Eduardo Chavez

eduardo chavez

Founder & CEO at ECM Consulting Group

United States

Bio Summary

As a finance expert, I am dedicated to helping CFOs and finance executives drive maximum value for their organizations through cost efficiency and support for business growth.

My approach begins with a thorough assessment of the current performance and capabilities of the finance department, and then moves on to developing a vision for the future and creating a roadmap for transformation. This can include initiatives such as organizational changes, process improvements, system implementations, and automation tools. My goal is to ensure that finance departments are better positioned to support corporate strategy, increase profitability, and reduce risk.

I have a proven track record of delivering results for my clients. For example, I recently worked with a $4.5 billion corporation that was struggling to reduce SG&A expenses. In just 90 days, I was able to help them save 5%, and within a year, they had achieved an additional 12% in savings.

I have extensive experience running finance operations for large, global businesses, and I specialize in serving mid-size to large corporations looking to improve their financial performance and operations. Whether you're looking to streamline processes, adopt new technologies, or implement more effective governance and controls, I can help you navigate the complex landscape of finance transformation and emerge as a key driver of business success.

Employment History

ECM Consulting Group

Founder & CEO

ECM Consulting Group

April 2017 - present

Philadelphia, PA, USA

At ECM Consulting, we help CFOs increase their company's ROI, remain competitive, and continue to grow – by reducing their costs and increasing the value delivered to customers and stakeholders.

AbbVie

Director Financial Services

AbbVie

December 2013 - February 2015

Chicago, IL, USA

Abbvie is a leading bio-pharmaceutical corporation spun-off by Abbott Labs. Provided controllership, business analysis (budgeting and forecasting ) and operational support to all the Affiliates located in Canada and Latin ...see more

Capgemini

Record to Report Service Delivery Director

Capgemini

November 2010 - January 2012

Los Angeles, CA, USA

Performed controllership role on behalf of Warner Brothers' subsidiaries, the movie production company, located in the USA, EMEA and Asia-Pacific region. Managed time-sensitive projects aimed at transitioning back-offic ...see more

Accenture

Finance Transformation

Accenture

January 2007 - August 2008

Philadelphia, PA, USA

Accenture is one the key players in the business consulting and business process outsourcing industry. Advised finance leaders at the CFO, Vice President Finance and Directors of Finance levels. Led projects at large Fortu ...see more

Convatec

Associate Director of Finance (Controllership, C-Level Support, Outsourcing, Logistics, Americas)

Convatec

March 2003 - March 2006

Princeton, NJ, USA

ConvaTec is a medical devices corporation formerly owned by Bristol Myers Squibb. Full financial responsibilities in Latin America. Led cross-functional project to roll out a new business model in the USA, involving a thir ...see more

WTW

International Controller (Controllership, International Operations, Shared Service Center, C-Level)

WTW

July 2001 - February 2003

Philadelphia, PA, USA

Towers Perrin is now known as Willis Tower Watson. It is a large HR consulting firm providing services related to compensation strategies, actuarial studies, and pension plans. Oversaw 32 subsidiaries located in Europe, A ...see more

The Dow Chemical Company

International Audit Manager

The Dow Chemical Company

July 1998 - January 2000

Philadelphia, PA, USA

Performed operational and financial audits in the USA and Internationally.

RR Donnelley

Audit Manager/Finance Controller

RR Donnelley

March 1991 - December 1997

Toronto, ON, Canada

Responsible for Internal Audit function in Latin America and Canda. Became Controller of the operation in Puerto Rico

Arthur Andersen

Accounting and Consulting

Arthur Andersen

January 1986 - October 1989

Lima, Pennsylvania, USA

Auditing and Consulting to subsidiaries of multinational corporations doing business in LATAM

Selected Project Experience

Project Description:
Reduced accounting-related costs by 12%; improved reliability of financial information and cash management as well as reduced credit risk by proposing and executing the creation of a Shared Accounting Center in London, UK.

Industry: Management Consulting

Topic(s): Shared Services, Procedure Standardization, Cost Reduction, Business Process Improvement, Automation


Project Description:
Managed execution of Order to Cash project plan involving operational, financial and information systems (SAP) related issues. Reduced inventory turnover by 15 days, shortened time to deliver customer orders by 3 days and shipping costs by 10%.

Industry: Pharmaceuticals & Medical Products

Topic(s): Procedure Standardization, Inventory Management, Business Process Outsourcing, Accounts Receivable Management, Order Entry


Project Description:
Assisted division of an US$18 billion Media and Entertainment corporation to plan and implement a finance transformation initiative in Europe and the USA. PERFORMANCE HIGHLIGHTS ✔Reduced overhead by 15% and improved operational efficiency by designing the future finance organization. Prepared business case, presented and gained support from senior management to approve a capital investment to: 1️⃣ Implement an ERP system 2️⃣ Standardize business processes 3️⃣ Create a finance Shared Service Center.

Industry: Media, Sports & Entertainment

Topic(s): SAP, Procedure Standardization, Organizational Change, Shared Services, Process Improvement and Optimization


Project Description:
Assisted a $69 billion distributor of pharmaceutical products to reduce Order-to-Cash operating costs by 40% and end-to-end process from 60 to 30 days. Developed business blueprint to implement SAP’s Financial Supply Chain Management.

Industry: Pharmaceuticals & Medical Products

Topic(s): SAP, Business Process Automation, Business Process Discovery, Business Process Improvement, Organizational Change


Project Description:
Built finance organization in India for a large movie production company in 6 months. Reduced the cost of the finance organization by 50%. Managed transition of finance operations from the USA and Europe for subsidiaries as large as $4 billion in sales.

Industry: Media, Sports & Entertainment

Topic(s): Business Process Outsourcing, Procedure Standardization, Business Process Reengineering, SAP, Record to Report (R2R)


Project Description:
A US$ 1 billion Staffing Firm needed to revisit its revenue process to improve cash inflows and customer service. PERFORMANCE HIGHLIGHTS ✔Reduced billing process from 6 days to 1 day and DSO from 45 days to 30 days. ✔Analyzed reporting package, assessed the IT Infrastructure and organizational design. Benchmarked against best-in-class companies. ✔Prepared a detailed road map to take the revenue process to the next level of performance. Among other steps, it was recommended to shift from a departmental to process organization, upgrade the information systems, develop KPI’s, etc.

Industry: People and Talent

Topic(s): Order To Cash Process, Business Process Improvement, Accounts Receivable Management, Cash Flow Management, Billing and Invoicing


Project Description:
A large pharmaceutical company had decided to divest a non-strategic $4 billion animal health company. The key goal was to create a stand-alone finance organization. I was brought as the Project Leader responsible for the Americas region. PERFORMANCE HIGHLIGHTS ✔Prepared a project and change management plan. Obtained approval from upper- management. Oversaw implementation of the plan. Provided project updates. ✔Relocated a finance organization from the USA to an off-shore, low cost location to perform finance and accounting work for all subsidiaries located in the Americas region.

Industry: Pharmaceuticals & Medical Products

Topic(s): Shared Services, Divestitures, Record to Report (R2R), Purchase-To-Pay (P2P), Order To Cash Process


Project Description:
Shortened the accounting closing process from 4 to 2 days by eliminating non-value added processes. Reduced overtime and increased time performing analytical work from hours to almost 2 days.

Industry: Biopharma

Topic(s): Record to Report (R2R), Business Process Automation, Business Process Improvement, Accounting and Finance Software, Lean Six Sigma


Project Description:
Led project to break up a $13B business into 3 independent public companies

Industry: Paper and Packaging

Topic(s): Program Management, Change Management, Business Case, Shared Services, Divestitures


Project Description:
Advisory role reporting to the VP Global Business Services (GBS). This program was aimed at centralizing, simplifying, automating and standardizing core processes to streamline SG&A expenses. ✔Developed a long-range plan and obtained senior management buy-in including: 1️⃣ Benchmarking the organization against competitors and develop baseline performance metrics. 2️⃣ Standardizing finance processes globally and, 3️⃣ Creating a process-based organization.

Industry: Paper and Packaging

Topic(s): Record to Report (R2R), Order To Cash Process, Purchase-To-Pay (P2P), Program Management, Business Case


Project Description:
Developed balanced scorecard for C-Level Executives for a $50B company

Industry: Energy Storage

Topic(s): Balanced Scorecard, Business Strategy, Key Performance Indicators (KPIs), Compensation Management


Project Description:
o Developed TOM/Governance Model/Benchmarking o Developed GBS roadmap o Developed suggestions to improve finance-related processes o Developed TSA Exit Plan

Industry: Chemicals

Topic(s): Divestitures, Shared Services, Finance Transformation, Strategic Roadmaps


Project Description:
o Developed TOM (Target Operating Model) for a Product Development Center in India and a Governance Model o Developed a roadmap, streamlined Agile organization

Industry: Energy Efficiency

Topic(s): New Product Development, Agile Management, Operating Model, Strategic Roadmaps, Corporate Governance


Project Description:
o Developed recommendations to improve the Order-to-Cash process o Developed OTC transformation charter, road map, metrics, and savings

Industry: Paper and Packaging

Topic(s): Order To Cash Process, Strategic Roadmaps, Business Case, Process Improvement and Optimization, Key Performance Indicators (KPIs)


Project Description:
o Participated in developing a project prioritization methodology o Developed presentations and tools in connection with workshops for over 5 finance related functions o Developed customized process taxonomies and capabilities maturity matrices

Industry: Enterprise Software

Topic(s): Program Management, Strategic Roadmaps, Prioritization, Kickoff Meetings, Business Case


Project Description:
Developed a finance transformation roadmap and recommendations to shorten the accounting closing from 7 to 3 days

Industry: Building Material

Topic(s): Finance Transformation, Strategic Roadmaps, Benchmarking & Best Practice, Shared Services

Certificates

Lean Six Sigma - Black Belt RPA

Education

Master in Business Administration

Saint Joseph's University

2004

BA Accounting

Universidad de Lima

1989

Language Skills

Country Experience

United States Argentina Belgium Brazil British Indian Ocean Territory Canada China Colombia Costa Rica France Germany Korea, Democratic People's Republic of Mexico Panama Peru Poland Taiwan United Kingdom

Skills

Business

Business Transformation,

Business Process Automation,

Business Process Improvement,

Business Process Outsourcing,

Order To Cash Process,

Coupa (Spend Management Software),

International Business,

Internal Control Evaluation,

Benchmarking & Best Practice

Transportation, Supply Chain, and Logistics

Purchase-To-Pay (P2P)

Finance

Record to Report (R2R),

Financial Planning,

Accounting Information Systems

Information Technology

SAP

Education and Training

Program Management

Industry Experience

Professional Services

Accounting and Audit,

Management Consulting

Pharmaceuticals & Medical Products

Biopharma

Material

Chemicals,

Paper and Packaging

Consumer Products

Energy

Oil & Gas

Engineering and Services

Media, Sports & Entertainment

Film & Television

Travel & Tourism

Hotels & Hospitality

Industrial Goods