Summary
Overview
Work History
Education
Skills
References
Timeline
Generic
SAMANTHA GAIL CHEW

SAMANTHA GAIL CHEW

Mandaluyong

Summary

With over 17 years of experience in finance and 11 years as a Finance and Accounting Manager, I specialize in delivering measurable financial outcomes across diverse industries, including leadership roles in a $1B unicorn startup. I have successfully executed budget forecasts exceeding $50M, developed financial models that improved efficiency by 30%, and spearheaded procurement and inventory management strategies that reduced costs by 15%. My strategic insight and commitment to financial excellence consistently drive profitability and strengthen organizational growth.

Overview

17
17
years of professional experience

Work History

Finance and Accounting Manager

Farm to Mayani Inc.
11.2023 - Current
  • Designed and conducted training and development programs aligned with KRA/KPI, including comprehensive discussions on tax issuances from the Bureau of Internal Revenue (BIR)
  • Transitioned accounting processes from external providers to in-house transaction management using Xero, achieving improved efficiency and accuracy
  • Established and enforced departmental policies and procedures, ensuring alignment with organizational goals and compliance standards
  • Conducted inventory audits and computed accurate Cost of Goods Sold (COGS), enabling management to correct pricing strategies and achieve key profitability metrics: Gross Profit (GP) at 40%, Contribution Margin 1 (CM1) at 38%, and Contribution Margin 2 (CM2) at 18%
  • Audited and ensured compliance with monthly, quarterly, and annual reportorial requirements for regulatory agencies, including BIR, SSS, PhilHealth, and HDMF
  • Developed a 5-year hypergrowth financial model, projecting a compound annual growth rate (CAGR) of 82.5%, with Year 1 sales at $156M and Year 5 sales at $1.7B, targeting the horticulture and aqua fisheries industries
  • Prepared financial models for venture capital investor presentations, driving strategic funding initiatives
  • Delivered monthly and annual financial reports, providing actionable insights to leadership
  • Developed and managed budget forecasts for both current and long-term projections, supporting strategic decision-making
  • Analyzed and computed direct labor, raw material costs, and other related manufacturing expenses to optimize production efficiency
  • Established inventory valuation processes, conducted cycle counts, and performed variance analysis to minimize discrepancies
  • Managed the credit and collection department, ensuring timely collections and maintaining strong cash flow
  • Monitored the company's investment cap table, ensuring accurate tracking of shareholder equity and financial positions
  • Assisted Admin and HR in functions such as supplier accreditation, P2P process mapping, inventory par stock preparation, and PO automation via Xero
  • Supported operations in inventory management, ensuring smooth supply chain processes and cost efficiency

Finance and Accounting Manager/Inventory and Procurement Head

Mad Food Concepts Inc.
03.2022 - 10.2023
  • Managed squad roles, ensuring cross-functional alignment and efficient collaboration
  • Developed financial models for VC investor presentations, showcasing growth potential and operational efficiency
  • Prepared and presented monthly and annual financial reports, providing key insights to stakeholders
  • Collaborated with management to design and execute a hypergrowth strategy, aligning resources with company goals
  • Prepared budget forecasts and long-term cash flow projections, successfully extending a 2-month cash flow reserve to sustain operations for one year, enabling management to recalibrate and implement strategic initiatives
  • Established and enforced company policies and regulations for finance, accounting, procurement, and inventory, ensuring compliance and operational consistency
  • Transitioned accounting processes from external providers to in-house systems using Xero, improving efficiency and data accuracy
  • Audited monthly, quarterly, and annual reportorial requirements for BIR, SSS, PhilHealth, and HDMF, ensuring timely and accurate submissions
  • Initiated recipe card formulation to calculate Cost of Goods Sold (COGS) based on actual consumption, releasing COGS reports that incorporated theoretical values (actual use per recipe card) and actual values (inventory-based usage)
  • This enabled detailed spoilage analysis, reducing spoilage from 7% to 3%
  • Negotiated and converted COD terms to 60-day credit terms for major raw materials such as coffee and milk, significantly improving cash flow
  • Additionally, secured raw material price locks, ensuring cost stability in a volatile market
  • Analyzed cost of sales, comparing theoretical and actual values to identify discrepancies and improve inventory efficiency
  • Prepared construction budget reports to support operational expansion and capital expenditure planning
  • Conducted supplier accreditation, developed inventory par stock working papers, and analyzed stock level requirements based on sales targets and trends
  • Led inventory management analysis using FIFO methodology, identifying fast- and slow-moving items, and setting critical level indicators for SKUs
  • Assisted operations in construction requirements, from budget report presentations and purchasing to actual procurement and project execution
  • November 2023 to February 2024 (Consultant)

Finance and Accounting Manager

Pridez Foods Services Inc.
02.2020 - 03.2022
  • Handled tax cases with Local Government Units and the Bureau of Internal Revenue (BIR), including a ₱1.2 billion tax case filed against the company
  • Played a key role in direct negotiations with the BIR National Head Office, contributing to compliance strategies and dispute resolution
  • Established and prepared Profit and Loss (P&L) statements for the years 2000 to 2020, ensuring accurate financial documentation and historical analysis
  • Managed Accounts Receivable Reports from third-party logistics providers, ensuring timely collections and effective reconciliation
  • Managed Dunkin' Donuts branches in Makati and Pasay, strategically closing all stores except for 5 during the 2-month hard lockdown to avoid cash flow losses, while reporting daily micro P&L reports to management
  • This approach saved funds, enabling the opening of a new store in Pasay
  • As the world began to reopen post-COVID, initiated a slow and controlled reopening of the remaining stores, effectively avoiding negative cash flow impacts while competitors in the industry were closing their businesses
  • Prepared and delivered monthly and annual financial reports, providing leadership with actionable insights for decision-making
  • Collaborated with management to develop and execute a hypergrowth strategy, aligning financial planning with expansion goals
  • Created budget forecasts and long-term cash flow projections, supporting strategic planning and ensuring business continuity
  • Audited monthly, quarterly, and annual reportorial requirements for BIR, SSS, PhilHealth, and HDMF, ensuring compliance and accuracy
  • Established company policies and regulations for finance and accounting, driving standardization and operational efficiency
  • Assisted operations with new store openings, providing financial guidance, budget allocation, and process support to ensure successful launches

Finance and Accounting Manager

FG Wilson Philippines
01.2017 - 01.2020
  • Established, documented, implemented, and maintained the Quality Management System (QMS) based on ISO 9001:2015 standards, ensuring company compliance and operational efficiency
  • Conducted due diligence to ensure overall compliance with government-mandated regulations, rulings, and procedures, minimizing risk and ensuring legal alignment
  • Implemented SAP Business One Module, streamlining business processes and improving system integration across the organization
  • Conducted credit investigations, performed financial analyses, and approved credit line applications, ensuring prudent credit management and financial stability
  • Reviewed, edited, and aligned systems, processes, and procedures, driving performance improvements and operational optimization
  • Assisted top and middle management in the development and revisions of the IMS Manual, ensuring the effective implementation of the Integrated Management System (IMS) through continuous monitoring of policies and procedures
  • Provided monthly, quarterly, and annual financial reports, including annual budget requirements, monthly financial reviews, and detailed financial analysis to support management decision-making
  • Settled tax cases for the company from 2013 to 2017 by preparing working papers and providing all required documentation, ensuring compliance and timely resolution
  • Audited BIR reportorial requirements, ensuring accuracy and compliance of all submitted data
  • Implemented the use of Corporate Cards, reducing Accounts Payable transactions and ensuring the timely payment of monthly recurring expenses, improving cash flow management

Accounting Manager

Abenson Group of Companies
05.2015 - 08.2015
  • Manages accounts payable for Abenson’s investment companies, including Waltermart Tagaytay, Ascott Hotel, Citadines Hotel at Bonifacio Global City, and franchise restaurants (Max’s and Pancake House), ensuring accurate and timely payments to vendors
  • Oversees accounts payable in the construction of Citadines Hotel and The Bay Mall, managing financial transactions to ensure smooth project execution
  • Conceptualizes and develops policies and procedures in collaboration with middle management, driving improvements in project management and the efficient handling of construction projects
  • Assists in the preparation of monthly financial reports, providing detailed financial analysis to support business decision-making and project tracking

Finance and Accounting Manager

Asian Technology Computer Corporation
10.2013 - 04.2015
  • Manages the Finance and Accounting Department for 5 companies, overseeing financial operations, reporting, and strategic planning
  • Manages the Credit and Collection Department for 5 companies, ensuring efficient cash flow management and minimizing outstanding receivables
  • Directly reports to the CEO, providing monthly financial reports and in-depth financial analysis to support executive decision-making
  • Works with auditors and lawyers for legal concerns, including settling tax cases, collaborating with top tax lawyers, which deepened my expertise in tax law, particularly during the negotiation phase of tax settlements
  • Prepares year-end reports required by the Bureau of Internal Revenue (BIR), ensuring compliance and accuracy
  • Actively participates in product costing and marketing strategies, contributing to pricing decisions and profitability
  • Reviews, recommends, and finalizes procedures, driving improvements in financial and operational processes

Accounting Specialist

Wells Fargo Philippines Solutions, Inc.
03.2013 - 10.2013
  • Processes local and international payables, working closely with the Supply Chain Department to ensure timely and accurate payments
  • Monitors cash position, advances, and receivables, providing monthly expense forecasts to the Management Accountant for financial planning and decision-making
  • Prepares journal entries and performs bank reconciliations using Oracle, ensuring accurate financial records and cash flow management
  • Implemented Epay and P2P (Procurement to Pay) systems, streamlining the payment process and enhancing procurement efficiency

Area Accountant

Planet Tom, Inc. (Toms World)
10.2007 - 06.2012
  • Handles and manages 5 of the largest Toms World branches in the Philippines, including their satellite branches, ensuring smooth financial operations across multiple locations
  • Processes disbursements, conducts bank reconciliations, prepares monthly BIR filings, monthly financial reports, and provides in-depth financial analysis, including payroll management and machine inventory audits
  • Provides financial analysis and actionable recommendations to improve business performance and operational efficiency
  • Prepares monthly and annual financial reports, ensuring accuracy and timely submission for management review
  • Manages the processing of yearly business permits and licenses, ensuring legal compliance and the timely renewal of operational certifications
  • Involved in construction accounting, overseeing the financial aspects of construction projects, including cost tracking, project budgeting, and financial reporting to ensure project profitability and compliance

Education

Master - Business Administration

De La Salle Araneta University
01.2017

Bachelor of Science - Business Administration major in Management Accounting

National College of Business and Arts
01.2007

Skills

  • Finance and Accounting Manager of Farm to Mayani Inc
  • Finance and Accounting Manager of Mad Food Concepts Inc (Dot Coffee)
  • Finance and Accounting Manager of Pridez Food Services Inc (Dunkin Donuts)
  • Finance and Accounting Manager of FG Wilson Philippines (ISO 9001:2015)
  • Finance and Accounting Manager of Abenson Group of Companies
  • Finance and Accounting Manager of Asian Technology Computer Corporation
  • Accounting Specialist at Wells Fargo Philippines Solutions, Inc
  • 5-year experience in Area Accountant including Construction Accounting with Planet Tom, Inc handling Toms World North Division

References

Available upon request

Timeline

Finance and Accounting Manager

Farm to Mayani Inc.
11.2023 - Current

Finance and Accounting Manager/Inventory and Procurement Head

Mad Food Concepts Inc.
03.2022 - 10.2023

Finance and Accounting Manager

Pridez Foods Services Inc.
02.2020 - 03.2022

Finance and Accounting Manager

FG Wilson Philippines
01.2017 - 01.2020

Accounting Manager

Abenson Group of Companies
05.2015 - 08.2015

Finance and Accounting Manager

Asian Technology Computer Corporation
10.2013 - 04.2015

Accounting Specialist

Wells Fargo Philippines Solutions, Inc.
03.2013 - 10.2013

Area Accountant

Planet Tom, Inc. (Toms World)
10.2007 - 06.2012

Bachelor of Science - Business Administration major in Management Accounting

National College of Business and Arts

Master - Business Administration

De La Salle Araneta University
SAMANTHA GAIL CHEW