Summary
Overview
Work History
Education
Skills
Certification
Languages
Timeline
Generic

Olufunke Adekoya

Riverdale,MD

Summary

An experienced Administrator ,Financial Accountant and Procurement analyst with a demonstrated history of working in the oil & energy,Education and healthcare industry. Playing a pivotal role in making decisions within the company by bringing positive changes to the work environment in order to promote efficiency and effectiveness and increasing productivity in workspace Seeking a challenging environment that encourages continuous learning, creativity and exposure to new ideas which stimulates personal and professional growth and using the acquired ones accordingly for organisational benefit and growth. Skilled and knowledgeable in International Financial Reporting Standards, Analytical Reasoning, Vendor Selections, Negotiation, Procure to payment , Microsoft Word/excel, Critical Thinking, Marketing Strategy. Strong accounting professional and a certified Procurement professional from International Institute of Procurement, Marketing and Research (IIPMR).

Overview

16
16
years of professional experience
1
1
Certification

Work History

Finance and Procurement Specialist

Tecon Oil Services Ltd.
03.2019 - 04.2024
  • Updating customers account with the value of sales invoice submitted by Lagos Business Development Team. Follow-up with submitted invoices to ascertain their payment status
  • Tracking the payment due date and obtain Remittance Advice from customers through Business Development team. Ensure its transfer into the bank account
  • Updating the customers’ account by crediting the amount paid and tax withheld
  • Notifying Business Development team on any payment issue
  • Understanding Contracts pertaining to sub-contractor by working closely with Business Development team (Lagos and PH) and effectively managing the sub-contractor payment.(3rd party Payment)
  • Preparation of the subcontractor payment schedule, obtaining proper approval for all subcontractor payments before submitting it to the Treasury Manager for payment
  • Maintain accurate and updated record of all Sub-contractor for reconciliation, tax and accounting purpose
  • Communicate with Sub-contractors and internal personnel in a timely and professional manner during account reconciliation and to resolve any payment issues
  • Direct point of contact for client and Business Development team on anything relating to Sub contractor (3rd party ) payment.
  • Preparation of NSITF Schedule and submit to Group Head to obtain receipts and circulation of same to all relevant users in the company.
  • Preparation of yearly summary of Revenue Statement
  • 11 years

Financial Accountant

Tecon Oil Services Ltd
10.2016 - 11.2019
  • (a) To determine invoices due for payment and to monitor the balances on each customer’s account.
  • (b) Update customer’s account with value of the Invoice Submitted
  • (c) Follow-up with submitted invoices to ascertain their status in customer’s system
  • (d) Reprocess any cancelled invoices and resubmit.
  • (e) Prepared unpaid invoice report at a particular date.
  • (f) Identify invoices due for payment and notify client.
  • (g) Obtain due invoices report from customers.
  • (h) Obtain paid invoices report from customers
  • (i) Check for payment and ensure its transfer into the account.
  • Preparation of yearly summary of Revenue Statement
  • 4 years

Senior Account Officer

05.2013 - 11.2016
  • Facilitated the verification and vouching of oil tools by IPO , used analytical skills to classify the tools into different fixed assets head in such a way that the decision as to what items of tools belong to Fixed Assets will be recognized..
  • Presentation of categorized Fixed Assets schedule every six month.
  • Seconded to managed Nigerblossom Drilling company Account a subsidiary of Tecon Oil Services Limited.
  • Prepared monthly cash projection.
  • Assisted in preparation of Management Account.(Depreciation, Tax Computation)
  • Reconciliation of accounts
  • 3 years 7 months

Administrative Supervisor

Patkay & Company
01.2008 - 01.2009
  • . General Accounting Work.
  • Managed Company’s books of account
  • Reconciled all books (Payables and Receivables) with Bank statement.
  • Screened resumes and applications
  • Supervised the general activities of the company.Board of Internal Revenue
  • 1 year

Internal Audit Assistant

Board of Internal Revenue
11.2007 - 09.2008
  • 11 months

Education

MBA - Project Management Level 7

OXFORD
United Kingdom
01-2022

No Degree - Purchasing, Procurement

International Institute For Procurement And Market Resea
United State
01.2019

Procurement Diploma - Procurement

Microsoft Imagine Academy
01.2016

Master of Business Administration - MBA - undefined

Chicago institute of business
01.2015

Bachelor's degree - Accounting and Business/Management

Obafemi Awolowo University
01.2006

Skills

  • Project Management Skill
  • Problem solving skills-
  • Critical thinking
  • Leadership
  • Ethics
  • GAAP and IFRS Knowledge
  • Organizational Skill
  • Attention to details
  • Analytical skills
  • Technical skills e[Quickbooks,Sage and Sweetcorn]
  • /

Certification

  • ISO 9001:2015 Quality Management System Awareness Training
  • Certified Procurement Professional CPP


Languages

English

Timeline

Finance and Procurement Specialist

Tecon Oil Services Ltd.
03.2019 - 04.2024

Financial Accountant

Tecon Oil Services Ltd
10.2016 - 11.2019

Senior Account Officer

05.2013 - 11.2016

Administrative Supervisor

Patkay & Company
01.2008 - 01.2009

Internal Audit Assistant

Board of Internal Revenue
11.2007 - 09.2008

Procurement Diploma - Procurement

Microsoft Imagine Academy

Master of Business Administration - MBA - undefined

Chicago institute of business

MBA - Project Management Level 7

OXFORD

No Degree - Purchasing, Procurement

International Institute For Procurement And Market Resea

Bachelor's degree - Accounting and Business/Management

Obafemi Awolowo University

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Olufunke Adekoya