Nestor Canlas

Senior Accountant

Professional Overview

Nestor Canlas is a seasoned finance and accounting professional with over 40 years of experience in the insurance and energy industries. As a Senior Accountant at New York Life Insurance Company, he leverages his deep expertise in financial reporting, auditing, and compliance to drive operational efficiencies and ensure the integrity of financial records.

Experience Summary

Current Role

Nestor has served as a Senior Accountant at New York Life Insurance Company since 2010. In this role, he is responsible for preparing and analyzing financial statements, overseeing the month-end close process, and ensuring compliance with regulatory requirements. Nestor's keen attention to detail and analytical prowess have been instrumental in identifying cost-saving opportunities and enhancing the company's financial reporting capabilities.

Career Progression

Prior to joining New York Life, Nestor held the role of Senior Auditor at Philippine Geothermal Inc. from 1978 to 1990. In this position, he conducted comprehensive audits, identified areas for improvement, and implemented control measures to mitigate financial risks. Nestor's ability to navigate complex regulatory environments and his commitment to continuous improvement have been key drivers in his successful career progression.

Academic Background

Nestor holds a Bachelor's Degree in Accounting and Business/Management from the University of Santo Tomas. He also pursued a Master of Business Administration (M.B.A.) in Finance from Ateneo de Manila University, although he was unable to complete the program due to a lack of several units.

Areas of Expertise

• Financial reporting and analysis

• Auditing and internal controls

• Regulatory compliance

• Cost optimization and process improvement

• Strategic financial planning and decision-making

Professional Impact

During his tenure at New York Life Insurance Company, Nestor has played a pivotal role in enhancing the company's financial reporting processes. He has successfully implemented streamlined procedures that have reduced close cycle times and improved the accuracy and timeliness of financial statements. Nestor's dedication to continuous learning and his ability to adapt to changing industry dynamics have made him a valuable asset to the organization.

Conclusion

Nestor Canlas is a seasoned finance and accounting professional with a proven track record of driving operational excellence and financial integrity. With his extensive industry experience, technical expertise, and strong leadership skills, he is poised to continue making a meaningful impact within the insurance sector. Nestor's commitment to innovation and his dedication to delivering exceptional results make him a valuable asset to any organization.