HENRY EJAIFE OBOH
Lagos,Nigeria
Summary
Accomplished finance professional with extensive expertise in project finance, reserve-based lending, and CAPEX governance. Proven track record in joint venture reporting, production economics, and corporate finance strategy. Adept at strategic planning, financial modelling, and capital structure optimisation. Skilled in mergers and acquisitions, treasury management, and enterprise risk management. Demonstrated leadership in finance transformation, ERP implementation, and building high-performance teams. Committed to regulatory compliance, internal controls, and audit leadership while driving tax planning and fiscal optimisation.
Results-driven, ambitious and competitive business leader focused on transformative leadership and continuous improvement to drive growth and maximise profits. Tenacious executive ready to take on challenging role, meet goals and surpass expectations.
Overview
28
28
years of professional experience
1997
1997
years of post-secondary education
Work history
Group Chief Financial Officer
CAINERGY GROUP
Lagos, Nigeria
2024.02 - 2026.04
- Strategic Business Planning: Collaborated with the GCEO to devise and execute strategic plans and innovative models to boost revenue.
- Stakeholder Engagement: Managed stakeholder relationships, conveying financial and operational insights through robust models and recommendations.
- Liquidity Management: Directed both short-term and long-term liquidity strategies to maintain financial health and advised on optimal debt structuring.
- Finance Department Optimization: Evaluated and restructured the Finance department to enhance financial performance, ensuring IFRS compliance.
- Internal Control Enhancement: Reviewed and updated control policies to improve efficiency and ensure clear role definitions within the system.
- Tax Compliance: Oversaw all tax-related matters, optimized tax structures, and ensured timely and accurate regulatory filings.
- Strategic Plan Deployment: Led the execution of strategic plans to meet accounting, compliance, and revenue goals.
- Departmental Alignment: Ensured Finance department strategies were in sync with overarching corporate objectives.
- Leadership: Provided strategic leadership and direction in departmental work plans and initiatives.
- Risk and Financial Advisory: Analyzed financial and risk aspects of corporate projects, offering strategic advice to the Board and management.
- Cost Management: Implemented strategies to monitor and control expenses, enhancing organizational efficiency.
- Banking Relationships: Cultivated strategic partnerships with financial institutions to support organizational objectives.
- Financial Reporting: Coordinated the preparation of compliant financial statements.
- Audit Liaison: Managed interactions with external auditors and regulators to protect financial interests.
- Best Practices Adoption: Integrated leading practices to optimize departmental operations.
- Management Insight: Contributed financial insights at management meetings, identifying new opportunities.
- Financial Controls: Oversaw cash flow, credit policies, and inventory levels to ensure optimal performance.
- Budget Coordination: Led the development and allocation of the corporate budget in line with strategic priorities.
- Performance Monitoring: Conducted regular reviews of financial activities, initiating corrective actions to achieve goals.
- Funding Management: Ensured business operations were well-funded in accordance with financial policies.
- Policy Improvement: Continuously enhanced departmental policies and procedures.
- Regulatory Compliance: Maintained strict adherence to accounting standards and procedures.
- Resource Optimization: Maximized the use of human and material resources for superior departmental performance.
- Team Leadership: Delegated tasks, ensured quality outcomes, and conducted performance evaluations in partnership with HR.
- Expenditure Oversight: Authorized significant expenditures within budgetary and authority limits.
- Communication: Held regular meetings to set targets, communicate goals, and develop plans.
- Performance Appraisal: Conducted appraisals in line with career and performance management policies.
- Reporting: Delivered regular activity and management reports to the Executive GCEO & GED.
- Additional Responsibilities: Represented the Executive GCEO as needed and undertook extra duties.
Chief Financial Officer
BRORON OIL AND GAS LIMITED
Lagos
2022.07 - 2024.12
- Spearheaded the development of innovative business models alongside the CEO to boost revenue streams, engaging key stakeholders and providing financial insights through robust modeling and strategic recommendations.
- Directed the execution of strategic business plans, ensuring accounting accuracy, regulatory compliance, and achievement of revenue objectives.
- Managed the company's liquidity, optimizing short and long-term financial strategies and advising on the optimal debt-equity mix to support organizational goals.
- Conducted a comprehensive evaluation of the Finance department's structure, pinpointing inefficiencies and implementing targeted solutions to enhance transaction processing, team culture, income accounting, and cost reduction in alignment with IFRS standards.
- Reviewed and updated internal control policies to ensure their effectiveness in a dynamic business environment, enhancing transactional efficiency and clarifying employee roles within the internal control framework.
- Aligned departmental strategies with overarching corporate goals, driving strategic initiatives and ensuring departmental coherence with the company's vision.
- Provided visionary leadership and strategic direction for the department, overseeing the implementation of work plans and programs.
- Assessed risks and financial implications of corporate projects, delivering critical advice to the board and management committees for informed decision-making.
- Pioneered cost management strategies, implementing controls to monitor and reduce expenses across the organization.
- Forged and maintained strategic partnerships with key financial institutions and banks, securing the company's financial interests.
- Coordinated the preparation of financial statements, ensuring accuracy and compliance with legal and regulatory standards.
- Facilitated the company's interactions with external auditors and regulators, safeguarding financial interests and compliance.
- Developed and proposed a financial delegation of authority framework for board approval, enhancing decision-making efficiency.
- Integrated best practices into departmental operations, continuously elevating performance standards.
- Contributed financial expertise in management meetings, identifying opportunities for growth and fiscal improvement.
- Implemented and monitored financial controls, managing cash flow, establishing customer credit policies, negotiating favorable vendor terms, and optimizing inventory levels.
- Led the creation of the corporate budget, overseeing the equitable distribution of financial resources.
- Reviewed financial activities and performance reports, initiating corrective actions to ensure the achievement of business objectives.
- Secured adequate funding for business operations, adhering to the company's financial policies.
- Continuously refined departmental policies and processes, recommending enhancements to the Vice Chairman and Board.
- Uphold accounting standards through the development and supervision of procedures and controls.
- Optimized the performance and output of the Finance department by managing human and material resources effectively.
- Delegated responsibilities to team members, ensuring high-quality results through diligent supervision.
- Authorized key expenditures and transactions, aligning with the departmental budget and authority guidelines.
- Facilitated periodic meetings to set departmental goals and work plans, fostering team alignment.
- Collaborated with HR to develop and implement performance appraisal systems, driving staff development and performance management.
- Delivered comprehensive activity and management reports to the EVC/CEO, detailing departmental progress and initiatives.
- Represented the Executive Vice Chairman/CEO, performing delegated duties with authority and responsibility.
Finance Manager
TOPEC B.V
Lagos
2018.01 - 2022.06
- Spearheaded the development and execution of standardized financial, accounting, billing, and auditing procedures in alignment with Finance HQ in The Netherlands.
- Managed comprehensive tax and statutory compliance, including income tax, PAYE, pension, and VAT, optimizing tax structures and ensuring precise tax return filings.
- Maintained and nurtured banking relationships, acting as the primary point of contact with financial institutions.
- Designed and assessed financial programs and information systems supporting tax planning and payroll administration.
- Supervised the approval of financial transactions, mass salary updates, and the maintenance of ledgers and accounts.
- Instituted robust internal control measures and conducted risk management to safeguard company assets.
- Ensured the integrity of record-keeping in compliance with auditing standards and facilitated the acquisition of necessary operational licenses and insurance.
- Played a key role in the preparation and analysis of financial statements, management reports, and statutory accounts, implementing corrective actions when necessary.
- Directed the timely production of monthly, quarterly, and annual financial reports, meeting both internal and external reporting requirements.
- Responded to ad hoc reporting requests, generating tailored financial information as needed.
- Owned the financial audit process, collaborating with auditors to ensure the punctual completion and filing of annual audited accounts.
- Maintained continuous communication with Finance HQ in the Netherlands on all finance-related matters.
- Managed CAPEX & OPEX financing to support strategic investments and operational expenses.
- Engaged in the formulation and application of Inter-Company Transfer Pricing Policies to align with global financial strategies.
Chief Accountant
JAGAL NIGERIA LIMITED
Lagos
2010.04 - 2017.11
- Streamlined accounting policies and procedures ensuring robust documentation and compliance.
- Directed treasury operations with a strategic organizational structure to meet financial goals.
- Formulated asset management policies to optimize company assets.
- Spearheaded budgeting and forecasting processes, including contract analysis and multi-year financial plans.
- Provided insightful variance reports to management, detailing budget deviations and causative factors.
- Contributed to executive strategy development with financial expertise.
- Managed organizational cash flow planning to maintain financial health.
- Established intercompany pricing policies to align with group-wide financial strategies.
- Ensured punctual creditor payments and maintained strong banking relationships.
- Supervised bank and cash reconciliations, including surprise cash audits for integrity checks.
- Safeguarded company interests in dealings with Nigerian authorities and external auditors.
- Reconciled accounts with debtors, creditors, and group entities, ensuring financial accuracy.
- Delivered timely monthly management accounts with comprehensive site-level clarifications.
- Facilitated external audit processes, ensuring transparent and efficient audits.
- Oversaw regular stock verifications to maintain inventory accuracy.
- Produced annual financial reports, highlighting company performance and fiscal health.
- Enforced adherence to company accounting and administrative standards.
- Monitored legislative updates in finance, ensuring proactive compliance.
- Developed standardized accounting procedures to enhance company-wide consistency.
- Coordinated with various departments to ensure seamless accounts department integration.
- Led and motivated a team of eight accounting professionals.
- Acted as interim Finance Director, maintaining financial leadership continuity.
Deputy Manager - Management Account
STANDARD CONSTRUCTION LIMITED
Kano
1998.06 - 2010.02
- Spearheaded the execution of strategic organizational plans to ensure alignment with corporate goals.
- Managed and maintained oversight of company banking transactions and reconciliations.
- Administered accounts receivable and payable, ensuring accurate and timely processing.
- Contributed to budget development and enforced financial controls to adhere to fiscal targets.
- Implemented and sustained an efficient costing system to optimize financial performance.
- Oversaw inventory management and general store administration to ensure operational efficiency.
- Directed the management of company assets, safeguarding and optimizing their utilization.
- Delivered comprehensive management reports to inform decision-making by senior stakeholders.
- Led a team of one qualified and three part-qualified accountants, supervising month-end procedures and project progress.
- Provided financial analysis to support capital investment decisions and new product development initiatives.
Education
Bachelor of Science - Accountancy
UNIVERSITY OF NIGERIA NSUKKA
EnuguMBA - undefined
OBAFEMI AWOLOWO UNIVERSITY
Ile-Ife, Osun StateSome College (no degree) - undefined
OWHRODE MIXED SECONDARY SCHOOL
OwhrodeFellow ( FCA ) - undefined
INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA
Lagos, NigeriaAssociate Member - undefined
CHARTERED INSTITUTE OF TAXATION CITN
LagosSkills
- INTERNAL AUDITING
- MERGERS AND ACQUISITIONS
- FINANCIAL REPORTING
- TAX PLANNING
- COST CONTROL
- BUDGETING
- FINANCIAL MODELLING
- Relationship building with banks
- Internal controls implementation
Languages
ENGLISH
Beginner
English
Upper intermediate (B2)
Personal Information
Title: GROUP FINANCIAL CONTROLLER
Publications
- Motivation as a Tool of Improving Performance of Employees in Industry (A Case Study of Jagal Nigeria Limited), 2015-11-01, Post-Graduate MBA
- The Role of Fiscal Policy in the Management of Nigerian Economy from 1990 – 1994, 1996-06-01, Under-Graduate Project
References
- Helmut Braun, Finance Director, Jagal, +4916090313457, hbraun1303@gmail.com
- Mustapha Mohammed, MD/CEO, Mukhis Intercontinental, +2348065061555, tamusgen@yahoo.com
- Theophilus Eguh, MD, Module Project Ltd/Joelimen Associate Ltd, +2348056547446, eguhtheophy@yahoo.com
Extra-Curricular Activities
Participated in various professional development workshops and seminars., 2025-01-01
Interests
- Sport
- Yoga
- Cooking
Timeline
Group Chief Financial Officer
CAINERGY GROUP
2024.02 - 2026.04
Chief Financial Officer
BRORON OIL AND GAS LIMITED
2022.07 - 2024.12
Finance Manager
TOPEC B.V
2018.01 - 2022.06
Chief Accountant
JAGAL NIGERIA LIMITED
2010.04 - 2017.11
Deputy Manager - Management Account
STANDARD CONSTRUCTION LIMITED
1998.06 - 2010.02
MBA - undefined
OBAFEMI AWOLOWO UNIVERSITY
Some College (no degree) - undefined
OWHRODE MIXED SECONDARY SCHOOL
Fellow ( FCA ) - undefined
INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA
Associate Member - undefined
CHARTERED INSTITUTE OF TAXATION CITN
Bachelor of Science - Accountancy
UNIVERSITY OF NIGERIA NSUKKA