Babatunde Ogunbanjo, CICA

E-mail: adnm3h@r.postjobfree.com Mobile: 301-***-****

SUMMARY OF EXPERIENCE AND QUALIFICATIONS

Experience spans 10+ years of financial statement audits, internal controls and financial management, supporting Departmental and Agency level Federal entities in successful assessment and implementation of internal controls and compliance programs. Additional experience includes assisting federal agencies in implementing Sarbanes-Oxley (SOX) 404 and OMB Circular A-123 compliance, working on a wide range of relationship engagements with key experiences to include but is not limited to, internal control, audit readiness reviews, operational and compliance reviews, Government contract audits and financial transformation for numerous Federal entities.

PROFESSIONAL EXPERIENCE

11th Hour Service, LLC, Falls Church, VA; October 2020 – Present

Senior Consultant

Performed audit response/coordination activities at the United States Marine Corps (USMC).

Served as a liaison between the USMC, Programs and Resources (P&R) department, Risk and Compliance Branch (RFK) and the USMC stakeholders at both the field and Headquarters Marine Corps activity level for the purpose of ensuring timely and continuous flow of communication regarding audit-related deliverables and timelines.

Provided timely and accurate responses to audit-related inquiries in which the field commands and other headquarters activities that required clarification or status updates for audit deliverables or key milestones.

Coordinated with USMC stakeholders to assist in the planning process for site visits conducted by the Independent Public Accountant (IPA), to include the identification of points of contact, coordinating the scheduling of planning conference calls, the development of the site visit schedule, and documenting action items.

Facilitated resolution between the IPA and stakeholders when clarity is required regarding audit terminology as it relates to USMC business processes to ensure a complete understanding of questions, concerns, and recommendations from both parties to allow for an accurate response from stakeholders to audit-related requests.

Worked with the IPA on clarifying Provided by Client (PBC) requests, samples, and requirements for complete and accurate responses to auditor requests of the Marine Corps.

Francis Awoyera & Associates, PC, Washington, DC; June 2019 – October 2019

Independent Contractor

Performed the Chief Financial Officers Act of 1990 at U.S. Agency for International Development (USAID).

Tested the financial statement line items and financial management procedures at the Field Missions in Malawi and Ukraine respectively.

Tested the Missions’ compliance with laws, regulations, contracts, and grant agreements applicable to USAID.

Documented and assessed business processes by conducting interviews to determine the extent of substantial testing.

Utilized TeamMate project to document work papers.

BCA Watson Rice, LLP, Lanham, MD; February 2017 – April 2019

Senior Auditor

Implemented Financial Improvement and Audit Readiness (FIAR) guidance at United States Air Force.

Reviewed and assessed financial management internal controls according to FIAR by ensuring that the agency is compliant to the standard.

Revised and documented business processes and sub-processes by conducting interviews with process owners to assess control design and operating effectiveness.

Assessed and tested key and selected business processes and related controls.

Updated control matrices through test results obtained.

Documented business process flows to present a pictorial understanding of Air Force’s business processes utilizing Microsoft Visio.

Ensured General Funds tie with Working Capital Funds by validating financial amounts asserted from documents provided.

Led financial related and compliance audits performed in accordance with GAGAS at Agiltron, Veterans Administration, and National Oceanic and Atmospheric Administration (NOAA).

Performed grant close-out audit through testing including drawdowns, direct costs and indirect costs for the grant period years.

Audited proposed labor and indirect cost rates to establish billing rates for recent contract awards. Audit include testing direct and indirect labor and all indirect cost pools to ensure allowability, reasonableness, and allocability in accordance with FAR and Government Cost Accounting Standards.

MorganFranklin Consulting, LLC, McLean, VA; February 2015 – February 2016

Senior Consultant

Supported OMB Circular A-123 compliance at Department of US Treasury – Office of Financial Stability.

Responsible for project administration on a day-to-day basis including identifying and managing internal and external stakeholder expectations.

Documented and updated process flows; narrative descriptions; and risk and control matrices.

Documented and updated control points within technical and operational functions and processes; assessed the effectiveness of internal controls; and provided recommendations to strengthen and enhance technical and operational activities and programs.

Assisted OFS staff in the development of remediation plans.

Evaluated the effectiveness of technical, program, and administrative controls, including, but not limited to, the valuation models used in performing credit reform accounting, and asset related activities.

Managed Provided-By-Client (PBC) site for daily status (upcoming due dates, past due dates, extensions, etc.)

Prepared deliverables specific to the overall project plan; worked with program directors for final review and deliverable submission.

Evaluated program required reports to determine if established controls are sufficient and make recommendations where deficiencies are identified.

Managed project Burn Rate and subcontractor Conflict Reports on a monthly basis.

Coordinated with corporate accounting to generate monthly invoice amount along with reconciling invoiced hours to client's time management system broken down by the work streams.

Handled all on-boarding/off-boarding documents and requests.

Facilitated regular (biweekly) meetings with business owner staff and the Contracting Officer Technical representative (COTR) to discuss contract issues and the status of the work streams and documentation and minutes of key discussion points/decisions.

11th Hour Service, LLC, Springfield, VA; May 2014 – January 2015

Senior Consultant

Performed Audit Readiness at Defense Logistics Agency (DLA).

Coordinated all validation/Test of Design (TOD)/Test of Operating Effectiveness (TOE) activities with the field teams.

Validated focus on Key Controls and associated financial transactions, served to extend the documentation and testing of controls across the enterprise where necessary for the team to support assertions and to inform remediation planning decisions.

Documented deficiencies for identified gaps as soon as identified during Process Cycle Memorandum (PCM) validations/TODs/TOEs, consistent with the schedule.

Updated the final PCM based on the results of all PCM validations and related TOD and TOE testing, as well as any deficiencies and gaps the team identifies during the process.

Provided corrective planning guidance to field teams for Corrective Action Plans (CAPs) to be developed.

Kearney & Company, P.C., Alexandria, VA; April 2012 – March 2014

Senior Consultant

Presented internal control compliance training to Army personnel and Joint Improvised Explosive Defeat Device Organization (JIEDDO) management according to Financial Improvement Audit Readiness (FIAR) guidance, DoD Financial Management Regulation (DoDFMR), Department of Defense Directive 5010.38, Department of Defense Instruction 5010.40, JIEDDO Policy Letter #9 Management Controls, and General Accounting Office (GAO) standards.

Provided feedback to Army personnel on the various business processes developed during the audit readiness.

Updated business process narratives and internal control activities obtained at the Army site visits to reflect changes to the financial operations of business process owners.

Assisted JIEDDO Management Control Administrators (MCAs) to document key business processes including, but not limited to processes and controls documentation, identifying key financial and operational controls in each business process, and documenting these controls in Standard Operating Procedures (SOPs) or internal guidance, consistent with federal internal control standards.

Codified and recorded JIEDDO efforts to comply with management control requirements that will enable and enhance mission accomplishment to include Internal Control Test Plan Development, facilitating sessions with JIEDDO MCAs develop comprehensive test plans to evaluate the design and operating effectiveness of documented controls, and providing assistance to MCAs as they execute test plans and evaluate the results of their testing.

Supported remediation plan development and assisted JIEDDO in implementing these plans when needed. The remediation plans included key milestones for management to use to monitor MCAs progress towards implementing internal control improvements.

Contributed efforts in revising MCA Managers’ Internal Control (MIC) Program Handbook, assisted to develop training slides for MCAs on MIC Program, and supported the development of Assessable Unit Managers (AUM) smart book on management responsibilities and roles in overseeing, monitoring, and certifying control evaluation results and annual Statement of Assurance.

Hilltop Advisors, LLC, McLean, VA; July 2011 – April 2012

Independent Consultant

Reviewed modification loans according to housing authority guidelines and regulations such as Fannie Mae, Freddie Mac, Federal Housing Administration (FHA), and the U.S. Department of Veteran Affairs at PNC bank.

Examined costs/charges assessed to the borrower or investor for the loans under review were permissible, reasonable, customary, or excessive in regards to type, amount, and frequency.

Examined the loan modification capitalization audits performed by PNC for the 2009 and 2010 period.

Assessed the completeness and accuracy of the PNC findings regarding amount capitalized vice amount that should have been capped.

Catapult Consultants, LLC, Arlington, VA; April 2011 – June 2011 (Temporary)

Financial Analyst

Implemented OMB Circular A-123 compliance at Department of Housing and Urban Development – Federal Housing Administration.

Reviewed and assessed financial management internal controls according to OMB Circular A-123 by ensuring that the agency is compliant to the standard.

Developed and documented business processes and sub-processes by conducting interviews with process owners to assess control design and operating effectiveness.

Assessed and tested key and selected business processes and related controls.

Documented findings and developed recommendations on the Internal Control Evaluation Tool (ICET) to correct control gaps noted.

Monitored, reviewed, and updated Corrective Action Plans (CAPs) for agreed recommendations executed within the timeline stated with appropriate supporting document.

Updated Plan of Action and Milestones (POA&Ms) reflecting corrections acceptable to HUD security.

Deloitte &Touche, LLP, Rosslyn, VA; May 2009 – December 2010

Consultant

Implemented OMB Circular A-123 compliance at the Departments of US Treasury and Transportation.

Implemented Sarbanes-Oxley (SOX) 404 compliance at the United States Postal Service.

Reviewed and assessed financial management internal controls according to OMB Circular A-123 by ensuring that the agency is compliant to the standard.

Developed and documented business processes and sub-processes by conducting interviews with process owners to assess control design and operating effectiveness.

Assessed and tested key and selected business processes and related controls.

Updated control matrices through test results obtained.

Summarized test observations from a quantitative and qualitative perspective on Microsoft PowerPoint slides for clients’ understanding for work performed.

Documented business process flows to present a pictorial understanding of the Federal agencies’ business processes utilizing Microsoft Visio.

Documented findings and developed recommendations on the Internal Control Evaluation Tool (ICET) to correct control gaps noted.

Monitored, reviewed, and updated Corrective Action Plans (CAPs) for agreed recommendations executed within the timeline stated with appropriate supporting document.

Reviewed Department of Defense (DoD) agencies’ financial statement presentations and disclosures according to Department of Defense Financial Management Regulation (DoDFMR) guidance at the US Pentagon.

Monitored the variance analysis and timeline in resolving financial statement abnormal balances with adequate explanation by DoD agencies.

BearingPoint, Inc., Springfield, VA; August 2008 – May 2009 (Acquired by Deloitte)

Business Consultant

Implemented OMB Circular A-123 compliance at Defense Contract Management Agency (DCMA).

Reviewed and assessed financial management internal controls according to OMB Circular A-123 by ensuring that the agency is compliant to the standard.

Developed and documented business processes and sub-processes by conducting interviews with process owners to assess control design and operating effectiveness.

Assessed and tested key and selected business processes and related controls.

Monitored timely Corrective Action Plans (CAPs) were developed for all deficiencies identified during review.

Reviewed procedures designed to evaluate and resolve audit findings and other reviews.

Performed tests to validate the effectiveness of corrective actions when material weaknesses reported were resolved.

Defense Contract Audit Agency, Falls Church, VA; July 2006 – August 2008

Auditor

Audited government contracts that were performed by defense contractors such as Northrop Grumman, General Dynamics, ITT-AES.

Examined contract costs incurred by defense contractors to assure compliance with Cost Accounting Standards (CAS), Federal Acquisition Regulation (FAR), US Generally Accepted Accounting Principles (US GAAP), and contract provisions.

Reviewed contractors’ routine pricing or contract bid proposals of dollar impact or risk.

Assessed contractors’ financial management internal control systems to determine the extent of control reliance during monetary-related audits.

Drafted reports of audit findings, conclusion, and recommendation covering audit assignments.

Saved tax-payers hundreds of thousands of dollars during audit examinations that were inappropriately and illegally billed as contract costs incurred.

Performed audit program steps to assess the risk level and audit scope.

Thompson, Cobb, Bazilio & Associates, PC, Washington, DC; January 2005 – July 2006

Staff Auditor

Assisted in auditing financial statements of non-for-profit organizations and government agencies such as National Association for the Advancement of Colored People (NAACP), Social Security Administration (SSA), National Council for Negro Women (NCNW).

Performed audit program steps to assess the risk level and audit scope.

Tested transactions to gather evidence to support the account balances as reflected in the financial statements according to US Generally Accepted Accounting Principles (US GAAP).

Evaluated financial information made by a study of plausible relationships among both financial and non-financial data involving comparisons of recorded amounts to independent expectations developed during the audit.

Performed OMB Circular A-133 audit on Lincoln University for compliance to federal awards expended.

Evaluated and reviewed awards expended over $500,000 threshold, through supporting documents, were compliant with grant programs and operations.

U.S. Navy, Norfolk, VA; November 1996 – March 2002 (US Navy Veteran)

Payroll Clerk

Primarily maintained 800 Navy personnel pay records including reconciliation of pay discrepancies.

Conducted customer service to 30 Navy personnel, daily, to resolve compensation benefit disputes.

Examined 15 travel claims for both Navy civilian and military personnel within and outside the United States, daily.

EDUCATION

Institute of Internal Controls, May 2015

Certified Internal Controls Auditor (CICA)

M.S. Accounting and Finance, December 2008

University of Maryland University College

Adelphi, Maryland

B.S. Business Administration, December 2004

Bowie State University, Bowie MD

Concentration in Accounting

SKILLS

Microsoft Word, Excel, PowerPoint, and Visio

AWARDS AND ACTIVITIES

Certificate of Appreciation from U.S. Army Commander (2012). Achieved academic honors and named to Dean’s List of the School of Business in academic year 2003/2004. Member of the National Association of Black Accountants (2004). Bowie State University National Alumni (member 2005). Alpha Kappa Mu Honor Society (member 2005). Honor Graduate – U.S. Navy – April 1997. Good Conduct Award – U.S. Navy –1999.

SECURITY CLEARANCE: Secret

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