Senior Financial Operations

LANRE A. BANJO, CPA

**** ********* ****, ******** *******, MD 20747 301-***-**** E-mail: ******@**********.***

Enhancing efficiency and profitability through

best-in-class accounting and financial

systems, structures and processes.

SENIOR FINANCIAL EXECUTIVE

PROFESSIONAL PROFILE

More than twenty three (30) years of experience in accounting, auditing, finance, tax preparations, tax law, budget and planning, and financial operations and systems. Possess strong quantitative skills in accounting, financial, establishment of policy and procedures. Proficient knowledge of the U.S. Governmental Accounting Standard Board (GASB), Financial Accounting Standard Board (FASB), Generally Accepted Government Auditing Standards (GAGAS) and Generally Accepted Auditing Standards (GAAS) pronouncements and public housing regulations. Excellent organizational, communication, interpersonal, and team building skills. Ability to lead and focus on critical issues; identify opportunities, evaluate clients’ needs, establish and maintain effective relationships with senior government officials, donors, international agencies, and professional associations in the business world. Demonstrated skills in working with clients on complex issues. Develop and harness external technical expertise to accomplish desired objectives. Place high value on accuracy and pay great attention to details. Consistently striving for creativity and originality. Open and collegial work style, with ability to create partnerships and collaborate with others. Skilled in a broad spectrum of financial and management functions including governmental and cost accounting; budget development and execution; grants management; and organizational development and planning. Exceptional written and oral communication skills. Proficient in the use of several Computer Software.

CORE COMPETENCIES

Cross-Functional Team Leadership • Auditing • Finance • Tax Practice and laws• Budgeting

Public Accounting • Strategic Planning • Process Improvement • GASB • FASB • GAGAS • GAAS

Research & Analysis • Project Management • Verbal & Written Communications • Presentations & Negotiations

KEY ACCOMPLISHMENTS

Managed and implemented a complete reorganization, directly resulting in increased revenues at the University of the District of Columbia.

Optimized efficiency and productivity by closely evaluating staff performance and training team on new accounting pronouncements and income tax laws.

Received a letter of gratitude from the Chief Financial Officer of the Government of the District of Columbia, for playing a key role in establishing policies that removed cloud from recognition of revenues as prescribed by the Governmental Accounting Standard Boards (GASB).

Established policies and procedures for all accounting phases including internal controls for the entire Government of the District of Columbia

PROFESSIONAL EXPERIENCE

Banjo & Associates, CPA (1998-Present)

Owner/Operator

Directed all aspects of public accounting, providing a broad range of accounting, auditing, tax and consulting services to various clients, including individuals, small businesses and local government. Prepares tax returns for non-profit organizations, individuals, corporations and partnership. Successfully conducted compliance, education, media and risk-based audits, developed procedure manuals and evaluated processes. Reviewed and approved documentation results of audit procedures. Draft and approved observations and developed audit reports. Ensured audit issues are agreed to, resolved in timely manner and deadlines are met. Formulated financial, compliance and operational audit procedures based on audit concepts and methodology.

Continued…

LANRE A. BANJO, CPA Page 2 ******@**********.***

Selected Accomplishments

Extricated several clients from the claws of the Internal Revenue Services

Contributed to the amendment of tax laws.

Trained several Accountants for the position of sound leadership

District of Columbia Government, University of the District of Columbia (2008-2010)

Director of Accounting Operations

Successfully lead accounting staff in all facets of general accounting, A/R, A/P, pay services and customer services. Cost-effectively monitor annual Capital Outlay and Debt Service budgets and manage development/integration of the annual UDC budget. Maintain full accountability for all aspects of accounting operations, including managing activities associated with Statement of Net Assets, subsidiary ledgers and bank statements. Apply strong attention to detail toward managing A/P, reviewing and analyzing subcontractor agreements, integrating change orders, and reconciling accounts. Ensure staff strictly complies with internal policies and procedures as well as with GAAP, GASB, FASB, & NACUBO principles. Train, mentor and supervise team in researching, analyzing and preparing accurate financial documents and resolving complex accounting inquiries.

Selected Accomplishments

Developed and administered the UDC accounting system, providing leadership in the development, planning and continuous improvements of departmental systems and processes.

Completed special accounting projects to actively support governmental and non-governmental executives, officials and agencies.

Served as UDC liaison for annual UDC audits performed by external auditors.

Designed and updated procedure manuals involving all areas of accounting responsibilities.

Appointed as the District representative on various committees and task force teams designed for continuous improvement.

District of Columbia Government, Office of Financial Operations and Systems (2008)

Acting Director, Policy and Procedures Division

Prioritized and coordinated multiple projects in various stages of completion, achieving critical timelines in preparing the Comprehensive Annual Financial Report (CAFR). Researched and analyzed Public Laws to develop and integrate appropriate governing policies and drafted notes contained in the CAFR Financial Statements.

Selected Accomplishments

Established consistent accounting standards and policy for the Government of the District of Columbia.

Provided oversight and guidance for policy and procedures manual preparation for the Agencies of the District Government.

Served as a key resource to the District Government on accounting policy and procedural issues.

District of Columbia Government, Office of Financial Operations and Systems (1999-2008)

Senior Accountant

Compiled data for financial reports in accordance with GASB principles, including drafting Notes to the Financial Statements in the CAFR. Developed and managed relationships with outside vendors to facilitate external audits, and liaised between Independent Auditors, General Accounting Office (GAO), congressional sub-committees and related stakeholders. Performed extensive contract analysis, financial modeling and budget allocation to ensure accurate bookkeeping and operational efficiency. Actively collaborated with external and internal staff and accountants to research and resolve issues involving bank accounts, general ledgers and fixed assets that could affect the financial representations of the District Government. Carefully analyzed inconsistencies and conducted reconciliations accordingly.

LANRE A. BANJO, CPA Page 3 ******@**********.***

Selected Accomplishments:

Actively participated in the preparation of the Comprehensive Annual Financial Report (CAFR) for the Government of the District of Columbia.

Served as a resource to the District Government and operations on accounting policy and procedural issues.

Perform analyses of operations within the office of the District’s Chief Financial Officer.

Career Note: Additional experience as an Audit Manager for Gardiner Kamya & Company (CPA), and Senior Auditor, Gregory Washington, CPA, Washington, DC. Arthur Andersen, LLP, Coopers and Lybrand and KPMG

EDUCATION & CERTIFICATION

Master of Business Administration in Finance - Morgan State University, Baltimore, MD

Bachelor in Business Administration, Major in Accounting - University of the District of Columbia, Washington, DC

Certified Public Accountant - State of Maryland, November 1985

PROFESSIONAL AFFLIATIONS

Member – American Institute of Certified Public Accountants

Member – Government Finance Officers Association of the United States and Canada

TECHNICAL SKILLS

Microsoft Word, Excel, Microsoft Outlook, Financial Management System

Contact this candidate