Raquel T. Email and Phone Number
An experienced Finance professional with background in Audit, Cash Management, Billing & Collection, Revenue Sales and Cost Accrual, General Ledger and Account Reconciliation, Cost Analytics, Financial Statement Analysis, and Management Reporting. A skilled accountant with a demonstrated history of working in the audit firm, financial services and shared service industries.CORE COMPETENCIES AND ACHIEVEMENTS:• Extensive background in various fields of Accounting. In-depth knowledge in general accounting, bookkeeping, audit, financial and management reporting. A Subject Matter Expert (SME) in Accounting for Share-based Compensation topics. • Industry exposure. Experience working in an audit firm, consumer goods and services, financial services, and shared service industries. I have worked in a German multinational investment bank and financial services company for almost 7 years.• Winner of multiple awards. Received awards such as Employee of the Month, Spot Awards, and Team of the Month due to involvement in various process improvement initiatives. Recognized on successful migration of Analytics role from UK. Service awardee of Deutsche Bank Group Finance Manila for the commitment and dedication to the organization.• Strong analytical and problem solving skills. Ability to analyze and solve complex problems and make decisions in the most effective way. This led me to take on more complex tasks and became an SME. Strong skills in data analysis and reconciliation processes. Can work independently with very minimum supervision. • Keen attention to details. Accurate, reliable, and diligent. Observe high level of accuracy and work productivity. Effective time management with the ability to manage priorities to meet strict deadlines.• System utilization and Technology skills. Advanced proficiency in MS Office applications (Excel, Word, Powerpoint), reporting tools such as Janus BCS, GGLRep+ and Cognos, and ERP systems Oracle and SAP.
Merck Group
View- Website:
- merckgroup.com
- Employees:
- 31759
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Expert - General Ledger And ReportingMerck GroupCalabarzon, Philippines -
Expert - General Ledger & ReportingMerck Group Sep 2023 - Present -
Senior Accountant - General Ledger & ReportingMerck Group Sep 2019 - Aug 2023 -
Financial Reporting - Legal Entity ControlDeutsche Bank Feb 2017 - Jul 2018Bonifacio Global City, Taguig, PhilippinesPreparation of head office financial statements and local statutory accountGather and analyze financial data, key performance indicators, cost allocation, location/tax regime-based accountingCost analysis, identify drivers, variance analysis and trends; tax calculation and adjustmentsEnsure accuracy and timely submission of financial and management reports on a monthly, quarterly and annual basis.Support financial decision-making information by collecting, analyzing, investigating, and reporting financial data. Maintaining a strong control environment by upholding compliance standards, internal controls and best practices. Responsible for identifying and participating in efficiency and effectiveness via continuous process improvement, standardization and implementing system changes.Closely partner with other professional service center teams and ensure that reports produced are complete and accurate.Escalate and provide guidance on issue resolution by working closely with Country Finance and various stakeholders.Assist in the periodic audit both internal and external and respond on a timely manner to any audit queries. -
Subject Matter Expert (Compensation Cost Analytics)Deutsche Bank Jan 2015 - Jan 2017Bonifacio Global City TaguigConducts integrity checks for ledger and risk controlling processes to ensure accuracy and transparency in financial, management, and regulatory reporting.Perform support to onshore Finance Director in performing Cost Operations Process for Compensation.Perform the V&C process for dbCoBRA production results related to Stock Compensation and Cash Bonus of Deutsche Bank Group. Perform global review of Compensation Cost accruals and ensure adjustment/correction of noted variances through close coordination with the Supervisors.Perform analytical review of process outputs to detect irregularities, errors or variances.Review the team’s processes and proactively identify and resolve control gaps. Work closely with global counterparts and build SME knowledge in DKS for globally managed compensation accounts. -
Accruals Specialist (Compensation Cost Close)Deutsche Bank Nov 2011 - Dec 2014Bonifacio Global City, Taguig, PhilippinesWorked under the Compensation Cost Close Operations Team.Checks and validates Compensations costs for monthly accrual booking.Maintains files of the monthly bookings and ensure orderly filing of all documents.Coordinates with GL Accountants on the resolution of variances/discrepancies on the bookings.Takes charge of the accurate and timely upload of Compensation costs to SAP System.Coordinates with Onshore Finance/HR to address discrepancies and issues related to reports submitted.Attends to audit and other requirements from internal and external auditors and government agencies.Perform monthly review process/substantiation on Compensation accounts’ life-to-date balancesImplement agreed procedures and timetablesInitiates process and/or system improvements in areas of responsibilityResponds proactively to customer feedback and concerns for immediate resolution -
Finance Accounting SpecialistJollibee Group Of Companies Jul 2008 - Jul 201010Th Floor Jollibee Center, San Miguel Ave, Ortigas Center, Pasig City, PhilippWorked under the Promo Accounting Team(Billing Process) Prepares summary for billing and charges of all product pull-outs/services to all Non-Store/Clients in compliance to set timelines and standards.Account for all cash deposits daily for all Credit Card/Remittances payments to establish completeness of cash in compliance to set timelines and standards. Maintain daily schedule.Process request for manual SOA’s/Billings to Clients like Bulk Orders and sales of GC.Prepare Journal entries related to assigned account (online, non-online, Bulk Orders, credit card, remittances, promo tie-up) both for Co-Owned and Franchise Stores.Prepare exception reporting for all deviations/disparity from the billing vs. actual supporting documents or Accounting records.(Collection Process) Preparation of detailed Weekly Customer schedules of Billing per Client.Monitor and identify items or billings that are about to due for collection for the week. Basis will be the MOA.Monthly reconcile bank accounts through bank recon report for account related to tie-up to establish completeness of cash to avoid losses.Analyze and review thoroughly the report of summary of Bulk Order for the allocations of food delivered, discounts, novelties, amenities, outside purchases and other expenses.Prepare journal entries related to collections from assigned account (MO Accounts, bank recon).Prepare exception reporting for all deviations or disparity from collections and delayed payments.Prepare and analyze weekly schedule per Client, to ensure timely collection and avoid overdue accounts.Prepare and analyze monthly Aging Report to monitor and ensure AR balances are current.Prepare computation and impose penalty charges for delayed or overdue account.Attends workgroup and monthly meetings to address system and accounting requirements; escalate issues and concerns to the Group. Apply appropriate Cash Control Policies and procedures. -
Revenue Sales AccountantJollibee Group Of Companies Apr 2007 - Jun 200810Th Floor Jollibee Center, San Miguel Ave, Ortigas Center, Pasig City, PhilippWorked under Revenue Sales TeamChecks and validates daily sales and daily cash reports.Monitors and validates daily cash deposits vs POS and/or through validated deposit slips.Maintains files of the DSR and ensure orderly filing of all sales documents.Coordinates with stores and GL Accountants on the resolution of cash shortages.Takes charge of the accurate and timely upload of sales to Oracle System.Process free meal transactions.Prepares billings to companies with tie-ups and coordinates with Revenue-AR Team.Encodes daily sales to sales template for upload to Oracle and for submission to Malls to be used as basis of computation of percentage rentals.Coordinates with Store Managers to address discrepancies and issue related to reports submitted.Attends to audit and other requirements from internal and external auditors and government agencies.Implement agreed policies and procedures.Initiates process and/or system improvements in areas of responsibility.Responds proactively to customer feedback and concerns for immediate resolution.
Raquel T. Education Details
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Accounting
Frequently Asked Questions about Raquel T.
What company does Raquel T. work for?
Raquel T. works for Merck Group
What is Raquel T.'s role at the current company?
Raquel T.'s current role is Expert - General Ledger and Reporting.
What schools did Raquel T. attend?
Raquel T. attended Polytechnic University Of The Philippines.
Who are Raquel T.'s colleagues?
Raquel T.'s colleagues are Eric Glickmann, Henry (Yijun) Chen, Laura Flores, Fabien Darche, Hyosil Choi, Bin Yu, Jae Young Lee.
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