OTITE OYIBO-RHOKAYE
Ojo, Lagos,Nigeria
Summary
Experienced financial professional with expertise in financial reporting, asset management, and financial problem solving. Demonstrates strong skills in data integrity, financial modelling, and data analysis, with a proven track record in forecasting and budgeting. Proficient in the use of Zoho and QuickBooks, with notable achievements in cost control and budgeting, as well as fundraising and budgeting. Committed to maintaining high standards of data integrity and financial accuracy, with a career goal to enhance financial strategies and drive organisational growth.
Overview
12
12
years of professional experience
Work History
Finance manager
Cubana FMCG
VICTORIA ISLAND, Nigeria
05.2024 - Current
- Reviewed and updated internal financial policies, ensuring compliance with regulations.
- Streamlined invoice processing reducing errors and delays.
- Streamlined financial procedures to improve efficiency and accuracy.
- Enhanced company profitability with strategic budget planning.
- Reduced operational costs by implementing cost-saving strategies.
- Developed comprehensive financial reports for top management review.
- Liaised between finance department and other departments fostering inter-departmental collaboration.
- Led forecasting exercises to anticipate future business needs.
- Ensured accurate tax filings, avoiding penalties and interest charges.
- Collaborated closely with auditors to ensure smooth audit processes.
- Negotiated favourable terms with vendors, achieving cost savings.
- Prepared regular cash flow reports assisting in better fund allocation.
- Oversaw financial reporting processes, maintaining accuracy and compliance with regulatory standards.
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
- Directed budgeting and forecasting activities to align financial goals with organisational objectives.
- Forecasted trends and interpreted cash flows to reliably inform business decisions.
- Implemented cost-control measures, optimising expenditure within budgetary constraints.
- Conducted variance analysis to identify discrepancies and implement corrective actions.
- Provided key input in strategic decision-making meetings, influencing company direction.
- Facilitated capital-raising initiatives supporting business expansion efforts.
- Implemented new financial systems enhancing data accessibility and reliability.
- Managed cash flow and liquidity, mitigating financial risks and ensuring stability.
- Monitored and reviewed financial controls, processes and procedures to enable best practice development.
- Administered payroll processes for accurate, timely salary disbursements.
- Contributed to hiring process by interviewing applicants and making recommendations for best-suited candidates.
- Reviewed bookkeeping and management accounts to achieve clear and correct reports.
- Created and presented accurate, detailed financial forecasts.
ACCOUNTANT
Bill Energy Services Limited
VICTORIA ISLAND, Nigeria
08.2023 - 03.2024
- Facilitated company-wide budget meetings; achieved consensus on fiscal strategy.
- Completed detailed profit and loss analysis; identified improvement areas.
- Assisted with strategic planning efforts leading to sustained growth.
- Ensured timely invoice payments with diligent follow-ups.
- Optimised financial performance by monitoring key indicators.
- Improved cash flow through meticulous accounts receivable management.
- Efficiently managed payroll processing tasks, avoiding errors.
- Conducted financial audits for improved internal controls.
- Achieved streamlined operations by implementing efficient accounting systems.
- Handled complex account reconciliations; ensured consistency in records.
- Enhanced profitability by managing cost control measures.
- Prepared monthly and yearly balance sheets, ensuring accuracy.
- Performed thorough expenditure tracking, preventing overspending.
- Reviewed and reconciled ledgers to maintain integrity of financial data.
- Followed up with customers to collect specific financial information and verify details for preparation of WTH tax remittance.
- Produced accurate tax returns complying with official requirements and serving client needs for minimising liabilities.
- Assisted with developing and ongoing control of costing and pricing systems for business goods.
- Tracked tax, invoicing and budget information accurately using Zohobooks.
- Managed financial reporting processes resulting in enhanced transparency.
- Analysed budgets and financial projections for accurate reporting of company performance.
- Compiled financial data for business forecasting and budgeting.
- Streamlined budgeting exercises for efficient financial planning.
- Generated invoices based on established accounts receivable schedules and terms.
- Organised and carried out month-end, quarterly and year-end processes.
- Compiled general ledger entries on short schedule with 100% accuracy.
Associate Consultant
The Invent (Oven fresh)
Ajah, Lagos
01.2022 - 08.2023
- Prepare comprehensive management accounts, daily receivables reports, and end-of-day reports for informed decision-making
- Manage debtors through control sheet reports, optimize payables, support sales teams in account reconciliation, and ensure accurate financial reporting.
- Conduct monthly stock counting, open new customer accounts on ERP systems, and post recovered debts promptly for financial health and compliance.
- Implement integrated financial strategies to maintain compliance, transparency, and financial health for clients.
- Produced monthly financial reports, maintaining transparency in budgeting and spending.
- Collaborated closely with the finance team for accurate forecasting and budgeting.
- Facilitated accurate budgeting with regular review of expenditures against forecasts.
- Advised management on major repairs or renovations needed, assisting in budgeting.
- Compiled financial data for business forecasting and budgeting.
Audit Trainee
Sunday Akemegho & Co
Ikeja, Lagos
12.2021 - 03.2023
- Perform data entry functions with accuracy and efficiency.
- Reconcile and manage receivable and payable accounts.
- Provide support to the accounting and auditing team in their daily operations.
- Prepare and manage audit budgets effectively.
- Verify company financial information for accuracy and completeness.
- Plan and execute financial audits for the company.
- Develop and maintain internal auditing systems.
- Prepare comprehensive audit reports and statements for management review.
- Resolve client audit queries in a timely and efficient manner.
- Ensure compliance with state and company best practices in financial matters.
- Manage all accounting transactions meticulously.
- Prepare budget forecasts to aid in financial planning.
- Publish financial statements within designated timelines.
- Handle monthly, quarterly, and annual closings accurately.
- Ensure timely processing of bank payments.
- Compute taxes and prepare tax returns in compliance with regulations.
- Manage balance sheets and profit/loss statements effectively.
- Provide regular reports on the company's financial health and liquidity.
- Audit financial transactions and documents for accuracy and compliance.
- Maintain financial data confidentiality and conduct database backups as needed.
- Adhere to financial policies and regulations at all times.
- Collaborate with external auditors and regulatory bodies for compliance purposes.
- Monitor daily and monthly expenses to ensure alignment with the annual budget.
- Perform any other duties as assigned by the managing partner.
- Prepare staff payroll accurately and on time.
- Maintain and update the asset register as required.
- Participate in the computation and filing of tax returns.
- Assist in the computation of company income tax and capital allowance for client assets.
- Contribute to the preparation of client management accounts.
Purchase and Supply Management
Private Business
Ojo , Nigeria
09.2016 - 12.2020
- Procurement and acquisition of agricultural produce, including negotiation processes.
- Facilitating sourcing and delivery of good while ensuring competitive pricing for customers.
- Managing customer orders, coordinating deliveries, and maintaining consistent communication for efficient supply chain operations.
- Ensured adherence to budget restrictions during procurement processes.
- Oversaw procurement process efficiently reducing operational delays.
- Handled procurement of materials, reducing project costs.
- Developed relationships with suppliers to improve procurement processes.
Audit Trainee
Vincent Awhi & Co
Isolo, Lagos, Nigeria
09.2013 - 07.2016
- Engage in the meticulous preparation of financial statements, including staff payroll management.
- Conduct asset register computations, tax return filings, and participate in Company Income Tax (CIT) assessments.
- Additionally, calculate Capital allowances for client assets and source pertinent information from clients' bank statements for thorough financial analysis.
Education
Associate Chartered Accountant - Accounting and Finance
Institute of Chartered Accountant of Nigeria
Nigeria 11.2022 -
MBA - Finance
National Open University of Nigeria
Nigeria 07.2016 - 03.2018
B.Sc(Ed) - Economics
Ekiti State University
Nigeria 04.2010 - 07.2014
WAEC - O'Level
Kabe science College
Nigeria 09.1988 - 07.2002
Associate Accounting Technicians West Africa - Accounting
Institute of Chartered Accountant of Nigeria
Nigeria /2009 - /2011
Skills
- Financial Reporting
- Asset Management
- Interpersonal Skills
- Financial problem solving
- Data Integrity
- Use of Zoho
- Use of Quickbooks
- Financial modeling
- Data analysis and interpretation talent
- Forecasting and budgeting experience
- Maintenance budgeting acumen
- Fundraising and budgeting
- Cost control and budgeting
- Budgeting and cost estimation
- Expertise in gaap standards
- Debt management competence
- Leadership engagement
Languages
English
Yoruba
Nigeria Pidgin
Custom
- Olamilekan Bello ACA, Avetium Consult ltd, Management Accountant, Bellomuftau1001@gmail.com, +2349066498992
- Ifedayo Ojo, B.Sc ACA, FCA Tutors, Director, 08068360796
Timeline
Finance manager
Cubana FMCG
05.2024 - Current
ACCOUNTANT
Bill Energy Services Limited
08.2023 - 03.2024
Associate Chartered Accountant - Accounting and Finance
Institute of Chartered Accountant of Nigeria
11.2022 -
Associate Consultant
The Invent (Oven fresh)
01.2022 - 08.2023
Audit Trainee
Sunday Akemegho & Co
12.2021 - 03.2023
Purchase and Supply Management
Private Business
09.2016 - 12.2020
MBA - Finance
National Open University of Nigeria
07.2016 - 03.2018
Audit Trainee
Vincent Awhi & Co
09.2013 - 07.2016
B.Sc(Ed) - Economics
Ekiti State University
04.2010 - 07.2014
WAEC - O'Level
Kabe science College
09.1988 - 07.2002
Associate Accounting Technicians West Africa - Accounting
Institute of Chartered Accountant of Nigeria
/2009 - /2011
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