Renée Morris, MSc. (Dist) BSc. (Hons), Accountant/Financial

About

I am a driven professional in accounting and finance with the ability to provide leadership and enhance the dynamism of any team. I commands twenty plus years of know-how in the practical aspects of the industry, with a track record of excellent performance and unyielding integrity.

Experience

DEMESI Accounting & Financial Management

Jan 2013 – Present

Cordia Drive, Warners Park, Christ Church, Barbados

Financial Specialist

• Set up and improved accounting systems and processes to meet business needs and maximize the effectiveness of their operations. • Evaluated and improved accuracy and completeness of financial records. • Followed up with clients to collect specific financial information and verified details for the preparation of annual financial statements. • Reconciled accounts and review all materials, including surplus, income, expense data, net worth, and assets. • Prepared documents, reports and presentations for clients using advanced software proficiencies. • Helped clients navigate interactions with tax authorities and legal concerns related to financial matters. • Gathered important tax-related information, including taxable income, deductibles, and allowance information. • Prepared and filed income tax and VAT tax forms for businesses and individual clients. • Tracked financial progress for clients by creating quarterly and yearly balance sheets. • Collected and arranged financial information and entered details into Waves Accounting and QuickBooks financial management systems. • Managed the entire accounting cycle for some clients, including gathering information, preparing documents, finalizing reports, and closing books.

Standard Distribution & Sales Barbados Ltd

Jun 2022 – Feb 2023

Wildey, St. Michael, Barbados

Finance Manager (Contracted)

• Prepare, develop audit schedules, and manage and maintain audit deliverables. • Ensure on time filing and payment of all statutory obligations – NIS, PAYE, Pandemic Tax, Withholding Tax. • Prepare and file VAT • Prepare and file corporate tax returns • Created an Excel workbook to ensure accurate and timely completion of cashier reconciliation and prepare monthly variance reports for cash overs/shorts. Action necessary deductions • Prepare, and process journals for general ledger • Created an Excel replica of QuickBooks’ bank reconciliations platform for monthly bank reconciliation • Prepare accurate monthly bank reconciliation • Review and approve payments of invoices on the system • Reconcile collection fees and bailiff/agency payments monthly • Review account registers and schedules • Review accounting for expense reports and other accounting transactions • Approval of charge sales • Review and maintain the fixed asset ledger • Approve the creation of new vendors • Ensure supplier reconciliations are completed monthly • Ensure Accounting standards in accordance with IFRS and company/group policies are adhered to • Evaluate and assist in maintaining efficient and effective internal controls • Complete intercompany confirmations monthly • Preparation and development of the annual budget with projections stemming five years • Prepare and negotiate foreign payments • Review and approve weekly and monthly payroll • Provide support and information to the management team • Prepare month-end closing journals and accurate monthly financials reporting inclusive of internal management reports (i.e., flash budgets), and financial statements • Manage the general ledger and reconcile the trial balance monthly • Pay vendors via ACH/online banking • Approve weekly and monthly payroll disbursements via online banking • Supervise the finance department whilst training and mentoring a team of Accounts Clerks with regards to Accounts receivables and payable procedures

T&G Investment Inc – Tides Restaurant

Oct 2021 – Mar 2022

Holetown, St. James, Barbados

Accountant (Relief Contract)

• Reviewed, reconciled, and recorded restaurant shift sales entries daily • Created weekly cash sales reports in correlation with the relevant labour hours and payroll for management • Performed daily and monthly Cash & Credit Card reconciliation • Updated corporate credit card activity monthly • Maintained monthly reconciliations of all bank accounts • Regularly maintained detailed reconciliations of all balance sheet accounts and expense accounts • Recorded non-inventory accounts payable invoices • Reviewed and reconciled all inventory invoices, credit memos • Reconciled vendor statements and handled payments complaints or discrepancies • Researched and resolved accounts payable discrepancies • Assist in the preparation of budget projections • Prepared weekly consolidated bank reports for management • Monitored payments due from customers and promptly contacted customers with past due payments. • Prepared month-end/year-end closing procedures of the financial statements in compliance with accounting standards - QuickBooks • Analysed financial data and investigated variances • Provided detailed analyses and explanations of all transactions as needed • Prepared and filed NIS, PAYE, and VAT Returns; recorded relevant journal entries • Reconciled petty cashes and prepared replenish cheques • Prepared and dispatched weekly payroll- Pay Pak • Operated and performed all function from the back end of the POS system – Omni Wizard • Made sure all menu items were entered and categorized correctly • Supervised cashiers • Created and dispatched relevant documents to be used daily in the recording of daily cash sales reports • Trained Inventory manager in cost control, menu costing, and the entering of inventory in accounting software - Sister restaurant • Set-up the inventory management system and created inventory control systems • Calculated landed cost for overseas inventory • Established and implemented internal inventory audits

The Cliff Bakery

Nov 2020 – Dec 2020

Derricks, St. James, Barbados

Cost Accountant (Contract)

• Complete physical inventory count of raw materials and supplies and implemented a system to maintain inventory count, track usage and document variances. • Offered expertise in inventory management and current stock levels to bakery manager to facilitate accuracy and product availability. • Calculated correct costs for bakery goods by gathering information from bakery members and vendors. • Conduct trend analysis, benchmark reports, attribution analysis and suggestions to accomplish competitive margins and markups. • Input data in Mountain Stream software to create updated status reports for quick reference of project progress. • Implemented organizational systems to optimize product placement and operational productivity. • Worked with the Bakery manager to understand supply needs and bring levels within the desired tolerance.

Education

The Association of Chartered Certified Accountants (ACCA)

May 2021 – Present

Professional Qualification, Accounting and Finance

The University of the West Indies Graduate Studies and Research

Jan 2019 – Feb 2021

Masters in Social Science, Financial Management

The University of the West Indies

Sep 2010 – Oct 2014

Bachelor of Social Science, Accounting and Finance

Renée Morris, MSc. (Dist) BSc. (Hons)

Accountant/Financial

Skills

Languages