OLUWAKEMI OGUNLEYE ESTHER
Accounts Receivable & Asset Management Manager
Arepo
Summary
Results-driven Accounts Receivable and Asset Management Manager with over 10 years of progressive experience in finance, revenue assurance, asset lifecycle management, CAPEX reconciliation, contract administration and customer collections within the telecommunications and manufacturing sectors. Proven success managing accounts receivable over N30billion and asset portfolios valued at over USD30 million while improving cash flow, resolving commercial disputes, leading cross-functional teams and ensuring compliance with contractual and financial reporting requirements. Experienced in ServiceNow, Sage ERP, Microsoft Excel and stakeholder management.
Overview
20
20
years of professional experience
Work History
Accounts
BISWAL LIMITED
12.2022 - Current
- Collaborated with receivables team to generate accurate and timely customer invoices
- Contracts Collection: Tracking and collection of Sales contracts (POs) from customers/clients following applicable generic timeline across all Biswal business unit. (ASSET REVRSL, MAINTENANCE, DIESEL ALLOCATION, CAPEX CLAIMS, HAULAGE, NON-ROUTINE, ELECTRICAL HYGIENE, ROUTINE Raising of purchase orders for vendors
- Validate tickets on Service-Now application to process and ensure all operational task related is captured for CAPEX claims both PHYSICAL & NON- PHYSICAL, ROUTINE & NON-ROUTINE, generate revenue by ensuring that customers are adequately billed for goods and services (BISWAL PROJECT)
- Conducted weekly and daily follow-ups with departments to ensure timely collection of correct amounts, verified and recorded transactions, and resolved account discrepancies to secure client payments.
- ACCOUNT RECIEVABLES STATEMENT; oversees the process of billing, payment collections, and managing customer accounts to ensure timely and accurate financial transactions. Monitor customer account details for non-payments, delayed payments, and other irregularities
- Directed the receivables team to input all paid invoices into the accounting software to ensure accurate accountability for audits.
- Developing and implementing strategies for collection of overdue payments, including direct communication with customers, negotiating payment plans, and escalating delinquent accounts
- Overseeing all items deployed to sites during gas cut over are properly tagged and captured on service now for capex claims in compliance with Biswal contract and price book.
- Interpretation of Biswal contract and applying it with Biswal daily operational tasks for proper analysis and data capturing for Biswal inflow
- Final reconciliation with operation team and IH s to ensure that all Biswal managed sites are being paid for maintenance cost and security cost
- Ensured adherence to accounting standards and regulations: Ensure compliance with relevant accounting standards, accrual concept, realization and other relevant concepts and principles, company policies, and regulatory requirements and stay updated on changes in accounting standards impacting the accounts’ receivable function
- Developed strategies for effective collection of overdue payments: Develop and implement effective collection strategies to reduce/ Investigate and resolve customer queries and penalties charged (debit notes) against Biswal and established procedures for processing credit note receipts and cash outstanding receivable and Contact customers.
- Maximized use of billing systems to enhance accuracy: Maximize the use of accounting and billing systems to streamline processes and improve accuracy and Provide training to team members on system usage.
- Team Collaboration: Collaborate with other finance and operational teams to address cross-functional issues related to accounts receivable and foster a collaborative and communicative environment within the finance department
- Submission of Account receivables Report with the MD on a weekly basis for constant follow up with the customer for timely cash inflows for payment reminders and resolution of payment discrepancies.
- Reporting and Analysis: Generating and analyzing reports related to accounts receivable data captured on the accounting software (SAGE) in line with tax deductions regulations claims (VAT CHARGES and WHT) as well as other related intercompany, tracking and constant follow up with the receivable team to ensure accuracy in their postings
- Managed payment requests for operational tasks across regions; Managing, reviewing, and validating other region payment request for payment disbursement to carry out other operational tasks across the region (Lagos and Ibadan region) and maintaining adequate entries on all other revenue claims (CAPEX)
- (TELECOMMS ENGINEERING SERVICE)
ACCOUNT PAYABLE SUPERVISOR
BISWAL LIMITED
12.2020 - 01.2021
- Monthly bank reconciliation using sage 300
- Processed purchase orders for vendors to ensure timely procurement of goods and services.
- Reconciled vendor payable accounts to maintain accurate financial records and resolve discrepancies.
- Oversaw asset management accounts to ensure accurate financial reporting.
- Issued payment vouchers to facilitate prompt vendor payments and maintain positive supplier relationships.
- (TELECOMMS ENGINEERING SERVICE)
ACCOUNT RECEIVABLE OFFICER
BISWAL LIMITED
05.2016 - 12.2020
- Reconciled maintenance and diesel PFI’s monthly, ensuring accuracy in financial reporting
- Posting of invoices and payment
- Reconciling remittance advice with our invoice tracker and Bank statement
- Monthly reconciliation of maintenance PFI’s and diesel PFI’S
- Updating invoice Tracker
- Followed up with clients on outstanding payments, improving cash flow management
- Delivered support for telecomms engineering projects
SENIOR AUDIT OFFICER
WEMY INDUSTRIES LIMITED
05.2015 - 04.2016
- Oversaw stock movement, conducted stock counts, and managed stock levels.
- Prepared weekly and monthly reports on key performance indicators (KPI) to inform management decisions.
- Daily call over of payment voucher, petty voucher, sales invoice, purchases and chart of account.
- Vetting of Purchase Invoices against the company's payment policy.
- Vetting of Sales Invoices against the customers' credit limit.
- Compliance and substantive test analysis.
- Evaluate the effectiveness of internal control.
- Oversaw management of statutory deductions
- Provide independent appraisal of governance, risk and control.
- Reviewed reliability and integrity of financial and operational information, ensuring compliance and accuracy.
- Resolved accounting discrepancies and irregularities in customer and sales representatives' accounts, enhancing financial record accuracy.
- (Manufacturers of Dr Browns and Nightingale Sanitary products)
ACCOUNT OFFICER
WEMY INDUSTRIES LIMITED
05.2013 - 11.2015
- Bank Statement Reconciliation of with company cashbook and customer ledger
- Calculated commissions and bonuses for distributors and sales representatives, ensuring timely and accurate compensation.
- Raising of invoice to customers
- Posting and issuing of Cheque payment voucher
- Preparation of authorize payment and refund voucher and prepare monthly balance sheet schedules
- Created and issued invoices to customers
- Compiled daily reports on cash inflows and outflows
- Collected cash payments from sales representatives
- Explain billing invoices and accounting policies to staff, vendors and clients
- Prepared authorized payment and refund vouchers
- (Manufacturers of Dr Browns and Nightingale Sanitary products)
FRONT DESK OFFICER
DE’RITZ HOTEL
09.2013 - 04.2013
- Checking in guest by making use of excel sheet and hodologic software.
- Processed customer reservations efficiently using booking software.
- Computation and printing of customers’ bills
- Processed credit card transactions for guests efficiently and accurately
- Verification and processing of receipts
- Developed and maintained office systems for effective data management and filing
- Screened phone calls, inquiries, and requests, and handled them.
- Organizing and maintaining diaries and making appointments;
- Managed incoming emails, faxes, and postal correspondence for the manager.
- Coordinated communication with clients, suppliers, and staff to ensure smooth operations
DIRECT SALES SUPERVISOR
MTN TRADE PARTNER (MCTEE INVESTMENT)
01.2012 - 01.2013
- Collation of daily sales and sales proceeds
- Receiving and purchasing of new stocks
- Deposited cash and reported receipts for payment with accuracy
- Preparing cheques for deposit
- Ensured accuracy of cash details to prevent discrepancies.
- Balanced and reconciled monthly accounts for financial integrity
MTN NIGERIA (CONNECT STORE)
01.2011 - 01.2012
- Depleting of SIM in the store
- Selling of SIM and Registration
- Collation of figures and data
- Balancing and reconciliation of account for the month
General Supervisor/Sales Department
COCA COLA VENTURES
01.2007 - 01.2010
- Recording of daily sales and Remittance of Account
- Receiving money from Customers.
- Maintenance and Attending to guest needs.
- (University Campus, OOU)
Education
Professional Stage
Institute of Chartered Accountant of Nigeria
B.Sc - Accounting
Olabisi Onabanjo University
Ago-Iwoye, Ogun State01-2010
Senior Secondary School Certificate - SSCE
Ikolaba Grammar School
Ibadan, Oyo State01-2002
First School Leaving Certificate - undefined
Baptist Primary School
Aramoko, Ekiti State01-1996
Skills
CORE COMPETENCIES
Accounts Receivable Management
Asset Management
CAPEX & OPEX Management
Revenue Assurance
Contract Administration
Cash Flow Management
Financial Reporting
Collections & Credit Control
Commercial Negotiation
ServiceNow
Sage ERP
Advanced Microsoft Excel
Leadership
Timeline
Accounts
BISWAL LIMITED
12.2022 - Current
ACCOUNT PAYABLE SUPERVISOR
BISWAL LIMITED
12.2020 - 01.2021
ACCOUNT RECEIVABLE OFFICER
BISWAL LIMITED
05.2016 - 12.2020
SENIOR AUDIT OFFICER
WEMY INDUSTRIES LIMITED
05.2015 - 04.2016
FRONT DESK OFFICER
DE’RITZ HOTEL
09.2013 - 04.2013
ACCOUNT OFFICER
WEMY INDUSTRIES LIMITED
05.2013 - 11.2015
DIRECT SALES SUPERVISOR
MTN TRADE PARTNER (MCTEE INVESTMENT)
01.2012 - 01.2013
MTN NIGERIA (CONNECT STORE)
01.2011 - 01.2012
General Supervisor/Sales Department
COCA COLA VENTURES
01.2007 - 01.2010
Senior Secondary School Certificate - SSCE
Ikolaba Grammar School
First School Leaving Certificate - undefined
Baptist Primary School
Professional Stage
Institute of Chartered Accountant of Nigeria
B.Sc - Accounting
Olabisi Onabanjo University
Techinical Skills
Microsoft Excel | Microsoft Office | Sage ERP | Sage Pastel | Peachtree | ServiceNow
KEY ACHIEVEMENTS
- Managed over ₦30 billion in Accounts Receivable and Asset Management portfolios.
- Led reconciliation of telecom CAPEX claims exceeding USD 39 million.
- Managed asset reconciliation across conventional and gas solution sites.
- Improved billing accuracy and accelerated collections through contract-driven invoice validation.
- Prepared executive receivable reports supporting strategic cash flow decisions.
Techinical Skills
Microsoft Excel | Microsoft Office | Sage ERP | Sage Pastel | Peachtree | ServiceNow