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Eli Josafat Olivarez Chavez

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Finance
Saltillo, Coahuila de Zaragoza, Mexico
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Résumé

Jobs verified_user 0% verified
  • M
    Finance Plant Controller
    ML&S México
    May 2023 - Current (3 years 6 months)
    Key Responsibilities
    - Cost Accounting & Profitability Management
    Standard Costing: Establish and maintain standard costs for raw materials, direct labor, and manufacturing overhead across various vehicle platforms or component lines.
    Variance Analysis: Track and explain manufacturing variances (scrap, material yield, labor efficiency, machine rate variance, and usage) on a daily, weekly, and monthly basis.
    Program Profitability: Monitor product margins against original OEM target quotes to ensure program-level profitability throughout the vehicle manufacturing lifecycle.
    - Operational Planning & Forecasting
    Budgeting & Forecasting: Lead annual operational budgeting and periodic rolling forecasts tied to OEM p
  • S
    Finance Manager
    Siemens Monterrey (Temporal)
    Sep 2022 - May 2023 (9 months)
    Key Responsibilities at Siemens
    - Commercial Steering & Strategic FP&A
    Commercial Leadership: Partner with Business Unit Heads or Regional Directors to evaluate market opportunities, new business models (e.g., Software-as-a-Service, Xcelerator digital solutions), and long-term strategic plans.
    Planning & Forecasting: Lead the Annual Operating Plan , regular rolling forecasts, and multi-year outlooks, balancing order intake (Order Backlog), revenue recognition, and profit margins.
    Capital Allocation & Business Cases: Evaluate financial business cases for regional investments, corporate acquisitions, R&D initiatives, and market expansions using NPV, and IRR analysis.
    - Commercial Project & Contract Management
    (A
  • M
    Finance Controller (2 Plants)
    Magna Exteriors DecoplasCelaya
    May 2018 - Aug 2022 (4 years 4 months)
    As Plant Controller for two plants, I got the opportunity to support accounting, tax, cost, import and export, payroll, tooling-capex, and traffic departments to meet the internal control, compliance, and customer requirements (Honda, GM, Nissan, Ford, Stellantis & VW)
  • M
    Finance Assistant Controller
    Magna Exteriors Decostar
    May 2017 - May 2018 (1 year 1 month)
    Key Responsibilities
    - General Ledger & Month-End Close Execution
    Close Oversight: Lead the execution of monthly, quarterly, and year-end financial closings, managing journal entry approvals, accruals, and balance sheet reconciliations.
    Financial Reporting: Prepare accurate trial balances, financial statements, and reporting packages according to US GAAP/IFRS and Magna's internal accounting policies.

    Payroll & Disbursements: Oversee local plant payroll execution, accounts payable (A/P), accounts receivable (A/R) cash collections, and vendor payments.
    - Standard Costing, WIP & Inventory Management
    Cost Accounting: Maintain standard cost systems across raw materials, work-in-progress (WIP), labor, and o
  • M
    Finance Sr. Cost Accountant
    Magna Exteriors Decostar
    Sep 2015 - May 2017 (1 year 9 months)
    Key Responsibilities
    - Standard Costing & Bill of Materials (BOM)
    Standard Cost Roll-ups: Calculate and establish standard costs for raw materials, direct labor, and manufacturing overhead across new and existing automotive product lines.
    Shop-Floor BOM Audits: Physically audit Bills of Materials (BOMs) and manufacturing routings on the factory floor to ensure standard cycle times, material usage rates, and scrap factors match engineering specifications.
    Engineering Change (ECO) Costing: Evaluate financial impacts of engineering change orders, material substitutions, and customer-mandated design modifications before implementation.
    - Operational Variance Analysis & Cost Reduction
    Variance Tracking: Perform d
  • Magna Closures
    Finance Program Accountant Coordinator
    Magna Closures
    Jan 2013 - Sep 2015 (2 years 9 months)
    Key Responsibilities
    - Program Life-Cycle Profitability & Margin Tracking
    Program Business Cases: Maintain and update financial models (NPV, IRR, Payback) for specific vehicle programs (e.g., Ford, GM, BMW, Stellantis platforms) throughout their multi-year
    Quote vs. Actual Variance: Track target program economics from initial customer awards against actual operational costs, identifying margin leakage during launch phases.
    Design & Engineering Changes (ECOs): Financialize Engineering Change Orders (ECOs) and design adjustments to ensure scope changes are properly quoted, billed, and recovered from OEMs.
    - Customer Tooling & Capital Project Accounting
    Customer-Owned Tooling: Manage the complete financial life
  • PEMSA
    Finance Sr. Cost Accountant
    PEMSA
    Jan 2007 - Jan 2013 (6 years 1 month)
    • Production Scheduler
    • Customer Service
    • Materials Follower
    • Traffic
Education verified_user 0% verified
  • F
    LCP
    FACULTAD DE CIENCIAS DE LA ADMINISTRACION
    Jul 2006 - Jul 2011 (5 years 1 month)
    CPA
Projects (professional or personal) verified_user 0% verified
  • Siemens
    Magna International
    M
    Private Equity - Global Companies
    Siemens, Magna International, Ml&s
    Jan 2013 - Current (13 years 10 months)
    Private Equity & Corporate Finance Professional with 10+ years of experience in middle-market LBO evaluation, portfolio company value creation, and complex financial modeling. Proven track record in executing buy-and-build strategies, tracking EBITDA drivers, and managing debt/capital structures across manufacturing and logistics sectors.
  • Siemens
    Magna Motors
    M
    International Experience for Global Companies.
    Siemens, Magna Motors, Ml&s
    Jan 2013 - Current (13 years 10 months)
    Full Professional Proficiency / Bilingual: Able to lead business negotiations, write formal contracts, and present to global executives seamlessly.
    Professional Working Proficiency: Able to participate in business meetings, write technical reports, and handle professional communications independently.
  • Magna International
    Finance Reporting Power BI
    Magna International
    Jan 2013 - Current (13 years 10 months)
    Reporting of financials for better desitions of business
  • Siemens
    Magna Motors
    M
    Innovation Professional
    Siemens, Magna Motors, Ml&s
    Jan 2013 - Current (13 years 10 months)
    Venture Capital & Innovation Professional with 10+ years of experience in deal sourcing, early-stage due diligence, market thesis development, and portfolio support. Proven track record evaluating seed-to-series-A startups in enterprise software and industrial automation, conducting cap table modeling, and writing IC memos to drive high-conviction deployment.
  • Magna International
    SAP Implamentation
    Magna International
    Aug 2020 - Apr 2021 (9 months)
    Launching a new ERP for a business, taking care of operations, from the financials to getting real data
Awards verified_user 0% verified
  • IPADE Business School
    Manager Tools Certification
    IPADE Business School
    Feb 2019 - Jul 2020 (1 year 6 months)
    As with every management position, challenges are part of the process, and this certification focuses on team problem-solving while always considering impacts.