Summary
Overview
Work History
Education
Skills
Timeline
Generic

Nonato Palomar

Las Vegas

Summary

Experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach.

Proactive and goal-oriented professional with excellent time management and problem-solving skills. Known for reliability and adaptability, with swift capacity to learn and apply new skills. Committed to leveraging these qualities to drive team success and contribute to organizational growth.

Overview

15
15
years of professional experience

Work History

Accounting Manager - CFO

Bachrach and Associates
06.2010 - 07.2014
  • Managed journal entries, collection efforts, reconciliations, and payroll processing.
  • Managed banking reconciliations and monthly balance sheet statements.
  • Managed relationships with external vendors, ensuring timely payments and accurate recording of expenses.
  • Completed bi-weekly payroll for company employees.
  • Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
  • Developed and implemented various procedures to improve accounting process.
  • Generated monthly and quarterly financial statements for executive review.
  • Streamlined month-end closing procedures resulting in reduced processing time without compromising accuracy or completeness of the reports generated.
  • Reduced discrepancies in financial data with thorough account reconciliations and adjustments.
  • Managed successful audits by collaborating effectively with internal and external auditors.
  • Collaborated with other departments to achieve accurate and prompt financial reporting.
  • Enhanced financial accuracy by implementing streamlined accounting processes and procedures.
  • Coordinated efforts between the accounting team and other departments to ensure accuracy in interdepartmental transactions recording and proper cost allocation.
  • Monitored budget allocation and expenditures to enforce compliance with company policies.
  • Created and maintained financial databases for data entry, tracking and reporting.
  • Achieved timely financial reporting through diligent preparation and analysis of monthly, quarterly, and annual reports.
  • Analyzed and reported on financial data to support business decisions.
  • Implemented efficient budgeting processes to forecast expenses and monitor actual performance against projections.
  • Developed and maintained system of internal controls to prevent fraud and abuse.

Comptroller

Narver and Associates Insurance
01.2008 - 09.2009
  • Developed strategic plans for financial growth, aligning with organizational goals and objectives.
  • Identified cost-saving opportunities with thorough evaluation of operational expenses and vendor contracts.
  • Streamlined financial processes by implementing automated systems, improving efficiency and accuracy.
  • Strengthened relationships with banking partners by maintaining open lines of communication regarding credit facilities and loan agreements.
  • Served as advisor or consultant to management on bank supervisory issues, operational processes and other organizational matters.
  • Attended meetings regarding company portfolio and other financial examination and supervisory matters to offer insight into state of finances of organization.
  • Implemented robust financial modeling tools to support informed decision-making at all levels of the organization.
  • Improved cash flow management by closely monitoring receivables, payables, and working capital requirements.
  • Provided input and advanced expertise on numerous safety and soundness issues across organization.
  • Examined or audited financial institutions to identify areas of risk and advise on risk mitigation.
  • Managed budget preparation for the organization, ensuring accurate forecasting and allocation of resources.
  • Optimized tax planning strategies by evaluating implications of business decisions on tax liabilities.
  • Enhanced financial reporting quality by closely monitoring accounting practices and providing guidance to the team.
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Prepared balance sheets, cash flow reports and income statements.
  • Managed payroll data entry and processing for [Number] employees to comply with predetermined company guidelines.
  • Complied with established internal controls and policies.
  • Accurately completed financial statement audits and thoroughly reviewed results.

Controller

Curry and Associates
01.2004 - 11.2007
  • Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
  • Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
  • Followed up with delinquent accounts to obtain funds and reduce aging balances.
  • Mentored junior staff members, fostering a positive work environment conducive to professional growth and development.
  • Ensured compliance with tax regulations by managing the timely preparation and filing of all required returns.
  • Reduced month-end closing time by optimizing reconciliation procedures and improving collaboration between departments.
  • Streamlined annual audit process, working closely with external auditors to ensure accurate representation of company''s financial position.
  • Increased cash flow by diligently managing accounts receivable and implementing effective collection strategies.

Controller

Golden Pacific Insurance Services
10.1999 - 11.2003
  • Provided insightful financial analysis to support executive team in making informed business decisions.
  • Ensured timely financial statement preparation, allowing for better decision-making and strategic planning.
  • Enhanced financial reporting accuracy by streamlining accounting processes and implementing internal controls.
  • Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
  • Managed budgeting process, aligning departmental budgets with organizational goals and monitoring performance against targets.
  • Led cross-functional teams in the implementation of new accounting software, improving overall efficiency within the finance department.
  • Prepared detailed variance analyses on a monthly basis, enabling more effective tracking of actuals versus forecasted figures.
  • Established robust internal control framework, minimizing the risk of fraud and ensuring compliance with regulations.
  • Developed comprehensive financial models to support management in forecasting and scenario analysis.
  • Coordinated with department heads to develop and monitor annual budgets, ensuring alignment with strategic goals.

Education

Bachelor of Science -

Luzonian University Foundation
Lucena City Philippines
04-1973

Skills

  • Journal entries
  • Payroll processing
  • Bookkeeping
  • Financial reporting
  • Bank reconciliation
  • AP and AR management
  • Account reconciliation
  • Audits
  • GAAP understanding
  • General ledger accounting
  • General ledger management
  • Financial auditing
  • Invoicing
  • Bank account reconciliations
  • Quickbooks
  • Payroll administration
  • Project management
  • Finance
  • Financial data analysis
  • Payroll management
  • Budget compliance
  • Payroll
  • Financial management
  • Accounts receivable management
  • Closing procedures
  • Month-end reporting
  • Cost accounting
  • Staff training and development
  • GAAP
  • Budget development
  • Operations management
  • Budget projections
  • Internal controls
  • Financial statements expertise
  • Variance analysis
  • Cost reduction
  • Audit coordination
  • Cash flow management
  • Financial statement presentations
  • Budget management
  • Auditing procedures
  • Tax preparation
  • Tax compliance
  • Quarterly reviews
  • Forecasting
  • Statement review
  • Meticulous attention to detail
  • Revenue recognition
  • Consolidation accounting
  • Inventory auditing
  • System development
  • GL entry verification
  • Financial policies development

Timeline

Accounting Manager - CFO

Bachrach and Associates
06.2010 - 07.2014

Comptroller

Narver and Associates Insurance
01.2008 - 09.2009

Controller

Curry and Associates
01.2004 - 11.2007

Controller

Golden Pacific Insurance Services
10.1999 - 11.2003

Bachelor of Science -

Luzonian University Foundation

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