Sylvester OTAME TAKEH

Financial & cash flows Analyst à AES Sonel

• Cameroun
• Je travaille ici depuis mars 2006

I have direct responsibility for a team of two whose work I supervise and review daily.
• Accurate and timely forecasting of Eneo's Cash flow positions to enable management take corrective actions to boost collections from customers, cut operating costs, re-negotiate contracts with suppliers & other stakeholders whilst securing a sound level of working capital to support future daily operations and respecting lenders covenants. This is achievable within three working days after the OHADA / USGAAP financials have been published.
• Preparation of the Cash flow slides including appropriate explanations of all material variances between the Actual vs. Budgeted, FYF vs. Budget, Actual vs. Prior period, Actual vs. Prior year in the monthly One-On-One Executive Report. This is achievable One day after the forecast have been finalised.
• Preparation & consolidation of Eneo's Activity Based Budget (ABB). This entails working with all the Regional & Department directors (Operational and support services) and their teams, to set their objectives, defining appropriate actions & resources needed to accomplish their objectives, in order to facilitate the decentralization process. This is achievable within three months, usually beginning from mid-August and finalised through mid-November.
• Transforming and translating financial statements prepared in Local GAAP (OHADA) in conformity and compliance with International Financial Reporting Standards (IFRS). These statements are used by foreign lenders to determine if the company is meeting and keeping the key Performance Indicators (KPIs) as contained in the loan covenants. These includes a given Debt to EBITDA ratio to ensure the right financing mix, current ratios to justify an effective working capital management, etc.
• Prepared Income statement, Balance sheet and cash flow forecasts for Dibamba Power Development Company (DPDC) and provide explanations of the key drivers of significant variances.
• Participated in the preparation of the departmental and consolidated budget for the Dibamba Power & Development Company.
• Completion of The Risks & Opportunities template, following up fixed assets acquisition, measurement, recognition, de-recognition, impairments and their impact on cash flows.

As a direct consequence of my interventions in delivering not only what the job requires but also trying to improve performance while maintaining a low cost base, I list below some of my achievements to date: