IBRAHIM OLAMIDE BELLO

Experience

• 

  Taye Adeyanju and co chartered Accountant

  Oct 2016 - Jul 2017

  Audit Trainee

  Analysing of sales Invoices to test for completeness of transactions. Analysing of aging and current receivables. part of the team that did the end of the year stock count.Part of Audit team that did physical non current asset counts to test the existence of the assets using floor to sheet or sheet to floor method.

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  Aldawah Corner and integrated Limited

  Jan 2017 - Dec 2017

  Account Officer

  Preparation of Management Account.Preparation of receivables and payables reports.Inventory management.Management of petty cash.Sound reconciliation of figures

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  BELOXXI INDUSTRIES LIMITED

  Jan 2018 - Apr 2021

  Experienced in product costing and pricing.provide insights on the current cost and ensure accurate analysis to help management in making decision.Experienced in production analysis to determine the capacity utilization.Computation of overheads absorption cost .Ensure constant reduction of production cost by continiusly analysis and investigating materials price and usage variance.Initiate internal controls to monitor critical areas of financial controls to ensure preventive and corrective actions to address risk.• Timely prepared the monthly and annual financial reports to assist management in operational planning and key decision making.• Initiated internal controls to monitor critical areas of financial control and devised preventive and corrective actions to address risks and deficiencies.Handled the annual budgeting process and profit forecasts preparation.Ensured constant reduction in production cost by continuously analyzing and investigating material price and usage variances.Comparison of actual production costs with standard costs and preparation of materials purchase price, usage and yield variances and labor utilization variancesEstablished and continuously reviewed the bill of material for product costing and pricing. Ensured compliance with all tax regulations.• Provided Factory management with information on Product costing specifying and comparing factors affecting prices of products.• Preparation of standard of costs and periodic review, for all inventories taking into consideration landed costs, import duties, clearing charges and transportation costs.• Managed Factory cost centers, cost elements, and production planned orders on SAGE.• Prepared the monthly detailed analysis of production costs of Manufactured Goods in terms of raw materials, labor and production overheads and determination of unit costs. Conducted end of month processing including closing and opening of new accounting period. Show less • Timely prepared the monthly and annual financial reports to assist management in operational planning and key decision making.• Initiated internal controls to monitor critical areas of financial control and devised preventive and corrective actions to address risks and deficiencies.Handled the annual budgeting process and profit forecasts preparation.Ensured constant reduction in production cost by continuously analyzing and investigating material price and usage variances.Comparison of actual production costs with standard costs and preparation of materials purchase price, usage and yield variances and labor utilization variancesEstablished and continuously reviewed the bill of material for product costing and pricing. Ensured compliance with all tax regulations. Show less

  • COST/FACTORY ACCOUNTANT

    Jul 2018 - Apr 2021

  • Senior Cost Accountant

    Jul 2018 - Apr 2021

  • Senior Accountant

    Jan 2018 - Apr 2021
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  MULTI PRO CONSUMER PRODUCTS LIMITED-TOLARAM GROUP

  May 2021 - Aug 2022

  Senior Accountant

  • Developed and managed accounting system and policies and identified opportunities for improvement.• Maintained and reconciled balance sheet and general ledger accounts.• Verified, allocated and reconciled accounts receivables and payables.• Prepared monthly management report, Budget, and forecast to aid business planning.• Supervised team of accounting associates.• Planned, assigned, and reviewed associates’ work.• Ensured timely remittance of all Tax related issues.• Ensured Management Accounts prepared conform with International Financial Reporting Standards(IFRS) in terms of recognition, classification, and measurement.• Extensive analysis of financial statements for decision making.• Proper review of monthly payroll Show less