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ELKANAH OLALERE

ELKANAH OLALERE

SENIOR FINANCE MANAGER
Lagos, Lagos

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About ELKANAH OLALERE:

Elkanah is a professional and proficient team member with an excellent attitude, good team spirit and result oriented.  

My career objective is to contribute effectively and efficiently to corporate goals, using my professional skills in organization where hard work is recognized and rewarded.

Experience

Elkanah is a professional and proficient team member with an excellent attitude, good team spirit and result oriented.  

My career objective is to contribute effectively and efficiently to corporate goals, using my professional skills in organization where hard work is recognized and rewarded.

 

 


 

CORE PROFICIENCIES

                                                                                                          

 

  • Reconciliations and Critical Investigations
  • Cost analysis and budgeting
  • Working knowledge of tax laws, GAAP and IFRS
  • Good use of Microsoft Office (Word, PowerPoint and Excel)
  • Strong financial analysis skills
  • Strong written and verbal communication skills
  • Strong organization and stress management skills
  • Ability to train, supervise and manage staff
  • Ability to work with little or no supervision

 


 

PROFESSIONAL EXPERIENCE

 


 

Dangote Cement Transport, Ibese Plant, Ogun State                                                                                        July. 2022 to Date

Accountant/ Senior Finance Manager

 

Key Responsibilities

  • Preparation of corporate financial reports for DCP Nigeria to aid management  decision making  ensuring compliance with regulatory standards.
  • Spools Trial Balance from SAP on a periodic basis for preparation of financial statement and preparation of other management reports
  • Performs month end closing activities before period close
  • Prepares monthly and quarterly financial statement reports under IFRS for four Nigeria subsidiaries using information generated from SAP
  • Support during quarterly preparation of Consolidated Interim Financial Statements
  • Ensure transactions are promptly and accurately booked in the transactional systems through communication with different process owners.
  • Engage with external auditor during statutory and group audit, preparing audit file and providing relevant schedules that ties with the trial balance and other supporting documents.
  • Review of Management letter points from the external auditors and liaising with management for actions needed to address issues raised
  • Prepares monthly trend analysis of trial balance line items and explanation of the variances using financial information generated from SAP
  • Review of trial balance for reasonableness, investigation of unusual entries and correction of wrong entries and omission for reliability and accuracy of financial data
  • Prepares monthly forex exposure reports and month end closing activities.
  • Provides support during the Tax filing and submission of NEITI Audit
  • Collaborates with different internal stakeholders in migrating new subsidiaries to SAP

 

 

 

 

 

 

Globacom Limited, Lagos                                                                                                                                                May.2012 to June 2022

Accountant

  • Coordinated accounting functions and programs in the chairman’s office.
  • Supervised all Vendor Payment Unit & Trade services functions of the Account Payables (including Huawei, ZTE, Ceragon, Mast Projects, Gemalto S.A etc.)
  • Prepared financial analysis and reports.
  • Prepared Monthly cost variance analysis for management review.
  • Liaised with banks and regulatory authorities such as Nigeria Custom Service, NIBSS, NCC.
  • Obtained accurate Check List and check all documents to avoid errors, identify missing documents, and/or identify potential issues. Opening of form M / LC Application to import.
  • Handled timely order execution & documentation like Pre & Post shipment documents.
  • Managed customs documentation for clearing and forwarding.
  • Liaised with accredited clearing agent for the clearing of goods at destinations Apapa, Tin can Island, and airport as the case may be.
  • Liaised with the shipping company on all issues with consignment.
  • Administered import procedures and documentation and effective liaison with Nigerian Customs / Logistics.
  • Managed demurrages, port charges within specified norms.
  • Managed the seamless movement of the consignments to the destination.
  • Liaised with Port authorities & customs officials, monitoring compliance to regulatory requirements, and maintaining requisite papers & documents.
  • Coordinated with Port Authorities for various requirements connected to the vessels handling at the ports.
  • Renewed of relevant licenses for all company imported listed items and should be conversant to the procedures
  • Obtained assessment in one day after Pre- Arrival Assessment Report PAAR and rotation number is allotted.
  • Followed up with approved clearing agents to ensure timely clearance.
  • Applied and get refunds shipping & container deposits etc.

 

                                                                                                                      

Equipment Solutions & Logistics Services Ltd                                                                                          Oct 2009 – April. 2012 

Auditor

  • Ensured the integrity of business operations and adherence to the Company code of ethics.
  • Conducted stock counts on materials delivered to site as per request 
  • Reviewed adequacy of the internal control and reporting of control lapses to management.
  • Carried out spot checks on departments as assigned by Head of Internal Audit
  • Carried out investigation as may be instructed by management.
  • Participated in conducting audit assignments.
  • Assessed the adequacy of policies and processes.
  • Reviewed business processes and operations to ascertain that they are in line with procedures and best practice.

 

Volunteer Activities       

 

Member, Student in Free Enterprise (SIFE)                                                                                                        2008 

 

Skills

 

  • Good use of SAP accounting Package
  • Good use of Microsoft office suites
  • Basic Knowledge of Peachtree Accounting Package.
  • Excellent Leadership and interpersonal skills

                                                         

 

 

 

 

Education

 

Academic Qualification  

  • Obafemi Awolowo University

Master of Business Administration                                                                                                                     In view

  • Obafemi Awolowo University                                                                                                                                                                                                                                                                                       2003-2008

B.Sc Hons (Second Class Upper Division)                                                                                                                          

  • Muslim Commercial High School, Ola-Ejigbo

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