Summary
Overview
Work History
Education
Skills
Accomplishments
Education Certification
Certification
Languages
Timeline
Generic
OLU FILANI

OLU FILANI

West Orange,NJ

Summary

Experienced CPA professional with 10+ and subject- matter expert in accounting and corporate issues including Big 4 public accounting, Tax and private industry. Skilled in assurance busy seasons and month/quarter/year-end closings, with expertise in financial and operational accounting. Known for meticulous attention to detail and unwavering commitment to excellence. Collaborative team player adept at fostering productive relationships. Proficient in Microsoft Excel, Dynamics 365, SAP, Oracle, PeopleSoft, Great Plains, and QBO.

Experienced with conducting thorough tax audits and investigations to ensure compliance with tax regulations. Utilizes in-depth knowledge of tax laws and financial analysis to identify discrepancies and enforce accurate taxation. Strong understanding of audit procedures and regulatory compliance, ensuring fair and consistent application of tax laws.

Overview

12
12
years of professional experience
1
1
Certification

Work History

Internal Revenue Agent

IRS
01.2025 - Current
  • Conduct independent examinations and related investigations of complex income tax returns filed by individuals or business/organizational entities.
  • Examinations may also contain special audit features or anticipated accounting, tax law, or investigative issues of more than usual difficulty or complexity.
  • Conduct examinations of complex individual and business taxpayers involved in activities or transactions designated or structured to hide or conceal income such as offshore activities, multiple related entities and other means using a wide range of financial and other investigative skills.
  • Conduct package audits to determine that other required returns such as information, excise, or specialty returns are filed and conduct concurrent examinations of these and other returns when warranted.
  • Recognizes the need for specialists and makes appropriate referrals.
  • Identify issues to be pursued based on large, unusual, or questionable items which produce significant tax or compliance effect and utilize the appropriate tax law and facts needed to resolve them.
  • Recognizes indicators of fraudulent activity and develops appropriate referrals.
  • Apply appropriate standard accounting methods and techniques during the course of examinations in order to develop information regarding the income and financial operations of taxpayers.
  • Determines and utilizes the most appropriate accounting methods.
  • Formulates an appropriate alternative method of determining income and expenses when ordinary accounting methods are not available, which varies due to the complexity of the entities.
  • Examine accounting systems and records including computerized accounting and financial information systems which reflect a variety of complex financial operations.
  • Gathers and researches data from a variety of sources, including specialized accounting systems and practices unique to specific trades or industries.

Individual and Business Tax Lead

Intuit Inc
12.2020 - 04.2025
  • Company Overview: Mountain View, CA
  • Researched and analyzed a wide range of tax issues related to business transactions and tax implications utilizing various tax and financial researching tools to benefit major financial institutions assigned to me.
  • Prepared and analyzed K-1’s and tax returns (Federal, States, and local) for Partnerships.
  • Reconciled client provided trial balance and made adjusting entries for GAAP to Tax difference and any timing difference.
  • Reviewed client's financial documents and prepared company trial balance, M-1 accounting to tax adjustments, partner's capital reconciliations, K-1 Pickup and true up schedules, annualized K-1-line-item equivalents, and passive income analysis for several domestic properties and investment funds.
  • Prepared Partnership, Corporate and State Tax Returns/Extension and Partner K-1s for several domestic properties and investment funds.
  • Interpret and apply tax law for individuals and business Tax returns with complex business transactions.
  • Full-Service Business return preparation and review returns pertaining to application of tax principles.
  • Provided technical tax advice to clients, offering strategic planning to minimize tax liabilities and ensure compliance with IRS regulations.
  • Utilize and leverage government websites, professional resources, and team expertise to seek out and deliver the right answer to the customer using everyday language.
  • Document customer interactions.
  • Mountain View, CA

Senior Accountant (contractor)

Horizon Blue Cross
04.2024 - 12.2024
  • Maintain accurate accounting sub ledgers for the tracking of advance deposits, receivables, aging of contingent receivables, claims, retention, broker commission, interest charges, high level pooling charges and related billing accounts.
  • Apply all payments and prepare schedules tracking receivables, advance deposits and contract settlements.
  • Assist in the preparation of routine and on-routine journal entries, reallocations and other adjustment transactions for financial month end close.
  • Identify and resolve discrepancies and errors associated with the proper billings, receipts and disbursements.
  • Maintain sub schedules per group to reflect monthly account balances and review book to tax reconciliations.
  • Prepare reconciliations, analysis and various reports to show the status of the accounts according to GAAP principles.
  • Provide explanation for variances to the GL. Adjust as necessary.
  • Prepare for audits by reviewing the financial and operational data, policies, and previous examination reports to pinpoint potential areas of concern.
  • Balance all related accounts to the General Ledger and recommend improvements to the current system.
  • Provide support to Manager and Financial Analysts for monthly, quarterly and annual close process through preparation, examination and analysis of journal entries, reallocations and other adjustment transactions for the financial month end close.
  • Analyze designated monthly entries. Investigate and identify any unusual items to ensure the amounts being reported are accurate.
  • Handle other month end close duties and special projects as they arise including GL account reconciliation of various P&L and balance sheet accounts.
  • Evaluate complex financial data to identify tax implications for mergers, acquisitions, and consolidations.
  • Assist with internal & external audits with annual financial, operational and procedural audits.

Auditor

PricewaterhouseCoopers
04.2022 - 04.2024
  • Company Overview: New York
  • Monitored a team of remote staff associates and foster relationships with managers and peers.
  • Facilitated and lead issue teams and projects with emphasis on planning, directing and coordinating.
  • Examined and reviewed client accounting records and financial statements to resolve tax issues.
  • Served as the engagement lead/technical issue expert on financial products and transactions such as derivatives (swaps, forwards, futures etc.), realized gain/loss, cash, and debt.
  • Audited transaction cycles, including contribution, distribution, property acquisition and disposition, investments, capital expenditures, and other income and expenses.
  • Utilized knowledge of client operations, processes, and business objectives to fully document evidence of compliance with SOX.
  • Researched accounting and auditing matters and documented conclusions related to transfer pricing.
  • Ensured adherence to state and local sales and use tax regulations, including reporting, remittance, and audit support.
  • Established clear communication with clients to understand engagement expectations and build long term relationships.
  • Evaluated internal accounting and management control systems, audit risk, materiality, and compliance with auditing standards and Sarbanes Oxley through inquiry, observation, and review.
  • Reviewed underlying investment’s quarterly PCAP statements and accounting Packages.
  • Conducted Audit testing on financial transactions to evaluate the design and effectiveness of internal controls.
  • Prepared general ledger and work paper files for accuracy and completeness, including capital activity, investment activity, income, and expense accruals as it pertains to tax laws.
  • After the examination/Audit, they prepare detailed reports and work with credit union management to address issues, monitor problem areas, and ensure compliance with corrective actions.
  • During the audit, they assess various aspects such as loan portfolios, internal controls, liquidity, and compliance with laws and regulations.
  • New York

Accountant (Contractor)

Securitas and Bausch Health
07.2020 - 04.2022
  • Performed month-end closing procedures, prepared journal entries, and managed data entry with minimal supervision.
  • As part of my month-end, quarterly, and year-end duties, I was responsible for preparing closing journal entries, and financial statements such as the Balance Sheet, Income Statement, Statement of Retained Earnings and Statement of Cash Flow.
  • Prepared and maintained various balance sheet reconciliations, ensuring appropriate support and documentation.
  • Created and maintained financial statements, including conducting variance analysis.
  • Assisted in preparing internal management reports and Cash flow statements with emphasis on working capital.
  • Analyzed operating, investing, and financing activities to assess company performance and optimize cash utilization.
  • Generated periodic forecasts for different departments and effectively communicated variances.
  • Reviewed and processed employee expense reports.
  • Provided deliverables and answered inquiries for accountants and external auditors.
  • Prepared, updated, and maintained documentation on internal controls and financial processes.
  • Worked extensively and interacted effectively with a broad range of individuals and negotiated with specialists in accounting, legal, tax, and other similar business-related professions on the interpretation of tax issues.
  • Prepared written audit reports and analyses and articulated and communicated results and analyzed orally in writing with management both internally and externally.

Accountant

Seppic Inc
06.2019 - 07.2020
  • Efficiently managed cash flow reporting, posted cash receipts, and conducted credit risk analysis and credit term evaluations.
  • Generated reports on Days Sales Outstanding (DSO), Accounts Receivable (AR) Aging, and working capital, and facilitated monthly account closing procedures.
  • Compiled financial reports related to cash receipts, expenditures, and profit and loss.
  • Produced, distributed, and tracked over 5000 monthly invoices for the pharmaceutical industry.
  • Identified, researched, and resolved billing variances to maintain system accuracy and currency.
  • Managed efficient cash flow reporting, cash receipt posting, and chargeback analysis, independently addressing and resolving issues.
  • Analyzed, prepared, and issued chargeback notices for payment to prevent involvement of third-party collection agencies.
  • Researched and analyzed accounting issues.
  • Applied GAAP and legal principles, theory, and practices to analyze and interpret accounting books, records, systems and/or legal issues.

Accounts Receivable Supervisor

Veritext Corp
04.2013 - 05.2019
  • Analyzed Trial Balance accounts to assess working capital.
  • Supervised and Trained 6 AR Analysts.
  • Maintained the integrity of the general ledger and did cash flow analysis.
  • Generated reports presenting various metrics and account information.
  • Proposed and published metrics for incorporation into monthly financials or scorecards.
  • Addressed and resolved complaints from clients or customers and handled overall company reviews.
  • Managed large accounts of more than $100 million while overseeing a team of 7 clerks and multiple lower-level accounts.
  • Performed detailed cash flow analysis to monitor liquidity, identify trends, and support financial planning.
  • Collaborated with sales managers to process expense reports.
  • Provided oversight for customer collections.

Education

Bachelor of Science - Management and Accounting

Obafemi Awolowo University

Skills

  • Tax law interpretation
  • Financial analysis
  • Fraud detection
  • Complex tax audits
  • Accounting methods

Accomplishments

  • Resolved product issue through consumer testing.
  • Documented and resolved [Issue] which led to [Results].
  • Achieved [Result] by introducing [Software] for [Type] tasks.

Education Certification

New York State Licensed Certified Public Accountant (CPA), Bachelor of Science, Management and Accounting, Obafemi Awolowo University, Lagos, Nigeria

Certification

  • Certified [Job Title], [Company Name] - [Timeframe]

Languages

English
Full Professional

Timeline

Internal Revenue Agent

IRS
01.2025 - Current

Senior Accountant (contractor)

Horizon Blue Cross
04.2024 - 12.2024

Auditor

PricewaterhouseCoopers
04.2022 - 04.2024

Individual and Business Tax Lead

Intuit Inc
12.2020 - 04.2025

Accountant (Contractor)

Securitas and Bausch Health
07.2020 - 04.2022

Accountant

Seppic Inc
06.2019 - 07.2020

Accounts Receivable Supervisor

Veritext Corp
04.2013 - 05.2019

Bachelor of Science - Management and Accounting

Obafemi Awolowo University

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