Fola Tiamiyu
Director of Finance And Technology at Minnesota Children's Museum- Claim this Profile
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Bio
Experience
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Minnesota Children's Museum
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United States
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Museums, Historical Sites, and Zoos
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1 - 100 Employee
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Director of Finance And Technology
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Dec 2020 - Present
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Augsburg University
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United States
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Higher Education
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700 & Above Employee
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Associate Controller
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Jun 2017 - Dec 2020
Manage day-to-day accounting, grants, payroll, and treasury management. Coordinate and review the work of the Accounting staff for month-end and quarter-end close processes. Prepare financial reports and analysis.• Perform cash management; prepare weekly cash flow reports and monthly cash flow projections for CFO• Manage the company’s investment and prepare a monthly report for the leadership.• Oversee and approve general ledger account reconciliations, bank reconciliations, and journal entries• Prepare accurate and timely monthly financial statements.• Facilitate annual audits; review and prepare audit work papers, and prepare financial statements and footnote information.• Ensure form 990, Sales tax, regulatory reports, and compliance filings are accurate and prepared on a timely basis • Supervise accounting team; evaluating performance, coaching, provide guidance on an on-going and regular basis• Assist departments with financial questions• Assist Director of financial planning with budget preparation• Work closely with CFO to improve accounting policies and procedures.
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Assistant Controller
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Jun 2015 - Dec 2020
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Urban Ventures
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United States
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Non-profit Organizations
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1 - 100 Employee
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Controller
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Nov 2010 - Jun 2015
Direct all accounting, financial planning, and oversight functions/projects to improve financial operations and extend non-profit reach and capacity with limited resources. Manage employee benefits and business insurance. Collaborate with CEO and other executives to develop and refine annual strategies and operating plans for the organization. • Supervise G/L and accounts payable/receivable functions• Oversee subsidiary company accounts and prepare consolidated financial statements for executives and Board• Perform cash management; prepare weekly cash flow reports and monthly cash projections for CEO• Oversee month end closing processes while devising and implementing fund accounting policies/procedures• Prepare, review, and analyze financial reports, pro-forma statements, and presentations for managers and Board• Monitor grant activities, assets, and liabilities to enforce compliance with state/federal regulations• Conduct monthly financial reviews in concert with managers and directors• Create and maintain annual operating budget; develop bank relations and oversee investment accounts• Lead annual reviews of employee benefits coverage and business insurance to ensure proper alignment with goals• Facilitate annual audits and carry out timely preparation and filing of tax/regulatory filings (990, 1099, 5500 etc.)• Developed, implemented, and currently maintain accounting system; oversee special projects relating to system
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Amherst H. Wilder Foundation
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United States
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Non-profit Organization Management
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200 - 300 Employee
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Financial Manager/ Analyst
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Apr 2007 - Dec 2010
Managed financial operations while providing long term analysis and operational insight to senior management on the financial standing of the organization and individual programs. Conceptualized and implemented annual strategic and operating plans with VP of Finance and Division Director. Promoted from Analyst based on exceptional performance.• Supervised G/L, accounts payable/receivable, and fixed asset management functions• Oversaw month end closing processes, annual audits, and preparation/filing of tax returns and regulatory filings• Prepared, reviewed, and analyzed financial reports, pro-forma statements, and presentations• Monitored accounting processes, grant activities, and key ratios to ensure compliance with state/federal regulations• Created and maintained annual operating budget to meet cash flow requirements and operational needs• Identified and proactively acted upon areas of need by conceptualizing and implementing improved financial processes• Developed, implemented, and administered accounting system Financial Analyst (2007-08)Supported business activity and financial management through review, analysis, and preparation of general ledger entries, financial statements, and budgets. Liaised between corporate finance and housing departments.• Supported month end closing processes with G/L entries and review/analysis of transaction data• Monitored and reconciled payments to taxing authorities and insurance carriers• Developed and maintained improved accounting systems to increase productivity and reliability of data
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Best Vendors Management, Inc
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United States
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Food and Beverage Services
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1 - 100 Employee
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Financial Analyst
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Apr 2004 - Apr 2007
Prepared financial reports, supported month end closing, analyzed variances to budget and pro-forma statements, developed and oversaw company budget, created ad-hoc reports, and managed fixed assets. Reconciled inter-company accounts and bank statements with general ledger. Liaised between IS and Finance department on inter-company issues. Prepared financial reports, supported month end closing, analyzed variances to budget and pro-forma statements, developed and oversaw company budget, created ad-hoc reports, and managed fixed assets. Reconciled inter-company accounts and bank statements with general ledger. Liaised between IS and Finance department on inter-company issues.
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Staff Accountant
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Sep 1998 - Apr 2004
Ensured accuracy and integrity of accounting data through G/L entries, reconciliations, budget forecasts, completion of month end closing processes, supervision of A/P and A/R functions, record-keeping, setting up new accounts, and preparing financial statements and/or reports. Ensured accuracy and integrity of accounting data through G/L entries, reconciliations, budget forecasts, completion of month end closing processes, supervision of A/P and A/R functions, record-keeping, setting up new accounts, and preparing financial statements and/or reports.
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Education
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Metropolitan State University
Master's degree, Management Information Systems, General -
The Polytechnic, Ibadan,Nigeria
Bachelor of Applied Science (BASc), Accounting and Business/Management -
Ogun State Polytechnic,Abeokuta, Nigeria
Associate of Arts and Sciences (AAS), Accounting