ADESANYA O. OLATUNDE

**, *** ******* ******, *** Alake, Ikotun Road, Ikotun, Lagos, Nigeria.

080********, 080******** ac2r5v@r.postjobfree.com

PERSONAL PROFILE

I am a young competent, innovative professional with Associate membership in Credit Administration & Cost Management, an MBA in Financial Management, BSc in Banking & Finance as well as PGD, Advanced Diploma in Credit & Financial Management. I have passion for Finance & Administration. I am knowledgeable in Procurement, Inventory & Contract management, Vendors evaluation, Debt recovery & Hotel management. I am very resourceful, a good team player/manager, teachable, a solution provider & also follow procedures duly. I work within given timelines & quite exact too. My attention to details & attitude of excellence is a character trait that cuts across my personal & corporate life. I am an asset to any forward thinking organisation & I can bring the thinking of the global & contemporary 21st Century to improve my corporate environs.

BIO DATA

D.O.B: 21st July, 1981 Marital Status: Single Nationality: Nigerian Gender: Male

AREAS OF SKILL & COMPETENCE

●Proficient in the use of Ms Word, Excel & Outlook.

●Ability to use Accounting software: NAV, Tally ERP 9, RMS & Inventory Wasp Management.

●Good People Management/Supervisory Skills, Interpersonal & Communication Skills.

●Good understanding of Vendor/Client Management, Strategic Thinking & Prioritization Skills.

●Good in Procurement, Strategic Sourcing, Inventory, Warehouse & Category Management.

●Good Negotiation & Bargaining Skills, Sound Analytical, Multitasking & Time Management.

●Attention to Details, Result Orientation, Superior change leadership skills & Resourcefulness.

EDUCATION/PROFESSIONAL QUALIFICATIONS

Year Certificate School

2011 MBA Financial Management Lagos State University, Ojo, Lagos, Nigeria.

2008 Associate Member The Institute of Credit Administration, Nigeria.

2007 Associate Member Chartered Institute of Cost Managers of Nigeria.

2006 BSc Banking & Finance Lagos State University, Ojo, Lagos, Nigeria.

2006 PGD Credit & Fin. Mgt Postgraduate Sch. Of Credit & Fin. Mgt Studies, Lagos.

2005 Specialised Advance Diploma Postgraduate Sch. Of Credit & Fin. Mgt Studies, Lagos.

PAID WORK EXPERIENCE

Chief Operating Officer – Pre-opening October 2016–August, 2017

THE HOUSE CAFÉ RESTAURANT & LOUNGE (Restaurant & Coffee Lounge)

Responsibilities:

●Designed & implements business strategies, plans & procedure.

●Developed & implement Cost control, Procurement/Purchasing Policies & Procedures.

●Prepared the menu/recipe costing & pricing of food & beverage for the group.

●To appraises and evaluates the results of overall operations regularly and systematically, & reports these results to the CEO.

●To oversee daily operations of the company & the work of executives (IT, Operations Marketing, Sales, Finance etc.).

●Prepared & managed the Pre-opening activities & cost.

●Participates in the development & preparation of short-term, long-range plans & budgets based upon broad Organisation goals & objectives.

●Responsible for driving the company to achieve & surpass sales, profitability, cash flow & business goals & objectives.

●Responsible for the measurement & effectiveness of all processes internal & external.

●Developed & establishes operating policies consistent with the CEO broad policies & objectives & insures their adequate execution.

●Managed the affairs of a catering & kitchen services of a Restaurant in Victoria Island.

●Any other duties assigned by the Chief Executive Officer.

Group Cost Controller/Head, Procurement. March, 2012 – May, 2016

THE BLOWFISH GROUP. (The Blowfish Hotel, Purple Restaurant, La Veranda Restaurant, Vellvett Lounge & Bar, Izanagi Restaurant, Meshawi & 9to7 Supermarket)

The Blowfish Group: is a decidedly modern hotels in Victoria Island, Lagos, with 5 different restaurants, with celebration of international cuisines (Thai, Continental, Indian, Mexican, Japanese, Lebanese & Others) from different cultures & regions of the world, offering an elegant décor in luxurious comfort, with excellent service & a charming setting. Though deceptively minimal, the interior is anything but cheap-Quality seeps from every detail.

9to7 Supermarket by Savemart: is a modern day super mart, meeting international standards, situated in a serene environment, in the heart of Lagos. While I was the Group Cost Controller/Head, Procurement, I was able to setup a functional cost control & procurement unit for the group, which now manage all the purchases & control for 5 restaurants & a supermarket. Also centralised the stores by categorising the items, contributed financially by strategic sourcing & product pricing with standard recipe costing & wastage for each of restaurants.

Responsibilities:

●Maintained inventory system, ensuring that items stocked are purchased to the agreed specification, stock unit & level are maintain at the prime usage.

●Supervised the central stores & bar audit to inform stock variance & expiry stock.

●Recipe audit with actual recipe & theoretical recipe on regular basis.

●Prepared the menu/recipe costing of food & beverage for the group.

●Analysed purchases & consumption of food & beverage in each of the location.

●Coordinates all weekly, monthly stock count of the stores & all relevant reconciliation with the system (RMS, NAV & Inventory Wasp), report the outcome & advice on improvement to the management.

●Maintained records & investigate discrepancies of goods ordered & received after count.

●Analysed & evaluates purchase requisition forms, as assigned, to ensure purchases meet their requirements.

●Negotiate with suppliers & subcontractors in regards to purchasing prices, delivery dates & payment terms.

●Communicates with requesting department in writing when inconsistencies appear on the purchase request & amends accordingly to ensure adherence with group’s procurement processes.

●Developed strategies required to achieve the procurement objectives of the company & monthly expense report.

●Motivates the procurement & control team to achieve their productivity, efficiency, accuracy & effectiveness.

●Weekly review & issue purchasing reports such as inquiry status summary (pending approval & back order Issued & opened & final Approval), purchase order list & other reports as required.

●Supervised proper month end inventory updating in ERP & Inventory Wasp also ensure that standard month end process are followed.

●Followed the best practice & maintain a cordial relation with suppliers, clearing agent, control & purchasing team.

●Monitored the assigned procurement activities at the various levels of work, as well as takes the appropriate measures to ensure that the entire procurement phase are on schedule & within the budget & in accordance with requisition requirements.

●Authorised all stock goods receipt & transfers from central store to other locations.

●Drafted procurement procedures, processes & update existing procurement policies.

●Co-ordinates the general market research & evaluate the quality, pricing of various categories of items for the Group.

●Ensure authorized signatory approvals are followed both on the system & Hard copies, & purchase orders are prepared & issued with necessary documents.

● Evaluates vendor performance to meet the defined standards & adheres to company policies & procedures.

●Supervised & organised preventative maintenance & safety inspection programs for all facilities, equipment & respond quickly to any emergency.

●Monitored construction projects at every stages, remodel, & other special projects.

●Any other duties assigned by the Group Chief Operating Officer.

Finance/Accounts Manager

ALLIANCE FUNDS LIMITED (Afconrecruit Limited) March 2011- March, 2012

Alliance Funds Ltd now (Afconrecruit Limited), an affiliate of MA Group Limited. AFL is into Recruitment & Strategic Consultation, Corporate Training, Venture Capital, provider of financial solutions & advice to Entrepreneurs & others. While in AFL as Finance/Accounts Manager, I did setup functional financial & internal control system for the venture capital unit & also recovered about 55% of client’s debt.

Responsibilities:

●Coordinates fixed assets register & schedule.

●Recovery of debt due from rent of the Group’s Property.

●Prepared the monthly management expenses & other accounts.

●Maintained the intercompany reconciliation for the group.

●Monitored invoices, revenue billing & also authorized payments to clients.

●Coordinates monthly payroll, pension, tax, financial contribution & make payment.

●Coordinates records of income, expenditure, banking activities & bank reconciliation.

●Analysed client’s internal control systems & worked closely with them during implementation.

●Reviewed business plan for venture capital deals & monitor the venture capital transaction within & outside the Organisation.

●Any other duties assigned by the Managing Director.

Accounts/Admin Manager

GEEZ MANAGEMENT SERVICES LIMITED (DUKES COURT) Jan., 2009 –Sept, 2010

Geez Management Services Limited is a group of companies involved with Hospitality business, Car Hire/Rental, Real Estate & others with branches in Abuja, PH, Imo & Lagos, here in Victoria Island, Lagos. I work as the Accounts/Finance Administrator but double as the supervisor of the hotel’s operations. Whilst engaged in employment here, I have been able to recovered 90% of the company’s debt, also setup a functional internal control system, increase the revenue of the hospitality business through the introduction of “Corporate Guest Scheme”. I was able to contribute strategically towards management policies in the area of staff welfare & motivation. This drive helped retain staff a little longer.

Responsibilities:

●Monitored the internal control system & cost control management.

●Coordinates petty cash, the update of cash book & bank reconciliation.

●Coordinates regular update of clients’ account reconciliation & prompt debt recovery.

●Monitored payment from the cash/credit customers.

●Coordinates update of fixed assets schedule & debtors schedule on weekly basis.

●Coordinates the update of daily revenue & expenses analysis.

●Generates monthly revenue reports & financial statements for management review.

●Preparation of monthly management expenses & revenue report.

●Prepared procurement budget in line with the operations manager, restaurant manager & store manager’s request.

●Monitored the assigned procurement activities at the various levels of work, as well as takes the appropriate measures to ensure that the entire procurement phase are on schedule & within the budget & in accordance with requisition requirements.

●Confirming the receipt & verify invoices & requisitions for goods & services.

●Maintained acceptable & accurate inventory levels at stores.

●To coordinate inventory system, ensuring that items stocked are purchased to the agreed specification, stock unit & level are maintain at the prime usage.

●Work closely with the operations & suppliers to ensure proper pricing maximisation of payment terms on all others.

●Formulation & deployment of procurement & inventory management policies & procedures including design of necessary forms.

●Coordinates monthly stock count of the store & reconcile with report the outcome & advice on improvement to the Management.

●Developed strategies, maintain & implement to achieve the procurement objectives of the company

●Supervised the general operations of (Dukes Court) a subsidiary company.

●Confirmation of daily lodgement of cash/cheque & bank balances.

●Coordinates monthly payroll, pension, service charge & make payment to staffs.

●Perform any other duties assigned by the CEO/Chairman.

Revenue Assurance Executive

PREMIUM WAREHOUSE LIMITED August, 2008 – December, 2008

Premium Warehouse Limited, located on Adeniran Ogunsanya Street, Surulere, Lagos, is an Internet Services Provider Company, a major dealer in telecommunication cards. My contributions towards this company were both financial by initialling increased revenue & strategic in the setting up of a functional internal control system. I was also able to consolidate on the customer service performance thereby promoting customer satisfactions.

Responsibilities:

●Analyse & evaluate Pw.Net business processes & system handing revenue & subscribers’ information.

●Generate revenue reports for management review.

●Complete periodic reconciliation between our billing & service provider’s record.

●Assist the various departments in putting in place revenue assurance processes & monitor measures.

●Support the warehouse sales team to implement &ensure control system to reduce damages of inventory.

●Communicate with service provider on problem areas to identify the source.

●Contacting subscribers & providing ways to settle their account when due.

●Generate subscribers’ position & revenue report on weekly basis for the management.

●Assume overall responsibility for customer service performance.

●Performed any other duties assigned by the Managing Director (MD).

Accounts/Finance Officer

NIGERIA LIABILITY INSURANCE POOL January, 2005 – August, 2008

Nigeria Liability Insurance Pool, located on Igbosere Road, Obalende, Lagos. Is a Pool Insurance company, where Member Company’s cedes their Insurance business. As the Accounts Officer, my contribution towards the company was working with the Head of Department in order to achieve the set goal of the department & I also detected some financial Irregularities which could have had negative effect on the financial strength of the Organisation. While as the Investment Officer, my contribution towards the company was through the diversification of investment which brought increased revenue for the company & also maintained a standard for the company & its Subsidiaries investment department.

Responsibilities:

●Compute staff allowances, withholding tax, PAYEE, VAT & staff loan deductions.

●Monitor monthly deduction from staff salaries.

●Generate fixed assets schedule, register & creditors’ payment report schedule.

●Prepared monthly, quarterly cashbook & petty book analysis.

●Posting of general ledger & efficiently managed petty cash.

●Organise payment to staff & issuance of appropriate bank schedules.

●Prepared schedules to the final account & supported in account preparation.

●Reconciled & prepared schedules of receivables, payables, prepayment & accruals.

●Prepared bank reconciliation statement & verified bank charges.

●Managed the company’s investment funds amounting to N.8 billion in various areas.

●Updating investment reports & daily stocks valuations.

●Managed (ACFL) the in-house finance company’s investment.

●Generate the investment incomes on monthly & quarterly.

●Liaise with registrars, stock brokers, tax officials & Auditors.

●Compute staff allowances & staff loan deductions.

●Maintained investment database: equity, commercial paper, bank’s acceptance etc.

●Perform any other duties assigned by Head of Accounts/Finance.

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VOLUNTARY WORK EXPERIENCE

Treasurer

NLIP STAFF COOPERATIVE THRIFT & CREDIT SOCIETY June, 2004 - Aug, 2008

It is a cooperative formed by the staff of Nigeria Liability Insurance Pool & the aim of the cooperative is to help all staff in saving their money in case of emergency & future need & also to reduce the pressure on management of the company.

TRANSFERRABLE SKILLS

Experience work has brought me into contact with people of all ages, background & gender. It has given me the opportunity to manage funds & administer due diligence in a few Organisation. I have also learnt to pay attention to details while considering the big picture in order to bring initiatives & projects from conception to completion. This has given me the opportunity to possesses superior leadership skills, made me open to new ideas, innovation confident. In both the paid & voluntary service, i am required to be discreet &trustworthy.

REFERENCES

On request

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