Kayode Matthew Adekoya
Auditor
Lagos,LA
Summary
To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
16
16
years of professional experience
10
10
years of post-secondary education
Work History
Head Internal Control
Neimeth International Pharmaceuticals Plc
Ikeja, Lagos State
02.2022 - Current
- Own the design, implementation, documentation, assessment and monitoring internal control framework, including Company’s policies and key risks in order to ensure that the divisions, departments and sections has adequate controls to prevent unintentional and intentional errors in financial reporting, processes and business operations
- Formulate policies and procedures to improve internal controls,compliance and efficiency.
- Lead the process of internal control reviews across the company.
- Deliver adequate and timely reporting on internal control framework and control deficiencies due to appropriate communication, documentation, escalation to business heads, senior leadership and executive management.
- Deliver timely and action plans and monitor progress to address and resolves control deficiencies.
- Work collaboratively with business and process owners to implement and monitor remediation effort that result from internal control assessment, ensuring effective implementation of corrective action.
- Actively seek standardisation and automation, apply and implement best practices for managing internal controls and deploy innovative technology where possible to enhance and continuously improve the design and operating effectiveness of the controls, documentations, assessments and review procedures.
- Actively engage with internal and external auditors to ensure consideration and resolution to all relevant risk and audit findings.
- Develop and conduct adequate training and prepare related information material on the internal control objectives approach and methodology to business heads on a regular basis to build knowledge and understanding of risks and controls.
Head of Internal Auditing
Neimeth International Pharmaceuticals Plc
Ikeja, Lagos State
05.2016 - 01.2022
- Perform and control the full audit cycle including risk management and control management over operations effectiveness, financial reliability and compliance with all applicable directives and regulations.
- Determine internal audit scope and develop annual plan.
- Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc.
- Prepare and present reports that reflect audit’s results and documentation process.
- Act as an objective source of independent advice to ensure validity, legality and goal achievement.
- Identify loopholes and recommend risk aversion measures and cost savings.
- Maintain open communication with Management and Statutory Audit committee
- Documents process and prepare audit findings memorandum.
- Conduct follow up audits to monitor management’s interventions.
- Engage to continuous knowledge regarding sector’s rules, regulations, best practice, tools, techniques and performance standards
Plant Accountant
Neimeth International Pharmaceuticals Plc
Ikeja, Lagos State
02.2013 - 04.2016
- Preparation/Presentation of corporate plan, budget and forecast for the Company
- Coordination of financial data from all departments to produce Budget for the Factory Plant
- Ensure completion, presentation and analysis of monthly Management Account.This includes Variance Analysis – Expenditure Volume Variance, Production Volume Variance, Material Usage Variance and Machine Efficiency Variance
- Verification of documents for completeness and compliance with procedures and policy of the Company
- Processing of payment order accompanied with counter party invoices
- Respond to counter party queries relating to payment on submitted invoices on work done
- Preparation of monthly financial statements, trial balance, Profit and Loss and Balance Sheet and review
- Report for the Management
- Timely completion of month and year end closing task by reviewing all accounts trays, Journals, Trial
- Balance and reviewing the effect on the Company’s financial Statements
Head of Internal Auditing
RainOil Limited
Ikeja, Lagos State.
04.2011 - 01.2013
- Carrying out of control assessment on the business to determine internal weaknesses and act in advisory capacity on how to improve on them and suggest remedial action where necessary.
- Prepare and obtain authorisation for the annual program of audit activities according to Company requirements to prevent the occurrence of fraud within Company operations or it’s early detection
- Carry investigations on matters referred to internal audit according to instructions and established professional conduct to provide the MD/CEO with accurate and reliable information on such matters
- Perform verification exercise on the asset and liabilities of Companies to ascertain their Completeness, Accuracy, Existence and Valuation at any point as being described in the terms of reference by the Company procedure
- Carry out audit operations (e.g. audit of service stations, Company’s Farm Stations (Depots) and Logistics operations and any other aspect of the Company’s business according to professional guidelines and Company’s procedures to ensure the effectiveness of the internal audit functions
- Review of Company’s books to ensure compliance with statutory, capital, and regulatory accounting requirements for fair presentation purposes
Audit Senior
BDO Professional Services (Chartered Accountants)
Ikeja, Lagis
08.2007 - 03.2011
- Preparation of Published financial statements in line with the International Financial Reporting Standards and International Accounting Standards.
- Performance of SWOT (Strength, Weakness, Opportunities and Threats) analysis on the client business to identify areas of advantage and threats to business.
- Carrying out of control assessment on the clients business to determine internal weaknesses and act in advisory capacity on how to improve on them and suggest remedial action where necessary.
- Perform verification exercise on the asset and liabilities of Companies to ascertain their Completeness, Accuracy, Existence and Valuation at any point as being described in the terms of reference by the client.
- Review of Company’s performance through analytical tools to detect key areas through which profitability, liquidity and other key performance indicators can be improved upon.
- Review of Company’s books to ensure compliance with statutory, capital, and regulatory accounting requirements for fair presentation purposes.
- Investigation of fraud and misstatement of financial statement to ascertain the true and fair view of same in line with the International Auditing guidelines.
- Assessment of risk of material misstatement taking into account the inherent risk of fraud or error and assessment of the effectiveness of controls in eliminating or reducing the risks.
- Provide financial advice on existing and new product, projects and initiatives to ensure they are profitable through the Management letter presented to the client.
- Active review of business cost to ensure Value for money and a lean cost base.
Education
Fellow West African Internal Auditor (FWAIA) - Auditing
Society For West African Internal Auditor Practiti
Nigeria 10.2022 - 12.2022
Certified Institute Of Auditor (CIA) - Auditing
Institute of Internal Auditor
United States Of America 11.2022 - Current
B.sc - Accounting
Olabisi Onananjo University
Ogun State 03.2000 - 05.2004
MBA - Financial Management
Lagos State University
Lagos State 10.2008 - 05.2010
ACA - Accountancy
Institute of Chartered Accountants of Nigeria
Nigeria 11.2008 - 05.2010
FCA - Accountancy
Institute of Chartered Accountants of Nigeria
Nigeria 04.2022 - 04.2022
ORACLE CERTIFIED ASSOCIATE (OCA) - Database Management
Oracle University
United States Of American 07.2004 - 07.2005
ORACLE CERTIFIED PROFESSIONAL (OCP) - Database Management
Oracle University
United States Of America 08.2005 - 08.2006
Skills
IT SKILLSundefined
Accomplishments
- Place of Birth: Lagos
- Marital Status: Married
- Personal Profile: Adekoya Kayode Matthew is the Head, Internal Control in Neimeth International Pharmaceuticals Plc formerly Pfizer Product Limited. He has experience of Accounting in a reputable Audit Firm. He is an Associate/Fellowship Member of the Institute of Chartered Accountants of Nigeria (ICAN), Fellowship Member of the Society for West Africa Internal Audit Practitioners (SWAIAP), Member of Institute of Internal Auditors (IIA) global office in Florida United Sates of America, Associate and Professional Member of Oracle University California, United States of America (Oracle 9i), B.sc in Accounting in Olabisi Onabanjo University formerly Ogun State University as well as a Master degree holder in Financial Management in Lagos State University. He has good analytical and interpersonal skills and proficient in Microsoft Word, Excel, Peachtree, Caseware, SQL and other Accounting packages.
Affiliations
- Associate/Fellowship Member of the Institute of Chartered Accountants of Nigeria (ICAN)
- Fellowship Member of the Society for West Africa Internal Audit Practitioners (SWAIAP)
- Member of Institute of Internal Auditors (IIA) global office in Florida United Sates of America
- Associate and Professional Member of Oracle University California, United States of America
Timeline
Certified Institute Of Auditor (CIA) - Auditing
Institute of Internal Auditor
11.2022 - Current
Fellow West African Internal Auditor (FWAIA) - Auditing
Society For West African Internal Auditor Practiti
10.2022 - 12.2022
FCA - Accountancy
Institute of Chartered Accountants of Nigeria
04.2022 - 04.2022
Head Internal Control
Neimeth International Pharmaceuticals Plc
02.2022 - Current
Head of Internal Auditing
Neimeth International Pharmaceuticals Plc
05.2016 - 01.2022
Plant Accountant
Neimeth International Pharmaceuticals Plc
02.2013 - 04.2016
Head of Internal Auditing
RainOil Limited
04.2011 - 01.2013
ACA - Accountancy
Institute of Chartered Accountants of Nigeria
11.2008 - 05.2010
MBA - Financial Management
Lagos State University
10.2008 - 05.2010
Audit Senior
BDO Professional Services (Chartered Accountants)
08.2007 - 03.2011
ORACLE CERTIFIED PROFESSIONAL (OCP) - Database Management
Oracle University
08.2005 - 08.2006
ORACLE CERTIFIED ASSOCIATE (OCA) - Database Management
Oracle University
07.2004 - 07.2005
B.sc - Accounting
Olabisi Onananjo University
03.2000 - 05.2004
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