Finance Business Partner
Honeywell Flour Mills Plc
Total years of experience :7 years, 11 Months
Achievements:
Developed a Financial Model that tracked both regional profitability and customer profitability of the Company's B2C products with 14 SKU's.
Improved on Marketing Spend budget monitoring and payable tracking; saving the company budget over-run and loss of cash.
Organised for 2 years successful budget sessions of the company, where the top management team meet on the budget.
Responsibilities:
Supporting the management with financial analysis to facilitate strategic financial decisions;
Preparing, analysing, and interpreting value chain data for the company's products to aid effective products portfolio management;
Collaborating with my team to produce the company's monthly management and annual accounts and management review deck;
Liaising with the External Auditors on Statutory External Audit exercise of the Company; Acts as liaison between the business units (Sales and Marketing, Supply Chain and Human Resources) and the Finance Department on all financial related matters;
Proffering analytical support to the management in the development of operating plans to achieve volume and profit objectives;
Monitoring and tracking cost centres’ budgets for control purpose and providing accurate and timely progress reports on same;
Supporting the planning and budgeting process of the company to achieve its goals and objectives;
Collaborating in developing business proposals for evaluating the viability and risk exposures of proposed investment projects of the company
Ensuring the business units processes and transactions meet the company’s internal control
requirements, policies and procedures in line with the company’s quality policy, and the requirements of ISO 9001: 2015 QMS;
And handled other works as assigned by superiors.
Achievements:
- My timely reporting and compliant with relevant standards enabled the company to avoid penalty payments to regulators, thereby reducing its administrative costs.
- I developed financial forecasts which facilitated the company’s access to long-term finances.
- I improved the company’s interim financial statements to be more detailed and acceptable.
Responsibilities:
- Worked as Financial Reporting Officer
- Prepared and filled the company's interim financial statements to the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC)
- Related with external auditors on company's statutory audit exercise and Annual Reports.
- Worked with tax consultants and related with tax authorities on tax related matters - VAT, WTH, CIT, PAYE
- Collaborated with the finance team to prepare monthly management accounts
- Handled Fixed Assets Register
- Prepared the Company's Master Budget and financial forecasts
- Worked on payables and receivables
- Related with reporting accountant on capital raising issues
- Engaged with the Company Secretary on issues of common interests
- Handled other assigned tasks of urgent attention
Tony O. Elumelu Prize for Excellence as the Best graduating Student. Grounded in Financial Management, Islamic Finance, Organisation Psychology and Marketing Stratey, Thesis: Corporate Governance and Organisational Performance (A Case Study of United Bank of Africa Plc)