Senior Accountant
Rethink ME Ltd
Total years of experience :19 years, 3 Months
Working as an outsourced accountant for multiple clients handling full cycle accounting, financial reporting and VAT compliance. Managing of payables and bank payments processing.
Performing end to end accounting which includes Accounts Payable, Accounts Receivable, Fixed Assets, Payroll, VAT and General Accounting.
Accounts reconciliations and clean up
Preparation of management reports.
Ensuring compliance to FTA's VAT requirements by reviewing documents and preparation/submission of quarterly returns.
Assisting and guiding Junior Accountant.
Coordinating with external auditors
Ensure timely and accurate monthly closing of books and present monthly financial reports and analysis
Ensure internal control compliance in all processes
Update Standard Operating Procedures
Provide meaningful financial analysis to support business decisions including but not limited to Profit and Loss/Balance Sheet Forecast, Budget versus Actual Analysis and Cost Estimates
Annual Budget/ Forecast with quartely updates
Product costing and release
Conduct process refresher sessions
Lead Inventory accounting team to ensure accurate and prompt completion of month end processing within the 3 days timeline
Ensure controls are effective and consistent.
Ensure standard costs are maintained accurately and revalued annually
Review accounts reconciliation, variances and cost of sales
Directly coordinate with Internal and External Auditors
Encourage continuous staff engagement and help in the leadership development of the Accountants
Work with Marketing to ensure inventory risk are accurately reported
Member of special projects core group in systems and process improvement for inventory management. Worked closely with IT, supply chain and operations team to design and implement wall to wall counting using scanners.
Intercompany accounts reconciliation
Prepare and reconcile shortage billings to business partners
BS Accounts analysis and reconciliation
Analyze and record inbound, outbound and inter-branch inventory movements
Prepare inventory reports such as sales and purchases summary
Assist in the commentaries relating to inventory movements needed for global reporting
Partner with contact center in assisting field personnel on inventory transaction queries
Closing inventory related transactions such as accruals, deferrals, reclassifications and adjustments
SOX Controls testing
Record inventory related importations including brokers’ charges & freight, computation of actual landed costs and variations against standard costs
Analyze SUC discrepancies between HO and Branch Systems to ensure proper costing of transactions
Prepare quarterly royalty report submitted to Global Finance
Witness inventory destruction together with BIR representatives
Special Assignments:
Worked with IT, Operations & Supply Chain in inventory systems and process improvement. The project aims to fully automate recording of inventory transactions from warehouse and branch systems to finance system through interfaces.
Partnered with Operations and IT on the conception of Branch Inventory Management System (BIMS) to ensure that results are as expected. The project was completely implemented mid 2014.
Handled intercompany recording, invoicing and reconciliation
Acted as temporary team leader
ZEN BY THE PARK, INC. (Wholly owned subsidiary of Solid Manila Corporation
Land Registration Systems (LARES) Due Diligence Audit
-Performed due diligence audit of the company’s liabilities and prepared audit report for the management
Solid Broadband Corporation
-Reviewed the company’s Billing & Collection process
-Determined and summarized the causes of internet disconnection
FS Review Secretariat
-Analyzed Financial Statement of subsidiaries and identified material variances compared to budget and prior period, determined its causes and potential effects on the company
-Prepared FS Minutes for management consumption
Avid Sales Corporation
-Performed performance evaluation as basis for management’s decision making to continue or stop the operations of one of its revenue centers
Solid Video Corporation
-Performed test run of the newly acquired QnE Accounting System
Preparation of Buyer’s Monthly Billings
Monitoring of collection and updating individual customer’s accounts
Perform related clerical duties such as preparation of letters and secretary’s certificates and board resolutions, maintaining files and record system
Monitor and control Cash position of the company
Directly transacting with the company’s depository bank
Directly supervise deliveries and collection ensuring all are remitted to the treasurer
Preparing Financial Reports and Summaries
Prepare Payroll and check vouchers
Assisting the customer service officer in receiving clients requests