Luis Toledo Email & Phone Number

Los Angeles, Ca, Us

Los Angeles Metropolitan Area, California, United States

Assignments include interim CFO for a highly respected Law School, managing daily activities such as bank reconciliations and payment processing, as well as external audits and bank/investment relationships, interim CFO for a Cross Border Xpress bridge between Mexico (Tijuana) and EU (San Diego), responsible for ensuring the audit of consolidated financial statements was done accurately and on time, and interim controller for a respected liberal Non-Profit College, responsible for creating processes to produce the Audited Financial Statements and liaison to external auditors. And Interim Controller to another Non-Profit College, improving processes for Audited Financial Statements and Faculty Payments.

Working with CFO and senior management in Accounting and Financial Planning and Analysis to automate budgeting and forecasting processes for the Balance Sheet and Free Cash Flow statements. Also, identifying efficiencies on managerial reports to improve use of current reporting systems.

Greater Los Angeles Area

Financial management consulting for start-up privately held and celebrity backed companies in industries such as online gaming, fast food, fruit drink pouches, Home Owners Associations and Textile/Fashion/Design. Areas of focus include: Financial feasibility analysis. Evaluation of Internal controls, policies and processes. Cash Flow process analysis. Cash forecasting, long range forecasting. Development of financials for raising capital and other projects as needed.

Greater Los Angeles Area

Created a brand new global FP&A team that regained the trust across the company by providing a more reliable budgeting and forecasting capabilities in only 2 months.

Panama City, Panama

Member of the Executive Committee. Responsible for revamping all financial activities, including rebuilding the entire Finance team into one focused on delivering results. Going from negative EBITDA on year 0, to positive in Year 1, doubled in year 2 and on track to double it again on year 3.Implemented new processes for a more streamlined data flow improving the decision making process, making Finance a true business partner, including new Forecast, Budget and Long Range Processes.Boosted the Finance Department reputation and reliability within the University by optimizing discipline, organization and results.Managed a 30+people team with 5 direct reports. Reduced turn-over and increased motivation by self-assimilating local cultural traits, organizing team roles and objectives, reinforcing accountability, and adjusting compensation.

Led the implementation of a new global Forecast/Budget process involving operations in 5 continents and 20+ countries, resulting in efficiencies generating a more trusted Finance team around the world. As a result, the corporate annual budget process went from 2 months to 2 weeks, with more accuracy than before. Provided senior executives with financial insight to drive decision-making & improve performance. Managed a 10-people multi-cultural team, distinct for its technical and specialty diversity.

Managed the revenue and expense forecast process for the Cross Sell business unit with emphasis on the revenue from third party vendors and marketing. Managed a total operating expense budget of $150 million. Oversaw a credit card portfolio with $2.2 billion in receivables and an operating budget of $100 million in an earlier assignment.Prepared and automated long term strategic P&L forecasts for a more effective evaluation of several business units within the Credit Card division, improving profitability by more than 20%. Provided liaison between Finance and Decision Management, Risk Management, Marketing and IT to ensure optimal preparation and forecasting by Operations for Front-End business activities.

Achieved corporate consolidation of 150+ hotels with revenue in excess of $600 million.Increased efficiencies by more than 100% for senior management to faster access financial information for investors. Developed and implemented a new Access/Essbase database. Directed and compiled information for annual budget preparation between field and corporate offices. Reduced the consolidation time by more than 50%.Prepared weekly, monthly and quarterly statistics and flash reports for senior managers and investors, as well as monthly and quarterly Board of Director packages.

Led a staff of 4 financial analysts with an operating budget of $50+ million in the preparation of recurrent and special reports for Board of Directors, stockholders, regulatory authority and senior management regarding the company’s cellular, mobile radio and paging operations.

• Reviewed operations and financial areas of multiple companies and prepared consolidated and combined financial statements.• Developed auditing plans and conducted external audits for a variety of clients including commercial, service, manufacturing, and freight companies.

Mba

Accounting