Liziel Magcawas

Responsible for general accounting functions for GE Water Philippines and Indonesia
 Operation of the GL system and month-end close work (accruals, prepayments, fx reval etc…)
 Monitors cheques collection and prepares deposit slips to the bank
 Prepares weekly and monthly bank reconciliation and monitors the cash balance and funding, post unrecorded receipts and disbursements, and investigates overpayments, vendor advances and customer advances
 Monitors TL and NTL cash advances and corporate cards and records liquidations to proper GL accounts and projects cost centers
 Reconcile and records intercompany receivable and payable invoices and records invoices to customers’/vendors’ accounts
 Monitors GRIR (Goods Received, Invoice Receive) account and investigates on the variances
 Review invoices and accounts payable payment and coordinates with payable and receivable accountants for the status of long outstanding accounts
 Review and approve monthly payroll and record expenses to appropriate GL and cost centers
 Prepares accurate financial reports and supporting schedules, as required
 Responsible for account reconciliations that include multi currency inter-company accounts
 Highlight to the Management the potential issues affecting expenses, balances or cash flow
 Analyze revenues and expenses to ensure they are recorded appropriately to each projects
 Analyze financial statements on a monthly basis and report on variances
 Prepares corporate reporting requirements related to finance and tax audits
 Assist the Finance Manager in documentation and monitoring of Internal Controls
 Prepares and documents Standard Operating Procedures on General Accounting process
 Coordinate and perform year-end physical inventory count and investigate the cause of variances
 Liaise between the business unit and internal and external auditors, banks and management personnel
 Other ad hoc duties that can be assigned from time to time

Job Summary:
Responsible for balance sheet accounts reconciliation based on the corporate criteria for regional clients. Account reconciliation involves account balance substantiation and analysis on a monthly/quarterly basis by providing adequate and proper support for the ledger balance. It also involves coordinating with accountants from other countries for balance attachments, documentation and issue resolution.

Job Functions and Responsibilities:
Audits and reviews balance sheet accounts of GE Water Process Technologies - Australia, Philippines, Indonesia, Ionics Australia and Korea.

 Prepares account reconciliation and analyzes General Ledger account balance as to its appropriateness, reasonability, and timeliness, and identify, document, track and explain transactional differences identified between GL and SL balances and/or other independent sources.
 Coordinates with accountants from client countries on any issues and concerns regarding account reconciliation from time to time.
 Handles queries about the reconciliation from client and other third party browser (ie. Corporate Audit Staff, External Auditors, etc.)
 Prepares and documents Standard Operating Procedures for Account Reconciliation Process
 Responsible to train and assist new members of the team

 Assist the Senior Finance Manager in the preparation of Corporate Income Tax and SEC reports and maintain general accounting systems and functions
 Prepare monthly, quarterly and annual reports for Economic Zone Authority
 Act as custodian of all corporate tax and legal documents
 Assist in year-end audit documentation and in preparation of quarterly and annual financial consolidation package
 Assist in internal control documentations and SOX compliance and requirements
 Assist in the preparation of cheques for payment to suppliers/vendors and clearing of vendors' accounts