ELIZABETH DEL MONTE, MBA, PMP

305.458.5865

edelmont@bellsouth.net
www.linkedin.com/in/elizabethdelmonte

South Miami, FL 33155

SUMMARY

Bilingual (English/Spanish) energetic, business focused Finance Professional with solid

experience at two major global corporations. Delivered cost reductions and efficiency
improvements through detailed analysis of day-to-day operations and implemented
recommendations with multiple functions ensuring compliance and internal customer
satisfaction. Business Leaders trusted advisor providing strategic information, financial
planning/analysis, and reporting. Coached staff and developed their financial/technical skills.
Team player and proud to be part of the companys success.
PROFESSIONAL EXPERIENCE
ERICSSON INC., Miami, FL

2009 - 2016

Finance Project Manager

2013-2016
Retained from NORTEL after acquisition by ERICSON, and promoted to manage Project Staff
Team across 17 countries in Latin America with a $2.5M budget. Charged with reducing costs,
improving Profit and Loss levels, and exceeding functions metrics & KPIs.
Achievements:
Reduced time to issue purchase orders in Network Roll Out Projects from 5 to 2 days.
Centralized offshoring administrative activities to Mexico and reduced costs by 20% while
maintaining Service Level Agreements.
Implemented Order-to-Cash tool that reduced working capital by ten days (around 5%).
Completed Manager Assessment required by the position.
Duties:
Monitored Monthly Reporting of Project Costs and variance analysis versus budget and
followed up on actions.
Led continuous process improvements analysis (As Is) and the implementation of approved
recommendations by all functions (To Be).
Managed Team productivity (42 employees); ensured 100% billability, and expectations
from stakeholders (Project Manager and Program Managers).
Oversaw the department budgets and continuously monitored to guarantee full absorption.
Initiated actions when charges were incorrectly posted.
Implemented new Project Planner function, developed competence plan, and validated
stakeholders satisfaction.

Financial Analysis Manager

2010-2012
Achievements:
Integrated post-merger Caribbean contracts acquired from NORTEL and significantly
reduced legal and tax implications saving the company $200K in Value Added Taxes.
Duties:
Oversaw dual sales forecast systems for nine months until final integration.
Monthly reporting and variance analysis versus forecast in both systems to regional and
business units senior leaders.
Liaison for any financial issue related to new acquired contracts: A/R, A/P, Operations, and
Migration to Ericssons systems, Customer facing.
Responsible for full integration of NORTELs Customer Project Managers to ERICSSONs
process, methods, and tools.
Achieved Project Management Professional (PMP) Certification

Elizabeth Del Monte, MBA, PMP

(305) 458-5865

NORTEL NETWORKS, Sunrise, FL

Page Two
2000 - 2009

2005 2009
Promoted to direct Financial Analysts providing Finance Support and act as key advisor for
Senior Leaders with Carrier Caribbean Sales Team. Managed P&L with sales of $150M and
budget of $24M.

Senior Finance Manager

Achievements:
Minimized deferred revenue by less than 10% of target sales by performing revenue
analysis during deal structure.
Acted as Change Agent for collection process; created Cash Assurance Task Force which
reduced DSO by more than 60 days and greatly enhancing the cash flow.
Duties:
Led revenue recognition analysis, contract management, financial planning and analysis,
Forecast assurance.
Assessed resellers credit limits and managed accounts receivables.
Ensured SOX compliance.
Represented region Latin America in the Global Finance Development Program.
2003 2005
Finance support to the VP of Sales of the Enterprise Business Unit for Latin America.

Finance Manager

Achievements:
Successfully completed the restatement process for the business unit by re-evaluating all
contracts entered in the last three years.
Two-time winner of Corporate Award recognizing Outstanding Business Unit Support.
Duties:
Managed budget cycle for the unit and submitted to corporate for approval/revision.
Performed Financial Reporting of actuals versus budget and variance analysis.
Controlled the pricing system, proposal process, and maintained governance.
Administer resellers/customers credit limits, accounts receivables, and dispute resolutions.
Coordinated marketing programs and provided journal entries to comptroller for processing.
2000 2003

Senior Financial Analyst

EDUCATION / OTHER
Master Business Administration
Universidad Catolica Madre y Maestra, Santo Domingo, Dominican Republic
(Program delivered by the University of South Carolina)

Chemical Engineer
Universidad Nacional Pedro Henriquez Urena, Santo Domingo, Dominican Republic
Languages Fully Bilingual English/Spanish
Project Management Professional Certification (PMP)
Software: Advance Excel, Power Point, and SAP, ad-hoc reporting/analysis.