Victor Toki, MBA
Manager of Finance and Administration. at New Brunswick College Of Craft And Design- Claim this Profile
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English -
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Yoruba -
Topline Score
Bio
Credentials
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Strategic Planning and Execution
CourseraAug, 2022- Oct, 2024 -
Become a Financial Analyst
LinkedInJan, 2022- Oct, 2024 -
Corporate Financial Statement Analysis
LinkedInJan, 2022- Oct, 2024 -
Excel: Analyzing and Visualizing Cash Flows
LinkedInJan, 2022- Oct, 2024 -
Excel: Economic Analysis and Data Analytics
LinkedInJan, 2022- Oct, 2024 -
Excel: Tracking Data Easily and Efficiently
LinkedInJan, 2022- Oct, 2024 -
Financial Modeling Foundations
LinkedInJan, 2022- Oct, 2024 -
Financial Modeling and Forecasting Financial Statements
LinkedInJan, 2022- Oct, 2024 -
Managerial Economics
LinkedInJan, 2022- Oct, 2024 -
Running a Profitable Business: Understanding Financial Ratios
LinkedInJan, 2022- Oct, 2024 -
Financial Accounting Foundations
LinkedInJul, 2020- Oct, 2024 -
Strategic Planning Foundations
LinkedInJul, 2020- Oct, 2024 -
Basics of Project Management
International Business Management Institute (IBMI)Apr, 2020- Oct, 2024 -
Change Management
International Business Management Institute (IBMI)Apr, 2020- Oct, 2024 -
ISO Management System Audit Techniques and Best Practices
Alison - Free Online LearningApr, 2020- Oct, 2024 -
Leadership and Team Development
International Business Management Institute (IBMI)Apr, 2020- Oct, 2024 -
Project Management
International Business Management Institute (IBMI)Apr, 2020- Oct, 2024 -
Risk Management
International Business Management Institute (IBMI)Apr, 2020- Oct, 2024
Experience
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New Brunswick College Of Craft And Design
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Canada
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Higher Education
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1 - 100 Employee
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Manager of Finance and Administration.
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Jan 2021 - Present
• Plan, organize, direct, control and evaluate the operation of an accounting, audit or other financial department. • Develop and implement the financial policies, systems and procedures for the college. • Prepare or co-ordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports. • Co-ordinate the financial planning and budget process and analyze and correct estimates. • Supervise the development and implementation of financial simulation models. • Evaluate financial reporting systems, accounting procedures and investment activities and make recommendations for changes to procedures, operating systems, budgets and other financial control functions to senior managers and other department or regional managers. • Recruit, organize, train and manage staff. • Establish profitability standards for college store and other ancillary activities. • Notify and report to senior management concerning any trends that are critical to the organization's financial performance. • Develop enterprise risk management for the college. Key Achievements: • Brought structure, credibility and fiscal discipline to the finance and operational area within the college, significantly enhancing their bottom lines. • Helped accomplish the financial turnaround of the college within 3 months of work by reducing operating loss by 80%. • Successfully developed a standard operation procedure and help in implementation. • Successfully managed changes required in all administrative/back-office areas to support and help accomplish tenfold growth. • Successfully managed the transition of the college store from a mid-size scale to a whole new multi-channel serving both students and the public. • Developed and implemented KPI’s within the financial and administration unit with emphasis on operational excellence and great customer service. • Recorded the first surplus over $300,000 CAD for the college in over 5 years, that is 95% increase. Show less
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Government of New Brunswick / Gouvernement du Nouveau-Brunswick
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Canada
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Government Administration
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700 & Above Employee
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Auditor/Consultant
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Sep 2019 - Jan 2021
• Plan audit engagements in accordance with relevant Accounting / Auditing standards. • Develop enterprise risk management for the branch. • Prepare audit procedures for PETL branches using risk-based approach. • Assess adherence and compliance with policies, procedures, legislation and regulations. • Conduct audit work within the set deadlines and ensure timely delivery of audit reports. • Collect financial data and analyze trends. • Assess compliance with financial regulations and controls. • Test various financial documents and reports accuracy and compliance. • Identify ongoing compliance issues, process weaknesses, and inefficiencies. • Planned and executed operational audits of various branch using risk-based audit. • Verified compliance of branch controls with established policies. Key Achievements: • Improved internal control efficiency and risk reduction by presenting valuable audit findings. • Increased efficiency and enhanced operations by suggesting adherence to government policies and guidelines. • Entrusted to develop the standard operating procedure for the internal audit unit for the branch within one year of hire. Show less
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UPS
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United States
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Truck Transportation
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700 & Above Employee
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Customs Brokerage Administrator
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Jun 2016 - Mar 2020
• Assess duties, taxes, and brokerage fees of commodities on behalf of customers. • Ensure that assessment of duties and taxes adhere to regulations by using harmonized codes (HS codes) through Microsoft Word, ICBS System and ISPSYS System. • Ensure that commodities are submitted to the Canada Border Service Agency (CBSA) using the applicable Automated import Reference System (AIRS) code. • Ensure customers are educated about the import requirements for Canadian Food Inspection Agency (CFIA) regulated commodities and they are strictly adhered to by the customers • Answer customer inquiries and solved their problems with professionalism. • Provision of Administrative support services to customers. Key Achievements: After about 6 months of dedicated service and proven knowledge of the Canada Customs Imports Laws, I was assigned to manage several key clients’ accounts, to avoid errors in their customs import processing. I was also recognized for having great work ethic with the issuance of a certificate of perfect attendance every quarter over my 3 years at the company. Show less
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Enterprise Atelka
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United States
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Wholesale
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Customer Service Representative
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Jan 2016 - Jun 2016
• Attracts potential customers by answering product and service questions; suggesting information about other products and services. • Maintains customer records by updating account information. • Resolves product or service problems by clarifying the customer's complaint; determining the cause of the problem; selecting and explaining the best solution to solve the problem; expediting correction or adjustment; following up to ensure resolution. • Maintains financial accounts by processing customer adjustments. • Prepares product or service reports by collecting and analyzing customer information. Key Achievements: Contributed to the team effort by ensuring customers are attended to as soon as possible thereby decreasing wait times Show less
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Senior Auditor and Tax Supervisor
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Jul 2014 - Dec 2015
• Deliver a full range of tax services in compliance with laws and regulations within time frame. • Build relationships and interact with clients to provide excellent planning, consulting and expertise • Provide innovative tax planning and review complex income tax returns. • Manage and coordinate tax audits. • Collect information from clients about income and taxable earnings. • Assisted clients in completing forms related to tax returns. • Worked diligently during peak tax seasons to provide accurate tax return reports to clients ahead of deadline. Key Achievements: I was able to identify and mitigate tax risks for the firm’s major client that resulted in over 50 million Naira savings ($180,000 CAD) in the client’s annual tax bill. This performance gave the firm a competitive edge. Show less
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Senior Accountant and Internal Auditor
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Dec 2012 - Jul 2014
• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations • Determine internal audit scope and develop annual plans for the company • Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts. • Prepare and present reports that reflect audit’s results and document process. • Act as an objective source of independent advice to ensure validity, legality and goal achievement. • Identify loopholes and recommend risk aversion measures and cost savings. • Maintain open communication with management and audit committee. • Document process and prepare audit findings memorandum. • Conduct follow up audits to monitor management’s interventions. • Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards. • Update accounts payable and perform reconciliations. • Post and process journal entries to ensure all business transactions are recorded. • Update accounts receivable and issue invoices. • Assist with reviewing of expenses, payroll records etc. as assigned • Update financial data in databases to ensure that information will be accurate and immediately available when needed. • Prepare and submit weekly/monthly reports Key Achievements: Took charge of a fraud investigation audit which lead to the successful prosecution and recovery of over 8 Million Naira ($30,000 CAD). I also advocated the dissolution of an unprofitable subsidiary Company that resulted in $100,000 CAD or more in annual savings (recommendation adopted by the management). Improved operational efficiency by implementing an accounting software that support online invoicing, bill payments reminders and easy access to real time financial reports. Show less
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Education
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2017 - 2020
University of New Brunswick
Master of Business Administration - MBA -
2009 - 2012
Olabisi Onabanjo University(O.O.U)
Bachelor of Science (B.Sc.), Economics -
2005 - 2008
Olabisi Onabanjo University(O.O.U)
National Diploma, Accounting
Community
