Summary
Overview
Work history
Education
Skills
Accomplishments
Timeline
Generic

Olabode Olusola

Peterborough

Summary

Finance professional with expertise in IFRS, UK GAAP, tax regulations, budgeting, and financial analysis. Demonstrated success in strategic financial planning, risk management, and enhancing operational efficiency. Experienced in leading business transformation initiatives and integrating innovative technologies to improve financial systems. Proven ability to manage stakeholders, ensure regulatory compliance, and collaborate with C-suite executives to drive profitability and sustainable growth. Driven professional with solid foundation in financial analysis and problem-solving, combined with exceptional attention to detail and communication skills. Proficient in leveraging technology and data to support financial decision-making. Ready to contribute to organisational success in SAP Business Analysis role

Overview

19
19
years of professional experience
7
7
years of post-secondary education

Work history

General Practice Accountant & Tax Consultant

BodSAP Consulting Limited
Peterborough, Lincolnshire
2024.03 - Current
  • Achieved improved financial management for clients through effective advisory services.
  • Enhanced client understanding of financial impacts, resulting in informed decision-making.
  • Delivered strategic financial advice that facilitated successful business growth and restructuring.
  • Optimised business structures for clients, aligning with their financial goals.
  • Ensured compliance with financial regulations, reducing risk of penalties and fines.
  • Identified cost reduction opportunities that significantly improved profitability.
  • Conducted internal audits, resulting in enhanced transparency and accountability of financial records.
  • Maintained accurate financial reports, contributing to informed strategic planning.
  • Secured compliance with tax regulations, maximising client tax benefits and minimising liabilities.
  • Enabled efficient financial planning and budgeting for businesses, enhancing decision-making.
  • Streamlined payroll processes, ensuring timely and accurate employee payments.
  • Assisted with strategic planning efforts leading to sustained growth.
  • Led tax compliance initiatives to ensure regulatory alignment.
  • Managed financial reporting processes resulting in enhanced transparency.
  • Ensured timely invoice payments with diligent follow-ups.

Financial Analyst

Cambridge Energy UK Limited
Cambridge, Gloucestershire
2024.01 - 2024.03
  • Assisted in planning, implementing and monitoring budgets across various business locations.
  • Supported control and review of expenditure to meet financial goals.
  • Liaised with external auditors during year-end processes.
  • Processed outgoing and incoming bills to manage customer expectations.
  • Prepared audit schedules and comparatives to ensure compliance with auditing standards and SOX regulations.
  • Completed corporation tax returns (CT600) and filed company statutory accounts with Companies House.
  • Configured accounting systems and integrated supply chain management systems with ERP.
  • Monitored trend analyses to improve control and predictability of business operations.
  • Facilitated implementation of customer onboarding processes.

Project Client Funds Treasurer/Accountant

Insite Energy UK Limited
Peterborough, Peterborough
2021.11 - 2023.12
  • Developing consolidated Cash-flow accounts template and Investments portfolio templates to manage client funds, Debts and Equity.
  • Project managing templates for reconciling bank accounts, systems accounts, and clients’ funds accounts, and managing funds offset monthly for Group company and reporting to Stakeholders.
  • Responsible for making Analytical decisions to appropriate funds in correct client funds account and recommending journals to be posted to correct incorrect postings in each client funds account.
  • Responsible for Statutory Accounts, filing Corporate Tax and Indirect Tax Returns to HMRC
  • Managing due diligence, Board meetings minutes, Partner Collaboration, company secretarial matters with Companies House
  • Managing Payroll for all employees and paying appropriate taxes to HMRC, including PSA and P11D’s.
  • Managing staff reporting on regular basis for Monthly balance sheet reconciliation and consolidation
  • Forecast and modelling of Profit and loss account for Business plan, cash flow forecast and balance sheet.
  • Managing internal controls and Implementation of process improvement for Group company
  • Implementation of Group financial and statutory accounts reporting systems for IFRS 15, IFRS 16, IFRS 9
  • Integration of Group VAT returns platform to Quick-Books for Making Tax Digital
  • Outcome: Successfully Completed process implementation for customer on-boarding.
  • Streamlined financial operations by implementing new treasury management software.
  • Spearheaded process improvements in accounts payable and receivable functions; resulted in enhanced efficiency.
  • Developed robust financial models, improved budgeting accuracy.
  • Facilitated training sessions for junior finance staff-elevated overall team competency.
  • Negotiated beneficial agreements with creditors, reduced borrowing costs significantly.
  • Collaborated closely with internal audit team to maintain stringent controls over treasury functions.
  • Delivered accurate monthly and annual financial reports for board's review.
  • Handled critical ad-hoc projects assigned by CFO; successfully met deadlines under pressure.
  • Enhanced liquidity risk management with thorough cash flow monitoring.
  • Optimised capital structure by strategically managing debt and equity financing options.
  • Ensured compliance with statutory regulations, minimised exposure to financial penalties.
  • Managed banking relationships to secure favourable terms for loans and credit facilities.
  • Monitored currency exchange rates for informed decision making in foreign transactions.
  • Conducted comprehensive risk assessments for secure financial planning.
  • Overhauled investment strategies to ensure optimal returns on company funds.
  • Assisted in merger and acquisition activities, ensured smooth financial transition.
  • Aligned business objectives with suitable investment opportunities for maximum profitability.
  • Tracked macroeconomic trends affecting industry performance, adjusted strategies accordingly.
  • Navigated complex tax matters efficiently, limited potential liabilities.
  • Implemented strategic fiscal plans with focus on sustainability and growth.
  • Kept accurate, up-to-date accounting records for reliable financial reference.
  • Prepared and submitted budgets and financial statements to management.
  • Oversaw receipt and banking information to protect company funds.
  • Maintained physical documentation and safeguarded confidential data.
  • Presented financial reports and dashboards for budget analyses.
  • Formatted reports to improve ease of access and clarity of information.
  • Delivered financial reports within strict deadlines to enable progress and performance monitoring.
  • Documented and facilitated incoming and outgoing funds.
  • Evaluated resource use to achieve company finance objectives.
  • Executed legislative and financial policies to control treasury activities of company.
  • Managed third-party financial activities to support business stability.
  • Established beneficial professional networks and partnerships to gain insight and campaign support resulting in long-term business relationships.
  • Approved annual budgets and monitored progress against them.
  • Assessed and confirmed suitability of investment channels to maximise company funds.
  • Supported trustees in achieving sound financial decision making, aligned with business aims.
  • Supplied funding bodies with appropriate account documentation, securing future investment.
  • Outsourced treasury functions to reduce operating expenses.
  • Verified company compliance with financial legislation and regulations
  • Reviewed business' financial health and made recommendations to limit risk.
  • Produced annual accounts to improve financial strategy and forecasting.
  • Advised trustees on best practices, controls and processes to achieve financial aims.
  • Coordinated financial audits to identify risk and highlight opportunities.
  • Forecasted borrowing needs of company to plan accordingly.
  • Appointed auditing teams to deliver high-quality financial assessments.
  • Improved financial viability through performance analyses and strategic recommendations.

Case Manager (FTC)

Department for Work and Pensions, Kent
Sittingbourne, Kent
2020.06 - 2021.11
  • Assisted customers with claims and gathered necessary evidence for universal credit assessments.
  • Handled customer inquiries and facilitated dispute resolutions with HMRC regarding real-time earnings and DWP UC systems.
  • Managed eligibility criteria and processed customer payment decisions.
  • Approved financial advances for customers and calculated housing payments.
  • Coordinated alternative financial arrangements for third-party deductions on behalf of customers.
  • Verified childcare costs and executed related payments.
  • Reviewed capital accounts and sanctioned hardship payments.
  • Liaised effectively with other professionals such as doctors, nurses and therapists in order to provide coordinated service delivery.

Senior Financial Business Analyst (Financial & Tax Reporting), FICO Consulting

Kimberly Clark Corporation
Chartham, Kent
2018.04 - 2020.05
  • Successfully managed E-Invoicing, e-tax project system for Real Time transmission of Invoices to Government Portal for EMEA Business.
  • Liaising with Business units, audit team and accounting teams to gather Business requirements for Finance reporting and tax transformation project for group company. In this project, managed 5 project finance transformation activities from preparation stage through to Go live and support.
  • Implemented E-tax process reporting system which helped to reduce compliance process timeline by 5 days ahead of schedule.
  • Demonstrated strong commitment to deadlines and worked extra hours to achieve project completion deadlines.
  • Tax Compliance
  • Streamlined Indirect tax compliance business process and Configured Enhancement program to SAP to manage Real time invoice transmission to Government portal.
  • Conducting project preparation task on Making Tax Digital (MTD) for UK business.
  • Leading and managing preparation of annual accounts and filing statutory accounts with Companies House and HMRC.
  • Tax/Finance Technology
  • Responsible for SAP project upgrade, Enhancement, configuration, FX Customization and determining required settings for tax data (VAT/WHT configuration) with respect to Vendors and Customers (Purchase to Pay P2P, Order to Cash, OTC, Record to Receipt, R2R) for all UK and EMEA entities.
  • Working with SAP Consultants, tax, Finance team and process owners to develop business cases and scope for new projects Enhancements for tax department.
  • Designing Business Architecture, Business process mapping and Data flow diagram.
  • Writing test plans and strategies, conducting UAT, API, Integration, and system testing.
  • Managing Data Migration activities for Vendors. (ETL)
  • Track progress of implementation of business tax requirements and report to management team.
  • Set up SAP special purpose tax ledgers, maintain tax accounting ledger, and business structure for UK and EMEA entities. This helped company to improve its tax functionality and quality of data for its tax reporting.
  • Creating Job Variants and Scheduling background jobs (SE38, SM36) for Automation.
  • Advisory work
  • Responsible for financial modelling, preparing valuation on cost-base benefit analysis for new projects with aim of selecting best vendor to provide solutions as per business and stakeholder requirements.
  • Responsible for setting up SAP e-tax system, writing manual guide and managing SAP enhancement for EMEA business.
  • Identified potential investment opportunities leading to revenue growth.
  • Conducted comprehensive data analysis, aiding decision-making process.
  • Created compelling business cases for new initiatives resulting in business expansion.
  • Managed cross-functional teams for efficient project delivery.
  • Implemented risk management protocols safeguarding company assets.
  • Utilised statistical software for accurate financial planning and projections.
  • Assisted executive management in formulating fiscal policies based on rigorous market research and trend analysis.
  • Evaluated existing accounting systems for optimisation opportunities, enhancing productivity levels across board.
  • Led financial audits to maintain transparency and accountability in operations.
  • Collaborated with stakeholders to deliver on financial objectives.
  • Analysed financial trends to improve company strategy.
  • Prepared monthly, quarterly, and annual financial reports ensuring regulatory compliance.
  • Liaised with internal departments, ensuring alignment of business goals with financial strategies.
  • Developed and implemented detailed financial models for business forecasting.
  • Streamlined reporting processes, improving accessibility of key metrics.
  • Improved budget allocation with in-depth cost analysis studies.
  • Maintained up-to-date knowledge of industry regulations ensuring ongoing organisational compliance.
  • Provided training to junior analysts, increasing departmental efficiency.
  • Optimised resource allocation and improved overall performance through strategic planning activities.
  • Enhanced profitability by reducing operational inefficiencies.
  • Documented workflow charts, records and job descriptions to guide overall organisational improvements.
  • Communicated with staff at all organisational levels to assess current systems.

Finance Business Tax Analyst, FICO Consulting

Canadian Solar Incorporation, UK
London, England
2008.10 - 2018.03
  • Interviewed subject matter Expert on requirements that could enhance document production when foreign transactions are triggered.
  • Creating E-Invoicing, designing, and aligning Dynamic e-invoicing template.
  • Participated in design of TO-BE Solution Architecture of target SDLC application implementation.
  • Developed functional specifications and change request for Double Taxation relief template and Foreign Tax Credit.
  • Completion of Corporate tax Returns, Joint Amended Returns (JAR) and responding to HMRC enquiries.
  • Involved in designing business requirement collection based on project scope and PDLC methodology.
  • Coordinated and prioritized outstanding risks and enhancement requests based on business requirements and allowing sufficient time frame to ensure accuracy of system data collection.
  • Standardized SAP FSV manual, REFX module tables and standard templates for business reporting.
  • Reviewed and certified official financial statements for presentation to shareholders and governing bodies.
  • Prepared detailed models, reports and charts highlighting complex financial information.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Assisted with developing and ongoing control of costing and pricing systems for business goods.
  • Responsible for reviewing business contracts between BH and stakeholders.
  • Involved in cutover, SAP data migration for Mergers and Acquisition contracts.
  • Conducted walkthroughs with business areas and QA team and reviewed testing strategies, ensuring that model gathers and captures relevant data needed to compute DTR.
  • Conducted regular reviews of company's financial records to identify potential tax liabilities or credits.
  • Simplified complicated fiscal reports using plain language, helping non-financial staff understand key issues at stake.

Senior Project Tax Accountant

Sony United Kingdom Limited
Weybridge, Surrey
2007.01 - 2008.09
  • Implemented business process requirements, mapping GL codes of SAP to Hyperion Financial Management, ABACUS and prepared Financial Statements, completion of Joint Amended Returns (JAR) and Corporate Tax Returns under IFRS and UK-GAAP.
  • Preparation of Corporation Tax returns CT600 and filing of Company Statutory Accounts with Companies House and preparation of Consolidated VAT returns
  • Established Control Systems for Treasury Management for Sony UK Business.
  • Established system management procedures for capturing subcontractor bills in SAP reporting.
  • Creating E-Invoicing, designing, and aligning Dynamic e-invoicing template.
  • Initiated document-um procedures for management of contractor invoices for SONY.
  • Coordinated and mapped Construction Industry Subcontractors returns legacy system to SAP system.
  • Prepared mapping procedures for data capture in oracle financials for external Financial Reporting, Completion of Joint Amended Returns (JAR) and Tax reporting
  • Developed and standardized Transfer pricing template for UK business and EMEA.
  • Assisting in analysis of proposed business changes and drafting business proposals.
  • Advising internal management of business change and monitoring effectiveness of proposed system.
  • Worked with development team in maintaining, documenting system errors, and proposing solutions to problem areas.
  • Creating E-Invoicing, designing, and aligning Dynamic e-invoicing template and carried out operational risk assessment, Technology Impact Assessment on Finance, and technology functions.
  • Identified potential tax credits and liabilities through meticulous examination of financial records.
  • Provided support during HMRC inspections by preparing necessary documentation.
  • Kept abreast with changes in VAT regulations to provide up-to-date advice to clients.
  • Conducted thorough research on latest tax legislation, staying updated with changes.
  • Provided advice on tax planning strategies for clients, aiding in financial decision-making.
  • Analysed financial statements for accurate calculation of taxable income.
  • Assisted clients with self-assessment returns, simplifying complex process.
  • Managed complex tax audits by applying in-depth knowledge of UK taxation laws.

Education

Master of Science - Accountancy

Association of Chartered Certified Accountants UK
London
1997.01 - 2002.01

Bachelor of Science - Business and Finance

South Thames College Wandsworth
London
1993.01 - 1995.01

Associate of Applied Science - SAP

Global Certification UK
London
2014.01 - 2014.01

Skills

  • Financial Acumen: Strong understanding of IFRS UK GAAP, tax regulations, budgeting, forecasting, financial analysis, Statutory Accounts, Financial Reporting, Revenue Recognition and internal controls
  • Project Management: Skilled in project planning, execution, change management, and stakeholder engagement
  • Leadership: Proven ability to lead and mentor teams, manage expectations, and deliver projects on time and within budget
  • Strategic Financial Planning: Expertise in long-term financial strategy development, aligning business objectives with robust financial planning to maximize profitability and efficiency
  • Risk Management: Advanced skills in identifying, assessing, and mitigating financial risks, ensuring regulatory compliance, and safeguarding organizational assets
  • Operational Efficiency: Demonstrated success in streamlining processes, improving operational workflows, and implementing cost-saving initiatives that drive sustainable growth
  • Business Transformation: Strong track-record of leading business transformation initiatives, integrating innovative technologies to improve financial systems and enhance overall business performance
  • Stakeholder Management: Proficient in building and maintaining relationships with senior leadership, external partners, and regulatory bodies, ensuring effective communication and alignment with business goals
  • Financial Systems Integration: Deep experience in overseeing integration of financial systems, leveraging technology to enhance accuracy, reporting speed, and decision-making capabilities
  • C-Suite Collaboration: Adept at working with C-suite executives to develop actionable insights, provide strategic advice, and support high-level decision-making
  • Cost Control & Profit Maximization: Expertise in cost control strategies, margin analysis, and profitability enhancement to drive financial performance and operational success
  • Regulatory Compliance & Governance: In-depth knowledge of international financial regulations and governance frameworks, ensuring full compliance and mitigating potential risks
  • Training & Development: Proven record to design and deliver training programs that enhance team capabilities and foster professional growth within finance function

Accomplishments

  • Liaised with the Business units, the audit team and accounting teams to organize year-end site visits, reporting deadlines and managing efficiently the provision of information for 50 entities.
  • Implemented a tax process reporting system which helped to reduce compliance process timeline by 2days ahead of schedule.
  • Managed the end 2 end accounting process and systems enhancement.
  • I participated in a tax technology implementation project which helped the company to recover £10m in VAT.

Timeline

General Practice Accountant & Tax Consultant

BodSAP Consulting Limited
2024.03 - Current

Financial Analyst

Cambridge Energy UK Limited
2024.01 - 2024.03

Project Client Funds Treasurer/Accountant

Insite Energy UK Limited
2021.11 - 2023.12

Case Manager (FTC)

Department for Work and Pensions, Kent
2020.06 - 2021.11

Senior Financial Business Analyst (Financial & Tax Reporting), FICO Consulting

Kimberly Clark Corporation
2018.04 - 2020.05

Associate of Applied Science - SAP

Global Certification UK
2014.01 - 2014.01

Finance Business Tax Analyst, FICO Consulting

Canadian Solar Incorporation, UK
2008.10 - 2018.03

Senior Project Tax Accountant

Sony United Kingdom Limited
2007.01 - 2008.09

Master of Science - Accountancy

Association of Chartered Certified Accountants UK
1997.01 - 2002.01

Bachelor of Science - Business and Finance

South Thames College Wandsworth
1993.01 - 1995.01
Olabode Olusola