Our Team

Padilla & Company, LLP clients demand the best that we can provide. Hence, we employ CPAs and professionals who have gained progressive experience in various fields of expertise even before becoming a part of our family. 

Our Partners, Managers, Seniors, Juniors and Administrative Staff are dedicated to going the extra mile to fulfill our clients’ needs. 

Our personnel are continually attending in-house training and seminars to stay abreast of changing principles, pronouncements and standards in accounting and auditing, such as Generally Accepted Accounting Principles (GAAP), Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) pronouncements and interpretations, Generally Accepted Auditing and Public Company Accounting Oversight Board (PCAOB) standards and Generally Accepted Government Auditing Standards (GAGAS). 

Our in-house seminars are conducted under the supervision of our Managing Partner, who was a part-time CPA Reviewer and a former adjunct professor at The New School, New York University, C.W. Post, Pace University, and Queens College and is currently an adjunct professor at The CUNY York College School of Accountancy. 

Our staff members also attend seminars that are authorized and accredited by the American Institute of Certified Public Accountants (AICPA) and New York State Society of Certified Public Accountants (NYSSCPA) and other CPE providers. 

 

PARTNER
Padilla & Company, LLP

EDUCATION
Bachelor of Science in Accountancy
FAR EASTERN UNIVERSITY – FERN College
Quezon City, Philippines

PROFESSIONAL CERTIFICATION
Certified Public Accountant, New York (2011)
Certified Public Accountant, Philippines
Certified Information Systems Auditor

WORK EXPERIENCE

January 2012 – Present

Partner
Padilla & Company, LLP
Jamaica, New York

He is responsible for many of the audit engagements both not-for-profit and government agencies. As partner in the firm, he also oversees IT and admin matters.

October 2007 – December 2011

Senior Auditor/ Accountant
Padilla & Company, LLP
Jamaica, New York

He is currently assigned with the audit of our regular not-for-profit clients and concurrently handles IT related matters of the Firm. He was also assigned to the following areas:

  • Program audit for agencies receiving grants from NYC Human Resources Administration.
  • Compliance audit engagement with NYS Division of Housing and Community Renewal.
  • Audit engagement with the NYC Public Administrator’s Office.
  • Internal audit engagement with St. Christopher Ottilie.
  • Audit of Common Interest Realty Associations (CIRA)
  • Not-for-Profit A-133 audits
  • Audit of money remittance companies

 

June 2006 – Sept. 2007

 

Grants Management Accountant
Save the Children Federation, Inc.
(under the Save the Children Alliance Network)
Metro Manila, Philippines

Monitored grants/sub-grants based projects and overall grant portfolio of the Country Office. Ensured compliance with HQ SC policies and its donors. Audits the sub-offices that operate the grants/sub-grants funded projects. Reviewed financial transactions, financial grant reports, internal accounting systems and correspondences and updates in compliance with SC-US home office grants protocols and donors. Prepared budget variance analyses and communications to PhCO head of finance and admin, Country Director and Program Managers.

October 2003 – June 2006

Senior Associate
BDO Alba Romeo & Co., CPAs
(a member firm of Binder Dijker Otte (BDO) International)

Performed field work, external financial audits and reviewed audit working papers. Prepared financial statements, income tax computations, income tax returns. Prepared reports on the evaluation of clients’ internal accounting controls, accounting systems and management policies. Supervised 3-4 Junior Audit Associates in performing audit field work, preparation of financial statements and income tax returns.

PROFESSIONAL AFFILIATIONS
Information Systems Audit and Control Association (ISACA)
New York State Society of CPAs (NYSSCPA)

 

PARTNER
Padilla & Company, LLP

EDUCATION
Bachelor of Science in Business Administration, Major in Accounting
University of the East, 1966
Manila, Philippines

Master in Professional Studies, Management Auditing
New School for Social Research, 1982
New York, New York

PROFESSIONAL CERTIFICATION
Certified Public Accountant, New York, 1974 (No. 32844)
Certified Public Accountant, Manila, Philippines
Certified Government Financial Manager, New York
Member New York State Board of Accountancy (Served 1995 to 2002)

YEARS OF EXPERIENCE
Audit – Over 35 years

WORK EXPERIENCE

1988 – Present

Partner
Padilla & Company, LLP
Jamaica, New York

Responsible for the audit of the New York State and New York City agencies and for expanding the market share of the firm in audits of governmental agencies, not-for-profit organizations and commercial businesses. Also for the management consulting and training services for the clientele of the firm.

Overall in charge of the management and administration of the firm including directing the activities of managerial, staff and support personnel, planning, and, coordinating manpower needs and other resources.

Over-all in-charge of staff training thru in-house seminars. Has been teaching government and not-for-profit accounting. CPA reviewer for FARE and Auditing.

1999 – 2008

Adjunct Professor
York College – CUNY
Jamaica, New York

Teaching Government and Not-for Profit Accounting, Auditing and Taxation

1987 – 1988

Bureau Chief
NYC Office of the Auditor General
New York, New York

Accomplishments as Bureau Chief included restructuring the office by matching managerial and employee skills with responsibilities and spearheading the recruitment of highly qualified professionals that formed the core of the newly created office.

1982 – 1987

Deputy Auditor General
NYC Board of Education- The largest school system in the USA
New York, New York

Responsibilities and accomplishments as Deputy Auditor General included management of the audits of Community School Districts and strengthening the organizational structure of the office by establishing a performance audit and EDP audit functions. The office of the Auditor General is the internal audit department of the NYC Board of Education.

1982- 3 months

UNDP

Consultant to the Philippine Commission on Audit (The internal audit of the Philippine Government). Training the trainers in operational auditing and computer audit.

1980 – 1982

Asst. Professor of Accounting
C.W. Post Long Island University
Long Island, New York

1976 – 1979

Audit Supervisor
RCA Corporation

1972 – 1976

Senior Audit Staff
Ernst & Whinney

1969 – 1972

Senior Accountant
Mutual of New York (MONY)
New York, New York

1967 – 1968

Staff Accountant
Carlos J. Valdez & Company (Coopers & Lybrand, Philippines,)
Manila, Philippines

PROFESSIONAL AFFILIATIONS
American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
Association of Filipino-American Accountants
National Asian American Society of Accountants
National Council of Philippine American Canadian Accountants

 

PRINCIPAL
Padilla & Company, LLP

EDUCATION
Bachelor of Science in Business Administration (BSBA), Accounting
University of the East, Manila, Philippines

PROFESSIONAL CERTIFICATION
Certified Public Accountant, Philippines, 1983

YEARS OF EXPERIENCE
Audit – 16 years
Audit Supervisory – 11 years

WORK EXPERIENCE

October 2009 – Current

Principal
Padilla & Company, LLP
Jamaica, New York

In-charge of the firm’s financial and compliance audit engagements with governmental agencies like the NYC HRA and non-profit organizations which are performed in accordance with OMB A-133 and with government auditing standards and the standards of audit for non-profit organizations. Was in-charge of the limited scope financial audit of the NYC DOHMH Delegate Agencies. Some of the non-profit organization audit engagements directly handled were: Council for Airport Opportunity, Battery Parks City Parks Conservancy Corporation, Asian American Federation of New York, Inc., and Institute for Mediation and Conflict Resolution, Inc.

2001 - September 2009

 

 

 

 

 

 

 

 

 

 

 

 

 

1996-2001

Senior Manager
Padilla & Company, LLP
Jamaica, New York

In-charge of our audit engagement with the NYS Division of Housing and Community Renewal, NYC Human Resources Administration and NYS Department of Transportation. She was in-charge of the audit of the youth programs in various community based organizations in New York City that receive grants from the NYC Department of Youth and Community Development, community-based organizations/programs funded by NYC Department of Health and Mental Hygiene, NYC Department for the Aging, NYC Administration for Children’s Services, and NYC Board of Education.

She was also in-charge of the internal audit of: the payment voucher system of the NYS Department of Transportation; procurement system of Battery Park City Parks Conservancy; and use of vehicle, management of petty cash, and personal allowances and of St. Christopher Ottillie Family Services.

In-charge of the preparation of business plans, financial, projections and in the preparation of personal, partnership and corporate income tax returns and providing management consulting services to business clients.

Senior Auditor
Padilla & Company, LLP
Jamaica Estates, New York

Supervising Senior Auditor for the financial and compliance audits of the Head Start Programs of 4 non-profit organizations which were recipients of grants from the NYC Administration for Children’s Services (ACS).

In-charge of the audit of Singe Room Occupancy programs in various non-profit organizations funded by the NYC Department of Homeless Services. Some of these projects are the Henry Street House of Turning Point Red Hook Corp. in Brooklyn, New York, the North Core Studios Program of East New York Urban Youth Corporation and the Single-room Occupancy Programs of Lennox Hill Neighborhood Association.

 

1993 – 1996

State Auditor II
Philippine Commission on Audit- International Audit Division
New York, New York

Acted as team leader/member for the financial, internal control and compliance audits of foreign-based Philippine government offices such as embassies, consulates, banks, trade, tourism, labor and other branches of government-owned or controlled corporations in New York, Los Angeles, San Francisco, Hawaii, Vancouver (Canada), Paris, Madrid (Spain), Kuwait, Bahrain, Vietnam, Thailand, Myanmar, Hongkong, Brunei and Indonesia. Responsibilities included planning, determining and coordinating with clients the scope, extent and timing of audit review. Determined the appropriate audit procedures to be applied to client. Supervised and reviewed the work performed by audit assistants. Prepared draft report of the audited financial statements. Prepared and discussed management letters containing results on the clients operations and offered recommendations.

1988 – 1992

State Auditor I
Philippine Commission on Audit
Manila, Philippines

As team member, conducted financial, compliance and system-based audit of the Philippine national government offices and government-owned and controlled corporations. Auditees included Manila Gas. Republic Planters Bank, Philippine Phosphate Fertilizer, NIA Consult, Inc. etc.

1983 – 1987

Bookkeeper/Accountant
Dowell’s Enterprises, Philippines

Performed bookkeeping functions as well as preparation of financial statements and corporate income tax returns.

 

 

 


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