Olawunmi Olaniyi_resume_R1
- 1. OL A N I Y I O. OL A W U N M I C F E , A C A . 5563 Plantation Forest Drive, Katy ~ TX 77449 ~ 347-583-3159 ~ [email protected] PROFESSIONAL PROFILE/EXPERIENCE My current responsibilities include planning, interviewing, preparing and reporting on various income tax returns. My previous responsibilitieshave includedplanning, conducting and reporting on various audit engagements. I have over twelve years of audit and accounting experience spanning various sectors including governmental, banking and commercial. I have relevantexperience in financial, operational andcompliance audits. I have planned, conducted and reported on various audit engagements in accordance with International Financial Reporting Standard (IFRS), Generally Accepted Auditing Standards (GAAS), Government Auditing Standards, and Single Audit Act. I also provide on the job training and guidance to audit staff members CORE COMPETENCIES Auditing & Internal Controls AccountReconciliation Risk Management Accounting Fraud Investigation Credit Controls Financial Reporting Budgeting & Forecasting Administration PROFESSIONAL EXPERIENCE Liberty Tax Services|10804 South Post Oak Road, Houston, Tx. 77035|. Dec. 2014 – Till Date Tax Preparer • Prepare or assist in preparing simple to complex tax returns for individualsor small businesses. Use all appropriate adjustments, deductions, andcredits to keep clients' taxes to a minimum. • Interview clientsto obtain additional information on taxable income anddeductible expensesandallowances. • Review financial recordssuchasincome statements and documentation of expendituresto determine forms neededto prepare tax returns. • Furnishtaxpayerswith sufficientinformationandadvice to ensure correcttax form completion. • Consult tax law handbooks or bulletins to determine proceduresfor preparation of atypical returns. • Calculate formpreparation feesaccording to return complexity andprocessing time required. • Check data inputor verify totals on forms prepared by others to detect errors in arithmetic, data entry, or procedures. Logic Professional Services-Public Accounting Firm| Suite 3,5th Floor Oshopey Plaza, Allen Avenue, Ikeja Lagos, Nigeria|. 02/2012 to 11/2014 Senior Audit Supervisor As a Senior Audit Supervisor, I oversee various client engagements ranging from NGN 5b to NGN 20b in total assets. These engagements account for 12% of the firm’s total revenues. Managed on average a team of 7 auditors involved on various multiple engagements simultaneously. Assessed and evaluated the design and implementation of entity-wide, and unit/business internal control over financial reporting in order to determine risk. Worked with various client management in implementing solutions that reduce risks, assure compliance and provide for continuous optimization of their business operations. Engagement includes: Assumes full responsibility for preparation of compiled and reviewed financial statements as part of attestation engagements. Drafts annual audited financial statements including footnote disclosures. Research and analyze financial statements and utilize audit software to review and compile financial information. Interact with key client management to gather information, resolve audit related issues and make recommendations for business and process improvements. Developed audit programs designed to ascertain the reliability of financial information, effectiveness of internal controls, efficiency of operations and compliance with established policies and procedures at various company locations. Manage the performance of audit procedures, including identification and documentation of issues, reviewing and analyzing evidence, and documenting client processes and procedures. Identify areas of internal control weaknesses and provide recommendations for improvements. Perform test of control, document findings and gather supporting information as well as assist clients to develop policies and procedures as it relates to controls, defining gaps and providing action plans to remediate gaps
- 2. O L A N I Y I O O L A W U N M I P A G E 2 Intercontinental Bank Plc.|Head Office, 999c Danmole Victoria Island Nigeria|. 09/2004 to 01/2012. Hired as a Banking Officer (Internal Audit) in 2004, andwas promoted Assistant Manager in 2010. As manager, I oversee variou s BranchAudit engagementsbased on the risk profile and rating of the branches. My team engagement is focused on Branches with Deposit base of N5b to N50b. Managed on average a team of 5 auditors. Review the design and implementation of ERM, unit/business internal control over financial reporting in order to determine risk. Assist /Worked with regional & branch management team in implementing solutions that reduce risks, assure compliance and provide for continuous optimization of the bank business operations. Review and ensure compliance with the regulatory authority regulations, procedure, directive and best practice. Departments and units work for the period. Internal Audit unit Account and reconciliation unit Fraud & Investigation Unit Credit risk management and operations unit • Engaged in quarterly review and audit exercises at various units and branches. Co-ordinate both internal and external audit exercises • Spear headed the implementation of standards and procedures to ensure adherence to bank’s policies. • Audited varioustransaction cycle whichincludescash, customer service ,treasury operation, procurement, General Ledger and balance sheet items • Conduct investigation on alleged or suspected fraudulent activities via forensic audit. • Identified and communicated accounting and auditing issues to Head of Audi t. • Develop draft auditreports by identifying andgathering support for potential issues and recommending value-added solution. • Assist withdeveloping andcommunication risk-based audit plans based on in-depth business knowledge created in conjunction with senior management. • Responsible for monitoring, following-up, and reporting on the status of implementation of recommendations resulting from audits conducted. • Audit employees expense report for accuracy, verification, and reconciliation with supporting documents • Performed various AP reconciliations and analysis, and presented summary reports to management team • Monitored departmental/ Business Units (BU) budgets, and co-ordinate inter-departmental meetings. Early Career: Banking Officer – Internal Audit & Specific Review – Metropolitan Bank Limited, Lagos, Nigeria Financial Accountant – WBF Investments Limited, Lagos, Nigeria Staff Audit – Segun Odufuwa & Co (Public AccountingFirm), Lagos, Nigeria Education & Certifications. • CFE – Association of Certified Fraud Examiners, Austin Texas. - 2004 • ACA- Chartered Accountant, Institute of Chartered Accountants of Nigeria - 2000 Passed all sections of the Institute Professional Exams Stage I & II at first attempts • BSc in Accountancy – Ogun State Polytechnic, Ogun State, Nigeria - 1997 TECHNICAL SKILLS • Good Knowledge of MS Office, QuickBooks, Peachtree, Flexcube Accounting Software, SAP, • Good knowledge of IFRS, GAAP and GAAS • Good knowledge of Banking operation and bank operating softwares. PROFESSIONAL MEMBERSHIP & AFFILIATIONS: • Member, Association of Certified Fraud Examiners, Austin, Texas. • Member, Institute of Chartered Accountant of N igeria • Member, Financial Reporting Council of Nigeria CIVIC DUTY/ VOLUNTEER WORK. • SECRETARY, ST, PATRICK’S CATHOLIC CHURCH HARVEST COMMITTEE.