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Sunday Ikechukwu

Sunday Ikechukwu

FINANCE & ACCOUNTS MANAGER | STRATEGIC FINANCE LEADER | CHARTERED ACCOUNTANT

Kilogbe, NigerMember since August 31, 2023
Corporate FinanceProject AccountingSage ERPPerformance ManagementCross-functional CollaborationProcess ImprovementManagement ReportingInternational Financial Reporting Standards (IFRS)Corporate GovernanceInternal ControlsAudit ManagementTreasury Management
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About

Results-oriented Chartered Accountant (ACA) with over 11 years of progressive experience delivering strategic financial leadership across the Oil & Gas, Construction, Marine, Manufacturing, and Banking sectors. Proven expertise in financial reporting, corporate finance, treasury management, financial planning and analysis (FP&A), project accounting, taxation, budgeting, internal controls, ERP implementation, audit management, and business performance optimization. Recognized for partnering with executive management to improve profitability, strengthen corporate governance, optimize working capital, and support informed business decisions.

Demonstrated success in designing financial systems, implementing robust internal controls, leading finance transformation initiatives, and managing high-performing finance teams in fast-paced and highly regulated environments. Experienced in overseeing multi-project financial operations, managing banking relationships, coordinating statutory audits, ensuring IFRS compliance, and supporting major capital and infrastructure projects within the Nigerian Oil & Gas industry. An analytical leader with exceptional problem-solving, stakeholder management, and communication skills, committed to driving operational excellence, financial sustainability, and long-term business growth.

Experience

FINANCE AND ACCOUNTS MANAGER - RISQSERVE AFRICA PROJECTS LIMITED - Plot 113 by 21 Road B close, Federal Housing Estate. Opposite Trans-Amadi Gardens Estate, Off Peter Odili Road, Port Har

(2025-01)

Risqserve Africa Projects Limited is an indigenous engineering and offshore oil & gas services company providing Inspection, Maintenance & Repair (IMR), marine operations, offshore logistics, asset integrity management, procurement, and project execution services for major oil and gas operators.

  • Provide strategic financial leadership and oversee the overall finance and accounting function of the company, ensuring alignment between financial objectives and corporate business strategy.
  • Lead the preparation of monthly, quarterly, and annual financial statements in compliance with International Financial Reporting Standards (IFRS) and applicable regulatory requirements.
  • Direct the preparation of annual budgets, financial forecasts, rolling cash flow projections, and business performance reports to support executive decision-making.
  • Manage treasury operations by monitoring liquidity, optimizing working capital, and ensuring adequate funding for operational and capital project requirements.
  • Develop and implement financial policies, internal controls, and governance frameworks that strengthen accountability, mitigate financial risks, and improve operational efficiency.
  • Coordinate statutory audits, tax audits, and regulatory reviews while ensuring timely resolution of audit observations and compliance matters.
  • Oversee project accounting for major offshore engineering and marine projects, ensuring accurate cost allocation, revenue recognition, and profitability analysis.
  • Manage banking relationships, negotiate financing arrangements, coordinate loan facilities, and oversee banking documentation for project financing and corporate funding.
  • Supervise the finance and accounts team, providing leadership, mentoring, performance management, and continuous professional development.
  • Collaborate with executive management on strategic planning, investment decisions, pricing strategies, and financial risk management initiatives.
  • Successfully led the implementation and optimization of Sage ERP, significantly improving transaction processing efficiency, reporting accuracy, and financial information availability.
  • Coordinated statutory tax audit activities, ensuring compliance with applicable tax regulations and strengthening the organization's regulatory standing.
  • Improved cash flow planning and treasury management processes, enabling better utilization of available funds and supporting uninterrupted project execution.
  • Strengthened relationships with financial institutions, supporting efficient banking operations, project financing, and treasury management.
  • Enhanced management reporting by introducing more timely and insightful financial performance reports that improved executive decision-making.
  • Improved financial governance through stronger internal controls, standardized financial procedures, and enhanced compliance monitoring.
  • Supported executive management in evaluating major project financing decisions, contract profitability, and investment opportunities across multiple offshore projects.

FINANCE AND ACCOUNTS MANAGER - MEGASTAR TECHNICAL AND CONSTRUCTION LIMITED - 100 East/West Road, Rumuokoro, Port Harcourt, Rivers State

(2023-10 - 2024-12)

Megastar Technical & Construction Company Limited is an engineering and construction company specializing in industrial, civil, mechanical, and infrastructure projects for the oil & gas and construction industries.

  • Directed all finance and accounting operations, ensuring accurate financial reporting, effective budgeting, and compliance with statutory and regulatory requirements.
  • Prepared annual budgets, project budgets, financial forecasts, and profitability analyses to support management planning and project execution.
  • Managed company cash flow by monitoring project receipts, supplier payments, subcontractor obligations, and operational funding requirements.
  • Established effective cost control procedures to monitor project expenditures, minimize budget overruns, and improve overall project profitability.
  • Oversaw the preparation of monthly management accounts, financial statements, and executive financial reports for senior management.
  • Coordinated external audits and ensured that accounting records, schedules, and supporting documentation were maintained to professional standards.
  • Supervised payroll administration, accounts payable, accounts receivable, fixed assets, and general ledger activities.
  • Worked closely with Quantity Surveyors, Procurement, Operations, and Project Management teams to strengthen financial planning and project cost monitoring.
  • Developed financial policies and operating procedures that enhanced internal controls and improved departmental efficiency.
  • Designed and implemented a comprehensive Fixed Asset Management Policy aligned with IFRS and organizational policies, significantly strengthening asset accountability and reporting.
  • Eliminated an entire year's accounting backlog within two months, restoring the integrity of financial records and enabling timely external audit completion.
  • Successfully restructured the Finance & Accounts Department by introducing improved financial processes, reporting structures, and operational controls.
  • Enhanced project cost management by implementing stronger budget monitoring and expenditure control processes that improved financial discipline across projects.
  • Improved the quality and timeliness of financial reporting, enabling management to make more informed strategic and operational decisions.
  • Introduced process improvements that reduced manual inefficiencies and strengthened financial control across multiple business functions.
  • Played a key role in ensuring compliance with accounting standards, tax regulations, and corporate governance requirements while supporting business growth initiatives.

FINANCIAL/MANAGEMENT ACCOUNTANT - EQUITY PETROLEUM SERVICES NIGERIA LIMITED - Plot 39, Trans-Amadi Industrial Layout, Port Harcourt, River State/72A, Surulere Way, Dolphin Estate, Ikoyi, Lagos

(2020-12 - 2023-09)

Equity Petroleum Services Nigeria Limited is an indigenous oil and gas servicing company providing engineering, logistics, procurement, marine support, and technical solutions to upstream and downstream operators.

  • Managed the preparation of monthly management accounts, statutory financial reports, and financial performance analyses for executive management.
  • Coordinated treasury activities, including bank reconciliations, cash management, payment processing, and working capital monitoring.
  • Supervised Accounts Payable, Accounts Receivable, payroll review, inventory accounting, and fixed asset management.
  • Prepared monthly and annual tax schedules for VAT, Withholding Tax, PAYE, Companies Income Tax, and other statutory obligations.
  • Coordinated annual financial audits and responded to audit queries from external auditors, tax authorities, and regulatory agencies.
  • Prepared project job costing and financial evaluations to support project profitability and investment decisions.
  • Evaluated capital expenditure proposals and prepared financial analyses to guide management investment decisions.
  • Led inventory management activities, including monthly and periodic stock counts across operational locations.
  • Provided financial advice and support to operational departments, enhancing cross-functional collaboration and financial discipline.
  • Acted as Head of Finance during management absences, ensuring uninterrupted finance operations.
  • Successfully reconciled historical banking transactions within the Sage ERP system, restoring the integrity and reliability of financial records.
  • Cleared long-standing Accounts Payable and Accounts Receivable backlogs, significantly improving financial reporting accuracy.
  • Identified historical supplier overpayments during ledger reviews and supported management in recovering substantial excess payments.
  • Redesigned the company's asset management process, strengthening accountability and contributing to the recovery of company assets.
  • Introduced real-time transaction processing, eliminating accounting backlogs and significantly improving reporting timeliness.
  • Improved management reporting by delivering accurate financial information to support operational and strategic decision-making.
  • Strengthened tax compliance by ensuring timely preparation and submission of statutory tax returns.

HEAD, ACCOUNTS AND ADMINISTRATION - SOBAZ NIGERIA LIMITED (MARINE DIVISION) - Abuloma Waterfront, Port Harcourt, Rivers State

(2018-10 - 2020-04)

  • Directed finance and administrative operations, ensuring effective financial management and operational efficiency.
  • Prepared monthly management accounts, annual financial statements, and executive financial reports.
  • Managed payroll administration, taxation, budgeting, banking relationships, and treasury operations.
  • Coordinated internal audit activities and strengthened financial control systems.
  • Ensured compliance with IFRS, tax regulations, and statutory reporting requirements.
  • Supervised finance and administrative personnel while promoting accountability and operational excellence.
  • Led an inter-company financial audit that facilitated the recovery of over ₦300 million belonging to a subsidiary company.
  • Implemented internal control systems that significantly reduced operational risks and strengthened financial governance.
  • Successfully resolved over three years of outstanding tax issues with the Federal Inland Revenue Service (FIRS), leading to the issuance of Tax Clearance Certificates.
  • Improved financial reporting processes and enhanced the reliability of management information used for strategic decision-making.
  • Strengthened asset management procedures and financial accountability across business operations.

ASSISTANT HEAD, ACCOUNTS AND ADMINISTRATION - POLYUNWANA MICROFINANCE BANK LTD. - Akanu Ibiam Fed. Polytechnic, Unwana, Afikpo, Ebonyi State

(2016-08 - 2018-09)

  • Assisted in managing the daily operations of the Finance and Administration Department.
  • Maintained accurate accounting records and prepared periodic financial reports.
  • Coordinated regulatory reporting to the Central Bank of Nigeria (CBN) and relevant government agencies.
  • Prepared monthly PAYE schedules and ensured timely statutory remittances.
  • Supported financial compliance, budgeting, and administrative activities.
  • Assisted departmental leadership in strengthening operational processes and internal controls.
  • Improved the accuracy and timeliness of regulatory reporting to the Central Bank of Nigeria.
  • Enhanced departmental efficiency through better financial record management and reporting processes.
  • Contributed to improved tax compliance through timely preparation and submission of statutory obligations.
  • Supported finance process improvements that enhanced departmental productivity.

Education

Master in Accounting - Accounting - Ahmadu Bello University, Zaria (2026)

Bachelor of Science - Accounting - Ignatius Ajuru University of Education, Port Harcourt

Higher National Diploma - Accountancy - Akanu Ibiam Federal Polytechnic, Unwana

National Diploma - Accountancy - Akanu Ibiam Federal Polytechnic, Unwana

Skills

FINANCE & ACCOUNTS MANAGERSTRATEGIC FINANCE LEADERCHARTERED ACCOUNTANT

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