Toyin David Ariyo
Mowe,Ogun State
Summary
Seasoned professional with extensive expertise in financial and credit analysis, as well as banking products. Proficient in Sun Systems, QuickBooks, and Sage Line 50, with advanced skills in Microsoft Excel and PowerPoint. Successfully led Sun Systems project implementations and participated in global conferences, including the Shea Alliance Global Conference. Committed to continuous professional development through industry-specific training, including IFRS conversion and ICAN events, with a focus on leveraging financial acumen for organizational growth.
Overview
28
28
years of professional experience
11
11
years of post-secondary education
Work history
FINANCIAL CONTROLLER/FACILITY MANAGER/SALES/PROCUREMENT
LADGROUP LIMITED
2013.01 - 2026.02
- Set up accounting process and control for the organization
- Treasury Management.
- Preparation of monthly summary schedule of all taxes (PAYE, NSITF, VAT WHTax) and remittance to relevant tax authorities.
- On a monthly basis prepare company financials and other statutory reports and conduct balance sheet reconciliation reviews to highlight any profit risks and opportunities, and ensure that these get addressed.
- Drive category margins through SKU profitability assessments and reports.
- Drive the weekly financial reporting process and ensure effective weekly overhead controls.
- Ensure timely submission of budget and forecast.
- Ensure spending controls are in place.
- Ensure that the company’s assets are safe-guarded by working closely with internal audit to ensure that appropriate levels of controls are in place and that any exposures are addressed.
- Liaise with External Auditors and other Regulatory bodies to ensure compliance with statutory obligations.
- Management of Abimbola House Estate facility.
- Ladgroup Limited was the nation number one exporter of cocoa, Sheanut and cashew with an annual turnover of over N4billion naira per annum as at 1996.
- A Pioneer Sales Lead for the local sales of Sheabutter.
- Procurement Lead for the sourcing and receiving of Sheanuts.
- Negotiated favourable credit terms with suppliers, improving working capital position.
- Conducted thorough due diligence for potential mergers and acquisitions, mitigating commercial risks.
- Supervised a team of finance professionals, cultivating a high-performance culture.
- Implemented innovative accounting systems, enhancing operational efficiency.
- Drafted comprehensive reports on company's financial health, aiding stakeholder communication.
- Enhanced liquidity management with prudent cash flow planning and control.
- Coordinated with auditing department to ensure compliance with all regulatory requirements.
- Spearheaded preparation of annual accounts, ensuring transparency and accountability in financial reporting.
- Collaborated effectively with senior executives to formulate corporate fiscal strategies.
- Oversaw bank reconciliations and managed short-term working capital, including credit control.
- Coordinated building projects, minimising disruption to ongoing operations.
- Trained staff in emergency procedures, increased readiness and response time during crises.
- Updated security measures, enhanced overall site safety and security.
- Negotiated contracts with vendors, achieved significant cost savings.
- Controlled expenses and lowered costs to meet budget requirements.
- Produced management reports outlining important facility statistics.
- Verified contractors and suppliers deliver cost-effective, high-quality services per contractual terms.
- Enhanced market penetration with effective territory management.
- Conducted detailed market analysis to identify new opportunities.
- Analysed sales reports to identify trends and update strategies.
- Oversaw planning and execution of targeted sales and marketing strategies.
- Achieved cost reduction with strategic sourcing and vendor negotiations.
- Monitored inventory needs and worked with procurement team to facilitate supply chain operations.
- Sourced and verified quotations from suppliers before initiating purchase processes.
ACTING HEAD OF FINANCE
UTC NIGERIA PLC
2012.01 - 2013.01
- Provide financial leadership to the business, and oversee the controls, budgets and act as an interface with accounting.
- Ensure that financial targets are met and drive the business planning process.
- On a monthly basis prepare company financials and other statutory reports and conduct balance sheet reconciliation reviews to highlight any profit risks and opportunities, and ensure that these get addressed.
- Drive category margins through SKU profitability assessments and reports.
- Drive the weekly financial reporting process and ensure effective weekly overhead controls.
- Ensure timely submission of budget and forecast.
- Ensure spending controls are in place.
- Ensure that the company’s assets are safe-guarded by working closely with internal audit to ensure that appropriate levels of controls are in place and that any exposures are addressed.
- Liaise with External Auditors and other Regulatory bodies to ensure compliance with statutory obligations.
- Sourcing of Funds and treasury Management.
FINANCIAL CONTROLLER
UTC NIGERIA PLC
2005.01 - 2012.01
- Preparation of monthly summary schedule of all taxes (PAYE, NSITF, VAT WHTax) and remittance to relevant tax authorities.
- Monitoring of balance sheet items and trend analysis.
- Preparation of monthly financials and monthly management report.
- Liaising with external and internal auditors on audit and audit queries etc.
- Ensure compliance with company policy on credit and assessing credit worthiness of customers.
- Preparation of annual budget, monthly cash flow account and management of working capital.
- Budget monitoring and variance analysis.
- Cost Control.
- Ensure proper book keeping of account.
- Sourcing and analyzing various sources of funds to the organization.
- Coordinating, documentation and assisting in all company’s importation.
- Treasury management and control.
ACCOUNT OFFICER
NSL LOTTERIES MANAGEMENT COMPANY LTD
2004.01 - 2005.01
- Preparation of monthly summary schedule of all taxes (PAYE, NSITF, VAT WHTax) and remittance to relevant tax authorities.
- Preparation of invoices and bills for client payment.
- Vouching and preparation of invoices for approval and payment to creditors
- Ensure correct posting of all authorized expenses and transactions.
- Inventory Management.
- Stock control and monitoring.
- Posting of financial and accounting transactions into the accounting system.
- Preparation of bank reconciliation and resolve reconciled items.
- Monitoring of balance sheet items and trend analysis.
- Streamlined the invoice process, eliminated late payment issues.
- Implemented cost-saving measures, reduced unnecessary expenditure.
- Balancing of company ledgers, improved overall fiscal health.
- Assisted in annual audits to ensure accurate financial reporting.
- Generated regular budget forecasts for strategic planning purposes.
- Ensured compliance with standard accounting practices during all operations.
SENIOR BANKING ASSISTANT
FIRST BANK OF NIGERIA PLC
2003.01 - 2004.01
- Client’s service relationship.
- Reconciliation of NACS statements with CBN Main account.
- Treasury operations and support.
- Preparation of monthly CBN clearing returns.
- Posting of clearing entries.
FINANCIAL ACCOUNTANT
IBFCAgusto TRAINING LIMITED
2002.01 - 2003.01
- Preparation of Financial statements and monthly management accounts.
- Cash flow forecast, monitoring and implementation.
- Preparation and payment of VAT, NSITF, PAYE etc.
- Develop and maintain relationship with all account officers of company’s bank accounts.
- Cash and Liquidity management.
- Management of working capital.
- Cost Control.
- ACCOUNTING DUTIES
- FINANCIAL DUTIES
ACCOUNT OFFICER
STANDARD BUILDING SERVICES LTD
2001.01 - 2002.01
- Posting of transactions.
- Stock control and material procurement.
- Maintenance of cash book and preparation of bank reconciliation statements.
AUDIT TRAINEE
OLAITAN OSHINUGA & CO
1999.01 - 2001.01
YOUTH SERVICE
ANAMBRA STATE HEALTH MANAGEMENT BOARD
1998.01 - 1999.01
Education
Associate Chartered Accountant - Accounting
INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA
Nigeria 1999.01 - 2002.01
Higher National Diploma - Accountancy
OGUN STATE POLYTECHNIC ABEOKUTA
1995.01 - 1997.01
National Diploma - Accountancy
OGUN STATE POLYTECHNIC
Abeokuta 1993.01 - 1995.01
West African Examination Council - SSCE
NIGERIAN MODEL HIGH SCHOOL
1985.01 - 1989.01
Skills
- Introduction to Credit Analysis 2002 Lagos
- Understanding Banking Business and Products 2003 Lagos
- Introduction to Financial Analysis 2003 Lagos
- First Bank Head Hunt Induction Course 2003 Lagos
- Challenges of Accountants in Globalization 2003 Lagos
- Train the trainers Course 2004 Lagos
- ICAN Conference 2006 Abuja
- Mentoring Programme 2007 Lagos
- Budgeting and Budgetary Control 2008 Lagos
- Sun System Project Implementation 2008 Lagos
- Inforum 2008 – Sun System conference 2008 Las Vegas
- Developing Competencies – Creating Values 2011 UAE – Dubai
- IFRS Conversion Training – ICAN 2011 Lagos
- Shea Alliance Global Conference 2019 Ghana
- Sun Systems Accounting Package
- Window 98 & 2000, Microsoft Words
- Adobe Page Makers and Corel Draw
- Microsoft Excel and Power points
- QuickBooks Accounting Package
- Sage Line 50
- Finacle Banking Package
Referees
On Request
Affiliations
- Institute of Chartered Accountant of Nigeria - Associate
- Nigerian Institute of Management - Student
- Chartered Institute of Taxation - Student
- Chartered Institute of Stockbroker - Student
Timeline
FINANCIAL CONTROLLER/FACILITY MANAGER/SALES/PROCUREMENT
LADGROUP LIMITED
2013.01 - 2026.02
ACTING HEAD OF FINANCE
UTC NIGERIA PLC
2012.01 - 2013.01
FINANCIAL CONTROLLER
UTC NIGERIA PLC
2005.01 - 2012.01
ACCOUNT OFFICER
NSL LOTTERIES MANAGEMENT COMPANY LTD
2004.01 - 2005.01
SENIOR BANKING ASSISTANT
FIRST BANK OF NIGERIA PLC
2003.01 - 2004.01
FINANCIAL ACCOUNTANT
IBFCAgusto TRAINING LIMITED
2002.01 - 2003.01
ACCOUNT OFFICER
STANDARD BUILDING SERVICES LTD
2001.01 - 2002.01
Associate Chartered Accountant - Accounting
INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA
1999.01 - 2002.01
AUDIT TRAINEE
OLAITAN OSHINUGA & CO
1999.01 - 2001.01
YOUTH SERVICE
ANAMBRA STATE HEALTH MANAGEMENT BOARD
1998.01 - 1999.01
Higher National Diploma - Accountancy
OGUN STATE POLYTECHNIC ABEOKUTA
1995.01 - 1997.01
National Diploma - Accountancy
OGUN STATE POLYTECHNIC
1993.01 - 1995.01
West African Examination Council - SSCE
NIGERIAN MODEL HIGH SCHOOL
1985.01 - 1989.01