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Kayode Folaji
Management Accountant
Bariga,Lagos
Summary
Kayode's goal is to work in an organization which offered challenges, opportunities, advancement, competitive compensation and benefits, and personal training and development in the fast-paced, action-oriented environment of a growing global company.
Overview
17
17
years of professional experience
19
19
years of post-secondary education
1
1
Certification
2
2
Languages
Work History
Group Financial Controller/Office Manager
Silicon Harbour Investment Limited
Lekki Phase 1, Lagos
04.2021 - Current
- · Managing daily operations and revenue generation of business and ensuring its continual growth;
- · Ensure strategic objectives shaped at the Executive Management level are translated into tactical business plans with mechanisms for key measurements in place to monitor progress;
- · Direct the preparation of short / long term goals based on the goals of the business;
- · To review progress on set objectives, plans, KPIs on weekly/monthly/quarterly basis, to support top management in removal of bottlenecks, and carry out necessary course corrections as necessitated;
- · Promote and expand the company’s commercial activity that will generate revenues and lead to sustainable growth;
- · Develop and implement growth strategies, identify new business opportunities;
- · Responsible for ensuring adequate operational controls for all products and channels; carry out research on new technologies and ensures SLA’s are defined and achieved;
- · Ensure the company delivers outstanding service that is client-focused and efficient at all times;
- · Measure effectiveness and efficiency of operational processes both internally and externally and finds ways to improve processes by evaluating performance, analyzing and interpreting data and metrics;
- · Establish policies that promote company culture and vision which will encourage a culture of excellence, high performance and continuous improvement;
- · Ensure the availability of technical and business-related documentation required for the smooth functioning of all functions within the team;
- · Maintain safe and healthy work environment by establishing, following, and enforcing standards and procedures; complying with legal regulations and ensure these standards are kept in the delivery of our services;
- · Excellent interpersonal skills / Leadership: Build strong relationships with key stakeholders and peers on Executive Management to ensure the correct focus;
- · Provide clear directions on strategic goals, translating and prioritizing them into business and performance measures;
- · Monitor the strict adherence to governance and setting high standards of professionalism across the functions;
- · Review Performance Improvement reports determining the effectiveness of interventions;
- · Prepare and submit monthly, quarterly, bi-annually and annual operational reports, budget to the MD/CEO;
Management Accountant
Uraga Real Estate Limited (Member of Honeywell Group)
Ikoyi, Lagos
01.2016 - 03.2019
- Budgeting and Budgetary Control
- · Participate in the development of annual work program | plan, and responsible for the achievement of assigned targets
- · Coordinate budgeting activities including budget formulation,
- Formulation, monitoring, and presentation for the company
- Achievements
- · Assisted in setting up 5 years plan and new budget variance reports for reporting to CEO;
- Provided timely explanations of variances between actual results and forecasts| budgets which assisted management in business decision making.
- Management Reporting
- · Prepare daily | weekly | monthly | annual management reports in line with company’s due diligence report system
- · Generate monthly performance report to the Group Office, summarizing monthly performance against budget with explanations for variances
- Achievement
- · Spear-headed monthly account reports and reconciliation in accordance with IFRS.
- · Chart of accounts set up and movement of data from Sage Pastel to Sage ERP evolution which aid time saving for reporting by 40%.
- Project Accounting
- · Assist in empirical determination and verification of the profitability and viability of management’s brown or greenfield investments
- Support management in carrying out business, project or asset valuation to guide investment decisions and viability.
- Achievements
- · Project Accountant and project team member for the development of Upbeat Recreation Centre, Lekki ;
- · Provided leadership and technical expertise to operations and Finance personnel relative to the analysis and forecasting of inventories and unit cost data.
- Management of Payables and Receivables
- · Carry out regular reconciliation of client and supplier’s balances
- · Ensure collection of receivables and payment of payables in line with agreed credit terms
- Achievements
- · Streamlined current procedures develop and implement control systems to eliminate bureaucracy.
- · Managed and ensured accuracy of revenue, receivable and expense accrual accounts for true and fair reporting.
Financial Accounting Manager
MallBoxes Limited (MallforAfrica.com)
Victoria Island, Lagos
09.2012 - 12.2015
- · Prepared the monthly management report and Annual Financial Statements and supporting working papers
- · Payroll administration and Tax matters
- · Reviewed and reconciliation of general ledgers
- · Performed month-end and year-end accounts closure process
- · Successfully implemented a financial accounting system, which proved to be 75% more efficient than the one already been in use.
Finance Manager
Telnet Group
Victoria Island, Lagos
07.2010 - 08.2012
- Finance Manager
- · Ensure timely and accurate preparation of financial statements, financial reports, special analysis and information reports;
- · Plan, prioritize allocation and coordination of funds for business operation;
- · Performed interim financial year audit & period end adjustments;
- · Established and administered tax policies and procedures.
- Achievements
- · Successful allocation and coordination of funds for subsidiaries business operations for better financial management;
- · Group-wide reduction of tax burden and tax safe of over N100m;
- · Expanded accounting department efficiency by 50% through rigorous training of accounting staff;
- · Prepared and assisted with general ledger (journal entries) analysis, analysed for the purpose of prompt month and year-end closing reports.
Company Accountant
ITeco Nigeria Limited/Softworks Limited
Victoria Island, Lagos
07.2003 - 06.2010
- · Day to day accounting and bookkeeping for the subsidiary- iTeco/Softworks
- · Developed and maintained effective liaison with relevant external bodies such as auditors, banks, consultant and regulatory bodies;
- · Analysed business and financial performance;
- · Prepare annual statutory and monthly financial reports;
- · Accounts payable duties -ensured suppliers and other trade creditors are timely;
- · Review and processing of the payroll;
- · Tax deduction and remittance to statutory authorities.
Education
MBA - Finance
Olabisi Onabanjo University, Ago-Iwoye
Ogun State, Nigeria 08.2011 - 10.2013
MBA - Enterpreneurship
London School of Business & Finance
London, UK 09.2010 - 10.2022
Bachelor of Science - Accounting
Olabisi Onabanjo University
Ogun State, Nigeria 08.1996 - 09.2001
Skills
Communication Interpersonal skills
Affiliations
- Association of Certified Fraud Examiners| 2011 Associate Certified Fraud Examiner (ACFE)
- Institute of Chartered Accountants of Nigeria| 2010 Associate Chartered Accountant (ACA)
- Chartered Institute of Management Accountants| 2010 Associate Chartered Management Accountant
Additional Information
AREAS OF EXPERTISE
· Financial Management Reporting| Analysis
· Expense Planning| Control
· Budgeting | Forecasting
· Regulatory Compliance
· Resource Management
· Audit
· Budgeting
· Taxation
· Treasury & Risk Management
Software
MS-Dynamics GP/Navision
Sage Evolution
SAP F1
Certification
ACA
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
Every problem is a gift—without problems we would not grow.
Tony Robbins
Timeline
Group Financial Controller/Office Manager
Silicon Harbour Investment Limited
04.2021 - Current
Management Accountant
Uraga Real Estate Limited (Member of Honeywell Group)
01.2016 - 03.2019
Financial Accounting Manager
MallBoxes Limited (MallforAfrica.com)
09.2012 - 12.2015
MBA - Finance
Olabisi Onabanjo University, Ago-Iwoye
08.2011 - 10.2013
ACA
11-2010
MBA - Enterpreneurship
London School of Business & Finance
09.2010 - 10.2022
Finance Manager
Telnet Group
07.2010 - 08.2012
Company Accountant
ITeco Nigeria Limited/Softworks Limited
07.2003 - 06.2010
Bachelor of Science - Accounting
Olabisi Onabanjo University
08.1996 - 09.2001
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