Edeki Bakare BSc, MSc, MBA, FCA, ACTI, MCIB

Experience

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  ACN & Co. Chartered Accountants

  Sept 2006 - Oct 2007

  Audit Supervisor

  • Client’s system review• Tax Planning and Management for clients• Partook in recruitment and training for clients• Bank statement reconciliation and review for clients• Fund sourcing for clients• Preparation of Financial and management accounts for clients• Strategic Financial Advisory services for clients• Enthronement of sound processes and procedures for clients• Performance of adhoc functions on client’s mandate.• Managing the imprest account of my team. Show less

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  Ministry of Integrated and Rural Development

  Oct 2007 - Oct 2008

  Accountant (NYSC)
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  Access Bank PLC

  Feb 2009 - Jan 2012

  Banking Operations

  KEY DELIBERABLES: • Processing Customer’s request.• Remittance of WHT and VAT to the relevant tax authorities. • Cash planning and Management for the branch.• Supervision of Bulk tellers and Paying Tellers.• Automated Teller Machine (ATM) Monitoring and Control.• Marketing Varieties of products to customers• Managing several GL accounts.• Rendition of monthly General Ledger (GL) proof reports.• Managing multiple foreign currencies for the branch.• Monitoring Budgeted expenditures against actual and reporting on variances.• Managing clearing operations for the branch.• Handling customer complaints and escalating same where necessary.• Anchoring the weekly training programme as approved by the head office• Managing relationship with vendors. Show less

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  Accion Microfinance Bank Limited

  Jun 2012 - Jan 2013

  Risk, Control & Compliance Officer

  • Head Office process review and reporting• Monthly General Ledger (GL) proof review for branches under coverage• Review of Tellering and Cash Operations• Vault Management and Customer Services control • Funds Transfer and General Operations control• Review of safety, ambience and environment scan• Review of working tools functionality• Fraud control, investigation and reporting• Confirmation of Local Purchase Orders, accounts domiciliation, etc• Drive compliance to all corporate policies• Implement the Bank’s ERM framework• Review and reporting of ERM Process across business units• Interfacing with regulatory bodies (CBN, NDIC, FIRS etc) Show less

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  Kensington Pharmaceuticals Nigeria Limited

  Jan 2013 - Nov 2015

  Head, Account & Finance

  • Rendition of Monthly and Quarterly Management Accounts• Strategic Financial planning and Management• Performance of Budgeting and Controlling functions• Working Capital Management for Optimal Results• Appraisal of Corporate Investments for Optimal Results• Sourcing for funds to Finance Operations• Employee Coaching and Development• Relationship Management with Bankers• Management of Corporate Assets and Associated Risks• Management of Inventories• Management of Relationships with External Auditors and PFAs.• Projects/Products Costing for Pricing Decisions• Enthronement of Policies and procedures to support Operations• Payroll Management• Tax Planning and Administration• Implementation of Corporate Financial Policies• General Risk Management• Final Accounts preparation Show less

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  Diamond Crest Group

  Nov 2015 - Nov 2017

  Chief Accountant

  KEY RESPONSIBILITIES• Rendition of monthly and quarterly management accounts• Strategic financial planning and management• Performance of budgeting and controlling functions• Working capital management for optimal results• Appraisal of corporate investments for optimal results• Source for funds to finance operations andmanagement of inventories• Relationship management with bankers and clients• Management of corporate assets and associated risks• Projects/products/service costing for pricing decisions• Enthronement of policies and procedures to support Operations• Payroll management, tax planning and administration• Implementation of corporate financial policies and preparation of financial statements Show less

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  Personal Trust Microfinance Bank

  Dec 2017 - now

  • Ensure that the Bank meets the targets set forth in the business plan and annual budget. • Supervise all heads of department to achieve efficient, productive and profitable loan and deposit portfolio growth in line with corporate strategy and budget.• Lead the identification of target market segments and develop strategies for growth.• Provide strategic input and direction for the development of performance targets, including on-going monitoring to ensure achievement of set targets.• Build the organizational structures and business teams to maximize productivity and performance.• Ensure business compliance with company's policies, procedures and corporate governance expectations.• lead projects geared towards new products/ service development and or product / service enhancement by giving appropriate guidance on required checks, controls, processes and procedures in line with leading practices within the sector.• Facilitate and present periodic business performance review reports to the Board.• Execute the decisions of the Board of Directors.• Manage the day-to-day operations of Bank.• Participate in hiring and supervision of the senior management team.• Manage relationships with Investors, regulatory agencies, creditors and other partner institutions.• Create and implement a framework for the operation of an effective senior management team.• Foster and maintain a corporate culture that embodies high integrity and all other values.• Ensure that the organization follows best practices for internal control and risk management.• Operates in a fiscally responsible manner within agreed budget parameters.• Ensure sound financial recording and reporting.• Lead Executive Management Committee meetings and other related tasks.• Ensuring that the bank delivers on its short and long term strategic road map. Show less • Drive business performance achievement in line with budgetary projections• Develop and manage annual budget • Ensure compliance with all internal and external policies and regulations • Liaise with regulators and ensure 100% compliance with set guidelines• Fixed asset maintenance • Insurance management• Develop, maintain and review all accounting systems • Resposible for the compliance functions of the Bank• Asset and liability management • Treasury/Investment management • Liquidity management and funds pricing• Preparations, accuracy and rendition of periodic financial reports • Oversee daily management of accounts receivable and accounts payable.• Reconciling monthly activities, generating year-end reports, and fulfilling tax related requirements.• Oversee ALCO and MPR meetings• Maintaining administrative files in the department.• Administering payroll, employee benefits and performance incentives• Cost control and review• Develop performance standards for staff and implement the performance management/appraisal program.• Supervise all staff members in the department• Any other responsibility assigned by the Managing Director and the Board of Directors Show less

  • Managing Director/CEO

    Apr 2021 - now

  • Chief Financial Officer (CFO)

    Dec 2017 - Mar 2021