Highlights:

Skills:Proficient in administration, Treasury Management, Account Management, Reconciliation, International Trade and Managemen

Accountant-Finance and Administration 03/2013 - 11/16
Qualifresh Limited, Lagos, Lagos Nigeria
Industry: Fast-Moving Consumer Goods/Sales and Distribution
Treasury Management, Account Payable and Receivable, Banking, Reconciliation, Clients account Management, Procurement, Imports Management, general relationship Management and Administration
Coordination of finance department and resources management Treasury operations; funds collections management with banks using appropriate platforms for cash collections Accurate invoicing on Sage ensuring all due invoices are paid and recorded using appropriate client’s identification code Manages payables and receivables with debt drive ensuring funds are received to finance cash budget Reconciliation of accounts (clients’ accounts management, bank accounts) on Sage Ensures accuracy of staff payroll using standard template for accurate tax computation and deduction Budgeting, realization of expenses and variance analysis Up to date tax and pension administration, remittance and staff statutory returns management Successful registration of staff PAYE with designated internal revenue services across states of operation; remitting and updating staff returns appropriately Maintains accurate monthly VAT and WHT returns and other statutory remittances with FIRS Improved inventory supply to depots for optimum sales revenue, reconciling stock variances to avoid revenue loss Maintains asset register and makes appropriate entries for assets Successful implementation of Sage mobiles sales across depots resulting to improved instant sales reporting Relates with banks for timely execution of transactions, forex, transfer, execution of Form ‘M’ and trade instruments to facility importation to ensuring products availability to meeting clientele demands Manages rents, staff contracts renewal, procurement and facilities maintenance Ensures functional business relationship with both formal and informal clients on pricing, discounts and credit allocations Ensures prompt capturing of sales on Sage, provides sales statistics for clients’ performance measurement and credit worthiness Liaises with auditors, ISPs, LIRS with other states revenue services, local government revenue offices, FIRS, PFAs, NSITF immigration services, and other agencies Relates with Standards Organisation of Nigeria-SON, NAFDAC and Quarantine Service Office for facilitation of products certification Provides administrative support services to foreign offices/personnel for business development as well as compliance with statutory ethics and procedures in Nigeria General administration of Nigeria business operations and reports to group Finance Manager in South Africa--
Finance and Administrative Executive 08/2007 - 02/2013
Satek Nigeria Limited, Lagos, Lagos Nigeria
Industry: Engineering
Banking, Treasury Management, Payroling and tax management, Budgeting and Variance analysis, Payables and Receivables Management, Reconciliation, Procurement, Import execution and Cargo Clearing, Relationship management and General Administration
Conducted thorough reconciliation of account domiciled with a major commercial bank in Nigeria that saved the company a sum of N4.4million through reversal of debit entries resulting from delay of import/shipping documents by the ban Ensured successful resolution of a loan facility that resulted into a whopping debit balance of about N129million with a commercial bank in Nigeria and this was later taken over by AMCON (Asset Management Corporation of Nigeria) and final liability reduced to about 8% and settled. Ensured timely completion of major projects such as supply and installation of industrial Chillers, Cold rooms, Central Air conditioning at Cadbury Nig. Plc, UAC Dairies, Obasanjo Farms Ltd, MMA2-Bicourtney Aviation, Access Bank Plc, GlaxoSmithKline Plc, etc. through effective import and procurement management Implemented cost reduction techniques on projects thereby increasing company’s wealth by about 7.5% in year 2010. Successful importation and clearing of 500 units of display chillers stowed into ten 40ft containers.Ensured effective relationship with banks for timely finance of capital projects from our blue-chip companies-clients Prepared necessary documents for loan facility application and execution for import finance and local content procurement for timely execution of contracts Ensured timely importation of equipment and materials from overseas manufacturers in accordance with provisions and regulations of Standards Organization of Nigeria –SON, regarding SONCAP Ensured proper treasury operations and management for daily running of business activities Supervises accounting operations and thorough reconciliation of all accounts with banks, debtors and creditors Managed and controlled all procurement activities for effective cost control and financing Prepared profitability analysis of every project before execution to meet up with management’s profit target Ensured effective utilization of available resources and allocation of manpower across up country locations for effective repair and maintenance of clients equipment for uninterruptible cooling temperature all year round Related with foreign and local partners such as Emerson Climate Technologies, Gea Searle UK, Shandong Lark China, Chevron Nigeria, Bry Air India, UACN, Access Bank Plc, etc. Prepared budgets for departments Provided monthly performance reports to the Finance and Administration Manager.--
Manager-Accounts and Administration 12/16 - current
Agriscopia Company Limited, Lagos, Lagos Nigeria
Industry: Importation,Sales and Distribution and Farming
Procurement/importation, Finance and Administration, Banking and Relationship Management, Sales Account Management and Farming Operations
Daily administrative and financial duties of operations instituted and has achieved optimal control of activities Effective management decision making enhanced through effective accounting and internal control measures instituted Effective treasury control and management though secured internal control systems Manages bank accounts and facilitates movement of funds and execution of trade instructions for prompt imports and procurement Internal control and reporting structure of accounts and overall business activities developed and maintained Prompt budgeting and projection of costs, labour and input has increased productivity to about 20% above target Payrolling and staff benefits computation and disbursement Tax and other statutory levies remittance and filling with relevant tax authorities Effective inventory control mechanism instituted has stamped out wastages and theft of inputs and other stock of material resources Manages effectively; allocation of farm implement and machines on lease to meeting time-band network of programme achieved optimally Maintains asset register and keeps maintenance schedule of same for maximum productivity Recruitment of efficient and experienced staffers has impacted on general operations leading excellent service delivery to clients and partners, as well as government agencies Effective relationship management with financial institutions as well as non-banking institutions for business expansion purposes has provided access to government grants, input supplies for about 10 years Ensures strict compliance with government guidelines on farming, improved seedlings importation, development and distribution to registered farmers Creates production of daily and periodic cost and cost statements this has impacted positively on key decisions Interprets the statistical and accounting information to appraise operating results in terms of cost, budgets, and policies of operation, trends and performance of individual crop (yield), turnover of products and profitability Procurement and importation of materials, fruits and allocation of same to various depots for effective sales and distribution achieving above the set turnover and revenue targets Client account management across depots with analytical performance monitoring and measurement Reports monthly operating performance against targets and budget General administration, management and control of business operations--

Osun State Polytechnic,Iree Nigeria 03/1999 - 03/2005
Iree, Osun, Nigeria
Degree: Bachelor's Degree
Major:Accountancy
Minor:Business Management
Higher National Diploma in Accountancy at Upper Credit level of 3.07GPA

Olufemi Fayemi Accounts and Administration