Finance Controller
REPUBLIC CEMENT SERVICES INC
Total years of experience :18 years, 5 Months
one of the largest multi-national cement manufacturer in the Philippines with 5 cement plants across the country
and 1 grinding station in Visayas)
Supply Chain Business Partner
Acts as a Supply Chain business partner in Finance responsible for the accuracy and completeness of supply
chain data.
• Prepares cost-benefit analysis of project proposals
• Prepares monthly analysis of actual costs vs. budget vs. forecasts
• Prepares monthly management report and discuss it with Management
• Consolidates and reviews budget data from Supply Chain team
• Reviews freight to customers costs, finished goods transfer costs, depot costs and
performance during the month-end closing
• Responsible for the accounting and month-end compliance of depots
• Responsible for the SOX compliance related to Supply Chain controls
Accomplishments
• Implemented guidelines between the GL team and Control team during month-end closing
to ensure that there are no surprises and thorough review of the process
• Established close coordination with Supply Chain and Finance
• A strong Finance business partner to the team. Provides detailed analysis of actuals vs.
budget vs. forecast
• Completed costs analysis of raw material transfer costs that will help Management for
decision making (best source, less costs)
• 100% SOX audit passing rate
Selling, General & Administrative (SG&A) Controller for Head Office (HO)
Responsible to keep the SG&A costs of the HO to budget level and determine probable cost savings
• Reviews costs of each cost center against budget and forecast during the month and
provides report to Management on a monthly basis
• Ensures that costs are accurate (posted in the correct cost centers and GL account) and
complete
• Provides report to cost center managers on a monthly basis and helps prepare the monthly
forecast
• Nominates areas for probable savings
• Reviews the annual budget submitted by cost center managers
Fly ash and Aggregates Businesses Controller
Acts as a Finance controller for Aggregates business responsible for the preparation of its monthly Profit
and Loss and support the team in their projects to achieve or exceed the EBITDA budget
• Prepares monthly analysis Profit & Loss and discusses to Management
• Ensures that costs and revenues are completely recorded at month end
• Analyzes customer’s contribution margin by product to help the team generate commercial
strategies
• Develop analyses (break-even point, cost-benefit, product mix, optimal volume) that will
Management in their decision-making
Accomplishments
• Prepared detailed costing analysis of Aggregates business and its impact in cement business.
Resulted to continue the business even if it generates low EBITDA but helps the whole
business absorb a portion of its fixed costs
• Develop reports for fly ash business. In its second month this year, the value prepositions by
the team were all embraced by Management
Group Record to Report Process Manager
Responsible for the overall process of recording to the general ledger to reporting both internal and external of 8
legal entities owned by the Group
• Ensures to have a smooth and timely month-end closing. Effective coordination with other
streams such as Purchase to Pay and Order to Cash
• Supports the CFO in preparing financial analyses
• Responsible for the Company’s monthly financial reporting to Group Head Office in France
• Point person for external audit
• Reviews the Group’s financial statements for statutory reporting
• Reviews and approves balance sheet analyses and bank reconciliations
• Responsible for Fixed Assets and CAPEX accounting and reporting
• Responsible for the Group’s tax compliance
• Handles the maintenance of the Chart of Accounts
• In-charge of cascading the impact of new International Accounting Atandards to the team
• Continuous Process Improvement
• Team development
Accomplishments
• Helped formed the team during the migration to shared service organization
• Critical team member in an ERP project from a 10 year old legacy system in 2013
• Leads month-end closing coordination meeting with other streams for alignment
• Updated accounting policies to align with current accounting standards
• Submission of all reports on time and no major local regulatory findings
• Finance lead during the sale of Lafarge associated companies in the Philippines in 2015 and in
the transition phase
• Strong Finance partner to legal team in ensuring that questions on Financial Statements are
answered
for 5 legal entities of the Republic Group based in the Head Office. Responsible for the
Head Office GL accounts, internal and external reporting
• Prepares balance sheet accounts analyses and manual journal entries
• Actively participate in month-end closing process
• Prepares tax returns (e.g. withholding tax, value-added tax and income tax)
• Prepares consolidated bank reconciliation and intercompany reconciliations
• Prepares monthly financial statements in Hyperion for Group reporting in France
• Prepares quarterly financial statements consolidation for listed companies for submission to the
Securities and Exchange Commission
• Prepares the financial statements of the companies handled
• Coordinates with the external auditors during annual audit
• Participates in the inter-plant internal audit testing
Accomplishments
• Adherence to the Company’s policies and timely submission of accurate reports
• Internal deadlines are met (Philippines and Group)
• No material audit findings during annual audit by external auditors
• No delays in the submission of tax returns and no material penalties
• Promoted to Record to Report Manager after 3 years
Manages audit team
• Leads fieldwork and review audit work papers
• Monitors audit progress and reports timely to the manager and partner-in-charge
• Discusses audit findings and adjustments to client’s Management
• Prepares Management letter for every engagement to help the client address significant audit
points
• Responsible to foster good relationship with clients but maintaining professional skepticism
• Reviews the financial statements and income tax computations
Clients handled:
Service
Contractors
Performs audit fieldwork
• Communicates issues preliminarily noted during the audit fieldwork
Accomplishments
• Completes audit engagements deliverables on time
• High performer and promoted to Senior Associate after 2 years
courses: Certified Public Accountant