Tomtser Adem

ADEM, Tomtser Paul ACA, MCIB 38 Ifelodun Street, Akowonjo-Egbeda -Lagos; Tel:-; Email-ACCOUNTANT, AUDITOR, RISK/CREDIT MANAGER Areas of Expertise Accounting Risk Management Banking Operations. Auditing/Internal Control Taxation Financial Analysis/Reporting Strategy Planning Credit Analysis. Debt Collections, Monitoring and Recovery Career Objectives: To be a dynamic professional with in-depth knowledge and exceptional skill that can add value to business and deliver corporate goal with a sense of honesty, integrity, good interpersonal skill among team. To pursue career in an organization where priority is given to excellence, diligence, dynamism, and professionalism in terms of job performance for the realization of predetermined goals. To pursue a career in a forward-looking organization with a conducive environment that is challenging, motivating, and rewarding, where my professional potentials and contributions could be harnessed with others to meet the organization’s set goals and objectives as well as placing the organization ahead of other competitors. Professional Summary: A seasoned Accountant, Controls/Audit, Credit and Risk Manager that can effectively and efficiently develop mechanisms for good corporate governance, ethics, compliance, risk and credit management. EMPLOYMENT HISTORY EATONGATE CAPITAL LIMITED, 3 PEREZ DRIVER, OFF C &I LEASING DRIVE, OFF DUROSIMI ETTI ROAD, LEKKI PHASE 1-LAGOS. 8th February,2022 to date Finance and Operation Manager Job Summary     Provide full financial and management accounting services to the Management, especially, MD/CEO. Manage and safeguard the company’s finance and financial resources. Manage the company risk and ensure is within its appetite. Manage operations processes and ensure smooth flow of transactions. Strategic      Ensure that an appropriate financial policy framework is in place to guide management decision-making, particularly in the areas of assets and liability management (ALM). Establish comprehensive operational guidelines & workflows covering all business transactions and processes. Maintain contacts and liaise with bankers, auditors, regulatory authorities (SEC, NSE, PFAs, and e.t.c), tax authorities (Federal & State) to ensure compliance and long-term financial security and stability. Participate in meetings of departmental heads as necessary and work closely with all departmental heads/management team, advising them on likely financial consequences of all proposed courses of actions. Act as a member of project management team where necessary. Financial / Accounting         Ensure accuracy and integrity of all financial records and data inputEnsure production of accurate monthly and quarterly performance reports and management accounts. Ensure financial and other reporting systems are maintained in accordance with company’s accounting policies and relevant standards required by regulatory bodies, management, and external auditors. Prepare weekly and monthly banks’ reconciliation reports. Ensure error-free trades posting into software(s) and timely settlement. Manage and monitor daily cash position to ensure effective liquidity management as well as minimize company’s exposures/liability Ensure effective coordination of offers processes and returns rending to issuing housesEnsure the appropriateness of the key financial assumptions included in the company’s strategic policies and budgets. Prepare annual accounts and report for consideration by Management & the Board. Maintain records to meet management, statutory & legal requirements.           Provide full accounting services to the management including departmental financial analysis and exploring any potential problems with them in order to make appropriate budgetary decisions. Preparation of financial analysis and reporting for management deecision from time to time. Prepare and render tax returns (PAYE, VAT, WHT, e.t.c) as and when due. Plan and manage company’s tax liabilities. Evaluate the tax liability impact of complicated courses of actions, minimize tax burden and deal with tax authorities and other government agencies (Federal & State). Advise management & departmental heads on major financial issues as they arise. Manage and maintain fixed asses schedule and depreciation schedules. Manage and maintain the company’s payroll system. Prepare and submit staff monthly pension remittances to the PFAs. Coordinate/facilitate annual budget and forecasts sessions. OPERATIONS       Serve as the Operations Lead for system implementation, aligning system configuration with operational processes and policies. Develop and manage a team of well-trained, focused, and motivated finance Services staff. Manage centralized loan processing and account opening functions to ensure efficiency, quality and control over loan creation and completeness of Know Your Customer (KYC) / Anti-Money Laundering (AML) activities. Analyze operational risks, procedures, workflow, and controls on an ongoing basis for continual improvement of operational systems. Safeguard customer data and protect against fraud through management of authorization levels and access rights. Develop and maintain sufficient business continuity plans to ensure service delivery in the event of minor or major incidences & escalation of service exceptions as needed. Risk Management       Ensure adherence to organizational policies, processes, and risk management manuals Review of all credits – documentations for new credits, credit approval memos, extension, and disbursement memos – and make recommendations to the MD. Schedule periodic loan portfolio review and watchlist meetings Prepare/ Review and Rendition of all relevant compliance filings to all the relevant regulatory bodies in a timely manner. Liaise and maintain relationship with the relevant regulatory authorities Perform all that is necessary to ensure the safeguarding of the company’s assets and adherence to the highest compliance standards. BAINES CREDIT MFB LIMITED, 22 NORMAN WILLIAMS STREET, IKOYI-LAGOS. December 1,2016 to 7th February,2022. Chief Financial/Operation Officer. My responsibilities include. Guides and directs management in the development, production, promotion, and financial aspects of the organization's products and services.              Directs the preparation of short-term and long-range plans and budgets based on broad organizational goals and growth objectives. Budget planning and control. Preparing financial statements, monthly account reconciliations and supporting schedules monthly as well as the cash position of the bank on a daily, weekly, and monthly basis Facilitating and completing monthly close procedures Analyzing fees, interest income, investment income, commissions, and expenses to ensure they are recorded appropriately monthly. Supervising the analyzing financial statements monthly and report on variances Preparing tax returns as well as CBN, NDIC and other regulatory reporting requirements Serve as the Operations Lead for banking application system implementation, aligning system configuration with operational processes and policies. Develop and manage a team of well-trained, focused, and motivated Banking Services staff. Manage centralized loan processing and account opening functions to ensure efficiency, quality and control over loan creation and completeness of Know Your Customer (KYC) / Anti-Money Laundering (AML) activities. Analyze operational risks, procedures, workflow, and controls on an ongoing basis for continual improvement of operational systems. Safeguard customer data and protect against fraud through management of authorization levels and access rights. Ensure posting of transactions are done real time banking. Crossover MFB Limited, Ikoyi, Lagos Head, Banking Operations My responsibilities include:         2014 – Nov,2016 August,2016 to October,2016 Introduce and implement effective systems, policies, structures and resources to support the growth of the institution and ensure adherence to the same; Serve as the Operations Lead for banking application system implementation, aligning system configuration with operational processes and policies. Develop and manage a team of well-trained, focused, and motivated Banking Services staff. Manage centralized loan processing and account opening functions to ensure efficiency, quality and control over loan creation and completeness of Know Your Customer (KYC) / Anti-Money Laundering (AML) activities. Define and implement new policies and procedures for Banking Services in support of product development / refinement or upon introduction of new technologies and delivery channels. Analyze operational risks, procedures, workflow, and controls on an ongoing basis for continual improvement of operational systems. Safeguard customer data and protect against fraud through management of authorization levels and access rights. Develop and maintain sufficient business continuity plans to ensure service delivery in the event of minor or major incidences & escalation of service exceptions as needed. Head, Internal Control and Audit My responsibilities include:                   Reporting to Board of Director and MD/CEO Ensure Policy/Procedure/Regulatory Compliance on transactions or activities initiated. Provide Control and Compliance Counseling, Advisory and Decision Support Service to the business Units (SBUs). Create and improve homogenous Compliance Culture that aligns with the control and business objectives of the Bank. Build strong KYC and KYC (B) compliance environment in the assigned business units. Ensure integrity of the transactions and GL accounts through daily review of GL balance reports and other relevant adhoc and standard reports. Ensure that open items in the GL accounts are current and reflect the true nature of the products recorded therein. Any major deviation from the standard must be escalated following the appropriate escalation procedure. Ensure prompt and qualitative rendition of relevant returns and reports as may be required. Report on proof review and other assets ageing and provision in standard approved format etc Institute and enforce aggressive Revenue Assurance and Cost Reduction Strategies/Tactics for products under your purview to ensure zero% income leakages. Ensure prompt resolution of all open issues in the Internal Audit Report, Management letter, Regulatory Examiners Report and other Statutory Examiners Report. Ensure capturing of all KYC documentation into all customers’ accounts in the Core Banking Applications through the regular review of Account opening and documentation both on the file and on the system. Daily Independent Call Over of all qualifying Transactions within 24 hours of posting and where practicable online same day and as may be advised to you from time to time. Daily Reconciliation of bank Correspondence accounts (Our Accounts) where Applicable To ensure completeness and proper posting/funding of all cheques issued Review and monitoring of all e-banking related product reconciliation. Conduct Special Investigation as may be assigned from time to time. Conduct spot checks, stock taking, and other functions as may be assigned from time to time. BETHESDA MICROFINANCE BANK LIMITED 2010 to 2014 Head, Internal Control & Risk Management 19 Araromi Street, Lagos Island, Lagos My responsibilities include: 2013 - 2014.   Reporting to Board of Director and MD/CEO Review of Risk Assets before booking and drawdown.  Monitoring of Risk Assets to ensure compliance with all covenants.  Carrying out routine audit, inspection & Investigation and reporting on exceptions.  Daily call over of transaction  Carrying spot check and cash count.  Ensuring compliance with Bank’s operational and administrative policies.  Reporting daily on exceptions to the MD/CEO  Preparing internal control report on timely bases.  Ensure up to date reconciliation and Investigation of all outstanding in reconciliation statement.  Preparations of other reports such as Anti Money laundering and counter terrorism.  Assist during the external financial audit of the Bank. Head, Banking Operations: May, 2012 to December, 2012(Six months) My responsibilities include:         Introduce and implement effective systems, policies, structures, and resources to support the growth of the institution and ensure adherence to the same. Serve as the Operations Lead for banking application system implementation, aligning system configuration with operational processes and policies. Develop and manage a team of well-trained, focused, and motivated Banking Services staff. Manage centralized loan processing and account opening functions to ensure efficiency, quality and control over loan creation and completeness of Know Your Customer (KYC) / Anti-Money Laundering (AML) activities. Define and implement new policies and procedures for Banking Services in support of product development / refinement or upon introduction of new technologies and delivery channels. Analyze operational risks, procedures, workflow, and controls on an ongoing basis for continual improvement of operational systems. Safeguard customer data and protect against fraud through management of authorization levels and access rights. Develop and maintain sufficient business continuity plans to ensure service delivery in the event of minor or major incidences & escalation of service exceptions as needed. Accountant - Chief Financial Control: 2011 to 2012 My responsibilities include:  Budget planning and control.  Preparing financial statements, monthly account reconciliations and supporting schedules monthly as well as the cash position of the bank on a daily, weekly, and monthly basis Facilitating and completing monthly close procedures      Analyzing fees, interest income, investment income, commissions, and expenses to ensure they are recorded appropriately monthly. Supervising the analyzing financial statements monthly and report on variances Preparing tax returns as well as CBN, NDIC and other regulatory reporting requirements Assisting in documentation and monitoring of internal controls. NEET NIGERIA LIMITED ACCOUNTANT (SUPERVISOR) 2009 -2010 My responsibilities include:         Preparation of profit and loss statements and cost accounting reports. Posting daily transactions. Also assist in the establishment, maintain, and coordinate the implementation of accounting and accounting control procedures. Analyze and review budgets and expenditures for local, state, federal, and private funding, contracts, and grants. Monitor and review accounting and related system, attaches duplicate copy of checks to original invoices, stamps invoices “Paid” and files in permanent records. Prints, verifies and maintains accounts payable voucher reports, open/aging reports, disbursement reports, and journals. Receives and answers phone calls from vendors or other departments in regard to payment status of invoices. Receives and processes vendor invoices and internal check requests; maintains open files for purchase orders, packing/receiving slips and matches to invoices. Verifies invoices for quantity, unit pricing, extensions and applicable discounts. Obtains approval from reports for accuracy and completeness. NINGI MICROFINANCE BANK, NINGI, BAUCHI STATE. ACCOUNT OFFICER (NYSC) Feb 2007 –Feb 2008  Recording of daily transactions  Participate in ensuring that all control accounts, and cash balances and other subsidiary accounts are regularly updated and reconciled.  Part of a team that ensures account compliance with both statutory and professional regulations as regards preparation, presentation and disclosure of company’s financial information Key Strength  Good communication and relationship management skills  Problem solving, analytical and strong reporting skills  MS Office proficiency (Word, Excel, and PowerPoint)                    Proficiency in the use of various accounting and banking applications Great quantitative and analytical skills with strong attention to detail Ability to take initiatives and work under minimal supervision. Positive attitude with excellent time management and prioritizing skills Strong leadership/supervisory and people management skills Knowledge of audit standards and regulations. Risk assessment, analysis, management, business process and control analysis Auditing/accounting/cost control. Investigation and reporting skills. Ability to be self-directed, independently motivated, multi-task. Inspires respect and trust Knowledge of audit standards and regulations Risk assessment, analysis, management, business process and control analysis Ability to establish priorities, maintain confidentiality and work under pressure. Finance Acumen, Cost Optimization, Budgeting and forecasting. Stakeholder relationship management Strategy, technology and innovation Knowledge of corporate governance practices and knowledge of Assets and Liabilities Management (ALM) Knowledge of the GAAP/IFRS and good understanding of finance, accounting, budgeting, and cost control principles and ability to analyse financial data EDUCATION  B.Sc. Accounting (Second Class Lower), Benue State University, Makurdi  Senior Secondary Certificate Examination, Government Secondary School, Gboko Certifications and Professional Affiliations:  Member, The Institute of Chartered Accountants of Nigeria (ACA)…….2019  Member, Chartered Institute of Banker (MCIB) ………………………April,2016 Trainings and Course Attended  IFRS-Fundamentals (1&2) by IFRS Partners Nigeria -  Anti- Money Laundering/Combating the financing of Terrorism (AML/CFT): By JBBG Consult :   Risk Management and Control in microfinance Bank By central Bank of Nigeria (CBN)/FITC Convention to IFRS by Microfinance Bank, By National Association of Micro finance bank Lagos Chapter Internal Control and Fraud prevention in Microfinance Bank. By Association of Microfinance Banks. Workshop for Microfinance Bank on online rendition on monthly returns; By Central Bank of Nigeria (CBN)   PERSONAL DETAILS Sex: Male Marital Status: Married Referees: Available on request Nationality: Nigerian