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Efoma Timothy CV

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Objective
Professional Skills Summary
Key Skills and Competences
Information TechnologySkills
To obtain a position that fully utilizes my experience and abilities.
A successful professional with 20 years proven work experience, out of
which 10 years was spent at managerial level. My professional
background equipped me with the ability to provide effective and timely
report of corporate financial data to assist in strategic business decisions.
A sound understanding of the month end process. Having excellent
communication skill and able to build strong relationships both within and
outside of Accounts and finance department as well as effectively
communicating financial information to non-finance colleagues.
Organized with excellent attention to details. Possessing strong financial
control and reporting skills and meticulously ensuring that all statutory
and corporate obligations/deadlines are met.
 Strategic business planning
 Budgeting and budget forecasts
 Cash Flow projections and forecasting
 Project management and Cost control
 Group Accounts consolidation
 Financial Reporting and Financial analysis report
 Business valuation report
 Corporate restructuring and Change management
 Internal control development and monitoring
 Compliance and Risk Management
 Performance measurement
 Tax planning, computation and rendition
 Forensic audit and investigations
Competent usage of the following I.T. packages:
 SAGE DacEasy Accounting
 SAGE Evolution
 SAGE Premium Accounting U.S. Edition
 QuickBooks Pro
 QuickBooks Enterprise Edition
 Microsoft suites(Excel, word & Power Point)
Work Experience/History
EFOMATIMOTHY OGHENERUEMU
CHARTERED ACCOUNTANT
23B OWHOCHUKWU STREET, OFF AKER ROAD, RUMUOLUMENI,
PORT HARCOURT
GSM: 08106162762 & 08023300867. E-mail: timothy.efoma@gmail.com
E-MAIL: timothy.efoma@gmail.com
PRIME ROSE (Accounting Solution Consultant) PH 2012 to date
Position: Consultant
Duties:
Installation, customization and report design of SAGE Premium and
Complete Accounting US Edition to small and medium size clients and
training of their Accounts personnel.
Major Achievements:
Setting up of accounting system from scratch for companies. Conversion
from manual system to computerized system.
Chart of account customization in compliance with IFRS for SMEs and
adequate training for effective implementation.
MODANT MARINE LIMITED Port Harcourt 2005 - 2012
Watercraft Services Ltd
Modant Seabulk Ltd
Position: Chief Accountant
Major Duties:
 Supervision of Accounts/Stores staff including subsidiaries Head
of accounts
 Monthly and annual publishing of the parent and Group financial
statements.
 Local and International loan deals packaging
 Cash Flow Projection and Forecasting on new and existing
projects
 Annual budget preparation and monthly budget variance report
 Formulation of Corporate Financial strategy
 Relationship Management with Banks, Insurance, Tax authorities
and other statutory bodies
 Risk assessments and development of internal controls
 Preparation of various management reports for strategic decision
making
 Reports to Executive Director, Finance & Accounts.
Major achievements:
Substantial reduction in cost of materials after audit forensic investigation
and cost control in material purchases and issues to production. More
than 20% reduction was achieved in 2008 compared to 2007 figure on
cost of sales.
Other Places worked
Substantial tax savings was recorded on capital gains tax after disposals
of some Marine assets, finance lease agreements and accounts
classification due to tax planning.
Successful packaging of a Term loan deal with our banker to finance a
new project. An overdraft facility was also successfully packaged.
Elimination of annual maintenance fee of N1m on accounting system.
STARZS INVESTMENTS LTD, Port Harcourt. 2002 – 2004
Position: Chief Accountant
Duties:
 Similar to that of Modant Marine Ltd
Reports to Managing Director
Major Achievements:
Improved accuracy of accounting processes by automating the manual
system with SAGE DacEasy accounting software.
Successful packaging of an international loan deal with Deutsche Bank,
London for Mobil contract: supply and operation of anchor handler tug
boat.
Preparation of the company manual for internal control procedures and
accounting processes.
Elimination of accountancy fee charged by the auditors annually.
Beta Computers Ltd, Lagos. 2001 – 2002
Position: SYSTEM ACCOUNTANT
Genesis Worldwide Shipping Ltd, Lagos. 1999 – 2001
Position: ACCOUNTANT
Angels Computers Ltd, Lagos. 1995 – 1999
Position: Accounts Officer
Niger Offshore Services Ltd, Lagos. 1991 – 1995.
Position: PAYROLL CLERK
Education
Training
Hobbies
Sex
Date of Birth
Place of Birth/LGA
State/Nationality
Marital Status
Last Salary Amount
Referees
The Chartered Institute of Taxation of Nigeria: Associate Member.
ACTI – November 2011.
The Institute of Chartered Accountants of Nigeria: Associate Member.
ACA – November 2006.
James Welch Grammar School, Emevor, Delta State, Nigeria.
O Level WASC/GCE 1984/5. 7 Credits in 2 sittings
International Financial Reporting Standards – IFRS Conversion Training
ICAN. April 16 – 20, 2012.
Sage PASTEL Evolution End User Training
Dafinone Consulting Ltd. July 2011.
Forensic Accounting Certification Training Module 1
ICAN. September 2009.
Swimming
Nature Studies
Male
April 22, 1968
Emevor, Isoko North LGA
Delta, Nigerian
Married
N486,746.00 Gross per month
Sam O. Osayomwanbor, FCA. Assistant Director Audit,
Federal Medical Centre, Owerri
Tel: 08033410742
Kwabena Achampong. Managing Director
Modant Marine Ltd
5. St Anna Lane, Iwofe, Rumuolumeni
Port Harcourt
Tel: 08033030768
Ad

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Efoma Timothy CV

  • 1. Objective Professional Skills Summary Key Skills and Competences Information TechnologySkills To obtain a position that fully utilizes my experience and abilities. A successful professional with 20 years proven work experience, out of which 10 years was spent at managerial level. My professional background equipped me with the ability to provide effective and timely report of corporate financial data to assist in strategic business decisions. A sound understanding of the month end process. Having excellent communication skill and able to build strong relationships both within and outside of Accounts and finance department as well as effectively communicating financial information to non-finance colleagues. Organized with excellent attention to details. Possessing strong financial control and reporting skills and meticulously ensuring that all statutory and corporate obligations/deadlines are met.  Strategic business planning  Budgeting and budget forecasts  Cash Flow projections and forecasting  Project management and Cost control  Group Accounts consolidation  Financial Reporting and Financial analysis report  Business valuation report  Corporate restructuring and Change management  Internal control development and monitoring  Compliance and Risk Management  Performance measurement  Tax planning, computation and rendition  Forensic audit and investigations Competent usage of the following I.T. packages:  SAGE DacEasy Accounting  SAGE Evolution  SAGE Premium Accounting U.S. Edition  QuickBooks Pro  QuickBooks Enterprise Edition  Microsoft suites(Excel, word & Power Point) Work Experience/History EFOMATIMOTHY OGHENERUEMU CHARTERED ACCOUNTANT 23B OWHOCHUKWU STREET, OFF AKER ROAD, RUMUOLUMENI, PORT HARCOURT GSM: 08106162762 & 08023300867. E-mail: timothy.efoma@gmail.com E-MAIL: timothy.efoma@gmail.com
  • 2. PRIME ROSE (Accounting Solution Consultant) PH 2012 to date Position: Consultant Duties: Installation, customization and report design of SAGE Premium and Complete Accounting US Edition to small and medium size clients and training of their Accounts personnel. Major Achievements: Setting up of accounting system from scratch for companies. Conversion from manual system to computerized system. Chart of account customization in compliance with IFRS for SMEs and adequate training for effective implementation. MODANT MARINE LIMITED Port Harcourt 2005 - 2012 Watercraft Services Ltd Modant Seabulk Ltd Position: Chief Accountant Major Duties:  Supervision of Accounts/Stores staff including subsidiaries Head of accounts  Monthly and annual publishing of the parent and Group financial statements.  Local and International loan deals packaging  Cash Flow Projection and Forecasting on new and existing projects  Annual budget preparation and monthly budget variance report  Formulation of Corporate Financial strategy  Relationship Management with Banks, Insurance, Tax authorities and other statutory bodies  Risk assessments and development of internal controls  Preparation of various management reports for strategic decision making  Reports to Executive Director, Finance & Accounts. Major achievements: Substantial reduction in cost of materials after audit forensic investigation and cost control in material purchases and issues to production. More than 20% reduction was achieved in 2008 compared to 2007 figure on cost of sales.
  • 3. Other Places worked Substantial tax savings was recorded on capital gains tax after disposals of some Marine assets, finance lease agreements and accounts classification due to tax planning. Successful packaging of a Term loan deal with our banker to finance a new project. An overdraft facility was also successfully packaged. Elimination of annual maintenance fee of N1m on accounting system. STARZS INVESTMENTS LTD, Port Harcourt. 2002 – 2004 Position: Chief Accountant Duties:  Similar to that of Modant Marine Ltd Reports to Managing Director Major Achievements: Improved accuracy of accounting processes by automating the manual system with SAGE DacEasy accounting software. Successful packaging of an international loan deal with Deutsche Bank, London for Mobil contract: supply and operation of anchor handler tug boat. Preparation of the company manual for internal control procedures and accounting processes. Elimination of accountancy fee charged by the auditors annually. Beta Computers Ltd, Lagos. 2001 – 2002 Position: SYSTEM ACCOUNTANT Genesis Worldwide Shipping Ltd, Lagos. 1999 – 2001 Position: ACCOUNTANT Angels Computers Ltd, Lagos. 1995 – 1999 Position: Accounts Officer Niger Offshore Services Ltd, Lagos. 1991 – 1995. Position: PAYROLL CLERK
  • 4. Education Training Hobbies Sex Date of Birth Place of Birth/LGA State/Nationality Marital Status Last Salary Amount Referees The Chartered Institute of Taxation of Nigeria: Associate Member. ACTI – November 2011. The Institute of Chartered Accountants of Nigeria: Associate Member. ACA – November 2006. James Welch Grammar School, Emevor, Delta State, Nigeria. O Level WASC/GCE 1984/5. 7 Credits in 2 sittings International Financial Reporting Standards – IFRS Conversion Training ICAN. April 16 – 20, 2012. Sage PASTEL Evolution End User Training Dafinone Consulting Ltd. July 2011. Forensic Accounting Certification Training Module 1 ICAN. September 2009. Swimming Nature Studies Male April 22, 1968 Emevor, Isoko North LGA Delta, Nigerian Married N486,746.00 Gross per month Sam O. Osayomwanbor, FCA. Assistant Director Audit, Federal Medical Centre, Owerri Tel: 08033410742 Kwabena Achampong. Managing Director Modant Marine Ltd 5. St Anna Lane, Iwofe, Rumuolumeni Port Harcourt Tel: 08033030768