Olayemi Owolabi

Experience

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  Seedvest Limited

  Jan 2015 - Aug 2017

  Internal Control Officer

  Experience• Prepares monthly statements by collecting data, analyzing and investigating variances; summarizing data, information and trends• To ensure that disbursements made by the General Cashier are properly authorized and adequately supported by documentation.• Maintains an efficient filing and document retrieval system, both manual and automated• To ensure that proper deductions are made at all times for PAYE, WHT, Pensions and other relevant items.• Performs all necessary calculations for changes to payroll information and organizes all information within a precise, organized filing system.• Prepares accounts receivables and accounts payables ledgers• Prepares daily, weekly & monthly financial position• Prepared monthly reports, including payment and account reconciliations and financial statements.• Supported Chief Operating Officer with daily operational functions. Show less

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  Supermart.ng

  Aug 2017 - now

  Senior Accountant

  Experience• Provide a regular progress report to the board on a monthly basis.• Prepare financial reports in accordance with local and regulatory accounting principle and ensure compliance with accounting policies • Monthly reporting of Budget versus actual financial data and analyzing the variances• Inventory management and control of store operations and recommendations that will ensure the achievement of business goals. (Monthly basis)• Prepare and review budget versus actual reporting, monitor progress, follow up on action points• Negotiate the contract with vendors and maintain cash limits both at Central Cash and Branches to ensure prompt expatriation of excesses• Led all critical project component - strategy, budgeting, forecasting and cash management.• Educate Management on strategies for minimizing tax liability.• Reviews and oversee day-day operations of the company, analyze and reconciles GL accounts in order to ensure probity and integrity of vendor balances.• Investigates and advises on the status of vendor balances in case of complain, dispute or enquiry from the vendor.• Reviewing and implementing ledgers on assets, liabilities, income, expenses and equity to provide relevant information to Management. Updates account payable ledgers for all client services, including payments to suppliers/vendor Achievement at Supermart Express Services Limited• Negotiated favourable commercial contract with three Companies which maximized Revenue.• Finalized preparation of three years Financial Audit.• Headhunted by the MD to manage large value client to develop business within Lagos and provide financial analysis and reporting for existing/ future opportunities. Show less

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  Rainoil Limited

  Mar 2022 - now

  Finance Manager

  A dynamic and committed professional with experience in accounting and evaluation of financial documents for compliance and Accuracy. Identifying Organization's financial risk, developing an internal financial control system, cost management skills, and the ability to synergize with overall operations to generate exceptional financial performance.