AKINTOLA, AJIBOLA MUTIU
BSc (Acct.), MSc (Acct.), ACA: Chartered Accountant
20,Marshfield Street, Bradford, England, United kingdom ?: + ?: +
United Kingdom Postcode BD5 9NB
PROFILE & SKILLS SUMMARY
I am a results-driven, efficient business finance Chartered Accountant and Certified Tax professional with over 13 years’ professional experience, with experience across industries such as ext...
AKINTOLA, AJIBOLA MUTIU
BSc (Acct.), MSc (Acct.), ACA: Chartered Accountant
20,Marshfield Street, Bradford, England, United kingdom ?: + ?: +
United Kingdom Postcode BD5 9NB
PROFILE & SKILLS SUMMARY
I am a results-driven, efficient business finance Chartered Accountant and Certified Tax professional with over 13 years’ professional experience, with experience across industries such as external & Internal audit assurance, insurance, pension, manufacturing, constructing engineering, oil and gas, and security services with ERP Software Expertise in Sage pastel ERP, Microsoft Dynamics ERP, ERP Next , SAP Business Planning and Consolidation (SAP-BPC-CXO Software), advanced MS Excel financial modelling with Investment & Business valuation Analytics.
I drive collaboration and inclusion within teams, I am Proficient in risk identification and mitigation, setting up standard operating procedures; demonstrating excellent interpersonal communication skills with attention to details, providing leadership dexterity in organizing and building teams to achieve organization’s set goals and objectives within the specified time frame.
Skills: External Audits ·Assurance Services · Investment Advisory· Tax Advisor · Financial Services · Business Cost optimization· Revenue growth strategy Intellect · International Financial Reporting Standards (IFRS) with Nigeria and United Kingdom Reporting experience.
PROFESSIONAL INSTITUTE MEMBERSHIPS
• The Institute of Chartered Accountants in England and Wales (ICAEW) – Student Member.
• The Institute of Chartered Accountants of Nigeria (ICAN) – Associate Member
• The Chartered Institute of Taxation of Nigeria (CITN) Associate Member
PROFESSIONAL FINANCE, TAX AND BUSINESS EXPERIENCE
Manchester Metropolitan University, Manchester Campus, England – United Kingdom:
Current Status: International Student, in Campus Studies with January 2023 – June, 2025 UK Tier 4 VISA
M.Sc. (IBM): International Business Management -Year 1: Full time student, having 20 hours weekly for part-time work. Jan; 2023 - Dec; 2023
M.Sc. (IBM): International Business Management – Year 2: Full time Job Placement year with limitless working hours. Jan; 2024 - Dec; 2024
Specialization modules: International business Finance, sales growth & Marketing with business Analytics I am open to work within UK
2DG TAX PLANNING & ACCOUNTING SERVICES - Lagos, Nigeria June, 2022 – January;
(Financial, Business Data Analytics, IFRS & Tax Advisor)
Job Position: Financial, Tax and Business Analytics Freelance consultant
• Corporate Tax, personal income tax, (PAYE, including Expatriate PAYE & Self-Assessment), for Clients Company, Providing tax advisory to the business on day-to-day basis on specific business transaction tax impact optimization needs.
• IFRS Compliance Financial Statement preparation and modelling for statutory Audit, Capital gain Tax, and Value added tax (VAT), Withholding Tax (WHT) Company Income Tax (CITax) data compilation, cash/cost impact optimization analysis and remittance filing.
• Business operations review and improvement, including procurement process, business risk analysis and controls mapping, Internal Audit Analytics consulting and decent internal control Sustainability Assurance and recommendation for strategic improvement.
• Tax advisory on investment decisions and optimizing tax opportunities including strategies for business expansion while ensuring compliance with Country tax law, ensuring timely close out of pending Tax assessment and Tax Audit.
• Investment Advisory, Portfolio management, forensic financial transactions investigation to meet various needs of client companies etc.
G4S Plc, London, United Kingdom - (G4S Nigeria Operation), Lagos December, 2017 – June
(Men Security, Electronic Security & Escort Logistics) Job Position: Country Head of Finance – Full time Job
KEY ROLES AND ACTIVITIES:
• Full financial responsibility (P&L) for Nigeria’s business, with specific focus on top line growth, strict cost management of both direct and SG&A costs along with operating cash flow to ensure the business delivers sustainable organic operating profit growth year on year.
• Managed the account team in Nigeria, Responsible for overseeing daily execution of matters as they relate to finance, accounting, supplies, bankers and clients transactions with oversight function on day to day accounts and finance activities of related and inter-company transactions by providing purposeful leadership at all levels in a multi currencies financial transactions.
• IFRS Compliance Financial Statement preparation and modelling for statutory Audit along with industry specific contemporary IFRS disclosures and notes, Corporate Tax, personal income tax, (PAYE, including Expatriate PAYE & Self-Assessment), Providing tax support to the business on day-to-day basis on specific business transaction to ensure tax impact minimization.
• Coordinated periodic staff salary payroll preparation, ensuring 100% accuracy along with statutory components such as Pension, PAYE, Life Assurance premium, consolidated relief’s etc. adjustment, drives the company’s financial planning.
• Provided strategic Operating cash flow, free cash flow administration and optimization via effective credit policy through clients versus vendors payment terms correlation, Inventory reorder level and efficient client invoices cash recovery management , Responsible for cutting costs, improving productivity and assisting in developing sound pricing strategies, driving revenue and profitability growth.
• Ensured compliance with Country tax law, ensuring timely close out of pending Tax assessment and Tax Audit, Industrial Training Fund (ITF), National Social Insurance Trust Fund (NSITF), Capital gain Tax, VAT and WHT data compilation, cash/cost impact optimization
• Introduced and implemented credit policy which in turn improve operating cash flows with over NGN560M/ GBP875K extremely long overdue clients invoices / receivables debts recovered within two months, this impact Positively OCF &FCF significantly.
• Prepared of Budget, periodic Budget to Actual Results Variance analysis via SAP-BPC, CXO ERP and advanced financial Modelling for strategic decision making, Analyzing monthly ?nancial results with respect to Revenue, costs, pro?ts, strategic liquidity in compliance with budgeted OCF, delivering business profitability status and ad hoc report to senior management, Country Managing Director - MD and the United Kingdom Head of office- Group CFO for timely strategic decision making.
PETROGOLD OIL AND ENERGY LIMITED - Lagos, Nigeria September, 2016 – December, 2017
(Downstream oil, Diesel and Lubricant)
Job Position: Chief Financial Officer (CFO) – Full time Job
KEY ROLES AND ACTIVITIES:
• Pioneer CFO, Engaged in commercial decision making, technical perception about prevailing business operations, taking ownership of the whole business and contributing to the growth and profitability strategies.
• I managed the successful implementation of the Company’s core business application working with other stakeholders in the company
• Prepared of monthly management account and conduct presentation to the board; monitor company’s cash flow and working capital
• Actively involved in special projects from strategic and commercial perspectives, engaging effectively with other colleagues and clients in Modelling and executing cost-effective performance and enhancing business profitability without compromising quality of output.
• Develops, updates, and oversees implementation of all finance policies, including ones relating to accounting, receivables, purchasing, internal controls, cash management and related functions
AMAIDEN ENERGY NIGERIA LTD. (FORMERLY MOODY INTERNATIONAL NIGERIA) - Lagos, Nigeria January 2016 – August, 2016
(Oil and Energy Technical Services)
Job Position: Head of Finance - Full time Job
KEY ROLES AND ACTIVITIES:
• Prepared Monthly Financial Accounts , Superintend all day to day accounting and financial procedures , ensuring that financial transactions adheres to the company policies and accounting takes place strictly in accordance with international accounting standard.
• Supervised of withholding Tax (WHT), Value Added Tax (VAT), PAYE, Self-Tax-Assessment, Corporate Tax and liaising with the Tax authorities to ensure timely closure of pending tax issues, ensure compliance with statutory deductions and remittances.
• Prepared Monthly Salary payroll and overseeing remittance of Pension, NSITF and ITF, NHF, Bank Reconciliation, Bank charges and Commission on turnover Recalculation, Commercial Investments management, liquidity and Assets Management.
• Prepared of Budget, periodic Budget to Actual Results Variance analysis and financial Modelling for strategic decision making, Analyzing monthly actual ?nancial results with respect to Revenue, costs, pro?ts, strategic liquidity, business profitability status and ad hoc report to senior management team and Managing Director for timely strategic decision making.
• Prepared of Monthly key performance indicators (KPIs), Comparing Current Month Actual, previous month Actual and Current Month Budget for management decision making. Review of transactions in the various account ledgers to ensure accuracy of postings
FLOUR MILLS OF NIGERIA PLC - Lagos, Nigeria June, 2014 – January
(Manufacturing, Distributing, Marketing and Sales of Goods)
Job Position: Assistant Manager, Finance & Accounts - Full time Job
KEY ROLES AND ACTIVITIES:
• I effectively supported the Group Chief Finance Officer in managing the entire finance function for better and effective performance of the group covering the Manufacturing, Transport & logistics of raw material & finished goods, assets management businesses.
• Responsible for the organization day to day treasury operation, syndicate bank loans settlement and interest on loans payment supervision, present monthly treasury and loan movement report to management along with overdraft usage and interest trend analysis.
• Effective financial planning and business decision support for the Agro-Allied division across over 8 subsidiaries to ensure efficient integration and accelerate the profitability glide path for the division.
• Skillfully Analyzed bill of materials of new and existing products line, to ensure profitability of products and processes, manage work in progress (WIP) cost to date, planned and executed continuous improvement of cost accounting processes and procedures.
• Effectively interpreted Monthly financial transactions, Prepare key performance indicators (KPIs), Comparing Current Month Actual, previous month Actual and Current Month Budget for management decision making.
• Supervised withholding Tax (WHT), Value Added Tax (VAT), Pay as you earned Tax (PAYE), Corporate Tax and liaising with the Tax authorities to ensure timely closure of pending tax issues. Reconciliation of bank statements, Inter-Company Transactions Reconciliation and commission on bank transactions turnover (COT) recalculation for recovery of any excess bank charges monthly.
• Prepared Monthly key performance indicators (KPIs), Compared Current Month Actual, previous months Actual and Budget expectation.
• Coordinated Monthly Inventory Count, Analyze Inventories Variances, present monthly variance report to management and proposed actions to take to avoid the recurrent of such variance in the future.
INDUSTRIAL AND GENERAL INSURANCE PLC – Victoria Island, Lagos January; 2011 – June, 2014
(Life Assurance, Non-Life Insurance and Investment advisory services)
Job Position: Assistant Finance Manager - Full time Job
KEY ROLES AND ACTIVITIES:
• I adequately supported the Chief Finance Officer in managing the entire finance function for better and effective performance of the group covering the General Insurance, life assurance, asset management, pension management businesses.
• Oversees the preparation of financial statements and reports and provides project analysis for management and Board/Committees in areas including income and expenses, cash management, accounts receivable, restricted and unrestricted assets, and investments.
• Engaged in Business transaction data capturing, posting in to appropriate Account Ledgers daily, and liaising with Tax Authorities.
• Consolidation of the group financials and rendition of Accounts to National Insurance Commission monthly. Preparation and rendition of Returns and Accounts to National Insurance Commission, the consolidation of Subsidiaries and Holding Company Financials.
• Consolidated Group financial statements in compliance with IFRSs; prepared Budget, Cash flow projection and monitor Budget implementation through business performance evaluation and analysis of KPI’s variances. Bank Reconciliation, Inter-Company and Branches Transactions Reconciliations.
• Organized Monthly Payroll, management and overseeing remittance of statutory deductions such has NSITF, PAYE and staff Pension.
ETHEL TECHNOLOGIES LTD. – Abuja, Nigeria October; 2009 - December;
(IT Equipment’s Merchant, Office Automation, Network/Server Managements)
Job Position: Manager, Internal Audit and Control - Full time Job
KEY ROLES AND ACTIVITIES:
• Transactions Process Audit and control to ensure that documents are error free before outflow of resources.
• Established and executed a sound professional accounting practice and propose appropriate controls to mitigate the risk.
• Engage in special audit and investigation, Identify key areas of business risk as may be required from time to time by Management.
• Tax Management, liaising with Tax Authorities on special audit and investigation as may be required from time to time by Management.
MESSRS OLUSHILE FOWORA & CO. - Lagos, Nigeria December, 2007 – September
(Chartered Accountants & Tax Practitioners)
Job Position: Senior Audit Associate - Full time Job
KEY ROLES AND ACTIVITIES:
• Established and executed a sound professional accounting practice, internal control system for Clients.
• Led team to perform audit fieldwork, Studied and examined scheduled documents relevant to audit engagements.
• Engaged in Tax Computation, Tax Audit and Back duty Investigation, Processing of tax clearance Certificates for Clients Companies.
• Ensured proper timely follow up with the tax authority to close open tax issues in a manner favorable to the clients company.
PROFESSIONAL ACCOUNTANCY TUTORS (PAT) ASSOCIATE – ICAN Accredited Lecture Centre February, 2004 – August
Job Position: Training Facilitator for professional Accountancy Examinations – Part Time
KEY SUBJECTS: Accounting, Tax, Auditing & Financial Management Facilitator
PROFESSIONAL QUALIFICATIONS
• Associate Chartered Accountant, ICAEW Examinations - London June January, 2023 ( Awaiting Result)
• Fellow of The Institute of Chartered Accountants, Nigeria (FCA) May;2020
• Associate of The Chartered Institute of Taxation, Nigeria (ACTI) May 2020
• Associate of The Institute of Chartered Accountants, Nigeria (ACA) Nov;2007
• Associate of The Institute of Accounting Technicians, Nigeria (AAT) Mar;2003
ACADEMIC QUALIFICATIONS
• Master of Science Degree in International Business Management, Manchester ,UK January 2023 – Ongoing
• Master of Science Degree in Accounting (M.Sc.) Dec;2016
• Bachelor of Science Degree in Accounting (B.Sc.) Dec;2007
• Diploma in Electronic Data processing Dec;2002
• West African Senior School Certificate Dec;1999
• First School Leaving Certificate Dec;1992
SPECIALIZED TRAINING:
• LBS Certificate in Financial Modelling with Investment & Business valuation Analytics
• LBS Certificate in Strategic Cost Management for Senior Managers
• Advanced Microsoft Excel and Advanced Financial Data’s Modelling
• ERP Software :SAP Business Planning and Consolidation (SAP-BPC Software)
• Quality Management System (QMS) ISO 9001:2015 Certified Auditor
• ERP Software’s : Sage Pastel – Sage Accounting Evolution ERP Software
• ERP Software’s : Microsoft Dynamics - Axapta Accounting ERP Software
• International Financial Reporting Standards (IFRS-ICAN) Certification
• IFRS Compliance Financial Reporting Software - IFRS Transaction Broker
• ICAN Technology Competency Edge: Ms. Office Suite & Accounting Software Packages
INSTITUTIONS ATTENDED
• Manchester Metropolitan University, England – United Kingdom January, 2023 – Ongoing
• Lagos Business School - Pan Atlantic University (LBS) and 2022
• University Of Lagos (UNILAG) , Lagos – 2016
• Redeemer’s International Leadership Academy - RILA – 2016
• The Institute of Chartered Accountants of Nigeria- ICAN –
• Lagos State University ( LASU) , Lagos – 2007
• Accounting Technicians Scheme - ICAN-ATS – 2003
• Vetland Grammar School, Agege, Lagos – 1998
OTHER SKILLS: Operating Cost & Tax Optimization * Revenue & Profitability Enhancement *Financial Forecasting * Financial Statement & Cash Flows In-depth Analysis* Budget Expert *Data Analysis * Financial Accounting setup * Tax Expert, Financial Modelling * Business Manager.
REFERENCES AVAILABLE ON REQUEST