Femi Elegbede Email & Phone Number

Toronto, On, Ca

Ontario, Canada

Preparation of detailed forecasts, annual budgets and medium term business plan. This entails consolidating four (4) plants and three (3) business areas across the country, preparation of executive summaries and commentary for management review and consolidated group reporting on SAP FC.Spearheaded the development of the five-year strategic planning document to facilitate growth within Lafarge through viable investments to ensure incremental revenues, profitability and achieving… Show more Preparation of detailed forecasts, annual budgets and medium term business plan. This entails consolidating four (4) plants and three (3) business areas across the country, preparation of executive summaries and commentary for management review and consolidated group reporting on SAP FC.Spearheaded the development of the five-year strategic planning document to facilitate growth within Lafarge through viable investments to ensure incremental revenues, profitability and achieving incremental market share.Preparation of month-end business performance review presentation on variations between budgeted, forecasted and actual performances, to proactively manage adherence to 12-month strategy.Defining revenue growth strategies while partnering with sales and marketing teams on competitive pricing, growth strategies and execution.Restructured management performance reporting, providing insights into the financials of the business through analysis of revenues and costs, as well as deployment and monitoring of new initiatives.Coordinating finance business functions during month-end activities to ensure timely submission of financial reports.Driving cost saving initiatives with monthly reviews and assessment to improve efficiency while mitigating FX and inflationary impact on Lafarge.Monitoring of capital expenditure to ensure on-time completion and deployment of assets, thereby enabling the evaluation of efficiencies derived from assets deployed.Analysis and forecasting of cash flows and net working capital requirements of the business in line with Lafarge-Holcim policies. Preparing detailed analysis of Lafarge performance for quarterly board meetings and Benchmarking Lafarge performance against competitors within the industry.Redesign of forecasting/budget model and reengineered the forecasting process, resulting in approximately 30-35% improvement in forecasting accuracy. Show less

Developed IFRS compliant budget model, consolidating 3 subsidiary companies which makes up the group with annual revenue of over $700m, identifying and eliminating intercompany relationships.Performed month-end closures, identifying the cost to be charged to P/L as expense and valuation of closing inventory at the end of period.Computed a monthly variance analysis of all P/L lines, splitting variance into price and quantity and discussing reasons with responsible managers… Show more Developed IFRS compliant budget model, consolidating 3 subsidiary companies which makes up the group with annual revenue of over $700m, identifying and eliminating intercompany relationships.Performed month-end closures, identifying the cost to be charged to P/L as expense and valuation of closing inventory at the end of period.Computed a monthly variance analysis of all P/L lines, splitting variance into price and quantity and discussing reasons with responsible managers evaluating financial opportunities and risks proactively.Liaised with Financial controller to review and approve posting by payables, receivables and fixed asset team to ledgers and reconciled all intercompany balances before period closure.Prepared segment and customer profitability reports. Identifying and developing performance metrics to be used in tracking business performance.Analyzed complex financial information and reports (including areas of revenue, operating expenses, and capital expenditures) to provide accurate and timely financial recommendations to support management decision-making.Created business cases to support decision of land lease renewals considering its impact on profitability. Implemented numerous tools used to accurately assess operational requirements and improve financial forecasting. Show less

Assisted assigned professors with research, data collection,data mining and analysis in Liquidity risk, Solvency Risk and Labor economics, and providing feedback with the use of SAS, SQL Queries and advanced Microsoft excel functions Tutored students in economics and finance courses

292A, Ajose Adeogun, Victoria Island, Lagos

Analyzed financial market data to establish inherent market and liquidity risks, with reports to management. This helped ensure the Bank adhered to minimum liquidity ratio requirements and avoided loses due to exchange rate fluctuations. Recommendations to management team regarding the acquisition of Enterprise Bank and worked on the integration of both Banks risk asset portfolios.Implemented acquisition risk analytics: evaluation of loan originations and building of origination… Show more Analyzed financial market data to establish inherent market and liquidity risks, with reports to management. This helped ensure the Bank adhered to minimum liquidity ratio requirements and avoided loses due to exchange rate fluctuations. Recommendations to management team regarding the acquisition of Enterprise Bank and worked on the integration of both Banks risk asset portfolios.Implemented acquisition risk analytics: evaluation of loan originations and building of origination score cards. Delivered multiple reports highlighting the key metrics required for an assessment of the bank’s portfolio using analytical tools like Power BI and advanced Microsoft excel functions.Weekly preparation of reports presented at the Banks Asset and Liability Committee meeting to assess changes in the Banks investment and liquidity risk exposure.Researched and implemented risk policies for the Bank in line with International best practice and reviewed the impact of investment decisions on the Banks balance sheetDesigned and created error-free, client-ready presentations in Microsoft PowerPoint, Word, and ExcelAccomplishmentsAutomated research templates which saved manpower hours in research equivalent to ~$0.2m monthly savings.Creation of Data repository with executive dashboards, improving turnaround time for Management reports by 6hours. Show less

Lagos, Nigeria

Conducted audit of clients’ inventory, Plants, Property and Equipment, intangible assets and cash and bank balances for the audit team with the use of the Deloitte Audit software and advanced Microsoft excel functions like pivot tables, formulas, v-lookups and macros.Performed amortization and depreciation of clients fixed asset schedules using advanced Microsoft excel functions.Researched and made recommendations to the audit manager regarding the operating processes of… Show more Conducted audit of clients’ inventory, Plants, Property and Equipment, intangible assets and cash and bank balances for the audit team with the use of the Deloitte Audit software and advanced Microsoft excel functions like pivot tables, formulas, v-lookups and macros.Performed amortization and depreciation of clients fixed asset schedules using advanced Microsoft excel functions.Researched and made recommendations to the audit manager regarding the operating processes of prospective clients to understand nature of business operations. Show less

Master'S Degree, Economics And Finance (Concentration: Business Analytics)

Bachelor'S Degree, Economics, Second Class Upper Degree

Activities and Societies: Students In Free Enterprise