Summary
Overview
Work History
Education
Skills
Accomplishments
PASSION
Timeline
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ADEWALE ADEYEMO

North York, Toronto,ON

Summary

Professional accountant lead with fifteen years' testimonial in implementing financial control process in a forward-looking organization; led a cost optimization scheme that impacted net income, reducing operating costs by 15%; introduced debt equity conversion strategic to attain 30% gearing ratio; offered a new financial system (audit mate) that accelerated reporting by 40%, improving reporting system in the organization.

Overview

15
15
years of professional experience

Work History

Finance Manager

Société BIC
France, Clichy
08.2020 - 04.2024
  • Performed accounting cycle functions by keeping track of company's financial activities from transaction occurrence to financial statements presentation and account closure; provided stakeholders with 100% reliable financial data.
  • Reconciled ledger account balances by automation of reconciliation processes and matching ledger balances with source documents; attaining 100% financial accuracy and data integrity.
  • Achieved timely and efficient month-end and annual closing through effective team coordination and prioritization of deliverables resulting in savings of minimum of 2 days.
  • Managed AP, AR, inventory and revaluations by making sure that transactions were accurately booked, adjusting entries rightly passed and this gave rise to attaining accounts' accuracy, consistency, and completeness
  • Implemented new accounting software that increased process efficiency by 40%.
  • Improved organization processes and policies through introduction of Standard Operations Procedures which provided efficient workflows and increased throughput by 30%.
  • Completed financial statements audit within two months after financial year end close by way of keeping adequate financial records and provision of appropriate support to auditors.
  • Implemented efficient payroll system with zero percent error reporting.
  • Wrote Excel formulas to add conditional formatting to budgeting spreadsheet.
  • Used MS Access to identify and improve low-performing portfolios. Increased average revenue by 19%.

Financial Controller

Millenium Oil & Gas Company Limited
Lagos, Nigeria
01.2009 - 07.2020
  • Successfully managed accounting functions for growing business with annual revenue of $75million
  • Enhanced cash flow management system, allowing company to reduce debt by 20%
  • Led quarterly budget reviews that reduced extraneous expenses by 15%
  • Streamlined procurement by negotiating longer payment terms with suppliers to extend Days Payable Outstanding (DPO) to 45days as against 30days
  • Effectively redesigned Order to Cash (O2C) process through cross-functional alignment culminating in stronger working capital turns and 25% reduction in Days Sales Outstanding, back order and bad debt
  • Led transition to paperless practice by implementing enterprise resource planning software that reduced cost of labour by 30%, and operational overheads expenses by 15%.

Education

Master of Science - Accounting

University of Lagos
Nigeria
11.2016

Bachelor of Science - Accounting

University of Ado-Ekiti
Nigeria
11.2004

Skills

  • Comfortable working under pressure in fast-paced environment with zero percent demurral
  • Possessed proven track record of working both independently and collaboratively to meet corporate objective
  • Strong conceptual, analytical & evaluative skills that enhances informed decision making
  • Proficient in ERP system such as Sage, QuickBooks, JD Edwards, Hyperion , ANAPLAN, Microsoft Suite, Dynacom Accounting etc
  • Utilized Power BI to track and analyze data
  • Sound knowledge of IFRS and GAAP standards

Accomplishments

  • Certified Professional Forensic Accountant (CPFA)- The Institute of Certified Forensic Accountants, Canada, 2019
  • Fellow of the Institute of Chartered Accountant of Nigeria 2019
  • Fellow of the Institute of Chartered Taxation of Nigeria 2019

PASSION

· Financial literature and Analysis: Keeping abreast of latest financial info and market analysis. trends, always seeking to improve my insight.

· Horizon outlook and sustainable growth: Driving sustainable economic growth and ESG reporting.

Timeline

Finance Manager

Société BIC
08.2020 - 04.2024

Financial Controller

Millenium Oil & Gas Company Limited
01.2009 - 07.2020

Master of Science - Accounting

University of Lagos

Bachelor of Science - Accounting

University of Ado-Ekiti
ADEWALE ADEYEMO