Senior West and Central Africa Accountant
Phoenix Commodities LTD
Total des années d'expérience :5 years, 7 Mois
August- 2013-To Date • Ensuring that accounts are maintained as per management requirement & local law.
• Maintain the sales Ledger and Analysis month by month sales volume and turnover.
• Credit Analysis. • Weekly/Monthly Market reporting. Financial Statements Analysis.
• Fixed Asset Reporting and Depreciation.
• Ensure accurate recording /entries of all the transaction
(Purchase/Sales/Receipts/payment/Expenses) in books of accounts.
• Reconciliation of Vendor & Customer accounts in a timely manner.
• Managing of Inventory and putting system in place to control (Online Commodities
System-OCS)
• Prepares daily and monthly financial information for management.
• Prepares financial statements in accordance to IFRS and IAS.
• Chair the development of sound system of internal control to enhance the control
environment.
• Daily Reporting for Sales/AR/ AP/Stock/Cash & Bank/Working Capital (Critical Analysis)
• Monthly Closing of Books of accounts
• Prepare monthly analysis on the performance of assigned businesses (Revenue, Gross
margin & expenses)
• Assist in budget preparation as well as forecasts.
• Review system generated reports to ensure accuracy and compliance with accounting
standards and company's policies and procedures for processes.
• Controlling statutory compliance as per local rules and regulations.
• Liaison with Banks, Auditor and Govt. Authorities.
• Reconcile, resolve reconciling items, and monitor trade AR and employee accounts.
• Performing annual closing, finalizing the books and completing audit of company
• Accountable for reconciliation of monthly provisions vs. actual expenses booked.
• Verification and consolidation of accounts databases.
• The lead reference point on all financial matters which includes formulating financial
strategic direction and supporting the country director to assess the implication, financial issues in the short and long-term: • Coordinate all budgeting activities according to VSO guidance and through the participatory involvement of managers, ensure that that programme office and project budgets are harmonised and are effectively monitored and managed to raise efficiency
Overseas (VSO), in the use of both VSO core and external funding
Cameroon Program
Office, • Analyse monthly financial management reports and advise the country director and
Yaoundé. other members of the management team on any variances in expenditure and, where
appropriate income:
• Formulates strong financial requirements for individual project grants, and provide
expert advice and support to managers on setting implementation, monitoring and management of project budgets and financial reporting in accordance with agreed
funding terms and expenditure plans, As part of this, ensure that the finance team
prepares high quality financial reports for the relevant manager in line with agreed
schedule.
• Within VSO guidelines and working in collaboration with the Quality control manager and the Geographic managers to ensure joined-up and complementary administrative,
logistical and financial systems, periodically review and develop financial systems and procedures as necessary to enable the smooth effective and efficient running of the
office.
• Contributing to the strategic development of the administrative and logistics function,
leading its implementation and ensuring standards, policies, procedures and practices
are consistent across all programme areas.
• Ensuring a strong system of internal control is put in to place, for tracking down of important audit documents.
• Established both administrative and Finance tool kits. Such as bank, Payroll and cash
reconciliation forms, payments, receipts, transfers forms etc..
• Reviewed and maintained up-to-date data in the SUN accounting system for all
financial transactions - payments and receipts, in-country transfers, Head office
transfer analyses, journal entries and reversals, salaries and petty cash voucher
• Produced month-end financial analysis reports, critical checks of all journals
• Performed evaluation procedures, exporting financial data to head office in UK.
• Carry out exchange rate analysis and produced reports, reconciling Head Office
financial files (UK) with those of the Cameroon program office.
• Conducts budget analysis and forecasting, reviewing the budget design for each activity to ascertain the spending status. Providing monthly and Quarterly variance analyses by comparing planned and actual expenditures.
• Ensure that appropriate systems and procedures are in place to enable the smooth,
cost-effective and efficient running of the office, and be complementary to finance
systems and procedures.
• Conduct critical analysis, ensuring that all expenditures are properly coded.
• Developed budget preparation procedures for various programs and the entire
organisation.
• Providing in depth advice and direction to programme managers on the implementation, monitoring and management of projects budget and financial
reporting in accordance with agreed funding terms and expenditure plans.
• Recently, trained all Geographic managers on the principles of accounting and administration. Especially on how to use the SUN 5 accounting system.
• Line manages the Finance assistance, logistic coordinator and driver.
June - Sept. 2011 • Provided a critical cost-of-living analysis based on data collected from various shops and businesses as well as large companies in Yaoundé. (i.e.Mahima, Casino, etc.)
Consultant,
South African Relocation • Provide an in-depth analysis of the Cameroon Business environment to international
Company (Part-time) Business Expatriates and advice on wealth while investment options.
July 2009-Dec2009 • Carried out Salary Benchmarking Survey for BHC.
Accounting Consultant • Obtained salary information and data from multiple embassies and international
@ organisations to benchmark with that of the BHC, and to produce a robust, up-to-date,
British High Commission competitive salary and benefits scale - comparative to embassies of the U.S.A.,
(BHC), Germany and Holland, and to the European Union, UNDP, WHO, UNICEF, World Bank,
Yaoundé (Contract) GTZ, SNV, and VSO
• Accomplishment: A report that sparked a radical change in the salary scale, that
restored employee confidence and job satisfaction to a high degree
• Established a Complete Payroll package design for three years.
• Conducted carbon accounting -calculated the carbon footprint of the BHC and assessed
its environmental impact - a significant step in meeting the Foreign and
Commonwealth greening policy -hence its corporate social responsibility
• Designed and implemented the BHC's first manual Environmental Management
Accounting System (EMAS), and delivered a presentation to the BHC Management
board..
Jan. 2008-June.2009 • As Taxation Lecturer and Accountant, taught and worked in areas of: Income tax,
National insurance contribution, Capital gain tax, Corporation tax, VAT
Taxation Lecturer, • As Performance Measurement Lecturer, taught areas of: Cost behaviour; Valuing of
Performance inventory using EOQ, JIT, and FIFO; Marginal and Absorption costing, Activity Base
Measurement Lecturer, Costing (ABC); Job, Batch, Service, and process costing; Standard costing and variance and Accountant reporting; Pricing; Procurement; Relevant costing and decision making; Budgeting and
@ forecast; TQM; Balance core card (financial and non- financial performance measures);
Centre for Business and Hard core variance analysis; Performance evaluation and reporting
Accounting Training -
Buea. • Carried out financial management: Prepared consolidated group accounts base according to international financial reporting standards (IFRS); Analysed financial
statements and pinpointed problem areas.
July 2008 - Sept.2008 • Gained practical knowledge on the treatment of Research and
Intern Development (R&D) costs, recording and tracking of fixed assets, invoices, taxation,
@ budgeting, treasury and bank reconciliations, and the use and functioning of accounting systems (SAGE 100)
AES SONEL
Headquarters,
Douala
Jan.- June 2007 ACCA Professional Certificate in International Accounting (Part One)
1999-2006 GCE: Ordinary and Advance Levels from Government Bilingual High School-Bamessing (GBHS) • A/L (Economics-B, Mathematics-C, Geography-D and Religion-E)