Summary
Overview
Work History
Education
Skills
Certification
Personal Information
Awards
Accomplishments
Timeline
Hi, I’m

Halimah Mustapha

Finance Professional
Lagos
Halimah Mustapha

Summary

Talented financial leader well-versed in accounting principles and regulations. Motivated to keep company financial operations compliant, accurate, and cost-effective. Ready to bring 20+ years of experience and take on challenging new role. Proven track record of optimizing brand investments, enhancing internal controls, and ensuring sustainable growth and profitability for stakeholders.



Overview

19
years of professional experience
6
Certifications

Work History

Unilever Nigeria Plc

Commercial Finance Controller Nigeria & West Africa Finance Learning Lead
4 2021 - Current

Job overview

**Led forecast process, ensuring accurate budgeting with credible assumptions for volumes, pricing, and discounts resulting in 40% revenue growth


**Enhanced efficiency of Trade and Market Investments through rigorous pre and post evaluations, saving over 0.5mEuros with ROI above 10%


**Coordinated teams for timely month-end closure activities, achieving 100% accuracy in turnover and trade terms reporting scores


**Collaborated with business teams on pricing strategies, contributing to healthier profit margins which was over by 500bps


**Enhanced learning across West African finance teams by embedding finance and soft skills training into daily operations resulting in over 20% efficiency in Finance


**Improved financial reporting accuracy by streamlining and automating data processing tasks resulting in 30% data accuracy and 15% error reduction


**Developed and maintained strong relationships with banks, investors, and other financial partners to ensure optimal financing options resulting in improved ROWC of about 20% for distributors


**Implemented robust internal controls to mitigate risks and ensure compliance with regulatory requirements resulting in zero deficiencies for 2 consecutive years


**Conducted thorough risk assessments to identify potential areas of concern in sales operations, providing actionable insights for risk mitigation efforts of 2mEuros


**Managed trade debt and cash through effective credit policy and sales collaboration resulting in NIL customer overdues and cash target exceeded by 110% for 3 successive years


**Mentored 5 junior colleagues within finance team, resulting in 3 of them receiving promotions during the period

Unilever Nigeria Plc

Team Lead, Supply Chain Controls & Finance Digital Automation, Ghana & Nigeria
01.2019 - 03.2021

Job overview

**Identified 2m Euros recoverable cost through detailed audit processes leading to improved financial performance


**Established enterprise risk management framework, significantly reducing repetitive audit actions by 30% year on year and fostering discipline


**Enhanced compliance procedures across processes, resulting in 25% reduction in time spent on compliance checks


**Enhanced overall team performance by providing regular coaching, feedback, and skill development opportunities resulting in 30% efficiency in ways of working


**Collaborated with other department leads to streamline workflows, improve interdepartmental coordination, resulting in automation of electronic POD


**Conducted adhoc risk assessment that prevented potential losses of over 300m Euros by identifying high risk areas


**Developed effective audit plans in alignment with business goals and specifications as such audits were completed 15% faster than prior periods


**Prepared the organization for major regulatory audits which resulted in clean audit report with zero significant deficiencies

Unilever Nigeria Plc

Manager - Audit, Risk Management & Internal Control, Nigeria
07.2016 - 12.2018

Job overview

**Increased audit coverage by 40% over a period of 2 years ensuring comprehensive oversight across all business processes.


**Successfully executed 100% audit engagement per year and covered all critical risk areas outlined in the audit plan


**Identified and mitigated high risk areas, reducing overall business risks by 20%


**Mentored and developed a team of 6 auditors, leading to 3 promotions within 2 years


**Implemented audit recommendations that led to cost savings of about 1.5mEuros


**Improved regulatory compliance by 15%, resulting in zero compliance-related penalties over 3 years


**Led a team of 6 auditors, achieving a 30% improvement in audit report quality and timeliness


**Enhanced relationships with key stakeholders, increasing their satisfaction with the audit process by 40%

Lotus Capital Limited

Head – Treasury Operations & Company Accounts
07.2010 - 06.2016

Job overview

**Optimized cash flow management, increasing liquidity by 30% while reducing idle cash balance by 40%


**Reduced the company's dormancy ratio to 35% by implementing a robust credit risk management strategy


**Enhanced investment portfolio performance, achieving an average return of 15% over 3 years, exceeding benchmarks by 3%


**Ensured 100% accuracy in financial reports, consistently delivering them before deadlines


**Collaborated to automate financial reporting processes, reducing report preparation time by 30% and improving accuracy


**Maintained full compliance with regulatory requirements, resulting in zero audit findings during the period


**Managed the budgeting and forecasting process, reducing variances between actual and forecast to 10% from 40%


**Led a team of 7 finance professionals, achieving a 50% improvement in reporting accuracy and timeliness


**Provided financial insights and reports to senior management, supporting strategic decision making that led to a 20% increase in profitability


**Reduced treasury operation costs by $0.2m annually through process optimization and vendor renegotiation

Virgin Nigeria

Supervisor - Foreign Payments Account
01.2008 - 06.2010

Job overview

**Leveraged data analytics to drive decisions, maintaining consistent 100% productivity rate over a year


**Streamlined foreign payment processes, reducing transaction processing time by 20%


**Reduced payment errors by 20% through introduction of enhanced verification/control measures


**Ensured 100% compliance with International payment regulation, avoiding penalties and ensuring smooth operations


**Achieved zero audit findings in audits over 2 years by maintaining adherence to payment procedures and documentations


**Negotiated with foreign banks to reduce transaction fees by 5%, saving the company $0.3m


**Led team of 2 payment clerks, increasing overall productivity by 10% through targeted training and development


**Maintained 20% satisfaction survey rate among international vendors by ensuring timely and accurate payment.

Teknokleen Limited

Accounts Officer
04.2005 - 12.2007

Job overview

  • Resolved an average of 250 inquiries in any given week and consistently met performance benchmarks in all areas
  • Saved the organization a considerable amount of money per quarter by reconciling suppliers' purchase orders and invoice received to ensure prompt payments
  • Utilized Peresoft accounting software to develop, maintain and monitor operating budgets, making needed adjustments to ensure budget requirements are achieved.

Education

Ahmadu Bello University

Master of Business Administration (M.B.A.), Finance and Investment specialization

International School of Management (ISM)

Certificate in IFRS, Financial Reporting

Yaba College of Technology

Higher National Diploma (HND) Accounting & Finance

Yaba College of Technology

National Diploma (ND) Accounting & Finance

Skills

Auditing & Internal Controls

Certification

Institute of Chartered Accountants of Nigeria (ICAN) FCA 2010

Personal Information

Nationality: Nigerian

Awards

  • East & West Africa Finance Director award for driving learning & automation agenda for West Africa, 2024
  • Africa Finance Award for improving TTS efficiency by over 100bps savings; co-ordination of efficient year end external audit with zero ML; 2023
  • Finance Director Award for successfully supporting the Ghana-Nigeria Finance team during the Finance Olympiad competition from 2018 to 2020
  • Vice president Finance award for for driving and landing the implementation of electronic POD; 2022

Accomplishments

  • Introduced accounting procedures and stronger financial controls to improve financial reporting scores by over 100%
  • Exceed 2022 & 2023 revenue targets by over 40%
  • Led team of over 20 in managing accounting functions for customer development across East and West Africa
  • Successfully eliminated overdue from customers with robust credit policy and emphasis on shorter credit days; resulting in increased cash collection year-over-year by over 30%
  • Collaborated with global IT team in the development of Electronic-POD to monitor customer invoices resulting in 100% seamless sampling during external statutory audits and improved work life balance for units involved
  • Year on year Global, Africa and Regional finance leadership recognition in driving learning & automation agenda in Finance

Timeline

Team Lead, Supply Chain Controls & Finance Digital Automation, Ghana & Nigeria

Unilever Nigeria Plc
01.2019 - 03.2021

Manager - Audit, Risk Management & Internal Control, Nigeria

Unilever Nigeria Plc
07.2016 - 12.2018

Head – Treasury Operations & Company Accounts

Lotus Capital Limited
07.2010 - 06.2016

Supervisor - Foreign Payments Account

Virgin Nigeria
01.2008 - 06.2010

Accounts Officer

Teknokleen Limited
04.2005 - 12.2007

Ahmadu Bello University

Master of Business Administration (M.B.A.), Finance and Investment specialization
04.2019

International School of Management (ISM)

Certificate in IFRS, Financial Reporting
04.2014

Yaba College of Technology

Higher National Diploma (HND) Accounting & Finance
04.2001

Yaba College of Technology

National Diploma (ND) Accounting & Finance
04.1998

Institute of Chartered Accountants of Nigeria (ICAN) FCA 2010

Chartered Institute of Taxation Nigeria (CITN) - ACIT 2015

Member - Association of Corporate Treasurers UK (ACT) - 2014
Certificate in Net Revenue Management (NRM) - 2021

Certificate in Risk awareness in a finance digital world 2020

Certificate in Finance Process Design & Automation 2019

Commercial Finance Controller Nigeria & West Africa Finance Learning Lead

Unilever Nigeria Plc
4 2021 - Current
Halimah MustaphaFinance Professional