Head, Account and Finance
NatanelFlorens Limited
مجموع سنوات الخبرة :16 years, 2 أشهر
• Partnership with the sales team on level of budget achievement, new customer segmentation and property acquisition model thus enhancing sales cycle and customer experience
• Drive correct understanding of financial impacts of contracts and pricing, such as margin impact, month-end accruals, revenue recognition and calculation of penalties/shortfalls.
• Identify opportunities to improve returns, including customer pricing adjustments, third party vendor management, and internal cost control policies
• Ensure invoices are issued promptly and that debt-follow up is timely and effective to contribute to cash management requirements
• Responsible for financial and management reporting, budgeting, and cash flow projections and monthly profitability report for management and board consumption.
• Monitor actual performance against budget raise queries; and provide suggestions as appropriate.
• Maintain a good working knowledge of company policies and procedures to ensure regional compliance
• Ensure effective internal controls are in place and ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.
• Cash management, liquidity planning and control.
• Prepared the Bank’s regulatory returns in line with Local Generally Acceptable Accounting Principles and International Financial Reporting Standards.
• Reconciliation of securities, placement and other schedules to general ledger.
• Prepared monthly quarterly and biannual returns and communicated this to dedicated teams in finance and other departments.
• Collated and analyzed data from different sources within the bank and reported on same accordingly.
• Contributed to continuous process development.
• Responded to queries raised by the regulators.
• Advised client on the tax implication of business operations and recommended ways to minimize tax liabilities while remaining within the ambit of tax laws.
• Prepared general ledger account analysis, reconciled and reviewed client’s financial records.
• Performed procedures to obtain evidence on the values in the Financial Statements such as: verification of asset and liabilities, analytical review and vouching of transaction balances.
• Conducted Federal and State compliance review and made appropriate recommendations to Management on how to improve on areas of weaknesses through Management Letter.
• Facilitated activities of tax authorities during tax audit.
• Preparation and review of income tax computations.
• Payroll Management Services.
Department: Tax Auditor - April 2010- June 2013
• Analyzed data, financial records and information pertinent to the audit assignment to enable my team draw logical conclusions about the compliance or noncompliance of the company.
• Prepared audit report, clearly detailing the issues, facts, and the position of the tax payer, including therein my team’s conclusions.
• Led my team by assigning tasks, directing, instructing and reviewing all jobs done by my team members.
• Developed and maintained relationships with clients at operational, senior management and directorial levels.
• Identified potential tax payers and ensure they register for tax purposes.
• Educated and enlightened individuals and corporate bodies on the importance of paying tax.
• Interpreted tax laws and regulations to tax payers.
• Acted as a liaison between the tax payer and the tax stations.
Department: Tax Education and Enlightenment Team July 2009 - March 2010
• Identifying potential tax payers and bringing them into the tax net.
• Educating and enlightening individuals and corporate bodies on the importance of paying tax.
• Filling and collection of tax returns form.
• Collection and remittance of taxes and levies due to Lagos State.
• Effective opening of accounts for customers.
• Giving periodic statements of accounts to customers/or their duly authorized representatives upon request.
• Custodian of customers’ mandate file.
• Efficient maintenance of customers mandates.
• Communicate changes in the banks policies or practices to customers.
• Client Accounts Management Functions
o Preparation of clients’ statement for amounts due on stock or shares bought on NSE
o Posting of payment voucher (cheques) and receipts (bank tellers) into cashbook and management software.
• Accounting Functions
o Management of Company ledgers daybook and cashbook.
o Preparation and processing of staff salary and staff expense vouchers.
• Preparation of returns to Securities Exchange Commission (SEC ), Central Securities Clearing System (CSCS), Nigerian Stock Exchange (NSE).
• Collection and processing of Public Offer Forms for company’s stock and Preparation of Public Offer schedule.
KEY ACHIEVEMENTS
• Transactions are imputed into the system on time leading to timely availability of information needed by other departments.
• Sources documents are accurately prepared and filed.
• Handling of weekly imprest.
• Preparation and posting of petty cash vouchers
• Preparation and processing of invoices
• Client monitoring activities, which includes:
Monitoring of client’s Accounts Payable, Accounts Receivable, Fixed Asset Schedule, Expenditure book and Sales book, etc.
Clients’ visitation and capturing of clients’ revenue and expenses figures.
Stock taking.
Preparation of monthly financial statement and trend analysis.
Preparation of fixed asset schedule