Michael Abe Email & Phone Number

Nigeria

• Enhanced cash flow management strategies through inter-departmental integration thereby reducing monthly borrowing costs by $500k.• Developed and implemented policies to mitigate financial risks up to $5m monthly by introducing third-country payment processes and aligning physical invoices with SAP FK03.• Established an internal training unit, enhancing colleagues' reporting, document management, and compliance skills, resulting in significant time and cost savings equivalent to $100k quarterly, boosting overall efficiency.

Nigeria

• Led the implementation focusing on managing hospitality and ancillary costs to safeguard against prior reputational fines that amounted to USD 120k by boldly rejecting probable cause. • Coordinated deliverables for PwC auditors, establishing reliance on internal controls and providing vital support integral to 20% of the financial terms of the engagement contract.• Enriched control documentation templates to meet ENI's global standards, facilitating real-time access for ENI DINAU central internal control usage.• Turn around losses in community benefits schemes by introducing a fraud detection unit, saving an estimated $2M through fraud prevention and improved accountability in a single project.

Nigeria

• Team member on first-time adoption of IFRS, saving the company approximately USD 250k in costs. • Performed SAP and other financial reporting systems, ensuring accuracy and efficiency. Developed comprehensive budgeting and forecasting models, improving financial planning accuracy.• Prepared detailed financial reports for senior management, supporting strategic decision-making. Led initiatives to enhance reporting tools and processes, increasing efficiency and data reliability.

Nigeria

• Coordinated the recovery of outstanding revenues of approximately USD 14M through a daunting 7-year back audit of intercompany transactions.• Managed invoice certification for parent company services, ensuring accuracy and timeliness in transfer pricing processes. • Assisted in the development of internal control frameworks, strengthening financial governance. Collaborated with internal and external stakeholders to resolve accounting issues and improve processes.

International Mineral Extractives

Bsc, Economics

Associate'S Degree, Accounting And Finance, Aca

Chartered accountancy course

Associate Chartered Accountant (Aca), Accounting, Finance And Business/Management