MARY PAOLA IGNACIO, CPA

Work History

Froneri Philippines, Inc.

10.2021 - 11.2024

Responsible for Trade Spend Assessments ( Pre and Post Evaluation)
Performs month end close and journals for Trade Spend with monthly monitoring vs budget
Ensure and implement accurate or reasonable allocation of costs on customers and brands
Review and validation of credit memos relative to sales overriders before processing in the system
Analysis of overriders, actual vs budget vs last year, including tracking of actual spend vs accrual in the system
Support external and internal audits relative to Trade Spend
Provide sales performance per Distributor, Customer, Channel and per category to Leadership Team on a weekly and monthly basis
Ensures that internal controls are implemented as prescribed in the Finance Manual and other policies of the company
Prepares monthly reports and Balance Sheets reconciliations related to Trade Spend
Prepares weekly Dispute report and review of customer deductions if valid based on Trading Terms agreement; if not subject for addback
Modern Trade and Distributors bad goods validation and prepares report and CMRF for processing
Quarterly validation of Sales Incentives and Monthly validation of Customer' incentives

Coca-Cola Beverages Phil. Inc

04.2018 - 09.2021

Coca-Cola Bottlers Philippines Inc.

12.2012 - 12.2013

Perform inventory analysis and management to avoid low stock and overstock
Analyze root causes of inventory issues and provide resolutions
Develop process improvements to achieve company inventory goals
Develop initiatives to reduce slow moving inventories and to improve inventory turns
Generate and maintain monthly reports on inventory levels
Daily posting of all deductions from inventory (Bad Orders, Condemnable, Drinkages, Breakages) to ensure updated inventory balance and avoid inventory differences
Analyze the cost and expense relating to inventory
Maintain a record of all transfers and disposal
Implements and follow a control system to reduce damage, breakage and inventory obsolescence
Conducts cycle count and if needed monthly inventory count as required by the company policy
Performs reconciliation for a complete and accurate count
Preparation and uploading of JV for month end (provisions, reversal and accrual entries relating to inventory)

Coca-Cola FEMSA Philippines

03.2014 - 04.2018

Prepare, review and distribute monthly financial reports to Central Luzon Region cost/profit centers
Track expenses and revenues vs
Budget and re forecast and analyze fluctuations
Evaluate profit and cost efficiency in various areas of the organization as
Provides information to management by assembling and summarizing data; preparing reports; making presentations of findings, analyses, and recommendations
Improves financial status by analyzing results and variances; identifying trends; recommending actions

ALC Group of companies

07.2010 - 08.2012

Handles audit of petty cash replenishments, claims and branch replenishments
Able to do internal audit for a non life insurance, health care, security services and media company
Familiar with the use of oracle and SAP accounting system
Conducts review and examination of company records as scheduled or instructed
Conducts validation of company’s bank transactions and bank reconciliation
Performs physical inventory of company assets as scheduled or instructed
Conducts branch audit as instructed
Ensures punctuality in submission of audit reports
Handles pre audit of daily transactions of different nature of businesses such as non-life insurance, Health Maintenance Organization, security services and media
Performs other duties as maybe assigned by the superiors

Sony

12.2009 - 02.2010

Performs the day to day processing of accounts payable transactions
Reviews invoices for payment and make the necessary entry in the system
Process check requests and prepares accounts payable checks, wire transfers and payments
Reconciliation of payments and resolves any discrepancies
Monitors accounts to ensure payments are up to date
Produces monthly accounts payable status reports and assist in month end closing