Isaac Osorio, Managerial Accountant with + 15 years of solid experience: a) Budgeting planning, b) Financial Reporting, c) Risk Management, .............

About

+15 yrs of solid accounting experience

Experience

REMITLY

Jan 2018 – Oct 2024

Nicaragua | Seattle, WA

Senior Accountant (remote position)

Key Responsibilities: Prepare and review financial statements, ensuring compliance with US-GAAP standards. Analyze financial data and trends, providing insights and recommendations to management. Assist with budgeting, forecasting, and variance analysis. Accounts Receivables : generating invoices, credits and refunds, collection efforts, aging reports Accounts Payable: gathering bills, bill recording, check run, aging summary reports Fixed asset management for 4 subsidiaries Build annual budget and quarterly forecasts Manage and maintain the general ledger, ensuring accurate posting of entries for assets, liabilities, income, and expenses. Perform month-end, quarter-end, and year-end closing activities, including journal entries and reconciliations. Reconcile balance sheet accounts, including cash, bank accounts, accounts payable, accounts receivable, and inventory. Reconcile intercompany balances, if applicable, ensuring alignment between subsidiaries or branches.

DURMAN INDUSTRIAL

Nov 2012 – Dec 2017

Nicaragua | US

Accounting Coordinator

Built Financial Statements including BS, P&L and Cash Flow based on US GAAP. Annual sales budget and expense forecasting - prepared monthly variance reports Set Internal control procedures to comply with SOX regulations on AR and AP Accounts Payable management: gathering bills, bill recording, check run, aging summary reports Accounts Receivables : generating invoices, credits and refunds, collection efforts, aging reports Monitored execution of Geotextile, Pump Water and Constructions projects + keep close control of expenses incurred and revenues generated. Reconcile balance sheet accounts, including cash, bank accounts, accounts payable, accounts receivable, and inventory. Reconcile intercompany balances, if applicable, ensuring alignment between subsidiaries or branches. Expense accrual monthly accruals Sales and COGS monthly accruals

INTERNATIONAL FORESTRY

Sep 2001 – Oct 2012

Nicaragua

Accounting Supervisor

Ensure all financial records and statements are in line with Generally Accepted Accounting Principles. Oversees the preparation of budgets and forecasts, covering P&L, balance sheet, payroll and headcount, capex, and taxes. Presentation of Financial statements to the general manager. Perform balance sheet reconciliations and analysis on specific general ledger accounts and creates journal entries as needed. Preparation and tax filing (Income tax, value added tax, withholdings) Payroll recording and posting. Recording of fixed asset purchases, (capitalizations), vendors’ bills and AP accrual at monthend. Collection of account receivable and propose doubtful account for reserve Recording of depreciation and amortization expenses Maintain schedules of prepayments/amortizations, fixed assets/depreciation. Prepare supporting documents as listed in PBC from the auditor. ERP: Exactus

Chevron Texaco

Jan 2010 – Dec 2010

Nicaragua

Accounting Supervisor

Oversee Accounting Operations which include revenue recognition, proper recording of collection receivables, vendors’ payment and expense accruals. Record Joint Venture Journal Entries with ESSO entity. Posting of Intercompany Journals Assist in Cash flow process (AR collection, Gas vendors’ payment, bid for best fx rates for payment) Oversee tax filing for corporate income tax, VAT tax and municipal tax on DGI VET. Prepare BS and P&L reconciliation at month-end with proper SOX internal control. Oversee daily transactions, including accounts payable/receivable, general ledger and bank reconciliations Contribute to the merger process to transfer assets and liabilities to RUBIS

Thread American and Efird

Aug 2003 – May 2009

Nicaragua

Accounting Manager

Prepare Financial Statements based on US GAAP and present to Top Management. Build annual budget for Sales, COGS and expenses + engage with departments’ heads to discuss materiality and business strategies. Manage accounting functions to include AP, AR, budgets, cash flow, cost management, credit and collections, financial analysis, financial reporting and record keeping, general ledger, investments, payroll, and taxes. Analyse COGS variance reports and provide gross margin documentation, document inventory adjustments, assist with cost simulation and updates. Approve capitalization journals and depreciation. Analysis of AR Aging, collection, approval of new accounts setups, review customer’s compliance with our credit policy, payment arrangements and write-offs. Analyse and reconcile general ledger accounts, with an accurate and appropriate supporting schedule produced by ERP system or with another type of supporting documentation. Assist internal and/or external auditors with periodic auditing or the organization's financial records and statements. Manage inter-company billings

Education

G-CERTI Argentina

Jan 2022 – Dec 2022

Post graduate, ISO 31000 Risk Management

UNAN University

Jan 1998 – Dec 2002

Bachelor´s Degree , Accounting and Finance

Isaac Osorio

Managerial Accountant with + 15 years of solid experience: a) Budgeting planning, b) Financial Reporting, c) Risk Management, .............

Skills

Languages