Ma. Priscilla Magallano

• performs accounting, auditing and bookkeeping work for clients who are in the following businesses: ecommerce (selling items online – Ebay, Amazon, Shopify, Etsy, Walmart), real estate & manufacturing businesses, business startups, etc.
• trouble-shooting of bookkeeping records
• enters and pays bills, updates inventories, reconciles books
• Accounts Payable and Accounts Receivable management

• Performed and managed the month-end close down process to ensure that the financial books reflect true financial out turn
• Developed and implemented changes in the month-end reporting policies and procedures to deliver accurate reports
• Conducted sales office audits & weekly inventory counts
• Prepared the yearly operational expenses budget
• Prepared the monthly financial statements and other monthly operations reports to include variance explanations for fixed and variable expenses
• Others: Bank reconciliation and preparation of inter-office memoranda

• Responsible for the month-end closing of the Plant level and for the total Visayas operations; consolidated the monthly financial statements for the whole Visayas Region
• Consolidated the annual operational expenses budget for the Visayas Regions
• Prepared the Profit and Loss Report for the Mandaue plant; reviewed monthly financial performance and provided variance analysis
• Took charge of quarterly payments of business taxes and real estate taxes;

Note: Same functions under Finance Associate II.

Only an upgrading was done as to the level and salary

• Performed and managed the month-end closing activities on a Division Office level and responsible for the submission of accurate financial reports from Division Office to Corporate Accounting
• This function entails preparing, checking, reviewing, processing and consolidating reports from Division Office, Iligan Plant & the Copra Buying Stations for the Oils and Fats Business and for other businesses under AGRI division which are the Aqua Operations and Food International
• Provided direction over the general accounting function including General Ledger, Accounts Payable, Accounts Receivable, Financial Statements preparation and financial Analysis
• Reviewed monthly financial performance, provided variance analysis and brief senior managers on the results highlighting any material deviations from the expected performance

• Prepared the monthly actual and estimated Profit and Loss Statements for the Oils and Fats Business of the SMC Agribusiness Division
• Took charge of the preparation of the Cost Sheet for Oils & Fats business
• Assisted in the budget preparation for AGRI for the years 1996 - 1998
• Assisted in the preparation of presentation materials for MANCOM & OPCOM meetings
• Attended extensive hands-on training on MaxGL System processing while on frequent long duration official travels to Division Office for the period December 1996 up to March 1998

• Same functions as Accountant position
• Only an upgrading as to job level was done

• Prepared the Monthly Financial Statement Package and the Monthly Project Cost Report of the Mactan Shangri-La Hotel Project
• Prepared the Monthly Consolidated Financial Statements of Mactan Shangri-La Projects and Hotel Operations for the period April to December 1994
• Generated manually at month-end the detailed schedules/balances of Construction Work in Progress (CWIP) - Hotel, General and Administrative Expenses, Advances to Contractors and Suppliers, Prepaid Letters of Credit, Retention Fee Payable, Short-Term Investment, Shareholder's Loan and International Finance Corporation (IFC) Loan
• Took charge of maintaining subsidiary ledgers of both foreign and local contractors, foreign consultants and suppliers
• Handled the reconciliation and closing of the accounts for contractors and suppliers and determine final amount for payment
• As acting head of the Accounting Dept

• Handled the general bookkeeping and the preparation of financial reports for PITO-P Cebu Office and ensured that it conformed with USAID guidelines
• Acted as the technical assistant and as such assisted in the packaging of project proposals for USAID funding which benefits the industry associations in Cebu such as metalworking, furniture, gifts, toys and housewares, etc

• Handled the general bookkeeping procedures for the foundation and prepared regular financial reports on the status of livelihood projects funded by different government agencies.
• Prepared and packaged project proposals which are submitted and approved for funding by the Dutch Rural Assistance Development Program (DRDAP) and the Philippine - Australian Community Assistance Program (PACAP)
• Assisted in the maintenance of appropriate books of account for DTI-assisted projects undertaken by the cooperatives and industry associations
• Handled numerous trainings and lectures on accounting & management information systems installation for DTI-assisted livelihood groups in Bohol

• Assigned as support staff of the Trade & Industry Development Division (TIDD) particularly under the Research and Studies Section and handled the following tasks:
• Prepared project proposals, feasibility studies, area development programs, investment profiles and resource profiles
• Monitored various DTI financing programs
• Handled database generation which entailed coordination with different government agencies, industry associations and private firms
• Assisted in the preparation of other reports such as: annual economic indicators and provincial resource profiles