Senior Accountant
Alfardan Medical with Northwestern Medicine
Total years of experience :10 years, 0 Months
Payroll
Validated and processed payroll (WPS)
Reviewed payroll accruals and Salary Register and approved the same in the system
Reviewed and processed full and final settlements
Audit
Handled external and internal audits by providing requirements needed by auditors, answering audit- related queries, and reconciliations
Budget
Assisted in budget preparation by providing schedules relative to costs and expenses (Payable side)
Data Analysis
Prepared Doctor’s Performance Report based on physicians’ revenue vs payout cost and prepared PowerPoint presentation on a graphical format
Prepared Profitability Report based on different cost drivers’ allocation and prepared PowerPoint presentation on a graphical format
Month-end Closing
Reviewed and posted payment and collection transactions, identified monthly discrepancies and initiated any corrective actions or adjustments
Facilitated in preparing Intercompany Reconciliations on monthly and quarterly basis
Posted and settled postdated cheques and bank transfers and prepared Bank Reconciliations
Reconciled financial discrepancies by collecting and analyzing account information and adjusted account balances
Calculated, processed, and booked Physician’s Incentive
Prepared Accrual Schedule for Long-term Loan and booked Long-term Loan Interest
Treasury
Monitored bank transactions on daily basis and coordinated with banks to facilitate bank-related requests and drawdowns
Prepared Bank Position Report for Cash Flow Projection
Prepared Treasury Report to monitor bank balances and updated loan amortization on monthly basis
Facilitated closing of accounts, opening of credit card applications and any bank-related adhoc requests
Coordinated with Revenue Cycle Management Department to reconcile and posted collections on real time basis
Tax
Filed Withholding tax in Dhareeba Portal on monthly basis
Supervision and Review
Supervised accountants and reviewed their works such as processing invoices, employee claims, allowances and advances, petty cash replenishments, and credit card replenishments
Assisted on issues being faced on daily basis with vendors, related-parties and employees
Others/Ad hoc Tasks/Process Improvement
Cleared long outstanding invoices, final settlements, employee claims, allowances and advances
Addressed challenging situations and queries on daily basis from management, employees and external parties
Recommended solutions on case to case basis particularly in areas of regularizing documents, proper workflow processes and coordinated with system consultants to solve system issues
Identified transactions which don’t conform with company policy and presented recommendations to solve it
Prepared reports for management’s awareness of any deviation from usual expenses incurred for a particular period in order to address these deviations
Assisted Insurance department in opening new accounts with various Insurance companies by providing pertinent forms and legal documents needed
Financial and Management Reporting
Prepared monthly Financial Statements as follows: Trial Balance; Profit or Loss; Balance Sheet; Cash Flow; and Accounts Reconciliation
Prepared monthly Management reports with Variance Analysis
Prepared yearly Budget reports
Prepared P&L forecast and projection reports and Cash Flow Projections
Prepared and monitored supporting files needed for financial reports as follows:
Accruals, Deferrals and Prepayments, Balance Confirmation and Inter- company Reconciliations, Aging report, Rent and expenses amortization, Summary of Bank Transactions, Costing, Loan Amortization schedules and Loan Status, Payments Summary, Cash Call Summary, Tenancy Agreement and Rental fee status, Rent Statements Summary, Insurance Policies Summary, Service Charges
Audit
Handled external audits by providing requirements needed by auditors, answering audit- related queries, and reconciliations
Tax
Provided requirements for tax filing related with London-based Properties
Payment Processing
Reviewed invoices and processed transfer payments and cheques of external suppliers, related-parties, fund transfers and loan interest payments
Others/Process Improvements
Substantiated financial transactions by auditing documents, cleaning-up accounts of prior period bookings and reconciling financial discrepancies
Recommended and implemented policies and procedures for Petty Cash (Qatar) and Float (London) liquidation and replenishment processes
Reconciled funds managed by Property Managers in London
Coordinated with London-based teams to ensure up-to-date status of properties and handled daily queries
Filed Journal vouchers and ensured completeness of monthly transactions
Assisted in preparing Masterfile for SAP HANA Interface (FICO Module), specifically for Vendor Master data, Chart of Accounts, Initial Balances, Profit and Cost Center
Administered migration of accounting system from SAGE 50/ Peachtree Software to SAP HANA
Prepared adhoc financial reports needed by top management
Financial and Management Reporting
Prepared monthly Financial Statements as follows: Trial Balance; Profit or Loss; Balance Sheet; Cash Flow
Prepared monthly Management reports with Variance Analysis
Prepared one-year Cash Flow Projection and Budget report
Supervision and Validation of reports
Reviewed month-end reports such as Journal Vouchers, Adjusting entries, Tax Returns, and Statutory Reports
Reviewed all financial documents as follows: Billing Invoices, Cheque Vouchers, Cheques and Airline Remittances, Airline Refunds and Airline Debit Memo’s
Bookkeeping and Reports
Prepared month-end schedules as follows:
Check Inventory (July 2013- April 2014);
Bank Reconciliation (July 2013- March 2015);
Expenses Payable (July 2013- March 2015);
Advances to Employees (July 2013- March 2015);
Accounts Payable AP Local- Vendor Aging (July 2013- April 2014);
VAT Clearing (July 2013- April 2014);
Intercompany Reconciliation Statements (Accounts Payable) (July 2013- March 2015);
Statutory and Taxes (July 2013- March 2015);
PPE Lead and Lapsing Schedules (April 2015- August 2015);
Fixed Asset Transfer Reports and PPE Reconciliation (April 2015- August 2015);
Budget vs. Actual Variance Analysis (April 2015- August 2015);
Overtime Analysis (April 2015- August 2015);
Seat Inventory (April 2015- August 2015);
Completeness of Journal Entries (April 2015- August 2015);
Conso-Pack for Depreciation and Accumulated Depreciation (April 2015- August 2015)
Posted journal entries and analyzed accounting transactions to perform accounting adjustments if necessary
Facilitated in preparing real-time schedules needed by the supervisors as follows:
Budget Reports, IT Retainer Fees Monitoring and Costing, Petty Cash Count, CAPEX Budget vs Actual Monitoring and HRMG Budget vs Actual Monitoring
Payment Processing
Processed sales invoices and billing statements of external suppliers and sub-groups
Checked external client’s Documents- PRM’s, Debit Advices, Checks and CWT’s
Validated Payment Requisition Memoranda (PRM’s) for employees’ payroll
Prepared manual checks for new hires and resigned employees’ settlement pay
Processed employees’ reimbursements, cash advances and corresponding liquidations and petty cash funds
Audit and Tax
Assisted finance manager and team leader in the preparation of schedules and reconciliations needed in the BIR (Tax Agency) and External and Internal Audit Requirements
Supervision
Trained and supervised 6 new accountants
I was an active member of our college organization named Junior Philippine Institute of Accountants. I got scholarship during my second semester as a result to obtaining a very good GPA.