Olawale Abiola BSc,MBA,MSc,ACCM,CMC,FIMC,FCTI,FCA

Partner at AO&FA
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Location
Nigeria, NG

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Yewande Adenekan

Olawale is a Financial Management Guru. When I was doing my University of Wales MBA program, he tutored a group of students that were taking the Financial Management module. He was a subject matter expert and so knowledgeable in all the areas he tutored us on, also very good at impacting knowledge. There was never a dull moment in his class.

Rotimi Odusola

Wale is a truly knowledgeable and passionate accounting, finance and audit professional with an uncanny ability and genuine wilingness to transfer knowledge. His passion for supporting other people to succeed is remarkable and he encourages you to keep going until you achieve your goal after which he is your greatest cheer-leader. Wale is committed to excellence at what he does and always wants the best outcome without compromising integrity. I have no hesitation whatsoever in recommending Wale for greater leadership roles in his career.

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Credentials

  • Developing Resourcefulness
    LinkedIn
    Apr, 2020
    - Oct, 2024
  • FCA - Fellow Chartered Accountant
    The Institute of Chartered Accountants of Nigeria
    Jan, 2015
    - Oct, 2024
  • FCTI - Fellow Tax Professional
    CHARTERED INSTITUTE OF TAXATION OF NIGERIA
    Jan, 2015
    - Oct, 2024
  • ACTI - Associate Tax Professional
    CHARTERED INSTITUTE OF TAXATION OF NIGERIA
    Jan, 2012
    - Oct, 2024
  • ACA - Associate Chartered Accountant
    The Institute of Chartered Accountants of Nigeria
    Jan, 2004
    - Oct, 2024
  • AAT - Associate Accounting Technician
    The Institute of Chartered Accountants of Nigeria
    Jan, 2000
    - Oct, 2024
  • Certified Management Consultant - Management
    CMC-Global Institute (CMC-GI)

Experience

    • Nigeria
    • Accounting
    • 1 - 100 Employee
    • Partner
      • Oct 2020 - Present

      Financial & Business Advisory | Tax & Management Consulting | Accounting Services | Outsourcing & Insourcing| Digital Transformation | Training | Etc Financial & Business Advisory | Tax & Management Consulting | Accounting Services | Outsourcing & Insourcing| Digital Transformation | Training | Etc

    • India
    • Telecommunications
    • 700 & Above Employee
    • Regional Finance Officer
      • Jan 2013 - Sep 2020

      Performing the role of a CFO at Regional level | MoM delivery of business targets for EBITDA, Revenue, Cost etc | Financial lead for regional sales & marketing leadership team | Treasury management | Budgeting & Budget control | Payment process management | Tax compliance & management | Financial reporting & compliance | Relationship management with banks, relevant tax authorities and statutory auditors | Quality customer service | etc Performing the role of a CFO at Regional level | MoM delivery of business targets for EBITDA, Revenue, Cost etc | Financial lead for regional sales & marketing leadership team | Treasury management | Budgeting & Budget control | Payment process management | Tax compliance & management | Financial reporting & compliance | Relationship management with banks, relevant tax authorities and statutory auditors | Quality customer service | etc

    • United Kingdom
    • Telecommunications
    • 200 - 300 Employee
    • Business Finance Controller
      • 2010 - 2012

      Strategic corporate finance | Business planning & management | Working capital management | Project accounting lead for MTNN, Airtel, ETISALAT & Globacom accounts | Financial reporting & compliance | Tax policy | Account receivables lead | Payment process system | Financial & Cost analysis | Budget & forecasting | On shore & off shore contracts review | Relationship management with Banks, relevant government agencies & External Auditors | Strategic partner to the CFO | etc Strategic corporate finance | Business planning & management | Working capital management | Project accounting lead for MTNN, Airtel, ETISALAT & Globacom accounts | Financial reporting & compliance | Tax policy | Account receivables lead | Payment process system | Financial & Cost analysis | Budget & forecasting | On shore & off shore contracts review | Relationship management with Banks, relevant government agencies & External Auditors | Strategic partner to the CFO | etc

    • Nigeria
    • Telecommunications
    • 700 & Above Employee
    • Senior Accountant
      • 2008 - 2010

      Business planning & reporting | Budget & forecasting | Tax management functions (including Company Income tax, Withholding Tax, Value added Tax, PAYE etc) | Financial and Business analysis | Financial performance reporting for variance analysis | Tax Audit & Investigation | Internal Audit insourcing functions | etc. Business planning & reporting | Budget & forecasting | Tax management functions (including Company Income tax, Withholding Tax, Value added Tax, PAYE etc) | Financial and Business analysis | Financial performance reporting for variance analysis | Tax Audit & Investigation | Internal Audit insourcing functions | etc.

    • Audit & Tax Manager
      • 2006 - 2008

      Team lead for several statutory audit (for clients in various industries: Manufacturing, Oil & gas, Real estate, Financial institutions etc) | Team lead for States' tax audit & tax investigation | Accounting system evaluation & setting up | Financial consulting | Advisory | Due diligence | Bank transactions audit | Financial Analysis | Audit programmes | Audit planning | Internal Control Systems | etc Team lead for several statutory audit (for clients in various industries: Manufacturing, Oil & gas, Real estate, Financial institutions etc) | Team lead for States' tax audit & tax investigation | Accounting system evaluation & setting up | Financial consulting | Advisory | Due diligence | Bank transactions audit | Financial Analysis | Audit programmes | Audit planning | Internal Control Systems | etc

    • Nigeria
    • Banking
    • 700 & Above Employee
    • Banking Officer
      • Jan 2006 - Jul 2006

      Head office operations | Accounting systems for NACS (Nigeria automation clearing systems) operations | Treasury management | Internal controls | Funds transfer operations | FBN clearing & settlement account reconciliation | Devcom Bank accounts reconciliation committee | etc Head office operations | Accounting systems for NACS (Nigeria automation clearing systems) operations | Treasury management | Internal controls | Funds transfer operations | FBN clearing & settlement account reconciliation | Devcom Bank accounts reconciliation committee | etc

    • Finance Control | Cash Management | Asst. Branch Operations Manager
      • Jan 2004 - Dec 2005

      Finance control | CBN current a/c management | General ledger management for head office & all the branches | Inter-company accounts functions for branches | Assets & liabilities management for branches | Payment process system for vendors | Central cash & treasury management | Branch operations | Regulatory functions :CBN, NDIC, etc | NIBSS Funds transfer | Vault management | Monthly performance reporting (MPR): Branch Income Statement & Statement of Financial positions | Quality customer service | Supervision of Branch cashiers | etc.

    • Finance & Management Consultant
      • Feb 2000 - Dec 2003

      Accounting systems set up for clients | Internal control systems | Financial analysis | Financial records functions for clients | Tax management services | Training | Recruitment of finance staff for clients | Bank transactions audit | Bank reconciliation for clients | Project appraisal | Advisory | Debt recovery | etc Accounting systems set up for clients | Internal control systems | Financial analysis | Financial records functions for clients | Tax management services | Training | Recruitment of finance staff for clients | Bank transactions audit | Bank reconciliation for clients | Project appraisal | Advisory | Debt recovery | etc

    • United Kingdom
    • Hospitals and Health Care
    • Account Officer
      • 1997 - 1999

      Accounting documents & Accounting books preparation | Bank reconciliations | Cash book functions | Cheque payment functions | Trial balance | Expense ledger functions | Daily sales recording | Daily transactions call over | Bank deposit & withdrawal | etc Accounting documents & Accounting books preparation | Bank reconciliations | Cash book functions | Cheque payment functions | Trial balance | Expense ledger functions | Daily sales recording | Daily transactions call over | Bank deposit & withdrawal | etc

Education

  • Institute of Chartered Accountants of Nigeria
    Fellow Chartered Accountant, FCA, Accounting
    -
  • Lagos Business School, Pan-Atlantic University
    Advanced Certificate - SMP - Personal Leadership and Human Resources Management
    2015 - 2015
  • Ladoke Akintola University of Technology
    MBA, Financial Management
    -
  • University of Lagos
    MSc, Finance
    -
  • Certified Institute of Cost Management of Nigeria
    ACCM, Cost Management
    -
  • Chartered Institute of Taxation of Nigeria
    Fellow Chartered Tax Professional (FCTI), Taxation
    -
  • Lagos State University
    B.Sc., Economics
    -
  • Institute of Management Consultants
    Fellow-FIMC & CMC
    -
  • Nigeria Institute of Management(Chartered)
    AMNIM, Management
    -
  • Institute of Chartered Accountants of Nigeria
    AAT, Accounting Technician
    1999 - 2000
  • Igbobi College Yaba
    -

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