Mid-level Operations
Zenith Bank Plc
Total years of experience :16 years, 9 Months
Supervised and coordinated branch accounting team and operations staff (3 - 25 persons) in
• preparation of monthly/ad-hoc reports, reconciliation of ledgers and accounts (balance sheet size of over NGN 20 billion), cost accounting (variance analysis), budget controls and financial planning.
• processing of interbank settlements, maintenance of fixed assets registers, prepayments and distribution of shared costs, staff welfare benefits, clients and vendor payment instructions.
• tax assessment and remittance (VAT & WHT), management of clients’ money market portfolio instruments (Call/Fixed and Treasury Bill deposits) and liaising with internal auditors.
• driving cost reductions through budgetary control and planning, Total Quality Management techniques (TQM), overseeing vendor contracts and correct classification of journal entries.
• ensuring optimal quality of service delivery at all times while deputizing as Operations Manager.
Key Contributions:
• Saved employer millions of Naira (over 85% of outstanding liabilities wrongly classified in accounts receivables) in interbank liabilities by singlehandedly reconciling and resolving large accumulated financial transactions in ATM receivables by using Advanced Excel techniques.
• Reduced monthly branch expenditure by 20% through detailed analysis of controllable expenses, negotiation with vendors, and implementation of inventory and consumables control.
• Spearheaded automation of branch accounting processes leading to improved accuracy and speed in reporting (30%) while managing high performance cross-functional teams (3 - 25 people) across finance and operations processes to deliver on exceptional business objectives.
• Managed monthly prepayment, clients' treasury portfolios, staff payroll and welfare benefits processing, tax remittances (WHT, PAYE), and scheduled payments re-engineered processes for quality service assurance.
• Received continuous recognition from executive management (A+ rating) bi-annually for demonstrating strong commitment in financial analysis, reporting and management accounting (cost minimization).
• Led and mentored other team members, evaluated team performance, assessed training needs, and conducted training sessions to improve productivity.