RASHEED ALAPOTISHILE
Accountant
Boston
Summary
Analytical Management Accountant possessing solid knowledge of basic and advanced accounting and financial principles and practices. Bringing over 10 years of comprehensive experience recording and crunching numbers to help choose and manage company investments and budgeting and strategizing tasks. Independent and detail-oriented professional with expertise communicating complex business issues clearly.
Overview
16
16
years of professional experience
6
6
years of post-secondary education
1
1
Certification
1
1
Language
Work History
Management Accountant
PPC Limited
Lagos, State
08.2020 - Current
- Develop and document business processes and accounting policies to maintain and strengthen internal controls
- Preparing timely management and financial accounts and accurate preparation of monthly management accounts
- Produce error-free financial and stock accounting reports
- Manage and supervise accountants, procurements and inventory officers
- Prepare financial statements and produce budget according to schedule
- Assist with tax audits and tax returns
- Direct internal and external audits to ensure compliance
- Develop and managing financial systems/policies
- Negotiate and obtaining finance for major projects.
Risk Management and Internal Control Manager
Alpha Mead Group
, Lagos State
02.2017 - 07.2020
- Support process mapping and risk and control identification sessions held within the business to support development, and periodic confirmation of the adequacy of scope and content of horizontal risk and control self-assessments
- Evaluate the appropriateness and design of key controls to mitigate key risks of the business processes and develop appropriate test procedures to test the effectiveness of business controls through inquiry, examination, re-performance and observation
- Assist in the review and enhancement of the current framework that is leveraged to design and implement consistent risk and control self-assessments cross business units
- Perform analysis of outstanding audit, regulatory, compliance identified, and business identified issues and develops processes to monitor action plan in accordance with existing timelines, and escalate issues that are not progressing as expected
- Develop positive working relationships with Controls Team members and other business partners to maintain an open environment for collaboration, risk identification, and remediation
- Follow-up with accountable business leaders and their teams to ensure control issues (regulatory, audit, compliance identified, and business/self-identified) are effectively resolved and subject to in-depth root cause analysis.
Head of Finance
Hirst Resources Limited
, Lagos State
01.2014 - 02.2017
- Implements policy and procedures for area, sets expectations and direction for performance of the finance function and directs planning and coordination of specific budgets, and develops requirements for budgeting standards
- Coordinates project forecast information (cost, schedule) with planning departments and consults with units’ heads and department managers on capital and facility plans and forecasts
- Liaise with senior financial personnel to provide financial information and analysis related to construction projects, facility operations and real estate functions for the decision-making process
- Oversees development and implementation of requirements for cost recording, reporting, and analysing standards, programs, and reports, and performance monitoring and control functions on major projects
- Prepares and analyses facility operating expense budgets, monitors expenses, prepares analysis reports and consults with head of unit and department managers on expense control
- Leads month end close for operating costs; approves journals for close; identifies and resolves aberrations to the General Ledger during close and resolves escalated technical and personnel issues.
Accountant
Metro-lion Nigeria Limited
06.2011 - 12.2013
- Perform monthly, quarterly and annual accounting activities including reconciliations of bank and credit card accounts, coordination and completion of annual audits, and reviewing financial reports/support as necessary
- Analyse and report on financial status including income statement variances, communicating financial results to management, budget preparation and analysis
- Responsible for resolving outstanding balance sheet items, including payroll-related accounts, suspense & accruals, and purchase reports on long outstanding orders, established more effective internal controls
- Tracked and reported capital and expense spend, auditing requests and payments for compliance, calculating depreciation and interest, and monitoring the capital asset management system
- Generate, audit and mail client invoices to assist in cash flow and make subcontractor invoice payments.
Executive Officer Accounts
Olabisi Onabanjo University College of Engineering and Technology
, Ogun State
04.2008 - 05.2011
- Account maintenance for inquiries related to authorized signatures, beneficiaries, closing procedures and ensure that all documentations are in conformity with the institutions policies and procedures, regulations and accounting practices
- Updating of fixed asset register, management of cash books, preparation of bank reconciliation statement, impress vote book other carry out office administrative duties
- Capturing approved invoices on the general ledger, taking cognizance of the VAT payable and WHT to be deducted on each invoice where applicable
- Reconciliation of banks accounts, imprest accounts, supplier’s accounts, debtor accounts and stock accounts.
Audit Trainee
Jubril Oawale Lawal & Co. Chartered Accountants
, Ogun State
01.2004 - 04.2005
- Complete process review documentation for specifically assigned audit areas (e.g., pre-audit assessment questionnaire, system narratives and flowcharts)
- Prepare technical documents, work papers and reports that demonstrate an understanding of assigned areas, satisfy audit program steps and effectively support the results of field work
- Adhere to departmental and other relevant external, professional auditing standards; accurately and completely identify and document audit issues
- Perform special audit-related projects as assigned (including compliance reviews)
- Update the status of the previous audit findings on a monthly basis, auditing resolved issues and preparing the monthly status report for review.
Education
MBA - Finance
National Open University of Nigeria
BSc - Accounting
Olabisi Onabanjo University
ND - Accounting
Moshood Abiola Polytechnic Abeokuta
SSCE -
SSCE – Kajola High School,
Ogun State. 09.1994 - 10.2000
Skills
Microsoft Excel Microsoft Word SAGE 50undefined
Accomplishments
Prepared strategic business plan for a health and diagnostic Centre on targeted internal revenue generation (IGR) of $10 million (equivalent) over a 5-year period. In the first year of implementation the IGR increased by $1.6 million (equivalent). A socially inclusive business model was adopted such that the stakeholders benefited from the business model, thereby expanding existing business models and also exploring untapped product specific value chains in the local community.
As the Head of Accounts and Finance, prepared a business Continuity plan and Risk analysis on all financial processes as it may affect the organization against internal and external treat making the Centre among the top 4 in the community it operates.
Prepared and submitted Monthly Management accounts of the Centre on or before 5th of every Months for timely and adequate decision making by the Management.
Managed and supervised a team of 10 professional, Account, Procurement and Inventory units across deferent location. preparing the accounts of 3 businesses across various sectors with a balance sheet size of over $3 billion.
Led a team of auditors on a 5-year tax compliance exercise on private and government parastatals in a state as a tax collecting agent, covering 30 branches. We ensured an 87% of un-remitted revenue in excess of over $5 billion were remitted.
Certification
Associate, Institute of Chartered Accountant of Nigeria (ICAN) | 2008 Associate, Institute of Chartered Taxation of Nigeria (CITN) | 2010 Accounting Technician, Institute of Chartered Accountant of Nigeria | 2006 Graduate, Nigeria Institute of Management | 2009
Timeline
Management Accountant
PPC Limited
08.2020 - Current
Risk Management and Internal Control Manager
Alpha Mead Group
02.2017 - 07.2020
Head of Finance
Hirst Resources Limited
01.2014 - 02.2017
Accountant
Metro-lion Nigeria Limited
06.2011 - 12.2013
Executive Officer Accounts
Olabisi Onabanjo University College of Engineering and Technology
04.2008 - 05.2011
Audit Trainee
Jubril Oawale Lawal & Co. Chartered Accountants
01.2004 - 04.2005
SSCE -
SSCE – Kajola High School,
09.1994 - 10.2000
MBA - Finance
National Open University of Nigeria
BSc - Accounting
Olabisi Onabanjo University
ND - Accounting
Moshood Abiola Polytechnic Abeokuta
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