Dedicated to maintaining excellence and uplifting existing standard, self-motivated with strong desire to contribute and add value to growth and development.
Overview
17
17
years of professional experience
Work history
Head Fixed Assets, Finance &Administration
Stanbic IBTC Holdings Plc
Lagos, Nigeria
02.2021 - Current
Fixed Assets Management:
Administration of the fixed asset of the bank to ensure integrity of the financial reports
Co-ordination of activities to ensure that all finance functions surrounding the recording and handling of financial transactions are processed timely and accurately
Ensures that the fixed assets register is updated to reflect all fixed assets of the bank Consolidates and manage the fixed asset register for the bank
Ensure adherence for the management of fixed assets in line with the fixed asset policy of the bank
Monthly report on fixed asset verification and tagging exercise
Ensures that all assets identified as obsolete/redundant are disposed in line with the bank's policy
Acts as secretary to the fixed asset disposal committee
Financial Control:
Preparation, consolidation and presentation of the annual budget and revised estimates of premises spend for all departments and branches in the bank network
Water-falling of Head Office costs to various occupying departments
Ensure that all outstanding payments are reflected in our books through accruals on monthly basis
Responding to issues and report requests emanating from payment requests processed through SAP
Serving as intermediary between GRES and other departments in the processing of all payments as it relates to New builds, Revamps, Leases, and Purchases of Items such as Furniture & Fittings, Office Equipment and Building Materials
Monitoring of budget spend against actual expenditure and investigation of variances on an ongoing basis
Payment management through reporting on vendor payment
Develop and submission of the annual Budget in accordance with communicated timelines
Monthly HO allocation report Monthly accrual report Mid-month review of postings Report on payment of vendors
Warehouse management:
Ensures warehouse monthly reconciliation
Supervision of warehouse activities
Quality Management
Ability to implement operational techniques and activities that are used to fulfil requirements for quality including; improvement, control, management or assurance of quality
Have knowledge and ability to implement all quality management policies and procedures
Ability to promote and maintain high standards of quality at work
Understand, implements, manages, and maintains quality management systems and provides a support service to the organisation
Have knowledge and understanding of the formal international frameworks for measuring and monitoring quality
Have the knowledge and application of techniques that can be applied to determine the cause of process or control failures Measures; Satisfactory ISS rating Satisfactory Audits (Internal & External) and no repeat audit finding Nil loss from all identified and closed gaps
Operational effectiveness
Ensure effective management of expenditure with emphasis on the containment of controllable costs
Optimise and streamlines existing systems, processes, and controls for cost-effective service delivery
Coordinate the activities of all project stakeholders to ensure proper alignment with plans, processes, and governance
Provide an effective administrative function for the team members Ensure overall operational readiness and efficiency of the branch infrastructure prior to operations
Ensure overall staff complement is in line with workforce measurements
Ensure the effective roll-out of change initiatives through tracking and reporting on projects as well as conducting readiness assessments
Risk Management
Ensure that laid-down instructions are adhered to by all areas under control
Ensure the maintenance of an effective control structure, with control activities defined at each level and duties appropriately allocated
Leadership:
Focus attention and efforts on understanding business strategy and proactively addressing business needs Makes organisational changes or innovates when needed to address the Bank's needs
Believe in oneself, own judgement, skills and experience, and using this self-confidence to challenge others for the benefit of Standard Bank
Actively curious, seeking a deeper, broader and more objective understanding, upon which to base commercial acumen, strategic decisions, and actions
Understands the line-of-sight between strategy and organisational implementation
Translates the organisational strategy into specific decisions and actions to ensure the strategy implementation
Align resources to effectively execute against the strategic direction
Set clear performance standards and expectations, and holds others accountable when these are not met
Take accountability for team delivery against the expectations and contribution to results
Enable and empowers the team to implement/execute a strategic vision or change for the better
Effectively and strategically influences across the organisation, based on previously established credibility and respect, as well as understanding the organisational dynamics, politics and interpersonal context
Understands and leverages the dependencies across the organisation and the impact of own actions on the rest of the organisation to create organisation alignment for decision-making and delivery of quality outcomes
Taking responsibility for identifying, developing and retaining capability for the benefit of the broader business, based on a genuine intent to foster the long term learning or development of others
Sourcing Specialist/Category Manager
Stanbic IBTC Holdings Plc
Lagos, Nigeria
08.2018 - 02.2021
Ensure that Total Cost of Ownership targets are met and/or exceeded
Drives for early Strategic Sourcing involvement in the project lifecycle to better influence strategy and results through the establishment of a commodity specific Category Advisory boards
Develops and implements effective category strategies across the appropriate lines of business and/or the entire enterprise
Develop sourcing strategies and market approach, negotiating “best in class” commercial solutions aligned to business drivers or delivering specified components thereof
Undertake defined aspects of key commercial activities necessary to support delivery of the commercial solution (e.g., Contract Due Diligence) - undertake relevant analysis as required at key stages of the sourcing process
Manage the handover of commercial arrangements into live operation post contract award
Develops presentations and presents recommended commercial and sourcing solutions in a clear, concise, and effective manner to leadership to gain understanding and support
Researches, identifies, and analyzes current supplier and market trends
Benchmarks new processes, approaches, and technology that will continually drive improvements on performance and business results
Contributes to the development of the strategic sourcing vision (strategic 5-year plan) and annual operating plan
Sets and re-evaluates priorities in accordance with business needs and expectations
Builds and leverages strong working relationships with internal customers and key suppliers
Assist in developing supplier scorecards that measure performance against key requirements and obligations
Assist in the development of Supplier Diversity opportunities by identifying new and/or alternative suppliers
Develops and leads implementation of supply chain process improvements
Knowledge sharing with sourcing colleagues, supporting new ways of working and assist with the development and implementation of new tools and techniques
Work cross-functionally to establish and maintain working relations with other parts of the Group, influencing as needed to deliver role outputs
Work with Head, Procurement to plan approach to market, drawing up timelines and personal task management sheets to achieve agreed objectives
Report on project status while maintaining all management activities on a day-to-day basis
Ensure sourcing is in line with organizational and external governance (i.e., FICA)
Support and contribute to team building and team dynamics through personally displaying leadership and team attributes
Embrace new ways of working with Sourcing Colleagues and wider community, helping to embed new ways of working and cultural changes.
Maximised category turnover through proactive management strategies.
Assessed current supplier database, seeking continued opportunities for growth and development.
Team Lead Buying Specialist
Stanbic IBTC Holdings Plc
03.2015 - 07.2018
Directs and controls the sourcing and general movement of goods and services
In and out of the bank
The position also manages key materials and related functions such as planning, scheduling, purchasing, material flow through the branches
Job functions and responsibilities
Oversees the procurement functions of the bank
Manages supplies processes of goods and services and integrated sub- processes to ensure supplies are in the right time to meet commitments and deliver required levels of customers service in the head offices and branches operations
Understands the input and components of inventory planning models to derive stock policy for warehoused materials
Develops and implement long-term procurement strategies designed to reduce costs and improve quality and service while meeting bank's goals and objectives and works closely with bank's staff to ensure these measures and achieved
Derives the influences planning parameters, material stock holding policies and assumptions
Develops and communicates the bank's stock supplies schedules, material requirements plans and consequences to the business
Develops internal and external feedback processes to measure effectiveness of supervised customer satisfaction and proposes methods for continues improvement
Creates rough out capacity plans, executes agreed stock run strategy, manages and communicates exceptions
Evaluates risks, opportunities to creation of costed contingencies plans and scenarios with the support of the operations support and finance team.
Procurement Officer
Stanbic IBTC Holdings Plc
03.2012 - 03.2015
Charged with implementing the necessary controls and providing support to the business/subsidiaries for all expenditures with third parties
Job functions and responsibilities
Actively participated in initiatives as part of the team to cement a common purpose
Attended and contributed to discussion forums e.g
Operation meetings, departmental meetings, business feedback meetings
Participated in formulation of business plans and strategies
Provided professional advice to assist in planning and decision making (financial planning)
Tracked requests from various business units and ensure compliance with approved internal SLAs
Ensured the cost are controlled and maintained
Ensured the cost are controlled and recoveries made from staff for unauthorized costs
Coordinate process of suppliers “evaluation
Ensured compliance with sourcing and procure to pay processes for all business expenditure
Maintained the database of approved suppliers and agree terms and conditions to ensure the smooth running of the procurement to pay process
Coordinated, organize training, appraise, assign and control activities of all other procurement members
Monitored and evaluated supplier performance in terms of Service Level Agreements (SLAs)
Prepared reports on the Bank's spends for efficiency and administrative cost reduction
Solicit for proforma invoices, make competitive pricing selection.
Team Lead
Stanbic IBTC Holdings Plc
01.2009 - 03.2012
Cheque and Card issuance:
Job functions and responsibilities
Responsible for an efficient and cost-effective process designed to position the bank towards excellent service to the its customers through an online integrated end to end MICR process in compliance with the banks policies and government regulations
Coordinated cheque production and Master cards distributions within the stipulated Service Level Agreement with the Business
Custodian of the Cheque stocks, monitor, issuance and reorder of blank cheque leaflets
Prepared the periodic report on production and stock levels to the management
Ensured that cheque books are produced in line with Central Bank of Nigeria guidelines and standards
Motivate team members to driving high levels of performance
Enhanced process efficiency leading to minimized wastage of cheques leaflets.
Transactional Officer
Integrated Corporate Services Limited, Access Bank Plc, Simbiat Abiola
06.2008 - 12.2008
Job functions and responsibilities
Handled day to day transactions such as Cash and cheque withdrawal, Cash and cheque deposit, Bureau de change
Reconciliated Branch's general ledger accounts
Handled the Salary and payroll posting for our corporate clients
Monitored and coordinate the tax remittance for our customers
Processed local money transfers
Managed and reconciled internal general ledger accounts.
Oredo Local Government Benin
02.2007 - 02.2008
Functions and responsibilities
Prepared employees' payroll
Processed payment vouchers for contractors
Created and tracked invoices
Projects
Education
Developing a Competitive Strategy Programme -Lagos Business School -
Master's - business administration
University of Lagos
2023
BSc - Accounting
Babcock University
2013
Higher National Diploma - Banking and Finance
Federal Polytechnic Ede
Nigeria
2006
Ordinary National Diploma (OND) - Banking and Finance
Federal Polytechnic Ede
Nigeria
2004
Skills
SKILLS AND ABILITIES:
Proficiency in the use of System Applications and Products (SAP)
Proficiency in the use of computer applications such as Microsoft Word, Microsoft Excel and Power point
Excellent communication skills
Proficiency in the use of banking software such as SAP, Flexcube, Equinox and Finacle
Self -motivated and target-oriented
Cooperative and possess good interpersonal skills with ability to work in a team
Negotiating Skills
Problem-solving
Customer-focused
Accomplishments
Quality service:” Feelings, quality service, first time, Every time.” Organized by Access Bank plc in conjunction with service Quality institute, 2008
Technology Competence initiative organized by the Institute of Chartered Accountants of Nigeria in conjunction with A.J
Silicon financial information Technology consulting firm 2008
Lagos State E-payment system: organized by Alpha Beta Consulting Limited
2008
Other post held
Secretary Asset Disposal Committee 2021 till date
Affiliations
Associate of Accounting Technicians (AAT). 2006
Associate of Chartered Accountant (ACA). 2010
Chartered International Procurement and Purchasing Manager (CIPPM). 2018
Chartered Purchasing Professional (CPP) 2018
Chartered Institute of Procurement and Supply UK (Advanced Diploma stage) 2020
Fellow Chartered Accountant (FCA) 2021, Member Procurement & GRES department (ProGres) CSR committee 2019 -2020
Secretary, Procurement Committee Stanbic IBTC Bank, 2014
Member Diesel task Force Stanbic IBTC Bank, 2012
Member Audit Review Team 2010
Treasurer, WOTCLEF Club Benin (NYSC). 2008
Classified as Internal use only
Work availability
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
morning
afternoon
evening
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Quote
The way to get started is to quit talking and begin doing.
Walt Disney
Timeline
Head Fixed Assets, Finance &Administration
Stanbic IBTC Holdings Plc
02.2021 - Current
Sourcing Specialist/Category Manager
Stanbic IBTC Holdings Plc
08.2018 - 02.2021
Team Lead Buying Specialist
Stanbic IBTC Holdings Plc
03.2015 - 07.2018
Procurement Officer
Stanbic IBTC Holdings Plc
03.2012 - 03.2015
Team Lead
Stanbic IBTC Holdings Plc
01.2009 - 03.2012
Transactional Officer
Integrated Corporate Services Limited, Access Bank Plc, Simbiat Abiola
06.2008 - 12.2008
Oredo Local Government Benin
02.2007 - 02.2008
Developing a Competitive Strategy Programme -Lagos Business School -
Master's - business administration
University of Lagos
BSc - Accounting
Babcock University
Higher National Diploma - Banking and Finance
Federal Polytechnic Ede
Ordinary National Diploma (OND) - Banking and Finance