MARNEL ANDALUZ

Finance Specialist/Allround Accounts Specialist @ADIDAS PHILIPPINES INC

Financial AnalystAccountant🏦 Finance

WORKING EXPERIENCE adidas Philippines, Inc. 14/F Fort Legend Tower 3rd Ave., 31st Street BGC, Taguig City Finance Specialist – Accounts Receivable Oct 1, 2022 – Present Key Accomplishments • People appreciation and values excellence awardee – Integrity • Successfully implements new process for payment applications • Successfully implements monitoring of CNs • Able to recon one of our biggest accounts to clear 10M of floating invoices. • Including myself to attend Sales meetings to customers • No major adjustments in year-end audit. Duties and Responsibilities 1. Manages and execute OTC processes: • Creates/Maintains customer master data for all channels (WHS, FRS,ORT,ECOM) in SAP. • Maintains off-invoice and on-invoice discount of customers in SAP. • Prepares/assists cash reconciliation for ORT. • Prepares mo-end and year-end journal entries including accruals. • Monitors accounts receivable and collection functions • Prepares Aging Report to be submitted to Country Manager and Sales Team • Reviews payment plan and delivery plan of sales team with their accounts • Reconciles sales of Retail stores posted in POS/ALS versus SAP. • Maintains credit limits of customers. • Prepares Letter of Credit for Customers with bank credit line • Manually computes/reviews bad debt provision to validate GBS computation during month end. • Sends Statement of Account to Customers after month end • Reconciles receivable for Top Key Accounts or any problematic account • Issues invoices, credit notes & collection receipts to the customers. • Prepares Payment Details for GBS to clear interim account and resolve unapplied/unidentified payments if any • Releases DN for blocked Customers • Collects and coordinates submission of BIR Form 2307 from the Customers 2. Attends stocktake of warehouse and Own Retail Store. 3. Monitors inventory adjustments and goods in transit of Retail stores. 4. Prepares monthly internal control documentation as part of internal audit requirements. 5. Prepares/assists on Intercompany recharges during month end

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Work Background

ADIDAS PHILIPPINES INCFinance Specialist

Mar. 2017Philippines, TaguigWORKING EXPERIENCE adidas Philippines, Inc. 14/F Fort Legend Tower 3rd Ave., 31st Street BGC, Taguig City Finance Specialist – Accounts Receivable Oct 1, 2022 – Present Key Accomplishments • People appreciation and values excellence awardee – Integrity • Successfully implements new process for payment applications • Successfully implements monitoring of CNs • Able to recon one of our biggest accounts to clear 10M of floating invoices. • Including myself to attend Sales meetings to customers • No major adjustments in year-end audit. Duties and Responsibilities 1. Manages and execute OTC processes: • Creates/Maintains customer master data for all channels (WHS, FRS,ORT,ECOM) in SAP. • Maintains off-invoice and on-invoice discount of customers in SAP. • Prepares/assists cash reconciliation for ORT. • Prepares mo-end and year-end journal entries including accruals. • Monitors accounts receivable and collection functions • Prepares Aging Report to be submitted to Country Manager and Sales Team • Reviews payment plan and delivery plan of sales team with their accounts • Reconciles sales of Retail stores posted in POS/ALS versus SAP. • Maintains credit limits of customers. • Prepares Letter of Credit for Customers with bank credit line • Manually computes/reviews bad debt provision to validate GBS computation during month end. • Sends Statement of Account to Customers after month end • Reconciles receivable for Top Key Accounts or any problematic account • Issues invoices, credit notes & collection receipts to the customers. • Prepares Payment Details for GBS to clear interim account and resolve unapplied/unidentified payments if any • Releases DN for blocked Customers • Collects and coordinates submission of BIR Form 2307 from the Customers 2. Attends stocktake of warehouse and Own Retail Store. 3. Monitors inventory adjustments and goods in transit of Retail stores. 4. Prepares monthly internal control documentation as part of internal audit requirements. 5. Prepares/assists on Intercompany recharges during month end 6. Contribute as a finance subject matter expert to implement best practices for tools and processes 7. Perform other tasks as may be assigned from time to time. adidas Philippines, Inc. 14/F Fort Legend Tower 3rd Ave., 31st Street BGC, Taguig City Finance Specialist – Accounts Payable March 6, 2017 – Sep 30, 2022 Key Accomplishments • Leads the migration from check payment to bank payment. • Automating remittance advice. • Successfully implements new AP Procedures. • No findings for year-end audit. • Seamless transition from in-house accounting system to SAP Duties and Responsibilities • Responsible for the end-to-end accounts payable activities – receiving copy of invoices to safekeeping of ORs • Responsible for receiving and safekeeping of important documents pertaining to all suppliers (Invoices, Purchase Orders, Official Receipt and other supporting documents) • Processing Employee’s expense reimbursement and making sure it will tally to credit card statement (Concur) • Responsible for all domestic and foreign payment processing. Making sure all due will be paid on timely manner. Preparing as well supporting documents for foreign payment including interco payment. • Reconciling supplier statements with AP balances and resolving queries where there are discrepancies • Reconciling GL accounts monthly. • Posting monthly expense accruals (MWB, RENT, UTILITIES and other monthly expenses) • Responsible of deducting and monitoring of claims by the freight company and making sure all security deposit to store rental will be claim on timely manner. • Responsible for the processing of payment for the company's Expanded Withholding Tax. • Other duties that maybe assign from time to time. • Forecasting of weekly payments • Checking posting of GBS and making sure they are updated with the AP process (booking and payments)

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