SAMSON A. OYELAMI, MBA 8714 Grasswren Road, Richmond, Texas 77407 Phone: 804-982-8763 | Email: sam.oyelami@gmail.com 1 PROFESSIONAL SUMMARY A results-oriented an Assistant Controller professional with more than 15 years of progressive experience in corporate financial analysis and management with expertise in global financial intelligence, regulatory compliance, financial review, data analytics and expert knowledge of organizational effectiveness. AREAS OF EXPERTISE Budget and forecasting Financial Analysis Construction Internal Audit and SOX experience General Ledger Banking and Finance Financial Reporting Risk Management Intercompany Allocations Operations Management Analytical Thinking Leadership Regulatory Compliance Vendor/Client Relations Revenue Recognition Cash Flow GAAP Joint Venture Reporting SIGNIFICANT ACCOMPLISHMENTS • Resolved several hold-over accounting issues and drove finalization of closing financial statements. • Reduced aging account receivable from 20% to 12% by building strong relationship management with the customers and avoiding bad debts. • Managed all accounting functions for two Midstream Energy assets owned by MCP and private equity firm – Stingray Offshore Pipeline in the Gulf of Mexico and Van Hook Gathering System in North Dakota (sold in 2019). • Reduced monthly closing process from 8+ days to 4 days on a consistent basis. PROFESSIONAL EXPERIENCE Path Environmental Technology, LLC Houston, Texas Assistant Corporate Controller Nov 2020 – Till Date • Prepare, review, and analyze financial statements on a monthly basis for management review in compliance with GAAP. • Manage all accounting operational functions including: Billing, A/R, A/P, GL, Cost Accounting, Inventory Accounting, Revenue Recognition, and Payroll. • Direct activities related to efficient cash collection and vendor payments and overall cash management and cash forecasting. • Preparation of monthly financial reports, including commentary and variance analysis of financial results against budget/forecast; and make recommendations to management. • Monitor a company’s financial reports and determine ways to reduce costs. • Establish and maintain business relationships with external auditors, banks, IT consultants, lawyers, customers, vendors, and government taxing agencies. • Assist with closing the books at month-end and preparing the monthly financial reporting package for the investing partners. • Oversee monthly accounting and reporting processes, ensure compliance with GAAP standards • Establish and maintain internal controls to support the financial infrastructure (compliance with professional, state, and federal regulatory requirements). • Serving as a key resource for special projects with the ability to both lead as well as provide meaningful contributions.
SAMSON A. OYELAMI, MBA 8714 Grasswren Road, Richmond, Texas 77407 Phone: 804-982-8763 | Email: sam.oyelami@gmail.com 2 • Manage and comply with local, state, and federal government reporting requirements and tax filings. • Support the FP&A team with the corporate budgeting process and related reporting. • Assist in improvement of processes and controls and related documentation. • Overseeing the fulfillment of financial compilation requests and accountable for the results of the annual audit/compilation. • Perform treasury functions, including monitoring all cash activity, preparing bank reconciliations, and maintaining vendor relations related to the A/P function. • Provide relevant financial analysis, recommendations, and support to other functional leaders in the company including the Chief Executive Officer and Chief Operating Officer. • Review of General Ledger account balances for accuracy. • Respond to requests for finance related information and support. • Contributes to team efforts by accomplishing related tasks and other special projects assigned by CFO or CEO needed. • Coordinate the provision of information to external auditors for the annual audit. Starfish Pipeline Company, LLC Houston, Texas Assistant Controller Jun 2018 – Sep 2020 • Assisted with management of all general ledger activity including fixed assets, intercompany, general accounting journal entries, payroll, account reconciliations, accruals, etc. • Developed and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP). • Prepared financial statements (balance sheet, income statement, statement of cash flows, etc.). • Developed and maintain yearly standard cost. • Managed the cash flow and prepare cash flow forecasts in accordance with the company policy. • Performed and review account reconciliations and journal entries to ensure accuracy and validity of accounting transactions and company books and records. • Developed and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with company policy. • Established guidelines for budget and forecast preparation and prepare the annual budget in consultation with the President and Finance Committee. • Performed variance reviews of G&A and operations support costs, research variance root causes, and determine action plans to improve financial statement and/or outlook accuracy. • Responsible for operational accounting for natural gas processing plants and natural gas & crude oil gathering systems and pipelines. • Managed the month-end and quarter-end analysis and reporting for areas of responsibility; actively participate in the analysis of plan to actuals. • Ensured SOX controls are designed and operating effectively. • Analyzed, generate, and process intercompany entries and invoices needed to adjust or reallocate expenses between entities. ENVIA Energy, LLC Houston, Texas Manager, Financial Reporting Accountant Dec 2014 – May 2018 • Managed fixed assets by maintaining detailed fixed asset ledgers, roll forwards, depreciation, and amortization schedules, tracking asset transfers and disposals; review and update fixed assets coding categories.
SAMSON A. OYELAMI, MBA 8714 Grasswren Road, Richmond, Texas 77407 Phone: 804-982-8763 | Email: sam.oyelami@gmail.com 3 • Assisting the CFO in implementing cost controls for the department and monitor expenses to ensure compliance with budget. • Performed and reviewed account reconciliations and journal entries to ensure accuracy and validity of accounting transactions and company books and records. • Compiled and analyzed financial information to prepare entries to account such as general ledger accounts and documenting transactions. • Assisted with month-end close activities and run ad hoc reports. • Assisted with preparation of monthly financial packages for management and the board of directors. • Oversee daily cash management function (manual check cashing, check runs, ACH debits, wire transfers, internal account transfers). • Evaluated appropriate accounting treatment for new transactions and new initiatives; prepares technical documentation for such transactions and provides US GAAP interpretation. • Performed monthly inter-company account reconciliations and analysis of balance sheet accounts. Cedar Fair Entertainment Company Doswell, Virginia Treasury Analyst April 2009 – Jan 2011 • Prepared daily cash reports and create journal entries into Oracle for all cash activities. • Monitored and supervised the park depository account balances. • Maintained cash office security. • Ensured daily balancing of cash, credit card and debit cards transactions. • Ensured compliance with internal controls, policies, and procedures in daily conduct of treasury activities. • Directed allocation of cash to general ledger accounts. • Processed coins in large amounts and loaded cash in ATMs. • Prepared monthly reconciliation of all treasury balance sheets. Skye Bank Plc Lagos, Nigeria Financial Reporting Manager January 1999- October 2008 • Prepared monthly analysis of general ledger and balance sheet in accordance with IFRS. • Performed enhanced due diligence reviews, including high-risk accounts. • Authorized and supervised all branch transactions within the prerogatives. • Provided the branch internal audit with any exceptions on timely basis. • Ensured compliance with procedures, controls, and regulations in conducting audits. EDUCATION AND PROFESSIONAL DEVELOPMENT Master of Business Administration December 2017 Lamar University Beaumont, Texas Bachelor of Science, Accounting December 2014 Virginia Commonwealth University Richmond, Virginia Bachelor of Science, Finance May 2004 Lagos State University Lagos, Nigeria SKILLS Proficient in QuickBooks, Microsoft Excel (VLookup, HLookup, Pivot Tables etc) as well as Microsoft Word, PowerPoint and Outlook, Oracle, Flex cube, Jonas, SAP, Net suite, and ERP