Victor Emmanuel Edem

VICTOR EMMANUEL EDEM, BSC, MBA (IN VIEW), ACA (IN VIEW) Contact Info: ·- Email:-Profile:https://www.linkedin.com/in/victor-emmanuel-edema-/Date of birth:13 February 1994. State of Origin: AkwaIbom. Country: Nigeria SUMMARY I currently work with Malexchlo Global Limited (a well-known Mega distributor & Transporter for Nigerian Breweries Plc) which I currently hold the position of the General Manager of the company. I am also an experienced finance and account team lead in a B2B industry and Internal control specialist with relevant years of experience. I am also an affiliate member of OCRM – Organization of Certified Risk Managers, UK. TOOLS AND TECHNOLOGIES USED: Xero accounting software, Tradegecko inventory software, Microsoft Tools, SQL, Power BI and Query, Power Point etc. ACHIEVEMENTS: (AS A GENERAL MANAGER) ACHIEVEMENTS • I have designed and implemented expansion projects. Quarterly, the company truck capacity is increased by five (5) through internally generated funds. From its retained earnings, the company sets aside 65% for purchase of PPE (new trucks). This has helped us to create jobs, and increase profitability overtime. • Grew Malexchlo from a Key Distributor with 35,000 cases monthly to a MEGA Distributor with a target of 170,000 cases monthly. • Improve company monthly depletion scheme by introducing sale-out strategy (Route-to-Market Strategy, Introduction of field sales marketers, Partnership with E-Commerce Companies, Set-up drop points in a different Sales Region for wider coverage, Warehouse-Independence Scheme, Wholesale Market expansion and introduction of target based remuneration). • Formulate and implement B2B2C for all the warehouses. • Awarded with a car from the Managing Director/CEO.      (AS HEAD OF FINANCE, ACCOUNT & INVENTORY MANAGEMENT) I have designed and implemented standard operating procedures (SOP) for the whole organization. I have designed and implemented internal control structure. Ensure strict compliance with internal control policies and adherence to receivable days policies. Assist in marketing strategy development. Assisted in daily cash management, lodgment and inventory tracking.       Improved the company’s Rebate Structure by properly carrying out a forecast of products that gives high returns. Ensure that monthly targets are met. Ensure accurate inventory opening and closing report Involve in company growth and development processes. (AS ANINTERNAL AUDITOR) Detected possible loopholes leading to fraudulent activities within the space of two months. I have reviewed systems and procedures and business processes, highlighted the grey areas, and established preventive/accounting controls to mitigaterisk. EXPERIENCE MAY 2022 – PRESENT GENERAL MANAGER MALEXCHLO GLOBAL LIMITED (A DISTRIBUTION COMPANY AND TRANSPORTER FOR NIGERIAN BREWERIES PLC) KEY RESPONSIBILITIES  Oversee the daily operations of various departments and coordination of seven managerial staff (Human Resource Manager; Finance Manager; Logistics and Maintenance Manager; Internal Auditor; Stock Reconciliation Manager; Marketing Manager; Head of Cash Disbursement & Control).             Develop and implement growth strategies. Drive sales and improve revenue and other income. Set up internal control structure within the organization Coordinate and manage audit engagements, tax remittances and queries (FIRS & LIRS) local policies within the company’s jurisdiction. Risk Management and key risk reporting Design and implement accounting structure and system Approve and authorize cash disbursement Review staff KPI Contribute 70% of total sales Align with the Zonal Business Manager, Regional Business Managers, RMDCs and ASMs of Nigerian Breweries for company monthly growth achieved, target achievement, special deals, promotions, funding gaps and general business performance. Report to the Managing Director Creation of business opportunities and business expansion and sustainability plans 2 FEBRUARY 2022 – MAY 2022 ACTING GENERAL MANAGER MALEXCHLO GLOBAL LIMITED (A DISTRIBUTION COMPANY AND TRANSPORTER FOR NIGERIAN BREWERIES PLC) SEPTEMBER 2020 – MARCH 2022 HEAD OF FINANCE, ACCOUNT & INVENTORY MALEXCHLO GLOBAL LIMITED (A DISTRIBUTION COMPANY AND TRANSPORTER FOR NIGERIAN BREWERIES PLC) Key performance areas:                       Monthly analysis of the financial performance of the operating company compared to forecasted position. Manage the financial position of the operating company to maximize profitability and return on invested capital Ensure accurate and timeous financial reporting Ensure strategic and financial reporting objectives are met Monthly and Quarterly reporting of the state of the company’s internal controls. Tax administration and compliance including submission of relevant returns to revenue authorities. Maintaining fixed asset register. Co-ordinate and assist with the internal and external audit process. Identifying and managing risk (financial and non-financial) throughout the operating company along with the company’s risk department Responsible for ensuring that efficient internal controls are implemented and maintained throughout the operating company Daily report on cash and bank position Daily report on the receivable and payable position Daily reconciliation of bank transactions vis-à-vis bank statement analysis Generate weekly cash management report Weekly report of orders in ZA Daily report of stock position Daily reconciliation of customer account balances Weekly reconciliation of empties not credited by Nigerian Breweries and empties position with customers Daily report of all debits and credits in the customer account financial statement shared by Nigerian Brewery Daily report of all pending credits which include but are not limited to –quality complains, rejects and activations (ATW, 234 STORES, PROMOTIONS, SPECIAL DEALS) ETC. Daily report of cash requisitions and petty cash balance Drew up simple double-column cash book to capture daily financial transactions Finance Functions  Manage overall financial functions.  Manage cash flow proactively to ensure operating company’s objectives are achieved  Manage working capital  Consolidate, analyze and report on financial performance as well as corrective, preventative, and improvement initiatives required to achieve financial strategies.  Review, analyze and then draw insights to assist operational performance  Drive the timeous and accurate completion of the budgeting and forecasting processes. 3             Drive and manage the cost savings initiatives within the operating company Develop, implement and ensure compliance with the company’s financial processes, policies, and disciplines. Continuous improvement of internal financial and operational processes. Prepare and/or coordinate daily, weekly and monthly flash reports. Manage and implement new accounting standards within the operating company. Periodic balance sheet reviews to ensure accuracy of operating company’s financial position. Capital allocation decisions to be thoroughly assessed including CAPEX and investment decisions; buy vs lease decisions to be properly assessed Analyse and advise on possible growth opportunities – including acquisitions and opportunities that require large capital investment Periodical analysis of operating company’s profitability (operating profit concerning invested capital) Preparation of operating company budgets Co-ordinate whistleblower and tips off investigations within the operating company. Any other assigned duties by the General Manager People  Align people's performance goals to support the achievement of organization strategy.  Support and empower people that design and implement change within multiple value chain functions.  Manage talent and succession.  Development and personal growth of financial team members in the division  Implement and manage workforce planning, recruitment, learning and development, performance management, reward and recognition, and employee relations to ensure an optimal working environment.  Create an engaging, enabling, and productive work climate aligned to the employee value proposition by demonstrating leadership through personal commitment to organizational values. Behavioral Competencies:  Deciding and Initiating Action  Leading and Supervising  Working with People  Adhering to Principles and Values  Relating and Networking  Presenting and Communicating Information  Analysing  Learning and Researching  Creating and Innovating  Formulating Strategies and Concepts  Achieving Personal Work Goals and Objectives 4 AUGUST, 2019 – AUGUST, 2020 INTERNAL AUDITOR, TRADE-DEPOT INC.        Responsible for reviewing and reconciling inventory records and conducting regular physical stock counts and reconciling variances. Analyse and verify submitted receipts and other documents submitted by vendors. Responsible for conducting financial and operational audits across the organization. Responsible for key operational risk identification, monitoring, and treatment/control plan to mitigate or terminate identified risk and evaluate the efficiency and effectiveness of various operational controls. Cash management and daily lodgment of cash. Daily tracking of inventories with Tradegecko and Xero. Report to the Finance Director on key risk management and internal control system, highlighting its weakness and control strategies. JUNE 2018 – JULY 2019 AUDIT TRAINNE , EDEM PETERS & CO (SUITE F1&2, 49 OGUDU ROAD, OGUDU, LAGOS, NIGERIA) APRIL, 2017 – MARCH, 2018 NYSC ADMINISTRATIVE ASSISTANT, CHRIST CHAPEL INTERNATIONAL CHURCHES EDUCATION Master’s in Business Administration, 2021: Nexford University (in view) Bachelor’s Degree in Accounting, 2016: University of Nigeria, Nsukka Senior school leaving certificate, 2012: Fulga International College, MbiabamIbiono LGA CERTIFICATIONS & TRAININGS NOVEMBER 2021 PROFESSIONAL STUDENT, INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA. AUGUST, 2020 VIRTUAL AUDIT EXPERIENCE PROGRAM PARTICIPANT, GRANT THORNTON(completed). AUGUST, 2020 Affiliate Member, Organization of Certified Risk Managers – OCRM (completed). JULY, 2020 BANKING CREDIT ANALYSIS, UDEMY (completed). JUNE, 2020 CERTIFICATE IN RISK MANAGEMENT, ORGANIZATION OF RISK MANAGERS (completed). DECEMBER, 2021 GLOBAL BUSINESS OPERATOR, NEXFORD UNIVERSITY REFEREE (will be available on-demand). 5