Jonathan Flores Cruz
Star International School - Mirdif
Dubai
23
years of professional experience
Financial and accounting professional with over 20-year experience in the field of financial reporting, AP/AR, GL preparation, budget forecasting, inventory and cash flow management and other areas of accounting. Independent, creative, and critical thinker with sound judgement and strategic decision-competencies as well as ability to manage time effectively. Proficient in various accounting software such as Oracle Netsuite, Microsoft Dynamics 365, Quick Books, Business Works, Al Ameen, Zoho, Odoo and others. Holds a degree in Bachelor of Science in Accountancy from Baliuag University. Passed the Certified Public Accountant (CPA) Licensure Examination in October 2012. Member of Philippines Institute of Certified Public Accountants (PICPA).
Work History
Assistant Finance Manager
3 Years 2 Months- Prepare comprehensive monthly and annual financial reports in accordance with IFRS, delivering key financial insights to Senior Management to support strategic decision-making. Streamlined and managed month-end and year-end closing processes, smoothly coordinating internal and external audits to ensure 100% regulatory compliance. Manage compliance and reporting requirements for UAE’s education sector, including the preparation of annual financial reports submissions to KHDA.
- Assist the Finance Manager in preparing and managing the annual school budget of tracking expenditures across academic and administrative departments. Track monthly spending against the approved budget, identify overspending, and report variances to the Finance Manager. Track capital expenditures and ensure that school projects remain strictly within their allocated budgets.
- Supervise the end-to-end billing, invoicing, and discount/scholarship application cycle for over 1,300 students. Reconcile advance tuition payments and manage the deferred revenue account accurately across academic terms.
- Oversee revenue tracking and invoicing for non-academic streams (transport, catering, uniforms, facility rentals) and coordinate payment collections for school trips and events.
- Oversee the full AP cycle, verifying vendor invoices against POs. Plan payment schedules to optimize working capital and provide accurate cash outflow forecasts.
- Process monthly payroll for all academic and support staff via the Wage Protection System (WPS) in full compliance with UAE Labor Law. Maintain accurate provisions for End-of-Service Benefits (EOSB).
- Prepare and file quarterly VAT returns through the EmaraTax portal in strict compliance with FTA regulations.
- Manage end-to-end bank reconciliations across multiple school accounts, tracking daily cash positions and streamlining online/direct tuition fee collections to accelerate month-end closing.
Chief Accountant
8 Years 11 Months- Oversight for all financial reporting, treasury, audit, payroll, VAT compliance and other financial and accounting areas.
- Prepares periodic Financial Reports such as Statement of Financial Position, Statement of Comprehensive Income, Cash-Flow Statements, Budgets and Revenue Forecasts. Ensuring all the reports are completed in a timely manner and contain accurate information.
- Reviews and reconcile the general ledger, identifying and thoroughly investigating any discrepancies and taking the proper corrective actions to resolve them.
- Ensures the integrity of accounting information and reconcile any financial discrepancies by performing analysis and research of accounting issues for compliance and establish quality over transactions and reporting.
- Conducts month-end, quarter-end, and year-end close processes to verify all entries have been created and posted, ensuring completeness, accuracy, and cohesiveness of information.
- Prepares monthly bank reconciliation, monthly payroll and employees’ gratuity and benefits calculation in accordance with the UAE labour law. Prepares and calculates quarterly VAT remittances.
- Attends to all the requirements and procedures of the annual financial statements external audit.
Accountant
1 Year 1 Month- Responsible for the preparation of Financial Statements and maintaining the book of accounts of the Parent Company and its subsidiary.
- Prepared Consolidated Financial Statement for annual and quarterly requirements of Security and Exchange Commission (SEC 17-Q & 17-A).
- Prepare eliminating entries of transactions related to parent and its subsidiaries.
- Monitored and maintained the schedules of deferred oil exploration cost, lapsing and depletion.
- Checked and reviewed cash disbursement voucher.
- Update fair market value of investments in securities.
- Ensured compliance to and accuracy of all taxes, related payment, and report.
- Attend to internal and external auditors during audit.
- 100% Owned Subsidiary of PetroEnergy Resources Corporation
Accountant
1 Year 2 Months- Prepared monthly Management Reports submitted to United Kingdom Head Office.
- Monitoring of Head Office recharges and prepared reconciliation and summary for payments.
- Performed monthly bank reconciliation and reconcile intercompany transactions.
- Ensured timely submission of statutory requirements to government agencies.
- Checked and reviewed journal entries, accounts payable and check vouchers.
- Prepared annual of income tax and report and alpha list submission.
Accounting Supervisor
7 Years- Responsible for the performance of the Accounting Department, with a task of supervising the five accounting staffs. Properly motivates the personnel to accomplish the following tasks, meet deadlines, and work with integrity and ethics with high standard of professionalism.
- Prepared monthly Financial Statements Reports, Monthly Sales, Aging of Receivables and Payables and monthly expenditures per department.
- Compiled all the books of accounts, checked, reviewed and maintained the accuracy and completeness of data.
- Performed monthly bank reconciliation of bank accounts, inventory reconciliation, costing and analysis.
Bookkeeper
10 Months- Keeps the accounting records of all financial transactions.
- Prepare trial balance, monthly statement of income and expenses, balance sheet, statement of cash flow, aging of receivables and payables, bank reconciliations.
- Government compliance requirements.
Education
Bachelor of Science in Accountancy - Accounting
Skills
Financial Reporting
Budget Forecasting & Strategic Planning
Cash Flow Management
Intercompany transactions
Inventory Management
Cost Accounting
Benefits and Payroll administration
Bank reconciliation
Fixed asset management
Audit coordination
Timeline
Assistant Finance Manager
Star International School - Mirdif
04.2023 - CurrentRead More
Chief Accountant
Moka General Trading LLC
05.2014 - 04.2023Read More
Accountant
Petrogreen Energy Corporation
03.2013 - 04.2014Read More
Accountant
Instone Philippines Inc.
02.2011 - 04.2012Read More
Accounting Supervisor
The Astra Group Inc
02.2004 - 02.2011Read More
Bookkeeper
SFI Management Consultancy Inc
04.2003 - 02.2004Read More
Baliuag University
Bachelor of Science in Accountancy from Accounting
Read More