Olubukola Ajayi

Audit Senior at Mazars Nigeria
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Location
Nigeria, NG

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Experience

    • Nigeria
    • Accounting
    • 100 - 200 Employee
    • Audit Senior
      • Dec 2021 - Present
    • Audit Supervisor
      • Feb 2021 - Nov 2021

      1. Conduct statutory audit in compliance with International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA), 2. Proactively assess internal controls to ensure effectiveness, and generate comprehensive reports on audit findings, including identification of financial information material misstatements or severe control deficiencies and recommendations on improvement of internal control, 3. Perform walk-through tests to understand financial reporting systems and to identify internal controls that reduce the risk of material misstatement of financial results, 4. Produce a detailed report (e.g. Audit Management Letter) to enhance organizational efficiency and support client service and growth target, 5. Prepares audited financial statements 6. Constantly evaluate and monitor the audit procedures and make them compliant with the standards outlined 6. Perform and analyze payables and receivables reconciliation for both accounting and audit clients. 7. Lead a team of one to three people during the audit exercise. Show less

    • Nigeria
    • Financial Services
    • 1 - 100 Employee
    • Senior Audit Associate
      • Apr 2018 - Aug 2020

      1. Conducted Statutory Audit in compliance with International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), and Nigerian Regulatory framework, 2. Proactively assessed internal controls to ensure effectiveness, and generated comprehensive reports on audit findings, including identification of financial information material misstatements or severe control deficiencies and recommendations on improvement of internal control, 3. Performed walk-throughs to understand financial reporting systems and to identify internal controls that reduce the risk of material misstatement of financial results, 4. Produced detailed Report (e.g. Audit Management Letter) to enhance organizational efficiency and support client service and growth target, 5. Performed and analyzed payables and receivables reconciliation for both Accounting and Audit clients, 6. Prepared Audited Financial Statements, 7. Assisted in the preparation of Audit Planning Memorandum, 8. Conducted valuation exercise using Discounted Cash flow method and provided advisory on the same, 9. Prepared the analysis of Books of Accounts for accounting clients, 10. Computed Pay As you Earn, Pension, and other statutory remittance in accordance with the Laws of the Federal Republic of Nigeria, 11. Ensured accuracy of supporting schedules provided by the client and appropriately agree them to the account balances. 12. Led a team of one to three people during the Audit exercise. 13.Worked as a team to complete or assist in the completion of audit tasks in line with agreed procedures. Show less

    • Audit Associate
      • Nov 2016 - Mar 2018

      1. Prepared analysis of books of accounts. 2. Verified Property, Plant, and Equipment and ensured recognition compliance with relevant IFRS, 3.Vouched for all necessary supporting documents to ascertain substantive and compliance tests on the client’s record. 4. Obtained documentary evidence to support all transactions. 5. Computed and remitted tax liabilities to the relevant tax authority. 6. Engaged in stock and cash count exercise. 1. Prepared analysis of books of accounts. 2. Verified Property, Plant, and Equipment and ensured recognition compliance with relevant IFRS, 3.Vouched for all necessary supporting documents to ascertain substantive and compliance tests on the client’s record. 4. Obtained documentary evidence to support all transactions. 5. Computed and remitted tax liabilities to the relevant tax authority. 6. Engaged in stock and cash count exercise.

Education

  • Yaba College of Technology, Yaba, Lagos
    Higher National Diploma, Accounting

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