Financial Accounting

Tade Akinkugbe

Vice President, Finance Markets Group

Lynbrook, NY

****.*****@*****.*** - 646-***-****

Highly motivated individual with multiple years of diverse experience planning, facilitating and leading client

specific finance and valuation engagements and deep understanding of accounting principles for GAAP and

IFRS. Exceptional team-player with excellent interpersonal, analytical and communication skills, both verbal

and written.

Experience providing valuation and financial advisory services related to mergers and acquisition, target

screening, M&A due diligence, business valuation (tangible and intangible assets; and liabilities), spin-off

and carve-out, divestitures, corporate finance and strategy, financial reporting, tax planning, stock-based

compensation and asset impairment testing.

WORK EXPERIENCE

Vice President, Finance Markets Group

Makosi Consulting - New York, NY - March 2014 to January 2015

Clients: (American Express Inc., EisnerAmper LLP)

• Provided guidance to the project teams on technical accounting matters including GAAP guidance for

business combinations under common control and developed Bank Holding reporting documentation for a

restructuring deal worth $900 million

• Performed income and market based fair market value and equity analyses for various U.S and international

entities in line with GAAP and IFRS requirements, including developing discount rates such as WACC and

ICOC

• Proactively assisted clients in evaluating new accounting standards and the accounting implications of new

transactions to assess the impact on certain regulatory reports for Q1 and Q2 from a business combination

perspective

• Performed the fair value analysis for the divestiture of a business group including the allocation of value to

legal entities within the business group.

• Performed substantive procedures to test the fair value analysis, specifically Level 2 and 3 Marketable and

Non Marketable securities in line with ASC 946 and ASC 820 for Hedge Funds and Private Equity firms

Business Valuation Senior Associate

Deloitte Financial Advisory Services LLP - New York, NY - July 2008 to January 2014

Performed detailed financial and valuation analysis including financial projections and DCF models,

comparable analysis, and merger impact and accretion/dilution analysis

• Conducted complex valuation modeling and financial analyses involving various methodologies, including the

income approach (discounted cash flow, excess earnings, and relief-from-royalty), market approach (guideline

public companies and guideline transactions), and cost approach

• Performed as a manager on several engagements with responsibility for communications with the client and

managing junior staff with respect to meeting deadlines, delegating tasks, and remaining within budget.

• Conducted fair value analyses of separately recognized goodwill, intangible assets, including in-process

research and development, developed technology, customer relationships, trademarks and trade names,

various types of contractual agreements, and contingent liabilities

• Executed purchase price allocations for financial reporting purposes post-merger and perform fair value

analyses for tax and management planning purposes, including reporting unit and legal entity valuations for

restructuring purposes.

• Evaluated tactical investment alternatives including performing target evaluations and developing financial

deal models for potential acquisitions and strategic planning purposes

• Assisted Deloitte Corporate Finance in identifying qualified strategic and financial buyers/sellers globally,

evaluating financing alternatives, and closing the transaction with the buyers/sellers and financing sources.

• Served as an external fair value specialist on audit reviews, utilizing guidance from FASB ASC 820 (Fair Value

Measurements and Disclosures), ASC 805 (Business Combinations) and ASC 350 (Intangibles - Goodwill and

Other) for clients in various industries including private equity

• Developed financial performance analysis including revenue and profit normalization; working capital;

balance sheet and cash flow trending; historical vs. forecasted operating performance; margins trending; and

budget-to-actual performance; and analysis of all KPI's driving financial performance

• Conducted extensive financial benchmarking, fundamental research (including industry, market and

economic analyses) and trend analysis

Associate (Internship)

Thomson Financial - New York, NY - July 2007 to December 2007

Conducted complex analysis of revenue, direct expenses, and unbilled activities of after-market research

users

• Performed pricing analysis used by the sales unit in re-negotiating contracts which resulted in 10% increase

in revenue

• Gathered information on independent research firms and helped grow the contributors by 5%

Equity Research Associate (Internship)

Ardour Capital LLC - New York, NY - March 2007 to June 2007

Conducted extensive financial benchmarking, fundamental research and trend analysis in order to assess

financial assumptions such as depreciation, working capital requirements and long term growth rates

• Performed fundamental research and analysis on publicly traded renewable energy companies resulting in

buy or sell recommendations

• Designed and managed financial models (using company filings and guidance) to analyze strategic goals

and understand current and long term trends

• Prepared daily, monthly, and quarterly reports on coverage companies using Excel and Bloomberg

extensively

Associate

Adesiyan.com (UK) - London - January 2005 to June 2006

Initiated the automation of the billing and collection processes thereby reducing billing cycle by from ten days

to two days and collection cycle from 90 days to 30 days

• Implemented the preparation of draft financials for submission to company accountants which reduced

charges by 50%

• Created monthly and quarterly performance measurement expense reports for presentation to the Managing

Director

• Managed operating and office expenses and reduced the cost of running the office by 30%

Associate, International Operations

Guaranty Trust Bank - Lagos - October 2002 to September 2004

Led a six-member endorsement team, trained new staff on UCP 500, basic accounting and trade services

modules

• Managed trade transactions of $15Million for V- Mobile; the second largest telecommunications company

in Nigeria

• Preparations of proposals for Director's presentation on improvement of International Operations and Export

financing procedures to the top 20 institutional customers which resulted in increased revenue by 15%

• Assisted managers in the analysis and valuation of financial statements of companies to be offered trade

financing

EDUCATION

Master of Business Administration in Finance

Fordham Graduate Business School - New York, NY

May 2008

ADDITIONAL INFORMATION

Specialties: Transaction Advisory, Target identification, M&A and financial due diligence, Valuation of Private

Equity Portfolios, Alternative Investments and Exotic instruments, Valuation of Business Enterprise and

Equities (DCF analysis, comparable company analysis, and precedent transaction analysis), ESOP, Intangible

Assets valuation (MPEEM, Relief-from-Royalty, Cost Approach), Goodwill Impairment Testing, Fair Value

for Regulatory Reporting purposes, Forecasting, Financial modelling, Financial statement analysis, Scenario

analysis and industry and competitor analysis.

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