Accountant

CAREER SUMMARY

Highly experienced professional with 16+ years in accounts, banking and finance, audit, reporting and compliance, financial statements preparation, credit and collection administration

Expertise in handling accounts, collection forecast, accounts reconciliation, general ledger, letters of credit, accounts receivable and accounts payable, Fixed Asset and Inventory

Well organized and results driven with excellent communication, coordination, and time management skill

CORE COMPETENCIES

Well versed in JD Edwards 9.1, SAP, BIAS Financials ERP based accounting software, QuickBooks, Get Paid collection tool and Hyperion reporting tool

Proficient in MS Office Suite (Excel, Word, PowerPoint, Outlook)

Adept in Internet browsing windows based and Mac OS systems to conduct research

Excellent communication skills, especially speaking, reading and writing

STRENGTHS & ACHIEVEMENTS

Proficient in accounting process and other finance functions and reports

Successfully upgraded and transitioned accounting system without any loopholes and backlogs from QuickBooks to efficient accounting ERP software

Super user in JDE, SAP (AR module) and BIAS ERP accounting software

Served as the Subject Matter Expert / focal point in AR between Weatherford MEA and Accenture during BPO project

Analytical in problem solving and problem-solving skills with ability to drive efficiency and financial performance

Advanced in rank based on outstanding performance according to demonstrated work completed

Spearheaded various initiatives within organizations including implementation of accounts clean-up to reflect accurate records

Reduced unapplied payments of customers by utilizing the Get Paid tool and thoroughly coordinating countries across MEA region

Led process improvements of accounts reconciliation leading to clearance of long overdue accounts, mismatch items and established coordination amongst people responsible for each country

Expert on credit and collection reporting metrics

Reconciled AR balances against Hyperion balance essential in credit reporting analysis

Comply with industry statutory regulations

Awarded for exemplary performance handling 2 different roles over an eight-year period during employment with Allied Bank

Recognized for uncovering irregularities in banking operations (long unreconciled due from foreign bank accounts against foreign bank statements)

Values

Task-oriented and dedicated

Independent and resilient

Strong work ethics

CAREER PROGRESSION

Accountant General Feb 2017 – Jan 2020

Aquaness Chemicals Establishment, Dubai UAE

Established and maintained accounting policies and procedures to ensure consistency in communication and reporting of information throughout Aquaness departments

Scheduled and managed monthly, quarterly and year-end closing process, including GL review & documentation and meeting reporting deadlines as specified for both domestic and international divisions

Established and assigned table of accounts to proper accounting codes

Entered journal entries and validation of key figures in reporting tool

Created customer invoices and validated POs for suppliers’ invoices

Reconciled both customer and vendor payments against ledgers

Monitored AP and AR aging reports and action plans such as collection of overdue accounts, setting payment terms and credit limits for both and payment plans for suppliers

Completed cash forecast

Inventory and fixed Asset monitoring and Administering

Prepared accurate general ledger journal entries and reviewed account reconciliations

Completed account reconciliations and analysis of balance sheet accounts

Managed coordination of independent auditors’ quarter-end and year-end audits

Took ownership of audit issues and their resolution within corporate timeframes

Assisted in budgeting and reporting process and in monthly management reporting and analysis

Provided support in business plan/budgeting activities by compiling information, summaries and creating presentations

Worked remotely from U.S. from June 25 to Jan 2020 year end closing books project

Accountant (Credit Control Reports/ AR Specialist/Credit Admin) Sep 2007 – Dec 2016

Credit and Collections Department

Weatherford Oil Tool Middle East, Dubai UAE

Worked with employees in operations, sales and other departments to encourage compliance with company policy in extension of open terms, credit limits, and collection of past due amounts

Always reminded companies and countries on collection and invoice status to meet monthly balance due dates

Researched dispute delinquent account balances and coordinated with countries across Middle East and Africa region

Prepared and monitored various AR reports for Management:

Monthly AR cycle reports (Aging, Unapplied, Overdue Reports, Unauthorized sale, DSO, Monthly Collection target and Monthly collection)

Weekly Cash collection vs Monthly Target with comments from countries across MEA region

Quarterly AR Reserve, Over 365 days report and Legal and Dispute aging report with reconciliation against Hyperion

Reviewed accounts to be recommended for write-off and assisted in report preparation

Coordinated with customers from countries to reconcile any billing/payment discrepancies

Accomplished timely Cash Applications:

Checked bank on daily basis and segregated payments made from customer and intercompany

Updated payment list and advised countries for status of payments

Entered and delivered monthly statement of accounts

Corrected errors including misapplied payments and overpayments

Reconciled monthly AR sub ledger against GL ledger

Coordinated and followed up with banks on incoming payments, like LC, telegraphic transfer, cheques in favor of Weatherford

Communicated with internal and external auditors and tax personnel for AR process and proper accounting

Opened credit applications for customer accounts

Released credit holds and monitored credit limits of customers

Monitored OTC (Order to Cash) / billing and invoicing

Maintained organized customer files

Worked with Accounts payable team for possible knock offs of AR and AP invoices to reconcile possible issues as needed

Understood and complied with all safety rules and company policies of Weatherford

Represented AR for Balance sheet and P & L reviews

Contributed in special projects as requested

Recon Analyst – Audit Division Apr 1998 – Oct 2006

Reconciliation Department

Philippine National Bank (formerly Allied Banking Corporation / Allied Bank), Philippines

Established nature of float items of inter-office transactions – Due from Head office/Due to Branches unmatched items between the subsidiary ledger of head office against subsidiary ledger of branches

Investigated and analyzed causes of float items of the following due from accounts:

Items between the SL of Allied Bank against Equitable PCI bank statements Due from Foreign Bank (unmatched items between SL of Allied Bank against its depository bank statements)

Due from Central Bank (unmatched items between the SL of Allied Bank against central bank statements)

Due from Local Bank as far as out-of-town checks are concerned (unmatched items between the SL of Allied Bank against local commercial bank statements), and, as far as visa/Mastercard transactions (unmatched)

Monitored age of float items less than 60 days

Generated analyst report in case there were double payments / credit to the account of beneficiary, double debit against the account of Allied Bank, and overpayment/underpayment (erroneous conversion of foreign currency) and other irregularities

Prepared inter-office communications to appropriate department or branch

Produced monthly Aging Report for strict monitoring of float items

Presented schedule of adjustment for un responded, erroneous and misposted entries

Submitted inquiry letter to depository banks on unidentified float items

Mailed letter to banks in case there were double debits against Allied Bank

TRAININGS

JDE Navigation (Basic and Advanced/Upgraded)

SAP Essentials

Get Paid

QuickBooks Starter

Hyperion Reporting

Compliance and Anti-Corruption

Seminar and Branch Exposure on Import Letter of Credit (Opening and Negotiation)

Training and Branch Exposure on Remittances (Incoming and Outgoing)

Export Letters of Credit

Clearing for Central Bank Documents

EDUCATION

Bachelor of Science in Accountancy

Saint Louis College San Fernando, La union, Philippines

REFERENCES

Available upon request

Sally C. Contreras

Sacramento, CA

916-***-**** 916-***-**** alternate

ade2jw@r.postjobfree.com

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