Ifedayo Ojo
Finance Analyst
Lagos
Summary
An author, experienced tax, budget and finance professional with an extensive hands-on experience spanning over a decade in management and business leadership. Excellent work experience and knowledge of software applications including: Microsoft Excel, Power Point, Word and some accounting packages such as Sage ERP ACCPAC, Sage x3, Sage Ess, Peachtree Complete Accounting, etc. Strong leadership, Problem-solving, Planning, Team building, Project and Executive management skills. High-energy Financial Controller offering over 10 years of multi-sector experience.
Dependable and adaptable with resourceful nature and conscientious approach. Strategic Manager with experience leading and overseeing Departmental and organisational business activities. Strong history of devising precise and targeted business operations plans, managing costs, reviewing performance and driving change. Forward-thinking leader with expertise in setting goals, quality standards and growth initiatives while leading quick and efficient attainment of objectives.
Overview
13
13
years of professional experience
13
13
years of post-secondary education
Work History
Head, Corporate Planning, Budgeting and Tax Managt
Ibadan Electricity Distribution Company (IBEDC) PLC
Ibadan, Oyo
12.2018 - Current
- Job Objectives - To oversee IBEDC’s tax planning, management and processes, policies and systems, ensuring compliance with financial and tax regulations (in consonance with industry regulations) and also, ensuring that financial reports are prepared in accordance with NERC regulations (USoA)
- Reviews, evaluates bids and award of contracts
- Collates input from all departments to prepare Company’s budget
- Aligns the Corporate plan to overall objectives of organization
- Manages the Accounts of parent company (IEDM)
- Regularly reporting to investors, status of the Disco Acquisition loan
- Reporting on variances to various departments on monthly, quarterly and annual bases
- Preparer and custodian of the Corporate Financial Plan and Budget
- Develops and executes tax strategy and approach for IBEDC- defines processes, policies and systems to ensure tax compliance
- Reviews IBEDC’s business objectives to understand distil associated tax objectives / implications
- Reviews draft audited financial statements before they are published
- Ensures prompt processing, remittance and reconciliation of all statutory liabilities (PAYE, CIT, etc.) in strict compliance with statutory requirements- Calculates taxes payable, files all tax returns and authorises tax deposits and payments; Ensures compliance with all tax regulations (while working to minimise tax liability)
- Keeps abreast with regulatory, legislations and industry developments
- Liaises with external parties on regulatory matters.
Financial Controller
Huawei Technologies Company Limited. V/I
Lagos
01.2017 - 11.2018
- EMTS/ETISALAT ITO PROJECTS
- Managed project performance — promote the project operation to meet expectations, achieve management objectives and reduce project loss through project budget controls and procurement guidelines
- Provided financial solution of project — Provide project-level financial solution to effectively support project decision-making and procurements
- Managed and evaluated corporate risks—effectively manage internal and external risks to ensure the safety and stability of project operation
- Managed financial data quality — Align with the CIAG project, improve the quality of project financial data and business data
- Produced monthly Projects Performance Analysis Reports and advice necessary parties on variances and corrections
- Computed Risk Analysis of Vendors for Admin Procurements, Engineering Procurements and General
- Procurements
- Supervised Project Estimation, Prepare and keep Project Budgets
- Responsible for updating project status and aligning all interests to project delivery objectives
- Responsible for adequate control of Project’s expenses to control costs
- Established and maintained effective financial and accounting records.
Senior Finance Control Officer
Makon Engineering and Technical Services Ltd
06.2014 - 12.2016
- Produced monthly investor and statutory report and generates reliable management account, oversee the proposal and implementation of accounting policies and procedures to the highest standard
- Negotiated with vendors on supplies and contractors on projects
- Established company’s master budget/business plans in conjunction with all stakeholders
- Ensured adequate control of company’s expenses
- Ensured adequate bank and cash management
- Responsible for the internal review function to ensure the effectiveness of operational controls and policies
- Supported the governing body and senior management in making decisions
- Ensured the company meets its legal obligations such as Tax payments, Pension remittances etc
- Administered bank facilities and ensured all obligations to the bank are fulfilled
- Ensured compliance with all regulatory and statutory bodies
- Reported on project performance, costs, revenue, accounts payable and accounts receivable
- Liaised with all the project managers to alleviate their funding challenges
Accounts Officer
Makon Engineering and Technical Services Ltd
10.2013 - 05.2014
Senior Accountant
Amazon Energy Nigeria Limited
07.2013 - 09.2013
- Part of the project team involved in client-based projects, developed state of the art monitoring and control systems and delivering innovative infrastructure and support services to the Oil and Gas industry
- Posted Contract Payments, Petty cash, IOUs, Bank deposits and Withdrawals on Peachtree
- Rendition of Error-proof management accounts and other reports
- Reconciliation of accounts and following up with transactions
- Responsible for weekly, monthly and year-end financial reporting
- Ensured effective budgeting system and controls
- Approval of all payments, account payables, petty cash transactions
- Ensured accuracy, integrity and accountability of all financial transactions
- Monitored of accounts receivables and payable transactions
Post- Chartered Accountant
TAC Group Professional Services
Marina
01.2013 - 06.2013
- Responsible for Audit, Forensic, Taxation and Financial Advisory
- Participated in audit exercises of clients across diverse sectors
- Ensured rules and procedures / systems are complied with
- Ensured effective controls are in place to minimize errors, fraud, irregularity and impropriety
- Responsible for creating management reports
Post- Audit Senior
OJO-AGBODU AYODELE & CO Chartered Accountants
09.2011 - 12.2012
- Participated in audit exercise of clients to enable accounts certification
- Ensured rules and procedures / systems have been complied with
- Supervised audit exercises of clients
- Ensured expenditure conforms to laws, rules, regulations and other general or specific orders of the competent authority
- Responsible for creating management reports.
Post- Finance & Administration Manager
Temofid Nig, TYRE SOLUTION
07.2008 - 08.2011
- Maintained proper fixed asset accounting
- Processed Accounts Payable transactions
- Responsible for Funds Management
- Documented transactions involving banks
- Bank / Inter-companies reconciliation
- Provided controls on stock transactions
- Captured all revenue and expenditure transactions.
Education
Master of Science - Finance
University of Lagos (UNILAG)
Akoka, Lagos 03.2019 - 04.2021
Bachelor of Science - Economics
Lagos State University (LASU)
Ojo, Lagos 05.2002 - 04.2008
Associate Chartered Accountant (ACA) -
Institute of Chartered Accountants of Nigeria (ICAN
05.2010 - 04.2012
Associate, Accounting Technician (AATWA) -
Institute of Chartered Accountants of Nigeria
03.2007 - 09.2009
Skills
Multitasking Abilities
Accomplishments
- Preparation of Corporate Budgets and variance analysis
- Re-designed a regular and timely effective budget (variance) analysis for cost control purpose
- Supervised quarterly inspection of franchise-wide financial activities and bookkeeping
- Designed Accounting Procedures and Processes
- Successfully migrated from ACCPAC Sage to a more robust ERP (Sage X3) Solution
- Created a customised report module in Project & Job Costing in Sage ACCPAC
- Actively participated in ensuring company’s ISO 9001:2008 certification
- Filing Taxes and managing incidental issues
- Preparation of liquidity report
- Implementation of Peachtree System of Accounting
- Successfully implemented Accounting Controls, Standard Operating Procedures and Processes
- Entrepreneurial skills
- Co-Author (Basics of Corporate Strategic Management and Ethics), Co-author - Basics of Corporate Strategic Management and Ethics (a combination of Corporate
- Governance, Strategic Management, Risk Management and Ethics)
- Effects of Fiscal and Monetary Policies on the Nigerian Economy
- International Public Sector Accounting Standards-IPSAS
- Changes to P.I.T Act 2011
- Sage ERP Accpac End User
- IFRS Certification Training
- Corporate Governance and Ethics
- GEMM Financial Modelling Academy.
Research& Discovery, Travelling, Playing soccer and meeting people
Discovering new things especially getting to a new work environment, i am able to study and quickly device effective means of uniting the team for successful attainment of set objectives.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Master of Science - Finance
University of Lagos (UNILAG)
03.2019 - 04.2021
Head, Corporate Planning, Budgeting and Tax Managt
Ibadan Electricity Distribution Company (IBEDC) PLC
12.2018 - Current
Financial Controller
Huawei Technologies Company Limited. V/I
01.2017 - 11.2018
Senior Finance Control Officer
Makon Engineering and Technical Services Ltd
06.2014 - 12.2016
Accounts Officer
Makon Engineering and Technical Services Ltd
10.2013 - 05.2014
Senior Accountant
Amazon Energy Nigeria Limited
07.2013 - 09.2013
Post- Chartered Accountant
TAC Group Professional Services
01.2013 - 06.2013
Post- Audit Senior
OJO-AGBODU AYODELE & CO Chartered Accountants
09.2011 - 12.2012
Associate Chartered Accountant (ACA) -
Institute of Chartered Accountants of Nigeria (ICAN
05.2010 - 04.2012
Post- Finance & Administration Manager
Temofid Nig, TYRE SOLUTION
07.2008 - 08.2011
Associate, Accounting Technician (AATWA) -
Institute of Chartered Accountants of Nigeria
03.2007 - 09.2009
Bachelor of Science - Economics
Lagos State University (LASU)
05.2002 - 04.2008
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