AKITOYE ADEBOLA ELIJAH ACA, MBA

SUMMARY OF QUALIFICATIONS

A MBA from Bayero University Kano, a Chartered Accountant and over eighteen years cognate professional accounting and banking experience with increasing responsibilities in Finance, Administrative and Consulting functions with the following strong points:

Strong analytical aptitude with exceptional talent in logical reasoning/stimulating real life and would be situations

Very good communication and interpersonal skills with ability to listen effectively respond appropriately and maintain mutual comfort level while relating to a diverse group of individuals.

Proven technical expertise in project management, business processes and controls.

Strong leadership and entrepreneurial skills.

Able to assume multiple responsibilities and remain productive within time-sensitive and fast paced environment.

Recognized for professionalism, thoroughness and commitment to quality and team work

Ready to assume new challenges to meet or surpass set objectives.

PROFESSIONAL AFFILIATION

Associate - Institute of Chartered Accountants of Nigeria - ACA 2011

Associate - Institute of Chartered Economists of Nigeria - ACE 2007

Associate - Institute of Treasury Management and Financial Accountants of Nig.-ATMFA 2007

Associate - Institute of Credit and Risk Management of Nigeria – AICRM 2006

EDUCATION

Masters in Business Administration (MBA) Feb. 2009

Bayero University, Kano

Higher National Diploma in Accounting (Upper Credit) Nov. 2001

Yaba College of Technology, Yaba Lagos

Senior School Certificate Jun. 1995

Saint Luke’s Grammar School, Bariga Lagos

PROFESSIONAL EXPERIENCE

Amazuma Group Oct. 2019 till date

(Amazuma Oil & Gas Nig. Ltd, Amazuma Services Ltd & Amazuma Bureau De Change Ltd)

Oil & Gas, Logistics, Telecommunication and Bureau De Change businesses

24, Abubakar Street, Abule-Egba Lagos

Group Accountant

Keep accurate record of all petroleum products lifted at the depot and reconciling same after finishing lifting each bulk of purchase.

Prepare operating expenses schedule such as trailer expenses, loading, clearing, trip allowance, etc. for the distribution of petroleum products from the depot to various customers within Nigeria.

Ensure prompt payment of office imprest, loading, clearing fee and filling stations’ expenses.

Analyzing of discharges and sales of filling stations on daily and monthly basis.

Monitoring of lodgment of filling stations’ sales into the various designated bank accounts and ensuring accuracy in actual payment made into bank on daily basis.

Preparation of Management accounts including separate profit and loss accounts for the oil transport section as well as the individual filling station.

Preparation of truck account on a monthly basis.

Tracking of various trucks supplying petroleum products to various wholesalers across the nation and following up on payment by the customers as and when due.

Reconciliation of sales and purchase of AGO, PMS and DPK.

Identify and follow-up on Receivables and Payables.

Reconcile inter-company balances on a monthly basis.

Prepares Petroleum Equalization Fund account.

Maintain and frequently update fixed asset register for all the companies in the group.

Preparation of monthly bank reconciliation statements for all the accounts in the group.

Posting of all transactions into Sage accounting software.

Ensure the monthly collection of clearance from GLO Mobile (GLOBACOM) and prepare invoices promptly based on the clearances collected.

Ensure accuracy in the monthly servicing materials supplied to the group’s engineers at the various GLOBACOM sites being managed by Amazuma Services Ltd.

Spare Parts inventory account management.

Monitoring daily movement of cash-in-hand and cash-at-bank.

Preparation of payroll for staff in the three companies under the group.

Ensure prompt payment and filing of all statutory remittances such as Value Added Tax (VAT), PAYE, Pension, Withholding Taxes etc on monthly basis.

Analyse of sales and purchases of foreign currencies on daily and monthly basis.

Monthly, quarterly, semi-annual and annual presentation of financial activities to the Group Managing Director.

Meeting with external consultants on issues relating to tax, audit and other financial advisory.

Lutadex Nigeria Limited Aug. 2015 to Oct. 2019

(ICT, Telecommunication and Traveling Agency businesses)

2, Adurosakin Street, Somolu, Lagos

Finance Manager

Oversee all Accounts Payables and also ensuring all necessary postings and documentation are up to date.

Ensure all provision for expense accounts are provided for before end of applicable month.

Ensure Fixed Assets Schedule is updated monthly.

Review and authorize the prepared monthly staff payroll for final approval by Management.

Reporting to the Board on the financial state of all the Organization on regular basis.

Preparing annual account for tax and audit purposes.

Managing new and existing regulatory requirements where appropriate and incorporating them into the financial and management accounts.

Ensure the monthly collection of clearance from GLO Mobile (GLOBACOM) and prepare invoices promptly based on the clearances collected.

Ensure accuracy in the monthly servicing materials supplied to the group’s engineers at the various GLOBACOM sites being managed by Lutadex Nig. Ltd.

Ensure accuracy in the stock records by overseeing the Inventory Officer.

Responsible for all of the outputs of the payroll function with a view to putting in place the necessary controls and checks that ensure all employees are paid accurately and on time.

Generating Purchase Orders and managing payables in alignment with agreed contractual milestones, including weekly updates on supplier accounts, and other project related/staff accounts.

Managing and supervising proper archive of financial records/documentation e.g. invoices, purchase orders, financial reports, et cetera.

Liaising with the banks on the various credit facilities granted to the company in ensuring that the charges and other transactions on the accounts are in line with agreed terms and conditions.

Identifying, investigating and analyzing potential operational improvement. As appropriate, based on findings make proposal for operational changes (policy, procedures, processes, et cetera).

Drafting requirements for operations and ensures that implementation meet or exceed clients' expectations.

Responsible for the handling of all tax related issues of the Organization by engaging the Local, State and Federal Tax Authorities from time to time.

Gorgeous Metal Makers Limited Mar. 2011 to Jul. 2015

(Manufacturers of Trailers bodies, tank farm, oil & water tanks and other steel products)

KM9, Abuja/Kaduna Expressway, Kakau Kaduna

General Manager, Accounts, Tax & Audit

Oversee the Accounts and Audit departments of the organization.

Liaise with tax authorities on tax related issues.

Oversee all Accounts Payables and also ensuring all necessary postings and documentation are up to date.

Ensure all provision for expenses account is provided for before end of applicable month.

Ensure reconciliations of all intercompany accounts in relation to other entities.

Ensure Fixed Assets Schedule is updated monthly.

Timely preparation of monthly schedule of Statutory VAT for payment.

Review and authorize the prepared monthly staff payroll for final approval by Management.

Reporting to the Company's Board on the financial state of the company on quarterly basis.

Preparing annual account for tax and audit purposes.

Oversee the supervisors in charge of the management of company’s inventories.

Serve as financial adviser to the company on loan and other banking related issues.

Oversee the consolidation of Inventory and Sales Report.

Maintain adequate check against fraud and misappropriation.

Plan, organize and carry out the internal controls function including the preparation of an audit manual and audit plan.

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

Contribute, as appropriate, in the year-end financial audit with the external auditor.

Provide advice on internal control and participates in enhancing internal audit standards and practices within the company.

Review the responses to external audit management letter queries to ensure that recommendations are implemented and ensure that all actions are resolved.

Verify Assets and liabilities at regular intervals.

Examine and constantly scrutinizes all system of authorization of payment to ensure an adequate control of expenditures.

Concern with measuring and evaluating the continuous effectiveness of internal control system.

Ensure that various policies as put in place by the management are strictly adhered to.

Carry out periodic examination of internal checks to ensure the highest possible standards of accuracy and efficiency.

Review periodically the accounting system and related internal controls.

Examine financial and operational information for management, including detailed testing of transactions and balances.

Review the implementation of corporate policies, plans and procedures.

Carry out special investigations when necessary.

Elfest Solutions Consult Limited Feb. 2010 to Feb. 2011

(Financial, Management and Business Consultancy Company)

6, Makama Street, Sabo Kaduna, Kaduna State (One year Contract)

Financial & Management Consultant

Aiming to improve the organisation's profile by helping to solve problems, manage change and improve efficiency.

Conducting research, surveys and interviews, analysing statistics and subsequently compiling and presenting information for management use.

Developing and implementing new procedures or training.

Analyzing of clients’ Bank Statement of Accounts in discovering excess charges, illegal debits and ultimately following up on the refund of such charges by the concerned banks.

Provide and/or oversee provision of staff support to the office, to include handling walk-up and phone interactions, maintaining calendars and travel arrangements, screening, analyzing, and responding to incoming correspondence, handling day-to-day problems and situations, and provision of support to the Secretariat.

Organize and facilitate meetings, conferences, and other special events; coordinates and attends committee meetings, and participates in committee discussions, as appropriate.

Supervise the work of employees in supporting roles, including assigning workload and monitoring employee performance.

Oversee the operation of office accounts, and plans and monitors expenditures; as appropriate, develops and/or coordinates budgets for the office and associated accounts.

Assist in the coordination, supervision, and completion of special projects, as appropriate.

Installation, implementation and Training of clients’ staff on Accounting Software such as Tally and Peachtree.

Render Tax Consultancy Services to company's clients.

Carrying out of routine statutory audit and Investigations for clients.

Rendering of Financial and Management Advices to clients as the need arises.

Perform Job Placement and Recruitment for clients.

Intercontinental Bank Plc (Now Access Bank Plc)

NNPC/KRPC Refinery Branch, Kaduna Feb. 2009 – Dec. 2009

Branch Manager, Operations, Credit & Marketing

Ali Akilu Branch, Kaduna Nov. 2005 – Jan. 2009

Relationship Manager, Operations, Credit & Marketing

Kano Main Branch, Kano Jan. 2003 – Oct. 2005

Relationship Officer, Credit & Marketing

Kano Main Branch, Kano Jan. 2002 – Dec. 2002

Marketing Officer (NYSC)

Writing and packaging of various types of customers' credit proposals for onward analysis.

Supervise the external and internal marketing of bank’s products to different categories of target markets.

Reconcile discrepancies in customer's transactions as reported.

Coordinate the preparation of monthly, quarterly and annual budget of the profit centres at both sectoral and branch levels.

Chair the monthly profit and loss accounts reconciliation team at the group stage.

Developing marketing target on the bank's products and services.

Oversee the effective management of branch treasury vis a vis credit portfolio in line with the rules and regulations of the Central Bank of Nigeria.

Liaise with high network individuals and companies for new leads and opportunities for their businesses.

Liaise and network with a range of stake holders including customers, advertising agencies.

General management of branch activities for both the Credit/Marketing and Operations departments.

Implement a comprehensive and innovative marketing, public relations, and promotion program aimed at increasing the awareness and usage of all the company’s services.

Coordinate all Foreign Operations transactions in the branch.

Assess and appraise all branch staff on a quarterly basis.

Act as team member during recruitment process in the region.

Oversee the up to date maintenance of customers’ database.

Involve in the analysis of data from marketing campaign.

SEMINARS/COURSES ATTENDED

Sage 200 Evolution Training Nov. 2019

AGL Consulting

Entrepreneurship Development Training Feb. 2019

Africa Leadership Forum

Advanced Excel & IFRS Financial Template Design Jun. 2017

Data Migrate Ltd

Strategic Marketing Planning for Corporate Profitability Apr. 2014

Manufacturers Association of Nigeria

Public Private Partnership Stakeholder Workshop on Nigerian Railway Oct. 2013

Corporation's Capability Enhancement Programme

Nigeria Railway Corporation

Preparing a Bankable Business Plan Aug. 2013

Nigerian - American Chamber of Commerce

Technology Competence Initiative Course Mar. 2010

The Institute of Chartered Accountants of Nigeria

Retail Banking Workshop May 2009

Intercontinental Bank Plc/H. Pierson Associates Limited

Leadership through customer acquisition and retention Aug. 2008

Intercontinental Bank Plc/Tom Associates

Prospects & Challenges of Environmental Economics & Substantial Development Aug. 2007

The Institute of Chartered Economists of Nigeria

Basic Credit Course Feb. 2007

Intercontinental Bank Plc/B. Adedipe Associates Limited

Workshop on Small & Medium Industry – Equity Investment Scheme Dec. 2003

Financial Institution Training Centre & Central Bank of Nigeria

Executive Training Programme Aug. 2003

Intercontinental Bank Plc

COMPUTER AND ACCOUNTING PROFICIENCY

Professional knowledge of Advanced Excel

Microsoft Office Proficiency and windows operating system.

Adequate knowledge of Financial Modeling.

Knowledge of the International Financial Reporting Standard (IFRS) & IFRS Financial Template Design.

Vast knowledge of Accounting software Packages such as Sage 200 Evolution, Tally, etc.

Good knowledge of the internet for business and research.

INTEREST

Reading business and inspirational books

Working on challenging projects

WINNING ATTRIBUTES

Posses a warm personality, honest and team spirit attributes

Focused, highly creative and resourceful

Strong analytical and numerical skills

Strong interpersonal and good communication skills

Ability to work under pressure

Highly motivated, adaptable, organized and target-oriented

Leadership and people management skills

Creating and innovating skill

PERSONAL DATA

Date of Birth: August 8, 1977

Sex: Male

Marital Status: Married

State of Origin: Lagos

Nationality: Nigerian

Contact Address: 21, New Lagos Street, Irawo,

By Ikorodu Road, Lagos

Telephone: +234**********

Email Address: adjotu@r.postjobfree.com

REFEREES

Mr. Adesegun Adelana Lutadex Nigeria Limited +234**********

Managing Director/CEO 2, Adurosakin Street, +234**********

Somolu, adjotu@r.postjobfree.com

Lagos.

Mr. Olufemi Akinola Elfest Solution Consult Limited, +234**********

Principal Consultant, 6, Makama Street, Sabo, +234**********

P.O. Box 6045, Kakuri Post Office, adjotu@r.postjobfree.com

Kaduna.

Contact this candidate