LYN DOMINGO
Antipolo
Summary
Highly accomplished and results-oriented finance leader with 20+ years of progressive experience in treasury, accounts payable, and billing operations within the dynamic advertising industry at GroupM Philippines. Proven expertise in cash management, SOX compliance, and process improvement, consistently driving operational efficiency and significant cost savings. Adept at managing banking relationships, optimizing financial resources, and ensuring regulatory adherence. Seeking a challenging and impactful role where proven skills can enhance financial integrity and contribute to organizational success.
Overview
25
25
years of professional experience
1
1
Certification
Work History
Treasury Head
GroupM Philippines
07.2013 - Current
- Managed daily cash flow, investments, and banking relationships for GroupM agencies, ensuring optimal resource allocation and financial stability
- Oversaw all bank transactions, including account management, FX forwards, and time deposits, mitigating financial risk and maximizing returns
- Reviewed and approved non-trade (company expenses) and employee reimbursement expenses in financial system (Adept), ensuring accuracy, compliance, and adherence to company policies
- Approved weekly checks for release to vendors based on available funds (2013-March 2020) and batch payments to vendors via online portal (April 2020 onwards), optimizing payment schedules and maintaining strong vendor relationships
- Prepared Daily Cash Reports, providing real-time visibility into cash position and facilitating proactive cash management strategies
- Reconciled and updated statements of accounts for digital vendors, ensuring accurate and timely payment processing
- Managed monthly accruals, payments, AP Ageing Report, bank reconciliation, and journal entries, ensuring the accuracy and completeness of financial records and supporting timely and reliable financial reporting
- Served as key point of contact for internal/external and SOX audits, ensuring compliance with regulatory requirements and maintaining financial integrity
Billing Head
GroupM Philippines
09.2003 - 07.2013
- Led billing team, ensuring accurate and timely client invoicing, resulting in improved cash flow and client satisfaction
- Reviewed and approved invoice posting and transmission, minimizing errors and ensuring timely delivery of invoices
- Monitored cost estimate tracking for accruals, providing accurate financial data for reporting and decision-making
- Ensured compliance with ABS-CBN's Early Payment Discount (EPD) policy, maximizing cost savings and strengthening vendor relationships
- Represented billing in client, vendor, and internal meetings, fostering collaboration and resolving billing-related issues
- Served as key point of contact for internal/external audits, ensuring compliance with billing procedures and regulations
Accounting Assistant
Primus Finance & Leasing Company
06.2000 - 08.2003
- Prepared bank reconciliations, identifying and resolving discrepancies to maintain accurate financial reporting
- Managed petty cash operations, including disbursement, reconciliation, and maintenance of accurate records, showcasing attention to detail and adherence to internal controls
Education
Bachelor of Science - Accountancy
St. Mary’s University
05-2000
Skills
- Cash Management
- Account Reconciliation
- Accruals
- Accounts Payable Management
- Financial Analysis
- Journal Entries
- General Ledger
- Bank Account Management
- Time Deposits
- FX Forward Contracts
- Treasury Operations
- Cash Flow Management
- Invoicing
- Vendor Management
- Invoice Processing
- Dispute Resolution
- SOX Compliance
- Internal Controls
- Audit Management
- Process Improvement
- Automation
- Team Leadership
- Microsoft Excel
- Adept
Certification
- WPP Adviser Payment Policy Refresher, 01/01/12
- Online Training on ABC and Ethics, 03/01/13
- Coaching on the Go and Time Management, 12/01/16
Accomplishments
- Employee Reimbursement Automation: Automated the employee reimbursement process, reducing processing time by 50% and achieving 80% cost savings by eliminating manual intervention and minimizing overtime.
- Fleet Card Program Standardization: Standardized the company's fleet card program, resulting in 75% cost savings and improved expense tracking.
- Mobile and Internet Allowance Simplification: Simplified the mobile and internet allowance process, reducing processing time by 90% through integration with payroll.
- Bank Account Optimization: Optimized the company's bank account structure, reducing the number of bank accounts from 24 to one per legal entity, streamlining operations and improving cash management.
Timeline
Treasury Head
GroupM Philippines
07.2013 - Current
Billing Head
GroupM Philippines
09.2003 - 07.2013
Accounting Assistant
Primus Finance & Leasing Company
06.2000 - 08.2003
Bachelor of Science - Accountancy
St. Mary’s University
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