Senior Accountant at DORMAN LONG ENGINEERING LTD. (2024-03 – Present)
- Process and verify financial transactions, maintaining accurate accounts payable and receivable records.
- Ensure the accuracy of financial documents for payments, auditing, and tax compliance.
- Monitor timely payments to vendors and oversee invoice review and approval.
- Prepare vouchers and reports following accounting policies and procedures.
- Verify invoices against purchase orders, ensuring goods or services are received before processing payments.
- Manage advance payments to vendors and intercompany transactions.
- Handle tax preparation and filing, including VAT, WHT, transfer pricing, and PAYE.
- Oversee internal and external audit exercises to ensure compliance and transparency.
- Successfully reduced tax liabilities through accurate periodic tax filing.
- Developed a centralized SharePoint system for efficient document storage and audit readiness.
- Implemented accounting software to automate invoicing and tax filing, reducing errors and saving time.
- Streamlined accounts payable processes, improving efficiency and vendor relationships.
- Coordinated the annual audit exercise, ensuring compliance and timely reporting.
Finance Manager at NOSAGIE HOLDING (2023-07 – 2024-02)
Nosagie Holding encompasses 14 subsidiaries involved in Hospitality, Finance, Oil and Gas, Real Estate, Construction, Logistics, Education, Diagnostics, and FMCG.
- Managed accounting, financial reporting, and budgeting, achieving 95% budget accuracy.
- Executed financial transactions and maintained accurate bookkeeping for the foundation.
- Reviewed financial reports and expenditures, ensuring timely funds requests from partners.
- Analyzed monthly and quarterly budgets, highlighting variances and providing feedback to stakeholders.
- Coordinated the annual operational budget, collaborating with country representatives.
- Ensured adherence to IFRS accounting policies, reducing compliance risks by 30%.
- Managed large fund disbursements, maximizing financial outputs and maintaining liquidity.
- Prepared accurate financial statements and income reports, meeting corporate and statutory requirements.
- Designed tax policies and ensured compliance with local and international regulations.
- Led recruitment processes, improving staff efficiency and team alignment.
- Oversaw payroll computation, allowances, and procurement processes, ensuring cost-effectiveness and quality standards.
- Liaised with government agencies and international partners, securing favorable relationships and agreements.
- Supervised all administrative matters, establishing policies, codes of ethics, and operational protocols.
- Introduced IFRS-compliant financial reporting, enhancing transparency and accuracy.
- Reduced budget wastage by 20% through effective monitoring and controls.
- Boosted staff productivity by 30% through training initiatives and safety programs.
- Strengthened funding partnerships, increasing operational output by 25%.
- Established two new entities, expanding organizational reach and capacity.
- Implemented a structured salary system with pay slips, improving employee satisfaction.
- Enhanced internal controls, reducing financial discrepancies by 40%.
Finance and Administrative Manager (Nigeria) at BEYOND BEANS FOUNDATION (INTERNATIONAL NGO) (2022-03 – 2023-05)
- Managed financial planning, budgeting, and forecasting, achieving 95% budget accuracy.
- Ensured compliance with GAAP and IFRS, reducing audit queries by 30%.
- Conducted financial analysis, providing insights that improved profitability by 20%.
- Prepared and presented financial reports to the board, enhancing decision-making efficiency by 25%.
- Oversaw cash flow, reducing financial risk by 40%.
- Directed accounting operations, improving process efficiency by 35% across payables, receivables, and payroll.
- Strengthened internal controls, minimizing risk exposure by 50%.
- Ensured timely compliance with tax laws, avoiding penalties.
- Coordinated audits, ensuring 100% regulatory compliance.
- Implemented accounting software, reducing errors by 60% and saving 20 hours monthly.
- Consolidated accounts across 4 subsidiaries, streamlining financial operations.
- Boosted revenue by 25% and reduced costs by 15% through strategic initiatives.
- Ensured timely statutory remittances, avoiding penalties.
- Established a robust internal control system, reducing fraud risks by 40%.
Credit Control Manager at FAKOB & SON'S NIGERIA LIMITED (2020-07 – 2022-02)
- Assessed customers' creditworthiness and determined eligibility for credit facilities.
- Established terms and conditions for receivables and payables, improving cash flow efficiency.
- Managed internal payment queries, ensured timely customer payments, and negotiated repayment plans.
- Implemented and maintained a Credit Control system, reducing outstanding debts by 20%.
- Monitored payment patterns and recommended proactive measures to prevent indebtedness.
- Maintained regular contact with customers to manage and resolve outstanding debts effectively.
Senior Accountant at TECHLUM NIGERIA LIMITED (2012-06 – 2020-06)
- Built a performance scorecard to measure progress against goals, improving tracking.
- Monitored inventory intake and usage in the warehouse, ensuring accuracy and minimizing discrepancies.
- Maintained accounting records by preparing ledgers, cash books, and trial balances in line with global accounting standards.
- Prepared payroll schedules, facilitating timely staff payments through banking channels.
- Produced financial statements, cash flow reports, and analytical reviews for stakeholder decision-making.
- Conducted long-term planning and forecasting to align with strategic goals.
- Monitored company assets, providing valuation updates for fixed and current assets.
- Represented the organization at strategy conferences and seminars, contributing to policy and strategic decisions.
- Prepared financial reports on expenses, costs, and revenue to guide decision-making.
- Reconciled accounting books and monitored banking activities to ensure accuracy.
- Oversaw accounts payable, receivables, debtor periods, and creditor payment cycles to optimize cash flow.
- Developed and implemented company budgets to meet financial objectives.
- Prepared and filed annual tax returns (VAT, WHT, PAYE, pension remittance, NSITF), ensuring compliance.
- Designed tools for cash planning, financial reporting, project monitoring, and projection, enhancing financial oversight.
- Reconciled balance sheet items, reducing VAT liability by 37.5% (from ₦40M to ₦25M).
- Introduced cost-control techniques, cutting operational expenses and minimizing waste.
- Implemented international-standard accounting and reporting systems, ensuring compliance.
- Established a Fixed Asset Register to provide accurate asset valuations.
Accountant at FAMOUS ENDURANCE NIGERIA LIMITED (2012-06 – 2020-06)
- Prepared and maintained all ledgers and accounting records to ensure accurate financial reporting.
- Managed the book of accounts, reconciling with banks for accuracy.
- Processed cash and cheque payments on behalf of the organization.
- Established relationships with government agencies to ensure timely payment of taxes and levies.
- Ensured effective internal controls within the organization to safeguard financial operations.
- Monitored purchases and disbursements to ensure compliance with procurement standards and cost efficiency.
- Oversaw accounts payable and receivable to maintain proper cash flow.
- Ensured all financial transactions comply with company policies and procedures.
- Reconciled customer account ledgers, providing accurate account standings and minimizing discrepancies.
- Issued monthly client statements and correspondence to maintain transparency in account management.
- Reviewed and refined debt recovery procedures, enhancing collection rates by 15%.
- Fostered strong customer relationships through regular visits and professional advisory services.
- Monitored the organization's debt profile, identifying and mitigating credit risk exposures.
- Prepared and presented comprehensive receivables analysis reports to management, providing actionable insights.
- Managed all receivables accounts, ensuring accurate reporting and compliance.
- Reduced the organization's debt profile from ₦482,454,066 to ₦196,507,079 within two months.
- Implemented credit categorization to streamline customer credit facilities.
- Designed an Excel-based format for efficient financial record computation.
- Introduced a customer ledger system, ensuring regular account reconciliations.
- Deployed ERP software, boosting operational efficiency and record management.
- Prepared and recorded financial documents in line with global accounting standards.
- Processed staff payroll and submitted payment schedules to the bank.
- Prepared financial statements and cash flow reports for stakeholders, conducting regular reviews for accuracy.
