JOHN PAUL Q. VERGABERA, CPA
F I N A N C E A N D A D M I N I S T R A T I O N H E A D
+63-917-***-**** ***********@*****.***
Monticello Villas Subdivision, Pavia, Iloilo
SUMMARY
A Finance Manager with over 20 years of experience, proficient in budgeting and forecasting, credit controlling, financial analysis and reporting, inventory management, and team management. Previous roles include working as Finance Head for a car dealership and an events management & staging services companies, PEZA & Tax Compliance Officer for a BPO company, and as Sales Office Operations Manager at Pepsi Cola Products Philippines, Inc. STRENGTHS
• Credit Control Expert
Reduced 25% A/R balance, A/R
days by 20% or 10 days through
strategic programs and
implementation of WBCS.
Attainment of 95% or higher YTD
collection efficiency.
• Team Management
Led a team of 10 finance
professionals.
• Financial Analysis
Proposed assignment of bulk
water contracts (approved for
partial implementation) resulting to
11% reduction in purchased water.
KEY SKILLS
• Credit Control
• Financial Reporting
• Inventory Management
• Financial Analysis
• Team Management
• Budgeting and Forecasting
• SAP P2P
• Microsoft Excel
AWARD
• Innovation of the Year -
Philippines Award for
Transforming Customer
Experience through
Digitalization of Metro
Pacific Iloilo Water’s Billing
and Collection System at
the Asian Water Awards
2024.
EXPERIENCE
Finance & Administration Head
Metro Pacific Iloilo Water, Inc.
July 2019 to Present
• Implemented a new web-based billing and collection system resulting in a 25% (Php22Mn) reduction in accounts receivable, and 20% (10 days) reduction in A/R days.
• Implemented strategic collection programs including digitization shifting the 80:20 onsite to offsite ratio of collection transactions to 20:80 resolving the customer complaints and long queues.
• Attainment of 95% or higher YTD collection efficiency since pandemic.
• Organized the Procurement Working Group in-charge of competitive bidding instrumental in procuring Php401Mn worth of CAPEX projects from 2020 to 2023.
• Initiated Knowledge Management initiatives across Finance & Administration resulting to 90% documentation and improvement of policies and procedures.
• Co-authored the shift of straight-line to units-of-production method of amortization for proper matching of revenue and expense resulting to Php40Mn reduction in amortization expense of 2021. Finance & Administration Manager
Honda Cars Cebu, Inc. (Iloilo Branch)
February 2013 to July 2019
• Managed month-end processing resulting in timely and accurate financial reporting.
• Developed and maintained finance reports resulting in improved financial analysis.
• Implemented standardization of chattel fees, and motor vehicle registration (LTO) fees resulting to 12% increase in other income.
• Implemented stringent monitoring of freebies (tint, accessories, etc.) resulting to 10% reduction in other cost of sales.
• Negotiated free AOG with partner insurance company resulting to 15% increase in insurance sales YOY.
AVP – Support Group (Finance & Logistics Head)
Script2010, Inc. (GMA7 Subsidiary)
May 2012 to January 2013
• Implemented A/R recovery programs resulting to 54% collection of past due accounts.
• Implemented the use of engagement letter and/or contract for services provided to external clients.
• Implemented inventory system resulting to zero or minimal stock outs. PEZA & Tax Compliance Officer
Telephilippines, Incorporated
April 2011 to April 2012
• Reviewed income tax holiday entitlement of Teleperformance resulting to Php12.9Mn savings in income tax payments.
• Drafted Fixed Asset Management, and Physical Inventory Count Policy & Procedures implemented.
• Processed business and facility permits of Teleperformance in Cebu. Sales Office Operations Manager (October 2007 – April 2011) Settlement and Credit Manager (November 2005 – September 2007) Financial Analyst (February 2004 – October 2005)
Pepsi Cola Products Philippines, Inc.
• Implemented ASDOS+ Business Process in 10 sales offices
(warehouses) under Iloilo Plant.
• Implemented improvements in control procedures resulting to Satisfactory High Audit Rating in Plant Operations of 2006 Internal Audit
• Implemented Annual Credit Review of Plant Trade and Non-Trade Receivables resulting to sanitized receivable balances and good customer relations.
• In-charge of annual operating plans (budget).
KEY ACHIEVEMENTS
• Streamlining Billing and
Collection Process
Implemented an automated billing
and collection system (major
undertaking of JVA), resulting in
100% reduction in manual
encoding.
• Pro-Customer Programs
Managed to implement collection
programs shifting the 80:20 onsite
to offsite collection transactions to
20:80 resolving the customer
complaints and long queues.
• CAPEX Procurement
Organized the PWG instrumental
in procuring Php401Mn CAPEX
projects.
EDUCATION
Master of Management Business Management
University of the Philippines in the Visayas
May 2018
Bachelor of Science in Accountancy
University of the Philippines in the Visayas
April 2003