Babajide AFFINNIH HND, MBA, ACTI, ACS, ACA
Head Internal Audit, Risk & Assurance at UTL Trust Management Services Limited- Claim this Profile
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Yoruba -
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English -
Topline Score
Bio
Credentials
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Masters Program (Master)
ESEP-LE BERGER - Ecole Supérieure d’Enseignement Professionnel-Le BergerAug, 2020- Oct, 2024 -
CIS
Chartered Institute of StockbrokersOct, 2016- Oct, 2024 -
CITN
CHARTERED INSTITUTE OF TAXATION OF NIGERIAJun, 2015- Oct, 2024 -
ICAN
The Institute of Chartered Accountants of NigeriaMay, 2012- Oct, 2024 -
Higher National Diploma
Lagos State Polytechnic IkoroduOct, 2009- Oct, 2024
Experience
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UTL Trust Management Services Limited
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Nigeria
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Financial Services
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1 - 100 Employee
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Head Internal Audit, Risk & Assurance
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Jun 2023 - Present
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Mutual Benefits Assurance Plc.
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Nigeria
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Insurance
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300 - 400 Employee
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Ag. Head, Internal Audit
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Jan 2022 - May 2023
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Internal Audit
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Oct 2012 - Jan 2022
CAREER HIGHLIGHTS1. Rated "Acceptable" by NAICOM's RBS Team during their supervisory inspection visit.2. Commended for productivity and made the Acting Head of Internal Audit.3. Executed several quality assurance check, resulting in over Multi-Million Naira recovery.4. Devised 3+ new control systems that optimized audit operations.5. Identified/resolved financial risks and devised measures to boost output.6. Prepared and managed audit budgets, and mitigated financial risks.7. Awarded as the “Most Centric Employee” (Audit) for 3 years consecutively.8. The only staff to have Headed Internal Control and Internal Audit functions in the department.WORK EXPERIENCE· Conducted 30+ audits of set policies and perform periodic system reviews.· Experience in audit reporting, internal controls, and financial analysis.· Timely preparation of various audit reports as required by the management and the board audit committee.· Develop 3+ audits and advisory plans to mitigate crystallization of risk.· Periodic system review aimed at improving the company’s processes and procedures for profitability.· Analyze & monitor the company’s risk appetite for prompt decision making.· Assessing technology risk and developing audit and advisory plans to avoid or manage.· Conducting Investigation on various fraudulent acts, in a view to guard against future occurrences and loss of resources· Preparation and Execution of Annual Audit Plans for the department.· Budget monitoring and analysing variances for decision making.· Fixed Asset Accounting: to ensure that all assets are used solely for business purposes, accurately classified, and properly accounted for.· Ensuring that various compliance reports to regulators are being reported.· Performing any of such legitimate duties and reports required of me while carrying out my duties. Show less
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OACO Professional Services (CHARTERED ACCOUNTANTS)
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Nigeria
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Accounting
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1 - 100 Employee
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Audit Senior
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Dec 2011 - Oct 2012
Stocktaking, checking and counting inventories. Final account preparation from incomplete records. Reclassification of operating expenses into their appropriate headings. Preparation of Fixed Asset schedule to obtain historical cost, accumulated depreciation and net book value. Vouching of transactions to relevant document with a view of obtaining necessary audit evidence. Review of accounts and bank reconciliation statement prepared Managing Accounts payables and receivables Age analysis of trade debtors Working capital management Show less
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GUARANTY TRUST BANK PLC
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Rwanda
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Banking
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1 - 100 Employee
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Intern
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Dec 2006 - Dec 2007
CUSTOMER SERVICE TRANSACTION OFFICER CUSTOMER SERVICE TRANSACTION OFFICER
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Education
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ESEP Le Berger, Benin Republic
Master's degree, Accounting, Finance and Audit -
Institute of Chartered Accountants of Nigeria
ACA, Accounting -
Chartered Institute of Stockbrokers
ACS, Stockbroking and Investment -
The Chartered Institute of Taxation of Nigeria
ACTI, Taxation, Taxation -
Lagos state polytechnic, Lagos State
Bachelor's degree / HND, Accounting