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Angelito Lim has served as Assistant Controller since 2006. His responibilities include reconciling cash and investment balances at month-end; reviewing and posting payroll and related accounts; preparing various month-end journal entries, accruals and cost allocations; initiating and leading the preparation of form 990s; and responding to auditors during annual audit on all assigned schedules and GL accounts. He also performs financial management on grants and contracts to ensure compliance with the terms of the agreements; prepares the required financial report and invoices; provides assistance in preparing grant proposal budgets; prepares indirect rate proposals annually for federal cognizant agency; and responds to auditors during annual A-133 audit on all matters related to grants and contracts.
Angelito started at NACo as Grants Accountant in 2003 and became Senior Accountant in 2005. Prior to NACo, Angelito worked for over four years as a Program Finance Officer at another DC-based non-profit organization with offices in Africa and Asia. He has a Bachelors of Science Degree in Accounting from University of The Assumption, San Fernando, Pampanga, Philippines. He received his CPA license from the Philippines in 1985.