BABAJIDE JONATHAN ODETOLA
Professional Accountant
Lagos,LA
Summary
An associate chartered accountant (ACA) from the Institute of Chartered Accountants of Nigeria (ICAN) with over nineteen years’ work experience in Financial Accounting, Management Accounting, Auditing and Taxation. I have experience in various industry and sectors of the Nigerian economy ranging from Audit & Consultancy to Insurance, Oil & Gas Industry (Downstream Operations) and Telecommunications.
I handled major task in financial accounting (General ledger, accounts payable, accounts receivable, fixed asset and payroll), financial planning (budgeting/forecasting, variance analysis).Also, I have consistently worked closely with external auditors to facilitate a smooth year-end audit exercise. I have also worked in the capacity of financial consultants (Volunteer) with small medium enterprises in Agricultural sector as well as education sector in Nigeria.
Overview
20
20
years of professional experience
8
8
years of post-secondary education
1
1
Certification
Work History
Financial Reporting Manager
INQ. Digital Nigeria Ltd - formerly Vodacom Business Africa Ltd (Telecoms)
5 2023 - Current
- Prepared financial forecasts, variance analyses and make recommendations to support strategic decision-making.
- Overseeing day-to-day financial operations, accounts payable, accounts receivable and all general ledger activities.
- Preparation and reporting of periodic financial statements and reports.
Management Reporting Accountant
Smile Communications Nigeria Limited/Smile Telecom holdings (Telecoms)
1 2018 - 5 2023
- Management reporting on business performance and preparation of financial budget and forecast.
- Performed KPI tracking, analysis and variance reporting .
- Proposing and driving initiatives for cost reduction and optimization.
- Engagement of Investment appraisal tools.
- Prepared channel and site profitability report for performance review and decision making for management.
Senior Financial Accountant (General Ledger) & Finance Business Partner
Smile Communications Nigeria Limited/Smile Telecom holdings(Telecoms)
2015.01 - 2017.12
- To support business through robust financial analytics, and driving cost-effective business processes.
- Budget & Forecast preparation.
- -Fixed asset capitalization.
- Monthly Variance analysis (Budget versus Actual) - Interpreting, explaining Business performance relating to budget and prior period.
- Review of all Monthly journals - Accruals, prepayment, petty cash & corrections/reclassifications before posting into ERP.
- Debtors and Creditors reconciliation.
Manager, Finance & Accounts
ABR Offshore Services Limited (Oil & Gas Downstream)
2014.08 - 2015.01
- Prepared Management Accounts.
- Prepared & Presentation of cash flow projection ,forecast & yearly budget.
- Completeness and accuracy of posted entries and preparation of management Accounts in line with Local GAAP, adopting IFRS .
- Authorization & Review of all postings into the General Ledger. Supervision of statutory payments & attending to Tax matters.(VAT,WHT,PENSION,PAYE))
Accountant (General Ledger)
First Deepwater Discovery Limited (Oil & Gas Downstream)
2011.04 - 2014.08
- Participated in yearly budget preparation, presentation exercise & Strategy Session.
- Monthly reconciliation of Account Payables & Account Receivables Ledger.
- Authorization, Supervision & Coordination of all postings into the General Ledger.
- Computation and Remittance of statutory payments & Tax matters.(VAT,WHT,PENSION,PAYE)
Deputy Manager (Accounts)
Risk Watch Insurance Brokers Ltd
2008.01 - 2011.04
- Maintenance and journalizing of all petty cash and bank records.
- Monthly reconciliation of Debtors and Bank statements.
- Payroll preparation and Administration.
- Coordination of all postings into Accounting software.
Audit Trainee
Ademola Oladeinde & Co (Chartered Accountants)
2005.04 - 2008.01
- Performed statutory audit exercise for various companies.
- Tax computation and administration (CIT, VAT, PAYE) in accordance with the Nigerian tax laws.
Accounts Officer
Highland Trust Ltd
2004.10 - 2005.04
- Contributed to successful year-end audits through diligent documentation maintenance and collaborative communication with auditors.
- Inspected account books and recorded transactions.
- Assisted in budget planning, forecasting, and monitoring expenses to ensure adherence to fiscal guidelines and goals.
Education
MBA (Business Administration) - Business Administration
UNICAF University
Malawi 2017.07 - 2020.09
HND Accountancy & Finance - Accounting And Finance
Yaba College of Technology
Lagos, LA 2001.01 - 2002.12
OND Financial Studies - Financial Studies
Federal Polytechnic Ilaro
Ogun State Nigeria 1997.03 - 1999.12
Skills
Good communication skills
Affiliations
- Institute of Chartered Accountants of Nigeria (ICAN) - Associate Member
- Financial Reporting Council of Nigeria (FRC) - Member
References
Available on request.
Certification
Associate Chartered Accountant(Nigeria)
Timeline
MBA (Business Administration) - Business Administration
UNICAF University
2017.07 - 2020.09
Senior Financial Accountant (General Ledger) & Finance Business Partner
Smile Communications Nigeria Limited/Smile Telecom holdings(Telecoms)
2015.01 - 2017.12
Manager, Finance & Accounts
ABR Offshore Services Limited (Oil & Gas Downstream)
2014.08 - 2015.01
Accountant (General Ledger)
First Deepwater Discovery Limited (Oil & Gas Downstream)
2011.04 - 2014.08
Associate Chartered Accountant(Nigeria)
2009-05
Deputy Manager (Accounts)
Risk Watch Insurance Brokers Ltd
2008.01 - 2011.04
Audit Trainee
Ademola Oladeinde & Co (Chartered Accountants)
2005.04 - 2008.01
Accounts Officer
Highland Trust Ltd
2004.10 - 2005.04
HND Accountancy & Finance - Accounting And Finance
Yaba College of Technology
2001.01 - 2002.12
OND Financial Studies - Financial Studies
Federal Polytechnic Ilaro
1997.03 - 1999.12
Financial Reporting Manager
INQ. Digital Nigeria Ltd - formerly Vodacom Business Africa Ltd (Telecoms)
5 2023 - Current
Management Reporting Accountant
Smile Communications Nigeria Limited/Smile Telecom holdings (Telecoms)
1 2018 - 5 2023
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