Olufunke Aderonke Adekoya
Gaithersburg
Summary
Accounting and finance professional with a strong track record in optimizing financial operations. Achieved a 60% reduction in operational costs through strategic vendor negotiations and improved funds management efficiency by nearly 60%. Expertise in financial analysis, vendor management, and compliance, supported by advanced proficiency in accounting software.
Overview
1
1
Certification
18
18
years of professional experience
Work History
Bookkeeper/ Account Manager
SDIL
Lagos
12.2019 - 12.2025
- Managed client relationships, overseeing account activities and enhancing client satisfaction through proactive communication.
- Successfully managed and maintained the company’s QuickBooks account for the last six years.
- Reconciled financial transactions with bank statements and cards, ensuring accuracy of entries in QuickBooks and Excel to prevent misinformation.
- Successfully ensured all financial records are organized and up to date for year-end Tax preparation in time.
- Improved funds management efficiency by nearly 60% within 18 months.
- Directed finance and administrative operations, achieving a 60% reduction in operational costs through strategic vendor negotiation and resource optimization.
- Managed high-profile client projects, including Nestlé, AXA Mansard, and the Institute of Directors Nigeria.
- Read and understand contracts and statutory responsibility that bind the project and secure a copy for Audit and Tax purposes.
- Proficiency in QuickBooks Desktop, Sage X3, Excel.
- SDIL is a Consulting Firm that deals with Multinationals, helps to reduce operational cost, optimizing performance in the workplace by training. -Online Tutoring and online consulting.
- Twice named Staff of the Year at SDIL (2019 & 2021).
Finance & Procurement Specialist
Tecon Oil Services Ltd.
Lagos
05.2019 - 04.2024
- Prepared monthly financial reports, budgets, and cash flow forecasts in compliance with IFRS and GAAP.
- Managed vendor and client accounts, reconciled statements, and resolved discrepancies, ensuring accuracy ahead of audits.
- Transitioned the accounting system from Quickbooks to Sage X3 ERP, streamlining financial operations across subsidiaries.
- Developed and implemented accounts payable policies and procedures to ensure financial integrity.
- Reviewed contracts for each project, obtaining signed copies from vendors for audit and tax compliance.
- Conducted monthly meetings with company vendors and clients to ensure accurate and reliable account records.
- Reduced month-end close time by 25% and standardized financial reporting for two subsidiaries.
- Exceptional Organization and time Management Skills, attention to detail, strong verbal and written communication.
Financial Accountant
Tecon Oil Services Ltd.
Lagos
11.2012 - 04.2019
- Reconciled various general ledger account Monthly.
- Preparation of various Tax Schedules for Federal Inland Revenue Service (FIRS).
- Prepared annual depreciation and depletion tax schedule.
- Managed Fixed Assets Ledger and depreciation schedule, ensuring accurate reporting in hard copy and Sage x3 Accounting Software.
- Updated and reconciled payables and receivables accounts.
- Investigated and resolved discrepancy in financial report.
- Provided financial insight with management for decision.
- Reported directly to the CFO.
- Prepared and submitted monthly updated Vendors and Clients Account report to the (CFO) Head of Account Department.
- Maintained accounts payable records to ensure timely payment processing.
- Supported department during Annual Audit and Financial Report.
- Stayed updated with Business Development that is Clients Accounts Managers.
- Safeguarded all invoices and transactions evidence for Audit purposes.
- Supervised and trained new accounts officer to ensure processing accurately without error.
- Managed financial records and transactions for oil service projects.
- Reconciled bank statements with company accounts regularly.
- Mentored junior accounting staff on best practices and procedures.
- Implemented process improvements to enhance financial reporting accuracy.
- Reconciled intercompany transactions between entities within the group and ensured timely resolution of differences identified in reconciliation process.
- Reviewed financial records, including income statements and balance sheets, to ensure accuracy.
- Prepared journal entries for the month-end close process.
- Monitored cash flow positions for each entity within the group as well as consolidated position at any given point of time.
- Assisted with the preparation of financial statements in accordance with generally accepted accounting principles.
- Coordinated audit activities by providing necessary information and preparing requested documentation, facilitating smooth audit processes.
- Aided senior leadership during executive decision-making processes by generating financial and status update reports.
- Decreased company costs through accurate financial modeling, which included debits and credits research, credit transactions, deposits and budgeting.
- Developed and maintained effective relationships with banks and other external service providers such as tax consultants.
- Coded invoices to maintain organized and accurate records.
- Assessed data and information to check entries, calculations, and billing codes for accuracy.
- Analyzed financial data to identify trends and discrepancies.
- Updated and managed accounts payable databases, employing access controls to protect data.
- Researched changes in laws to maintain adherence to financial regulations.
- Coordinated project materials and schedules, facilitated communication and prepared reports.
- Researched and implemented best practices to improve audit results.
- Provided support during external audits conducted by auditors from head office or other locations.
Account Officer/Senior Accounts Officer
Tecon Oil Services Ltd.
Lagos
05.2008 - 01.2012
- Maintain integrity of Accounting information by recording verified, consolidated accurate accounts information.
- Maintain general ledger accounts, Trial Balance and reconciled entries with supporting document and bank statement respectively.
- Prepared bank deposits, ensuring accuracy and timeliness.
- Reconciles records with company employees management or external vendor and/or customers.
- Investigated discrepancies in data to ensure accuracy and reliability.
- Recommended actions to resolve discrepancies in financial records, enhancing accuracy and reliability.
- Analyze Vendor accounts.
- Compile data and prepare variety of report.
- Research, tracked restored any documentation problem and discrepancy.
- Protect organizational value by keeping accounting information confidential.
Education
Certificate - INTUIT ACADEMY BOOKKEPING
Coursera
ONLINE01-2026
Diploma - Project Management Level 7 Diploma
Home Study Centre
Online Certification04-2022
Certificate - Strategic Financial Management
Metropolitan School of Business And Management UK
ONLINE CERTIFICATE10-2021
Certificate - CPP
IIPMR
Houston, TX09-2019
CertiFR - Certificate in International Financial Reporting
Acca
Uk11-2018
Certificate - Diploma in Effective Bookkeping And Payrol
Alison CPD
Online StudyBachelor of Science - Accounting
Obafemi Awolowo University
NIGERIASkills
- QuickBooks Online
- QuickBooks Enterprise
- Sage X3 ERP
- Excel (Advanced)
- Financial Analysis
- Financial reporting
- Budgeting
- Cash Flow Analysis
- Accounts payable
- General ledger management
- A/P and A/R
- Reconciliation
- Audit Support
- Financial software
- Accounting principles
- Accounting standards
- Financial Documentation
- Expense Management
- Vendor management
- Contract Management
- Client relationship management
- Data analysis
- Cash flow management
- Project management
- Supply Chain Management
- Problem-Solving
- Attention to Detail
- Organizational Skills
- Leadership
- Communication
- Financial Research
- Bank statement reconciliation
- Account reconciliation
- Record preparation
- AP Oversight
- AP Analyst
- GL Oversight
- Comprehensive Accounting
- Financial Research
- Bank statement reconciliation
- Account reconciliation
- Record preparation
Certification
- Certified Procurement Professional (CPP), IIPMR, USA, September 2019
- Project Management Certificate (Level 7 – Diploma), Home Study Centre, UK, April 2022.
- Accounting Software Training: QuickBooks Online & QuickBooks Enterprise, Helamb Systems Ltd, 2020
- Sage X3 Training, AGL Enterprise Nigeria, 2020
- Effective Bookkeeping & Payroll, Alison, Online 2025
- Certified Medical Administrative Assistant, NPS, USA, 01/01/26
- CPR Certification, National CPR Foundation, USA, 01/01/25
- Certificate in international Financial Reporting
(CertiFR)ACCA-2018
Additional Information
Set up accounting systems for small business owners; Financial interpreter for NGOs., Procure 2 Pay Manual - Tecon Group Procurement Manual. 2019, English, Fluent
Accomplishments
- Best Employes Award Sdil-2022
- Award for Best Employee-Tecon Oil Services Ltd Lagos Nigeria 2019
- Outstanding Performance Award in 2022- Tecon oil Services Ltd
- Achievement Award for huge contribution in setting up Procurement Manual For Tecon Group
- Appreciation Award-2023-Tecoil Oil Services Ltd
Timeline
Bookkeeper/ Account Manager
SDIL
12.2019 - 12.2025
Finance & Procurement Specialist
Tecon Oil Services Ltd.
05.2019 - 04.2024
Financial Accountant
Tecon Oil Services Ltd.
11.2012 - 04.2019
Account Officer/Senior Accounts Officer
Tecon Oil Services Ltd.
05.2008 - 01.2012
Certificate - INTUIT ACADEMY BOOKKEPING
Coursera
Diploma - Project Management Level 7 Diploma
Home Study Centre
Certificate - Strategic Financial Management
Metropolitan School of Business And Management UK
Certificate - CPP
IIPMR
CertiFR - Certificate in International Financial Reporting
Acca
Certificate - Diploma in Effective Bookkeping And Payrol
Alison CPD
Bachelor of Science - Accounting
Obafemi Awolowo University