JOSE CARLO PADAYAO

• Handled day-to-day accounting processes to drive financial accuracy.
• Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
• Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
• Reduced outstanding accounts receivable to 50 % by developing and enforcing stricter credit control policies.
• Streamlined monthly financial reporting processes, significantly reducing time required for report generation and analysis.

• Leading the development and implementation of the Property Management System to seamlessly integrate it into operations.
• Overseeing daily operations, managing guest relations and complaints, ensuring safety and security, coordinating with departments, and maintaining quality standards across operations.
• Supervision and monitoring extend beyond the immediate team to encompass multiple departments within the hotel, contributing to a 5% reduction in food costs.

• Conducted comprehensive risk assessments for improved internal control systems.
• Achieved timely resolution of outstanding audit issues through diligent follow-up activities with clients.
• Maintained thorough documentation of all work performed, ensuring seamless handover among team members or future reference.

FINANCIAL STATEMENT PREPARATION

• Implemented and enhanced internal controls to ensure regulatory compliance, reduce reporting errors, mitigate risks, and support operational efficiency
• Introduced accounting principles and reporting in line with the USALI framework
• Prepare and approve business activity reports, financial statements, and forecasts, ensuring accuracy and compliance across all line items. Oversee and validate key financial reports, including accounts receivable/payable, inventory, and fixed assets, while identifying trends in financial performance. Provide actionable recommendations to improve operational efficiency and drive informed decision-making. Helped established healthy Cash Position and increase it by 15% per month since the transitioned
• Created finance department organizational structures to improve accounting and finance functions
• Ensured compliance with regulatory requirements and financial reporting standards, maintaining company's reputation and integrity.
• Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
• Analyzed business processes to identify cost savings and operational efficiencies.
• Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
• Utilized financial software to prepare consolidated financial statements.
• Improved overall financial reporting by streamlining control processes and reporting structures.

• Ensure food and beverage costs are within +/- 1% of the budget.
  Prepare variance analysis for food and beverage costs.
  Check the cost of sales at all F&B outlets to stay within budget.
  Examine restaurant and bar checks daily.
  Verify complimentary food and beverage items are authorized and within budget.
  Cross-check the daily F&B revenue report for accuracy in covers and average check.
  Prepare the monthly F&B report by the management’s deadline.
  Conduct surprise spot checks at F&B outlets, with findings in 50-60% of cases.
  Monitor inventory levels and implement controls to minimize discrepancies while ensuring adequate supplies.

• Audit and verify all revenue transactions, ensuring accurate documentation and timely resolution of 50-60% of issues. Submit daily rebates, paid-outs, and PM Master folios, and review revenue figures for variances, addressing them promptly with relevant personnel. Ensure 100% resolution of audit issues within a reasonable timeframe to maintain compliance and accuracy. Prepare detailed daily and monthly revenue reports to support management decisions.