Rosy Olivares

Focused oriented to results and different areas; accounting, treasury, payroll, support of human resources, administrative, fiscal, and financial, with over 30 years of experience in different sectors, willing to work in teams and plenty of adaptability and learning. Graduate of the Escuela Bancaria y Comercial, A.C as a Public Accountant, which also places a postgraduate in Corporate Finance and a Corporate Finance Master by UNAM. Having worked in American, European and Asian companies as a General Accountant, Controller and Finance Director I may have a work culture more efficient and productive.

Finance Director at Sparktelecomm (2025-03 – Present)

Lead the strategic management of financial resources, ensuring compliance, efficiency, and transparency, I oversee Accounting (IFRS), Treasury, Accounts Payable/Receivable, and corporate reporting.

• Strengthened financial governance by bringing accounting in-house to ensure accurate and timely recordkeeping, centralizing company information into a corporate repository, and establishing corporate policies and procedures
• Designed reporting models to accelerate collections through aging schedules and improved monthly cash flow management, while also developing budgets to enhance planning and control
• Promoted a culture of internal control and corporate ethics, mentoring and aligning responsibilities across Accounts Payable, Accounts Receivable, and Treasury to drive efficiency and accountability
• Reduced Accounts Receivable aging from 43% to 20%, enabling greater liquidity and operational efficiency, and established a one-day Accounts Payable cycle

Finance Controller at Giant Bicycle México (2022-09 – 2025-03)

Effective management of the company's financial resources, focusing on financial security, Accounting (based on IFRS), compliance, policies, procedures, and the efficient use of financial resources. Develop analytical, planning and control tools by preparing useful reports that help with correct decision-making. Also, I am in control of AR, AP, Treasury and Corporate reporting (monthly, quarterly, and annually).

• Improve AP process and establish payday for vendors
• Prepared a model that let us decide on which loan is more convenient for the company
• Migrate to 4.0 electronic invoice
• Automate routinary duties

General Accountant at Grupo Calidra (2019-10 – 2022-05)

In charge of Corporate Accounting, Responsible of 4 different entities; Timely closing, financial reporting, payroll, AP and AR managing, tax compliance and accurate invoicing calculation to our different subsidiaries (services, royalties, and recovering expenses). Responsible to auditing, Transfer Prices and providing information for Labor liabilities study also.

• Established a teamwork environment and objectives that allowed the development of individual and team skills to reach finance area objectives in an effective manner
• Saving time processing information and preparing reports taking advantage of de ERP, Issuance Financial information and reports based on clean Trial balance, updated reconciliation with on-time days, help consolidation a monthly, fixed assets reconciliation ERP module vs trial balance, among others goals
• The structure and labor culture I implemented help the company to retain talent and encourage working external consultants due to some activities not being prepared when I was hired
• It is important to mention, I established a shared drive to compile all the corporate information, there was not an appropriate repository when I came; the budget and forecast (to monitor transfer prices) were issued timely

Administration & Accounting Manager at Starcke Abrasivos México S.de R.L. de C.V. (2018-10 – 2019-10)

In charge of office administration, managing finance and accounting operations including compliance, reporting, preparing budget and forecast. Work closely to the CEO to help grow the business locally.

• Set up a new accounting and operating software; supervised and assured the accounting and tax compliance of 2.5 years were done
• I collected 250K Euros of overdue AR, this effort resulted on 40 DSO
• I improved operational, accounting and financial processes
• I suggested an inventory of goods to present our Financial information clean (It was done successfully by a supplier I recommended)
• Found a partner supplier for logistics that let us deliver goods on time to customers
• I issued financial statements in a timely manner starting January 2019 up to date (I worked closely with our external accounting firm to have the balance sheet on time)
• I established corporate policies and processes

Temporary Financial Controller at CreamFinance México (2018-05 – 2018-09)

Assure timely finance activities such as accounting, treasury, taxes, payroll and being a support for other areas, responsible to prepare financial Statements, report monthly and quarterly, and prepare de budget and forecast.

• Found best practices and policies to improve timelines in reporting and different activities related to finance to generate more value to the company

Temporary Financial Controller at Laboratorios Atalsigma México, S.A. de C.V. (2017-06 – 2018-02)

Assure timely finance activities such as accounting, payments, taxes, and being a support for other areas, on the other hand I was responsible to prepare Financial Statements, report monthly and quarterly, prepare last forecast from 2017 and the budget from 2018.

• Being the head of finance while the controller was on maternity leave, I found some improvements to help the day to day activities to reduce timing avoiding duplicating activities, improve policies and internal control, get updated the tax returns to SAT

Accountant at Grupo Stoncor México, S.A. de C.V. (2016-11 – 2017-05)

Keep accounting and taxes updated of two subsidiaries and get all intercompany transactions of the operating company recorded and reconciled while the accountant was on maternity leave.

• Reduce timing in different activities, and detected some red flags in tax calculation to prevent risks

General Accountant at Virgin Mobile México, S. de R.L. de C.V. (2014-07 – 2016-08)

Assure accuracy of financial information, keeping monitored the AP, AR, payroll, revenue, cost transactions before the closing and based the accounting on local and international principles. Help to get the finance objectives; such as fiscal, reporting and administrative compliance.

• Reduced closing timing, I implemented improvements through the ERP working with the IT area and ERP Consultants, I help my co-workers in the ERP that resulted in saving money to the company
• My knowledge in taxes has saved at least 70k monthly to the company

Consultant at Consultoría en Nómina y Soluciones de Negocio (2013-01 – 2014-06)

Since January 2013, Independent consultant, mainly in payroll, local and federal taxes, and accounting.

Finance & Administrator Manager at ComScore (before The ARS Group) (1998-09 – 2012-12)

Responsible for the finance area in the Mexico office (accounting, administration, taxes, AP, AR, Payroll and any tramit required in a government office related to finance area), and support HR due to the department was located in the USA.

• Opened the area getting more efficiency in the internal operation that resulted in a decrease in collection days, more control in payroll and timely help planning
• Helped to get a better administrative and finance support with few resources, in fact due to an excellent management of AR and AP the company stopped having intercompany bank transfers to covered liabilities, the entity faced by itself financial commitments

Senior III at Ernest & Young (EY) (1994-11 – 1998-09)

The area is dedicated to primarily serve clients referred from abroad who decides to establish a business in Mexico. Therefore, require administrative support, accounting, financial etc. In this report I was fortunate to have special projects such as the accounting and tax update for Research Systems Corporation, which also carry an auto-correconwith social security from 1995-1998.

• Lead accounting and fiscal projects (e.g. updated estimated payments for Iusacell)

Public Accountant in Accounting – Escuela Bancaria Y Comercial, A.C. (1994-12 – 1994-12)

Post-graduate in Corporate Finance – Escuela Bancaria Y Comercial, A.C. (1997-08 – 1997-08)

Master in Finance – Universidad Nacional Autónoma de México (2017-01 – 2019-01)