Mark Lorenz Malinao CPA CMA

•Reviewing and posting day to day transactions for Payments, Cash Remittances and Credit Card Transactions.
•Prepare monthly payment registers, monthly reports and the required month-end entries.
•Handles payment of staff leave dues, staff settlements, petty cash replenishments, L/Cs & Trust Receipts.
•Analysis of upcoming supplier payments to estimate the fund required
•Processing Local & Foreign Payments as per company policies & procedures for accurate balance and workings.
•Handles some of the responsibilities of the Senior Accountant during his absence or annual leave
•Reviewing payment requests for the whole Juma Al Majid Group.
•Processing the transaction of payment as per company policies & procedures for accurate payment balance and workings. • Prepare payment related to employees within the group, utility companies, refund to customers, etc.
•Follow up with the suppliers and related business units within the group if issues arise so that payments are released efficiently and effectively within due time.
•Posting of staff leave, staff final settlement, petty cash replenishment, and utility bills (e.g. electricity, phone, etc.)
•Post manual payments, cash remittances and credit card transactions.
•Reconcile supplier statement of account against company’s records.
•Prepare monthly reconciliation & review of advances.
• Prepare monthly payment register and monthly reports.
•Monitor supplier accounts for accurate and on time payments.
• Releasing cheque payments.
• Prepare correspondence as needed within the department.
• Reviews reconciliation statement for Foreign & Local Suppliers for the whole group to release payment effectively and efficiently.
• Analysis of upcoming payments and preparation of the relevant documents to estimate the amount of funds required for payments and related cash outflows on timely basis.
• Extracting and generating relevant reports related to supplier payments from the Oracle ERP system.
• Correspond with suppliers & staff related to payments and respond to their inquiries

-Rendered more than 200 hours requirement for On-The-Job Training
•Assists in preparing Individual Tax Return for professionals (e.g Doctors)
•Reviewing and analyzing if internal controls are properly applied (e.g. Cooperative)