Larry Thess Palasan CPA

• Computes & prepares payroll; WPS, EOS, gratuity, leave salary
• Perform all accounting functions for general ledger accountability and financial reporting
• Create project accounts in the accounting system
• Maintain project-related records, including contracts and change orders
• Enter General ledger data, ensuring correct coding for payments & receivables are accurate
• Prepare journal entries, working papers and analysis for year-end audits
• Participate in accurate & timely closes for multiple accounts, closing procedures include bank statement reconciliations, revenue analysis, reconciliation of General Ledger accounts
• Prepare Financial statements and reporting; balance sheet, P&L, cash Flow
• Investigate project variances and submit variance reports to management
• Confer with receivables staff regarding unpaid contract billings
• Enter financial data into accounting software program, utilize databases, spreadsheets and templates.
• Built and format reports in Excel from imported financial reports and other financial data, proofread for accuracy and integrity of data
• Manage and coordinate with external auditors
• Record inter-company transaction
• Keeping abreast with UAE Labor law for payroll purposes

• Responsible for timely and accurate input, interaction and update of all Food & Beverage accounting systems and records.
• Responsible for assisting the store managers with month end inventories and processing of data.
• Perform all accounting functions for general ledger accountability and financial reporting
• Maintains and codes all manual purchase orders for Purchasing department
• Maintains and updates Excel spreadsheets
• Daily cash postings to subsidiary ledgers
• Follow up with other Departments and vendors on any outstanding invoices and reconciles invoices before month end.
• Reviews any outstanding invoices on vendor statements and contact vendor for copies of outstanding invoices.
• Participate every last day for month end audit inventories with store managers.
• Identifies problems and take corrective action where necessary.
• Manage and support the monthly, quarterly and annual financial closings
• Prepare monthly, quarterly and annual financial statement
• Prepare monthly bank reconciliations
• Provide all details and information required to facilitate the auditing process
• Ensuring proper book of accounts are maintained
• Preparation and administration of the payroll

• Create tax data collection systems
• Complete required tax reporting in a timely manner
• Prepare and update tax provision schedules
• Prepares Annual and Quarterly Tax Returns
• Computes and Prepares Payroll and Monthly Employee Contributions
• Prepares Withholding Taxes, Monthly and Quarterly VAT including alphalist attachments
• Reviews Tax Returns and make recommendation regarding accuracy and tax savings opportunities
• Prepare Compensation Taxes and Year End Adjustment
• Prepares Protest Letters and respond to Bureau of Internal Revenue (BIR) Letters of Authority, Notices.
• Keep abreast of current development and rulings in the tax area
• Perform Monthly Cash Audit and Inventory Count
• Perform Monthly Bank Reconciliation
• Tax returns compilation
• Monitors, and as necessary, coordinates compliance activities of other departments to remain abreast of the status of all tax compliance activities.
• Coordinate audits by various taxation authorities ( BIR officers, municipal and local)
• Attend formal Conference Invitation representing the company
• Represent the company in tax matters discussion with BIR officers
• Negotiate with tax authorities over tax payment issues
• Advise management on the impact of new laws on tax liabilities

• Take all reasonable discounts on supplier invoices
• Pay supplier invoices in a timely manner
• Pay any debt as it comes due for payment
• Record cash receipts and make bank deposits
• Conduct periodic reconciliations of all accounts to ensure their accuracy
• Issue receipts due to customers. Identify prices of goods and tabulate bills using calculators.
• Count money in cash drawers at the beginning of shift to ensure that amounts are correct and that there is adequate change.
• Maintain petty cash fund
• Maintain an orderly accounting filing system
• Maintain the chart of accounts
• Comply with local, state, and federal government reporting requirements