Summary
Overview
Work History
Education
Skills
Affiliations
Personal Information
Local Government
Awards
Training
Certification
Timeline
Generic
ADEDAPO MAYOWA OMOTAYO

ADEDAPO MAYOWA OMOTAYO

Ikotun

Summary

To develop a professional career with dynamic organization that is committed to excellence and encourages self-drive in the overall development of person which is achieved through hard work, commitment, honesty and integrity.

Accomplished Chief Financial Officer highly effective at driving strategic initiatives with solid financial backing. Eager to leverage 16 years of experience in dynamic new role at your Organisation

Overview

18
18
years of professional experience
1
1
Certification

Work History

GROUP CHIEF FINANCIAL OFFICER

HAZON HOLDINGS GROUP
11.2024 - Current
  • Executing the group’s financial strategy
  • Implement process improvement and resources allocation optimization which reduces 58% of annual operating cost.
  • Improved cashflow management to achieve a 69% reduction in outstanding receivables and a 25% increase in cash reserve.
  • Conceived and initiated successful fund raising initiatives that led to 150 Million dollars in capital and debt financing.
  • Developed strong relationships with investors,lenders and other stakeholders ensuring 98% financial stability and growth in first quarter in 2025.

FINANCIAL CONTROLLER

CIRCA TRANSNATIONAL SERVICES LIMITED
06.2021 - 09.2024


  • Ensuring a strong accounting and operational control environment to safeguard the organization assets. This helped in reducing theft of asset by 49%.
  • create a new customer retention strategy that reduced chum by 78% and increase customer customer lifetime value.
  • Improved customers satisfaction rating by 88% via communication and resolution of all complaint withing 24 hours.
  • negotiate contract renewal with over 70+ existing clients, resulting in a 92.6% reduction rate and an increase in annual revenue of 2023.
  • Mentored a team of 10+ junior Financial controller and Accountants, leading to a 45% improvement in 2022 sales performance.

CHIEF FINANCIAL OFFICER

GOLD PLATES FEAST HOUSE LIMITED
12.2017 - 04.2021


  • Championed financial operation for a 52 million dollars company and decrease expenses by 67% in the first year.
  • develop financial strategies that optimized cash flow, increasing working capital by 44% and improvement over previous years.
  • conduct the due diligence process for a 9 million dollars plus acquisition,leading to a 23% return on investment (ROI) in Q1 of 2023.
  • spreadsheet cost-cutting measures across departments , which reduces monthly operating expenses by 55 million and increase profitability by 47%.

GROUP HEAD, INTERNAL AUDIT AND COMPLIANCE

POINTEK GROUP OF COMPANIES
06.2015 - 11.2017
  • Vouch all financial accounts, transactions, operations, administrations and all business activities of the company.
  • Ensure accuracy of all inventories and items at the stores, workshops, branches and other locations.
  • Carry out fixed assets control including subsidiaries.
  • Conduct checks on compliances with businesses and operational processes.
  • Identifying poor performances and making appropriate recommendations to the Managing Director.
  • Investigate frauds, errors, mistakes and suspicious transactions and constructively resolve them.
  • Enforces personal discipline across board.
  • Prepare periodic (weekly, monthly, quarterly, bi-annual and annual) departmental reports for management review and decision makings.
  • Constructively aid speedy resolution of work place conflicts, monitor and ensure effective communication and information flow within the lateral and vertical span of control.
  • Act as departments administrative head by reviewing and approving varying request emanating from units heads, branches and individuals within span of control. Approves or otherwise review expenses requests and retirement of units before they are processed by other concerned departments.

HEAD, INTERNAL AUDIT/CONTROL

THE ESTABLISHMENT HOTELS LIMITED
10.2011 - 04.2015
  • Provide an assurance on daily revenue generated by the company with reference to occurrence, completeness, cut-off, accuracy and valuation.
  • Identify risks, provide control to mitigate such risk, also test the control to ensure effectiveness.
  • Provide control measures over all payables by ensuring that purchase order and goods received notes (GRN) are matched with supplier’s invoice. Ensure the accuracy and valuation of all payables.
  • Review the payroll to ensure rights and obligations as well as accuracy and valuation.
  • Perform system audit by ensuring that all sales and expenditure are posted accurately on the system master and sage 50 software.
  • Monitor all departmental cost and ensure that cost do not rise above budget. Advise management when cost is skyrocketing.
  • Responsible for vetting all revenue center (front office, restaurant, bar, club) bills and reconciling them with cost documents-caption orders.
  • Management of the bar, club section by conducting daily stock taking of all drinks and foods to avoid losses.
  • Ensure compliance with law and regulatory bodies. that all statutory deductions: VAT, PAYE, PENSION, CONSUMPTION, etc. are remitted as and when due.
  • Responsible for monthly valuation of closing entries. co-ordinate monthly closing inventory exercise. Match the physical counted inventory with system balance, analyze and resolve differences.
  • Review the cash book on a daily basis to ensure occurrence, completeness and valuation of income generated such as cash, POS, transfer.
  • Ensure end- to- end procurement and item requisition process which will assist in reducing purchasing cost and increase efficiency.
  • Review and be a part of the approval of all payment voucher of the company.

HEAD, INTERNAL AUDIT /CONTROL

EXCEPTIONAL MICROFINANCE BANK LIMITED
06.2009 - 09.2011
  • Design, revise or update appropriate internal control, audit & compliance strategy and framework for the bank.
  • Ensure proper documentation, recording and tagging of the company’s fixed assets.
  • Liaise with external auditors.
  • Ensure that credit facilities to any customers or group of customers are in line with the regulatory guidelines; clearly defined internal policies and debt service capability.
  • Ensure that all credits have been approved in accordance with the credit policy.
  • Ensure that all pre-disbursement conditions have been met.
  • Ensure that all collateral documents are properly kept and perfection carried out.
  • Review approved credit for quality, performance and compliance with approved terms & condition in the credit policy. Ensure all credit are approved in accordance with the credit policy and any regulatory guidelines. prompt escalation of any deficiencies noted.
  • Carry out spot checks on loan customers to verify due diligence done prior to draw down.
  • Identify all non-performing accounts and pursue workout strategies in collaboration with loan officers.
  • Ensure that limits are monitored.
  • Ensure that income, fees, maturing repayment & other charges are captured.
  • Detection and escalation of un-authorized credit.
  • Implementation of policy driven credit related sanctions.
  • Preparation of exception report as required.
  • Custody and maintenance of credit files.
  • Ensure that a review of the portfolio is carried out on a quarterly basis.
  • Ensure that appropriate recommendations are implemented such that the desired level of credit quality and performance are attained and sustained.
  • Take necessary measure to ensure adequate quality assurance in operation i.e. call over. General ledger proofing/ reconciliation, integrity test, departmental control etc.
  • Ensure proper verification of expenses before processing and disbursement of funds.
  • Track bank deposits and payments.
  • Ensure compliance on report rendition to regulatory bodies.
  • Ensure compliance to the bank rules, policies, and regulations.

Assistant Manager

JOHN DELENSON & ASSOCIATES
09.2008 - 04.2009
  • Plan effective auditing processes.
  • Audit financial statements and asset account for accuracy and regulatory compliance.
  • Inspect internal system and controls.
  • Assess risk management tactics.
  • Perform audit of financial areas, non-financial areas like trucks.
  • Report systematic errors of fraud indicators.
  • Determine internal audit scope and develop annual plans.
  • Maintain open communication with management and audit committee.
  • Act as an objective source of independent advice to ensure validity, legality and goal achievement.

National Youth Service Corps (NYSC)

First Bank Plc
09.2007 - 08.2008
  • General marketing.
  • Product canvassing.
  • Deposit mobilization.
  • Preparation of credit facility.

Education

M.SC - Economics

University of Lagos
09-2013

Associate Chartered Accountant -

The Institute of Chartered Accountants of Nigeria
Nigeria
02-2012

B.SC (Hons) - Economics

University of Lagos
09-2007

College Certificate -

Arc Bishop Aggey Memorial Secondary School
01.1999

Skills

  • Financial Reporting
  • Budgeting
  • Forecasting
  • Tax Planning
  • Strategic planning
  • Financial Modelling
  • Data Analysis and Business Intelligence
  • Knowledge of Generally accepted auditing standards
  • Knowledge of accounting and finance principles and practices
  • Knowledge of a variety of reporting procedures, regulations and law
  • Critical thinking and analysis
  • Tenacity and ethics
  • Proficiency in MS office
  • Proficiency in Sage 50
  • Proficiency in Quick book
  • Proficiency in Sage ERP
  • Proficiency in ERP-Next
  • Proficiency in Busy win accounting software

Affiliations

Associate Chartered Accountant (ACA), 2012

Personal Information

  • Place of Birth: Ondo State
  • Date of Birth: 04/15/81
  • Gender: Male
  • Nationality: Nigerian
  • Marital Status: Married

Local Government

Ile-Oluji

Awards

  • Federal Ministry of Education Scholarship Awards, 2010
  • Kwara State Government Merit Awards (NYSC), 2007

Training

  • 11/01/11, Induction Training Accounting systems, standard and procedure (star link Global and ideal ltd)
  • 05/01/16, Professional training on sage accounting software (Underworld product Nigeria Ltd)

Certification

  • Data Analysis for business intelligence, Schils Technologies Academy - March 2025 - July 2025

Timeline

GROUP CHIEF FINANCIAL OFFICER

HAZON HOLDINGS GROUP
11.2024 - Current

FINANCIAL CONTROLLER

CIRCA TRANSNATIONAL SERVICES LIMITED
06.2021 - 09.2024

CHIEF FINANCIAL OFFICER

GOLD PLATES FEAST HOUSE LIMITED
12.2017 - 04.2021

GROUP HEAD, INTERNAL AUDIT AND COMPLIANCE

POINTEK GROUP OF COMPANIES
06.2015 - 11.2017

HEAD, INTERNAL AUDIT/CONTROL

THE ESTABLISHMENT HOTELS LIMITED
10.2011 - 04.2015

HEAD, INTERNAL AUDIT /CONTROL

EXCEPTIONAL MICROFINANCE BANK LIMITED
06.2009 - 09.2011

Assistant Manager

JOHN DELENSON & ASSOCIATES
09.2008 - 04.2009

National Youth Service Corps (NYSC)

First Bank Plc
09.2007 - 08.2008

M.SC - Economics

University of Lagos

Associate Chartered Accountant -

The Institute of Chartered Accountants of Nigeria

B.SC (Hons) - Economics

University of Lagos

College Certificate -

Arc Bishop Aggey Memorial Secondary School

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ADEDAPO MAYOWA OMOTAYO