NOREEN M. PALACIO

Ø Audit Functions

• Leads the development and implementation of an internal risk-based audit strategy.
• Plans and conducts audits to assess controls, operational efficiencies
• Compliance with Company policies, procedures, and regulations.
• Participate in all phases of audits, from planning, risk assessment, fieldwork, and communicating results to management to preparing audit reports and tracking action plans to validate completion.
• Consolidate Audit report from the Team member
• Manage Month End Inventory, Physical Count.
• Maintained strong relationships with external auditors facilitating efficient and coordination.

Ø Finance Functions

• Assist the Finance Controller in the Bank Documentary
• Monitor the progress of sales, production, and all other business areas
• Prepare the A/R Aging Analysis Report Daily Weekly and Monthly.
• Monitoring of Daily Sales and Collection.
• Manage Month End Inventory, Physical Count.
• Assist the Finance Controller in communicating with banks for credit line
• and working capital applications and compliances with existing loans and their covenants.
• Managed cash flow effectively by monitoring incoming revenue streams and outgoing payment schedules.
• Mentored junior finance staff members, fostering an environment of continuous learning and professional development.

• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Implemented financial systems that increased efficiency in reporting, budgeting, and analysis tasks.
• Enhanced company cash flow with diligent accounts receivable management and timely collections.
• Comply with monthly and Quarterly
• Process the Monthly E-Govt Submit and Reconcile to the HR Dept.
• PAG-BIG
• SSS
• * PHILHEALTH
• Monitor 8 Branches of Warehouse Disbursement of Petty Cash and allowance.
• Overseeing the Finance Process daily operation.
• Connect with the Senior Manager for Legal Query.

• Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
• Gathered financial information, prepared documents, and closed books.
• Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
• Used advanced software to prepare documents, reports, and presentations.
• Auditing Sales Operation Store Daily and Report.
• Handling Three Major Companies to Disburse checks
• Conducted financial audits to identify discrepancies.
• Posted Accounts Receivable payments made by cash, cheque, or credit card payments.
• Coordinated month-end closing processes to ensure completion ahead of aggressive deadlines.
• Used NetSuite to manage the financials of multiple small Kiosks for Different events and individuals.
• Used NetSuite software to perform bookkeeping, invoicing, and Reconciled monthly bank statements, and resolved discrepancies
• Produced monthly and year-end closing statements, financial documents, and invoices.
• Maintained updated chart of accounts following correct procedures and including current, accurate details.
• Posted journal and ledger entries, prepared financial statements and reports, and closed books.
• Reconciled monthly bank statements and resolved discrepancies.
• Investigated and resolved discrepancies in monthly Bank accounts ahead of tight deadlines.
• Helped departmental managers develop and optimize inventory controls.

• Self-motivated, with a strong sense of personal responsibility.
• Worked effectively in fast-paced environments.
• Skilled at working independently and collaboratively in a team environment.
• Proven ability to learn quickly and adapt to new situations.
• Proceed with the AR Aging weekly to update Collection Reports.
• Posted accounts receivable payments made by cash, cheque, or credit card payments.
• Coordinated month-end closing processes to ensure completion ahead of aggressive deadlines.
• Accurately performed daily cash functions, including A/P and A/R tracking, budgeting, payroll transactions, expense management, and various reconciliations.

• Entered data, generated reports, and produced tracking documents.
• Improved team productivity with regular communication and progress updates, fostering a collaborative work environment.
• Enhanced operational workflows by maintaining well-organized documentation systems and updating records accurately as needed.
• Gathered and organized materials to support operations.
• Managed project timelines for successful completion, ensuring milestones were met and deadlines were adhered to.

• Ensured timely replenishment of stock, closely monitoring lead times and coordinating with suppliers for on-time deliveries.
• Collaborated with cross-functional teams to ensure seamless coordination of inventory movement across departments.
• Assisted in reducing excess inventory by identifying slow-moving items and implementing targeted sales strategies.
• Improved inventory accuracy by conducting regular audits and implementing effective tracking systems.
• Reduced stock discrepancies with thorough investigation of variances and prompt resolution of issues.
• Implemented cycle counting programs that enabled faster identification of discrepancies leading to timely corrective actions.

• Maintained accounting database by entering data into computer system.
• Achieved accurate financial records by meticulously entering and verifying transactions in general ledger.
• Handled complex customer inquiries related to billing issues, ultimately improving customer satisfaction levels.
• Prepared accurate journal entries, contributing to precise month-end closing procedures.