Accounting Manager
First Metro Investment Corporation
Total years of experience :16 years, 8 Months
Head - Financial Control Division (Senior Manager)
Concurrent Head - Accounting Department
May 2022 to November 2022
Head - Accounting and Reconciliation Department (from Junior Assistant Manager to Manager)
November 2011 to April 2022
First Metro Asset Management, Inc. (subsidiary of First Metro Investment Corporation)
Accounting Manager (Concurrent)
June 2020 to April 2021
DUTIES AND RESPONSIBILITIES:
* Oversee the Financial Control Division / Accounting Department functions such as financial reporting, billing, disbursements, bank reconciliation with a focus on ensuring all accounting process align with the PFRS and RAP.
* Prepares accurate, complete and timely financial statements and reporting in compliance with PFRS and RAP.
* Prepares financial reports and analyses for the Senior Management, Parent Company and Board of Directors relevant for the development of strategies, establishment of objectives and decision making that could have financial impact in the Company’s business.
* Evaluate, develop, and improve department controls, systems, and procedures to safeguard the interest of the Company and promote to increase accuracy and efficiency.
* Liaise and build good relationships with internal, external and regulatory auditors. Implements agreed audit recommendations within the agreed timetables.
* Train and motivate accounting staffs by providing constructive feedback and coaching while managing and delegating department’s tasks.
* Keep abreast in the developments of PFRS and local regulations in financial service industry to ensure compliance at all times with the changing financial business environment.
DUTIES AND RESPONSIBILTIES:
* Conduct regular audit of Head Office Units/Branch to evaluate the existing internal control in order to determine its adequacy and effectiveness as well as adherence to prescribed policies and procedures and to recommend changes or additional control measures where necessary.
* Conduct the count of cash, various basic and legal documents and other accountabilities and evaluate the general control environment of Head Office Units/Branch in order to determine compliance to the minimum internal control requirements and adherence to prescribed policies and procedures.
* Prepare Interim Audit Reports and Final Audit Reports for regular audits
INDUSTRY EXPOSURES:
Financial Institution
Asset Management
Mutual Funds
Pre-need Company
Service Company / Condominium Association
DUTIES AND RESPPONSIBILITIES:
* Prepare auditor’s report; assist clients in preparation of audited financial statements, income tax returns and related schedules and analyses required by the Securities and Exchange Commission; where applicable, letters of recommendations to management and correspondences relative to the engagement.
* Perform walkthroughs to understand clients’ businesses, significant business processes and systems; develop and maintain client relationship by obtaining knowledge about the client’s business and industry practices and performing audit process using the up-to-date professional techniques and procedures.
* Evaluate the client’s accounting system and controls in place to identify weaknesses and other areas of improvement.
* Proactively articulate with the supervisors and managers the progress on assignments and conform to the Firm’s administrative policies and requirements and those of clients as applicable. Communicate to supervisor and managers the areas in the audit engagement where can be improved while being alert to the client problems and issues which also needs improvements.
* Perform overall financial statement analyses; execute the planned standard and customized audit tests of controls and audit procedures
* Supervise and review the work of the associate auditor(s) assigned to a specific job
* Ensures accurate and timely encoding of various liability and expense accounts.
* Properly monitors and accounts the issuance and negotiation of checks and maintain updated and accurate subsidiary ledger of the all outstanding checks.
* Ensures zero discrepancy of balance per books and accounting schedules.