Karimu, Babatunde Solomon

A Financial and Payroll Accountant with progressive experience in financial accounting, payroll administration, tax matters covering ICT, manufacturing, Logistics and RMS. Skilled at securing, as far as practicable, the completeness, accuracy and validity of transactions in order to safeguard assets and liabilities and forestall material misrepresentation from start-up Business to financial management and financial statement preparation. Hands-on experience of providing professional advice in strategic issues such as financial reporting and taxation accounting.

Easy going by nature and able to work with any staff members regarding finance matters to resolve problems. Presently, I am seeking a professional and satisfying role in a reputable company where my experience and acquired skills will contribute to the growth of that company.

Accounting Manager - Galooli Nigeria Ltd - Ikoyi, Lagos

(2024-02 - 2025-09)

Finance and accounting management with responsibilities for financial reporting, journal reviews, inter-company transactions, investment appraisal support, treasury management, and statutory compliance.

• Monthly, quarterly and annual reports preparation and analytical
• Review and approval of all JV (accrual, prepayment, fixed assets, payroll and other standard journals) prepared by Financial Accountants
• Manages inter-company loan and trade payable monthly
• Support on investment appraisal by providing details of the financial profitability report for such a CAPEX project
• Ensure that the trial balances are generated as at when due inline with group month end reporting timetable
• Manages our company treasury and submits a quarterly treasury report to the IL group office
• Ensure that all our accounting transactions are recorded and reported in line with generally accepted accounting principles and group accounting policies
• Coordinate both internal and external audit and ensure that their recommendations are well implemented
• Review and approval of balance sheet reconciliations prepared by financial accountants, payroll manager and receivable manager
• Manages the CIT, EDT, TP, VAT, WVAT, WHT and PAYE, NHF, development levy, business premises levy, signage levy, ECF, Group life, ITF, Pensions, insurances
• Annual budget preparation
• Report to the Managing Director. Responsibility to oversee the management of the finance department and the overall management of corporate accounting, financial reporting, budgeting and setting up of an effective internal control mechanism to safeguard the assets of the company

Head, Accounts and Audit - Sagad Farms Nigeria Ltd - Tiga Dam, Kano

(2022-11 - 2023-05)

• Installation of the company's financial accounting system, processes and procedures
• Maintains the company's financial procedures, processes and system
• Treasury Management, working capital projection, Credit control policy, Fund raising via Bank facilities, Fund investment on short term basis
• Statutory Management: Pension, PAYE, VAT, CIT, EDT, ECF, Group life, ITF, business premises levy, Development levy
• Internal audit functions
• Payroll administration and welfare

Assistant Payroll Manager - American University of Nigeria - Yola

(2016-06 - 2020-04)

Payroll and welfare administration for large staff complement with management of all payroll-related taxes and deductions.

• Payroll and welfare administrator (1250 staff); Atiku Center-GlZ Project NGO Finance Assistant, Payroll GL Recons
• All payroll-related taxes and deductions management

Group Financial Accountant - Veritas Plastics and Packaging Company Ltd - Idu, Abuja

(2015-10 - 2016-03)

• Financial Statements preparation
• Budget and Budgetary control
• Product Costing and Profitability
• Weekly Fund Allocation to Raw Materials and Overhead
• Supervision
• Receivable and Payable reconciliation, Aging, Provision and its ledger update
• Fixed assets schedule and register management

Payroll Manager - G4S Secure Solutions - GRA, Ikeja, Lagos

(2010-10 - 2013-12)

Payroll and welfare administration for large national and expatriate staff with comprehensive statutory deductions management and month-end reconciliation.

• Payroll and welfare administrators (5750 staff); National and expats
• Statutory deductions management (Pension, PAYE, NHF, ECF, ITF, Development Levy, TARC etc)
• Payroll month-end adjusting and reconciling entries

Assistant Financial Controller - Not specified

(2008-09 - 2010-09)

Accounting records management, overhead report reviews, and cost control across multiple regions.

• Organising and maintaining accurate company accounting records
• Holding monthly meetings to review overhead reports with departmental heads
• Petty cash reconciliations (4 Regions monthly average of ₦17m each reduced to ₦12.5m each)
• Fuel (with monthly consumption reduced from ₦7.8m to ₦5m)
• Pool cars maintenance costs control

Financial Auditor - Computer Warehouse Group (Sales, Services & Repairs of Computers, Networking & Software) - Victoria Island, Lagos

(2002 - 2005)

Internal controls assessment and implementation of audit procedures. Saved approximately periodic ₦2m over invoicing.

• Internal Controls adequacy assessment and making recommendations as the need arises
• Controlled documents and valuables Protection
• Assets and liability verification by comparing and analyzing items to documents
• Assessment of compliance with Internal financial regulations and controls
• Risks and internal controls evaluation by identifying areas of non-compliance
• Introduction of Pre-Audit of all invoices to forestall over-invoicing and irregularities as a result of casting errors etc

Trainee/Accounts Officer/Accountant - Computer Warehouse Group (Sales, Services & Repairs of Computers, Networking & Software) - Victoria Island, Lagos

(1999 - 2002)

Bank cash books management and subsidiary book reconciliations with financial statement preparation.

• Updating 32 Banks' CashBooks and their reconciliations
• Subsidiary books and posting thereof to the ledger to draw up TB and pass adjustment journals for FS preparation
• Weekly Management Dollars and Naira Receivables and Payables Reports

National Youth Service Corp - Cross River Basin Authority - Ikot Ansa

(1998-02 - 1998-12)

• General ledger
• Salaries and wages
• Personal accounts

HND - Accountancy - The Federal Polytechnic, Ado-Ekiti (1992 - 1997)

SSCE, GCE - Estate High School, Mile 2 (1986)

ICAN - Institute of Chartered Accountants of Nigeria (2010)

NYSC - National Youth Service Corps (1998)