Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Olayinka Jayeola

Burnaby,BC

Summary

Seasoned Financial Accountant and Finance Manager with a rich 20-year history of driving financial excellence. Expertly managed budgets, achieving a 10% decrease in unnecessary expenditures. Implemented a cutting-edge accounting system, Orchestrated a 95% on-time debt recovery rate, effectively minimizing bad debts. As a Finance Manager, successfully negotiated terms resulting in reduction in financial costs. Acts with personal integrity and resilient under pressure.

Overview

23
23
years of professional experience
1
1
Certification

Work History

FINANCIAL ADMINISTRATOR

CARNA MEDICARE LIMITED
05.2022 - 08.2023


  • Implemented cost-saving measures that resulted in a 10% reduction in operational costs without compromising service quality
  • Successfully implemented a standardized financial reporting system, reducing reporting time by 20% and improving accuracy
  • Led an approval process improvement initiative, streamlining the procurement process and reducing approval times by 30%, resulting in increased operational efficiency
  • Mentored finance staff, contributing to increase in employee satisfaction and decrease in staff turnover.

CHIEF FINANCE OFFICER

UNION DIAGNOSTICS AND CLINICAL SERVICES PLC
02.2020 - 04.2022
  • Effectively managed financial resources during the challenging period of the Covid-19 pandemic, mitigating adverse impacts and ensuring financial resilience
  • Managed the budgeting process, achieving a 5% reduction in unnecessary expenditures while ensuring the allocation of resources aligned with strategic goals
  • Implemented an accounting software package, leading to a remarkable improvement in profitability, exceeding 100% growth due to enhanced financial visibility and control
  • Successfully sourced and secured a CBN intervention loan, ensuring continuous funds availability and maintaining strong relationships with key service providers

FINANCE MANAGER

ICOJON INTEGRATED CONSULTANT LIMITED
01.2015 - 01.2020
  • Implemented a robust computerized accounting system, resulting in a 20% increase in processing efficiency and a 15% reduction in errors
  • Coordinated warehouse activities and optimized inventory with QuickBooks, resulting in a 25% improvement in stock management efficiency using the FIFO method
  • Managed accounts receivables, achieving a 95% on-time debt recovery rate and drastically reduced bad debts
  • Implemented controls in sales activities, preventing shortages and contributing to a 15% reduction in discrepancies.

AUDIT SENIOR

ABIOYE ASIMOLOWO AND COMPANY
01.2003 - 12.2014
  • Lead comprehensive financial audits for a diverse portfolio of clients across industries, ensuring compliance with accounting standards and regulatory requirements
  • Successfully managed audit engagements from planning to completion, demonstrating meticulous attention to detail and adherence to tight deadlines
  • Championed quality assurance initiatives within the audit team, ensuring adherence to professional standards and best practices
  • Mentored and trained junior audit staff, fostering a culture of continuous learning and professional development within the audit department
  • Prepared clear and concise audit reports, highlighting findings and recommendations for clients' senior management and audit committees
  • Facilitated presentations to client stakeholders, conveying complex audit issues in an accessible manner.

AUDIT TRAINEE

SAM EMEZIE AND COMPANY
05.2000 - 12.2002
  • Participated in the planning phase of financial audits, gaining exposure to risk assessment, client acceptance, and initial scoping activities
  • Assisted in preliminary audit procedures, including the understanding of internal controls and the identification of key audit risks
  • Assisted in the preparation of workpapers, providing clear and comprehensive evidence of audit procedures conducted
  • Supported senior auditors during fieldwork by conducting substantive testing and performing detailed analytical procedures

Education

Higher National Diploma in Business Administration -

01.2013

Skills

  • Data entry and data analysis
  • Journal entry management
  • Team player
  • Proficient in use of QuickBooks Accounting package
  • Good communication skills
  • Attention to details
  • Passion for engaging and developing talents
  • Budget Management
  • Spreadsheets

Certification

  • Associate, Institute of Chartered Accountants of Nigeria (ACA)
  • Member, Financial Reporting Council of Nigeria (FRCN)
  • First Aid & CPR / AED Level C Certificate

Timeline

FINANCIAL ADMINISTRATOR

CARNA MEDICARE LIMITED
05.2022 - 08.2023

CHIEF FINANCE OFFICER

UNION DIAGNOSTICS AND CLINICAL SERVICES PLC
02.2020 - 04.2022

FINANCE MANAGER

ICOJON INTEGRATED CONSULTANT LIMITED
01.2015 - 01.2020

AUDIT SENIOR

ABIOYE ASIMOLOWO AND COMPANY
01.2003 - 12.2014

AUDIT TRAINEE

SAM EMEZIE AND COMPANY
05.2000 - 12.2002

Higher National Diploma in Business Administration -

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Olayinka Jayeola