Sales Accounting

RICHARD L. PIEDAD, CPA, MBA

**D Jonah Street, Freedom Park 6, Batasan Hills Q. C.

Cell. # 093********

WORK EXPERIENCE:

LINKBUILD INC. (Non Profit Organization) March 2018 – July 2020

Finance Manager

Payroll – Ensures employees are paid in a timely manner and in compliance with Philippine Laws and Company Policies.

Responsible for:

a.Compute/prepare payroll

b.Prepare schedules for BIR withholding tax, SSS, Phil-Health and Pag-ibig contributions and other benefits.

c.Ensure timely remittance of all taxes and benefits.

Cash Management - Ensures the efficient collection, disbursement, and investment of cash while maintaining the company’s liquidity

Responsible for:

a.Review and Monitor weekly/monthly cash position

b.Review investment portfolio

c.Diversify investments and cash reserves in different secured investments.

d.Recommend to the BOT safe investments that will give the highest yield with the least risk

e.Review bank reconciliation and adjusting erroneous entries.

f.Verify the accuracy of uploaded vouchers inclusive of supporting documents

g.Perform month-end account closing activities and reconciliations.

h.Spot-checking petty cash and revolving funds.

i.Closely monitoring LinkBuild’s capital and capacity loans

Planning, Forecasting and Budgeting - Evaluates and quantifies a strategically aligned plan, for a defined period of time, which may include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities, and cash flows, as well as non-financial metrics.

Responsible for:

a.Refine Link Build’s financial plan, including cash flow projections, as essential to achieving targeted institutional and program sustainability

b.Prepare annual LB budget based on strategic plans and in collaboration with other work units.

c.Assist budget preparations for each project / program.

d.Ensure all costs and contingencies are reflected in the forecasts and plans.

e.Ensuring soundness of costs and budget assumptions in the preparation of forecasts and plans.

Financial Risk Management

Responsible for:

a.Identify applicable financial risks and their sources or cause

b.Develop measures to avoid and / or mitigate impact of risk

c.Prepare feasibility analysis to decide whether or not to push through a particular project.

Financial Reporting – Prepares financial statement and other financial reports and analysis in adherence to Philippine Laws, GAAP and Corporate Guidelines in a timely and efficient manner

Responsible for:

a.Prepares financial information and analysis to the management committee

b.Prepare and discuss financial reports (quarterly BoT meeting)

c.Analyze budget accounts versus actual expenses

d.Exploring options to reduce costs and increase profits without sacrificing the quality of services or product.

e.Preparing Grants or Funding Agency-Specific Reports

Government Compliance - Ensures that the organization understands and conducts operations based on statutory, regulatory and common-law rules applicable to the organization and its line of business

Responsible for:

a.Prepare and file BIR compliances and reviewing all other Government Statutory Requirements

b.Collaborate with External Auditor during annual audits.

c.Prepare working papers and corresponding ledgers and schedules of accounts for the completion of the audit

d.Ensure timely and accurate submission of Statutory Requirements.

Other Tasks

Responsible for:

a.Supervising the Junior Finance Officer/Bookkeeper and the Administrative Assistant in the performance of finance-related functions.

b.Supporting the Executive Director and relevant operation officers and managers in the performance of their financial management and budget monitoring functions by providing necessary information and reports, and performing other related tasks as required

c.Supporting national and project staff as well as project partners in streamlining overall financial functions while upholding internal controls.

d.Developing audit programs and plans

e.Keeping abreast with technological advances and accounting software to be able to assess and recommend necessary and appropriate tools to be used for financial purposes

FIVE STAR FINANCE INC. July 2016 – Sept. 2017

Accounting Manager

Review and analyses the company’s financial statement

Validates Certificate of Full Payment and Certificate of Loan Balance

Review monthly schedules and various financial reports as follows:

Review Check Voucher and Journal Voucher

Prepare and review quarterly BOD materials

Ensure timely and accurate submission ofFinancial Statement and Financial reports

Prepare annual tax plan

Assist in the preparation of the annual budget

Consolidate annual budget and projections

Review EFPS tax filing (Percentage tax, Income tax, DST and Withholding taxes)

Prepare and Monitor monthly budget variance

Prepare External Audited Financial Statement

Work with External Auditors and BIR examiners

Assess and monitors workloads delegated to subordinates

XEROX BUSINESS SERVICES ACCOUNTING INC. June 2014 – Mar 2016

Senior Accountant

Prepares the monthly journal entries, ensures that entries and financial records adhere to established controls, accounting principles and policies.

Ensures accurate and appropriate recording of revenues, expenses, accruals and adjustments

Prepares and analyzes monthly statements and reports (including revenue and expense trend analysis)

Reviews and verifies the accuracy of journal entries and supporting documents

Prepare monthly Capital Expenditure (CAPEX) Management review for the Transportation Group by aligning the CAPEX requirements with capitalization policy as directed by Corporate and with applicable Accounting policies.

Analyze the new Equipment lease agreement for IPSI by substantiating facts from the lease contract agreement, and establishing the backup schedules for the entries to record the setting up of equipment costs and recognizing the short term and long term lease liabilities.

Prepares and analyzes balance sheet reconciliations and advises controllers or supervisor/manager issues on reconciliation and proposed resolution

Assists with the audits for the IPSI Companies by providing supports and documentation

Evaluates current account processes and process improvements for operation efficiency

Assists in preparing statistical and monthly reports required by the Financial Reporting team

MULTI-LINE STRUCTURES CORP. July 2012 – May 2014

Chief Accountant

Review essential day to day and month end activities

Supervises, directs, and reviews the work of the accounting staff (including, but not limited to, bank reconciliations, accounts receivable transactions, fixed asset activity, account payable transactions, general ledger, recording of revenue and expenses, etc.)

Maintain organized set of detailed records and files to document financial transactions.

Review general ledger balances to ensure accuracy.

Coordinate monthly, quarterly, and annual closing activities.

Prepare monthly, quarterly and annual financial statements and financial reports.

Make and implement recommendations to improve accounting processes and procedures.

Participate in the development of policies and procedures; oversee internal and control functions.

Review and file EFPS tax filing (Vat, Income tax and Withholding taxes)

Prepare revenue and expenditure variance analysis.

Assist in the preparation of the annual budget.

Analyses monthly budget variances

Work with External Auditors and BIR examiners

Prepare supporting schedules for BIR examination

SMS GLOBAL TECHNOLOGIES INC. March 2009 – June 2012

Senior Accountant

Bank reconciliation

Intercompany reconciliation

Preparation of Book of Accounts for 2 foreign companies

Review general ledger balances to ensure accuracy.

Prepare and Consolidate Financial Statement

EFPS Filing BIR remittances of 5 local companies(Vat, Income tax and W/holding taxes)

Prepare supporting schedules for BIR examination

Work with External auditors (Local and Hong Kong)

Work with BIR examiners

PR GAZ HAUS HOLDINGS INC. Sept. 2007 – March 2009

Accounting Head

Supervise the implementation & development of accounting software for PR Group

Bank Reconciliation

Intercompany Reconciliation

Review and monitor Balance Sheet fluctuation and P&L variance analysis

Ensure timely and accurate submission of Financial Statement and Financial reports

Review general ledger balances to ensure accuracy.

Prepare annual budget for Expenses

Monitoring monthly required budget of expenses

Analyses monthly actual Income statement vs. monthly projections

ReviewEFPS tax filing (Vat, Withholding tax and Income tax)

Work with External Auditors and BIR examiners

General Accountant Feb. 2005 – Aug. 2007

Checking Cash Disbursement & Forecast of Payables

Checking Daily Sales Report, Collection Report & Cash deposits

Checking Stock Deliveries – Branches

Prepares government Remittances (SSS, HDMF & PHIC)

Monitoring of LPG Purchases and withdrawal

Computation of freight charges & drivers commission

Daily cash position – Revolving Fund

EFPS tax filing (Vat, Withholding tax and Income tax)

Prepare Financial Statement

Junior Auditor Nov. 2004 – Jan. 2005

Responsibilities & Duties

Audit Cash sales, Inventory and Petty cash fund of 11 stores.

Prepare audit report for management

CENTRAL GROUP OF COMPANIES Dec. 2002 – Oct. 2004

Accounting Assistant

Bank Reconciliation

Intercompany Reconciliation

Prepare Cash Position Report

Prepare of Check Voucher

Prepare Disbursement Forecast & Royalty Computation

Costing Inter Company Sales, Charge Sales and Cash Sales

Monitoring Inter Branch Stock transfer Purchases & Consignment Sales

Recording Journal Entries - Sales, Cost of Sales, Inventory and Bank Reconciliation adjustment.

Prepare Monthly Production Report with Actg. Entries

Analyses Merchandise Inventory for Manufacturing Set up

Knowledgeable in preparation of Financial Statement

MARSMAN TOURS AND TRAVEL June 2001 - Sept. 2002

Actg. Clerk

Responsibilities and Duties

Prepare Invoices

Prepare Monthly Sales Summary

Attending clients Claims on Billing Statements

MAYNILAD WATER SERVICES INC. Jan. 2001 - May 2001

Actg. Clerk

Responsibilities and Duties

Reconciliation of Accounts Payable and Installment Receivable Monthly Balances.

Encoding Customers Deposit to Pertinent Branches Projects

SKILLS:

Knowledgeable in various accounting software such as; Power Apps, Fox Pro Software. Peachtree, JD Edwards/Oracle, Hyperion Essbase, Quickbooks,TRECS and Blackline

EDUCATIONAL ATTAINMENT:

Pamantasan ng Lungsod ng Maynila (PLM)

Master in Business Administration(MBA) 2009 – 2011

Cagayan Colleges Tuguegarao

Bachelor of Science in Accountancy 1995 - 1999

Andarayan National High School 1990 - 1994

Bauan Elementary School 1984 - 1990

PERSONAL BACKGROUND:

Eldest in brood of four Born March 27, 1977

5’5” in height Filipino Citizen

Single Roman Catholic

RichellePiedad – Daughter

Francis Piedad - Son

CHARACTER REFERENCE:

Available upon request.

Contact this candidate