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Bio

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Damilare Awopetu is a seasoned internal auditor with 10+ years of experience in financial and departmental operations review, risk management, and compliance. He holds an ACA certification and a Master's degree in Finance.

Credentials

  • ACA
    The Institute of Chartered Accountants of Nigeria
    Nov, 2021
    - Apr, 2026
  • Accounting Fundamentals
    Corporate Finance Institute
    Aug, 2020
    - Apr, 2026
  • Reading Financial Statements
    Corporate Finance Institute
    Aug, 2020
    - Apr, 2026

Experience

  • Unitrust Insurance Co. Ltd.
    • Lagos State, Nigeria
    • Senior Internal Auditor
      • Jan 2024 - Present
      • Lagos State, Nigeria

      • Review of all department’s operations daily.• Branch visit for monitoring on a quarterly basis.• Improve the governance, risk management and compliance processes in the company by further establishing an effective and sustainable audit process.• Evaluates the adequacy and effectiveness of existing controls and information systems.• The review of returned premium, delayed business, and other related matters.• Provides advisory services to clients concerning the identification of risks and proffered realistic solutions.• Monitor the account/treasury to ensure that cash balances do not overshoot the Naicom regulation.

  • ETERNA Plc
    • Lagos, Nigeria
    • Internal Auditor
      • Mar 2022 - Jan 2024
      • Lagos, Nigeria

      a. Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.b. Handled all major risks in collaboration with management.c. Performed strategic planning, execution and finalization of audits using data analytics and critical thinking skills.d. Review the accuracy of sage processing of all raw materials (Base Oil, Additives) and packaging materials received into the Lube Plant.e. Review the accuracy of sage processing of all products loaded out to ensure that all products loaded out are invoiced to customers’ account.f. Conduct audit recommendations follow up.g. Confirm the Base Oil volume delivered to the plant. h. Investigated discrepancies discovered during auditing process.

  • OOP& PARTNERS
    • Ikeja, Lagos, Nigeria
    • Audit Senior
      • Feb 2017 - Feb 2022
      • Ikeja, Lagos, Nigeria

      a. Attend pre-audit and close up meetings.b. Delegated work to team members to ensure we meet audit goals.c. Assessed internal controls by identifying variances and recommending critical changes.d. Supervised and trained junior audit staff on how to effectively review processes.e. Developed and executed strategy for audit engagements.f. Led extensive audit programs based upon prior approved audit plans to evaluate management of institutional activities.g. Followed up to assess and report corrective action completion or progress.h. Analyzed accounting systems for efficiency and effectiveness.i. Prepare clients financial statements.AchievementsA. Effectively reduced the Tax liability from FIRS and LIRS for several clients.B. Developed and implemented contemporary cost effective accounting system that met the challenges and objectives of clients.

    • Account Officer
      • Apr 2014 - Jan 2017
      • Nigeria

      a. Reviewed documents and accounts for discrepancies and resolved variances.b. Prepare financial statements and consolidations after reconciling general ledger accounts.c. Set up and improved accounting systems and processes to meet business needs and maximize operational success.d. Prepared and reviewed budgets then communicate discrepancies to senior management.e. Completed year-end closing processes with controllers and external auditors.f. Reconciled balance sheets and streamlined best practices for balance sheet processes.g. Leveraged finance knowledge to strengthen controls and improve transparency.h. Handled month-end and year-end end finances by managing and reporting fixed assets and other data.i. Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.

Education

  • 2008 - 2014
    University of Lagos
    Bachelor’s Degree, Accounting
  • 2004 - 2006
    Yaba College of Technology, Yaba, Lagos
    Ond, Statistics
  • 2023 -
    University of Lagos
    Msc Finance (in view), Finance

Suggested Services

This profile is unclaimed. These are suggested service rates with 0% commision upon successful connection

Industry Focus. “Insurance”

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