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@preciousumeaka
Qualified finance professional with expertise in financial reporting.
I am a qualified finance professional with over four years of experience in financial reporting, technical accounting, and IFRS advisory at Ernst & Young. My journey has equipped me with strong analytical and reconciliation skills, allowing me to navigate complex reporting environments effectively. I have hands-on exposure to the oil & gas, energy, and non-financial sectors, which has honed my ability to work independently in fast-paced, remote-first settings.
In my current role as a Senior Associate at Ernst & Young, I lead client engagements focused on the preparation of consolidated financial statements that comply with International Financial Reporting Standards (IFRS). I not only ensure the accuracy of financial disclosures but also play a pivotal role in implementing new accounting standards and resolving technical issues during audit cycles. My proactive communication and stakeholder management skills have been instrumental in streamlining financial processes and enhancing collaboration with external auditors.
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Work history, roles, and key accomplishments
Ernst & Young Global Consulting Services
Jul 2024 - Present (1 year 4 months)
Leads client engagements on consolidated and separate financial statements compliant with International Financial Reporting Standards (IFRS), reviewing and updating accounting policies. Ensures completeness and accuracy of financial statement disclosures and plans engagements for accounting standard implementation. Acts as the key liaison with external auditors, resolving technical issues and stre
Ernst & Young Global Consulting Services
Aug 2021 - Jun 2024 (2 years 10 months)
Supported clients in preparing consolidated and standalone financial statements in accordance with International Financial Reporting Standards (IFRS). Assisted with the implementation of new accounting standards and provided guidance on complex accounting issues. Helped with accounting policy conversion and supported audit teams in complex financial statement areas.
Ernst & Young Global Consulting Services
Dec 2019 - Nov 2020 (11 months)
Contributed to external audits of companies in FMCG, Logistics, and Beverages sectors, conducting SCOT Analysis and reviewing opening balances. Executed substantive testing procedures for key financial statement items and evaluated management-implemented controls. Performed physical stock counts and successfully executed the initial adoption of IFRS 16.
Degrees, certifications, and relevant coursework
BSc, Accounting
Studied Accounting with a focus on financial reporting and analysis. Gained a comprehensive understanding of accounting principles and practices, including IFRS standards. Achieved a First Class classification.
Chartered Accountant, Accounting
Completed professional examinations to become a Chartered Accountant. Developed expertise in various aspects of accounting and finance, including auditing and financial management.
Software and tools used professionally
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