Kayode Agunbiade

Kayode Agunbiade

Management Accountant

Followers of Kayode Agunbiade726 followers
location of Kayode AgunbiadeNigeria

Connect with Kayode Agunbiade to Send Message

Connect

Connect with Kayode Agunbiade to Send Message

Connect
  • Timeline

  • About me

    Chief Financial Officer at Jos Electricity Distribution Plc

  • Education

    • ADEKUNLE AJASIN UNVERSITY, AKUNGBA-AKOKO,NIGERIA

      2000 - 2001
      M,B.A FINANCE
    • OBAFEMI AWOLOWO UNIVERSITY, ILE-IFE NIGERIA

      1987 - 1992
      B.SC CHEMICAL ENGINEERING Second Class Upper Division

      Activities and Societies: Student member Nigerian Society of Chemical Engineers

  • Experience

    • DHL international Nigera Ltd

      Jan 2003 - Apr 2007
      Management Accountant

      Responsible for Month-end & Year-end close both for statutory & Management reporting. Preparation of company financial statements in line with IAS/Local GAAP Monthly Reconciliation of Intercompany accounts Responsible for proper allocation of cost to various functions/departments Responsible for Monthly reporting of Cost by Activity/Function. Assist in Collation and coordination of the entire budgeting process. Monthly Variance analysis including Finance commentaries and Other Ad-hoc reporting to the APEM Area Office. Preparation of Weekly/Monthly Revenue by station, Division and Region. Preparation of activity based Profit & Loss Account Reports country’s financial activities to the group on Monthly basis Responsible for preparation of Network costing model(ABC Cost model) Maintain a proper functioning of the General Ledger system. Supervise an effective and efficient Payroll system, by ensuring prompt and timely preparation of monthly payroll, of all cadres of staff. Ensure the maintenance of accurate staff records with respect to loans and advances and other statutory and non-statutory deductions. Ensure prompt remittances of all statutory and non-statutory deductions, to the relevant responsible authorities. Show less

    • DHL EXPRESS NIGERIA

      Apr 2007 - Nov 2010

      Ensure that all commercial contracts and approved tariffs are properly set up, completely, accurately and on timely basis. Manage and organise all local billing activities to function efficiently and effectively, in order to achieve complete and accurate invoicing of all billable transactions Ensure that all relevant weekly and monthly IBS reports are generated and printed on time, to meet the critical reporting deadlines of the Management Accounts section to the Group Responsible for both External and regular billing Liase with Customs desk on issues relating to Customers’ duty billing Manage company’s Sales Ledger. Supervise the credit collection team in achieving company’s collection target. Monitor Company’s DOS performance & alert management of working capital issues Supervise the preparation of various working capital management productivity reports for managements use. Prepares monthly DOS commentary to the group’s working capital management team Resolution of all queries arising from Customers’ Invoices. Show less Ensure timely & accurate preparation of Annual operating plan, re-forecast & Medium term plan. Responsible for collection of data & overall coordination of company’s Planning process Monitor Company’s business performance & alert management to financial issues & trends Use accurate judgment to prevent noticeable CAPEX program delays and cost wastages Supervise the preparation of productivity reports for all departments and analyse trend & performances. Supervise the preparation of all management & cost reports Supervise both month-end and Year-end close & preparation of schedules for management and External Audit purposes. Responsible for all company tax matters including PAYE, VAT & WHT. Liase with Ministry of Industries for the purpose of acquiring certificate of Investment for claiming of Capital allowances Liase with both Federal and states statutory Auditors Show less

      • CONTROLLER CUSTOMER ACCOUNTING & BILLING SERVICES

        Jan 2010 - Nov 2010
      • FINANCIAL ANALYSIS & PLANNING MANAGER

        Apr 2007 - Dec 2009
    • WAKANOW.COM

      Nov 2010 - Nov 2011
      CHIEF FINANCIAL OFFICER

      Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.Work with the President/CEO on the strategic vision including fostering and cultivating stakeholder relationships, as well as assisting in the development and negotiation of contracts with airlines.Ensure the preparation and co-ordination of annual operating plan and budgets to achieve both short term and long term objectives of the company.Assess the benefits of all prospective contracts with airlines and advise the Executive Team on programmatic design and implementation matters. Ensure adequate management controls are installed and that substantiating documentation is approved and available such that all financial transactions pass statutory audits. Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports,and reports to funding agencies.Ensures that company complies with all tax matters arising from PAYE, WHT,Corporate taxes and VAT.Oversee all purchases and capital acquisition embarked upon by the company.Develop and maintain systems of internal controls to safeguard financial assets of the organization. Oversee the coordination and activities of independent auditors ensuring all audit issues are resolved, and all compliance issues are met, and the preparation of the annual financial statements is in accordance with IFRS.Develop working capital requirements to ensure effective credit management and account payable control.Monitor banking activities of the organization.Ensure adequate cash flow to meet the organization's needs.Oversee the production of monthly reports including reconciliations with airlines and affiliates,as well as financial statements and cash flow projections for use by Executive management.Assist in the design,implementation, and timely calculations of commissions,and salaries for the staff and affiliates. Show less

    • SAHARA GROUP LTD

      Jul 2012 - Feb 2019
      FINANCIAL CONTROLLER

      Precisely prepare and review group financial statements, financial management information, the consolidated accounts and financial reports. Prepare Budget and forecast for the group. Manage relationship with statutory authorities and ensure compliance with monetary and fiscal laws. Manage group business and financial risk .Competently develop KPI’s to support the group’s strategy. Oversee the review of Group's payroll and balance sheet accounts, monitoring of Group's CoA, month end and year end close, fixed assets, stock valuation process, Responsible for Corporate tax management, PAYE, VAT administration and filing of annual accounts and other statutory returns. Liaison with external and internal auditors and co-ordination of management responses and action. Ensure efficient working capital management and Capital investment appraisal.Achievements Successfully implemented the group’s financial plan and ensure budgetary control. Ensured compliance with current accounting guideline regulations and new legislations. Successfully migrated Sahara group Accounting ledger from Non ERP application to Oracle application Directly managed all Finance and business activities for Sahara storage companies in Nigeria and Ghana  Successfully migrated Sahara Tanzania on Oracle ERP Show less

    • PwC Nigeria

      Feb 2019 - Dec 2019
      Senior Consultant

      Seconded to A.A Rano Nigeria Ltd as CFOFinancial Control responsibility: to ensure that appropriate systems and processes are in place across the respective businesses. This includes but is not limited to: Financial and Management Reporting, Treasury & Cash Management, Debt Facilities, Risk Management and Audits, Tax Compliance, Insurance, Contract Management and Terms of Trade & Accounting Projects & Analysis. Financial Strategy: including budgeting, forecasting, contributing to overall strategy and investment prioritisation. Assist in formulating the company's future direction and supporting tactical initiatives. Monitor and direct the implementation of strategic business plans. Manage the capital request and budgeting processes. Develop performance measures and monitoring systems that support the company's strategic directionInformation Technology: recommending systems, project management of IT projects, and system upgrades or deployment. Strategic Direction and Leadership in Finance department as well as assist management in fashioning the right direction for the company. Deploying a best fit organogram for Finance department that will drive the Finance Target Model(FTOM) Show less

    • Jos Electricity Distribution Plc

      Oct 2020 - now
      Chief Financial Officer
  • Licenses & Certifications

    • ASSOCIATE CHARTERED ACCOUNTANTS

      INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA
      Jun 2002