Accountant
Edrak International for Commercial Services
Total years of experience :16 years, 3 Months
▪ Prepare various financial statements such as Balance Sheet, Income Statement and Statement of Cash Flows for Management use
▪ Prepare Journal Vouchers (JV) entries daily in the General Ledger (GL)
▪ Prepare monthly accrual journal entries before closing cut-off
▪ Prepare monthly bank reconciliation
▪ Checks, review all invoices if these are legitimate, accurate and duly approved before payment
▪ Prepare monthly payroll
▪ Checks and reconcile investment accounts quarterly
▪ Checks, review petty cash liquidations
▪ Checks and review all expenses if duly authorized and supported with proper receipts
▪ Review and examine all financial records to ensure its accuracy and completeness
▪ Ensure that statements and records comply with pertinent laws and regulations
▪ Responsible for the computation of the correct amount of Value Added Tax (VAT) due and payable for the quarter
▪ Responsible for the computation of the correct amount of annual Zakat payment
▪ Prepare various financial statements such as Balance Sheet, Income Statement and Statement of Cash Flows for Management use
▪ Prepare daily, weekly and monthly Sales and Collection Report
▪ Prepare Journal Vouchers (JV) entries daily in the General Ledger (GL)
▪ Reconcile daily sales collections against bank statements/ records
▪ Prepare monthly accrual journal entries before closing cut-off
▪ Prepare monthly payroll
▪ Prepare monthly bank reconciliation
▪ Checks, review all invoices if these are legitimate, accurate and duly approved before payment
▪ Checks, review petty cash liquidations
▪ Checks and review all expenses if duly authorized and supported with proper receipts
▪ Review and examine all financial records to ensure its accuracy and completeness
▪ Ensure that statements and records comply with pertinent laws and regulations
▪ Perform annual inventory
▪ Prepare various financial statements such as Balance Sheet, Income Statement and Statement of Cash Flows for Management use
▪ Prepare Journal Vouchers (JV) entries in the General Ledger (GL)
▪ Prepares daily, weekly and monthly Sales and Collection Report
▪ Checks, review daily sales invoices, payment/receipt vouchers entered in the GL
▪ Checks, review all invoices if these are legitimate, accurate and duly approved before payment
▪ Checks, review payments/ refunds made to suppliers if duly approved prior to payment
▪ Checks, review expenses if duly authorized and supported with proper receipts
▪ Prepare monthly accrual journal entries before closing cut-off
▪ Prepares monthly bank reconciliation
▪ Review and examine all financial records to ensure its accuracy and completeness
▪ Ensure that statements and records comply with pertinent laws and regulations
▪ Performs professional internal auditing work. Work involves conducting performance, financial and compliance audit projects; may act as a leader of the audit team assigned to conduct examination of moderate to high risk units or those with complex business processes; providing consulting services to the organization's management and staff; and providing input to the development of the annual audit plan; and assists in the training and coaching to internal audit staff. Maintains all organizational and professional ethical standards. Works under limited supervision with moderate latitude for initiative and independent judgment.
▪ Assists in identifying and evaluating the organization’s risk areas and provides input to the development of the annual audit plan. Reviews available materials/reports from internal and external sources to determine critical areas and audit approach.
▪ Ensures the completeness/adequacy of materials/supplies need for the audit engagement.
▪ When acting as audit team leader, assesses the extent of the audit work and distributes the activities among members of the audit team. Direct, organizes and controls the activities of the members of the audit team to ensure that audit objectives are met. Oversees the audit team in the actual implementation of the audit work program, reviews the audit working papers prepared by the audit team members and ensures that special instructions and other significant matters are done/complied with.
▪ Performs audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures, closely coordinating with other members of the audit team.
▪ Conducts interviews, reviews documents, develops and administers surveys, composes summary memos, and prepares working papers.
▪ Identifies, develops and documents audit issues and recommendations using independent judgment concerning areas being reviewed.
▪ Discusses promptly with the Supervising Officer and Audit Section Head or the Department Head those concerns of utmost/immediate importance before presenting to the officers of audited branch / unit.In the absence of the Assistant Section Head, Section Head or the Department Head, presides the opening and exit conference with the audited branch / unit.
▪ Communicates or assists in communicating the results of audit and consulting projects via written reports and oral presentations to management and the board of directors. Prepares the preliminary audit report and submits the same together with the working papers to the Assistant Section Head or Section Head for review and discusses the result of the audit engagement to the Assistant Section Head or Section Head and/or the Department Head.
▪ Consolidates the liquidation of cash advances and summary of expenses incurred during the course of the audit engagement.
▪ Develops and maintains productive audit client's officers and staff relationships through individual contacts and group meetings. Conduct meetings with audit team members whenever necessary.
▪ Pursues professional development opportunities, including external and internal training and professional association memberships, and shares information gained with co-workers.
▪ Provides or assists in training, coaching and guidance to internal audit staff in conducting audits and other audit-related issues. Evaluates and rates the performance of the assisting auditors, and assists in the training/supervision of new auditors and preparation of training materials.
▪ Assists and closely coordinates with the audit team leader in the performance of audit activities and in his absence, assume the audit team leader's functions.
▪ Represents internal audit on organizational project teams and at management meetings.
▪ Performs related work as assigned by audit management.
▪ Prepares monthly and quarterly accounting reports
▪ Prepares manually raised entries and encodes in the GL system
▪ Batches and vouches over the counter transactions
▪ Generates files and keeps all reports pertaining to the accounting section
▪ Performs start and end of day activities pertaining to the accounting section
▪ Prepares outgoing checks
▪ Performs financial audit engagements to various clients.
▪ Review client’s financial statements such as Balance sheet, Income statement and Statement of Cash flow if no misrepresentations were made and if it was prepared in accordance with Generally Accepted Accounting Principles (GAAP)
▪ Discuss to clients the results of the audit engagement being performed
▪ Responsible for the preparation of the final audit report for review to audit supervisor.
▪ Responsible for the safekeeping of audit working papers
Bachelor of Science in Accountancy Liceo de Cagayan University RNP Boulevard, Carmen, Cagayan de Oro March 2003