Joseph Femi Onile
Lagos,Nigeria
Summary
Seasoned finance professional with focus on strategic financial management and corporate governance. Drive business growth through robust financial planning, risk management, and compliance. Transform financial operations by leveraging expertise in budgeting, forecasting, and financial analysis.
Overview
15
15
years of professional experience
3
3
years of post-secondary education
1
1
Certification
Work history
Chief finance officer
GTI MICROFINANCE BANK LIMITED
4, Tinubu street, Central Business District,, Marina, Lagos
2024.01 - Current
- Drove process improvements, achieved higher productivity levels in the finance department.
- Optimised working capital with astute treasury management.
- Improved accuracy in financial forecasting by developing robust models.
- Fostered positive relationships with stakeholders through transparent communication practices.
- Implemented risk management strategies to protect company assets.
- Oversaw annual budgeting, improved fiscal planning.
- Spearheaded digitisation initiatives in the finance department for improved operational agility.
- Managed cash flow efficiently to ensure operational continuity.
- Enhanced shareholder value with strategic investment decisions.
- Ensured timely statutory filings by adhering to strict deadlines.
- Liaised with external auditors to facilitate seamless audits.
- Maintained financial compliance by implementing stringent audit procedures.
- Led team of finance professionals for better fiscal control.
- Established effective internal controls, minimised risk exposure.
- Devised tax strategies for optimal utilisation of exemptions and rebates.
Financial Controller
Lovonus Microfinance Bank Limited
Lagos
2022.01 - 2023.12
- Ensured integrity of general ledger through meticulous oversight and adherence to corporate policies.
- Produced monthly management accounts, maintaining accuracy and compliance with financial regulations.
- Reviewed and approved bank reconciliations, accrued charges, and prepayments.
- Achieved profitable margins by implementing cost-cutting initiatives across product lines.
- Developed and enforced effective controls framework to support business operations.
- Liaised with external and internal auditors to facilitate smooth audits and reporting.
- Managed material ordering processes, ensuring constant availability of resources.
- Prepared comprehensive budgets for the company, including monthly controls and annual performance assessments.
Head, Internal Control
Lovonus Microfinance Bank Limited
Lagos
2012.01 - 2021.01
- Developing, reviewing, and implementing compliance policies, programs, and procedures
- Using problem solving and critical thinking skills to quickly identify internal control deficiencies, evaluate their risk implications, and draw the appropriate conclusions
- Developing and executing internal audit activities, consult with management on strategic plans and other business matters, and anticipate emerging risks
- Documenting and testing business process and IT controls that support key financial operations
- Evaluating control deficiencies, and monitoring remediation actions, timelines, and progress
- Maintaining current knowledge of laws, regulations, procedures, and policies governing the Bank
Head, Internal Control
Royal Trust Microfinance Bank Limited
Lagos
2011.01 - 2012.01
- Verified accuracy of daily postings to uphold financial integrity.
- Ensured compliance with policies set by regulatory bodies, including CBN.
- Enforced organisational discipline to maintain operational standards.
- Safeguarded bank assets through rigorous risk management practices.
- Implemented effective controls to enhance operational efficiency within the bank.
- Monitored adherence to organisational policies across all departments.
- Demonstrated respect, friendliness and willingness to help wherever needed.
- Supported team by demonstrating respect and willingness to help.
Education
Higher National Diploma - Ede, Osun State, Nigeria
Federal Polytechnic
Ede, Osun State, Nigeria 2004.01 - 2005.01
Ordinary National Diploma - Ede, Osun State, Nigeria
Federal Polytechnic
Ede, Osun State, Nigeria 2000.01 - 2002.01
Skills
- Effective communication
- Analytical thinking
- Leadership
- Presentation skills
- Transparency and honesty
Certification
- 2014 - Microfinance Certified Practitioner
- 2021 - Associate Chartered Accountant
Timeline
Chief finance officer
GTI MICROFINANCE BANK LIMITED
2024.01 - Current
Financial Controller
Lovonus Microfinance Bank Limited
2022.01 - 2023.12
Head, Internal Control
Lovonus Microfinance Bank Limited
2012.01 - 2021.01
Head, Internal Control
Royal Trust Microfinance Bank Limited
2011.01 - 2012.01
Higher National Diploma - Ede, Osun State, Nigeria
Federal Polytechnic
2004.01 - 2005.01
Ordinary National Diploma - Ede, Osun State, Nigeria
Federal Polytechnic
2000.01 - 2002.01