OLUSEGUN OLUYEMI Bsc, Msc, ACA

Experience

• 

  Sola Oyetayo & Co (Chartered Accountants) A member firm of Accounting Global Network International

  Jan 2012 - May 2013

  Audit Trainee

  • Accounts reconciliations and variance analysis• Financial statements analysis• Preparation of financial statements • Preparation of reports on assignments undertaken, as required• Tax computation and filling of tax returns to relevant tax authorities on behalf of clients• Participates as team member in statutory audit assignments • Participates as team member in tax audit assignment on behalf of Lagos State

• 

  A. O. Opaneye & Co (Chartered Accountants)

  Jul 2013 - Dec 2014

  Senior Associate

  • Applying latest accounting and auditing standards and techniques to audit assignment.• Assisting in the planning and executing of statutory and non-statutory audit assignments.• Carry out substantive procedures to ascertain completeness, existence, accuracy, valuation and presentation of account balances and proposing adjustments where necessary;• Supervising audit field staff• Providing on-the-job training and controlling the quality of sub-ordinates work. • Writing up clients’ accounting records and rectifying defective accounting systems and procedures.• Preparing final accounts and cash flow statements for clients.• Assisting in the implementation of accounting and audit manuals.• Preparation of Accountant Reports for inclusion in the Prospectus.• Review of client’s business processes to identify risk areas and controls instituted by management• Evaluation of the works of client's Internal audit unit to identify exceptions • Communicate with management and people charged with governance on weaknesses identified during the audit Show less

• 

  Coronation Registrars Limited

  Jan 2015 - Nov 2015

  Senior Internal Audit & Control Officer

  • Assists in planning financial, regulatory, compliance and operational reviews/audits. • Conducts risk assessments and identifies controls in place to mitigate identified risks. • Identifies control gaps and opportunities for improvement. • Build a strong compliance environment to ensure zero level of policy, procedures and regulatory infractions.• Ensure prompt and effective call over of transactions as per approved threshold.• Carrying out spot checks and review of activities, cash count and vault administration, funds transfer, Clearing processes and returned cheques, dividend reconciliation, etc. ensuring adherence to policies and procedures• Review of Fixed Asset Register, expense and cash advances and ensure conformity with laid-down policies• Ensure complete and accurate recognition of all fees and charges on every relevant account• Conducts GL proof to ensure completeness and accuracy of accounting records & review of GL/P&L Movement Report.• Review of CAPEX, OPEX and Petty Vouchers for authorisation and ensure postings are accurate• Reporting/Rendition of all Control Activity and Exception Reports• Contributes, as appropriate, in the year-end financial audit with the external auditor. • Provides advice on internal control and participates in enhancing internal audit standards and practices within the organisation• Researches new or technical subjects when required to enhance processes (e.g. SEC Rules, Investment Act, new legislation etc.) • Propose practical and value added recommendations to address process inefficiencies and/or improve processes• Assists the Manager, Internal Audit in the development of the annual Internal Audit plan • Contributes to the safeguarding of corporate assets and the interests of Members by ensuring that appropriate internal controls are in place and operating effectively • Collaborate with other risk management functions within the organization such as Compliance, Enterprise Risk Management and IT Security Show less

• 

  Alcon Nigeria Ltd

  Dec 2015 - May 2018

  Lead Internal Auditor

  Audit Planning, Execution, Reporting and Project Management • Support the Head of Alcon Internal Audit & Risk Management to develop Alcon risk based Internal Audit work plan. • Coordinate and lead audit team meetings to discuss the audit plan, including audit background, preliminary objectives/scope, and audit budget, audit execution schedule, affected departments, contacts and expectations. • Take ownership and independently manage subsets of audits.• Conduct review of Internal Auditors’ work and documentation• Perform root cause analysis on exceptions identified during audits. • Review audit reports and finalize• oversee audit management and validate issues with auditees; assist with additional report writing as needed. • Tracking results of prior audits, identifying audit themes across organisation and determining if appropriate corrective action has been taken regarding significant audit concerns. • Contribute to strengthening and improving corporate governance and control environment of the organization; share issues, ideas and recommendations with the board and executive management.People Management and Development • Provide informal, day-to-day coaching and guidance to Internal Auditors. • Share knowledge of specialty areas to build knowledge and capabilities across Internal Audit department. Client Relationship Management • Build and maintain relationships with business partners at the manager and staff levels. • Provide advice and share Internal Audit knowledge with business partner, managers and staff to strengthen governance, risk and control environments, as appropriate. Show less

• 

  ETERNA PLC

  Jun 2018 - Jan 2022

  Prepares monthly financial reportPrepares monthly production cost management report to enhance management’s decision making.Maintains and manages inventory at the PlantReview all production cost template for accuracy and efficiencyActively participate in the annual audit exerciseCoordinate the transfer pricing system between Eterna Industries Limited and Eterna Plc.Supervise products receipts and ensure proper accounting of shortages and overagesCarries out monthly stock count and reconciliation of stocks balances to stock movement during the monthEnsures accuracy and proper maintenance of Fixed assets at the plantManages Imprest and other expenses for the PlantManages payment of wages and other staff welfare allowancesAny other duty as assigned by the CFO Show less

  • Head - Production Accounting, Transfer Pricing, Inventory Management & Control

    Oct 2019 - Jan 2022

  • Lead, Plant Finance

    Jun 2018 - Oct 2019
• 

  EY

  Jan 2022 - Feb 2023

  Experienced Audit Semi-Senior

  • Performed statutory and non-statutory audits and ensured that all relevant procedures are performed in line with EY Global Audit Methodology and the International Standards on Auditing.• Organized discussions with clients during the planning meeting for risk assessment and business process walkthrough documentation.• Understanding client’s entity level controls as well as its financial statement level risks in order to determine appropriate audit approach and strategy as well as developing audit program• Prepared industry and client-specific audit programs detailing audit test work to be performed, audit evidence to obtain and conclusion from procedures performed.• Identified client specific audit and accounting issues and escalate in a timely manner, to the engagement manager and partner, while suggesting action points.• Executed digital audit procedures on financial statement captions during the execution phase of the audit. I executed the digital approach to audit captions such as revenue, receivable, and cash by carrying out procedures such as three-way correlation, cash anchor testing and substantive analytical procedures amongst other procedures, using the EY Helix General Ledger Analyzer. • Prepared audit report Show less

• 

  Deloitte

  Feb 2023 - now

  • Team lead on statutory and non-statutory audits. • Work with the engagement manager and partner to conduct pre-engagement activities including Preliminary client acceptance procedures, Conflict Check, and Risk Management Procedures• Performing detailed risk assessment by identifying, in conjunction with the engagement Manager and Partner, the significant risks on engagements, the significant accounts, and the relevant assertions with consideration of the risk of significant misstatement.• Evaluate client’s internal control system, policies and procedures; perform test of control including the design, implementation and operating effectiveness.• Preparing industry and client-specific audit programs detailing audit test work to be performed.• Work closely with subject matter experts supporting the audit team to ensure that methodology and data used are appropriate and in line with relevant standards.• Executing audit procedures on financial statement captions during the execution phase of the audit. • Lead, mentor, and coach engagement team members and providing appropriate feedback and clarification where necessary. Supervising the audit and ensuring that all relevant procedures are performed in line with Deloitte Methodology and the International Standards on Auditing.• Reviewing/preparing financial statements in accordance with IFRS and performing detailed audit procedures to ascertain that the financial statements and related notes are fairly presented and disclosed.• Managing extensive communication with client throughout the engagement and coordinating client requests to optimize the audit.• Preparing audit reports and audit committee presentations detailing significant findings during the audit Show less

  • Assistant Manager III

    Nov 2024 - now

  • Assistant Manager

    Sept 2024 - Nov 2024

  • Senior Associate 2

    Feb 2023 - Sept 2024