Performance Planning Manager - Anheuser-Busch InBev (Nigeria) - International Brewery PLC
(2020-12)
- Track performance targets for the Brewery Operations and make sure these are in line with what is included in the financials. (e.g., TEL calculation, by product income tracking, packaging & brewing beer loss etc.)
- Maintain an effective financial control environment at the plant, i.e., Inventory control effectiveness, Stock counts, Excise return reviews, Decant compliance
- Responsible for monthly and year end closing activities in supply (esp. Validation of accruals & review of journals)
- Perform detailed analysis to determine cost opportunities in the brewery.
- Drive the Plant team in the achievement of all the champions initiatives (i.e., cost reduction opportunities) and make sure each initiative is delivered according to plan.
- Review of the plant P&L (COS – Standard, Usage Variance, Price Variance and others) and validation that the results reported are accurate and there is no material misstatement.
- Review of balance sheet GLs (WIP provisions and accruals) to check accuracy of the balances in the books.
- Coordinate preparation of the Bill of Materials with the Supply team (Brewing, Packaging, Energy & Fluids, Coordinators) and do all the cost analysis required.
- Ensure timely and accurate reporting of financial results in line with approved policies & procedures
Site Financial Controller - PZ Cussons Nigeria PLC
(2018-07 - 2020-12)
- Ensure full financial control at factory and provide full financial business partnership and value adding analysis to Factory Team
- Responsible for co-ordination of factory Budget and PFs Processes and monthly forecasting of the full year factory cost and recoveries.
- Responsible for financial control over all stock – Stores and WIP
- Responsible for product cost standards and all product cost reporting & analysis
- Provide finance business partner support for value adding analysis and process improvement within the factory
- Accounts payable functions: Overseeing approval and cross reference checks for preservation and operation of account dispensation for all payable dealings within the Factory.
Cost Accountant - Oriental Food Industry Ltd
(2016-01 - 2018-06)
- Actively involved in Factory yearly budget preparation
- Actively involved in the Period End Closing (PEC) and Activities Allocation on SAP to calculate monthly cost of production
- Proper analysis of the evolution of Cost of Production (COP) on a monthly basis to the management at local and regional level and provide possible cost containment measures
- Monitoring general ledgers and preparing journal vouchers to effect necessary cost movement and other provisions
- Preparing cost simulation for new products
- Preparing and presenting weekly and monthly variance reports on production activities for resources usage control and ensuring all agreed action plans are closed
- Preparation of different reports for management decision making on the cost of production
- Preparation for progress report on Capital Projects in the factory
- Monitoring completion and capitalization of completed projects
- Generating AMR (Assets Master Records) for fixed assets and ensure proper tagging.
- Member of Internal Audit Committee of the factory
Cost Analyst - Oriental Food Industry Ltd
(2015-04 - 2015-12)
- Collect and analyze information to determine costs of business activities such as the purchase of raw materials and costs of production process
- Make analysis of collected information as well as keep records of their findings and results
- Analyze changes in the methods of production, goods and services provided, and even raw materials to know how they affect cost.
- Analyze and prepare reports periodically for the difference between actual production costs and standard costs
- Maintain the documentation of data and any statistical arrangement in cost analysis
- Identify possible opportunities for improving the efficiency of production with the main aim of making profit
- Assist in the preparation of the annual budget to make sure that standard costs for all productions are calculated in line with budget consideration
- Provide the management board with reports containing the factors that affect cost or profit of goods and services
Accountant - Fuel Speed Global Resources Limited
(2012-07 - 2015-03)
- Processing cheque and EFT payment to suppliers and staff.
- Performing daily and monthly reconciliations of all bank accounts.
- Monitoring payment and preparation of progress reports on various inflows and outflows
- Monitoring the preparation of payroll and other members of staff emoluments and payment through the company pay slip.
- Completed of biweekly payroll and account reconciliation.
- Recorded transactions using Microsoft excel package.
- Prepare monthly financial statements for Director of the Board.
- Analyse business and assisted in rate change decision, improving cash flow.
