Francisco Reyes, VP Group Finance/Chief Audit Executive

Francisco Reyes

VP Group Finance/Chief Audit Executive

JAKA Investment Corporation

Location
Philippines
Education
Bachelor's degree, Accounting
Experience
39 years, 7 Months

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Work Experience

Total years of experience :39 years, 7 Months

VP Group Finance/Chief Audit Executive at JAKA Investment Corporation
  • Philippines
  • My current job since October 2012

Incharge of entire Finance Group of the Conglomerate, with diverse business interest in the fields of foods and services, product distribution, Marketing and Logistics, Forest Plantation Management, Safety and Match Manufacturing, Property Management and Development, Information Technology Services, and Security Service and financials. Four Financial controller directly report to my office.

Internal Audit Manager at kout food group
  • Kuwait - Al Kuwait
  • July 2011 to April 2012

My role manage 8 Internal auditor and reports to the Head of Internal Corporate Affairs,
Has responsibility for the overseeing Restaurant Audit, Financial, Operational, Information Systems audits, Reporting Findings and Recommendations and conducting audit follow ups to ascertain the implementation/resolution of audit recommendations.
Managing all activities necessary for a scheduled audit for entities for Kout Food Group i.e Pizza Hut, Scoopa Cone, Burj Al Hamam, Seven Seas, Burger King, Kabab Ji, Tacobell, Applebees, and Ayyame
Other Activities as per instruction by Head of Internal Corporate Affairs including Presentation to Executive Management related to Budget, Audit Plan and etc

Head of Internal Audit at wataniya airways
  • Kuwait - Al Kuwait
  • July 2008 to July 2011

 My role reports to the Chairman & Managing Director, being head of the Department.
 Prepares Audit Charter, Internal Audit Policies and Procedures, Annual audit Plan, Risk assessment, Monitors the progress of audit, assume the ultimate responsibility for the conduct of audit and for the issue of audit report.
 Has responsibility for the overseeing and conducting Financial, Corporate, Operational and Information Systems audits, reporting findings and recommendations and conducting audit follow ups to ascertain the implementation/resolution of audit recommendations.
 Managing all activities necessary for a scheduled audit for entities for Wataniya Airways Group of Companies, Kuwait and outstations, United Projects Company, and Royal Aviation Kuwait.
 Member of Committee of evaluating third party provider like Catering supplier, Ground Handling evaluation and etc as instructed by the Chairman and Managing Director

Senior Internal Audit Officer at Qatar Airways
  • Qatar - Doha
  • June 1999 to October 2007

My role reports into the Manager Internal Audit and CEO.
Has responsibility for the overseeing and conducting financial, operational and Information Systems audits, reporting findings and recommendations and conducting audit follow ups to ascertain the implementation/resolution of audit recommendations.

Managing all activities necessary for a scheduled audit for entities for Qatar Airways Group of Companies, Doha and outstations ( Qatar Duty Free Company, United Media, Qatar Distribution Company, Qatar Aviation Services, Qatar Aircraft Catering Company )

Our audits have realized significant cost savings in some business units.

Internal Auditor at Philippine Airlines
  • Philippines
  • November 1987 to August 1998

 Has a responsibility for Audit planning, execution and reporting of results of audit engagements. Made recommendations that improved processes, resulted in cost savings and internal controls
 Has responsibility in ensuring that Warehouse Physical Inventory of aircraft parts is within the Audit Plan, ensuring that all variances as a result of the Physical count must be investigated, assigning auditors, and warehousing staff work, carrying out due diligence audit as a team leader in evaluating company Fixed Assets of the proposed joint venture of Aboitiz Corp. and Philippine Airlines, and Finalizing audit report to be submitted to Manager - Internal Audit

Savings and Current Bookeeper at Manila Banking Corporation
  • Philippines
  • May 1982 to April 1987

Has responsibility in posting daily deposits, reconciling tellers daily transactions, reconciling daily deposits against Head office reports, approving withdrawal or encashment base on available balances, advising customers of checks drawn against insufficient funds, analyzing bank deposits, withdrawals, time deposits, short term and long term investment, daily review of ledger accounts, sundry accounts, and Dormant accounts and ensure that withdrawal must approved and authorized as per bank policy on authority level.

Education

Bachelor's degree, Accounting
  • at BA, LLB, CPA
  • October 1982

top 10 of the class

Specialties & Skills

Problem Solving
Internal Audit
Financial Accounting
MS office
Oracle system
MS word

Languages

English
Expert

Memberships

Philippine Institute of Certified Public Accountant
  • member
  • October 1985
The Institute of Internal Auditors
  • member
  • January 2005
International Association of Airline Internal Auditors
  • member
  • January 2004
Association of Certified Fraud Examiners
  • member
  • December 2006

Training and Certifications

Continues Monitoring (Certificate)
Date Attended:
March 2011
Valid Until:
March 2011
IT Audit 1 & 2 (Certificate)
Date Attended:
December 2011
Valid Until:
December 2011