ELLEN MAY ABUAN
Accounting Manager
Dubai
Summary
A highly qualified Certified Public Accountant with 14 years of combined experience in general accounting, management reporting, auditing & financial statement review, tax & statutory compliance, payroll operations, process documentation and team management. Well-versed in producing reports and handling month- and year-end closings. Detail-oriented with strong analytical and critical thinking skills.
Overview
12
12
years of professional experience
4
4
years of post-secondary education
Work History
Accounting Manager
KARPOWER INTERNATIONAL DMCC
1 2023 - Current
- Review journal entries and schedules prepared by accounting specialists for 30 companies.
- Analyze financial statements, including income statements, balance sheets, and cash flow statements
- Oversee preparation and filing of tax returns including VAT and ESR reports
- Collaborate with other departments and provide financial data for other statutory compliance (CbCr).
- Coordinate efforts between accounting team and other departments to ensure accuracy in interdepartmental transactions recording and proper cost allocation.
- Assist executive management in making informed business decisions with accurate ad-hoc financial analysis as needed.
- Facilitate staff development through regular training sessions on new accounting standards, software upgrades, or company-specific policies changes.
- Manage and lead accounting team by providing insights and attending to their day to day queries.
- Achieved timely financial reporting through diligent preparation and analysis of monthly, quarterly, and annual reports.
Accounting Assistant Manager
KARPOWER INTERNATIONAL DMCC
1 2020 - 1 2023
- Reviewed journal entries posted by accounting specialists, ensuring compliance with accounting procedures and standards.
- Updated ECL template for calculations of IFRS 9 provisions.
- Posted IFRS 16 adjustments in system according to excel calculations.
- Prepared and analyzed financial statements, including income statements, balance sheets, and cash flow statements.
- Prepared schedules for VAT returns.
- Took active role in ESR study and reporting of company during 2020.
- Assisted with month-end closing procedures for accurate financial statements and reporting.
- Developed and implemented procedures to improve accounting process such as system updates, monthly closing checklist, training checklist and process guide documents.
- Created report template and procedures for detailed allocation of costs related to fuel trade operations by project/country.
- Reduced discrepancies in financial data with thorough account reconciliations and adjustments.
- Managed successful audits by collaborating effectively with external auditors.
Accounting Specialist
KARPOWER INTERNATIONAL DMCC
04.2016 - 01.2020
- Processed documents such as invoices, petty cash transactions, employee reimbursements, and statements.
- Reconciled bank transactions daily.
- Submitted vendor registration requests in system, ensuring complete documentation (vendor form, certificate of registry, bank details, authorized signatory lists).
- Completed month-end closing process by preparing journal entries for accruals and deferrals, account reconciliations, and variance analysis reports.
- Conducted regular reviews of fixed asset records, ensuring proper depreciation calculations and accurate recordkeeping.
- Improved financial accuracy by performing detailed account reconciliations and resolving discrepancies (vendor & customer reconciliation, related party balances).
- Prepared working papers, reports and supporting documentation for audit process.
- Actively participated in VAT implementation and documentation in company during 2018.
- Trained new employees on accounting principles and company procedures.
Payroll Operations Manager
IBM BUSINESS SERVICES, PHILIPPINES
03.2012 - 02.2016
- Managed day to day US payroll operations for international client with over 50,000 employees.
- Ensured that any escalated payroll cases are resolved within turnaround time.
- Handled service level agreement reporting with client and worked with different teams in identifying root cause and preventive actions for reported issues.
- Created process improvements such as automation and standard templates and checklists for efficient processing.
- Worked with client on overpayments project to increase recovery from employees.
- Continuous review and update of business process documents
- Focal for external and internal audit activities
- Held career development discussions with direct reports.
PAYROLL AND ACCOUNTING SPECIALIST
IBM BUSINESS SERVICES, PHILIPPINES
01.2010 - 3 2012
- Managed daily banking activities such as monitoring of direct deposit returns and exceptions checks, reissued payments according to standard process.
- Managed stop payment process for direct deposit and check payments made to incorrect accounts.
- Calculated employee net overpayments & prepared overpayment letters, monitored repayments and processed tax adjustments on employees’ records.
- Contributed to stabilization of banking process which was hot item in 1Q 2011.
- Designed overpayment process in 2Q 2011, documented procedures and obtained approval from client.
- Received several commendations from client for ability to provide sound resolution/explanation to highly
sensitive and critical employees.
Education
Bachelor of Science in Accountancy -
Central Luzon State University
Nueva Ecija, Philippines 06.2005 - 04.2009
Skills
General Accounting (GAAP/IFRS Knowledge)
Financial Reporting & Analysis
Management Reporting
Budgeting & Forecasting
Variance Analysis and Reconciliation
Business Process Analysis & Documentation
VAT & ESR Reporting
Problem-Solving Skills
Time Management Skills and Ability to work under pressure
Proficient in Microsoft Office
Software Proficiency (SAP)
Accomplishments
- IBM Manager’s Choice Award – 4Q 2015
- IBM 2013 MDC Top Talent pool member
- Fundamental Payroll Certification from the American Payroll Association in 2012 – ranked 2nd among all IBM-Manila exam takers for that season
- Effective Knowledge Transfer training at IBM Endicott, New York
- Accounts are 100% reconciled and timely submitted
- Several client and management commendations for outstanding performance
Affiliations
- UAE VAT Training – PWC (November 2019)
- Basic Blue for IBM Leaders (May 2013)
- Performance Management Giving Feedback (January 2013)
- Performance Management Communicating a PBC Assessment (January 2013)
- Fundamentals of Payroll Certificate (August 2012)
- Advanced Excel Training (September 2011)
- Conflict Management (July 2011)
- Account Reconciliations Overview (November 2010)
- Knowledge Transfer - Endicott, New York (2010)
Personal Information
- Nationality: Filipino
- Marital Status: Married
Timeline
Accounting Specialist
KARPOWER INTERNATIONAL DMCC
04.2016 - 01.2020
Payroll Operations Manager
IBM BUSINESS SERVICES, PHILIPPINES
03.2012 - 02.2016
PAYROLL AND ACCOUNTING SPECIALIST
IBM BUSINESS SERVICES, PHILIPPINES
01.2010 - 3 2012
Bachelor of Science in Accountancy -
Central Luzon State University
06.2005 - 04.2009
Accounting Manager
KARPOWER INTERNATIONAL DMCC
1 2023 - Current
Accounting Assistant Manager
KARPOWER INTERNATIONAL DMCC
1 2020 - 1 2023
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