Felipe Penagos

Finance Intern

• - Developed a strategy to reduce foreign exchange risk and to obtain savings in the currency purchase process.
• - Evaluated the cash flow forecast and the main cash inflows and outflows and identified opportunities to improve the accuracy of the forecast and the liquidity of the company

Senior Consultant - Compliance

• - Advised clients on internal control, corporate governance and in compliance with international regulations on financial reporting standards and anti-bribery regulations.
• - Developed compliance audits to evaluate the mitigation of the key risks of the business and the compliance with internal controls and accounting standards.
• - Reviewed the periodic results of the Key Performance Indicators reported by the biggest oil company in Colombia.
• - Provided advisory on areas like treasury, purchasing and sales in order to improve the processes controls and the mitigation of risks.
• - Performed the financial due diligence of the biggest Colombian airline in order to identify issues for the possible investor in terms of revenue, costs, expenses, debt level, financial commitments, market position and overall EBITDA. (Assets $0.9 billion).
• - Evaluated the cash flow, budget and overall financial position of the projects funded in Colombia by the Global Fund (Total funds £5M).
• - Prepared, discussed and presented advisory reports including the main findings and improvement opportunities identified at top management levels.
• - Led teams from 2 up to 8 consultants in diverse projects providing supervision to the technical execution of the projects, performance evaluations and individual development plans.

Associate - Audit

• - Produced financial statement audits under international audit and accounting standards. Participated in audits on clients located in Colombia and the USA in industries such as retail, healthcare and logistics.
• - Participated in the definition of audit plans for a range of clients.
• - Delivered analytical estimations and detailed tests of different components of the financial statements including revenue, expenses, fixed assets and depreciation among others.
• - Reviewed reconciliations of accounts including banks, accounts receivable and payable.

University of Manchester

Pontificia Universidad Javeriana