Kehinde Olarinde
Finance Executive at The Oak Capital- Claim this Profile
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Bio
Experience
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The Oak Capital
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Nigeria
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Financial Services
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1 - 100 Employee
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Finance Executive
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Jul 2022 - Present
• Preparing month-end reports for management, including profit and loss statements, balance sheets, and cash flow statements • Provide excellent leadership and management of Corporate Finance, measured by the effectiveness, engagement and business unit respect of the team. • Manage relationships with others across the Group to achieve alignment in key business strategies and decisions. • Manage the Group’s cash flows within available facilities, providing appropriate reporting to Directors and Executive Management. • Manage the Group’s financial reporting obligations, with responsibility for preparation and lodgments of compliant full year and half year consolidated accounts. • Manage the Group’s statutory taxation obligations with responsibility for preparation and lodgments. • Recommend changes in policies or procedures that will improve financial performance • Perform the accounting function for holding company entities. • Build team and individual capability, ensuring personal effectiveness for work in current and future roles. • Contribute to the effectiveness of the Corporate Finance team. Show less
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Dominon Wheels Limited
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Lagos, Nigeria
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Head of Finance And Administration
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Apr 2020 - Jul 2022
• Generate revenue and reduced costs by recommending innovative alternatives. • Ensure correct and accurate recording of all financial transactions in line with international financial reporting standards (IFRS) • Oversaw payroll activities for 22 employees. • Preparation of financial annual report and monthly management account • Manage 22 team members across 2 offices, ensuring maximum productivity and efficiency. • Manage accounting-team data using sage software, entering and organizing payroll, adjustments, and monthly accrual information. • Produced high-quality financial reports to strict deadlines. • Prepared monthly VAT returns using Sage, ensuring full compliance to internal and external rules and regulations. Show less
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Playcenter Nigeria
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Nigeria
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Media Production
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1 - 100 Employee
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Finance Manager
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Mar 2019 - Mar 2020
• Monitored and reviewed financial controls, processes, and procedures to enable best practice development in line with IFRS • Handled monthly payroll information for accurate and timely submission and processing. • Prepared monthly management accounts such as income statement, cash flow statement, statement of financial position for short-term decision. • Maintained responsibility of credit control to achieve debtor day targets. • Developed thorough forecasting and cash-flow management processes to maximize progression and profitability. • Developed revenue expansion strategy, increasing profit margins by 10%. • Oversaw all finance and accounting functions, managing N200m in annual budgets. • Monitored and reviewed financial controls, processes, and procedures to enable best practice development Show less
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Feb 2018 - Feb 2019
• Planned and performed operational and financial audit• Oversaw internal operating controls, processes and practices• Identified business process risk• Prepared an annual budget, schedule expenditures, analyzed variances and initiating corrective variance• Enforced and evaluate policies and procedures• Formulating professional development and educational plans for junior audit staff
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Apr 2013 - Dec 2018
• Prepared, planned, and executed statutory accounts in line with audit guidelines.• Supervised and guided audit junior and audit trainee during audits to safeguard accuracy.• Summarized actual time spent on audit engagement compared to budget to highlight inconsistencies and implement corrective action.• Coordinated with auditors for preliminary and year-end auditing activities.• Maintained communication with clients throughout auditing process to deliver status updates.• Produced detailed audit planning memorandum to implement standardized audit process addressing previous shortfalls.• Created, enforced, and consistently improved audit procedures to improve audit efficiency.• Reviewed audited financial, operational, and regulatory compliance deficiencies and conducted follow-ups.• Trained new audit personnel to perform duties according to regulations and established procedures.• Oversaw audit planning, fieldwork, and audit reporting in team of 4 for 3 years.• Drafted client-related tax computations Show less
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SD Interiors Limited/House of Splendid Hotel Boutique
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Ikeja GRA, Lagos
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Group Accountant
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Jun 2015 - Nov 2015
• Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry. • Managed the entire accounting cycle through completion, including gathering information, preparing documents, finalizing reports, and closing books. • Reconciled accounts and reviewed all materials, including surplus, income, expense data, net worth, and assets. • Analyzed budgets, financial reports, and projections for accurate reporting of financial standing. • Partnered with auditors to prepare yearly audits and ensure compliance with governmental tax guidelines. • Generated financial statements and facilitated account closing procedures each month. • Evaluated and improved accuracy and completeness of financial records to boost regulatory compliance. • Supervised team of 2 accounting staff. • Filed tax returns and prepared governmental reports in compliance with strict standards. Show less
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Education
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Ogun State Institute of Technology
Higher National Diploma, Accountancy -
Lagos State Polytechnic
National Diploma, Accountancy -
Bestower International University
Bachelor's degree, Accounting