Adetola Oduola
Location: Lagos, Nigeria Telephone: +234 (0-806-***-**** Email: adw14m@r.postjobfree.com
Professional Profile
Summary: Experienced Finance and Audit professional seeking new opportunities to leverage over 30 years of expertise in finance, accounting, internal controls, auditing, risk management, compliance, and fraud prevention. A results-oriented individual with a high level of integrity, commitment, and tenacity for excellence. Possessing strong team spirit, interpersonal skills, and the ability to work under pressure with appreciable results. Skilled in financial reporting, project evaluation, tax management, human resource management, and organization development. Certified member of several professional bodies including ICAN, CITN, ICMA, ISACA, and ACFE. Ready to apply knowledge and skills to add value to new organizations.
Core Skills
Financial reporting
Internal controls and auditing
Fraud investigation and reporting
Compliance
Risk assessments and ERM
Compliance training and communication
Tax planning, computation, and administration
Investments management
Project evaluation and management
Human resource management
Career Summary
February 2019 – Present
GROUP HEAD, INTERNAL AUDIT & CONTROL
The GIG Group, Lagos Nigeria
Key Responsibilities:
Established and managed the internal control activities of the Group and its subsidiaries to ensure effective service delivery.
Developed internal audit work plans and financial control instruments, setting standards and guidelines required for effective service delivery of core operations.
Provided guidelines for budgeting and budgetary process monitoring and appraisal.
Took the lead in procurement, contract negotiation, and finalization.
Designed compliance mechanisms with statutory regulations, tax planning, and administration.
Managed internal controls, banking services, and funding for short and long-term capital projects.
Established and coordinated the internal audit team, internal audit programs, and reviewed and recommended internal control procedures in line with current audit standards and best practices.
Key Achievements:
Successfully set up and coordinated the internal audit team, resulting in an improvement in the quality of internal controls and increased efficiency of internal audit activities.
• Developed and implemented internal control mechanisms that resulted in cost savings, improved operational efficiency, and reduced risk.
• Designed and implemented an effective tax planning and administration mechanism, resulting in a reduction in tax liability.
• Implemented best practices in procurement, contract negotiation, and finalization, resulting in a reduction in procurement costs.
• Designed and implemented effective budgeting and budgetary process monitoring and appraisal mechanisms, resulting in an improvement in budgetary control.
• Ensured compliance with statutory regulations and improved banking services, resulting in a reduction in compliance risks and improved financial reporting.
Sep 2016 – Apr 2017
May 2017 – Jun 2018
FINANCE & ACCOUNTS MANAGER
HEAD, INTERNAL AUDIT & CONTROL
Visionscape Sanitation Solutions Limited, Nigeria
Key Responsibilities:
Overall responsibility for the management and coordination of the financial activities of the company.
Set up the management structure of the Finance department
Develop financial policies, financial instruments and documentation.
Instrumental in setting up Payroll Management Systems
Spearheaded the development of Chart of Accounts, Reporting deadlines, financial reporting, cash flow management, and management information reporting.
Setting up of standards and guidelines required for effective service delivery
Provided guidelines to budgeting and budgetary process monitoring and appraisal
Team Lead in Procurement, Contract negotiation and finalization
Design mechanism for compliance with statutory regulations, tax planning and administration.
Internal controls, banking services, funding of short and long-term capital acquisitions
Setting up, review and recommendation of internal control procedure in line with industry standards and best practices
Key Contributions:
Led the team in providing 3rd line support for cloud infrastructure, resulting in a high level of customer satisfaction and minimal downtime.
Implemented automation and scripting processes to improve efficiency and reduce manual errors, resulting in a 30% increase in productivity for the team.
Migrated on-premises infrastructure to the cloud, resulting in cost savings and improved scalability for the organization.
Led incident management and resolution, resulting in a 50% reduction in mean time to resolution.
Developed and maintained documentation for cloud infrastructure and processes, resulting in improved onboarding and training for new team members.
Collaborated with development teams to implement platform engineering practices and DevOps culture, resulting in faster deployment times and improved software quality.
Implemented infrastructure as code using Terraform, Ansible and Puppet, resulting in more efficient and automated infrastructure provisioning and management
Configured and maintained networking and virtualization technologies, such as Cisco routers and switches, VMware vSphere, ensuring optimal performance and availability.
Oct 2012 – Jun 2014 MANAGER, FINANCE & ACCOUNTS
Jul 2014 – Jan 2015 MANAGER, INTERNAL AUDIT & CONTROLS
Unitech Drilling Company Limited, Portharcourt, Nigeria
Key Contributions
Provided exceptional coordination of the activities of the Finance and Administration department
Monthly and annual financial reporting, cash flow management, management information reporting
Internal controls, banking services, funding of short and long- term projects
Budget preparation and monitoring.
Statutory regulations and compliance
Corporate and Personal income taxes, filing and administration
Contract negotiations with suppliers
General office administration
Setting standards and guidelines required for effective performance of clients’ projects.
Setting up, review and recommendation of internal control procedure in line with industry standards, compliance with statutory regulations.
Jul 2008 – Sep 2012 MANAGING PARTNER
Adetola Oduola & Co., Portharcourt, Nigeria
Key Contributions:
Overall responsibility for the coordination of the activities of the Firm.
Setting standards and guidelines required for value-added audit and Accounting/Management services
Mar 2003 – Jun 2008 CHIEF ACCOUNTANT
Techint Cimimontubi Limited, Bonny, Nigeria
Key Contributions:
Provided top-notch supervision of accounting and finance duties (Revenue budgeting, developing procedures, cash flow forecasting, short-term investment, etc.)
Interface with Statutory auditors
Management of company relationship with Federal, State and Local Government Regulatory Agencies
Dec 1999 – May 2002 SENIOR FINANCIAL ACCOUNTANT
BJ Services Company Limited, Portharcourt, Nigeria
Key Contributions
Revenue and expenditure budgeting and analysis
Supervision of Accounts team
Procurement of key consumables and spares
Management of Payables and monthly reconciliation and reporting
Receivables Age Analysis and Credit Controls
Staff Payroll, Statutory deductions and remittances
Management of Assets Insurance
Oct 1989 – Jun 1996 Audit Senior/Supervisor
Deloitte, Haskins & Sells, Lagos Nigeria
Key Contributions
-Statutory Audit of:
Banks & other financial institutions (Banks, Finance Houses, others)
Manufacturing/publishing companies (including multinationals)
Shipping and service oriented companies (shipping, construction, Associations and Clubs)
Oil & Gas and related companies (consolidated oil limited & others)
-Provided Reporting Accountant services to various clients on Initial Public Offers
-Company Income Tax Computation, Filing and Defence
-Presentation of Financial Reports to Shareholders at Annual General Meetings
-Corporate Secretarial Administration
Education & Qualifications
Bachelor of Science (BSc), Accounting 2nd Class Upper
University of Lagos, Lagos, Nigeria
Master of Business Administration (MBA), Finance & Accounting
Obafemi Awolowo University, Ile-Ife, Nigeria
CERTIFICATIONS
Fellow, Institute of Chartered Accountants of Nigeria (FCA)
Associate Member, Chartered Institute of Management of Nigeria
Fellow, Chartered Institute of Taxation of Nigeria (FCTI)
Certified Member, Microsoft Certified Professional (MCP)
Certified Member, Association of Certified Fraud Examiners, Texas (ACFE)
Certified Member, Institute of Certified Management Accountants, Australia
Certificate of Completion, CISA Certificate Prep 1, 2, 3, 4 and 5
Additional Information
Keyword Skills: Chartered Accountant Financial Reporting Internal Audit and Control Advanced Financial Statement Analysis Financial Modelling Fraud Prevention, Detection and Management Due Diligence and Valuation Regulation and Compliance Industry and Firm Analysis Risk Analysis and ERM Corporate Strategy and Economic Analysis Risk Control & Compliance Management Warehouse & Logistics Management Project Evaluation and Management Organisation Development and Reengineering Budgeting, Forecast and Performance Monitoring Negotiations and Cost savings Organization Communication Proactive Self-starter Regulatory compliance Investment Management Tax Planning, Computation, Filing and Administration Proactive Self-starter
References: Available on request