Financial Accountant
Current• Successfully minimized the company's tax liability by ensuring the timely remittance of VAT on sales ensuring precise computations using incremental tax rates and timely remittance of staff PAYE to avoid penalties. • Undertook a comprehensive update of the company's Fixed Asset Register (FAR) in accordance with IFRS standards by implementing appropriate classifications, accurate valuation methods, revaluation of assets, and proper disposal procedures.• Generated insightful cash flow reports by categorizing expenses based on operating activities, investing activities, and financing activities and monitored the company's cash position and its ability to meet obligations as they arise.• Prepared detailed company management accounts, assessing financial performance through the identification of trends and patterns, and calculating relevant ratios for strategic decision-making.• Produced meticulous variance reports to evaluate divisional performance against budget, contributing to enhanced forecasting accuracy, reduced avoidable expenses, and improved fund efficiency.• Supervised impromptu inventory counts to ensure the completeness and existence of inventory, reinforcing robust inventory management practices.