Accountant Manager

SENIOR ACCOUNTANT (HND, A.A.T&ACA)

(IFRS-KNOWLEDGE)

RESUME

AZEEZ W. OLAWALE

**, ***** ******, *****, ***** State. Tel: 080********, 090********

email: ********@*****.***, *********@*****.***, *******@*****.***, Skype id :Wale Azeez,

Linkedin Id: linkedin.com/in/olawale-azeez-aat-aca-61523126

OBJECTIVE: To make a worthwhile contribution to the growth of an organization that aspires for excellence in its organization.

EXPERIENCES:

CAST ORE BITUMEN & EMULSIONS TRADING COMPANY LTD

Senior Financial Reporting Accountant August 2017 - Till Date

Line Manager- CFO

Provide support to the CFO including but not limited to the following functions:

Monthly Management Accounts:

Produce monthly management accounts within 10 working days of the month end including variance analysis, KPI analysis and recommendations to improve financial performance

Ensure the accuracy and integrity of the monthly management accounts

Review the assumptions for reasonableness; analyses and quantify key risks and judgment used in the financial figures reported

Account payables

Oversee the management of vendor invoices processing to ensure vendor liabilities are captured in a timely and accurate manner and to enable timely payment.

Opening of LC and monitoring it to the point of final liquidation.

Monthly, reconcile vendors / trade payables ledger with general ledger control account and review vendors ageing for accuracy

Monthly, send Creditors Statement to Suppliers, request Statements from Suppliers and reconcile both statements

Trade Receivables

Oversee the management of client invoicing to ensure that it is carried out in a timely and accurate manner and that all amounts chargeable are fully captured;

Provide support to other departments to maximize amounts invoiced to clients and efficiently collect payments

Monitoring Customers account balances and ensuring that Customers do not exceed the Credit Limit approved by Management

Ensure all invoices to customers are prepared immediately for all completed jobs / deliveries and submitted to clients not later than 2 working days of goods delivered

Monthly, reconcile Trade Receivables ledger with General ledger control account, review debtors ageing report for accuracy and send statement of indebtedness to customers

Monthly, review the turnover sales accounts

Taxes

Monthly, monitor and review business practices and propose necessary improvements to minimize the company's Tax liability within limits allowed under the law

Monthly, review PAYE deductions and submit returns to Tax Authorities

Ensure that all transactions comply with VAT and WHT regulations, monthly review VAT and WHT computations and submit returns to Tax Authorities

Follow up prompt payments of PAYE, WHT and VAT in line with tax regulations

.

Inventory

Ensure physical verification of stock quantities by arranging monthly stock taking

Monthly, investigate and account for stock variances by the 3rd working day of the month

Monthly reconcile stock values in the inventory module with general ledger control account

Financial Information and support:

Provide financial information to support commercial activities within the business and other departments as required.

Handling Letter of Credit and documentations to the banks and monitoring the liquidation(s) process.

Handling the preparation and monitoring of the budget, profitability analysis and financial projections(Statement of Profit or loss and Financial Position and cash flows)

Annual External Account Audit:

Attend to external auditors and other regulatory agencies

Fixed Asset Management:

Manage and update Fixed asset register

Ensure assets are properly depreciated /Amortized

Intercompany Accounting:

Ensure intercompany accounts are properly reconciled

Payroll and Time Keeping and Tax

Manage the preparation of payroll.

Manage the deduction and calculation of taxes, pension contributions and other statutory deductions and payments to ensure that they comply with contractual and statutory regulations.

CAST OIL AND GAS LIMITED

SENIOR FINANCIAL ACCOUNTANT Feb. 2014 – July. 2017

Monthly Management Accounts:

Produce monthly management accounts within 10 working days of the month end including variance analysis, KPI analysis and recommendations to improve financial performance

Ensure the accuracy and integrity of the monthly management accounts

Review the assumptions for reasonableness; analyses and quantify key risks and judgment used in the financial figures reported

Vendors:

Oversee the management of vendor invoices processing to ensure vendor liabilities are captured in a timely and accurate manner and to enable timely payment.

Handling Profrma Foreign invoice and final invoice against the liquidation of LC.

Client Invoicing:

Oversee the management of client invoicing to ensure that it is carried out in a timely and accurate manner and that all amounts chargeable are fully captured;

Provide support to other departments to maximize amounts invoiced to clients and efficiently collect payments

Reconciliations:

Banks - Oversee the account officer to ensure that all the transactions are well captured and reconciled appropriately and ensure that monthly bank reconciliations are well done.

Suppliers- Ensure that all suppliers account are well posted and VAT and WHT are charge accordingly. Reconciled in case of any discrepancies.

Financial Information and support:

Provide financial information to support commercial activities within the business and other departments as required.

Handling Letter of Credit and documentations to the banks and monitoring the liquidation(s) process.

Annual External Account Audit:

Attend to external auditors and other regulatory agencies

Payroll and Time Keeping and Tax

Manage the preparation of payroll and remit of PAYE, pension

.

WEST AFRICAN COTTON CO. LIMITED, A SUBSIDIARY OF CHIVITA NIGERIA LTD

ACCOUNTANT: Nov.2012-Jan.2014

Check and approved the petty cash prior to the payment by cashier.

Check Local Purchase Order for final approval in case of advance payment

Check and post all the company’s expenses into the general ledger

Raise journal entries for corrections of transactions errors or for inter-company transaction

Recommend any necessary account in chart of account to the Chief Financial Controller

Check for appropriate monthly prepayment charge in general ledger

Oversee the bank reconciliations statement prepare by the Account officer before passing to the Chief Financial Controller

Handling suppliers reconciliation, incase of any disagreement.

Reconciliation of vendors and staff accounts

Prepare an advance payment for suppliers as well as proper monitoring of suppliers account for easier reconciliation

Recommend and make necessary journal for any stock adjustment

Prepare the following report for Financial Controller-Income Statement, Balance Sheet and Aged Debtors for Management decisions.

Checking the payroll prepared by Human Resources Manager for errors before finally signed by Finance Controller

Oversees the payroll, pension and PAYE deductions and the remittances

Oversees the schedule of VAT and WHT and necessary remittances

Oversees then schedule of WHT receipts withheld on our invoices for Company Income Tax offset

Perform any other duties assigned to me by the Financial Controller

Coordinate account department meeting and give any financial issues on it to the Financial controller

Prepare CAPEX for propose acquired fixed asset.

Participate in Internal and external audit process.

CEDDI SERVICES LIMITED, AN AFFILIATED OF CROWE DAFINONE (FORMERLY HORWATH DAFINONE CHARTERED ACCOUNTANTS)

ACCOUNTANT: Nov.2011- Nov.2012

Disburse cash for petty expenses (three companies) based on the approval received

Perform daily review of bank statements to ensure the completeness of transaction processing by the bank

Prepare monthly reconciliations of all bank account balances (Six companies) to ensure integrity of transactions in both bank statements and the general ledger, and ensure timely resolution of all reconciling items

Verify accuracy of bank charges and interests and ensure timely update of financial accounts

Prepare payment vouchers for approved vendors’ invoices due and advance payment

Prepare payroll (Six Companies) –Sage payroll with the bank and cash schedules

Prepare Pension deduction schedule and remit it to the appropriate pension custodians

Prepare and posting of clients invoices into the system

Prepare client reconciliation as requested

Matching of customer payment with the invoice to ensure perfect reconciliation

Updates schedule of prepayment expenses, get approval and enter into Sage

Release funds for advances depending on approval by the management

Prepare monthly reports -Trial balance, profit and loss account and balance and Aged reportsfor management

Passing necessary journals

LONADEK OIL & GAS CONSULTANTS

ACCOUNTANT II

Account Payable: March 2009 - Feb. 2010

Perform account payable for the company

Managed vendor accounts, generating weekly on demand cheques

Handling petty cash and any other office expenses

Preparation of staff payroll, bank schedule, pension, PAYE and pay slip for the staff

Issue receipts for any cash or cheque payment

Generation of weekly payment schedules and handling of remittances advice

Preparation of vendors reconciliation statement in caseof any discrepancies

Handling all company banking transactions

Raising of journal entries

Preparation of monthly bank reconciliation statement

Account Receivable: March 2010- May 2011

Perform account receivable for the company

Preparation of invoices for all delivered orders from customers

Preparation of credit memos for all legitimate claims of customers

Follow-up of payments and overdue accounts of customers

Filling of invoices, credit notes, schedules and reports

Preparation and posting of journal entries

Generation of weekly/monthly account receivable aging report for follow up

Handling of WHT & VAT receipts records accordingly for company income tax offset

Handling customers reconciliation statement in any case of discrepancies

Other Duties:

Handling of company fixed assets register

Compute employee terminal benefits

Assist the chief Accountant during Annual Audit of the book of account by the external auditor

Report:

Monthly Income Statement and balance sheet and aged debtors

DULUX PAINTS (CAP PLC)

FINANCE OFFICER

Account Payable Feb. 2008- March 2009

Preparation of monthly reports on:

Profit and Loss Account and balance sheet

Aged Debtors

Staff payroll

Marketers float and commissions

Bank and vendors reconciliation statements

Handling of petty cash and other company expenses

Maintain adequate records of accruals and prepayments account

Keeping adequate records of intersubsidiary Assets and liabilities

Maintain fixed Asset register

Correction of errors through journal

NATIONAL YOUTH SERVICES CORPS:

Ndokwa East Local Government, Aboh, Delta State Feb. 2006-Jan 2007

Preparation of salaries schedule, bank schedule and any other duties assigned to me by superior

EDUCATION, PROFESSIONAL MEMBERSHIP AND CERTIFICATION:

Institute of Chartered Accountant of Nigeria

(Association Chartered Accountants) Nov. 2017

Federal Polytechnic Ede, Osun State

HND Accounting (Upper Credit) Year 2005

National Youth Service Corps Certificate No. A00099054

Institute of Chartered Accountant of Nigeria

(Association of Accounting Technicians (AAT) Year 2000

Computer (IT) Skills

Microsoft Office Suite, Peachtree, QuickBooks, Sage Payroll,

Sage Line 50 and Navision 6.0 version.

SEMINARS/TRAINING ATTENDED

Quality Management System. ISO 9001-2000

(A Seminar facilitated by Prosync Limited) May 2008

2nd Quarter DuluxColour Centre Training Programme

(A seminar facilitated by CAP PLC) 12th– 14thJune 2008

REFEREES

Mr. Fatai Olawale - Finance Manager at Crown Flour Mill AFP- Olam Grain

Km 25, Dutse Village, Abuja-Kaduna Road,

Chikum Local Government, Kaduna State.

Contact: 080********, Email: ***********@*****.***

Mr. Oluwarotimi Ojo - Senior Accountant at Westfield Energy Resources

23, Providence Street, Lekki Phase 1, Lagos State

Contact: 080********, Email: **************@*****.**.**

Mr. Akeem A. Ogunseni - Senior Manager a Ernst And Young Nigeria

UBA House, 10th Floor, 57 Marina Lagos State

Contact: 080********; 081********

Email: *****.********@**.**.***, ***********@*****.***

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