Accountant
National Oilwell varco
Total years of experience :3 years, 0 Months
• Responsible for different product services management accounts.
• Supported the delivery of statutory accounting and other external reporting requirements for several companies in accordance with company’s established best practices using US GAAP, UK GAAP and IFRS.
• Prepared monthly management accounting report/support to country managers and profit center.
• Ensure accuracy, completeness and compliance with corporate requirements.
• Prepares, examines and analyzes accounting records and financial statements to assess accuracy, completeness and conformance to reporting and procedural standards.
• Analyzes business operations to project future revenues and expenses.
• Performs statistical analyses to determine trends, estimates and significant financial shifts/changes.
• Reviews, investigates and corrects errors and inconsistencies in financial entries, documents and reports.
• Review purchasing, petty cash and personal claims.
• Analyze, reconcile, balance and maintain accounting records.
• Produced and maintained annual business plan and quarterly forecast through liaison with Country Managers and Profit Centre Managers using AX & DACESSY for all product lines. Reviewed results against the plan, budget and forecast, prepare commentary and variance analysis.
• Process complex invoices for payment.
• Maintain updated vendor files and file numbers.
• Maintain the general ledger.
• Reviewed Bill and Hold Transactions for revenue recognition and obtain appropriate approval in accordance with company’s best practices policy. Proactively identify issues that may have an impact on the financial results.
• Prepared monthly income tax including local and expatriates. Liaise with Ernest Young incorporations (EY) to file corporate tax return and payment, file VAT return on monthly basis and agreed PAYE with Government agencies.
• Prepared spreadsheet models when required to perform impairment review on account receivables and post reserves as required.
• Produced reconciliations and schedules to support Balance sheet in line with SOX Act.
• Ensured procedures, processes, and financial controls are applied and adhered to. Maintained journal integrity, reviewed necessary adjustment, accruals and deferred income.
• Reviewed Master Service Agreement (MSA) NOV and other multinational company, worked out modalities on letter of credit for AR, advice on revenue recognition for deferred income through monitoring of level of inventory, monitor of AR with different clients, and other ancillary duties regarding the Joint Venture.
• Co-ordinate external audits by providing accurate information for consolidation, answering auditor's queries, review of statutory account & Participate in internal audits (Group).
• Audit and book purchase order/Non Purchase order invoices.
Olabisi Onabanjo university: Bachelor Science Accounting, Second Class (Honours) Upper Division. G.P.A 3.56. Yaba college of technology: National diploma Accounting, Upper Credit. G.P.A 3.65.