Cost Controller
QDVC
Total years of experience :23 years, 7 Months
Responsible for preparation and control of staff budget that includes salaries, leave, end of
service benefits, housing allowances and other staff benefits. Include the budget and control
for Office, HSE and QAQC expenses. Allocate expenses related to staff, office, HSE &
QAQC in the proper account or budget. Explain variances/gaps every end of the month.
Update budget and commitments if necessary. Verifies and process invoices of
subcontractors and suppliers against the contracts. Verifies and Process partners’ invoices.
Prepare back charges to subcontractors and Partners if there’s any.
Prepare Monthly Financial Statements (Income Statements and Balance Sheet). Prepare Bank Reconciliation, Aging of Accounts Receivable and Payables. Prepare Audit Schedules. Prepare Checks and Checks Vouchers. Verify invoices of Sub-Contractors and Suppliers against delivery notes, PO or contract. Encode transactions in Tally and other clerical works (e.g. filing)
Check the invoiced value is in the limits of the relevant contract/MR. Maintain and update
the projects budget availability, commitment and expenditures. Validate cost code allocation
and cost, including foreign currency conversions, commitments and PO/Contract terms and
conditions. Ensures that the constructions expenses (manpower, materials and subcontractors
charges) are allocated properly based on the approved/allocated budget.
Participate in analysis of related cost data with Project Managers and Area Managers.
Maintain, monitor and process invoices. Explains the variance between the actual expenses
incurred with budget. Prepares Weekly Productivity Report and explain the reason(s) of the
ratio between hours and concrete. Prepare monthly forecast or provisional expenses for
Cost Reporting. Prepare and verify inter-sites billing. Monitor equipment movement and
fuel consumptions. Prepares inter-office correspondence and other clerical jobs (e.g.
encoding, filling)
Extract data from SAP (System Application and Programs on Products - Material Management Module) in preparing Weekly Material Consumption Report and prepare Purchase Requisition. Reconciles Inter-Warehouse Stock Transfer. Follow-up purchases from suppliers. See to it that the physical count is tallied with the SAP balance. Other Clerical jobs (e.g. encoding of transactions through SAP, filling).
Reviewed and revised existing company Policies and Procedures. Incorporates suggestion and comments from Process Owners and Conduct process audit.
Record all transactions in the books of accounts. Review and processed all accounts for correct cost and quantities. Payroll Processing. Established, maintained and coordinate the implementation of accounting and accounting control procedures. Monitor and review accounting and related system reports for accuracy and completeness. Interact with external auditors in completing audits. Check employees individual accounts and prepare cash advances requested by employees. Prepare employees final settlement and annual leave payments. Enter salary deductions and reimbursement. Prepare check payments. Prepare Monthly and Year End Trial Balance and Cash Flow. Being part of the Treasury Department, I handled as well the preparation of the School Year Budget both for school expenses and repairs and maintenance. Responsible in preparing government mandated benefits (SSS, Health Insurance and HDMF contributions). In charge in preparing employee taxes and claims (sickness, maternity and Health Insurance). Suggest employee’s salary increment. Responsible in applying for yearly Tuition Fee Increase.
Provide good service to all customers by maintaining a friendly environment. Maintain accurate records. Be a medium of communication between the customer and the management. Calculate the total payment. Perform sorting, counting and wrapping currencies and coins.
Coordinate with branches sales and inventories. Check/Audit branch sales and inventories. Filling all invoices and payment vouchers. Prepare Value Added Tax payment (Monthly, Quarterly and Yearly). Conduct Physical Inventory.
I already earned 33 units in masters