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ABOLADE
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Chief financial officer 700 000
Job Type: Full-Time

Education

From 0 to 1999
Obafemi Awolowo University, Ile-Ife, Osun State
No added languages

Experience

GROUP FINANCIAL CONTROLLER
JAGAL GROUP LTD (HEADQUARTERS), LAGOS
January 2012 - Present Day (5 years 4 months)
  • Prepare monthly management reports and gather the required information to explain the variances between actual and outlook.
  • Driving the organization’s annual operating planning process for all budget holders utilizing SAP.
  • Managing the organizational overhead cost controlling process in SAP.
  • Ensuring proper project cost controlling practices and performance reporting from SAP.
  • Managing the Financial closure process (Monthly and Yearly) in SAP.
  • Delivering management accounting reports (cost, profitability etc) utilizing SAP
  • Create, coordinate, and evaluate the financial programs and supporting information systems of the company to include budgeting, tax planning, real estate, and conservation of assets.
  • Management of the organization’s cash flow planning and liquidity analysis in SAP
  • Approve and coordinate changes and improvements in automated financial and management information systems for the company.
  • Ensure compliance with local, state, and federal budgetary reporting requirements.
  • Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger, and account maintenance and data entry.
  • Coordinate the preparation of financial statements, financial reports, special analyses, and information reports.
  • Develop and implement finance, accounting, billing, and auditing procedures.
  • Establish and maintain appropriate internal control safeguards.
  • Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
  • Ensure records systems are maintained in accordance with generally accepted auditing standards.
  • Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.
  • Assist in obtaining the necessary licenses and insurance required to start a business.
  • Analyze cash flow, cost controls, and expenses to guide business leaders. Analyze financial statements to pinpoint potential weak areas.
  • Management of all Tax matters.
  • Monthly project and organizational performance reporting available by 3rd working day of new month
  • Financial close concluded by 3rd working day of new month.
  • Management and financial reports available by 5th working day of every month
  • Management of the organization’s bank accounts and banking relationships, ensuring that these relationships are of benefit to the organization.
  • Responsible for vendor invoice processing and outgoing payments
  • Examine and analyze financial information to determine financial status / risks and prepares financial reports
  • Analysis of Group Financial statement in terms of sales, costs, expenses and tax rates to determine Group value and to project its future earnings.
  • Guide the company in selecting the right mix for investment Portfolio.
  • Keeping abreast of new regulations or policies that may affect the Group’s investment and monitoring the economy to determine its effect on earnings.
  • Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
  • Serve on planning and policy-making committees, and participate in special projects as required
  • Oversee financial management of foreign operations to include developing financial and budget policies and procedures.
  • Represent the company externally to media, government agencies, funding agencies, and the general public.
  • Providing technical and administrative support in executing the financial management strategies.
  • Integration of operational and financial measures aimed at efficiency, growth and profitability.
  • Ensures the availability of complete, accurate and timely, financial and management accounting information for all stakeholders.