Ivan Sagahon Quiroz Email & Phone Number

San Miguel De Allende, Guanajuato, México

Main achievements:• Key participant in the transfer of the manufacturing operation of the plant located in Pinebluf, Arkansas, USA, increasing annual sales from $40M usd to $85M usd, and EBITDA from 15% to 25%.• Structuring, Control, Administration and Refund of Creditable Value Added Tax (VAT) for the years ended 2020, 2021 and 2022, for an amount of more than $60M mxn.• Project to translate accounting books from US Gaap to MexGaap for the years 2019 – 2023 (to date) for Mexican Tax Law compliance purposes, to avoid penalties. Main responsibilities:• Direct report to VP of Finance in the Corporate located in Indiana, USA.• Administration and direct leadership of the Controlling Accounting and Tax, Purchasing, and IT departments.• Preparation, leadership, coordination, and execution of the annual Budget (Budget), Balance Sheet and Income Statement.• Improvement in the effectiveness and accuracy of the monthly forecast by up to 98%.• Restructuring and improvement of the processes of: Purchases-Accounts Payable, Sales-Accounts Receivable, Inventories-Cost of Sales.• Study and evaluation of internal control, as well as the implementation of a matrix of controls and process risks.• Treasury Administration, as well as the analysis and elaboration of the Treasury Forecast.• Leading Local purchase team and IT department.• Continuous improvement based on financial analyze to support and encourage local direction in profitability and saving projects.

Main achievements:• Development and implementation of the Group's accounting policies.• Design, development, and execution of a strategic collection plan that allowed the company to present its billing from 40% to 90% current bills.• Design, preparation, and execution of a strategic plan to recognize the liability of accounts payable within the system from 20% to 100% (unregistered supplier invoices).• Implementation of controls focused on the Purchasing-accounts payable process (improves the process of purchase orders, approvals, and receipt and registration of indirect).Main responsibilities:• Reporting directly to the CEO and COO (Company Owners) located in the US and Canada.• Study, analysis, evaluation, and implementation of internal controls to the company's processes through a matrix of internal controls.• Economic-financial analysis that provides to the corporate a better visibility of the needs of the operation, level of liquidity, correct structuring and presentation of financial liabilities and the ability to pay.• Restructuring and tax calculation analysis of the company in accordance with the law to be 100% compliant.• Improvement in the relationship with creditor banks, improving the reporting process and complying with the COVENANTS.

Main achievements:• Responsible for the analysis and study of the business case and plan for the investment in the second manufacturing plant in Irapuato with an investment of more than $39M usd.• Promotion to Finance Director in less than 1.5 years.• Multitask leadership for 6 departments.• 42% EBITDA, worldwide result in the group based in the sales and profitability process implementation (Actuals vs Quoted).Main responsibilities:• Reporting directly to the corporate located in Troy, Michigan, USA, to the CFO and the Regional Director of Finance.• Support to the regional Director of Finance in the preparation and analysis of the Consolidated Financial Statements of the 8 North American entities.• Analysis and explanation of variations against Budget of the consolidated Financial Statements following up with the North American Plants for review and discussion with the CFO and the Regional Director of Finance.• Leadership and Administration of the departments: Finance, Comptroller, New Business, Payroll, Purchasing, IT, and Continuous Improvement, 7 management level people reporting directly to me and 15 people indirectly.• Responsible and leader of the Finance department of the 2 plants located in Irapuato, Gto., with more than 800 employees.• Study, evaluation, and implementation of the internal control’s matrix with a SOX Audit approach.• Participation in the implementation of the ERP.• Administration, preparation, coordination, and presentation of the annual budget (Balance Sheet and Income Statement) before the Board of Directors.• Preparation and presentation of the 5-year budget (Balance Sheet and Income Statement).• Implementation at the group level and follow-up of the Productivity and sales report to identify areas of opportunity and improvement of current projects, newly contracted and listed ones, to increase EBITDA, the Mexican entity managed to obtain and maintain an EBITDA of 42% on sales, the highest at the group level.

Main achievements:• Planning, design, and execution of internal audits in accordance with the SOX law.Main responsibilities:• Reporting to Regional Finance Director located in Corporate.• Monitoring and analysis of SOX reports to the corporate team.• Monitoring and analysis of the SOX control matrix.• Monitoring and analysis of the application of accounting policies.• Budget preparation.• Forecast preparation and explanation of variances.

• Study and evaluation of the Financial Statements, Internal Control and corporate reports of Automotive, Food and Services Industry - Continental Automotive Mexicana - Mann Hummel México - Norgren Manufacturing - Omni Manufacturing - Industrias Bachoco (SOX) - Agribrands Purina México - GE• Financial Audits Planning and execution as well as its Corporate reporting and Mexican Tax Authority • Reporting under NIF, IFRS and USGaap, as well as its reconciliations for reporting purposes.• Financial Statements consolidation.• Deferred Tax under NIF, IFRS and USGaap• Audits under Sarbanes Oxley (SOX) requirements.KNOWLEDGE:• NIF, IFRS and USGAAP Financial Statements.• Automotive, Maquiladora and Consumption Industries.• Experience in Automotive industry and reporting under IFRS and USGaap for Financial Statements audit purposes (Continental Automotive Mexican, Mann+Hummel Mexico, for mention some of them)

Master In Finance

Accounting And Financial Degree