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Adeniyi
Personal data and contacts will be open only to employers with access to CV database
Internal audit 7 000 000
Job Type: Full-Time

Education

From 0 to 2004
University of Akoka, Lagos
From 0 to 1992
C.M.S Grammar School Bariga, Lagos
From 0 to 2006
Lagos University Ojo
No added languages

Experience

Resident Internal Control officer
Keystone Bank Ltd
August 2009 - Present Day (7 years 11 months)
  • Call-over of transaction tickets
  • Ensuring adequate control and security of bank’s properties
  • Review of bank’s General Ledgers especially income and expense lines for revenue assurance
  • Reconciliation of some General Ledger accounts.
  • Review of Proofs prepared and submitted for accuracy and integrity of open items.
  • Review of Account opening files for completeness.
  • Carrying out substantive tests on the bank’s transactions records to ensure data integrity
  • Investigating customer’s complaints and related issues.
  • Investigating policy violations and infraction.
  • Carrying out spot-checks on regular basis to ensure adequate security on systems sensitive areas.
  • Provision of required systems audit materials for regulatory bodies in line with banking law.
  • Carrying out integrity test and security sweep.
  • Review of request for release of security of liquidated facilities.
  • Review and Confirmation of Clearing Cheques.
  • Provide Control Counselling, Advisory and Decision Support Services.
  • Enforce Compliance with the Bank’s KYC and KYC(B) policy
  • Other functions as delegated from time to time by the Unit Regional Executive controller.
Audit & Risk Management officer
Cornerstone Insurance Plc
August 2008 - July 2009 (1 year 1 month)

Strategic Functions:

  • Evaluate and recommend controls;
  • Monitor the implementation of controls;
  • Ensure adherence to management policies;
  • Safeguard company assets;
  • Liaising with External Auditors and other Regulators as required.
  • Secure as much as possible the completeness and accuracy of records.
  • Efficiency & effectiveness of operations.
  • Corporate Governance and Statutory / Regulatory Compliance Reviews.
  • Advise on and monitor adherence to best practice.

Primary / Basic Duties & Responsibilities

  • Provide thorough Head Office / Branches audit.
  • Generate accurate and timely reports.
  • Ensure compliance with company’s policies and regulations.
  • Routine audit of operations in all units and branches.
  • Prepayment audit of all transactions.
  • Audit of Subsidiaries.
  • Carry out investigations on behalf of the Management.
aUDIT OFFICER
RAAJI rASHEED & CO.
August 2007 - August 2008 (1 year 1 month)

Functions

  • Asset management audit
  • Carry out financial audit
  • Operational audit function
  • Human capital audit
  • Review and computation of Personal and Companies Income Tax.
  • Carry out investigation functions.
  • Carry out spot check on cash and stocks.
  • Identification and reporting of operational lapses and reconciliation issues.
  • Detect operational/fraud/business.
  • Ensure Compliance with Policy and Regulatory Guidelines
  • Provide Control Counseling, Advisory and Decision Support Services.
  • Review policy and products of the Company to ensure compliance control adequacy.
  • Reconciliation of Client’s account and confirmation of balances.
  • Preparation of Financial account.
  • Other functions as delegated from time to time by Head of the Unit.
Financial Control Officer
Nigerian Stock Brokers Ltd
April 2007 - August 2007 (5 months)
  • Clients account maintenance & creation.
  • Reconciliation of Bank Accounts.
  • Collection of debt.
  • Preparation of Management Accounts.
  • Tracking of Income.
  • Relationship with Banks on NSL facility.
  • Preparation of Journal and Ledger account for both income and operation expenses.
  • Computation of Portfolio Management Fee.
Credit control officer
Royal Exchange Assurance Plc
June 1996 - September 2006 (10 years 4 months)

Credit Control

  • Agency accounts maintenance.
  • Report generation – Statement of account, Cash collection, and Agency outstanding report for management.
  • Change of agency on policy.
  • Joint reconciliation of agency account.
  • Payment involving co-insurance premium.
  • Confirmations – Premium position for claims payment, Verification of return premium & over payment voucher, Verification of co- insurance voucher.
  • Outstanding premium collection drive.
  • Outstanding debit note request.
  • Agency account maintenance & creation.

Client Accounts Management

  • Transfer of outstanding premium collected to Production Account.
  • Maintenance and updating of client’s statement of account.
  • Confirming adequate calculation of discount, commission & value added tax.
  • Maintaining and ensuring proper accounting on credit’s ledger.
  • Reconciliation and collection of outstanding premium.
  • Preparation of weekly and monthly premium collection report to the management.
  • Confirmation of all cash and Cheque requests and payment of such.
  • Payment of Board and management staff allowances.
  • Carried out periodic check on client account to ensure correct and valid account are being debited / credited and where errors/ queries arise, Journal voucher is prepared to effect correction.
  • Preparation of Contractors Payment Schedules and Cheques.
  • Ensured that errors resulting from receipt posting were corrected immediately and within the shortest possible time.

Operating Expense Administration

  • Preparation and maintenance of Imprest system for the branch.
  • Purchasing of Stationeries, Furniture’s & Equipments.
  • Preparation of Journal and Ledger account for both income and operation expenses.
  • Adequately reviewed General ledger accounts for OPEX, in ascertaining validity of transactions, and in the event of any posting error, timely correcting Journal vouchers were prepared.

Agency Commission Management

  • Computation and Preparation of Agency commission.
  • Computation and Preparation of Agency Over-riding commission.

Report Processing

  • Issue of statement of account to client.
  • Preparation of Cashbook and Reconciliation Statement of Various Accounts.
  • Use of Insurance Accounting Package – Royal 2000 System (X).
  • Preparation of Weekly and Monthly Sales collection Report to the management.