Kennie Ogunade
ON
Summary
Seasoned Financial Operations Professional with over 10 years' experience spanning Fintech startups, banking, and payment solution sectors. Expertise in business operations, financial accounting reconciliation, reporting, project management, risk mitigation and developing long-term strategies to sustain business goals and grow revenues and profits. Demonstrated leadership skills that drive organizational missions and optimize business operations. Seeking to leverage background and results to take next career step with a respected organization.
Overview
12
12
years of professional experience
1
1
Certification
Work History
FINANCIAL OPERATIONS MANAGER
RENMONEY MICROFINANCE LIMITED
01.2021 - Current
- Operational Process Optimization: Redesign and streamline operational workflows at Renmoney Microfinance Limited, enhancing efficiency by 40% through integrating system solutions, and facilitating real-time transaction processing that drives effectiveness and efficiency.
- Financial Performance Analysis: Utilize advanced Microsoft Excel functions to analyze financial data, improving reporting accuracy by 25% and supporting a data-driven approach to decision-making.
- Account Reconciliation: Spearhead the account reconciliation team, overseeing the meticulous reconciliation of more than 30 accounts, including receivables and payable accounts
- Successfully managed over 3,500 transactions daily, maintaining a flawless history with zero errors
- Employed advanced reconciliation techniques and rigorous quality control measures to ensure accuracy and completeness in financial records.
- Project Management Excellence: Direct cross-departmental projects delivering 95% of initiatives on time and under budget by optimizing resource allocation and timeline management.
- Data-Driven Business Insights: Leverage SQL and Power BI to provide actionable business insights, driving a strategic overhaul that resulted in a 15% increase in operational productivity.
- Business Development: Identify strategic investments for the organization to minimize risk and ensure adequate returns.
SENIOR OPERATIONS ASSOCIATE
RENMONEY MICROFINANCE LIMITED
04.2019 - 12.2020
- Transaction Efficiency Enhancement: Boosted transaction processing speed by 30% at Renmoney Microfinance Limited, overseeing the seamless execution of 90,000+ monthly transactions through the optimization third party solutions such NIBSS (NIP and NIBSS Easypay), Interswitch and Monnify.
- CRM Implementation for Customer Retention: Contributed to a 25% increase in customer retention by assisting in the Freskdesk CRM implementation, focusing on improving customer engagement and feedback mechanisms.
- Risk Identification and Mitigation: Aided in reducing credit risk by 15% by employing SEON and CREDOLAB to identify potential loan defaults and devise initiative-taking mitigation strategies.
- Enhance Payment Processing: Managed and improved the payment processing system using Paystack, Remita and Flutterwave, resulting in a 35% reduction in payment errors and a more efficient payment lifecycle.
- AML Compliance and Monitoring: Partnered the Anti-Money Laundering team by utilizing Oracle Financial Services Analytical Applications for AML, leading to a 10% improvement in the detection of suspicious transactions.
LEAD OPERATIONS ASSOCIATE 2
RENMONEY MICROFINANCE LIMITED
04.2018 - 04.2019
- Process Re-engineering and Automation: Achieved 50% automation of manual banking processes, leading to a 25% increase in operational efficiency by utilizing Mambu for process re-engineering.
- Strategic Compliance Initiatives: Orchestrated compliance initiatives that resulted in 100% adherence to CBN regulations by leveraging Thomson Reuters Compliance Management for real-time oversight.
- Financial Transaction Streamlining: Oversaw the streamlining of financial transactions, reducing processing time by 40% using an in-house solution and ensuring accurate and timely financial operations.
- Cross-functional Project Coordination: Coordinated with IT and customer service departments to implement Trello for project tracking, increasing inter-departmental project completion rates by 40%.
LEAD OPERATIONS ASSOCIATE 1
RENMONEY MICROFINANCE LIMITED
01.2014 - 04.2018
- Transaction Processing Accuracy: Managed daily transaction processing for over 500 customers, maintaining a 99% accuracy rate by leveraging the capabilities of the Temenos Core banking platform.
- Customer Onboarding Efficiency: Streamlined the customer onboarding process, reducing time by 20% through the effective use of Salesforce CRM, enhancing customer satisfaction and engagement.
- Compliance Protocol Adherence: Assisted in achieving a 100% compliance rate with local banking regulations by utilizing compliance software such as LexisNexis Risk Solutions to ensure accurate reporting and record-keeping.
- Financial Data Management: Facilitated a 15% improvement in financial decision-making by accurately maintaining and reporting financial data using Microsoft Excel.
BRANCH SALES ANALYST
RENMONEY MICROFINANCE LIMITED
09.2012 - 01.2014
- Sales Trend Analysis: Conducted comprehensive analysis of branch sales data, revealing key trends that contributed to a 15% increase in quarterly sales, utilizing advanced Excel functions for detailed reporting.
- Performance Metrics Improvement: Implemented latest sales performance metrics, leading to a 20% uplift in sales team productivity by leveraging CRM tools like Freshdesk for real-time tracking.
- Customer Onboarding Efficiency: Streamlined the customer onboarding process, reducing time by 20% through the effective use of Salesforce CRM, enhancing customer satisfaction and engagement.
- Market Penetration Strategy: Crafted and executed a market penetration strategy for underperforming districts, resulting in a 25% sales increase by using market research tools like SEMrush and Google Analytics for actionable insights.
- Product Sales Forecasting: Enhanced product sales forecasting accuracy by 30% through the adoption of predictive analytics using SAS Financial Management, enabling more effective inventory and resource allocation.
- Sales Campaign Analysis: Measured the impact of sales campaigns, attributing a 40% increase in product uptake to targeted promotions, by analyzing campaign data in HubSpot Marketing Hub.
Education
BSc. Economics -
Olabisi Onabanjo University
01.2009
Skills
- Transaction Management
- Bank Reconciliation
- Management Reporting
- Risk Management
- Stakeholder Management
- PeopleSoft expert
- Performance Improvement
- Process Implementation
- Financial Software Proficiency SAP/ERP
- Coaching/Mentoring
- Change Management
- Microsoft 365 Dynamics
- Superior time management
- Microsoft Power BI/Tableau/SQL
- Excellent mastery of cloud-based core banking applications such as Mambu/Temenos/Experian
- Critical Thinking/Initiative
- Payroll Administration
- Customer Service
- Process Improvement
- Critical Thinking
- Decision-Making
- Compliance Assessment
- Team Building Leadership
Certification
Pluralcode; Data Analytics, 2023
Accomplishments
- Increased cash flow by 10% by reviewing the company’s collection, payment, and inventory processes.
- Recommended improvements to financial policies, processes, and practices.
- Improved efficiency and accuracy of AR report by automating repayment report.
- Increased the accounting department’s efficiency by 50% through the introduction of a robust accounting system and rigorous training of accounting staff.
References
References available upon request.
Timeline
FINANCIAL OPERATIONS MANAGER
RENMONEY MICROFINANCE LIMITED
01.2021 - Current
SENIOR OPERATIONS ASSOCIATE
RENMONEY MICROFINANCE LIMITED
04.2019 - 12.2020
LEAD OPERATIONS ASSOCIATE 2
RENMONEY MICROFINANCE LIMITED
04.2018 - 04.2019
LEAD OPERATIONS ASSOCIATE 1
RENMONEY MICROFINANCE LIMITED
01.2014 - 04.2018
BRANCH SALES ANALYST
RENMONEY MICROFINANCE LIMITED
09.2012 - 01.2014
BSc. Economics -
Olabisi Onabanjo University
Similar Profiles
Juliet OsuagwuJuliet Osuagwu
Business Analyst at Renmoney MFB LimitedBusiness Analyst at Renmoney MFB Limited
ALLAN NJAMAALLAN NJAMA
Zonal Relationship Manager: Channels Performance at Y9 Microfinance Tanzania Limited – Digital MicrofinanceZonal Relationship Manager: Channels Performance at Y9 Microfinance Tanzania Limited – Digital Microfinance
Beatrice TembaBeatrice Temba
Senior Internal Auditor at Selcom Microfinance Bank Tanzania LimitedSenior Internal Auditor at Selcom Microfinance Bank Tanzania Limited
Lois OpokuLois Opoku
Dental Hygienist at Green Meadows DentalDental Hygienist at Green Meadows Dental
Quintin AshiteiQuintin Ashitei
Surgical Sales Consultant at Johnson & Johnson MedTech OrthopedicsSurgical Sales Consultant at Johnson & Johnson MedTech Orthopedics