Felipe Bustamante Ortiz

Felipe Bustamante Ortiz Email and Phone Number

CEO | President | General Manager | Energy transition | Country Manager | VP Finance Latam Region | Board of Directors | CFO @ C.I Milpa S.A
Bogotá, Bogota, CO
Felipe Bustamante Ortiz's Location
Bogotá, Capital District, Colombia, Colombia
Felipe Bustamante Ortiz's Contact Details

Felipe Bustamante Ortiz work email

Felipe Bustamante Ortiz personal email

n/a
About Felipe Bustamante Ortiz

Financial Executive, Trilingual (Spanish, English, Portuguese) with more than 13 years of experience working in Multinational companies, leading the strategy, planning, and management of Corporate Finance, Business Development, and Strategic and Financial Planning for Latin America, demonstrating an approach to senior management and generating successful results in transformational and multicultural projects.Strong knowledge in P&L management, strategic finance, risk oversight, business strategy, mergers and acquisitions, planning, and continuous improvement to create a productive organization.Excellent competencies to execute Financial, Cash Flow, New Business Development, Commercial Operations, Profitable Structures, Financial Transformation, Process Reengineering, and Performance Management projects, helping global organizations overcome challenges.Global, analytical, critical, and strategic thinking. Leader to work with interdisciplinary and multicultural teams, easy to relate with different managerial and organizational levels, ability to transmit and communicate eloquently and with a sense of belonging, responsibility, and commitment.Specialties: • Strategic Planning • Strategic Partnership Management • Business Transformation• Financial and Operational Control • Corporate Finance • US GAAP | IFRS Compliance• Resource Management • Business Development • Business Plan and Forecast• Business Process Improvement • Sustainability and Innovation • Turnarounds | Restructuring

Felipe Bustamante Ortiz's Current Company Details
C.I Milpa S.A

C.I Milpa S.A

View
CEO | President | General Manager | Energy transition | Country Manager | VP Finance Latam Region | Board of Directors | CFO
Bogotá, Bogota, CO
Website:
milpa.com.co
Employees:
230
Felipe Bustamante Ortiz Work Experience Details
  • C.I Milpa S.A
    C.I Milpa S.A
    Bogotá, Bogota, Co
  • C.I Milpa S.A
    President
    C.I Milpa S.A May 2024 - Present
    C.I. MILPA is a Colombian mining company specializing in the production and export of metallurgical coke. Metallurgical coke is a key product in the steel industry, primarily used in steel production. Milpa is known for being Colombia's leading exporters of this material, significantly contributing to the country's position as one of the largest exporters of metallurgical coke globally.The company operates in partnership with other mining companies and has a substantial workforce that plays a crucial role in its global operations. Additionally, C.I. Milpa S.A. strives to maintain high standards of quality and sustainability in its mining and export activities.
  • Ruitoque Esp
    Board Member
    Ruitoque Esp Jan 2023 - Sep 2024
    Floridablanca, Santander, Co
  • Siemens Energy
    Lead Country Cfo North Andina Region
    Siemens Energy Feb 2020 - Jul 2023
    Responsible for the formulation and execution of the regional financial strategy focused on Energy transition. Lead the financial structuring of companies, due diligence, and structuring of economic projects. Develop and implement internal control processes and process standardization systems; Manage the financial area, treasury control and financial operations, cash flow management, annual and quarterly budget, banking relationship and cash management, credit management, and collections. Achievements:• Optimization of cash flow through establishing monitoring and control processes of payments and collections, resulting in positive net flows during the year, avoiding financial costs.• Unification of the North Andean Region through synergies in corporate departments, optimizing structures, and reducing costs by 2%.• Strengthened relationships with private and multilateral banks and organizations for the development of energy infrastructure projects in the Region. • Development of the first large-scale green hydrogen project in the Region. Winning participation because of the financial offer provided to the client in conjunction with the German government and multilateral banks.
  • Siemens Energy
    Vp Transmission Power Finance Latam
    Siemens Energy Feb 2020 - Oct 2022
    Responsible for the financial performance of EUR 300M P&L of the Transmission Systems business in Latin America and the company in Colombia comprising the entire Siemens Energy portfolio in Power Generation, Transmission, and Oil & Gas. Leader of financial support functions such as Treasury, Accounting, Tax, IT, SCM, Risk & Internal Control. Implement the company's portfolio recovery strategy and cash flow optimization.Achievements:• Turnaround of the substation business in LatAm from negative to positive profit due to the redefinition of the risk profile.• Development of civil works partners and contractors, guaranteeing competitiveness and quality in the delivery of works associated with the projects, reducing non-quality costs by 2.5%.• Restructuring of the transmission business in LatAm through reorganizing the area, reducing the payroll by 20%, and optimizing human resources in the Region according to the needs of each market.• Recovery of overdue receivables through refinancing negotiations with customers reaching EUR 15M.
  • Siemens
    Cfo Of Transmission Solutions And High Voltage Products For South America
    Siemens May 2015 - Feb 2020
    Munich, De
    Responsible for P&L and financial performance of EUR 200M. Restructuring the business in the Region and reducing operating costs to increase competitiveness and profitability, leading the financial sales and bidding department in Latin America, developing New Business Models, Financing Solutions, and Go-to-Market Strategies, and structuring the new Siemens energy company in Colombia from the legal, financial, and operational points of view.
  • Siemens
    Financial And Operational Audit Supervisor In Latin America
    Siemens Oct 2012 - Apr 2015
    Munich, De
    Internal audits with an advisory approach to Siemens global businesses and locations focused on Operational and Financial risks. Reporting critical factors that could lead the company into financial trouble.Achievements:• Refocusing the scope of the audits towards an advisory approach to the business lines impacting the relationship with internal customers through collaborative relationship building.• Early detection of operational risks associated with projects of significant financial impact at a global level, avoiding cost overruns for the company.• Development of the strategy of risk and opportunity analysis in the most critical projects in Latin America to make the financial situation transparent in the P&L and balance sheet of the company.
  • Siemens
    Commercial Project Manager
    Siemens Jan 2011 - Sep 2012
    Munich, De
    Manager projects related to generation and transmission such as Hydroelectric, Thermoelectric, and substations. Responsible for project management, budget control, expenses, and contractual negotiations with clients and suppliers. Experience in bids, bidding documents, and commercial and payment conditions during the negotiation phase.
  • Siemens
    Commercial Analyst Jr
    Siemens Mar 2009 - Dec 2010
    Munich, De
    Energy control, protection and distribution Switchgears factory. Factory controller with special focuson inventory management and Assets control. Team member of lean manufacturing methodologyimplementation and Siemens Production System.Achievements: Reduction of raw material stock by 15%, logistics improvement in the clearanceproducts and shipping documentation.Also experience as a commercial bid manager responsible for tenders and bidding process, paymentterms and commercial conditions during contract assignment and project life time.Commercial manager of new products development, set up of MV mobile substations manufacturingline and responsible for its cost structure.

Felipe Bustamante Ortiz Skills

Auditing Managerial Finance Internal Audit Forecasting Internal Controls Financial Reporting Financial Accounting Financial Analysis Cost Accounting Accounting Ifrs Financial Audits Us Gaap External Audit Gaap Sap Sap Products Variance Analysis General Ledger

Felipe Bustamante Ortiz Education Details

  • Inalde Business School
    Inalde Business School
    Management And Operations
  • Pontificia Universidad Javeriana
    Pontificia Universidad Javeriana
    Industrial Engineering

Frequently Asked Questions about Felipe Bustamante Ortiz

What company does Felipe Bustamante Ortiz work for?

Felipe Bustamante Ortiz works for C.i Milpa S.a

What is Felipe Bustamante Ortiz's role at the current company?

Felipe Bustamante Ortiz's current role is CEO | President | General Manager | Energy transition | Country Manager | VP Finance Latam Region | Board of Directors | CFO.

What is Felipe Bustamante Ortiz's email address?

Felipe Bustamante Ortiz's email address is fe****@****ens.com

What schools did Felipe Bustamante Ortiz attend?

Felipe Bustamante Ortiz attended Inalde Business School, Pontificia Universidad Javeriana.

What skills is Felipe Bustamante Ortiz known for?

Felipe Bustamante Ortiz has skills like Auditing, Managerial Finance, Internal Audit, Forecasting, Internal Controls, Financial Reporting, Financial Accounting, Financial Analysis, Cost Accounting, Accounting, Ifrs, Financial Audits.

Who are Felipe Bustamante Ortiz's colleagues?

Felipe Bustamante Ortiz's colleagues are Catherine Rodriguez, Mao Uniminas Martinez Urrego, Cristian Gari Acosta, Yony Paipa Rodriguez, Laura Sofia Parra Pelaez, Anthony Camelo, Victor Manuel Diaz.

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