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INNOCENT UZOEWULU ACA, ACTI, ACE, ACWM, MBA

N* 3 Jane Haret Close Farmville Estate Lekki Lagos: Mobile: 080******** Email: adnxc7@r.postjobfree.com Professional Profile

As the Chief Financial Officer of Energy Blocks, I have the primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the group. I brought to bear my diverse competencies as a finance professional and unflinching passion and exceptional focus on achieving excellence in discharging my stewardship and business partnership responsibilities. I have over 9 years’ experience in risk management, audit & Compliance, budget, working capital management, Financial Control and financial planning. Professional skills

• ERP Microsoft dynamic 12, SAP BFC10 & SAGE 300

• Budget management & Internal control.

• Financial Strategy Planning.

• Working Capital management & Capital raising.

• Financial Controllership and Decision Support.

• Financial Reporting, Analysis & IFRS application.

• Inventory control & Fixed Asset management.

• Tax planning & regulatory compliance.

• Communication and Executive management Skill.

• Business and Financial Modeling.

• Foreign currency management

• Audit management & Compliance

• Policy design and Implementation

• Intercompany & Bank reconciliation management

• Risk management implementation and monitoring

• Team building & Result-oriented leadership.

• Negotiation and Relationship Management.

• Profitability Management.

Certification/Training attended

• Financial Engineering & Risk Management. Columbia University in view

• Decision-Making and Scenarios. University of Pennsylvania 2020

• Corporate Finance II: Financing investment & managing Risk University of Illinois, Urbana Champaign 2020

• Senior Financial Analysts. Lagos business School Nigeria 2018

• Advance Financial Modeling. Philips consulting Nigeria 2018

• Strategic Thinking and Enterprise Leadership. PIPA Ghana 2018

• Tax Audit and Investigation. Anderson tax Nigeria 2018 Professional Certificate

• Chartered Accountant ACA: Institute of Chartered Accountants of Nigeria 2012

• Chartered Tax Accountant ACTI: Institute of Chartered Taxation of Nigeria 2017

• Chartered Economists ACE: Institute of Chartered Economists of Nigeria 2010

• Chartered Warehouse and Material Manager ACWMM: Institute of Chartered Warehouse and Material Management 2008 Professional Experience

ENERGY BLOCKS LIMITED ( OIL AND GAS) May 2013

Chief Financial Officer (CFO)

• Act as strategic business partner to Group senior executive leadership team.

• Evaluate financial performance of organization with regard to long-term operational goals, budgets & forecasts and also provide insight and recommendations to both short-term and long-term growth plan of the organization.

• Provide insight and analysis to support the Managing Director and ensure that business strategic decisions are grounded in sound financial criteria with suitable financial model.

• Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division/unit and weekly cash flow by division/unit.

• Review and analyze monthly financial results and provide recommendations. 2

• Present quarterly and yearend historical and actual financial report with relevant dashboard for easy understanding of key metrics, financial analysis, spending strategy, tax planning and execution.

• Report weekly activities review during management meetings with metrics measurement and direct finance and Accounts staff for attaining financial goals.

• Manage the organizational capital structure, cash flow planning process, ensure funds availability.

• Oversee cash, investments, and asset management area.

• Explore new investment opportunities and provide recommendations on potential returns and risk. Key Achievement

• Managed the organizational capital structure and raised $10m SBLC from CITI bank and another $10m from two other commercial banks.

• Saved 50% of planned OPEX utilization for militant conflict resolution with operation and still meet the milestone, having the community under control.

• Partnered with the management team and other functional heads to create and execute robust business plans that significantly expanded the business.

• Develop metrics for reviewing and interpreting financial performance such as financial ratios, KPI, KRI, KGI.

• Developed tax planning strategy to ensure that business activities compliances with both tax laws and other regulatory agencies law.

• Achieved a gross margin of 39% from 33% within 14 months.

• Implemented finance and IT policy and procedure. Finance, IT and Accounts internal control policy.

• Negotiated cost savings and new vendor term, reducing operating costs by 8%, and improved cash flow by 8%.

• Implemented the right infrastructure that enables the finance team to grow sales, maximize profit and manage investment.

• Strategically allocated financial resources, managed cash flow, and delivered 9% increase in budgeted Gross Margin.

• Negotiated a structured bank financing arrangement, resulting in additional 30% working capital enhancement fund.

• Raised more than $10m capital funding and OD from commercial bank to enhance trade finance and working capital.

• Converted N2 billion worth of company assets to liquid assets via trustee arrangement: as part of our capital structure strategy.

• Enhanced Productivity by 70% by implementing IFRS compliance customized ERP, for generating multidimensional reports for both strategic decision process, detail business activities documentation and for streamlining yearly budget comparison.

• Developed the budget manual to formulate monthly reporting norms that guarantees monthly reports with budget analysis and the explanation of budget deviation from the actual result and forecasts.

• Streamlined Transaction Processing to Guarantee Accuracy, Compliance, Completeness, Timely Reporting and Control; formulated, effected, and updates the finance and accounts policy & procedure and the internal control policy of the department.

• Improved information flow to external auditors, reducing annual audit cost by 8% savings.

• Drastically reduced Audit Journals by 97% by rolling out a customized ERP.

• Reduced Month End Closure from 10days to 3days with model and checklist that reduced closure to 3 days.

• Improved Team Culture: provide visionary leadership, direction and management of the finance and Accounts team, and as well guide their activities towards the achievement of the company current to medium-term strategies.

• Reduced Budget and Operational Cost by 40%; traveling cost reduced by N60m, negotiated competitive rates and removed identified waste and gained significant cost savings on operational costs.

• Recovered N298m Tax liability from FIRS, after the conclusion of 2018,2017,2016,2015 tax audit exercise.

• Improved vendor management by 80%.

• Developed business model and structure that drives profitability, financial model that identify leading and lagging indicators of the business.

• Implemented the right infrastructure that enables the finance team to grow sales, maximize profit and manage investment.

• Maintained the financial health of the company and innovative leadership control over the accounting, corporate reporting, and implementation of strategic objectives.

• Saved N48millon Tax liability, from FIRS BOJ demand notice through effective tax planning strategy. 3

• Recovered N190m from bank; engineered the bank statement quarterly review process that brought about the reversal of more than N90M COT and N100m Bank interest overcharge by our bankers.

• Increased Revenue by 40%; by masterminding the acquisition of two bureaus the change company that help the group in reducing its FX challenge and touched the overall group profit up by 20%.

• Improved Team Culture: provide visionary leadership, direction and management of the finance and Accounts team, and as well guide their activities towards the achievement of the company current to medium-term strategies. NESTOIL Group (Oil & Gas). October 2006

Senior Financial Accountant

• Booking and analysis of GL accounts as well as reclassification of wrong entries to the right account.

• Responsible for the balance sheet reconciliation and report on vendor and customers ageing analysis.

• Coordinate and resolve various issues with bank such as cleared cheque differences, bank fee anomalies, targeted balance calculations and transfer instructions issues.

• Manage the head office treasury and accounts payable function and prepare daily payment reports for GMD.

• Prepare daily and end-of-month bank reconciliations statement report.

• Maintain fixed-asset register, invoice register and update CFO on assets invoice position.

• Act as the tax account and resolve all regulatory tax issue and compliance. Key Achievement

• Prepared tax report and answered queries that saved the sum of N100, 860,000.00 tax liability from FIRS.

• Recovered More than N90m COT and Interest Overcharged from Bank; by defending the year end reconciliation from intercontinental bank.

• Reduced Transaction Processing time; instrumental in restructuring the finance and accounts department, in order to derive accountability and to meet up with deadline.

• Introduced an effective procedure that remedies problems in cash reconciliations properly.

• Single handedly handled all the vendor payment of sister companies pre operation expenses with report and early operation vendor payment and followed up with the banks till vendor account is funded.

• Remained current on audit best practices as well as state, federal and local laws regarding company operations.

• Mentored and developed a team of 4 accountants, managing their work allocation, systems training, performance evaluations, and the building of an effective and efficient finance and accounts team dynamic.

• Oversee weekly cash management and payables.

• Oversee activities of treasury accountant.

• Supervise Accounts Receivable and provide guidance relating to the collection processes. Ich Dean Consulting (Audit Firm). December 2004

Audit Assistant

• Review client’s operational policies and procedures to determine their effectiveness.

• Analyze and evaluate the accuracy of financial records and procedures.

• Review client’s compliance with tax regulations and other government agencies

• Establish working relationships with company's staff, business partners and clients.

• Assess Finance and Budget Reports for Strengths and Areas Needing Improvement

• Prepare audit working paperwork in accordance with standards and requirements.

• Check and inspect the accuracy of accounts receivable and payable ledgers. 4

Freelance Consulting

Dc Okika Company/ Dangote Cement April 2019-June 2019 Role: Strategic structure and portfolio enhancement consultant

• Structured DC Okika business model to focus on value proposition and margin enhancement.

• Identified important metrics that must be monitored and measured to guarantee positive bottom line.

• Structured the Finance and Account, IT department to guarantee productivity improvement.

• Reviewed the existing accounting system and made some recommendation for improvement.

• Trained finance team and deployed a measurement system that focuses on end-2-end processes performance. Key Achievement.

• I believe, revenue formula, profit formula and cost structure for the company has been enhanced.

• Platform for evaluation, monitoring and measuring important metrics was developed. Educational Background

Obafemi Awolowo University, Ile Ife (OAU) June 2014 MBA, Finance and Accounting

Nnamdi Azikiwe University, Awka Anambra State (NAU) April 2004 BSc, Accountancy, second class lower

Professional Qualifications and membership

• Associate member of the Institute of Chartered Taxation of Nigeria ACTI 2017

• Associate member of the Institute of Chartered Accountants of Nigeria ACA 2011

• Associate member of the Institute of Chartered Economists of Nigeria ACE 2010

• Associate member of the Institute of Certified warehouse & Material Management ACWM 2008 Financial System Skills:

• ERP Microsoft dynamics AX12 experience on A/P module, A/R module, Procurement and Sourcing module, Fixed Asset and Inventory Module, Cash and fund management module, finally Budgetary module, management of financial.

• SAP BFC10 experience on Consolidation package and inter-company analysis reconciliation, Balance sheet, income statement and closing off-balance sheet reconciliation, Gross book value intangible and tangible asset analysis /

• SAGE 300 ERP. Implemented sage 300, Sage BI customization, Categories and segmentation customization and other backend GL customization.

Internal Trainings Attended

• Emotional Intelligent Nigeria 2018

• SAP BFC10 Accounts package training La Defense, Paris 2017

• ERP Microsoft Dynamics 12 training City Antwerp, Belgium 2017 Personal Data

Marital status: Married

Sex: Male

Nationality: Nigerian

Date of Birth 13th May 1977

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