Andres Menacho Avila - Finance Analyst, McCann Worldgroup

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Work Background

McCann WorldgroupFinance And Administration Manager

May. 2015 - Feb. 2022Santa Cruz, Bolivia · On-site•Supported the COO with ad hoc forecasting & reporting for clients •Analysis of P&L (profit&loss) and cash flow of $10mm of marketing services •Denoting deviations >5.5% in financial budgets vs actual •Collected and consolidated budget & cash forecasts for 4 divisions •Tracking project budgets and cash flow requirments •Development of strategy to optimize company profitability •Implementation and monitoring of administrative and financial processes for clients, suppliers, and teams •Liased with international key accounts: Nestle, LG Electronics, Coca Cola •Negotiation and monitoring of contracts • Managed a team of 10 people within the Administration, Accounting, Treasury, • Human Resources and IT departments • Collaborated with audit team to meet fiscal deadlines • Development of the integration process for new employees in coordination with human resources Achievements • During the pandemic, managed to reduce costs by 35% and ensured a positive cashflow for the year • Achieved a 100% Nestle budget execution 3 years in a row after changing to a Scope of Work service valuation • Implemented a new accounting software that optimized report generation

Grandmotors SAChief Finance

Nov. 2012 - Mar. 2014Santa Cruz de la Sierra, Bolivia · On-site•Seek financial sources for Import of heavy duty machinery, through credit lines and external sources. •Generating financial reports for banking institutions (ex: Cash flow statement & Balance) •Presenting quarterly reports on sales of goods & services (machinery sales and transport services) •Project future income and sales to provision sufficient funds for future import and service operations

Banco Mercantil Santa Cruz S.A.Credit Risk Analyst

Jul. 2012 - Oct. 2012Santa Cruz de la Sierra, Bolivia•Develop Client relations; evaluate credit worthiness, and tailoring specific Bank products to their needs •Tracking of credit operations from its inception to disbursement as well as following up on its status •Meeting national standards of Banking requirements as well as internal and external deadlines •Archiving necessary support documentation of operations as well as generating daily reports on activities performed

Inter American Development BankOffice Support and Operations Assistant

Sep. 2010 - Feb. 2012Washington D.C. Metro Area · On-site• Budget monitoring of the Environmental Protection Unit • Mission budget monitoring: budget reallocation • Authorize and classify disbursements • Support in the preparation of financial audits • Administrative management of missions • Coordination of travel, purchases, meetings with institutional actors • Logistical support to teams for missions in Latin America • Review of mission expenses and filing of reimbursements • Verification of contract compliance •Compilation of reports from external consultancies with their due disclaimers •Authorize and file the corresponding disbursements once the object of the contract has been fulfilled •Publish files pertinent to investigations for access by bank personnel or the general public •Ensuring that all publication materials are up to the bank's new publication standard.