MICHAEL P. PETRASANTA, CPA
Manager – Airline Ancillaries
Dana Executive Studios, San Antonio Village
Makati City, Philippines
Mobile: -
E-mail:-
Summary of
Qualifications
Michael P. Petrasanta graduated with a degree in Bachelor of Science in
Accountancy in 2010 and a degree in Bachelor of Science in Commerce
Major in Management Accounting in 2008, both at the Ateneo de Davao
University.
He is resourceful in the completion of projects, effective at multi-tasking,
flexible and responds well in fast-paced, high-pressured environment.
He has gained comprehensive knowledge on various sets of reporting
standards due to the diverse reporting requirements of his accounts
during his over six years of experience in statutory engagements.
He has over three years of knowledge in the airline industry mainly
focusing on the commercials (revenue-generating) side of the business.
This includes revenue forecasting, financial planning and analysis, cost
reviews, and product development.
Professional
Experience
CEBU AIR, INC.
Domestic Road, 1301 Pasay City, Philippines
Manager – Airline Ancillaries (October 2019 to Present)
• Achieve Airline targets with regards to ancillary revenues, working with
providers and commercial departments to continually improve products
and distribution channels
• Contribute to the commercial strategy to support the airlines goals,
demonstrating leadership through the development and implementation
of new initiatives
• Work proactively with all necessary departments to ensure ancillary
revenue services are optimized in terms of distribution, customer
experience and correctly-priced at all times
• Ensure policies relating to ancillary revenue product are defined,
documented, communicated and accepted internally and externally
(across the airlines’ airports)
• Provide regular reports on ancillary revenue achievements providing
senior management with insight into products, channels, route level
analysis and recommending actions for improvements
Finance Business Manager (October 2017 to October 2019)
• Providing comprehensive finance support to the Commercial Group
(Commercial Planning, Cargo, Marketing and Distribution, Loyalty and
Corporate Affairs)
• Assisting department heads in financial budgeting, forecasting and
reporting
• Producing insightful reports for presentation to senior management
• Acting as intermediary to the broader Finance/Accounting group to
ensure financial impacts of projects or changes are accurately reflected
• Identifying, assessing and driving commercial/financial opportunities
and projects across the Commercial Group
• Conducting contract reviews and participate in contract negotiations on
key commercial terms prior to execution
• Leading monthly cost reviews of the Commercial Group
SYCIP GORRES VELAYO & Co. (A member practice firm of Ernst &
Young Global Limited) – Makati Office
Financial Assurance Services Division
6760 Ayala Avenue, 1226 Makati City, Philippines
Manager Level 2: Director (June 2017 to September 2017)
Manager Level 1: Associate Director (July 2015 to June 2017)
Senior Associate (August 2012 to July 2015)
Associate (November 2010 to August 2012)
• Facilitated the team's setting of goals, objectives, and strategies to
meet the client's needs and to meet the overall timetable, while
maintaining audit quality
• Managed relationships with the client's key decision makers and
board/audit committee members to promote their confidence in our
services and to determine that those services are focused on their
needs
• Facilitated discussion of issues and points for improvement with clients
• Created quality deliverables such as client correspondence, reports and
other pertinent document that details the engagement procedures
performed; prepared technical consultation memoranda and
management letters
• Performed detailed review of clients’ internal control procedures,
business processes and audited financial statements
• Performed analytical review of the client’s operations, including
understanding of client’s business and industry and critical business
processes
• Supervised the completion of multiple audit and review engagements of
multi-national and local companies in various industries
Industry
Exposure
• Aviation
• Agricultural business
• Manufacturing
• Real estate
• Entertainment and advertising
• Shipping and logistics
• Business process outsourcing
Professional
Affiliation
Philippine Institute of Certified Public Accountants
• Member (2010 to Present)
• Director for Public Practice (2015)
Personal
Particulars and
Preferences
Date of Birth
Nationality
Languages
Civil Status
:
:
:
:
September 3, 1987
Filipino
English, Tagalog, Visayan/Cebuano
Single
