Ikoyi, Lagos
Gsm : +234**********, +234**********
E. M:adm78c@r.postjobfree.com
Ajala, Abiola Abayomi
Objective: To take up professional career, responsibilities and challenges in an environment where talents and professionalism are appreciated and encouraged. Also, to contribute new ideas to the overall performance of such organization utilizing my experience in developing and implementing business strategies and maximizing overall performance of not only the finance department but that of the company at large.
State of origin Ekiti
Date of birth 6th February, 1980
Sex Male
Marital status Married
Religion Christianity
Academic Qualification Masters in Managerial Psychology – In View
University of Ibadan
2017 MBA– General Administration
Lagos Business School, Lekki Epe Express Way, Lagos
2013 - B.Sc Accounting
Osun State University, Okuku, Nigeria
2003 - Higher National Diploma (Accountancy)
Akwa Ibom State polytechnic, Ikot Osurua, Ikot Ekpene
1996 - Senior Secondary School Certificate Exam (SSCE)
Adventist Grammar School, Ede,
Professional Qualification Associate Member: The Institute of Chartered Accountants of Nigeria
Associate Member (AAT) – Association of Accounting Technicians
Associate Member: Institute of Loan and Risk management of Nigeria (ILRM)
Associate Member: Chartered Institute of Taxation of Nigeria (CITN)
Student Member: Chartered Institute of Stock brokers (CIS)
Special Training NIIT Computer training in Microsoft Offices,
Ajsilicon ICAN TCI Training in Microsoft Offices & Accounting Packages
Atib Services Nigeria Ltd : The Use of Powersoft ERP
The Institute of Chartered Accountants of Nigeria (ICAN)
IFRS Training – Module 1
Working Experience 2010 – to date Spog Petrochemicals Ltd
Financial Controller
Job Summary
oManage Finance and Account business processes.
oFinancial transactions processing and recording in the ERP
oGeneral ledger review and reconciliation.
oFinancial Reporting and analysis.
oStaff supervision and team building.
Key Duties and Responsibilities
oWorking closely with Operations team to provide required support for various analyses, budgets, reporting etc.
oResponsible for review, control & reporting of various cost related to company’s operation
oResponsible for review, analyses and reporting of product costs - Comparison with Budget, Standard Costs, previous period etc. and highlighting reasons /or variances
oResponsible for ensuring standard process are followed and any lapse in control (including potential issues, are reported.
oResponsible for control over stock by performing required checks, coordinating physical verifications etc.
oResponsible for Fixed Assets accounting and ensure adequate measures are in place to safeguard company assets
oCoordinate Accounts Payable functions at depots with Head office and ensure required checks are done and controls are in place.
oEnsure compliance with cut-off dates
oEnsure compliance with stock taking procedures
oTo coordinate proper stock monitoring
oTo coordinate weekly, monthly and year-end stock reconciliation
oTo ensure proper posting of transactions and activities
oTo conduct periodic consolidation and reconciliation of goods n transit locations
oEnsure each team member has an active development plan, which is reviewed as a minimum, on a periodic basis (bi- annual and monthly informal reviews)
oSet realistic yet challenging objectives throughout the year for both the team and each individual whilst making sure that the objectives are SMART
o Complete as a minimum, periodic reviews of each team member's performance (bi-annual and monthly informal reviews)
oIdentify skills gap and recommend for training (on-the-job)
oEnsure each team member is aware of the part they play in the achievement of business objectives
oDirect and oversee all accounting, audit, finance, budgetary, compliance, reporting and treasury processes
opreparation of financial reports
oMonitor and control flow of cash and disbursements to meet the business needs
oDirect and develop financial controls to limit risk and reduce the company’s exposure to business and environmental uncertainties
oOversee the investment of funds, manage associated risks, supervise cash management activities, execute capital-raising strategies to support a firm’s expansion, and deal with mergers and acquisitions.
oDirect and oversee the firm’s issuance of credit, establishing credit-rating criteria, determining credit ceilings, and monitoring the collections of past-due accounts.
oResponsible for all International trade Finance
oIntroduce and improve management reporting information and scheduling to better aid business decision making.
oResponsible for all areas of the company's risk assessment process & internal audit program, undertaking risk & financial control related projects, and various ad hoc works as required by the CFO.
oAnalyze and classify risks (sales book, capacity utilization, project development portfolio etc) to determine their potential impact the company’s cash flow and Statement of financial position.
2008 – 2010 Securities Solutions Limited, (Member Nigerian Stock Exchange)
Financial Controller/Head Management Services
oPreparation of Client portfolio Performance report
oPreparation of Credit Analysis Memorandum
oAnalyze all income vouchers on sales of Securities/Stocks
oConstant portfolio valuation
oReview of all Accounts in the ledger
oPreparation of Management Accounts
oTreasury management based on T+3
oStaff Recruitment, Promotion and determination
oGeneral Office maintenance
oEmployee Welfare planning and implementation
oMaintaining accurate books and records
oPreparation of audited financial statements
oPreparation of management reports and board reports
oPreparing regulatory reports
oEnsuring compliance with all applicable tax regulations and laws
oManaging relationships with our banks, regulators and other relevant stakeholders
2007 – 2008 Pixels Digital Systems Ltd, Ibadan
Financial Controller
oPreparation of monthly management accounts
oMonitoring and reviewing of all transactions in the ledger
oFiling tax returns
oMeeting with statutory bodies and bankers
oMaintaining surveillance over finance staffs
oSetting adequate internal control and ensure compliance
oBudget preparation and coordination
oPreparation of monthly analysis of cost of goods sold and operational expenses against prior year and budget, providing explanations and business solutions to help mitigate the risks.
oAnalyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budget
2003 – 2007 Consolidated Breweries Plc, Ijebu Ode
Internal Auditor (Accounting Operations)
oEnsuring Compliance with internal control
oReview and establishment of internal control
oMonitoring of customers’ a/c via sun system account package
oVerification and approval of suppliers’ invoice via LPO & GRN
oPeriodic and continuous stock taking
oModification of internal control
oVerification and reconciliation of central cash
oDaily monitoring of drafts and cheques lodgment
oMaintenance of fixed assets register and physical verification
oDepot audit and investigation
oEnsure all payments are adequately authorized and approved
oReconciliation of bank & cash account to ensure right cash and bank position
oEnsure customer’s purchases are within their limit
oEnsuring mode of payment /receipt is in accordance with management policy
oSpecial investigations and enquiries
Special Skill Computer proficiency in Microsoft offices and ERPs
oAbility to present report and recommendation properly
oAbility to generate valid options and evaluate its cost benefits
oAbility to analyse and interpreter financial statement
oAbility to work under pressure without bias
oGood interpersonal relationship
oGood leadership style
oGood communication skill
oSelf-motivated and starter
Hobbies Draught, Table tennis, Traveling and Reading
Referees Oparinde Lasisi Pastor (Surv) Tope Ajetunmobi
Financial Controller Senior Pastor Elevaton Christian Centre
Nampak Plc, Ogba Tanke, Ilorin
adm78c@r.postjobfree.com adm78c@r.postjobfree.com