David Okonkwo
Accountant
Profile
ACCA-qualified accountant with 5 years of progressive experience in financial reporting, statutory audit, and management accounts across diverse SME portfolios. Demonstrated expertise in managing £40M+ client portfolios while maintaining 100% compliance records and leading digital transformation initiatives. Proven track record in mentoring junior staff and implementing cloud-based accounting solutions to enhance operational efficiency.
Experience
Leading statutory accounting and audit services for a diverse portfolio of 25+ SME clients across manufacturing, retail, and professional services sectors with combined annual turnover exceeding £60M.
- Prepare and review statutory accounts and corporation tax computations for 25+ clients, achieving 98% submission rate within statutory deadlines
- Led year-end audit fieldwork for 8 major clients with combined turnover of £40M, identifying cost savings totalling £180K through process improvements
- Mentor and supervise 2 trainee accountants, conducting weekly reviews and achieving 100% ACCA exam pass rate within the team
- Streamlined audit procedures using data analytics tools, reducing average audit completion time by 15% while maintaining quality standards
- Collaborate with tax specialists to optimise client tax positions, resulting in average tax savings of £12K per client annually
- Maintain direct client relationships, attending quarterly business reviews and providing strategic financial advice to support growth objectives
- Quality assurance reviewer for junior staff work, maintaining BDO's quality standards and ensuring regulatory compliance across all engagements
Managed comprehensive accounting services for 15 established clients across retail, property development, and professional services sectors, handling monthly management accounts and statutory compliance requirements.
- Produced monthly management accounts for 15 clients with combined turnover of £25M, delivering reports within 10 working days of month-end
- Prepared quarterly VAT returns, monthly payroll processing for 200+ employees, and CIS submissions maintaining 100% HMRC compliance record
- Successfully implemented Xero cloud accounting systems for 6 clients transitioning from Sage desktop, reducing month-end processing time by 40%
- Conducted monthly variance analysis and provided actionable insights to clients, helping identify cost reduction opportunities worth £85K annually
- Managed year-end statutory accounts preparation for companies with turnover up to £5M, ensuring timely Companies House submissions
- Liaised with external auditors and provided comprehensive audit files, contributing to clean audit opinions for all managed clients
- Developed automated reconciliation templates in Excel, improving accuracy and reducing manual processing time by 25%
Commenced professional accounting career supporting qualified accountants with statutory accounts preparation, audit assistance, and client administration across a portfolio of 20+ small businesses.
- Assisted in preparation of statutory accounts for 20+ limited companies with turnover ranging from £100K to £2M
- Performed detailed trial balance reviews and prepared audit working papers for external audit firms
- Processed weekly and monthly payroll for clients with up to 50 employees using Sage Payroll software
- Completed bookkeeping and bank reconciliations for retail and service sector clients, maintaining 99% accuracy rates
- Supported VAT return preparation and submission, ensuring compliance with HMRC requirements and deadlines
- Gained exposure to corporation tax computations and capital allowances calculations under supervision of qualified staff
Skills
- Financial Reporting (FRS 102)
- Statutory Accounts Preparation
- Corporation Tax Computations
- Management Accounts
- External Audit
- Sage 50 & Sage 200
- Xero Cloud Accounting
- VAT Returns & Planning
- Excel (Advanced - VBA & Pivot Tables)
- Payroll Processing
- CIS Returns
- Capital Allowances
- IFRS Knowledge
- Client Relationship Management
- Team Leadership & Mentoring
- Process Improvement
- Data Analytics
- QuickBooks
- CCH Software
- HMRC Digital Services
Education
Certifications
- ACCA Professional Qualification
- Xero Certified Advisor
- Sage 50 Certified
- AAT Level 4 Diploma in Accounting