Alfonso Vega

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Regional Finance Director

Victorinox Mexico

Dec 2022 - Dec 2024 (2 years 1 month)

• Provides leadership in the development and execution of commercial strategies (such as price increases, product mix, volume sold, and go-to-market validation). • Led the creation of a Distribution Center to decrease product unit costs through inventory analysis, time and movement studies, and managing maximum and minimum stock levels. • Developed and implemented processes to manage confidential information for customers, suppliers, and employees in accordance with local regulations. • Constantly identified efficiencies in financial processes to reduce timing in operations and minimize the structure needed to provide services. • Implemented robust controls to rectify invoicing and revenue recognition processes based on customer contrac

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Regional Finance Director

SM RESINAS

Feb 2020 - Nov 2022 (2 years 10 months)

• Responsible for Accounting, Financial Planning, Controlling, Supply Chain, Distribution Center, Customer Services, Accounts Receivable, Import-Export, Treasury, and IT, leading a team of 18 people. • Developed the strategic planning, budgeting, and operational efficiency for the first time in the company's history. • Established and developed the strategy to determine the unit cost for the top materials based on profitability. • Implemented a system to valuate inventories: raw material, production process, and finished products. • Provided support to the Human Resources department in payroll determination, maintaining employee records, and calculating and processing IMSS, Infonavit, SAR, and 3% payroll contributions, ensuring compliance a

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Regional Finance Director

Maquet Mexicana, S. de R.L de C.V.

Mar 2014 - Jan 2020 (5 years 11 months)

• Responsible for Controlling, Financial Planning, Import-Export, Supply Chain, Distribution Center, Customer Services, Accounts Receivable, Treasury, and IT, leading a team of 20 people. • Implemented income tax provision submission, calculation, and determination along with effective rate and deferred taxes for each one of the Latam countries, ensuring correct booking to be sent to HQ in Sweden under IFRS. • Played a lead role in strategic planning, budgeting, operational efficiency, and performance management. • Led the company's alignment on new accounting, reporting, and rules after its purchase, guaranteeing best controls and proper communication about results, cash flow, working capital, inventory, revenue recognition, etc. • Managed

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Finance Director

FGX Latin America

Mar 2013 - Mar 2014 (1 year 1 month)

• In charge of Controlling, Financial planning, Import-Export, Supply Chain, Distribution Center, Customer Service, Accounts receivable, Treasury and IT with a team of 15 people. • Implemented income tax provision submission, calculation, and determination along with effective rate and deferred taxes for each one of Latam countries as well as ensuring the correct booking to be sent to HQ in Sweden under IFRS. • Implemented income tax provision submission, calculation, and determination along with effective rate and deferred taxes for each one of Latam countries including local subsidiaries as well as ensuring the correct booking to be sent to HQ in France and United States under IFRS. • Led Distribution Center creation to be able to dec

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Finance Director

Inter Con Security Inc.

Apr 2011 - Mar 2013 (2 years)

to provide private security services with presence in 15 countries. • Responsible of Finance, including: Controlling, Finance planning, Payroll, Social Security, Accounts Receivables, Treasury and IT with a team of 30 people. • Implemented and prepared fiscal package in relation to international taxes, including determination of deferred taxes under USGAAP as well as other tax details required by HQs. • Implemented Treasury strategy moving payroll from various banks to a preferred one reducing bank fees, obtaining various benefits for 9,200 employees and assuring improvement in quality service. • Performed revenue recognition reconciliation among number of employees / services rendered and services invoiced. • Recovered US$ 0.5MM from

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Finance Director

SABIC Polymershapes México (former General Electric)

Nov 2007 - Apr 2011 (3 years 6 months)

• Responsible for Finance, including: Controlling, Accounts Receivables, Accounts Payable, Treasury, and Taxes with a team of 6 people. • Implemented the submission of income tax reconciliation as well as deferred income tax determination including income tax and profit share under international system PwC and IFRS and USGAAP. • Led the financial and legal transition from GE to SABIC during the global sale of the plastics business in compliance with local and global requirements. • Led the implementation of Oracle 11i, migrating the whole Mexican Shapes operation to one single global ERP, allowing for the automation and integration of several processes in compliance with controllership, fiscal, and legal requirements. • Obtained official pe

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Corporate Controller

Viacom Outdoor Mexico (CBS Corporation)

Nov 2004 - Nov 2007 (3 years 1 month)

• Implemented an ERP (Oracle) to drive operative and financial efficiencies. Trained 20 legues in the use if this system. • Implemented the submission of income tax reconciliation as well as deferred income tax determination including income tax and profit share under international system PwC and IFRS and USGAAP. • Implemented new politics and processes for expenses, such as T&E, fleets, purchases, treasury, fixed assets, taxes, etc. This implementation helped to reduce expenses in 25% and to improve EBITDA in 10%. • Obtained US $ 300 MM tax recovery from tax authorities related to trade goodwill transaction

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Controller

México Red de Telecomunicaciones (Fidelity Investment)

Dec 1999 - Nov 2004 (5 years)

• Implemented accounting modules in JD Edwards • Implemented the submission of income tax reconciliation as well as deferred income tax determination including income tax and profit share under international system PwC and IFRS and USGAAP. • Implemented a strategy to comply with local telecommunications' requirements and business interests creating legal entities to guarantee foreign stock tenant. • Recovered US$ 2MM VAT from preoperational and operational phases.

Audit Manager

PricewaterhouseCoopers

Nov 1993 - Nov 1999 (6 years 1 month)

Responsible of conducting external audits through multifunctional teams for companies with a variety of businesses, sizes and complexities. Financial Audits´Partcipation at Iusacell, Camino Real, Grupo Modelo, Olivetti, Laboratorios Le Roy, Kimberly Clark, Grupo Maeva. Sicpa, Museo de Cera, Museo de Ripley

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