Hernan Mompo

About Hernan Mompo

As CFO of Tenova Group North America, I have spent the past 6+ years steering financial…

Experience

1. Chief Financial Officer (CFO), Tenova Inc (Usa)

   Tenova

   Jan 2017 — Present · Pittsburgh, PA, US

   Lead the North American finance organization—diverse team of 9 direct reports—providing fiscal administration, corporate governance, and oversight of IT functions impacting business in the US, Mexico, and Canada, generating $100M in annual revenue.»» Formulate and execute short- and long-range strategic plans, working diligently to improve business processes, increase net income, and catalyze growth. Produce quarterly forecasts, annual strategic plans, and financial targets, communicating to executives and board members, and creating a data-driven decision-making environment.»» Fueled a 40% increase in revenues in 3 years, improving net business income to historical highs through a focus on standardizing administrative processes, improving corporate controls, and dramatically increasing performance transparency. Drove a 3x improvement in cash, resuming dividend payments in 2021 for the first time in 8 years.»» Reviewed contracts of up to $50M to analyze tax implications, ensuring compliance with transfer price rules to mitigate organizational risk and exposure, analyzing inflationary and macroeconomic factors, and overseeing tax planning.»» Audited key human resources processes, negotiated multimillion-dollar medical insurance renewals, and analyzed potential investments based on cost-benefit, including approving a $7M, 2-year capital expense to renovate physical facility.»» Generated $1.2M in interest income and captured $1M tax credit, exercising full investment discretion over $40M free cash fund, resuming R&D reports, connecting bank and ERP systems, and greatly modernizing procurement-to-pay and AP processes.»» Stepped into organization during migration of ERP, assuming leadership of sunsetting Microsoft Dynamics 365 and deploying SAP while learning each business, leading a team in navigating a time of change, and surmounting global economic challenges.

Education

• Columbia Business School

  CFO Program

• Rice University - Susanne M. Glasscock School of Continuing Studies

  Public Speaking 9-Week Workshop

• Universidad Argentina de la Empresa

  Bachelor of Business Administration - BBA

• United International Business Schools

  Controller Workshop