Omobolaji.e Adeniyi

FAQ About Omobolaji.e Adeniyi

• What is Omobolaji.e Adeniyi's address?

  Omobolaji.e Adeniyi is located at
  Reading, Reading, United Kingdom

• What is Omobolaji.e Adeniyi's job title?

  Omobolaji.e Adeniyi is a
  • Prepared monthly balance sheets, income statements, and detailed cost and inventory data and variance Reports for submission to management for this global trading company • Maintained general ledger and prepared reports on bank transactions, including letters of credit • Reconciling petty cash. • Monthly / quarterly management accounts preparation. • Assisting internal/external auditors with queries. • Chasing outstanding customer accounts. Day-to-day book-keeping and reconciliation of cash balances on firm records against bank statements • Rapidly advanced from Account executive to Account manager in recognition of quality, dedication and commitment to client success. • Contributed to the rapid business growth of up to 16% through innovation of highly effective advertising strategies. • Working closely with both the Managing Director and Executive Director to prospect, pitch & close new business. • Organising weekly team meetings with staff, directors and senior managers. • Responsible for managing payroll, including computation/deduction of applicable taxes • Responsible for the preparation of quarterly income statements and balance sheets • Regularly prepared and presented financial health reports to company senior management • Addressed client concerns and ensure the resolution of issues in a timely manner. • Managed dialogue with bankers to source Letters of Credit to fund supplies. • Engaged with foreign paper mills to negotiate new/existing financial arrangements. • Involved in on-boarding discussions with new clients to agree mutually-beneficial payment arrangements. • Day-to-day book-keeping for 5 outlets in the south-western region. This involved recording income & expenditure, and stock balances. Developed expertise with “DacEasy” by SAGE(a sophisticated third-party accounting software used by the firm) • Involved in the preparation of monthly and quarterly bank reconciliation statements for shareholders and Audit and managed payment processing for all suppliers and shareholders and managed an unlimited number of properties, track buildings & units, tenant rent rolls, charges, contacts, vendors & teletype and inputted the data into a sophisticated software called a “Landlord’s Report” for effective ease & usefulness in Domino Stores and Properties. • Responsible for effecting foreign exchange transactions (via domiciliary accounts) to facilitate trade with foreign suppliers and wholesale customers.Key representative for the German units in the European Shared Service Centre for 3M and responding to issues and questions raised by client countries. Preparation of monthly financial accounting data via SAP and PeopleSoft on behalf of Germany including calculating and processing accruals, prepayments and other entries as required. Completion of month end accounting processes in line with the corporate timetable in accordance to US GAAP, analysing and reviewing reports explaining any significant movement before the data is transmitted to 3M headquarters in St Paul USA. Identifying and reporting on any trends and variances and raising queries with the locals and making commentary for management analysis. Calculation and verification of accruals, including Goods Received Not Invoiced (GRNI), Goods in Transit and Non-Working Inventory. •Reconciliation of Interco payables, loan advances and inventory clearing accounts including invoice entry, statement reconciliations and monthly payment cycles. Transition from Legacy system PeopleSoft to SAP and updating process notes for SOP testing and SOX testing thereby enabling process improvements. Assisting with resolution of audit queries i.e. directly dealing with PWC via other entities within the business for any required documentation. •Prepare validation process via SAP to make sure that the Profit & loss & the Balance sheet balances for the period in PeopleSoft reconciles with balances booked in SAP for Germany. Prepare SAP and PeopleSoft reports for Balance sheet reconciliations into the RAR database and Intercompany Payables for the period in view.• Assist with preparing UK central divisions monthly accounts, budgets and forecasts • Assist with preparing the MSE Technology and GTS monthly accounts • Assist in preparation of financial presentations of MSE Central Functions for forecasts, budgets and mid-term-plans as required • Assistance in maintenance of UK fixed asset register • Produce detailed account analysis • Assist with monthly variance analyses and MSE Group Commentary • Setting up of Oracle codes and combinations • Provision of codes for invoices to central staff. • Involve in implementation project; including blueprint preparation, configuration, testing, end-user training and go-live phases • Interaction with client for requirements gathering and analysis. Review and update the functional design documents for FI/CO developments • Migrate data from legacy systems into SAP successfully using LSMW tool • Responsible for Configurations in Assets like, Copying reference Chart of Depreciation, made required settings for account determination, asset classes, screen layout rules, defining number ranges, valuation of assets in different depreciation areas, external asset acquisition, in-house asset acquisition, cross company code transfers, settings for depreciation runs, Asset Explorer. • Preparation of authorisation test scripts. • Unit testing and authorisation testing in liaison with SD, MM, PP and other consultants. • Test incidence resolution in FI/CO application areas. • Configure the settings in G/L area, such as creating G/L master data, cross-company code transactions, and open item clearing. • Preparation of Business Processes Requirements Analysis and User Requirement Specifications. Expertise in centralisation of accounting subsidiary functions e.g. merger between John Lewis and Waitrose as a single, unified Finance function Strong accounting staff management skills Effective stakeholder statutory and management reporting e.g. Partnership Bonus reports, Insurance reports, Debtors and creditors gift card vouchers and redemptions, Intercompany Movements etc. Strong support for compliance of SOX testing and other regulatory requirements in the new General Accounting Team. Seek and implement efficiencies in financial data flow to result in efficient and timely reporting /analysis. Specialist in financial reporting by division, department and job centres. Strong in logistics and supply chain analysis and control accounting. Part of the implementation team that introduced Blackline training into the partnership.Contract management: Modelled based on financial modelling and cost verification of service level contracts/agreement e.g. payroll, baseline, savings, and transition costs for expansion sites for Honeywell. Produced EMEA budgeting and forecasting reporting and timely billings across CBRE and Honeywell e.g. Saudi Arabia, Dubai, Netherland, Spain, Germany etc. Ensuring full audit trail of all financial transactions including SOX compliance requirements. Completing monthly reconciliations and to provide Monthly Financial Planning and Reporting analysis, reconciliation of costs against budget and analysis of accruals. Review open Purchase Orders and Pro-active process, workflow improvements. Responsible in completion of Direct and Indirect taxation Lead to Optimise Company cash flow & ensuring credit control to ensure targets are met.Performed payment Administration and Approval – responsible for accurate calculation of amounts due to customers in line with terms contracts. Developed Reporting, control, and data management – responsible for accurate recording of Terms payments in the monthly books, and management of Terms data in our business data warehouse for both Walkers and Juice Business Units Terms accrual management – To process financial management of Terms accruals recorded in the books both for agreements that are current, and those that have been concluded, highlighting over or under-accrual Terms Agreements – responsible for stewarding sign-off of annual terms contracts with customers i.e Waitrose, Asda, Sainsbury, Tesco, Brakes etc. To perform the review of Premier’s Global Fixed Asset Register, ensuring all assets are recognizable and are in line with Premier policy, working with IT department and Senior Management. Additionally, to adjust the asset register as required and ensure reconciliations are accurate and complete. Complete the BTA reconciliations (This is a travel expense reconciliation where employees need to submit travel expenses to clear). Work with the treasury department and systems department on the monthly inter-company process of Direct Hours. Production of journals, reconciliations, and variance analysis. Perform financial calculations to support financial transactions relating to cash, pre-payments, accruals, fixed assets, costs as required. •Support Finance Manager and Director, Finance for central tasks when applicable. .Key member of transition team to move transactional activities from Pinewood to the shared services team in Prague. Involved in handover of tasks to the Prague team while ensuring all regular tasks are completed normally. • Use of SAP systems to Support the Control Accounts across UK and Ireland. • Close involvement with the Financial Reporting & planning Accounting teams and shared service center in Prague using Ariba. • Accruals and prepayments of BSD charge out, Occupancy Journals and Facilities accruals. • Bank reconciliation and creating bank journals. • Prepare reports for management information e.g. Publication of Ariba Approval Matrix, Batch Payment File Register, Bankline payments. • Prepare accounts to Trial Balance and assist with preparation of draft accounts • Balance sheet reconciliations using Blackline • Be a Key resource on a number of projects as required by being customer focused to ensure strong partnerships are built. • Responsible for the foreign VAT recovery process and balance sheet accounts managements liaising as required with Meridian. Involved in documenting Standard Operating procedure and SOX testing for internal audit and compliance purposes. • Liaising with senior managers for payment approvals. • Stock and Inventory management. Responsible for reconciling the monthly inventory report, partaking in physical count of stock during quarter close, booking the credit notes received with the accurate nominal, creating journal entries and then reconciling the items during quarter end. John Lewis Partnership

• What industry does Omobolaji.e Adeniyi currently work in?

  Omobolaji.e Adeniyi currently works in the
  John Lewis Partnership

• What is Omobolaji.e Adeniyi's area of expertise?

  Omobolaji.e Adeniyi specializes in
  • Prepared monthly balance sheets, income statements, and detailed cost and inventory data and variance Reports for submission to management for this global trading company • Maintained general ledger and prepared reports on bank transactions, including letters of credit • Reconciling petty cash. • Monthly / quarterly management accounts preparation. • Assisting internal/external auditors with queries. • Chasing outstanding customer accounts. Day-to-day book-keeping and reconciliation of cash balances on firm records against bank statements • Rapidly advanced from Account executive to Account manager in recognition of quality, dedication and commitment to client success. • Contributed to the rapid business growth of up to 16% through innovation of highly effective advertising strategies. • Working closely with both the Managing Director and Executive Director to prospect, pitch & close new business. • Organising weekly team meetings with staff, directors and senior managers. • Responsible for managing payroll, including computation/deduction of applicable taxes • Responsible for the preparation of quarterly income statements and balance sheets • Regularly prepared and presented financial health reports to company senior management • Addressed client concerns and ensure the resolution of issues in a timely manner. • Managed dialogue with bankers to source Letters of Credit to fund supplies. • Engaged with foreign paper mills to negotiate new/existing financial arrangements. • Involved in on-boarding discussions with new clients to agree mutually-beneficial payment arrangements. • Day-to-day book-keeping for 5 outlets in the south-western region. This involved recording income & expenditure, and stock balances. Developed expertise with “DacEasy” by SAGE(a sophisticated third-party accounting software used by the firm) • Involved in the preparation of monthly and quarterly bank reconciliation statements for shareholders and Audit and managed payment processing for all suppliers and shareholders and managed an unlimited number of properties, track buildings & units, tenant rent rolls, charges, contacts, vendors & teletype and inputted the data into a sophisticated software called a “Landlord’s Report” for effective ease & usefulness in Domino Stores and Properties. • Responsible for effecting foreign exchange transactions (via domiciliary accounts) to facilitate trade with foreign suppliers and wholesale customers.Key representative for the German units in the European Shared Service Centre for 3M and responding to issues and questions raised by client countries. Preparation of monthly financial accounting data via SAP and PeopleSoft on behalf of Germany including calculating and processing accruals, prepayments and other entries as required. Completion of month end accounting processes in line with the corporate timetable in accordance to US GAAP, analysing and reviewing reports explaining any significant movement before the data is transmitted to 3M headquarters in St Paul USA. Identifying and reporting on any trends and variances and raising queries with the locals and making commentary for management analysis. Calculation and verification of accruals, including Goods Received Not Invoiced (GRNI), Goods in Transit and Non-Working Inventory. •Reconciliation of Interco payables, loan advances and inventory clearing accounts including invoice entry, statement reconciliations and monthly payment cycles. Transition from Legacy system PeopleSoft to SAP and updating process notes for SOP testing and SOX testing thereby enabling process improvements. Assisting with resolution of audit queries i.e. directly dealing with PWC via other entities within the business for any required documentation. •Prepare validation process via SAP to make sure that the Profit & loss & the Balance sheet balances for the period in PeopleSoft reconciles with balances booked in SAP for Germany. Prepare SAP and PeopleSoft reports for Balance sheet reconciliations into the RAR database and Intercompany Payables for the period in view.• Assist with preparing UK central divisions monthly accounts, budgets and forecasts • Assist with preparing the MSE Technology and GTS monthly accounts • Assist in preparation of financial presentations of MSE Central Functions for forecasts, budgets and mid-term-plans as required • Assistance in maintenance of UK fixed asset register • Produce detailed account analysis • Assist with monthly variance analyses and MSE Group Commentary • Setting up of Oracle codes and combinations • Provision of codes for invoices to central staff. • Involve in implementation project; including blueprint preparation, configuration, testing, end-user training and go-live phases • Interaction with client for requirements gathering and analysis. Review and update the functional design documents for FI/CO developments • Migrate data from legacy systems into SAP successfully using LSMW tool • Responsible for Configurations in Assets like, Copying reference Chart of Depreciation, made required settings for account determination, asset classes, screen layout rules, defining number ranges, valuation of assets in different depreciation areas, external asset acquisition, in-house asset acquisition, cross company code transfers, settings for depreciation runs, Asset Explorer. • Preparation of authorisation test scripts. • Unit testing and authorisation testing in liaison with SD, MM, PP and other consultants. • Test incidence resolution in FI/CO application areas. • Configure the settings in G/L area, such as creating G/L master data, cross-company code transactions, and open item clearing. • Preparation of Business Processes Requirements Analysis and User Requirement Specifications. Expertise in centralisation of accounting subsidiary functions e.g. merger between John Lewis and Waitrose as a single, unified Finance function Strong accounting staff management skills Effective stakeholder statutory and management reporting e.g. Partnership Bonus reports, Insurance reports, Debtors and creditors gift card vouchers and redemptions, Intercompany Movements etc. Strong support for compliance of SOX testing and other regulatory requirements in the new General Accounting Team. Seek and implement efficiencies in financial data flow to result in efficient and timely reporting /analysis. Specialist in financial reporting by division, department and job centres. Strong in logistics and supply chain analysis and control accounting. Part of the implementation team that introduced Blackline training into the partnership.Contract management: Modelled based on financial modelling and cost verification of service level contracts/agreement e.g. payroll, baseline, savings, and transition costs for expansion sites for Honeywell. Produced EMEA budgeting and forecasting reporting and timely billings across CBRE and Honeywell e.g. Saudi Arabia, Dubai, Netherland, Spain, Germany etc. Ensuring full audit trail of all financial transactions including SOX compliance requirements. Completing monthly reconciliations and to provide Monthly Financial Planning and Reporting analysis, reconciliation of costs against budget and analysis of accruals. Review open Purchase Orders and Pro-active process, workflow improvements. Responsible in completion of Direct and Indirect taxation Lead to Optimise Company cash flow & ensuring credit control to ensure targets are met.Performed payment Administration and Approval – responsible for accurate calculation of amounts due to customers in line with terms contracts. Developed Reporting, control, and data management – responsible for accurate recording of Terms payments in the monthly books, and management of Terms data in our business data warehouse for both Walkers and Juice Business Units Terms accrual management – To process financial management of Terms accruals recorded in the books both for agreements that are current, and those that have been concluded, highlighting over or under-accrual Terms Agreements – responsible for stewarding sign-off of annual terms contracts with customers i.e Waitrose, Asda, Sainsbury, Tesco, Brakes etc. To perform the review of Premier’s Global Fixed Asset Register, ensuring all assets are recognizable and are in line with Premier policy, working with IT department and Senior Management. Additionally, to adjust the asset register as required and ensure reconciliations are accurate and complete. Complete the BTA reconciliations (This is a travel expense reconciliation where employees need to submit travel expenses to clear). Work with the treasury department and systems department on the monthly inter-company process of Direct Hours. Production of journals, reconciliations, and variance analysis. Perform financial calculations to support financial transactions relating to cash, pre-payments, accruals, fixed assets, costs as required. •Support Finance Manager and Director, Finance for central tasks when applicable. .Key member of transition team to move transactional activities from Pinewood to the shared services team in Prague. Involved in handover of tasks to the Prague team while ensuring all regular tasks are completed normally. • Use of SAP systems to Support the Control Accounts across UK and Ireland. • Close involvement with the Financial Reporting & planning Accounting teams and shared service center in Prague using Ariba. • Accruals and prepayments of BSD charge out, Occupancy Journals and Facilities accruals. • Bank reconciliation and creating bank journals. • Prepare reports for management information e.g. Publication of Ariba Approval Matrix, Batch Payment File Register, Bankline payments. • Prepare accounts to Trial Balance and assist with preparation of draft accounts • Balance sheet reconciliations using Blackline • Be a Key resource on a number of projects as required by being customer focused to ensure strong partnerships are built. • Responsible for the foreign VAT recovery process and balance sheet accounts managements liaising as required with Meridian. Involved in documenting Standard Operating procedure and SOX testing for internal audit and compliance purposes. • Liaising with senior managers for payment approvals. • Stock and Inventory management. Responsible for reconciling the monthly inventory report, partaking in physical count of stock during quarter close, booking the credit notes received with the accurate nominal, creating journal entries and then reconciling the items during quarter end.

• Which languages does Omobolaji.e Adeniyi speak? 

  Omobolaji.e Adeniyi speaks the following languages:
  No languages available.

• Which industries has Omobolaji.e Adeniyi previously worked in?   

  Omobolaji.e Adeniyi has prior experience in the following industries:
  John Lewis Partnership , CBRE , PepsiCo , Premier Research , 3M , Biffa , Johnson & Johnson , Macmillan Science and Education , WIZCORE CONSULTING LTD , Visa Petrochemical , Paperland Industries Limited, Lagos Nigeria , Domino Stores Lagos

• What is Omobolaji.e Adeniyi’s work experience?  

  Omobolaji.e Adeniyi has the following professional experience:
  John Lewis Partnership , CBRE , PepsiCo , Premier Research , 3M , Biffa , Johnson & Johnson , Macmillan Science and Education , WIZCORE CONSULTING LTD , Visa Petrochemical , Paperland Industries Limited, Lagos Nigeria , Domino Stores Lagos .

• How can I find Omobolaji.e Adeniyi on LinkedIn?  

  You can view Omobolaji.e Adeniyi’s
  LinkedIn profile at LinkedIn URL.

• What are Omobolaji.e Adeniyi’s work email addresses?  

  Omobolaji.e Adeniyi’s work email addresses are
  [email protected] .

• What company does Omobolaji.e Adeniyi work for?  

  Omobolaji.e Adeniyi works at
  John Lewis Partnership