ARMINIA BORBE VASQUEZ, CPA
San Lorenzo South, Sta. Rosa, Laguna
Mobile Phone No-
Email Address:-
CAREER HIGHLIGHTS:
Over eighteen (18) years of working experience both from multinational and local
companies, ten (10) years as Financial Analyst.
Varied exposure in financial planning and analysis, cost accounting and general accounting.
Adept in creating variety of useful financial reports for top management.
Ability to design and implement accounting policies and controls for start-up companies.
With extensive exposure in company-wide cost reduction initiatives and programs.
Ability to team up with executives for top-management reports and financial presentations.
Proficient in Microsoft Office. With background in JDE, QAD and Oracle accounting
systems.
Analytical and a fast learner in different fields of accounting.
Independent, dependable, hardworking, responsible and a team player.
CAREER CHRONOLOGY:
DECA TECHNOLOGIES INC.
Senior Accountant
Aug. 2014 to Present
General Accounting - Responsible for making accurate books of accounts and timely
financial close.
Leads the team during monthly financial close, analyzing reasonableness of each spending
item and recommending adjustments to make sure all period costs are recorded on time.
-Ensures completeness of balance sheet reconciliations and schedules.
-Works with auditors during financials audits, providing various schedules and analyses.
- Prepares close package for monthly controllers’ meeting.
Forecasting & Financial Analysis –
- Works with various departments for the Profit & Loss forecasts (Annual (AOP) / Quarterly
(BOQ) /Monthly (EOQ).
-Provides detailed analyses of spending variances vs. plans and historical costs.
Reports for Top Executives – Prepares financial presentations for the quarterly operations
review with the CEO.
Funds Management – Monitors company resources and manages funding requirements.
Ensures sufficiency of funds for weekly operating costs, suppliers’ payments and statutory
requirements.
-Provides Deca’s quarterly projections of cash requirements, for board approval.
Statutory – Takes care of filing of periodic tax returns. Oversees on time submission of tax
requirements as well as government mandated contributions.
-Assists in providing documentation requirements and reports for tax audits.
FIRST PHILEC NEXOLON CORP. / FIRST PHILEC SOLAR CORP.
Senior Financial Analyst / Legal Team
Apr. 2011 to July 2014
Budget & Forecasting – Collaborates with various departments for the Annual Budget and
Multi-Year Plan preparation.
Consolidates inputs for the company’s over-all budget,
analyzes trends and prepares budget templates. Teams up with Finance Manager and
CFO for various budget presentations for Top Executives.
Financial Analysis – Provides meaningful analytical reports and commentary/explanations
to management on actual financial results versus plans. Helps in identifying and measuring
key drivers for deviations. Provides weekly departmental spending reports and conducts
meetings/reviews with owners as deemed necessary.
Cost Model – Updates Financial Model and Cost Model based on latest business inputs
and developments. Simulation of costs based various business scenarios.
General Accounting – Responsible for booking all accounting entries and adjustments,
reconciliation of accounts, maintenance of subsidiary ledgers and account schedules.
Prepares Monthly Performance Reports and Periodic Financial Statements.
Fixed Assets Management – Handles the tasks of updating and ensuring accurate
registration of fixed assets, including progress monitoring for capital projects in process for a
start-up company.
Provides periodic roll forwards, reconciliations and PPE reports.
Ensures that all purchases are within budget and appropriate, by monitoring requisitions.
Provides financial inputs for capital project evaluation.
Internal Control – Establishes internal controls, policies and procedures for a start-up
company.
Legal - Provides documentation and financial/legal requirements for First Philec Nexolon
Corp. arbitration.
Payroll – Teams up with HR Department to ensure that payroll, taxes and entries are
accurate. Monitors employee advances and deductions.
ADVANTEK INC.
Senior Associate for Finance
Apr. 2010 to April 2011
Consolidation – Consolidates Financial Statements and metrics for all business sites.
Analyzes operating expenses and accounts for variances.
Budget & Forecast – Works with all cost centers for the annual plan. Consolidates and
reviews annual plan for Advantek Headquarters. Conducts monthly meeting with country
controllers for financial results and variances.
Product Costing – Provides historical data and product cost to Sales dept. for customer
pricing analysis and opportunity assessment. Calculates costing for new products.
Supports cost accounting group in standard cost calculation and roll up. Provides monthly
update of sales and profitability metrics / indices.
SUNPOWER PHILIPPINES MANUFACTURING LTD.
Staff Financial Planner & Analyst
June 2008 to March 2010
Financial Planner & Analyst
June 2006 to May 2008
Budget & Forecasting – Coordinates with departments for the preparation of multiyear/annual/quarterly budgets (AOP/BOQ/EOQ), and carry out systems and controls for the
achievement of corporate financial plans. Updates end-of-quarter forecasts based on latest
business events. Ensures SOX compliance of financial plans, reports and budget control.
Financial Analysis – Submits weekly financials updates, providing trends, and analysis of
deviations and variances. Releases a detailed analysis of expenses per cost center and
works with departments to meet spending targets. Updates factory operations metrics and
indices. Provides financial analysis for capital project evaluations.
Cost Reduction – Works with SPC teams for company-wide cost reduction programs and
the achievement of long-term cost roadmap, by providing financial inputs and determining
priority projects.
Product Costing – Calculates standard costs for inventory and reviews systems update by
the cost accounting group. Monitors silicon supply and sale, performs calculation of periodic
inventory revaluation and bridge analysis. Quarterly update of cost data for the Levelized
Cost of Energy (LCOE) Product Roadmap.
Reviews cost model updates and
reports/analyzes variances vs. actual usage of materials.
PANASONIC MOBILE COMMUNICATIONS CORP. OF THE PHILIPPINES
Sr. Accounting Supervisor
Sept. 2005 to June 2006
Accounting Supervisor
June 2002 to August 2005
Job Summary: Responsible for the whole operation of the Production Accounting and assures
that related activities are effectively carried out.
Prepares annual business plan and monthly forecasts and analyzes variances of actual
results of operations as against plans/forecasts.
Responsible for any related financial reports deemed necessary by top/division
management for decision making; verifies and analyzes those reports and provides financial
advice.
Assures that any financial issues / control system pertaining to the manufacturing
department’s operations are properly handled and taken cared of.
Assures/checks validity of disbursements and the propriety of the recorded transactions
both for real and nominal accounts.
Plans activities and control procedures. Attends / initiates meetings to settle any financial or
control issues.
Reports to Section Manager / Accounting Manager / Japanese Adviser.
Analyzes monthly raw materials used as against standards and the resulting variances.
Supervises, controls and directs subordinates of the Accounting Section being handled.
MANILA CORDAGE COMPANY
General / Cost Accountant
June 1997 to May 2002
Job Summary: Responsible for the effective operation and performance of corporate cost
accounting in terms of record management, budgeting, product costing, and financial reporting.
Ascertains that proper matching of costs against revenues is applied, all transactions are
recorded in conformity with Generally Accepted Accounting Principles and policies and
procedures are properly implemented.
Reviews the works of subordinates for correctness and effectiveness, and checks accuracy
of data inputs to the system.
Reviews the job description of subordinates as necessary to make the job responsive to the
needs of the department.
Ensures accounting entries are properly supported by authentic and duly approved
documents, technically and arithmetically correct.
Checks the status of costing works and directs facilitation efforts of complete works on time.
Checks reliability of cost accounting records and sees to it that adequate records are
maintained, updated and accurate.
Establishes and examines internal control procedures.
Establishes product standard costing.
Prepares annual budgets of the company.
Supervises the preparation of management reports and sees to it that they are submitted on
time.
Verifies the integrity and reliability of cost accounting information.
Supports the Vice President – Controller in interpreting results of operations by providing
various analysis of transactions.
Presents to key officers the analysis of labor and overhead.
Makes feasibility studies for capital projects.
Reviews financial statements.
Supports accounting manager in setting accounting policies and procedures.
AUTOMATIC APPLIANCES, INC.
Internal Auditor
September 1996 to May 1997
PERSONAL INFORMATION
Address
Birth date
Status
Nationality
:
:
:
:
Blk. 20 Lot 1 Phase 1A San Lorenzo South, Sta. Rosa Laguna
January 15, 1975
Married
Filipino
EXAMINATIONS TAKEN
Certified Public Accountant Licensure Examination – May 1996
National College Entrance Examination – Nov. 1991 – 98+%
- 83.43%
EDUCATIONAL BACKGROUND
Tertiary Education
: National College of Business & Arts
Academic Scholarship & Gold Medal Awardee
Secondary Education : National College of Business & Arts
NCEE Batch Topnotcher
Primary Education
: Taytay Elementary School
(Personal references will be provided upon request)
