Salomé Somoano Email & Phone Number

Miami, Fl, Us

Ch

Manage receivables portfolio of more than $1b. Prepare regional consolidation premium receivable monthly and quarterly results and other ad hoc reports including risk measurement, ageing commentaries, proposing action plans, and presenting conclusions.Prepare quarterly report with monthly variance analysis including relevant supporting explanations.Review and analyze credit extension request and submit for executives assessment.Participation in Credit/Receivables Committees with Countries and Regional Executives.Lead the implementation of Open Items Data Mart-OIDM system project to consolidate receivables ageing for the Region and respective credit terms.

Managed accounts receivable; setup, maintained and generated reports related to customer, vendor and sales. Assisted management in the preparation and analysis of month end and other reports; coordinated and performed accounting related projects for management.Reviewed and process expense reimbursements, monthly closing, prepare monthly commission reportsInterfaced with clients, subcontractorsManage recap process and acted as the accounting liaison between operations and accountingResolved bank reconciliation discrepancies in a timely mannerPerform statement-to-statement reconciliations with domestic and overseas partners and subsidiaries

Managed cost accounting functions, overseas reconciliation and processed financial analysis by supporting the decision-making process for forecast and budget.Provided consolidation and analytical support during the month-end process, budget and quarterly forecast AR control bank reconciliation, adjustment entries, AP supportPrepared analysis, reporting and presentations for the month-end close process by focusing on full P&L analysis, cash flow, managed fixed assets and associated depreciation Supported intercompany reconciliation and auditing

Responsible for payroll, accounts payable and receivables activities, as well as monthly closing including preparation of journal entries, billing and operations reconciliation. Provide support to external auditorsRecorded asset, liabilities and expenses entriesProcessed accounts payable, accruals, bank account reconciliations and trial balance

Worked closely with operations preparing weekly production and inventory reports to track and audit inventory to maintain adequate sales and inventory level and accuracy at the process order/trend analysis.Monthly financial operations, month end close, journal entries, accruals, costing and variance analysisProcessed bank statements, investigated cycle counting variances and resolved issuesPrepared balance sheet, reconciliations, financial records and general ledgerPerformed bookkeeping, financial and sales controls

Accounting manager of this business group. Oversaw monthly financial statement compilations, journal entries, accounts payable and related accruals, general ledger and bank account reconciliations. Developed new procedures for Accounting, Inventory that identified profitability by department and overhead expense pool, resulting in a reduction in expenses.Reconciled inter-company transactions and assisted with audit coordination Researched, reconciled and resolved years of month payables backlog and financial issuesImproved manual accounting processes created database reports in ExcelMonth-end, Quarterly, Year-end closing entries, adjustments, consolidation & Financial Statements

Tax Associatte, Taxes

Quickbooks Specialist

Bachelor'S Degree, Economics & Accounting

Bachelor'S Degree, Accounting And Finance