Babafemi Aina, Mba, Fcca Email & Phone Number

Abuja, Federal Capital Territory, Nigeria

Abuja, Nigeria

Abuja, Nigeria

- Managed the posting of daily financial transactions, determined accruals, prepayments and other journal adjustments which enhanced accuracy of accounts balances- Ensured the integrity of General Ledger accounts balances through reconciliations and preparation of relevant schedules- Compiled management and statutory accounts on ad-hoc and routine basis which facilitated management decision processes and timely filing of statutory reports- Compiled Corporation Tax, WHT and VAT, reconciled them and made timely returns, saving the company from penalties- Analyzed and explained variances between forecasts and actual results, thus ensured timely detection and correction of deviations- Coordinated the Accounts Payable and Accounts Receivable functions and resolved complex queries which facilitated compliance with company’s credit policies and customers / suppliers satisfaction

- Managed the Accounts Payable functions, and coordinated timely processing of inter-company and third party invoices- Reconciled and reviewed General Ledger accounts on monthly basis, this facilitated preparation of schedules for review and reporting to corporate head office, and useful to external auditors - Tested operational systems and recommended corrective internal control measures to facilitate compliance with Sarbanes-Oxley Act- Carried out feasibility analysis to guide management’s authority for expenditure (AFE) and ensure that only economically viable projects were embarked on and at the best costs- Maintained register of Fixed Assets updated monthly with depreciation computations, this guided acquisition and disposal decisions

- Member of the finance team that designed standard accounting and internal control systems for the companies in the group, resulting in improved reporting and internal control processes- Prepared weekly, monthly, and quarterly production, sales and cash flow forecasts for proper planning, which enabled timely identification of deviations of actual performance from forecast and prompt corrective measures where necessary- Kept proper books of accounts which facilitated timely decision making and remittance of statutory obligations

- Coordinated planning and review of statutory audit exercises, and ensured that audit assignments were carried out in compliance with standards and statutory requirements- Provided tax advisory services and filed tax returns for clients, thereby avoiding default and late statutory remittance penalties- Evaluated clients’ Internal Control Systems and made appropriate recommendations for improvements, this safeguarded clients’ assets from unauthorized access and utilization- Conducted systems audits and enquiries / investigations for clients on matters of interest, this enabled them to get to the roots of matters of interest for prompt actions

- Prepared audited financial statements and filed reports and returns with relevant regulatory bodies for clients, helping clients avoid penalties of late returns- Assisted clients in setting up simple, efficient and workable accounting systems that improved reporting and internal control- Carried out business and feasibility studies for clients which guided their investments in worthwhile projects

- Vouched clients’ financial transactions to source documents to ensure they were accurately recorded in ledger accounts- Verified the existence, valuation and beneficial ownership of clients’ assets to ensure accurate book values- Circularized clients’ bankers, debtors and creditors, ensuring that clients’ accounts balances were accurate

Mba, Financial Services

Bsc, Accounting

Fellow