Adonis P. Pentinio Email and Phone Number

• Implemented the first ever officially documented Global Suppliers Cost Savings tracker relative to global spend of $1.2B (Target of $150M Savings in 5 years) along with that, published the cost savings definition as global guidelines, complete process map from substantiation to validation stage and published standard cost savings dashboards in Qlikview platform. • Facilitate alignment meetings between the Finance entity globally, Suppliers Engineering and Global Procurement team on… Show more • Implemented the first ever officially documented Global Suppliers Cost Savings tracker relative to global spend of $1.2B (Target of $150M Savings in 5 years) along with that, published the cost savings definition as global guidelines, complete process map from substantiation to validation stage and published standard cost savings dashboards in Qlikview platform. • Facilitate alignment meetings between the Finance entity globally, Suppliers Engineering and Global Procurement team on various topics such as savings opportunities, clarification on cost savings calculation, detailed vendor transactions, vendor spend specific reports and price increases.• Provide monthly update on vendor spend to the Global Procurement team. • Established the successful Planning and Forecasting process with the Global Procurement ($7M), Corporate Facilities function ($12M) and helped IT Function with ($105M) using OneDrive and one (1) excel template utilizing the financial data from SAP BI reporting tool.• Lead the monthly financial forecasting meeting with the Facility Managers globally and discussion about the operational requirements of each facilities, cost savings opportunities and monthly financial results. • Monthly financial results presentation (ppt) with each function, VP of Global Procurement and VP of Corporate Facilities, about the comparative operating cost (actual vs plan/forecast), update on suppliers cost savings, cost savings initiatives, headcount forecast, global spend, and any other supports needed. • Leading the Finance support on Project Capex ($50M budget) by facilitating the monthly placeholder meeting, comparative actual spent vs placeholder and ensuring spend is accounted accordingly.• Enhanced the existing Forecast template (report) in SAP BI within my first year, became the to go person on resolving and reconciling the issues of any function in terms of forecast reporting. Show less

• Successfully lead annual operating plan (AOP $350M) for Joint Venture Kitting business operation. Coordinated financial data gathering and relative business information that are vital in preparing the AOP. • Lead the monthly forecast (of average monthly sales of $29M) financial data gatherings and encouraged interactive meeting with the business leaders on discussing the factors that impact the monthly movement on sales, that achieved minimal variation compared to actual.• Partnered… Show more • Successfully lead annual operating plan (AOP $350M) for Joint Venture Kitting business operation. Coordinated financial data gathering and relative business information that are vital in preparing the AOP. • Lead the monthly forecast (of average monthly sales of $29M) financial data gatherings and encouraged interactive meeting with the business leaders on discussing the factors that impact the monthly movement on sales, that achieved minimal variation compared to actual.• Partnered with account managers, sourcing and quality team by providing analysis valuable in business decision. • Thoroughly utilized financial data and presented the monthly P&L results with business leaders to provide the analysis on the variation of forecast sales, gross margin %, managed expenses % (SAR) & operating profit %.• Lead the complex analysis of Inter-company Accounts Payable and Goods Open Receipts with the financial impact of more than $30M, resulted on reducing inter-company transactions from $34M to $14M balance.• Created the more comprehensive analysis of monthly purchases that drives freight cost, evaluated warehouse cost which is the main aspect of managed expense. Initiated and created the template for annual Standard Cost analysis. These are significant in ensuring accounting is based on GAAP and P&L represented the accurate operating income.• Managed efficiently the submission of monthly and quarterly corporate reports such as P&L by business units, regional breakdown, Segmented P&L, Inter-company sales and gross margin % movement, commentaries on balance sheet account movement (MoM or QoQ or YoY) and related purchases with the affiliates. • Lead and coordinated the critical accounts payable issues with the suppliers and CBS AP team to ensure payment on time of supplier invoices and to avoid credit account on hold.• Provide interpretation and guidance on the appropriate usage of chart of accounts. • Coached newly hired and less experience colleague. Show less

• Integrated and transformed BMS system to Oracle on Cummins COA account structure on general ledger and then DBU reporting platform for North America distributors including Eastern and Western Canada. • Gathered the accounting data and analyzed the system requirements, set up the expected results, facilitated the actual testing of the system and transaction flows (SIT, UAT and Production). • Facilitated the training to the North America distributors relative to the process changes, new… Show more • Integrated and transformed BMS system to Oracle on Cummins COA account structure on general ledger and then DBU reporting platform for North America distributors including Eastern and Western Canada. • Gathered the accounting data and analyzed the system requirements, set up the expected results, facilitated the actual testing of the system and transaction flows (SIT, UAT and Production). • Facilitated the training to the North America distributors relative to the process changes, new set up in BMS, BOLT (Oracle) GL and DBU Reporting functions. • Championed in creating and maintaining the DBU Global chart of accounts SharePoint page (Cummins Internal Online site). Established and lead the practical application of Rational tools as super-user. Implemented the best practices and functions of the tools appropriate to the business-related project. • Identified key issues upon testing of BMS system, BOLT (Oracle) GL and DBU reporting. Lead the defect management and initiated the closure session to monitor the timely resolution of the defects.• Highly recognized for assisting the distributors first month end in BOLT (Oracle) system and also through infant care period which is usually one-month period. And support them on reconciliation using the new system. Show less

• Drives the on-time completion of the month-end activities. • Compiled the Balance sheet account reconciliation template before 15th of each month. Ensure that it is completely reviewed signed and dated by the approver.• Led the Accounts Receivable function and manage Corporate AR reports such as the DBU monthly AR Top 20 past due report showing the ageing of past due, root cause analysis and provide commentaries to collect the payment, the 12 month performance in terms of Sales… Show more • Drives the on-time completion of the month-end activities. • Compiled the Balance sheet account reconciliation template before 15th of each month. Ensure that it is completely reviewed signed and dated by the approver.• Led the Accounts Receivable function and manage Corporate AR reports such as the DBU monthly AR Top 20 past due report showing the ageing of past due, root cause analysis and provide commentaries to collect the payment, the 12 month performance in terms of Sales, Total AR, Past due, Past due percentage, Day sales outstanding, and Best practice DSO. Submit the Top AR balances with the exposure of USD 10k showing the Total outstanding, past due and approved credit limits, approver and date of approval, and comments in case of over limit. Submit the Mid-month past due report with the exposure of USD 10k showing the expected Total AR, expected past due and updated past due with commentaries of specific action to collect the payment before month end. • Arranged bi-monthly AR meeting with the Leadership team about the plan, needed support and escalation process to collect the past due.• Prepared the submission file to be uploaded to HFM or Core.• Provides comment on the movement of BS accounts balances.• Supports Finance Manager to prepare monthly retail report (P&L), compare the monthly results vs forecast; • Led and managed Accounts payable on time payment and suppliers account reconciliation. • Reconciled the Inter-company payable. Ensure that the General ledger balance is match (100%) with the Inter-company call. Identify the inventory Goods in transit and miscellaneous expenses. Prepare the monthly reconciliation template and verify the reconciling items and make a note of action to be done. • Ensure the performance of Export Compliance policy and procedure.• Supports Finance Manager on the Revenue recognition workings based on the Percentage of cost completion. Show less

• Reconciled and monitor Petty cash for Cummins Jebel Ali Fze and other 5 branches in Middle East.• Performed and prepared the template of bank reconciliation for 9 bank accounts.• Monitors the bank transactions on daily basis and coordinates with the bank all the business correspondence and bank documents or instruments like LC, bank guarantee etc.• Released the payments through checks or wire transfer 2009. Support AP on preparing payment. • Lead the set up on online banking… Show more • Reconciled and monitor Petty cash for Cummins Jebel Ali Fze and other 5 branches in Middle East.• Performed and prepared the template of bank reconciliation for 9 bank accounts.• Monitors the bank transactions on daily basis and coordinates with the bank all the business correspondence and bank documents or instruments like LC, bank guarantee etc.• Released the payments through checks or wire transfer 2009. Support AP on preparing payment. • Lead the set up on online banking and automated check payments using Citibank online facilities. Show less