Microsoft Office
Kenneth Cabrera
Senior Technical Accountant
Las Piñas City
Summary
Licensed Certified Public Accountant with more than 6 years of experience that is proficient in financial accounting, internal and external audit, tax compliance and compilation, lease accounting, internal controls testing, financial reporting standards, generally accepted accounting principles (GAAP), and financial statements preparation. Handles detail-oriented work in methodical and organized fashion. Leverages field expertise, resourcefulness and diligence to make positive impact on business operations.
Overview
7
7
years of professional experience
4
4
years of post-secondary education
2
2
Languages
Work History
Senior Technical Accountant
Unified Accounting & Tax
San Francisco Bay, California
02.2023 - Current
- Responsible for carrying out expert technical accounting advice and guidance to multiple UAT clients regarding complex business and accounting issues such as audit processes, mergers & acquisitions, stock compensations, leases and revenue recognition
- Knowledgeable and has expertise with regards to audit readiness procedures and financial planning and analysis
- Prepare income tax returns, payments, necessary paperwork, and reports
- Perform detailed research and write accounting position memos on new and potential IFRS and US GAAP Standards
- Assess technical accounting implications from complex business transactions of clients and prepare written accounting memos or position papers on an as-needed basis for review by management and external auditors
- Handle internal and/or client consultations regarding complex accounting topics including revenue recognition, foreign exchange forward contracts, and other ad-hoc complex transactions
- Experience and familiar with Mergers & Acquisitions and able to perform financial due diligence procedures from client
- Execute and document opening balance sheet testing procedures, prepare PPA entries, acquisition memos, review integration period accounting
- Maintain a listing of accounting/finance policies and ensures a timely update and documentation
- Perform monthly, quarterly and year-end close activities based on team needs, and assist with other recurring internal reporting packages/projects
- Make recommendations as needed with regard to policies and procedures
- Manage and coordinate with executive management, business owners and legal to draft financial reports and footnotes, and review results with key executives, audit committee and auditors
- Prepare and present training and other presentations on variety of accounting topics to global audience, i.e. to both IFRS and US GAAP users
Lease Associate - Cost Close
Deutsche Bank - Deutsche Knowledge Services
Net Quad Center, 31st St. cor. 4th Ave., Bonifacio Global City, Taguig
06.2022 - 01.2023
- Directly handles the lease accounting under IFRS 16 and local GAAP of Asia Pacific and UK regions of the bank
- Manage the monthly contract change and modifications of various entities in APAC and UK region to be interfaced in SAP REFX
- Preparation of monthly SOx requirements of the bank as to the Profit and Loss and Balance Sheet controls, and controls over the contract modifications
- Preparation of monthly, quarterly, semi-annual, and annual reports in relation to the lease accounting financials results and reconciliations that are being presented to the Cost Close Team and Finance Directors of the respective regions.
- Knowledgeable in SAP, especially for subsystem REFX that focuses on lease accounting under IFRS 16.
- Preparation, monitoring, and application of monthly contract changes for all APAC and UK entities to be applied in SAP for contract modification and updates.
- Valuation and posting of the right-of-use assets, lease liability, depreciation expense, interest expense and lease sweep.
- Preparation, analysis, and reporting of SOx key controls of the bank such as Rent expense and PNL reconciliation, three way reconciliation, input and output reconciliation, and monthly report as to contract modification.
- Preparation of monthly, quarterly, and annual disclosures for lease related information to be used by the Bank for internal reporting, such as ROU lapsing schedule, lease liability balance, movement of depreciation expense and interest expense, maturity bucketing of lease liability, and forecasting of future lease payments.
- Align accounting recognition of relevant entities to comply with the German GAAP (HGB)
- Review and monitor the daily tasks of the team’s senior analysts as to accuracy, validity, and completeness of the reports.
- Direct coordination with the Group CFO and Finance Directors of the respective regions.
Accounting and Finance Manager
LICA Auto Nation, Inc.
2326 Chino Roces Ave. Ext., Makati City
03.2021 - 05.2022
- Handles daily, weekly, monthly, and annual financial transactions of automotive brands being handled
- Computation and filing of monthly, quarterly, and annual tax returns for VAT, EWT, CWT, and ITR.
- Monitor and ensure that each brand has the financial capacity to purchase/pay inventories on time for their supply of automotive for sale
- Preparation of monthly statement of financial position and statement of comprehensive income for automotive brands handled for both board and bank reporting purposes
- Review and approval of dealership transactions
- Budget and forecast preparation in relation to future plans of the company for each auto brand
- Handle and monitor the funding of importation from manufacturer
- Direct coordination and reporting to Managing Directors, CFO, and General Managers
- Perform monthly reconciliation of balances.
- Preparation of monthly payroll calculation for affiliate sharing and payroll payout
- Providing guidance and support to my team for each brand for us to comply and complete our daily tasks.
- Direct coordination with automotive suppliers for any financing concerns and issues that are needed to be resolved.
Senior Audit Associate
Isla Lipana & Co. - Pricewaterhouse Coopers (PwC) Philippines
29th Floor, Philamlife Tower, 8767 Paseo De Roxas, Makati Cty
07.2019 - 01.2021
- Handles financial audit of companies under retail, manufacturing, pharmaceutical, wholesale and distribution, energy, business process outsourcing, food, education, gas, solar power, and holdings.
- Involves in the planning process or risk assessment of the audit engagement, conducting a review and understanding of client’s business cycle as a whole, and assessing and documenting internal control implemented, as well as, the accounting and computer systems employed.
- Performs analytical review and substantive test of balances of accounts, proposed adjusting journal entries for proper classification of accounts and to correct account balances, supervised junior associates in understanding and analyzing accounts for identification of test approach and preparation of working papers, reviewed actuarial reports, prepared and reviewed income tax calculations, income tax returns, tax checklist, financial statements, management letters and other related documents
- Participates in the settlement of accounting, auditing and tax matters with clients and summarizes internal control observations and provide value-adding recommendations
- Proposes solutions to identified errors and misstatements in financial records, facilitates coordination and management of audit engagements through supervision of engagement staff, client deadlines and deliverables
- Involves in planning activities of the engagement such as risk assessment, mobilization, understanding of the business and its environment, development of audit strategies, materiality and initial scoping both local and multi-location audits
- Prepares client service plan for the engagement
- Assesses involvement of specialists/experts and service delivery center in the audit
- Conducts walkthrough as part of end-to-end understanding of business processes and testing of operating effectiveness of key controls
- Monitors the status of the engagement including the issues noted, pending audit schedules from the client and engagement economics such actual hours versus budget analysis
- Ensures proper supervision and coaching of associates on field;
- Performs critical self-review on work performed and engagement deliverables
- Executes audit procedures for highly complex accounts and judgmental areas
- Prepares group reporting deliverables such as memorandum of examination, interoffice reports, identification of financial packages and summary of aggregated deficiencies
- Evaluates the impact of control deficiencies identified in the audit of internal control over financial reporting and provides value-adding recommendations
- Communicates the audit adjustments and findings identified during the audit to key client focal and key management
- Reviews the consolidation reports and related schedules of the client;
- Prepares completion documents as required by PwC policies and methodologies
- Reviews the financial statements, actuarial reports, income tax calculations and other regulatory reports for statutory audits
Audit Associate
Isla Lipana & Co. - Pricewaterhouse Coopers (PwC) Philippines
29th Floor, Philamlife Tower, 8767 Paseo de Roxas, Makati City
07.2017 - 07.2019
- Handles financial audit of companies under retail, manufacturing, pharmaceutical, wholesale and distribution, energy, business process outsourcing, food, education, gas, solar power, and holdings.
- Performed audit of Cash, Accounts Receivable, Prepayments, Inventory, Investments, Property, Plant, and Equipment, Accounts Payable, Accrued Liabilities, Revenue, Cost of Sales and Goods Sold, and Expenses.
- Conducts tests as to the validity, accuracy, and completeness of the taxes being filed by the industry, as well as the timeliness of filing.
- Performed internal controls testing for the following business processes: Revenue and Receivables, Purchasing and Payables, Production and Inventory, Payroll, and Treasury.
- Prepares the clients’ financial statements in accordance with the relevant financial reporting standards.
Education
Bachelor of Science - Accountancy
San Beda College - Alabang
Alabang Hills, Muntinlupa City, Philippines 06.2012 - 10.2016
Skills
Audit
undefinedSoftware
SAP
Google Suite
Timeline
Senior Technical Accountant
Unified Accounting & Tax
02.2023 - Current
Lease Associate - Cost Close
Deutsche Bank - Deutsche Knowledge Services
06.2022 - 01.2023
Accounting and Finance Manager
LICA Auto Nation, Inc.
03.2021 - 05.2022
Senior Audit Associate
Isla Lipana & Co. - Pricewaterhouse Coopers (PwC) Philippines
07.2019 - 01.2021
Audit Associate
Isla Lipana & Co. - Pricewaterhouse Coopers (PwC) Philippines
07.2017 - 07.2019
Bachelor of Science - Accountancy
San Beda College - Alabang
06.2012 - 10.2016
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