Lead Accountant - Accounts Payable
Digiphoto Entertainment Imaging
Total years of experience :10 years, 10 months
Managing the Accounts Payable of the Group Company.
Monthly review of subsidiary ledgers and conduct variance analysis, verifies the correctness of balances and reporting to management relevant information.
Prepares Aging Reports, Reconcile Vendor balances with Statement of Account (SOA) and monthly review and update of Advances to Suppliers.
Posting of all invoices and entering provisionary entries in monthly basis.
Resolving any discrepancies/issues with the Procurement Department/Suppliers.
Making sure that all necessary payments were paid. Certify to the correctness of payment vouchers and see to it that all the necessary documents are attached (Purchase Requisition, Quotations, Purchase Orders, Approvals, Invoice (Performa/Actual) and Payment vouchers.)
Reviewing contracts and communicating to the Management on questionable areas for proper action.
Answering any queries regarding Accounts Payable (Internal/External Auditors & Suppliers)
Extensive experience in Internet Banking (Payments are made generally through online banking)
Prepare ad hoc reports as required from time to time
Managing the Accounts Department including extensive handling of Accounts Receivable and Accounts Payable.
Monthly review of subsidiary ledgers and conduct variance analysis, verifies the correctness of balances and reporting to management relevant information.
Prepares Aging Reports, Reconcile Vendor balances with Statement of Account (SOA) and Preparing SOA to be sent to the customers.
Controlling & monitoring buying/selling prices and preparing quotations.
Reviewing contracts before finalization and seeing to it that stipulations are in accordance with the management’s intention.
Ensures financial records are maintained in compliance with accepted policies and procedures.
Prepare Bank Reconciliations, Payroll, & other ad hoc reports and adjusting entries.
Conducting physical inventory count and have an extensive experience on Petty Cash handling
Reconstruct Financial Statements and conduct Project Costing
Ensure that financial records complied with accepted policies and procedures
Prepare Bank Reconciliations
Supervise and monitor accounting entries and make adjusting entries
Ensure accurate recording and analysis of revenues and expenses
Analyze financial information and compute performance ratios
Managing the Finance and Accounting Department
Ensure that systems established complied with existing rules and regulations
Supervises receipts and disbursements
Prepares Financial Statement (Trial Balance, Balance Sheet, Income Statement, Statement of Equity, Aging of Receivables, Aging of Accounts Payables and etc.)
Prepares Monthly Special Reports (Statement of Aging of Accounts Payable, Statement of Due from Local Government Units, Schedule of Advances to Contractors, Statement of Consolidated Sum of Cash Balance, Report of Income)
Certifies to the correctness of disbursements and seeing to it that it is within prescribe budget
Coordinate with other section chiefs (Construction, Planning and Monitoring, Maintenance, and Materials Quality Section) for their respective fund flows
Responsible for recording and posting transactions (AR/AP)
Verifies the correctness of Entries in the Cash Disbursement Journal, Check Disbursement Journal, Cash Receipt Journal and other Special Journals.
Prepares Financial Statements (Trial Balance, Balance Sheet, Income Statement, Statement of Equity, Aging of Receivables, Aging of Accounts Payables and etc.)
Supervise in the analysis and preparation of interagency reports (Remittances to BIR, GSIS, PHILHEALTH, & PAG-IBIG)
Prepares Statement of Allotments and Obligations, Registry of Allotments Prepare the Registry of Allotments(Personal Services, Maintenance and Other Operating Expenses and Capital Outlay)
Prepare Bank Reconciliations
Certifies to the correctness of entries to the Inventory Ledger Cards and reconciles balances to the Stock Cards prepared by the Supply Officer
Conducts physical inventory count and to check variances from inventories
Consistent Student Achiever