OYEKAN ADEYEMI ABIODUN PETER

** ****** ******,

Orola Bus stop, Ketu, Lagos.

adgn37@r.postjobfree.com; adgn37@r.postjobfree.com

080********, 080********

OBJECTIVE: To work in an organization where I will be given an opportunity to learn and bring out my innovative, entrepreneurial and supervisory ability with people of good team spirit, integrity and good Sense for Professionalism toward the attainment of the organizations corporate goals.

BIO DATA

Date of Birth: - 1st January, 1981.

State of Origin: - Ogun State.

Marital Status: - Married.

EDUCATIONAL QUALIFICATION:

Tertiary Education (Second Degree) - MSC Accounting (2018).

Babcock Univeristy, Ilisan, Ogun State.

- MBA Finance OAU. (2010/12)

Obafemi Awolowo University, Ife, Osun State, 2007.

(First degree) - B.SC Accounting (O.A.U, Second Class Upper, 2.1),

Obafemi Awolowo University, Ife, Osun State, 2007.

Secondary Education (W.A.E.C) - Mayflower Secondary School, Ogun State, (1993-1998).

Primary Education (P.S.L.C) - Omoleye Children School, Onipanu, Lagos (1986-1992).

PROFFESSIONAL QUALIFICATION:

Associate Member, Chartered Institute of Taxation, (ACTI) 2017.

Associate Chartered Accountant, A.C.A (ICAN), 2007.

Associate Accounting Technician, A.A.T (ICAN), 2004.

Graduate Associate Member Nigerian Institute of Management, AMNIM, 2008.

Proficiency Certificate in Management, NIM, 2008.

Skills

Financial analysis & modelling – Cash flow, revenue reporting, auditor selection, management reporting, cash forecasting, performance analysis. Exceptionally skilled in the use of MS Excel for modelling, econometric, statistical and fundamental analysis, reports and spreadsheets.

Business development – development of performance reports, consolidating different business unit performance, detailed budgeting and forecasting analysis on KPIs, ongoing process improvement leadership, variance reporting and investigation, accounts receivables & payables

Decision support expertise - Highly skilled in the complete analysis and interpretation of financial results and in providing financial advice (Strategic & Tactical) on the financial implications of various business initiatives (i.e., opening new operations, asset acquisition, product launch, growth, new markets and investments).

Business analysis & modelling - Knowledgeable and up to date with a wide range of qualitative business analysis tools, such as: Value Based Selling and Customer Value Chain Analysis, Porter’s 5 Force, Balanced Scorecard, Competitor Analysis, SWOT, PESTEL, Performance Pyramid etc.

Software experience – Microsoft GP Dynamics, Peachtree, QuickBooks, Statistical package for social scientist (SPSS),

Micro Soft Applications (Excel, Word, Power point), Retail Management Solutions (RMS).

RESERCH WORK.

The Impact of Information Communication Technology (ICT) on Companies corporate performance (Profitability and Customers Satisfaction)

Auditor perspective on window dressing of financial statements.

CERTIFICATION:

Fundamentals of IFRS 1 & Comprehensive IFRS 1 & 11 -AJ Silicon, November 2011.

IFRS Training -Deloitte, 2013.

Microsoft GP Dynamics & SAP -Data links Int.

Peachtree/Quick books & SPSS -Ultra Brains Nigeria.

JOB EXPERIENCE:

CONOIL PRODUCING LIMITED SENIOR ACCOUNTANT

Mike Adenuga Towers (5th Floor),

1 Mike Adenuga Close,

Off Adeola Odeku,

Victoria Island, Lagos.

February 1st, 2013 till date.

Responsibilities:

Accounting Functions:

Assists with the maintenance of accounting records in compliance with local and group regulations in an efficient and effective manner.

Oversee and manage quarterly and year-end financial closing processes.

Preparation of Annual Statutory Accounts and any required supporting analysis.

Liaise with and providing information to the Group auditors.

Ensure that all transactions are recorded and reported in accordance with statutory and local legal requirements.

Ensure operational day to day as well as long term filing of accounts.

Liaise with internal and external auditors with regards to accounting issues and internal control over Financial Reporting

Manage all internal and external financial reporting

Ensure timely reconciliation and approval of balance sheet accounts, subsidiary ledgers, and appropriate recognition of revenue and expense

Coordinate the collection, consolidation and evaluation of financial data; prepare actionable and informative reports for executive leadership

Analyses and resolves complex accounting and reporting issues, including interpreting external technical accounting proposals and pronouncements.

Assists in directing company implementation of new accounting and reporting requirements.

Acts as resource to major business unit and corporate initiatives as technical accounting and project management expert.

Develops and implements accounting policies and procedures to ensure external financial statements are in accordance with generally accepted accounting principles and internal management reports are consistent with established policies and procedures.

Provides technical accounting support for transactional due diligence and purchase accounting.

Budget preparation, review, implementation and execution towards the attainment of the corporate goal of the organization.

Tax functions:

Ensure that tax liabilities are accurately recorded in the General Ledger including Direct, Indirect and Deferred Taxes.

Manages the collection of WHT credit notes from clients and maintain reconciling schedule to validate the recoverable WHT deducted by client’s accounts.

Prepares monthly reconciliation of Output VAT to turnover and reconciles the amount to VAT withheld by clients.

Keeps an up to date schedule of 1% NCD fee deducted by customers with evidences of remittance on behalf of BINL.

Keeps record of supplier’s tax identification number (TIN) and ensure monthly remittances of WHT deducted by company.

Keeps record of and ensures prompt payment of ancillary taxes & levies such as property tax, development levy and rates due to relevant tax authorities.

Ensure prompt remittances of PAYE deductions from payroll and for Expatriates employees due to Rivers, Lagos & Delta States.

Prepares monthly provisions for all taxes, including non-payroll PAYE.

Prepares monthly reconciliation of all tax accounts in the GL.

Prepares deferred tax computation & annual Income Tax and Education tax computations for return to FIRS.

Risk Management & Compliance: (February 2013 –March 2014)

Define the strategic direction for the Internal Audit function which align with the overall strategic goals of the companies

Contribute to the formulation of Audit policies and procedures in accordance with generally accepted audit principles and standards

Contribute to the annual 3 year audit plan for approval by the CFO and the Audit and Risk committee

Hands-on execution of the annual audit plan and reporting as required

Lead audit teams in conducting assessments on the quality and effectiveness of the internal control framework, risk management and governance

Assist with the presentation of plans, audit findings, areas of concern, and progress in addressing prior issues to the Audit & Risk Committee,

Supervise and ensure that post audit action plans are implemented and adhered to by relevant personnel

Conduct special investigations based on available information to resolve procedure and financial breaches in internal systems

Provide risk assessments of policies, critical projects and system developments

Ensure adequate Risk Management processes are introduced into the company and continual improvement of the company's risk management framework

Review Compliance Audits, Special Assignments from the Audit Committee and Top Management Committee with respect to risks assessment and risk prevention, corporate and statutory compliance and review compliance of Standard Operating Procedures (SOP) and amend them from time to time in line with business and legislation changes.

Work with Management to ensure a system is in place which ensures that all major risks are identified and analysed, regularly and periodically and risk prevention mechanisms installed.

Review and report on compliance with the Corporation’s underwriting policies and guidelines to ensure strict compliance to the set guidelines.

Review and report on the overall profitability for the year under review as well as the profitability by cedant and by line of business,

Debt Management and Treasury

Fund management – Ensure adequate funds available for operational payments and priority wise utilization of funds.

Bank Reconciliations of various bank accounts and timely clearance of outstanding items.

Ensure no revenue leakage and Monitor Petty Cash.

Ensure timely and accurate raising of customer invoices (charter and other revenues) and subsequent debt collection.

XL MANAGEMENT SERVICES AST. HEAD, ERMC - Samuel Manuwa Street,1004, Victoria Island, Lagos

October 2012 – January 2013.

Responsibilities:

Audit Management:

Develop and implement the internal audit strategy, policies, procedures and annual audit plan; identify priorities and resource requirements for the year in line with strategic goals of the company.

Plan and lead financial, regulatory, compliance and operational audits, covering branch operations across Nigeria.

Develop action plans to address gaps and emerging issues; provide recommendation and proffer solutions.

Monitor implementation of recommendations proposed by Internal Audit and the External Auditor to ensure issues are adequately addressed.

Conduct risk assessment; recommend and deploy mitigating strategies

Coordinate internal audit activities with those of the External Auditor to ensure proper audit coverage, eliminate duplication of efforts and improve the efficiency and effectiveness of audit activities.

Maintain audit files and records including audit procedures and reports; document the result of audit work in accordance with the Institute of Internal Auditors (IIA) standards.

Support year-end financial audit by the External Auditor.

Reporting:

Present annual audit plan to the Audit Committee including periodic status updates.

Prepare timely audit reports for the Board of Directors, Audit Committee and executive management.

Report on audit/internal control findings to the Audit Committee periodically.

Review and ensure reports of all audits, investigations and special assignment are in line with best practice.

Communicate management responses on audit findings and corrective actions to various departments.

Compliance and Control:

Monitor and ensure compliance with corporate policies, standard operating procedures, statutory and regulatory requirements across the Group.

Review new and existing products, services and procedures to ensure regulatory compliance.

Develop and implement effective control systems.

Assess internal controls within the system and make appropriate recommendations to improve efficiency and effectiveness.

Take appropriate actions to close or mitigate control deficiencies identified.

Promote compliance with internal policies.

Coordinate with Risk Management, Legal and Compliance on other control related activities.

Advisory:

Keep abreast of developments in good corporate governance practices and advise management accordingly

Oversee the execution of other tasks or special projects as required by management including reviews of systems, due diligence reviews, fraud investigation, etc.

Collaborate with executive management and business managers to identify and manage risks

LITERAMED PUBLICATIONS NIGERIA LIMITED SENIOR INTERNAL AUDITOR

Plot 45 Morison Crescent, Ogba, Lagos. April, 2010 – September 2012.

Responsibilities:

Accounting & Procedural Functions

To monitor the integrity of the financial statements (Profit and loss, Balance sheet, Value added statement and the cash flow statement) of the Company and ensuring the implementation of any formal announcement relating to the company’s financial performance and significant financial judgments contained in them.

To monitor the integrity of the financial statements (Profit and loss, Balance sheet, Value added statement and the cash flow statement) of the Company and ensuring the implementation of any formal announcement relating to the company’s financial performance and significant financial judgments contained in them.

Budget preparation, review, implementation and execution towards the attainment of the corporate goal of the organization.

Conduct of special investigations such as social audit, value for money audit, system audit, management audit, tax audit and transaction audit.

Conducts regular reviews of operational and accounting systems and practices to identify weaknesses and make suitable recommendations for improvement.

Examination of financial and operating information for management, including detailed testing of transactions and balances.

Working Capital Management in line with corporate objectives and best practice.

Liaison

Creates and maintains strong internal control awareness within the Company through short courses, seminars, participation in idea generation and publishing of relevant articles in the Company.

Establishes and maintains positive working relationship between audit department and other departments within the Company.

Submits a monthly report to the CEO outlining activities/work undertaken during the previous month with recommendations for possible actions and or/improvements.

Maintains current contacts with and interaction with External Auditors, Tax Authorities and other Financial Consultants of the company.

OCEANIC GROUP, -Accountant, Accounts & FINCON/Compliance.

OCEANIC SECURITIES INT. LTD Oct., 2008 – March, 2010.

15, Itire Road, Surulere, Lagos.

Function/ Responsibilities:

Accounting/Audit Functions:

Monthly and Yearly preparation of Management A/Cs. (Profit and loss account, Balance Sheet, Value Added Statement, cash Flow Statement etc).

Monthly Company reconciliation and Asset control and monitoring.

Reviewing monthly the management account of the subsidiary.

Carrying out Integrity checks on the accounts of subsidiary.

Forensic investigation into the group consolidated financial statement for possible misrepresentation/fraud and Back audit function into store activities and diesel monitoring.

Investigation into share valuation from the CSCS report with the broker’s statement.

Budget preparation, implementation and monitoring for the attainment of corporate objective.

Carrying out Competitive analysis/Peer review of the subsidiary with group members.

Preparing monthly review report of the subsidiary to the accounts head.

Monitoring the performance of the subsidiary with the budget on a monthly basis and presentation of subsidiary account to the departmental head.

Preparing month end and mid month & Monthly sport Cash Counts and Cash audit.

Ensuring intercompany reconciliation of entries between the company and its subsidiaries.

Ensuring a smooth year-end audit and tax audit exercise of the subsidiary.

Payment Tickets vouching & invoicing of services and receipt of debts.

Staff Loan entitlement and reporting & Credit Loan recovery & Monitoring the purchase and usage of diesel for office generator.

Monitoring petty cash management & Monitoring usage and retirement of corporate advances.

Monitoring payment of staff pension contribution to the retirement saving account of staff.

Receive computations with the source document for calculation form Payroll officer for vetting & Check the posting to the company statement general ledger.

Post all Petty cash vouchers to the cash book and appropriate expense account heads.

Tax Functions.

Taxes computation and remittances & Computation of withholding tax payable for the company.

Tally grand total of the schedule to the PAYE tax total in the salary ticket.

Receive tax queries with observations from Head, Accounts & Controls.

Receive to answers to tax queries from Tax Consultants.

Seek for further explanations and or additional queries on puzzling issues in writing.

Dispatch queries concerning further explanations and or additional queries on puzzling issues would commence the fresh routine to Relevant Tax Authorities.

Computation of Company income tax for the periods, (Monthly and Annually).

Asset certification for Capital allowance Calculation.

Computation of value added Tax for clients (Limited Liability companies/Quoted Company).

Computation of PAYE for clients staffs, Asset certification for Capital allowance Calculation.

MORISON INTERNATIONAL,

Morison Odede & Co. (Qualified Senior) - November, 2007 – October, 2008.

20, Abagbon Close, Off Ologun Agbaje Street,

Adeola Odeku, Victoria Island, Lagos.

Responsibilities:

Auditing functions

Payroll Accounting and audit for client & Post Audit review of financial statement.

Investigation into suspected financial misstatement and fraud.

Forensic review of financial statements for possible litigation.

Company reconciliation statement preparation & Final account preparation from incomplete records.

Final account preparation for client (Profit & loss account, balance sheet, Cash flown statement etc.)

Ensuring that clients keep all necessary & relevant records.

Reclassification of operating expenses into their respects and appropriate headings.

Stock taking exercises with detailed examination of company’s stock position.

Extracting information from final account for tax purposes.

Ascertaining that clients comply with statutory and Accounting Standards (G.A.A.P).

Preparation of fixed Assist schedule to obtain historical cost, accumulated depreciation and net book value & Vouching of transactions to relevant document with a view of obtaining audit evidence.

Extraction, extension, and classification of information that will aid the preparation of final account.

Tax Functions.

Computation of value added Tax for clients (Limited Liability companies/Quoted Company).

Computation of PAYE for client’s staffs & Asset certification for Capital allowance Calculation.

Tax advice to clients in respect of transactions.

Remittance of Tax payable on behalf of clients to the right tax offices.

Computation of Company Account for the period (Company Income Tax).

Petroleum Profits Tax compliance review & Withholding Tax and Value Added Tax review.

Taxation of gas and shipping companies & Tax implications of shared service arrangements.

Opinions regarding gas incentives and investments & Company secretarial services.

Opinions on tax implications of joint ventures & Payroll management services.

LAGBADE NIGERIA LIMITED, Lagos State. (Account Clerk)

- January 1999- September 2003.123, Ikorodu Road, Onipanu, Lagos.

Responsibilities:

Ensuring strict compliance to Group’s policies at the subsidiary company.

Daily cash companying and cash monitoring & Daily cash counts for monitoring purposes.

Pre-disbursement audit of all cash and company vouchers/receipts.

Keeping track of all account documents e.g. LPO’s, Work Orders, Invoices, Accounting Journals,

Credit/Debit Notes and Cash/Company Vouchers/receipts.

Verification of delivery and issuance of stocks & Identifying fraud and other anomalies suspected.

Ensure compliance to internal control procedures & Implementation of cost reduction measures and controls & Review of Accounts and company reconciliation statement prepared.

Perpetual and periodic verifications of stocks & Daily verifications of petty cash and cash collections.

Reports to management and Group Internal regularly on critical areas and suggested solutions.

STRENGHT OF CHARACTER.

Good Team Spirit, Integrity, Vast, Dynamism, Professionalism, Good communication skills, meeting tight reporting deadlines and good financial planning and forecasting skills.

HOBBIES.

Listening to Jazz Music, Monopoly, Finding and Testing New Ideas and meeting people.

CORE COMPETENCIES.

Financial Analysis and Interpretation

Management Accounting and Tax Management & Accounting Control and Problem Solving

Comprehensive knowledge of Accounting and Audit principles, practices, procedures, legislation and regulations; sound knowledge of IIA standards with compliance capability.

Sound knowledge of financial services operations and risk-based auditing.

Internal Control & Risk Management.

Corporate Governance & Stakeholder Relationship Management/Analytical and critical thinking.

Excellent oral and written communication skills &Conflict Management.

Managerial and leadership skills & Proficient use of MS Office suite.

REFREES:

Mr. Caleb Edema -Head, Accounts & FINCON, oceanic securities international (080********).

Dr. Salau R. O. -Senior Lecturer, Obafemi Awolowo University, Ife, Osun State. (080********).

Mrs.Tosin Abidoye. -Audit Manager, Morison International, (080********).

Contact this candidate