Taiwo A. Osibodu
Oswego,IL
Summary
Experienced Financial Accountant with a strong foundation in Accounts Payable, Accounts Receivable, General Ledger, and Monthly Reporting. Proficient in various accounting systems with a knack for optimizing financial processes and enhancing data analysis accuracy. Demonstrated ability to manage multiple projects under tight deadlines, ensuring operational efficiency and financial integrity. A dedicated professional committed to supporting accounting functions through meticulous data management and process improvements.
Finance professional prepared to drive results through analytical expertise and strategic planning. Proven track record in financial analysis, budgeting, and reporting, ensuring accuracy and compliance. Strong collaborator known for adaptability and reliability, with focus on achieving team goals. Skilled in financial modeling, risk management, and data interpretation, bringing valuable insights to optimize financial performance.
Overview
25
25
years of professional experience
1
1
Certification
Work History
Finance Associate
Redscout LLC (Stagwell)
05.2022 - Current
- Company Overview: Boutique brand and design consultancy specializing in helping Fortune 500 organizations achieve business transformation through tailored brand strategy
- Handled diversified accounts payable, receivable, and controlled expenses ensuring accurate bank account reconciliation, cash receipts, disbursements, collections, billings, invoicing, purchase orders, payroll reconciliation and spend reports for efficient cash flow management
- Ensured accuracy in reconciliations involving prepaid, accruals, and deferred revenue
- Enhanced month-end and year-end closing activities through detailed reconciliation and timely updates to fixed asset schedules monthly benefits reconciliation in partnership with Stagwell Global companies.
- Processed yearly1099 taxes for over 30 vendors using 1099 Pro Software
- Liaise with Client Services to ensuring client invoicing and billing are handled in a timely manner in support of project health
- Enhanced financial accuracy by streamlining the monthly close process and reconciling account discrepancies.
Senior Accountant (Contract)
VNA Healthcare
10.2021 - 05.2022
- Company Overview: A not-for-profit organization that provides comprehensive primary care, home-based services and community wellness programs for underserved communities
- Managed Health Center Account Receivables reconciliation
- Processed expense documentation using correct coding
- Reconciled employee health benefits via Sage Enterprise
- Streamlined payroll operations by accurately verifying employee benefit deductions against selected options
- Recorded credit card transactions via MIP Enterprise accounting software
- Processed close to $500,00 refunds for patients
- Support end-of-month financial documentation
- Managed additional duties as needed
- Executed inventory reconciliation using MIP Application software
- Created and transitioned cashed receipt journal entry from manual to automated upload reducing errors
Senior Staff Accountant (Contract)
Oersted Onshore North America
01.2021 - 04.2021
- Company Overview: A leading clean energy company that develops, constructs, and operates renewable projects
- Prepared accurate journal entries and monthly accruals
- Reallocated expenses to accurate accounts
- Processed approximately 60 invoices per day to support AP function
- Facilitated report requests from FP&A such as Profit and Loss, Budget Variances and Forecast Report
- Managed reconciliation of chargeback accounts
- Reconciled monthly expense reports for accuracy
- Reconciled monthly credit card bills and three bank accounts using SAP ERP
- A leading clean energy company that develops, constructs, and operates renewable projects
Settlement Analyst
BP Products North America Inc.
05.2000 - 03.2020
- Company Overview: Oil and gas company that explores, develops, refines, and markets oil and natural gas
- Collaborated with trading partners, suppliers and customers for order-to-cash process onboarding
- Generated accurate and timely invoices for third-party and inter-company customers
- Handled monthly payment processing for over 800 invoices
- Collaborated with co-worker to achieve IST trading working capital goal by collecting settlements before deadlines
- Conducted collections for accounts totaling $5M, recognized for exceeding targeted collection amount
- Verified customer payments and ensured accurate invoice application
- Collaborated with traders to secure customer pre-payments for those on the credit watch list
- Built a trusted network through consistent collaboration with various business entities
- Ensured confidentiality to safeguard organizational value
- Oil and gas company that explores, develops, refines, and markets oil and natural gas
Corporate Accounting and Reporting Financial Analyst (Contract)
MOLEX
12.2017 - 09.2018
- Company Overview: Manufacturer of electronic, electrical, and fiber optic connectivity systems
- Executed variance analysis on Intercompany Holding Company loans
- Overseeing routine operations of Commercial Paper Trade transactions
- Reconciled CMA loans across intercompany accounts
- Examined data from the Government Report BE-577 to identify key trends
- Generate detailed OIM reports for foreign taxes with precision
- Manufacturer of electronic, electrical, and fiber optic connectivity systems
Senior Accountant (Contract)
THE JOINT COMMISSION
03.2017 - 11.2017
- Company Overview: Not-for-profit organization in the United States that accredits and certifies healthcare organizations and programs
- Completed month-end reconciliations of intercompany accounts across all 3 divisions in the company
- Completed month-end close by reconciling and analyzing balance sheet accounts
- Performed over 20 necessary journal entries based on review findings
- Managed general ledger accounts and allocation entries
- Executed month-end and quarter-end closing activities
- Reconciled monthly and quarterly financial statements
- Ensured proper maintenance of business licenses to mitigate tax exposure
- Executed calculation and reconciliation of sales taxes with accurate tax rates for multiple states
- Drafted Tax Letters for over 100 clients
- Processed monthly expense reports for compliance with Corporate Travel and Expenses Policy
- Participated in financial auditing tasks
Education
Master of Accounting and Financial Management - Finance
Keller Graduate School of Business, DeVry University
Naperville, ILMaster of Business Administration - Accounting
Keller Graduate School of Business, DeVry University
Naperville, ILBachelor of Science - Chemistry
Lagos State University
NigeriaSkills
- Account Reconciliation
- Accrual-Based Accounting
- Cash Flow Analysis
- Client Satisfaction Focus
- Database Administration
- Process Documentation
- Expense Tracking Proficiency
- Financial Reporting
- Fixed Asset Accounting
- SOX Compliance
- Oracle Netsuite
- GAAP Revenue
- Accounts Payable Management
- Accounts Receivable Management
- Efficient Month-End Closings
- Proficient in Excel
- Proficient in Word
- Proficient in PowerPoint
- Proficient in VLOOKUP
- Proficient in Pivot Table
- Experienced with QuickBooks Accounting Solutions
- SAP FICO
- Deltek Maconomy
- Sage Enterprise
- 1099 Pro Tax Software
- Collections
Accomplishments
- Achieved 100% result by completing client billing on time with accuracy and efficiency.
- Achieved100% through effectively helping with training employee and freelancers on submitting their expenses .
- Documented and resolved AR aging which led to about $5M increase in cash flow.
Certification
- Advanced Computer Training - SAP FICO and SAP BW, Glenview, IL
- Chicago Deming Association Six Sigma Master Program - Six Sigma Green Belt Training, Naperville, IL
- Moraine Community College - HIT Technical/ Software Support, Orland Park, IL
- Illinois Nursing Aide Certification
- Microsoft Certified - MCSE Window workstation and Server
Languages
English
Native or Bilingual
Timeline
Finance Associate
Redscout LLC (Stagwell)
05.2022 - Current
Senior Accountant (Contract)
VNA Healthcare
10.2021 - 05.2022
Senior Staff Accountant (Contract)
Oersted Onshore North America
01.2021 - 04.2021
Corporate Accounting and Reporting Financial Analyst (Contract)
MOLEX
12.2017 - 09.2018
Senior Accountant (Contract)
THE JOINT COMMISSION
03.2017 - 11.2017
Settlement Analyst
BP Products North America Inc.
05.2000 - 03.2020
Master of Accounting and Financial Management - Finance
Keller Graduate School of Business, DeVry University
Master of Business Administration - Accounting
Keller Graduate School of Business, DeVry University
Bachelor of Science - Chemistry
Lagos State University
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