Kayode Babatunde

Kayode babatunde

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location of Kayode BabatundeLagos Mainland, Lagos State, Nigeria
Followers of Kayode Babatunde23 followers
  • Timeline

  • About me

    Chief Financial Officer (CFO) and Finance Manager at Consolidated Hallmark Insurance Plc

  • Education

    • Federal polytechnic ilaro

      -
      Higher national diploma accounting

      My Higher National Diploma in Accounting equipped me with a strong foundation in financial reporting, cost management, budgeting, and auditing. The program honed my analytical and problem-solving skills, enabling me to effectively manage financial operations, ensure regulatory compliance, and support strategic decision-making processes.

    • Ogun state polytechnic

      -
      Ordinary national diploma accounting

      With this diploma, I developed core competencies in bookkeeping, financial reporting, and account reconciliation. The program provided a solid grounding in accounting principles and practices, fostering attention to detail and accuracy in managing financial records and supporting organizational operations.

    • Ladoke akintola university of technology

      -
      Master of business administration - mba finance

      Earned an MBA in Finance from Ladoke Akintola University in 2018, gaining advanced knowledge in financial strategy, investment analysis, risk management, and corporate finance. The program strengthened my ability to analyze complex financial data, develop sustainable growth strategies, and optimize resource allocation to drive organizational success. This foundation has been instrumental in delivering strategic financial leadership and achieving measurable results in highly regulated industries.

  • Experience

    • Consolidated risk insurers

      Jul 2005 - Feb 2007
      Accountant

      As an Accountant at Consolidated Risk Insurers, I ensured the accuracy of financial records by overseeing general ledger postings and conducting bank reconciliations. I improved collections by preparing debtor summaries and reconciling accounts.I maintained asset registers and facilitated audits, ensuring transparency. I also generated management reports and posted receipts into accounting software, contributing to efficient financial operations.

    • Consolidated hallmark insurance plc

      Jan 2009 - Dec 2010
      Assistant head of accounts & finance

      In my role as Assistant Head of Accounts & Finance, I was responsible for managing the organization’s finances and ensuring smooth operations in accounting processes. I played a key role in preparing and reviewing management accounts, coordinating audits, and maintaining financial accuracy across all departments. I worked closely with the finance team to monitor tax obligations and develop strategies for financial reporting, always aiming for compliance with regulatory standards. Additionally, I assisted in the implementation of IFRS and ensured timely submission of returns to NAICOM, ensuring the organization’s financial stability and regulatory compliance. Show less

    • Consolidated hallmark insurance plc

      Jan 2014 - Dec 2019

      Here, I prepared and defended financial reports for internal management and external regulators like NAICOM and auditors. I also ensured compliance with tax obligations, managing both State and Federal Inland Revenue Services.I supervised treasury operations to maintain liquidity and led financial planning and budgeting to align with company goals. I created monthly and annual management accounts for senior leadership and implemented internal controls to reduce financial risks. Additionally, I facilitated audits and advised management on financial risk mitigation strategies. Show less I was responsible for preparing monthly and annual management accounts to guide executive decision-making. I ensured all postings to the general ledger were accurate and compliant with IFRS standards.I also led payroll operations, developed variance analysis reports, and closely monitored tax compliance with SIRS and FIRS to avoid penalties. My duties extended to advising management on budgeting strategies to improve profitability, as well as ensuring the timely preparation of regulatory returns in full compliance with NAICOM guidelines. Show less I focused on evaluating policies and insured parties to assess risks and ensure credit compliance. Furthermore, I developed strategies to enhance credit control processes, ensuring accurate and timely financial reporting.I was responsible for reconciling accounts and preparing quarterly returns for NAICOM, ensuring regulatory compliance. Additionally, I led audits and investigations, providing senior management with actionable insights. I also supervised debt recovery efforts, improving cash flow efficiency and ensuring the timely submission of accurate financial reports while addressing auditor queries. Show less

      • Head of Financial Reporting/Returns

        Jul 2015 - Dec 2019
      • Head of Management Accounts

        Jul 2014 - Jun 2015
      • Head of Credit Controls and Returns

        Jan 2014 - Jun 2015
    • Hallmark finance company limited

      Aug 2023 - now
      Cfo / head, finance & accounts

      As CFO and Head of Finance & Accounts at Hallmark Finance Company Limited, I lead financial planning, budgeting, risk management, and regulatory compliance. I also oversee financial assets and maintain liquidity, ensuring efficient operations.I advise the Board on financial strategy, lead executive-level reporting, and manage external audits. While serving as Acting CEO, I drive operational efficiencies, reduce costs, and support revenue growth.

  • Licenses & Certifications

    • Institute of chartered accountants of nigeria (ican),

      Fca
      Jan 2008
    • Register with financial reporting council

      Frc
    • Certified iso auditor

      Iso - international organization for standardization