Summary
Overview
Work History
Education
Skills
Interests
Accomplishments
Affiliations
AUDITORS AND INSPECTION TRAINING
ADDITIONAL INFORMATION- PART TIME LECTURING
Timeline
Generic
Michael Olaniyi Adetoyi

Michael Olaniyi Adetoyi

Ibadan

Summary

A growth oriented driven professional ready to gain exposure; seeking a challenging and reward position in a well-established firm where I can demonstrate my skills, experience and expertise towards the achievement of the organizations goals

Dynamic and self-motivated high achiever professional with Accounting/Financial and Quantitative packages; and with well analytical skills in Accounting (including IFRS&GAAP, &SOX-Sarbanes-Oxley audit, Asset& Liability Management (ALM), Mergers& Acquisitions, Management Consulting, Corporate finance/investment banking, Loan/Credit Administration and Risk management. I have a robust experience that covers various industries such as: Banking and Finance, Accountancy/Consulting, Auditing (Internal, External& Forensic) Hospitality, Manufacturing, Oil & Gas, Media and Fast Moving Consumers Goods (FMCG) Expertise in developing risk-based audit plans, ensuring compliance with regulations, and enhancing operational efficiency through meticulous assessments and reports. Proven ability to implement robust internal controls and conduct thorough audits, including financial, operational, and compliance evaluations. Adept at leading audit teams and communicating critical findings to management to drive informed decision-making and promote organizational integrity. Committed to achieving excellence and fostering a culture of accountability and transparency.

Overview

19
19
years of professional experience

Work History

NEST, HEAD, INTERNAL AUDIT

BON HOTELS
02.2021 - Current
  • Prepare Audit report , and present same to management
  • Develop risk based annual audit plan based on company’s risk management framework for the BOD review and approval
  • Food & Beverage costing & portioning and cost control

INTERNAL AUDITOR

INFRATEQ CONCEPTS PTY
07.2018 - 09.2019
  • Continually strives to revise/devise audit work programmes to address specific risks core controls and to be effective and comprehensive
  • Conduct assets verifications to ensure safety and workability
  • Monitor and control and the materials to minimize pilferage & stealing

HEAD OF AUDIT & STORES

FINERPRO MANUFACTURING LTD
02.2014 - 04.2018
  • Provides advice to business management on best internal control
  • Conducting general audit and reporting observations.
  • Overseeing Pre- payments and Post payments audits including assets audit
  • Preparations of Audit plans and audit programmes.
  • Monitoring quality controls of goods produced

GROUP INTERNAL AUDITOR

BEST WESTERN PLUS
11.2020 - 11.2014
  • Set up internal audit department.
  • Take ownership of the provisioning of data for all tools utilized in the department with clear focus
  • Prepare audit planning memorandum and Audit report , and present same to management
  • Food & Beverages costing & portioning and cost control
  • BRANCHES: Bayse One Brick House Hotel Samoanda GRA, Ibadan, Bayse One Premium Hotel & Suites Jericho, GRA, Ibadan, Bayse One Place Hotels and Suites, Jericho GRA, Ibadan Bayse One Executive Suite & Bar Oluyole GRA, Ibadan, Town House Hotels & Suites, Iyaganku, GRA, Ibadan, Pioneer Sports & leisure Club Jericho, GRA, Ibadan

GENERAL MANAGER, FINANCE AND ADMIN

A. A ADEWOYIN PETROLEUM
08.2011 - 01.2014
  • Logistic functions- Monitors petroleum lifting’ and distributions to filing stations.
  • Accounting functions- Carry out financial transactions, Check and verify the completeness and accuracy of relevant invoices/documents including reconciliations of receipts and sales of petroleum production to our stations
  • Check and ensure that all credits have been approved in accordance with the credit policy. Carry out financial, operational, assets and balance sheet and statutory tax audit, risk management.
  • Administration- Coordinate, oversee and Supervised the Head office staff & branches

AUDIT MANAGER

BANK PHB LTD
06.2009 - 07.2011
  • Audit-Carry out : Financial, Operational, Compliance & assets audit, risk management
  • Design, revise or update appropriate internal control, audit & compliance strategy and framework for the bank. Conduct regular reviews of the bank’s operations and submit of reports on same in accordance with the approved audit plan, policies, processes and audit manuals
  • Banking Operations: Credit risk Management/foreign exchange operations/risk management/exposures “Check and ensure that all credits have been approved in accordance with the credit policy.
  • Foreign Operations: Letter of credit, Bill for collections, Forex exposures/management
  • Corporate Banking/ Finance: Investment Banking, Mergers & acquisitions, Business Advisory Services

ASST. MANAGER

ADETOYO JUWON & CO (CHARTERED ACCOUNTANTS)
01.2007 - 06.2009
  • Auditing Taxation, Accountancy & Management Consultancy

Education

Institute of Internal Auditor - undefined

01.2025

PROFESSIONAL BANKER - PBSA

INSTITUTE OF BANKERS OF SOUTH AFRICA
SOUTH AFRICA
01.2014

ASSOCIATE - undefined

INST. OF TREASURY MANAGEMENT & FINANCIAL ACCOUNTANT
NIGERIA
01.2007

DIPLOMA - THEOLOGY

WORLD OF FAITH BIBLE CHURCH
KADUNA, NIGERIA
01.2007

POSTGRADUATE DIPLOMA - THEOLOGY

REDEEMED CHRISTIAN BIBLE COLLEGE
LAGOS, NIGERIA
06.2005

MBA - ACCOUNTING & FINANCE

AMBROSE ALLI UNIVERSITY
EKPOMA, NIGERIA
01.2003

ASSOCIATE - undefined

NIGERIAN INST. OF MANAGEMENT (CHARTERED)
NIGERIA
01.2002

ASSOCIATE CHARTERED - BANKING & FINANCE (ACIB)

CHARTERED INSTITUTE OF BANKERS OF NIGERIA
LAGOS, NIGERIA
09.1990

Skills

Patient

undefined

Interests

Community Development, Volunteer, Reading and Researching

Accomplishments

Setting up internal audit departments and designing and audit plans/programmers, designing risk management mitigations

Affiliations

  • The Institute of Bankers of South Africa.
  • The Chartered Institute of Bankers of Nigeria.
  • The Nigerian Institute of Management (Chartered)
  • The Inst.of Treasury & Financial Management of Nig.
  • The Institute of Corporate Governance of Nigeria.
  • Alumni: Ambrose Alli University, Ekpoma, Nigeria
  • Full Gospel Business Men’s Fellowship Intl. (FGBMFI) Kaduna & Ibadan Chapter

AUDITORS AND INSPECTION TRAINING

  • Fraud risk assessment in hospitality industry
  • Portion control as a tools for Hospitality Industry
  • Reviews of Internal Audit Policies in Hotels
  • Inventory control / management
  • Fraud prevention and control
  • Office work ethics
  • Food and beverages cost controls
  • Budget as a management tools
  • Reviews of internal control policies and procedures
  • Medalia software for hotels
  • Hazard analysis critical points (HACCP) as a safety checks in hospital industry
  • Front office and its correlations to the growth of hospitality industry
  • Cashiering training
  • Credit risk management
  • Banking operations trainings
  • Audit and inspection training
  • Foreign operations trainings & letter of credit
  • Sales strategy
  • Bond management
  • Letter of credits
  • Corporate/structured financing
  • Risk management
  • Offshore financing
  • Loan syndication

ADDITIONAL INFORMATION- PART TIME LECTURING

  • 01/20-02/2024 HIGHLAND COLLEGE OF TECHNOLOGY SAMONDA IBADAN NIGERIA-LECTURER- 01/20-02/23E Courses Taught- Auditing, Financial Accounting, Cost Accounting, Public Sector Accounting, Auditing
  • 01/21-11/2024 ADECOM COLLEGE OF BUSINESS & MANAGEMENT IBADAN NIGERIA, LECTURER 2021-DATE Courses Taught Advanced Financial Accounting, environmental Auditing, and Advanced IFRS.
  • 01/20-02/2024 UNIVERSITY OF IBADAN CONSULT. LECTURER PART TIME IBADAN, NIGERIA Management accounting, Macroeconomics theory, financial management, Business policy & Strategy
  • 06/18-09/19 TSHISIMA FET COLLEGE PRETORIA SOUTH AFRICA, LECTURER –PART TIME Courses Taught – Financial Accounting, Business Management
  • 01/19-09/19 MANAGEMENT COLLEGE OF SOUTH AFRICA EAST LONDON SOUTH FRICA FACILITATOR 2019-2019 Courses Taught- Management Accounting
  • WATERSRAND BUSINESS & COMPUTER COLLEGE, PRETORIA CBD SOUTH AFRICA LECTURER (PART TIME) Courses Taught – Financial Accounting.. Maintain Lecturer/ Students Portfolios.
  • 2019-2019 MANAGEMENT COLLEGE OF SOUTH AFRICA EAST LONDON SOUTH AFRICA LECTURER/FACILITATOR Courses Taught- Management Accounting.

Timeline

NEST, HEAD, INTERNAL AUDIT

BON HOTELS
02.2021 - Current

GROUP INTERNAL AUDITOR

BEST WESTERN PLUS
11.2020 - 11.2014

INTERNAL AUDITOR

INFRATEQ CONCEPTS PTY
07.2018 - 09.2019

HEAD OF AUDIT & STORES

FINERPRO MANUFACTURING LTD
02.2014 - 04.2018

GENERAL MANAGER, FINANCE AND ADMIN

A. A ADEWOYIN PETROLEUM
08.2011 - 01.2014

AUDIT MANAGER

BANK PHB LTD
06.2009 - 07.2011

ASST. MANAGER

ADETOYO JUWON & CO (CHARTERED ACCOUNTANTS)
01.2007 - 06.2009

Institute of Internal Auditor - undefined

PROFESSIONAL BANKER - PBSA

INSTITUTE OF BANKERS OF SOUTH AFRICA

ASSOCIATE - undefined

INST. OF TREASURY MANAGEMENT & FINANCIAL ACCOUNTANT

DIPLOMA - THEOLOGY

WORLD OF FAITH BIBLE CHURCH

POSTGRADUATE DIPLOMA - THEOLOGY

REDEEMED CHRISTIAN BIBLE COLLEGE

MBA - ACCOUNTING & FINANCE

AMBROSE ALLI UNIVERSITY

ASSOCIATE - undefined

NIGERIAN INST. OF MANAGEMENT (CHARTERED)

ASSOCIATE CHARTERED - BANKING & FINANCE (ACIB)

CHARTERED INSTITUTE OF BANKERS OF NIGERIA
Michael Olaniyi Adetoyi