Luis Gallegos

Financial executive with master’s degree in Corporate Finance and solid experience of more than 25 years in transnational companies, developing as Finance Director, Regional Controller, Accounting Manager and External Audit Manager.

I have extensive experience in the implementation of Internal Controls, Financial Planning and Analysis, Controllership, Merger of entities, Treasury, Taxes, Transfer Prices, Implementation of ERP, ensure compliance with financial information under NIF’s and US GAAP, generation of Financial Reports for Senior Management and Design of Key Performance Indicators.

Proactive leader with effective communication and high adaptation to changes; able to coordinate and motivate work teams to achieve better organizational performance focused on achieving professional and personal goals. Analytical and detail oriented, able to identify and implement improvements in processes that allows increasing organizational efficiency. 9 years of experience as an external auditor in one of the big four large firms (E&Y).

Professional history:

1. TD SYNNEX (September 2021 – September 2023). Company dedicated to distributing technology, including hardware devices and software applications used in the daily life. Head office in Clearwater, Tampa Bay, USA with presence around the world, including Latin Amercia and Caribean (LAC). Annual billing in LAC more than $1,000 Million Dollars and more than 2,000 employees in the Region.

Current position: Director LAC Vendor Claim Management Reporting directly to: Senior LAC Controller Director, Miami, Florida, USA and dotted line to Senior VP Americas Controller, Tampa, Florida, USA.

Responsibilities:

• Implement and ensure compliance with accrual process based on Vendor’s programs across LAC Region.
• Implement and ensure compliance with internal control and policies across LAC Region.
• Coordinate collection and distribution regional Vendor’s programs across LAC Region.
• Supervise monthly, quarterly and annual financial closing for all LAC countries.
• Analysis of monthly, quarterly and annual financial reports. Comparing actuals versus Budget and versus prior year.
• Review and approve monthly account reconciliations for balance sheet through Blackline tool
• Coordinate internal Audit, ensuring compliance with statutory and corporate rules.

Main achievements:

• Define the regional structure of Vendor Claim Management team to address LAC operational activities achieving efficiency and productivity.
• Implement accrual processes based on Vendor’s programs across LAC Region. Accurate financial information reported, as well as tracking benefits collected.
• Implement processes for collection and distribution of regional benefits based on Vendor’s programs, avoiding loose rebates and marketing development funds.
• Solve internal audit findings reported in the last couple of years prior to my assignment.

TD SYNNEX (September 2018 – September 2021).

Previous position: Director LAC Regional Controller

Reporting directly to: VP Controller located in Clearwater, Tampa, USA and dotted line to VP Finance located in Miami, Florida, USA.

Responsibilities:

• Implement and ensure compliance with internal control and policies across LAC Region
• Direct Shared Service Center (SSC) located in Mexico City, to render accounting, accounts payable, cash applications, payroll and tax services to LAC Region
• Ensure compliance with local statutory guidelines for every country from LAC Region, under IFR’s, as well as translation to USD according to US GAAP for reporting purposes.
• Supervise monthly, quarterly and annual financial closing for all LAC countries.
• Analysis of monthly, quarterly and annual financial reports. Comparing actuals versus Budget and versus prior year.
• Review and approve monthly account reconciliations for balance sheet through Blackline tool.
• Coordinate external and internal Audit, ensuring compliance with statutory and corporate rules.

Main achievements:

• Redefine SSC Structure, standardizing processes from functional areas accounting and Accounts Payable, Taxes and Cash Applications.
• Implement best practices for financial closing processes, improving report time from 6 to 3 working days.
• Successful merge of entities located in Mexico according to restructure needs of the business.
• Implement and standardize accounts payable process, avoiding interest payments by $20,000 on a monthly basis.

Omnitracs de Mexico, S.A. de C.V. (June 2012 – August 2018). Company dedicated to commercialization hardware and software for commercial vehicle fleet management and telematics. Main office located in Dallas, USA, with presence in Mexico City. Annual billing $454 Million Dollars and staff of 1,200 employees.

Position: Controller

Reporting directly to: Matrix report to Chief Financial Officer located in Dallas, USA and General Manager in Mexico City

Responsibilities:

• Implement and ensure compliance with internal control and policies
• Analyze profitability of new products
• Supervise annual financial budget, as well as monthly financial forecast, for business units located in Mexico and Brazil
• Analyze and report monthly, quarterly and annual financial information under US GAAP, comparing performance against budget and prior year, for business units located in Mexico and Brazil
• Direct the following functional areas: Accounting, FP&A, Treasury, Credit & Collections, Billing, Administrative IT, Taxes, Fixed Assets, Legal, Procurement, Accounts Payable and Inventories.
• Supervise monthly financial closing for business units in Brazil

Main achievements:

• Implement long-term commercial contracts with customers, ensuring revenue generation
• Implement collection of labor hand and spare parts because of the reviews of customer’s devices, generating additional revenue and increasing control over the demand of reviews from customers
• Implementation of processes and corporate guidelines to ensure governance, compliance and best practices
• Automation of processes in different functional areas, increasing organizational efficiency
• Implementation of ERP (Netsuite) Adaptive Planning (Financial Planning and Analysis Systems) to make better business decisions
• Implementation of Key Performance Indicators (KPI) for financial and operational purposes (i.e. Recurring Revenue Trend, EBITDA, Net Income, Cash Flow, Close win and Close lost Opportunities, AR turnover, Inventory Turnover, etc.)
• Implementation monthly and quarterly financial rolling forecast 
• Corporate restructure from five to two legal entities to be more efficient
• Coordinate the reconciliation for intercompany balances for prior years between Brazil and USA books, with no significant impact.

Omnitracs de México, S.A. de C.V. – (June 2008 – June 2012)

Position: Accounting Manager

GE Plastics, S.A. de C.V. – (June 2006 – June 2008)

Position: Controller

Ernst & Young – (Feb 1997 – June 2006)

Position: Senior Manager External Audit

Academic history:

• Master’s degree in Corporate Finance - Universidad Nacional Autonoma de Mexico - 2013
• Accounting Degree - Universidad Nacional Autonoma de Mexico - 1998

 Courses:

• Certified Public Accountant by Instituto Mexicano de Contadores Publicos
• Negotiation skills by Universidad Iberoamericana

 Languages: 

• Spanish: Native

English: Advanced