Hazel Varela

Head of Treasury, Credit & Collections

About

I am a results-driven Treasury Professional with a clear vision and passion for financial strategy, liquidity management, and banking negotiations. My focus is on ensuring solid cash flow, optimizing working capital, and strengthening financial efficiency. I work closely with cross-functional teams to develop accurate financial forecasts, automate payment processes, and build strong relationships with banks to secure the best financial conditions. My goal is to drive financial stability, minimize risks, and support the company’s growth through smart treasury management.

Country

City

Costa Rica

Industry

Financial Services

Skill

Negotiation & Relationship Management, Problem-Solving & Critical Thinking, Leadership & Team Management, Strategic Decision-Making, Financial Reporting & Regulatory Compliance, Internal Controls & Audit Compliance, Financial Planning and Analysis (FP&A), Corporate Budgeting & Financial Forecasting, SAP ERP & Financial Systems, Financial Operations & Process Automation, Vendor Negotiation & Relationship Management, Accounts Payable (AP) Management, Trade Finance & Banking Relationships, FX Risk Management & Hedging, Liquidity & Cash Flow Management, Treasury Management

Experience

Head of Treasury, Credit & Collections

Vidriera Centroamericana S.A

2025-5 - Present · 1 yr 5 mos

Коста-Рика

Leading Treasury, Credit & Collections across Central America, shaping liquidity direction and credit performance to support sustainable growth: • Define and lead treasury, credit, and collections strategy to optimize cash flow and working capital efficiency across the region. • Lead executive banking and financial institution relationships, negotiating funding structures, credit conditions, and cash management solutions. • Drive regional financial decisions that balance liquidity, risk exposure, and credit and collections performance.

Treasury Manager

Vidriera Centroamericana S.A

2023-10 - 2025-5 · 1 yr 8 mos

Коста-Рика

Managed treasury operations with responsibility for liquidity management, budgeting support, banking relationships, and payment processes: • Led corporate budgeting and cash forecasting activities to support planning and decision-making. • Oversaw daily cash positioning and working capital management. • Drove automation initiatives in SAP, improving efficiency and strengthening financial controls. • Supervised accounts payable operations, ensuring timely payments and policy compliance.

Treasury Coordinator

Vidriera Centroamericana S.A

2017-1 - 2023-10 · 6 yrs 10 mos

Коста-Рика

Supported treasury operations through hands-on execution and continuous improvement: • Managed payments, reconciliations, cash reporting, and FX transactions. • Strengthened internal controls and documentation to support audits and compliance. • Supported daily treasury activities and liquidity monitoring.

Credit Service Executive

Bac San Jose Bank

2011-12 - 2016-12 · 5 yrs 1 mo

Коста-Рика

• Structured credit facilities, guarantees, and letters of credit aligned with regulatory and risk frameworks • Delivered cash management solutions supporting client liquidity and banking operations • Ensured compliance with financial documentation, internal controls, and reporting standards within a regulated banking environment