Irene Galo

· Supports the monthly close and consolidation process, including cash, prepaids, fixed assets, leases, accruals / reserves, debt, allocations, insurance, and equity

· Prepares certain journal entries, account reconciliations and financial statement analytics

· Drives continuous improvement and reduce cycle time in the monthly close process through the increased utilization of technology and tools, implementation of standard operating procedures and other efficiency measures

· Supports internal control assessments and establish and maintain effective design and operating effectiveness of internal controls of assigned processes

· Implements processes and controls to ensure compliance with statutory regulations and Corporate accounting standards/policies.

· Coordinates with and supports external auditors for quarterly reviews and annual audit

Account to Report - Intercompany

-responsible for the accurate and timely review of balances with counterparts, identifying any required adjustments and resolving any group consolidation issues.

-Monitor and resolve any technical issues related to automated billings.

-Prepare service billings, accruals and deferrals.

-Prepare monthly reconciliation of Balance Sheet Accounts.

-Prepare monthly settlement of Intercompany balances.

-Perform monthly peer review of manual journal entries posted.

GRIR Resolution

- Ensure that all invoices paid have a corresponding goods receipt with no material defect or quantity and price

discrepancy.

- Prepare monthly KPI metrics for the status of GRIR open items.

- Perform peer reviews to help the team in monitoring and resolving GRIR issues.

Costing/Pricing

- Migration of the Costing process (Determining the Transfer Price for Finished Goods, Raw Materials and WIP)

previously handled by Cost Accountant based in USA.

Equity & Subsidiary Accounting

• Records and analyzes investing and financing activities.

• Performs month-end and year-end closing activities.
• Performs monthly and/or quarterly accounts reconciliation.
•Prepares current work plan, participates in self-study courses, and attends to functional trainings to ensure that individual goals are met.
• Engages Opcos in resolving accounting issues .

• Oversight role in ensuring that intercompany imbalances are at a reasonable level
• Participates in process improvement efforts and works with customers to achieve overall improvements in both local and end-to-end processes.

Intercompany Accounting

• Booking of Intercompany Transmittal in SAP

• Identify and research account discrepancies. Determine posting errors and make appropriate corrections.

• Responsible in the monthly settlement process of outstanding payables of the Chevron Companies being handled.

• Sending of collection letter to Trading partners with long outstanding open items.

• Monthly reconciliation of books and monitoring the imbalances that may arise during month end close.

• Sending invoices to trading partners and redirecting the charges to their proper cost center or Company to where the charges should go

•Enter cash applications into SAP and book revenue for US Clients.

•Record debits and credits into the SAP system for operating accounts.

• Balance all electronic spreadsheets, validate spreadsheet data, and balance spreadsheet data against GL entries.

• Identify and research account discrepancies. Determine posting errors and make appropriate corrections.

• Responsible for ensuring all debits and credits are posted and reported correctly in SAP on a monthly basis prior to conveying data to the Financial Accounting Department for review.

• Preparation of monthly bank reconciliation.

• Responsible in preparing monthly revenue report of the Client and Consulting Department.

• Monitors daily deposits and prepares daily cash collection report.

• Assists in collection of Clients’ outstanding invoices.

• Preparation of Summary Alpha list of Withholding Taxes (SAWT)

• Preparation of Billing Instruction and Client invoices.