Hammed Quadri

Experience

• 

  Buloret International Dredging Company

  Apr 2011 - Dec 2014

  Accountant

  • Prepared various books of accounts by managing financial records, analysing financial information, and ensuring compliance with accounting regulations.• Conducted bank reconciliation activities to ensure accuracy in financial statements.• Managed customer invoicing processes to facilitate timely payments and enhance cash flow.• Liaised with regulatory agencies to ensure compliance with legal and financial requirements. • Developed and maintained strong banking relationships to streamline financial transactions and operations. • Collaborated with the host community and other third-party organizations to foster positive relationships and achieve organizational goals. Show less

• 

  Digital Derivatives

  Dec 2014 - Mar 2016

  Accountant

  • Successfully prepared management accounts and facilitated decision-making processes.• Conducted bank reconciliations to ensure the accuracy of financial records.• Effectively managed charts of accounts and approved vouchers, minimizing errors and discrepancies.• Conducted thorough reconciliations of account payables and receivables, ensuring timely payment, and reducing delinquencies.• Efficiently managed petty cash for day-to-day operations, maintaining financial stability and reducing expenditures.• Implemented budget and budgeting controls, ensuring adherence to financial plans and goals.• Skilfully managed third-party relationships, maintaining positive partnerships and ensuring successful outcomes. Show less

• 

  Neimeth International Pharmaceuticals Plc.

  May 2016 - Jul 2022

  • Spearheaded treasury management activities to ensure the effective allocation of funds for business operations.• Managed loan and facility operations to optimize financial resources and minimize cost.• Successfully sourced forex for importing needs and building strong relationships with banking and financial partners.• Facilitated the opening of Letters of Credit and other import finance sources such as CBN MSME Import window and Telegraphic Transfer (TT).• Supported the preparation of monthly Management accounts in line with IFRS and liaised with external auditors for the year-end audit activities. • Ensured all accounts were reconciled, schedules reviewed, and accounts payable and supplier-related reconciliation were managed efficiently.• Demonstrated expertise in inventory management and costing of various product lines to analyse capital budgeting requests.• Proven ability to set up accounting systems for new businesses, with excellent knowledge of SAP-B1 ERP and Sage Accounting software.• Coordinated monthly payroll functions for 200+ employees, ensuring timely and accurate processing. Show less • Executed approved costing techniques across product lines to ensure accurate financial reporting.• Analysed costing variance and implemented approved management actions to improve profitability.• Processing suppliers' invoices and managed account reconciliation to ensure timely payment and accurate financial records.• Managing all production sections of the final account to ensure accurate reporting. • Support preparation of monthly Management Accounts in line with IFRS to provide valuable financial information to management.• Maintained responsibility to external auditors for the year-end audit to ensure compliance with accounting standards and regulations.• Ensuring all accounts are reconciled and relevant schedules are reviewed to maintain accurate financial records.• Managed accounts payable and all suppliers-related reconciliation to ensure timely payments and accurate financial records.• Implemented effective Inventory management strategies to optimize inventory levels and reduce costs.• Prepared and analysed budgets to support financial planning and decision-making processes. Show less

  • Head of Treasury

    May 2020 - Jul 2022

  • Plant Accountant

    May 2016 - May 2020
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  Future Connect Accountants

  Jun 2023 - now

  Accountant

  • Basic bookkeeping using Sage 50, QuickBooks and Xero• Handling accounts payable and accounts receivable processes.• Monthly reconciliation of supplier and customer statements.• Entering, posting, and printing invoice and credit note batches on the ledger.• Preparing monthly CIS returns and managing contractors and sub-contractors.• Monthly reconciliation of aged creditors to creditors control account.• Dealing with Making Tax Digital (MTD) on various software platforms like Sage 50, QuickBooks, and Xero.• Weekly reconciliation of all payments with bank statements.• Managing multi-currency transactions, direct debits, and allocations.• Posting wages journals and maintaining Balance Sheet schedules (Prepayments, Accruals, Fixed Asset Register).• Recording and posting fixed assets additions, disposals, and monthly/quarterly depreciation journals.• Reconciling supplier statements and resolving discrepancies with suppliers.• Monitoring Purchase Ledger with weekly aged creditor reports and clearing debit balances.• Timely and accurate payment of suppliers within agreed credit terms, issuing supplier remittances.• Handling TAX, NI, PAYE, SSP, SPP, SMP, RTI submissions, and Pension Schemes using Sage 50 Payroll.• Processing P45, starter checklist, and P60 information.• Managing weekly payroll for clients, including commission calculations and deductions.• Overseeing the absence recording system for holidays, sickness, and other absences.• Authorizing, coding, posting, and adding invoices to the payment run promptly upon receipt. Show less