Marianela Vega Agüero
San Jose, Costa Rica,STATE_US
Summary
Results-driven Finance Leader with 20+ years of experience across global organizations including Bosch and Procter & Gamble. Proven track record of leading large-scale financial operations, optimizing working capital, and delivering measurable impact through automation and process transformation. Expert in Accounts Payable, shared services, and financial close, managing high-volume environments (2M+ invoices annually) and global teams of 50+ professionals. Recognized for leadership excellence, operational performance, and driving strategic improvements in cash flow and efficiency.
Overview
17
17
years of professional experience
Work History
NA AP Affiliates Manager
Bosch
North America & Costa Rica
07.2024 - Current
- Lead North America AP Affiliates processes, ensuring accurate and compliant financial close across multiple entities.
- Oversee month-end and year-end close activities, strengthening financial governance and reporting accuracy.
- Partner with Controlling to align accounting entries and improve financial visibility.
- Drove affiliate dispute resolution, clearing ~€27M in aged invoices, significantly improving balance sheet health.
- Identified and enabled posting of ~$10M in open Goods Receipts, improving financial visibility.
- Delivered highest-performing financial close cycle to date, culminating in a clean 2025 audit with zero findings by Ernst & Young (EY).
NA Accounts Payable Manager
Bosch
U.S. Center
11.2022 - 06.2024
- Led AP Business Partner team supporting analytics, issue resolution, and stakeholder management.
- Directed migration of finance activities to Costa Rica shared services, improving scalability and cost efficiency.
- Contributed to cash flow optimization, achieving ~90% compliance with standard payment terms.
- Reduced GR/IR open items from 63K to 2K, improving financial accuracy and reconciliation efficiency.
- Recognized with Above and Beyond Award (2024) for exceptional performance and leadership.
NA Accounts Payable Manager
Bosch
San Jose Service Center
07.2016 - 10.2022
- Directed high-volume AP operations processing ~2 million invoices annually.
- Led organization of ~50 direct reports across AP, T&E, Vendor Master, and Payments.
- Drove automation transformation, increasing autopost rate from 3% to 55%, significantly reducing manual intervention.
- Managed operational budget of approximately $150K, ensuring effective resource allocation.
- Delivered best-in-class Payment-On-Time (POT) performance of 92% globally.
- Led multiple migrations and process improvements ensuring operational continuity and efficiency.
- Achieved Best Payment On-Time performance across Bosch Shared Services (2021).
- Monitored and enforced adherence to financial controls, safeguarding company assets against potential discrepancies.
- Collaborated with internal audit teams to prepare for compliance reviews, strengthening corporate governance practices.
- Enhanced reporting accuracy by integrating advanced analytics tools, providing actionable insights for decision-making.
- Coordinated annual budget forecasting for AP operations, aligning financial strategies with organizational goals and objectives.
- Fostered a positive work environment by promoting open communication, collaboration, and professional growth opportunities for team members.
- Monitored department performance metrics regularly, identifying inefficiencies or bottlenecks in order to continuously improve overall productivity levels.
- Created financial dashboards to provide insights into key performance indicators.
Quality Manager
Procter & Gamble
11.2014 - 06.2016
- Led enterprise-wide Lean/Six Sigma initiatives, driving efficiency and standardization across finance operations.
- Managed Financial Solutions Technology Team supporting automation and system enhancements.
- Represented organization in global quality governance forums.
- Reported the productivity targets achievements to P&G Site Leader and potential solutions to achieve global targets
- Conducted root cause analysis for defects, driving process enhancements that reduced error rates significantly.
- Led continuous improvement initiatives by actively seeking opportunities for process optimization and cost reduction.
- Drove process standardization by creating and implementing SOPs, resulting in increased efficiency and reduced deviations.
- Fostered culture of quality awareness and continuous improvement across organization.
Close Operations & R2R Innovation Center Manager
Procter & Gamble
05.2012 - 11.2014
- Led SMEs General Ledger, Cost Accounting, Fixed Assets, and Record-to-Report processes.
- Implemented Request Manager Systems across R2R Organization.
- Collaborated closely with other department managers to align goals, share knowledge, and boost overall center performance.
- Championed process improvements within the general ledger function, resulting in enhanced accuracy and reduced cycle time.
Implementation Portfolio Manager
Procter & Gamble
02.2009 - 04.2012
- Managed Payment Services and Banking implementations across Latin America, including complex Brazil portfolio.
- Awarded Manager of Managers Award (2010–2012) for sustained leadership excellence.
- Streamlined reporting procedures for greater efficiency in communicating portfolio updates to clients.
- Managed diverse projects, ensuring proper diversification and alignment with client objectives.
- Enhanced portfolio performance by implementing effective investment strategies and risk management techniques.
- Evaluated potential projects such as acquisitions/ divestiture as part of a broader effort to identify total effort to put them in place.
Education
MBA - Finance
Instituto Tecnológico De Costa Rica
2004
Bachelor’s - Public Administration
Universidad De Costa Rica
2020
PMP Certification -
Project Management Institute
Penn, PA2012
GBS Professionals Program -
The Hackett Institute
2018
Skills
- Financial Operations & Close Management
- Working Capital & Cash Flow Optimization
- Accounts Payable / Procure-to-Pay (P2P)
- Shared Services Transformation
- Automation & Process Improvement
- KPI & Performance Management
- Global Team Leadership (50 FTEs)
- Project & Program Management (PMP Certified)
Websites
Accomplishments
- Increased AP automation from 3% to 55%
- Improved Payment-On-Time performance to 92% (best globally)
- Achieved ~90% compliance with standard payment terms, strengthening cash flow
- Reduced GR/IR backlog from 63K to 2K items
- Cleared ~€27M in disputed affiliate invoices
- Identified ~$10M in unposted Goods Receipts
- Recognized with Above and Beyond Award (2024)
- Awarded Manager of Managers (2010–2012)
Languages
English
Full Professional
Timeline
NA AP Affiliates Manager
Bosch
07.2024 - Current
NA Accounts Payable Manager
Bosch
11.2022 - 06.2024
NA Accounts Payable Manager
Bosch
07.2016 - 10.2022
Quality Manager
Procter & Gamble
11.2014 - 06.2016
Close Operations & R2R Innovation Center Manager
Procter & Gamble
05.2012 - 11.2014
Implementation Portfolio Manager
Procter & Gamble
02.2009 - 04.2012
MBA - Finance
Instituto Tecnológico De Costa Rica
Bachelor’s - Public Administration
Universidad De Costa Rica
PMP Certification -
Project Management Institute
GBS Professionals Program -
The Hackett Institute
INTERNATIONAL EXPERIENCE
Global leadership exposure across U.S., Germany, India, Brazil, Mexico, France, UK, and the Philippines, including expatriate assignment in Detroit and participation in international finance transformation initiatives.