Fula Shella Ngwanue
Douala
Summary
Results-driven accounting and finance professional with more than 10 years of expertise overseeing transactions, reconciling accounts and preparing monthly and annual financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, proactive and hardworking individual with great focus on continuous operational improvement.
Overview
14
14
years of professional experience
Work History
Finance Manager
SEDECAM SA
11.2020 - Current
- Participated in the team that negotiated and secured medium term financing of more than 2 billion F CFA (Approx 3.3M USD).
- Implemented tighter controls on major operational expenses that led to significant cost savings which is being reflected in the overall results of the company with a more than 20% growth in revenue but only a 4% growth in OPEX.
- Reduced the loss from theft and pilferage of cash by more than 90% by initiating and implementing the migration from cash-based payments from clients to electronic payments
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Forecasted trends and recommended improvements based on financial risk analyses.
- Prepared and managed large capital expenditure budgets to effectively handle infrastructure investment and long-term operations.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Successfully migrated the accounting system from Quickbooks to JD Edwards within the stipulated timeframe and on budget, and trained team on the use of this software
- Timely preparation of annual financial statements and notes
- Successfully closed 3 financial years with clean audit reports.
Chief Accountant
Kosan Crisplant Cameroon SA
09.2016 - 10.2020
- Reduced the time taken for monthly reporting from more than 2 weeks to less than 3 days by developing standardized templates and training staff on how to use them.
- Prepared monthly journal entries and reconciliations.
- Handled month-end and year-end closing processes with controllers and external auditors.
- Prepared financial reports and consolidations after reconciling general ledger accounts.
- Evaluated and improved financial records to make important business decisions.
- Calculated tax and social contributions due, prepared, and submitted returns and upheld compliance with applicable regulations.
- Reviewed budgets, drafted variance reports and communicated discrepancies to senior management ,
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
- Leveraged finance knowledge to strengthen controls and improve transparency.
- Continuously monitored and ensured the respect of accounting and internal procedures leading to significant cost reductions and improved efficiencies in inventory, payroll and OPEX
- Participated in designing of TQMs (Total Quality Management Systems) processes and guidelines in view of ISO certification that led to significant productivity and efficiency gains.
Accountant
Kosan Crisplant Cameroon SA
04.2013 - 08.2016
- Through efficient management of the treasury of Kosan Crisplant Cameroon, uncovered and recovered over 20 million XAF in unauthorized staff loans/advances
- Reviewed the expense process for fuel and handling charges and made recommendations that saved the company over 100 million XAF in 2016 and continues to benefit the company till date
- Reduced bank charges by more than 90% by migrating payments from a traditional manual process to an online system and also benchmarked bank services and fees which led to significant savings and optimization of treasury resources
- Efficiently managed over 20 suppliers' accounts, both local and international, over a 5-year period, resulting to a greatly improved relationship with suppliers and better terms
- Successfully coached and supervised 5 cashiers on cash management, resulting to zero cash shortages/losses over a 5-year period.
- Handled day-to-day accounting processes to drive financial accuracy.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, cash and banking reconciliations.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Used advanced software to prepare documents, reports, and presentations.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Evaluated and improved financial records to make important business decisions.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Modified comprehensive reporting to reflect changing financial structure.
- Prepared working papers, reports and supporting documentation for audit findings.
- Provided journal entries and performed accounting on accrual basis.
- Collected and reported monthly expense variances and explanations.
- Trained new employees on accounting principles and company procedures.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Diminished outstanding debts by analyzing accounts for issues.
- Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
Accounting/Administrative Assistant
Beneficial Life Insurance SA
01.2011 - 03.2013
- Answered multi-line phone system, routing calls, delivering messages to staff and greeting visitors.
- Restocked supplies and placed purchase orders to maintain adequate stock levels.
- Coordinated and scheduled office meetings and client appointments for staff teams.
- Received and sorted incoming mail and packages to record, dispatch, or distribute to correct recipient.
- Executed filing system, entered data and maintained databases to track customer data.
- Assisted development and implementation of new administrative procedures.
- Drafted correspondence and other documents for Branch Manager and department heads.
- Managed phone and email correspondence and handled incoming and outgoing mails.
- Built and maintained excellent customer relationships through timely response to inquiries and going above and beyond to accommodate unusual requests.
- Receiving payments of insurance premiums and disbursing indemnities of claims to clients
- Managing petty cash; ensuring all requisitions were properly approved and all expenses duly justified
- Preparing weekly/monthly reports on premium and loan payments
- Facilitating the processing of new applications for insurance policies
- Managing the accounts of utility/other suppliers, ensuring payment of invoices within deadlines
- Periodic stock-take and control of physical assets
- Liaising between agents, clients and administration
Accounts Officer/Research Assistant
Commonwealth Expert's Secretariat
02.2009 - 09.2010
- Checked expenses against budget controls, entered figures and reconciled business accounts to address discrepancies.
- Managed petty cash; monitored movements in accounts and prepared bank reconciliation statements;
- Prepared monthly financial statements;
- Kept abreast with the terms of various insurance policies and compiled documents for claims;
- Conducted research on internet, field etc.; prepared conference/seminar papers, presentations for class lectures;
- Handled correspondence and documentation with Commonwealth Office, London
Education
Master of Science - Accounting
University of Buea
Cameroon03.2013
Bachelor of Science (Accountancy) - Accounting
University of Buea – Cameroon
Cameroon07.2008
GCE Advanced Level - Accounting
St. Rita's Catholic Technical High School
Cameroon06.2005
GCE Ordinary Level - Accounting
St. Rita's Catholic Technical High School
Cameroon06.2003
Level II Certificate - Business Studies
London Chamber of Commerce & Industry (LCCI)
Cameroon04.2003
Skills
- Financial Reporting & Analysis
- Internal Control & Audit
- Budgeting and Control
- Regulatory compliance
- Financial Analysis, Management & Control
- Budgeting and Variance Analysis
- Departmental Oversight
- Spreadsheet Tracking
Languages
English
Native language
French
Upper intermediate
B2
Timeline
Finance Manager
SEDECAM SA
11.2020 - Current
Chief Accountant
Kosan Crisplant Cameroon SA
09.2016 - 10.2020
Accountant
Kosan Crisplant Cameroon SA
04.2013 - 08.2016
Accounting/Administrative Assistant
Beneficial Life Insurance SA
01.2011 - 03.2013
Accounts Officer/Research Assistant
Commonwealth Expert's Secretariat
02.2009 - 09.2010
Master of Science - Accounting
University of Buea
Bachelor of Science (Accountancy) - Accounting
University of Buea – Cameroon
GCE Advanced Level - Accounting
St. Rita's Catholic Technical High School
GCE Ordinary Level - Accounting
St. Rita's Catholic Technical High School
Level II Certificate - Business Studies
London Chamber of Commerce & Industry (LCCI)
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