Ivy Valen D. Ibardolaza

I work on team of accountants where I'm able to expand and acquire in-depth knowledge and skills in the field of accounting, audit and taxation. Provide clients with services related to various financial and compliance reports with government agencies and assists management reports to support decision making.

Key assignments, responsibilities & achievements:

• Perform general accounting duties which include classifying and summarizing collections and disbursements, preparation of schedules for various financial reports, reconciling accounts and maintaining general ledger for preparation of trial balance
• Preparation of journal entries and necessary adjusting entries on accounting system
• Assist in preparation of annual reports which consists of statement of financial position, statement of comprehensive income (loss), statement of changes in equity, statement of cash flows, notes to financial statements and account schedules/reconciliations in accordance with Philippine Financial Reporting Standards
• Ensuring accuracy and completeness of files/documents subject for reporting to Bureau of Internal Revenue (BIR) and Securities and Exchange Commission (SEC)
• Preparation of budget and forecast in support of decision making
• Preparation, checking and filing monthly/quarterly/annual compliance reports for submission and/or payment to Bureau of Internal Revenue as well as reportorial requirements to Securities and Exchange Commission
• Provide requirements for tax audit or other tax related work as well as assist with tax compliance deadlines
• Performs payroll related services and calculations such as withholding taxes on compensation, statutory contributions, 13th month pays, tax refunds and final pays of resigned employees
• Monthly and annual payroll consolidation for preparation of income tax returns (BIR Form 2316) of employees
• Preparation of various reports requested by management for decision making using Visio and PowerPoint
• Reviewed financial reports to correctly ascertain taxation and statement requirements.

I worked primarily on clients’ company compliance with various government agencies, prepared financial reports, payroll related services and special engagements that caters client needs. I gained experience on client relations as I directly communicate and conduct review of documents on their company premise and supervised seven (7) accountants under each client

Key assignments, responsibilities & achievements:

• Handled clients from various line of business and communicate with them directly
• Supervised accountants under each assigned clients by assisting them on internal review and tax-initiated projects
• Reviewed and checked transactions, documents, records and reports against guidelines for accuracy and compliance
• Prepared annual financial statements by gathering and analyzing information from general ledger
• Prepared audit reviews after detailed checking and reconciling client accounts
• Preparation of monthly trial balance, balance sheet, income statement, cash flows and account schedules/reconciliations
• Responsible in handling tax compliance and various government regulatory requirements
• Ensures correctness of various tax returns including its required attachments and other related tax reports to be filed with Bureau of Internal Revenue (BIR) as well as reportorial requirements to Securities and Exchange Commission (SEC)
• Assisted clients with special engagements in compliance with Local Government Unit (LGU), Bureau of Internal Revenue (BIR), Securities and Exchange Commission (SEC) and other government agencies (i.e., Social Security System (SSS), Philippines Health Insurance Corporation (PHIC) and Home Development Mutual Fund (HDMF)
• Performs payroll related services and calculations such as withholding taxes on compensation, statutory contributions, 13th month pays and final pays of resigned employees
• Prepared monthly and annual payroll consolidation for preparation of income tax returns (BIR Form 2316) of employees.
• Maintained up-to-date knowledge on industry regulations, keeping clients informed and ensuring timely compliance with new requirements