Vincent Akodu

Vincent Akodu

Followers of Vincent Akodu100 followers
location of Vincent AkoduNigeria

Connect with Vincent Akodu to Send Message

Connect

Connect with Vincent Akodu to Send Message

Connect
  • Timeline

  • About me

    BSc, MBA. MSC. Cost Management, Cost Control Analyst, Revenue Assurance, Debt Recovery Analyst, Remedial Asset Management.

  • Education

    • University of Ado Ekiti

      2002 - 2006
      Bachelor's degree Banking, Finance and Business Administration Second Class Upper Division

      Activities and Societies: Debate team. Faculty/Department Student Executive Management.

    • University of Lagos

      2017 - 2019
      MSC Risk Management and Insurance Risk Management and Insurance Pass
    • University of Roehampton

      2014 - 2017
      Master of Business Administration (MBA) Banking, Corporate, Finance, and Risk Management Pass
    • ACCA

      -
  • Experience

    • Wema Bank Plc.

      Jun 2010 - now

       To identify areas of improvement in company revenues and margins. To develop and manage all revenue assurance controls and provide comprehensive assurance for financial services. To ensure mitigation of revenue leakages, fraud and error. To further ensure accurate billing to customers and optimal costs from suppliers and vendors. Perform revenue analysis, calculations and reporting on monthly and quarterly basis. Work with cross-functional teams in identifying and driving the root cause and resolving financial and revenue related issues - finance, GSD, system support, etc. Extract, large sets of numerical data and extract from them valuable information about the company's revenue that can be useful for management’s business decision making. Determine and review revenue numbers with the CFO on a regular basis. Work with Finance to develop internal finance controls on GL’s and PL’s based on industry best practices. Tracking the revenues of various product and the entire income of the bank over time and charting the trend; and brainstorming potential ways to increase revenue without affecting a concomitant increase in expenses. Match revenues to expenses to determine the relative profitability of each product. Develop revenue recognition policies and revenue generation standards. While keeping track of the bank’s revenue and looking for ways to improve it, also review, determine and report how the company's revenue compares to competitors in the industry. Show less CUSTOMER SERVICE TEAM LEAD Led and authorized Customer Service and Funds Transfer functions in the branch and supervised the creation of Investment, Risk Asset and Liability accounts in the branch. Supervise and authorize clearing activities in the branch and call-over function in the branch and track open unresolved items for prompt resolution. Manage customer’s complaint; resolve issues to achieve maximum customer satisfaction level. Allow transactions above the Teller Team Lead’s limit. Show less

      • Revenue Assurance and Cost Management Analyst

        Jan 2020 - now
      • Remedial Asset Management Officer: Team Lead, Loan Recovery/Workout

        Jan 2014 - Dec 2019
      • Branch Service Manager

        Dec 2012 - Jan 2014
      • Teller Team Lead (Cash Officer)

        Feb 2012 - Dec 2012
      • Customer Service Team Lead

        Jun 2010 - Jan 2012
  • Licenses & Certifications