Accountant
Al Amin Medical Instrument (AMICO)
مجموع سنوات الخبرة :16 years, 8 أشهر
• Handles month-end activities such as amortization of prepayments, accrual of expenses, depreciation and amortization, deferral and recognition of income, reclassification and re-allocation of expenses and reconciliation of accounts, etc.
• Managing accounts of company’s biggest foreign suppliers (Medtronic, Johnson & Johnson, Alcon Pharmaceutical, Arthrex, etc…and ensuring reconciliation of accounts, communicating accounts discrepancies and monitoring schedules of monthly dues.
• Prepares and communicates reconciliations of inter-company accounts of local and international branches and proposed timely adjustments.
• Reviewing request for marketing cost allocation and support the Business units and Sales team with budget versus actual analysis and report.
• Monitoring marketing budgets and accruals, ensuring proper allocation of cost to different departments and business units.
• Ensures policy & procedure compliance while making process improvements (e.g. Designed and implemented an improved Fixed Assets Management process and Travel Form.)
• Prepares manual financial invoices and Debit & Credit Notes.
• Participates in annual physical inventory and reconciled with the ledger to safeguard company's assets.
• Processing claims for commission on back to back project with the government and supplier ensuring proper allocation of settlements.
• Handles Fixed Asset accounts of voluminous transactions; reconciliation, capitalization, depreciation, transfers and disposals and retirements.
• Runs periodic Foreign Currency valuation for open items transactions and provides analysis of forex differences.
• Analyses Inventory Stock Adjustments Accounts, ensuring classification and posting of transactions to proper General Ledger accounts.
• Monitors Intercompany Stock Transfer Account as zero profit transactions since merely transfer of stocks and not regular sales.
• Review expenses and replenish Petty Cash Fund
• Provides documentation & schedules of marketing claims for Optical Units for the whole Amico group and providing entries and allocation of entitlement to local branches and intercompany accounts.
• Manages Letter of Credits, preparing applications with the banks and monitoring LC expiration and LC dues and reconciliation of accounts.
• Reviewing and Processing Travel Advances, Travel expenses and reimbursement using Travel Management Module and provides management with periodic employee travel cost report.
• Assist in the preparation of financial statements and GL analysis.
• Assisted in checking Journal Voucher entries of the team.
• Participated in the successful implementation of SAP ERP without any interruption of accounting operations and assisting other branches on their transitions.
• Assists other branches in the implementation of SAP Fixed Asset Module and Sales and Distribution (Income Recognition)
• Support external auditors in the annual external audit activities.
• Monitored installment billing to service customer informing concerned departments for dues and prepared manual financial invoices.
• Generated and reviewed the monthly revenue recognition for service contracts.
• Prepared bank reconciliations of multiple local and foreign accounts.
• Handled generation of monthly financial report.
• Provided management project reports using percentage of completion method.
• Prepared and submitted the monthly financial reports and variance analysis to regional office.
• Prepared weekly cash flow and forecast and funding requirements and assisted in the preparation of monthly, annual and project budget and forecast.
• Hired, trained, and supervised the accounting office staffs, managed time off request, reviewed work, and conducted personnel reviews
• Assisted management in preparation and review of budget and forecast
• Handled generation of monthly financial report and accounts analysis.
• Provided management project reports using percentage of completion method.
• Prepared and submitted the monthly financial reports and variance analysis to regional office.
• Prepared weekly cash flow and forecast and funding requirements and assisted in the preparation of monthly, annual and project budget and forecast.
• Revamped accounting processes and procedures to improve the recording of transactions and financial and project reports.
• Ensured efficient, accurate and timely performance of the company's accounting activities.
• Enhanced the accuracy of the company's reported financial results and ensured that results comply with generally accepted accounting principles.
• Prepared billing for management fee for subsidiary: M+W High Tech Philippines Inc.
• Completed business filings such as tax returns, license applications, and business permits and reporting forms to different government agencies.
• Coordinated the provision of information to external auditors at interim and annual audits.
• Monitored cash position, Handled Time Deposit placement of company funds
• Reviewed aging of accounts payables and accounts receivables and payroll entries
• Reviewed applications with bank loans and letter of credits.
Accounts Payable Team:
• Processed various accounts payables. Ensured all departmental invoices were correctly coded and documented for payment within the period.
• Reviewed and re-checked the work of other 6 AP staffs.
• Coordinated the responsibilities between the team members to complete tasks before deadline.
• Assisted and trained new staff accountant assigned to accounts payable team.
Subsidiary Companies: (Amaia Land Corp. formerly First Communities Realty Inc.), Buklod Bahayan Realty & Development Corp. and Laguna Phenix Structures Inc.)
• Completed entire periodic closing activities and preparation of financial reports.
• Processed monthly inter/ intra-company billing and reconciliations
• Prepared journal entries, reconciled general ledger accounts
• Handled bank reconciliation and fixed asset accounts.
• Processed accounts payable, accounts receivable, cash, billing and check payments.
• Monitored cash position and managed money market placements and time deposit.
• Prepared and filed all periodic government Tax returns and schedules and external SEC reports.
• Played a key role in the application for the change of name and address and resolved statutory issues of one subsidiary.
• Completed business filings such as tax forms, license applications and business reporting forms.
• Provided necessary documents to external/internal auditors. Actively work with them to ensure requested items were received on schedule.
• Reviewed payroll and prepared documents for statutory/government remittances for subsidiary staffs.
Joint Venture: (Batangas Asset Corporation, Greenfields Development Corporation and Superior Land Holding Corporation)
• Reviewed and re-checked the work 3 member team
• Monitored allocation for each partner company to the different projects
• Maintained excel file for the computation and billing of Management and Marketing Fees and Other Charges and for each company share on sold lots and units
• Processed accounts payable and reimbursements
• Prepared monthly collection and remittance report to joint venture partners.
• Monitored of postdated check collections.
• Maintained daily cash receipts' ledger
• Prepared monthly bank reconciliation and informed concern staff for reconciling items
• Handled settlement of inter-company receivable and payable and reconciliation
• Provided support and assistance for external audits.
• Daily monitored bank balances and Depository accounts to ensure accuracy of bank deposits, money transfers and coin orders.
• Prepared monthly cash reports for several bank statements for management.
• Prepared monthly bank reconciliation for various local and fcy bank accounts
• Prepared monthly schedule of payments denominated in foreign currencies.
• Prepared documents and communicated with the bank personnel for the factoring of accounts receivables.
• Prepared checks for payments to suppliers and managed releasing
• Processed customers’ debit and credit memos
• Prepared journal entries for local and international sales and local collection.
• Assisted in the preparation of various statutory requirements of clients such as filing of tax returns and SEC reports.
• Assisted audit team in preparation of audit report for the client’s management.
• Conducted vouching of documents as part of audit working papers.
• Communicated with parties related with the client to gather answers to audit confirmations such as petty cash, litigation, accounts payable and receivable and bank balances.
• Prepared of proof of cash and bank reconciliation for various clients.
• Analyzed and prepared worksheet for summary of expenses of clients.
• Prepared lapsing schedules of fixed assets.
• Classified and filed documents into permanent and working papers