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Tokunbo
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Financial accountant/project accountant/internal auditor
Job Type: Full-Time , open to relocation

Education

From 0 to 2011
University of Lagos
From 0 to 2008
University of Lagos
Languages:
Afrikaans

Experience

Resident Control Officer/Internal Auditor
XL Management Services Limited
September 2012 - Present Day (4 years 7 months)

  • evaluates and provides reasonable assurance that risk management, control, and governance systems are functioning as intended and will enable the organisation's objectives and goals to be met
  • reports risk management issues and internal controls deficiencies identified directly to the audit committee and provides recommendations for improving the organisation's operations, in terms of both efficient and effective performance
  • evaluates information security and associated risk exposures
  • evaluates regulatory compliance program with consultation from legal counsel
  • evaluates the organisation's readiness in case of business interruption
  • maintains open communication with management and the audit committee
  • teams with other internal and external resources as appropriate
  • engages in continuous education and staff development
  • Provides support to the company's anti-fraud programs.
  • To monitor the integrity of the financial statements (Profit and loss, Balance sheet, Value added statement and the cash flow statement) of the Company and ensuring the implementation of any formal announcement relating to the company’s financial performance and significant financial judgments contained in them.
  • Budget preparation, review, implementation and execution towards the attainment of the corporate goal of the organization.
  • Asset verification/management and the maintenance of proper safeguards for their protection.
  • Determining whether the Company's framework of risk management, control, and governance processes, as designed and implemented by management, is adequate and functioning by assessing the adequacy and effectiveness of the Company's processes for controlling its activities and managing its risk.
Head of Accounts/Finance
Logic Sciences Limited|( Supply & Installation of CCTV, Fire Alarm System and ICT Infrastruture
September 2011 - August 2012 (1 year )

·Budget preparation, review, implementation and execution towards the attainment of the corporate goal of the organization.

·Conducts regular reviews of operational and accounting systems and practices to identify weaknesses and make suitable recommendations for improvement.

·Examination of financial and operating information for management, including detailed testing of transactions and balances.

·Working Capital Management in line with corporate objectives and best practice.

·Review bank reconciliation statements and follow up on reconciliatory items.

·Preparation of monthly and year end management report.

·Asset verification/management and the maintenance of proper safeguards for their protection.

·Submits a monthly report to the CEO outlining activities/work undertaken during the previous month with recommendations for possible actions and or/improvements.

·Maintaining contacts and interaction with External Auditors, Tax Authorities and other Financial Consultants of the company.

·Monthly and Yearly preparation of Management A/Cs. (Statement of Comprehensive Income, Statement of Financial Position, Statement of Cash flow etc).

·Monitoring petty cash management & Monitoring usage and retirement of corporate advances.

·Receive computations with the source document for calculation form Payroll officer for vetting & Check the posting to the company statement general ledger.

·Management of all forms of taxes relating to Federal & State Government such as PAYE, VAT, Withholding tax, Income tax etc.

·Determining whether the Company's framework of risk management, control, and governance processes, as designed and implemented by management, is adequate and functioning by assessing the adequacy and effectiveness of the Company's processes for controlling its activities and managing its risk.

·Oversee financial functions including the development of financial policies.

·Maintenance of accounts receivables and payables.

Qualified Senior
Olu Ajekigbe & Co Chartered Accountants
July 2010 - August 2011 (1 year 2 months)

Auditing functions

·Payroll Accounting and audit for client.

·Post Audit review of financial statement.

·Investigation into suspected financial misstatement and fraud.

·Forensic review of financial statements for possible litigation.

·Company reconciliation statement preparation & Final account preparation from incomplete records.

·Final account preparation for client (Profit & loss account, balance sheet, Cash flown statement etc.)

·Ensuring that clients keep all necessary & relevant records.

·Reclassification of operating expenses into their respects and appropriate headings.

·Stock taking exercises with detailed examination of company’s stock position.

·Extracting information from final account for tax purposes.

·Ascertaining that clients comply with statutory and Accounting Standards (G.A.A.P).

·Preparation of fixed Asset schedule to obtain historical cost, accumulated depreciation and net book value.

·Vouching of transactions to relevant document with a view of obtaining necessary audit evidence.

·Extraction, extension, and classification of information that will aid the preparation of final account.

Tax Functions.

·Computation of value added Tax for clients (Limited Liability companies/Quoted Company).

·Computation of PAYE for clients staffs.

·Asset certification for Capital allowance Calculation.

·Tax advice to clients in respect of transactions.

·Remittance of Tax payable on behalf of clients to the right tax offices.

·Computation of Company Account for the period (Company Income Tax).

·Petroleum Profits Tax compliance review.

·Withholding Tax and Value Added Tax review.

·Taxation of gas and shipping companies & Tax implications of shared service arrangements.

·Responding to tax quarries on behalf of clients.

·Liaising with relevant tax authorities on behalf of clients.

Accountant
Fowobi Enterprises Limited(Independent Marketer of Petroleum Products)
January 2004 - June 2010 (6 years 5 months)

· Review bank reconciliation statements and follow up on reconciliatory items.

· Preparation of monthly and year end management report.

· Asset verification/management and the maintenance of proper safeguards for their protection.

· Submits a monthly report to the CEO outlining activities/work undertaken during the previous month with recommendations for possible actions and or/improvements.

· Maintaining contacts and interaction with External Auditors, Tax Authorities and other Financial Consultants of the company.

· Monthly and Yearly preparation of Management A/Cs. (Statement of Comprehensive Income, Statement of Financial Position, Statement of Cash flow etc).

· Monitoring petty cash management & Monitoring usage and retirement of corporate advances.

· Receive computations with the source document for calculation form Payroll officer for vetting & Check the posting to the company statement general ledger.

· Management of all forms of taxes relating to Federal & State Government such as PAYE, VAT, Withholding tax, Income tax etc.

· Determining whether the Company's framework of risk management, control, and governance processes, as designed and implemented by management, is adequate and functioning by assessing the adequacy and effectiveness of the Company's processes for controlling its activities and managing its risk.

· Oversee financial functions including the development of financial policies.

· Maintenance of accounts receivables and payables.

Account Officer
Fowobi Enterprises Limited(Independent Marketer of Petroleum Products)
August 2001 - December 2003 (2 years 5 months)

· Preparation of bank reconciliation statement.

· Preparation of cashbook and payment of cash vouchers.

· Preparation of monthly payroll.

· Lodgement and withdrawal of cash.

· Posting of receipts, payments and invoices.

Additional information

About Me

Associate Chartered Accountant (ACA)

Associate Chartered Stockbroker (ACS)