Experience

Nestlé Central & West Africa Region

• Ghana
• Food and Beverage Services
• 100 - 200 Employee

• Costing Team Lead

  • Dec 2021 - Present



Nestle Central and West Africa Limited

• Accra, Ghana

• Regional Costing Specialist

  • Feb 2015 - Nov 2021

  Duties: Preparing Cost of Goods Sold at Month End for Income Statement. Subject matter expert (Transfer pricing) Global Nestle Transfer Price Group Calculation of Transfer Prices for Nestle Manufacturing companies in Africa. Preparing Costing annual Costing Budget for management. Preparation of departmental budget and dynamic forecast. Training stakeholders on costing best practices. Achievement: • With the responsibility given to me to monitor the department’s budget, I have ensured we are within our target for the year in terms of spending. • Creating a Standard Operation Procedure (SOP) to streamline and provide visibility of input for the calculation of transfer prices of finished goods. • Develop Standard Routines on the various processes in the calculation of Transfer prices. Show less



NESTLÉ BUSINESS SERVICES- ACCRA

• Accra

• Financial Accounting Supervisor

  • Oct 2011 - Aug 2015

  NBS Accra is a shared service center that provides financial and employee services to Nestlé Companies in Sub-Saharan Africa • Preparation of Financial Statement on Quarterly and Annual basis for Nestlé affiliate countries according to the Nestlé Accounting Standards and IFRS. • Drive the implementation of departmental plans and objectives to achieve the goals set out for the year. • Develop roadmap to expand scope of Accounting Operations to include additional processes and business units to ensure compliance at various levels of the business. • Provide support for both internal and external audits to ensure that issues raised are addressed and recommendations implemented. • Coach and develop the Accounting team to achieve their full potential through empowering programs and performance appraisals. • Lead the team to perform Accounting operations activities in an accurate and timely manner. Activities performed include: 1. Fixed Asset: Record Fixed Asset movements and run the depreciation as per Period End Closing timeline. 2. Bank Reconciliation: Bank reconciliation is performed on time and variances are resolved and corrections are booked accurately and on time. 3. Inter-Group (IG) Accounting: Initiate IG Confirmation, resolve IG Reconciliation items and variances. 4. General Ledger: Process Manual Journal requests and preparing accurate and timely account reconciliation and other reports. Identify and investigate unreconciled balances, differences in balances of various source and subsidiary ledgers and/or reports. Process all systematic posting. 5. Reporting: Ensures that required and ad hoc reports are submitted accurately within the agreed timeline. Show less



Nestlé

• Switzerland
• Food and Beverage Services
• 700 & Above Employee

• Financial Accounting Supervisor

  • Aug 2014 - Feb 2015

  - Implement structures and Best practices within the finance Department - Coaching and Training local accounting team on Best Practices and End to End Process - Improve the archiving system for accounting documents Achievement: Nestle Mali had issues with financial statement due to wrong accounting practices and the finance team not well trained on the accounting software been used by Nestle. Due to this effect Nestle Mali financials were always showing losses every year. With the support of the new Chief Finance Officer I was able to clean the various accounts and also train the team on the best practices. I trained the team how the accounting Software been used by the Nestle works. We were also able to retrieve several overpayment made to vendors. Nestle Mali started recording profit due to sound financial and other measure implemented by the new management. I was also able to help detect fraud committed by the some of the workers which I was able to help retrieve some of the monies. Show less



Nestlé Business Services Accra

• Accra

• Account Payable Analyst - Post Procurement

  • Dec 2008 - Sep 2011

  Processing of Invoice for payment: - Well versed with the end to end process of processing invoices for payment Goods Receipt and Invoice Receipt Analyses: making sure that all Goods Receipts are matched with Invoice Receipts to prevent any differences which would have an impact on the financial statement. Analyses of suppliers’ accounts: To indicate the payment status of invoices (not due, due and overdue). Running of payment to vendors and providing payment advices on invoices paid. Preparation of Reports for management decision making, which includes • Weekly cash forecast on payments. • Goods Receipt Invoice Receipt (GR IR) Report • Trade Payables at month end.  Successful implementation of Corporate Credit Cards Usage • Following up with Bank of issues concerning credit card usage • Reconciling of Credit card statement with card usage at month end. Achievement: Implement automatic payment run for local invoices that will due within 7day instead of waiting for greenlight from treasury department for the invoices to be paid. Also, I helped implement a new invoice receipt system from vendors, where invoices were submitted to the finance department instead of the requestor of the service. This was to avoid people keeping invoices with them and thereby reducing payment days of processing them. I was able to help reduce local overdue invoices by 60%. Show less