Adekoya Emmanuel Olorunjuwon

CAREER PROFILE

I am an Associate of both the Institute of Chartered Accountants of Nigeria (ICAN) and Chartered Institute of Taxation of Nigeria (CITN). My background reflects 15 years’ experience with proven records and significant achievements in various managerial roles. I have continuously delivers outstanding results developed through work experience, personal development and trainings.

Career Objective

I am an experienced accountant seeking to be a team player by combining my talent and ambition to those of the organization’s high performing team thereby contributing to the overall goals and objectives of the organization.

Core Competencies

  • Team player, self-starter, result oriented and interpersonal skills
  • Excellent leadership, communication and organization skills
  • High degree of integrity and confidentiality
  • Professional maturity to function at top management levels
  • Computer skills: Microsoft outlook, word, excel, Accpac, sage evolution ERP, SAP FI, QuickBooks online, Xero and FinAS Accounting System.

Major Achievements

  • 2006 – Successful completion of final accounts for MRS Shipping Line Ltd – a Sister Company to MRS Oil & Gas Co. Ltd – for the purpose of first audit for the year ended 31st December, 2006.
  • 2010 – Successful completion of final accounts of Kano Shipping (Ghana) Ltd – a Sister Company in Ghana – for the purpose of first audit for the year ended 31st December, 2010.
  • 2010 – Received an Award from Nigerian Ports Authority (NPA) in recognition of outstanding contribution to Voyage Reconciliation meetings
  • 2017 – Successful implementation of Xero Accounting Software across some entities in the Group; Local and International

WORK EXPERIENCE


Principal Accountant;

BESTAF Trading Co. Ltd, Apapa, Lagos (Oil Storage, Jetty & Terminals)       Feb 2017 – Date

(Seconded from MRS Oil & Gas Co. Ltd.) 

Job Description:

ACCOUNT AND FINANCE DUTIES:

  • Responsible for authorizing Bank transfers locally and international
  • Perform approval duties on all disbursements to various vendors in a timely manner
  • Prepare monthly analysis of oil storage receivables and reconciliations to CEO’s office
  • Perform monthly staff payroll checks and recommend payment for Management approval.
  • Prepare and implement financial accounting department processes and procedures.
  • Managing effective internal control system to ensure due diligence, cost control / reductions.
  • Perform monitoring of expenditure to ensure they are within budget allocations
  • Render timely and accurate returns to relevant statutory authorities in compliance with relevant laws
  • Follow up on group entities bank reconciliations and report same to the CEO’s Office on weekly basis
  • Perform month end closure and prepare monthly schedules of withholding tax returns
  • Managing and maintaining relationship with tax authorities, external auditors and others
  • Perform close monitoring of bank / treasury operations and cash flow forecasting
  • Prepare ad-hoc reports to the Management for decision making

ACCOUNTING SOFTWARE DUTIES:

  • Team Lead on Xero Accounting Software; implementation, processes and procedures
  • Attending to Xero queries from employees across all the group entities – local and international
  • Responsible for checking postings into various modules of Xero Accounting Software
  • Organizing trainings to new employees on Xero Accounting Software
  • Team Lead / Project Manager – MRS FinAS Accounting Software development for the entire Group

GENERAL DUTIES:

  • Perform supervisory role on subordinate staff as required
  • Recommend process improvement to the Management when necessary
  • Perform any other related duties as may be instructed by the Management

Principal Accountant:

Stallion Storage & Logistics Ltd, Apapa, Lagos: (Gantry/Jetty Maintenance) Nov 2013 – Jan 2017

(Seconded from MRS Oil & Gas Co. Ltd.) 

Job Description:                                                       

  • Preparation of finance reports monthly
  • Provide leadership to accounts / finance staff
  • Give support to annual business planning / budget
  • Responsible for variance analysis reporting monthly, quarterly and yearly
  • Responsible for treasury management, filling tax returns, preparing cash flow projections
  • Any other duties as may be instructed by Group Executive Director / Financial Controller

Accountant:

MRS Oil & Gas Co. Ltd., Apapa, Lagos (Downstream Marketer)                     July 2012 – Oct 2013

Job Description:

  • Prepare monthly analysis and reconciliations of Balance sheet items
  • Prepare Bank accounts reconciliation statement on monthly basis
  • Explain accounting transactions and resolve accounting issues and discrepancies
  • Responsible for Accounts Payables payment in accordance with company authorization/approvals
  • Ensure month end closure is adhere to accordingly
  • Providing leadership and supervision to some accounts department team
  • Any other duties assigned by the Financial Controller

Shipping Accountant:

MRS Shipping Line Ltd, Lagos (Shipping Company / Agency)                    Feb 2006 – June 2012

(Seconded from MRS Oil & Gas Co. Ltd.) 

Job Description:

  • Prepared monthly financial accounts / reports for Management in respect of Shipping operations
  • Carrying out the monthly analysis and reporting of all shipping/marine operations both local and foreign
  • Responsible for accuracy and completeness of General ledger
  • Receive and verify all marine operations bills for vessels & barges before payment
  • Ensured Nigerian Ports Authority’s requirement for berthing and sailing of vessels & barges are met
  • Ensured NPA bills are approved and processed for payment
  • Responsible for cost control and drive revenue
  • Prepared shipping operations cash flows projections to Management on monthly basis
  • Attended on regular basis voyage meetings with NPA for bills reconciliations
  • Maintained the Fixed Assets register and depreciation
  • Oversaw the Finance/Accounts department of a Foreign Sister Company in Ghana.
  • Ensured all statutory tax issues are promptly settled with relevant tax Authorities.
  • Any other duties assigned by the Managing Director

Accountant:

Air Liquide Nigeria Plc, Lagos         (Industrial Gas Company)       October 2003 – January 2006 

Job Description:

  • Prepared monthly finance report, efficiency/variance analysis report and marketing report to management.
  • Prepared daily, weekly cash / bank position
  • Participated in quarterly stock-taking exercise at various depots
  • Prepared monthly depot sales analysis to management
  • Reconciled clients’ accounts in conjunction with marketing department
  • Prepared Bank transfers – inter / intra area and international
  • Posted bank journals into Accpac payable and receivable modules to generate monthly accounts
  • Liaised with paying and receiving cashier, other accounts staff and commercial department
  • Deputized for Area Accountant when necessary
  • Any other duties as may be assigned by the Area Accountant and Finance/ Admin Manager

Accounts Supervisor:

Stephenson Brothers Limited, Lagos          (Oil Servicing Company)          Mar 2001–Sept 2003 

Job Description:

  • Ensured all sales proceeds are lodged into Bank account
  • Prepare management monthly reports
  • Supervised Stores Officer and Petty Cashier.
  • Any other duties as may be assigned by the Chief Executive Officer

Accounts Officer (Intern):

ARC Nigeria Limited, Lagos (Building & Civil Engineers)       Sept 1988 – January 2001 

Job Description:

  • Maintained the project accounts,
  • Maintained accounts payables;
  • Gave assistance to Chief Cashier in banking operations;
  • Any other duties as may be assigned by the Accounts Manager

EDUCATION

  • B.Sc. Accounting, University of Lagos, Akoka, Yaba, Lagos, Nigeria 2016
  • Diploma, Computer Studies, Obafemi Awolowo University, Ile – Ife, Nigeria 2000
  • HND Accountancy, Yaba College of Technology, Yaba, Lagos, Nigeria. 1999

Certifications and Professional Affiliations

  • OHSAS 18001 Lead Auditor;

By Professional Evaluation and Certification Board (PECB)      April 2016

  • Certificate – PRINCE2 Project Management          March 2016
  • Associate Member (ACTI), Chartered Institute of Taxation of Nigeria (CITN) Nov 2015
  • Associate Member (ACA),Institute of Chartered Accountants of Nigeria (ICAN) May 2008

Trainings and Courses Attended

  • Accountant / Tax Retreat by ADRAC Professional Services, Lagos                 Dec 16,2017
  • IFRS Training at MRS Oil Nigeria Plc, Lagos by M/s KPMG Nov 24 – 25, 2017
  • IFRS Training at MRS Oil Nigeria Plc, Lagos by M/s Business Intellectual Reserves Oct. 2016
  • Annual Accountants Conferences, Seminars & MCPEs by ICAN                                 , 2016
  • PGD Theology by The Redeemed Christian Bible College                 , 2012
  • MRS ONE SAP/FICO L3 Super User Training by MRS Oil Nigeria Plc, Lagos , 2012
  • Team Building/Bonding Retreat by Poise Nigeria Limited, Lagos                July 2011
  • Peachtree & Sage Accounting training by NCR Computer Science Institute, Lagos July 2003