Michael Cabuang, Accountant

Michael Cabuang

Accountant

Samsung Saudi Arabia. Co. Ltd

Location
Saudi Arabia - Jubail
Education
Bachelor's degree, Accountancy
Experience
18 years, 8 Months

Share My Profile

Block User


Work Experience

Total years of experience :18 years, 8 Months

Accountant at Samsung Saudi Arabia. Co. Ltd
  • Saudi Arabia - Jubail
  • My current job since March 2014

• Carry out reporting, technical and administrative functions in staff benefits and payroll aspects.
• Guarantees precision of company payroll by reviewing departmental pay authorizations and validating reductions from wages.
• Handles the settlement of salaries and wages through the accounts structure and develop periodic payroll reports for the labor department and other organizations.
• Evaluates payroll for conformity with organization’s budget, staff wages and policies, withholding regulations such as internal revenue service policies for withholding and reporting, as well as record keeping assessments.
• Handles personnel and pay documents for the company staff to guarantee precise integration of such documents with the benefit and payroll systems.
• Make use of computer to handle, program, and retrieve information for reports and analysis.
• Preserves awareness of prevalent principles and regulations relevant to payroll, benefits and retirements, and guarantee prompt and precise processing of payroll benefits, claim payments and insurance benefits.
• Give suggestions on modifications in payroll policies and procedures.
• Supervises modifications in regulations and laws relevant to payroll which calls for organization policy modifications, and inform the administrator of the company.
• Handles continuous contact with head of departments programming personnel as well as Federal and State agencies.
• Offer technical assistance to company departmental staff.
• Organize interdepartmental billings of additional benefits.

Senior Credit Officer at Hyundai Commonwealth
  • Philippines
  • October 2008 to February 2014

• Accomplishes accounts receivable human resource objectives by selecting, orienting, training, assigning, scheduling, coaching, counseling, and disciplining employees; communicating job expectations; planning, monitoring, appraising job contributions; recommending compensation actions; adhering to policies and procedures.
• Meets accounts receivable operational standards by contributing information to strategic plans and reviews; implementing production, productivity, quality, and customer-service standards; resolving problems; identifying system improvements.
• Meets accounts receivable financial standards by providing annual accounts receivable budget information; monitoring expenditures; identifying variances; implementing corrective actions.
• Collects accounts by contacting customers referred by clerks; investigating circumstances of non-payment; negotiating and resolving conflicts; expediting payment.
• Supports financial planning by forecasting cash.
• Updates receivables by coordinating and monitoring daily sales order processing and bank remittance transactions.
• Evaluates clients’ credit data and financial statements in order to determine the degree of risk involved in lending money to them.
• Prepares reports about the degree of risk in lending money to clients
• Analyzes client records and using the data to recommend payment plans.
• Maintains financial security by adhering to internal accounting controls.
• Maintains accounting ledgers by posting monthly account transactions.

Accounting Staff at Ancar Motor Group of Companies
  • Philippines
  • July 2004 to June 2007

as a Cost Accounting
• Responsible in preparation of Cost of Goods Manufactured
• Responsible for product costing and analysis
• Responsible for overhead allocation control
• Responsible for the monitoring of Material, Labor and Overhead encoding
• In charge in Inventory system and design
• Responsible for production’s petty cash disbursement checking
• Responsible for production’s accounts payable checking and monitoring

as a General Accounting
• Prepares monthly and yearly Financial Statement (Income Statement, Balance Sheet)
• Prepares correcting entries and adjusting entries
• Prepares journal entries
• Account’s reconciliation of subsidiary ledger to general ledger
• Prepares bank reconciliation
• Prepares and monitors monthly aging of receivables report
• Preparation of billing and statement of accounts
• Monthly recording of sales
• Preparation of sales commission

Education

Bachelor's degree, Accountancy
  • at San Carlos College
  • March 2003

• Graduated Cum laude Awards and Recognitions: • Campus Journalism Award • 2001 Leadership Award • 1st Place in Accounting Quiz Bee, 2003 • 2nd Place in Accounting Quiz Bee, 2001 • 1st Runner Up in Editorial Cartooning • 3rd Place in Pascal Programming • 2nd Place in Microsoft Word

Specialties & Skills

Accounting
Administrative
Computer Hardware Troubleshooting
Microsoft Office Applications

Languages

English
Intermediate