Page *
Akinjobi Oluseyi Simeon, BSc, MSc, FCA, FCCA, ACTIN
Address
**, ******* ********, *** ******* Street,
New Oko Oba Agege, Lagos, Nigeria
Tel: +234**********
Email:
Personal Details
Marital Status:
Nationality:
State of Origin:
Date of Birth
************@*****.**
Married
Nigeria
Lagos State
13th October 1972
Professional Profile
A confident, versatile and highly motivated professional who offers a wealth of business analysis and development knowledge alongside the ability to implement and support projects across diverse channels and teams. Confident in leadership, ensuring the conduct of all business with integrity and accuracy, and managing successful projects in the long term in order to secure tangible results for both employer and client. An adaptable and results-driven manager who possesses proven negotiation skills, strong planning abilities and is comfortable driving strategic direction and best practice on a daily basis. Possesses a wide knowledge and thorough understanding of the operational aspects of the investment banking and financial services industry in both front and back office. Key Areas of Expertise
Financial Reporting ( Internal & external)
Treasury Management
General Management
Procurement Administration & Inventory Mgt
Critical Internal Audit Tests & Procedures Credit Risk Review
Audit Programs & Procedures Reconciliation & Reporting
Teamwork & Mentoring Investment Banking
Financial Control Process Design & Monitoring Capital Raising
Cash Flow Projection & Management IFRS Training
Budgeting and Budgetary Control Monitoring
JV Accounting & Financing
QHSE Monitoring & Management
Operations Management
Project Management
Project Financing
Capital Raising Experiences
I am working with a team and external consultants as regards one of Sahara Entities in upstream activity which is being prepared for dual listing on Lagos and London exchanges, where a total of USD$600m will be raised in equity while USD$800m will be raised in debt capital.
Drove Arco Marine & Oilfield Services USD$20million Asset acquisition finance from GT Bank Plc.
Packaged another Arco Marine & Oilfield Services USD$30 million Asset acquisition finance & working capital finance from Sterling Bank Plc.
Package Wise Property Limited’s Project Capital raising of N5 Billion for various Housing Projects from Wema Bank Plc.
Worked in conjunction with Nationwide Equipment Services, USA, in arranging equipment finance for Arco Marine (this was in advance stage before leaving the Company). Page 2
Career Summary
Sahara Group
Successful organisation actively involved in the downstream, midstream and upstream sector of the Nigerian oil and gas industry, recently acquired government assets and investments to became a major investor in the power sector operating from Nigeria, London & Singapore Jan 2016 – Present Senior Manager, Group Head of Audit
(Ikeja Electric, Rak Unity Petroleum Plc, Sahara Energy Field, Sahara Group, First Independent Power Ltd.) Report to the Finance Director (One of the Owners)
Responsible for the successful management of all financial accounting, monitoring and reporting systems towards the achievement of company objectives
Evaluates and provides reasonable assurance that risk management, control, and governance systems are functioning as intended and will enable the organisation's objectives and goals to be met
Reports risk management issues and internal controls deficiencies identified directly to the audit committee and provides recommendations for improving the organisation's operations, in terms of both efficient and effective performance
Evaluates information security and associated risk exposures
Evaluates regulatory compliance program with consultation from legal counsel
Evaluates the organization’s readiness in case of business interruption
Maintains open communication with management and the audit committee
Teams with other internal and external resources as appropriate
Engages in continuous education and staff development
Provides support to the company's anti-fraud programs. Jan 2014 – Dec 2015 SAHARA GROUP, Senior Manager, Finance Group Report to the Finance Director (One of the Owners)
Responsible for supervising Sahara Energy Field Limited (Exploration & Production arm of the Group) from the Group office.
Responsible for internal audit review of Sahara Energy Field Limited account.
Responsible for performance management and budget of SEFL financials
Responsible for the successful management of all financial accounting, monitoring and reporting systems towards the achievement of company objectives
Managing joint venture accounting and financing.
Successfully building and maintaining relationships with external stakeholders including auditors, solicitors, bankers and statutory organizations such as the FIRS and State Internal Revenue Service
Administered strict budget control, ensuring financial policies are implemented efficiently and in adherence with all regulations and general accounting practice
Maintaining an awareness of changes in both local and international financial regulations and legislation
Prepared and delivered accurate quarterly and annual financial statements on operating entities within specific deadlines
Successfully manage all banking and treasury activities as well as capital raising activities
Undertaking technical and professional training on corporate and financial reporting, tax planning and management, risk management, financial modeling and corporate governance
Effectively managing an experienced financial services team towards targets and objectives Page 3
Mar 2011 – Dec 2013
ARCO MARINE & OILFIELD SERVICES LTD, Financial Controller Deliver contracts in the oil & gas and energy sector, operating from four main offices in Lagos, Warri, Port Harcourt and London
Report to the MD
Supported the MD / CEO to manage all financial and accounting activities to deliver the efficient operation and growth of the company
Designed and developed key financial processes and cost-effective accounting systems to effectively manage budgeting, financial and management accounts, and reporting
Collate data in respect of budget.
Prepare Company’s consolidated budget for board’s approval.
Monitoring of budget performance on monthly basis and reporting to each budget holders of variance analysis.
Successfully administering adequate control systems and processes to secure assets and efficient operations
Managed a team of direct reports through effective motivational techniques and transparent communication
Developed and implemented efficient working capital strategy and optimal risk management strategy including insurance of the assets
Delivered prompt and timely rendition of returns to relevant agencies Apr 2010 – Mar 2011
WISE PROPERTIES LTD, Chief Financial Officer
Leading property and facilities management organization, subsidiary of Wema Bank Plc, Lagos, Nigeria
Responsible for effective delivery of budget control, management accounts and reports, general ledger, and account reconciliations
Directed and managed expenditure and annual budgets toward annual departmental goals and objectives
Delivered accurate weekly and monthly financial reports to the Managing Director
Ensured compliance with all federal regulations and statutes, internal policies and procedures to ensure safe business operations and the disclosure of requirement financial, operational and management information
Maintained knowledge of current market and industry news, regulations and policies, whilst maintaining relationships with the financial community and industry trade groups
Delivered liquidity strategies to realize commitments, member credit needs, utilize investment opportunities and meet contingencies
Jan 2010 – Mar 2010
ADE, ADEBANBO ADELALU & CO CHARTERED ACCOUNTANTS, Consultant ADE, ADEBANBO ADELALU & CO CHARTERED ACCOUNTANTS, Consultant Audit major exploration & production (E&P) companies Report to the Manging Partner
Responsible for effective delivery of budget control, management accounts and reports, general ledger, and account reconciliations for E&P client companies
Responsible for carrying out internal audit review for these companies
Responsible for preparing tax accounts for some of the E&P clients. Jan 2009 – Dec 2009
INTERCONTINENTAL BANK PLC, LAGOS, NIGERIA
Deputy Manager / Head, Collateral Management
Apr 2008 – Dec 2008 Deputy Manager, Credit Risk Control Sep 2007 – Mar 2008 Deputy Manager, Regional & Branch Controls Mar 2003 – Sep 2007 Budget, Management Accounts / General Ledger Jan 1997 – Jul 1999 ADE, ADEBANBO, ADELALU & CO CHARTERED ACCOUNTANTS, Audit Senior Jan 1993 – Dec 1996 SYNDICATED METAL INDUSTRIES LTD, Project Accountant / Admin Manager Page 4
Education and Qualifications
PhD (In view) Management
Walden University, 2018
MSc Financial Economics
University of London, 2013
BSc (Hons) Applied Accounting
Oxford Brookes University, 2001
Diploma Accounting
Federal Polytechnic, Ilaro, Ogun State, Nigeria, 1992 Professional Associations and Memberships
2014 Fellow Member (FCA) Institute of Chartered Accountants of Nigeria 2012 Associate Member, (ACTI) Chartered Institute of Taxation of Nigeria 2007 Associate Member (ACFE) Association of Fraud Examiners, USA 2007 Fellow Member (FCCA) Association of Chartered Certified Accountants, UK 1998 Graduate Member (CIPMN) Chartered Institute of Personnel Management of Nigeria Ongoing Professional Training
2015 Certified Institute of Auditors,( CIA), UK
2012 International Financial Reporting Standards (IFRS), ICAN 2011 International Financial Reporting Standards (IFRS), ACCA 2011 QMS Documentation Course, Bureau Veritas
2011 QMS Internal Audit Course, Bureau Veritas
Key IT Skills
Peachtree, Quick Books Pro, Globus Equation, Oracle ERP, Microsoft Word, Excel, PowerPoint, Financial Modeling REFERENCES ARE AVAILABLE ON REQUEST