Leonardo Sibayan, Accountant

Leonardo Sibayan

Accountant

QANAWAT FZ LLC

Location
United Arab Emirates - Abu Dhabi
Education
Bachelor's degree, Accountancy
Experience
18 years, 5 Months

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Work Experience

Total years of experience :18 years, 5 Months

Accountant at QANAWAT FZ LLC
  • United Arab Emirates - Dubai
  • My current job since July 2013

Compiles and analyzes financial information to prepare entries to book of accounts, such
as general ledger accounts, documenting business transactions.
 Examine contracts, LPOs, SOA, invoices and also prepares reports to substantiate
individual transactions prior to settlement.
 In charge of bank reconciliation and other monthly reports.
 Perform AP role in general including petty cash management.
 Is often cross trained in other duties  Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.  Prepare and review revenue, expense, payroll entries, invoices, and other accounting documents.  Develop and maintain financial data bases (both automated & manual filing systems)  Interact with external auditors in completing yearly audits

Senior Accountant at HRG Marsman Drysdale Travel Inc.
  • Philippines
  • April 2012 to December 2012

Assigned as Senior Accountant in handling foreign tours department in one of the Largest and stable travel agency in Philippines. This position facilitate in preparation of financial statement, management Accounts Payable, Accounts Receivable and reconciliation
 Prepare monthly Financial Statement and its supporting schedule as part of month-end and year-end closing
 Responsible for general ledger works, including Journal and adjusting entries
 Book accruals, expense allocations and general ledger / Balance Sheet reconciliation
 Prepare multi-currency bank reconciliation
 Generate corporate sales invoices and responsible to call clients to enforce payment of past due account
 Checking of suppliers statement of account and generate Accounts payable voucher for payment
 Assist in preparing tax requirement, including withholding tax return, VAT, and Income tax
 Asked by management to prepare daily sales report, gross profit analysis and top ten corporate clients as part of month-end reporting

Accountant at SNTTA Travel and Tours LLC
  • United Arab Emirates - Dubai
  • November 2008 to March 2012

Assigned as an Accountant in one of the largest travel agency in the UAE. This position is tasked to accurately report and record ticket sales and solve all accounting related issues
 Assisting the Senior Accountant in monthly and annual Financial Statements preparation such as Balance Sheet, Income Statement and cash flows
 Performed daily cash management activities including recording and reconciliation of fund transfers such as inter-company, bank transfer and Petty cash replenishment
 Prepare monthly comprehensive bank, inter-company and credit card reconciliation
 Responsible for the Accounts Receivable function to ensure proper posting of customers’ accounts in the System
 Prepare journal entries and necessary adjusting entries as part of regular month-end and year-end closing activities
 Involve in and help management in annual budgeting, monthly forecasting process
 Generate invoices for collection and also responsible to analyze ticket refund and prepare clients credit note
 Prepare bi-monthly and consolidated monthly sales report for airlines requirements
 Responsible in monitoring of tickets and month-end reconciliation
 Assisting the operation staff in reporting documents

Accountant at El Nido Resort - Ayala Group
  • Philippines
  • March 2007 to September 2008

Assigned as an Accountant in the corporate headquarters of one of the most luxurious Hotel and resort in Philippines. This position has given me the opportunity to develop in different areas of accounting. My major responsibilities are as follows:
 Monthly bank reconciliation of multi-currency bank account balances (USD, EUR, YEN)
 Reconciliation of Accounts Payable and inter-company transactions.
 Prepare corporate statement of account for collection.
 Establish, maintain, and coordinate the implementation of accounting and accounting control procedures
 Prepare schedule of Advances to supplier, Accounts Payable-Others and Accrued Expenses for Financial Statement report.
 Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions
 Responsible for the preparation of the company’s Monthly/Quarterly VAT returns with schedule for Quarterly input/output VAT (Value Added Tax).
 General accounting works, reconciliation of operating supplies and expenses for the all the resorts.
 Planning and monitoring the timely preparation of all the payment vouchers according to the credit period and verifying and forwarding the same for approval.
 Prepares the necessary schedules for audit purposes
 Monthly Telephone Bill allocation to personal and official use

Accountant / Internal Auditor at RDA Consultancy Services
  • Philippines
  • May 2005 to March 2007

Client 2: FDI Forefront II Trading Corp.,
Job Title: Internal Auditor
These position is responsible for creating risk assessments for, and the development of, annual internal audit plans. It’s the job to recognize, assign and carry out responsibilities, organize labor, control inventory, combine outcome, and other development functions and systematize risk based assessment.
 Identify any data error, unaccountable transactions, faulty or inefficient processes
 Set a schedule regularly to meet the management to communicate audit findings and explore suitable solutions
 Ensure about the company policy and legal compliance in the systems
 Collaborate extensively with external auditors, providing in-depth assistance with periodic corporate audit
 Making sure the correct matching of physical inventory with system database content
 Communicate findings to senior management and draft comprehensive and complete report of audit area
 Provide proper recommendation for corrective action - employee and vendor misconduct, fraud and bankruptcy relationship
 Participate in operational audits and take responsibility for staff development

Client 1: Service Edge Distribution Inc.,
Job Title: Accountant
Assigned as an accountant overseeing various Finance functions including Accounts Payable and General Ledger. My major responsibilities are as follows:
 Primary responsibility is to prepare financial statements and supporting schedules according to monthly close schedule
 Prepare the monthly payroll - net of all the deduction including taxes, loan etc.
 Provide comprehensive variance analysis and determine root-cause of each significant variance
 Handle diversified Accounts Receivable function including weekly, monthly and quarterly billing
 Monitor and review accounting and related system reports for accuracy and completeness.
 Negotiate and enforce collections to expedite the clearance of delinquent accounts
 Supervise the input and handling of financial data and reports for the company's automated financial systems.
 Maintain company’s book of account up to finalization and present to management
 Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
 Review processes in relation to internal audit compliance and suggest necessary improvements
 Supervise the input and handling of financial data and reports for the company's automated financial systems.
 Oversee full payroll process from payroll calculation up to distribution to employees and ensure compliance to related tax, legal and company regulations.
 Maintain weekly cash flow management and reporting activities
 Follow through on timely and accurate month-end closings and financial activities

Education

Bachelor's degree, Accountancy
  • at University of the East - Philippines
  • April 2005

Specialties & Skills

MICROSOFT APPLICATION AND ACCOUNTING SYSTEM KNOWLEDGE

Languages

English
Intermediate