EMELBEN B. BARAQUEL, CPA

adc38r@r.postjobfree.com Makati, Metro Manila, Philippines +639*********

PROFILE

Project Controller professional with over 7 years’ strong experience in performing project controlling, finance, accounting and auditing tasks such as ensuring compliance with external laws/accounting standards and internal policies, performing forecasting, financial and management reporting, revenue planning and costs controlling, project monitoring and project management, identifying performance trends, creating and implementing project controls, improving work force productivity and providing updates and data analysis services to both internal and external stakeholders within the Information Technology (IT) and manufacturing industry.

Possess strong knowledge of project controlling, finance and accounting concepts, such as preparation of cost estimates and monitoring of cost performance to detect and understand variances from the budget/forecast, producing accurate and reliable financial forecast with adequate justification and latest estimates, development and execution of change management, financial reporting (balance sheet, income statement, cash flows), management reporting (control account schedule review, actuals/Estimate To Complete and risk analysis), identifying and quantifying matters impacting project financials, developing and updating project controls plan, reviewing and verifying monthly project accounting entries, measuring and analyzing cost variances between actuals, forecast, budget and baseline and managing cash flows by liaising with Payables and Receivables functions to ensure timely collections. Proficient in Microsoft Excel (pivots, v-lookups, VBA, macros), Word, PowerPoint, SharePoint, SAP ERP, Oracle, Hyperion, BW and Sales Force.

Fluent in English and basic knowledge in Deutsch, verbal and written communication. Also knowledgeable in various accounting principles and frameworks, such as IFRS, SOX and local GAAP.

PROFESSIONAL EXPERIENCE

SAP Asia Pte Ltd (Singapore)

Project Finance Controller May 2019 - Present

Responsible for performing project controlling tasks, such as ensuring compliance with external laws/accounting standards and internal policies, performing forecasting, financial and management reporting, revenue planning and costs controlling, project monitoring and management, identifying performance trends and early warnings of adverse cost trends and formulating corrective actions to be taken, creating and implementing project controls, improving work force productivity and providing updates and data analysis services to both internal and external stakeholders, serving as first point of contact for project finance and project administration for internal organization and external auditors, monitoring reimbursable costs and ensuring invoices are compliant with the clients’ policy for expense reimbursements, ensuring month-end entries and accruals are done accurately and timely and measuring and analyzing cost variances between actuals, forecast, bid baseline and budget within the Digital Business Services department of a $60B/large-sized organization in the IT industry.

Creates and maintains project control plans of the project team to ensure estimates, budget and schedules are reliable and can support financial forecasts and variance reporting.

Prepares revenue and cost estimates on a monthly basis and/or during major changes in project resourcing as confirmed by the client to provide detailed information to the project managers and relevant internal teams that is used in decision-making,

Produces accurate and reliable forecasts for 10+ project streams to provide a high-level and detailed-level view of the financial standing of the project for the foreseeable future.

Advises on various topics, such as cost development, revenue trends/variations, risk and opportunities on a monthly basis to ensure that right attention is given to adversely impacted areas while optimization is encouraged and achieved on areas that are steadily growing.

Prepares periodic internal project related financial and management reports explaining quarter-on-quarter variance and trends on revenue and cost and unusual/material fluctuations on margin to provide transparency to relevant stakeholders ensuing to a more strategic decision-making.

Liaises with Payables and Receivables functions in checking invoices are sent and billings are collected timely to ensure stability and proper management of cash flows.

Connects with clients on a weekly basis to discuss open issues on invoices/billings, resourcing, compliance with client company policies to support development of contingency plans when needed by circumstances.

Achievements:

Successfully developed and implemented a tracker for all outstanding invoices to clean-up and verify long-overdue billings that have not yet been paid by the client. This tracker has resulted in reduction of $10M in accounts receivable.

Successfully cleaned-up staffing tracker of resources for the Professional Services group to ensure that actual delivered work efforts are within the contracted days. This resulted in $2M additional revenue of the company covered by 5 change requests properly approved by the client.

Successfully streamlined forecasting across 3 project streams for man-day type of contracts which involves forecasting of man-days per project stream on a more efficient and reliable way. This resulted to forecast deviation of less than 2% per month.

VMware, Inc

Business Development Lead Aug 2018 – May 2019

Responsible for performing business development tasks, such as ensuring accuracy and timeliness of monthly country forecast, monitoring of sales forecast vs actuals and budget, preparing monthly and quarterly reports to country manager and regional finance stakeholders, leading weekly cadence meeting to monitor progress of forecasted sales against timeline, liaising with OEM partners and ensuring that the business grows steadily, and developing and implementing short and long range business plans for the country collaborating with the country manager within the sales finance department of a $15B/large-sized organization in the IT industry.

Achievement:

Developed and implemented short and long-range business plans to focus on market areas with identified foreseeable growth. This enabled the team to grow and expand market penetration ensuing to double-digit increase year-on-year in revenue.

General Motors, GBS Philippines

Finance Analyst Jan 2017 – Jul 2018

Responsible for performing financial planning and analysis tasks, such as forecasting of cost and revenue, developing budget both short and long-term, preparing month-end and quarter-end closing journal entries, creating accrual schedules for cost and revenue, variance investigation/analysis and reporting, and leading improvement initiatives on processes and reports within the Financial Planning and Analysis department of a $227B/large-sized organization in the automotive manufacturing industry.

Prepared monthly and quarterly reports on actual revenues and costs of the business unit with comparison on submitted forecast and budget to ensure revenue and cost are progressing according to plan.

Collaborated with cross-functional teams of business analysts, such as intercompany and costing functions to develop and implement change management or improvements on process flow and interdependencies of work.

Provides inputs on business planning with the business unit owners and ensures reliability of forecast based from historical data to enable strategic financial planning which serves as a basis for key decision makers.

Implemented various financial accounting trainings on new hires during on-boarding to build capabilities and establish aptitude of the process.

Incorporating approved change of a process within interdependent processes and schedules, updating the scope of standard operating procedures and relevant reports to have a holistic improvement delivery.

Achievement:

Successfully simplified forecasting by eliminating non-value adding steps in the process. This simplification has resulted in a significant time savings of 60 hours per month.

Procter and Gamble International Operations SA ROHQ

Senior Associate Oct 2013 – Jan 2017

Responsible for performing business planning and analysis tasks, such as forecasting of marketing expenses, reporting of actuals revenue and cost, variance analysis and reporting, customer service with focus on handling inquiries on budget management of various marketing units, issue resolution with root cause analysis and action planning, duty managership responsible for checking daily deliverables are completed timely and with quality and leading process improvement initiatives within the Business Planning and Analysis department of a $115B/large-sized organization in the FMCG/manufacturing industry.

Achievement:

Successfully developed and implemented actuals reporting check point via monitoring calculator that proactively checked periodic completion of automated process vs expected completion time. This tool has resulted in process efficiency preventing bugs and failure of processes in the background and significant time savings of 30 hours per month.

Diaz Murillo Dalupan & Co, CPAs

Audit Associate Nov 2012 – Sep 2013

Responsible for performing auditing tasks, such as ensuring compliance of clients’ financial statements with statutory requirements and accounting standards (IFRS and SOX), tax proofing and making sure that tax withholding is accurate and timely submitted to authorities, audit fieldwork of gathering information to support audit reports and recommendations for gaps on internal policies, and preparing and finalizing audit working papers within the Auditing department of a medium-sized organization in the auditing and financial advisory industry.

Achievement:

Successfully created an excel-based working paper with pivots and v-lookups to automate flow of data from working papers to draft financial statements (Balance Sheet, Income Statement and Cash Flows). This tool resulted to significant time savings of 15 hours per month.

EDUCATION

Certified Public Accountant October 2012

Palawan State University Puerto Princesa City, Palawan, Philippines

Bachelor of Science in Accountancy 2008 - 2012

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