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J O H N D E M S O N P A R U M O G , C M A , C P A
33rd floor, Grand Emerald Tower
Ortigas, Pasig City
Mobile No: 0917 890 7810
Email addresses:
parumogjd419@yahoo.com
JohnDemson.PARUMOG@loreal.com
CAREER OBJECTIVE:
To obtain a managerial role in a company where I can grow
professionally and where I can give significant contributions to.
PROFESSIONAL
QUALIFICATION:
 Member, Institute of Certified Management Accountant
 Member, Chartered Business Administrators –
Philippines
 Top 7, October 2007 CPA Board Examination
 Best P&G Distributor Finance Manager for the FY 2011-
2012
 Best P&G Distributor Finance Manager for the FY 2010-
2011
 Best Multi-Function Team Leader for the FY 2010-2011
WORK EXPERIENCE: Commercial Operations Manager
L’Oreal Philippines, Inc – Consumer division
January 2016 present
Commercial Finance Controller
L’Oreal Philippines, Inc – Consumer division
December 2014 to December 2015
Associate Finance Manager
Johnson and Johnson International Singapore ROHQ
July 2013 to November 2014
Controller
(of a group of companies), August 2011 to June 2013
Right Goods Philippines Incorporated
(P&G exclusive distributor)
Solutions Center, Incorporated
(Globe Telecom exclusive distributor)
Right Moves Philippines, Incorporated
(Columbia Candies exclusive distributor)
Finance Manager, December 2009 to August 2011
Right Goods Philippines Incorporated
Associate Auditor, November 2007 to November 2009
Sycip Gorres Velayo & Co. (Ernst & Young - Philippines)
Financial Assurance Services|Assurance & Advisory Business
Services
Job Responsibilities as Commercial Operations Manager
• Manages the budget of manpower agencies on salaries, commission, and other expenses
• Leads resolution of internal audit findings for Commercial/Sales team
• Liaise with the manpower agencies and suppliers to ensure commercial requirements are
met
• Participates in the selection of new suppliers, monitoring of KPI and contracts review and
negotiation
• Reviews computation of incentives/commission
• Manages a team of 4 that handles sales information and reporting, contracts archiving,
PO preparation, office and counter supplies management, and overall commercial
operations support
Job Responsibilities as Commercial Finance Controller
• Performs month-end closing of books for gross to net sales accounts and prepares
management reports and monthly submissions;
• Reviews and approves promo activities and customer allowances
• Participates in forecast reviews and performs net sales valuation of sales forecast
• Provides financial analysis, simulations to aid decision making
• Coordinates with Credit Team, Supply Chain, and Corporate Finance matters concerning
Commercial/Sales and has interactions with Marketing on matters concerning pricing,
promo activities
Job Responsibilities as Associate Finance Manager
• Review/compute all taxes – income tax, withholding tax, fringe benefits tax, and VAT;
• Deal with the bank on foreign currency purchases;
• Fixed asset accounting;
• Intercompany accounting;
• Handle accounts payable and accrued liabilities;
• Monitoring of advertising and promotions expense;
• Review monthly bank reconciliation;
• Handle accounting of equity accounts, all other income and expenses, and all other assets
and liabilities;
• Review quarterly and yearly financial reports submission to US/corporate headquarters
including US tax report requirements;
• Provide external and internal auditors, compliance group, and local tax authorities’ audit
requirements
• CAPEX and depreciation budgeting
• Currently handles Medical and Consumer sectors of J&J
Job Responsibilities as Controller (RGPI, SCI, RMI)
• Lead the finance and accounting departments of 3 affiliated companies (60 subordinates)
• Top line financial planning and review;
• Review financial analyses of the finance managers;
• Ensure compliance of statutory requirements;
• Quarterly financial reporting to the owners;
• Salary planning and retirement benefits computation;
• Evaluation and selection of new accounting software;
• Liaise with banks;
• Capability building;
• Final review of policies and significant business decision making; and
• Evaluation of new business prospects/ventures/opportunities of the owners
Job Responsibilities as Finance Manager (RGPI)
• Heads the Finance Department operations and functions;
• Reviews monthly financial statements and conducts financial reviews to the stakeholders;
• Reviews viability analysis on new projects and initiatives;
• Oversees fund/budget accounting and management;
• Oversees Accounts receivable and Accounts payable accounting;
• Reviews tax payable computation and ensures compliance to statutory requirements;
• Reviews internal control processes and accounting policies
Career highlights:
1. Headed the finance group of the 3 affiliated companies with monthly sales of 450M for RGPI,
135M for SCI, and 16M for RMI
2. Reorganized the finance organization by looking at the critical areas of finance function
(inventory and operations, accounts receivables, funds managements, financial reporting and
analysis); proposed the right structure; put the right person on the right place; capability
building; and concocted performance appraisal tool and buddy system on each position;
3. Reviewed the processes and the adequacy of control measures in place; documented and
implemented company-wide policies: P.O. approval and credit risk mitigation policies, trade
support, Cash, AR, and Inventory risk management, Petty cash policy, Gas usage monitoring,
Fixed asset accounting, Accounting for intercompany transactions, and Meals and transportation
expense;
4. Prepared the yearly budget and bottoms-up financial model by considering the sales
objectives, desired profits and returns on equity, required structure, anticipation for salary merit
and statutory increases, and discussions made with the department heads on areas/investments
that need to be re-evaluated and compromised;
5. Prepared various financial models and profitability analyses that led to significant savings for
the company and in making business decisions: Own or lease company fleet, Breakeven template
which was deployed nationally by P&G, Financial leverage and efficient sources of funding,
Working capital corrections, Reach expansion programs, Wholesale program, Jobber or own
operations, Mark-up/Cocktail pricing, Account recovery programs, Per segment financial
review, Inventory ordering template, and Analysis for new business opportunities;
6. Updated and more reasonable financial reporting to stake-owners and principal;
7. Has been part of the team that rolled-out NetSuite Accounting System;
8. Has had extensive exposure with clients, banks, tax consultant, and sales engagement;
9. Hoisted the RGPI Finance to be best-in-class among all other national exclusive distributors
10. Has experienced to be audit in-charge during the last audit engagement reporting directly to
the audit partner and handled 1 audit subordinate, thus, experiences on audit planning, financial
statements and management letter review and release were acquired;
11. Gained experience auditing various financial statements accounts: Cash and cash equivalent,
Repossessed assets, Inventories, Tax payable, Equity, Loans payable, Loans receivable,
Impairment losses, Fixed assets, Miscellaneous assets and liabilities, Operating expenses,
Accounts receivables, and up to preparation of FS disclosures
TRAININGS AND  Certificate of completion obtained on International Health
SEMINARS:
Care Business Integrity online training (August 2014)
 Online trainings on records and information management,
careful communication, information asset protection, policy
on business conduct, access and separation of duties
controls (December 2013)
 NetSuite training (February 2013)
 Chartered Business Administrator Batch 15 graduate
(December 2011)
 Best Practices for Finance Controllers conducted by Center
for Global Best Practices (February 2011);
 Solomon Accounting System Training (February 2010);
 Briefing on Financial Risk Management (December 2008);
 Briefing on Financial Instruments (October 2008);
 IFRS Improvements (October 2008);
 Reviewing Corporate Income Tax Returns (September 2008);
 Introduction to Banking (January 2008);
 US GAAP Program (December 2007)
SKILLS
 Demonstrated leadership skills
 2008 IFRS Accredited based on Ernst & Young requirements;
 Advanced knowledge in Microsoft Office Word and Excel
Applications; basic knowledge in SAP;
 Good command in English;
 Hardworking with good work ethics and willingness to
learn
EDUCATIONAL
BACKGROUND
Post graduate:
Certified Management Accountant batch 27
Australian certification
January 2013 to May 2013
Tertiary:
Bachelor of Science in Accountancy
Magna cum Laude
Far Eastern University
Manila
Secondary:
Commendable student
College of the Immaculate Conception
Cabanatuan City
PERSONAL
INFORMATION
Date of Birth : April 19, 1985
Birth Place : Cabanatuan City
Civil Status : Single
Height : 5’7”
Weight : 154lbs
PERSONAL
REFERENCES
Available upon request
SEMINARS:
Care Business Integrity online training (August 2014)
 Online trainings on records and information management,
careful communication, information asset protection, policy
on business conduct, access and separation of duties
controls (December 2013)
 NetSuite training (February 2013)
 Chartered Business Administrator Batch 15 graduate
(December 2011)
 Best Practices for Finance Controllers conducted by Center
for Global Best Practices (February 2011);
 Solomon Accounting System Training (February 2010);
 Briefing on Financial Risk Management (December 2008);
 Briefing on Financial Instruments (October 2008);
 IFRS Improvements (October 2008);
 Reviewing Corporate Income Tax Returns (September 2008);
 Introduction to Banking (January 2008);
 US GAAP Program (December 2007)
SKILLS
 Demonstrated leadership skills
 2008 IFRS Accredited based on Ernst & Young requirements;
 Advanced knowledge in Microsoft Office Word and Excel
Applications; basic knowledge in SAP;
 Good command in English;
 Hardworking with good work ethics and willingness to
learn
EDUCATIONAL
BACKGROUND
Post graduate:
Certified Management Accountant batch 27
Australian certification
January 2013 to May 2013
Tertiary:
Bachelor of Science in Accountancy
Magna cum Laude
Far Eastern University
Manila
Secondary:
Commendable student
College of the Immaculate Conception
Cabanatuan City
PERSONAL
INFORMATION
Date of Birth : April 19, 1985
Birth Place : Cabanatuan City
Civil Status : Single
Height : 5’7”
Weight : 154lbs
PERSONAL
REFERENCES
Available upon request

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Demson Parumog resume April 1 2016

  • 1. J O H N D E M S O N P A R U M O G , C M A , C P A 33rd floor, Grand Emerald Tower Ortigas, Pasig City Mobile No: 0917 890 7810 Email addresses: parumogjd419@yahoo.com JohnDemson.PARUMOG@loreal.com CAREER OBJECTIVE: To obtain a managerial role in a company where I can grow professionally and where I can give significant contributions to. PROFESSIONAL QUALIFICATION:  Member, Institute of Certified Management Accountant  Member, Chartered Business Administrators – Philippines  Top 7, October 2007 CPA Board Examination  Best P&G Distributor Finance Manager for the FY 2011- 2012  Best P&G Distributor Finance Manager for the FY 2010- 2011  Best Multi-Function Team Leader for the FY 2010-2011 WORK EXPERIENCE: Commercial Operations Manager L’Oreal Philippines, Inc – Consumer division January 2016 present Commercial Finance Controller L’Oreal Philippines, Inc – Consumer division December 2014 to December 2015 Associate Finance Manager Johnson and Johnson International Singapore ROHQ July 2013 to November 2014 Controller (of a group of companies), August 2011 to June 2013 Right Goods Philippines Incorporated (P&G exclusive distributor) Solutions Center, Incorporated (Globe Telecom exclusive distributor) Right Moves Philippines, Incorporated (Columbia Candies exclusive distributor) Finance Manager, December 2009 to August 2011 Right Goods Philippines Incorporated Associate Auditor, November 2007 to November 2009 Sycip Gorres Velayo & Co. (Ernst & Young - Philippines) Financial Assurance Services|Assurance & Advisory Business
  • 2. Services Job Responsibilities as Commercial Operations Manager • Manages the budget of manpower agencies on salaries, commission, and other expenses • Leads resolution of internal audit findings for Commercial/Sales team • Liaise with the manpower agencies and suppliers to ensure commercial requirements are met • Participates in the selection of new suppliers, monitoring of KPI and contracts review and negotiation • Reviews computation of incentives/commission • Manages a team of 4 that handles sales information and reporting, contracts archiving, PO preparation, office and counter supplies management, and overall commercial operations support Job Responsibilities as Commercial Finance Controller • Performs month-end closing of books for gross to net sales accounts and prepares management reports and monthly submissions; • Reviews and approves promo activities and customer allowances • Participates in forecast reviews and performs net sales valuation of sales forecast • Provides financial analysis, simulations to aid decision making • Coordinates with Credit Team, Supply Chain, and Corporate Finance matters concerning Commercial/Sales and has interactions with Marketing on matters concerning pricing, promo activities Job Responsibilities as Associate Finance Manager • Review/compute all taxes – income tax, withholding tax, fringe benefits tax, and VAT; • Deal with the bank on foreign currency purchases; • Fixed asset accounting; • Intercompany accounting; • Handle accounts payable and accrued liabilities; • Monitoring of advertising and promotions expense; • Review monthly bank reconciliation; • Handle accounting of equity accounts, all other income and expenses, and all other assets and liabilities; • Review quarterly and yearly financial reports submission to US/corporate headquarters including US tax report requirements; • Provide external and internal auditors, compliance group, and local tax authorities’ audit requirements • CAPEX and depreciation budgeting • Currently handles Medical and Consumer sectors of J&J Job Responsibilities as Controller (RGPI, SCI, RMI) • Lead the finance and accounting departments of 3 affiliated companies (60 subordinates) • Top line financial planning and review; • Review financial analyses of the finance managers; • Ensure compliance of statutory requirements; • Quarterly financial reporting to the owners; • Salary planning and retirement benefits computation;
  • 3. • Evaluation and selection of new accounting software; • Liaise with banks; • Capability building; • Final review of policies and significant business decision making; and • Evaluation of new business prospects/ventures/opportunities of the owners Job Responsibilities as Finance Manager (RGPI) • Heads the Finance Department operations and functions; • Reviews monthly financial statements and conducts financial reviews to the stakeholders; • Reviews viability analysis on new projects and initiatives; • Oversees fund/budget accounting and management; • Oversees Accounts receivable and Accounts payable accounting; • Reviews tax payable computation and ensures compliance to statutory requirements; • Reviews internal control processes and accounting policies Career highlights: 1. Headed the finance group of the 3 affiliated companies with monthly sales of 450M for RGPI, 135M for SCI, and 16M for RMI 2. Reorganized the finance organization by looking at the critical areas of finance function (inventory and operations, accounts receivables, funds managements, financial reporting and analysis); proposed the right structure; put the right person on the right place; capability building; and concocted performance appraisal tool and buddy system on each position; 3. Reviewed the processes and the adequacy of control measures in place; documented and implemented company-wide policies: P.O. approval and credit risk mitigation policies, trade support, Cash, AR, and Inventory risk management, Petty cash policy, Gas usage monitoring, Fixed asset accounting, Accounting for intercompany transactions, and Meals and transportation expense; 4. Prepared the yearly budget and bottoms-up financial model by considering the sales objectives, desired profits and returns on equity, required structure, anticipation for salary merit and statutory increases, and discussions made with the department heads on areas/investments that need to be re-evaluated and compromised; 5. Prepared various financial models and profitability analyses that led to significant savings for the company and in making business decisions: Own or lease company fleet, Breakeven template which was deployed nationally by P&G, Financial leverage and efficient sources of funding, Working capital corrections, Reach expansion programs, Wholesale program, Jobber or own operations, Mark-up/Cocktail pricing, Account recovery programs, Per segment financial review, Inventory ordering template, and Analysis for new business opportunities; 6. Updated and more reasonable financial reporting to stake-owners and principal; 7. Has been part of the team that rolled-out NetSuite Accounting System; 8. Has had extensive exposure with clients, banks, tax consultant, and sales engagement; 9. Hoisted the RGPI Finance to be best-in-class among all other national exclusive distributors 10. Has experienced to be audit in-charge during the last audit engagement reporting directly to the audit partner and handled 1 audit subordinate, thus, experiences on audit planning, financial statements and management letter review and release were acquired; 11. Gained experience auditing various financial statements accounts: Cash and cash equivalent, Repossessed assets, Inventories, Tax payable, Equity, Loans payable, Loans receivable, Impairment losses, Fixed assets, Miscellaneous assets and liabilities, Operating expenses, Accounts receivables, and up to preparation of FS disclosures
  • 4. TRAININGS AND  Certificate of completion obtained on International Health
  • 5. SEMINARS: Care Business Integrity online training (August 2014)  Online trainings on records and information management, careful communication, information asset protection, policy on business conduct, access and separation of duties controls (December 2013)  NetSuite training (February 2013)  Chartered Business Administrator Batch 15 graduate (December 2011)  Best Practices for Finance Controllers conducted by Center for Global Best Practices (February 2011);  Solomon Accounting System Training (February 2010);  Briefing on Financial Risk Management (December 2008);  Briefing on Financial Instruments (October 2008);  IFRS Improvements (October 2008);  Reviewing Corporate Income Tax Returns (September 2008);  Introduction to Banking (January 2008);  US GAAP Program (December 2007) SKILLS  Demonstrated leadership skills  2008 IFRS Accredited based on Ernst & Young requirements;  Advanced knowledge in Microsoft Office Word and Excel Applications; basic knowledge in SAP;  Good command in English;  Hardworking with good work ethics and willingness to learn EDUCATIONAL BACKGROUND Post graduate: Certified Management Accountant batch 27 Australian certification January 2013 to May 2013 Tertiary: Bachelor of Science in Accountancy Magna cum Laude Far Eastern University Manila Secondary: Commendable student College of the Immaculate Conception Cabanatuan City PERSONAL INFORMATION Date of Birth : April 19, 1985 Birth Place : Cabanatuan City Civil Status : Single Height : 5’7” Weight : 154lbs PERSONAL REFERENCES Available upon request
  • 6. SEMINARS: Care Business Integrity online training (August 2014)  Online trainings on records and information management, careful communication, information asset protection, policy on business conduct, access and separation of duties controls (December 2013)  NetSuite training (February 2013)  Chartered Business Administrator Batch 15 graduate (December 2011)  Best Practices for Finance Controllers conducted by Center for Global Best Practices (February 2011);  Solomon Accounting System Training (February 2010);  Briefing on Financial Risk Management (December 2008);  Briefing on Financial Instruments (October 2008);  IFRS Improvements (October 2008);  Reviewing Corporate Income Tax Returns (September 2008);  Introduction to Banking (January 2008);  US GAAP Program (December 2007) SKILLS  Demonstrated leadership skills  2008 IFRS Accredited based on Ernst & Young requirements;  Advanced knowledge in Microsoft Office Word and Excel Applications; basic knowledge in SAP;  Good command in English;  Hardworking with good work ethics and willingness to learn EDUCATIONAL BACKGROUND Post graduate: Certified Management Accountant batch 27 Australian certification January 2013 to May 2013 Tertiary: Bachelor of Science in Accountancy Magna cum Laude Far Eastern University Manila Secondary: Commendable student College of the Immaculate Conception Cabanatuan City PERSONAL INFORMATION Date of Birth : April 19, 1985 Birth Place : Cabanatuan City Civil Status : Single Height : 5’7” Weight : 154lbs PERSONAL REFERENCES Available upon request