Chief Financial Officer

• Apr 2022 - Present

Business Strategy: I contribute to the formation of the Business Strategy and ensure that all financial policies, procedures and systems are sound. I oversee the preparation of Annual Operating Plan, Business Financial Plan and Analytics. I provide financial direction, planning and accounting to the business, covering short term and long-term financial goals. Liquidity & Treasury Management: I ensure that optimal liquidity is available to deliver business plan. I review working capital/cash flow requirement on a regular basis I monitor banking activities for the entire Group for proper running and ensure regular reconciliations of all banking transactions with the cash books. Budgeting and Financial Forecast: I am involved in developing plans, budgets, forecasts and financial results to guide management decisions by forecasting requirements; analyzing variances and initiating corrective actions. Financial Analysis & Interpretation: I monitor financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances. I am responsible for presenting and reporting accurate and timely historical financial information of the Group (Company and subsidiaries) I also report financial status by developing forecasts; reporting results; analyzing variances; developing improvements. I coordinate financial reports coming from companies (subsidiaries and associate) within the Group. Regulatory & Statutory Relationship: I oversee the coordination and activities of independent auditors (Internal and External Auditors) I coordinate regulatory and supervisory functions I manage relationship with regulatory and statutory bodies, i.e. NAICOM, FIRS, Lagos State Internal revenue Service, etc. Strategic Positions: I sit on the Board of three subsidiaries of the Group as the director as well as Financial and Strategic Business Partner. Show less

Chief Financial Officer

• Apr 2019 - Mar 2022

• I coordinated the financing and accounting activities of the company. • I was responsible as both Business Partner to the CEO and for the Financial and internal controls management, in accordance with corporate policy. • I was intimately involved in strategic planning, execution and integration. • I catalyzed business development strategies; support with action-oriented financial analyses • I manage of working capital and cash flow forecasting to engender efficient and effective treasury. • I review and approve monthly/quarterly and annual financial reporting materials and metrics in accordance with IFRS, regulators and gr • I supervised the rendition of various reports to the Holding Company within the permitted timeline. • I coordinated the preparation and management of budget to optimize expenses effectively. • I managed and mentored staff in Finance and Accounts Department. • I developed and implemented cost saving initiatives and ensure efficient and effective use of company resources. • I was also responsible for tax filings (federal and state) • I acted as liaison officer with customers, regulators, Governmental Agencies, intermediaries and Group Office Show less

Principal Consultant

• Apr 2017 - Mar 2019

Manage Audit and Assurance engagements from beginning to the end with follow-up on implementation of audit recommendations. Team lead on Advisory services to clients in financial and management matters. Analyzing, designing, scheduling and delivery of solutions to meet clients expectations. Evaluating existing systems and making recommendations for improvements in Business Process Re-engineering engagements Designing prototypes and proof of concepts solutions that best fit clients needs. Advisory functions to clients on major decisions that could affect their fortune. Resource person in clients periodic retreat in an advisory role Conducting tailor made trainings for account staff of clients in specific and industry matters. Managing and mentoring of my team members. Ensuring clients satisfaction throughout the project life cycle. Show less

Group Chief Finance Officer

• Mar 2010 - Mar 2017

• Setting the short, medium and long-term strategies of the company in terms of growth and profitability, • Working closely with other functions to constantly develop and improve the systems and practices. • Drive the organization to meet set profit targets through an effective budgetary control system. • Cash flow management and capital expenditure. • Manage the Accounting and MIS functions of the Company including the computer unit. • Develop and implement Accounting manuals and processes. • Prepare financial statements (monthly & annual) within company and group reporting timelines. • Ensure accurate and appropriate recording and analysis of revenues and expenses. • Bank relationship management. • In-house consultant on strategy. • Financial audit preparation and coordination of the external audit process. • Supervise and train staff in the Finance/ Accounts department. • Analyze financial information to recommend or develop efficient use of resources and procedures; • Provide recommendations and maintain solutions to financial problems. • Statutory and Taxation compliance. • Strategic planning for the organization. • Intercompany balances reconciliation • Coordinating the responses at any time on issue raised on the management account • Secretary to the General Purpose Committee of the expanded Board. • Secretary to the Audit Committe Show less

Senior Executive-Finance

• Aug 2007 - Feb 2010

• Preparation of supporting schedules to all ledgers in the financial statements. • Bank accounts’ reconciliations and bankers’ relationship officer. • Treasury and cash flow planning and management. • Budgeting and budgetary control functions • Maintenance of fixed assets registers, ledgers and schedules. • Preparation of monthly departmental projections and bringing out variances of actual performances. • Maintenance of accounting records and credit control for margin customers. • Preparation of financial statements. • Analytical review of financial statements and interpretation of the figures. • Reconciling the offer accounts for issue of shares and bonds. Show less

Audit Supervisor

• Feb 2004 - Aug 2007

Audit Jobs handled: • Union Bank Plc – Branch visit and Head office audit. • Coop Savings and Loans Limited – Branch visit and Head office audit. • International Breweries Plc, Ilesha. • Kopek Construction Limited. • General Data Engineering Services Plc (Skanet) • Bowen University, Iwo. • Odutola Industries Plc. • Energy Foods Company Limited. • Vina International Limited. • Steel Works Limited, Ibadan. • Khalil & Dibbo Transport Limited. Job Schedule: Bank Clients; • Performing compliance tests on various operations of branches of banks visited as follows: o Opening, operating and closing procedures of current, savings and deposit accounts; o Control of fixed assets in the branches; o Cash holding limit;. • Working on loans and advances portfolio of branches visited as follows: o Correct classification of loans and advances as stipulated by the Prudential Guidelines; o Adequate provisions are made on each class of loans and advances; o Adequacy and perfection of securities pledged on the facilities. • Working on other assets and liabilities. • Reviewing the inspection reports and reporting on the branches’ level of compliance with the recommendations therein. • Writing reports of findings and making necessary recommendations as required by each branch’s circumstances. Job Schedule: Non Bank Clients • Working on the fixed assets of the clients. • Compiling client’s capital allowances on qualifying capital expenditures for tax purposes. • Performing compliance tests to ascertain that the internal control procedures are been followed. • Witnessing the annual stock taking exercise of clients. • Carrying out work on clients’ creditors and debtors to ensure completeness, validity, accuracy of the balances. • Validating all balances on the financial statements and raising audit journals to correct any error encountered. • Writing up of audited financial statements. • Writing reports of various findings and making necessary recommendations on the findings. Show less

Assistant Province Accountant

• Sep 2002 - Aug 2003