Accounts Payable Customer Service

Richard A. Olarewaju

La Palma, CA *****

Phone: 714-***-****.

E-mail: ***********@*****.***

CAREER SUMMARY

Diverse accounting experience. Several years of solid background in accounting, procedure and compliance coordination, reorganization, and vendor relations.

Proven leadership skills in developing and managing staff.

Goal oriented professional. Proven ability to analyze and solve problems. Complete projects within stringent deadlines. Meet and exceed expectations in a high-volume and fast-paced environment.

COMPUTER APPLICATIONS

Software – SAP, Oracle, PeopleSoft, JD Edwards, AS400, MAS90, Accpac Proseries, Cougar Mountain, Hewlett Packard, Microsoft Excel and Word

CONTRACT ASSIGNMENTS

March/2011 – Present

(Manufacturing, distribution, pharmaceutical and healthcare companies from 200 million – 8 Billion dollars in revenue)

Kyocera Precision Tools, Young’s Market Company, Citizens of Humanity, Quest Software, Kaiser Permanente, Allergan, Prime Focus Media and USC

Managed accounting staff of up to eleven and all functional activities of the department

Oversee full-cycle Accounts Payable

Review invoices for accuracy and proper support

Match invoices against purchase orders to verify correct pricing and contract terms

Ensure timely payment of vendors. Update vendors with payment status.

Review expense reports to ensure compliance with company policies

Facilitate timely removal of system-generated blocks

Print checks and initiate ACH/EFT payment runs

Provide excellent customer service by email and phone to external and internal customers

Call vendors regarding uncashed checks to ensure compliance with unclaimed property act

Initiate and implement changes to minimize financial risks

Assure compliance to SOX and GAAP. Resolve system issues

Write policies and procedures

Evaluate, train, hire and discipline staff

Responsible for monthly close, make accruals and prepare journal entries

Reconcile the AP sub-ledger to the general ledger

Prepare and file state and federal 1099

Participated in the conversion to the Sci-Quest (e-Market) accounting software at USC

Processed invoices for payment and performed routine accounting activities such as calculating and balancing financial information

Input invoices and cash receipts for multi-locations into the newly acquired Accpac accounting software at Prime Focus Media

Validated data and ensured it was accurate on a go-forward basis

Richard A. Olarewaju Page Two

Accounts Payable Manager, Dermalogica Inc 2009- 2010

Managed a staff of four and all aspects of Accounts Payable

Reviewed a large volume of invoice postings to ensure accuracy

Resolved unusual cost and receipt problems in collaboration with Purchasing and Receiving

Oversaw department activities and prioritized work through appropriate action plans

Ensured timely payment of credit cards, rent and equipment leases

Processed expense reports and reimbursed employees via ACH weekly

Reconciled the AP sub-ledger to the general ledger, prepared journal entries and accruals

Wrote policies and procedures. Produced and analyzed management reports. Filed 1099

Accounts Payable Accountant, Platinum Wireless Inc 2008- 2009

Reviewed and processed Accounts Payable. Ensured proper purchase order receiving and closing

Eliminated the backlog in the booking of ACH payments to major inventory suppliers

Instituted a faster way for booking credit card payments

Instrumental in the preparation of financial packages for lending institutions

Accounts Payable Supervisor, DHX/DGX-Dependable Hawaiian Express 2001-2008

Effectively managed 10 accounts payable associates in a high volume environment

Instituted accounts payable procedures, resolved problems, mentored, coached and instill strong accounting skills and theory in accounting employees

Checked accuracy of invoice processing and updated cash schedules

Assured compliance with company policies and GAAP

Reviewed payable reports to ensure they reflected accurate liabilities for five entities

Worked closely with CFO to control timing of cash disbursements to achieve excellent Day Sales Outstanding/Day Payables Outstanding (DSO/DPO) ratios

Conducted account analysis for month-end and year-end close and filed excise tax

Processed and distributed 1099 to applicable individuals at year-end

Accounts Payable Supervisor, Leiner Health Products, Inc. 1997-2001

Managed a staff of eight in a high volume and fast-paced environment

Realigned and streamlined work assignments to increase efficiency while maintaining the internal controls that have been put in place. Instigated productivity improvement processes

Coached and counseled employees. Took corrective actions

Prepared management reports including productivity and outstanding receiver reports

Documented the accounts payable procedures. Prepared and filed 1099s for vendors

Accounts Payable Supervisor, Computer People, Inc. 1992-1997

Streamlined departmental structure. Reduced staff 30% while increasing efficiency 60%

Cut cost 50% through new procedures for processing invoices and expense reports

Instituted new vendor system for greater speed and efficiency in tracking outside costs

EDUCATION

UCLA – M.A., Geography (with specialization in Climatology)

Ahmadu Bello University – B.S., Business Administration; Minor: Accounting

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