SR. ACCOUNTING SPECIALIST
Sadara Chemical Company
Total years of experience :26 years, 2 Months
-Sales price monitoring and trend analysis by geography, by product group
-Sales reporting and analysis
-Inventory reporting and reconciliation
-Month end closing tasks
-DSO calculations by product and region
-Anti-dumping requirements
-Ad Hoc tasks
Highlights:
-Streamlined accrual processes though MS Excel templates that are easy to use even when handling huge data.
-Created weekly dashboard in MS Excel that shows summary of sales and expenses that assisted Sales department in their weekly reporting
-Anti-dumping requirements
Monthly FS preparation (SOCPA and IFRS)
Handle various accrual entries for sales and related expenses and other month end closing tasks
Analysis and reconciliation of various accounts (bank, receivables and payables)
Coordination with auditors, external and government, to provide requirements and resolve audit items
Computation of Provision for Income Tax and ZAKAT Payable
Computation of monthly withholding tax payable for remittance to DZIT.
Airline invoices processing
Invoice checking and verification
Coordination with IOM missions to resolve discrepancies in airline invoice vs ticket order
Monitoring and follow up of credit notes applied with the airlines and missions responsible.
Planning, setting up and administering of accounting systems and control
Oversee preparation of monthly financial statement, and ensure that accurate and timely information are submitted to management and board of directors
Financial statement review and analysis
Annual and Quarterly Budget preparation
Planning and coordination of year end audit and other activities such as processing of bank loan applications.
Undertaking special financial project as maybe assigned from time to time.
Achievements
-Simplified recording and booking of transactions through organized accounting system
-Improved financial statement submission and reporting accuracy
-Implemented computerized accounting system
Preparation and on time submission of financial statements for First Asia Venture Capital, Inc.
Preparation and submission of management reports and analysis such as gross profit variance analysis and inter-company account reconciliation, and summary report of related party transactions
Analysis and review of financial statements submitted by each subsidiary both actual and budget
Monitors trends and ratios of revenues and expenses, investments, receivables and payables turnover ratio
Analysis of accounts for significant variances as compared to budget and prior year’s amount
Monitor subsidiaries compliance with the timely submission of monthly financial statements
Checking and verification of cash receipts, cash disbursements, journal and all other records of companies to verify compliance of transactions to adopted accounting principle and company policies
Monitoring of related party transactions within each subsidiaries to ensure proper internal control
Consolidation of financial statements.
Weighed general academic average of 85% Then Passed Philippine CPA Licensure Exam in May 1999 - Gen. Ave of 82%