Summary
Overview
Work history
Education
Skills
Accomplishments
Affiliations
Interests
Additional Information
Languages
Timeline
Generic

Ubakeyen Precious M UDOKANG

Accountant
Rumuodara, Port Harcourt,Nigeria

Summary

Personal Profile Ambitious, dedicated and disciplined business leader and financial champion, utilizes a proactive approach to overcome hindrances and implement prudent financial management. A result driven, self-motivated and resourceful chartered Accountant with a proven ability to provide key financial data, support and reporting to assist in key business decisions. Having excellent communication skills and able to build strong relationship both within and outside of a finance department as well as effectively communicating financial information to non-finance colleagues. Possessing strong financial control and reporting skills and rigorously ensuring that all statutory and corporate obligations are complied with. Ubakeyen precious Udokang has over 20 years' experience in financial control & compliance, financial reporting, audit & accounting, risk management and tax administration. Currently looking for a suitable position that offers variety and also opportunities to develop both personally and professionally.

Overview

31
31
years of professional experience

Work history

Senior Partner/Lead Client Manager

EDO EKERE & CO (Chartered Accountants)
Port Harcourt, Rivers State, Nigeria
01.2023 - Current
  • Investigate complaints thoroughly to deliver positive customer outcomes.
  • Build customer loyalty by actioning feedback for enhanced service provisions.
  • Keep records of all contact with clients using CRM system.
  • Present feedback findings to staff for increased understanding of service strengths and weaknesses.
  • Provide relevant auditing and accounting knowledge to ensure audit teams deliver professional, timely, relevant audit details in a clear and concise format and in conformance with standard auditing procedures. Continuously review performance of audit team and resolve discrepancies.
  • Overseeing all financial audits of the firm.
  • Finding and retaining clients.
  • Managing one or multiple client relationships, and performing client audits as needed

Head of Finance, Account

Bollore Oil & Gas Services (NIG) Limited, Bollore Logistics
Port Harcourt, Nigeria
11.2013 - 12.2022
  • Manage the finance function for the whole subsidiary, providing commercial and operational support to the General Manager and the Group Finance Director
  • Management of the accounting teams in the subsidiary and oversight of the group accounting teams
  • Compile and present detailed monthly, quarterly reports for Senior Management perusal and act as the focal point in preparing month & year-end
  • Key member of the leadership team, administering all accounting functions for the subsidiary
  • Manage a 15-person team, encouraging personal and professional development of the culturally diverse department
  • Devised and deployed multiple cost-savings initiatives to save cost and boost overall profitability
  • Tax administration, including preparing annual corporate tax returns and employee taxation documentation
  • Full responsibility for managing Year-end Account Audit with external Auditors;
  • Interfacing with external agencies like FIRS, RIRS, External Auditors, Company Consultants, etc.;
  • Provides strategic lead to the finance team to ensure it provides full support to the business
  • Quarterly Performance Development Review for key Finance and operational staff
  • Monitor cost control measure installed and ensure effectiveness and efficiency
  • Treasury management and corporate funds administration for the subsidiary
  • Assisted budget holders to better understand and manage financial information to their advantage.
  • Produced high quality year-end statutory accounts for [Number] subsidiaries.
  • Authorised [Number] payments daily in line with [Type] procedures.
  • Managed daily running of finance team and execution of budget governance activities in large corporate business since [Year].
  • Led finance team to compile key insights from detailed financial forecasts, departmental budgets and monthly variance analysis.
  • Reviewed key accounts annually with close attention to bank and cash balances, VAT and debtor ageing.
  • Conducted internal audit reviews annually to monitor and improve financial effectiveness of current systems and controls.
  • Prepared quarterly VAT return using Sage, ensuring full compliance to internal and external rules and regulations.
  • Oversaw accurate and detailed recording of revenues and expenditure in team of 10 for 9 years.
  • Challenged and supported management team to implement strategic cost control and revenue generation initiatives across business.
  • Oversaw accurate and detailed recording of revenues and expenditure in team of 10 for 9 years.
  • Ensured business continuity plans were in place and up-to-date by developing Risk Management and Contingency plan.
  • Oversaw accurate and detailed recording of revenues and expenditure.
  • Oversaw accurate and detailed recording of revenues and expenditure in team of 10 for 9 years.


Cost Control Manager

Bollore Transport & Logistics Nigeria Limited
01.2006 - 10.2013

Assistant Manager

08.2004 - 01.2006
  • Cost Management, Control & Financial Reporting through
  • Providing accurate and timely management information for effective management decision-making
  • Efficient resource allocation and control
  • Coordination of budget preparation, analysis, monitoring and control
  • Investigation and analysis of variances
  • Review/analyze Nigeria Group entity & departmental actual and forecast result
  • Prepare monthly reports and flash for Nigeria Group activities
  • Prepare monthly and periodic reports presentations to top management summarizing result against budget
  • Document the overall Nigeria Group entity's expense process and establish and reports on improvement matrices for the entity's expense function
  • Develop financial reports for forecasting, trending and result analysis
  • Preparation of various Cost Control reports
  • Essbase, Safari, Gross margin, volume statistics etc
  • Production of Financial and Management report and Plans, Fixed Assets Analysis,
  • Investment Analysis etc
  • Coordinate the codification, tracking and accounting for the company's contractual obligations including royalties, rebates and commission plans
  • Liaise with credit control section to ensure effective management of the financial reporting of the company's debt, ensuring obligations are properly recorded in the financial statements' and all required payments are made timely and accurately
  • Responsible for all general ledger reconciliations and coordination of all related transactions with affected parties
  • Coordinate the review and analysis of the financial statement with credit Control,
  • Suppliers section, Terminal handling and tax & Audit units
  • Oversee Internal Invoicing, validate transactions and provide any necessary reporting and analysis
  • Responsible for all general ledger modifications, related Essbase reporting modifications and maintenance of Essbase database of reports
  • Coordinate activities for the month end close process including reconciliations, standing charges updates and analytical reviews
  • Coordinate Intercompany activity with various entities, both domestic and
  • International.

Accountant

Dredging International Nigeria Limited
Harcourt
10.2003 - 07.2004
  • Invoice Administration & Credit Control
  • Stock Management & Control
  • Bookkeeping & Documentation
  • Assist with month end closing process by providing support in the areas of accounts analysis, journal entry preparation and posting to the general ledger
  • Prepare and distribute periodic reports as required
  • Analyze, verify and post transactions to journals, ledgers and other records
  • Review posted transactions and prepare correcting accounting entries as needed
  • Manage all applicable accounts reconciliations and ensure completion in accordance with company defined schedules
  • Assist in the preparation of information for annual and interim audits
  • Assist in the preparation of certain information for annual budgets and periodic forecasts throughout the fiscal year.

Controller

BNL Construction (NIG) Ltd, Bouygues Nigeria Limited
03.2001 - 08.2003
  • Obtain all necessary approval on Purchase request, supplier vouchers,
  • Subcontractors Valuations, Sundry expenses before dispatching to Head
  • Office Accounts department for payment
  • Verify accuracy of Suppliers invoices amounts (Quantities and unit prices)
  • Signing and allocation of all commitments to appropriate Cost Codes
  • Posting of all commitments into VALO ( Cost control package)
  • Daily follow up of materials delivery
  • Reconcile Valo with analytic ledger from Accounts dept
  • Raise internal invoices where necessary
  • Prepare equipment follow up monthly and verify charges from Plant department with site daily usage records Administration of sub-contractors
  • Valuation
  • Prepare Interim Payment Certificates to all Subcontractors in compliance with contractual terms
  • Prepare monthly staff cost follow up essentially to split costs and man hours into appropriate categories as Management, Supervision, Running Cost,
  • Direct Labour and Indirect Labour
  • Prepare Monthly follow up of Expatiates and Nigerian Managers Costs
  • Prepare Monthly follow up of Running Costs, Installation Costs, Consumables, and Fees
  • Daily follow up of Store issue vouchers
  • Prepare monthly stock report for direct materials - Cement, Sand, Granite and Indirect materials: Equipment, small tools
  • Prepare Monthly cost control report to Management and hold meetings with the Finance Director and
  • Managing Director
  • Prepare Subcontractors follow up with payment progress, contracts signed, and addenda per contract, retention and advance payment status.

Accounts Officer

Lamnalco Nigeria Limited
03.1995 - 08.1999
  • Bookkeeping & Documentation
  • Invoice Administration & Control
  • Stock Management & Control
  • Cash & Treasury Administration & Management
  • Payroll Administration
  • Taxes (VAT, PAYE, WHT etc) Administration & statutory Reports'
  • Preparation of Audit Schedule for external audit

Staff Assistant

OtoAbasi Akpantah & Co
11.1992 - 03.1995
  • Audit and investigation, design and installation of accounting, costing and internal control systems, feasibility study and reporting
  • Preparation of cash flow statements,
  • Tax management and advisory services
  • Assist with the preparation of financial statements for both internal and external stakeholders and ensure compliance with GAAP and requirements of Federal
  • Inland Revenue Service (FIRS) as appropriate

Education

First School Leaving Certificate (FSLC -

Ibesit Central School, Akwa Ibom State

West African Examination Council/General Certificate of Education (WAEC/GCE - undefined

QIC Secondary School, Akwa Ibom

Higher National Diploma (HND) - Accountancy

Polytechnic, University of Cross Rivers, State

Certificate in Data processing - undefined

Nigerian - undefined

Institute of Safety Professionals

International Consulting Services (ICS) - undefined

South Gate Center

Certificate in Internal Quality Auditing (ISO 9001 - undefined

2000

International Executive MBA (MBA) - International Business

PARIS Graduate School of Management

Diploma (PGD) - Theology

Redeemed Christian Bible College

Skills

  • General Skill Set
  • Ability to combine strong business reporting acumen with effective management skills
  • A sound understanding of the month end process
  • Ability to thrive within a fast-paced business environment
  • Organized with excellent attention to details
  • An in-depth understanding of finance, accounting, budgeting, and Cost Control principles
  • Including Generally Accepted Accounting Principles Familiarity with International Financial
  • Reporting Standards (IFRS)
  • Detailed understanding of the daily financial and accounting operations with a strong sense
  • Of urgency
  • Experience with automated financial, accounting and reporting systems Proficient in the
  • Use of Microsoft office packages and special accounting packages such as: Sage Sovereign,
  • Quick Book PRO, Peach Tree, DAC Easy, AS400 (GESCOM, IRIS Finance), VALO NT etc
  • Ability to analyze financial data and prepare financial reports, statements and projections
  • Excellent professional written and verbal communication and interpersonal skills
  • Ability to handle multiple tasks and priorities in a fast-paced and result driven environment
  • Ability to develop sound financial strategy and the introduction of comprehensive financial

Accomplishments

  • Certifications & Boards
  • Institute of Leadership, Manpower & Management Development:
  • Distinguished Fellow & Honorary Doctorate (Doctorate Honoris Causa) in
  • Leadership & Financial Management
  • July 23rd, 2022
  • Executive Master's Certificate in Project Management, October 2018.

Affiliations

PNEUMA PROJECT EXPERTS (member of Project Management Institute, PMI, USA,) Fellow Member, (FCA). April 2011. The Institute of Chartered Accountant of Nigeria (ICAN). Inducted as Associate in 2000. Fellow Member, (FCTI). Chartered Institute of Taxation of Nigeria (CITN) November 2016. Inducted as Associate November 2008. Certified Forensic Accountant, Nigeria (CFA) May 2012 Member, Nigerian Institute of Management (MNIM) March 2011 Associate Member, Association of Certified Fraud Examiners (ACFE) USA, August 2010 Chartered Institute of Professional Financial Managers (CIPFM) Fellow Chartered Institute of Professional Financial Managers (FCFM) USA

Interests

Hobbies: , Sports, Classical Music, Stage Performance and Reading.

Additional Information

  • controls including systems control, monitoring, analysis and reconciliation. Tax administration & statutory reports Audit and investigation, design and installation of accounting, costing and internal control systems, feasibility study and reporting. Preparation of cash flow statements, tax management and advisory services Application of a working knowledge of applicable laws and regulations; verification of documents for completeness and compliance with government and private agencies Ability to set up and administer accounting, financial and asset administration systems, policies and control Establishment, designing of documentations, training and supervision of the operations of central purchasing Department. Ability to supervise accounting software installations and training

Languages

English
Fluent

Timeline

Senior Partner/Lead Client Manager

EDO EKERE & CO (Chartered Accountants)
01.2023 - Current

Head of Finance, Account

Bollore Oil & Gas Services (NIG) Limited, Bollore Logistics
11.2013 - 12.2022

Cost Control Manager

Bollore Transport & Logistics Nigeria Limited
01.2006 - 10.2013

Assistant Manager

08.2004 - 01.2006

Accountant

Dredging International Nigeria Limited
10.2003 - 07.2004

Controller

BNL Construction (NIG) Ltd, Bouygues Nigeria Limited
03.2001 - 08.2003

Accounts Officer

Lamnalco Nigeria Limited
03.1995 - 08.1999

Staff Assistant

OtoAbasi Akpantah & Co
11.1992 - 03.1995

First School Leaving Certificate (FSLC -

Ibesit Central School, Akwa Ibom State

West African Examination Council/General Certificate of Education (WAEC/GCE - undefined

QIC Secondary School, Akwa Ibom

Higher National Diploma (HND) - Accountancy

Polytechnic, University of Cross Rivers, State

Certificate in Data processing - undefined

Nigerian - undefined

Institute of Safety Professionals

International Consulting Services (ICS) - undefined

South Gate Center

Certificate in Internal Quality Auditing (ISO 9001 - undefined

International Executive MBA (MBA) - International Business

PARIS Graduate School of Management

Diploma (PGD) - Theology

Redeemed Christian Bible College
Ubakeyen Precious M UDOKANGAccountant