MY ACCOUNTING STORY

MY ACCOUNTING STORY
June 4, 2016 accounthubng

EVERY WEEK WE’LL BE FEATURING AN ACCOUNTANT WHO WILL BE TELLING US THEIR ACCOUNTING STORY.

GEORGE JINADU IS OUR ACCOUNTANT OF THE WEEK. THIS IS HIS STORY AND Q&A SESSION WITH US

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My name is George Jinadu and I am the CFO for SlimTrader, a Technology company with presence in the Travel and Hospitality industry. SlimTrader built an Internationally recognized and robust eCommerce Platform called “MoBiashara” which currently provides SaaS to various clients including Airlines, Hotels, and FMCG/SME Players.

I started out my finance career with PricewaterhouseCoopers, and have since worked with other reputable companies across different industries.

 

1. Why did you become an Accountant?

I became an Accountant by fate. I studied Business Administration in the University and after NYSC I submitted my CV to any available company just like any young graduate at that time. I got a job at PricewaterhouseCoopers (PwC) and after my Graduate induction, I was posted to the Assurance line of Business (Generally known as Audit). That was where my foundation was developed.

 

2. Briefly describe your route to becoming an Accountant?

After I left PwC, I joined the finance department of an Oil & Gas firm and my main task was to oversee the finance function of the business. The company had LPG gas plants in different locations across Nigeria and each plant had its own P&L accountant. It was quite an interesting experience as the knowledge I had from PwC availed much. Though I did not really have any operational experience, I was fortunate to work with a great boss. I also got help from a colleague who was in charge of the finance function of a sister company. He practically showed me the ropes in becoming an operational accountant. Since then I have worked across different industries including Retail, Technology, eCommerce and Financial Services.

 

3. What subject/course did you find particularly challenging while training to be an Accountant?

Audit. I never liked Audit. It was also a very valuable course as you learn a lot about Systems, process documentation and controls which are very important for Accountants to know to enable them operate efficiently.

 

4. Accountants are said to be very stingy people, How true is this assertion? Myth or fact?

I don’t believe this is true. A stingy person is a stingy person notwithstanding their occupation or career path.

 

5. If you weren’t an Accountant, would you marry one?

YES. It is very important to understand financial numbers in marriage. Accountants are blessed with the opportunity to have this skill.

 

6. What’s the worst experience you have had being a qualified Accountant?

Working with someone who has little or no knowledge of what an Accountant’s value is. A lot of small business owners believe that as an Accountant the only thing you do is book keeping.

 

7. ACCOUNTING TRIVA: what’s the similarity between a model and an accountant?

They both like curves. Models like bodily curves while Accountants/Finance Managers like growth curves.

 

8. What do you think improved your employability?

Acquisition of the right skill set and continuous development. An accountant needs to be committed to learning and applying the knowledge to their work. The job of an Accountant is not the conventional 9 to 5. It is important to be able to marry accounting skills and finance skills. You must always keep learning.

 

9. What Skills must an accountant have to climb up the career ladder in excellence?

A mix of Accounting skills and Financial Management Skills. I like to look at finance functions from 3 perspectives: “Accounting operations “, “Treasury management”, Financial Management/ Reporting (which also includes Business Intelligence)

 

10. What accounting skills do you think small businesses need most?

Financial Management skills. Understanding Unit Economics of the business and Cashflow. As a small business it is very important to understand how and where the cash generated flows.

 

THANK YOU VERY MUCH SIR.

IF YOU HAVE ANY QUESTIONS FOR OUR GUEST OR FOR ACCOUNTINGHUB, FEEL FREE TO COMMENT BELOW.

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