General Accountant
Union Properties PJSC
Total years of experience :23 years, 0 Months
WORK EXPERIENCE:
Position: Accountant
Company: Union Properties PJSC
Industry: Real Estate Developer
Duration: June ‘2007 - Present
Company Background:
Union Properties PJSC (www.up.ae), one of the UAE leading property investment developers, started Union Property Private Limited in 1987 and floated as a public limited company in 1993. UP delivers superior and comprehensive range of developments with a project portfolio of some of the most unique landmark commercial, residential and leisure developments in the country, acknowledged internationally.
Job Includes:
• Daily monitoring of Bank Statement.
• Daily preparation of Bank reconciliation and highlights areas of delinquency.
• Daily recording of receipts (sales, service charges, leases and other receivable received from the sales and property management department).
• Daily submission of collection report (service charges, sales receivable, rental payment and others) to the Finance Manager
• Prepare ageing report of service charge receivable.
• Daily deposits of all payments received from the sales and property management department.
• Communicate to the bank officer for any deposits discrepancies, bounced cheques and other issues immediately.
• Communicate to sales department, property management department and legal department for any bounced cheques issues immediately.
• Communicate to sales department and property management department for any wire transfer received directly from the clients for verification and receipts issuance.
• Daily review and recording of invoices against the LPO’s received from purchase department approved for payments.
• Act as a center point of contacts with regards to financial settling with suppliers; coordinates follows up; attend to suppliers disputes; report and resolves as required
• Prepare weekly payments of supplier’s invoices with vendors reconciliation attached.
• Provide payables related report as required
• Open new accounts for the company as instructed by the superior.
• Monthly recording of accruals and prepayments
• Monthly closing of Management Report and Reconciliation of major accounts
• Prepare monthly reconciliation of sales receivable against the unit handed over with the coordination of property management department and the sales department.
• Facilitated communication with the internal and external auditors
• Meeting with clients for any outstanding dispute and other queries.
• Monitor the cash flow on daily basis
• Handling the company petty cash fund
• Oversee the uncollected receivables of all units (Retail and residential)
• Assist in preparing the monthly Consolidated Financial Statement report to Finance Manager
Position: Manufacturing Cost Assistant Accountant
Company: CP Kelco Philippines, Inc. (A Huber Company)
Industry: Manufacturing, Processing & Exporting of Carrageenan and other Hydrocolloids
Duration: August ‘2005 - May ‘2007
Company Background:
CP Kelco Philippines. Inc. (www.cpkelco.com) is a wholly-owned subsidiary of CP Kelco ApS ( a Danish Corporation) engaged in the business of manufacturing, processing and exporting of carrageenan. It’s product, carrageenan is a natural gum used as an ingredients in food and personal care products. It is extracted from warm and cold water seaweeds of the variety that thrives abundantly in the Philippines. J.M Huber Corporation (www.huber.com) one of the largest family owned companies in USA) became the ultimate parent company when it acquired CP Kelco Aps in 2004.
Job Includes:
• Management of Accounts Payables
o Process payments of payables to suppliers based on agreed terms through Citibank online payments.
o Liaises with suppliers on queries regarding accounts and/or schedule of payments release
o Ensuring that all A/P checks were properly approved by the authorized signatories
o Reviewing aging A/P for outstanding invoices, verification of accounts, reconciled received payments against vendors accounts balances
• Financial reporting (local and corporate) and statutory compliance
o Ensure high level of integrity of financial information through strong control of data processing and compliance with the new Philippine Accounting Standard (PAS) and Philippine Financial Reporting Standard (PFRS), US generally accepted accounting principles and International Financial Reporting Standards (IFRS).
o Timely closing of books on prescribed monthly deadline such as;
a. Daily encoding of receiving reports, invoices and capex
b. Closing out timely and complete inventory receipts and issuance
c. Closing out timely and complete fixed assets and depreciation
d. Closing out timely and complete purchase price variance (PPV)
e. Closing out timely and complete power and fuel consumptions
o Assigned local and corporate financial reports submitted within the prescribed deadline without major issues such as:
a. Inventory report (2nd day of the month)
b. Purchase Price Variance (PPV) analysis (2nd day of the month)
c. Utilities report (2nd day of the month)
d. Inventory Aging report (20th day of the month)
o Prepare reconciliation report of (GL & SL) the following areas and submitted in the next month such as plant assets, inventories and capex monitoring
o Help keep and maintain database on manufacturing costs based on actual prices
o Conduct monthly actual physical count inventory
o Ensure proper maintenance of accounting records both local statutory reporting (Sun Systems) and US reporting (Hyperion)
• Operating plan & budget, planning and forecasting
o Closely monitor 2006 actual against OP&B as baseline for 2007 OP&B monthly
o Coordinate with various departments for the consolidation and early submission to corporate 2007 OP&B.
• Effective Controls
o Account for the completeness of inventory receipts and issuances
o Help implement findings and recommendation from management letters of external auditors
o Comply with information request of external and internal auditors during examination
Position: Assistant Accountant
Company: DTI Overland Transport Corporation
Address: Buhangin, Davao City, Philippines
Duration: January ‘2004 - October ‘2004
Company Background:
DTI Overland Transport Corporation is a family-owned private corporation engaged in trucking and hauling from different companies in Davao City for almost 25years.
Job Includes:
* Acts as bookkeeper of all farm transaction to documents and update all financial records
* Compute bimonthly payroll of farm tractor operators including contractors operators based on timesheets submitted to determine their salary in a given period
* Prepares the following:
o Bimonthly payments request of all farms to attend to its payables
o Monthly payments to government regulatories and salary loans
o Monthly accomplishment billing of all farms to DTI-O for updating
* Update ledger of real accounts by posting them from the journal to the general ledger
Position: Junior Auditor
Auditing Firm: Lorenzo - Gomez & Co., CPAs (Phils.)
Industry: Audit and Bookkeeping Services
Duration: August ‘2000 - January ‘2004
Auditing Firm Background:
Lorenzo-Gomez & Co., CPAs is a leading professional services firm engaged in audit and bookkeeping services that employs professionals who utilize leading-edge systems and are guided by the highest standards of quality, integrity and competence. Lorenzo-Gomez & Co., CPAs is a member of Association of Certified Public Accountants and Public Practice (ACPAPP) and it was established in 1968.
Duties include :
* Recording of invoices such as sales invoices, official receipts and charge invoice. Preparing monthly and quarterly value added tax, percentage tax, withholding tax and audited annual income tax payments.
* Preparing monthly and quarterly financial statements, annual audited financial statements, cash flows and monthly bank reconciliation.
* Process government clearances for clients
Bachelor of Science major in Accounting