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Accounting fundamentals, bank reconciliation, Account payables

Location:
Pembroke Pines, FL
Posted:
June 16, 2023

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Resume:

CURRICULUM VITAE

Name : Osuma, Bukunmi(B.S.C,ACA)

Address :**** *********, **** *****

Miramar.

FLORIDA 33025

Email address adxqcw@r.postjobfree.com

Phone Number +1-786-***-****

Date of Birth : 26/07/1972

Number of years of professional experience : 19 years

Nationality : Nigerian

Membership of a professional body: Associate Member, The Institute of Chartered Accountants of Nigeria,student member Chartered Institute of Stockbrokers of Nigeria (CISB), student member Certified international investment Analyst (CIA)

Education:

Institution

Qualification

AmbrosseAlli University, Ekpoma 2000-2004

B.Sc (Hons) Accounting

Rufus Giwa Polytechnic(formerly Ondo State Polytechnic, Owo) 1993-1995

HND (Accountancy)

Other skills: Use of Microsoft Office i.e. Word, Excel, PowerPoint and various accounting packages such as Peachtree, Sage, ACL, Oracle financials

Company/Position Job Description

Feminiks Logistic LTD(May 2020 to August 2022)

Finance Manager

Communicate with stockholders or other investors to provide information on how to raise capital

Establish and maintain relationships with individual or business customers or provide assistance on the financial matters these customers may encounter.

Direct Insurance negotiations, select insurance brokers or carriers, and place insurance

Review reports of securities transactions or price lists to analyze market conditions.

Prepare financial or regulatory reports required by laws, regulations, or boards of directors.

Oversee the flow of cash or financial instruments

Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping

Train members of financial staff and participate in their recruitment

Submit delinquent accounts to attorneys or outside agencies for collection.

Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments

Evaluate financial reporting systems, accounting or collection procedures, or investments activities and make recommendations for changes to procedures, operating systems, budgets, or other financial control functions

Develop or analyze information to assess the current or future financial status or firms.

Approve, reject, or coordinate the approval or rejection of lines of credit or commercial real estates, or personal loans

Plan. Direct, and coordinate risk and insurance programs of establishments to control risks and losses.

Network within communities to find and attract new businesses

Review collection reports to determine the status of collections and the amounts of outstanding balances.

Examine, evaluate, or process loans application.

Analyze and classify risks and investments to determine their potential impacts on companies

Evaluate data pertaining to costs to plan budgets.

Prepare operational or risk reports for management analysis.

Ebony Agro Industries Limited, Ikwo. Ebonyi State(2013 to Date)

Finance Manager

provides day to day management and leadership of the Account Department and ensures that the accounting and finance related functions are in line with the overall business objectives

Train, manage and motivate Finance Staff

Plan, organize and implement accounting operations and objectives, coordinate and integrate all activities towards the achievement of the Company established goals and Objectives

Day to day management of the financial and management accounting processes including Inventory management, Budgeting and product pricing.

Implement approved Accounting processes, Systems and Controls for products and service.

Ensure the completion of Monthly, Quarterly, Half yearly and Annual financial reporting to the Company Stakeholders

Interpret and communicate financial information effectively with business Partners and actively provide business team education to ensure comprehension of financial analysis

Coordinate the budget and quarterly forecast process for the business unit and actively participate in the formulation of the business objectives and financial plans. Challenge and critique plans to ensure alignment with strategic business plans.

Provide management with external business conditions and assessment of financial implications of competitor Strategies

Manage the company’s short-term funding requirements through the investigation and cost efficient use of suitable and adequate banking facilities

Liaise with the Company external Auditors and manage external audit functions by ensuring adequate planning and execution to meeting reporting requirements

Maintain, develop or enhance the System of internal Controls ensuring compliance with the Company procedures.

Analyze the Company Term Loans and Overdraft Account to ensure that interest and other Bank charges are not overcharged by the banks.

Fidson Healthcare PLC(February 2011-February, 2013)

Compliance Officer(Internal Auditor)

Assist Group Internal Controller in-

Financial & management accounts review and audit,

Developing & maintaining Company Internal control Systems, Review of financial processing and documentation

Conducting compliance with Standard operating procedures and communicating on regulatory affairs

Developing & maintenance of company policies and its compliance with appropriate laws and regulations

Reviewing of business processes as it relates to: vendor management, materials requirement planning, capital expenditures, Bought in products, trade marketing and Sales Operation

Reviewing Production Processes in line with the financial needs.

Establishing Compliance Training Programs for Staff and reviewing of Departmental standard operating procedures

Post payment Audit on Capital/Operational Expenditure, Audit & Verification of Payroll and Overtime. Checking Sales credit limit to approved limit, Weekly review of- Invoices, Waybills, Receipts and other finance related documents

Assist in managing the annual Compliance risk Assessment process and the related documentation. Also function as Head of Stores-Finished Goods and Inventory Controller

F.D Engineering LTD, Lagos

(2007-2011)

Accountant

Preparation of Financial and management Accounts

Project budget monitoring and tracking

Preparation of Fixed assets schedules and Registers

Cash flow management, Creditors/Debtors Management including other Accounting and Finance Related Functions

Jackal Ventures LTD

(2003-2007)

Internal Auditor

Review of the company management Accounts for the purpose of external audits

Working with the external Auditors in ensuring that the Company meets Statutory Requirements

Review of the branches expenses in line with the Approved expenditure limit set by the head office

Carry out special investigation whenever required by management

Audit of the company payroll system including payee and the Company tax Liabilities’

Carry out necessary checks to confirm that expenditure are correctly authorized and approved

Evaluation, Walkthrough and testing of Company’s Accounting and Internal Control System

Analysis and reconciliation of Traders Support program (TSP) and Lease and Loans. Determination of Contract Invoice for Lease and loans and TSP

Analysis of TSP/lease loans targets set for the Branches,Quarterly Loan performance review covering risk, repayment and fall back, Structuring and pricing of credit request

JamiudeenOlukayodeSunmola& Co(Chartered Accountants), Lagos

(2001-2003)

Audit Senior

Involves in the Firms: Statutory Audits, Public Sector Audits, Taxation and Consultancy Services

BabalolaAdesoji& Co(Chartered Accountant)Lagos

(1999-2001)

Audit Senior

Involves in the Firms: Statutory Audits, Public Sector Audits, Taxation and Consultancy Services.

AdebisiOguneye& Co(Chartered Accountant)Lagos

(1997-1999)

Audit Senior

Involves in the Firms: Statutory Audits, Public Sector Audits, Taxation and Consultancy Services.

Also function as Professional Import Duty Administrators working with Customs in Duty collection and Assessment

Horizon Finance

(Accounting Officer)

Maintenance of proper Accounting record and Data Entry, Efficient Accounting Relationship Management

MAJOR ACHIEVEMENT/ROLES

PLACE ACHIEVEMENT/ ROLES

Ebony Agro Industries LTD

Member, Technical Committee on Abakaliki Power Plant owned by Ebonyi state Government and Other Rice Millers in the state.

Savings from review of interest charged on the Company Overdraft accounts

Presentation on ebony Agro Industries LTD during Webinar on Solid biomass Business opportunities in West Africa

Fidson Healthcare Plc

Downward review of the Company Regional Unsupplied Stocks Claims resulting in savings ofSeveral Millionsto the Organization

Jackal Ventures Ltd

Achieving major recovery(Several Millions) in the Company Traders Support Programmes(TSP) and Lease and Loans Bad Loans

Specific experience:

Client

Country & Dates

Title of project audited, Sector, Functions

UNFP

Nigeria 2013

Annual Statutory Audit

Public Sector

Fidson Healthcare Plc

Nigeria 2010-2012

Internal audit functions. Also function as Head of Stores-Finished goods and Inventory Controller, Core business Processes (Raw Materials/WIP Conversion/ Production Processes, Trade Marketing / Sales Operation, Vendor management, Materials requirement Planning, Annual Compliance risk assessment processes, Inventory management etc. Member of Special Taskforce assignment which reconcile Store Operation with finance for better performance.

Member of the Team that Work with External Consultant to the Company in the review of the Group operations

Member of Special Taskforce assignment which reconcile Store Operation with finance for better performance

Federal Ministry Of Finance

Nigeria(MurtalaMuhammedAirport,Semen Border),1997-1999

Import Duty Administration, Tariff’s Review

Jackal Ventures Ltd

Nigeria

2003 to 2007

Supervisory roles in the Accounting and internal audit function

TREM

2004

Statutory Audit

Blendtech Nigeria Limited

Nigeria 2004

Annual Statutory Audit

Private Sector

Chemo Technic Limited

Nigeria 2004

Annual Statutory Audit

Private Sector

Refences: (1) Kosoko Rotimi

(2) Geoffrey C Ekenma



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