Dynamic Financial Manager with a proven track record at WDC APARTHOTEL, excelling in cash flow optimization and financial reporting accuracy. Adept at implementing cost management strategies and fostering team collaboration, I significantly reduced outstanding accounts receivable while enhancing decision-making through comprehensive financial analysis and reporting. Proficient in MS Excel for data analysis.
Overview
13
13
years of professional experience
12
12
years of post-secondary education
2
2
Languages
Work History
Financial Manager
WDC APARTHOTEL
Buea Cameroon, South West Region
09.2020 - Current
Optimized cash flow management strategies, ensuring sufficient funds were available for daily operations while maximizing returns on idle cash balances. This enabled the hotel to thrive despite the socio-political setbacks faced within the
Enhanced financial reporting accuracy through regular audits and reconciliations, leading to improved decision-making capabilities.
Increased financial efficiency by streamlining budget processes and implementing cost-saving measures.
Prepared comprehensive financial statements for executive review, aiding in effective decision-making processes regarding growth opportunities and resource allocation.
Created and implemented effective accounting systems, best practices, and policies.
Analyzed budgets, financial reports, and projections for accurate reporting of financial standing.
Managed team of 8 finance and operations personnel's, with day-to-day responsibility for contracting, order processing, forecasting, budgeting, reporting and analysis.
Reduced over 70% of outstanding accounts receivable balances by consistently following up on overdue payments and negotiating payment plans with clients.
Contributed to effective hiring process by interviewing applicants and making recommendations for best candidate. This permitted for more committed employees thereby reducing staff turnover.
Negotiated advantageous contract terms with suppliers, resulting in significant cost savings without sacrificing quality or delivery times. With over 90% of supplies negotiated on credit terms of at least 1 month, liquidity is retained for other exigencies within the period, purchase is more timely since it does not depend on cash availability, benefits of huge supplies to cover the period providing very minimal losses due to price fluctuation.
Developed templates for analyzing , reconciling and reporting revenue, expenses, inventory and fixed assets, due to my proficient knowledge in Ms Excel.
Prepared internal and regulatory financial reports, balance sheets and income statements.
Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
Accounting Controller
Cameroon Cooperative Credit Union League Ltd
Bamenda And Yaounde, North West And Central Regions
02.2012 - 08.2020
Routine financial control and accounting assistance to at least 15 credit union affiliates each month.
Mid-year and statutory audits to at least 20 affiliates each year.
Presentation of monthly and annual control/audit reports to Board of Directors and to thousands of members of affiliated credit unions.
Assisted executive leadership in long-term financial planning initiatives such as mergers and acquisitions or capital investments.
Mentored junior accounting staff, fostering professional growth and knowledge sharing within affiliated credit unions. Trained over 500 accountants, cashiers and lending officers within the network.
Ensured 85% compliance with COBAC and CamCCUL network regulations by affiliates.
Assisted with the computerization of financial records into the ALPHA banking software used by affiliates. Over 95% of the credit union affiliates were computerized.
Assisted with loan appraisals and the recovery of delinquent loans thereby significantly reducing the financial losses of affiliates. This led to positive year end financial results, which guaranteed favorable interest rates on members savings of at least 4 FCFA per thousand and a general sustainability of the credit unions.
Assisted with strategic planning, budget reviews and follow-up.
Education
Certificate of Participation - AGRIC BUSINESS FINANCING IN COCOA
GIZ Agric-Business Training
Yaounde Cameroon
09.2019 - 09.2019
Certificate of Participation - GOVERNACE IN MICROFINANCE INSTITUTIONS.
Micro Finance Accademy
Bamenda Cameroon
07.2015 - 07.2015
Higher National Diploma - Accountancy
National Polytechnic
Bamenda Cameroon
10.2008 - 07.2010
Advance Level Certificate - Accountancy
Regina Pacis Technical And Commercial College
Mutengene Cameroon
09.2006 - 06.2007
Ordinary Level Certificate - Accounting
Regina Pacis Technical And Commercial College
Mutengene Camroon
09.2001 - 06.2005
Common Entrance And First School Certificate - Primary School Studies
Government School Bota 1
Limbe Cameroon
09.1994 - 06.2000
Skills
Software
Alpha Banking Software
Hotel Logix
POSIST
Timeline
Financial Manager
WDC APARTHOTEL
09.2020 - Current
Certificate of Participation - AGRIC BUSINESS FINANCING IN COCOA
GIZ Agric-Business Training
09.2019 - 09.2019
Certificate of Participation - GOVERNACE IN MICROFINANCE INSTITUTIONS.
Micro Finance Accademy
07.2015 - 07.2015
Accounting Controller
Cameroon Cooperative Credit Union League Ltd
02.2012 - 08.2020
Higher National Diploma - Accountancy
National Polytechnic
10.2008 - 07.2010
Advance Level Certificate - Accountancy
Regina Pacis Technical And Commercial College
09.2006 - 06.2007
Ordinary Level Certificate - Accounting
Regina Pacis Technical And Commercial College
09.2001 - 06.2005
Common Entrance And First School Certificate - Primary School Studies
Government School Bota 1
09.1994 - 06.2000
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