GLADYS MAGALI IGLESIAS ALGUERA
Silver Spring
Summary
I am a professional with 23 years of comprehensive experience in auditing, accounting, finance, logistics, supply chain, business operations, and human resources. My career is characterized by the ability to build cohesive teams, adapt to diverse environments, and approach situations with a focus on efficiency. My experience includes the preparation of detailed financial reports for upper management, suppliers and creditors, financial institutions, and other stakeholders, including budgets, forecasts, cash flow management, as well as effective oversight of debt management and five-year forecasts, among others. My solid background as both an external and internal auditor has provided me with a deep understanding of various business areas, enabling me to lead and develop financial departments effectively by creating and implementing policies and processes that contribute to operational efficiency. This multifaceted experience and my commitment to excellence have strengthened my leadership skills and prepared me to meet expectations at the executive level, delivering precise key financial information
Overview
22
22
years of professional experience
Work History
Finance Manager
YRS LLC (E-COMMERCE INDUSTRY)
08.2024 - Current
- Created organizational structures to improve accounting and finance functions.
- Implemented cost-control measures that substantially decreased unnecessary expenditures.
- Streamlined internal audit process, enhancing efficiency and reducing discrepancies.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Developed comprehensive financial reports for executive decision-making support.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Collaborated with cross-functional teams for strategic business planning and growth initiatives.
Country Manager
Grupo Alimenticio, S.A (FOOD INDUSTRY)
06.2017 - 05.2024
- Assurance the good management of the operation, considering all the different aspects to guarantee the growth, good control environment and alignment with the objectives and strategies of the corporate office
- Financial reports, coordination of activities related to financial and accounting department: invoicing, payable, receivables and credits, treasury, tax, warehouse, fixed assets and accounting
- Administration of financing and debt: reports and information for financial institutions
- Planning of inventories, review portfolio of products and incorporation of new products
- Commercial reports and coordination of the sales force
- Negotiation with providers and clients
- Field visits in the different markets across the country
- Preparation of Monthly Executive Reports, Annual Budget, Forecast, Cash Flow
- Relationship with local regulators and Customs and management of permits and operating licenses
- Supply chain country leader: contact with providers from Africa, North and South America, China, Spain
- Negotiations, claims management
- Import and export procedures
- Warehouse coordination: Plagues control, Production, Picking, inventory administration
- Fleet management
- Insurance negotiations
- Design and Implementation of control, policies and procedures
- Human Resources Department Monitoring: Work environment surveys, Plan of Actions, Recruitment, Careers Plan
- Logistic and Distribution coordinate and supervision of main procedures
- Implementation of Internal controls
- Review and actualization of the price list
- Define commercial strategies
- Report to: Corporate Financial Department, Chairman of Board of Director
- Member of the Regional Supply Chain team
- People in charge: 60
- Achievements: Growth of revenue and net profits in 2 digits constant from 2017, Control and reduction of debt, Establish of financial, commercial, supply chain and logistic areas, Optimization and efficiencies of operation expenses, Reduction of the days of receivables to 17 days, Internal and External reports without significant deviations and any adjustments, Budget Accomplishment
Financial Manager
Newcom Nicaragua, S.A. (TELECOMUNICATION INDUSTRY)
04.2006 - 02.2017
- General Accountant
- Declaration of Fiscal and Payrolls Reports
- Preparation of financial statements according US GAP, IFRS Full, IFRS for SMEs and PCGA
- Preparation of Budget - opex and capex -, Forecast, Cash Flow, 5 Year Plan reports
- Reexpresion - Local Currency to USD Currency - and consolidation of financial statements
- Monthly Executive Summary
- Implementation of internal control - Sarbanes Oxly - in Guatemala and Nicaragua companies of the Millicom group
- Definition and implementation of KPIs for financial department
- Annual evaluations of performance
- Human Resources activities: Job descriptions, Compensation policies, recruitment process
- Payments and Purchase Orders authorization
- Banks, legal, tax authorities, regulators and other government institutions relationship and communication
- Due Diligence and merge process
- Transitions of accounting systems
- Preparation and implementation of policies and procedures for different areas of financial department
- Business intelligent: commercial information analysis
- Taxes and Labor Laws knowledge
- Coordination of financial areas: Tax, Treasury, Fixed Assets, Invoincing, Credit and Receivables, Purchase, Supply Chain, Warehouse, Accounting, Budget
- Report to: Corporate Financial Department and Local General Manager
- People in charge: 20
- Achievements: Internal and External reports without significant deviations, Annual savings average 6% vs budget, First Place in regional Reporting Competition (Latam): Tigo Business World Cup 2014, Merges of the companies Joseph Servicios- Navega - Newcom - Millicom Cable, Solid finance teams, Implementation of the model Supply Financing to extend credits with providers, Implementation of Sox Controls with audit results of 97% improving the reliability of the internal control environment, Design and implementation of policies and procedures
Senior Auditor
DELOITTE (SERVICE INDUSTRY)
12.2002 - 04.2006
- Plannig of the financial and accomplish audits
- Team Coordinator of the staff of junior audits for each audit engagement
- Preparation of financial audit reports in English and Spanish and report of accomplish
- Services Industry
Education
Bachelor of Science - Accounting And Finance
Universidad Nacional Autónoma De Nicaragua UNAN
Managua01.2003
Skills
- Mergers and acquisitions
- Regulatory Compliance GAAP and IFRS
- Internal and External Audits
- Financial planning and analysis
- Decision-making
- Critical thinking
Systems
- Macola
- Peachtree
- Solomon
- Hyperion
- Quickbooks
- Exact
- Aspel
Languages
Spanish
Native or Bilingual
English
Professional Working
Timeline
Finance Manager
YRS LLC (E-COMMERCE INDUSTRY)
08.2024 - Current
Country Manager
Grupo Alimenticio, S.A (FOOD INDUSTRY)
06.2017 - 05.2024
Financial Manager
Newcom Nicaragua, S.A. (TELECOMUNICATION INDUSTRY)
04.2006 - 02.2017
Senior Auditor
DELOITTE (SERVICE INDUSTRY)
12.2002 - 04.2006
Bachelor of Science - Accounting And Finance
Universidad Nacional Autónoma De Nicaragua UNAN
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