Management Accounting
Resume:
OLOYE TOLUWANI OLUSEUN HND(Acct): ACA ACTI AMNIM ACE
GENDER Male
ORIGIN A Nigerian From Ondo State
DATE OF BIRTH 5th November 1969
SUMMARY OF 1988 West Africa School Certificate
QUALIFICATION 1999 Higher National Diploma (HND) In Accountancy (Ondo
State Polytechnic, Owo)
1999 Associate Chartered Accountant (ACA)
2003 Associate Member, Chartered Institute Of Taxation
2007 Associate Member, Chartered Institute of Economics
PROFILE
• Computer Literate
• Ability in marketing and installation of special accounting packages
• High sense of professionalism
• Good Financial and analytical skills
• Years of experience as Audit Team Leader on various jobs
• Proven experience as an external auditor
• Years of experience on various sector audit
• Strong, clear and written analytical skills
• Ability to meet deadlines
CAREER HISTORY
1990-1999 OLATUNDE MUSTAPHA & CO (Chartered Accountant)
O M S CONSULT (Financial & Mgt. Consultants)
Audit Supervisor/ Manager which entail:
Tax consulting
Companies Audit
Investigation of Books of Account
Business Advisory/ Financial Consulting
Formulation of Internal Audit policies and ensures maintenance of Standards
Coordinates the activities of Statutory auditors in conjunction with the Financial Controller
Review the management accounts for accuracy, integrity and compliance with accounting standards
Administer Risk Assessment questionnaire
Assesses the effectiveness and relevance of existing policies and controls in line with changing business risk
Conducts inspection of units, departments, branches, etc and submits reports to Head, Audit and Risk Management
Maintains working papers for audits/inspection conducted
Performs reconciliation of accounts including bank accounts
Review, evaluate and documentation of systems of internal control
Highlighting areas of weakness in the internal control system, their effects and recommendations to clients through management reports/letters
Development of clients specific audit programs for various assignment
Preparation of tax computation for individual and corporate clients
Filing and obtaining tax clearance for clients
Writing up of accounts from source documents
Preparation of final accounts, periodic management accounts and reports
Analysis of report and preparation of Budgets and forecasts
Installation, customization and training on various business and accounting packages
Maintaining and generating reports from various business and accounting software
Design of management and Accounting Information System
Business Plans and Budget Preparation
Due Diligence
Investment Advisory Services
Trainings
1999-2004 WEMY INDUSTRIES LIMITED
Chief Accountant roles include:
Overall Review of Accounts Department Assignment
Preparation and Budgetary Control
Preparation Of Activity Reports
Preparation Of Financial Reports
Review of Steering Committees Report
Writing Proposal For Facilities
Preparation of Cash Flow
Preparation of Board Report
Measurement of organization performance
Preparation of various reports to regulatory bodies
Ascertaining the correctness of postings by subordinates
Working Capital Management
Review and implementation of Accounting Information system
Variance Analysis and investigation
Variance Correction and Alignments
Investment of Company’s funds to yield high returns
Management of the company’s Fixed Assets
Management of the company’s treasury and liquidity
Facilitate timely reconciliation with Banks
Materials and Stationery Management
Junior Staff Management
Management of all taxation issues affecting the company for the purpose of reducing incidence of tax
Management of Audit and Compliance in line with companies policies of global best practice
Ensure that procedures and policies as laid out by internal control units are being adhered to
Keeping abreast of developments in industry regulations both global and domestic and assessing their impact on the company’s operations
Recommend improvements to processes, policies and procedures, and to ensure they adhere to global best practice
Perform consolidation of all company accounts
2004-2008 STARCOM MEDIA SERVICES LTD
Financial Controller responsibilities includes:
Supervision of the overall Accounting process
Budget and Budgetary Control Process
Managing Tax Related Matter
Development of Forecasts and Investment proposals
Preparation of Board Report
Measurement of organization performance
Preparation of various reports to regulatory bodies
Ascertaining the correctness of postings by subordinates
Working Capital Management
Review and implementation of Accounting Information system
Variance Analysis and investigation
Variance Correction and Alignments
Investment of Company’s funds to yield high returns
Management of the company’s Fixed Assets
Management of the company’s treasury and liquidity
Facilitate timely reconciliation with Banks
Materials and Stationery Management
Management of all taxation issues affecting the company for the purpose of reducing incidence of tax
Management of Audit and Compliance in line with companies policies of global best practice
Ensure that procedures and policies as laid out by internal control units are being adhered to
Keeping abreast of developments in industry regulations both global and domestic and assessing their impact on the company’s operations
Recommend improvements to processes, policies and procedures, and to ensure they adhere to global best practice
Ensure all investments are assessed in terms of risk before a decision is made
Makes presentations and respond to questions concerning previous and proposed budget detail, trends and projections
Assist with the planning and development of a comprehensive long-term strategic plan
Reviews and revises the budget manuals
Analyses cost in relation to services performed and prepares recommendations for budget revisions
2009- Sept. 2011 WEMY INDUSTRIES LIMITED
Ag. Managing Director responsibilities includes:
Corporate Strategy formulation
Setting and Ensuring Corporate Vision adherance
Ensuring Corporate Governance Processes
Reporting to the Board
Oct. 2011-To Date WEMY INDUSTRIES LIMITED
Finance Director responsibilities includes:
Supervision of the overall Accounting process
Budget and Budgetary Control Process
Managing Tax Related Matter
Development of Forecasts and Investment proposals
Preparation of Board Report
Measurement of organization performance
Preparation of various reports to regulatory bodies
Ascertaining the correctness of postings by subordinates
Working Capital Management
Review and implementation of Accounting Information system
Variance Analysis and investigation
Variance Correction and Alignments
Investment of Company’s funds to yield high returns
Management of the company’s Fixed Assets
Management of the company’s treasury and liquidity
Facilitate timely reconciliation with Banks
Materials and Stationery Management
Management of all taxation issues affecting the company for the purpose of reducing incidence of tax
Management of Audit and Compliance in line with companies policies of global best practice
Ensure that procedures and policies as laid out by internal control units are being adhered to
Keeping abreast of developments in industry regulations both global and domestic and assessing their impact on the company’s operations
Recommend improvements to processes, policies and procedures, and to ensure they adhere to global best practice
Ensure all investments are assessed in terms of risk before a decision is made
Makes presentations and respond to questions concerning previous and proposed budget detail, trends and projections
Assist with the planning and development of a comprehensive long-term strategic plan
Reviews and revises the budget manuals
Analyses cost in relation to services performed and prepares recommendations for budget revisions
ACHIEVEMENTS/ VALUE ADDED IN PREVIOUS EMPLOYMENT
AT OLATUNDE MUSTAPHA & CO (Chartered Accountant)
Provided Leadership for Audit team
Provided Training For Audit Trainees
AT WEMY INDUSTRIES LIMITED
Set Up The Accounting System
Set Up Proper Controls to Support The System
Demonstrated the Essences of Financial Information
AT STARCOM MEDIA SERVICES LTD
Improved the Accounting Procedure
Improved Reporting Standard
Reorganized the Account Department for Efficiency
PROFESSIONAL MEMBERSHIPS
ASSOCIATE MEMBER OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF
NIGERIA (ICAN) 1999
CHARTERED INSTITUTE OF TAXATION (CITN) 2003
ASSOCIATE MEMBER NIGERIA INSTITUTE OF MANAGEMENT (CHARTERED)
ASSOCIATE MEMBER INSTITUTE OF CHARTERED ECONOMICS OF NIGERIA
CORE VALUES
Dedication, Forthrightness and Result Driven
HOBBIES
Imparting Knowledge and Listening To Music
REFERENCES
PASTOR A. W. ODUNAIYA (FCA), CHAIRMAN WEMY INDUSTRIES LIMITED
MR OLUFEMI SOREMEKUN, CHAIRMAN BIOFEM GROUP
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