OSEDEBAME OLAWALE

• Enhanced budget management by implementing expense tracking and cost reduction strategies.
• Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
• Optimized cash flow with diligent monitoring of accounts receivable and payable.
• Mentored junior finance staff, fostering professional development and strong team dynamics.
• Collaborated with cross-functional teams for strategic business planning and growth initiatives.
• Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
• Implemented risk management strategies to protect company assets and minimize losses.
• Played key role in strategic planning sessions, offering insights that shaped company direction and growth.
• Spearheaded annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
• Coordinated with external auditors to ensure smooth and compliant audit process each fiscal year.
• Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
• Improved overall financial reporting by streamlining control processes and reporting structures.
• Collaborated with directors and stakeholders to develop long-term financial plans.
• Offered direction and mentoring to three direct reports, comprising two Financial Analysts and one Finance intern.
• Supervised the monthly financial reporting processes, including its reports and schedules, variance analysis and journal entries.

Accomplishments

• Developed an alphanumeric coding system to manage all expense records across different departments, which also involved monitoring significant expenditure on the go. This facilitated the analysis and oversight of the overall costs incurred by each division, which resulted in cost reduction by 10%.
• Implemented strategies to reduce our receivables collection period from 60 days to just 15 days, significantly enhancing the company's overall working capital.

• Collaborated with business executives and senior personnel to create both consolidated and individual financial reports for the bank and its subsidiaries, adhering to FRC and IFRS guidelines.
• Tasked with preparing the consolidated financial statements for the bank and its affiliated subsidiaries.
• Assisted in the formulation of financial projections for both annual and mid-year reviews.
• Compiled regulatory reports on a daily, monthly, and quarterly schedule for governance organizations including NDIC, SEC, and CBN.
• Oversaw and reconciled the transactions initiated by the operations and treasury teams.

Accomplishments

• Examined and presented financial data, offering insights that led to a 15% boost in the company’s profitability.
• Optimized financial reporting templates for prepayments and accruals, resulting in a 30% reduction in processing time.

• Managed the daily activities of the finance department, encompassing financial analysis, accounting, budgeting, and forecasting.
• Supervised cash flow management, as well as accounts payable, accounts receivable, and payroll processes.
• Utilized effective leadership abilities and problem-solving expertise to ensure team productivity and streamline workflow to address daily requirements.

Accomplishments

• Extended the vendor payment cycle to 30 days to enhance resource management by utilizing available funds, leading to a 20% return on investment.
• Launched an internal initiative focused on transforming processes and fostering innovation, streamlining workflows through automation, which achieved 100% efficiency.

• Oversaw the automation of office tasks such as managing correspondence, maintaining records, and facilitating online communications.
• Offered guidance on business decisions that contributed to enhanced sustainability for the organization.
• Compiled monthly financial statements, including the accounts related to client contracts.

Accomplishment

• Developed financial controls that successfully scaled, as the company's revenue grew by 25% in 2016 compared to the previous year

• Established enhanced accounting systems and processes tailored to the organization's requirements, optimizing operational efficiency.
• Contributed to the formulation and execution of the company's business and growth strategies.
• Oversaw payroll for a team of ten employees.
• Calculated employee salaries, deductions, and contributions, processed documentation for new hires, managed benefits eligibility, and maintained a leave management system alongside confidential employee records.
• Implemented financial policies and procedures at Orange Insurance, facilitating smoother business operations.

• Fostered strong and enduring relationships with vendors by utilizing proactive communication, teamwork, and insightful questioning techniques.
• Discovered new and more economical suppliers by engaging in industry networking events, acquiring favorable packages, and implementing cost-saving measures.
• Managed treasury cash flow by supervising the reconciliation of banking transactions.
• Oversaw staff onboarding and training, maintained personnel records, among other responsibilities.
• Worked alongside a team of two to create a business plan project focused on establishing a printing press.