STERLING TRAVELS AND TOURS LTD,TRAVEL CONSULTANT TO UNILEVER NIGERIA PLC
January 2007 - Present Day (10 years 3 months)
Key Responsibilities as Accountant:
Plan and evaluate all accounting procedures and policies to ensure transactions are efficient/ effective, accounting is accurate and complete.
Managed overall accounting operations including Accounts payables, receivables, monthly reconciliation.Full charge processing of all invoices, accounts receivable and payable
Process Suppliers Invoices, Purchase Orders, L.P.O., and ensure that payment are made as at when due, also follow up receivables from customers/client.
Prepare all financial statements including but not limited to: monthly financial statements, monthly closings, monthly accounts payable, accounts receivable, and monthly cash flow statements. Assist the upper management with formulation of annual budgets.
Prepare & present monthly, quarterly and annual reports, recommend improvements in organization’s accounting and management practices.
Deducting Withholding Tax on invoices and remitting to the relevant Tax Authority
Reconciled bank statements, cash accounts on a monthly basis. Establishing and maintaining Cash Control policy. Prepared year-end schedules for audit.
Analyzed general ledger accounts, processed transfers, maintained record of all fund movements and ensuring all funds are managed properly.
Computing financial ratios by analyzing monthly and yearly financial statements, balance sheet, cash flow statement, aged receivables/ payables listing on a periodic basis.
Planning, arranging and formulating the financial implication of Service Level Agreement for Contract Bidding/Negotiations.
Analyzing key finance performance indicators/trends, such as financial ratios and cross division comparisons which, includes establishing financial benchmarks of acceptable performance and comparing the actual results to budget and initiating corrective actions.
Assist with the Annual Financial Plan, Design, create and implement strategies, best practices and process improvement.
Prepare and Analyze Monthly Budgets Schedules and highlight areas of variances
Monitor Cash Reserves and analyze possible viable areas of investments
Establish customer credit limits and set up credit accounts with vendors. Established new credit criteria for new accounts, significantly reducing bad debt. Create credit policy and procedure manual for department
Analyze Financial Information to produce forecast of business, Industry and Economic conditions for use in making investment decisions.
Interpret data affecting investment programs such as price, yield, stability,future trends in investment risks and economics influences.
Maintain professional knowledge and stay abreast in the field of Business, Finance, Investment and Economic theory.
Audit/Internal Control Responsibilities.
Develop Control policies/procedures within the organization and enforce compliance across units.
Conduct Internal Audit and review of compliance to control policies.
Reviewing and appraising the effectiveness and proper application of Accounting and Financial Control and timeliness of report/document generation.
Highlighting areas of financial weakness in other to prevent fraudulent activities.
Prepare and present to the management Internal Control reports and recommendations.
Corporate/Organizational Interest. -Strengthen operations and sharpen strategic vision
Play a key role in helping other executive leaders understand the implications of strategic choices Deliver high-quality, objective analysis based on facts and communicate them effectively
Understand the critical success factors in integrating processes and systems for strategic planning, budgeting, reporting, and forecasting
Anticipate external market drivers and respond nimbly to market dynamics
Collaborate successfully with all areas of the business concern and its external public
Contribute significantly to the visioning process that drives change in the organization and the economy.
Help to mitigate risk in an uncertain economy and unpredictable marketplace
Play a role in finding and developing the next generation of financial leaders
Think about the operations of the organization in a holistic manner