Financial Reporting Accounts Payable

Ignatius Okojie

*Email:**********@*****.*** *Phone:224-***-****

Dynamic and results-oriented accounting professional, possessing extensive experience in financial reporting, auditing, and compliance. Demonstrates proven leadership and organizational capabilities, skilled in managing multiple assignments within deadline-driven and customer-focused environments. Recognized for exceptional problem-solving skills, effective collaboration within teams, and outstanding time and project management.

Core Competence

Financial Reporting

Intercompany Eliminations

Month-End & Year-End Close

Audit Coordination & SOX Compliance

Technical Memo & Footnote Preparation

Tax Preparation Skill.

GAAP & IFRS Compliance

Process Improvement & Automation

Team Leadership & Cross-Functional Collaboration

Hyper Microsystem Inc 04/2022 till Present

Senior Accountant

(04/2023- Present)

Oversee general ledger functions and manage the month-end and year-end closing processes.

Ensure the integrity of accounting information by accurately recording, verifying, consolidating, and entering transactions.

Summarize financial status by gathering relevant data and preparing balance sheets, profit and loss statements, and other essential documents.

Review and manage accounts payable and receivable diligently.

Maintain and reconcile fixed asset schedules.

Lead intercompany account reconciliations and manage 1099 forms as well as sales tax reporting.

Supervise direct reports, providing assistance and responding to external audits as necessary.

Achieve timely project completion through effective multitasking and prioritization.

Support business processes and accounting policies while preparing the corresponding documentation.

Ensure compliance of accounting procedures with Generally Accepted Accounting Principles (GAAP).

Review and analyze financial data, producing reports on financial status based on these analyses.

Actively participate in establishing financial standards and contribute to the forecasting and budgeting processes.

Safeguard the organization’s value by maintaining confidentiality of sensitive information.

Prepares monthly sale tax

Provide audit documentation and responses to audit queries

Staff Accountant

(04/2022-4/2023)

Demonstrates excellent verbal and written communication skills and possesses a proven ability to manage multiple projects concurrently.

Capable of reading, reviewing and analyzing financial statement reports to ensure accuracy and compliance with legal requirements.

Responsible for recording journal entries for adjustments and inspecting account books to ensure both efficiency and accuracy.

Organizes and updates financial records systematically.

Conducts reviews of Accounts Receivable and Accounts Payable.

Generates monthly balance sheets and profit and loss reports.

Undertakes monthly bank/credit card reconciliation and intercompany accounts.

Works collaboratively with other departments to ensure the fulfillment of customer requests.

Approves shipping quotes in alignment with company benchmarks.

Organizes and systematically updates financial records.

Recommend strategies to reduce costs and enhance revenue.

Prepare documentation required for external audits.

Account Consultant (Contract) 10/2021- 03/2022

4Lgoz.com

Prepared balance sheets and profit and loss statements while effectively managing accounts receivable.

Verified invoices, executed daily cash management tasks, and ensured financial records were consistently updated.

Collaborated with sales teams to cultivate client relationships and enhance/streamline the onboarding process.

Maintained accounts receivable records to guarantee that ageing accounts are up to date.

Ensuring that credits and collections were accurately applied, uncollectible amounts were duly accounted for, and discrepancies were promptly resolved to uphold financial integrity.

Benson Idahosa University 11/2017- 10/2021

Senior Internal Auditor

(10/2019-10/2021)

Conducting comprehensive risk assessments to recommend mitigation strategies and identify potential cost savings.

Engaging with management to ensure the effective implementation of remediation measures within the company’s financial operations.

Preparing and reviewing annual audit memoranda.

Researching relevant federal and state laws and regulations to ensure compliance.

Drafting reports of audit findings, soliciting management responses, and issuing reports in accordance with the standards established by the Internal Audit department.

Documenting audit procedures in alignment with the department’s established audit methodology.

Conducting evaluations to assess the adequacy of internal control designs.

Performing audit testing in designated areas to identify issues and delineate risk dimensions.

Communicating findings and recommendations to all levels of management effectively.

Advising on existing internal audit methodologies and programs to address the principal business risks.

Senior Accountant

(11/2017-10/2019)

Oversaw the operations of the finance department, with a focus on cash flow forecasting and expenditure tracking.

Established robust accounting controls, reconciled financial accounts, and validated disbursement documentation.

Collaborated with various departments to uphold fiscal responsibility and ensure compliance with regulatory standards.

Coordinate with other departments to monitor their expenditure, as well as manage monthly pension contributions, taxes, and regulatory remittances.

Ensured the availability of adequate funds to satisfy ongoing operational capital investment requirements.

Maintained accounting controls by developing and recommending relevant policies and procedures.

Conducted account reconciliations to ensure accuracy and transparency in financial reporting.

Ogiemudia Dave & Co (Chartered Accountant) 01/2016-11/2017

Audit Manager

Developed and executed comprehensive audit plans while providing mentorship to audit personnel, ensuring the prompt completion of audit programs.

Conducted thorough analyses of financial data for clients and incorporated best practices into established audit methodologies.

Collaborated effectively with management to address audit findings and proposed corrective actions.

Attained a thorough understanding of clients' internal control systems and applied relevant auditing procedures.

Provided training and mentorship to audit assistants and other audit staff to enhance their skills and knowledge.

Performed detailed analyses of financial data, including records, reports, and statements.

Integrated best practices and systematic approaches into the audit programs to improve overall efficiency.

Executed audits of employee payroll taxes, specifically Pay As You Earn (PAYE), on behalf of the State Board of Internal Revenue Service.

Conducted audits of Value Added Tax (VAT) on behalf of the Federal Inland Revenue Service.

Eco Bank Nig Ltd. 12/2007-12/2015

Internal Auditor/Compliance Officer.

Develop, review, and monitor adherence to the firm’s internal processes and procedures concerning finance and other operational areas, including the utilization of office assets, information technology infrastructure, and compliance with regulatory standards.

Conduct reviews and oversight of the firm’s business disaster recovery plan, identifying potential risk areas and ensuring that appropriate measures are implemented for risk mitigation.

Investigate and report any violations of established processes, procedures, and regulatory standards across the firm's operations, with a particular emphasis on the finance sector. Formulate effective action plans in response to identified findings and compliance violations.

Report to management regarding the firm’s level of compliance and potential risk areas, providing actionable plans to address these risks.

Ensure that all staff members adhere to the established processes and procedures.

Present monthly bank reconciliation reports to management as required.

Verify that proper approval and documentation accompany all financial transactions.

Key Achievements:

Mentored and trained new employees, resulting in an enhanced onboarding process and improved employee retention rates.

Proactively identified and implemented new procedures for managing evolving priorities, which led to a reduction in errors and an increase in operational efficiency.

Effectively prioritized tasks and completed a project ahead of the established schedule.

Established clear communication channels with team members, thereby enhancing collaboration and productivity.

Negotiated with vendors and suppliers to secure discounts and favorable payment terms, resulting in substantial cost savings.

Implemented a new expense management system that decreased overall expenditure and fostered an increase in revenue.

EDUCATION

CPA in Progress….

Business Ethics- Dec 2023 College of DuPage, IL, USA.

Associates Chartered Accountant. (ACA).

MBA: - University of Benin

B.Sc. in Accounting-University of Benin.

SOFTWARE

Sage Evolution, QuickBooks, Everest, HRblock Tax software, Finacle and Microsoft Office (V-lookups, Pivot Table, Sumifs, PowerPoint, Word, etc.)

Contact this candidate