Finance and Accounts Manager

Grand Mart Hypermarket

December 2012 to December 2014

? Prepares the weekly cash flow, monitors bank balances of various accounts thru online access.
? Managed the prioritization of payables during tight cash flow periods by scheduling weekly alternate payments, dealing with suppliers, etc.
? Leads in the planning, design and implementation of Microsoft Dynamics AX.
? Overall In-charge of general financial accounting, prepares journal entries, post to the general ledger, monitor accounts payable and account receivable and prepare respective reports.
? Supervises payroll thru Wage Protection System (WPS), goods receipts, purchases and inventory system, credit card claims, mobile card monitoring, inter-branch transactions and finalization of accounts on a monthly basis.
? Prepares financial statements such as trial balance, balance sheet, income statement and cash flow, and analyzes financial reports, does management and cost accounting, manages the Vision accounting software system.
? Monitors and reviews rebates, shelf and gondola rental contracts; ATM rental contract and insurance policies renewal; vacation and termination pay based on UAE Labor Law.
? Coordinates with external auditor on annual audit, deals with banks and Dubai government.
? Motivated and supervised employees to audit past accounting transactions on top of their current job to rectify the books made by the previous accountant in time for the external audit.
? Initiated a financial feasibility budget with Cash Flow for new branches in its 5-year Strategic Expansion plan, with payback period analysis.

Senior Accountant

Grand Mart Hypermarket

May 2008 to August 2012

? Overall In-charge of general financial accounting, prepares journal entries, post to the general ledger, monitor accounts payable and account receivable and prepare respective reports.
? Prepares payroll thru Wage Protection System (WPS), goods receipts, purchases and inventory system, credit card claims, mobile card monitoring and finalization of monthly accounts.
? Prepares financial statements such as trial balance, balance sheet, income statement and cash flow, and analyzes financial reports, does management and cost accounting, manages the Vision accounting software system, inter-branch transactions.
? Monitors and reviews rebates, shelf and gondola rental contracts; ATM rental contract and insurance policies renewal; vacation and termination pay based on UAE Labor Law; Coordinates with external auditor on annual external audit, deals with banks and Dubai gov?t.
? Leads in the implementation of Retail Pro point-of-sale software in the garments branches, linked on the internet via Teamviewer connection assistance.
? Prepares 5-year budgeting based on Strategic Expansion plan, with planned organizational chart.

Comptroller

AB Capital Management

March 2007 to March 2008

? Manages the financial affairs of several foreign subsidiaries created in Singapore and Indonesia.
? Liaise with legal officers for document support and ensure properly documented transactions.
? Coordinates with external auditors in Singapore on audited Financial Statements of affiliates.
? Close coordination visits with accounting/legal personnel based in Singapore, Indonesia.

MIS Manager

Mehitabel Inc.

May 2006 to March 2007

Job Summary: Responsible for planning and output analysis for the Information Systems department. Lead in the implementation of SAP Business One, uniform payroll system, and IT security concerns.
Functions/Job Description:
? Reviews and prioritizes management requests for technology/product development and makes recommendations, as appropriate, on alternative systems options.
? Establishes written policies and procedures for various functions performed in the MIS dept.
? Oversees the daily operational activities of the MIS department.
? Evaluates programming needs, writes development plans, manages and provides thorough analysis on MIS production in a timely manner to fulfill management expectations.
? Identify and recommend adoption of new technologies.
? Continuous updating of knowledge on upcoming hardware/software technologies and industry trends, as well as software updates/patches.
? Plan and evaluate the work of technical and other support staff.

Finance Manager

Mehitabel Inc.

December 2002 to May 2006

Job Summary: Manages the company?s financial affairs, including interim financial statement reporting with support schedules for management decisions. Carries out the company's financial plans and policies, and maintains its fiscal records. The position involves supervision over general and cost accounting, internal operations audit, and budget controls. Handles both Plant 1 at Sanson Road, Lahug, Cebu City and Plant 2 at Tac-an Road, Talamban, Cebu City.
Functions/Job Description:
? Designs, reviews and modifies the accounting system of the company. Ensures the accuracy of data and adherence of the system to Generally Accepted Accounting Principles.
? Audits departmental accounting date, identifies and corrects errors, identifies and computes accruals, applies accounting principles to transactions and recommends revisions in departmental accounting procedures to ensure compliance with applicable statutes, laws, policies and Generally Accepted Accounting Principles.
? Designs internal control systems for all departments to ensure the safeguarding of company assets. Maintain checks on financial expenditures and prudent utilization of resources; make recommendations for improving services and reducing cost in all business operations to include developing improved procedures for cost reduction in office activities.
? Coordinates the annual external audit including preparing financial statements which are audited.
? Prepares the comprehensive financial report and the preparation of supporting statistical schedules used for internal analyses and which is also used for evaluation of the company?s financial soundness by other governments, taxpayers, bondholders and bond-rating agencies.
? Files reports necessary to comply with law and regulations for audits.
? Maintains the fixed asset inventory system by supervising the recording of all items, maintaining pertinent records and ensuring adequate treatment of fixed asset acquisitions.
? Performs special accounting studies, e.g. Preparing cost allocation plans and calculating billings.
? Supervises employees in the department. Responsibilities include interviewing and training employees; planning, assigning, directing work and appraising performance; addressing complaints and resolving problems. Hiring, disciplining and policy decision-making.

Management Accounting Manager

Mehitabel Inc.

June 1999 to February 2000

Job Summary: Leads in the overall cost accounting, product cost for pricing decisions. Coordinate with production managers. Oversees the product and labor cost analysis, cost analysis, inventory, standard costing and variance reporting. Responsible for the accuracy and completeness of cost sheets, Finished Good valuation, cycle count, Raw Material consumption, etc.
Functions/Job Description:
? Leads in the overall cost accounts for internal control: fixed and variable costs, direct and indirect costs, product cost for pricing decisions, standard and actual job costs for variance reporting.
? Conducts regular reviews of the cost accounting and budgeting systems and procedures on direct material costs, direct labor and factory overhead, raw materials inventory cost, work in process and finished goods valuation.
? Supervises, plans, direct, organizes, controls, motivates, and manages the work of staffs of the Management Accounting section.
? Checks and reviews the accuracy, completeness and thoroughness of cost accounting and budget reports, product cost sheets, raw materials inventory costing and stock status reports, work in process and finished goods valuation reports, cycle count and annual physical count reports, raw materials consumption reports, materials inventory turnover reports, direct labor cost reports, factory overhead allocation reports.
? Checks and reviews the monthly financial highlights of direct fixed and variable costs, materials, labor and manufacturing overhead consumed.
? Maintain confidentiality of all documents and supervises the overall budgeting system.

Financial Accountant

Mehitabel Inc.

February 1998 to May 1999

Job Summary: Supervises the financial accounting section, reconciles dollar bank accounts, and certifies check payments. Prepares interim Financial Statements and Highlights on significant fixed-variable costs, financial ratios, etc. For regular management meeting.
Functions/Job Description:
? Financial Statements Generation and Review. Generates the consolidated financial statements and individual Financial Statements. Extracts the cost details summary per department and balance sheet details. Assists in reviewing the financial statements for completeness of the recorded transactions and perform analytical procedures to determine the causes of changes on some real and nominal accounts. Prepares final monthly adjustment when necessary.
? Performs closing of books procedures. Checks the various Great Plain modules for unposted transactions, e.g. Accounts payable module, manual payment module, general journal and quick journal. Reviews the accounts for unaccrued expenses and prompts the staff concerned to prepare an entry accordingly. Performs procedures to identify mispostings of transactions and improper account classification. Extracts the total manufacturing cost for inventory change of Cost Accounting section. Ensures that all the accounts are captures in the FRx software prior to running the final financial statements.
? Reviews unrecorded bank transactions. Determines the account classification of the debit/credit bank advice details, i.e. Bank charges, interest expense, trust receipts payable, loans payable, etc. Counterchecks the passbook or bank transactions summary. Determines the entries of reconciling items. Prepares the reconciling items in the general journal.
? Financial Accounts Monitoring. Maintains database of prepaid expenses and amortizes monthly prepayments. Tracks movements of dollar and peso loans, as well as dollar and peso trust receipts, prepares voucher for application to specific importation. Maintains a database for all insurance policies and their corresponding dates of coverage, and controls payment for all insurance policies.
? Reviews Internal Revenue government remittances. Checks the accuracy of value-added tax (VAT) and Expanded Withholding tax on income payments remittances prior to filing with BIR. Prepares the entries in the Quarterly Income Tax return.
? Reviews the disbursements to ensure these are proper and in accordance with company policies. Determines the existence of approved purchase order, receiving report and supplier?s invoice. Matches the amount invoiced versus the ordered cost, returns the invoice, receiving report and purchase order to cost accounting for any exceptions noted. Checks the voucher for completeness of attachments, footing accuracy, charging to the different accounts and corresponding amounts charged, and the marking of ?Paid? on the voucher and attachments. Examines check details, i.e. Payee, amount in word and figures, date and cross-checking.
? Proposes accounting procedures in conformity with financial policies that affect the payables section. Drafts the updates in existing accounting procedures concerning the payables section in particular, as well as fixed assets management, to conform against changes incorporated in the accounting section. Recommends new accounting procedures, with emphasis on internal control. Analyzes implications of new procedures on Great Plains Dynamics software.
? Fixed Asset Monitoring. Catalogs newly acquired ten classes of fixed assets. Updates fixed assets register for acquisitions, improvements, movements and disposals. Establishes the monthly depreciation expense and allocation to the different cost centers through the lapsing schedule. Prepares the journal voucher to update the accumulated depreciation for the month.
? Performs other functions as deemed necessary. Prepares customized reports aside from the FRx report generator, as needed by management. Prepares customized reports from GP Dynamics to suit the requirements of management. Maintains files for reports, documents and other communications directly relating to abovementioned jobs. Informs the GP systems administrator of new accounts to be opened to update the chart of accounts. Prepares and/or gathers schedules for audit purposes and corresponds with external auditor for any queries on those schedules. Prepares voucher for documents submitted to support liquidation of employees? advances issued through check payments. Traces status of advances of resigning employees in support of their last pay. Drafts intra-department memorandum for approval by the manager and/or Vice President ? Finance. Drafts communications to suppliers requiring formal replies.

BS in Accountancy

Currently studying

Career Goals

Industries of interest

Areas of interest

Availability to travel and work outside the city

No

Interests and hobbies