General & Payroll Accountant
Basmah Trading & Contracting Establishment
Total years of experience :6 years, 3 Months
• Calculate salary and overtime
• Prepare tax reports
• Update new hires and terminations in payroll system
• Prepare Cash vouchers & journal entries and its posting in books and system
• Maitains book of accounts & sub-ledgers such as Petty Cash, Journal Voucher, Bank Balance, Loans & Advances, Sundry Creditors, Sundry Debtors, Accruals & Prepayments
• Ensure paychecks are correct and delivered on time
• Calculate salary and overtime
• Payroll reconciliation
• Prepare tax reports
• Update new hires and terminations in payroll system
• Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Reconciles financial discrepancies by collecting and analyzing account information.
• Prepares asset, liability, and capital account entries by compiling and analyzing account information.
• Prepare monthly sales reports into excel spread sheet for analysis
• Reconciliation of Suppliers statement with our records and arrange for payment on due dates.
• Preparation of Trial Balance, review financial information detailing assets, Liabilities and prepare balance shee, Profit & Loss account
• Comply with policies, procedures at all times.
Own full cycle accounts payable process which includes receiving invoices, matching invoices to Pos for trade & non trade payables as well as processing employees valid claims weekly.
•Prepare/ enter invoices into the SAP accounting system
•Research, reconcile and resolve any discrepancies on vendor accounts or payment issues, through effective communication with vendors or internal business owners.
•Ensure finance policies and procedures are adhered to
•Preparing budgeted expenses weekly and summary of released and unreleased vouchers.
•Perform other tasks related to Accounts Receivable, Credit & Collection & updating of Fixed Asset Lapsing Schedule
• Responsible in conducting compliance, system, financial and spot audit.
• Ensure adherence to company standards and regulatory requirements.
• Identify system control weakness and recommend enhancement that will strengthen internal controls of the company.
• Promotes best practices and system improvement.
• Disbursement Audit
• Establish tables of accounts, and assign entries to proper accounts.
• Secures financial information by completing data base backups.
• Develop, implement, modify, and document record keeping and accounting systems, making use of current computer technology.
• Processing, verifying and releasing of every approved disbursement backed up by proper attachments.
• Ensure that all suppliers, contractors, creditors and employees are paid accurately and on time in accordance with the established company policy & ensure that all documents are complete before actually releasing the check.
• Prepare tax computations and returns
• Prepare monthly report of expenses per supplier
• Calculate and process the agents commission according to company policy
• Responsible for tax assurance, postings, restructuring of accounts and bookings.
• Assigned to do the bank reconciliation, liquidation, updating of manual books and other related functions.
• Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
• Guides accounting clerical staff by coordinating activities and answering questions.
Handled the complete accounting cycle, including opening, posting entries and closing of accounts and preparation of various accounting reports.
•Ensures efficient performance of the department’s daily accounting functions to support the various departments of the company.
•Assist in the preparation of monthly balance sheet account reconciliations and input of month end journal vouchers.
•Preparing monthly report of sales
•Making physical inventory and lead the team during annual physical count.
•Fixed asset accounting & reconciliations.
Bachelor of Science in Accountancy
(EMITS) Pinamalayan Oriental Mindoro (