CARMEL THERESE LUGAY NUCUM, CPA
Dubai
Summary
Aspiring professional dedicated to building a sustainable career in business administration and accountancy, particularly within finance and business consultancy, leveraging technical expertise and leadership skills to drive organizational success.
Results-driven finance professional with a focus on financial analysis and strategic planning. Drives informed decision-making through comprehensive financial reporting and accounts administration. Aims to enhance organizational goals by leveraging technical and leadership skills. Detail-oriented finance professional skilled in budget management and process improvement. Cultivates strong client relationships and fosters team collaboration to enhance operational effectiveness. Committed to delivering accurate financial insights that support business growth.
Overview
17
17
years of professional experience
1
1
Certification
Work History
Management Accountant/Senior Accountant
HELP INFORMATION TECHNOLOGY AND CONSULTANCY LLC
11.2021 - Current
- Looks after the company's accounts, aids managerial planning and commercial decision-making tasks by providing appropriate financial information and undertaking related accounts administration
- Prepares reports for internal and external review to help the CFO.
- Performs a series of tasks to ensure the company’s financial security, handling essentially all financial matters and thus helping to drive the business’s overall management and strategy.
- Reviews all the regular deliverables of the team consisting of the transactions in the project monitoring system and ERP/Accounting System for all the processes – from Receivables Management, AP/Payables Management, Fixed Assets and Prepayments Amortization, Accruals, Periodic VAT and WHT Compliance reports, as well as Monthly Balance Sheet Review and Overhead Analysis
- Manages the daily finance operation activities of 2 entities within the group
- Mainly responsible for the month-end closing activities, including posting journal entries, calculation of revenue for each project, cost allocation, review of contracts, etc.
- Prepares the financial pack as per the current practices – this includes monthly/quarterly P&L, Balance Sheet, Cash Flow Statements, Project P&L, Forecast, and Segment P&L
- Assists in the preparation of annual statutory Financial Statements
- Ensures supporting schedules/reconciliations are available for Balance Sheet items
- Ensures that sales invoices of projects are issued on time
- Resolves queries from clients by investigating the issue and coordinating with other departments
- Monitors daily bank activities and AR collection status
- Prepares bi-monthly schedule of payments to vendors
- Designs and ensures that proper controls are in place for the preparation of Financial Statements
- Prepares financial schedules that may be required by department managers
- Responds to queries from internal and external stakeholders
- Monitors the status of projects under the entity to be managed
- Supervises the daily task and career plan of the Finance Assistant
- Proposes initiatives to improve efficiency of the existing processes
- Assists in the preparation of annual budget/monthly rolling forecast
- Coordinates with IT support in resolving issues that may arise in ERP
- Conducts periodic checks to ensure that ERP database is properly maintained
- Carried out essential tasks tailored to specific project needs
Associate (2016-2018) / Senior Associate (2018 to 2021)
Deloitte and Touche M.E. (DTME)
12.2016 - 11.2021
- Supported finance shared service centre in providing internal client services to various offices in UAE, KSA, Iraq, Libya, Bahrain, and Oman.
- Facilitated working capital management to maintain minimum WIP and accounts receivable.
- Helped review regular deliverables of the team, including transactions in project monitoring and ERP/accounting systems for processes such as receivables management and payables management.
- Aided in reviewing monthly and annual financial reports for partners and head office consolidation.
- Collaborated with internal and external audits to ensure compliance.
- Assisted in administering finance operations for business process solutions.
- Processed monthly payroll and managed employee-related tasks.
- Assisted in executing special projects, including system and RPA process implementations.
Accounting and Finance Manager
Fagor Home Appliances Middle East LLC
03.2016 - 10.2016
- Managed accounts payables and receivables to ensure timely transactions.
- Monitored and managed cashflow to ensure liquidity and support seamless company operations.
- Supported maintenance of financial books, ensuring accuracy from initial entries to finalisation of trial balance.
- Monitored income and expenses of subsidiary to ensure adherence to budget.
- Assisted in preparing monthly financial reports for head office review.
- Assisted with general accounting and reporting tasks to enhance financial transparency for subsidiary.
- Monitored internal controls to uphold financial security within subsidiary.
- Administered monthly payroll processes.
Accountant
Mediaquest FZ LLC
06.2014 - 12.2015
- Managed cash and cashflow activities for the company, ensuring accurate tracking and reporting.
- Compiled weekly cashflow report and cash forecast to support financial planning.
- Managed cash in hand and bank transactions, ensuring accurate recording, accounting, monitoring, and control.
- Conducted the monthly bank reconciliation for all company bank accounts in Dubai, KSA, and Lebanon.
- Oversaw petty cash for accounts department and monitored petty cash accounts in KSA and Lebanon.
- Coordinates directly with the Finance Director for the Company’s weekly cash planning
Senior Tax Associate (August 2013 to May 2014) / Tax Associate (November 2011 to August 2013)
SYCIP, GORRES, VELAYO and Co. (SGV and Co.)/EY PH
11.2011 - 05.2014
- Statutory tax and business tax services engagements
- Analyses clients’ financial statements to determine and quantify possible tax exposures or potential savings opportunities by performing technical research and calculations
- Performed contract tax services, assisting clients in preparation and review of monthly, quarterly, and annual tax declarations, ensuring timely accounting, filing, and remittance of all required national and local taxes.
- Drafted and discussed formal reports with clients, addressing tax issues and their impact on financial reporting, tax compliance requirements, and providing applicable recommendations.
- Performs tax compliance reviews for clients to ensure that they are in compliance to the tax provisions issued by the BIR and other regulatory bodies
- Assists clients in tax assessments and in certain matters that require negotiation with various government agencies
- Provides advice and support to clients on queries as well as on documentary and reportorial requirements with several regulatory bodies
- Updated clients on recent tax laws, regulations, and rulings, offering tax opinions on potential implications for clients' business strategies.
- Assists in customs compliance review and customs advisory services
- Performs test of controls, walkthrough tests and other audit procedures in the taxation processes of clients in support of audit and assurance engagements
- Performs reconciliation of books, returns and other pertinent supporting documents of clients in the event of tax assessment and customs compliance review
- Provided mentorship and training to staff to enhance their technical and interpersonal skills.
- Led and coordinated team-building events to enhance collaboration and morale among staff.
- Actively participates in several career development and career enhancement seminars/talks
Intern, Finance Department
Johnson and Johnson Phils., Inc.
04.2009 - 06.2009
- Assigned as sole student intern to “Reserve for Rebates Review Project”, focused on cleaning up Reserve for Rebates Account and streamlining rebates process flow, enhancing overall accuracy and efficiency.
- Shadowed daily activities of office staff to gain understanding of scope of work.
- Maintained organised and updated file systems for easy staff use.
- Contributed to project management tasks, tracking progress and coordinating with team members for timely completion.
Education
Bachelor of Science - Business Administration and Accountancy
University of the Philippines-Diliman
06-2011
Bachelor of Arts - Philosophy
University of the Philippines-Diliman
05-2007
High School -
College of the Holy Spirit of Tarlac
03-2005
Skills
- Financial reporting
- Budget management
- Project accounting
- Inter-company accounts
- VAT return filing
- Tax accounting
- Payroll management
- Tax return filing
- IAS/IFRS standards
- SAP ERP
- Microsoft Dynamics
- Microsoft Office applications
- Dolphin software
- Process improvement
- Client communication
- Team leadership
- Research and writing
- Pressure management
- Independent work ethic
- Motivation to learn
- Interpersonal skills
References
- Fabian K. delos Santos, Partner – Tax Reporting and Operations Group, SGV and Co. (Ernst and Young Philippines), Fabian.K.Delos.Santos@ph.ey.com, +639209618324/+639178948219
- Josenilo G. Mendoza, Partner – Tax Reporting and Operations Group, SGV and Co. (Ernst and Young Philippines), Josenilo.G.Mendoza@ph.ey.com, +639188787902
- Homer B. Nuqui, Director for Global Finance Services, Johnson and Johnson Philippines, hnuqui@its.jnj.com, +63 2 824 7901 ext 8796
- Girish Kumar Punamiya, Head of Accounting and Finance, Mediaquest FZ LLC, g.kumar@mediaquestcorp.com, +971504593696
- Jejomar Saraos, Senior Manager, Deloitte & Touche ME, jbsaraos@gmail.com, +971564767319
- Julie Ann Codimdim, Manager-Accounting, Help Information Technology and Consultancy LLC, Julie.codimdim@helpag.com, +971565072387
Certification
Certified Public Accountant (CPA)
Timeline
Management Accountant/Senior Accountant
HELP INFORMATION TECHNOLOGY AND CONSULTANCY LLC
11.2021 - Current
Associate (2016-2018) / Senior Associate (2018 to 2021)
Deloitte and Touche M.E. (DTME)
12.2016 - 11.2021
Accounting and Finance Manager
Fagor Home Appliances Middle East LLC
03.2016 - 10.2016
Accountant
Mediaquest FZ LLC
06.2014 - 12.2015
Senior Tax Associate (August 2013 to May 2014) / Tax Associate (November 2011 to August 2013)
SYCIP, GORRES, VELAYO and Co. (SGV and Co.)/EY PH
11.2011 - 05.2014
Intern, Finance Department
Johnson and Johnson Phils., Inc.
04.2009 - 06.2009
Bachelor of Science - Business Administration and Accountancy
University of the Philippines-Diliman
Bachelor of Arts - Philosophy
University of the Philippines-Diliman
High School -
College of the Holy Spirit of Tarlac