Olushina Bamidele Osisanya (ACA,) Advance Diploma(ACCA), Prof. Certificate - MSBM UK

Financial Controller at Homebase Mortgage Bank
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Contact Information
us****@****om
(386) 825-5501
Location
Lagos State, Nigeria, NG

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AWOSUPIN SAMUEL OLUMIDE ACA

Bamidele is a Professional per excellence, vast in Financial Reporting, Management Accounting, Liason with External Auditors, Relationship with Regulatory Authorities.

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Credentials

  • Professional Certificate In Formulating Organizational Strategy
    Metropolitan School of Business and Management UK
    Feb, 2022
    - Nov, 2024
  • Professional Certificate In Project Manager - Role And Skills
    Metropolitan School of Business and Management UK
    Feb, 2022
    - Nov, 2024
  • ACCA, Advanced Diploma in Accounting and Business
    ACCA
    Aug, 2013
    - Nov, 2024

Experience

  • Homebase Mortgage Bank
    • Nigeria
    • Banking
    • 1 - 100 Employee
    • Financial Controller
      • Jan 2021 - Present

       Establish standard operating procedures (SOPs) for operational and transactional processes impacting the financial statements, including closing, reporting, and analysis  Drive consistent and effective policies and procedures during the monthly/quarterly close process including account reconciliations, account reconciliation audits, Data Request (DR) submissions, and representation letters and adjusting entries.  Plan and budget the resources necessary to complete all activities on time and in accordance with authoritative guidance.  Ensure that the balance sheet account reconciliations are completed within corporate guidelines.  Ensure finance records are maintained in a timely, accurate, and complete fashion  Ensure Controllership and Compliance of all Finance Activities and Documentation within Local Statutory, Corporate, and Business practices, policies, and requirements  Ensure compliance with provided requirements  Perform quality assurance on all documentation.  Research and advice on complex technical accounting issues  Support commercial and operations leaders/teams to understand the financial/accounting implications of transactions and other matters by providing expertise and technical accounting guidance.  Reports finance status and key metrics to the Banks’ management team and the Board  Drive business growth through simplification of processes with P&L and Functional Finance Leaders  Participate in annual pre-close and monthly account reviews with key operations and financial management personnel.  Partner with the Banks’ Corporate Audit Staff and Internal audit for internal compliance reviews. Drive closure of open audit issues and proactively work to prevent future issues / manage risk. Lead resulting corrective action process implementation and follow-up throughout the organization. Show less

  • Ama-Zuma Oil & Gas Nig
    • Ikeja, Lagos, Nigeria
    • Head of Finance
      • Aug 2020 - Dec 2020

       Management of the company’s financial control systems, the company’s accounting, financial performance reports, management reports, board reports, etc., meeting deadlines and auditing policies and ensuring procedures are appropriately complied with, and all accounting reports are in compliance with IFRS.  Oversee cash flow, cash management, working capital, and company audits  Leadership for all financial planning & analysis, including ownership of annual budgeting, periodic forecasting, KPI/dashboard management, and operational analytics processes that inform the Management and Board on company performance in real-time.  Supervising the preparation of Annual individual and consolidated financial statements of AMA-ZUMA Group of companies to ensure timely, accurate, and completeness.  Analyzing monthly management accounts for the three (3) subsidiaries – Ama-Zuma Services Nigeria Ltd., Ama-Zuma Oil & Gas, and Bureau de Change and providing guidance to management.  Reconcile bank accounts and manage Cash Flow on daily basis and advise  Supervise the Maintenance of the fixed assets register of Ama-Zuma group to ensure the timely, accurate, and completeness of the register and also ensure that monthly depreciation is correctly calculated and posted.  Establish and maintain all finance and accounting policies and procedures.  Cash flow optimization, through cash forecasting, working capital management, and investment analysis.  Management of impress relating to trailer expenses, loading, clearing, and trip allowance – Oil & Gas.  Supervise weekly records of all PMS and AGO Loading and Releases to ensure proper capturing of sales and purchase price and ensure proper records keeping of Petroleum Equalization Funds and follow-up.  Tax administration  Management of Receivables and Payables and preparation of monthly Receivables and Payables for GMD’s approval.  Liaise with external consultants on issues relating to tax, audit, and other financial advisories. Show less

  • Homebase Mortgage Bank
    • Nigeria
    • Banking
    • 1 - 100 Employee
    • Financial Controller
      • Jul 2019 - Aug 2020

       Developing and maintaining accounting principles, practices, and procedures to ensure compliance with IFRS, accuracy, and timely preparation of financial statements.  Addressing tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation, and the support of budget and forecast activities.  Ensure accurate and timely monthly, quarterly, and year-end closing activities.  Ensure timely reporting of all time-bound financial information.  Ensure that internal controls are in place and all processes and policies are duly complied with.  Ensure accurate and timely preparation of quarterly reports to the Board; monthly management reports and analysis of the performance of business units.  Ensure that monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.  Carrying out variance analysis and stress test and suggesting measures to be taken to mitigate unfavourable outcomes.  Prepare and Supports budget and forecasting activities.  Collaborates with the other department managers to support overall departmental goals and objectives.  Monitor and analyze departmental work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.  Advise the staff regarding the handling of non-routine reporting transactions.  Respond to inquiries from other stakeholders regarding financial results and special reporting requests  Ensure that record keeping meets the requirements of auditors-KPMG and government agencies such as CBN and NDIC  Developing external relationships with appropriate contacts, e.g. auditors and statutory organizations such as the CBN, NDIC, FIRS, and State Internal Revenue Service Show less

  • TrustBond Mortgage Bank Plc
    • Nigeria
    • Finance Manager
      • Jun 2011 - Jun 2019

       Managing a company's financial accounting, monitoring and reporting systems  Engage in close monitoring and direct the implementation of strategic business plans  Develop financial and tax strategies  Conducting reviews and evaluations for cost-reduction opportunities.  Manage the capital requirement and master/functional budgeting system and processes  Financial Planning and budgeting; Ensuring the financial and commercial sustainability of operations  Develop performance measures that support the company's strategic direction  Ensuring preparation of quality and accurate financial reports to specific deadlines.  Report financial results to the board of directors  Ensuring Regulatory compliance  Ensure that record keeping meets the requirements of auditors-KPMG and government agencies such as CBN and NDIC  Developing external relationships with appropriate contacts, e.g. auditors-KPMG and statutory organisations such as the CBN, NDIC, FIRS and State Internal Revenue Service  Maintain relations with external auditors and investigate their findings and recommendations  Maintain in-depth relations with all members of the management team  Ensure effective supervision on subordinates.  Ensuring up-to-date knowledge on changes in financial regulations and legislation in Nigeria and across the Globe.  Providing leadership initiatives, financial insight, analysis and guidance to support management in all aspects of Company & Project matters and strategic corporate goals.  Ensuring compliance and be up to date with all accounting principles and laws  Improving / Design of Financial management systems & Processes  Researching and reporting on factors influencing business performance and financial/regulatory reporting.  Facilitation of technical and professional trainings on aspects of corporate and financial reporting; tax planning and management, risk management, financial modelling and corporate governance. Show less

  • Jubilee-Life Savings and Loans Ltd
    • Old Kingsway Building, Marina - Lagos
    • Management Accountant
      • Jul 2010 - Jun 2011

       Preparation of Monthly Management Accounts and Annual Accounts;  Preparation and Monitoring of Annual Budgets; identification and analysis of variances;  Preparation of CBN and NDIC monthly report;  Project Profitability Evaluation Computations;  Preparation and presentation of Management Performance Report (MPR) and Asset and Liability Committee (ALCO) report to management within the shortest possible time.  Analytical review of Balance Sheet and Profit and Loss account to aid management decision making;  Maintenance of Accounts Receivable and Payables ledger  Maintenance of Bank accounts  Supervision of Petty Cash System.  Inter-branch Account reconciliation  Fixed assets maintenance  Liaising with external parties on audit – I. Statutory audit by SIAO II. CBN examination III. NDIC examination Show less

  • Oceanic Bank International Plc (Now Ecobank)
    • Ozumba Mbadiwe VI, Lagos
    • Internal Auditor
      • Apr 2008 - Jan 2010

       Ensuring adherence to credit policy guidelines and satisfaction of conditions precedent to drawdown.  Reviewing risk assets and raising early red flags for timely remedial action.  Prompt investigation and report of cases of fraud and other irregularities.  Prompt branch activity call-over/report rendition.  Review of account opening documentation, closed accounts, and credit files.  Investigation of frauds and forgeries, errors, complaints, and other irregularities with a view to ascertaining causes, effects, etc, and making an appropriate recommendation to management.  Conduct Vault and ATM cash counts and reconciliation of same.  Review of Tellers’ operating procedures and document exceptions observed thereon.  Ensuring strict adherence to the standards operating manual of the bank and effective service delivery to customers.  Reviewed vault administration and cash management with an online call over of same-day transactions to ensure that all observed exceptions are corrected immediately.  Followed up on the branch to ensure compliance with recommendations of the inspection department and regulatory authorities.  Ensure compliance with all policies, disciplinary issues, dress code, etc.  Conduct security sweep/integrity test.  Identify potential areas of income leakage and recommend an action plan to block them.  Evaluate plans or actions taken to correct reported exceptions for satisfactory disposal of audit findings.  Conduct a periodic audit of physical security over assets.  Review of all expenses and compliance with the bank’s expenses.  Reviewed trial balance and balance sheet for the exceptional items, various accounts opening for completeness of documentation.  Maintain appropriate insurance coverage  Oversee the company's transaction processing systems, and ensure full implementation of operational best practices  Regulatory compliance checks  Risk Asset review / Banks Mortgage portfolio review Show less

  • Intercontinental Homes
    • Accountant
      • Jul 2006 - Mar 2008

       Preparation of Monthly Management Accounts and Annual Accounts;  Preparation and Monitoring of Annual Budgets; identification and analysis of variances;  Preparation of CBN and NDIC monthly report;  Project Profitability Evaluation Computations;  Preparation and presentation of Management Performance Report (MPR) and Asset and Liability Committee (ALCO) report to management within the shortest possible time.  Analytical review of Balance Sheet and Profit and Loss account to aid management decision making;  Maintenance of Accounts Receivable and Payables ledger  Maintenance of Bank accounts  Supervision of Petty Cash System.  Inter-branch Account reconciliation  Fixed assets maintenance  Liaising with external parties on audit – I. Statutory audit by SIAO II. CBN examination III. NDIC examination . Show less

  • Ekulo International Ltd
    • Tiamiyu Savage Street, Victoria Island, Lagos.
    • Accountant
      • Sep 2002 - Jun 2006

       Preparing monthly bank reconciliation statements, sales invoices, and purchases.  Updating and reconciliation of store cards  Keeping records of account receivable and account payable  Maintaining asset register; computation and posting of monthly depreciation  Accelerated operating efficiency with the maintenance of stock records and day-to-day updating of cash and bank record.  Compute interest and COT charges on credit facilities.  Maintain all Accounts Payables and also ensure all necessary postings and documentation are up to date.  Ensure all provisions for expense accounts are provided before the end of the applicable month.  Ensure Fixed Assets Schedule is updated monthly.  Reporting to the Board on the financial state of all the Organization on regular basis.  Preparing annual accounts for tax and audit purposes.  Managing new and existing regulatory requirements where appropriate and incorporating them into the financial and management accounts.  Oversees the works of Finance and Accounts department staff.  Generating Purchase Orders and managing payables in alignment with agreed contractual milestones, including weekly updates on supplier accounts, and other project related/staff accounts.  Managing and supervising proper archive of financial records/documentation e.g. invoices, purchase orders, financial reports, et cetera.  Liaising with the banks on the various credit facilities granted to the company in ensuring that the charges and other transactions on the accounts are in line with agreed terms and conditions.  Rendering of financial advisory services to the Management and Board on financial-related issues.  Identifying, investigating, and analyzing potential operational improvement. As appropriate, based on findings make proposals for operational changes (policy, procedures, processes, et cetera).  Drafting requirements for operations and ensuring that implementation meets or exceeds clients' expectations. Show less

Education

  • The Institute of Chartered Accountants of Nigeria
    ACA, Accounting
    2004 - 2006
  • Moshood Abiola polytechnic
    HND, Accounting
    1996 - 2000
  • Association of Chartered Certified Accountants
    ACCA Advanced Diploma in Accounting and Business, Accounting and Business
    2013 -

Community

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