SHADRACH OBA OLAWALE
Accountant
Summary
Detail-oriented Accountant with 7 years of hands-on experience conducting audit planning activities and reviewing and compiling financial data. Expertise in evaluating internal and operational control procedures and determining liabilities and compliance with tax laws. Self-motivated professional comfortable taking initiative.
Overview
8
8
years of professional experience
6
6
years of post-secondary education
12
12
Certificates
1
1
Language
Work History
GROUP INTERNAL CONTROL OFFICER
RAMU GROUP, A DISTRIBUTION ARM OF BUA GROUP
Abuja
01.2021 - Current
- Designed and set up internal control procedure for every department of organization and standard audit procedure
- Daily reconciliation of company’s opening and closing stock
- Timely preparation of financial statements which help reduce over 60% of budget
- Preventing and detecting fraud and other unlawful acts
- Safeguarding company’s asset and minimizing risk
- Ensure accuracy of records
- Encourage adherence to policies, rules, regulation and laws guiding company’s operation
- Cross checking and vetting daily sales update and expenses
- Daily and monthly audit of all customers ledger
- Daily and monthly reconciliation of bank statement.
- Followed up to assess and report corrective action completion or progress.
- Performed extensive assessments of assets, liabilities and equity to verify accuracy in financial reports.
- Identified management control weaknesses and provided value added suggestions for remediation.
- Facilitated financial and operational audits, working with internal and external managers to communicate recommendations or issues surrounding audits.
- Consulted decision-makers to gather information and, resolve audit-related problems.
ACCOUNTANT
DENOYABS INTERNATIONAL
Abuja
01.2020 - 01.2021
- Gathered financial information, prepared documents and closed books.
- Created accurate budgets and forecasts for management group to meet regular accounting deadlines.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating and cash and banking reconciliations.
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement.
- Managed banking reconciliations and monthly balance sheet statements which help save the company over 5million Naira
- Achieved 80% accounting operational objectives by contributing accounting information and recommendations to strategic plans and preparing and completing action plans.
AUDIT ASSOCIATE
SKILLFIELD ASSOCIATE SERVICES
Abuja
01.2019 - 01.2020
- Performing routine audit, Forensic Audit assignment, Tax Audit, Asset Management, Maintaining books of account.
- Interviewed business owners to understand needs and explain audit scope.
- Identified audit risks, prepared budgets and coordinated with management and audit team in preparing related reports.
- Worked audit engagements for industries in engineering, manufacturing, non-profit and human resources.
- Performed extensive assessments of assets, liabilities and equity to verify accuracy in financial reports.
- Administered auditing program to address risks and evaluate compliance with regulatory requirements.
- Performed auditing work in accordance with rigorous auditing standards and principles.
- Followed up to assess and report corrective action completion or progress
GRADUATE TRAINEE
ADERINTO EMMANUEL AND CO
Abuja, Abuja
01.2017 - 01.2019
- Statutory Audit of government and private company
- Worked under supervision of senior employers to help plan and direct work of organization.
- Gathered, reviewed and summarized literature from scientific journals such as SciFinder and PubMed and produced graphs and other scientific calculations using MS Excel.
- Created lesson materials, visuals and digital presentations to supplement lesson plans.
- Provided comprehensive research assistance with over 50% support when designing and executing experiments.
- Carried out day-to-day duties accurately and efficiently.
- Demonstrated respect, friendliness and willingness to help wherever needed.
- Developed team communications and information for meetings.
- Onboarded new temps by entering employee information into systems.
- Led projects and analyzed data to identify opportunities for improvement.
ACCOUNTANT
NYSC
Abuja
01.2016 - 01.2017
- Gathered financial information, prepared documents and closed books.
- Created budgets and forecasts for management group to meet regular accounting deadlines.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating and cash and banking reconciliations.
- Supported monthly reporting analysis to achieve validation of internal reports and to reconcile production operations and general ledger. This help in the increase of sale 10% sales
CREDIT RISK OFFICER
Access Bank
Abuja
01.2012 - 01.2013
- Reviewed and verified income, credit reports and employment histories for each borrower.
- Adhered to banking standards and government lending guidelines for loan services.
- Performed semi-annual account credit limit reviews and credit increase review requests from financial service and sales teams.
- Tracked policy exceptions to review and enhance underwriting guidelines.
- Participated in strategic projects to support business goals.
Education
Bachelor of Science - Accounting (First Class Honors)
Bowen University Iwo
Osun State, Nigeria 08.2013 - 08.2016
National Diploma - Accountancy (Distinction)
THE FEDERAL POLYTECHNIC
Niger State, Nigeria 01.2009 - 01.2012
Skills
Internal control procedures
Developing internal controls
Internal controls implementation
Advance Excel and Power BI
Information system controls
Cost reviewing
Database Management
Account verification
Accomplishments
Successfully Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations.
Certification
Accelerated jobberman soft skills Training 2022
Affiliations
Member Programs Co-ordinating Unit Young African Leaders Initiative (YALI) Member LOC SDGs Abuja Connect Co-founder and Director of programs ORGANISATION FOR GLOBAL YOUTH PEACE EMPOWERNMENT AND DEVELOPMENT INITIATIVE (OGYPEDI) CO-Founder SAMOLAD INTEGRATED COMPANY
Additional Information
- AWARDS , Award for Brains and Browns Nigeria University Accounting Student Association, (NUASA) of 2016 Bowen University Chapter. (2016)
Timeline
GROUP INTERNAL CONTROL OFFICER
RAMU GROUP, A DISTRIBUTION ARM OF BUA GROUP
01.2021 - Current
ACCOUNTANT
DENOYABS INTERNATIONAL
01.2020 - 01.2021
AUDIT ASSOCIATE
SKILLFIELD ASSOCIATE SERVICES
01.2019 - 01.2020
GRADUATE TRAINEE
ADERINTO EMMANUEL AND CO
01.2017 - 01.2019
ACCOUNTANT
NYSC
01.2016 - 01.2017
Bachelor of Science - Accounting (First Class Honors)
Bowen University Iwo
08.2013 - 08.2016
CREDIT RISK OFFICER
Access Bank
01.2012 - 01.2013
National Diploma - Accountancy (Distinction)
THE FEDERAL POLYTECHNIC
01.2009 - 01.2012
Grade
First Class Honours
Grade
First Class Honours