Jovelyn Araneta
Summary
Dynamic Senior Accountant with extensive experience at TMF Group, excelling in financial analysis and internal controls. Proven track record in enhancing compliance processes and mentoring junior staff. Expertise in VAT regulations and payroll processing, ensuring timely financial reporting and quality assurance. Committed to driving efficiencies and accuracy in accounting practices.
Overview
17
17
years of professional experience
Work History
Senior Accountant, Client Services
TMF Group
01.2023 - Current
- Manage month-end close processes, ensuring timely and accurate financial reporting.
- Develop and implement internal controls to enhance compliance and reduce errors.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Train and mentor junior accountants on best practices in accounting procedures, and about VAT laws and regulations.
- Ensure quality assurance by reviewing junior accountants' reports and deliverables.
Senior Accountant (R&D Assignment)
TMF Group
06.2024 - 08.2025
- Conducted research focused on VAT and Corporate tax compliance, analyzing regulatory changes and their implications.
- Collaborated with team members to create reports and recommendations for improving compliance processes and efficiencies.
Accountant
TMF Group
11.2014 - 12.2022
- Manage monthly financial closings and reconciliations, ensuring accuracy and compliance with established accounting standards.
- Prepare management reports that typically include account analysis, providing a detailed examination of financial data, trends, and variances.
- Manage the accounts payable process, including invoice receipt, verification, and timely payment to vendors.
- Lead audits, collaborate with external auditors, and provide documentation and support during external audits, ensuring all necessary information is readily available and compliant with audit requirements.
- Managed VAT compliance by preparing and filing VAT returns accurately and on time, ensuring adherence to tax regulations.
- Process payroll for clients by accurately calculating employee salaries and deductions, facilitating timely and reliable disbursement of payments to all employees.
Inventory Accountant
Westmin Food Chain Corporation (Jollibee Franchise)
07.2009 - 07.2014
- Check and record supplier invoices to ensure accuracy, and timely processing of payments.
- Manage and record intercompany stock transfers, maintaining accurate inventory records and costings associated with these transactions.
- Regularly update inventory pricing to reflect accurate stock transfer costings, ensuring precise financial reporting.
- Prepare monthly cost of sales reports, and compare them with store-calculated figures. Investigate discrepancies, particularly when percentage variances exceed standard thresholds, to identify potential issues at the store level.
- Conduct periodic inventory audits to verify stock levels, and ensure alignment with financial records.
- Perform various ad hoc tasks, including monthly cash count audits at stores.
Accounting Staff
UKC Builders, Inc.
06.2008 - 06.2009
- Collaborate with engineers to gather material requests. Canvas and compare prices from multiple suppliers.
- Draft and issue purchase orders based on approved requests, and maintain organized records of all purchase orders.
- Monitor and track the delivery of materials, and verify received goods against purchase orders.
- Responsible for managing petty cash and revolving funds, overseeing disbursements, maintaining accurate records, reconciling balances, and ensuring compliance with company policies.
- Ad hoc: Conduct a monthly cash count audit at three wet, and dry markets.
- Ad hoc: Process payroll for at least 500 employees.
Education
MBA - (Ongoing)
Far Eastern University
Manila, Philippines07-2026
Bachelor of Science - Management Accounting
Xavier University
Cagayan De Oro City03-2008
Skills
- Financial analysis
- Month-end financial closing
- Internal controls
- Knowledge of VAT regulations
- Tax compliance
- Financial account reconciliation
- Payroll processing
- Accounts payable management
- Audit process support
- General ledger accounting
- Bank reconciliation
- Quality assurance
- Expertise in Quickbooks, Zoho, Focus, Netsuite, Xero, Coupa, Concur
Timeline
Senior Accountant (R&D Assignment)
TMF Group
06.2024 - 08.2025
Senior Accountant, Client Services
TMF Group
01.2023 - Current
Accountant
TMF Group
11.2014 - 12.2022
Inventory Accountant
Westmin Food Chain Corporation (Jollibee Franchise)
07.2009 - 07.2014
Accounting Staff
UKC Builders, Inc.
06.2008 - 06.2009
MBA - (Ongoing)
Far Eastern University
Bachelor of Science - Management Accounting
Xavier University