Kabir Omotayo Olatundun
Financial Accountant
Toronto,Ontario
Summary
Dedicated Senior Financial Accountant with over 7 years of experience managing all financial procedures, crafting accurate budgets and financial reports for a large company. Organized and dependable at managing multiple priorities with a positive attitude. Excellent communicator and hardworking self-motivator dedicated to high-quality work.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Senior Financial Accountant
Live Active Leisure
09.2022 - Current
- Improved financial reporting accuracy by streamlining the month-end closing process and implementing new accounting procedures.
- Increased company revenue through streamlining payment services and conducting extensive internal audits to reveal and review discrepancies.
- Optimized working capital management practices, resulting in better cash flow management overall.
- Managed cash flow effectively through diligent monitoring of receivables, payables, and bank reconciliations.
- Supported management decision-making with relevant financial data analysis, preparing detailed reports for review.
- Reduced errors in financial statements by thoroughly reviewing and reconciling general ledger accounts on a monthly basis.
- Managed fixed asset accounting by maintaining a detailed asset register and ensuring timely depreciation calculations.
- Ensured accurate revenue recognition by closely adhering to IFRS guidelines when recording transactions in the general ledger system.
- Provided guidance to junior accountants, fostering professional development through continuous feedback and training opportunities.
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
- Perform control processes on accounts reconciliations for intercompany
- Fixed Assets: Maintain fixed asset records, including depreciation schedules, additions, disposals, and impairment assessments, ensuring compliance with accounting standards
- Assisted with successful external audits by providing comprehensive documentation and addressing inquiries in a timely manner.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
Senior Financial Accountant
Enterprise Life Assurance Company
01.2021 - 04.2022
- Administer monthly accounting close procedures and deliverables (journal entries, reconciliations, reports) in compliance with IFRS/GAAP.
- Managed fixed asset accounting by maintaining a detailed asset register and ensuring timely depreciation calculations.
- Maintained compliance with federal, state, and local tax regulations by accurately filing all required returns on time.
- Prepare monthly account reconciliations and journal entries
- Assisted with successful external audits by providing comprehensive documentation and addressing inquiries in a timely manner.
- Increased company revenue through streamlining payment services and conducting extensive internal audits to reveal and review discrepancies.
- Managed cash flow effectively through diligent monitoring of receivables, payables, and bank reconciliations.
- Prepare year-end audit support files
- Provide support to the monthly/quarterly close process including preparing journal entries and variance analysis with comments
- Supervised timely filing of statutory payment such as WHT, VAT, NHS, NSITF, PAYE reports per month, receiving zero audit failures or penalties.
- Developed thorough forecasting and cash-flow management processes to maximise progression and profitability.
- Identified improvement changes regarding key processes for internal controls and accounting procedures.
- Perform control processes on accounts reconciliations for intercompany
- Assist with ad hoc projects and duties in the accounting department.
Finance & Accounts Associate
Euracare Multi-Specialist Hospital Nigeria
12.2016 - 01.2021
- Participated in internal controls reviews, identifying weaknesses in current processes that could lead to potential financial misstatements or fraud.
- Assisted in training new team members, ensuring they were equipped with the knowledge and skills necessary to maintain high standards of financial management within the organization.
- Provided valuable financial insights to department heads, aiding in the development of strategic plans and resource allocation decisions.
- Streamlined invoice processing, reducing manual input errors and improving overall efficiency of the accounts payable function.
- Completed bi-weekly payroll for company employees.
- Matched purchase orders with invoices and recorded necessary information.
- Recorded deposits, reconciled monthly bank accounts and tracked expenses.
- Input financial data and produced reports using Sage software and Microsoft Excel.
- Maintained account accuracy by reviewing and reconciling checks monthly.
Fund Accountant
Bairstows Energy Limited
09.2015 - 10.2016
- Enhanced financial reporting accuracy by diligently reconciling fund transactions and positions.
- Prepare capital call and distribution calculations and notices
- Supervise Associates and Analysts throughout the Net Asset Value (NAV) process
- Prepare investor allocations for each NAV cycle ensuring capital transactions are booked correctly and P&L is allocated correctly
- Maintained investor confidence with accurate preparation of client reports and consistent communication.
- Optimized work processes through collaboration with team members and cross-functional departments.
- Reconciled daily trading transactions to ascertain necessary month-end adjustment measures.
- Conducted detailed research into market trends to inform investment decisions, supporting long-term profitability goals for clients'' portfolios.
- Authored daily roll forward schedules to maintain operational continuity.
- Contribute to the launch of new funds and SPVs.
- Tracked funds, prepared deposits and reconciled accounts.
Fund Account Officer
Laudable Group Limited
06.2015 - 08.2015
- Developed strong relationships with clients by promptly addressing inquiries or concerns related to their accounts.
- Book journal entries related to cash payments and accruals.
- Assist with setting up, preparing and reviewing consolidations through the investment structure using various consolidation rules
- Prepare third party reconciliations of investments and cash.
- Enhanced accuracy in account reconciliations by closely reviewing transactions for discrepancies or errors before finalizing financial statements.
- Managed accounts payable and receivable, ensuring prompt payment and accurate recordkeeping.
- Increased fund performance by diligently analyzing and monitoring investment data.
Analyst
Index Consulting
11.2014 - 03.2015
- Collaborated with cross-functional teams to identify opportunities for process improvement and increased efficiency.
- Validated results and performed quality assurance to assess accuracy of data.
- Preparation of weekly, Bi-monthly and Monthly report
- Improved internal knowledge sharing by developing comprehensive documentation outlining standard operating procedures for various tasks.
- Identified and resolved problems through root cause analysis and research.
- Conducted workplace compliance training to reduce liability risks and operate effectively.
Education
Master of Science - Risk Management And Insurance
University of Lagos
Nigeria01.2021
Bachelor of Science - Insurance And Risk Management
University of Lagos
Nigeria02.2015
Skills
- Month-end close and Management Reporting
- Financial stability knowledge and Tax Compliance
- Financial Planning and Analysis
- Budgeting and Forecasting
- Proficient with US GAAP, and IFRS accounting standards
- Excellent written and oral communication skills
- Risk Management and Internal Control Process
- Strong coaching and ability to lead and influence team members
- Strong problem-solving and value-adding skills
- Proficiency in accounting software & Microsoft office tools- Sage 50, 200, Excel, Power BI, etc
- Ability to adapt to constant changes and new environments
- Management Reporting
Accomplishments
- Supervised team of 5 staff members.
- Used Microsoft Excel to develop inventory tracking spreadsheets.
- Coach of the year award: Award in recognition for visualizing a plan for the attainment of specific goals through coaching and demonstrating commitment to the growth of junior team members.
Certification
- ACA - Institute of Chartered Accountants of Nigeria,
- AAT - Associate Accountant Technician, West Africa
- CPA - Certified Public Accountant - Ongoing
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Senior Financial Accountant
Live Active Leisure
09.2022 - Current
Senior Financial Accountant
Enterprise Life Assurance Company
01.2021 - 04.2022
Finance & Accounts Associate
Euracare Multi-Specialist Hospital Nigeria
12.2016 - 01.2021
Fund Accountant
Bairstows Energy Limited
09.2015 - 10.2016
Fund Account Officer
Laudable Group Limited
06.2015 - 08.2015
Analyst
Index Consulting
11.2014 - 03.2015
Master of Science - Risk Management And Insurance
University of Lagos
Bachelor of Science - Insurance And Risk Management
University of Lagos
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