Accountant

OLUGU FOLASHADE NMESOMA

Accountant

Contact Details

Telephone: (+234)810-***-**** Email: **********@*****.*** Lagos, Nigeria. LinkedIn: linkedin.com/in/folashade-olugu-46037a203 Education

**** ****** National Diploma, Accountancy, Upper Credit. Federal Polytechnic Nekede, Imo state, Nigeria.

Certifications

In Progress Association of Chartered Certified Accountants (ACCA). Skills

• Proficiency in Sage one Accounting software

• Knowledge & application of International Financial Reporting Standards (IFRS)

• Asset & Inventory Management

• Proficiency in MS office

• Advanced Bookkeeping skills

• Account reconciliation

• Budget & Expense reporting

• Internal Audit & Controls

• Account Payables & Receivables

• Payroll processing & Payroll taxes

• Tax Accounting

• Financial Data Analysis & Interpretation

• Customer service.

Work Experience

May 2021 – present Head Accountant, E.U Premium Power Solutions Ltd, Lagos.

• Oversee the management of all the company’s accounts.

• Prepare monthly, quarterly and annual financial statements; Balance sheets, Income statements & Cashflow statements, ensuring adherence to accounting standards and regulatory requirements in all financial transactions.

• Present detailed analysis on financial performance to management, including variance breakdowns, growth rate insights and clear explanations for the results.

• Analyze financial data and trends to identify opportunities for improvement and risk mitigation. Provide management with insights and recommendations based on financial analysis and interpretation.

• Set up and maintain internal control procedures to protect company assets and prevent fraud. Carry out routine audits to check compliance with internal controls and find areas for enhancement.

• Oversee the fixed asset system, including the maintenance of capital asset records, policies, disposals, and transfers, and the calculations of monthly depreciation values adhering to capitalization and depreciation policies.

• Prepare crucial budget plans for company goals, monitor and manage expenses within the established budgets and follow up on budget implementation and limits as it relates to each department.

• Collaborate with cross-functional teams to support business objectives & drive financial performance.

• Record, reconcile and track revenues, expenses, budgets, taxes, cash flows, receipts, invoices using Sage one accounting software ensuring accuracy & completeness.

• Maintain an accurate and up-to-date record of invoices from suppliers/vendors and maintain positive vendor relationships.

• Monitor and reconcile petty cash transactions kept by the different department heads, ensuring accuracy and proper documentation.

• Assemble the annual audit information and work closely with auditors during all audit processes.

• File and remit taxes and annual returns (VAT, P.A.Y.E, WHT) of the company to the appropriate revenue services before deadlines to avoid penalties.

• Process monthly staff payroll and remit employees’ monthly pensions to their respective Pension Fund Administrators (PFA).

• Stay up-to-date on changes in accounting regulations, tax laws and industry standards. Achievements:

• Instituted software adoption that reduced error rates by 80%.

• Identified new revenue prospects, offered strategic financial advice, proffered new marketing and investment ideas while meticulously conducting investment analysis to guarantee profitability, leading to annual revenue growth each year ranging from 60%-91%.

• Set up & improved the accounting system & processes to align with the business needs, increasing operational efficiency by 85%.

• Built predictive models that have yielded substantial cost savings of about 60%.

• Successfully ensured accurate financial records and tax compliance, leading to the company obtaining its Tax Clearance Certificates for the past three years. Jan 2021 – March 2021 Customer Service Intern (Tele sales Agent), Jumia Nigeria, Lagos.

• Advised present or prospective customers by answering incoming calls, converting inquiries into sales, and making outbound calls.

• Assisted in selling processes for customers and generated additional sales based on identified customer needs.

• Provided sales support.

• Handled customers complaints to preserve the company's reputation.

• Met sales quota and facilitated future sales.

• Handled special requests and complaints of customers.

• Collected and stored useful data within the company's backend Dec 2016 – Dec 2017 Accountant & Customer Service Representative, The Rexx Company, Akwa Ibom.

• Managed payroll of staff.

• Prepared financial reports and managed petty cash.

• Prepared company's budget, monitored budget performance, analyzed financial data to ensure it was recorded properly and reconciled.

• Cultivated strong business relationships with customers to derive development and kept track of prospect clients.

• Developed and implemented targeted sales strategies to meet the needs of potential customers and to attract new customers.

• Maintained record of daily activities and reported to the manager. Achievements

• Increased customer base by 70% through dedicated sales campaign. Oct 2015 – Dec 2015 Account Intern, Thomas Gamble & Co. Chartered Accounting Firm, Akwa Ibom.

• Provided clerical support to the accounting staff.

• Assisted in the year-end stocktaking of client banks.

• Assisted the accounting team in reconciling customers’ bank statements and conducting pre-audit analysis for clients.

Interest

Reading, Writing, Research, meeting people, Travelling and Entrepreneurship. Reference

Available on request.

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