John Benard Abah, FMVA®,ACA
Accountant at Rainoil Limited- Claim this Profile
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Bio
Experience
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Rainoil Limited
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Nigeria
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Oil and Gas
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200 - 300 Employee
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Accountant
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Jun 2023 - Present
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LPG Accounts Executive
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Sep 2020 - Jun 2023
1. Handling all LPG Retail accounting tasks and general ledger administration by tracking and reconciling daily sales on the accounting application with lodgments and transactions as they occur.2. Daily market/price survey and analysis to advise on appropriate selling prices across LPG Plants to ensure effective competition. 3. Proper stock analysis and reconciliation by comparing product supplies and sales across LPG Plants to ensure zero operational shortage.4. Processing of LPG Plants payment requests and imprest reimbursement as well as ensure proper ledger postings on the accounting application by the responsible officer.5. Preparing all LPG periodical financial and performance reports and analyzing same for management use.6. Detailed margin analysis using the product landing cost to ensure the plants always sell at the right profit margin.7. Managing vendor billing and disbursements while assessing performance and ensuring strict compliance to company standards and SLAs.8. Managing customer accounts to ensure all sales and dispatches are properly effected on the accounting application while assisting to ensure a smooth flow of operations from sales to dispatch. 9. Engaging LPG customers for bulk sales. Show less
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Still Earth Capital Finance
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Nigeria
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Financial Services
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1 - 100 Employee
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Accountant
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Dec 2019 - Sep 2020
1. Prepares financial reports in line with IFRS, by collecting, analyzing, and summarizing account information and trends. 2. Investment analysis and preparation of investment advice in line with the applicable rates and tenor. This improved customer confidence and in turn, the number of fixed deposits customers. 3. Collecting and analyzing customer accounts information on monthly basis. This helped to eliminate the incessant issues of inactive accounts and incomplete payments. It also helped to put income generation from penal charges in check. 4. Detailed analysis of customers credit worthiness and monitoring the disbursement of loans after all approvals are in place. Achieved a significant reduction in bad debt and non-performing loans between Q3-2019 and subsequent quarters. 5. Detailed analysis of quarterly financial reports for filing with CBN. 6. Weekly bank reconciliation to ensure the general ledger balances always agree with bank balances. 7. First level authorizer for funds transfer on the NIBSSPAY platform before Executive Management approval. 8. Managing vendor billing, processing payments and recording same upon management approvals. Show less
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Standard Research Consults
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Federal Capital Territory, Nigeria
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Freelance Analyst and Writer
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Aug 2018 - Dec 2019
1. Analysis and interpretation of primary and secondary data for research reports 2. Writing undergraduate and postgraduate research projects. 3. Preparing seminar papers and presentations on specified topics. 4. Business Plans. 5. Feasibility Studies. 1. Analysis and interpretation of primary and secondary data for research reports 2. Writing undergraduate and postgraduate research projects. 3. Preparing seminar papers and presentations on specified topics. 4. Business Plans. 5. Feasibility Studies.
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Education
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Benue State University
Bachelor's degree, Accounting