dare shonde

Chief Financial Officer at Standard Alliance Insurance Plc
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Contact Information
Location
Nigeria, NG

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Experience

    • Nigeria
    • Financial Services
    • 100 - 200 Employee
    • Chief Financial Officer
      • Jun 2017 - Present

      Perform oversight function in relation to company's overall financial control and reporting. Manage the resources of the company in such manner as to optimize returns and minimize costs. Advise and spearhead all strategic financing arrangements of the company. Coordinate with other functions to ensure timely rendition of all statutory and regulatory returns. Facilitate the smooth conduct of the duties of the independent auditors and ensure timely delivery of audited financial statements in line the Board's expectations. Maintain cordial relationships with Regulators and Tax Authorities particularly, NAICOM, NSE, FRCN, FIRS, SIRS etc. Show less

    • 700 & Above Employee
    • Financial Analyst
      • Aug 2008 - Apr 2011
    • Senior Manager - Finance & Accounts
      • Aug 1993 - Aug 2008

      Feb 2007 - Aug 2008: - Head - Life Accounts: Daily monitoring of Agency Premium collection Supervision of Agency commission payment Ensure timely payment of Life Claims, Surrenders, Withdrawals Preparation of daily funds flow statement Ensure that branch returns are properly rendered and validated Ensure the updating of the company’s Life books of accounts Preparation of periodic financial statements Liaising with the Investment department, for investment of surplus funds. July 2001 - February 2007 Head – Finance & Accounts of Postal Life & General Insurance Company Ltd: Set up the accounting and financial control system for the IGI newly acquired company. To update the company’s books of accounts and prepare monthly financial statements. Supervising the activities of the treasury unit. Supervising the activities of the credit control unit. Preparing periodical reports to the parent company – IGI on the financial position of the company. Representing the company at Pension Boards of Trustees meetings. Coordinate with Group Investment office for Investing funds as approved, in the money and capital markets. Preparation of statutory annual returns to NAICOM. Other ad-hoc assignments from the parent company, like serving on Due- Diligence committee during the Insurance Industry consolidation. May 1999 - June 2001: Assistant Manager - Management Accounts: Supervising the posting of financial transactions Collation of branch returns for appropriate actions Ensuring up to date preparation of bank reconciliation statements. Maintaining Asset Register Preparation of schedules to account balances. Taking part in the preparation of annual budget Preparation of CBN quarterly returns. August 1997 – May 1999: Assistant Manager – Treasury Supervising the payment of claims, administrative and other bills. Preparation of weekly cash flow statement Advising on surplus funds utilization Relating with the company's bankers Aug 1993 -July 1997 : Head - Credit Control Show less

Education

  • Olabisi Onabanjo University(O.O.U)
    Bachelor's degree, Accounting
    2010 - 2012
  • Yaba College of Technology, Yaba, Lagos
    HND, Accounting
    1985 - 1990

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