Experience

JMG Limited

• Nigeria
• Oil and Gas
• 200 - 300 Employee

• Deputy Chief Credit Controller

  • Dec 2022 - Present

  • Responsible for coordinating and reporting on all activities of accounts receivable functions and ensure that it is completed in a proper and timely manner.• Manage client billing and collection activities; follow-up inquiries, negotiation with past-due accounts, referring collection issue to National Credit Controller.• Implement and ensure that Monthly Collection Budget is achieved.• Handle accounts reconciliation from identifying errors by applying appropriate accounting standards.• Ensure all files and documents are maintained accurately and thoroughly in accordance to company policy and acceptable accounting practices.• Verify invoices from stores and prepare pro-formal invoices for major clients.• Responsible for ensuring policies, procedures and internal control for AR processes as designed by the NCCM are adequately implemented.• Manage bad debt write-offs to planned goal and ensure that collection strategy has been completed on those account processed for write-off.• Assist the Credit Control Manager in developing, modifying and reviewing of credit & collection systems, reporting methods and controls.• Review collection reports to ascertain status of collections and balances outstanding and to evaluate effectiveness of current collection policies and procedures.• Audit delinquent accounts considered to be uncollectable to ensure maximum efforts have been taken before assigning bad debt status to account.• Regularly contacting customers to ensure all relevant debts are managed as necessary.• Assist the Credit Control Manager in Investigating and verifying financial status and reputation of prospective customers applying for credit, preparing documents to substantiate findings, and recommending rejection or approval of applications.• Assist the Credit Control Manager in establishing credit limitations on customer accounts and handles special credit arrangements and deviations from standard terms of payment.



Tropical General Investments (TGI) Group

• Nigeria
• Manufacturing
• 700 & Above Employee

• Accountant/Credit Controller

  • Jan 2014 - Dec 2022

  Trade Finance & Treasury: •Liaising with the CFO in managing bank facility portfolios•Ensuring accurate issuance of letters of credit (‘LC’) and bank guarantees•Managing all trade finance activities and treasury as applicable including Forex and investment. •Ensuring cash and bank balances are monitored and mobilized for the benefit of the Company. •Monthly review of all bank reconciliations•Securing finance lines from banks to finance trades and all other imports and Exports. •Inter-Branches, General Ledger & Inter-Banks Reconciliations, carrying out investigation & clearing all outstanding Items.•Working across the financial group to understand all matters relating to treasury management, including receivables, payables, FX, business performance, CAPEX.Accountant & Credit Control:•Updating Suppliers Ledger with New Invoices & Account Setoff, reconciling Vendors Advance Accounts•Processing withholding tax (WHT), VAT and Payroll Deductions. Follow-up with customers for WHT payment to FIRS•Apply payments to invoices in accordance with customer advice. Manages Account receivables•Ensure that all major accounts work in agreement to cash cycle and Periodic review of credit policy •Full administration of the credit policy•Payroll function to include deduction of PAYE and remit to relevant authority •Maintain contract DSO for customers and flag over-due invoices



O&J Energy A/S

• Denmark
• Appliances, Electrical, and Electronics Manufacturing
• 1 - 100 Employee

• Finance Officer

  • Mar 2010 - Dec 2014

  • Raise invoice and apply appropriate taxes• Inter-Branches & Inter-Banks Reconciliations, Carrying out investigation & clearing all outstanding Items • Updating Suppliers Ledger with New Invoices & Account Setoff• Reconciling ‘Vendors/ Suppliers’ Advance Accounts• Processing withholding tax (WHT), VAT and Payroll Deductions. Follow-up with banks for WHT receipt, credit note and evidence of filing of VAT with FIRS • Monitoring of staff advances and inform payroll of long outstanding cash advances for recovery from staff salaries • Processing all third party and internal vouchers, staff Expense claims as well as the coding of petty cash expenses & Payment of Allowances & Salaries • Fraud-Detecting, Controlling, Investigating Variances & Report to the Management• Bookkeeping of financial activities• Prepare financial statement (P or L, Balance sheet) etc.• Payroll function to include deduction of PAYE• Treasury function i.e. Raise checks ,cash payment and Deposits• Stock Keeping• Account Payables and Account receivables