ALABA FEMI AWOMEWE
(B.Tech, M.Sc., MBA, FCA, FCTI, ERMCP, CBAP)
Lagos, Nigeria
～GENERAL MANAGER / HEAD OF FINANCE | CHIEF FINANCIAL OFFICER (CFO)～
CHARTERED ACCOUNTANT (ICAN) WITH OVER 20+ YEARS OF EXPERIENCE.
Remote Working Time Zones Proficiency:
Central European Time (CET), UTC/GMT +/- 6 hours, PST hours
KEY STRENGTHS:
Investment
Advisory
Audit &
Compliance
Starup Company
Operations
Accounting and
Finance
CORE COMPETENCIES & SKILLS
Regulatory Compliance | Financial Analysis and Planning |Business Valuation & Financial Modeling | Data Analysis |
Fiscal Accountability and P&L Management | Cross-Cultural Talent Training and Development | Credit & Liquidity
Risk Management | Business Analysis | Cost Reduction & Budget Controls | EBITA Improvement | Performance
Management | Internal Controls | Cash-Flow Optimization | Process Optimization & Improvement | Corporate
Accounting| US GAAP | Business planning & strategies alignment | Tax Planning and tax dispute resolution.
PRODUCTIVITY & COLLABORATIVE TOOLS.
Google Meet | Office 365 | Microsoft Teams | Sage | Power Point & Excel | Sage Evolution | QuickBooks | Sun
System | SQL | Tableau.
PROFESSIONAL WORKING EXPERIENCES
General Manager (Finance) at First Primus West Africa Ltd, Partner WPP, Lagos from 2016 - Date.
Key Achievements Recorded:
➢ Led the finance team, to drive business growth, investment, and expansion, contributing to a 20% increase in
profitability through strategic financial planning and cost optimization.
➢ Implemented a financial reporting system that improved the accuracy and timeliness of budgets and financial
reports, enabling data-driven decision-making for the GCEO, board, and senior executives. This resulted in a 30%
reduction in financial reporting errors and enhanced transparency.
➢ Developed and enforced robust cost-control procedures, ensuring that every expense added value to the
company, leading to a 15% reduction in unnecessary expenditures while maintaining operational efficiency.
➢ Coordinated and supervised financial statement preparation in compliance with IFRS and internal controls,
ensuring adherence to global best practices and achieving 100% regulatory compliance with zero financial
discrepancies.
➢ Designed and implemented a cash flow projection model that maintained a minimum cash threshold to support
operations, optimizing liquidity management and enhancing treasury operations to improve cash reserves by 25%.
➢ Successfully led project cost forecasting, budgeting, and cost-tracking initiatives, working closely with
operations and project teams to improve financial efficiency. This resulted in a 10% improvement in project cost
variance analysis, ensuring better margin control and profitability.
Assistant General Manager (Finance and Accounts) at Japaul Oil & Maritime Services Plc (JSOSL), Port
Harcourt from 2015 – 2016
Key Achievements Recorded:
➢ Financial Reporting & Strategic Advisory: Coordinated and supervised financial reporting in compliance with
regulatory standards and company policies while providing data-driven insights and strategic financial advice that
enabled leadership to make informed decisions, leading to a 15% year-over-year reduction in operational costs.
➢ Financial Controls & Integrity: Developed and implemented financial strategies, controls, and processes that
improved operational efficiency by 20%, while ensuring the accuracy and integrity of financial records through
regular audits and reviews, resulting in zero discrepancies in external audits over the past three years.
➢ Budget Planning & Fundraising: Led company-wide budget planning by collaborating with departmental heads
to develop and finalize budgets within deadlines, while spearheading capital-raising initiatives that secured over $5
million for asset acquisitions through strategic financial partnerships with consultants and investors.
➢ External Financial Relationships Management: Managed relationships with commercial banks, independent
auditors, and tax consultants to ensure regulatory compliance while streamlining financial reporting and tax
submission processes, leading to a 10% reduction in tax liabilities and a 25% improvement in audit timelines.
Group Head (Internal Audit and Risk Management) at Japaul Oil and Maritime Services Plc, from 2011 – 2015
Key Achievements Recorded:
➢ Internal Audit & Control Implementation: Developed and implemented internal audit control strategies,
policies, and procedures across the Group, improving compliance and operational efficiency, while monitoring
control effectiveness to achieve a 30% improvement in risk mitigation and compliance adherence, and establishing
a risk management reporting framework that enhanced executive decision-making and reduced operational
inefficiencies by 20%.
➢ Risk Management & Strategic Performance Improvement: Designed and implemented a comprehensive risk
management framework with continuous monitoring, while leading the development of an annual risk-based
internal audit plan that strengthened governance structures, improved strategic performance by 25%, and enhanced
the Group’s ability to achieve key objectives.
➢ Financial Auditing & IFRS Compliance: Conducted monthly audits of Group management accounts to ensure
compliance with International Financial Reporting Standards (IFRS), enhancing financial statement accuracy and
completeness, while providing expert reviews that reduced exceptions in external audit management letters by
40%, strengthening financial reporting integrity.
➢ Fraud Investigation & Business Plan Monitoring: Led ad hoc investigations and supervised fraud detection
activities, preventing financial losses exceeding $100 thousand, while providing executive reports on audit
findings for swift corrective action and monitoring the Group’s business plan to identify deviations and
recommend strategic adjustments that enhanced financial performance.
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EARLY CAREER:
Assistant Manager (Head of Accounts, Lagos Office) at Japaul Oil and Maritime Services Plc, from 2009 - 2011
Assistant Manager (Account/Internal Control) at Japaul Electromechanical LLC (Subsidiary of Japaul Oil &
Maritime Services Plc.) Dubai, from Oct - Dec 2008.
Assistant Manager (Finance- Credit Control) at Maersk Line Nigeria Ltd. (Member of Maersk-Apmoller group),
Victoria Island, Lagos from August - September 2008.
Accountant (Head of Accounts Dept.) at Allianz Maritime Ltd, Oregun, Lagos from July - October 206
Assistant Accountant at Allianz Bonded Terminal Ltd, Lagos from 2004 - 2006
Account Officer at Allianz Maritime Ltd, Lagos from 2003 - 2004
Documentation and Data Officer at Allianz Maritime Ltd, Lagos from 2001 - 2003
NYSC at Firstbank Nigeria Plc, Lagos from 2000 - 2001
EDUCATIONAL QUALIFICATIONS, TRAINING, & MEMBERSHIP AFFILIATIONS.
MBA (Thesis in Finance) from Blekinge Institute of Technology, Kalrskrona, Sweden.
M.Sc in Mathematical Modelling and Simulation (Finance Model Thesis) from Blekinge Institute of Technology,
Karlskrona, Sweden.
B.Tech in Industrial Mathematics from Federal University of Technology, Akure.
CBAP from International Institute of Business Analysis.
Google Data Analytics Certificate from Coursera.
ERMCP fro Enterprises Risk Management Academy, Singapore.
Associate Member at the Institute of Internal Auditor, Global- Nigeria
Registered Professional at the Financial Reporting Council of Nigeria.
ACTI/FCTI from the Chartered Institute of Taxation of Nigeria
ACA/FCA from the Institute of Chartered Accountant of Nigeria.
Certified Internal Auditor from Deeno Consulting, Nigeria.
Risk Based Internal Auditing Training by Deeno Consulting, Nigeria
IFRS Training from FGH Consulting, Nigeria.
Recruitment and Interviewing Skills Training from Micphilips Stephen Co., Nigeria.
Presentation of Talk: Analytical solution on financial model for option pricing (Black-Schole equation) at the
Modern group Analysis conference 11, BTH, Sweden.
