Zaw Pan Nwe
Buffalo,United States
Summary
Detailed-oriented accounting manager with over seven years of experience in managing accounting department and four years of experience in internal auditing. Monitored all kinds of financial procedures and ensured implementation of group risk management policy with local laws and regulations. Goal-focused Accountant with record of accurate reporting and budget management. Offering 8 years of experience handling finances for MYANMAR locations. Processed payroll, budgets, reports, audits, journals, expenditures and payments. Strategic business leader, communicator and people manager. Talented Senior Accountant highly effective at solving routine and critical issues across all operational levels. Specialize in Managerial accounting. Seasoned Accountant bringing more than 7 years of experience directing accounting systems for diverse business groups. Industrious and cost-conscious with excellent project management abilities. Advanced understanding of industry standards and accounting laws. Seasoned auditing professional knowledgeable about risk aversion strategies, cost reduction options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities. Hardworking and passionate job seeker with strong organizational skills eager to secure entry-level accountant position in US. Ready to help team achieve company goals. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
13
13
years of professional experience
Work History
Chief Accountant
DR Reddy’s Laboratories Ltd (Yangon Branch)
05.2023 - 01.2024
- Performing financial analysis and reporting to management as needed in accordance with the accounting standards
- Ensuring all marketing codes, DOs and SOPs are followed and documented before any payments
- Performing and managing month-end accounting activities such as reconciliations, journal entries cash flow and adherence to the local laws including payroll verification
- Review corporate and tax returns to ensure accuracy and compliance to local tax laws surrounding direct and indirect taxes
- Coordinating with Audit firms for expense audits, management audits and other statutory audits for year-end filing of returns
- Monitoring expenditures, determining budget variances, forecasting future expenses and reporting the same to Head Office
- Assisting in budget preparation and expense management activities for assigned accounts
- Monitoring, recording financial transactions, reporting transactions, accounting matters and reporting to management as needed.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Completed year-end closing processes with controllers and external auditors.
- Developed annual budgets in collaboration with senior management, aligning resources with company objectives.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Analyzed financial audit information and made recommendations to improve efficiencies.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Prepared monthly journal entries and reconciliations.
Senior Finance Manager
Deloitte Touche Myanmar Vigour Advisory Limited
07.2022 - 01.2023
- Lead and manage all finance and accounting related activities in the country
- Maintenance of statutory books for all legal entities in compliance with local regulatory and legal requirements
- Ensure timely and accurate closings, analyses and reconciliation of financials to meet global, regional and local management and statutory reporting requirements
- Manage cash flow and forecasting
- Continuously review the adequacy of financial controls and implement improvements where is necessary
- Analyze and recommend improvements in efficiency of various aspects of company operations internal and external benchmarks (ERP, Online Banking Process and SOP etc)
- Update and implement all necessary business policies and accounting practices locally when required
- Work with and enforce all internal departments to comply with accounting processes & procedures
- Effectively communicate and present the critical financial matters to the management
- Collaborate with other functions and with the Regional Finance Centre of Excellence and Shared Service Center on daily operations
- Liaise with auditors, tax and government authorities
- Supervise, manage and develop the accounting team
- Ad hoc finance projects to be assigned.
- Streamlined month-end close process through automation initiatives that increased data accuracy while reducing time spent on administrative tasks.
- Implemented new accounting software to automate manual processes, increasing accuracy and efficiency in financial reporting.
Finance and Accounting Manager
SUMITOMO CORPORATION - THILAWA GLOBAL LOGISTICS CO. LTD
08.2015 - 06.2022
- Reporting directly to the Managing Director and the Sumitomo Head Office (Parent Company) and leading a team of 6 staff
- Budgeting monthly cash flow (local MMK usage)
- Setting up, monitoring and updating Company Financial Policy and Accounting Procedures (SOP)
- Preparing monthly financial statements and financial analyst/ management report to SUMITOMO Head Office
- Setting and calculating departmental KPI
- Controlling daily/monthly cash transaction
- Managing insurance affairs (both of property insurance and liabilities insurance)
- Controlling receivables aging
- Preparing and submitting Annual Tax Return (IT/ CT) by self-assessment tax system
- Liaise with Large Tax Office and Thilawa Special Management Committee for company’s tax exemption affairs
- Liaise with big four firms for accounts to be audited for tax purpose and provide with necessary information and documents
- Liaise with IRD for return filing, submit yearly audited accounts, provide with necessary documents and information till assessment order is received
- Work with Sumitomo Head Office for making monthly/ quarterly/ yearly consolidated financial statements and annually/ quarterly data analysis
- Report to Corporate Tax Dept for group tax related matter
- Data key in SAP Accounting System for consolidation purposes
- Reporting financial statement overview performance on quarterly and yearly
- Work with group compliance and internal audit dept
- For company compliance and internal control & follow up activities (quarterly/ annually)
- Timely review and update company policies, and rules and getting approval.
- Strengthened internal communication channels between finance team members through regular meetings and collaborative tools.
- Implemented internal controls to reduce errors and fraud while maintaining regulatory compliance.
- Maintained high levels of confidentiality when dealing with sensitive financial information, ensuring data privacy and security.
- Oversaw the month-end closing process, ensuring timely and accurate financial statement preparation.
- Managed budgeting process for multiple departments, resulting in more efficient resource allocation.
- Assessed risks and opportunities, implementing strategies to mitigate potential losses and maximize gains.
- Ensured company tax compliance by staying up-to-date on legislative changes affecting the industry.
- Negotiated favorable contract terms with vendors, leading to cost savings throughout the organization.
- Developed and implemented various procedures to improve accounting process.
- Generated monthly and quarterly financial statements for executive review.
- Analyzed and reported on financial data to support business decisions.
- Collaborated with other departments to achieve accurate and prompt financial reporting.
- Monitored budget allocation and expenditures to enforce compliance with company policies.
- Developed strategic plans for day-to-day financial operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Utilized financial software to prepare consolidated financial statements.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
Follow up Auditor and Stock Controller (Part-time)
Shwe Yoon Mee Furniture Trading and Shwe Yoon Mee Construction Co., Ltd
12.2010 - 02.2021
- Checking and control Cash Book and Petty Cash Book
- Checking Stock Ledger (Raw Material, Work In Progress, Finished Stock and Consumable Stock)
- Taking Stock
- Checking purchase and sales
- Controlling material usage with standards and variances
- Cost Controlling
- Preparing monthly stock balance amount
- Budgeting Unit Cost
- Preparing monthly Profit and Loss A/c, Cash flow and Balance Sheet.
- Enhanced financial accuracy by conducting thorough audits and identifying discrepancies in financial statements.
Finance and Accounting Supervisor
TOA PAINT (MYANMAR) Co.,Ltd (Manufacturing Industry)
01.2015 - 08.2015
- Preparing Withholding Tax Certificate and remitting WHT to tax authority
- Budgeting monthly cash flow
- Reporting Cash Transactions to Thailand Office
- Preparing Billing Note for Receivables
- Reporting Monthly Receivables
- Controlling All Cash Transactions
- Data key in ERP Accounting System regards with Cash Transaction, Assets Maintenance, Receivables/ Payables and Journal Adjustment
- Work with Management Team to Review and Improve the Effectiveness of the Finance Processes
- Reporting Monthly Profit and Loss and Balance Sheet to Thailand Office
- Liaise with external auditor for accounts to be audited for tax purpose and provide with necessary information and documents
- Liaise with IRD for return filing, submit yearly audited accounts, provide with necessary documents and information till assessment order is received.
- Maintained cash flow by monitoring bank balances and cash requirements.
- Achieved timely financial reporting through proactive management of deadlines and priorities.
Section Head - Internal Audit Section
SMART GROUP OF COMPANIES (Oil and Gas Industry)
08.2013 - 12.2014
- Checking and control Cash Book and Petty Cash Book
- Attending the inventory count and analyze stock movements and report to Section Head
- Checking and control Fixed Assets List and maintaining Fixed Assets Register
- Preparing and check Invoices and monthly receivables
- Preparing General ledger and Trial balance
- Checking all the projects expenses and incomes which are accurate or not
- Checking to the area of the project site and reporting to Chairman and Section Head
- Daily Reporting to Section Head
- Preparing Income statement and Financial position to report Singapore External Auditor.
- Enhanced team productivity by providing ongoing coaching and professional development opportunities.
Senior Internal Auditor
SMART GROUP OF COMPANIES (Oil and Gas Industry)
09.2010 - 08.2013
- Checking and control Cash Book and Petty Cash Book
- Attending the inventory count and analyze stock movements and report to Section Head
- Checking and control Fixed Assets List and maintaining Fixed Assets Register
- Preparing and check Invoices and monthly receivables
- Preparing General ledger and Trial balance
- Checking all the projects expenses and incomes which are accurate or not
- Checking to the area of the project site and reporting to Chairman and Section Head
- Daily Reporting to Section Head
- Preparing Income statement and Financial position to report Singapore External Auditor.
- Presented clear, concise audit findings to senior management, offering actionable recommendations for improvements.
- Collaborated closely with external auditors during year-end audits to expedite procedures and minimize disruptions to business operations.
Education
Passed Matriculation Examination (Grade-11: Science Major) -
Bachelor of Business Management (BBM) (National Management College, University of Yangon) -
BSc (Hons) Applied in Accounting (Oxford Brookes University) -
Passed Matriculation Examination (Grade-11: Science Major) -
Bachelor of Business Management (BBM) (National Management College, University of Yangon) -
BSc (Hons) Applied in Accounting (Oxford Brookes University) -
Skills
- Microsoft Office, Microsoft Word, Power Point and Internet Email
- General Ledger Management
- Financial Statements
- Month-end close
- Payroll Processing
Age
34
Specialawards
- Basic Accounting Competition - BAC 2010 (3rd Prize Winner)
- Certificate of Achievement for Financial Accounting (ACCA)
- Certificate of Achievement for Management Accounting (ACCA)
Nrccardnumber
12/ TaMaNa (N) 108859
Personalskill
Good interpersonal skill, Flexible, Able to work under pressure, Good team player, Active and Self-motivated
Personal Information
- Date of Birth: 10/02/90
- Nationality: Myanmar
(1) MYAMAR (Native) (2) ENGLISH (Second Language) IELTS (Overall Band Score -6) • Listening: 6 • Rea
(1) MYAMAR (Native)
(2) ENGLISH (Second Language)
IELTS (Overall Band Score -6)
· Listening: 6
· Reading: 6-7
· Writing: 6
· Speaking: 6-6.5
Languages
Burmese
Native or Bilingual
English
Professional Working
Timeline
Chief Accountant
DR Reddy’s Laboratories Ltd (Yangon Branch)
05.2023 - 01.2024
Senior Finance Manager
Deloitte Touche Myanmar Vigour Advisory Limited
07.2022 - 01.2023
Finance and Accounting Manager
SUMITOMO CORPORATION - THILAWA GLOBAL LOGISTICS CO. LTD
08.2015 - 06.2022
Finance and Accounting Supervisor
TOA PAINT (MYANMAR) Co.,Ltd (Manufacturing Industry)
01.2015 - 08.2015
Section Head - Internal Audit Section
SMART GROUP OF COMPANIES (Oil and Gas Industry)
08.2013 - 12.2014
Follow up Auditor and Stock Controller (Part-time)
Shwe Yoon Mee Furniture Trading and Shwe Yoon Mee Construction Co., Ltd
12.2010 - 02.2021
Senior Internal Auditor
SMART GROUP OF COMPANIES (Oil and Gas Industry)
09.2010 - 08.2013
Passed Matriculation Examination (Grade-11: Science Major) -
Bachelor of Business Management (BBM) (National Management College, University of Yangon) -
BSc (Hons) Applied in Accounting (Oxford Brookes University) -
Passed Matriculation Examination (Grade-11: Science Major) -
Bachelor of Business Management (BBM) (National Management College, University of Yangon) -
BSc (Hons) Applied in Accounting (Oxford Brookes University) -
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