proedge partners - provider of financial services for africa · financial modelling and commercial...

42
ProEdge Partners (Chartered Accountants) Our Profile January 2020

Upload: others

Post on 02-Aug-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

ProEdge Partners

(Chartered Accountants)

Our Profile

January 2020

Page 2: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Contents

1. History

2. Services

3. Sectors

4. Our Clients

5. Meet Our Team

6. Our Contacts

Our Profile

Page 3: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

History

About Us

ProEdge Partners is a professional services firm, incorporated on 9 September 2015 and commenced business operations on 14

September 2015. Our registered office is located at 36A Acme Road, Ogba, Ikeja, Lagos while our head office is at Plot 12, Bayo Ajayi

Street (Marwa Brooks Estate), Agidingbi, Alausa, Ikeja, Lagos, Nigeria.

Our partners possess almost half a century professional experience; gained mostly from working with some of the “Big Four” accounting

firms. Their experiences cut across various services such as traditional Audit & assurance, Accounting, Taxation, Financial advisory,

Consulting, Corporate finance and Valuation.

Our professionals are committed and distinguished by their functional and technical expertise, combined with hands-on experience, thereby offering top quality services that would help clients achieve intended objectives.

We also have access to any required resources with relevant industry and professional experience.

We are registered with the Securities and Exchange Commission (SEC) as Auditors/Reporting Accountants, Bank of Industry (BOI) as auditors and other necessary regulators/institutions in order to enhance our service delivery.

Vision

“To have professional edge through the delivery of excellent and quality services to our clients”

Mission We are set to provide our clients with the best quality services available in the industry. We support this goal with a corporate commitment to

integrity, transparency and ethical business practices in all our business dealings with clients, our employees and other stakeholders.

Our Profile 2

Page 4: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Services

We are well-positioned to render array of services under the following broad categories to different sectors of the economy:

Audit and Assurance

• Audit and assurance

services to companies in

all sectors • Accounting services,

including but not limited

to : - Book keeping - Stock/fixed asset

management - Managing Account

receivable/payable

- IFRS/IPSAS support - Cash flow preparation - Internal audit

assurance review

and outsourcing etc

Financial Advisory

• Mergers and acquisition support services

• Valuation and fairness

opinion services • Corporate finance

advisory, Reporting

accounting services etc

Taxation

• Tax compliance,

including computation

of client’s tax liabilities,

liaising with the

Federal Board of

Inland Revenue,

agreeing and attending

to FIRS queries on

behalf of clients. • Tax advisory, Audit

support;

Transaction support

Business Consulting

⚫ Professional

development

trainings and

Recruitment services

⚫ Feasibility studies and

business planning,

Market/Location studies

Our Profile 3

Page 5: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Sectors

We have experience in servicing the following sectors:

• Not-for-Profit Organisations

• Government and Parastatals

Public sector Technology

& Telecoms

Technology

Media

Telecommunications

Clients Energy &

Consumer

Resources/

Business

Transportation

• FMCG Financial • Power

• Retail, wholesale & Services • Oil and Gas distribution

• Rail • Manufacturing

• Road • Hotels and Tourism

• Aviation • Agriculture

• Banking • Shipping & Ports • Insurance • Securities • Investment management • Real estate

Our Profile 4

Page 6: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Our Clients

We have clients spread across the following sectors:

Telecoms Education

FMCG Not-For-Profit

Financial Health

Services

Oil & Gas Transport & Logistics

Trading Agriculture

Our Profile

Some of our clients include the following: ▪ Afrinvest Asset Management Limited

▪ Asset Management Corporation of Nigeria (AMCON)

▪ Contec Global Limited

▪ DCSL Corporate Services Limited

▪ DG Support & Allied Services Limited

▪ Creseada International Limited

▪ Edo State Government of Nigeria

▪ Etisalat Staff Multi-Purpose Cooperative Society

▪ Funmi Stores Nigeria Limited

▪ FBNQuest Asset Management Limited

▪ Graceco Limited

▪ Geneith Pharmaceuticals Limited

▪ Imo Hill Farms Limited

▪ Majeurs Chesterfield Limited

▪ Newco Investment Limited

▪ NMR Intercontinental Limited

▪ NPF Microfinance Bank Plc

▪ Polyfilm Packaging Nigeria Limited

▪ Virtual Media Networks Limited

▪ Waveline Growth Partners Limited

▪ Zenith Assets Management Limited 5

Page 7: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Meet Our Team

Our team composition

Our dedicated team consists of highly experienced partners and staff, with technical proficiency, industry experience and communication skills to serve our clients with distinction and ultimately bring more value to clients in executing transactions.

In addition to our regular staff complement, we have access to a pool of Independent Consultants with the relevant industry and professional experience, which we are able to mobilise at short notice.

A brief profile of our partners are shown in the next two slides while their detailed resumes are available on request.

Our Profile 6

Page 8: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Meet Our Team

Florence Olakanye – Partner

Florence is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and has over 25 years’ post-qualification experience

in provision of audit and assurance, accounting, transaction advisory, taxation, corporate finance and valuation services. to large

and medium scale companies in public sector, financial services, manufacturing, construction, energy & resources etc at various

capacities.

She started her professional practice career with KPMG Nigeria in 1987, where she spent over 15 years, working across several

industries and functions. She joined Akintola Williams Deloitte (Deloitte & Touche) in 2004 and worked at various capacities till June

2015, when she left as an Associate Director.

She was actively involved as adviser in the restructuring of the banking and insurance sectors by the government and regulators in

Nigeria. She was also involved in the privatization of the power sector by the Federal Government of Nigeria, advising one of the

successful bidders on power generation and distribution companies, which involved Strategic and risk reviews, Due diligence,

Financial modelling and commercial analysis and Bid process management and documentation finalisation. She was also an adviser

in the privatisation of the power distribution companies in Nigeria.

Between 2008 and 2014, Florence served in the Rules and Compliance Sub-Committee of the Nigeria Capital Market Committee

(Securities and Exchange Commission), contributing her quota to the development of the Nigerian Capital Market. Florence was a

member of Board of Insolvency & Corporate Re-Engineering Faculty and also the Corporate Finance Management Faculty of the

Institute of Chartered Accountants of Nigeria (ICAN). Florence facilitates at ICAN Certification programmes and seminars and at

many conferences and seminars both nationally and internationally.

Florence holds a Masters’ Degree in Business Management from the Federal University of Technology, Akure. She has attended

several training programmes, conferences and workshops both in Nigeria and abroad. She also holds the Forensic certification of

the Institute of Chartered Accountants of Nigeria. She has attended several training programmes, conferences and workshops both

in Nigeria and abroad.

Our Profile 7

Page 9: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Meet Our Team

Adenike Ajao – Partner

Adenike is a Fellow of the Institute of Chartered Accountants of Nigeria with over 20 years post qualification experience. She has

been involved in the performance of transaction advisory and corporate advisory services including due diligence exercises,

reporting accountants, capital raising, review of financial models, feasibility studies/business plan and share valuation for both public

and private sector organisations.

Prior to working in Deloitte, Adenike spent 3 years as an Audit trainee/Audit Semi-Senior at a medium size Chartered Accounting

Firm; Mojibola Oluwa & Co. She joined Akintola Williams Deloitte in 1993 as an Audit Trainee and rose to the position of Audit

Manager. During her time as auditor, she was involved in the audit of various companies both in private and public sectors. She left

briefly to work as financial controller in a private telecoms outfit before she re-joined Akintola Williams Deloitte Corporate Finance in

2004. She left Akintola Williams Deloitte as an Associate Director in June 2015.

She was actively involved in the bank consolidation exercise in 2005, which led to the reduction of the number of banks operating in

Nigeria from 89 to 25, advising on a variety of valuation and due diligence engagements. She also acted as an M&A adviser on

assignments for the Central Bank of Nigeria and some other investors/seller banks during the 2009/2010 intervention by the CBN.

She was also very actively involved in the restructuring of the insurance sector in Nigeria. Adenike participated as an adviser in the

privatisation of the power distribution companies in Nigeria.

Adenike is a member of Board of Consulting and Information Technology Faculty of the Institute of Chartered Accountants of

Nigeria (ICAN). She facilitates at ICAN Certification programmes and seminars and at many conferences and seminars both

nationally and internationally.

She holds an MBA from the Business School Netherlands and has attended several training programmes, conferences and

workshops both in Nigeria and abroad. She also holds the Forensic certification of the Institute of Chartered Accountants of Nigeria.

She has attended several training programmes, conferences and workshops both in Nigeria and abroad.

Our Profile 8

Page 10: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Our Contacts

Florence Olakanye

Partner

Mobile: +234 805 209 0500

+234 803 383 5753 Email: [email protected]

Adenike Ajao

Partner

Mobile: +234 805 209 0445

+234 809 968 2532

Email: [email protected]

Our Profile 9

Page 11: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Contact Us

Office Address: Telephone and Email: Postal Address:

Plot 12, Bayo Ajayi Street Tel: +234 811 900 0352 P O Box 2423

(Marwa Brooks Estate) Email: [email protected] Shomolu

Agidingbi, Alausa, Ikeja Lagos, Nigeria

Lagos, Nigeria

………..Providing quality services that give the Professional Edge

www.proedgepartners.net

Page 12: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

OLAKANYE, Florence Omolola Mobile: 0805 209 0500; 0803 383 5753

Email: [email protected]; [email protected]

Profile

Florence is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and has over 25 years’ post-qualification experience in provision of audit, transaction advisory, corporate finance and valuation services. to large and medium scale companies in public sector, financial services, manufacturing, construction, energy & resources etc at various capacities.

She started her professional practice career with KPMG Nigeria in 1987, where she spent over 15 years, working across several industries and functions. She joined Akintola Williams Deloitte (Deloitte & Touche) in 2004 and worked at various capacities till June 2015, when she left as an Associate Director.

She was actively involved as adviser in the restructuring of the banking and insurance sectors by the government and regulators in Nigeria. She was also involved in the privatization of the power sector by the Federal Government of Nigeria, advising one of the successful bidders on power generation and distribution companies, which involved Strategic and risk reviews, Due diligence, Financial modelling and commercial analysis and Bid process management and documentation finalisation.

Between 2008 and 2014, Florence served in the Rules and Compliance Sub-Committee of the Nigeria Capital Market Committee (Securities and Exchange Commission), contributing her quota to the development of the Nigerian Capital Market. Florence was a member of Board of Insolvency & Corporate Re-Engineering Faculty and also the Corporate Finance Management Faculty of the Institute of Chartered Accountants of Nigeria (ICAN). Florence facilitates at ICAN Certification programmes and seminars and at many conferences and seminars both nationally and internationally.

Florence holds a Masters’ Degree in Business Management from the Federal University of Technology, Akure. She has attended several training programmes, conferences and workshops both in Nigeria and abroad. She also holds the Forensic certification of the Institute of Chartered Accountants of Nigeria.

She has attended several training programmes, conferences and workshops both in Nigeria and abroad

Professional Experience

Privatisation: She was the lead consultant on a number of privatization assignments in Nigeria, either working on the side of the Government (Bureau of Public Enterprises) or potential investors. Some of the assignments handled by her are listed below:

Client Company reviewed Purpose

Afro Oil Services Limited Unipetrol Nigeria Plc (now Oando Nigeria Plc) Due diligence

Amperion Power Distribution Company Limited

❑ Ibadan Power Distribution Company

❑ Ikeja Power Distribution Company

❑ Ughelli Power Generation Company

❑ Geregu Power Generation Company

Buy-side advisory

Bureau of Public Enterprises Benue Cement Company Plc Reporting accountants

Page 13: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Bureau of Public Enterprises Delta Steel Company Limited Due diligence

Bureau of Public Enterprises Nigerian Security Printing & Minting Co. Limited (NSPMC)

Due diligence/Reporting accountants

Bureau of Public Enterprises Nigerian Railway Corporation Due diligence

Chrismatel Nigeria Ltd African International Bank Limited Due diligence

Financial Derivatives Limited Broad Bank Nigeria Limited Due diligence

HRGC Investment Limited National Fertilizer Company of Nigeria Limited Due diligence

Nigeria Social Insurance Trust fund Assurance Bank Plc Due diligence

Sadiq Petroleum Limited African Petroleum Plc Due diligence

Telnet (Nigeria) Limited ❑ Nigeria Telecommunications Limited (NITEL)

❑ Mobile Telecommunications Limited (M-Tel) Due diligence

Public sector assignments She was also involved in provision of capital market and advisory services to many State Governments in the areas of corporate finance advisory and preparation of accountants’ report and review of profit forecast/financial projections for inclusion in Prospectus/Placement Memorandum. Some of her major clients included the following:

Client Purpose

Abia State Government of Nigeria Reporting accountants to Development bond, which involved review of audited financial statements for 5 years and review of financial projections covering the tenure of the bond

Akwa Ibom State Government of Nigeria Assistance with capital raising

Bayelsa State Government of Nigeria Reporting accountants to Development bond, which involved review of audited financial statements for 5 years and review of financial projections covering the tenure of the bond

Cross River State Government of Nigeria ---------------do----------------

Ebonyi State Government of Nigeria ---------------do----------------

Edo State Government of Nigeria ---------------do----------------

Edo State Government Corporate finance advisory on an oil and gas project

Imo State Government of Nigeria Reporting accountants to Development bond, which involved review of audited financial statements for 5 years and review of financial projections covering the tenure of the bond

Lagos State Government of Nigeria ---------------do----------------

Page 14: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Rivers State Government of Nigeria ---------------do----------------

World Bank/Donor funded Projects: Lead Manager on various specialist assignments involving auditing, accounting and special review of donor-funded programmes, such as World Bank, United Nations etc.

Client Nature of assignment

Basic Support for Institutionalizing Child Survival (BASICS) Audit of projects supported by BASICS in Nigeria for one year

Centre for Public-Private Cooperation Audit of grant assisted projects

Delegation of the European Commission in Nigeria (EC)

Audit of the funds used in implementing the Programme Estimate I ("the Programme") of the support to the office of the National Authorising Officer of the 9th European Development Fund (EDF) programme in Nigeria for the period ended 14 April 2006.

Fredrich Ebert Foundation (FES)

Audit of 2 years’ Grants from FES, including the time cost of the Resident Representative and the Chief Finance Officer of FES in Nigeria for the administration of operation activities for the two years and expenses incurred by the Foundation on workshops/seminars conducted as part of the Foundation’s counter-part contribution

Lagos Metropolitan Area Transport Authority (LAMATA)

❑ Audit of the financial statements of Japanese Policy and Human Resources Development Project (PHRD) grant to LAMATA

❑ Financial audit of the accounting records of Project account of LAMATA for 3 years

Nigeria Opportunities Industrialisation Centre (NOIC) Audit of the financial statements of Opportunities Industrialisation Centre International in Nigeria for one year

United Nations Population Fund (UNFPA)

Audit of project accounts assisted by UNFPA in Nigeria for 2 years, consisting of the following projects: ❑ Family Life & HIV/AIDS Education

❑ Population & Development Strategies

❑ Community Reproductive Health Services

❑ Gender & Advocacy

United Nations Development Programme (UNDP)

❑ Audit and financial monitoring of development projects/programmes supported by UNDP in Nigeria

❑ Accounting and financial monitoring of 2006 National Population Census in Nigeria

Page 15: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Audit & assurance/taxation: She was involved as in-charge auditor, supervisor and manager on statutory audit of large and medium scale companies in manufacturing, construction, financial services, oil and gas sectors etc. Some of her major clients were:

❑ Allied Bank Limited ❑ Aluminium Rolling Mills Limited ❑ Chevron Nigeria Limited ❑ Continental Trust Bank Limited ❑ DG Support and Services Limited ❑ Denham Management Limited ❑ Eko International Bank Plc ❑ First Bank of Nigeria Plc ❑ Fougerole Nigeria Limited ❑ Graceco Limited ❑ Intercontinental Distillers Limited ❑ IPMAN ❑ John Holt Plc ❑ New World Merchant Bank Limited ❑ Nigerian Agip Oil Company Limited ❑ Nigerian Breweries Plc ❑ Nigeria Industrial Development Bank Limited (now Bank of Industry) ❑ NNPC ❑ Nigerian Life & Pensions Consultants ❑ Nigerian Ports Authority Plc ❑ RT Briscoe Nigeria Limited ❑ Total Nigeria Plc ❑ Tower Aluminium Nigeria Plc ❑ Universal Trust Bank Plc ❑ Waveline Growth Partners Limited

Due diligence: She served as the team leader/manager on several assignments on due diligence reviews for lenders, vendors and mergers & acquisitions. The due diligence reviews were to assist the clients in assessing the risks and opportunities available within companies, in taking investment

World Health Organisation (WHO) Accounting advisory services and financial monitoring of National Immunisation Programme in the 36 States of Nigeria, including the Federal Capital Territory, from 2004 to 2015

Page 16: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

decisions and with a view to establishing the true net worth of the Targets. She has been involved as engagement manager/director on over 50 due diligence reviews, cutting across various sectors. Some of the major assignments handled by her were:

Client Company reviewed Purpose

Banks:

Bond Bank Limited ❑ Investment Banking & Trust Co. Plc (IBTC)

Merger

Central Bank of Nigeria (CBN) ❑ Intercontinental Bank Plc ❑ Oceanic Bank International Plc

The assignment was in respect of diagnostics review and forensic audit of ‘grave

situation banks’ in Nigeria

Banking sector reforms

Chartered Bank Plc/Regent Bank Plc ❑ Investment Banking & Trust Co. Plc (IBTC) Merger

EMP Africa & others ❑ Intercontinental Bank Plc Investment

Equitorial Trust Bank Limited ❑ Sterling Bank Plc Merger

Fidelity Bank Plc ❑ First International Bank Limited, The Gambia ❑ First International Bank Limited, Sierra Leone ❑ First International Bank Limited, Liberia ❑ First International Bank Limited, Guinea

Investment/acquisition

First City Monument Bank Plc ❑ Finbank Plc ❑ Bank PHB Plc

Acquisition

IBTC Chartered Bank Plc ❑ Stanbic Bank Nigeria Limited Merger

Intercontinental Bank Plc ❑ Access Bank Plc Acquisition

NSITF ❑ African International Bank Limited Investment

Oceanic International Bank Plc ❑ Ecobank Transnational Incorporated Merger

Sadiq Petroleum Limited ❑ African International Bank Limited Investment

Skye Bank Plc ❑ Prudent Bank Plc ❑ Cooperative Bank Plc ❑ Eko International Bank Plc ❑ Reliance Bank Limited ❑ Bond Bank Limited

Merger

Skye Bank Plc ❑ Mainstreet Bank Limited Acquisition

Sterling Bank Plc ❑ Indo-Nigeria Bank Limited ❑ Magnum Trust Bank Plc ❑ NAL Bank Plc ❑ Trust Bank of Africa Plc ❑ NBM Bank Limited

Merger

Sterling Bank Plc ❑ Ecobank Nigeria Plc Merger

Page 17: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Trans International Bank Plc ❑ Trans International Bank Plc Merger

Wema Bank Plc ❑ Wema Bank Plc ❑ National Bank Plc Merger

Insurance:

Admiral Insurance Co. Limited ❑ Admiral Insurance Co. Limited Merger

African Alliance Ins. Co. Limited ❑ African Alliance Ins. Co. Ltd Merger

Atlantic Insurance Co. Limited ❑ Atlantic Insurance Co. Limited Merger

Asset & Resource Management Limited (ARM) ❑ ADIC Insurance Plc

❑ Crystalife Assurance Plc

Acquisition

Capital Alliance Nigeria Limited ❑ Cornerstone Insurance Plc

❑ Union Assurance Nigeria Plc

Merger

Continental Re-insurance Plc ❑ Globe Re-insurance Plc Merger

Crusader Insurance Plc ❑ Crusader Insurance Plc

❑ Refuge Insurance Co Limited

❑ Royal Trust Assurance Co. Limited

❑ Fire, Equity & General Insurance Limited

❑ African Alliance Insurance Co. Limited

❑ Golden Insurance Co Limited

Merger

Fidelity Bank Plc ❑ International Insurance Company Limited, The Gambia

❑ International Insurance Company Limited, Sierra Leone

❑ International Insurance Company Limited, Liberia

❑ International Insurance Company Limited, Guinea

Investment/acquisition

Old Mutual ❑ Provident Life Assurance Company Ltd, Ghana Acquisition

Trust & Guarantee Insurance Limited ❑ Trust & Guarantee Insurance Limited Merger

Others:

Acorn Petroleum Plc ❑ Pegaz Group, Republic of Benin Acquisition

African Export-Import Bank ❑ Mobile Telecommunications Limited (M-TEL) Lenders’ due diligence

Asset Management Company of Nigeria (AMCON) ❑ Best Western Hotel, Ikeja (Suru Worldwide Ventures Limited) Creditors’ due diligence

Consolidated Breweries Plc ❑ Nigerian Breweries Plc Merger

Page 18: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Consortium of Investors ❑ Cellulant Nigeria Limited Acquisition

Emerging Capital Partners ❑ GMT Nigeria Limited Acquisition

Etisalat Staff Multi-Purpose Cooperative Society ❑ Thebe Nigeria HMO Investment

Fuji Oil, Europe ❑ International Oil and Fats Limited, Ghana Acquisition

Hygeia Group ❑ Hygeia Group/Satya Capital Investment

Lafarge Building Materials Holding ❑ United Cement Company of Nigeria Limited (Unicem) Acquisition

Lafarge Cement WAPCO Plc ❑ Societe Nigerienne Cementaire, Republic of Niger ❑ Cement Company of Northern Nigeria Plc

Acquisition

LSG Lufthansa Service Holding AG ❑ Aviation Services & Logistics Plc Acquisition

Mercuria Energy ❑ Seplat Petroleum Plc Investment

MIH ❑ Konga Online Shopping Investment

Nigerian Aviation Handling Company Plc ❑ Aviance Ghana Limited Merger

SABMiller Plc ❑ Pabod Breweries Limited Acquisition

Sahara Oil Limited ❑ Chevron Holdings in West, East and Central Africa – 8 countries Acquisition

Sumitomo Corporation, Japan ❑ Toyota Nigeria Limited Investment

Telnet (Nigeria) Limited ❑ NITEL/M-Tel Privatisation

Xin Wei (Hong Kong) Telecom Co., Limited, China ❑ Panaftel Wireless Limited Investment

Capital market: She was also involved in provision of capital market advisory services to many private sector organisations in the areas of preparation of accountants’ report and review of profit forecast/financial projections for inclusion in Prospectus/Placement Memorandum. Some of her major clients included the following:

Client Purpose

Big Treat Limited Private Placement

Chellarams Plc Corporate bond

Computer Warehouse Group Private Placement

Page 19: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Continental Estates Limited Private Placement

Dana Group of Companies Plc Corporate bond

Epesok Paper Mill Plc Initial Public Offer

First City Monument Bank Plc Public offer

First Atlantic Bank Plc Public offer

FSDH Merchant Bank Limited Corporate bond

IBTC Chartered Bank Plc Merger

Intercontinental Bank Plc Merger and offer for subscription

Law Union & Rock Insurance Plc Public offer

Manny Bank Plc Offer for Subscription

Mutual Benefits Assurance Co. Plc Public offer

Nigerdock Nigeria Plc Initial Public Offer

Presco Plc Initial Public Offer

Union Trustees Limited Offer for subscription of unit trust fund

Visafone Communications Limited Private Placement

Wema Bank Plc Public offer

Zenith Assets Management Limited Offer for subscription of unit trust fund

Share valuation, corporate finance advisory etc: Managed share valuation exercises, preparation of business plan and debt/capital restructuring of various companies, namely:

Client Nature of assignment

Afe Babalola University Financial advisory support on packaging of loan application (involved preparation of Information Memorandum, Business Plan, Market Study Report, Independent Accountants’ Report, Financial Model etc)

African International Bank Limited Valuation of ordinary shares for shareholders

Al-Majeed Nigeria Limited Business plan

Atlantic Shrimpers Limited Valuation of ordinary shares for shareholders

Continental Shipyard Limited Capital/financial restructuring

Eko Auto Mall Limited Business Plan/feasibility study

Page 20: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Fan Milk Plc Valuation of preference shares for lenders

Horizon Fibres Plc Lenders’ due diligence/Debt restructuring

Imo Hill Farms Limited Financial review/due diligence

Nigerian International Bank Limited Valuation of ordinary shares

Obatoil & Petroleum Limited Buy-side advisory on the proposed sale of Enterprise Bank Limited by AMCON

OPR-Refinery & Petrochemicals Limited Valuation of ordinary shares for investors

Prime Africa Limited, Ghana Feasibility study on the establishment of a bank in Ghana

Reliance Telecommunications Limited Valuation of ordinary shares for investors

Trust & Guarantee Insurance Limited Business plan

Union Bank of Nigeria Plc Special advise on restructuring of Union Bank Group, on behalf of Union Global Partners Limited

Forensics: She acted as Manager/Team Lead on the forensic/investigation of companies, such as:

❑ Central bank of Nigeria - Diagnostics review and forensic audit of ‘grave situation banks’ in Nigeria - Intercontinental Bank Plc and Oceanic Bank International Plc

❑ Delta Steel Rolling Mills Limited – Forensic investigation of the utilisation of US$700,000 realised from the sale of aircraft and US$45 million by the Federal Government of Nigeria for the rehabilitation work on the Delta Steel Plant.

❑ Rims Merchant Bank Limited – Investigation of claims of financial commitment made by new investors in Rims Merchant Bank, on behalf of the old investors

❑ Alpha Merchant Bank Limited – Investigation of certain non-banking activities/transactions carried out by the bank ❑ Ambrose Alli University - Diagnostic review of Ambrose Alli University, Ekpoma on behalf og Edo State Government ❑ American University of Nigeria - Special review of students’ fees from 1 September 2006 to 31 August 2009 in order to

ascertain that they have been properly accounted for and correctly reported in the financial statements ❑ Commercial Trust Bank Limited – Investigation of spurious transactions and manipulation of customers’ accounts ❑ Commercial Trust Bank Limited

Page 21: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Education Qualifications

Date School Certificate obtained

1980 St. Monicas’ Grammar School, Ondo West African School Certificate (Grade I)

1983 The Polytechnic, Owo OND in Accountancy (Upper Credit)

1986 Ondo State Polytechnic, Owo HND in Accountancy (Upper Credit)

2002 Federal University of Technology, Akure Master in Business Administration

Professional Qualification Date Organisation

1989

1994

2002

2013

Associate, Institute of Chartered Accountants of Nigeria

Associate, Chartered Institute of Taxation of Nigeria

Fellow, Institute of Chartered Accountants of Nigeria

Certified Forensic Accountants (ICAN)

Employment Record

Organisation Position held Date

Partner ProEdge Partners September2 015 to date

Associate Director Akintola Williams Deloitte 2011-June 2015

Senior Manager Akintola Williams Deloitte 2007-2011

Manager KPMG Nigeria/Deloitte 2002-2007

Assistant/Deputy Manager KPMG Peat Marwick 1996-2002

Senior/Supervising Senior Peat Marwick Ani Ogunde & Co 1990-1996

Audit assistant/Qualified trainee Peat Marwick Ani Ogunde & Co 1987-1990

Professional Training

Course Title Organiser Venue

Advisory Deal Structuring Deloitte LLP, UK London

Page 22: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Banking & Finance for West African Sub-region KPMG, South Africa Accra

Business Diagnostics Deloitte & Touche, EMEA Paris

Business Etiquettes & Communication Skills Human Capital Partners Lagos

Business valuation & financial modelling Deloitte LLP, UK Banjul

Corporate Finance (Module I) KPMG, South Africa Johannesburg

Corporate Finance BPP Accra

Corporate Finance Conference Deloitte & Touche, EMEA Spain

Deal structuring BPP Lagos

Facilitating for Deloitte Deloitte & Touche, Kenya Johannesburg

Introduction to Business Advisor Programme Deloitte & Touche, South Africa Lagos

Introduction to Business valuation Deloitte LLP, UK London

Introduction to Due Diligence Deloitte LLP, UK Banjul

Introduction to merger & acquisitions BPP Lagos

Introduction to security analysis Securities & Exchange Commission Lagos

International Financial reporting Standards (IFRS) Deloitte & Touche, Nigeria Lagos

Introduction to Due Diligence & Valuation (Refresher course)

Deloitte &Touche, South Africa Lagos

Project Management Deloitte & Touche, South Africa Lagos

Proposal School Deloitte & Touche, Kenya Lagos

Valuation, due diligence & deal structuring Deloitte & Touche, South Africa Johannesburg

Wealth maximisation/value chain Deloitte LLP, UK Johannesburg

Project Management Deloitte & Touche, South Africa Lagos

Secret of the Universe (SOTU) Deloitte & Touche, Nigeria Lagos

Valuation Principles BPP Accra

Valuation Workshop Financial Seminars Limited, UK Lagos

Page 23: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital
Page 24: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Professional Experience

Privatisation: Some of the assignments handled by her are listed below:

Client Company reviewed Purpose

Amperion Power Distribution Company Limited

❑ Ibadan Power Distribution Company

❑ Ikeja Power Distribution Company

❑ Ughelli Power Generation Company

❑ Geregu Power Generation Company

Buy-side advisory

Rivers State Government Valuation of four Independent power plants:

• Omoku Power Plant Privatisation

Profile Adenike is a Fellow of the Institute of Chartered Accountants of Nigeria with over 20 years post qualification experience. She has been involved in the performance of transaction advisory and corporate advisory services including due diligence exercises, reporting accountants, capital raising, review of financial models, feasibility studies/business plan and share valuation for both public and private sector organisations. Prior to working in Deloitte, Adenike spent 3 years as an Audit trainee/Audit Semi-Senior at a medium size Chartered Accounting Firm; Mojibola Oluwa & Co. She joined Akintola Williams Deloitte in 1993 as an Audit Trainee and rose to the position of Audit Manager. During her time as auditor, she was involved in the audit of various companies both in private and public sectors. She left briefly to work as financial controller in a private telecoms outfit before she re-joined Akintola Williams Deloitte Corporate Finance in 2004. She left Akintola Williams Deloitte as an Associate Director in June 2015. She was actively involved in the bank consolidation exercise in 2005, which led to the reduction of the number of banks operating in Nigeria from 89 to 25, advising on a variety of valuation and due diligence engagements. She also acted as an M&A adviser on assignments for the Central Bank of Nigeria and some other investors/seller banks during the 2009/2010 intervention by the CBN. She was also very actively involved in the restructuring of the insurance sector in Nigeria. Adenike participated as an adviser in the privatisation of the power distribution companies in Nigeria. Adenike is a member of Board of Consulting and Information Technology Faculty of the Institute of Chartered Accountants of Nigeria (ICAN). She facilitates at ICAN Certification programmes and seminars and at many conferences and seminars both nationally and internationally. She holds an MBA from the Business School Netherlands and has attended several training programmes, conferences and workshops both in Nigeria and abroad. She also holds the Forensic certification of the Institute of Chartered Accountants of Nigeria. She has attended several training programmes, conferences and workshops both in Nigeria and abroad.

AJAO, Adenike Aromoke Mobile: 0805 209 0445; 0809 968 2532

Email: [email protected]; [email protected];

Page 25: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

• Trans-Amadi Power Plant

• Eleme Power Plant

• Afam Power Plant

Audit & assurance: She was involved as in-charge auditor, supervisor and manager on statutory audit of large and medium scale companies in manufacturing, financial services, oil and gas sectors etc. Some of her major clients were:

❑ Unipetrol Nigeria Plc (Now OANDO Plc) ❑ Atlantic Shrimpers Limited ❑ Obajana Cement Plc ❑ Funmi Stores Nigeria Limited ❑ West African Portland Cement Plc ( Wapco Lafarge) ❑ Sara Products Nigeria Limited ❑ Nigeria Telecommunications Limited (NITEL) ❑ NMR Intercontinental Limited ❑ Central Bank of Nigeria ❑ Sona Breweries Nigeria Limited ❑ Portland Paint & Repairs Limited ❑ Polyfilm Packaging Nigeria Limited ❑ CFAO Nigeria Plc ❑ Century Securities Nigeria Limited ❑ Central Insurance Company Limited ❑ Cadbury Nigeria Plc ❑ Tourist Company of Nigeria Plc (Federal Palace Hotel) ❑ African Reinsurance Corporation, Nairobi, Kenya ❑ Tinapa Business Resort ❑ Mitsubishi Shoji Kaisha ❑ Mainland Hotel ❑ Beta Glass Nigeria Plc

Due diligence: She served as the team leader/manager on several assignments on due diligence reviews for lenders, vendors and mergers & acquisitions. The due diligence reviews were to assist the clients in assessing the risks and opportunities available within companies, in taking investment decisions and with a view to establishing the true net worth of the Targets. Some of the major assignments handled by her were:

Page 26: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Client Company reviewed Purpose

Banks:

First City Monument Bank Plc ❑ First City Monument Bank Plc Lenders investment

Central Bank of Nigeria (CBN) ❑ Intercontinental Bank Plc ❑ Oceanic Bank International Plc

The assignment was in respect of diagnostics review and forensic audit of ‘grave situation banks’ in Nigeria

Banking sector reforms

Bank PHB Plc

Financial & Taxation due diligence reviews of four subsidiaries –

❑ Legacy Insurance Brokers ❑ PHB Asset Management ❑ PHB Capital & Trust ❑ PHB Healthcare

Divestment

Cooperative Development Bank Plc

❑ National Bank of

Nigeria

Skye Bank Plc ❑ Prudent Bank Plc ❑ Cooperative Bank Plc ❑ Eko International Bank Plc ❑ Reliance Bank Limited ❑ Bond Bank Limited

Merger

Sterling Bank Plc ❑ Indo-Nigeria Bank Limited ❑ Magnum Trust Bank Plc ❑ NAL Bank Plc ❑ Trust Bank of Africa Plc ❑ NBM Bank Limited

Merger

FBN Capital ❑ Main One Cable Nigeria Limited Lenders due diligence

Keystone Bank Plc

Due diligence review of Orient Bank, Uganda

Divestment

Client Nature of service/Company reviewed Purpose

Insurance:

Cornerstone Insurance Plc Financial & Taxation due diligence reviews of Linkage Assurance Merger

Equinox Group ❑ Atlantic Insurance Co. Limited

❑ Elmac Insurance Limited

Merger

Page 27: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

❑ Admiral Insurance Co. Limited

Central Insurance Company Limited Financial due diligence review of Central Insurance Company Limited

Investment

Crusader Insurance Plc ❑ Financial & Taxation due diligence reviews of Capital Bancorp Limited

Investment

Others:

African Prudential Registrars ❑ Financial & Taxation due diligence review of Union Registrars Merger

Emerging Market Telecommunication Services Limited

❑ Financial & Taxation due diligence review of Multilinks Telecommunications Limited

❑ Financial, Taxation and human resources due diligence review of Multilinks Telecommunications Limited

Acquisition

Menzies Aviation ❑ Financial Due diligence review of PAHCOL Merger

SABMiller Plc ❑ Financial Due diligence review of Pabod Breweries Limited Acquisition

Guaranty Trust Assurance Plc (now Mansard

Insurance Plc) ❑ Feasibility study for setting up a branch in The Gambia

Investment

Dangote Industries ❑ Financial Due diligence review of Intercellular Nigeria Plc Acquisition

First Alliance Pension & Benefit Limited ❑ Financial & Taxation due diligence reviews of ARM Pension Managers

Merger

Helios Investment Partners ❑ Financial & Taxation due diligence reviews of Geometric Power Limited

Investment

Abbeycourt Trading Company Limited

❑ Financial & Taxation due diligence reviews of Chevron downstream assets

Acquisition

Cobil Nigeria Limited

❑ Due diligence review of West African Oilfield Services Limited

Acquisition

Dangote Sugar Refinery ❑ Agreed upon Procedures on the review of equity, debt and investments (including inter-company balances) of Dangote Industries Limited in Savannah Sugar Company Limited

Investment

Trend Media City

Feasibility study on four special purpose vehicles namely:

❑ African Film and Television/African Film Fund

❑ African Accelerator Program

❑ African Diaspora Resource Program

❑ Continuing Training Centre.

Page 28: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Visafone Nigeria Limited Vendor due diligence review of the company Funding

Telkom SA Limited Financial, taxation and human resources due diligence review of Cameroon Telecommunication

Acquisition

World Bank/Donor funded Projects: Lead Manager on various specialist assignments involving accounting and special review of donor-funded programmes, such as World Bank, United Nations etc.

Client Nature of assignment

United Nations Development Programme (UNDP) ❑ Accounting and financial monitoring of 2006 National Population

Census in Nigeria

World Health Organisation (WHO) Accounting advisory services and financial monitoring of National Immunisation Programme in Nigeria.

Capital market: She was also involved in provision of capital market advisory services to several clients in the areas of preparation of accountants’ report and review of profit forecast/financial projections for inclusion in Prospectus/Placement Memorandum. Some of her major clients included the following:

Client Purpose

Big Treat Confectionaries Limited Private Placement

First City Monument Bank Plc Public offers: 2005, 2007, 2014 and 2015

Zenith Bank Plc Public offers: 2007, 2008 and 2011

FBN Capital Reporting Accountants to the public offer for FBN Heritage Fund

Heritage Banking Company Limited Reporting Accountants to the Bond

National Association of Securities Dealers (NASD)

Reporting Accountants to the private placement

Page 29: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Diamond Capital & Financial Markets Limited

Reporting Accountants to the private placement

Multi-Trex Nigeria Limited Reporting Accountants to the private placement

Haldane McCall Reporting Accountants to the proposed Real Estate Investment Trusts

Diamond Capital Limited Reporting Accountants to the proposed Diamond Balanced Fund

First Bank of Nigeria Plc Specialist Security Adviser in respect of the Bank’s $200million Callable Notes

Kakawa Asset Management Limited Reporting Accountants to the Guaranteed Income Fund

Lagos State Government of Nigeria Revenue bond

Visafone Communications Limited Private Placement

Wema Bank Plc Public offers

Bond Bank Nigeria Limited Reporting Accountants to the private placement

FSDH Asset Management Limited

Reporting Accountants to:

❑ Coral Income Fund

❑ Coral Ethical Fund

Fidelity Bank Plc Reporting Accountants to the proposed Diaspora Fund

First Alliance Pension & Benefit Limited Reporting Accountants to the private placement

Share valuation, corporate finance advisory etc: Managed share valuation exercises, preparation of business plan and debt/capital restructuring of various companies, namely:

Client Nature of assignment

Keystone Bank Plc Valuation of Orient Bank, Uganda

Lagos Deep Offshore & Logistics Enterprise (LADOL) Valuation of ordinary shares for shareholders

CRC Credit Bureau Valuation of ordinary shares for shareholders

Page 30: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Atlantic Shrimpers Limited Valuation of ordinary shares for shareholders

African Legend Indigo Valuation of ordinary shares for shareholders

The Infrastructure Bank Plc Valuation of ordinary shares for shareholders

Fan Milk Plc Valuation of preference shares for lenders

NDIC Valuation of ordinary shares of Hallmark Homes Limited

Safetrust Savings & Loans Valuation of ordinary shares for shareholders

Penman Pensions Limited Valuation of ordinary shares for shareholders

Leventis Nigeria Limited Valuation of ordinary shares for shareholders

Cards Technology Valuation of ordinary shares for shareholders

Honda Motor Co. Limited (Japan) Valuation of ordinary shares for shareholders

Bemil Nigeria Limited Preparation of business plan

Sahara Group Economic assessment of a State in Nigeria

ABBNG Nigeria Limited Valuation of ordinary shares for shareholders

Multichoice Nigeria Limited

Valuation of ordinary shares of the following:

❑ Digital Mobile Television

❑ African Airtime Sales Limited

❑ MSS Local Productions Nigeria Limited

Petrostuff Nigeria Limited Valuation of ordinary shares for shareholders

Zenith Capital Limited Location/Feasibility study for the establishment of steel pipes and coating plants for Energy Pipes Limited

First Bank of Nigeria Plc Valuation of goodwill on acquisition of Banque Internationale de Credit

Siemens Nigeria Limited Valuation of ordinary shares for shareholders

Page 31: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Forensic: Manager/Team Lead the forensic investigation of companies; such as:

❑ Greenwich Trust Limited ❑ First Bank Plc – Diagnostic review services on Shell Staff Cooperative Investment and Thrift Society Limited ❑ ABB Nigeria Limited

Education Qualifications

Date School Certificate obtained

1982 Muslim Girls’ High School. Ijebu-Ode, Ogun State West African School Certificate

1984 School of Basic Studies, Ijebu –Ode, Ogun State GCE A’Levels

1987 University of Lagos, Akoka. B.SC Sociology (Second Class Upper)

2013 Business School Netherlands, Netherlands Master in Business Administration

Professional Qualification Date Organisation

1994

1996

2008

2013

Associate, Institute of Chartered Accountants of Nigeria

Associate, Chartered Institute of Taxation of Nigeria

Fellow, Institute of Chartered Accountants of Nigeria

Forensic Certification Course of the Institute of Chartered Accountants of Nigeria leading to the award of CFA certification

Page 32: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Employment Record

F Position held Date

Prime Publications Nigeria Limited Store/Admin Officer Feb 1990 – Oct. 1990

Mojibola Oluwa & Co (Chartered Accountants) Audit Trainee to Semi-senior Nov. 1990 – Feb. 1993

Akintola Williams Deloitte Audit Trainee to Manager March 1993 – March 2002

Simba Telecom Nigeria Limited Financial Controller March 2002 - 2003

Akintola Williams Deloitte Manager to Associate Director April 2004 – June 2015

ProEdge Partners

Partner

September 2015 to date

Professional Training

Course Title Organiser Venue

Advanced Deal Structuring Deloitte LLP, UK London

Advanced Excel Training Wizer Consulting Lagos

Business Diagnostics Deloitte & Touche, EMEA Johannesburg

Business Etiquettes & Communication Skills Human Capital Partners Lagos

Business valuation & financial modelling Deloitte LLP, UK Banjul

Business valuation e-course New York Institute of Finance Online

Corporate Finance- Module 1 BPP Accra

Corporate Finance- Module 2 BPP Banjul

Deal structuring BPP Lagos

Introduction to Business valuation Deloitte LLP, UK London

Introduction to Due Diligence Deloitte LLP, UK Banjul

Introduction to merger & acquisitions BPP Lagos

Introduction to Business Advisor Program (IBAP) Deloitte & Touche, South Africa Lagos

Page 33: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

International Financial Reporting Standards (IFRS) Deloitte &Touche, Nigeria Lagos

Proposal School Deloitte & Touche, Kenya Lagos

Risk Management Programs Various courses delivered by Deloitte Lagos

Secret of the Universe (SOTU) Deloitte & Touche, Nigeria Lagos

Valuation, due diligence & deal structuring Deloitte & Touche, South Africa Johannesburg

Various Webex training courses Deloitte & Touche, South Africa Lagos

Valuation Principles BPP Accra

Valuation Workshop Financial Seminars Limited, UK Lagos

Conferences attended

Course Title Venue& date

EMEA Valuation Conference London, 2013

Corporate Finance Conference Ghana, 2013

Corporate Finance Conference Nairobi, 2012

EMEA Corporate Finance Conference Spain, 2006

Page 34: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

O M O L E Y E O L U Y E M I S I T . ( A C A )

PERSONAL INFO

Address: No 11B Olufunsho Ayodele Street, Off Agbe Road, Abule Egba.

Lagos, Nigeria

Sex: Female

Email: [email protected]

Telephone: +234 80337 99999, 8052090471

PROFILE

I’m a Chartered accountant with over 10years’ extensive experience in Auditing, Accounting and Finance.

My experience cuts across: • Financial statement preparation/analysis

• Financial and Management reporting

• Internal Control management

• Joint venture and project accounting

• Tax and other regulatory reporting

• Financial projection, forecasting , budgeting and performance appraisal

PERSONAL ATTRIBUTES

▪ Ability to oversee and supervise

▪ Successful in promoting effective working relationship ▪ Excellent interpersonal, communication and organizational skills. ▪ Self motivated, technology driven and ability to multi task.

Page 35: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

EDUCATIONAL QUALIFICATION

1992 - 1997 B.Sc. Economics (Second Class Upper Division), Obafemi Awolowo University, Ile - Ife, Nigeria

PROFESSIONAL MEMBERSHIP

2007 - Associate member, Institute of Chartered Accountant of Nigeria(ICAN)

2003 - Associate member, Nigeria Institute of Management(NIM)

WORK EXPERIENCE

January 2019 to Date

ProEdge Partners Senior Manager

Providing Auditing, Tax and Consultancy services to clients

November 2015 to October 2018

Aseba Star Motors Limited Internal Auditor

Provides strategic direction, manage and execute the Internal Audit Activity, coordinate specific processes to support the implementation and execution of the Audit Plan, monitoring compliance, preparing and presenting audit findings and recommendations, and providing assurance of compliance with statutory requirements and the organisation’s policies and procedures.

February 2014 - October 2015 Manager

FFA Professionals

Carrying out Auditing, Tax and Consultancy services on clients

Page 36: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

September 2012 - November 2013 Financial Accountant

TNS RMS Nigeria Limited

▪ Managed accounting operations and activities of the company. ▪ Ensuring accurate financial accounting and reporting of the monthly and year to date company

results. ▪ Prepared financial and regulatory reports required by laws, regulations or board of directors. ▪ Review entries to ensure accuracy of the General Ledger. ▪ Prepare budget forecast in collaboration with the Finance Director and ensuring expenses are

strictly in line with budget. ▪ Supervise other staff in accounts department. ▪ Managed the Company’s fixed assets schedule, prepayments, payrolls, Loans and Capital

Accounts. ▪ Prepare month and year end journals and ensure that balance sheet accounts are reconciled

and signed off. ▪ As the company’s SOX Champion, ensuring that transactions and documents generated are in

accordance with the company’s policies. ▪ Registration of suppliers based on SOX requirements ▪ Produce draft statutory accounts and manage financial and tax audits ▪ Ensuring statutory compliance with tax and other Government regulations in addition to filing of

tax and fiscal requirements within statutory deadlines. ▪ Key player in the Company’s successful migration of accounting and other transactions from

Sage Accounting Package to Maconomy (the company’s global software).

April 2007 - July 2011 Audit Senior

Deloitte Nigeria. (Akintola Williams Deloitte)

▪ Team leader for statutory audit engagements involving entities in the Manufacturing, Telecommunication, Consumer businesses and services.

▪ Financial reporting and Accounting ▪ Audit Planning, test of controls and substantive testing.

Page 37: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

▪ Preparation of Financial statements and reports, analysis and interpretation thereof. ▪ Assessment of the adequacy and effectiveness of the operation of internal control system of

clients. ▪ Review of business unit control documentation, finalized testing plans, selected test samples

and review management testing for key controls ▪ Assessment and documentation of business processes and controls using Deloitte audit

technology. ▪ Team management and appraisal ▪ Engagement Management ▪ Other special assignments like accountancy, reconciliation of differences on accounts, etc.

May 2004 - April 2007 Senior Audit Associate

Deloitte Nigeria. (Akintola Williams Deloitte)

▪ Planning and executing statutory audit engagement for small clients ▪ Reporting on the audit engagement. ▪ Preparation of financial statements to support the audit opinion ▪ Supervision of field team members and new assistants ▪ Reporting to the Audit Manager on on-going assignments

July 2000 – May 2004 Audit Associate

KPMG Nigeria.

▪ Team member (assistant) in the performance of statutory audit assignments. Some of the clients audited are: Nigerian Civil Aviation Authority, Dangote Flour Plc, Airline Services and logistics Plc, eTranzact International Plc, JMG Limited, World Bank Assisted Projects - HSDP, FADAMA, LMDGP, Lucky Fibres Plc, Dubril Oil Limited and FBN Merchant Bankers.

WORKSHOP/TRAINING ATTENDED

*Deloitte IFRS training Lagos *Deloitte – Milestone II Training (A training for Field Seniors)

Page 38: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital

Ghana *Deloitte - Audit techniques and Financial Interpretations Lagos *Deloitte – Review and evaluation of internal control, accounting and information systems Lagos *TNS RMS –Maconomy implementation Training. Lagos

INTERESTS

Travelling, Reading, Cooking and meeting people.

REFERENCE

Available on request.

Page 39: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital
Page 40: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital
Page 41: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital
Page 42: ProEdge Partners - Provider of financial services for Africa · Financial modelling and commercial analysis and Bid process management and documentation finalisation. ... capital