Onu PIUS Chris (B.SC, M.SC, ACCA, ACTI)
No **B Yinusa Street Onosa Ibeju Lekki Lagos State, Nigeria
Tel :( +234) 803-***-**** Email: adyslx@r.postjobfree.com
Linikedin: https://www.linkedin.com/in/pius-chris-onu/
Summary
Accounting professional with over Eight years managerial experience, possesses multiple skills covering financial areas such as cost control, ledger analysis, financial statements, budgeting, auditing practices, fiscal policy, payroll administration, pension, economic regulations and corporate planning.
Key Expertise
Strong negotiation skill
Strong work ethics
Financial Statement Analysis
Taxation expertise
Strong Organizational Skill
Analytical thinking
Quick-books Proficiency
Microsoft Dynamics NAV (ERP)
SAP B1 (ERP)Proficiency
Sage Line 50
Internal Controls
Result orientation
Financial Planning & Management
Financial Analysis and Modeling
Team Leadership
Ability to operate in a Foreign cultural environment
Decision-making
Professional Qualification
Associate Member of the Chartered Institute of Taxation of Nigeria (CITN) 2020 Chartered Certified Accountant (ACCA) 2018
Advanced Diploma, Accounting and Business 2013
Association of Chartered Certified Accountants (ACCA)
Education
Master of Science (Major: Accounting & Finance) 2019
Robert Gordon University, Aberdeen UK
Bachelor of Science, Applied Accounting 2016
Oxford Brookes University - London, UK.
Bachelor of Science, Accounting 2010
Lagos State University – Lagos, Nigeria
Diploma, Data processing and programming 2002
Ronik International School of Business (Now Polytechnic) – Lagos
Saint Francis College Otukpo-Benue State 1997
SSCE
Training
Professional Certificate in Budgeting & Budgetary Control methods 2019
International School of Management (ISM) - Lagos
Certificate - Fundamentals of financial Analysis 2018
PWC-ACCA
TRACE Certificate – Anti Bribery Compliance Challenge for Intermediaries 2020
Professional Experience
Bencut Group (Manufacturing, Engineering and Agro-Allied Business) March 2022 to Date
Chief Financial Officer
I manage all finance functions such as treasury, taxes, management accounts, financial accounts, financial control, internal and external reporting.
I review and and analyse monthly financial performance of the company
I train and mentor the company’s Accounting staff
I provide financial advice to the company based on the circumstance’s appetite for risk and desired level of future investment growth
I analyze the company’s information and future financial projections to ascertain the best investment and advice the Board of directors accordingly.
I produce financial reports and communicate what the figures mean.
I oversee short term and long-term Budgeting planning and control.
I manage the annual audit process to ensure timely audit report
Abadan Group (Abadini Rice, Abadini Integrated Services Ltd Ltd, Agritech Lt). 2021- 2022
Manufacturing, Agro-business and Real Estate
Position: Chief Financial Officer (CFO)
● I provided accurate and timely financial service including setting and monitoring budgets, forecast
● I reviewed and ensure appropriate overall performance reporting to the CEO and Board of Directors.
● I supported the chief executive and senior team to develop a medium-term financial plan.
● I was responsible for all statutory reporting, compliance, annual accounts and VAT etc.
● I supervised and reviewed the work of the finance team under my supervision.
● I managed the annual audit process in conjunction with the appointed auditors to ensure statutory accounts are produced within the required deadlines
● I ensured that budgets and management accounts accurately reflect the business activity, that accruals and other adjustments are being made correctly, that variances from budget and other issues are investigated and resolved
● I prepared monthly cash flow positions, related borrowing needs, and available funds for investment
● I mitigated financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
● I controlled suppliers’ payment terms and consequences.
● I coordinated and supervise disbursement of funds and rice seedling to farmers
● I monitored the operational expenses and provide cost savings proposals to ensure the reduction of overall operational cost.
● I ensured strict implementation of stocking.
Cardinal Security Services Limited 2019- 2021
Provides Security Guards Services, Hostage negotiation, Response & Escort, Airport Protocol, Alarm/CCTV etc.
Position: Chief Financial Officer (CFO)
Lead the company’s financial accounting, reporting, and control activities; ensuring they are carried out efficiently and in line with best practice and statutory requirements.
Provide accurate and timely financial services including setting monthly budgets, forecasts, cash flow analysis, management and financial accounts and advice to support inform decision making at all level.
Achieve the annual audit process in conjunction with the appointed external auditors to ensure statutory accounts are produced within the required timelines.
Monitor financial performance by measuring and analysing results; initiating corrective actions, minimizing the impact of the variances
Develop and document business processes and accounting policies to maintain and strengthen internal controls.
Ensure timely preparation and rendition of Audited Financial Statements (AFS) and the timely filing of the AFS with the relevant statutory agencies.
Responsible for month-end and year-end accounting period close of the process and monthly trial balance review to ensure the integrity and correctness of the company’s accounting records.
Coordinate the preparation and renditions of statutory returns and compliance within the statutory provisions.
Ensure Quality Control over financial transactions and financial reporting by ensuring timely trial balance review, preparation of schedules to accounts and bank reconciliation reports
Develop annual operating budgets as well as all project budgets and oversees them.
Manage compliance with Local, State and Federal Government statutory requirements and tax filings.
Participate in key decisions as a member of the executive management team Develop performance measures that support the company's strategic direction.
Maintained Cash flow position throughout the company, understands the sources and uses of cash, and maintain the integrity of funds, securities and other valuable documents. I receive, have custody of, and disburse the company’s monies and securities. My other responsibilities include the authority to establish accounting policies and procedures for credit and collections, purchasing, payment of bills, and other financial obligations.
I organized regular training for finance staff and store keepers to ensure accurate book-keeping and safeguard the company’s assets
I establish and execute programs for the provision of capital required by the company, including negotiating the procurement of debt and equity capital and maintaining the required financial arrangements. I also coordinate the long-range plans of the company, assess the financial requirements implicit in these plans, and develop alternative ways in which financial requirements can be satisfied.
Triumph Power & Gas Systems Limited, Lagos 2018 -2019
Provides services to oil & Gas companies and a representative to OEMs such as Dunlop oil & Marine,
Brush, Continent etc. in Nigeria.
(1A Akinyemi Street, Elf B/stop Oniru, Lekki Lagos)
Position: Finance & Corporate Planning Officer
I provided accurate and timely financial service including setting and monitoring budgets, forecast
I reviewed and ensure appropriate overall performance reporting to the CEO and Board of Directors.
I supported the chief executive and senior team to develop a medium-term financial plan.
I was responsible for all statutory reporting, compliance, annual accounts and VAT etc.
I supervised and reviewed the work the finance team under my supervision.
I managed the annual audit process in conjunction with the appointed auditors to ensure statutory accounts are produced within the required deadlines
I ensured that budgets and management accounts accurately reflect the business activity, that accruals and other adjustments are being made correctly, that variances from budget and other issues are investigated and resolved
I assisted in overseeing the operations of the accounts department, including the design of an organizational structure adequate for achieving the department's goals and objectives
I prepared monthly cash flow positions, related borrowing needs, and available funds for investment
I assisted in mitigating financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
I ensured the strict implantation of internal Audit report
I participated in on-going cost reduction analysis in all areas of the company
I carried out regular review of our competitors’ performances and report on key issues to management
I performed benchmarking studies to establish areas of potential operational improvement
I interpreted the company's financial results to management and recommend improvement activities
I performed regular review of company bottlenecks and recommend changes to improve the overall level of company productivity
Sumptuous Meals Ltd (Hospitality sector) Jan 2017 – 2 Dec. 2017
Position: Account/Operations Manager
I managed all accounting transactions.
I reconciled accounts payables and receivables for accuracy.
I prepared the monthly profit and Loss account.
Developed reporting processes, procedures and internal controls for maintaining the efficient flow of all financial transactions
Execution of treasury activities including bank accounts management, bank reconciliations, funds receipts, disbursements etc.
Maintained proper books of accounts for inventory, payables, General Ledger and Fixed Asset Register.
Billing and collection of Invoices.
Managed full process on compliance with all statutory regulations (Tax, IFRS Pension, PAYE etc.)
Prepared monthly balance sheet on accrual basis
I managed the cash flow of the Organization.
I assisted in the preparation of yearly budget.
I collected information for the annual financial Audit.
I introduced digital marketing to the company which resulted to about 400 percent increase in sales revenue,
Rapid Link Group (Oil and Gas Servicing, Logistics, Import & Export) 2007 - 2016 27A Furo Ezimora Street, Lekki, Lagos
Position: Senior Accountant
Processed bi-monthly and monthly payroll for (Nationals and Expatriates) Employees (over 2000 Employees).
Prepared monthly management accounts.
Developed reporting processes, procedures and internal controls for maintaining the efficient flow of all financial transactions
Execution of treasury activities including bank accounts management, bank reconciliations, funds receipts, disbursements etc.
Maintained proper books of accounts for inventory, payables, General Ledger and Fixed Asset Register.
Billing and collection of Invoices.
Managed full process on compliance with all statutory regulations (Tax, IFRS Pension, Ministry of Labor and productivity etc.)
Made statutory deductions and remit same to the relevant government agencies (pension, with-holding tax payment, PAYE, NSITF, ITF, NHF.VAT)
Prepared monthly balance sheet on accrual basis
Processed End of Contract Bonuses and employees’ compensation.
Responsible for the preparation of yearly budget.
Collected information for the annual financial Audit.