Jestoni Ocdamia

GENERAL ACCOUNTING
General Accountant for (4) affiliated companies (Gulf Engineering, Loop Mobility, Al Wasit Cabins & Al Faris Heavy Equipment)
Support full-cycle accounting operations for four affiliated companies across multiple business sectors.
Maintained and reconciled trial balance, general ledger, and subsidiary ledgers.
Prepared journal entries, manual entries, and adjusting entries accurately and efficiently.
Performed monthly and yearly book closing activities.
Prepared monthly, quarterly, and annual financial reports including Profit & Loss Statements and supporting schedules.
Managed monthly and yearly depreciation of company assets.
Assisted in budgeting, financial planning, and revenue forecasting.
Prepared financial reports and schedules for internal and external auditors.
Supervised and guided two Junior Accountants in daily accounting operations and reporting activities.

ACCOUNTS PAYABLE (A/P)
Monitored and managed supplier accounts and outstanding payables; Reconcile vendor statements and resolve discrepancies.
Prepare and process payments through bank transfers, cheques, and other payment methods; Utilize Oracle ERP invoice processing
Manage and reconcile petty cash funds, ensuring proper documentation; Perform month-end and year-end closing activities
Conduct three-way matching of invoices, purchase orders, and goods receipts to ensure accuracy and compliance.

ACCOUNTS RECEIVABLE (A/R)
Raised client invoices and monitored customer accounts receivable. As well as unbilled cost of accruals.
Generated receivable aging reports and conducted regular follow-up on outstanding balances and work to the project team on-site
Coordinated with clients regarding billing issues and payment collections and reconciliation of Intercompany balances
Maintained accurate customer account records and reconciliations.

PAYROLL
Prepared and processed monthly payroll for 1, 000+ employees.
Verified payroll data including attendance, deductions, overtime and calculated wages, allowances, deductions, leave benefits, and End-of-Service Benefits (EOSB) in compliance with company policies and labor laws; Preparation of leave/ final settlements
Generated payroll reports and coordinated salary-related transactions through accruals, reconciliations, and other journal entries.
Coordinate with HR and other departments to ensure accuracy of payroll and employee data.

BANK RECONCILIATION & CASH MANAGEMENT
Perform monthly reconciliation of bank accounts, cash accounts, PDCs, petty cash, supplier accounts, and client accounts.
Authorized representative for banking transactions and coordination with financial institutions.
Assisted in maintaining accurate cash flow records and monitoring financial transactions.

INVENTORY & FIXED ASSETS
Conducted monthly and yearly inventory counts and reconciliations including receipts, issuances, and adjustments in ERP systems.
Managed fixed asset records and depreciation schedules.
Ensured proper documentation and reporting of company assets.

TENDERING, LC & BANK GUARANTEES
Perform and review Tender Bonds, Performance Bonds, Letters of Credit (LCs), and Bank Guarantees against contract agreement.
Coordinated with banks and project teams for processing banking facilities and tender-related documentation.
Ensured timely submission and compliance with contractual and banking requirements.

FINANCIAL REPORTING & ANALYSIS
Generated monthly financial status reports and transaction summaries; Perform month-end and year-end closing
Prepared revenue projections and financial forecast reports.
Monitored and allocated project costs, expenses, and resources across multiple projects.
Assisted in monitoring project cash flow and budget utilization.
Coordinated with project managers regarding project budgets, expenses, and financial reporting.

Prepare, review, and file monthly, quarterly, and annual tax returns in compliance with Bureau Internal Revenues regulations.
Handle tax compliance requirements including:
Value Added Tax (VAT), Creditable Withholding Tax (CWT/EWT)
Final Withholding Tax (FWT), Income Tax Returns (ITR), Documentary Stamp Tax (DST)
Ensure accurate and timely submission of tax reports and attachments through BIR eFPS/eBIR systems.
Maintain updated records of tax filings, receipts, and supporting documents

Monitor and maintain accurate inventory records for incoming and outgoing stocks
Record stock movements, inventory transfers, and warehouse transactions in the accounting/inventory system.
Ensure proper documentation and reconciliation of inventory balances.
Conduct regular inventory counts and stock reconciliations
Coordinate with foreign suppliers regarding stock orders, shipment schedules, and delivery updates.
Monitor import/export documents including invoices, packing lists, bill of lading, and shipping documents.

 Assisted in the preparation of monthly financial reports including Financial Statements and Profit & Loss reports.
 Maintained accurate accounting records and supporting documentation.
 Verified vendor accounts, invoices, and supporting documents prior to payment processing.
 Generated reports detailing paid and unpaid invoices and monitored accounts receivable activities.
 Prepared payroll-related reports and maintained payroll documentation.
 Processed government remittances and statutory compliance requirements.
Served as Team Leader during monthly physical inventory counts