Omoyosola Afolayan

Omoyosola Afolayan Email and Phone Number

Chief Financial Officer @ SQUAD
Omoyosola Afolayan's Location
Nigeria, Nigeria
Omoyosola Afolayan's Contact Details

Omoyosola Afolayan work email

Omoyosola Afolayan personal email

n/a
About Omoyosola Afolayan

I started my career in 2004 as a billing and credit control officer in Telnet Nigeria Limited and subsequently joined Guaranty Trust Bank Plc in February 2007 as a financial control officer.The past 17 years of my career has been an interesting journey so far. With the technological disruptions everywhere, technology is something that keeps evolving and there is always room to acquire new skills. Effective June 2019, my journey into financial technology and Innovation kicked off. I am optimistic about the career change as I strive to learn new things and broaden my horizon.I have over 12 years of financial control experience at Guaranty Trust Bank Plc which cuts across management reporting, financial reporting, regulatory reporting, tax reporting, and strategic related job functions.I led various teams within Financial Control Division ranging from Management Reporting, Group Reporting and Tax Reporting. I also served as the liaison officer whereby I coordinated annual CBN/NDIC Risk Based Examinations and other regulatory audits i.e., Federal Inland Revenue Service, various State Inland Revenue and External Audits.In 2019, I was redeployed to Fintech & Innovation Division of Guaranty Trust Bank as the head of business development, where I worked with the tech team and was responsible for coordination and management of projects i.e. from idea conceptualization to product launch stage. In November 2020, I was nominated as the Finance Team Lead to work with top management staff of Guaranty Trust Holding Company‘s Payment Company to commence the strategy of its payment startup company.I am highly organized, detailed-oriented and able to lead team members to achieve organizational goals and objectives.

Omoyosola Afolayan's Current Company Details
SQUAD

Squad

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Chief Financial Officer
Omoyosola Afolayan Work Experience Details
  • Squad
    Chief Financial Officer
    Squad Nov 2020 - Present
    • Responsible for setting up Finance team• Drafting of accounting policies and finance processes• Strategic documentations and engagements
  • Guaranty Trust
    Group Head Business Development-Fintech & Innovation Division
    Guaranty Trust Jun 2019 - Oct 2020
    Lagos, Lagos State, Ng
    I work with my team to research on industry trends locally and internationally by creating innovative products and services. My job pretty much entails managing of projects from conception to completion stage. In summary,am responsible for research and development, managing of projects by working with all relevant stakeholders i.e internal and external to create innovative products and services for my organization.
  • Guaranty Trust
    Financial Analyst & Liaison Officer On Regulatory Audits
    Guaranty Trust Jun 2016 - May 2019
    Lagos, Lagos State, Ng
    Responsible for consolidation of data information, wherein strategic decisions are made from data collected/gathered. Also responsible for co-ordination of Central Bank of Nigeria regulatory audits and tax related audits. Reports directly to the CFO to assist in carrying out finance functions.
  • Guaranty Trust
    Team Lead-Group Reporting
    Guaranty Trust Jul 2015 - Jun 2016
    Lagos, Lagos State, Ng
    Primarily responsible for review and consolidation of the Parent and Subsidiaries financial statements and other financial strategic job functions.
  • Guaranty Trust
    Team Lead- Tax Reporting
    Guaranty Trust Jun 2011 - Jun 2015
    Lagos, Lagos State, Ng
    I displayed high level technical competence in financial statement review which helped the Bank to effectively manage its tax liability/exposure. I came up with several initiatives that led to improvement in Withholding Tax (WHT) and Value Added Tax (VAT) collations and reporting across the Bank. I also championed central integration of tax reporting across the Bank.I was also saddled with the responsibility of working with the Bank’s Tax consultant in coming up with the Bank’s Transfer Pricing Agreement (TPA) Policy.
  • Guaranty Trust
    Team Member-Management Reporting
    Guaranty Trust Feb 2007 - Jun 2011
    Lagos, Lagos State, Ng
    Key Job Responsibilities Acts as a resource person on tax related matters; handles federal and state audits. Assumes responsibility for company income tax computation and ensures voluntary compliance Reviews monthly and yearly federal and state tax returns (VAT, WHT & PAYE)  Prepares tax planning and estimates on a yearly basis Assumes the responsibility for the smooth flow of tax returns and continues improvement efforts Assumes responsibility for transfer pricing regulation to FIRS  Performs tax research on existing and new laws Ensures that all tax queries and correspondences are responded to and appropriate steps taken to avoid penalties  Liaises and manages relationship with Financial Reporting Council of Nigeria Yearly computation of Nigeria Deposit Insurance Corporation (NDIC) premium and liaise with NDIC during audit exercise. Assumes responsibility for transfer pricing regulation to FIRS  Review of payroll, PAYE and other related staff expenses by human resources group External Audit: attend to auditors during external audit periods Preparation of monthly financial statement analysis to senior management staff (i.e. Financial Statement Analysis) Preparation of monthly GTB Plc’s subsidiaries receivables report Preparation of monthly Account Profitability Report for management staff Monthly allocation of operating expense to profit centres within the Bank Maintains good customer relationship with internal customers
  • Telnet Nigeria Limited
    Company Accountant
    Telnet Nigeria Limited Jan 2004 - Jan 2007
    Lagos, La, Ng
    Key Job Responsibilities• Management accountant functions i.e. Cash management, monitoring of debtors collection period, Creditors payment period etc.• Carried out credit control functions• Prepared monthly bank reconciliation statements to general ledger. • Bank relationship management • Maintain good customer relationship

Omoyosola Afolayan Education Details

  • Institute Of Chartered Accountant Of Nigeria
    Institute Of Chartered Accountant Of Nigeria
    Accounting
  • Olabisi Onabanjo University
    Olabisi Onabanjo University
    Accounting

Frequently Asked Questions about Omoyosola Afolayan

What company does Omoyosola Afolayan work for?

Omoyosola Afolayan works for Squad

What is Omoyosola Afolayan's role at the current company?

Omoyosola Afolayan's current role is Chief Financial Officer.

What is Omoyosola Afolayan's email address?

Omoyosola Afolayan's email address is om****@****ank.com

What schools did Omoyosola Afolayan attend?

Omoyosola Afolayan attended Institute Of Chartered Accountant Of Nigeria, Olabisi Onabanjo University.

What are some of Omoyosola Afolayan's interests?

Omoyosola Afolayan has interest in Tax Related Functions, Management And Financial Reporting.

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