Rolando Farrach Email & Phone Number

Guatemala

Responsible for providing high quality development management, managing financial objectives of the projects and meeting projects goals and timelines. Accountable for developing and fostering effective relationships internally and externally including third parties, reporting to Managing Directors.• Promoted the negotiation of a market opportunity identified for the development of a residential project. Supported the implementation of a negotiation strategy for the Directors, achieving… Show more Responsible for providing high quality development management, managing financial objectives of the projects and meeting projects goals and timelines. Accountable for developing and fostering effective relationships internally and externally including third parties, reporting to Managing Directors.• Promoted the negotiation of a market opportunity identified for the development of a residential project. Supported the implementation of a negotiation strategy for the Directors, achieving savings of ~$500K in the purchase price.• Implemented financial reporting focused on cash flow projections to have visibility of the cash position and optimize cash performance through investment strategies, achieving an economic benefit of ~$8K in three months. Among the benefits obtained, it was possible to speed up the decision-making process of where to allocate the cash to accelerate the development period of the project.• Managed a $250K budget to implement and deliver office and warehouse renovation and expansion projects for a multinational client of the firm. Show less

Guatemala

Responsible for implementing financial and technological solutions to optimize and integrate treasury processes and improve resources, reporting to the Group's Corporate Treasurer.• Sponsored supplier segmentation strategy to negotiate discounts for prompt payment and term extensions to maximize economic opportunities, achieving annual economic benefits in the P&L of US$600K, by coaching and training negotiation skills and process to procurement teams.• Implemented a credit sale… Show more Responsible for implementing financial and technological solutions to optimize and integrate treasury processes and improve resources, reporting to the Group's Corporate Treasurer.• Sponsored supplier segmentation strategy to negotiate discounts for prompt payment and term extensions to maximize economic opportunities, achieving annual economic benefits in the P&L of US$600K, by coaching and training negotiation skills and process to procurement teams.• Implemented a credit sale recovery solution in Ecuador, through a market discount in the stock market that allowed a more efficient collection management, managing to accelerate the recovery from 60 to 8 days at a 15.5% improved annualized discount rate (reducing monthly costs by US$22K).• Led the integration of a digital platform that allowed closing the P2P cycle (Purchase to Pay) between Procurement and Treasury, coordinating the design of the solution at the systems level and executing pilot tests, reducing times by 50 minutes per query. Through the platform, suppliers were able to have visibility of the status of their invoices, payment dates, personalized reports and the option of early payments.• Developed the communication campaign for the digital platform for suppliers, achieving 95% adherence in the first quarter, equivalent to a time efficiency of 6 days and US$6K. Show less

Guatemala

Responsible for managing the credit portfolio of + US$100M and credit risk, reporting to the Group's Corporate Treasurer, managing 12 collaborators.• Implemented programs to optimize the recovery of credit sales and outsource credit risk, through negotiations with clients and financial institutions, achieving an accelerated recovery of US$36M and reaching 90% of utilization of the programs. Proposed that the funds obtained through the programs be invested to offset or eliminate… Show more Responsible for managing the credit portfolio of + US$100M and credit risk, reporting to the Group's Corporate Treasurer, managing 12 collaborators.• Implemented programs to optimize the recovery of credit sales and outsource credit risk, through negotiations with clients and financial institutions, achieving an accelerated recovery of US$36M and reaching 90% of utilization of the programs. Proposed that the funds obtained through the programs be invested to offset or eliminate associated costs.• Designed and implemented the process of analysis for credit approval during peak seasons through a matrix of delegation of authority, managing to reduce the commercial portfolio by US$11M with an efficient recovery and reaching a current portfolio percentage of 89%. The process allowed to empower the heads of credit in the operations and optimizing resources and speeding up decision-making.• Promoted the professional growth of my team, through the communication and presentation of achievements obtained, achieving a promotion at a management level and improving the development indicators of the team and future successors. Show less

Guatemala

Responsible for risk oversight, assessment and approval of credit lines of a US$1.2 billion credit portfolio comprised of Governments, Multinationals and Financial Institutions in Guatemala, reporting to the Corporate Risk Manager. • Proposed the approval of delegation of credit authority with an action plan to breakdown management of the credit portfolio to optimize credit line approval process, obtaining approval authority that allowed faster approval of business proposals by 15-30… Show more Responsible for risk oversight, assessment and approval of credit lines of a US$1.2 billion credit portfolio comprised of Governments, Multinationals and Financial Institutions in Guatemala, reporting to the Corporate Risk Manager. • Proposed the approval of delegation of credit authority with an action plan to breakdown management of the credit portfolio to optimize credit line approval process, obtaining approval authority that allowed faster approval of business proposals by 15-30 days. Show less

Guatemala

Responsible for the analysis and financial advice on the proposals of credit lines of the institutional client portfolio, reporting to the Corporate Risk Manager.• Facilitated the business team to obtain the approval of a credit line of US$50M for a new client of the portfolio, through a robust financial analysis and aligning priorities, achieving US$2.5M of return.• Led the phase of implementation and transfer of knowledge of the portfolio of local assets, by monitoring and… Show more Responsible for the analysis and financial advice on the proposals of credit lines of the institutional client portfolio, reporting to the Corporate Risk Manager.• Facilitated the business team to obtain the approval of a credit line of US$50M for a new client of the portfolio, through a robust financial analysis and aligning priorities, achieving US$2.5M of return.• Led the phase of implementation and transfer of knowledge of the portfolio of local assets, by monitoring and executing action plans, achieving a successful transition of regulatory processes. Show less

Guatemala

Central American firm focused in marketing and distribution of satellite monitoring and location solutions, operates in 4 countries, annual sales of US$1M and 25 employees.Responsible for management of working capital, cash flow, project valuation and financial advice, reporting to the General Manager, management of 3 collaborators.• Incorporated changes in the collection process with emphasis in the quality of the service provided and customer service, achieving improvement of… Show more Central American firm focused in marketing and distribution of satellite monitoring and location solutions, operates in 4 countries, annual sales of US$1M and 25 employees.Responsible for management of working capital, cash flow, project valuation and financial advice, reporting to the General Manager, management of 3 collaborators.• Incorporated changes in the collection process with emphasis in the quality of the service provided and customer service, achieving improvement of collections of the portfolio of ~ 30% (US$128K) in the first six months. Show less

Guatemala

National firm focused in the development of business programs for entrepreneurs and small-medium enterprises, with operations in Guatemala and over 15 employees.Responsible for the analysis of market and financial information for the development of innovative solutions, reporting to the Project Manager.• Prepared executive presentations for internal and external directors, managing to communicate in a synthesized way the identified opportunities.

Mba, Master Of Business Administration

Activities and Societies: Member of the HULT Consulting Club. Captain of Hult Boston Team in the Housing Track at the Hult Global Case.

Bachelor Of Business Administration (Bba), Business Administration And Management

Activities and Societies: Member of the Economic Science Association, ACE. The Association aimed to provide logistical and financial.

Bachelor Of Arts And Sciences

Activities and Societies: Student Council Member. Vice President February 2002 – February 2003.