Group Chief Financial Officer - PROFORCE GROUP - Victoria Island, Lagos
(2026-02)
- Responsible for development and execution of the company's financial strategy
- Aligning financial plans with the organization's overall business objectives
- Responsible for leading annual budgeting and business planning
- Supervising and coordinating the development of financial projections, forecasts, and scenarios
- Monitor actual performance against budget and explain variances
- Responsible for accurate and timely financial statements and management reports
- Maintaining and ensuring compliance with accounting standards and regulatory requirements
- Providing meaningful financial insights to management and the Board
- Evaluate major capital expenditure and investment proposals
- Responsible for deployment of capital to areas that generate the best returns
- Assess investment opportunities and business expansion plans
- Prepare financial models and business cases for investors and lenders
- Negotiate financing terms with banks and other financial institution
- Ensuring the right financial instruments are in pace to facilitate smooth transactions
- Identifying and managing financial and business risks
- Develop a strong finance team and promote financial discipline across the organization
- Provide oversight for liquidity planning, cashflow management, and capital allocation
- Optimize working capital, banking relationships, and corporate treasury operations
- Manage FX exposures, hedge strategies, and treasury risk
Head, Finance & Account - PROFORCE GROUP - Victoria Island, Lagos
(2014-09 - 2026-01)
Proforce Limited is a total defence solution provider specializing in armoured vehicles, Drones and personal protection. The company's focus is on the delivery of confidence in protective mobility. September 2024: Promoted from Manager to Senior Manager level: To lead more complex projects and mentor other managers for peak performance, in addition to job duties as highlighted below.
- Monitor loan facilities to ensure that funds are made available in line with the monthly repayment schedule to constantly maintain the positive credit rating for the company
- Managing a team of 12 including financial reporting, risk identification and strategic planning
- Achieved cost reduction of 24% in total cost of production by drastically reducing labor idle time, cost of re-work and material wastages
- Coordinating the preparation of annual budget and monitoring the performance on monthly basis
- Forecast cash flow positions, planning future investment and expansion of the business
- Maintain good banking relationship by keeping company's bankers apprised of the company's financial condition/projections, as well as any forthcoming changes in its need for support facilities
- Collating, developing and overseeing the plant's budgeting and reporting on performance
- Ensuring the accuracy and integrity of financial records in compliance with IFRS
- A member of Senior Management team, managing and planning the manufacturing Plant financial requirement and ensuring smooth execution of projects
- Changed the inventory management system and introduced Just -In -Time inventory system for specific capital-intensive items which led to more effective working capital management and boosted company's liquidity
- Working closely with Technical and Production team to ensure production targets and deadlines are met by prompt funding of their Bill of Materials
- Coordinated the deployment and managed an ERP System (Enterprise Resource Planning), in a bid to streamline, automate internal processes, create more accurate and efficient operation
- Significant and extensive contributions associated with improvements in financial reporting, business controls, cash management, financial planning, budgeting and cost accounting
Group Accountant - KELSEY GREENE NIGERIA LIMITED - Ikeja, Lagos
(2009-03 - 2014-08)
Kelsey Greene is a group of companies with interest in diverse sectors including: Hotels and Conference Center, Event Centers, Property Development and Shopping Malls/Supermarket. September 2013: Promoted from Accountant to Group Accountant.
- Provided leadership and business management in the areas of general accounting, cost accounting, business planning, cost reduction programs and financial reporting
- Managed team of 13 supporting CEO by overseeing management reporting and strategic planning
- Recruited and mentored 4 Accounting Associates to Corporate leadership roles
- Strategized with cross-functional to develop Strategic Business unit profit & loss, improving accuracy and timeliness of reports
- Led turnaround initiatives that saw the company's profitability improved via monitoring and reviewing of cost of sales to consistently target and achieve 45% Gross Profit Margin
- Key management team member responsible for implementing new business processes and solutions
- Coordinated and supervised the financial/business planning and forecasting/budgeting with special emphasis on cash flow, pricing, profit levels, financial ratios and reporting
- Completed clean financial Audit with KPMG and oversaw preparation of tax returns
- Maintained a documented system of accounting policies and procedures
- Ensured efficient cash flow management, prepared activity reports and financial forecasts
- Formulated and implemented strategic and long-term business plans that minimize financial risk
- Conducted reviews and evaluations for cost-reduction opportunities
- Managed financial accounting, monitoring and reporting systems
- Analyzed markets for business opportunities, such as expansion and diversification
- Ensured timely remittance of all taxes and other statutory deductions
- Developed policies and procedures for the finance department
- Developed external relationships with appropriate contacts, e.g. Auditors, solicitors, bankers and statutory organizations such as the inland revenue
- Supervised all staff in the finance department for peak performance
Financial Accountant - KELSEY GREENE NIGERIA LIMITED - Ikeja, Lagos
(2013-03 - 2014-08)
Kelsey Greene is a group of companies with interest in diverse sectors including: Hotels and Conference Center, Event Centers, Property Development and Shopping Malls/Supermarket.
- Provided leadership for a team of 5 in general accounting and financial reporting in the Event Centers/ Shopping malls (SBU)
- Managed team of 3 and supervised the finalization of financial reports
- Recruited and mentored 4 Accounting Associates to Corporate leadership roles
- Strategized with cross-functional to develop Strategic Business unit profit & loss
