David Velazquez

David Velazquez

Accountant Branch Operations

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location of David VelazquezRío Grande, Puerto Rico

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  • Timeline

  • About me

    Accounting and IT Senior Manager at Grand Reserve Puerto Rico

  • Education

    • Interamerican University of PR

      1991 - 1996
      BBA Accounting
  • Experience

    • First Bank

      Sept 1993 - Aug 1999
      Accountant Branch Operations

      Analyze prepaid expenses and operational expenses fluctuation on a monthly basis, Assisting the manager in the closing of the accounting cycle, and the preparation of the annual budget of all general ledger accounts. Prepare monthly reports of losses, prepaid expenses, account reconciliation and others reports. In charge of intercompany accounts receivable. Create new financial reports for the comptroller department using different programs. Responsibleof coordinate and assist the Manager with all General Ledger and Account Reconciliation systems conversion for the year 2000. Show less

    • ERC Integrated Communications

      Sept 2000 - Dec 2005
      Accounting Supervisor

      Supervisor of financial activities and report schedule for the advertising agency. Key responsibility for budget preparation, account receivable, bank reconciliation, media incentive control, quarterly taxes, billing, account analysis, journal entries, and payroll administration. Also responsible for the Human Resources department and Mainframe department.

    • Liberty Cablevision of Puerto Rico

      Jan 2006 - Sept 2016

      Analyze existing operational and cost data to identify current cost drivers and underlying costs for the services to be re-procured, providing a cost model that can support scenario analysis. The model will need to identify the risks, issues and opportunities across various scenarios. Produces analyses and interprets monthly financial performance reports for divisional management (working in conjunction with the Finance Team), adding business/division specific insights to support reporting and decision making. Jointly undertakes financial review and performance management of the divisions, and identifies any variances/ discrepancies, working closely with Finance Management and Finance Partners. Analyses and reviews financial and business information effectively and derives useful insights to develop knowledge and decision-making skills.Provides required information and appropriate input for restructuring and other business cases. Show less Coordination and Preparation of Company’s complete budget process, including communications with all areas gathering the planning information, processing the information utilizing the Company’s models, and the documentation for internal and corporate purposes. Coordination and preparation of financial reporting packages and deliverables (monthly, quarterly, forecast and annual) for submission to Corporate Offices. Analysis of operational result, in comparison to the original plan and/or projections. Supervision over Purchase Department and Financial Revenue analyst. Interaction with Financial Officers from all Liberty Global Offices on Denver and London. Supervisor of Capex, Purchase activities, Budget Control, Master Price Books, Converter Reports, and other. Show less

      • Financial Project Senior Analyst

        Jan 2014 - Sept 2016
      • Senior Financial Analyst

        Jan 2006 - Dec 2013
    • Grand Reserve, Puerto Rico

      Jun 2016 - now
      Accounting & IT Senior Manager

      GL consolidation expert. Vast experience in differents ERP software implementation and integration. Creating new GL structure of the company, review and established the new accounting procedures according to the investors need, ensure of the quality of all upper tier entities and all Inter-company related transactions match each other, Produces analyses and interprets monthly financial performance reports for divisional management (working in conjunction with the Finance Team), adding business/division specific insights to support reporting and decision making. Jointly undertakes financial review and performance management of the divisions, and identifies any variances/ discrepancies, working closely with Finance Management and Finance Partners. Analyses and reviews financial and business information effectively and derives useful insights to develop knowledge and decision-making skills. In charge of all telecommunications, software implementation, EZ Links Point of Sale, and other.Provides required information and appropriate input for restructuring, capex, savings initiative, among others.Responsible of all accounting cycle and closing, external audit and internal controls. Show less

  • Licenses & Certifications

  • Volunteer Experience

    • Captain

      Issued by American Cancer Society on Jun 2016
      American Cancer SocietyAssociated with David Velazquez