Hammed Bola

Detail-oriented Accountant with over 7 years of experience in Accounts Payable, Accounts Receivable, Management Accounting, Inventory Control, Internal Control, and Tax Compliance. Proven track record in improving financial processes, reducing costs, and ensuring regulatory compliance. Skilled in financial reporting, reconciliations, ERP systems, and cash flow management.

Account Receivables Specialist at Synlab Nigeria (2026 – Present)

• Preparation of weekly sales reports per locations and regions
• Invoicing dispute and resolution
• Weekly collection and follow up on outstanding invoices
• Sending an emails to more than 1000 customers using mail merge
• Sending Demand letters to over due customers for fund recovery
• Attending to customers request and Billings
• Reconciliation of customers accounts
• Daily and weekly reconciliation Receivables aging reports
• Follow up on WHT and issuance of credit notes.
• Reconciliation of WHT on Sage 200
• Preparation of customers statement of account to establish balance position
• Issuance of accurate invoices to more than 200 customers within three days of the following months.

Accountant/Account Receivables and Payables Officer at Wecyclers Nigeria Limited (2023 – 2025)

• Established an effective Account Department, ensuring timely and accurate financial reporting to the board of directors.
• Developed and implemented a comprehensive chart of accounts, reconciliation schedule, and asset register, improving financial record-keeping and reducing errors.
• Prepared accurate financial statements, including Statement of Financial Position and Cash Flow Statement, ensuring compliance with accounting standards and regulatory requirements.
• Invoice Processing: Prepare and issue accurate invoices to customers in line with agreed terms and pricing
• Revenue Recognition: Record revenue in compliance with IFRS 15 Revenue from Contracts with Customers
• Receivables Monitoring: Maintain and track customer accounts to ensure timely payments
• Aging Analysis: Prepare and review accounts receivable aging reports to identify overdue balances
• Collections Management: Follow up on outstanding invoices via calls, emails, and formal notices
• Cash Application: Record and allocate customer payments accurately to respective invoices
• Reconciliation: Perform customer account reconciliations and resolve discrepancies
• Credit Control: Assess customer creditworthiness, set credit limits, and monitor exposure
• Dispute Resolution: Investigate and resolve billing issues or disputes promptly
• Reporting: Generate AR reports (DSO, collection efficiency, bad debts) for management
• Month-End Activities: Support closing by reconciling receivables ledger and posting necessary adjustments
• Compliance & Documentation: Ensure proper documentation for audit and adherence to internal controls and regulatory standards
• Manage financial records, bank reconciliations, and budgeting
• Prepare financial statements and ensure compliance with accounting standards and regulatory requirements
• Accounts Receivable: Invoice issuance, aging report preparation, and revenue recognition in accordance with IFRS 15.

Account Officer at Nigerian National Petroleum Corporation, Retired Staff Association (2019 – 2023)

• Identified and corrected errors in service charge payment, resulting in a saving of N1,000,000.
• Implemented cost-saving initiatives, reducing variable costs by 47% within four months and achieving significant financial savings.
• Streamlined workflow procedures, reducing month-end close time by 25% and improving financial efficiency.
• Cost Reduction: Reduced variable costs by 47% within four months, saving N1,000,000.
• Process Improvement: Implemented efficient workflow procedures, reducing month-end close time by 25%.
• Financial Analysis: Prepared management accounts, including cash book, petty cash, and general ledger management.
• Staff payroll preparation and staff payslips designed with excel, monthly PAYE, Overtime computation and Remittance, Pension computations and remittance
• Operations budget and Asset register management
• Management and incorporation of Six Units Accounts

Account Documentation Assistant at Sterling Bank Plc (2013 – 2014)

• Documented account openings and maintained accurate customer records, ensuring compliance with regulatory requirements.
• Resolved customer complaints in a timely and professional manner, improving customer satisfaction and loyalty.

Higher National Diploma in Accountancy – Osun State College of Technology

National Diploma in Accountancy – Osun State College of Technology