Saheed TOWOBOLA, FCA, MCRA, FWAIA,

Experience

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  Lakanmi Consults & Chartered Accountants

  Feb 2000 - Nov 2004

  Audit Trainee

  Audit activities Stock reviewFinancial reviewclient audit

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  Obasanjo Holdings Limited

  Aug 2008 - Mar 2014

  Senior Internal Auditor/ Group HQ Auditor

  • Manage, organize and control the collection and analysis of data, detect deficient controls, duplicated effort, fraud, or non-compliance with regulations and policies.• Evaluates the effectiveness of the internal control system.• Puts in place a process mechanism to deliver optimal performance across the organization.• Reviews monthly journals, bank statements, payment vouchers, credit notes, and bank order.• Provides recommendations resulting in increased value.• Act on behalf of Group Internal Auditor and report thereon. Show less

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  Olusegun Obasanjo Presidential Library

  Mar 2014 - Nov 2014

  Head of Audit/Intelligent Monitoring

  • Support the audit committee, Board of Directors and with independent objectives assurance service designed to improve Green Legacy Resort internal control, environment and operations.• Manage and supervised numerous internal audit functions for the organization. • Design, assessment and implementations of new processes for the organization. • Deriving privacy policies and breach notification procedures to be compliant with relevant privacy laws for the industry.• Performing business impact analysis to determine the critical business processes and respective internal access control. Show less

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  Obasanjo Holdings Limited

  Dec 2014 - Mar 2016

  Group HQ Auditor & Risk Manager
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  PAN Nigeria Limited

  Apr 2016 - Apr 2021

  i. Strategic and Annual Planning: Partner with Business Leaders across functions to build Strategic Plans and Annual Budgets and ensure effective implementation of Company Business Plan.ii. Track Company’s fixed asset spending in relation to its capital budget, as well as Board approval and management authorizations.iii. Coordinate the monthly business forecast process and track critical business performance metrics and KPIs.iv. Monitor daily Inventory position, and all outstanding vehicles and Spare parts PFIs requiring funding to ensure NO Stock out, No inadequate stock balance to meet the Budgeted Sales. v. Monitor and perform key role in product pricing, costing and product profitability analysis, ties revenues and costs to each product to inform purposeful management decision for improving profit margins on those products. vi. Assisting the company in Cash flow forecasting and financing.vii. Participate actively in acquiring new assets and ensure due diligence is carried out, including market analysis, financial, environment and technical reviews.viii. Analyzing assets, financial and operational performance, generating budgets, and carrying out variance analysis.ix. Review and provide input to the pro-forma financial model for fresh assets and ensure requirements for difference project agreements are complied with. x. Create valuation class for spare parts and materials, Coding all expenditure to their various cost centers for effective financial reporting.xi. Plan physical stock taking exercise and prepare Inventory Quarterly report.xii. Carry out periodic review on intangible assets impairment. xiii. As may be requested by management, perform fixed asset related analyses and recommend fixed assets that should be disposed off to management.xiv. Perform other duties and responsibilities that may be considered necessary to be assigned. Show less • Planning, designing and implementing overall risk management process for the organization.• Oversee and provide quality control for the department’s audits, to ensure departmental mandate and business goals are met and that professional standards are maintained at all times.• Providing analysis report on corporate governance involving external risk and report to stakeholders as to whether these risks are being adequately managed.• Provides Audit Committees with Audit & Risk Management’s report as required.• Provides an assurance as to whether policy and procedures are adequate and operating effectively and satisfactorily.• Conducting audits of policy and compliance to standards, including liaison with external auditors and regulators.• Assist management in the assessment of project risks and controls.• Provides recommendations to enhancing internal audit functions.• Recommends to Audit committee on how risk mitigation and business improvement opportunities can be achieved.• Leverages industry and technical expertise to assist management to address Audit associated with the business more effectively.• Put in place a process mechanism to deliver optimal performance across the organization.• Risk assessment and evaluation and quantifying the organization’s risk appetite. Show less

  • Head| Budget Planning| &Assets Management

    Apr 2020 - Apr 2021

  • Head of Audit & Risk Management

    Apr 2016 - Apr 2020
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  The Academy For Ethics & Leadership TAFEL,

  May 2021 - now

  Head Operational Finance – Governance Ethics & Risk Assurance

  Leadership, Governance and Ethics