Experience

African Capital Alliance

• Nigeria
• Investment Management
• 1 - 100 Employee

• • Apr 2016 - Present

  African Capital AllianceFund Accountant 2September 2013 till dateAfrican Capital Alliance Limited (ACA) is a leading private equity and pan-African investment firm. It is sponsoring funds and managing investments in Sub-Saharan Africa. ACA has raised over US$1.2billion in capital commitments which has been deployed via five private equity funds.(Fund Accountant/Financial Controller of Capital Alliance Private Equity II Limited (CAPE II) – a closed end Fund with over $100m in capital commitmentFund Accountant/Financial Controller of Capital Alliance Private Equity III Limited (CAPE III) – a Closed End Fund with over $300m in capital commitmentFund Accountant/Financial Controller of Capital Alliance Private Equity IV Limited (CAPE IV) – a Closed End Fund with over $500m in capital commitmentFund Accountant/Financial Controller of Capital Alliance Property Investment Company LP (CAPIC LP) – a Closed End Fund with over $100m in capital commitment. This Fund was raised for investment in Real Estate.Fund Accountant/Financial Controller of Pioneer Management & Business Ventures LLP (Pioneer LLP) – a Closed End Fund with over $40m in capital commitment.Fund Accountant/Financial Controller CAN Private Equity Fund LP (CAN PE) – a Closed End Fund with over $60m in capital commitment)Apr 2016 –till date Identifying financial status by comparing and analyzing actual results with plans and forecasts for the Funds’ portfolio and recommending actions by analyzing and interpreting data and making comparative analyses;  Preparation of Annual Audited Accounts for LPs,  Manage and prepare complex reporting requirements for the different SPVs under CAPE III through which it is invested in port-folio entities in West Africa Putting together a monthly update on the liquidity position and quarterly forecasts for the Funds Show less

• • Sep 2013 - Present

  September 2013 till dateAfrican Capital Alliance Limited (ACA) is a leading private equity and pan-African investment firm. It is sponsoring funds and managing investments in Sub-Saharan Africa. ACA has raised over US$1.2billion in capital commitments which has been deployed via five private equity funds.(Fund Accountant/Financial Controller of Capital Alliance Private Equity II Limited (CAPE II) – a closed end Fund with over $100m in capital commitmentFund Accountant/Financial Controller of Capital Alliance Private Equity III Limited (CAPE III) – a Closed End Fund with over $300m in capital commitmentFund Accountant/Financial Controller of Capital Alliance Private Equity IV Limited (CAPE IV) – a Closed End Fund with over $500m in capital commitmentFund Accountant/Financial Controller of Capital Alliance Property Investment Company LP (CAPIC LP) – a Closed End Fund with over $100m in capital commitment. This Fund was raised for investment in Real Estate.Fund Accountant/Financial Controller of Pioneer Management & Business Ventures LLP (Pioneer LLP) – a Closed End Fund with over $40m in capital commitment.Fund Accountant/Financial Controller CAN Private Equity Fund LP (CAN PE) – a Closed End Fund with over $60m in capital commitment)Apr 2016 –till date Identifying financial status by comparing and analyzing actual results with plans and forecasts for the Funds’ portfolio. Improves financial status of portfolio companies by analyzing results; monitoring variances;  Recommends actions by analyzing and interpreting data and making comparative analyses;  Preparation of Quarterly Management Accounts for the Funds' Preparation of Annual Audited Accounts for the Funds Manage and prepare complex reporting requirements for different SPVs  Preparation and Submission of all regulatory and statutory periodical reports Reviewing of Fund agreements & LPAs and summarizing key provisions and deliverables Show less



First Nation Airways

• Ikeja, Lagos

• Audit Executive

  • Nov 2011 - Mar 2012

  Cost Control: Pre-payment and post-payment audit of expenses Review of vehicle maintenance and fuelling expenses Keeping log of purchases made and enforcing strict compliance with predetermined budgets Monitoring and evaluating project expenditure and systems daily to ensure integrity of the job ledgers. Checking of in-flight catering items returned from flights Account and Financial audit: Cash /bank Payment Vouchers verification Periodic impromptu visits/test check to catering stores for physical counts crossed checked with stock bin cards. Budget monitoring Verification of refund application forms to ensure compliance with the refund policies and procedures Monitoring the financial expenditures of a project Periodic impromptu visits/test check to engineering stores for physical counts cross checked with stock bin cards Bank Statement Reconciliation Revenue Audit: Checking of Ticket Sales Report (TSR) to ensure compliance with the sales policies and procedures on issuance and reporting of tickets. Verification of aircraft vouchers Evaluating and monitoring the quality and flow of information within the project and from internal and / or external service providers to ensure the correct, efficient and complete recording of financial records and forecasts, seeking advice where communication and data flow is incomplete or inaccurate. Comparison of passenger log sheet with Boarding Passes/Manifest Surprise spot checks/Cash count at outstations and POs Review of excess baggage reconciliation. Verification of cargo sales reports (airway bills) to ensure compliance with company policies and procedures Physical monitoring of activities at the check-in counters and boarding gates Admin/ Human resources Audit: Verification of technical report forms for aircraft parts to be released for repairs Assessing levels of compliance with established procedures Checking of all stock replenishments/items received into store to be documented into the store bin cards. Show less



DANA AIR

• Ikeja, Lagos

• Internal Auditor

  • Oct 2010 - Nov 2011

  Revenue Audit: Verification of Daily Ticket Sales Returns Critically evaluating and moniting the quality and flow of information within a project and from internal and / or external service providers to ensure the correct, efficient and complete recording of financial records, seeking advice where communication and data flow is incomplete or inaccurate. Tracking the utilisation of Manual Boarding Pass (MBP) Tracking the utilisation of Manual Tickets (MT) Surprise spot checks/Cash count at outstations and POs Review of excess baggage reconciliation. Verification of cargo reports Account and Financial audit: Budget monitoring Monitoring the financial expenditures of a project Bank Statement Reconciliation Creating financial reports that track current spending in relation to overall budgets Cash /bank Payment Vouchers verification Verification and vouching of imprest system (petty cash) maintained in other stations. Observation of stock taking exercises for Boarding Passes(BPs)on weekly basis and report thereon to Management and Reporting Department Admin/ Human resources Audit: Assessing levels of compliance with established procedures Other Responsibilities: Stock count of consumables available in catering stores Verification of physical assets Quarterly inspection of aircraft parts in Engineering Stores. Provision of objective view on the control environment Show less



Cosann Intergrated Ventures Limited

• Marina. Lagos

• Account Officer

  • Jul 2009 - Jun 2010

  Responsibilities: Preparation of Monthly reports and financial statement; Ensuring that expenditures falls within the stipulated budgets Preparation of bank reconciliation statement, Ensuring timely replenishment of petty cash imprest to support the day to day petty cash expenses Regular updating of cash balances and reconciliation of all control accounts; Collating and analyzing data on cash movements and bank charges Responsibilities: Preparation of Monthly reports and financial statement; Ensuring that expenditures falls within the stipulated budgets Preparation of bank reconciliation statement, Ensuring timely replenishment of petty cash imprest to support the day to day petty cash expenses Regular updating of cash balances and reconciliation of all control accounts; Collating and analyzing data on cash movements and bank charges