EMMANUEL IFEANYICHUKWU OKAFOR
ACCOUNTANT
Bariga
Summary
Experienced Finance Manager with over 15 years of expertise in financial management, budgeting, forecasting, and compliance across industries including Telecommunications, FMCG, and HVAC. Adept at streamlining financial processes, optimizing internal controls, and leading cross-functional teams to achieve business objectives. Proven track record in driving cost-saving measures, improving profitability, and ensuring financial stability. Seeking to leverage strategic financial acumen and leadership skills in a challenging Finance Manager role.
Overview
22
22
years of professional experience
2002
2002
years of post-secondary education
5
5
Certifications
Work History
Finance and Accounts Manager
Blue Ocean Technical Services Limited
09.2015 - 11.2024
- Led financial operations, including monthly and annual reporting, and implementation of internal controls, contributing to a 30% reduction in operational costs and a 20% reduction in procurement expenses.
- Developed and managed annual budgets and forecasts, ensuring alignment with organizational goals and driving financial stability.
- Directed the month-end and year-end financial close processes, ensuring all balance sheet accounts were reconciled and tax returns filed on time, resulting in zero fines for non-compliance.
- Implemented financial systems and cost-control measures, achieving a 25% reduction in operational expenses and improving the company's profitability by 15%.
- Spearheaded strategic supplier negotiations, locking in favorable long-term contracts and managing currency risks to stabilize procurement costs.
- Prepared financial statements and management reports, providing insightful analysis that guided senior leadership in decision-making.
- Collaborated with auditors both internal and external to ensure accurate reporting and compliance with IFRS, GAAP and local regulations.
- Applied effective tax planning strategy that reduced tax liability by 30%
Senior Accountant
Somotex Nigeria Ltd
08.2006 - 08.2010
- Managed accounts payable/receivable aging and prepared financial reconciliations for monthly and year-end closing.
- Led inter-company consolidation and coordinated with external auditors to ensure timely completion of tax audits and statutory filings.
- Developed financial reports and analyses, identifying key business challenges and opportunities for cost optimization.
Account Officer
Office Devices Ltd
11.2002 - 08.2006
- Managed general ledger functions, including account analysis, reconciliation, and invoicing.
- Provided financial insights to support business plans, driving cost-efficiency and improved service delivery.
Education
B.Sc. - Accounting
Olabisi Onabanjo University
Skills
Financial Reporting & Analysis
Budgeting & Forecasting
Strategic Financial Management
Cost Control & Efficiency Improvement
Internal Controls & Risk Management
Financial Systems & ERP Expertise
Leadership & Team Management
Regulatory & Compliance Oversight
Stakeholder Relationship Management
ERP Systems (SAP, QuickBooks, Sage 50, Oracle Financials)
Advanced Excel (Pivot Tables, VLOOKUP, Financial Modeling)
Tax Compliance & Planning
Financial Forecasting & Budgeting Tools
Project Management in HVAC Industry
Cost Control & Inventory Management
Fraud prevention and Control
Data Analysis
Internal Control Development & Risk Management
Bank reconciliation
GAAP
ERP systems expertise
Accounts payable and receivable
General ledger management
Payroll administration
Cash flow management
Internal controls
Revenue recognition
Certification
Association of Certified Fraud Examiners (CFE), 01/01/24
Affiliations
- Certified Forensic Accountant of Nigeria (CFAN)
- Chartered Institute of Taxation of Nigeria (CITN) | Associate Member
- Institute of Chartered Accountants of Nigeria (ICAN) | Associate Member
- Association of Certified Fraud Examiners (CFE)
- Fellow, Society for West African Internal Audit Practitioners (SWAIAP)
- Student Member, Information Systems Audit and Control Association (ISACA)
Personal Information
- Gender: Male
- Nationality: Nigerian
- Marital Status: Married
- Place of Birth: Delta State
Additional Notes
Actively seeking to stay ahead in financial management by pursuing continuing education, attending financial management seminars, and engaging in industry networking., Fluent in English, with strong written and verbal communication abilities., Leadership demonstrated in mentoring finance teams and developing efficient operational processes across departments.
Timeline
Finance and Accounts Manager
Blue Ocean Technical Services Limited
09.2015 - 11.2024
Senior Accountant
Somotex Nigeria Ltd
08.2006 - 08.2010
Account Officer
Office Devices Ltd
11.2002 - 08.2006
B.Sc. - Accounting
Olabisi Onabanjo University