Wale Adesegun, MFin, MCSE, FCA, CPA, CISA, CA
** *********** *** *.*. Calgary, AB T3J-2T1
Phone: 403-***-**** Cell: 403-***-**** Email: ****.********@*******.***
Profile
Professional Accountant (CPA) with over twenty years experience in increasingly responsible financial management and business development positions in finance, accounting, and internal controls, internal and external financial and IT audits. Strengths include general ledger, financial statements, financial analysis, budgeting, cash management, internal and external financial reporting. Prior experience in public accounting with one of the big 4 international accounting firm
Accomplishments
Developed standard Control Matrixes to simplify audit work reviews and the quality control process of the firm resulting in quality service delivery
Championed & coordinated the development of electronic working paper file for the firm that resulted in cost savings
Recovered over US$2 million in duplicate invoice payments for a U.S. client
Key Skills
Experienced in internal controls over financial reporting (SOX / NI 52-109 inclusive)
Designing operational effectiveness and risk assessments
Experienced in budgeting, planning, scheduling and reporting in a timely manner and good working of contract deliverables
Working knowledge of ASPE, PSAB, IFRS and Canadian GAAP
Working knowledge of data mining tools; MS Excel and Access, and major ERPs (SAP R/3, Oracle, JD Edward, PeopleSoft, Cognos, QuickBooks, ADP, Sage, Financial Edge)
Excellent knowledge of IT databases and platforms of UNIX, Linux and windows.
Professional work experience
Controller, Financial Reporting (Contract)
Gozzanny Health Services Inc, Calgary Alberta 2/2014 – Date
Managed the implementation and successful migration of the company accounting systems from QuickBooks to JD Edward, 2 months less than planned resulting in significant cost savings.
Analysed and corrected the underlying processes and controls for the development of monthly financial statements in compliance with Canadian GAAP
Through financial modeling and analysis, advices the management through monthly management reports on cost curtailment and savings, business models that improves financial performance
Perform ongoing cash flow analysis against cash projections and decide on proactive actions to mitigate any cash short falls.
Manages policies & procedures including compliance with C-SOX (NI 52-109)
Follow-up on process gaps remediation and provide roadmap for process standardization and compliance with policies.
Oversight over payroll administration.
Managing the budget preparation collaboratively with the business units.
Coordinating the preparation of annual financial statements and the Management Discussion and Analysis (MD&A) including liaison with External Auditors for effective and seamless end of the year audit.
Coordinates payroll and benefits administration.
Consultant, Risk Analysis (Contract)
Cervus Equipment Corporation (Robert Half Consultant) 1/2016 – 4/2016
Reviewed and evaluated the internal control over financial reporting to redesigning key controls (Control Activity) as related to information technology general computer controls (ITGC) and application controls with COBIT/COSO framework as benchmark for best practice.
Evaluated internal controls design and operating effectiveness and used the result to redesigned control activities and operating process documents.
Followed-up on remediation plans.
Completed internal controls flowchart with the aid of Microsoft Visio for the financial application processes with the key controls properly identified.
Designed excel based automated working papers and reporting process.
PeopleSoft Security Consultant (Contract)
Enmax Corp, Calgary Alberta (Robert Half Consultant) 1/2015 – 05/2015
Managed PeopleSoft Security analysis and user security access in PeopleSoft Financials ensuring effective segregation of duties.
Reviewed all information and maintained accuracy in financial systems.
Managed compliance to documented procedures.
Manager, Internal Audit Services
Gozzanny Health Services Inc, Calgary Alberta 4/2013 – 1/2014
Developed short and long term plans and IT audit universe based on the risk assessments result to ensure efficient audit reviews that reduces cost by concentrating on the key areas of the business
Managed the compliance reviews of the internal controls over financial reporting in accordance with NI 52-109 (C-SOX) to ensure fair representation the company’s financial results
Identified reportable issues and dimension of risk, recommends and follow-up on remediation plans to mitigate the identified risks or gaps / deficiencies to ensure the company’s continuous improvement to maturity level.
Controller, Financial Reporting (Contract)
Stalwart Financial Services 6/2012 – 3/2013
Coordinated and Performed day-to-day accounting functions such as accounts payable, payroll, etc. ensuring the integrity and reliability of the financial systems
Managed financial planning and reporting process in accordance with US GAAP
Prepared the operational budgets as necessary and provide monitoring through variance analysis to assure budget discipline and cost savings
Managed project team in defining and documenting project objectives, scope and overall project approach.
Monitored and guided the project team in effective project performance evaluation
Coordinated with legal, property dealers, and other third parties for all leasing arrangements
Coordinated the negotiation of “Service-Level-Agreement” for Information Technology services
Maintained the general ledger and performed periodic reviews to ensure the integrity of the general ledger
Managed the preparation of financial statements and the financial reporting process including coordinating the preparation of corporate tax.
Information Technology Audit Specialist
FGL Sports Ltd, Calgary, Alberta 5/2011 – 5/2012
Identified control weaknesses and recognized opportunities for improvements / enhancements to ensure that IT resources are allocated in an efficient manner and provide value to the company business operations
Assessed and reported on both the adequacy & effectiveness of those IT key internal control activities (General Computer and Application Controls) that aim to manage risk and support the organization financial statements assertions.
Consultant, Internal Controls Assessment (Contract)
Direct Energy, Calgary, Alberta (IFG Consultant) 4/2011 – 5/2011
Ensured that all capital expenditure related to drilling was reviewed/approved as per the Delegated Level Authority
Consultant, Securitization Accounting (Contract)
Bridgewater Bank, Calgary, Alberta (Robert Half Consultant) 7/2010 – 12/2010
Analyzed/reviewed individual mortgages for issues relating to transition from legacy to current securitization accounting systems
Provided necessary documentation of analyses/reviews to facilitate external audits of pool mortgages
Manager, Audit (Assurance & Advisory)
M Jokodola Doye, CPA, Houston, Texas U.S.A. 9/2003 – 5/2010
Managed and completed 40 SOX (Sarbanes-Oxley) compliance consulting and 120 audit engagements (oil & gas, manufacturing, health, retails and banking & finance engagements) while operating within a very tight deadlines and budgets.
Managed 10 consulting engagements for Payment Card Industry Data Security Standard (PCI DSS) compliance reviews against ISO/IEC 27001 and 27002 frameworks
Worked collaboratively with audit team members to develop and/or implement COBIT/COSO risk based audit programs.
Assisted clients with International Financial Reporting Standards (IFRS) reporting, providing them advice on IFRS application and implementation of new accounting pronouncements.
Volunteer Experience
Institute of Chartered Accountants of Alberta, Calgary Tax Clinic 2012 – 2013
Prepared income tax returns for low income/senior Canadians
The Redeemed Christian Church of God, Calgary 2014 - Date
Minister in-charge of Finance
Coordinates and manages the Accounting team
Manages timely filing of GST returns and refunds, and annual information returns.
Coordinates the preparation of quarterly income and expenditure and funds accounts
Track the church revenues (internal and external generated funds) for the purpose of setting priority on fund drive focus.
Education and Training
Master of Financial Management (MFin.), University of Alberta 08/2014
Chartered Accountant (CA) - (Institute of Chartered Accountants of Alberta) 01/2012
Certified Public Accountant (CPA) - (AICPA, Michigan, U.S.A.) 11/2011
Production Accounting (CAPPA) – SAIT, Calgary, Alberta 11/2011
Certified Information Systems Auditor (CISA) 02/2005
Cisco Certified Network Professional (CCNP) 05/2001
Microsoft Certified Systems Engineer (MCSE) 02/2000
Fellow Chartered Accountant (FCA) – (Institute of Chartered Accountants of Nigeria) 01/1990