Karen Alvarado
Regional Finance and Accounting Sr. Manager @ Deel
About
With over twelve years of professional working experience Karen has developed herself in areas such as accounting, consulting and financial analysis. Over the years she has worked mainly for private transnational companies such as P&G, Amazon and VMware, but she has also collaborated with non-profit organizations like AIESEC and since 2017 ventured into teaching at ULACIT and CENFOTEC. Her academic background includes a MBA with emphasis in Finance and Economics from INCAE Business School with a side degree in Sustainable Developments; and a Post-graduate degree in Big Data Analytics from CENFOTEC, she also possesses degrees in Public Accounting and Bilingual Business Administration from ULACIT.
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Costa Rica
Computer Software
Attention to Detail, Database Administration, Release of Information, Process Automation, Business Planning, Transfer Pricing, Complex Analysis, Structured Finance, Conflict Resolution, Future Trends, Strategic Business Initiatives, Discerning, Business Knowledge, Business Initiatives, Adhoc Testing, Auditing Standards, Presentation Skills, Interpreting Data, Strategy Execution, Metrics Definition
Experience

Regional Finance and Accounting Sr. Manager
Costa Rica
• Lead financial accounting and controls for CAM countries, providing guidance on IFRS regulations. • Leader of the Country (Costa Rica) and point of contact for the AP, treasury and payroll teams. • Leader of financial data analytics for the region based on quarterly results. • Owner of Financial Statements reporting and alignment (BS, P&L, CF) • Tax management for Costa Rica and overview of tax presentation for other CAM countries. • Managing a team of outsourced accountants, leading the monthly and annual closing processes.

Sr. Finance Manager CAM
Costa Rica
Led the Central American region, overseeing 6 countries (CR, NI, PA, GT, HN and ES) • Led the Direct Marketing Investment for the region. • In charge of budget distribution and forecasting accuracy reviews • Optimized the DMI (DME/DFR) process as there was no financial system to align the operations and the bottler’s information for claims and payments. • Recovered $1.8MM in late fees from Bottlers • Uncovered a gap in DMI of almost $4MM at the end of the year and was able to fix it in conjunction with the marketing finance department, avoiding a P&L hit and decrease in the performance of the region.

Finance Manager - Commercial Finance
Costa Rica
Lead manager in charge of the New Port, Doral and Lucky Strike brands. • Power BI automation and implementation for MBR project • Marketing Overheads and Weekly Redemptions SOX controls owner. • Creator of account assignment process improvement project. • Provider of optimal assistance to the Senior Managers and Directors in the analytical processes. • MicroStrategy certified analyst and trainer • Expert in ERP systems such as SAP and Oracle • Member of the training board, successfully training and mentoring over 30 professionals in tools such as Excel, Power BI, Power Apps, and MicroStrategy. • MVP (Most Valuable Player) Award received for outstanding performance • Yellow Belt (Six Sigma) Certified

Sr. FP&A Corporate Analyst
Specialist in bookings allocations. Planning and reporting. Owner of CEO Scorecard. Specialist in data analytics for the corporate team. Key point of contact for the Business Analytics team. Owner and trainer of Power BI dashboards and visualizations for financial reports.

Revenue Assurance Sr Analyst
Heredia
• Analysis of revenue contracts for the North American region using the US GAAP, SOP 98-1 and 97-2. • In charge of journal entry posting to the P&L for installment payments. • Lead of the Improvement and innovation project of the analysts’ master documentation file • Expert in the use of Excel and ERP systems as SAP and Oracle

Strategy Consultant
Banco Cathay
Costa Rica
Consultant in charge of re-formulating the medium term general strategy for the entire bank. Aligning the short term strategy with the long term strategy in order to make growth and profitability more feasible and sustainable.

Process Auditor
Costa Rica
• Trilingual internal auditing specialist (SP, PT and EN) • Designated main Portuguese auditor for the Kindle division for Brazil and the US • Owner of specialized internal daily quality auditing and internal auditing processes (control) • Generated time savings in report processes by task reorganization and analysis

Regional Financial Advisor
Costa Rica
• Head of the Financial Advisory group; in charge of supporting the Panamá and Costa Rica divisions • Managed over 10 members (direct reports) • Standardized the accounting processes for the 9 Local Committees in Costa Rica and Panamá • Restructured financial processes within 3 months, creating considerable cost savings and over 2 weeks of time in the preparation of financial statements.
Education

Big Data and Data Analitics
The program is intended for professionals who see the business landscape shifting in favor of data-driven decisions, it is aimed at a broader range of people who want to learn to use powerful statistical machine learning tools and big data infrastructure to extract actionable business insight from mountains of business data.
Karen Alvarado's Contact Information
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