Olusegun Koleosho, Group Accountant

Olusegun Koleosho

Group Accountant

Krosk Partners Limited

Location
Nigeria
Education
Bachelor's degree, Accounting
Experience
16 years, 11 Months

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Work Experience

Total years of experience :16 years, 11 Months

Group Accountant at Krosk Partners Limited
  • Nigeria
  • My current job since October 2021

• managing and leading the accounting team whilst being responsible for all operational issues
• maintaining and enhancing the organisation’s entities’ accounting internal process and control systems, overseeing adherence to all applicable legislations and company policies
• Managing and monitoring company’s cash flow
• preparing and/or reviewing of monthly, quarterly, and annual separate and group financial statements.
• co-ordinate and ensure full implementation of the financial and corporate strategy of the entire organization by aligning to various departmental KPI’s.
• over-viewing and managing the payment processes as well as the payroll computation.
• monitoring and managing of financial ledger, ensuring integrity and completeness of accounting records.
• conduction performance evaluation in a timely manner and providing constructive feedback to the management team.
• monitoring and reconciling inter-group balances, account payable and receivable.
• co-ordination and presentation of annual budget to the management team and the board of directors
• - submitting, reviewing and preparation of tax and compliance related documentation
• - ensure timely review fixed asset register to eliminate obsolete and advice management on replacement
• treasury and balance sheet management to ensure adequate liquidity for processing transactions.
• Coordinating and Supervision of team members to ensure:
- Accurate financial data is captured on the SAGE Software.
- Correctness of company’s Bank statements and reconciliation promptly.
- Rendering of tax and other statutory returns as at when due (VAT, WHT, NHF, Pensions, CIT, TP Returns, Country by Country Reporting among others).
- Review and ensure the correctness of staff payroll and other staff allowances.

Team Lead Corporate Account at UBA Pensions Custodian Limited
  • Nigeria - Lagos
  • June 2007 to October 2021

• Preparation of monthly management account and annual financial statement in line with IFRS for management and other stakeholder decision making.
• Preparation of CFO report for Board meetings and monthly MPR for Executive Members Committee for overall strategic planning and review
• Responsible for review of macroeconomic indices and the effect on the company’s performance
• Co-ordination and Driver of strategic business documents and key deliverables for the entire organization to ensure the company is focused and in consistent with its strategy.
• Liaise with both internal and external auditors on audit related issues arising during review of financial data and timely resolution and closure of the audit to meet deadline.
• Ensure optimal returns on proprietary investment by analyzing the risk and returns and choosing the investment with optimum returns.
• Liaising with Tax Authorities by attending meetings to resolve queries/enquiries that may arise during tax audit or desk review and ensure the company is not exposed to liabilities.
• Coordination and preparation of Annual budget and forecast for the company in line with the target set by the Board of directors.
• Preparation of trend analysis and measurement of Budget variance against the KPI for each department/unit
• To ensure timely preparation and submission monthly and quarterly PVR and Management account to National Pension Commission.
• Ensure accurate and correctness of fixed asset register and identify any obsolete
• Coordinating and Supervision of team members to ensure:
- Accurate financial data is captured on the ERP (Microsoft NAV) Software
- Correctness of company’s Bank statements
- Rendering of tax and other statutory returns as at when due (VAT, WHT, NHF, Pensions, CIT, TP Returns, Country by Country Reporting among others).
- Review and ensure the correctness of staff payroll and other staff allowances.

Education

Bachelor's degree, Accounting
  • at University Of Lagos
  • July 2004

Specialties & Skills

Strategy Work
Financial Reporting
Fund Accounting
Budgetary Management
Communication skill
customer centric
Strategic Analyst
Result oriented
Leadership skill
Analytical skill
Highly motivated and resourceful

Languages

English
Expert

Memberships

Institute of Chartered Accountant of Nigeria
  • Member
  • May 2019
Association of Chartered Certified Accountant
  • Affiliate Member
  • September 2015