MARCIA GRACE LAZAROO
Pasir Ris
Summary
Experienced finance executive with 12 years of experience in the F&B industry. Currently working for a MNC dealing in the oil industry. Full sets of accounts (AR /AP / GL / Fixed Assets Schedule) Supervisory skills having supervised junior accounts assistant. Handling overseas entities in France and the United Kingdom and having exposure to foreign tax and accounting compliances Preparation of XBRL filing Office administration duties.
Overview
21
21
years of professional experience
Work History
Finance Executive
Musim Mas Holdings Pte Ltd
02.2020 - Current
- Overview: Proven to be versatile as I adapted well to a different industry. Working for a MNC has broadened my knowledge of multi currency management, exposure to bank loan management and withholding tax summaries. Working closely with our compliance team to check our internal controls. I was selected to handle the EDB audit of our R&D section. Knowledge of SAP B1. In 2023, I was assigned to handle the full sets of accounts for our foreign entities located in France and the United Kingdom.. This has given me exposure to foreign tax and accounting compliances.
- Monitor daily bank balances and managing cash flow to ensure there is enough for payments, currency conversions and loan repayments.
- Managing withholding tax summary by ensuring all tax receipts are in order and tally with tax calculations.
- Custodian for staff claims by checking all claims are in order before processing
- Liaising with our treasury team in order to perform currency conversions and fund transfers
- Preparing monthly bank reconciliations for all our bank accounts
- Inter-company reconciliations with our overseas subsidiaries
- Liaising with all departments within the company for invoice approval before making payments to our vendors via cheques or bank transfers.
- Journal voucher entries
- Managing accounts payable ageing report.
Finance Executive
Dome Coffees (S) Pte Ltd
06.2008 - 01.2020
- Overview: Worked closely with the finance manager to streamline operations within the finance department. Handled full sets of accounts independently where I liaised closely with tax consultants and auditors. I was in charge of supervising our junior accounts assistant. Enhanced reporting to our operations department by highlighting what changes can be made at the restaurants. Chosen to be part of the compliance team to conduct internal audits within our company. Knowledge of Sage Software ACCPAC
- Checking sales receipts & bank in slips received from our restaurants and ensuring all cash, visa and vouchers are accounted for and there are no discrepancies.
- Conducting monthly internal audits in our restaurants where I check their physical inventory and cash located in cash registers and safes
- Maintaining the fixed asset register by keeping track of additions, disposals and transfers.
- Prepare quarterly GST schedule and submission of GST to IRAS
- Planning and managing cash flow projections and keeping track of capital expenditure whenever a new restaurant is opened.
- Managing vendor accounts and staff claims before processing payments via cheques or bank transfers.
- Bank reconciliations and inter-company reconciliations
- Analyse monthly financial statements and management reports
- Preparing audit schedules and liaising with auditors and tax consultants.
Accounts Assistant
GP Industries Ltd
10.2007 - 05.2008
- Preparing payment vouchers, debit notes, receipts and journal vouchers
- In charge of issuing cheques to vendors and for fund transfers
- Coding of invoices
- Prepare monthly financial statements and management report
- Prepare audit schedules
- Bank reconciliations and inter-company reconciliations
- Maintaining fixed asset schedule
Accounts Assistant
Kentucky Fried Chicken Management Pte Ltd
01.2005 - 01.2006
- In charge of issuing cheques to vendors and for fund transfers
- In charge of petty cash and updating petty cash report
- Coding of invoices
- Liaising with restaurant managers and banks to handle customer’s visa disputes
- Journal entries and preparing balance sheet schedules
Education
Diploma - Accountancy
Ngee Ann Polytechnic
05.2003
O Levels - undefined
Broadrick Secondary School
12.1997
Skills
- Cash management for multi currency and cash flow reporting
- ERP systems (SAP B1, Sage Software ACCPAC )
- Able to work independently
- GST calculation and submission to IRAS
- Witholding tax management
- Monthly management reporting and financial statements
ADDITIONAL INFORMATION
Fluent in English, Some spoken mandarin knowledge
Accomplishments
- Worked together with my finance manager to streamline the standard operating procedures in our finance department. This resulted in a more efficient way of checking documents hence bringing forward our closing from 15 days to 10 days.
- Collaborated with operations department to customise our POS systems in our restaurants so that the finance department could extract reports in a more timely manner
- Assigned to update menu and pricing in our POS system.
- Promoted from Accounts Assistant to Finance Executive and was tasked with handling full sets of accounts, GST reporting and preparation of audit schedules
SOFTWARE
- Sage Accounting Software (ACCPAC)
- SAP B1
- Konverge POS Systems
- Microsoft Office, outlook and internet
ADDITIONAL INFORMATION
Availability: 1 Month’s Notice
Timeline
Finance Executive
Musim Mas Holdings Pte Ltd
02.2020 - Current
Finance Executive
Dome Coffees (S) Pte Ltd
06.2008 - 01.2020
Accounts Assistant
GP Industries Ltd
10.2007 - 05.2008
Accounts Assistant
Kentucky Fried Chicken Management Pte Ltd
01.2005 - 01.2006
Diploma - Accountancy
Ngee Ann Polytechnic
O Levels - undefined
Broadrick Secondary School