Ana Margarita Virata, Senior

Ana Margarita Virata

Senior

DELOITTE AND TOUCHE M.E

Location
United Arab Emirates - Sharjah
Education
Bachelor's degree, Accountancy
Experience
8 years, 6 Months

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Work Experience

Total years of experience :8 years, 6 Months

Senior at DELOITTE AND TOUCHE M.E
  • United Arab Emirates - Sharjah
  • My current job since August 2021

 Supervising teams and delivery centers for large-scale accounts
 Development of automated checklist for quality assurance
 Reviewing statutory financial statements prepared in accordance with various local reporting standards
 Proactive involvement in recruitment of team members by conducting technical interviews
 Dashboard reporting to management (showcasing reporting deadlines and analysis of quality of service)
 Responsible for reviewing accounting reports for clients (based on applicable reporting standards (IFRS)
 Review accounting controls to ensure compliance with regulatory and statutory requirements
 Pioneer new client onboarding checklist
 Understanding of VAT, Corporate Tax, Withholding Tax, domestic laws and other locally required filings
 Provide training sessions (ERP system, IFRS, process compliance, handling clients, soft-skills, etc.)
 Handle team effectively by ensuring proper reviews and guidance are provided when needed.
 Showcase accounting expertise by handling completion of questionnaires related to regulatory laws (tax and
accounting) for various GCC and African countries: UAE, KSA, Egypt, Lebanon, Bahrain, Kuwait, Iraq,
Qatar, Ghana and Kenya, etc.
 Dealing with internal and external stakeholders simultaneously
 Spearheading process improvement and automation activities to help boost the team’s efficiency
 Building workflows and suggesting innovative ideas to develop and streamline processes
 Managing clients and maintaining a good relationship by ensuring deliverables are accurate and sent on time
 Prepared business development case (anaylsis of quality of clients: profitability and cost saving measures)
 Manage Accounts Receivable status for a large scale of clients and reducing AR to a reasonable level
 Involved in a secondment project for a large multinational private equity company
 Hands-on supervision of team members and managing client delivery from start to finish of the engagement
 Preparation of various IFRS assessments (e.g. IFRS 9 - ECL calculation, IFRS 16 - Leases)
 Profitability analysis (identifying major revenue generating clients, time spent versus fees charged
 Mitigate risk by highlighting issues in a timely manner and provide solutions and suggestions

Credit Controller at STONCOR MIDDLE EAST LLC
  • United Arab Emirates - Dubai
  • November 2020 to August 2021

Scope of Work/Milestones:
 Responsible for transition of GL accounting functions to a Global Shared Service center
 Managing AR and working on various effective and innovative methods to follow up with customers
 Conducting credit checks on new customers, resolving problems in relation to invoice payments
 Reporting to management on outstanding issues, whilst highlighting potential debtor problems
 Creating procedures and policies which ensure timely payments while maintaining a high level of customer
retention
 Reconciling complex accounts that have been escalated from the AR team
 Monitoring AR collections in order to identify if there is any need for additional provisions
 Analysis of margin report (revenue, cost, margin, breakdown per product/ salesperson, country) by providing
accurate and useful business information required by management
 Analysis of royalty report for each product with related royalties (Carboline, Flowcrete and Tremco)
 In-depth analysis of sales report by recommending how to maximize revenue growth potential.
 Spearheaded Tableau training and implementation for effective and efficient reporting
 Use of Hyperion Financial Management tool for reporting purposes

Business Analyst at DELOITTE AND TOUCHE M.E
  • United Arab Emirates - Sharjah
  • July 2018 to November 2020

 Provide financial reporting and accounting services
 In charge of technological advancement projects: Nintex workflow implementation; Microsoft Navision
(Business Digital Hub)
 Manage and handle the complete accounting and reporting functions independently
 Handle a portfolio of diverse clients in various sectors: Aviation, Civil Defense, Manufacturing, Retail,
Information Technology
 Ensure that accounting practices comply with IFRS
 Processing of journal entries; perform the period-end closing and reporting; reconciliation of AR, AP, and
bank entries
 Booking of all Intercompany transactions centrally (both AP and AR sides)
 Perform all intercompany and vendor payments
 Developed payment schedules and templates for efficient, accurate and timely processing
 Balance sheet and intercompany analysis and reconciliation
 Responsible for performing a review of monthly transactions
 Preparation of separate and consolidated management reports; passing elimination entries for consolidation
 Year-end financial statements preparation including notes in compliance with IFRS
 Involved in providing support (coordination with auditors) for clients during the audit.
 Budgeting and forecasting support provided (cash forecast, budget reports, etc.) when required
 Provide value-added suggestions upon analysis of management reports (sales, budget trends, etc.)
 Preparation of PRD (Processes, Responsibilities, Deadlines) control file for clients
 Improvement and customization of existing comprehensive financial reporting package based on client’s needs
 Developed templates for all required monthly journal entries thereby reducing closing time for various clients

Accountant and Purchasing Officer at TWINWALLS LLC
  • United Arab Emirates - Dubai
  • October 2016 to June 2018

 Prepare asset, liability, capital account entries, and financial reports (analyzing account information)
 Ensure that financial statements are prepared in accordance with the appropriate standard (IFRS/GAAP)
 Maintain payroll information by collecting calculating, entering data and coordinating with HR
 Regular preparation of bank reconciliation to verify the accuracy of financial transactions
 Maintain the financial records of the company to keep up with internal/external auditors
 Liaise with internal and external auditors through proper communication
 Perform the processing and recording of Accounts Payable transactions
 Ensure that all invoices and reimbursements are paid accurately and in compliance with the finance policies
 Meet accounting operational standards by contributing financial information to strategic plans
 Implementing production, productivity, quality, and customer-service standards; resolving problems
 Manage relationships with suppliers to ensure timely delivery and compliance in terms of contracts
 Contract negotiation and hands-on monitoring of the quality of service/ goods provided
 Evaluate bids and make recommendations, based on commercial and technical factors.

Senior Accountant at CROWN EMIRATES COMPANY LTD
  • United Arab Emirates - Dubai
  • February 2016 to October 2016

 In charge of Accounts Payable - dealing with payments to suppliers (local and foreign)
 Pay vendors by monitoring discount opportunities; scheduling and preparing cheques
 Resolve purchase order, contract, invoice, or payment discrepancies and documentation
 Prepare regular bank reconciliation
 Responsible for three way matching (invoices match with purchase orders and receiving report)
 Preparation of Letter of Credit (LC) submitted to banks
 Charge expenses to accounts and cost centers by analyzing invoice/expense reports
 Maintain files and documentation accurately, in accordance with accepted accounting practices
 Pay employees by receiving and verifying expense reports and advances by preparing cheques
 Verify vendor accounts by reconciling monthly statements and related transactions

Audit Intern - Audit and Assurance Department at DELOITTE TOUCHE TOHMATSU
  • Philippines
  • June 2014 to July 2014

 Provide assistance to specific engagements with various clients
 Develop effective working relationships and communication with seniors and fellow associates
 Work closely with associates in vouching and preparing required reports
 Understanding client company’s business entity and internal controls to be able to perform overall duties
 Assist in compilation of audit working papers and documentation
 Use AS2 (Audit System 2) and other MS Office application in accomplishing audit work

Education

Bachelor's degree, Accountancy
  • at De La Salle University
  • April 2015

Honorable Mention

Specialties & Skills

Shared Service Center
Automation
Finance
Accounting
ACCOUNTANCY
ACCOUNTS PAYABLE
BANK RECONCILIATION
CONTRACT MANAGEMENT
CUSTOMER RELATIONS
CUSTOMER SERVICE
DELIVERY
FINANCE
FINANCIAL STATEMENTS
RECORDING
Project Management

Languages

English
Expert

Training and Certifications

US Certified Management Accountant (Certificate)
Certified Public Accountant (Certificate)