Flavia V Sanches Email and Phone Number
•Tax executive with more than 25 years’ experience in Tax and Controlling, working for multinational companies of seeds, agrochemicals, chemicals, pharmaceutical, automotive and banking segments in Brazil and Southern Latin America;•Broad experience in Tax Compliance for Direct and Indirect taxes, Transfer Pricing, R&D tax benefit and in generating savings in P&L and cash flow through Tax Planning; •Experience in the Controlling department and in preparing & publishing financial statements, while following BR Gaap and IFRS principles;•Wide-ranging knowledge in building and developing tax teams at multinational companies;•Experience in the acquisition and integration of companies through M&A and M&I and in the establishment of new legal entities (merger, spin-off, asset deal, capitalization);•Negotiation skills, especially with Latin American Tax Authorities in order to renew the APA (Advanced Pricing Agreement), which led to tax transparency and reduced tax exposure;•Regional representation of Tax Area towards Latin America Tax Authorities and also representing the company at Tax Groups like GETAP, AMCHAM, Sindiveg and Swiss Chamber which facilitated the sharing of knowledge, experience, updates regarding new tax legislations and discussions with IRS (Internal Revenue Service);•Bachelor’s degree in Accounting from Mackenzie University, Graduate degree in Law from FMU, and Graduate degree in Controlling from FECAP. Fluent in English and Spanish.
Pam - Tecnologia Em Gestão
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PartnerRui Cadete E Sanches Consulting Contabilidade Ltda Dec 2019 - PresentSão Paulo E Região, Brasil
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PartnerPam - Tecnologia Em Gestão Jul 2019 - PresentSão Paulo E Região, Brasil -
MemberTewa Tax Experts Jun 2019 - Present -
Diretora Tax Brazil & Latin America SouthSyngenta Jan 2011 - Jun 2019•Conducted Transfer Pricing, R&D tax benefit, Tax Compliance for Direct and Indirect taxes, Tax Reporting for Brazil and South America (Chile, Argentina, Paraguay and Uruguay). Oversaw the Statutory department after the implementation of financial shared services in Uruguay. Tax team of 30 employees, including 3 Tax Managers. •Strong participation in M&A and M&I and established the new legal entity (merger, spin-off, asset deal, capitalization) to achieve business objective within optimization of tax burden-savings of US$30M;•Negotiation with Latin American Tax Authorities in order to renew the APA which guaranteed HUB structure and supply chain efficiency. Aligned ETR of 1% based on OM agreed which brought transparency and reduced tax exposure•Implemented Tax Planning related to PIS and Cofins tax credits over freight. Achieved tax savings and had a positive impact on P&L and cash flow of around US$10M in 2018 and generated tax savings of US$5M in relation to R&D tax benefit and IOE•Nominated among top 3 Tax Directors for the agribusiness sector in 2017 and 2018 by Confeb due to savings and the implementation of Tax Planning;•Participated in discussions on alignment of Brazil’s Transfer Pricing rules with OECD guidelines and analyzed its impacts;•Implemented PAM tool with management at real time of all ancillary obligations delivery related to Indirect Tax with KPI´s of productivity by employee with OPEX control;•Member of tax groups, including GETAP, AMCHAM, Sindiveg which facilitated the sharing of knowledge, experience, updates regarding new tax legislations and participated in discussions with IRS;•Led Tax Committee to discuss new tax legislation and its financial impact as well as new Tax audits, Tax Planning and Tax Risk Matrix within its mitigation plan•Supported new business model which provided tax guidance according to legislation and generated savings, eg: redesigning logistics distribution centers, securitization of A/R and CRA, FIDC -
ControllerBristol-Myers Squibb Aug 2005 - Jan 2011São Paulo E Região, Brasil•Ensured Tax Compliance for Direct and Indirect taxes, Transfer Pricing with two direct reports (total team of 15 employees). Direct report to the CFO Brazil and dotted line report to Global Head of Tax at HQ (New Jersey) with the primary goal being to build the tax team;•Prepared and submitted Tax Streams to headquarters with permanent and temporary differences according to BR Gaap and US Gaap principles within the ETR analysis;•Key-user for SAP implementation; able to deliver all the setup for the input and output transactions and ensure readiness for the launch in January 2006 without any delay or issues regarding the issuance of the electronic invoices;•Drew up the defense strategy and prepared the responses to the tax notifications/audits. Carried out audits to reduce tax exposure and to control the Federal Tax Clearance Certificate;•Identified and implemented Tax Planning, which brought savings of US$5.5 million related to PIS & Cofins credits over sales return for the last 5 years, PIS & Cofins credits over intermediary products and R&D tax benefit and IOE;•Supported the implementation of financial shared services in Puerto Rico and shared accounting knowledge and activities with the center;•Attended the external audit of financial statements in US Gaap and Local Gaap and prepared financial statements to be published in the newspaper signed with CPA;•Responsible for cash management and banking; analyzed cash flow and forecasted cash positions;•Managed the Private Pension Fund (BRL 100 million). -
Coordenadora TaxDupont - Danisco Brazil Ltda. Oct 2001 - Aug 2005Cotia - São Paulo•Responsible for Transfer Pricing for Danisco Brazil and Argentina;•Controlled the import and export prices, according to the global policy and local legislation with one solid line report (total team of three employees) and direct report to the CFO Latin America;•Responsible for deferred tax calculation over temporary differences between BR Gaap and IAS Danish Gaap Principles (International Accounting Standard).
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Income Tax SpecialistGeneral Motors Jan 2000 - Oct 2001São Paulo E Região, Brasil•Responsible for Tax Compliance for Direct taxes for GMB industry and for Tax Compliance for the financial entities (Leasing, Factoring, GM Bank). Managed the deferred tax calculation for temporary differences between Local Gaap and US Gaap principles and ETR analysis;•Oversaw Transfer Pricing calculation, developed an in-house system to work out the correct income tax basis to be paid; managed the Corporate Income Tax Return and reduced tax exposure while mitigating risks, which was previously done via “managerial” TP adjustment, without the proper calculation by imported and exported items from related parties. -
Tax Analyst Sr.Bankboston May 1994 - Dec 1999São Paulo E Região, Brasil•Responsible for Tax Compliance for Direct taxes and Indirect tax related to all BankBoston Group’s entities. Started as an intern and within a year was promoted to Junior Tax Analyst; this promotion was published in the local newspaper;•Sent reports to head office on a quarterly basis related to all taxes paid during the period and the local taxable income calculation; took part of external audits.
Flavia V Sanches Skills
Flavia V Sanches Education Details
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Contabilidade
Frequently Asked Questions about Flavia V Sanches
What company does Flavia V Sanches work for?
Flavia V Sanches works for Pam - Tecnologia Em Gestão
What is Flavia V Sanches's role at the current company?
Flavia V Sanches's current role is Sócia Rui Cadete e Sanches Consulting, Sócia Plataforma Gestão PAM, membro TEWA Tax Expert.
What schools did Flavia V Sanches attend?
Flavia V Sanches attended Faculdades Metropolitanas Unidas, Fecap, Universidade Presbiteriana Mackenzie.
What skills is Flavia V Sanches known for?
Flavia V Sanches has skills like Imposto De Renda, Ifrs, Iva, Sap, Impostos, Desenvolvimento Pessoal, Auditoria, Tesouraria, Auditorias Fiscais, Gaap Dos Eua, Life Skills, Imposto Corporativo.
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