoption of new policies and procedures.

Created a financial model to manage and control the accounting and forecast the effects in P&L of a 400+ derivative financial instruments portfolio, ensuring proper recognition and providing top management with a clear picture of the financial strategy impacts on the company’s results. Assembled inputs, compiled toward a foreign private issuer's SEC reporting (20F, 10K, 6K forms). Improved the process by creating a model to track international accounting-framework differences and convert financial information into US GAAP to be presented under SEC Rules in the NYSE.

Led a global cross-functional project team of 22 to roll out Hyperion as a new technology, achieving full adoption in 1 year. Implementing consolidation hubs in Mexico, Venezuela, Spain, and the Philippines.

Led a team of 2 and coordinated accounting staff in different continents to perform the global financial consolidation process and corporate monthly and quarterly reporting. Improved the timing and quality of the consolidated financial information reporting by creating linked databases and dashboards. Generated time savings for corporate reporting of 1 month in annual audited financial statements, and 6 days in monthly reporting.