Oladimeji Oyetunde JOJOLOLA
Managing Director
Summary
Male, Chartered Accountant, Business Administrator and an Engineer. Over 30 years working experience that has spanned various sectors: academics, automobile, audit firm, downstream oil industry and International commodity trading Companies. The last 20 years has been dedicated to agric value chain development and soft commodities trading: Cocoa, Sesame, Cashew and Spices, experience has transcend finance function, operations and supply chain management, risk assessment and control
Versatile Managing Director with proven abilities across all levels of organizational management. Talented in developing partnerships, overseeing personnel and developing tactical plans to meet strategic goals. Proven leader with significant background in agricultural value chain management and financial industry.
Ambitious Managing Director with excellent soft and interpersonal skills. Highly effective at promoting positive relationships and building capable teams. Track record of improving overall operations, reducing overhead and increasing corporate value.
Overview
27
27
years of professional experience
Work History
Managing Director
Armajaro Nigeria Limited, Crop Doctor Nigeria Limited
Lagos
11.2014 - Current
- I was promoted to the Country Manager role to turn around an underperforming organization suffering from declining revenues and huge overhead
- In 2016, the fortune of the company was reversed and the business was returned to full profitability with a PBT of over $1m by 2017 financial year
- This was achieved by:
- Implementing growth strategies for both new business and existing ones
- Turned around under performing business unit, reshuffle personnel and instituting new business strategy
- Analyze market data and trends to provide tactical recommendations and strategic business planning for the company
- Introduced a strategy on motivation tied to performance of the procurement team
- Specific tasks involved include the following amongst others:
- Supply Chain Management
- Operations and Profitability Management
- Establishing company strategy
- Relate with relevant government agencies and private sector players
- Set up Agricultural value chain company called, Crop Doctor Nigeria Limited in 2020 for importation and marketing of Agro chemical Products like Herbicides,Insecticides, Fungicides, Fertilizers,Protective equipments and small agro machineries.
- Crop Doctor business has grown in revenue (>$10m), GM (>$1m) and market share (2%) over the last two years
- Led change and transformation across business areas to deliver benefits and align company resources.
- Fostered work culture of collaboration and inclusion to increase morale and reduce turnover.
Commercial and Finance Director
Armajaro Nigeria Limited,
Lagos
08.2003 - 11.2014
- Structured multi million dollar deals on yearly basis with the banks to finance the buying operations
- Set up and coordinate traceable and certification programme for cocoa
- Responsible for budgeting, forecasting and reporting, KPI tracking and financial analysis including presentation to the Country Manager and Group Finance Director
- Prepare monthly accounts for presentation to the foreign office
- Established and enforced controls on revenue and expenses to protect company assets.
- Forecasted trends and recommended improvements based on financial risk analyses.
- Drove revenue stream development through strategic collaboration and partnerships.
- Drove profit increases through market research and strategic asset management to meet dynamic industry conditions.
- Completed filings and upheld strict compliance with regulatory agencies and supervisors.
- Improved resource utilization with data management systems, reducing costs through strategic coordination and contract analysis.
- Verified compliance of financial policies and accounting procedures against federal and state regulations.
- Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
- Assisted with recruiting, interviewing and hiring new department employees.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
- Supported operations management, sales and marketing efforts to increase revenue and overall financial health.
- Generated financial and operational reports to assist management with business strategy.
- Spearheaded expansion strategies to increase business market share.
Product/ Management Accountant
Conoil Plc, Formerly National Oil and Chemical Marketing Plc
Marina
01.2002 - 07.2003
- Co-ordinates all the Company transaction with Petroleum Products Marketing Company (PPMC) nationwide
- Directly responsible for the costing of all Products imported by the Company
- Prepare a monthly product wise management report
- Account for all the company inventory/stock items nationwide
Accountants, Audit Senior
Ernst & Young, Chartered
Lagos
04.1997 - 12.2001
- Involved in audit, Business and Financial advisory services to clients in various sectors:
- Responsibilities include:
- Head of Audit teams on various assignments
- Involved in due diligence assignment for company takeovers or buy-over
- Involved in governance audit of Federal Government privatised Companies
- Reengineering and restructuring of companies
- Strategy development
- Process management
Graduate Assistant
Federal University of Technology Akure
05.1997 - 03.1997
Quality Control Engineer
Anambra Motor Manufacturing Company, ANAMMCO
11.1992 - 04.1994
Education
Master of Business Administration -
Federal University of Technology
Master of Engineering - Corrosion Engineering
Federal University of Technology Akure
Bachelor of Engineering - undefined
Federal University of Technology
Chartered Accountant - Accounting
Institute of Chartered Accountants of Nigeria
05.2001 - 05.2001
Skills
Market development and entry strategy
undefinedAffiliations
Institute of Chartered Accountants of Nigeria (ICAN) 2001
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Timeline
Managing Director
Armajaro Nigeria Limited, Crop Doctor Nigeria Limited
11.2014 - Current
Commercial and Finance Director
Armajaro Nigeria Limited,
08.2003 - 11.2014
Product/ Management Accountant
Conoil Plc, Formerly National Oil and Chemical Marketing Plc
01.2002 - 07.2003
Chartered Accountant - Accounting
Institute of Chartered Accountants of Nigeria
05.2001 - 05.2001
Graduate Assistant
Federal University of Technology Akure
05.1997 - 03.1997
Accountants, Audit Senior
Ernst & Young, Chartered
04.1997 - 12.2001
Quality Control Engineer
Anambra Motor Manufacturing Company, ANAMMCO
11.1992 - 04.1994
Master of Business Administration -
Federal University of Technology
Master of Engineering - Corrosion Engineering
Federal University of Technology Akure
Bachelor of Engineering - undefined
Federal University of Technology
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