MILLICENT AKINMUSIRE
Mobile/WhatsApp: +234 80 32012679 | Email: millicentakinmusire@gmail.com
LinkedIn: https://www.linkedin.com/in/millicent-akinmusire-629b1784/
Skype ID: Millicent akinmusire
BUSINESS CONTROL | FINANCIAL ANALYSIS | FINANCIAL CONTROL | COST ANALYSIS
A commercially astute financial analysis and business control professional with over 13 years of progressive and leadership driven experience in leading the company’s business portfolio, budgeting and forecasting, spearheading cost management initiatives, recommending strategic measures to achieve business excellence by preparing monthly and quarterly financial update to top management. Hands on experience in finance function, establishing, implementing and managing overall finance, and accounting functions, building financial models and raising capital whilst implementing initiatives to improve company’s financial operations. Proficient in designing systems & procedures and contributing towards improved financial performance, facilitating¬ internal financial control ensuring business growth and profitability.
Key Strength Areas:
Finance Management and Reporting
Business Controlling
Financial Modeling
Regulatory Compliance
Process Improvement
SAP ERP Implementation
KPI Management
Working Capital Management
Financial Control
Cost Analysis
Management Reporting
Fiscal Budgeting
Cash Flow Analysis
Leadership
Training and Mentoring
PROFESSIONAL TRAITS:
Made vital contribution being part of the SAP implementation team for Nigeria to deliver the project with zero business interruption, thereby received a regional award.
Supported SAP implementation project for the country to deliver the project successfully and supporting Go-live at Procter & Gamble.
Recognized for contributing efforts in a Zero Loss Journey project for P&G Nigeria by identifying losses in the logistics chain end to end through setting up projects that eliminated up to about USD 4 Million.
Drove automation in Business Review Templates preparation, setting up processes for claiming possible tax rebates, etc.
Served as a proxy to the Managing Director as well as working directly with multifunctional and cross cultural teams both locally and regionally.
Led capital management process at the plant level and streamlined product costing, accounts receivable, inventory control by facilitating strategic business support for the plant at Cummins Power Generations Nigeria.
Experienced in the Consumer-Packaged Goods Industry & Power Generation industry across sales finance, business planning & forecasting, financial analysis, cost analysis, budgeting and control, internal controls, account receivables & source to payment and organization development.
PROFESSIONAL EXPERIENCES
Jul 2017 – Present: Henkel, Nigeria
As Business Controller
Key Deliverables:
Driving profit & margin forecasting and analysis, sales forecasting, monthly actuals reporting and analysis versus budget; interpreting the company's financial results to management and recommending improvement activities.
Developing & implementing a balanced financial business plan for overall business operations, providing clear direction on business objectives and translating and prioritizing into business performance measures.
Proficiently improving the operational systems, processes and policies in support of organizations mission, specifically, supporting better management reporting, information flow and management, business process and organizational planning.
Facilitating strategic inputs in improving processes to realize profit / margin objectives by steering the company’s business portfolio with significant success in delivering numerous process improvements, leading to increased work efficiency.
Leading system change and successful in driving implementation of SAP in Nigeria, which resulted in improving overall reporting function and increased operational efficiency.
Directing the cross functional team on loss elimination projects; serving as the gatekeeper for all identified gains projects locally as well as regionally and reporting status update accordingly to support Management in decision making process.
Working closely with the Business Head to conduct monthly business review, highlighting the reasons for the variances vs. plan, coming up with the action points for improvement of business results and driving/monitoring the execution of required action points.
Preparing MIS reports on sales analysis, pricing analysis, gross margin analysis, product costing analysis, etc. and conducting cash flow analysis while overseeing management and monitoring of working capital projections.
Oct 2014 – Jun 2017: Cummins Power Generations, Nigeria
As Manufacturing Cost Accountant-Nigeria
Key Deliverables:
Prepared and presented several monthly and quarterly financial updates for the Management with the accountability of making recommendations to achieve business targets.
Successfully drove the delivery of Loss Elimination Projects across site to meet Plant CBN targets on both inventory and cost.
Monitored fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications/ services, investment banking firms, government agencies, trade publications and company sources.
Conducted the Annual Operating Plan (AOP) and forecast processes for the plant and ensured adequate inventory levels by maintaining seamless coordination in inventory and materials management with the supply chain team.
Performed the entire gamut of accounting functions encompassing varied MIS report preparation, accounting control, liaising, tax assessment, periodic bank reconciliation, balance sheet finalization and cash reconciliation statement.
Spearheaded efforts to identify, analyze, measure, control and report credit risks thereby displaying a firm commitment to the highest standards in Risk Control.
Handled general ledger and subsidiary financial ledgers and oversaw the monthly as well as quarterly financial reporting process for the plant.
Conduced analysis on cost variances, determined root causes, and prepared recommendations as well as provided alternatives for realizing effective improvements in financial processes.
Sep 2006 – Sep 2014: Procter & Gamble, Nigeria
Growth Path:
Transport & Warehousing Cost Analyst (Nov 2012 to Sep 2014)
Site Fixed Assets / Inventory Accountant (Oct 2009 to Sep 2014)
SAP Master Data Contact (Apr 2008 to Sep 2012)
Key Deliverables:
Involved in creating T&W budgeting and forecasting, conducing regular Annual, Quarterly & Monthly budget review and ensuring alignment with management.
Doubled as the Site Internal Control Leader, which entailed performance or Random Spot Audits, Internal Assessments for the overall Business in readiness for Group / External Audits.
Led the entire Fixed Assets Master Data e-Form process, tracked and issued fixed assets register to the organization; carried out monthly, quarterly & annual fixed assets master data register review for all business units.
Condcuted periodic Fixed Assets forecast and handeld monthly balance sheet review & reconciliation process.
Single point of contact for West Africa to handle the master data process spanning across Accounts Receivables, Product Master data setup, Costing Master Data maintenance, Fixed Assets Master Data Analysis.
Developed all pricing conditions for new and existing customers/distributors in SAP with success in leading SAP process setup for new distributors.
Established all standard costing for new and existing materials in SAP both at the beginning of a new fiscal year and as at when required and managed inventory material management module and SAP reporting.
AWARDS & RECOGNITIONS
Awarded Henkel Regional Award for successful completion of the SIMBA SAP project with zero business disruption.
Achieved P&G General Manager’s award for proactively participating in the Zero Loss journey that saved the company about 4M USD in 2013.
Received P&G W/A Unsung Hero’s award in recognition of most outstanding member in the organization for exhibiting and demonstrating great sense of ownership behind the scene of events.
Acknowledged with P&G CEEMEA award for the successful implementation the SAP implementation / integration team.
COURSES
SAP Implementation Training, UAE, 2017.
Power Generation Finance Model Structure (South Africa), 2015.
Oracle Business Process (United Kingdom), 2014.
Strategic Cost Management, 2013.
Corporate Athlete Workshop, 2012.
Finance for Non-Finance Professionals, 2011.
Effective Presentation Skills Training, 2010.
Effective Business Writing Training, 2010.
People & Communications Training, 2010.
SAP Access Compensating Control Certification, 2009.
Inventory Management Training, 2008.
Work Process Improvement Workshop, 2008.
SAP Implementation Training (Manila, Philippines), 2008.
Cost Accounting 1 & 2, 2007.
Internal Control and Stewardship Training, 2007.
EDUCATION & CERTIFICATIONS
MBA (Finance & Accounting) – Ajayi Crowther University, In view (2019).
BSC Psychology – University of Ibadan, Nigeria (2014).
OND (Marketing) – Federal Polytechnic Ede, Nigeria, Ordinary National Diploma (OND) (2005).
PERSONAL DETAILS
Date of Birth: 01st Jun, 1982 | Dependents: 3
Nationality: Nigerian | Languages: English
Mobile/WhatsApp: +234 80 32012679 | Email: millicentakinmusire@gmail.com
LinkedIn: https://www.linkedin.com/in/millicent-akinmusire-629b1784/
Skype ID: Millicent akinmusire
BUSINESS CONTROL | FINANCIAL ANALYSIS | FINANCIAL CONTROL | COST ANALYSIS
A commercially astute financial analysis and business control professional with over 13 years of progressive and leadership driven experience in leading the company’s business portfolio, budgeting and forecasting, spearheading cost management initiatives, recommending strategic measures to achieve business excellence by preparing monthly and quarterly financial update to top management. Hands on experience in finance function, establishing, implementing and managing overall finance, and accounting functions, building financial models and raising capital whilst implementing initiatives to improve company’s financial operations. Proficient in designing systems & procedures and contributing towards improved financial performance, facilitating¬ internal financial control ensuring business growth and profitability.
Key Strength Areas:
Finance Management and Reporting
Business Controlling
Financial Modeling
Regulatory Compliance
Process Improvement
SAP ERP Implementation
KPI Management
Working Capital Management
Financial Control
Cost Analysis
Management Reporting
Fiscal Budgeting
Cash Flow Analysis
Leadership
Training and Mentoring
PROFESSIONAL TRAITS:
Made vital contribution being part of the SAP implementation team for Nigeria to deliver the project with zero business interruption, thereby received a regional award.
Supported SAP implementation project for the country to deliver the project successfully and supporting Go-live at Procter & Gamble.
Recognized for contributing efforts in a Zero Loss Journey project for P&G Nigeria by identifying losses in the logistics chain end to end through setting up projects that eliminated up to about USD 4 Million.
Drove automation in Business Review Templates preparation, setting up processes for claiming possible tax rebates, etc.
Served as a proxy to the Managing Director as well as working directly with multifunctional and cross cultural teams both locally and regionally.
Led capital management process at the plant level and streamlined product costing, accounts receivable, inventory control by facilitating strategic business support for the plant at Cummins Power Generations Nigeria.
Experienced in the Consumer-Packaged Goods Industry & Power Generation industry across sales finance, business planning & forecasting, financial analysis, cost analysis, budgeting and control, internal controls, account receivables & source to payment and organization development.
PROFESSIONAL EXPERIENCES
Jul 2017 – Present: Henkel, Nigeria
As Business Controller
Key Deliverables:
Driving profit & margin forecasting and analysis, sales forecasting, monthly actuals reporting and analysis versus budget; interpreting the company's financial results to management and recommending improvement activities.
Developing & implementing a balanced financial business plan for overall business operations, providing clear direction on business objectives and translating and prioritizing into business performance measures.
Proficiently improving the operational systems, processes and policies in support of organizations mission, specifically, supporting better management reporting, information flow and management, business process and organizational planning.
Facilitating strategic inputs in improving processes to realize profit / margin objectives by steering the company’s business portfolio with significant success in delivering numerous process improvements, leading to increased work efficiency.
Leading system change and successful in driving implementation of SAP in Nigeria, which resulted in improving overall reporting function and increased operational efficiency.
Directing the cross functional team on loss elimination projects; serving as the gatekeeper for all identified gains projects locally as well as regionally and reporting status update accordingly to support Management in decision making process.
Working closely with the Business Head to conduct monthly business review, highlighting the reasons for the variances vs. plan, coming up with the action points for improvement of business results and driving/monitoring the execution of required action points.
Preparing MIS reports on sales analysis, pricing analysis, gross margin analysis, product costing analysis, etc. and conducting cash flow analysis while overseeing management and monitoring of working capital projections.
Oct 2014 – Jun 2017: Cummins Power Generations, Nigeria
As Manufacturing Cost Accountant-Nigeria
Key Deliverables:
Prepared and presented several monthly and quarterly financial updates for the Management with the accountability of making recommendations to achieve business targets.
Successfully drove the delivery of Loss Elimination Projects across site to meet Plant CBN targets on both inventory and cost.
Monitored fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications/ services, investment banking firms, government agencies, trade publications and company sources.
Conducted the Annual Operating Plan (AOP) and forecast processes for the plant and ensured adequate inventory levels by maintaining seamless coordination in inventory and materials management with the supply chain team.
Performed the entire gamut of accounting functions encompassing varied MIS report preparation, accounting control, liaising, tax assessment, periodic bank reconciliation, balance sheet finalization and cash reconciliation statement.
Spearheaded efforts to identify, analyze, measure, control and report credit risks thereby displaying a firm commitment to the highest standards in Risk Control.
Handled general ledger and subsidiary financial ledgers and oversaw the monthly as well as quarterly financial reporting process for the plant.
Conduced analysis on cost variances, determined root causes, and prepared recommendations as well as provided alternatives for realizing effective improvements in financial processes.
Sep 2006 – Sep 2014: Procter & Gamble, Nigeria
Growth Path:
Transport & Warehousing Cost Analyst (Nov 2012 to Sep 2014)
Site Fixed Assets / Inventory Accountant (Oct 2009 to Sep 2014)
SAP Master Data Contact (Apr 2008 to Sep 2012)
Key Deliverables:
Involved in creating T&W budgeting and forecasting, conducing regular Annual, Quarterly & Monthly budget review and ensuring alignment with management.
Doubled as the Site Internal Control Leader, which entailed performance or Random Spot Audits, Internal Assessments for the overall Business in readiness for Group / External Audits.
Led the entire Fixed Assets Master Data e-Form process, tracked and issued fixed assets register to the organization; carried out monthly, quarterly & annual fixed assets master data register review for all business units.
Condcuted periodic Fixed Assets forecast and handeld monthly balance sheet review & reconciliation process.
Single point of contact for West Africa to handle the master data process spanning across Accounts Receivables, Product Master data setup, Costing Master Data maintenance, Fixed Assets Master Data Analysis.
Developed all pricing conditions for new and existing customers/distributors in SAP with success in leading SAP process setup for new distributors.
Established all standard costing for new and existing materials in SAP both at the beginning of a new fiscal year and as at when required and managed inventory material management module and SAP reporting.
AWARDS & RECOGNITIONS
Awarded Henkel Regional Award for successful completion of the SIMBA SAP project with zero business disruption.
Achieved P&G General Manager’s award for proactively participating in the Zero Loss journey that saved the company about 4M USD in 2013.
Received P&G W/A Unsung Hero’s award in recognition of most outstanding member in the organization for exhibiting and demonstrating great sense of ownership behind the scene of events.
Acknowledged with P&G CEEMEA award for the successful implementation the SAP implementation / integration team.
COURSES
SAP Implementation Training, UAE, 2017.
Power Generation Finance Model Structure (South Africa), 2015.
Oracle Business Process (United Kingdom), 2014.
Strategic Cost Management, 2013.
Corporate Athlete Workshop, 2012.
Finance for Non-Finance Professionals, 2011.
Effective Presentation Skills Training, 2010.
Effective Business Writing Training, 2010.
People & Communications Training, 2010.
SAP Access Compensating Control Certification, 2009.
Inventory Management Training, 2008.
Work Process Improvement Workshop, 2008.
SAP Implementation Training (Manila, Philippines), 2008.
Cost Accounting 1 & 2, 2007.
Internal Control and Stewardship Training, 2007.
EDUCATION & CERTIFICATIONS
MBA (Finance & Accounting) – Ajayi Crowther University, In view (2019).
BSC Psychology – University of Ibadan, Nigeria (2014).
OND (Marketing) – Federal Polytechnic Ede, Nigeria, Ordinary National Diploma (OND) (2005).
PERSONAL DETAILS
Date of Birth: 01st Jun, 1982 | Dependents: 3
Nationality: Nigerian | Languages: English
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