Gustavo Salinas

Experience

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  Skytel del Perú

  Jan 1994 - Jan 1995

  Sales Administration and Billing Supervisor
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  Banco Wiese Ltd

  Jan 1994 - Jan 1994

  Financial Services Assistant
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  Vinsa-OI

  Jan 1995 - Jan 1997

  Treasury Assistant
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  Shell

  Jun 1997 - Dec 1999

  Treasury Supervisor

  Operational administration of funds, monitoring of banking operations and control of bank fees. With 2 people in charge, report to the Treasury Manager.- Transfer to banks of financing costs for 1 day, saving annually between USD 600K and USD 800K, through the purchase / sale of foreign currency.- Reduction from 8 to 2 days to identify issuers of returned checks, which improved the work of Credits and Collections, which could reduce customer delinquencies.- Design of the deposit procedure for customer checks, minimizing the bank float. With this, the availability of funds was accelerated and the liquidity of the company was increased by USD 200K. Show less

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  Drokasa Perú S.A.

  Dec 1999 - Jul 2002

  Corporate Deputy Treasury Manager

  Peruvian business group with distribution, pharmaceuticals, agricultural and beauty companies. Annual sales over $60 Million, 700 employees.Planning, operational management and control of Group's funds. Administration of the banking accounts of 7 companies. Main companies in diversified sectors as distribution, pharmaceutical and agriculture business. With 9 people in charge, report to Corporate Finance Manager.- Participation in the debt restructuring negotiation of Drokasa Peru and Farmindustria, through the private issuance of bonds and commercial papers for USD 13 million. It was possible to extend the payment from a short-term debt to 7 years and new short-term bank lines were obtained for the operation of both companies.- Optimization of the use of the Corporation's resources, by designing new procedures for effective planning of the Cash Flow, achieving compliance with the essential payments of the Corporation without resorting to additional financing.- Functional design of the Historical Cash Flow Report, which improved the analysis capacity for decision-making, in addition to becoming a comparative tool that made the Cash Flow projections more accurate. Show less

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  Belcorp

  Aug 2002 - Jun 2009

  Peruvian business group with subsidiaries in 15 Latin American countries. Annual sales of +$1,180 million. More of 700 employees in Peru.Negotiation of credit lines, currencies, loans, hedges and loans for the group. In charge of 2 people, report to Corporate Director of Financial Planning.- Design and execution of the corporate policy of hedges and financial risks, which gave order and structure to operations with foreign currency.- Use of financial derivative instruments, reducing exchange rate and interest rate risk by 35%.- Debt restructuring in Colombia. Participation in negotiations to transfer of USD 70 million of debt, in short to medium term, obtaining favorable interest rates and a better balance sheet structure.- Debt restructuring in Peru. Negotiation to transfer of USD 6 million from short to medium-term debt, achieving a favorable interest rate and better balance structure.- Automation of processes through electronic tools. Bloomberg was used to quotation with banks for currency operations, obtaining greater transparency and control of operations.- Member of the treasury team winning the Latin America Treasury Innovation Award 2008, granted by the Latin American Professionals Forum for the Centralized Treasury Model implemented in the company. Show less Planning, administration and control of funds for 8 business reasons in Colombia, Chile, Argentina and France, with joint sales of USD 250 million. Supervision of more than 30 bank accounts. Report to Corporate Director of Financial Planning.- Member of the treasury team awarded by Citibank, for the application of a Centralized Treasury, using electronic ways to order treasury operations of countries from Lima. Thus, 4 treasurers were in charge of the 15 BELCORP countries.- Implementation of centralized treasury in Lima for Chile, Costa Rica, Colombia and France, achieving a model change without operational disruption and generating savings of USD 150 thousand a year.- 40% reduction in the average cash balance in Colombia, contributing USD 2 million of liquidity to the flow and saving USD 300 thousand in interest annually.- 100% fulfillment of the final cash balance objective in the 4 countries in charge, obtaining a consistent and financially convenient Balance Sheet. Show less

  • Corporate Trader

    Jan 2008 - Jun 2009

  • Corporate Treasurer

    Aug 2002 - Dec 2007
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  Gloria

  Mar 2010 - Dec 2011

  Corporate Treasurer

  Peruvian business group. Presence in 6 Latin American countries. Dedicated to businesses in food, cements and nitrates, sugar and alcohol, wood agglomerates and cardboard boxes. Annual sales over $2 billion and more than 20,000 employees.Negotiation and structuring of medium-term financing, currency management, hedging, lines of credit, issuance of corporate bonds, planning, administration, and control of funds for all Group companies. Staff of 12, report to the CFO. • Activation of collection accounts through preferred bank, saving $500,000 per year.• Responsible for the placement of the cement company corporate bonds program of $6 million, achieving a demand of twice the amount offered.• Negotiation and closing of medium-term contracts for more than $200 million, for a better balance sheet structure.• Reengineering of the payment process, achieving better document flow, segregation of functions and better control points. Show less

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  MODASA | Motores Diesel Andinos S.A.

  Jan 2012 - Sept 2016

  Finance and Administration Manager

  Peruvian company leader in the production and commercialization of buses and generators. Annual sales of $138 million and more than 1,100 employees.Negotiation and structuring of medium-term financing, currency management, credit lines, planning, administration and control of funds and credits, collection management. Staff of 14, report to the Deputy General Manager.• Structuring of credit line programs for the purchase of buses in financial entities for $50 million for clients in the public transportation sector with an impact of the same amount on sales.• Bank negotiation to expand credit lines more than $60 million.• Restructuring of financial debt with medium-term loans for $40 million to match long-term collections. • 20% reduction in the turnover of accounts receivable, with a positive impact on the liquidity of the company.• Implementation of “Business Intelligence” strategy to have visual information online and improve decision making through SAP Business Objects. Show less

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  FuXion Biotech

  Dec 2016 - Feb 2018

  Peruvian company manufactures and markets nutraceutical products. Annual sales of $70 million, operating in 17 countries with more than 600 employees.Responsible for financial management, accounting, planning and treasury. In charge of 20 people, report to CEO.• Improved of liquidity through approval of a credit line for Purchases and Factoring for $1 million.• Budgetary control of events, achieving breakeven point in Peru saving $250,000 annually.• Decreased expenses by $1 million per year, through reduction of personnel and renegotiation of rental contracts. Show less Responsible for treasury, financial reporting, and new projects. Staff of 7, report to CFO.• Design and execution of Banking Strategy: o Promotion of the company image to the banking sector, reinforcing the company as an attractive client. o Bank negotiation to transfer company accounts from the Small & Medium Business to the Corporate Banking segment and stablished relationships with other banks to obtain new sources of funding. • Credit lines were obtained through bank negotiations: overdraft for $100,000 and working capital for $ 1 million.• Negotiation and closing of the leasing operation for the purchase of machinery for $1.3 million to finance a new plant.• Negotiation of preferential rates for international wire transfers, saving $30,000 per year. Show less

  • Chief Financial Officer

    Jul 2017 - Feb 2018

  • Corporate Manager of Treasury and Budget Control

    Dec 2016 - Jun 2017
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  Zilicom Group

  May 2018 - Jul 2019

  Principal Chief Financial and Administration Officer

  Peruvian business group that provides logistics support in telecommunications and retail. Annual sales of $95 million and more than 600 employees.Responsible for the financial and administration operations of the company, including Information Technology, Accounting and Human Resources overseeing a staff of 40 employees.• Negotiated working capital lines more than $2.6 million, and bank fee reductions of 1% or more.• Restructured support areas, reducing costs by 23% per year (more than $100,000 annually). Show less

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  Digital Pro Asesores S.A.C

  Nov 2019 - Jun 2020

  Manager

  Document Management Consultancy. Personal Start Up.

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  Synopsis S.A.

  Dec 2020 - Apr 2022

  Peruvian IT solutions development company. Banks, Insurance and Retail companies are its main clients. Responsible for treasury, accounting and payroll areas. Report to CEO.• Create KPI’s to be able to measure results quickly and accurately.• Prepare Monthly financial reporting: P&L and Cash Flow projections, accounts receivable/payables dashboards for better decision making.• Improve the company’s liquidity by reducing collection times in 15% and obtained new lines of credit with an increase of 25% in company’s financing capacity. Show less

  • Financial Business Consultant

    Feb 2022 - Apr 2022

  • Finance and Administration Manager

    Dec 2020 - Jan 2022
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  Women's Care

  Apr 2022 - Aug 2022

  Senior Financial Analyst

  Women’s Care is an organization dedicated to providing comprehensive healthcare for women at all stages of life. Annual revenue of $72 millions, and more than 400 employees.* Responsible for updating, modifying and distributing PCRs (Provider Compensation Report). * Answer provider’s question, drill down to detail on every account requested for a complete explanation.

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  Kyndryl

  Aug 2022 - now

  Associate Director, Financial Analysis

  Kyndryl is a new company that emerged as a spin-off from IBM’s IT infrastructure services. Annual revenues of $16.1 billions and more than 90,000 employees worldwide.• Responsible for reporting US Practices, signings and revenue results.• Lead the team's implementation of new BW-SAP reporting templates due to the migration from Legacy system.• Ensure proper report and follow up of Spend Forecast updates, leading Roadmaps meetings with the management team.