Accountant
German Excavation Technology
Total years of experience :15 years, 0 Months
Journalize transactions related to purchases, expenses, banks, petty cash and yearend adjustments
Prepare Payment Vouchers (Bank Transfers and Cheque payments) with supporting documents.
Prepares and journalizes Payroll related transactions.
Reconcile Customer, Supplier, Bank (Debit/Credit Cards) and General Accounts of the company.
Handle Petty Cash expenses.
Maintain Fixed Asset Register, from Depreciation records up to disposals
Provide Monthly and Quarterly Reports to Management.
Provide Trial Balance, schedules, and other reports necessary to External Auditors.
Prepares draft semi-annual and annual Financial Statements for auditing purposes.
Prepares financial reports for Management reporting.
Handles Petty Cash fund, Bank and AR/AP account reconciliations.
Maintains and monitors customer accounts for collection of receivables.
Prepares and records asset, liability, capital, expense and revenue account entries into the system.
Administers and records bank transactions.
Payroll analysis and WPS end to end process.
Prepare pre-audit Trial Balance with supporting schedules for Chief Accountant’s review before submission to External Auditors.
Prepare and organize Journal Entry hard files and ensure completeness for audit purposes.
Undertake analysis of data or reports and reconcile any differences thereof and forward to Financial Reporting Specialist to correct it accordingly.
Update customer balances and submit to customers for collection purposes.
Customer follow up of payments, prepare Official Receipts for customer payments and reconcile pending invoices.
Prepare Bank Reconciliation and forward report for reconciling items to Accountant to record it accordingly.
Undertake audit planning for Company’s Business Units based on the audit scope approved by the Chief Internal Auditor.
Develop or modify work plans, methods, and procedures, determine work priorities and develop work schedules to ensure procedures are appropriate for the processes reviewed.
Review and evaluate Company’s Business Units Dealer contracts, guidelines, policies and procedures, and propose related enhancements and recommendations.
Undertake analytical review of financial/operational records of Business Units and investigate any suspicious records and interview employees to uncover facts.
Utilize scope of review of Business Units, undertake audit tests on sample basis of material transactions to comply with company policies, procedures, and authorization limits and Schedule of Authorities.
Evaluate internal control design, segregation of duties and organization/operational controls by developing a Risk Register and controls in place (manual and system based) with incidence of breakdowns/deviations.
Ensure all findings are supported by documentary evidence and all account captions in General Ledger are covered by audit tests and adequate reconciliations.
Communicate to management audit findings through audit report and presentation for their review and comments which entails list of audit findings. Control gaps identified, and recommended action points for the operations improvements.
Coordinate across all group of companies to ensure appropriate identifications of systems issues affecting financial reporting and performance of group (e.g. receivable recoveries, liquidity, inventory management).
Develop completed checklist of all the program results of work for review by Asst. Audit Manager and ensure all previous years recommendation have been properly implemented and errors currently noted are rectified after authorization, with enhancement of computer based/manual controls.
Document processes of the Business Units and risks by use of narratives/flowchart for areas of Sales, Purchases, Inventories, Cash and Bank.
Undertake analytical review of revenue and costs by comparison with budgets ad forecast and previous year.
Utilizing scope of review of Business Unit, undertake audit tests on sample basis of material transactions to comply with company policies, procedures and authorization limits and Schedule of Authorities.
Ensure all findings are supported by documentary evidence and all account captions in General Ledger are covered by audit tests and adequate reconciliations.
Perform quality performance analysis of different departments, projects, etc. and prepare reports with logical analysis and interpretations.
Recommend improvements or changes in present work structure, policies, functions, systems, etc. to enhance quality and efficiency of work.
Prepare different reports like analytical reports, forecast reports or performance trend reports and submit them regularly to the higher management.
Attend and report spot random inventory count and ensure plan for surprise stock count are adequate to cover sampled locations.
Ensure all previous year’s recommendations have been properly implemented and errors currently noted are rectified after authorization, with enhancement of computer based/manual controls.
Develop completed checklist of all program results of work for review by Senior Auditor and Asst. Audit Manager.
Manage, update and monitor Accounts Receivable of several companies of NBK Group and keep track of customer balances.
Reconcile customer accounts, clear payment and invoices it paid for and ensure that customer balances are up to date.
Monitor bank statement for any payments received from international customers through bank transfer and ensures that all payments and customer returned Cheques have been recorded in the books for the month.
Record and monitor inter-company transactions relating to Accounts Receivable.
Examine Accounts Receivable subsidiary ledger accounts and provide Cash Collection Projection Report to Management at the end of each month for Cash Flow and budgeting purposes.
Review customer payments received for any penalty charges and record it accordingly.
Coordinate with Operations for any disputes raised by customer in order to resolve the issue and collects payments from them.
Provide Customer-wise Accounts Receivable Reports to Operations related to the companies handled.
Generate Accounts Receivable Aging Report to Management on a monthly basis and yearly basis.
Provide other reports such as Detailed and Summary Bad Debts reports, Accounts with Legal issues and Retention Contract Accounts.
Responsible for recording of checks as payments from clients of the different area in the Visayas Region of the Phillipines.
Updates Accounts Receivable balances of clients and keeping track of their credit balances.
Verifies documents (Cash/Sales Invoices, Official Receipts, Travel Summary, Billings, etc.) from the Sales Department and forwards it to the Petty Cash Custodian for Reimbursement.