Lalaine Liza Balaba
Nassau,Bahamas
Summary
Versatile accounting professional with several years of experience and proficiencies in account management and reporting. Well-versed in updating and standardizing controls and streamlining procedures to increase productivity and reduce errors in accounting files. Offers advanced abilities with quickbooks pro and microsoft office. Demonstrates exceptional leadership in guiding teams towards achieving financial objectives, with a focus on strategic accounting and administrative support.
Overview
14
14
years of professional experience
Work History
Accountant
Bahamas Experience Tours & Travel
Nassau, Bahamas
03.2022 - Current
- Prepare accurate and timely monthly, quarterly, and annual financial statements in compliance with GAAP and IFRS.
- Maintain and oversee the general ledger for the financial portfolio.
- Coordinated with external auditors during the annual audit process by providing requested documents and responding to inquiries in a timely manner.
- Reported on financial results including balance sheets, income statements, cash flow statements.
- Provided guidance to other departments regarding accounting policies and procedures.
- Reviewed invoices for accuracy and completeness prior to payment processing.
- Monitored balance sheets and income statements to evaluate financial performance.
- Reviewed financial information detailing assets, liabilities, and capital.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Completed daily cash functions, such as account tracking, payroll and wage allocations, budgeting, disbursements, and cash and banking reconciliations.
- Identified and investigated variances to financial plans and forecasts.
- Monitored the employee team while handling day-to-day accounting processes and financial accuracy.
Accountant
Curling & Mohan Ltd.
Nassau, Bahamas
07.2021 - 10.2022
- Monitored the monthly expenses.
- Monitored cash, credit, accrued expenses, and line of credit transactions.
- Monitored the daily income from the bank deposits.
- Identified and investigated variances in the income and expenses report.
- Reconciled accounts, and reviewed expense data, net worth, and assets.
Property Manager
Bahamas Vacation Club
Nassau, Bahamas
08.2020 - 07.2021
- Evaluated and recommended changes in rental pricing strategies to remain competitive in the market.
- Minimized vacancy periods by collaborating with building owners to strategize improvements to marketing initiatives, business plans, and tenant outreach programs.
- Verified income, assets, and expenses, and completed the file tracking sheet for each applicant.
- Met with clients to negotiate management and service contracts.
- Managed overall tenant relations, promoted tenant satisfaction and streamlined services delivery.
- Oversaw daily operations, maintenance, and administration of various properties.
- Negotiated rates and prepared documents such as communization, pooling and production sharing agreements.
- Implemented cost-cutting measures where appropriate in order to reduce overhead costs without compromising quality standards.
- Coordinated with maintenance and contractors to promote timely turnovers after move-outs.
- Inspected properties regularly to identify deficiencies and schedule repairs.
- Managed and oversaw operations, maintenance and administration of properties.
- Drafted and monitored budgets for overall maintenance and operations.
Client Accountant
Equity Bank & Trust
Nassau, Bahamas
07.2019 - 07.2020
- In charge of daily updating the foreign exchange rates and the market prices.
- Responsible for posting daily bank transactions to primacy market.
- Monitor external fees, and calculate internal charges for the following bank transactions:
- Foreign exchange rate.
- Buying and Selling Trade.
- Internal bank-to-bank transfers.
- Call Deposits.
- Local and international bank transfers.
- In charge of the client's monthly statement.
- In charge of the client's month-end assets portfolio.
- Responsible for monthly securities and bonds reconciliation.
- Assisted in the generation of monthly and quarterly profit and loss reports.
- Review, check, and verify with KYC documentation.
- Provide a periodic review in a timely manner.
- Audit, review, and provide a risk rating report.
Accountant / Assistant to HR
Titan Hospitality Ltd.
Nassau, Bahamas
09.2016 - 07.2019
- Managing all accounting operations, including billing, accounts receivable, accounts payable, general ledger, counsel, cost accounting, inventory accounting, and revenue recognition.
- Coordinating and directing the preparation of the budget, financial forecasts, and report variances.
- Preparing and publishing timely, monthly financial statements.
- Supporting the month-end and year-end close process.
- Ensuring quality control over financial transactions and financial reporting.
- Managing compliance with local, state, and federal government reporting requirements, and tax filings.
- Business controls the function of developing and documenting business processes and accounting policies for the administrative organization to maintain and strengthen internal controls.
- Preparing or updating employment records for hires, transfers, promotions, and terminations.
- Explaining human resources policies, procedures, laws, and standards to new and existing employees.
- Ensuring new hire documentation is completed, vetted, and processed.
- Informing job applicants of job duties, responsibilities, benefits, schedules, working conditions, promotion opportunities, etc.
- Addressing any employment relations issues, such as work complaints, and harassment allegations.
- Processing all personnel action forms, and ensuring appropriate approval.
- Overseeing the hiring process, which includes coordinating job posts, reviewing resumes, and performing reference checks.
- Assisting with processing employee grievances.
- Overseeing engagement programs and other employee relations work.
- Preparing government reports for employment regulatory compliance.
- Processing business licenses and various other annual renewals.
- Assisting administrative staff in delegating and segregating responsibilities to ensure performance.
Office Manager / Internal Accountant
Arocrest Management Philippines, Inc.
Mandaluyong City, Philippines
08.2013 - 08.2016
- Maintained the computer and physical filing system.
- Oversaw office inventory activities by ordering, requisitions, stocking, and shipment receiving.
- Optimized organizational systems for payment collections, accounts payable/accounts receivable, deposits, and recordkeeping.
- Established workflow processes, monitored daily productivity, and implemented modifications to improve the overall performance of personnel.
- Managed office operations while scheduling appointments for department managers.
- Managed budgets, appointment scheduling, employee and event itineraries, and accounts to improve productivity initiatives.
Accounts Assistant
FRD Food & Spices, Inc.
Ortigas City, Philippines
08.2010 - 08.2013
- Performed administrative and clerical duties, such as word processing, data entry, faxing, and copying.
- Prepared and mailed invoices to customers, processed payments, and documented account updates.
- Maintained clean and organized files by keeping accounts payable records up to date.
- Processed payments and documents such as invoices, journal vouchers, employee reimbursements, and statements.
Education
Bachelor of Science - Accountancy, Major in Accounting
University of Mindanao Tagum College
Philippines03-2004
Skills
- Cash flow management
- Account reconciliation processes
- Financial reporting
- Payroll liability and deductions
- Accounting recordkeeping
- Generally accepted accounting principles (GAAP) Accounting
- QuickBooks expert
- Accounts payable and receivable
- Tax return filing
- Management accounting
- Payroll management
- Accounting and bookkeeping
- Administrative support
- General ledger accounting
Timeline
Accountant
Bahamas Experience Tours & Travel
03.2022 - Current
Accountant
Curling & Mohan Ltd.
07.2021 - 10.2022
Property Manager
Bahamas Vacation Club
08.2020 - 07.2021
Client Accountant
Equity Bank & Trust
07.2019 - 07.2020
Accountant / Assistant to HR
Titan Hospitality Ltd.
09.2016 - 07.2019
Office Manager / Internal Accountant
Arocrest Management Philippines, Inc.
08.2013 - 08.2016
Accounts Assistant
FRD Food & Spices, Inc.
08.2010 - 08.2013
Bachelor of Science - Accountancy, Major in Accounting
University of Mindanao Tagum College