Arci Fernando

Handled taxation for multinational company, from data gathering, to finalization of tax returns and submission to different government agencies. Participated in planning/implementing business policies and procedures to ensure proper internal controls, including adherence to budget control and compliance with tax requirements. Developed and managed external financial relationships (e.g., LGU, BIR and, auditors).
Key results:

 Assisted in the preparation of financial statements and annual budgets
 Performed tax planning and analyses and other tax related issues(audit)
 Refunded Excess Input VAT amounting to 16 million to Bureau of Internal Revenue
 Prepared tax returns and reports required by respective government/regulatory agencies
 Initiated control to ensure compliance with documentation requirements of the company and government agencies for disbursements and receipts to avoid tax issues.
 Developed automated internal tax generating report to reduced processing time by 20%.

 Oversee all accounts activities, prepare profit and loss statement reports for each business unit and apply accounting procedures and principles.
 Oversee the routine accounting tasks in the department on a day to day basis.
 Obtain and maintain complete understanding of general ledger and financial reporting structures.
 Make sure all financial reporting deadlines are met.
 Ensure the firm implementation of the business system
 Ensure timely and accurate monthly and year end closures and timely reporting of monthly financial data.
 Plan and control the implementation of annual budgeting processes.
 Carry out financial investigations and review the financial statements with management workforce.
 Actively carry out preventive quality controls and initiate corrective actions as necessary.
 Liaise with treasury department to record monthly interests on intergroup loans and current account balances and issue debit/credit notes accordingly.
 Manage fixed assets which include proper accounting, reconciliation, tagging and physical verification.
 Interface with auditors for matters relating to financial audits and with Zakat/Tax manager for matters relating to tax.

 Manage all general ledger accounting activities at the concerned Rawabi Holding BUs/JVs.
 Oversee various accounting activities in line with accounting principles and standards and ensure effective control of concerned BUs/JVs' financial resources.
 Conduct periodic reviews of financial controls and accounting processes for Rawabi Holding.
 Guide financial decisions by establishing, monitoring, maintaining and enforcing accounting procedures and financial controls in line with sound accounting principles, applicable laws and regulations.
 Prepare budgets by setting schedules and consolidating financial data and achieve budget objectives by evaluating variances actions.
 Review operating costs and budgets to identify trends affecting budget requirements.
 Summarize budgets, prepare reports and suggest recommendations to enhance effectiveness.
 Develop and maintain the cash flow analysis along with weekly reporting.
 Track financial conditions by developing regular financial reports including metrics and analyses for the management.
 Conduct program and annual financial year end auditing.
 Regulate all aspects of accounts receivables, banking and cash receipts including review of supporting documentation.
 Monitor balance sheet accounts. Review and ensure timely completion of intergroup reconciliations.
 Strengthen cost controls and compliance across different BUs/JVs/department/projects.
 Execute intergroup funding and borrowing activities, in line with the Group's Treasury policies and proposed internal interest rates.
 Support standardization and harmonization of all financial processes across Rawabi Holding's BUs/JVs to optimize consolidation of financial statements and intergroup transactions.
 Support BIJ/JV DFO in development and institutionalization of Rawabi Holding's accounting data, capabilities and know-hows.

 Perform various accounting activities in line with accounting principles and standards and ensure effective control of concerned BUs/JVs' financial resources and complete compliance with all relevant laws, regulations and reporting requirements.
 Prepare the financial statements and supporting schedules as per monthly closing schedules, inclusive of forecast updates and budgets.
 Ensure accurate and timely creation of accounts for new business activities.
 Ensure timely completion of the monthly closing of concerned BUs/JVs' books.
 Evaluate expenses and revenues to ensure they are recorded accurately on a monthly basis.
 Aid with the cash forecasting and cash management.
 Furnish accurate accounting entries of journal entries other than payables (handled by Accounts Payable Officer) and receivables (handled by Accounts Receivable Officer), including journal voucher entries, provisions and accruals.
 Conduct monthly accounts reconciliations to ensure all general ledgers are complete and accurate.
 Conduct an analysis of major expense items as part of the periodic financial reporting.
 Maintain and update the chart of accounts.
 Track KPIs for accounting activities and develop plans and initiatives for enhancement.
 Carry out miscellaneous duties as assigned by the direct manager.

Handled daily A/P processes for this paper and tissue manufacturer; supervised A/P clerks; managed vendor/supplier relations; and oversaw the timely, accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions. Maintained adherence to corporate, accounting and GAAP/IFRS standards; addressed escalated issues from employees and vendors regarding accounts payable; and ensured accurate and compliant A/P files and records in accordance with company policies and government regulations.
Key Results:
• Managed the accurate and timely processing of up to 20, 000 invoices (Php1M) per month for large, multi-site organizations. Assessed and closed A/P sub-ledger on a monthly basis, validated content and resolved various issues.
• Facilitated “no-fault” internal and external audits as a result of sound recordkeeping and thorough documentation.
• Renegotiated payment terms with dozens of suppliers/vendors from Net 7 to Net 60 day. Improved cash flow and helped facilitate company’s return to profitability.
• Composed effective accounting and ad-hoc reports summarizing A/P data for supply chain, HR and other departments.
• Consistently maintained accuracy in calculating figures and amounts such as discounts, interest, commissions, proportions and percentages.