Arnaud L'Heritier

Experience

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  Vancity (Canada)

  Nov 2007 - Apr 2009

  Processing of money market investments and borrowing trades, Support with cash management, Administering the securitized portfolio transactions, Ad hoc analyses of structured finance deals, Investment portfolio reporting, Analytical support on liquidity risk measures and benchmark performance, Liquidity forecasting, Handle reconciliation of off-balance securitized pools, Assist accounting audit, Financial reporting of Mortgage back securities pools. Prepare and distribute various financial statements using Excel and Lotus Notes.➢ Perform analysis during a period in which the financial industry was impacted by a market-wide liquidity disruption. Many of these analysis were used to ascertain Vancity's exposures and provided context upon which strategy could be taken.➢ Improve efficiently the cost of funds calculation using MS Excel that significantly reduced data entry, minimizing human errors in processing and conversion of financial data from different sources➢ Assist treasury team with the creation of new mortgage pools➢ Present analytical reports during Treasury meetings including monthly liquidity ratio analysis and monthly investments reports. Show less

  • Treasury Specialist

    Mar 2008 - Apr 2009

  • Liquidity and Funding Analyst

    Nov 2007 - Feb 2008
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  Nexos Voluntarios

  Aug 2009 - Nov 2009

  Volunteer Consultant

  Small Business Development.Advise local associations how to improve their business by strengthening their organization, developing new distribution channels, securing microfinance loans, developing marketing campaign, improving products quality with the organization of designing workshops. Teaching English.➢ Perform SWOT Analysis in order to develop a Business Plan

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  Gobierno del Estado de Sinaloa

  Nov 2009 - Mar 2010

  Strategic Project Assistant - Secretariat of Economic Development (Sedeco)

  Coordinated export projects for local products to the United States, ensuring compliance with US import requirements through collaboration with US Government agencies, including the FDA and US Customs and Border Protection. Conducted regression analysis using TRAMO-SEATS to evaluate the impact of federal government-led tourism projects on key economic indicators such as production, employment, and industry performance in Sinaloa

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  PwC

  May 2010 - Aug 2013

  Corporate Tax Consultant

  Swiss tax compliance, including corporate income tax, withholding tax, and stamp duties.Supported international tax planning, advising on cross-border tax structuring.

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  Audemars Piguet

  Oct 2013 - Apr 2019

  TAX / TP: acting as the only tax expert within the group during a time where the Group Head of Tax position was vacant. In charge of corporate tax compliance, transfer pricing, and indirect tax. Becoming more involved in strategic discussions with top management (CEO, CFO, Chief legal Officer, Managing directors).TREASURY: manage on a standalone basis the treasury operations at group level such as cash management and monthly hedging operations. Direct contact with banking partners to find investments opportunities to mitigate negative interest impact.RISK INSURANCE: appointed as responsible person of all insurances for the whole group: coordinate ongoing corporate group insurance programs at group level, assess insurance coverages, monitor claim processes, manage relations with brokers and insurers. Show less COMPLIANCE: preparation of Swiss tax returns (income tax, withholding tax, stamp duties) and coordination with tax administrations.TRANSFER PRICING: Planning, implementation, documentation (local files, master file, CBCR) and defense of Group TP policy. Involved in mutual agreement procedure and advanced pricing agreements. Manage relations with external consultants.INDIRECT TAX: act as group indirect tax expert advising business operations on Swiss & EU VAT, GST, customs. Assist with the implementation of a fully new distribution system for the European region involving new fiscal representation and EU triangulations.TREASURY: cash management, mitigate forex exposure by using hedging instruments, manage intercompany funding, in charge of purchase of precious metals, cash flash consolidation at group level, review of cash forecasts. Show less

  • Tax & Risk Insurance Leader

    Jan 2018 - Apr 2019

  • Tax and Treasury Counsel

    Oct 2013 - Dec 2017
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  Movado Group, Inc

  May 2019 - now

  Serve as the primary contact for direct and indirect tax matters across the EMEA region, managing relationships with external consultants and tax authorities and collaborating with departments such as sales, operations, logistics, legal, finance, and treasury on tax related issues.INDIRECT TAX: • Serve as the regional expert on indirect taxes, leading projects and designing efficient distribution flows for new business initiatives. • Review and enhance SAP VAT reporting systems to identify and rectify inconsistencies, driving continuous improvement. • Oversee Swiss and European VAT compliance, manage defense files during audits, and monitor EU VAT recovery processes. • Analyze and adapt to legislative changes in Europe, Middle-East and India (e.g. VAT reforms, e-invoicing, OSS scheme, ViDA) to mitigate tax risks and ensure compliance.DIRECT TAX: • Support with strategic tax planning, including restructuring, M&A, and adjustments to business models, to optimize tax positioning. • Advise operational teams on tax risks such as permanent establishment exposures and provide guidance for new business ventures. • Coordinate tax return preparation with external advisors and stay updated on tax developments (BEPS, DAC 6, OECD Pillar 2, and local reforms), communicating key insights within the group.TAX ACCOUNTING: • Assist in preparing U.S. income tax provisions for European entities (FIN 48, ASC 740), including coordinating the returns to provisions, reconciling tax rollforward, tracking and reconciling temporary differences (deferred tax balances), providing input on uncertain tax positions.TRANSFER PRICING: • Collaborate with the group transfer pricing team on European related matters to ensure compliance with transfer pricing regulations and maintain robust documentation. Show less

  • Senior Manager Tax - EMEA

    Apr 2023 - now

  • Tax Manager - EMEA

    May 2019 - Mar 2023
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  EPAH - EFCE (Examens Fédéraux Commerce Extérieur)

  May 2023 - now

  Examination expert (VAT, customs) for the Swiss Federal Diploma of specialist in foreign trade

  Appointed as an expert to conduct orals exams for the Swiss Federal Diploma of specialist in foreign trade.