Nelson Santaella
Sr. Manager Accountant
Parker,CO
Summary
Knowledgeable senior accounting/cost accounting professional offering 20 years of experience in financial operations. Strategic business leader, communicator and people manager.
Overview
21
21
years of professional experience
4
4
years of post-secondary education
2
2
Languages
Work History
Revenue Manager
LA NACIONAL HOLDING CORPORATION
08.2018 - 02.2024
- Manage Money Transfer department to ensure that it is properly banked and efficient with its cash
- Supervise 5 employees in 2 different countries
- Develop and implement effective processes and procedures for foreign currency management
- Implemented strong, low-risk, annual currency buying process, which resulted in maximization of FX profitability increasing wire transfer volume and exceeding revenue expectations.
- Conduct FX currency analysis and purchases according to FX daily needs and sale expectations
- Develop KPI analyses of financial data that helps improve cash utilization, forecast revenue, periodic trends, and assess risk associated with daily business
- Manage relationships with money exchange institutes (Banks, Brokers)
- Identify and analyze bank fees to negotiate lower rates.
- Participated in industry conferences and events, staying current on best practices in Revenue Management methodologies.
- Incorporated customer feedback into pricing strategy adjustments, enhancing overall guest satisfaction while maximizing revenues.
- Increased revenue by implementing effective pricing strategies and monitoring market trends
Global Treasury & Revenue Analyst
TEMPO FINANCIAL HOLDINGS CORPORATION
01.2009 - 07.2018
- Managed treasury and revenue functions in cross functional team projects and processes
- Supervise 6 employees in 5 different countries
- Implemented strong, low-risk, annual currency buying process, which resulted in maximization of FX profitability exceeding revenue expectations.
- Conducted daily FX currency purchases and manage relationships with money exchange institutes (Banks, Brokers)
- Established, improved, and managed global banking relationships with top tier banks which led to reduction of monthly banking fees.
- Created 10 KPI analyses of financial data that helped improve cash utilization, forecast revenue, periodic trends, and assess risk associated with the daily business
- Trained 15 new accounting staff member through several global locations in reconciliation, treasury, FX purchases, month-end procedures, and intercompany transactions.
- Streamlined processes for efficiency by automating routine tasks and implementing new software solutions.
- Implemented controls to ensure adherence to corporate policies regarding discounts, rebates, and other financial arrangements affecting revenue.
Senior Accountant
TEMPO FINANCIAL HOLDINGS CORPORATION
01.2009 - 10.2010
- Managed all national and international accounting, reporting, analysis, tax, and audit, comprising of 15 companies in 11 countries with $47M in annual revenues with 2.4M annual transactions
- Created and managed portions of implementation of new ERP system throughout 7 global locations
- Assisted Global Corporate Controller with structuring 5 global accounting departments with proper policies and procedures
- Created and coordinated intercompany reconciliations and analysis throughout corporation’s subsidiaries in 10 countries composing of 15 companies
- Created inventory structure for purchased currencies in North America.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Evaluated potential investment opportunities by conducting thorough risk assessments and return on investment analyses.
- Provided journal entries and performed accounting on accrual basis
Cost Accountant
PAN AMERICAN GRAIN
04.2007 - 10.2008
- Responsible for several accounting functions with company’s largest plant including cost accounting, reporting, fixed assets and inventory control
- Worked closely with business managers to review costs, reconcile variances and identify areas for productivity and cost improvement
- Reduced inventory monthly variances by establishing and documenting new inventory control policies and procedures for all plants
- Created 10 monthly and quarterly variance, fluctuation, and reasonable analyses to ensure that account balances with balances as high as $3M were accurately maintained
- Organized and managed simultaneous physical count throughout 5 plants with over $25M in finish goods and raw material
- Reduced inventory write-offs by over $200K and maintained preferable levels by reducing errors and maintaining integrity of inventory reporting.
- Conducted in-depth variance analysis to identify root causes of discrepancies between actual results versus projections, informing corrective actions as necessary.
- Assisted procurement team in evaluating supplier contracts to ensure best possible terms were negotiated while minimizing risk exposure.
Cost Accountant
ESCO EQUIPMENT SALES & RENTAL
10.2002 - 04.2007
- Managed month-end close for sales and materials, forecasting, financial and variance analysis
- Assisted Corporate Controller in process improvement and documentation of multiple areas such as: AP, AR, GL reconciliations and prepaid expenses
- Processed asset additions, transfers, cost adjustments and retirement according to U.S
- GAAP
- Produced $25K in annual savings by partnering with Warehouse Manager through implementation of cycle counting and eliminating annual physical inventory
- Decreased inventory cycle count adjustments on total inventory balance by 67% in one year and additional 60% in year 2
- Reconciled inventory for 5 warehouses
- Identified and reduced over $150K of misallocated freight charges by analyzing purchase price variances and reducing freight costs by changing from independent carriers to in-house drivers.
- Conducted in-depth variance analysis to identify root causes of discrepancies between actual results versus projections, informing corrective actions as necessary.
- Assisted procurement team in evaluating supplier contracts to ensure best possible terms were negotiated while minimizing risk exposure.
Education
BBA-Accounting - Accounting
Interamerican University of Puerto Rico
San Juan, PR 08.2004 - 05.2008
Skills
Market Trends Analysis
undefinedTimeline
Revenue Manager
LA NACIONAL HOLDING CORPORATION
08.2018 - 02.2024
Global Treasury & Revenue Analyst
TEMPO FINANCIAL HOLDINGS CORPORATION
01.2009 - 07.2018
Senior Accountant
TEMPO FINANCIAL HOLDINGS CORPORATION
01.2009 - 10.2010
Cost Accountant
PAN AMERICAN GRAIN
04.2007 - 10.2008
BBA-Accounting - Accounting
Interamerican University of Puerto Rico
08.2004 - 05.2008
Cost Accountant
ESCO EQUIPMENT SALES & RENTAL
10.2002 - 04.2007
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