JORGE MARAZZO

Experience

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  Groupe SEB

  Aug 2017 - Aug 2018

  LATAM Treasury Coordinator

  GROUPE SEB (Consumer Goods – Large Sized - French – Turnover 2022 €$8Bi).Responsible for Treasury in LATAM (Brazil, Argentina, and Chile): Treasury, Cash Flow, Banking Relationships, Fundraising and Investments, Foreign Exchange, Hedge, Accounts Payable and Receivable, Insurance, Corporate Cards. Team Management (9 people - 4 in Brazil, 3 in Argentina, and 2 in Chile).• Enhanced the Vendor Supplier Financing program in Brazil, Argentina, and Chile, improving the Region's DPO by approximately 15 days and enhancing Cash Flow predictability throughout LATAM.• Restructured the company's debt by switching from domestic currency borrowings to foreign currency ones - 4131 and ACC/ACE - extending the term and reducing interest expenses by R$1,2M/ year.• Implemented the CONCUR module, improving compliance with travel and expense policies, simplifying and streamlining the expense reporting process in Brazil.• Improved the Average Receivables Collection Period in the Region by 3 days through proactive billing (especially in Argentina), preventing payment delays (intentional errors in checks). Show less

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  BUNZL PLC.

  Aug 2018 - Aug 2020

  Corporate Treasury Manager

  BUNZL Plc. (Distribution & Outsourcing – Large-Sized - English – Turnover 2022 - £$12Bi).Management of the Treasury area for the 9 companies within the Group in Brazil and oversight of 43 employees: Accounts Payable and Receivable, Cash Flow Projection (Short, Medium, and Long Term), Banking Relationships, Financial Reports, Working Capital Monitoring, Financial Analysis.• Increased the average payment period from 37.4 to 51.7 days (+38.3%) by implementing Vendor Supplier Financing, empowering the Purchasing team with greater negotiation leverage.• Developed a cash management methodology focused on intercompany loans within the group, resulting in a reduction of the group's interest expenses by approximately R$200k/ year.• Implemented the Brazilian Shared Service Center (CSC), unifying Treasury processes (AP, AR, and Foreign Exchange) for 9 group companies, generating savings of R$0.7 million per year, reducing headcount, automating and standardizing processes, and enhancing risk management while ensuring greater compliance adherence.• Managed and developed employees by setting expectations, providing bi-weekly feedback, establishing individual development plans, and tracking the progress of each team member. Show less

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  Lew Lara TBWA

  Feb 2021 - Nov 2021

  Administrative & Finance Manager (Temporary)

  LEW’LARA\TBWA.(Advertising agency – part of Omnicom Group Inc. – Large-Sized – American – Turnover 2022 - US$14,3Bi)In charge of Checking and Treasury areas: Responsible for overseeing the execution of client media plans with media outlets (radio, TV, and magazines), Cash Flow Projection (Short, Medium, and Long Term), Banking Relationships, Investment and Debt Management, Financial Reports, and Monthly Reconciliation.• Led the Finance team, managing and guiding team members in financial and treasury matters, automating processes that improved efficiency and financial indicators, resulting in a reduction in headcount and annual savings of approximately R$50k.• Implemented financial dashboards with key Treasury KPIs that allowed the leadership to quickly grasp daily movements (delinquency, payment volumes, cash availability, received amounts, etc.), contributing to decision-making.• Conducted Excel and Finance training for the treasury team, leading to increased operational efficiency, faster task execution, and the generation of more accurate control reports. Show less

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  TÜV Rheinland South America

  Oct 2022 - Nov 2023

  COP & Treasury Manager

  TÜV RHEINLAND DO BRASIL (Certifier & Large Engineering project manager – Large Sized – Germany – 2022 Turnover - €2,3Bi)Responsible for Treasury, Accounts Payable and Receivable, Billing, and Pre-Billing (COP): Team Management (11 team members), Cash Flow Projection (Short, Medium, and Long Term), Banking Relationships, Investment and Debt Management, Monthly Reconciliation.• Implemented KPIs, procedures, and financial reports that allowed for measuring deviations and improving payment and receipt timelines, positively impacting Working Capital. Increased the average payment period by approximately 2 days and reduced the receipt period by 3 days.• Automated and standardized procedures for both Cash Flow management and the control of investments, fundraising, and loans, enabling more accurate information for management and better control of profitability and interest rates. This led to an approximate annual profitability improvement of R$36k.• Renegotiated the company's debts, improving the interest rate and reducing interest expenses by approximately R$100k. Show less