LIZELDA HIZON PRUDENCIADO, CMA, MBA

Address: 46 General F. Santos St. Calumpang, Marikina City,
Philippines 1801
Mobile No.: +63 9178177481 Home No.: +632 6458515
Email: [email protected]

SUMMARY OF SKILLS / CONTRIBUTIONS

• 14 years of experience in multinational companies such as Goya, Inc. (a Nestle company) and Wrigley Philippines, Inc. (a Mars company)
• More than 10 years of experience in Financial Planning and Analysis and Cost Accounting
• 7 years of experience in Materials Management (Inventory Control and Warehousing)
• Spearheaded internal audit in Goya, and subsequently achieved the highest rating conducted by Corporate Audit of Nestle, from ‘Not Entirely Satisfactory’ to ‘Very Satisfactory’
• Achieved the highest audit rating in Wrigley Corporate Internal Audit from ‘yellow’ to ‘green’
• Developed and implemented the following Clipper based application software in different companies:
 Inventory Monitoring System
 Efficiency Monitoring System
 Returned Goods Inventory Monitoring System
• Super User/Project Manager for the following Enterprise Resource Planning Systems:
 BPCS (‘Business Planning and Control System(Business Planning and Control System’), Super User in Goya, Inc.
 Oracle, Super User in Delfi Foods, Inc.
 SAP (‘System, Application and Product in Data Processing), Super User and System Coordinator in Goya, Inc.
 SAP Business One as Project Manager, Super User in Aidea, Inc.
• Implemented a procedure to systematize the billing and collection, claims management, and project incentive system in Aidea, Inc.
• Increased the cash position by five (5) times with a yearly cash dividend payout in one of the companies worked for
• Implemented the following in Wrigley Philippines, Inc. (a Mars company)
 Push Down Accounting (revaluation of fixed asset and change in useful lives)
 Accelerated 5 day closing
 Change in accounting policies
 Zodiac 13 period (4 week period) from 12 months
 Liquidation/drawback process on duty and taxes drawback (regular and custom bonded importations)
 Cost Center Variance Reporting
• Implemented the following systems and procedures in Goya:
 Daily Cycle Counting
 Full documentation (for the ISO accreditation) and improvement in Warehouse and Inventory Control (acceptance age, lot sampling, control of returns and scrap materials and bad goods)
 BPCS – Material Requirements Planning (including change in order profile which reduced working capital by 30%)
 Material Usage Variance
 Rework shelf life
• Lean Focused Improvement pillar team lead in Wrigley
• Spearheaded the cost reduction project in Wrigley that enable Supply Chain division to retain the packing line which was supposed to be outsourced as an initiative by the affiliate foreign market to reduce their cost
• Identified an incorrect tax entry that significantly reduced tax liability.
• An MBA holder in Ateneo Graduate School of Business
• A Certified Management Accountant

PROFESSIONAL EXPERIENCE

BF CORPORATION
March 1, 2018 to present

BF Corporation is a licensed “AAA” General Contractor approved by the Philippine Contractors Accreditation Board (PCAB). The company employs about 250 employees.

Chief Finance Officer (March 1, 2018 to present)
• Recommend over-all financial objectives, strategies, and policies of the firm that is consistent with approved purposes and objectives.
• Ensure that the total company’s plans and objectives are translated into a working budget.
• Develop performance measures that support the company’s strategic direction.
• Manage the Finance and Accounting, Warehouse, and Information Technology
• Oversee the preparation of financial statement and report financial results to the management team or board of directors.
• Ensure quality control over financial transactions and financial reporting.
• Maintain adequate funds to meet current and future requirements and obligations.
• Develop and document business processes and accounting policies to maintain and strengthen internal controls.
• Ensure the safeguard of company’s asset and internal control is in place
• Oversee all automation initiatives in Accounting and Finance
• Coordinate the preparation of regulatory reporting and ensure compliance

AIDEA INC.
June 2011 to February 28, 2018

Aidea Inc. is a formerly British company, RMJM, one of the largest architecture, interior design, engineering, and urban planning networks in the world. The company employs about 200 personnel.

Finance Manager (June 2011 to present)
• Coordinate and direct the preparation of the budget and other financial forecasting
• Ensure timely and reliable monthly financial statements
• Coordinate the preparation of regulatory reporting and ensure compliance
• Oversee the month-end and year-end closing process
• Ensure quality control over financial transactions and financial reporting
• Develop and document business processes and accounting policies to maintain and strengthen internal controls.
• Recommend over-all financial objectives, strategies, and policies of the firm consistent with approved purposes and objectives.
• Maintain adequate funds to meet current and future requirements and obligations. Develop investment program and manage firm’s investments.
• Ensure the safeguard of company’s asset and internal control is in place.
• Spearheaded all automation initiatives in Accounting and Finance
• Project Manager for SAP Business One.

WRIGLEY PHILIPPINES, INC., (Philippines)
August 2008 to January 2011

Wrigley Philippines, Inc. is a Mars owned, US based MNC, engaged in the manufacture and distribution of chewing gum in the local and export market and employs about 330 personnel.

Finance Manager, August 2008 to January 2011
• Provide financial decision support, analysis and advice to the Supply Chain Management on:
 SC cost savings projects
 PFO and Manufacturing Variance improvements  Status monitor for CAPEX PAR; Capital proposals final approval
 Transfer pricing (ICP) and product costing
 Cost benchmarking
 Cost deployment, target setting
 Working Capital Management (Inventories, Payables)  Other SC operations and decisions as needed
• Assist SC Management Team in annual budgeting (FOB) and strategic planning process ensuring that a comprehensive and accurate plan is completed for timely submission, including detailed plans for individual department/sections. •
• Provide decision support, analysis, and advice to SC Management Team and Regional SC Team by providing monthly CMR, Scorecard, Latest Estimate (forecast), Capital Tracking, Cost Savings, and other financial reports.
• Ensure implementation of internal control requirements for all SC processes (ICSA) and to safeguard company’s assets.
• Ensure compliance with internal and external audit controls, and legal and statutory requirements
• Ensure accuracy and proper analysis of investment appraisals including post-evaluation.
• Team lead for Lean Focused Improvement pillar.

DELFI FOODS, INC. (Philippines)
March 2006 to February 2008

Petra Foods Limited, a Singapore listed MNC acquired Goya from Nestle Philippines, Inc. including the Goya brands, and formed the Delfi Foods, Inc., the manufacturing firm and Delfi Marketing, Inc., sales and marketing and distribution firm. Delfi Foods, Inc. became a co-manufacturer of Nestle brands confectionery products. Delfi Foods, Inc. employs about 200+ personnel.

Factory Administration Manager, March 2006 to February 2008

• Ensure that the total company’s plans and objectives are translated into working budget that is accurate, realistic and comprehensive.
• Ensure accuracy of all factory financial statements and financial KPIs including the timeliness of submission.
• Ensure execution of month-end actual costing, computes for the COGS, inventory value and explanation of gross profit.
• Ensure accuracy and proper analysis of investment appraisals including post-evaluation.
• Ensures accuracy of selling price calculation.
• Ensure accuracy of Standard Cost and Revision Budget for factory.
• Ensure accuracy and timeliness of factory variance report and ensure that corrective actions are identified and implemented.
• Ensure the safeguard of company’s assets.
• Ensure internal control is in place.
• Responsible for the industrial engineering functions such as setting of manufacturing standards preparation, improvement studies, and key performance indicators for both Delfi and Nestle products
• Coordinates with Nestle regarding KPIs and other concerns relating to the Manufacturing Agreement contract
• Handle claims related to third party and co-packing price negotiations.

GOYA, INC. (Philippines)
April 1996 to February 2006

Goya, Inc. is a Nestle owned company which is engaged in the manufactures confectionery products particularly chocolates and candies. The company distributes its products in the local and export market. It employs about 300+ personnel.

Factory Administration Head, November 2003 to February 2006
• In charge of factory finance functions such as cost accounting, co-packing control, inventory control, fixed asset, data master, internal control/audit, and cost studies.
• Ensure that the total company’s plans and objectives are translated into a working budget and standard cost.
• Prepare and review new product costing and selling price calculation.
• Responsible for the closing of books and timely and accurate preparation of factory financial statements and KPIs.
• Ensure factory variance is communicated to management team, deviations are analyzed and explained, corrective action identified and monitored.
• Liaise with external auditor regarding concerns related to the departmental functions.

GLOBE Coordinator , July 2002 to October 2003
• Establish and ensure execution of overall GLOBE implementation plan. GLOBE stands for Global Business Excellence, a project of Nestle with the objective of implementing a unified system across all Nestle businesses with SAP as support system software.
• Ensure timely preparation and execution of best practices in coordination with the Corporate Business Excellence and Data Quality Management team
• Handled internal audit and subsequently achieved the highest rating from not entirely satisfactory;
• Lead projects to prepare the factory that will ensure compliance to GLOBE best practice.

Cost Accountant, October 1998 to June 2002
• Responsible for the monthly closing of books, actual costing, revision, and budget run in BPCS and the review and analysis of reports.
• Prepare and analyze monthly variance reports including co-packer (materials usage and price, labor usage and rate, energy usage and rate, other fixed factory overhead, co-packing rate variance, depreciation, and volume variance), validates explanation provided by cost center head and monitors agreed corrective action.
• Prepare and review the new product cost.
• Handle the data master maintenance in BPCS
• Prepare factory Key Performance Indicator / Business Excellence reports for financials and participates in factory spot check (internal audit).

Inventory Control Supervisor, March 1997 to October 1998
• Ensure proper and timely recording of warehouse transactions and responsible for all administrative tasks of the department including full documentation of policies and procedures in compliance with ISO requirement.
• Ensure cycle count and periodic physical inventory is conducted, discrepancies are explained and corrective action/s are identified.
• Preparation and consolidation of departmental budgets and analyzes deviation between actual and budget;

Warehouse Systems Specialist, April 1996 to February 1997
• Responsible for the documentation and updating of departmental procedures;
• Review and analyze existing warehousing, distribution, and inventory control system to determine areas for improvement and recommends solutions to emergent systematic problems
• Developed and coded the returned goods inventory monitoring system, a Clipper based application software

DRAGON LADY INDUSTRIES, INC. (Philippines)
May 1995 to March 1996

Dragon Lady Industries, Inc. is a local company which is engaged in the steel manufacturing business. It employs about 100 personnel.

Executive Assistant / Warehouse Head, May 1995 to March 1996
• Prepare costing/quotation and attends to all administrative requirements of the Vice President for operation
• Supervise the warehouse operation, receipt and issuances, and ensure physical inventory is timely conducted; discrepancies are explained and corrective actions are identified.
• Developed and implemented the Inventory Monitoring System and Efficiency Monitoring System, a Clipper based application software.

PAGENT PRODUCTS CORPORATION (Philippines)
October 1994 to April 1995

Pagent Products Corporation is a local company which is engaged in the manufacture and distribution of venetian blinds, shower door and accessories.

Technical Assistant, October 1994 to April 1995
• Developed and coded the Inventory Monitoring System (with Material Requirements Planning);
• Stock custodian and planner / buyer for high valued products
• Conducted time and motion studies
• Assisted in importation of materials
• System administrator for all software requirement of the company

PONDEROSA LEATHER GOODS CO., INC. (Philippines)
October 1991 to July 1994

Ponderosa Leather Goods Co., Inc. is a local company which is engaged in the manufacture and export of baseball gloves.

Programmer, April 1994 to July 1994
• Conduct systems analysis and design and developed support programs using Clipper software
• Administrator of network server

Materials Controller, April 1992 to March 1994
• Prepare and review the Materials Requirement Plan
• Coordinate material availability with Production Planner
• Monitor stock cover
• Set up production planning and inventory control system

Industrial Engineer, October 1991 to March 1992
• Conduct time and motion study as basis of efficiency monitoring; recommend co-packing rate based on the study.
• Prepare and analyze the MRP report and recommend order quantity

EDUCATION

2006 to 2008 Ateneo Graduate School of Business
Master in Business Administration

1986 to 1991 University of Sto. Tomas
B.S. in Industrial Engineering

Short courses: Impact Center – De La Salle University
Algorithmic Logic Function, Dbase IV, Clipper 5.0

Government Career Service Eligibility
July 1989 Career Service Sub-professional
July 1991 Career Service Professional

PROFESSIONAL QUALIFICATION

Certified Management Accountant (certified by ICMA in Australia on September 16, 2011 with membership ID MID-016452)

SEMINARS / TRAININGS ATTENDED

Materials Management by Resource Consultants International, Inc. (September 1993)
Warehouse Management by Purchasing and Materials Management Association of the Philippines (July 1995)
Team Building Workshop by HR of Goya, Inc. (May 1996)
ISO Awareness Program by Organization Development of Philippine Cocoa Corporation (May 1996)
World Class Logistics for Tomorrow’s Competition by Distribution Management Association of the Philippines (September 1996)
Inventory Planning and Control by Purchasing and Materials Management Association of the Philippines (August 1997)
BPCS C&A Distribution Workshop by Systems Standards, Inc. (December 1997)
BPCS C&A Distribution Workshop (Financials) by Systems Standards, Inc. (December 1997)
BPCS Inventory Management Workshop by Systems Standards, Inc.(December 1997)
BPCS Manufacturing Workshop (Financials) by Systems Standards, Inc. (Dec. 1997)
Interaction Management Workshop by HR of Goya, Inc. (May 1998)
Environmental Awareness Seminar by HR of Goya, Inc. (July 1999)
Finance and Control at Nestle for Non-Specialist by F&C of Goya, Inc. (August 2000)
Personal & Team Enrichment Program by Visions and Breakthroughs Int’l (February & March 2001)
Access 97 Introduction, Intermediate, and Advanced (November 2001)
Project Management Workshop by Executive Development Institute of Asia Business Consultants, Inc. (January 2003)
Systematic Managerial Analysis by Executive Development Institute of Asia Business Consultants, Inc. (April 2003)
Interaction Management Workshop by Development Dimensions International (October 2003)
Access 2003 Level 1, 2 and 3 (February 2007) by Edupro
Internal Quality Audit conducted by DTI Philtrade Training Center (February 2007)
Comprehensive Seminar on Fringe Benefit Tax (October 2008)
Comprehensive Seminar on Withholding Tax on Wages (October 2008)
Expanded Withholding Tax by SyCip Gorres Velayo & Co. (E&Y) (November 2008)
Value Added Tax by SyCip Gorres Velayo & Co. (E&Y) (November 2008)
Transformational Leadership by Anthony Pangilinan (January 2009)
Coaching the Wrigley Way (April 2009)
BOI Orientation Seminar by BOI Employees Association (July 2010)
High Impact Presentations by Dale Carnegie Training (February 2010)
Unleash the Highest Potential of Your Life / Work by Unleash International Corporation (September 2010)
Unleash the Highest Potential of Your Money by Unleash International Corporation (September 2010)
Strategic Business Analysis and Strategic Cost Management by Institute of Certified Management Accountant (May 2011 to July 2011)
SAP Business One TB1200 Course by Fasttrack IT Academy (March 2014)
SAP Business One TB1100 Course by Fasttrack IT Academy (March 2014)
Next-Generation Management Accounting for Finance Professionals Program by Asian Institute of Management (November 2013)
Dynamic Productivity: A LIFO Method Application (October 2017)

PERSONAL DATA

Full Name Lizelda Hizon Prudenciado
Race Filipino
Date of Birth March 20, 1970
Marital Status Widow
No. of Children 1
Special interests Sports (badminton & table tennis), Sudoku and crossword puzzles
Relevant Skills SAP, BPCS, MS Office (Outlook, Powerpoint, Word, Excel with macro), Oracle,
MYOB, Quickbooks, Hyperion, Clipper 5, Dbase IV