Owolabi Odufejo
Summary
Seasoned professional with expertise in regulatory compliance and operational strategy, skilled in IFRS and financial management. Proven track record in policy planning and tax legislation, offering executive advisement focused on process improvement. Experienced in project management and ERP software, aiming to drive strategic organizational growth.
Overview
18
18
years of professional experience
1
1
Certification
Work history
Financial controller
Phillips Pharmaceuticals Nigeria Limited
Lagos, Lagos
2021.04 - Current
- Performed rigorous risk assessments to safeguard company assets effectively.
- Managed complex investment portfolios to maximise returns on capital employed.
- Streamlined expenditure management processes to deliver cost efficiencies for stakeholders.
- Supervised finance professionals to build high-performance culture across functions.
- Collaborated effectively with senior executives to formulate corporate fiscal strategies.
- Facilitated comprehensive financial analysis to drive strategic decision making.
- Drove process improvements in finance function, fostering enhanced productivity.
- Reviewed annual financial statements, collaborating with audit partners to produce statutory accounts.
- Oversaw and approved monthly management accounts, contributing to strategic decision-making.
- Maximised year-end tax benefits by efficiently managing cash flows.
Finance manager
Massilia Motors Nigeria Limited
Lagos, Lagos
2018.06 - 2021.03
- Facilitated capital-raising initiatives for business expansion planning and execution.
- Produced comprehensive financial reports for top management review and decision-making.
- Reviewed and updated internal financial policies, ensuring compliance with regulations.
- Oversaw audits to collate accurate data and recommend constructive improvements.
- Designed dashboards to enhance Business Intelligence and KPI reporting.
- Identified areas for improvement and enhancements in financial processes and reporting mechanisms.
- Developed thorough forecasting and cash-flow management processes to maximise progression and profitability.
- Delivered regular management reporting and supervised quarterly tax calendar.
Business Control Manager
CFAO Mobility Nigeria
Lagos, Lagos
2016.03 - 2018.05
- Streamlined control processes by rolling out daily management routines and checklists.
- Improved financial reporting accuracy and consistency by standardising month-end inputs.
- Supported regulatory compliance by carrying out inspections and audits on schedule.
- Promoted a culture of continuous improvement within the team by actively seeking feedback from stakeholders.
- Coordinated audits to maintain compliance with regulatory standards.
- Educated line managers on policy and process changes for implementation.
- Developed and implemented forward-thinking strategies, enabling continued progression towards business talent and compliance goals.
Head Credit Control & Risk
RT Briscoe Nigeria Plc
Lagos, Lagos
2014.01 - 2016.02
- Created an efficient reporting system, improving transparency and accountability in credit control operations.
- Negotiated repayment plans, reducing the number of delinquent accounts.
- Issued official approval and rejection notices within allowable limits and in line with institutional risk profiles.
- Conveyed terms and conditions to applicants to inform about repayment requirements and potential actions in case of default.
- Analysed financial statements to identify client viability and risk.
- Tracked outstanding debtor balances and collected incoming cash on accounts whilst maintaining good customer relationships.
- Collaborated with external agencies for effective debtor management strategies.
- Advised senior management on credit policy matters and risk management.
Accountant
Kedari Capital Limited
Lagos, Lagos
2012.06 - 2013.11
- Executed comprehensive internal audits; highlighted areas requiring action.
- Facilitated company-wide budget meetings; achieved consensus on fiscal strategy.
- Improved cash flow through meticulous accounts receivable management.
- Led tax compliance initiatives to ensure regulatory alignment.
- Reviewed and certified official financial statements for presentation to shareholders and governing bodies.
- Analysed budgets and financial projections for accurate reporting of company performance.
Senior consultant (Freelance)
Arkounting Professional Services Limited
Lagos, Lagos
2012.03 - 2012.05
- Produced high-quality reports that kept client satisfaction consistently high.
- Provided strategic advice and practical solutions to strengthen client relationships.
- Delivered training workshops that improved team skills through hands-on sessions.
- Conducted in-depth market research to gain industry insights on enterprise risk management framework.
Credit Controller
Neimeth International Pharmaceuticals Plc
Lagos, Lagos
2010.06 - 2012.02
- Coordinated legal actions against defaulters to safeguard company interests.
- Updated database regularly for maintaining up-to-date record of all transactions.
- Negotiated repayment arrangements, improving cash flow in the process.
- Improved financial efficiency by implementing new credit control procedures.
- Streamlined debt collection processes resulting in improved financial health of the company.
- Established effective payment plans to facilitate timely debt recovery.
- Monitored client's credit situation closely, mitigating risks associated with late payments.
- Recommended improvements to credit policies based on market trends and analysis.
Management accountant
Neimeth International Pharmaceuticals Plc
Lagos, Lagos
2009.02 - 2010.05
- Facilitated department updates to support day-to-day budgeting and forecasting cycles.
- Conducted variance analyses each period to spot emerging risk areas.
- Produced comprehensive performance reports for senior management review meetings.
- Reviewed and certified official financial statements for presentation to shareholders and governing bodies.
- Assisted with developing and ongoing control of costing and pricing systems for business goods.
- Advised management on financial details related to business operations, inventory levels and budgets.
- Analysed budgets and financial projections for accurate reporting of company performance.
- Coordinated month-end close procedures for timely reporting.
Accountant
Victor AKintola & Co
Lagos, Lagos
2008.08 - 2009.01
- Initiated cost-saving measures by evaluating and improving operational processes.
- Identified areas for improvement in corporate structure, enhancing overall efficiency.
- Provided expert advice on organisational change, resulting in streamlined operations.
- Reviewed company policies regularly, aligning them with changing legal requirements.
- Strengthened stakeholder relationships through effective communication and engagement methods.
- Liaised closely with clients throughout consulting process, ensuring satisfaction at every stage.
Education
Master of Science - Finance
University of Lagos
Nigeria 2001.04 - /2013
Bachelor of Science - Accounting
Olabisi Onabanjo University
Nigeria 2001.04 - /2008
Skills
- IFRS proficiency
- Financial forecasting
- Financial reporting
- Regulatory compliance knowledge
- Tax legislation familiarity
- Operational strategy implementation
- Financial strategy management
- Project Management
- Process improvement orientation
- Multi-Department coordination
- Engaging leadership
- Leadership skills
- Complex problem resolution
- Written and verbal communication
- Policy planning
- ERP Software knowledge
- Executive leadership advice
Certification
Institute of Chartered Accountants of Nigeria (ICAN) - Fellow Chartered Accountant (FCA)
Nigeria • 2020
Chartered Institute of Taxation of Nigeria (CITN) - Associate Member
Nigeria • 2020
Certificate in Project Management Techniques
Project Management College, United Kingdom • 2009
Certified in a standardized and evolving set of Project Management Principles.
References
References available upon request.
Timeline
Financial controller
Phillips Pharmaceuticals Nigeria Limited
2021.04 - Current
Finance manager
Massilia Motors Nigeria Limited
2018.06 - 2021.03
Business Control Manager
CFAO Mobility Nigeria
2016.03 - 2018.05
Head Credit Control & Risk
RT Briscoe Nigeria Plc
2014.01 - 2016.02
Accountant
Kedari Capital Limited
2012.06 - 2013.11
Senior consultant (Freelance)
Arkounting Professional Services Limited
2012.03 - 2012.05
Credit Controller
Neimeth International Pharmaceuticals Plc
2010.06 - 2012.02
Management accountant
Neimeth International Pharmaceuticals Plc
2009.02 - 2010.05
Accountant
Victor AKintola & Co
2008.08 - 2009.01
Master of Science - Finance
University of Lagos
2001.04 - /2013
Bachelor of Science - Accounting
Olabisi Onabanjo University
2001.04 - /2008