Riesel Ann Evangelista, CPA

Experience

• 

  Punongbayan & Araullo

  Nov 2006 - Aug 2007

  Junior External Auditor

  •Conducted independent and professional evaluation of financial statements in conformity with the generally accepted accounting principles. Areas of assignment include audit and preparation of financial statements, general financial statements analysis, and preparation of income tax returns of various clients. Gained first-hand experience in the business process of property, media, and semi-conductor industries.

• 

  Colgate-Palmolive Philippines, Inc.

  Sept 2007 - now

  •In-charge of supporting the Oralcare, Haircare and Homecare categories to achieve the budgeted growth and profitability thru prompt communication of significant financial exceptions, gaps, and opportunities during the Commercial Meetings.•Overall responsible for controlling, monitoring, and reporting Advertising expenses to ensure compliance with the approved budget. Closely coordinates with the Sales and Marketing Departments and leads the Advertising Review with Management Team.•Responsible for issuing reports such as Brand P&Ls, KPI Trackers, Pricing charts, and Sales Growth Analyses to the Commercial team to show product performance and potential impact to margin and profit of new products and promotional activities.•Coordinates and assists in the preparation of annual budgets and periodic forecasts. On a monthly basis, investigates variances and provide analysis of differences.•Monitors the product displays and printed materials to ensure timely deployment and correct booking of items. Show less •Achieved the Inventory Days Coverage goal thru close coordination with the Commercial teams, issued the Inventory Coverage report, and facilitated the monthly inventory meeting to update inventory and sales projections, address stock and SKU issues, and ensure smooth SKU transitioning. •Succeeded in achieving the targeted % reduction of SKU count as a result of continuously reviewing the SKU portfolio, monitoring SKU transitioning, and alerting management of poor performance based on the SKU Ranking Report issued. Co-led the monthly SKU Rationalization meeting to focus on the reduction of low performing SKUs.•In-charge of analyzing the Product Cost changes and variances for P&L impact. Calculated product costs based on Supply Chain Inter-company Prices and updated the costs in SAP quarterly and during Budget & LE Reviews.•Nominated by CP Greater Asia Division as the Product Data Specialist for Philippines. Monitored SKU creation and product hierarchy set-up to ensure this is aligned with the Global MDM system.•Piloted the development and testing of SKU BI reports for Philippines. Led the development and implementation of a new SKU Creation Process to properly control and monitor the approval and creation of new SKUs.•Supervised the inventory counts of all warehouses to validate and ensure accuracy of SAP inventory.•Responsible for the efficient month-end closing of the books process including Inventory Reserve calculations, Price Variance analysis and reclassification, and Revaluation amortization.•Ensured timely and accurate completion of SOX Compliance Assessment and Testing for Inventory Cycle. Show less •Improved Net Working capital by achieving the targeted reduction of Accounts Receivable % to Net Sales and Days Sales Outstanding thru strong collection efforts and close coordination with Sales Team to settle customer issues.•Handled Direct and Indirect Trade accounts and maintained the current aging of trade receivables by regular communication with customers, clearing long outstanding invoices thru booking of payments, reconciling deductions, and facilitating meetings with customers to discuss issues and ensure compliance with CP policies.•Responsible for month-end closing tasks such as performing bank reconciliations, calculating Cash Discount Upgrade/ Downgrade, and booking CWT Certificates collected.•In-charge of maintaining Customer Masterdata which includes creation and set-up of new customers in SAP and performing credit investigations.•Participated in the annual review and SAP maintenance of Customer Credit Limits to reflect the level of credit risks based on the customers’ historical information.•Responsible for updating and maintaining current the Employees Receivable balances. Show less

  • Brand Accounting Specialist

    Jun 2012 - now

  • Operations-Finance Specialist

    Aug 2009 - May 2012

  • Area Credit Officer

    Sept 2007 - Jul 2009