Accounts Officer
Supreme Group
Total years of experience :19 years, 11 Months
• Handles the Accounting for the Water Bottling Plant, Technical Services, Construction and Catering Business Subunits.
• Reviews and analyzes the cashbooks and posts the entries to the general journal.
• Books all intercompany and intra-company expense transactions in the accounting system.
• Raises 3rd party and Intercompany invoices and sends them to the respective customers and business units with the complete supporting documents.
• Prepares the consolidated Balance Sheet and P&L Statement.
• Reviews the consolidated financial statements, analyzes and monitors the revenues, costs and expenses to ensure compliance with budget by performing monthly variance analyses.
• Performs reconciliation and analysis of the Balance Sheet accounts and maintains the supporting documents.
• Conducts quantitative analysis of financial data for the preparation of the annual and monthly budgets.
• Performs cost accounting, financial and management accounting and reporting as well as variance analysis for the Water Bottling Plant, Technical Services, and Construction business subunits.
• Assists the Financial Controller in analyzing the P&L by gathering financial information to support the analysis and make the necessary adjustments.
• Assists the Inventory Accountant in inventory related issues and performs year-end inventory count.
• Assists the Financial Accountant with ad-hoc reporting and analysis.
• Assists the Fixed Assets Accountant with asset related transactions.
• Liaise with the Depot Accountants to resolve issues, coordinate the implementation of accounting control and procedures and conduct training when necessary.
• Travels regularly to different locations of operation to cascade new business procedures, understand the business, and propose process improvements.
• Interacts with external as well as internal auditors in completing audits.
•Monitored proper valuation of hydrocarbon products, materials and stocks for Germany, Austria and Switzerland.
•Assisted in establishing, implementing and documenting new policies and procedures related to inventory for Germany, Austria and Switzerland.
•Performed month-end accounting activities, including reviewing and analyzing all inventory related entries to the ledger and financial statements to provide accurate inventory valuation and reporting.
•Monitored and maintained integrity of inventory data by ensuring sufficiency of controls over inventory accounting.
•Monitors the proper and correct set up of materials in SAP.
•Performed Stock Valuation and Margin Analysis and Price Difference Analysis.
•Handled the creation and maintenance of exploration, capital, and expense projects as well as the maintenance of the capital budget.
•Monitored the work-in-progress (WIP) balances on the projects and making the entries to drop the WIP charges to plant to begin depreciation.
•Responsible for the projects and budgets associated with large, sometimes more complex assets, as well as exploration projects.
•Provided thorough monthly account and fluctuation analysis for the various balance sheet accounts, including prior period adjustments and accruals.
•Ensured the accuracy of accounting for unit of production (UOP) and straight-line assets, including CAPEX additions, depreciation, fluctuation analysis, abandonment recordings and exploration reclassification.
•Performed monthly, quarterly and annual fluctuation analysis.
•Monitored all Property balances, providing explanations for all non-current, non-aging, or unanalyzed balances.
•Performed initial monthly production volume comparison between Revenue G/L and depreciation keys.
•Investigated and provided comments on production differences from the Monthly Production Volumes Comparison.
• Made sure to understand the nature of clients’ business and conducted audit field works.
• Assisted the Partner, Manager or the Supervisor in the implementation of audit programs and plans.
• Prepared analyses and audit reports for the review of the Supervisor, Manager or the Partner.
• Performed the examination of financial statement accounts in accordance with GAAS.
• Reported to the Senior Manager who was directly responsible for, and provided conclusions about, each phase of the assigned audit engagement.
• Kept abreast of current accounting principles, Philippine income tax regulations, audit standards, internal control procedures, and relevant industry and company information.
• Prepared journals, ledgers and trial balance, financial statements, tax returns and related schedule of accounts.
• Performed Bank Reconciliation on a weekly and monthly basis.
• Prepared year-end requirements and other government reportorial requirements.
• Performed inventory costing, analysis, cost allocation and year-end physical inventory count.
• Performed variance analysis and financial statements analysis.
• Prepared monthly payroll of clients’ staff.
• Performed Cost Accounting to clients engaged in manufacturing business.
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