Divine Grace Josafat, GENERAL ACCOUNTANT AND OPERATIONS ADMINISTRATOR

Divine Grace Josafat

GENERAL ACCOUNTANT AND OPERATIONS ADMINISTRATOR

Sterling Financial Brokers

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, ACCOUNTANCY
Experience
3 years, 9 Months

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Work Experience

Total years of experience :3 years, 9 Months

GENERAL ACCOUNTANT AND OPERATIONS ADMINISTRATOR at Sterling Financial Brokers
  • United Arab Emirates - Dubai
  • November 2017 to November 2019

 Maintains book of accounts in accordance with accounting policies and procedures of the company.
 Manages routine financial operations of the company.
-Responsible for company’s monthly calculation reports and close procedures.
-Reconciles monthly partner revenue statements and market summary reports.
-Prepares and ensures proper reporting of commission/rebates revenue and calculation of account executor’s commissions considering accurate R/T of all accounts.
-Analyzes client’s portfolio for discrepancies by reconciling all trading accounts and escalates issues.
-Keeps track of all incoming wire transfers from main forex brokers and ensures prompt collection; also for outgoing payments and expenditures.
-Continuous management and support of budget and forecast activities.  Supervises the input and handling of financial data and reports for the company's financial systems.
 Compiles and analyzes financial information, processes journal entries, updates general ledger accounts and bank reconciliations.
 Prepares financial statements and supporting schedules according to company’s timelines.
 Coordinates with the annual audit of company’s financial statements, as well as VAT audit conducted by FTA; and quarterly VAT return filings.
 Resolves accounting discrepancies and irregularities; and maintains an orderly filing system of all accounting documents and business transactions.  Provides assistance in client’s account opening process and ensures organized client databases.  Manages operational tasks and performs admin duties as assigned.

SENIOR FINANCIAL ANALYST at State Street HCL Services Philippines
  • Philippines
  • March 2016 to May 2017

 Responsible for the end-to-end process of domestic and foreign exchange trades for listed derivatives.
 Books all fund activities of received electronic and manual trade directives to accounting systems.
 Reconciles open trade equity calculations and realized gain/loss between the client and broker.
 Posts manual accounting entries, adjustments, cash activities and daily margins; and validates movements.
 Resolves discrepancies and escalates complex issues with sense of urgency through interaction with the Derivatives COE in North America.
 Handles transitions for big clients with complex procedures in processing fund group activities.
 Maximizes strategies to ensure deadlines are met; and adheres to established operating risk, compliance controls and standard operating procedures.
Global Transaction Processing - Screening:
 Receives and screens fax/SWIFT trade instructions coming from IMAGE System.
 Determines trade/cash-related transactions to be subsequently directed to correct processing team.
 Renders accurate and timely trade processing in compliance with client expectation and company standards.
 Monitors and responds timely to issues in Global Transaction Processing - Screening Mailbox which comprises urgent escalations from fund managers.
 Validates and verifies high-risk transactions through callbacks.
 Handles Derivatives queue and conducts quality check for daily processed trades.

ACCOUNTS ASSISTANT at Landbank of the PhilippinesSubic Bay Freepor
  • Philippines
  • June 2002 to October 2002

 Performs and completes assigned operational task on a daily basis and as necessary.
 Provides assistance in processing client’s savings, payroll, time deposit and checking accounts.
 Compiles and maintains all supporting documents and backups for the newly registered clients.
 Prepares and submits client applications to Verification and New Account Section for processing.
 Enrolls clients to Landbank iAssist Banking System and answers clients' inquiries.

Education

Bachelor's degree, ACCOUNTANCY
  • at Columban College Inc
  • March 2015

IN

Specialties & Skills

ACCOUNTANCY
ANALYTICAL SKILLS
DERIVATIVES
EQUITIES
FOREIGN EXCHANGE
PEACHTREE
ACCOUNTING SYSTEMS
QUICKBOOKS

Languages

English
Expert

Memberships

Junior Philippine Institute of Accountants
  • Executive Vice President for Finance
  • June 2014

Training and Certifications

Intensive Training Course in Advanced Communications for International E- Business (Call Center Trai (Training)
Training Institute:
Intensive Training Course in Advanced Communications for International E- Business (Call Center Trai
Date Attended:
July 2013
1st International Entrepreneurship Conference and Students for the Advancement of Global Entrepreneu (Training)
Training Institute:
1st International Entrepreneurship Conference and Students for the Advancement of Global Entrepreneu
Date Attended:
February 2014
Managing Challenges of Global Business Trends and Development (Certificate)
Date Attended:
August 2014
LEAN PRACTITIONER (Certificate)
Date Attended:
September 2016