WALTER NAVARRO SANGUYO
Building No. 67, Al Ameen St.
Mathar Qadeem, Doha, Qatar
Tel. No.: 00974 50318254
Blk 8 Lot 17 South City Homes
Binan, Laguna, Philippines
sanguyowalter@yahoo.com
Tel. No.: 0063-928 1973511
PROFILE:
A self-motivated and hard-working Finance Manager / Chief Accountant with more
than 21 years work experience in diversified fields of construction and engineering,
manufacturing, power generation, and technical services. Involved in finance,
administration, general accounting, cost accounting, controlling, budget preparation,
internal auditing, financial statements preparation and management reporting
CAREER SUMMARY:
I have had the opportunity to work with multi-national companies and have dealt
with various levels of people of different cultures and nationalities. I have gained
more than 13 years work experience in abroad.
COMPANIES JOINED:
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2B Trading and Cont.
Mid Contracting
Q. Mobility (Q-Media)
SOMI Qatar WLL
ISCOSA (a Siemens Co.)
Best Chemicals Inc.
John Holland
Team Energy
Qatar
Qatar
Qatar
Qatar
Saudi
Philippines
Philippines
Philippines
Turkish – trading and contracting
Qatari – contracting
Qatari – advertising & signage’s
Italian – contracting (MEP)
German – contracting, services
Korean – manufacturing
Australian - contracting, services
American – energy, power
Reason for leaving the company: Mostly due to project completion.
QUALIFICATIONS / EDUCATION:
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Bachelor of Science in Business Administration Major in Accounting (with
honours) at the Philippine School of Business Administration – Quezon City,
Philippines.
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A Certified Public Accountant (PRC License No. 0088336)
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A consistent honour student from elementary to tertiary level
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Familiar with Attaché 5 Business Partner
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Familiar with IBM AS400 System
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Familiar with (SAP) Spiridon
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Familiar with Microsoft Navision (Dynamics)
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Familiar with Focus Software
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Familiar with Tally Software
MAJOR TRAINING COURSES:
Spiridon Data Migration Updates with Siemens Singapore consultants held in Bahrain
ESPRIT Siemens Reporting sponsored by Siemens Corporate Finance (Germany)
held in Bangkok, Thailand
In-house training for SPIRIDON (ISCOSA migrated from IBM AS-400 to
SPIRIDON to comply with Siemens corporate and reportorial requirements.)
In-house training for Microsoft Dynamics & GP software
In-house training for IBM-AS400 software
In-house training for Attaché Business Partner software
In-house training for Focus software
In-house training for Tally software
Attended various seminars sponsored by (Philippines) Bureau of Internal Revenue,
regarding tax updates and other issues
Had joined a number of the Monthly PICPA National Capital Region – Eastern Sector
Members Meetings held at the Intercontinental Hotel, Makati City
Was an active participant on major in-house seminars conducted by SGV (KPMG) on
various topics such as:
 Financial Accounting – general updates
 Taxation
 Letters of Credits
 Investigative Accounting
WORK EXPERIENCE:
Nov 2013 up to present
2B Trading and Contracting
P.O. Box 207156
Doha, Qatar
2B Trading and Contracting WLL is a Turkish company that started operations in
Qatar in December 2011. For the start, the company has engaged in trading business
and entered several subcontract works with some of the finest construction firms in
Qatar. Today, 2B is growing as it gets major contract in the construction industry.
FINANCE MANAGER
 Reports directly to the General Manager.
Duties and Responsibilities:
Primarily in charge with month end closing activities
Prepares financial statements for audit and tax declaration
Prepares Cash Flow Reports for review of the General Manager & the Director
Updates bank situation daily, and submits report on a weekly basis
Updates the Petty Cash Fund of the company, for review of General Manager
Checks & verify invoices payable before payment preparation
Prepares Payroll Register – in coordination with Project Site/s personnel
Prepares Bank Transfer and/or cheque payments for approval of the General
Manager and/or the Director
 Prepares the bank reconciliation and initiates appropriate actions for any
issues. Reports the situation to the General Manager and/or the Director as
may be necessary
 Assists the General Manager in other tasks such as contract review and
administrative functions
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Aug 2012 to Oct 2013
MID Contracting Co.
P.O. Box 1108
Doha, Qatar
Mid Contracting Co. is the construction wing of the Sharaka Group. It ranks as one of
the well-respected contracting companies in Qatar, with core specialization in highrise buildings and electro-mechanical works.
CHIEF ACCOUNTANT
 Reports directly to the General Manager.
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Duties and Responsibilities:
Primarily in charge with month end closing activities
Checks and reviews Cash Flow Reports (monthly, quarterly, yearly)
Coordinates with Banks regarding Project Loans and Other Bank Facilities
Checks and reviews Letters of Credits (LC’s)
Reviews Bank Guarantees and other securities against contractual obligations
Reviews and approves Bank Reconciliation Statements
Checks and reviews Progress Billings to Clients (Receivables)
Reviews suppliers and subcontractors’ invoices (Payables)
Checks and reviews payments to suppliers/subcontractors – via cheques or
telegraphic transfers or Letters of Credits
Reviews and approves Journal Entry Vouchers (Purchases, Payments, etc)
Prepares Monthly Reporting Package (MRP) for Management use
Assists the Group Finance in budget preparation
Prepares Financial Statements for statutory, and audit/tax requirements.
Reviews balance sheet accounts schedules and analyses.
Reviews Intercompany accounts reconciliation
Reviews Advance Payment and Retention schedules
Reviews income statement major accounts such as Project Revenues; Cost of
Sales; Staff Related Costs; Provisions; Accruals; and Depreciation
Dec 2011 up to May 2012
Q.Mobility (A Qatar Media Company)
P.O. Box 200617
Doha, Qatar
Q.Mobility is 100% owned by Qatar Media Services, a government corporation
engaged in media, advertising, street signages, and events management and
consultancy.
CHIEF ACCOUNTANT
 Reports directly to the Deputy Chief Financial Officer.
Duties and Responsibilities:
 Primarily in charge with month end closing activities
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Updates daily cash position report
Prepares Financial Statements for statutory, and audit/tax requirements.
Monitors Vendor & Creditor account status.
Reviews contract price vs. contract cost
Updates project cost reports, and the relevant analyses
Analyses significant variances of Actual vs. Budget costs
Prepares cash flow forecast (3 months; 6 months; and 12 months)
Checks and reviews accounting journal entries, including documentations
Updates and monitors Letters of Credit
Updates and monitors Bank Guarantees, including Tender bonds, Performance
bonds, and Warranty bonds
 Assists the Deputy CFO in Budget preparation
 Other tasks that may be assigned by the Deputy CFO
Sep 2006 up to Dec 2011
SOMI Qatar
P.O. Box 23880,
Doha, Qatar
SOMI QATAR is an affiliated company of SOMI Impianti S.r.l., an Italian company
with Head Office located in San Valentino, Pescara, Italy. SOMI QATAR is an
electro-mechanical engineering company that specialize in Electrical and Mechanical
Works; Piping Works; Desalination and Power Plants; Demolition and other
engineering services. It was established in Qatar in 2001.
FINANCE & ADMINISTRATION MANAGER
 Reports directly to the Operations Manager.
Duties and Responsibilities:
 Prepares Financial Statements for statutory, and audit/tax requirements.
 Monitors Vendor & Creditor account status.
 Prepares project pricing calculations and documentations
 Participate in contract price negotiations
 Check and review contract price, contract cost, and contract margin
 Establish and maintain project cost structures
 Monitor and maintain contract funding/mod reconciliation
 Review and approve all major project expenditures
 Assists contracts group in negotiating project subcontract agreements
 Establish and maintain project budgets, and overall cost control
 Assist in checking reports and the preparation of Estimate-AtCompletion (EAC) and variance analysis [Budget vs. Actual]
 Ensure timely and accurate project billings
 Tract, reconcile and monitor to minimize project unbilled balances
 Monitor and work to minimize project cash flow
 Prepare risk and opportunity assessments; develop and execute plan to
mitigate risks
 Prepare ad hoc project reporting and analysis as required
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Conduct monthly project review meetings
Assist with contract close out and incurred cost submissions
Support internal and external audits
Set up and maintenance of customer master data in business system
Ensure project accounting is compliant with company and Government
accounting standards
 Adhere to company policies and procedures
 Apply defined business controls required to support company,
 Assists the Operations Manager in administrative works as may be required
from time to time.
June 2001 – May 2006
ISCOSA – (A Siemens Company)
Dammam, Kingdom of Saudi Arabia
CONTROLLER / INTERNAL AUDITOR
 Reports directly to the Chief Financial Officer.
Duties and Responsibilities:
 Key responsibilities include checking and verification of Volume Data (New
Orders, Sales, Margin) by Profit Centre and by GG/GZ level (Siemens
outlines) – COPA Report.
 Coordinates month end closing procedures (GSS)
 Review of ESPRIT reports
 PA/PCA report comparison with ESPRIT
 Headcount Reporting + Monthly Productivity Report
 Coordinates with Business Administration Team (Commercial) and Business
Units (Technical) for issues relating to Contracts, Risk Management,
Contingencies, Billings, Receivable Collections, Payments, etc.
 Assist the Accounting Manager in the formulation of Fiscal Year Budget, and
monthly Forecast figures. This also involves information gathering the
required inputs from Business Units and Business Administration Teams, and
then making an independent review and assessment on a business analysis
scheme.
 Review of company operations Actual performance against Plan and Forecast
(i.e. Actual vs. Budget vs. Forecast).
 Regular review of OCC Reports (POC, CCM, SDI, SO) to ensure correctness
and compliance as per LOA, duly approved by appropriate signatories.
 Monitors the Non Conformance Cost of the company, including cost of
reworks and defective workmanship, affecting the quality of Sales and
Margin.
 Primarily responsible for the implementation of Siemens guidelines and
procedures, ensuring that such guidelines are being strictly followed.
 Other tasks include preparation of Monthly Operating Reports (MOR) for
Management. Assists in the preparation of Board book (plus slide
presentations) for periodic Board Meetings.
SENIOR ACCOUNTANT / PROJECT CONTROLLER
 Reports directly to the Accounting Manager.
Duties and Responsibilities:
 Experience within Siemens with Commercial Project Management and
Commercial Sales Management.
 Understanding of insurance, taxes, duties, customs, payment terms, project
cash flow, project management, project schedules, and other project-related
commercial issues.
 Basic understanding in proposal preparation and contract reviews.
 Experience in the Siemens LOA process.
 Enter and validate customer orders against purchase Order and original
Proposal.
 Ensure timely and accurate invoicing based on contract milestone.
 Reconciliation of contract cost against original budgeted cost.
 Close coordination with customer, workshop and project management
throughout the execution of the contract.
 Project forecasting, including but not limited to:
 Project Month/Year End Close
 Project Cost Analysis
 Project P&L
 Project Reporting
 Project Asset and Cash Controlling
 Invoicing
 Update Forecast data in FC tool(s)
 Top Project Lists (Orders, Sales, GP)
 Updating various templates (FC, ACT)
 Presentations (Power Point)
 Support during the Planning Process
 Support with audit related tasks
 Comparison of Actual to Forecast – variance explanation
Jan 2001 – Jun 2001
BESTCHEM INC. (Philippines)
Maduya, Carmona, Cavite
GENERAL ACCOUNTANT
 Reports directly to Finance and General Accounting Manager, primarily
responsible in the supervision of general accounting department with the main
objective of generating timely and accurate ledger reports.
 Checks and evaluates daily bank transactions (which includes ITT’s / OTTs),
company receivables and disbursements.
 Maintains schedules of accounts for balance sheet and income statement,
handles reconciliation of bank and inter-company accounts.
 Prepares/checks report requirements by government agencies like VAT, EWT.
Income Taxes, FBT and other permits. Prepares report for external audit use.
 Assists the Finance and General Accounting Manager in providing timely and
accurate financial information for management decision-making purposes.
Dec 1995 – Nov 1999
JOHN HOLLAND PHILIPPINES
Electra House
Esteban cor. Herrera Sts.,
Legaspi Village, Makati City
SENIOR ACCOUNTANT – Corporate Services Department
 Reports directly to Corporate Services Manager.
 Prepares monthly Management report for submission to KL-Malaysia Office.
 Prepares quarterly audit package (financial statements) for the Manila office
and its affiliates. Studies and analyses an administration/overhead expenses.
Assists in the formulation of annual budget for approval of the Board.
SENIOR ACCOUNTANT – Accounting Department
 Supervises the general accounting department in the Makati head office.
 Primarily responsible in generating timely and accurate ledger reports, for
both project and management report requirements.
 Prepares financial report such as balance sheet, income statement and
projected cash flows. Maintains schedules for company receivables vis-à-vis
sales, VAT, deferred VAT and Income Tax, retention and recoupment of
advance payment.
 Prepares various reports and support schedules for management and external
audit.
SENIOR ACCOUNTANT – Project Accounting Department
 Assumes responsibility in generating timely and accurate ledger reports,
specifically for Project on sites. Coordinates with Project Managers and
Accountants on issues relevant to the company’s project accounting
procedures.
 Provides general support for Project Management Reports (e.g. inquiries and
documentation).
May 1993 – Dec 1995
CEPA SLIPFORM POWER SYSTEMS LTD
(Philippine Branch) – Team Energy
Roxas Blvd., Pasay City
SENIOR AUDITOR
 Designs audit programs and procedures for petty cash, payroll, inventory,
plant property and equipment. Checks and evaluates (staff) audit report on a
particular engagement.
 Checks various project site reports, which includes Petty Cash Replenishment,
material requisition, and payment request/approval, Cost Report, payroll cost
summary and others.
JUNIOR AUDITOR
 Work includes audit of petty cash, payroll, inventory and significant company
expenditures. Prepares audit report on systems evaluation giving highlights to
weak points of an existing one. Drafts recommendation on how to improve the
system under study.
JUNIOR ACCOUNTANT
 Handles payable checking. Ascertains the validity of suppliers’ billings.
Examines support documents such as purchase orders, delivery receipts,
receiving reports, invoices and return slips.
 Checks and ensures that company expenses are covered by authorized and
approved budget before processing payment. Summarises expenses charges
per cost code and cost centre. Prepares monthly cost reports.
PERSONAL DETAILS:
Date of Birth
Height
21 September 1971
5 feet 7 inches
INTERESTS / HOBBIES:
Physical Fitness – gym, table tennis, badminton, basketball, volleyball, swimming
Entertainment – movies, music, singing, dancing
Favourite subjects – mathematics, science, business law
PERSONAL REFERENCES:
Available upon request