BOLANLE MUSTAPHA
Whitby,ON
Summary
As a seasoned Finance Officer with over a decade of experience, proficient in managing all aspect of Accounting, Financial Operations, Budgets, Cost Analysis and Payroll. Additionally holds an MBA in Human Resources Management and a certification as a National Accountant of Nigeria, my career is defined by a proactive approach and a commitment to continuous improvement. A collaborative communicator and tech-savvy professional, I am dedicated to fostering organizational success through data-driven decision-making and excellence in financial management.
Overview
13
13
years of professional experience
Work History
Finance Officer
PONTIFICAL MISSION SOCIETIES (Ontario, Canada)
08.2023 - Current
- Preparing and analyzing financial reports and statements.
- Preparing of payroll and passing journal entries.
- Managing society's financial operations and activities.
- Managing relationships with vendors, suppliers, and service providers.
- Identifying areas where cost savings can be achieved and making recommendations for cost-cutting initiatives.
- Handling accounts payable, receivables and inter-company.
- Provided accurate and timely financial information to support decision-making within an organization.
- Facilitated smooth month-end closing procedures, minimizing errors and delays in financial statements preparation.
- Negotiated favorable terms with suppliers, achieving cost savings on procurement activities.
- Implemented cost-saving measures, reducing operational expenses without compromising quality or efficiency.
- Consistently met deadlines for regulatory filings while maintaining high levels of accuracy throughout documentation processes.
- Optimized cash flow management, ensuring timely payments to vendors and efficient fund allocation.
- Analyzed variances between actual performance and forecasted results, providing insights for future improvements.
Finance Analyst
A.G. Leventis (Nig.) Ltd
01.2021 - 03.2023
- Reviewed financial reports and streamlined financial operations to increase productivity and company profits.
- A key member in the finance team that helped the company in achieving budget, also played a key role in the reduction of operation and finance cost.
- Monitoring and reviewing budget performance against targets and identifying areas of concern or opportunity.
- Identified areas where cost savings can be achieved and making recommendations for cost-cutting initiatives.
- Enhanced management decision-making by providing insightful financial analysis and recommendations.
- Improved financial forecasting accuracy by developing and implementing robust financial models and tools.
- Managed accounts payable, receivables and inter-company
- Tracking and managing expenses and revenue to ensure that they stay within budget.
Payroll Specialist
A.G. Leventis (Nig.) Ltd
02.2016 - 12.2020
- Spearheaded the automation pf the entire payroll system with the use of Microsoft Dynamics.
- Assisted employees with inquiries regarding their paychecks, deductions, and other related issues, providing clear and concise communication.
- Developed and implemented payroll procedures and policies to determine compliance with state and federal regulations
- Prepared and processed payroll for 2000 employees monthly.
- Prepared and implemented payroll budgets for the organization
- Uploaded time records into computer system and made adjustments to create accurate database for payroll processing functions.
- Investigated payroll variances and employee claims to resolve discrepancies.
Account and Finance Officer
Bobby Royal Properties And Investment (Nig.) Ltd
07.2012 - 01.2016
- Streamlined accounting processes by implementing efficient financial software tools.
- Reduced budget discrepancies with thorough expense tracking and regular audits.
- Optimized resource allocation through effective budget management, resulting in reduced operational costs.
- Improved stakeholder relations by providing transparent and accurate financial reports on a consistent basis.
- Developed comprehensive monthly, quarterly, and annual financial statements to communicate corporate performance to executive leadership.
Bookkeeper
Cummins West Africa (Nig.) Ltd
07.2011 - 06.2012
- Maintained and processed invoices, deposits, and money logs.
- Managed accounts payable and receivable activities, maintaining vendor relationships and positive cash flow.
- Prepared monthly bank reconciliations to ensure accurate representation of company''s financial position.
- Posted daily receipts and payments in accordance with corporate protocols.
- Reduced errors in financial reporting by conducting thorough reviews and ensuring accurate data entry.
Education
Global Business Management -
Fleming College
Toronto, ON08.2024
MBA- Human Resource Management -
LAUTECH
01.2014
Bachelor of Science - Banking and Finance -
Bowen University
01.2011
Skills
- Financial Reporting
- Accounts Payable And Receivables
- Payroll Management
- Expense Tracking
- Account Reconciliation
- Budget Planning And Forecasting
- Payroll Processing
- Attention to Detail
Accomplishments
- Developed and implemented a new budgeting process that resulted in a 20% reduction in departmental operational costs without compromising service quality. (AG Leventis Ltd, Nigeria).
- Developed a five-year financial plan that aligned with the organization's strategic goals, resulting in a 10% increase in profitability over the period and the securing of additional equity of $500,000. (AG Leventis Ltd, Nigeria).
- Streamlined payroll processes, resulting in 100% on-time payroll disbursements for all employees over the past 12 months. (AG Leventis Ltd, Nigeria).
- Successfully implemented and transitioned the organization to a new payroll software system, reducing payroll processing time by 20% and minimizing errors. (AG Leventis Ltd, Nigeria).
- Created comprehensive and accurate donor reports that demonstrated the impact of contributions, resulting in a 10% increase in repeat donations from major donors. (Pontifical Mission Societies, Canada).
Timeline
Finance Officer
PONTIFICAL MISSION SOCIETIES (Ontario, Canada)
08.2023 - Current
Finance Analyst
A.G. Leventis (Nig.) Ltd
01.2021 - 03.2023
Payroll Specialist
A.G. Leventis (Nig.) Ltd
02.2016 - 12.2020
Account and Finance Officer
Bobby Royal Properties And Investment (Nig.) Ltd
07.2012 - 01.2016
Bookkeeper
Cummins West Africa (Nig.) Ltd
07.2011 - 06.2012
Global Business Management -
Fleming College
MBA- Human Resource Management -
LAUTECH
Bachelor of Science - Banking and Finance -
Bowen University
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