RANIL MONTILLA CAPELLAN
General Trias,Philippines / Cavite
Summary
Cost Controller / Senior Cost Accountant with extensive experience in manufacturing and industrial operations. Achieved significant cost reductions and enhanced efficiency through expertise in production costing, standard costing, variance analysis, and inventory control. Focused on delivering robust financial controls and compliance with IKTVA regulations, driving data-based decision-making to improve profitability.
Overview
14
14
years of professional experience
Work History
Senior Cost Accountant
GSTIC GROUP - SILVER PACK
Dammam
12.2019 - Current
- Owned plant costing: standard cost updates, BOM reviews, and variance analysis; improved cost visibility across departments
- Led end-to-end financial reporting (BS, IS, CF) and monthly close, reducing close cycle by ~20-30%
- Implemented periodic cost reviews that identified savings opportunities of ~5-10% in materials/consumables
- Enhanced inventory controls and reconciliations, achieving a reduction in discrepancies by ~15-25%.
- Partnered with operations to track KPIs (yield, scrap), reducing wastage by ~8-12%
- Managed daily operations of Accounting Department, including financial statements (BS & IS), costing, and other functions, ensuring adherence to company policies and guidelines.
- Coordinated external audits with zero major findings, ensuring compliance with policies and procedures.
Cost Accountant (Production & IKTVA Key Account Representative)
METSCCO Heavy Steel Industries Co. Ltd.
Riyadh
03.2018 - 08.2019
- Delivered production & project costing for large industrial/Aramco projects; improved margin visibility by ~10%
- Produced IKTVA reports that ensured compliance and supported successful project bids, enhancing bid competitiveness.
- Collected data for IKTVA program and Saudization, managed costing, prepared production cost reports, project cost reports, production efficiency reports, and wastage reports, ensuring adherence to company policies and guidelines.
- Analyzed labor, materials, and equipment costs, contributing to ~5-8% cost optimization initiatives
- Coordinated with engineering and site teams to align progress billing and cost tracking, facilitating accurate financial reporting.
- Built weekly efficiency and consumption dashboards; improved decision speed for production manager.
Cost Accountant (Production & Sales)
SALMAN GROUP of COMPANIES
Al Khobar
08.2012 - 09.2017
- Produced daily reports on production, job costing, and contribution margins, providing management with insights for informed decision-making.
- Managed costing and generated reports on sales, production, machine efficiency, operator efficiency, and wastages, ensuring compliance with company policies and guidelines.
- Developed job-level profitability analysis to optimise pricing strategies and product mix.
- Implemented machine & operator efficiency tracking (OEE), improving utilization by ~10-15%
- Established wastage monitoring and controls, reducing scrap by ~12-18%
- Performed physical inventories and reconciliations, improving stock accuracy to ~98-99%
Branch Accountant
SALMAN GROUP of COMPANIES
Onaizah
08.2012 - 10.2013
- Processed invoicing, payroll, financial statement reporting, and petty cash in line with company policies.
- Oversaw invoicing, payroll, and branch financials, enhancing expense control by approximately 5-7%
- Reconciled monthly bank statements and resolved discrepancies.
- Maintained updated chart of accounts following correct procedures and including current, accurate details.
- Coordinated month-end and year-end close processes, ensuring accurate and timely financial reporting.
Education
(BSA) - Accounting
Osmeña Colleges
Masbate City, Masbate, Philippines01-2003
Secondary Education -
Masbate National Comprehensive High School
Masbate City, Masbate, Philippines01-1997
Skills
- Standard & Activity-Based Costing (ABC)
- Variance Analysis (Material, labour, Overhead)
- Inventory Control & Cycle Counts
- Budgeting, Forecasting & Cost Planning
- Financial Reporting (BS, IS, Cash Flow)
- Cost optimisation strategies
- ERP: SAP (FI/CO, MM), MS Dynamics 365/NAV, QuickBooks
- IKTVA & Aramco Compliance
- Manufacturing KPIs (OEE, Yield, Scrap/Waste)
- Process Improvement & Internal Controls
- Cross-functional Leadership (Production, Engineering, Procurement)
Accomplishments
- Led ERP migration from Peachtree to MS Dynamics 365, improving reporting speed by ~25-35%
- Implemented IKTVA reporting framework supporting Aramco compliance and project wins
- Built efficiency (machine/operator) reporting adopted by operations leadership
- Recovered long-outstanding receivables (multi-year balances), improving liquidity
- Established structured wastage/consumption reporting, driving sustained cost reductions
Custom
General Accountant | Project Accountant | Credit & Collection Officer, Philippines / Afghanistan, Managed AR/AP, payroll, project accounting; reduced overdue receivables by ~20-30%, Strengthened collections and reconciliations; improved cash flow predictability
Timeline
Senior Cost Accountant
GSTIC GROUP - SILVER PACK
12.2019 - Current
Cost Accountant (Production & IKTVA Key Account Representative)
METSCCO Heavy Steel Industries Co. Ltd.
03.2018 - 08.2019
Cost Accountant (Production & Sales)
SALMAN GROUP of COMPANIES
08.2012 - 09.2017
Branch Accountant
SALMAN GROUP of COMPANIES
08.2012 - 10.2013
(BSA) - Accounting
Osmeña Colleges
Secondary Education -
Masbate National Comprehensive High School