JHOVEN MABAQUIAO
Sharjah
Summary
I am a seasoned CPA professional with 8 years of comprehensive experience in Audit and Accounting. My expertise spans Internal Auditing and Risk Management, Real Estate Accounting, GL Review and Reconciliation, Financial Reporting, and Group Consolidation. Additionally, I excel in Policy Creation and ERP Implementation, as well as driving Business Process Improvement through process automation and re-engineering. Known for my collaborative leadership style, I am a highly sought-after professional who actively engages with top executives to shape company strategies. My track record demonstrates a consistent ability to coordinate and collaborate effectively within teams, fostering a positive and inclusive environment. Leveraging exceptional communication and interpersonal skills, I am dedicated to driving success through teamwork and innovation.
Overview
8
8
years of professional experience
1
1
Certification
Work History
HEAD ACCOUNTANT / ERP ANALYST
Montreal Management Consultants Est.
08.2021 - Current
- Manage the accounting operations for a portfolio of real estate projects with a combined value of over 600 million USD including the International Airport in Dominica, Housing and Apartments, and construction of high-rise building in Dubai
- Assisted management in establishing corporate structure, policies, and procedures for our newly established real estate company (i.e
- London Gate Real Estate Development LLC) in line with IFRS and RERA rules and procedures, which is expected to generate AED 2 billion in revenue from off-plan sales
- Accomplished the timely filling of VAT returns for real estate activity with input VAT refund recovery of over AED 5 million
- Overall responsible for the review of the Interim Payment Certificates (IPC) and Final Payment Certificates (FPC) submitted by Quantity Surveyors and/or Project Consultants which includes recalculation and comparison of the amount certified for payment against the contractor's Application for Payment (AP), approved BOQ, and/or quotations
- Authored and co-authored the manuals of operation and policies including the Corporate Governance, Employee Handbook, Procurement Policy, Payment Certificate, and Variation Order Policy for our real estate operation in Dominica
- Checking the general compliance of the construction project based on the approved FIDIC contract provisions and Budget
- Scrutinizing any variation orders and provisional sums before finalizing the payment
- Directly communicating with the Project Director and Site Engineers on possible breach of contract provisions, issues on billings, and/or statements of account
- Supervising the Real Estate accounting which includes system entries, invoice processing, monthly reconciliation of project cost/CIP account, retentions, advance payment, allocation of indirect project costs, and project variance report
- Managing and monitoring the petty cash fund for the construction project
- Maintaining proper record-keeping of contract documents, payment certificates, invoices, and receipts
- Safekeeping of guarantees (performance, advance payment, retention guarantees), security cheques, and warranties
- Applauded by the management for the creation of project monitoring for UAE and Dominica Construction Projects, highlighting consolidated project costs, project revenue, balances to contractors, overall project status as to completion, variance analysis, and profitability analysis.
CORPORATE FINANCIAL AUDITOR
Montreal Management Consultants Est.
08.2019 - 07.2021
- Conducted audits in the areas of banking and treasury, cash operation, HR and payroll, and finance and accounting to determine the accuracy of financial records
- This includes the daily examination of the books, invoices to clients (AR), billings from the supplier (AP), banking operations, revolving accounts, payroll processing, and construction projects
- Sending of GL audit review for unreconciled items and discrepancies in the accounting records
- Directly reporting to the General Manager about the preparation of consolidated financial statements and management reports.
CPA INSTRUCTOR (Part-Time)
Divine Word College of Legazpi
06.2016 - 03.2019
- Taught courses in Basic Accounting and upper-level courses in Financial and Managerial Accounting
- Received consistent 'Outstanding' ratings from both students and faculty evaluations.
INTERNAL AUDITOR
Camalig Bank, Inc. (A Rural Bank)
02.2016 - 05.2018
- Authored and institutionalized the adoption of the Risk-Based Internal Audit Methodology
- This initiative resulted in a more targeted, efficient, and risk-based approach to addressing risk areas within the core banking operations
- Acted as a team leader in performing the internal audit engagement with 100% execution of the Audit Plan and with a consistent 'Excellent' rating from Auditee.
Education
Bachelor of Science in Accountancy -
Divine Word College of Legazpi
Albay, BicolSkills
- Real Estate Construction Accounting
- FIDIC Contract Compliance
- Policy Creation and Implementation
- IFRS Implementation
- Financial Reporting and Group Consolidation
- Financial Modelling, Budgeting, & Variance Analysis
- Internal Auditing and Risk Management
- Business Processes Re-designing
- Full Cycle ERP Implementation
- General Accounting
- Leadership and Team Management
- Tax Compliance and Management
Certification
- CERTIFIED PUBLIC ACCOUNTANT (CPA), Philippine Professional Regulation Commission, 11/2015, No Expiration Date, 0169566
- CERTIFIED MANAGEMENT ACCOUNTANT (CMA), Institute of Management Accountant, Ongoing
- DRIVING LICENSE, UAE
References
References available on request
Timeline
HEAD ACCOUNTANT / ERP ANALYST
Montreal Management Consultants Est.
08.2021 - Current
CORPORATE FINANCIAL AUDITOR
Montreal Management Consultants Est.
08.2019 - 07.2021
CPA INSTRUCTOR (Part-Time)
Divine Word College of Legazpi
06.2016 - 03.2019
INTERNAL AUDITOR
Camalig Bank, Inc. (A Rural Bank)
02.2016 - 05.2018
Bachelor of Science in Accountancy -
Divine Word College of Legazpi