Dare Alabi, Aca, Acti, Acca Dipifr Email and Phone Number

Formulate financial strategy for the organization.Manage day to day financial activities of the businessAnchor the company's budgeting process (Budget preparation, budget monitoring, forecasting & budget implementation).Produce financial reports and analysis of monthly management accounts including periodic presentation to the Board of DirectorsFormulate financial policies that guides the organization's financial operations.Advise the management on Investment decision.Manage cash flows, working capital and liquidity.Drive cost control strategy by monitoring and optimizing operational costs and finding opportunities for increased efficiency.Identify, assess and manage risks of the entity.Ensure compliance with laws and regulations in the operating environment of the organization. Manage & Supervise the finance team.

Financial reporting and controlRegulatory reporting (NAICOM & CBN)Budget development, forecast, implementation and budgetary controlReviewing, examining and analyzing accounting records, financial and non financial informationEngaging with External Auditor on Annual Audit

Manages and supervises the accounts payable (AP) unit including but not limited to: vendor relations and management, invoice entry and processing, disbursement and departmental reporting, and compliance with organizations policies.Liaise with various bank where company accounts are maintained.Ensures accuracy and timeliness of postings all AP transactions and related GL accountsReconciliation of key vendors accounts and ensure that all activities are being performed in accordance with Service Level Agreements (SLA's).Review monthly bank reconciliation statements for assigned bank accountsto find out differences in company’s record and the bankPrepare and remit Value Added Tax(VAT), PAYE and Withholding Tax in line with relevant tax laws.Prepare creditors Age Analysis reportPreparation of weekly/monthly cash budgetReview Daily Fund Position of the company.Investigate and resolve issues associated with the processing of purchase orders and invoices.Develops, implements and maintains systems, procedures and policies, including accounts payable functions to ensure adherence to company guidelines.Cash flow ManagementPerform Analysis of financial information. Manages monthly close of AP module in ERP including postings of month end information, ensuring accuracy of financial statements related to AP and related accruals.Maintain and update all account payable data and ensure accuracy in general ledgers.Manages the resolution of issues escalated from team members.Manages payroll and statutory deductionsManages requests from internal and external auditors and Tax Authorities.

Prepared Management Performance Report and profitability for all branches to aid management decision making. Anchored the preparation of the yearly budget and forecast towards the organization’s goals and objectives. Prepared monthly, quarterly and yearly financial report and variance analysis Performed cost-benefit analyses to compare operating programs, reviewed financial requests and explore alternative financing methods. Analyze financial performance and making long term forecastReconciled financial discrepancies by collecting and analyzing account information Prepared Analysis of non financial and financial information. Managed month and year-end account process Prepared weekly and a monthly report showing analysis of financialAccounts, identifying and recommended modifications to existing procedures to improve operational efficiency. Maintained Non-Cuurrent Asset schedule Filled returns to NAICOM, SEC, NSE and other regulatory bodies on a monthly, quarterly and annual basis as statutory compliance.Liaised with internal and external auditors as required for the annual financial statement audit

Undertook complex Broker/Agent reconciliations monthly to ensure balances are in agreementMaintained accurate records of receivables ledger in ensuring that customers financial records are updatedReconciled sub-Ledger accounts with agent’s statements of accounts for control purposes.Monitor outstanding invoices and ensured prompt debt recoveryRaised and posted reconciliation Journals to effect corrections, bank charges expenses & Income.Handled disputed accounts, negotiated re-payment plans into line with termsPrepared ageing analysis report with provision for doubtful and bad debt for credit risk evaluation and customers’ financial reliability.Worked closely with the underwriting department to formulate policies that will bring about more effective administration processes. Filled returns to relevant authorities on premium collection, production and trade receivables in compliance with statutory requirements. Ensured compliance with all relevant internal and external insurance policies and regulations.Ensured prompt resolution of customer complaints in conjunction with partners unit.Any other duties as directed by the Head, Credit Control

• Prepared monthly Bank Reconciliation Statements • Processed agency commissions, co-insurance, facultative re-insurance, refunds and other dues.Developed and processed account Journal entries.Prepared and submitted weekly/monthly reports.Completed accounting for and maintained list of special agency commission programs.Facilitated agency commission reporting Performed daily and monthly sub-ledgers account reconciliations.

Lodged monies into banks.Prepared petty cash book.Kept daily petty cash recordsInspected clients’ subject of Insurance

Prepared agency commissions and business acquisition cost.Prepared co - insurance premium.Prepared bank reconciliation statements