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Muhammad Babalola

@muhammadbabalola

Finance Controller at TOLARAM GROUP who implemented SAP and cut month-end reporting from seven days to one.

Nigeria
Message

At TOLARAM GROUP, I set up and implemented SAP across modules at Hypo Homecare Products Limited. The purchasing workflow now captures transactions through purchase orders, addressing a major internal audit point raised by our JV partner, Colgate Palmolive.

I also introduced month-end closing on the last day of the month, with management accounts reported on the first day of the next month. Previously, reporting took up to seven days into the following month.

At QUALITY FOODS AFRICA NIGERIA LIMITED, I implemented Odoo ERP for accounting and helped improve reporting by 85% while capturing all costs. I also automated sales, payables, and payroll templates to shorten processing and reconciliation time.

At ECHOLAB RADIOLOGY & LAB serv. LTD, I prepared financial statements and budgets, handled tax and regulatory reporting, and worked with SAP on finance and fixed-asset processes. Earlier, at KPMG Professional Services, I worked on audit engagements across energy, consumer markets, and financial services, including IFRS implementation and financial statement preparation.

Experience

Work history, roles, and key accomplishments

CL

Virtual Accountant

Collective Consulting Limited

May 2020 - Feb 2021 (9 months)

Provided virtual accounting services, supporting financial management and reporting.

SA

Audit Associate

Samuel Makanjuola & Co Chartered Accountant

Mar 2018 - May 2018 (2 months)

Performed audit and assurance services, ensuring compliance with accounting standards and regulations.

PS

Audit & Consulting Associate

PIN Consultancy Services

Jul 2015 - Feb 2018 (2 years 7 months)

Provided audit and consulting services, ensuring financial accuracy and compliance.

AD

Finance Trainee

Addax Petroleum Development

Jan 2014 - Oct 2014 (9 months)

Supported finance operations in a multinational oil and gas company, gaining experience in financial processes.

Education

Degrees, certifications, and relevant coursework

University of Ilorin logoUI

University of Ilorin

Bachelor of Science, Accounting

2013 - 2017

Bachelor of Science in Accounting from the University of Ilorin, Nigeria, from 2013 to 2017.

Yaba College of Technology logoYT

Yaba College of Technology

Diploma, Accounting

Studied Accounting at Yaba College of Technology, Lagos, Nigeria.

Institute of Chartered Accountants of Nigeria logoIN

Institute of Chartered Accountants of Nigeria

Associate Chartered Accountant, Accounting

Associate Chartered Accountant (ACA) certification from the Institute of Chartered Accountants of Nigeria.

SA

SAGE

Certification, Accounting Software

SAGE certification in accounting software.

XE

Xero

Certification, Accounting Software

Xero certification in accounting software.

SA

SAP

Certification, Enterprise Resource Planning

SAP and Orion certification in enterprise resource planning.

AE

Advanced Excel

Certification, Spreadsheet

Advanced Excel certification in spreadsheet proficiency.

Tech stack

Software and tools used professionally

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