Facundo Cello Email & Phone Number

Argentina

Madrid, Comunidad De Madrid, España

- Understanding entities, governance structures and operational systems.- Identify and assess financial and operational risks, designing appropiate audit procedures.- Manage relations with clients Senior Executive Management.- Train and develop audit team members to maintain high work quality.- Preparation of deliverables, Audit Reports, Presnetations to Audit Committes, reporting to other audit firms.- Negotiate fees, hours and ensure the profitability of projects.- Develop a detailed schedule for the audit and ensure the compliance to the timeline.- Provide support to clients on accounting matters based on their needs

Madrid, Community Of Madrid, Spain

Lead the audit team, supervising the execution of audit tests. Maintain close relationships with the client’s accounting team. Ensure compliance with quality and standards, and coordinate tasks to meet deadlines and objectives. Conduct high-risk and complex substantive tests, such as going concern analysis, assets recoverability, provisions, leases, revenues, others.

Buenos Aires, Argentina

- Preparation of the whole Statutory Financial Statements (Local GAAPs and IFRS) in coordination with different areas.- Direct contact with external auditors.- Identify accounting GAAPs between corporate and statutory accounting standards.- Cooperation with tax managers to calculate and review income tax provision and deferred income tax.

Corrientes, Argentina

- Professionalization of the company's Administrative Area.- Implementation of an accounting system under Argentine standards.- Development of a procedures manual, risk identification, and design of controls to mitigate those risks.- Collaboration with specialists in marketing strategies and commercial brand development.- Inventory control over 3 branches.- Management of accounts receivable and accounts payable, with close interaction with clients and suppliers.- Development of software applications for control the employees activity in field.- Close contact with an external accounting firm on tax and audit matters.- Delegation, explanation, and review of assigned procedures in the project.

Argentina

I have worked in large Oil & Gas clients at KPMG Argentina in teams of 11 to 13 people, applying international standards (IFRS and US GAAP) across various areas:- IFRS 16 (Right of Use): RoU, Lease liabilities, P&L impact (interest and amortization). Analyse contracts, verify discount rates (with specialists support). Work with First Adoption in January 2019.- IFRS 15 (Revenues): Validate revenues completeness, existence, and accuracy through analytical procedures and detailed testing, including the use of IDEA tool functions.- Property, Plant, and Equipment: Analitycal procedures on the net book value and depreciation recalculation. Test of details of asset capitalization.- IFRS 9 (Investments): CAPs Fair Value and P&L impacts validation.- IAS 2 (Inventories): Assessed inventory existence, integrity, and accuracy. Planned and coordinated inventory counts, reviewed documentation, and reconciled differences.- Cash and cash equivalent: Bank reconciliations and External Back confirmations (physical and by Confirmation.com).- Perform Analytical Reviews and comparission between IFRS and US GAAP.- Audits: Conduct complete audits of group companies and UTEs under Argentine standards, IFRS, and US GAAP.- Consolidation: Review of Consolidated Financial Statements under IFRS and US GAAP.- Reporting: Report documentation to other KPMF firms (Uruguay and Spain).- Going Concern Analysis: Evaluation of the COVID-19 impact.- Materiality Calculation following KPMG guidelines.- Participation in KPMG Clara Workflow pilot program.- Training for new team members: delegate tasks, explanation, and review of assigned procedures.

Argentina

- Revenues: Substantive Analytical Procedures; Cut-off procedures; Test of Detailes: Take samples and vouching of revenues with quarterly populations and combined evaluation with IDEA.- Property, Plant and Equipment: Test of Detailes of fixed assets and intangibles; Depreciation testing; Analysis of additions and disposals.- Financial Instruments: Detailed testing: Fixed-term deposits; Government Bonds; Analysis of Purchases, Sales, Collections of Government Bonds; CAPs analysis. Interest incomes/expenses recalculations.- Cash and Cash Equivalent: Bank Reconciliation; External Bank confirmations.- Inventory: Stock count, Rollforward, reconciliation, and documentation.- Reporting of Agreed-Upon Procedures (AUP) to other KPMG firms: Preparation of working papers and reporting documents.- Training for new team members, delegate tasks, explanation, and review of assigned procedures.- Financial Statements Quarterly and Annual Analytical Reviews.- Teamwork (5 to 7 people).- Applicable standards: IFRS and US GAAP.

Argentina

- Revenues: Substantive Analytical Procedures; Test of details; Cut-off procedures.- Property, Plant, and Equipment: Substantive Analytical Procedures (Recalculation of Fixed assets and Intangibles Net Book Value, Depreciation, Conversion); Test of details (Additions and disposals according to applicable accounting standards).- Financial Instruments: Test of details (Fixed-term deposits; Government Bonds; Analysis of Purchases, Sales, Collections). P&L Interest Income/expenses recalculation.- Cash and Cash Equivalents: Banks confirmations and Bank Reconciliations.- Inventory: Existence inspection, Rollforward, reconciliation, and documentation.- Teamwork (5 to 7 people).- Applicable standards: IFRS and US GAAP.