Internal Audit - Pinnacle Oil and Gas Limited
(2025-05)
Downstream oil and Gas Company
- Analysis of Daily PMS, LPG, AGO report across various Filling stations.
- Checking and Confirming of Purchase orders, Internal memos.
- Preparation of loading program to storage Terminals (Lekki free trade zone, Warri Terminal) after confirming Authority to Load (ATP document) and Receipts from Finance department. Witnessing of decanting operations at the terminal.
- Weekly call back/post Purchase Order Review
- Monthly stock taking across various location-inventory dip and Weekly and Monthly Stock reconciliation.
- Carrying out vendors due -diligence as well as conduct vendors evaluation.
- Financial Analytical review and Audit Planning and documentation.
- Executing Internal Audit within the financial and accounting system and other departments (such as procurement, compliance, Legal, Engineering, Terminals, Haulage, Marine department)
- Ensuring compliance with internal control processes and government regulatory framework.
- Writing of Audit and Investigation Report with findings, Risk Assessment and proffering recommendations.
- Tracking of every payment for purchases of FX to Letter of credits account.
- Follow -Up on Audit Report Recommendations to be implemented by HODs and carry out physical verifications to ensure recommendations are fully implemented.
- Audit Planning and documentation
- Gold Card reconciliation involving Customers' deposit, wallet transactions, and consumption transactions.
Audit Manager - ECOVIS OUC
(2024-01 - 2025-05)
An audit and assurance company providing, audit and assurance, taxation accounting and financial consulting services.
- Actively engage in planning and organization of audit engagement with client as well as team planning and job allocation to team members from client's Trial Balance.
- Representing the firm in meeting with clients and preparing minutes of meeting thereof.
- Preparing the audit plan and scope of the audit engagement.
- Conducted audits for clients to ensure compliance with the International Standards on Auditing (ISA) and the International Financial Reporting Standards (IRS)
- Analysed the clients' accounting process; identifying controls, evaluating their design and testing their effectiveness.
- Evaluated the clients' entity level of controls and financial statement level of risks to determine appropriate audit approach and strategy as well as developing audit programmes.
- Provided key support during the audit of the following areas: cash & bank, account payables, account receivables, inventory, prepayment, equity, revenue and operating expenses.
- Maintaining good relationship with clients as well as providing professional advice on key business areas for clients.
- Carried out risk assessments, evaluation and management; providing assurance on the effectiveness of risk management and control procedures.
- Prepared management letter as well as audited financial statement in accordance to relevant accounting policies and standards. (IFRS and IAS)
- Computation of Corporate taxes such CIT, EDT,NASENI, Minimum Tax, Police Trust Fund, CGT and Deferred Tax.
- Training and reviewing of working paper file of junior staff in the engagement team.
Audit Manager - ECOVIS OUC
(2024-01 - 2025-05)
Major Audit Engagement
- Matrix Energy Group- Downstream and Upstream Oil and Gas (Audit Team Lead)
- Stac Marine offshore Limited – Upstream (Vessel Lease to Nigeria Agip Exploration) (Audit Team Lead)
- INTELS – Provision of logistics services to Upstream oil and Gas (Assistant Team Lead)
- Pushkal Pharmaceuticals Limited (Team Member)
Assistant Financial Manager - Schneider Electric Nigeria Limited
(2017-09 - 2023-12)
A French invested company. We provide energy and automation digital solutions for efficiency and sustainability. We empower all to make the most of their energy and resources, ensuring Life is On everywhere, for everyone, at every moment with Turnover >N10 Billion
- Financial Record Management: Maintain and update the company's financial records, including ledgers in the company's accounting software.
- Invoicing and Collections: Manage invoicing, payments, and collections to ensure timely and accurate processing of transactions.
- Internal Controls: Collaborate to develop, implement, and maintain internal control procedures to safeguard company assets.
- Tax Compliance: Prepare and file tax returns and assist with audits as required.
- Budgeting and Forecasting: Assist in preparing and managing budgets, tracking costs, and analyzing variances between actual and budgeted figures.
- Cash flow Forecast: Analysis of cash flow from bank statements and projection thereof.
- Vendor Reconciliation: Reconcile vendor statements, resolve discrepancies, and follow up on overdue receivable accounts.
- Intercompany Reconciliation: Preparation and Reconciliation of intercompany payables and receivables of Schneider Electric Global and uploading of report on ORACLE application.
- Inventory Accounting: Ensure proper accounting of inventory costs, tracking and reconciling physical inventory counts.
- Contract and Vendor Management: Support in contract negotiation and vendor management, ensuring favourable terms and financial conditions.
- Cross-Department Collaboration: Maintain a collaborative environment between finance and other departments within the company.
- Financial Reporting: Prepare ad hoc financial reports as required by the Head of Finance/CFO/Territory Accountant as well as Critical review of Trial Balances and Assist in preparation of Financial Statement as per IFRS standard (which included flowing of extended trial balance and mapping of accounts, Profit or Loss statement; Statement of Financial Position, Statement of Changes in Equity, Statement of Cash flows, Five Years Financial Summary and Notes to the Financial Statements)
- Policy Implementation: Supports financial policies, procedures, and systems implementation.
- I champion Blackline core JE Modules Training in Year 2022.
- I trained other colleagues on the usage of Blackline Tools.
- I took the lead on ICP activities and uploaded reports successfully in Oracle Portal on D+2.
- Reduction of IG Receivables from KNGN850.5 to KNGN335.2
- OG Invoices are fully posted together with accruals.
- Coverage of 100% of Fixed Asset counts.
- Boosting of Company's Cashflow by following up on overdue receivables.
- Support in OPUS Reporting.
- I related well with external officials.
- I applied and collected statutory documents such as NSITF certificate, ITF Certificate.
- Prompt remittances of statutory obligations.
- Minimizing of tax Liabilities by taking advantage of Government waivers and adhering to deadlines in order to avoid punitive measures of relevant tax authority.
- Meeting up with reporting deadlines of my organizations.
- Coordinates external audit
- Attending to audit queries.
- Coordinates FIRS and LIRS Audit.
- Successful Registration of employees on LIRS E-tax Portal Filing of annual returns.
Senior Accountant - Mastersports International Limited
(2016 - 2017)
A sports marketing specialist offering sports marketing and media management services in Nigeria
- Overall management of account, Daily Reports of Cash Position and Weekly Bank Balances, Budgets and Financial reporting to management, supervision of junior staff to ensure up to date of accounts and proper functioning of finance department.
- Successful implementation of Peachtree accounting
- Drive the recovery of debts.
- Minimizing tax liabilities by recovering of tax from bad debts.
- Prepared error-free monthly management accounts & weekly forecasts as per agreed reporting timelines
Account Manager/Treasurer - Dogan's Sugar Limited
(2016-01)
Incorporated in July 2013 in Lagos, Nigeria as a European invested company for the will to produce quality sugar products. In production of Dogan's Sugar Cubes, it is only used full automatic high technology European sugar processing lines with zero hand contact with the product.
- Purchase requisition order of raw materials
- Collations of time sheets of labourers for remunerations
- Overall Management of Accounts, Budget and Reporting and payroll matters
- Assist Chief Financial Controller to perform general treasury-Payments, receipts, FORM M processing, Bank relationship
- Supervise monthly bank reconciliation for all accounts and ensures completeness and accuracy
- Oversee the efficient handling and management of all insurance policies of the company such as Group Life Assurance, Car, Group Personal Accident, Industrial all risks, Private Motor, Public/Product Liability, Commercial Vehicle, Goods-In-Transit etc
- Oversee the efficient and efficient organization of all exports grants application and documentations
- Check and cut cost within a reasonable extent
- Investment of company's excess fund to a fixed deposit account, treasury bills after approval
- Assist in monitoring and ensuring adequate controls over financial administration, expenditures and asset management across department
- Preparation and Presentation of FX exposure, cash and bank balances report, Monthly cashflow forecast, Preparation of receivables and payables ageing analysis.
- Helped in sourcing for fund from banks to meet up demands and supply of materials.
- Supported Human Resource by placing job vacancy on dailies and attending to immigration matters of expatriates.
- Implementation of cost savings culture through the establishments of budgets.
- Successfully cut down excessive cost from field engineers.
- Carried out a successful research on market prices of materials within Nigeria business environment.
Group Accountant - Bolar International Group of Companies (Bolar Pharmaceuticals Limited(Manufacturing and Wholesale), Rubitec Nigeria Limited, Rubitec Power Limited) - 72, Adeniyi Jones Avenue, Ikeja, Lagos, Nigeria.
(2014 - 2015)
Finance and Administration
- Preparation Management Accounts.
- Preparation of account receivables and Payables.
- Preparation of Payroll.
- Remittance of P.A.Y.E and Filing of Annual Returns.
- Obtaining of Tax Clearance Certificate
- Computation of company's income tax and VAT payables
- Obtaining TIN and VAT number for a newly incorporated company
- Filing of Objections based on wrong tax Liabilities.
- Relating with company's Lawyer, External Auditor and Tax Consultant on legal matters.
- Registration of company with PENCOM and ITF and remittance of dues thereof.
- Handling matters relating to the various statutory requirements.
- Management of cash flow of the company.
- Relate with banks to meet company requirement.
- Preparation of accurate management costing for company's operation.
- Handling human resources and administrative matter as well as Logistics.
Account Officer - Pace Heritage Limited - Plot C15/4 Agbara Industrial Estate, Agbara, Ogun State.
(2012 - 2014)
Manufacturing
- Verify and manage all payables
- Perform daily cash receipts, deposits, expenses and reports.
- Assist with administering payroll and maintaining petty cash for the office.
- Verify and record all reimbursement account and create bills to be paid.
- Responsible for reconciliations of cash account and bank statement.
- Organization and tracking of purchase orders and invoices,
- Periodic submission of accounts payables to the Director of Finance for approval
- Work with various departments to ensure timely and accurate processing of data.
Administrative Department (N.Y.S.C) - Olabisi Onabanjo University - College of Agricultural Science, Ayetoro, Ogun State.
(2010 - 2011)
National Youth Service Corps (NYSC)
- Compilation of students'results
- Registration of students' bank draft and course form
Presiding Officer - Independent National Electoral Commission (I.N.E.C) - Ayetoro, Ogun State
(2011)
National Youth Service Corps (NYSC)
- Accreditation of voters
- Sorting and counting of voters' ballot papers
- Declaring of electoral result in my assigned polling unit
- Pasting of result in the polling unit for public consumption
