MERCELITA C. DE GUZMAN
Walnut, CA *****
Independent Consultant - 03/2014 to 09/2018
Assistant Controller, 211 LA County – San Gabriel, CA 04/2018 to 09/2018
●Assist in developing, implementing and maintaining accounting systems, practices, procedures and controls which conform to generally accepted accounting principles (GAAP), non-profit accounting practices, and government funding regulatory requirements.
●Assist in compiling and analyzing financial information for preparing periodic financial statements and reports for management, Board of Directors, grantors, and other funders.
●Ensure timely and accurate and month-end and year-end close.
●Prepare and provide required financial data and audit schedule to outside CPA and LA County auditors.
●Administer all grants and contracts and keeping track of multiple funding sources.
●Process monthly invoice/billing based on contract agreement.
●Attend to regular meetings with program managers and supervisors.
●Collaborate with the Controller in preparing annual budget of revenues and expenses for various grants, programs, and contracts; analyze expenditures; and investigate and document significant variances from budget and make appropriate recommendations for accurate allocation and utilization of funds.
●Assist in maintaining cash flow and collection of accounts receivables.
●Review monthly bank reconciliations and serve as backup contact for all bank relations.
●Perform special assignments and other duties as assigned and in accordance with the established agency mission and values.
Accounting Manager, Peoples Care Health Systems, Inc. – Chino Hills, CA 06/2015 to 02/2018
●Oversee daily operations of the department including banking activities.
●Monitor billing and collections via Data Soft Logic and HospiceMD software, ensure accurate cash applications for Medicare, IEHP, Medi-Cal, and other private insurances.
●Review and audit all check requests and expense reports to insure that supporting documentation is complete and appropriate.
●General ledger and bank accounts reconciliation and analysis.
●Review and analysis of monthly and quarterly financial statements (actual vs. budget).
●Responsible for month-end and year-end closing.
●Lead annual outside CPA audit, periodic state and investors audit.
●Supervision of staff - accounts receivable, accounts payable, and payroll.
●Perform various special projects for the Department of Developmental Services
and regional centers, and private entities requirements.
Property Accountant, Smart and Final Stores, LLC. - Los Angeles, CA 03/2015 to 05/2015
●Filing of business property statement for all 300 + stores, analysis and review of prior year’s filing.
●Lead the county assessor’s audit of prior year’s filing.
●Review coding of property tax installment payment on each store and approve payment.
●Maintain record of property tax installment payment in excel.
●Review prepaid expenses and accruals pertaining to the property tax payment and make necessary
adjusting journal entries.
●Review CAM billings and approve invoices for payment.
●Assist in month-end processing.
Loan Accounting Manager, Greenbox Loans, Inc. - Los Angeles, CA 03/2014 to 02/2015
●Review accounting documents for accuracy, clarity, and compliance with company’s
policies and procedures, accounting standards, and relevant laws and regulations.
●Prepare and maintain accounting records, including but not limited to mortgage loans
held for sale and for investment, accounts receivable, and accounts payable.
●Import and analysis of borrowers information, funding, and purchase reports from loan
●Import and analysis of disbursement and settlement reports from warehouse lines loan system.
●Review and reconcile warehouse lines trial balance and aging report.
●Perform general ledger and bank accounts reconciliation, including warehouse line accounts.
●Responsible for financial statements format, general ledger accounts system set-up and maintenance.
●Responsible for month-end close processing, and bi-weekly payroll ADP processing.
●Prepare and analyze monthly financial statements, and necessary journal entries.
●Supervise an accounts payable and loan post-closing staff.
●Report directly to the president/owner of the company.
●Identify and recommend efficiencies that can be achieved through system enhancements.
●Other special projects as assigned.
Senior Accountant, Ventura Foods, LLC, - Brea, CA 04/2007 to 02/2014
●Perform month-end close which includes reviewing and posting all inventory related automated journal entries. Prepare journal entries for inventory usage variances, shipping accruals, and variance close-outs. Review and post divisional journal entries. Review Divisional Financial Statements for accuracy.
●Review Divisional Financial Statements for variances and write financial notes.
●Reconcile and analyze all inventory in-transit and payable accounts. Prepare any adjusting journal entries.
●Reconcile and analyze various General Ledger accounts. Prepare any adjusting journal entries.
●Provide support for Divisional Controllers and accounting personnel. Answer questions, resolve issues, and serve as a resource for accounting procedures and policies.
●Act as a liaison between the divisions and HQ.
●Assist in internal and external audits.
●Other special projects as assigned.
Senior Accountant, Fremont Investment and Loan Corporation - Brea, CA 08/2005 - 03/2007
●Calculate and process sales commissions, various monthly and semi-annual incentives for regional managers, sales executives, account managers, underwriters, and appraisers.
●Reconcile bank accounts for various branches.
●Reconcile and prepare journal entries for stock redemption, daily interest expense for short term/overnight borrowing, monthly interest expense for long term notes and upon maturity, interest expense accrual, and interest income.
●Review and update the detailed schedule of fixed assets and accumulated depreciation.
Staff Accountant, Standard Parking Corporation - Los Angeles, CA 04/1998 - 07/2005
●Prepare monthly reports of revenue, profit, rental fees and/or reimbursement due to/from owners pursuant to lease or management contract agreement for about 60 locations.
●Compile and verify necessary information from appropriate accounting reports and ledgers.
●Prepare disbursements as required pursuant to contract agreement.
●Reconcile general ledger and bank accounts balances, and prepare necessary journal entries on a timely basis.
●Audit income statements and reconciliations prepared by other staff accountants to verify accuracy of reported information and corresponding payments.
●Maintain statement controls which ensure that all month and year-end reports are prepared and mailed as required by contract.
●Perform necessary account analysis to verify accuracy of payments and propriety of the associated accrual or receivable/payable balances. Tests accrual or receivable/payable balances for locations which do not require month or year-end statements.
●Design statement formats for new locations and enters onto mainframe database files.
●Maintain statement file for existing locations on a continual and timely basis.
●Assist Finance Department with monthly Aged Trial Balance review in explanation of slow paying accounts, as well as collection of such accounts.
●Handle oral and written communication with field personnel and landlords regarding information reported on statements.
●Assist with month and year-end closing.
EDUCATION: Polytechnic University of the Philippine
Bachelor of Science in Accountancy
COMPUTER SKILLS: JD Edwards, AS400, Oracle, Intacct, Lawson, Accpac, Quickbooks
AMB (Accounting for Mortgage Bankers), ADP
REFERENCES: Available upon request.