Olumide A.

WAEC Accounting Tutor

Home tutor in Kosofe, Lagos

Reserve your spot with Olumide A.


Lesson

Subjects Olumide A. teaches

About

I am a chartered certified member of the Association of Chartered Certified Accountants (ACCA) and a graduate of Accounting from the University of Ilorin.

My teaching experience spans over decades and include recorded teaching experience as a youth corp member and years of undocumented experience guiding international masters students in accounting modules with testimonials to support this claim.

I am passionate about imparting knowledge and I perform this methodically in a way that gives my students a pictorial memory of the experience, thus aiding in knowledge retention.

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Education

  • Finance

    Feb 2007 - May 2017

    Association of Certified Chartered Accountants

  • B.Sc Accountancy

    Apr 1999 - Feb 2003

    University of Ilorin

Experience

  • Youth Corp Member

    Sep 2003 - Aug 2004

    Veden Comprehensive Secondary Schools

    I taught senior secondary students Commerce and Economics. This included setting examination questions and continuous assessment questions, marking the scripts and recording the results for each student, for each subject.

  • Finance Manager

    Jan 2018 - Present

    Motorman Nigeria Limited

    As the Finance Manager in Motorman Nigeria Limited, a fleet maintenance company with interest in all forms of maintenance of all vehicle brands and fleet sizes, I: • Account for the organisation’s transactions in monthly and annual financial statements and from analysis make recommendations to management • Keep costs within set limits by routinely reviewing actual costs against budget and promptly escalating areas of cost overrun • Ensure liquidity through sound working capital management and proper timing of payables and receivables • Facilitate new investments by developing business plans and financial projections for new investments • Develop, review and update credit and relevant manuals, policies and procedures for risk and compliance management and design operational process flows • Prevent credit loss through proper analysis, management and control of credit transactions • Provide timely and useful information in monthly management reports • Prepare monthly bank reconciliation statements • Reconcile inter-company transactions • Prepare and review annual budget • Create interface & co-ordination to ensure compliance to policies, process and procedures for the Company • Ensure that processes and procedures in place are designed and work as per the standards, and can efficiently support functional/business objectives • Ensure the implementation of all compliance policies and procedures at all levels.

  • Senior Accountant

    Apr 2011 - Dec 2017

    National Open University of Nigeria

    As a Senior Accountant in NOUN, a government-funded university with about 98 campuses in Nigeria and an annual revenue estimated at NGN50 Billion, I: • Analysed and reported the monthly activities and balances of the organisation’s collection accounts • Analysed the different components of revenue generated and measured against projections to determine variances and investigate causes • Resolved complaints from internal and external clients • Prepared and endorsed payment vouchers • Prepared Cash Book • Prepared monthly Bank Reconciliation Statement • Prepared annual budget, annual reports and stock taking • Worked with external auditors on periodic assignments.

  • Internal/Credit Controller

    May 2010 - Sep 2010

    Creditplus Microfinance Bank

    As the Internal/Credit Controller at Creditplus MFB, I: • Set up the credit control policies and framework • Conducted Know-Your-Customer exercise on the bank’s customers • Analysed and appraised credit requests to ensure only eligible applications were processed • Reviewed credit applications documentation for completion • Wrote Credit Appraisal Memorandum and Loan Instruction Memorandum • Verified credit applicants’ and their guarantors’ addresses as part of credit risk management activities • Verified acceptability, suitability and adequacy of pledged securities before disbursement to customers • Monitored credit performance and recovered sticky credits • Periodically reviewed and updated the credit framework in line with developments in the macro economy • Periodically monitored the risk assets portfolio • Released pledged security documents to customers upon expiration of credit facilities • Daily called transactions over to confirm accuracy and completeness.

  • Credit Risk Officer

    Jul 2006 - Dec 2009

    Ecobank Nigeria PLC (formerly Oceanic Bank PLC)

    As a Credit Risk Officer at Ecobank, a NGN1.32 Trillion global financial organization with presence in Africa, Asia and Europe, I: • Prepared and submitted within deadlines quarterly reports on Insider Related transactions and monthly reports on Related Party credits in compliance with IAS 24, Related Party Transactions to the Central Bank • Monitored and reported weekly the account balances and performance of high-risk assets, particularly loans to customers in the Oil and Gas sector • Prepared ad-hoc reports as requested by the Central Bank and Management. • Reviewed and appraised loan requests using the bank’s framework, for completeness of documentation and eligibility of applicants • Wrote Credit Appraisal Form • Generated disbursement instructions for approved requests • Handled post-disbursement activities such as release of financed asset, appropriate transfer of funds to parties involved, etc. • Developed and marketed the bank’s retail products.

  • Accounting Officer

    Jun 2005 - Jun 2006

    Capital Trust Brokers Limited

    As an Accounting Officer at CTB, a multi-million Naira stockbroking company with interests in investment advisory, stock market instruments and portfolio management, I: • Prepared and submitted within deadlines monthly cash flow statement, income statement and statement of financial position • Prepared monthly Bank Reconciliation Statements • Prepared ledgers and journal accounts • Managed the fixed assets register.