Demario Forskin
Montego Bay,Jamaica
Summary
Analytical finance professional known for high productivity and efficient task completion. Specialize in financial reporting, tax planning, and compliance auditing. Excel in problem-solving, critical thinking, and effective communication. Committed to maintaining accuracy and integrity in all accounting processes.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Contract Accountant
Barnett Limited Group of Companies
St. James, Jamaica
06.2024 - Current
- Preparation of bank reconciliation, bank entries, and revaluations
- Billing customers monthly and follow-up on aged receivables in accordance with company policy
- Preparation of Accounts Receivable aged reports for review by the General Manager
- Recording of customer receipts in manually and automated in Sage 300
- Assist with the month-end close process
- Monthly revision and update of the fixed asset register, and posting of depreciation charge
- Provided support during external audits by providing requested documentation.
- Reviewed and processed invoices for accuracy, completeness and compliance with internal controls.
- Managed accounts payable and receivable, improving cash flow management.
- Liaised with auditors to complete annual audits and maintain compliance with local, state and federal requirements.
- Prepared journal entries to record general ledger activity.
- Provided support and guidance to colleagues to maintain a collaborative work environment.
Operations Controller
Moon Palace Jamaica
St. Ann, Jamaica
08.2019 - 02.2022
- Constructed a detailed annual budget for fixed expenses, achieving a 95% efficiency rate
- Plan and execute monthly financial meeting reviews with Directors, Senior Management, and Heads of Department
- Closing of the month-end process for financial and controlling journal entries to facilitate the preparation of group reports
- Negotiated engagement proposal on external Tax Advisory services that resulted in cost savings of US$2,000.00 on the annual tax preparation and about US$3,000.00 in sundry tax services
- Influenced the decision making process with the company’s waste removal supplier to reduce the rental fees of compactors which saved the company US$1,000 monthly since the start of the pandemic
- Assisted with external audit and tax inquiries through the preparation of schedules and other supporting documents
- Pioneered the equipment write-off process and determined items for sale that yielded over J$5.5 million in sales to the company
Accountant
KPMG Jamaica Montego Bay
St. James, Jamaica
09.2015 - 07.2019
- Spearheaded a team of 2-3 successful Assistant Accountants, delegated tasks, and directed the day-to-day performances to gain superb audit results
- Developed the overall audit plan for over 12 clients in several industries (mainly hotel and tourism, manufacturing, and Investment) to meet engagement goals
- Achieved recovery of 65% and 60% on all medium-sized and large engagements
- Performed tremendously on all engagements with a utilization rate of 75% and above compared to the budgeted rate of 70%
- Mastered the design of draft financial statements and audit reports to reduce overall preparation time by 30%
- Communicated in a transparent manner on all engagements by sending a regular status update at least two times weekly to clients and frequent reminders of pending matters throughout the audits
- Billed clients timely and followed up on payments during the audit fieldwork increased revenue by 5%
- Pursue overruns before the issuance of audit reports and increase chargeable hours by 3% each year
- Utilized the CaseWare system to prepare preliminary trial balances, achieving an 85% reduction in the manual preparation time
- Closed audit engagement files in the e-Audit software with 1-5 days of the issued audit report
Education
ACCA Examination - Applied Skills Level Level 2
Self Study
02-2027
Bachelors of Science - with honours
Montego Bay Community College
Montego Bay, Jamaica11.2015
Associate of Arts - Business Studies
Montego Bay Community College
Montego Bay Jamaica06-2013
Skills
- Microsoft Office Suites
- SAP
- QuickBooks Proficiency
- Sage 300
- Cost and inventory systems (SAP Support)
- External auditing
- Financial statements preparation
- Business analysis
- Excellent communication and writing skills
- Month end close
- Internal controls
- Accounts receivable management
Certification
ACCA Examination, Applied Skills Level, 06/01/22, Present
Languages
English
First Language
Spanish
Beginner
A1
Affiliations
- Montego Bay Community College, Member of Audit Committee
- Montego West Village Benevolent Society, Treasurer
Timeline
Contract Accountant
Barnett Limited Group of Companies
06.2024 - Current
Operations Controller
Moon Palace Jamaica
08.2019 - 02.2022
Accountant
KPMG Jamaica Montego Bay
09.2015 - 07.2019
ACCA Examination - Applied Skills Level Level 2
Self Study
Bachelors of Science - with honours
Montego Bay Community College
Associate of Arts - Business Studies
Montego Bay Community College
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