Jacob Ogunrinde Mba, Acma, Email & Phone Number

London, England, United Kingdom

London, England, United Kingdom

London, United Kingdom

London, United Kingdom

Maidstone, Kent, United Kingdom

Orpington, London And Bournemouth

• Reporting to Finance Manager and carrying out Accounting functions across 2 bread producing plants (Walthamstow and Orpington) and a depot in Bournemouth
• Preparing/ Reviewing daily Recon Report used to reconcile daily stock levels (Averaging 0.5m Loaves) considering production run and sales (up to 4m Loaves a week) and follow up with bakery Operations teams on any.
• Timely and Accurately Preparing weekly P&L for the Senior team
• Detailed and rapid investigation of variances identified in the P&L by liaising with departmental heads and analysing of budgets
• Liaising with the Shared Service Centre- Accounts Services in case of errors in the ledgers established through a Peoplesoft Ledger line enquiry download
• Ensuring accurate accruals and prepayments go into the accounts including payroll journals, one off expenses and adjustment journals

London, United Kingdom

• Monthly Management Accounts; Preparing the P&L and Balance Sheet.
• Forecast and Budget preparation; Working with the Accountant and liaising with individual department in creating budgets and forecasts.
• Analysis of results Comparing actual result with the budget; establishing the variance, investigate them and report to the Management team
• Monitored the accrual process to ensure that cost are captured at appropriate times to avoid over or under stating the profits
• Tax preparation and remittance; VAT and the PAYE
• Supervised the preparation of the General ledger

Borehamwood

• Monthly Accounts preparation: Timely and accurately preparing the accounts and reporting on it to management
• Working Capital Management: Efficient running of the cash cycle; payables, receivables, cash budgeting and also petty cash system.
• Budget Preparation and analysis: Accurately setting efficient budgets and carrying out performance analysis, investigation of variance in results and efficient and timely reporting to Managements.
• Periodic Management Reports: Timely and accurate preparation of management reports including proactive recommendations from various analyses performed such as profits analysis and Variance analysis.
• Tax Matters: (VAT, PAYE, PIT) An effective management of tax matters/ correspondence with the HMRC.
• Business Plan Construction: Key player in the development of a business plan and effectively managing such projects from start to finish.

London, United Kingdom

• A food manufacturing company whose customers include Tesco, Marks and Spencer and Morrison, Responsibilities include;
• Updating of the weekly spreadsheet; with the Material, production and sales data
• Proper review of inventory; comparing standard and actual usage
• Using standard prices to evaluate the efficiency of actual materials’ prices
• Reviewed and analysed direct labour cost with the aim to determine variances.
• Frequently liaising with procurement for update on material purchased

• Preparation of Financial Accounts Maintaining an accurate record of accounts
• Management reporting for decision making Monthly preparation of a Sales Margin Analysis and Fuel Usage Schedule.
• Billing Accurate Preparation of the client’s invoice ensuring the use of appropriate standard charges and reviewing of charges from time to time in line with industry benchmarks.
• Taxation Effective management of tax affairs including maintaining a good relationship with the Inland Revenue.
• External relationships Establishing a positive relationship with clients on financial matters and a prompt liaison with bankers.

Mba, Finance

MBA

Bachelor Of Applied Science (B.A.Sc.), Accounting

BSc Applied Accounting

Acma, Accounting And Finance

Associate Menber- ACMA