A naturally diligent and detail focused finance professional who possesses broad software knowledge, advanced numerical and analytical skills, Accounting and a sound financial analyst when it comes to data modelling with over 9 years of active work experience in Accounting/Audit firms and Non-Bank Financial Institutions.
Overview
11
11
years of professional experience
Work History
Finance Lead/Treasury
The Vibe Hospitality Company Limited
12.2020 - Current
I championed the implementation of an effective accounting software which improved the turnaround time for Management report and other report deliverables
I championed the book keeping of the company’s account from scratch as a start-up company and I was able to build the company s balance sheet size up to 1.3b
I worked on special project with the CEO from setting up new policies /procedures for the company to opening one more branch with a balance sheet size of 700m in 2 months of operations
I championed the revenue growth from 4oom first year to 1.7b whilst reducing the total operating and overhead cost
I strengthened and enforce a good internal control and introduced the whistle blowing policy.
Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
Developed strategic plans for day-to-day financial operations.
Improved overall financial reporting by streamlining control processes and reporting structures.
Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Prepared internal and regulatory financial reports, balance sheets and income statements.
Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
Mentored junior staff members on finance best practices, fostering a culture of continuous learning and development.
Spearheaded process improvements within the finance department, driving increased productivity levels among team members.
Managed a team of finance professionals, ensuring accurate reporting and compliance with regulations.
Successfully negotiated contracts with vendors, resulting in cost savings and improved terms.
Improved financial efficiency by streamlining processes and implementing cost-saving measures.
Oversaw the preparation of financial statements, ensuring accuracy and timely submission to stakeholders.
Collecting, interpreting and reviewing financial information
Ensure accurate and prompt reporting of revenue and cost of sales
Monitor and report on key performance indicators
Review of audited statement, SOFP, Cash flow etc
Review and analyse non-financial information/Data
Ensure correct reporting of revenue by Enterprise Data Warehouse (EDW)
Predicting future financial trends
Producing financial report related to Budget, account payables, account receivables and expenses
Reviewing, Monitoring and managing the company’s budget
Review monthly bank account reconciliations, general ledger account detailing asset and liabilities
Preparing the management account and report which encompasses the financial statement, business activity report and forecast
Help Management make financial decisions
Monitor financial details to ensure that legal requirement are met
Handles the payroll schedule.
Accountant/treasury
RenMoney Mfb Limited
01.2016 - 01.2017
Ensure payment of customer deposit and interest in a timely manner
Ensures Deposit weekly figures/report are available for Management performance report (MPR)
Reconciliation between prior day’s schedule and current schedule detailing transactions
Reconciliation between GL (Mambu) and schedule on a daily basis
Preparation of Asset and Liability committee report (ALCO) for management weekly liquidity meetings
Preparation of investment certificate for deposit customers and investors
Posting and booking of cash inflows into Mambu
Reconciliation of total weekly cash flows
Preparation and analysis of pipes with their expected flows and actual deposit with their achievement
Daily monitoring of cash flows into our active bank account
Preparation of bank balances and bank statement
Processing of invoices for payment
Preparation and filing of VAT, WHT, PAYE and PENSION
Monthly casting of the Financial Statement
Reconciliation and posting of financial entries
Liability Generation Audit Personnel for External Auditors
Regular update/ Review for deposit budget for the year
General budget update to the deposit team members
Preparation of deposit schedule
Expense report / Payment transactions
Timeliness in managing disbursement functions to bank customers and employees
Ensures across board accuracy of data for marketing and management meetings.
Deposit Administrator/Finance Associate
RenMoney Mfb Limited
01.2015 - 01.2016
Processing of invoices for payment/ Petty Cash
Raising Bank Transfer instructions for active cash movement
Account payable and receivables
Cash Management
Posting to and from Ledgers
Monitoring postings into accounting software’s (Mambu & T24)
Liaising with various banks for transfer instructions and fund Movement
Liaising with various banks for interest rate for our excess fund deposit
Consistent monitoring of cash into our various bank accounts
Daily and monthly account reconciliation with the operations team members
Vendor Negotiations / management
Oversee office disbursement and payment supplies.
Audit trainee
S.S. Afemikhe Consulting (Audit Firm)
01.2014 - 01.2015
Verify the correctness and completeness of information’s and records
Ensures all figures and postings are correctly recorded and in the correct file
Verification of Petroleum Product report (PPR)
Stock taking of PMS and DPK
Prepare detailed report for the verification of imported product for payment of subsidy to petroleum product marketers
Collecting and analysing data to detect deficient control, duplicated effort and fraud
Ensures PPR & Information’s are available for verification purposes
Maintained comprehensive paper and computer filing systems.
Education
Mini MBA (Current) -
Tekedia Institue (T.I)
Boston, United State
B.Sc. Accounting - undefined
Ambrose Alli University (AAU)
Ekpoma, Edo State
Diploma in Banking/Finance (DBF) - undefined
University of Benin
Benin City, Edo State
National Examination council (NECO) - undefined
Ohis Secondary School
Benin City, Edo State
First School Leaving certificate (FSLC) - undefined
Paragon Nursery and Primary School
Benin City, Edo State
Financial Modelling and Valuation Analyst (FMVA, CFI) - undefined
Institute of Chartered Accountants of Nigeria (ICAN) – ACA - undefined
Corporate Finance Institute (CFI) - undefined
Skills
Good inter-personal skills with the ability to work in a teamundefined
Skills Core Competence
Proficiency in Microsoft office packages – Excel, PowerPoint, and Word
Proficiency in Financial Reporting and Complex Financial Data Analysis
Proficiency in Treasury reporting and Account Payables.
Proven track record of accurately coordinating meetings and multitasking within fast-paced environments.
In-depth knowledge of accounting regulations and standards
Strong team orientation and demonstrated ability to work effectively with team members in multiple groups.
Outstanding interpersonal, leadership, and organizational skills; thrive within detail-oriented, deadline driven environments.
Accounting Exposures
Vast in the use of Double Entry Principle to achieve a proper daily record keeping Of Business Financial Transactions, Posting to and from Ledgers (Assets, Liabilities, Incomes and Expenses Classification).
Very conversant with the Nigerian legislations on VAT, Withholding Tax, Company Income Tax, PAYE, .etc.
Preparation of Profit and Loss Account/Income Statement, Statement of Financial Position.
Ability to apply IFRS for Companies’ Financial Reporting/ Corporate Reporting.
Ability to carry out reconciliation by preparing Bank Reconciliation statement (BRS).
Ability to apply IFRS 15 (Revenue from contract with customers) which is mandatory for annual reporting periods.
Professional Trainings Certifications
Business intelligence and Data Analyst - Corporate finance institute (CFI) full course
Financial planning/Wealth management (FPWM)
Complete Finance Manager course (CFMC) on Udemy Business
Key Account Manager at VIBE INSURANCE BROKING AND ADVISORY SERVICE PRIVATE LIMITEDKey Account Manager at VIBE INSURANCE BROKING AND ADVISORY SERVICE PRIVATE LIMITED
Program Manager at Vibe Media Group | Martechvibe | MIT Sloan Management Review ME & India | Fast Company MEProgram Manager at Vibe Media Group | Martechvibe | MIT Sloan Management Review ME & India | Fast Company ME
NA at Dameba Company Limited, Display and Bargain Company Limited
Quizno’s Restaurant Company Limited
Soft Company Limited, Courtesy International HotelNA at Dameba Company Limited, Display and Bargain Company Limited
Quizno’s Restaurant Company Limited
Soft Company Limited, Courtesy International Hotel