Nicole Williams-Ahay
Couva
Summary
Accomplished Finance Manager with a proven track record at IRP Fire & Safety Limited, adept in financial reporting & analysis and strategic problem-solving. Excelled in cash flow management and IFRS reporting, significantly enhancing compliance and risk management processes. Demonstrates a robust ability to optimize internal controls, with a strong foundation in SAP expertise.
Overview
25
25
years of professional experience
Work History
FINANCE MANAGER
IRP FIRE & SAFETY LIMITED
01.2020 - Current
- Effectively managing the Finance Department with limited supervision
- Applying principles of accounting to analyze financial information
- Preparing financial reports by compiling information, Statement of Comprehensive Income, Financial Position and Cash Flows Statements
- Implementing the Budgeting and forecasting process
- Cash Management
- Foreseeing and coordinating the year end Audit package
- Utilizing appropriate accounting standards, control procedures and delivery within established deadlines
ACCOUNTANT
PETROLEUM COMPANY OF TRINIDAD AND TOBAGO LIMITED (PCTT)
01.2000 - 01.2020
- Company Overview: PCTT discontinued operations in the Refining and Marketing business in 2018 November and subsequently formed new entities
- However, my duties remained as an Accountant but specifically surrounds procedures of winding up until total non-existence under a contractual arrangement from PriceWaterhouse Coopers
- Provides Management and the Board of Directors with monthly financial statements on the Company's performance for decision-making purposes monthly and annually
- Prepares Balance Sheet, Cash Flow and Cash Management, Income Statements and Trend Analysis on a timely basis
- Review entries on SAP for accuracy before month-end close
- Prepares Audited Consolidated and Quarterly Financial Statements and audit schedules in accordance with IFRS
- Prepare year-end accruals worksheets for uploading to SAP prior to close-off date
- Prepares monthly operating expense variance analysis by business unit for Management
- Perform settlement procedures for internal orders and non-recurring bins for the calculation of depreciation
- Preparation of profit and loss accounts and indicators which generate revenue and expenditure
- Preparation of business plan, annual budgets, and expense forecasts
- Coordinate and assisted with physical site visits both onshore and offshore for the revaluation of the offshore policy
- Investigate, analyze, and submit documents for the renewal Offshore Assets Insurance with replacement value of US$3.7billion
- Investigate and resolve queries from Vendors with Company officials as appropriate in order to maintain good vendor relations
- Verify that invoices are accurately approved within the range assigned by line management and against their precise signatures before being processed for payment
- Monitors cost charged to the different strategic business unit's cost centers and internal orders for accuracy and reasonableness and advise the relevant department of any erroneous entries
- Prepare variance reports for actual vs budgeted expenditure
- Reconciles general ledger accounts by business area making corrections and performing line item clearing where appropriate to reflect an up-to-date position
- Prepare reconciliations/statements of indebtedness for all customers as at the last day of each month
- Contact customers for overdue payments and follow up procedures to ensure accounts are maintained within their credit limit and terms
- Invoicing customers and ensuring proper payment terms and due dates are included on invoices
- Invoice customers for late payment as per terms of agreement
- Review the contractual arrangements with the company
- Correspondence for Trade Financing to foreign banks
- Maintaining exchange rate register
- Processing payments via proposal and Post and Print cheques
- Cash flows -monthly, Cash Forecast - monthly via SAP Treasury module
- Generation and printing of cheques from account payable for vendors
- Assisting supervisor with audit schedules
- Reconciling items outstanding on Bank Reconciliation Statements
- Maintaining an Investment Register reflecting principal balances and investment income to be posted in the general ledger and reconciled with bank monthly
- PCTT discontinued operations in the Refining and Marketing business in 2018 November and subsequently formed new entities
Education
Master of Business Administration -
Edinburgh Business School
United Kingdom11.2017
Association of Chartered Certified Accountant -
United Kingdom06.2006
Skills
- Cash Flow Management
- Financial Reporting & Analysis
- Budgetary Planning & Forecasting
- Compliance & Risk Management
- Internal Controls & Process Optimization
- Strategic Problem-Solving
- IFRS Reporting
- SAP Expertise
Timeline
FINANCE MANAGER
IRP FIRE & SAFETY LIMITED
01.2020 - Current
ACCOUNTANT
PETROLEUM COMPANY OF TRINIDAD AND TOBAGO LIMITED (PCTT)
01.2000 - 01.2020
Master of Business Administration -
Edinburgh Business School
Association of Chartered Certified Accountant -
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