Akintola Olusola
About
Akintola Olusola is from Lagos State, Nigeria. Akintola is currently Chief Financial Officer at Alpha Partners Limited, located in Lagos. In Akintola's previous role as a Head of Accounts at Merciport Resources limited, Akintola worked in Lagos until Nov 2014. Prior to joining Merciport Resources limited, Akintola was a Associate at Colby Systems Limited and held the position of Associate at Lagos.
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Akintola Olusola's current jobs
An Investment Firm • Led financial management and strategic planning for subsidiaries in health insurance, primary healthcare, and financial institution • Prepared annual budgets and managed financial accounts, reducing costs and improving financial performance • Analyzed financial statements and implemented corrective actions to address variances • Oversaw group financial reporting, budgeting, and tax planning • Managed treasury and negotiated contracts with banking, investors, and vendors • Conducting due diligence on potential investment and writing of due diligence report • Spearheading M &A process including deal origination, due diligence, deal structuring and deal close. • Managing fundraising process
Akintola Olusola's past jobs
Oil and Gas (Downstream) • Setting up a financial system for the company as a startup business from scratch and formulating accounting policies that strengthen the financial health of the business. • Negotiated contracts with banks, resulting in significant cost savings • Managing accounts payable, accounts receivable and payroll • Preparing the budget and being in charge of financial accounting and reporting. Ensuring prompt presentation of financial reports for better informed decision. • Ensuring compliance with government policies, i.e. P.A.Y.E, pension, corporate taxation, etc • Ensuring that all the account balances are reconciled daily to maintain the integrity of the company's financials
A Consulting / Audit firm •• Setting up and monitoring the Computerization of Accounting Systems for clients cutting across manufacturing, trading and service industry using DacEasy Accounting, QuickBooks and Peachtree Accounting software. • Training of clients’ staff on different Accounting Software and Microsoft Office packages. • Business plan writing, profit and cash flow forecast preparation. • Documentation of Organizational Accounting Manual and Standard Operational Procedure for client companies. • Involved in human capital development consultancy services such as recruitment and training. Facilitate training programs for clients in the areas of finance and accounting. • Reconciling clients’ account differences: Bank Reconciliation; Branch and Head Office Accounts Reconciliation; etc. • Conducting stock taking exercise for clients. • Writing up of clients’ accounting books from source document to Final Account. • Auditing services: - Statutory audit. - Internal control audit and compliance verification for client companies on Plans, Policies and Standard Operating Procedure and report the level of compliance to the management. - Evaluation and documentation of Clients’ Internal Control System and determination of how it impacts on accounting function. - Designing and implementation of Accounting and Internal Control System for clients. • Tax consultancy service: - Involved in tax planning and management with reasonable understanding of Company Income Tax Laws, Education Tax Laws, VAT Laws, etc. - Computing Tax [Company Income Tax, Personal Income Tax (PAYE) etc] and fillings Tax Returns on behalf of clients. - Corresponding with Tax Authority on behalf of clients. i.e responding to Tax Query, Best of Judgment Objection, etc.