Afolabi Kaosara

Responsibilities

* Prepare accurate monthly, quarterly, and annual financial statements and management reports.
* Manage general ledger activities, including journal entries, account reconciliations, and month-end and year-end closing processes.
* Perform bank, cash, and balance sheet reconciliations, ensuring the accuracy and completeness of financial records.
* Develop and monitor annual budgets, forecasts, and variance analyses to support strategic decision-making.
* Oversee accounts payable and accounts receivable processes, ensuring timely payments and collections.
* Ensure compliance with tax regulations by preparing and filing VAT, PAYE, Withholding Tax, and other statutory returns.
* Coordinate external and internal audits by preparing schedules and supporting documentation.
* Maintain fixed asset registers and oversee asset capitalization, depreciation, and disposal.
* Monitor cash flow and prepare financial analyses to support management decisions.
* Supervise finance staff, providing guidance and ensuring adherence to accounting policies.

Key Achievements

* Improved the accuracy and timeliness of monthly financial reporting by streamlining reconciliation and reporting processes.
* Successfully managed budgeting and financial planning, enabling effective cost control and improved financial performance.
* Strengthened internal controls and reduced reconciliation discrepancies through process improvements.
* Ensured consistent compliance with statutory tax and regulatory requirements, minimizing compliance risks.
* Supported successful internal and external audits by maintaining complete and accurate financial records.
* Improved cash flow management through effective monitoring of receivables and payables.
* Produced insightful financial reports that supported management in making informed business decisions.
* Led finance process improvements that enhanced operational efficiency and reporting accuracy.

• Manage payroll and agency fee billing for 17+ clients, ensuring
accuracy and timely processing.
• Prepare and present monthly management accounts, budgets, and
financial performance reports.
• Monitor accounts receivable and payable, track aging schedules,
and ensure timely collections and payments.
• Oversee tax compliance (PAYE, VAT, WHT) and ensure accurate
filing with FIRS and state tax authorities.
• Implement and maintain internal financial controls to minimize
errors and improve efficiency.
• Manage cash flow planning to ensure adequate liquidity for
operations and statutory obligations.
• Collaborate with auditors, tax consultants, and regulatory bodies
for compliance and accurate reporting.
• Supervise and mentor the finance team, promoting accuracy,
accountability, and continuous improvement.

• Assist in preparing audit working papers and documentation in line
with professional standards.
• Support senior auditors in reviewing client financial records for
accuracy and compliance.
• Gain practical experience in internal control testing and
substantive audit procedures.
• Prepare draft reports highlighting key audit findings and
recommendations.

• Managed petty cash disbursements and carried out imprest
retirement analysis.
• Prepared and submitted daily sales reports for management
review.
• Handled daily banking of cash transactions and raised cheques for
authorized signatories.
• Assisted the Accounts Head in preparing bank reconciliations.
• Prepared and filed VAT returns with the Federal Inland Revenue
Service (FIRS).
• Supported management with ad-hoc financial tasks as assigned by
the Accounts Head and MD.

• Managed daily bookkeeping and financial record updates.
• Assisted in preparing monthly financial statements and cash flow
reports.
• Handled bank reconciliations and monitored petty cash expenses.
• Supported management in budget preparation and expense
control.