Financial Control Group (Finance Assistant)
Review of GL balances and makes valid recommendations in the assistance of preparing monthly performance and accounting profitability reports.
Managed the branch general ledgers ensuring proper classification of entries (assets and liabilities) and maintained the integrity of entries on a daily basis.
Weekly and Monthly Interest Expense /Income Rationalization.
Review daily cash injections for Fixed Income, dividend settlements, stock sales and Mutual Funds to bank receipts and report exceptions to the respective unit heads.
Assisting the Financial Controller in preparing and collating MPR, APR and ALCO reports thus management making strategic decisions.
Developed and implemented new cost control procedures that resulted in a N3M decrease of operating expenses (OPEX).
Ensured Compliance with all statutory deductions and remittances (WHT, VAT, PAYE AND NHF) as stipulated by the regulatory authorities.
Reconciled the banks N850M risk exposure to commercial banking institutions.
Induction and Co-ordination of key management staff in respect to use of flex cube and Kapiti banking packages.
Intercontinental Capital Markets Limited – Nysc
September 2006 – October2007
Management Information System (Operations/Account Assistant)
Identified and ensured the swift resolution of financial discrepancy issues to preserve customer loyalty while complying with company and banking policies and made sure they all posted to reporting GL accounts.
Daily review and analysis of financial instruments relating to Floated Shares (IPO’s) and Loan Roll-overs.
Effective Due Diligence analysis in minimizing risk exposures, thus adhering to compliance policies.
Reconciled various Cost Centre ledgers with turnovers of over N900M.
Market Intelligence analysis in informing strategic planning decisions as to the banks investment.
Determined age analysis and review of risk assets, ensuring the quality of the assets and timely recovery of non-performing risk assets.
Banking Relationship Activities: my duties encompassed but not limited to; variance analysis, inter and intra fund transfers, Treasury operations, vault management, imp rest and cash advance disbursement, deposit generation.
Posted all financial vouchers and balanced same on Gl.