Luis Felipe Valbuena
Calgary,AB
Summary
Experienced financial systems leader with a proven track record of effectively managing internal accounting processes, enhancing controls, and optimizing systems for peak performance. Skilled in all facets of accounting, from accounts payable and receivable to budget administration. Adept at assembling and leading strong teams to manage high-volume operations with precision, consistency, and full adherence to regulatory standards.
Overview
22
22
years of professional experience
Work History
Accountant Manager
Canacol Energy Ltd
02.2018 - Current
- Lead accounting operations for multiple countries, including Canada, Colombia, Bolivia, Switzerland, and others.
- Supported the completion of monthly financial reporting packages and external audit documentation.
- Collaborated with executives to develop annual budgets and monitored expenses against projections.
- Introduced internal controls to enhance financial oversight and implemented corrective actions for identified risks.
- Maintained the integrity of the general ledger and performed complex accounting functions, including journal entries and balance sheet reconciliations.
- Maintained accounting controls by establishing chart of accounts, defining accounting policies and procedures.
- Applied advanced analytical techniques to identify trends in revenue generation, cost control, and profitability optimization.
- Implemented inventory control measures that resulted in improved stock tracking accuracy.
- Developed strong working relationships with cross-functional teams to maintain accurate records related to fixed assets depreciation schedules.
- Ensured data integrity by conducting regular account reconciliations, identifying discrepancies, and taking corrective action as needed.
- Led a team of accountants to successfully complete annual audits on time and within budget.
- Developed and implemented various procedures to improve accounting process.
- Collaborated with other departments to achieve accurate and prompt financial reporting.
- Developed and maintained system of internal controls to prevent fraud and abuse.
- Conducted internal audits to verify accuracy and compliance with applicable standards.
- Utilized financial software to prepare consolidated financial statements.
- Supported financial director with special projects and additional job duties.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
- Maintained accounting controls by establishing chart of accounts and defining accounting policies and procedures.
Assistant Controller
Canacol Energy Ltd
02.2018 - 12.2022
- Oversaw controller functions for various international operations.
- Streamlined daily financial functions and enhanced reporting processes.
- Implemented IFRS accounting policies and best practices across the organization.
- Ensured integrity of general ledger accounts through regular reconciliations, adjustments, and detailed documentation.
- Facilitated cross-functional collaboration by partnering with other departments on special projects aimed at improving overall company performance.
- Streamlined month-end closing procedures, reducing time spent on manual tasks and increasing efficiency.
- Mentored junior team members in accounting best practices, fostering a positive work environment and professional development opportunities.
Accountant Coordinator
Canacol Energy Ltd
07.2009 - 02.2018
- Handled day-to-day accounting processes to drive financial accuracy.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Supported department objectives by participating in cross-functional projects with other departments as needed.
Senior Auditor
PricewaterhouseCoopers
09.2008 - 07.2009
- Mentored junior auditors, contributing to their professional development and enhancing team performance.
- Enhanced audit efficiency by implementing risk-based audit strategies and streamlining processes.
- Evaluated the accuracy of financial reporting systems, identifying areas for improvement and recommending corrective actions.
- Managed multiple concurrent audits, effectively prioritizing tasks to meet deadlines without compromising quality.
- Implemented best practices in auditing procedures through continuous learning and professional development activities.
- Developed strong relationships with clients, fostering trust and enabling open communication during the audit process.
- Completed audit papers by thoroughly documenting audit tests and findings.
- Ensured proper implementation of new accounting standards across all departments, minimizing discrepancies between internal records and external reporting.
Senior Auditor
Deloitte
01.2003 - 08.2007
- Mentored junior auditors, contributing to their professional development and enhancing team performance.
- Enhanced audit efficiency by implementing risk-based audit strategies and streamlining processes.
- Evaluated the accuracy of financial reporting systems, identifying areas for improvement and recommending corrective actions.
- Implemented best practices in auditing procedures through continuous learning and professional development activities.
Education
MBA - Business Administration
Carlos III De Madrid University
Spain, Madrid11.2008
CPA - Accounting
Universidad Externado De Colombia
Bogota, Colombia12.2005
BBA - Business Administration
Universidad Politecnico Gran Colombiano
Bogota, Colombia12.2002
Skills
- ERP Systems: Oracle and Ideas System
- Consolidation EPM Oracle
- Variance Analysis
- Certified Public Accountant (CPA) - Colombia
- General ledger accounting
- Month-end reporting
- Operations Management
- Audit Coordination and Expertise
- Financial Data Analysis
- Quarterly reviews
- GAAP understanding
- System Development
- Critical Thinking
- Attention to Detail
- Decision-Making
- Team Building Leadership
- Planning and coordination
- Staff Training and Development
- Budgeting and Forecasting
Languages
English
Spanish
Certification
- CPA - Certified Public Accountant
Timeline
Accountant Manager
Canacol Energy Ltd
02.2018 - Current
Assistant Controller
Canacol Energy Ltd
02.2018 - 12.2022
Accountant Coordinator
Canacol Energy Ltd
07.2009 - 02.2018
Senior Auditor
PricewaterhouseCoopers
09.2008 - 07.2009
Senior Auditor
Deloitte
01.2003 - 08.2007
MBA - Business Administration
Carlos III De Madrid University
CPA - Accounting
Universidad Externado De Colombia
BBA - Business Administration
Universidad Politecnico Gran Colombiano
Similar Profiles
Tony KellyTony Kelly
Asset Inspector,pole Nailing at Energex ,Ergon Energy,Evo Energy, Essential EnergyAsset Inspector,pole Nailing at Energex ,Ergon Energy,Evo Energy, Essential Energy
Corey RickerCorey Ricker
Staffing and Security Liaison (GS-12/13 Level) at REDHORSE Corp, Department of Energy Contractor, Office of Energy Efficiency & Renewable EnergyStaffing and Security Liaison (GS-12/13 Level) at REDHORSE Corp, Department of Energy Contractor, Office of Energy Efficiency & Renewable Energy
Allan FulknierAllan Fulknier
Water Operations Consultant at Southwestern Energy, Expand EnergyWater Operations Consultant at Southwestern Energy, Expand Energy