Abiodun Adeboye

ACMA-certified Financial Executive who is a result-driven Senior Accountant with expertise in financial reporting, analysis, and compliance in a large retail environment. Proven ability to drive financial insights, optimize processes, and ensure regulatory adherence. Skilled in financial modeling, budgeting, and stakeholder collaboration, with a strong understanding of IFRS and local regulations.

Strong communicator with experience and committed to delivering accurate financial data to inform business decisions and drive growth and profitability.

Senior Accountant & Internal Auditor - Shop Perfect Supermarket Limited

(2026-02)

• Monthly/Annual Closing: Leading the month-end, quarter-end, and year-end closing processes, ensuring accurate and timely financial reporting.
• Financial Statements: Preparing and analyzing balance sheets, income statements, and cash flow statements.
• General Ledger Management: Reviewing and posting complex journal entries and maintaining the accuracy of the general ledger.
• Reconciliations: Performing and reviewing bank reconciliations, vendor accounts, and inter-company transactions.
• Inventory Control & Valuation: Supervising stock-taking exercises, calculating inventory valuations, and analyzing inventory shrinkage, perishables, and wastage.
• POS Reconciliations: Reconciling daily sales, including cash takings, credit card payments, mobile money, and Gift Card/Loyalty program redemptions.
• Purchasing & Procurement: Verifying supplier invoices against purchase orders and receiving records to ensure accuracy.
• Variance Analysis: Analyzing actual costs, revenue, and margins against budgets and forecasts, particularly by department (e.g., produce, dairy, bakery).
• Cost Management: Identifying opportunities for cost reduction and efficiency improvements in a high-volume, low-margin environment.
• Performance Reporting: Generating reports to evaluate the profitability of different products, locations, or promotions.
• Treasury Functions: Controlling cash flow, overseeing cash management, and managing supplier payments.
• Tax Compliance: Ensuring timely filing and payment of VAT, sales tax, corporate tax, and withholding tax (WHT).
• Payroll Processing: Managing or overseeing payroll, staff tax deductions, and related compliance.
• Internal Controls: Setting up, maintaining, and reviewing policies and procedures to prevent fraud and errors.
• External/Internal Audits: Managing the annual audit process and serving as the primary liaison with external auditors.
• Asset Management: Maintaining the fixed asset register and ensuring adequate insurance coverage.
• Supervision: Mentoring, training, and reviewing the work of junior accountants and accounting clerks.
• Collaboration: Working with store managers, procurement, and IT teams to ensure data accuracy across systems (e.g., ERP, POS)

Head of Finance & Administration - Rally Hospital

(2006-01 - 2026-01)

• Strategic Financial Planning & Execution: Developed and implemented comprehensive financial strategies aligned with organizational objectives, resulting in sustainable growth and enhanced profitability margins over 17-year tenure.
• Full-Spectrum Financial Management: Orchestrated all facets of financial operations including asset management, budgetary control, financial reporting, and compliance with International Financial Reporting Standards (IFRS), ensuring fiscal integrity and transparency.
• Healthcare Financial Expertise: Spearheaded complex negotiations with insurance companies and government agencies, optimizing reimbursement rates and securing favorable contract terms that strengthened the hospital's financial position.
• Comprehensive Financial Oversight: Directed the multifaceted Accounts Department, seamlessly integrating Accounts Receivable, Accounts Payable, Cash Management, Billing, and Statutory Returns functions to maintain operational efficiency.
• Regulatory Compliance Excellence: Ensured meticulous adherence to local regulatory frameworks, including timely and accurate tax filings, pension remittances, and health insurance contributions, maintaining the organization's impeccable compliance record.
• Asset Management & Optimization: Established sophisticated systems for fixed asset tracking, depreciation calculations, and valuation assessments, effectively maximizing asset utility and financial reporting accuracy.
• Revenue Cycle Enhancement: Implemented strategic accounts receivable protocols that accelerated collection timelines and resolved complex payment disputes with HMOs, corporate clients, and private patients, significantly improving cash flow metrics.
• Inventory Control Sophistication: Revolutionized inventory management systems through rigorous documentation protocols, systematic reconciliation processes, and analytics-driven reporting that minimized waste and optimized supply chain efficiency.
• Facilities & Operations Management: Directed comprehensive facilities services, maintenance of activities, and vendor relationships, ensuring operational continuity and cost-effective resource utilization across all hospital functions.
• Strategic Stakeholder Engagement: Cultivated productive relationships with government agencies, regulatory authorities, financial institutions, and professional advisors, positioning the hospital advantageously within the healthcare ecosystem.
• Management Reporting Mastery: Transformed complex financial data into actionable intelligence through sophisticated analysis and reporting frameworks, empowering executive leadership to make data-driven strategic decisions.
• Team Development & Organizational Leadership: Mentored finance and administrative personnel, implemented performance management systems, and fostered a culture of accountability and excellence throughout the organization.

Senior Accountant (Remote) - Visionnaire Cooperative Multipurpose Society Ltd

(2023-10 - 2025-03)

• Comprehensive Financial Oversight: Direct all day-to-day financial operations with meticulous attention to detail, ensuring accurate transaction recording, account reconciliation, and financial reporting that maintains the cooperative's fiscal integrity.
• Strategic Budget Development: Collaborate with the executive management team to create data-driven annual budgets, implement sophisticated performance monitoring systems, and deliver insightful financial forecasts that enable strategic decision-making.
• Financial Reporting Mastery: Produce comprehensive financial statements with exceptional accuracy and timeliness, including detailed income statements, balance sheets, and cash flow statements that provide transparent insights to stakeholders.
• Cash Flow Optimization: Implement innovative cash management strategies that maintain optimal operational liquidity while simultaneously maximizing investment returns and mitigating financial risks across the cooperative's portfolio.
• Regulatory Compliance Excellence: Ensure impeccable adherence to all relevant financial regulations, maintaining perfect compliance records for tax filings, audit preparations, and regulatory submissions in the cooperative sector.
• Internal Controls Architecture: Design and implement robust internal control frameworks that effectively safeguard assets, prevent fraud, and ensure operational integrity throughout all financial processes and member transactions.
• Member Financial Advisory: Provide sophisticated financial guidance to cooperative members regarding savings strategies, loan opportunities, and investment options, significantly enhancing member financial literacy and satisfaction.
• Audit Coordination & Implementation: Orchestrate seamless internal and external audit processes, facilitate comprehensive audit activities, and strategically implement recommendations to strengthen financial controls and operational efficiency.
• Long-term Financial Strategy: Contribute pivotal insights to the development of sustainable financial strategies aligned with the cooperative's mission, supporting organizational growth objectives and member prosperity.
• Process Optimization Leadership: Proactively identify operational inefficiencies, implement streamlined financial workflows, and integrate industry best practices that optimize financial performance metrics and elevate member satisfaction levels.

Accountant - Bio Diagnostic Services

(2003-03 - 2005-12)

• Managed complete financial cycle including general ledger, reconciliations, and financial statement preparation
• Implemented fixed asset tracking system, improving asset accountability by 90%
• Reduced month-end closing time from 10 to 5 days through process optimization
• Achieved 100% accuracy in financial statement preparation over 3-year tenure

Audit Staff - Precious Holdings Limited

(2001-01 - 2003-02)

• Identified ₦25M in cost-saving opportunities during comprehensive financial audits
• Improved operational efficiency by 20% through process improvement recommendations
• Conducted 50+ audit engagements with zero material misstatements
• Developed audit procedures that reduced testing time by 30% while enhancing coverage

Master of Science - Accounting - University of Lagos (2014 - 2014)

Bachelor of Science - Accounting - Lagos State University (2006 - 2006)

Diploma - Computer Accounting & Data Management (2006 - 2006)