EDWARD DEAN RELENTE CURSO, CPA
Email:-Contact no.:-
Current Address:Dubai, United Arab Emirates
Other Information:With Employment Visa
CAREER SUMMARY:
A successful and driven Certified Public Accountant with eleven years of meaningful experience in the Philippines and in the United Arab Emirates in industries like audit firm, oil and gas, telecommunications, hotel and restaurant, and health care.
Comprehensive knowledge and practical application of reporting standards such as International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS).
Leadership roles by planning, managing, and undertaking budget preparations and presentation, financial and management reporting, financial statement preparation and external audit compliance.
Managing company cash flows thru scheduling significant disbursements with cash inflows.
Taking the initiative to develop staff competencies by conducting basic skills trainings to improve performance efficiency and effectiveness.
Citable experience in external audit engagements in one of the top performing audit firms in the Philippines.
Knowledgeable in Oracle, SAP, Navision, Whitevision, and MS Office applications.
LICENSE:
Certified Public Accountant
Professional Regulatory Commission, Philippines
PRC License No-
November 15, 2010
CAREER EXPERIENCE:
Accountant
June 2021 - Present
Amana Home Health Care Center LLC (a Mubadala Investment subsidiary)
P.O. Box 31015, Dubai, U.A.E.
Achievements/Work Descriptions:
Facilitate the smooth transition QuickBooks (QB) to Oracle ERP such as, assigning of QB chart of accounts to Oracle accounts, ensuring beginning balances are transferred correctly, understand and document new process flows for Accounts Payable and Fixed Assets and month end closing procedures, identify and automate manual processes, design new accounting reports using the new system generated Trial Balance, and create general journal upload templates among others.
Oversee the implementation of processes for other departments to ensure impacts on accounting are reviewed and correct.
Conduct trainings for other departments for the new processes such as submission of employee reimbursements and PCF replenishments and assist other team members for any errors encountered while processing transactions in Oracle.
Formulate new reports for: a) management reporting purposes; b) monitor inventory transactions and balances and c) month-end accounts reconciliation templates.
Perform accounts payable tasks such as: a) processing of supplier invoices and ensuring three-way matching is performed; b) communicating with other departments and/or supplier for any issues and discrepancies noted; c) monitoring supplier uploaded invoices are process on time; d) propose supplier payment request and ensure no invoices are overdue; e) reconcile supplier SOAs against records; and f) perform AP to GL reconciliation and investigate differences if any.
Perform accounts receivable tasks such as: a) review and upload in Oracle insurance claims submissions; b) monitor and allocate insurance collections against claims receivables; c) update accrual sheets with patient movements; d) summarize, deposit and record cash collections from non-insurance patients; e) calculate weekly, monthly and year-to-date revenues and input analysis for significant movements and budget variances; and f) perform AR to GL reconciliation and investigate difference if any.
Perform fixed asset tasks such as: a) review and process additions for the month and ensure in accordance with FA policies and applicable standards; b) prepare FA lapsing schedules and ensure to update for any impairments and/or retirements; c) run monthly depreciation expenses and compared against calculations; and d) perform FA to GL reconciliation and investigate differences if any.
Oversee the month-end closing procedures by; a) ensuring all sub-modules are closed on time with no exceptions noted; b) review and check all manual journal entries are posted in the proper period; c) generate the trial balance and prepare the balance sheet, P&L and trend analysis, and cash flow reports and d) review monthly expenses and investigate any significant variances.
Prepare monthly management reports and analysis.
Assistance Financial Controller
January 2020 – June 2021
Seafox Middle East DMCC
Office 701, Jumeirah Bay X2, Cluster X
Jumeirah Lake Towers, Dubai, United Arab Emirates
Achievements/Work Descriptions:
Supervise accountants in their performance of monthly closing procedures which includes but not limited to a) review of posted journal entries; b) review of rig-specific scorecards; c) review of accruals and prepayments; and d) review of balance sheet accounts reconciliation including customer and vendor accounts.
Review monthly customer billings and forward to management for approval.
Prepare consolidation reports such as workbooks (for external audit) and scorecards for management reporting).
Communicate with suppliers to agree on payment schedules without impacting operational requirements.
Main point person for the quarterly and annual audit of financial statements at Group and stand-alone levels. This includes submission of schedules and supporting documents, communicating, and agreeing on discrepancies noted, and preparation of financial statements.
Prepare the consolidated annual group budget. This includes constant communication with cost controllers for the budget templates and group level prospects, review any significant changes from prior year actuals and ensure budget are in line with top management expectations.
Accountant
December 2018 – December 2020
Seafox Middle East DMCC
Achievements/Work Descriptions:
Successfully cleaned up old client and vendor accounts.
Fully handled assigned jack up rigs related accounts, tax whenever applicable and finance.
Process vendor invoices thru WhiteVision system, matching thru PO’s, requesting rig manager approval on excess over PO’s and cost purchases.
Prepare customer billings, follow up collections and provide input to credit controls.
Prepare monthly funding requirements/proposal related to payables due for payment.
Coordinate and discuss with rig officers on operational expense deviations requiring special approvals.
Prepare month end reconciliations of all key balance sheet accounts.
Prepare month end management reports and discuss variances with rig managers.
Point person for UAE VAT implementation including consolidation and tax filing.
Accounting Head
June 2016 to October 2018
RuyGroup Hotel Corporation (doing business under the name and style of Amelie Hotel Manila)
1667 Bocobo St., Malate, Manila, Philippines
Achievements/Work Descriptions:
Improved Company’s financial condition through proposals submitted to the President in eliminating capital deficiency status.
Developed performance targets to achieve better bottom-line figures by reducing fixed costs, controlling variable expenses, and increasing revenues.
Partnered with hotel managers and department heads in making budgets to ensure everyone is on board and aligned with Company goals.
Provided owners periodic updates on Company’s performance, present financial statement analysis, variance analysis, etc.
Created an accounting workbook that serves as a temporary replacement of the Company’s accounting system.
Proactively communicating with the external auditor to ensure financial statements are in accordance with standards and regulatory requirements.
Initiated numerous skills trainings for staff, promotes inclusivity that would develop staff competencies.
Supervise filing of VAT and other taxes due to the Philippine Government.
Senior Accountant
June 2015 to June 2016
GTI Business Holdings, Inc. – a subsidiary of Globe Telecom Inc.
Globe Tower, Bonifacio Global City, Taguig, Philippines
Achievements/Work Descriptions:
Formulated cash flow projections that would support management’s decision to continue the company as a going concern and convince external auditors the company is on a going concern basis.
Assisted general managers in preparing monthly management reports by providing in-depth variance analysis. Proactively in communication with managers for any unusual, high valued transactions that impacts performance.
Performs monthly closing activities like accruals, application of collections, posting of invoices and payments, posting of amortization and depreciation, revenue recognition, asset capitalization, etc.
Ensures proper application of accounting standards to complex issues and transactions.
Performs financial analyses (includes variance analysis for budget against actuals) and prepares financial and management reports and consolidation procedures.
Assists external auditors in the annual audit of financial statements such as preparation of schedules and confirmation letters and disposal of audit comments.
Financial Analyst
November 2013 to June 2015
Chevron Holdings Inc. (Manila Shared Service Center)
RCBC Plaza, Makati City, Philippines
Achievements/Work Descriptions:
Participated in process improvement efforts and works with customers to achieve overall improvements in both local and end-to-end processes.
Ensured resolution of both internal and external customer requests, queries, and complaints to provide a high level of customer service, necessary to support the achievement of defined team and corporate goals.
Promoted and maintained harmonious relationship with customers and other teams within the organization through constant communication, participation in firm-wide activities, and volunteering in any charitable programs.
Performs month-end and year-end closing activities.
Ensures that all transactions are recorded accurately and analyzed in a timely manner and in accordance with company guidelines and policies.
Senior Audit Associate
August 2013 – October 2013
SyCip Gorres Velayo & Co. (SGV & Co.), A member practice of Ernst & Young Global
6750 Ayala Avenue, Makati City, Philippines
Achievements/Work Descriptions:
Lead/Supervised financial audit engagements to several clients in a variety of industries. Discuss financial reports, management letters and audit and tax issues with clients.
Developed people through teamwork, integrity, and leadership. Collaborate with team members to set goals.
Proposed new or improved internal control procedures based on audit findings.
Responsibilities include running engagements from start to finish, including planning, performing, leading, and completing engagements in a timely cost-efficient manner.
Audit Associate
December 2010 – July 2013
SyCip Gorres Velayo & Co. (SGV & Co.)
Achievements/Work Descriptions:
Assist senior associates in planning the engagement like risk assessments, designing audit procedures, etc.
Communicate to senior associate or audit manager the results of the preformed audit procedures.
Ensure timely completion of audit engagements by supervising new hires and direct constant communication with clients of audit requirements.
