Accountant
Educon Management Consultancy
Total years of experience :4 years, 6 Months
KEY PERFORMANCE HIGHLIGHTS:
Established and modified a comprehensive accounting & financial reporting package to reflect growing organizational complexity
Reconciled a Partner's investment bank account from 2014 up to 2017 to correctly reflect each Partner's share in the personal bank account
Developed a working income statement of a real estate portfolio for the year 2016 and 2017
Analyzed and prepared financial ratios of each income and balance sheet accounts and researched reporting issues to improve accounting operations procedures
MAJOR FUNCTIONS:
Substantiates day-to-day financial transactions by analyzing and interpreting accounting information from various accounting sources (e.g. purchase orders, invoices, contracts, client agreements)
Performs monthly bank reconciliations of at least 5 corporate bank accounts
Ensures correct posting of journal entries in accounting software and maintains general ledger and schedules of each asset/liability/equity accounts
Monthly reconciles all intercompany transactions and ensures proper accounting journal entries and/or adjustments are prepared
Monthly reconciles accounting discrepancies and prepares adjusting journal entries and reversals where necessary
Monthly updates schedules of prepayments, fixed assets lapsing, software subscription, etc. and prepares month-end accruals and other monthe-end adjustments
Prepares financial statements including Balance Sheet, Income Statement and Cash Flows of Companies engaged in Real Estate, Project, Consulting, Automotive within the group
Ensures financial reports comply with International Financial Reporting Standards (IFRS) and accounting policies and principles
Assist the auditors during the financial year-end audit
Other Functions:
Deposits and encashes cheques received from customers and funds received from shareholders
Prepare purchase orders, invoices, vouchers, cheques, and telegraphic transfer payments to international suppliers
Prepares quotation and cash payments vouchers of office and pantry supplies upon reaching reorder point
Prepares monthly employee payroll and computes employee benefits including (leave, gratuity, airfare, and other employee entitlements as per UAE labor law) and ensures salaries and benefits are paid off timely
Performs some HR and Admin functions (e.g. receipt of calls, monitors visa processing, employee leave monitoring, application of car rentals for employees, filing of HR and Admin documents aside from accounting files)
Collect, confirm, and process timesheets and overtime of employees
Updates mandatory contribution of employer and its employees (e.g
SSS, Philhealth, and Pagibig) including previously unpaid
contributions
Verify taxes and other deductions
Prepares monthly payroll of employees in month end reporting
procedures
Computes monthly and annual income taxes on compensation of
employees
Perform filing and general administrative tasks
Prepares audit programs and other audit procedures
Conducts understanding business processes and transactions of the
clients in different industries (e.g retail, automobiles, real estate,
pharmaceutical) which assist in identification of risk factors
Performs walkthrough procedures on significant transactions (e.g.
Order-to-Cash, Purchase-to-Pay, Inventory Management, Payroll
Process and Financial Statement Closing Process) during evaluation of
an organization’s accounting controls and risk management measures
Conducts substantive procedures including:
* Testing classes of transactions, account balances, and
disclosures
* Agreeing the financial statements and accompanying notes to
the underlying accounting records
* Examining material journal entries and other adjustments made
during the preparation of the financial statements
Reviews schedules, contracts, and other agreements entered into by
the clients and prepares complete documentation using EY Global
Audit Methodology (EY GAM)
Prepares summary of audit findings and communicate them to the
client
Drafts audit reports, financial statements, income/business taxes
returns, management letter and other client communications
Financial data encoding
Journalizing of government transactions such as purchasing of raw
materials from suppliers
Preparation of certain consolidated financial statements - regional
level, budgets and other monthly reports
Reconciliation of accounts of each bidder.
Secondary Level (Valedictorian)
Primary Level (With Honors)