Adaptable and Hands-on Controller
Resume:
MIGUEL Q. SAMILLANO
Moreno Valley, California 92555
***********@*****.*** • 951-***-****
Adaptable and hands-on Controller who has been successful at building and leading high performance finance organization of large multinational companies and conglomerates engaged in manufacturing & production, media & entertainment, distribution, and healthcare. Results-driven and team-oriented leader whose accomplishments reflect superior business acumen, financial development skills, and a demonstrated commitment to organizational growth. Expert in analyzing operations, designing and implementing effective financial systems, strategies, and processes to enhance organizational performance and profitability. Core competencies include:
• Strategic & Operational Business Planning
• US GAAP & ISO-9000 Compliance, SEC Reporting, and Banking Relations
• Mergers, Acquisitions & Corporate Integrations
• Financial Modeling/Planning, Risk Management, and Auditing
• Revenue/Profit Optimization & Tax Planning
PROFESSIONAL EXPERIENCE
CENTRAL OCCUPATIONAL MEDICINE PROVIDERS (COMP), Riverside, California
A leading medical provider network with 8 facilities throughout Inland Empire, Los Angeles and Orange Counties, that offers comprehensive occupational medicine healthcare to several Fortune 500 companies.
Controller
2004 to Present
• Overhauled internal accounting control and management reporting systems of the
company, and implemented the automation of the financial transactions that resulted to
timely month-end close and submission of financial reports to management.
• Designed and integrated the company’s financial policies and procedures, and monitor its
implementation and compliance.
• Negotiated about $1 million new bank financing credit facility and paid-off a high
interest paying commercial loan that resulted to considerable savings.
• Succeeded in maintaining positive cash flow by improving collection effort and proper
scheduling of payments to vendors and other creditors. Reduced write-off of trade
receivables from 25% to 12% of gross sales through rebilling and steadfast follow-ups.
• Initiated and implemented cost reduction program that saves the company about $1.8
million annually.
VIVA ENTERTAINMENT, INC., Pasig City, Metro Manila, Philippines
The largest entertainment company in the country that engaged in film production, local and foreign film distribution, video duplication and retail, video rental, music recording and publishing, concert production, theater management, cable and television broadcasting. The consolidated gross revenue is about $600 million annually.
Corporate Controller
1997 to 2004
• Managed the day-to-day operations of the finance and accounting functions, with direct accountability for budgeting, forecasting, treasury, internal controls, payroll, management information system, operational planning, purchasing, warehousing, payables and receivables, and closing/reporting activities.
• Overhauled and installed accounting control systems in preparation for the full automation of the Group’s financial information, which enhanced the timely submission of the monthly financial reports to management, investors, banks, and government agencies.
• Reviewed and updated existing financial policies and procedures, and prepared integrated policy manual, which is currently being used by the whole Viva Entertainment Group.
• Secured funding of $3 million for the expansion of video rental business, returning the initial investment in 16 months and generating additional $20 million in annual sales.
• Negotiated with vendors for better prices, longer credit terms, and higher credit limits, which resulted to savings of about $1,000,000 per year.
• Handled the tax planning and other tax-related transactions of the Group with the Bureau of Internal Revenue. Annual tax savings amounted to about $1.5 million.
• Initiated and managed the cost reduction program of the company, which resulted to cost savings of about $2,000,000 annually.
VITARICH CORPORATION, Bulacan, Philippines
Public company engaged in chicken production, meat processing, fast food services, and animal feeds manufacturing. The Company’s annual gross revenue was about $500 million.
Corporate Controller
1995 to 1997
• Set-up accounting systems of newly established subsidiaries including Texas Chicken Fast Food Chain (Franchise holder of Popeye’s and Church’s Fried Chicken).
• Implemented the automation of the accounting systems of the Company and all its subsidiaries.
• Installed standard costing systems for feed manufacturing and food processing divisions, and oversaw its implementation.
• Institutionalized company’s financial and operating policies. Periodically reviewed them and implemented the necessary enhancements.
FRANKLIN BAKER CO. OF THE PHILIPPINES/KRAFT FOOD INGREDIENTS
Davao del Sur, Philippines
A Philip Morris Company engaged in the manufacturing and exportation of desiccated coconut to the United States, Europe, and Middle East. The Company’ annual gross revenue was about $100 million.
Plant Controller
1993 to 1995
• Managed finance department that included cost and general accounting, payroll, warehousing, internal audit, and administration of the Plant.
• Periodically reviewed and improved the financial control systems over production, purchasing, warehousing, payroll, general and cost accounting in conformance with Philip Morris’ policies and ISO 9000 standards, which resulted to improved profitability and reduced waste.
• Actively involved in the preparation for the Plant’s ISO 9000 Certification. Led Finance Department in getting a zero non-conformance rating on the final assessment made by the Department of Trade and Industry representatives.
• Implemented cost control measures in the Plant, and instituted monitoring systems over production costs and operating expenses through weekly and monthly review of costs and operating performance of all departments against operating plan and budget, and through regular operations audit. Estimated savings of $1 million annually.
• Re-engineered the financial reporting system in the Plant, thus eliminated unnecessary paper works, irrelevant information, and extra manpower.
Early career includes a Controller/Internal Audit Manager position for 10 years with a Georgia Pacific company engaged in veneer & plywood manufacturing, lumber production, and logging from 1983 to 1993. Established the financial and operations audit department and responsible in setting-up accounting control systems for the company’s corporate integration. Also worked with PricewaterhouseCoopers for 4 years as Senior Auditor handling the accounts of multinational companies engaged in food manufacturing, pharmaceutical, entertainment, and distribution.
EDUCATION
Ateneo de Manila University
Graduate School of Business
Makati City, Philippines
Master in Business Administration (MBA)
Completed Academic Requirements
University of the East
Manila, Philippines
Bachelor of Science in Business Administration (BSBA)
Major in Accounting
Certified Public Accountant (CPA)
COMPUTER SKILLS
• Proficient in Microsoft Excel, Word, Power Point, Access, Peachtree, MAS 90/200,
QuickBooks, Exact Software, Baan, MFG/PRO, ACCPAC and other ERP/MRPII.
SALARY HISTORY
Date Basic Salary
February 2004 $5,000.00/month
January 2005 $5,500.00
January 2006 $6,000.00
January 2007 $7,000.00
January 2008 $8,000.00
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