Diego G. Ruiz Email & Phone Number

1000 Trade Drive, Morrisville, Nc 27560

Core Duties• Understand all elements of the Income Statement, Balance Sheet and Statement of Cash Flows to enable meaningful review and ensure reasonableness; identify, prioritize and drive improvements• Manage and account for all treasury activities; cash and investment portfolio activity, merchant agreements, and banking relations• Drive improvement in quality, timeliness and efficiency of period-end close process and resulting financial statements• Maintain chart of accounts, general ledger transactions, account reconciliation review and other activities that lead to a 5 day close• Assist with activity related to an accurate and timely year-end close, external audit, and preparation of the year-end CAFR

Goldsboro Y Alrededores, Carolina Del Norte, Estados Unidos

Responsibilities• Responsible for the cash management strategy of the company. Serve as the main point of contact with the financial institutions.• Prepare the weekly cash flow reports for senior management and the lending institution. The report includes a rolling 13 week forecast with supporting commentary and variance analysis.• Prepare weekly and monthly borrowing base certificates supporting the collaterals reported to the lending institution.• Prepare daily report of the cash position, working capital balances and forecasted availabilities for senior management.• Assist senior management with the budget and forecast preparation.• Manage treasury systems of PNC Bank and Wells Fargo Bank• Manage standby letters of credit and bank guarantees requirements.• Coordinate and initiate all electronic payments to vendors.• Prepare a monthly interest allocation schedule for the four business units of the organization.• Assist the accounting department with the monthly bank reconciliations.• Provide recurring and special reports to the Chief Financial Officer and the Chief Executive Officer on treasury-related matters.• Write policies and procedures for all treasury related tasks and systems.Accomplishments:• The Treasury position was new in the organization, so with input from banking personnel I learned the loan and funding process and calculations related to an asset based loan. This understanding allowed me to build a tracking and forecasting tool to manage the daily availability and to generate daily reports for the Chief Financial Officer and senior leaders. I documented the process in a procedures manual.• Created templates to structure monthly bank reconciliations for the four business units of the organization.• Facilitated the winding down of banking operations after the sale of the company, and assisted the new company transition to the new financial institution.

Ecuador

• Be the primary contact with the financial institutions in order to manage an investment and loan portfolio according to policies and procedures established by the headquarters. Also, manage the merchant agreements for mass collections in the post and pre-paid business of the organization.• Management of accounts receivables in the postpaid business. The past-due accounts closed 2013 at a yearly average of 7.85% in 2013 versus 6.98% in 2012.• Controlling and reporting G&A expenditures. In 2013 it closed at a rate of 6.8% of revenues versus a 7.1% in the original budget.• Cash management in order to become a cash provider to the corporate. The contribution to Pan Regional costs for 2013 was US$16.5 million and the original budget considered a US$16.9 million contribution.Accomplishments:• Consolidated the finance and administrative structure in the accounting, planning, treasury, billing, collections and administrative areas to cope with the business growth (revenues increased from US$17 million in 2009 to US$119 million in 2013). This process included developing and coaching a team of highly skilled managers in the finance area. The process was a team effort with the Human Resources Department.• Negotiated and coordinated the development and implementation of E-Billing with the software supplier and the tax regulator in Ecuador. We launched the product in 2010 and were the pioneers in the country.• Negotiated and coordinated the development and implementation of a virtual point of sale with the two credit card integrators in Ecuador: DATAFAST and MEDIANET. We launched the product in 2013 and were pioneers in the country. With the tool we reduced the installation work orders approval from 8 hours to 0 hours since it was automated in an E-Sales system at the web.• Developed and launched more than 15 policies and procedures for the Finance Area.This was in a team effort with the Internal Control and Procedures Area.

Ecuador

An Ecuadorian company that provided DIRECTV satellite TV services since 1996 through a franchise granted by DIRECTV Latin America. On August 2008, it became an authorized dealer for DIRECTV Ecuador because US corporate headquarters decided to operate directly in the Ecuadorian territory. Presently it is the largest dealer nationwide out of 35 dealers working for DIRECTV Ecuador.Responsibilities:• Issuance of periodic financial statements duly audited by Deloitte for the use of the Ecuadorian regulatory entities, stockholders and DIRECTV Latin America.• Planning, developing, controlling and supervising activities of the accounting, budgeting, treasury, acquisitions, administrative and technical areas of the organization.• Designing and establishing policies and procedures for the entire organization.• Insurance coverage of the fixed assets, international and local transportation of equipment, civil responsibility, and others.Accomplishments:• Lead the transition of the company to DIRECTV Ecuador C. Ltda. once DIRECTV Latin America acquired the rights to operate in the Ecuadorian territory.• Restructured US$11million debt of the organization with four banking institutions. The debt corresponded predominantly to the import of DIRECTV equipment for the subscriber’s base. The loans were paid-off within the next five years as a result of a well-structured financial plan that I designed and implemented.• Developed and executed a financial commission structure, including policies and procedures for the sales, technical, and past-due collections.

Ecuador

A subsidiary of The Coca-Cola Company. Leader in the market of soft drinks, fruit juices, and sport drinks.Responsibilities:• Cash flow management and the relationships between the organization and financial institutions.• Accounts receivables management from the six local bottlers for the sale of concentrate, advertising materials, and management fees.• Import of concentrate and advertising materials.• Management of local and foreign currency exchange transactions.• Monthly and yearly preparation of Ecuadorian macroeconomic reports to the corporate headquarters.Accomplishments:• Established policies and procedures with the insurance company that facilitated the negotiation of yearly rates and the time frame for claims handling.• Balanced an appropriate portfolio of local and US currency for the operations of the organization and for the monthly financial reports.• Established policies and procedures to optimize the imports of concentrate and the nationalization of the inventory from customs. This reduced the transit of goods from overseas to our local warehouse from one month and a half to one month.

Ecuador

A subsidiary of RJR Nabisco and the Ecuadorian corporate headquarters of three entities: Nabisco Royal del Ecuador S.A. (produced Royal products and Fleishman yeast), NABEC del Ecuador S.A. (produced a wide variety of cookies), and GELEC S.A. (produced and exported pure gelatin to the group of companies that belonged to RJR Nabisco).Responsibilities:• Cash flow management of the three companies in the group to provide them with the funds required for their operations, to instrument temporary investments with the cash excess, and to fund their needs either with resources from the affiliates, from the corporate or from the local financial institutions.• Management of accounts receivables from the commercial chain conformed by wholesalers (55%), retail chains (35%) and entrepreneurs (5%).• Quarterly royalty calculations and payments to the corporate companies in the United States.Accomplishments:• Planned and executed a procedure to prepare a monthly cash flow with weekly updates and reviews utilizing the direct input from the line managers of the three companies within the group.• Developed and deployed policies and procedures to grant credits to the commercial chain and to collect past-due accounts through legal entities.• Designed and implemented a system to record bank transactions, perform bank conciliations, and submit to the Accounting area the coded transactions for their review and posting.

Ecuador

An Ecuadorian company dedicated to provide oil services in the drilling and production phases.Responsibilities:• Issuance of financial statements and operational reports duly audited by Deloitte for the use of regulatory entities, the stockholders, the state oil companies that granted the contracts to the company, and the financial institutions that granted the loans and guaranties to the organization.• Prepare business plans to participate in the bidding processes with the government for oil contracts.• Accountable for the administrative and logistic operations of two jungle based camps of the organization.Accomplishments:• Developed a strategic business plan for the organization.• Implemented a financial business plan that allowed the organization to restructure its liabilities with the financial institutions and improved its collections with the government for services rendered.

Ecuador

Corporate Planning Analyst01/1991 – 03/1992Corporate Treasury Analyst 06/1989 – 01/1991A subsidiary of Philip Morris International. It was the Ecuadorian corporate of four companies: Tabacalera Andina S.A. (TANASA), Industria de licores S.A. (ILSA), Proveedora del Ecuador S.A. (PROESA), and Industria del Tabaco, Alimentos y Bebidas S.A. (ITABSA).Responsibilities as Corporate Planning Analyst:• Budget and forecast preparation for ITABSA and PROESA, along with the management comments to review with the Planning Manager.Accomplishments as Corporate Planning Analyst:• Worked successfully with the managers at the different levels of both organizations, so that each would have a sense of ownership and responsibility in the data provided, for the success of their business plans and goal achievements.Responsibilities as Corporate Treasury Analyst:• Monthly cash flow preparation of ITABSA and for the cash flow consolidation with the other companies of the group.• Feasibility analysis of all capital investments in the holding.• Preparation of monthly reports to the corporate headquarters for the status of the capital investments in-progress.Accomplishments as Corporate Treasury Analyst:• Designed and implemented a procedure to keep track of all capital investment projects received in the area for feasibility analysis, until final approval or rejection was issued by the corresponding authorization levels (local or from the corporate) depending on the funds and time required. As a result, the internal service to the areas that proposed the investments improved substantially.• Worked in the approval of a credit line to finance the tobacco planting of TANASA with the Ecuadorian Central Bank. These kind of credits were funded by an international entity called FLAR that operated for the countries that belonged to the Andean Pact. As a result, the financial cost for these operations reduced substantially.

Master'S Degree, Mba In Information Systems

Master Of Business Administration (M.B.A.), General Option

Bachelor, Science In Business Administration, Accouting