Senior executive with over 20 years of experience across various market in the food & Beverage industry with a solid background in finance and business management. Expert in driving and enhancing business and stakeholders’ economic resources, through Strategic Financial Planning, and comprehensive business management. Career Highlights: o International proven track record in multinational companies such as Nestlé Panamá (Central America scope), Nestlé El Salvador, and special projects in Mexico and Central America of well-known brands.o Extensive international experience in financial consulting, financial reporting, FP&A, and business organization within the food & beverages industry.Core Competencies: Business and commercial financial administration, strategic and financial planning (FP&A), treasury management, financial reporting, corporate finance, and controllership.Leadership Style: A holistic Senior Financial Director and business co-pilot, known for true democratic leadership skills, supported by extensive experience and an open collaborative attitude, Strong interpersonal skills, problem-solving abilities, and analytical thinking, effective team player, accustomed to working in complex, challenging, and multicultural business environments.
Freelance
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Fractional CfoFreelanceTitusville, Fl, Us
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Chief Financial Officer (Cfo)Mezcales Casa Armando - (Producer And Marketer Of Destilled Beverages) Apr 2018 - May 2024Ciudad De México, Méxicoo Developed Strategic Business Plan: Collaborated with the team of experts responsible for creating a comprehensive mid-term blueprint aimed at accelerating the international expansion of the family-owned brands, increasing brand value, and maximizing the business's profitability & Equity, driving and positioning the business to a success path.o Financial Oversight: Responsible for steering all aspects of the finance functions, internal and external financial reporting, new business… Show more o Developed Strategic Business Plan: Collaborated with the team of experts responsible for creating a comprehensive mid-term blueprint aimed at accelerating the international expansion of the family-owned brands, increasing brand value, and maximizing the business's profitability & Equity, driving and positioning the business to a success path.o Financial Oversight: Responsible for steering all aspects of the finance functions, internal and external financial reporting, new business investments, financial planning and Analysis, and finance transformation. Delivering strong and healthy product margin and price per case increase by 2X in just 2 years.o Financial Reporting: Responsible for the development, analysis, and management of the monthly financial performance review, implemented key financial and commercial metrics to quickly assess the business situation and facilitate informed decision-making of the family office. o Negotiations skills: Played a key role in the negotiation process with 3rd party distributors, achieving solid financial and commercial agreements in the targeted key markets.o Financial Administration: Management of commercial agreements with internal and external business partners, ensuring compliance with contractual objectives.o Logistics and Operations Supervision: Supervised international exports, demand planning, production, logistics, supply chain, production cost analysis, and strategic external warehouse management (inbound). People Management: Led and supervised a diverse team, fostering a collaborative and productive work environment in a company with over 200 employees and a presence in 20+ markets. Show less
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Financial DirectorGrupo Inmobiliario Pacific Hills (Real State Market Leader) Mar 2017 - Apr 2018Panamáo Oversight of Group Finance and accounting for over 40 family-owned companies. o Responsible for restructuring the finance and accounting department, building a top-notch team capable of delivering rock-solid, accurate, and timely financial statements.o Operational Guidelines and Internal Controls: Implemented operational guidelines and internal control processes, reducing business waste, improving cash collection/free cash flow, decreasing accounts receivable overdue accounts by 30%… Show more o Oversight of Group Finance and accounting for over 40 family-owned companies. o Responsible for restructuring the finance and accounting department, building a top-notch team capable of delivering rock-solid, accurate, and timely financial statements.o Operational Guidelines and Internal Controls: Implemented operational guidelines and internal control processes, reducing business waste, improving cash collection/free cash flow, decreasing accounts receivable overdue accounts by 30%, and accelerating the month-end process from 12 to 8 working days.o External and stakeholder relationship: Strengthen the relationships with external financial institutions, regulatory entities, and stakeholders ensuring timely, accurate, and reliable needed information.o Operational Metrics Implementation: Implemented Key financial operational metrics such as Days Sales Outstanding (DSO), Days Payable Outstanding (DPO), and TNWC resulting in Working capital improvement and operational free cash flow. Show less
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Finance ManagerFlor De Caña Rum Dec 2011 - Dec 2016Panamáo Business Co-pilot: Assisted the Managing Director in the decision-making process, providing timely and accurate strategic financial analysis, foreseeing potential financial risk, and modeling business scenarios to maximize profit margins and market opportunities through a dynamic forecast model.o Comprehensive Financial Management: Responsible for full financial and administrative activities, including monthly business reporting to the board, coordinating the annual budgeting process of… Show more o Business Co-pilot: Assisted the Managing Director in the decision-making process, providing timely and accurate strategic financial analysis, foreseeing potential financial risk, and modeling business scenarios to maximize profit margins and market opportunities through a dynamic forecast model.o Comprehensive Financial Management: Responsible for full financial and administrative activities, including monthly business reporting to the board, coordinating the annual budgeting process of $40M, FP&A, pricing strategy, customer pricing structure analysis, and dynamic demand planning.o Commercial Support: Responsible for providing financial support to the commercial team with monthly financial metrics, performance analysis, developing business scenarios to maximize profit margins, implementing timely corrective action plans, and supervising time-to-market product delivery.o Internal Control Leadership: Led the implementation and strengthening of internal control policies, guidelines, and best practices of the Business unit.o Distributor Relationship Management: Managed business relationships with distributor financial peers and top management across 40+ markets, overseeing contractual metrics, terms, cash collections, inventory levels, and A&P budget, ensuring is within the plan.o Special Projects Financial Analysis: Responsible for conducting financial analysis for special projects, including business/brand evaluations, new product development, and new business opportunities. Show less
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Country ControllerNestlé Nov 2008 - Dec 2011El Salvador (Expatriate)Promoted as a Country Controller (Co-Pilot) of the 3rd most important Country of Central A. region with over $100MM+ annual sales, recognized by the business unit as a solid business partnership (attending 6 business units). Achieving general expense reductions by -5% annually, a trade discounts reductions of 4 BPS annually, a distribution expenses reduction of 5 BPS throughout strong negotiation with transporters.o Overseeing country financial and administrative activities: P&L… Show more Promoted as a Country Controller (Co-Pilot) of the 3rd most important Country of Central A. region with over $100MM+ annual sales, recognized by the business unit as a solid business partnership (attending 6 business units). Achieving general expense reductions by -5% annually, a trade discounts reductions of 4 BPS annually, a distribution expenses reduction of 5 BPS throughout strong negotiation with transporters.o Overseeing country financial and administrative activities: P&L, controllership, pricing cost structure, distribution center, reporting, A/R, cash flow management, working capital, FP&A, support Business units, audit teams, and statutory compliances.o Responsible for the preparation of the financial reporting package to Headquarters “Best in class”.o Ensure compliance with corporate internal guidelines and policies. o Calculate and keep control of monthly performances KPI´s Real internal growth, Organic Growth, trade working capital, Trade and marketing expenses, overheads expenses. Show less -
Regional Sales Controller (Central América Headquartes)Nestlé Oct 2006 - Nov 2008Panamáo Central America Commercial business controller, responsible for FP&A of $60MM budget for 6 countries.o Responsible for the integration of Central America Marketing & Commercial Plans.o Responsible for the regional pricing list and trade expenses administration.o Keep control of general expenses and cost savings of the commercial division vs Plan.o Generated Analysis and reporting to top executives of Key commercial KPIs such as sales trends, Pricing, Product mix, trade… Show more o Central America Commercial business controller, responsible for FP&A of $60MM budget for 6 countries.o Responsible for the integration of Central America Marketing & Commercial Plans.o Responsible for the regional pricing list and trade expenses administration.o Keep control of general expenses and cost savings of the commercial division vs Plan.o Generated Analysis and reporting to top executives of Key commercial KPIs such as sales trends, Pricing, Product mix, trade expenses, margins, market shares, and distribution metrics.o Assist in the preparation of regional monthly dynamic forecast & monthly reports to the Management committee.o Ensure compliance with sales best practices and corporate trade Policies. Show less -
Regional Budget & Control AnalystNestlé Apr 2003 - Oct 2006Panamáo Lead Regional financial consolidation (6 countries) based on internal rules and IFRS regulations.o Financial support for 5 Business Units (pricing, margins, new products development, investment).o Preparation and analysis of monthly financial reports (Sales, gap’s, forecast, Profit & Loss) according to internal reporting guidelines.o Profitability analysis by country, brands, SKUs.o Monitoring of sales, trade spends, COGS and marketing expenses.o Calculation of top… Show more o Lead Regional financial consolidation (6 countries) based on internal rules and IFRS regulations.o Financial support for 5 Business Units (pricing, margins, new products development, investment).o Preparation and analysis of monthly financial reports (Sales, gap’s, forecast, Profit & Loss) according to internal reporting guidelines.o Profitability analysis by country, brands, SKUs.o Monitoring of sales, trade spends, COGS and marketing expenses.o Calculation of top line KPI, Real Internal Growth and Organic Growth. Show less -
Accountant & Administration ChiefSt. Georges Bank May 2000 - Mar 2003Panamá- Chief accountant of six different foreign companies of St. Georges Holding Group
Héctor R. Education Details
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Ernst & Young AcademyAccounting And Finance -
Universidad Especializada Del Contador Publico AutorizadoGraduate -
Business Administration And Marketing -
Bachelor Degree
Frequently Asked Questions about Héctor R.
What company does Héctor R. work for?
Héctor R. works for Freelance
What is Héctor R.'s role at the current company?
Héctor R.'s current role is Fractional CFO.
What schools did Héctor R. attend?
Héctor R. attended Ernst & Young Academy, Universidad Especializada Del Contador Publico Autorizado, Universidad Interamericana De Panamá, Universidad De Panamá.
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Hector Sueiro
Financial Industry Executive Leader ◊ Operations & Financial Strategy ◊ Deploying Innovative Strategy & InsightTampa, Fl5gmail.com, hotmail.com, hotmail.com, comcast.net, ubs.com2 +178736XXXXX
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Hector Diaz
Senior Product Manager | Wealth Management Digital Services At Northern Trust CorporationGreater Chicago Area4gmail.com, ntrs.com, northerntrust.com, ntrs.com -
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