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Adedamola Adetutu Akinduyite Akinduyite

@adedamolaadetutuakin

Finance Manager at Matna Foods Company Limited who reduced a N63M tax liability to N5M and cut month-end close time from 10 days to 5.

Nigeria
Message

At Matna Foods Company Limited, I reduced a N63M tax liability to N5M through documentation review, negotiation with ODISR, and tax planning. I also designed and enforced internal controls that eliminated fraud incidents over a 7-year period.

I prepare management accounts, budgets, and variance analyses to support executive decision-making. I streamlined funding and working capital processes, supporting business continuity without liquidity-related disruptions.

I built, mentored, and evaluated a 5-person finance team, reducing month-end close time from 10 days to 5. I also manage regulatory compliance and timely remittance of PAYE, WHT, and pension deductions.

Previously, at Alliance & General Insurance Plc, I prepared management accounts, budgets, and NAICOM statutory returns, and helped resolve compliance issues. I hold a PhD and an M.Sc in Accounting from Obafemi Awolowo University and am an active ACA member of ICAN.

Experience

Work history, roles, and key accomplishments

ML
Current

Finance Manager

Matna Foods Company Limited

Oct 2017 - Present (9 years)

Led tax optimization, financial controls, and strategic planning, reducing tax liabilities by 92% and ensuring 100% regulatory compliance. Managed cash flow, accounts receivable, and a 5-person finance team, cutting month-end close time from 10 to 5 days.

Education

Degrees, certifications, and relevant coursework

Institute of Chartered Accountants of Nigeria logoIN

Institute of Chartered Accountants of Nigeria

Associate Chartered Accountant, Accounting

Associate Member (ACA) of the Institute of Chartered Accountants of Nigeria, currently active.

Obafemi Awolowo University logoOU

Obafemi Awolowo University

Doctor of Philosophy, Accounting

Doctor of Philosophy in Accounting from Obafemi Awolowo University, completed in 2025.

Obafemi Awolowo University logoOU

Obafemi Awolowo University

Master of Science, Accounting

Master of Science in Accounting from Obafemi Awolowo University, completed in 2016.

UA

University of Ado-Ekiti

Bachelor of Science, Accounting

Grade: Second Class Upper

Bachelor of Science in Accounting with Second Class Upper from University of Ado-Ekiti, completed in 2011.

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