Ayodeji Olalere

Experience

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  Osun State Investment Company Limited

  Sept 2009 - Dec 2010

  Senior Executive Assistant (Finance)

  • Preparation of company’s financial statements in line with regulatory requirements applicable in Nigeria• Preparation of budget and budgetary control• Review of controls around major accounting and business cycles including treasury, fixed assets, income, expenditure, etc.• Led internal audit engagements within the company cutting across subsidiaries. • Performing analytical audit procedures on financial statements

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  Globacom

  Jan 2011 - Nov 2014

  Regional, Finance and Operations Auditor

  • Review Company processes using Risk Assessment Approach in ascertaining control inadequacies and operational inefficiencies in business functions.• Identifies, evaluate and prioritize control risks; develops audit scope, objectives and work program; compiles and analyzes data; prepares working papers and supporting schedules to document work performed; and prepares audit reports, summarizing audit findings and recommendations.• Conduct investigations and other ad-hoc assignments and report as required.• Audit visit to regional and area offices to ensure general improvement in the operating system of the company and Sales and Stocks Audit.• Other duties assigned by Management. Show less

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  9mobile (Formerly Etisalat Nigeria)

  Nov 2014 - Apr 2018

  Specialist, Finance, Operational and Regional Auditor

  • Performs internal audit, investigations, and assurance engagements in compliance with relevant statutory standards (IFRS) and best practices.• Preparing audit programs appropriate for each audit engagement, in order to assess the level of testing and sampling that will be required for the planned audit.• Assess complex activities to identify potential financial, operational, strategic and compliance risks as well as control gaps, which warrant audit and management attention.• Preparing ad-hoc reports detailing internal control weaknesses identified, related risks and recommendations for improvement.• Preparing reports on the efficiency and effectiveness of accounting processes as well as significant findings during the audit/review engagement and presentation of the same to the audit committee.• Supervise and mentot other team members to obtain sufficient appropriate audit evidence, addressing the relevant assertions, make SMART recommendations and report same to management for improvement.• Demonstrate to the team, the application of Professional Judgment in addressing less complex audit issues.• Consistently document the results of the audit work, in line with organization policy and regulatory requirements, using applicable IT systems and tools.• Instituting up to date technical knowledge by completing all audit and accounting training, (whether instructor-led, virtual classroom or e-learning) within deadlines set and applying this training to audit work where appropriate.• Applying knowledge of current issues in audit, accounting, financial reporting standards, regulatory requirements, and industry specific concerns to client engagements, identifies where they may impact a client and reflects these in the audit documentation. Show less

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  9mobile

  Apr 2018 - Mar 2022

  Specialist, Strategic contract management and General Procurement

  Strategic Contract management• Deploy Strategic vendor sourcing, selection, and negotiation for the supply of good and services . • Coordinate the contracting processes for procurement of goods and services as well as outsourcing for the organization. • Onboarding of strategic vendors • Develop various tools and process requires to Monitors contractual progress and ensure conformity to contractual SLAs/KPIs for efficiency• Consistent management of strategic Vendor/stakeholders Relationships • Performs post award activities for contract executed by the business to ensure that the objectives of the contract are met and required changes addressed.• Coordinate the quality assurance team in vendor performance evaluation and implement remedies as appropriate. General Procurement• Execute procurement plans to support business and operational needs based on requirements stated in the business plans and budgets of individual entities and departments• End-to-end negotiation, execution of general commercial procurement, • Coordinate and consolidate vendor performance and relationship management.• Provide input in the update of procurement policies, processes and procedures for contracts and tenders in line with global best practicesOther responsibilities:• Management of procurement risk register .• Assisting in setting-up, documenting and evaluation of control frameworks for the department.• SPOC for procurement department in the event of both internal and external audit engagement.• Assessing and evaluating the departmental, processes, procedures, operations and function, with the view to provide insights and advice for improvement based on the root cause identified.• Identifying and instituting up to date technical knowledge required for the improvement of the procurement operations. Show less

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  Reckitt

  Mar 2022 - now

  Procurement Manager (Raw Material)

  As Reckitt Nigeria's Procurement Manager, I manage procurement projects/contracts worth £30 million in annual supplier expenditure for purchasing raw materials required to manufacture Health and hygiene Goods. My background includes over 13 years of expertise across several sectors, including Procurement and Contract Management. I've deployed strategic procurement solutions for identifying and selecting multiple significant suppliers in various industries, including telecommunications and manufacturing. I am enthusiastic about generating sustainable value through effective transformation, team growth and managing profitable commercial discussions. I always look forward to bringing forth positive change via innovation and proactively propelling organizations forward.My core expertise includes - Strategic Global sourcing (RFx), Contract Negotiation and Management, Complex Strategic Supplier Management, and Stakeholder Management. Show less