Hannah Egbetooki Aina
Lethbridge,AB
Summary
Results-driven Financial Analyst recognized for optimizing operational efficiency and achieving annual expense reductions of N10,000,000 at NICON Insurance Limited. Proficient in accounting software with a focus on team collaboration, leading to 99.9% accuracy in financial records and enhanced profitability. Core competencies include financial reporting, bookkeeping, and management of payable and receivable processes. Aiming to leverage extensive management experience in staff training and performance evaluation to drive continuous improvement and strategic budgeting initiatives.
Overview
17
17
years of professional experience
1
1
Certification
Work History
Asst. General Manager (Accounts) / Head of Accounts
NICON Insurance Limited
Abuja, Nigeria
12.2020 - 04.2024
- Collaborated with 10 department managers and peers to develop and implement policies, procedures and system that increased internal efficiency by 30%
- Eliminated recurring fines and penalties, saving the company Five Million Naira annually, by streamlining report submission processes to ensure 100% compliance with regulatory deadlines
- Prepared and analyzed monthly financial statements and reports, delivering strategic financial, business, and tax advice that resulted in a 20% increase in profitability and a N10,000,000 reduction in annual expenses
- Tracked and recorded expenses for a company with a N3.5 billion annual budget, reducing unaccounted expenses by 20%
- Performed monthly bank reconciliations for 4 major business accounts with an average of 500 transactions each
- Established a quarterly review system now used for continuous improvement
- Revamped company procedures to current standards and trained over 50 employees across different levels in the department
- Performed 100% of the functions stated under the Final and Technical Accountant Section below
Manager, Final & Technical Account / Head of Accounts
NICON Insurance Limited
Abuja, Nigeria
01.2016 - 11.2020
- Issued and processed over 200 invoices monthly, ensuring 98% payment collection within the due date
- Audited invoice processing for three-step process compliance, resulting in a 25% reduction in over payments
- Streamlined invoicing process, reducing payment delays by 25% and contributing to effective cash flow
- Managed accounts receivable/payable for over 150 clients monthly, reducing outstanding payments by 45% within 6 months
- Directed the annual budgeting process, aligning departmental goals with financial strategy, which encouraged accountability and transparency across 10 departments at the head office and 7 regions
- Championed comprehensive budget assessments across regional teams and corporate entities, implementing data-driven adjustments that boosted financial reporting accuracy and better decision-making processes for budgeting purposes across 10 departments
- Influenced accurate financial data for decision-making, supporting sales team in identifying profitable customer segments and increasing sales by 10% year-over-year
- Achieved a remarkable 99.9% accuracy rate in the maintenance of financial records through the implementation of rigorous verification processes, ensuring compliance with industry standards and reducing discrepancies by 90%
Business Development Officer, Accounts
NICON Insurance Limited
Abuja, Nigeria
11.2006 - 12.2015
- Generated significant cost savings by developing custom Excel payroll package that reduced company's expenses by Fifteen Million Naira in 2009 and continues to save approximately Six Million Naira annually
- Automated preparation of Worker’s Compensation monthly accrual, resulting in reduced preparation time by 60 hours monthly
- Reduced processing time for payroll reporting by 35% by consolidating five reports into one payroll dashboard
- Assisted in the preparation and filing of taxes for 6 consecutive financial years, helping reduce tax liabilities by 20%
- Restructured filing system for financial documents, reducing retrieval time by 30% and improving overall workflow efficiency
- Redesigned income tax reports with state and federal revenue boards, ensuring compliance with National Insurance Commission regulations, resulting in a Twenty Million Naira reduction in potential tax liabilities
Education
Masters, B. Sc., Dip 3, 1 Yrs, PGC - 1 Yr
World Education Service
WES05-2024
Master of Science - Finance
Nasarawa State University
Keffi, NigeriaBachelor of Science - Accounting
University of Abuja
Abuja, FCT, NigeriaHigher National Diploma - Banking & Finance
Federal Polytechnic
Ede, NigeriaNational Diploma - Banking & Finance
Lagos State Polytechnic
Isolo, Lagos, NigeriaSkills
- Experience with Accounting Software
- Tax Compliance Expertise
- Adaptability in Rapid Environments
- Microsoft Office Proficiency
- Bookkeeping & Payroll Administration Skills
- Audit and Reconciliation Proficiency
- Collaborative Team Development
- Budget Management
Certification
- Fellow of the Institute of Chartered Management Consultants, 03/01/23
- Fellow of the Chartered Institute of Bankers of Nigeria (FCIB), 10/01/22
- Nigerian Institute of Training and Development (MITD), 06/01/22
- Fellow of the Institute of Chartered Accountants of Nigeria (FCA), 04/01/22
- Chartered Professional Accountant (CPA) BC, Canada, 09/01/20
- Certified General Accountant (CGA) BC, Canada, 09/01/20
- Association of Chartered Certified Accountants (ACCA), 01/01/20
- Associate of the Chartered Institute of Bankers of Nigeria (ACIB), 11/01/13
- Associate of the Institute of Chartered Accountants of Nigeria (ACA), 05/01/12
- Associate of the Nigerian Institute of Management – Chartered (AMNIM), 09/01/03
Publications
Effect of Financial Policies on Shareholders’ Wealth of Quoted Insurance Companies in Nigeria, Aina, Hannah E., Jacob, Z., International Journal of Economics, Business and Management Research, 8, 05, 2024, 1-13
Languages
English, Proficient
Others
- Certificate in Work and Workforce Management, Udemy Online, 12/01/24
- Certificate in SAP HCM Payroll, Udemy Online, 12/01/24
- Diploma in Effective Bookkeeping and Payroll, Alison Online, 12/01/24
- Certificate in Tax and Administration in Canada, Alison Online, 11/01/24
- Certificate in First Aid Training in the Workplace, Alison Online, 11/01/24
- Certificate in Advanced Excel, CHM Tech Institute, Manchester, United Kingdom, 08/01/24
- Training on Best Practices for a Quicker Financial Close, DoviLearn Online, 10/01/20
- Training on Capital Allocation and Budgeting: Advanced MasterClass, DoviLearn Online, 10/01/20
- Training on Financial Modeling Using Excel, DoviLearn Online, 10/01/20
- Training on Transform, Grow and Innovate in Finance, DoviLearn Online, 10/01/20
- Training on Powerful PowerPoint Presentations, DoviLearn Online, 10/01/20
Affiliations
- Time management
- Attention to detail
- Good computer operation skills
- Working under tight deadlines
Accomplishments
- Given an Award as the Student with the best result in the department (Scholar of the Year) at the Federal Polytechnic Ede, Osun State, Nigeria.
- Given an Award of Excellence at NICON Insurance Ltd for creating anExcel Package for payroll preparation and management.
Languages
English
Full Professional
References
References available upon request.
Timeline
Asst. General Manager (Accounts) / Head of Accounts
NICON Insurance Limited
12.2020 - 04.2024
Manager, Final & Technical Account / Head of Accounts
NICON Insurance Limited
01.2016 - 11.2020
Business Development Officer, Accounts
NICON Insurance Limited
11.2006 - 12.2015
Masters, B. Sc., Dip 3, 1 Yrs, PGC - 1 Yr
World Education Service
Master of Science - Finance
Nasarawa State University
Bachelor of Science - Accounting
University of Abuja
Higher National Diploma - Banking & Finance
Federal Polytechnic
National Diploma - Banking & Finance
Lagos State Polytechnic
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