MARY LANE T. MACARANAS
Vallejo,CA
Summary
Accomplished financial management and accounting professional with 28 years of demonstrated positive impact company growth. Proven skill in employing accounting and financial management best practices and team leadership. Committed to introducing changes to achieve continuous improvement and successfully influencing processes driving operational excellence. Expertise in financial statement preparation and analysis, operational management, forecasting and cost control. Ability to work independently and multi-task effectively in multi-paced environment.
Overview
28
28
years of professional experience
Work History
Accounting Manager
RIGHT SOURCE L.L.C Deira
09.2009 - 12.2022
- Company background: A leading Below the Line solution provider offering a wide variety of solutions to the retail and marketing space in the region. A customize manufacturer with capability to undertake a wide variety of projects, anything from 17m long bespoke FMCG Category management displays across outlets of leading hypermarket chain in the GCC to a 3D model for a 147 villa project for Realty company in Abu Dhabi or exhibition stands for a perfume company .
- Manages the accounting and finance activities from beginning transactions up to finalization of Right Source LLC as well as its affiliate company Kaizer Leathers & Accessories
- Responsible on preparation, review and analysis of financial statements, G/L, and company’s month/year-end closing with full responsibility of the accounts receivable, accounts payable, inventory and fixed assets functions
- Managed banking reconciliations and monthly balance sheet statements.
- Managed journal entries, collection efforts, reconciliations and payroll processing.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Investigated daily variances and corrected errors to resolve discrepancies.
- Preparation and Analysis of required management reports such as Sales, Expenses, inventory aging, simulation of profit and loss of a certain project
- Assists external auditors on year-end audit – providing the trial balance, schedules of accounts and documents required on audit
- Process all payments to suppliers – local and foreign suppliers
- Managing collection of accounts receivables
- VAT processing and payment
- Stock inventory management of Leather products
- Handles all export and importation activities of the company
- Coordinates with foreign suppliers, freight forwarders for efficient and smooth release and delivery of shipment
- Manages the Human resources section such as attendance, employees leaves and remuneration and payroll processing of employees
- Ensures renewal of visa of employees
- In charge on reviewing and renewal of health insurance, workers compensation of the employees
Finance Manager
MESCO, INC
12.1993 - 11.2008
- Company background: A leader in its field on providing Metal Manufacturing Technology in the Philippines.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Increased revenue by assisting with operations management, sales and marketing efforts.
- Implemented automated financial reporting process to download data reducing manpower costs in overtime and enhancing accuracy and timeliness
- Developed financial modeling system to evaluate various financial scenarios resulted to reduced time spent in forecasting and budgeting, and improved department manager’s awareness of actions needed to achieve financial goals
- Developed standard format and graphical presentations of various management reports such as sales, expenses, profit for better analysis and understanding
- Implemented outsourcing collections of accounts and avail of bank services to improve collections of accounts receivables resulted to lower manpower costs and benefits as well better cash management
- Spearheaded the automation of manufacturing system: reducing cost, increasing efficiency and productivity
- Developed and maintained relationships with bankers, insurance, freight forwarders, customs brokers
- Mitigated process gaps and managed financial operational functions.
- Maintained agile, responsive organization with sustained revenue growth by monitoring industry forecasts, honing budgets and adjusting marketing strategies.
- Assessed expansion plans and presented costs to forecast trends and recommend changes.
- Built and strengthened productive and valuable industry partnerships to drive collaboration, engagement and revenue stream development.
- Partnered with IT, business development and operations leadership to develop robust financial business plan with detailed benchmarks and action plans.
- Drove industry-leading profit increase by transforming production process and aligning sales targets to meet dynamic industry conditions.
- Created organizational structures to improve accounting and finance functions.
Education
Bachelor of Science - Accountancy
Masters in Business Administration - undefined
De La Salle University
1999
Bachelor of Science - Accountancy
De La Salle University
Philippines04.1993
Bachelor of Arts - Economics
De La Salle University
Philippines04.1993
Skills
- Cash Flow and Reconciliation
- Import and Export Documentations
- Banking and trade services
- Sales & Office Administration
- Cost Accounting
- Budgeting & Forecasting
- Accounts Payable and Receivables
- Inventory management
- Management of Financial Resources
- Operational Reporting
- Cost Data Analysis
- Prioritizing and Planning
- Sales Support
- Income Statements
- Account and Ledger Reconciliations
- Financial Data Reviews
- Monthly Forecasting
- Income Expenditures
- Accounts Payable and Receivable Auditing
- Financial Statement Presentations
- Bank Account Reconciliations
- Proactive and Focused
Timeline
Accounting Manager
RIGHT SOURCE L.L.C Deira
09.2009 - 12.2022
Finance Manager
MESCO, INC
12.1993 - 11.2008
Bachelor of Science - Accountancy
Masters in Business Administration - undefined
De La Salle University
Bachelor of Science - Accountancy
De La Salle University
Bachelor of Arts - Economics
De La Salle University
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