Valdir Borato

CFO with over 20 years leading finance, controllership, FP&A and transformation programs for multinational and national companies (advertising, auditing, logistics, and consulting). Delivered ERP and BI implementations improving working capital and reduced finance costs 15% p.a. and improved DSO (25 days). Expert in IFRS, US GAAP, SOX compliance and cross-function leadership;

experience with investor reporting, finance strategy and tax planning.

CFO at Sirva Brasil – Concept Mobility Serviços de Mobilidade Ltda. (2023-04 – 2024-09)

• Lead full finance transformation: restructured billing, accounting and controllership processes; implemented ERP and established month-end close (reduced close time in 02 working days).
• Improved cash management and working capital: implemented daily cash flow and treasury controls, negotiated banking facilities – reduced finance costs by 15% p.a and improved DSO by 25 days.
• Designed and implemented budgeting and rolling forecast processes supporting quartely strategic reviews; increased forecast accuracy to 30%.
• Implemented internal controls and procedures; managed external audit interactions eliminating audit adjustments.
• Led currency hedging strategy to reduce FX exposure, resulting in 90% reduction in FX losses.
• Built and coached finance team through cultural change – improved on-time reporting to 02 (two) days and achieved internal recognition ( Outstanding Employee 2023).
• Led financial reporting procedures following US GAAP.
• Reducing the tax burden (US$100k p.a) through tax planning and income in compliance with current legislation.

Financial and Controlling Director at F/Nazca S&S Publicidade Ltda (2008-03 – 2020-07)

• Designed and implemented budget, forecast, ERP, Hyperion reporting, BI and RPA which resulted in decrease of personnel cost by US$140k p.a and 10 headcount savings.
• Implemented internal controls and SOX procedures; managed external and internal auditors.
• Managed CAPEX and OPEX authorizations, procedures and and controls.
• Led the Tax Affairs Committee, with the objective of ensuring compliance with the legislation, which also aimed to create alternatives for tax savings in order of US$100k p.a.
• Ensured that the financial statements were properly reported in compliance with IFRS standards.
• Led LGPD practices implementation to guide compliance with legislation and reducing exposure to the risk of legal claims.

Finance Manager at F/Nazca S&S Publicidade Ltda (1997-01 – 2008-02)

• Managing the treasury area, accounts receivable, accounts payable, banking relationships, and cash decisions.
• Developed and implemented cash flow project and cost project to determine profitability by client and by job.
• Implemented the Time Report tool for tracking and hours incurred per client, per job.
• Improved allocation of financial resources togheter with banking advisor increasing the yearly financial revenue in US$200k.
• Hiring hedge instruments to reduce the exposure to loss risk within foreign AR.

Financial and administrative director at Celsur Logística Comercial Ltda (1995-09 – 1996-12)

• Led the Accounting, Budget, Tax, Billing, Human Resources, IT, Accounts Receivable (AR), Accounts Payable (AP), Treasury, and General Services areas.
• Prepared management reports and financial statements in US GAAP.
• Defined the financial structure with the banks for raising capital investment (CAPEX).

Partner Director at TBA Consultoria Empresarial (1991-09 – 1995-09)

• Assisted and implementing a quality management system to meet ISO 9000 standards.
• Implemented the FP&A and participated in the IPO process of a road equipment company.
• Conducted accounting reviews of financial statements.
• Translation and consolidation of financial statements to US GAAP.
• Reviewed the costing system, using the standard cost methodology.

Audit and Consulting Manager at Arthur Andersen S/C. (1989-04 – 1991-09)

• Technical and administrative coordination of audit and consulting teams.
• Reviewed and prepared reports and presentations for the client.
• Audited the financial statements, including foreign currency translation and consolidation package.
• Led cash management, administrative, organizational analysis and management information projects.

Bachelor's degree in Accounting – Mackenzie University (1979-02 – 1983-09)

Bachelor's degree in Business Administration – Mackenzie University (1979-02 – 1982-09)