Dr. Matthew Asaolu, PhD, FCA, ACTI, CertIFRS.

Experience

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  Insourcing Ltd

  Sept 2008 - Jan 2011

  Transaction Officer

  Handled foreign transferReceive and count working cash at beginning of the day activities;Identify customers, validate and cash checks;Accept cash and cheques for deposit and check accuracy of deposit slip;Process cash withdrawals;Perform specialized tasks such as preparing cashier's checks, personal money orders, issuing traveler's checks and exchanging foreign currency;Perform services for customers such as ordering bank cards and checks;Balance currency, cash and checks in cash drawer at end of each day;Answer inquiries regarding checking and savings accounts and other bank related products;Attempt to resolve issues and problems with customer's accounts;Explain, advise on, and promote bank products and services to customers. Show less

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  Mbonny Technical Services Ltd

  Mar 2011 - Jan 2015

  Senior Accountant

  Oversee the operations of accounts department;Formulate and enforce control processes;Maintain an updated system of accounting policies and procedures;Ensure financial accounts are in compliance with International Financial Reporting Standard (IFRS) as adopted in Nigeria.Forecast cash flow positions and available funds for investment;Maintain relationship with company’s bankers;Prepare timely and accurate reports for management decisions;Prepare investment appraisal reports;Fixed Assets management-Acquisitions & Disposals;Manage the preparation of the company’s budget.Prepare the company’s financial ratios and suggest alternatives course of action for management decisions;Prepared company’s quarterly, half yearly and annual financial statements; etc.Inter face with company auditors and ensure all information required is provided. Show less

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  Obax Worldwide Ltd

  Jan 2015 - Oct 2016

  Finance & Accounts Manager

  Key Roles and Responsibilities:Management:• Maintain a documented system of accounting policies and procedures;• Oversee the operations of the Finance and Accounts department, including the design of an organizational structure adequate for achieving the department's goals and objectives;Funds Management:• Forecast cash flow positions, related borrowing needs, and available funds for investment;• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements;• Maintain banking relationships;• Assist in determining the company's proper capital structure;Budgeting:• Manage the preparation of the company's budget;• Report to management on variances from the established budget, and the reasons for those variances;Financial Reporting and Analysis:• Ensure financial accounts are in compliance with International Financial Reporting Standard (IFRS) as adopted in Nigeria;• Maintain financial records for each project in a manner that facilitates management reports;• Ensure that accurate and timely financial statements are prepared in accordance with contract agreements;• Provide accurate and timely reporting on the financial activity of individual projects.• Interpret the company's financial results to management and recommend improvement activities;• Review company bottlenecks and recommend changes to improve the overall level of company Performance;• Compile key business metrics and report on them to management;• Manage the capital budgeting process;• Create additional analyses and reports as requested by management;• Inter face with company auditors and ensure all information required is provided;Tax Management:• Co-ordinate the preparation and submission of accounts and tax returns;• Ensure as much as possible minimized tax liabilities within the legal frame work;• Liaising with tax authorities and ensure successful completion of regular tax audits; Show less

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  TAMROSE

  Oct 2016 - now

  MANAGER, ACCOUNTS AND FINANCE

  Responsible for all day-to-day financial and accounting activities and accountable for all financial management, corporate accounting, budgeting, forecasting, regulatory compliance as well as the implementation of internal control policies and procedures.