Francisco Ávalos

• Banking Pool: Managing the banking pool, made up by the main spanish banks. Liquidity is a priority. • FP&A: Turning financial data into insights to anticipate risk and opportunities. • Treasury: Focus on cash flow control, using confirmings, letters of credit, loans, guarantees, and other financial products. • Month-end closing and Reporting: Supervision of the well known month-end closings and reporting for management. • Budget: Coordinating the company’s annual budget, always aiming for sustainable growth. • ERP: ERP implementation, the first step for technological evolution. • Strategy: Using all data above for strategic decision-making. • Audits: Coordinating external and internal audits. Order is a must. • Team: Leading a team of four wonderful people who make all this possible.

Co-founder of a digital eyewear brand founded with a crowdfunding campaign. An extraordinary personal and professional experience where flexibility and adaptation are paramount.

(1) Reporting to CFO (2) Ad-hoc reports and analysis at a Corporation level (3) Month/Year end-closing at a Corporation level (4) Supporting to consolidation team (5) Supporting to elaborate the annual budgets for the Corporation (6) Monthly and YTD analysis of deviation versus plan (7) Financial KPIs and operational KPIs (8) Costs analysis and reporting (9) Developing Business Intelligence tool (10) Implementing and continuously improving internal controls

(1) Reporting to Finance Director (2) Ad-hoc reports and analysis (3) Supporting to elaborate the annual budgets of the international offices (4) Month/Year end-closing of the company and business units (5) Monthly and YTD analysis of deviation versus plan (6) KPIs: implementation, analysis and control (7) Costs analysis (8) Technical support to international offices (9) Implementing and continuously improving internal controls

(1) Daily VAT and duties payments to Spanish Tax Agency (2) Weekly treasury forecast (3) Managing customs clearance documentation (4) Solving issues related to customs with the operations team (5) Posting journal entries

(1) Management of accounts receivables (2) DSO control and analysis (3) Weekly reporting to Regional Managers (4) Negotiating payment plans (5) Taking legal actions when needed (6) Posting journal entries

(1) Posting supplier invoices and ordering payments (2) DPO control and analysis (3) Posting journal entries (4) Reconciliation of payables and receivables balances (5) Inter-company reconciliation

The chocolate company where I took my first steps as a professional. In charge of invoicing, accountancy, payables, cost analysis and pricing.