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Wah Wah Htoo, Senior Accountant

Wah Wah Htoo

Senior Accountant·Magnify Myanmar Company Limited

Myanmar

Bachelor's degree, Literature And Languages

Work experience

Total years of experience: 10 years, 2 months

Senior Accountant

November 2020 - February 2025

Magnify Myanmar Company Limited

Yangon, Myanmar

November 2020 - February 2025

• Spearheaded timely and accurate month-end, quarter-end, and year-end financial closes, enhancing overall reporting efficiency.
• Led annual budgeting and forecasting initiatives, ensuring precision in reports, forecasts, and budgets to support strategic decision-making.
• Oversaw comprehensive accounting and finance operations, including invoicing, receipts, expenditures, cash flow management, and bank reconciliations, with a focus on accuracy and timeliness.
• Monitored revenue and expenses rigorously, enforcing budget accountability to optimize financial performance.
• Evaluated financial processes and implemented improvements, contributing to enhanced operational efficiency and compliance.

Company industry:
Social Services
Job role:
Accounting and Auditing

Senior Auditor

December 2018 - October 2020

Senior Auditor (Dec 2018 – Oct 2020) Daw Myint Myint Toe Certified Pubilic Accountant Company Limi

Yangon, Myanmar

December 2018 - October 2020

• Executed comprehensive bookkeeping using Peachtree and ERP systems, ensuring accuracy in full sets of accounts and financial statement preparation for diverse businesses.
• Conducted thorough evaluations of financial statements in compliance with IFRS/IAS standards, enhancing reporting quality.
• Oversaw the assignment of tasks to audit staff, providing guidance and reviewing their outputs to maintain high standards of work.
• Engaged with clients to establish work procedures and clarify the scope of assignments, fostering strong professional relationships.
• Developed insightful management reports highlighting control weaknesses, offering actionable recommendations for improvement.

Company industry:
Accounting

Finance Executive

November 2017 - November 2018

Arr Thit Man Co., Ltd

Yangon, Myanmar

November 2017 - November 2018

• Analyzed and reviewed cost margin and gross margin reports to enhance financial decision-making.
• Executed daily and month-end cost roll utilizing an in-house built costing system for accurate financial tracking.
• Reviewed standard costing and internal costing allocation matrix, focusing on fixed and variable costs to optimize budgeting.
• Ensured timely and accurate submission of inventory and gross margin reports, improving reporting efficiency.
• Computed monthly cost consumption and analysis reports, identifying trends to inform strategic planning.
• Collected, analyzed, and summarized accounts information to support financial reporting and compliance.
• Conducted ongoing review and analysis of product costing, contributing to cost management initiatives.
• Managed financial operations effectively, paving the way for a transition into roles such as Accountant, Senior Accountant, and Finance Officer.

Company industry:
Manufacturing

Accounts Executive

March 2016 - October 2017

Bindez Myanmar Co., Ltd

Yangon, Myanmar

March 2016 - October 2017

• Analyzed and compiled account information to prepare and record entries for assets, liabilities, revenues, and expenses, enhancing financial accuracy.
• Updated, verified, and maintained comprehensive financial records, including accounting journals and ledgers, ensuring compliance with accounting standards.
• Reconciled and maintained cash and bank balances through meticulous verification, allocation, and posting, effectively resolving transaction discrepancies.
• Ensured the accurate, timely, and complete maintenance of all accounting records, contributing to streamlined financial reporting.
• Prepared detailed profit and loss accounts, providing valuable insights for financial decision-making and strategic planning.

Company industry:
Software Development

Junior Accountant

January 2015 - February 2016

Synnex Myanmar Co., Ltd

Yangon, Myanmar

January 2015 - February 2016

• Collaborated with the Senior Accountant to manage comprehensive accounts using Express Accounting Software, ensuring accuracy in accounts payable, accounts receivable, and general ledger.
• Efficiently processed invoices and issued cheques, payment vouchers, and receipt vouchers, enhancing the payment cycle.
• Fostered strong communication with suppliers and subcontractors to resolve invoicing and payment-related inquiries, improving vendor relationships.
• Updated debtor payment details in the accounting system, proactively following up on outstanding payments to minimize overdue accounts.
• Developed a keen understanding of financial processes, positioning myself for roles such as Accountant, Accounts Executive, and Finance Officer.

Company industry:
Computer Hardware & High-Tech Manufacture

Education

Pyay University

September 2010

September 2010

Bachelor's degree, Literature And Languages

Myanmar

Skills

Software Proficiency
Expert
Software Proficiency
Expert
Administration
Expert
Administration
Expert
Costing
Expert
Costing
Expert
Accounting
Expert
Accounting
Expert
Financial Reporting
Expert
Financial Reporting
Expert
MYOB Software
Expert
MYOB Software
Expert
Peachtree Software
Expert
Peachtree Software
Expert
Xero Software
Expert
Xero Software
Expert
ERP SAP software
Intermediate
ERP SAP software
Intermediate
Tally Software
Intermediate
Tally Software
Intermediate
QuickBooks
Intermediate
QuickBooks
Intermediate

Languages

English

Intermediate

Training and Certifications

Certifications
Job Training for Professional Accountant
Jun 2023

Training
Certificate of International Financial Reporting Course
Excellent Choice Institute of Finance and Managment
Jun 2020

Hobbies and interests

My hobbies and interests include practicing yoga for health, watching movies to improve language lea