Manfred Lachner
CFO
San José
Summary
Financial Executive and Business Consultant with proven experience in business development, from startup to US$120mn in annual revenues. Offering keen financial acumen to lead businesses to profitability in both lean times and periods of growth. Known for excellent recruiting, hiring and managing high-performance teams. Experienced in finance and accounting, operations, supply chain, and human resources.
Overview
16
16
years of professional experience
5
5
years of post-secondary education
2
2
Languages
8
8
Years of c-level experience
Work History
CFO
CTW, Avolta, CTW Group
10.2022 - Current
- Serve as an executive member of the board of directors and provide accurate financial data to support decision-making processes
- Implemented financial controls that resulted in audited and certified financial statements, improving financial accountability and reducing risk
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
- Manage the company's banking relationships, leveraging my financial knowledge to secure better financing opportunities
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Sustain meetings with institutional and private potential investors to explore new investment opportunities
- Created a SPV (Special purpose vehicle) to finance $3mn achieving 1% of reduction in the cost of debt for the leased projects.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
CFO and COO
Inversiones Bemopint S.A, Costa Rica S.A
04.2018 - 09.2022
- Increased revenues by over $1 million in 2021 with a 27% gross margin by developing a full-service painting operation including over 100 painters at a time
- Directed the implementation of SAP Business One and SoHo CRM to improve the data integrity of the operation
- Maintained close relationships with over 10 relevant construction companies, delivering more than 30 projects
- Established 20 key performance metrics to understand the operational processes and identify areas for improvement.
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Managed and led direct reports to handle controllership, treasury and corporate finance functions.
Chief Financial and Administrative Officer
La Nacion S.A.
02.2013 - 04.2018
- Managed the back-office departments, including 3 direct departments and over 150 headcount
- Audited over 7 companies of Grupo Nacion using a BIG FIVE auditing firm
- Created the Corporate Governance documents to adopt best practices with over 5 business segments
- Increased EBITDA by 29% showing the highest margin in the last 10 years
- Restructured debt from private banks to public offering, lowering rates by almost 2%
- Updated the headcount in the company from 1,200 to 850 through more efficient processes.
- Managed files and records for clients and adhered to safety procedures to prevent breaches and data misuse.
- Oversaw office inventory activities by ordering and requisitions and stocking and shipment receiving.
- Supervised and guided new employees and responded quickly to questions to improve understanding of job responsibilities.
- Analyzed data related to administrative costs and spending trends to prepare budgets for personnel.
- Communicated corporate objectives to various divisions to meet deadlines and adhere to company budgets.
- Negotiated contracts with vendors and suppliers for office supplies, equipment and services.
- Created, prepared, and delivered reports to various departments.
- Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
- Developed future financial plans to inform critical decision-making related to spending cuts, rightsizing labor force and timing planned business investments.
Financial Advisor
La Nacion S.A.
03.2012 - 01.2013
- Analyzed department returns to increase EBITDA margins over 1% to improve the financial returns of low margin businesses
- Produced over 10 new business models to understand the financial output of new ideas
- Instructed good practices in the modeling and presentation of financial data to more than 7 main stakeholders groups.
Strategy Planner
La Nacion S.A.
11.2009 - 11.2010
- Redesigned and implemented the strategy of the corporation to better understand future trends
- Diagnosed and explained all of the areas of the company through financial data and strategy.
- Prioritized schedules to meet project goals and overall customer satisfaction.
- Analyzed financial aid applications to determine need and devise appropriate financial packages.
- Produced detailed and relevant reports for use in making business decisions.
- Gathered, documented, and modeled data to assess business trends.
Associate Vice President
Amba Research
09.2007 - 11.2009
- Advised sell-side clients providing analytical information of more than 10 industry sectors (e.g
- Medical Technologies, Healthcare; Managed Care)
- Prepared and updated financial models for more than 10 publicly traded companies
- Conducted financial research on +10 companies and economic sectors to prepare investment theses
- Conducted an eight-week project for a hedge fund, building models for 200 Latin
- American companies using historical numbers and making the respective forecasts.
- Aligned organizational objectives with company mission to increase business growth and integrate work strategies.
- Collected data and developed detailed spreadsheets to identify trends and create revenue, profitability, and expense forecasts.
Education
Master of Business Administration (MBA) -
12.2014 - 12.2015
Bachelor of Science - Management
08.2003 - 05.2007
Skills
Quantitative analysis
Financial Management
Business planning
Financial administration
Business administration
Budgeting
Strategic planning
Accounting principles
Reporting expertise
Negotiation
Consulting
Affiliations
Board of directors of Inversiones Bemopint de Costa Rica
Board of directors of Fundación Libros para Todos
Board of directors of de Ascona S.A. (Family Buisness)
Timeline
CFO - CTW, Avolta, CTW Group
10.2022 - Current
CFO and COO - Inversiones Bemopint S.A, Costa Rica S.A
04.2018 - 09.2022
IE Business University - Master of Business Administration (MBA),
12.2014 - 12.2015
Chief Financial and Administrative Officer - La Nacion S.A.
02.2013 - 04.2018
Financial Advisor - La Nacion S.A.
03.2012 - 01.2013
Strategy Planner - La Nacion S.A.
11.2009 - 11.2010
Associate Vice President - Amba Research
09.2007 - 11.2009
Purdue University - Bachelor of Science, Management
08.2003 - 05.2007