Services

What We Do

We provide an expert advice and efficient services to businesses in the areas of:

Annual accounts and Financial Statements are Statutory obligations. We can maintain your routine bookkeeping and produce a set of annual accounts from those records. We shall arrange meetings with you to explain each element of expense and identify critical areas affecting your business and at the same time meet your statutory and compliance requirements.

1Preparation of your Corporation Tax Returns and advice tax structure to help reduce tax burden and operate more efficiently.

International tax planning to remain compliant with UK Tax Law on worldwide income.

Today’s volatile business climate presents an unprecedented challenge – and opportunity – for finance experts to shape the direction of the organization.

Finance Function needs to position itself as the strategic partner of the business – unlocking the value from the vast amounts of data now available and using advanced analysis to extract insights that support executive decision-making.

Bringing deep and extensive mining industry experience, SNAMBY will work directly with you to transform your finance organization: identifying improvements, deriving value from data to optimize business performance.

We can assist in devising your accounting and control procedures to meet your organization objectives.

There are various Funding/Assistance facilities are available from Government and other Institutions and we shall be happy to assist you with your applications.

Finance & Funding Advice

At SNAMBY, we can help with:

FINANCIAL REPORTING:

Preparation of Monthly, Quarterly & Annual Financial Statements in compliance with International Financial Reporting Standards (IFRS) Monitor and Control Company’s Accounts Payable and regular review of supplier’s reconciliation. Preparation of Local and Forex currency Cash flows. Setting internal control procedures and carry out review to ensure that financial transactions are carried out in line with Company’s policies

MANAGEMENT REPORTING:

Preparation of Operational Plans (Budgets), Monitor and control costs against Plans, Preparation of Monthly Management Report, KPIs and Cost Variance Analysis, Presentation of monthly Business Review report to Management and Operating Officials for an effective cost control.

PROJECT REPORTING:

Preparation of AFEs, Capex Budgets and regular performance reporting against budgets.

Develop, implement and monitor adequate control, procedures, systems and authorities to ensure alliance with Corporate Governance Mechanisms.

Regular review of Assets register, Capitalization & Amortization Compliance.

Inventory (stockholdings) occupy the strategic position in the structure of working capital of an organization and therefore great emphasis is placed on Inventory Management. Having worked with mining industry where 60% of total costs are represented by materials we have gained the insight in planning & forecasting to minimize the disruption to the production schedules and at the same time keep down capital tied up in the inventory. We at SNAMBY will share our experience to achieve the corporate goals.

The business development & strategic planning is to explore, design, analyze and evaluate specific business plans. The decisions you take today about which path your business will follow in pursuit of growth and profit will determine the process that will unfold over a period of time. How can you be confident of getting those decisions right and implementing them successfully?

Bringing together experts ideas and experience in long term strategic planning in the mining industry we will ensure the strategic response you choose has a clear and rigorously validated economic rationale. We can assist your team to build the management commitment needed for a strategy to deliver exceptional results.

We have helped other business leaders in the mining and its associated industries to grow their organizations and create lasting impact. We supported them in managing the major uncertainties in the face of adverse competitive and market pressures.

Business Development and Strategy

Annual Financial Statements:

Procured goods and services comprise 60% of an organization's cost base, and this figure is growing rapidly. Management of flow of goods by planning, execution, control and monitoring of supply chain activities is of paramount importance. The challenges for procurement and supply chain leaders are many: they must deliver despite the uncertain business environment, and meet growing demand with an effective supply chain network to compete in the global market. An economical stock holdings is a key to achieve business objectives.

We have recently saved Millions of Dollars to one of the leading Gold mines in West Africa on the procurement of Grinding Media and Reagents.

At SNAMBY, we can help with:

PRODUREMENT SYSTEM & PROCEDURES,LOGISTICS & SUPPLY CHAIN AND WAREHOUSINGI

Accounting & Reporting Systems

Without the right talent, organized in the right way, businesses cannot deliver on their promise to stakeholders. The global markets and changing demographics has intensified competition for the best people.

With long association with mining industry overseas we provide the fresh thinking and deep insight you need to attract, organize, motivate and develop the right people for your business, and to build a high-performing HR function in support of your business goals.

The Payroll Function need not be time-consuming or costly. Allowing us to cater for your payroll needs can significantly increase staff morale and reduce costs.

Materials Management & Inventory Control.

Financial, Management & Project Reporting

Taxation & Compliance

Procurement & Supply Chain Management.

Human Resources & Payroll

The accounting policies which must be applied when preparing the financial statements should comply with the requirements of International Financial Reporting Standards (IFRS). We work with clients to ensure that the accounting set up becomes the mechanism for delivering the strategic intent of the business. Delivering business operations is challenging and involves a range of disciplines from the transformation of structures, technology and processes through to change management.

At SNAMBY, we can help with:

Cost centre structure

Reporting format

Variance Analysis

Budgeting Format