Ernest Tlou

Acts as entity bank signatory for different banks.

• Prepared monthly journal entries and reconciliations
• Reconciled accounts and created documents for monthly closure procedures
• Completed year-end closing processes with controllers and external audits
• Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences
• Improved cash flow management by closely monitoring receivables and implementing stricter credit policies
• Managed quarterly and annual tax filings for company, ensuring timely submissions and compliance with regulations
• Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved
• Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control
• Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management
• Reviewed budgets and communicated discrepancies to senior management
• Developed comprehensive budget plans for each department, collaborating closely with managers to align expenses with strategic goals
• Evaluated potential investment opportunities by conducting thorough risk assessments and return on investment analyses
• Provided journal entries and performed accounting on accrual basis
• Prepared working papers, reports and supporting documentation for audit findings
• Tracked funds, prepared deposits and reconciled accounts
• Collected and reported monthly expense variances and explanations
• Used accounting software to issue tax returns and prepare consolidated reports

• Acts as organization bank signatory for different banks
• Supervision of salaries section.
• Communicated and resolved disputes with clients regarding outstanding invoices, payments and adjustments
• Managed payroll operations for team of 262 employees
• Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements
• Developed strong relationships with external partners such as banks and vendors to facilitate smooth transaction processing on behalf of company
• Improved financial accuracy by streamlining accounts payable and receivable processes
• Checked expenses against budget controls, entered figures and reconciled business accounts to address discrepancies
• Assisted in budget planning, forecasting, and monitoring expenses to ensure adherence to fiscal guidelines and goals
• Managed tax preparation efforts, ensuring compliance with local, state, and federal regulations while minimizing liability exposure