Experience

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  Bell Oil & Gas

  • Nigeria
  • Oil and Gas
  • 100 - 200 Employee

  • Compliance & Internal Control Lead

    • Feb 2021 - Present

    Implement and manage an effective compliance & internal audits program.Maintain open communication with management and audit committee.Develop & review compliance policies. Plan internal audits of determined business Units.Prepare reports of audit findings and make recommendations.Manage and control the full audit program, including risk management and control management over operational effectiveness, and compliance with all applicable regulations.Liaise with and advise senior management on internal audit issues.Identify loopholes and recommend risk aversion measures and cost effectiveness. Conduct follow-up audits to monitor management’s interventions.Collaborate with external auditors & Set plans to manage a compliance violation.Develop processes to ensure compliance with IOCs requirements around doing business and develop detailed KYC policy and process to verify the source of funds into the company.Develop policies & monitor adherence around related party transactions & the company’s relationships with Politically Exposed People (PEPs)To ensure proper administration of EDD & Risk assessment of all new business relationships.Key Achievements:Committee Lead on the Whistleblowing and Anti-Bribery and Corruption Policy with Deloitte for Bell Oil & Gas Limited, which saw the achievement of the Policy Framework and Operational Guidelines 2021of Bell Oil & Gas.Manage the entire Due Diligence framework for all third-party engagement on the construction & the establishment of two subsidiaries of the company worth over USD10,000,000.00.Managed the entire project risk assessment for the construction & the establishment of two subsidiaries of the company worth over USD10,000,000.00.Developed the Standard Operating Procedure SOP of compliance unit 2020.Committee Lead on Due Diligence policy & and politically exposed persons policy for Bell Oil & Gas Limited, which saw the achievement of the Policy Framework and Operational Guidelines 2021of Bell Oil & Gas

  • Compliance & Internal Control Specialist

    • Nov 2019 - Feb 2022

     Implement and manage an effective compliance progam. Plan and deliver internal audits Programs. Determine internal audit scope and develop annual plans. Prompt and effective call over of all transaction journals in line with guiding policy to ensure completeness, validity, and accuracy of all transactions. Perform and control the full audit program, including risk management and control management over operational effectiveness, financial reliability, and compliance with all applicable regulations. Carefully assess the suitability of current internal controls, making suggestions for improvements where needed. Prepare and present reports that reflect audit’s results and document process. Conduct Compliance Investigation and prepare Compliance Investigation Report based on identified Suspicious Transactions red flags,

  • Senior Finance Officer.

    • Feb 2017 - Dec 2019

    • Assisting in the preparation of Management Account.• Provide advance receipt/down payment schedule from customers and status on each assigned customer.• Supporting all financing transactions by compiling and tracking requests from prospective financiers.• Ensure all payable related transactions generated are uploaded into SAP within 48 hours after receiving the information/documentation.• Ensure all loans are tracked, exist in SAP and evidence of interest re-computation with bank charges available monthly.• Ensuring all postings initiated in SAP have records that are traceable and easily retrievable.• Ensure monthly cash projection and the outgoing month’s cash flow performance are ready before the beginning of the new month.• Provide accurate payables aging report with schedule monthly. • Oversee and manage daily program-wide accounting and finance functions including timely recording of transactions, cash management, banking, payroll, inventory, receivables, and payables.• Plan and implement systems for financial operations, including systems for cash flow management, budgeting, consolidation of accounting information, internal controls, financial reporting, financial record-keeping, and compliance.• Supporting the Finance Manager and executives with projects and tasks when required

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  ACE FORENSIC ACCOUNTING SERVICES / OLUMUYIWA BASIRU & CO. FCT, ABUJA.

  • Abuja, Federal Capital Territory, Nigeria

  • Audit Team Lead

    • Dec 2015 - Feb 2017
    • Abuja, Federal Capital Territory, Nigeria

    • Ace Forensic Accounting Services / Olumuyiwa Basiru & Co. is an indigenous global group of companies that gives Audit, Tax, And Forensic Accounting services with professional approach to all private and public sector}• Maintain a high level of confidentiality when dealing with sensitive information.• Participate in the planning, execution, and completion of audit engagements.• Participate in training sessions and seminars to stay up to date on industry trends and best practices.• Ensures data backups and maintains storage of all relevant hard copies of accounting documents for clients.• Substantiates client’s financial transactions by auditing documents.• Reconciles financial discrepancies for clients by collecting and analyzing account information.• Prepares financial statements / reports for clients.• Work closely with senior management to develop and implement new policies and procedures.• Ensure that all work is completed in accordance with professional standards.• Provide guidance and support to junior staff members.• Analyze financial statements and other documents to ensure accuracy and compliance with applicable laws and regulations.• Prepare detailed reports on findings from audits.• Develop and maintain relationships with clients.• Identify potential areas of risk and suggest solutions for improvement.• Assist in developing audit strategies and plans.• Monitor progress against budgeted time and costs.• Performs Forensic Audit Services for clients.

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  OLUMUYIWA BASIRU & CO.

  • Abuja, Federal Capital Territory, Nigeria

  • Audit Trainee - NYSC

    • Dec 2014 - Dec 2015
    • Abuja, Federal Capital Territory, Nigeria

    A firm of Chartered Accountants. (Audit Trainee NYSC)• Learn about how the firm works as a business and adds value to clients.• Think broadly and ask questions about data, facts, and other information.• Use tools, techniques, and firm standard methodologies to support research, analysis and problem solving.• Produce high quality work which adheres to the relevant professional standards.• Keep up to date with technical developments for business area.• Communicate confidently in a clear, concise, and articulate manner - verbally and in written form.• Embrace diverse perspectives and welcome opposing and conflicting ideas.Uphold the firm's code of ethics and business conduct.