Ishmael Molina
Ingleburn
Summary
Well Experience, goal-oriented Finance manager with a demonstrated track record of all areas in accounting including handling of ATO auditing; leading and preparing financial reports to summarize and forecast financial position of the business. Monthly Profit and lost reporting to management to keep business on track on its financial obligations. Be able to analyze recommend and implement changes into a business to improve cash flow management strategies, working capital and director’s royal cash payouts. Knowledge and experiences in the handling of any audits from ATO or external auditors. I have 15 years experiences in managing a team of AR and AP teams. Core competencies include
Overview
27
27
years of professional experience
Work History
Senior Finance Manager in Accounting Functions
CIE Ceramics (NSW) Pty Ltd
01.2012 - Current
- To oversee Company daily transactions and tasks.
- Organize, monitor and prepares monthly Cashflow, P&L, Balance Sheet and quarterly financial statement to Directors and bank institutions.
- Handling and liaising with Bank Institutions, insurance Brokers, customers, and international Suppliers both locally and overseas suppliers.
- Full involvement in the business future decision making by preparing monthly reports and discussing them in meetings with business leaders to make ongoing improvement and be able to accomplish monthly KPIs.
- This will allow the business to press the breaks or accelerate in the areas the business work performances is on demand every month.
- Monitoring, foreseeing, and controlling both a Wholesales company importer of Ceramics Tiles and assisting with a construction company with the preparation and organizing feasibility reports, job costing and bank construction loans.
- be able to managing a team of 7 including sales representatives, account receivable, payable and warehouse employees.
- Ensuring the Company set Turnover will be achieved i.e 18.75M.
- Able to Implemented a new software to manage and control inventory. This led to a better system to control stock management.
- Researched and introduced the business to acquire an insurances that protect the business against any losses of monies owing by its customers – Debtors insurances 90% Protection of the account receivable monthly earnings.
- Acquired Marine insurance and director’s insurance to protect business losses.
- Implemented a 1.5 M trade Finance to improve cash flow and purchase stock and be able to have the correct quantities of stock to sale each month efficiently.
- Set up a Sale Distribution reports showing funds allocations to be spent each month on stock, shipping, administrative cost and net profits.
- Improved financial reporting accuracy by streamlining the month-end closing process and implementing new accounting procedures.
- Well experiences and assisted with successful internal and external audits by providing comprehensive documentation and addressing inquiries in a timely manner.
- Managed cash flow effectively through diligent monitoring of receivables, payables, and bank reconciliations.
- Advised executives on investment opportunities and most effective financial systems to increase company profits.
- Reduced errors in financial statements by thoroughly reviewing and reconciling general ledger accounts on a monthly basis.
- Optimized tax strategies by collaborating with external advisors on complex tax matters, minimizing liability exposure.
- Improved cash flow management by monitoring working capital requirements and implementing best practices for optimizing liquidity.
- Conducted in-depth analysis of the company''s financial performance against industry benchmarks, highlighting areas for improvement or potential risks. - i.e Bottleneck Reporting.
- Developed policies and procedures for cash management, optimizing working capital usage and reducing borrowing needs.
- Implemented a robust risk management framework to identify, assess, monitor, and mitigate potential financial risks to the organization.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Created organizational structures to improve accounting and finance functions.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Utilized financial software to prepare consolidated financial statements.
- Evaluated and negotiated contracts to procure favourable financial terms.
- Created and managed financial models to evaluate corporate investments and acquisitions.
Assistant Finance Manager
Versatile Concepts Pty Ltd
01.2007 - 01.2012
- Company Overview: Company turnover - 21 M per annum
- Directed financial management functions, financial forecasts, and budgets; Oversee general accounting functions, including AR/AP, account reconciliation, and cash management
- Assisted with the improvement of AR and AP functions; Set annual budget for the company
- Evaluated and recommended new software application for payroll and AR
- High Developed skills in accounting and financial management decision to achieve established objectives
- Interact with management concerning financial forecasts and reports
- Company turnover - 21 M per annum
- Directed implementation of new technology that improved payroll processing and reducing operating expenses 20%
- Strategically restructured financial reporting processes in accordance with organizational changes
- Served as key leader in effectively managing 15% annual revenue growth by setting a budget and reducing the due day of payment of all outstanding debt payments from 30 days to 14 days
Assistant Finance Manager
Medicare Australia
01.1998 - 01.2007
- Company Overview: No Profitable organization – 285 M per annum
- Prepared financial reports, assisted on the preparation of quarterly budgets, and performed variance analysis in accordance with business plan
- To compile periodic financial reporting packages for senior management
- Carried out internal audits to ensure regulatory compliance and operational efficiency / accuracy
- Reduced monthly closing cycle by three days with identification and recommendation of enhanced closing procedures
- Awarded as employee of the year for 2007 in recognition of outstanding performance
- No Profitable organization – 285 M per annum
Education
MBA - Master of Principles Accounting And MBA Business A
University of Newcastle
Newcastle, NSW07-2024
Associate of Science - Diploma in Sciences
Nepean Collegue
Blacktown, NSW03-2012
H & R Block Tax Training Course -
Parramatta, NSW01.2008
Cert IV Accounting -
Liverpool TAFE
01.2007
Skills
- Management of all accounts
- Cashflow Management
- Job Costing on Inventory acquisitions
- Financial Analysis on cost and Sales
- Monthly Budgets
- Cost Reduction and recommendations
- Preparation of all financial Reports
- Payroll and PAYG lodgement STP
- BAS Preparation and lodgement
- Audit Preparation and dealing with External entities
- Cost control
- Debt management
- Tax planning
- Verbal and written communication
- Financial budgeting
- Mentoring and training
- Strategic planning
- Staff training
- Credit analysis
- Financial management
- Budget forecasting
- Cost accounting
- Business forecasting
- Insurance products
- KPI management
- Sales process development
- KPI development
- Financial revenue
- Lender relationships
- Capital budgeting
- Teamwork and collaboration
- Customer service
Personal Information
Title: Assistant Financial Accountant Finance Manager
Languages
Spanish
Professional Working
Italian
Elementary
Interests
- Playing Sports
- Camping
- Running
- Cycling
- Reading a lot
Timeline
Senior Finance Manager in Accounting Functions
CIE Ceramics (NSW) Pty Ltd
01.2012 - Current
Assistant Finance Manager
Versatile Concepts Pty Ltd
01.2007 - 01.2012
Assistant Finance Manager
Medicare Australia
01.1998 - 01.2007
H & R Block Tax Training Course -
Cert IV Accounting -
Liverpool TAFE
MBA - Master of Principles Accounting And MBA Business A
University of Newcastle
Associate of Science - Diploma in Sciences
Nepean Collegue
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