ACCOUNTANT | Skyway Cargo Limited.
Jan 2020 – To date.
Preparing error-free and timely periodic Financial and Management reports while ensuring their accuracy, completeness and conformance to the reporting standards. Key contributions.
- Providing the management with accurate, timely, and comprehensive quality financial information and feedback on performance and business plans.
- Ensuring timely and accurate reporting of entity results with a 100% score in completeness, timeliness and quality in Reporting.
- Reconciling the accounts receivable ledger to ensure all payments are accounted for and properly posted.
- Processing all Invoices in SAP while ensuring 100% accuracy in posting of invoice amounts, taxes, dates and invoice numbers.
- Managing the Company bank accounts and ensure adequate liquidity at all times to meet the business and investment needs of the company.
- Ensuring all credit transactions, the company engages in are well appraised and timely recovery of debts due from customers. Ensure 100% cash collections as per monthly target based on portfolio allocated.
- Updating supplier’s master data on SAP to facilitate efficiency and effectiveness in the management of supplier payment.
- Handling tax issues, return filings, tax Reconciliations and filling statutory returns using I-Tax ensuring compliance with all stipulated deadline dates of submission.
- Reimbursement of petty cash and posting the same to the ledger once the payment is raised and ensuring correctness of the supporting documents.
- Engaging debtors to sign payment plan (JBPs) which has increased debt collection and reduced debts outstanding by 35%.
- Preparing audit schedules, responding to audit queries on a timely basis and ensure that there is adequate controls in place to ensure good audit rating.
- Monitoring expenses in relation to budgets and ensured expenses were booked in the correct expense lines.
- Resolving various issues with the bank such as cleared cheque differences, bank fee anomalies, targeted balance calculations and enhancements to online services.
- Minimized overdrafts and loans by preparation of timely and accurate cash flow forecasts.
- Eliminated tax penalties through accurate and timely preparation & submission of statutory returns.
ACCOUNTANT | Seven Seas Shipping Agencies K Ltd
January 2018 – December 2019.
Prepared timely and accurate Financial & Management reports while ensuring compliance to IPSAS, IAS, IFRS, GAAP’s and Internal Controls. Key contributions;
- Assisted in budgeting and budgetary control through forecasting and variance analysis
- Processed all cash transactions accurately and efficiently in accordance with established policies and procedures.
- Prepared expenditure reports and ensured all payments were authorized, supported with proper documentation and posted on the accounting system.
- Verification and payment of Crew Wages (Allotments)
- Accurate posting of monthly recurring journals for – accruals, prepayments, provision for bad debts,
- Managed the banking process including reconciliations of the Bank Accounts and all controls around the entire cash and bank process.
- Made projections on cash inflows and cash out flows to ensure that there was enough money to meet long and short-term maturing obligations.
- Managed the Office petty cash i.e reimbursements, daily reconciliations and processing the entries into the Accounting system.
- Maintained fixed assets registers and ensured that company assets were not misused and that their existence is verifiable at all times.
- Minimized overdrafts and loans by preparation of timely and accurate cash flow forecasts.
- Corrected the Company entire creditor’s wrong postings that had accumulated for over 3 years in the system.
- Filled statutory deductions; VAT, withholding taxes and acted as the contact person for all tax matters.
- In Coordination with the Equipment Control Department, ensures all Detentions are invoiced to Clearing Agents and/or Consignees and same collected settled before refund of container deposits
- Ensured that the company books were ready for audit within the set deadlines. Provided the necessary information for internal and external audits and implemented recommendations as necessary.
- Monitored and evaluating Finance internal processes & procedures, suggested and implemented changes which has brought in control, efficiency and effectiveness.
- Dealt with Clearing Agents and Consignees enquiries and complaints at first point of contact while ensuring quality customer service in all interactions with them.
INTERN ; FINANCIAL DATA ANALYST / ACCOUNTS ASSISTANT .
Radbone Clark Limited | Jan - June 2017.
Handled daily accounting transactions-Customer invoicing, processing supplier payments ,
bank/account reconciliations sales analysis and financial data analysis .Key contributions ;
- Managed account/invoice disputes effectively, both internally and externally and ensured that disputes were resolved without undue delay.
- Monthly reconciliation of stock balances.
- Reconciled the accounts receivable ledger to ensure all payments were accounted for and properly posted.
- Posted stock adjustments and transfers both in Tally and SAP softwares
- Responsible for verifying, classifying, and postings invoices in SAP accounting software’s
- Managed the Office petty cash i.e reimbursements, daily reconciliations and processing the entries into Quickbooks.
- Maintained accurate records of receivables, analyzed the effectiveness of the organization’s credit control system and implemented changes which improved profitability and reduced bad debts.
- Streamlined petty cash process by introducing controls that had a positive impact on its management leading to a decrease on audit queries on the same.
- Reconciled all revenues collected on daily basis against receipts.
- Substantially reduced audit adjustments by recording transactions correctly.
- Recorded improvement in financial data quality through data validation checks including discrepancy/inconsistency checks, real-time data monitoring, data cleaning and analysis.
- Set up a user-friendly filing system for all accounting records which considerably improved record keeping, document retrieval time and optimal accessibility of information.
