Costing & Budgeting Officer
BMB Foodstuff LLC
Total years of experience :7 years, 9 Months
• Costing of goods manufactured and imported.
• Recommendations for selling prices of goods manufactured and imported for pricing decisions.
• Provision of cost information for exports to other group companies through store transfers.
• Posting cost of sales data, of goods manufactured, into the system for accounts preparation.
• Budget preparation, implementation, variance analysis and reporting.
• Quantitative reconciliation of physical inventory with inventory ledgers and variance reporting.
• Assisting in the finalization of monthly accounts (Preparation of BS Schedules including Bank Reconciliations).
• Maintaining books of accounts & record on daily basis.
• Preparation of final accounts on monthly basis.
• Preparation of management reports on daily, weekly and monthly basis.
• Preparation of quarterly financial performance reports for Board of Directors.
• Management of overall funds requirement and daily cash flows.
• Preparing fixed assets schedule, ageing of debtors & creditors on monthly basis.
• Reconciliation of debtors & creditors accounts on monthly basis
• Preparing bank reconciliations on monthly basis.
• Preparation & reconciliation of accruals & prepayments on monthly basis.
• Supervising monthly inventory counts and preparation of stock valuation & variance report.
• Handling payroll, payments and tax related issues.
• Handling statutory and internal audit.
• Preparation of books of accounts and compilation of financial statements.
• Checking compliance of financial statements with IFRS and statutory requirements.
• Performing financial statement analysis.
• Preparation of management & audit reports.
• Devising job strategy, work planning and finalizing job assignments within stipulated time.
• Relationship & team building, supervision and direction of team members.
• Preparation and presentation of working papers for Quality Control Review.
• Industries in which I got valuable experience of audit and other services include:
Sugar, Textile/Garments, Pharmaceuticals, Food & Beverages, Publications and NPOs.
Acca Finalist
Certified Accounting Technician
Diploma in Business Administration