Abayomi Olaosun

Abayomi Olaosun, CISA -https://www.linkedin.com/in/abayomi-olaosun-aca-cisa-a-/• Sudbury, Ontario. Canada Professional Summary Results-driven and detail-oriented Internal Auditor with 13+ years of experience in internal auditing, risk management, SOX compliance, governance process evaluation, and internal controls over financial reporting (ICFR). Experienced in executing and managing audits in accordance with the Institute of Internal Auditors Global Standards and skilled in assessing and reviewing the effectiveness of governance, enterprise risk management, and internal control processes. Demonstrates expertise in documenting audit findings, testing controls, and identifying policy compliance gaps to enhance internal processes. Recognized for exceptional leadership and communication abilities, building rapport across all levels of staff and management while managing multiple priorities under tight deadlines. Areas of Expertise     Risk-Based Internal Audits Audit Reporting & Presentation Team Leadership & Training Risk Management & Control Assessment     Strategic Planning & Execution Policies & Procedures Compliance Data Analytics (Power BI, SQL, ACL) SOX Compliance & ICFR Testing   Root Cause Analysis Project Management Effective Communication Cybersecurity & IT Audits R Programming Language Microsoft Power BI Structured Query Language (SQL)  Sage X3 ERP   Tools and Expertise    Microsoft Office Caseware Audit Command Language (ACL)    Accomplishments        Played a vital role in establishing an internal audit department at Eterna Plc, enhancing audit efficiency and compliance. Devised and executed robust internal audit policies and procedures at Eterna Plc to mitigate fraud and risk elements as well as enhance the effectiveness of internal controls at various revenue centres of the company. Developed an audit reporting template that mitigated over $4 million USD cash fraud at Eterna retail outlets, and elevated overall efficiency in financial reporting of the retail outlets accounts. Led risk-based audits and SOX compliance efforts, improving internal controls and fraud prevention. Led IT audits and SOX/ICFR projects, improving IT general controls by over 70%. Developed and leveraged data analytics techniques (Power BI, SQL, and Audit Command Language) for audit insights, risk assessments, and continuous improvement. Led and completed various ICFR projects for clients at CIB Professional Services. Page 1|3 Career Experience CIB Professional Services Senior Internal Audit Consultant – Remote       Lead and execute internal audit projects across governance, financial reporting, operations, and IT audit domains for financial services clients. Conduct walkthroughs and evaluate the design and implementation of entity-level and process-level controls, including IT general controls for clients’ ICFR projects using the COSO’s framework. Utilized Power BI, Microsoft Excel, and Audit Command Language (ACL) to perform data analytics for decisionmaking and risk identification. Lead control testing, sample selection, and documentation of test results, ensuring sufficient, appropriate audit evidence is obtained. Identify control weaknesses and recommend practical solutions to enhance operational efficiency. Prepare detailed internal audit reports, including findings, recommendations, and remediation plans. Freelandt Caldwell Reilly LLP (Chartered Professional Accountants) Staff Auditor and Data Analyst - Contract        January 2025 – Date Sudbury, Ontario March 2023 – Dec 2024 Designed the information system audit framework and executed information system audits aligned with Canadian Auditing Standards and Sarbanes-Oxley (SOX) compliance. Conducted SOX-aligned reviews of IT general controls, IT application controls, and assessed risks of material misstatement in financial statements. Conducted process walkthroughs with key clients’ stakeholders to identify control gaps and improvement opportunities and promote effective risk and control management practices. Prepared audit work papers, identified control weaknesses, recommended improvements, and ensured implementation follow-up. Prepared audit reports, containing the audit findings, risk, and value-added recommendations on the financial statement audit. Conducted tests of controls, risk assessments, and audits of the general ledgers on clients’ financial statements. Utilized Power BI and SQL to perform data analytics for decision-making and risk identification. Eterna Plc Internal Audit Assistant Manager July 2021 – February 2022 Steered a team to conduct periodic risk-based audits, including financial reporting, operational, compliance, and information technology (IT) audits of all company units to achieve designated objectives. Identified areas of improvement and recommended appropriate changes to optimize internal control systems and procedures as well as ensure compliance with audit recommendations through periodic audit follow-ups.        Developed and implemented a robust annual risk-based audit plan in alignment with COSO and SOX frameworks, while maintaining consistent collaboration with the Head of Internal Audit, Reviewed the conduct of various risk-based internal audits to ensure the adequacy of coverage, quality assurance, and that values are added to the company. Actively participated in opening, closing, and other audit meetings presenting audit findings and conclusions relevant to work performed to auditees and senior management. Collaborated with cross-functional teams for process improvements and internal control best practices. Reviewed SOX compliance and internal controls over financial reporting (ICFR) processes to enhance internal control environments. Led risk-based audits and provided compliance support to the Head of Internal Audit on audit processes. Conducted root cause analysis of issues and provided practical recommendations for enhancement. Page 2|3 Senior Internal Auditor         January 2016 – June 2021 Developed risk-based audit programs regarding audit engagements aligned with audit scopes and objectives. Performed testing to determine the adequacy and effectiveness of internal controls for assigned internal audits. Prepared internal audit work papers and risk-based internal audit reports for assigned audits, with actionable audit recommendations, presented findings to senior management, and followed up on implementation. Conducted detailed Investigations to identify fraud, misuse, or misappropriation of organizational assets as requested by management. Using the Risk Control Matrix, worked with process owners to identify process objectives, risk, and existing controls and provided recommendations on control improvements following the COSO’s Framework. Co-ordinated and provided assistance to the external auditors required as part of the annual audit. Leveraged data analytics techniques by preparing data for periodic dashboards and visual reports to the board. Provided guidance and training for staff auditors on audit approach, principles, and professional work paper standards to ensure performance, work accuracy, associate engagement, and compliance with audit standards. Eterna Plc Internal Audit & Control Officer      2009 – 2015 Performed audits at branches, warehouses, and retail outlets and minimized operational risks. Conducted risk assessments and contributed to internal control enhancements at various revenue centres. Developed audit programs for operational, compliance, and financial audits. Recommended process improvements to enhance fraud detection and operational efficiency. Executed financial, compliance, and operational audits, including planning, fieldwork, and reporting. Education Post Graduate Degree - Business Analytics - March 2022 to December 2022 Cambrian College of Applied Arts and Technology, Sudbury, Ontario, Canada Advanced Diploma in Accounting & Business, 2018 (Equivalent to Canadian Bachelor’s Degree – WES) Association of Chartered Certified Accountants Professional Certificates Certified Information Systems Auditor (CISA), 2020 Information Systems Audit and Control Association Certified Internal Auditor (CIA) – In Progress The Institute of Internal Auditors Certified in Cybersecurity (CC) - 2024 International Information System Security Certification Consortium (ISC2) Associate Chartered Accountant (ACA), 2010 Institute of Chartered Accountants of Nigeria Professional Training The Institute of Internal Auditors: Internal Controls over Financial Reporting (ICFR) – August 2025 Deloitte: Performing IT Audits in Complex Environments (2018) KPMG: Enterprise Risk Management & Risk-Based Internal Audit (2017) Page 3|3