INIOBONG DENNIS UDOH, B.SC NIM MBA ACA

Plot **, Adebayo Street, Adewunmi Estate

Ojodu Berger, Lagos, Nigeria.

Cell: (+234)803-***-****

Email: adp5ir@r.postjobfree.com

PROFILE

Experienced finance professional with years’ working experience in Commercial Bank, with cross-cultural and international exposure across Africa. Strong business support, financial analysis skills, Sound experience in accounting, business planning, management reporting, treasury and taxation. An outstanding team player and business partner with a comprehensive suite of leadership and interpersonal skills and a culture for attention to details. I possess strong communication and organizational abilities. I am an associate of the Institute of chartered accountant and an associate of the chartered Institute of Taxation.

PROFESSIONAL STRENGTHS

Forecasting, Strategic Financial Analysis and Business Planning Skills

Analytical and problem-solving skills with a culture for attention to detail

Risk Management, Operational Excellence

Strong verbal and written communication skills

Excellent people development and management skills

Strong governance mindset

Managing multiple stakeholders and multiple reporting lines

Proven success in managing virtual teams

Proficiency in utilization of collaboration tools, Microsoft Office

WORK EXPERIENCE

NSEHE MICROFINANCE BANK NIGERIA LIMITED, UYO

HEAD, INTERNAL CONTROL/AUDIT, JANUARY 2017 – NOVEMBER, 2021

Reporting to Chairperson Board Audit Committee

Creating and updating control policies and procedures in line with the developments in the industry (especially from regulatory authorities); ensure bank-wide compliance with policies and procedures.

Participate and assess the credit cycle process (pre disbursement and post-disbursement) to ensure compliance.

Conduct indepependent spot checks on various units and identifying problem areas and offering recommendations to improve the control environment.

To plan, organize and carry out the internal controls function including the preparation of and audit manual and audit plan

Keep track of sensitive processes to ensure compliance with regulatory directives across key units within the Bank.

Review of GL/ Income accounts to ensure that all entries are processed promptly and no income leakages.

Review of past internal & External audit/ Control recommendations/ Regulatory reports/ fraud trends to identify exceptions raised and key lessons learnt in order to track remedial action/ compliance within agreed timelines and ensure adequate controls to prevent repeat findings.

Ensure adequate protection of the Bank’s asset: financial, physical etc. through appropriate monitoring

Provides recommendations for improving the organisation.s operations.

Conduct field visit to verify the formation of groups, existence of a client which the loan is disbursed, qulaity and maintence of collateral pledged, and the loan field analysis conducted by the CRO.

Conduct daily prepayment checks and vouching of all payments and other capital or overheads requests.

Ensure compliance of KYC procedures in processing new customers in an effort to control money laundering activities.

Writing of monthly report

Monitored and ensured that adequate and timely rendition of Returns to regulatory authorities such as CBN, NDIC, CAC and FIRS.

DELOITTE CONSULTING FIRM LAGOS, NIGERIA

INTERNAL AUDITOR FEBRUARY 2014 –DECEMBER 2016

Reporting to the Managing Partner/Executive

Analyze data for internal audit. Determine the adequacy and effectiveness of the Company's system of internal accounting and operating controls.

Review the reliability and integrity of financial information and the means used to identify measure, classify and report such information.

Gather data for internal audit through a variety of methods including interviews, financial research, downloads, etc.

Research laws, regulations, State policy and standards issued by accounting boards and professional organizations.

Review the Company's systems to ensure compliance with those policies, plans, procedures, laws and regulations which could have a significant impact on operations and reports, and determine whether the Company is in compliance and suggest policy where required.

Review compliance with the State’s guidelines for ethical business conduct.

Evaluate any plans or actions taken to correct reported conditions for satisfactory disposition of audit findings. If the corrective action is considered unsatisfactory, hold further discussions to achieve acceptable disposition

Establish quarterly audit plan and audit programs. Coordinate audit efforts with those of state, federal and other independent outside auditors. Grant sub-recipients would be monitored as applicable.

Submit the annual internal audit work plan to the Accounting Manager for review, input and approval.

Follow-up on audits and organizations for implementation of recommendations.

Provide adequate follow-up to make sure that adequate corrective action is taken and that it is effective

Ensuring timely rendition of monthly and quarterly Company Financial Report comprising of Income Statement, Cash Flow, Balance Sheet, Trial Balance, and General Ledger in accordance with laid down accounting principles & Guidelines.

Monthly preparation of Company Payroll in accordance with Federal/State principles and guidelines on Tax And Pension

Filing of Clients annual returns with both Federal and State governments.

Continuously monitor and ensure implementation of codes, rules and guidelines as may be issued from time to time.

Processing of Tax Clearance Certificate with the Federal and State governments.

Participation in Tax Reconciliation Committee meetings both at the Federal and State levels.

STANBIC IBTC BANK PLC. LAGOS, NIGERIA

DEPUTY MANAGER (CORPORATE BANKING SBU)

RELATIONSHIP TEAM LEADER, NATIONAL CORPORATE, IKEJA MARCH 2012 – JANUARY 2014

•Deepening of existing relationship to optimize Group’s business gains and opportunities.

•Drive the Group’s credit portfolio through a periodic review of risk, exposure and profitability.

•Gather and analyse strategic information to proactively manage the impacts of environmental/policies changes on the Banks business.

•Institute and articulate policy direction to combat this in tandem with the banks strategic vision.

•Periodic review through industry and Peer group analysis to pragmatically measure overall.

•Performance and contribution of the Team to the Bank’s overall business growth and development.

•Evolvement and implementation of strategies for new business growth and development through effective marketing and penetration approach.

•Periodic pricing survey and review through an intensified liabilities drives to reduce reliance on pool funding.

•Member, Budget Committee

•Relief Senior Manager (as the need arises).

STANBIC IBTC BANK PLC

CORPORATE BANKING GROUP

BANKING EXECUTIVE – (HEAD CREDIT AND MARKETING UNIT APAPA BRANCH) AUGUST 2008 – FEBRUARY 2012

•Appraisal of Credit & Overdraft request

•Preparations of offer letters

•Credit Administration

•Ensuring compliance with conditions precedents to drawdown

•Ensuring an update on security documentation and perfection

•Formulate of policy measure towards bad debt aversion

•Doubled as loan recovery officer

STANBIC IBTC BANK PLC

BRANCH OPERATIONS

BANKING OFFICER (CASH AND TELLER) AUGUST 2007 – JULY 2008

•Management of cash position of the branch.

•Supervision and authorisation of all inward and outward clearing cheques of the branch.

•Ensure a quick turnaround time in all related transactions.

•Daily operations call-over of transaction.

IBTC CHARTERED BANK PLC

TREASURY AND MARKETING DEPARTMENT

BANKING OFFICER MAY 2006 – AUGUST 2007

•Backup to a chief dealer domestic treasury.

•Dealing in the interbank market.

•Maintenance of investment register.

•Collection and raising of all treasury transaction entries.

•Processing of Interbank transfer at the CBN

•Preparation of returns.

FIRST BANK OF NIGERIA PLC

TREASURY AND FINANCIAL CONTROL UNIT (NYSC), MARCH 2005-MARCH 2006

•Raising of all entries.

•Posing and batching of vouchers.

•Calling over of transaction vouchers.

•Book keeping of placement/takings transaction.

•Opening of LC’s.

•Documentation of export/importation transactions.

EDUCATION

The institute of Chartered Accountants of Nigeria (ACA)

Chartered, 2015

LadokeAkintolaUniversity, Ogbomosho(MBA)

(Marketing and Finance) 2009

Graduate Member, Nigeria Institute of Management (NIM)

Chartered, 2006

B.Sc. (Hons.) EconomicsSecond Class Upper) (2:1)

University of Uyo–2004

Contact this candidate