Jacob Adeyemi Email and Phone Number

Financial Management and Reporting.Budgeting and Forecasting.Internal Control and Compliance.Financial Analysis and Strategy.Systems and Process Optimization.

• Develop and implement the annual internal audit/compliance plan. • Identify and collate Internal and external Risks and suggest ways to mitigate the risks to the compliance unit and the Senior Management Team. • Interact with various departments for policy development and modification.• Evaluate projects/business processes and transactions to analyze the productiveness of controls and risk alleviation. • Ensure employee’s actions are in compliance with policies, standards, procedures, and applicable laws and regulations. • Determining the organization’s compliance with relevant laws and regulations.• Ensure resources are acquired economically, used efficiently, and protected adequately.• Ensure quality and continuous improvement are fostered in MSI Nigeria's control processes. • Carry out Anti-Fraud and Bribery training, and sensitization programmes at the regional and support office levels. • Develop and implement a flexible annual audit plan for the Centres, Social Marketing, and regional offices. • Issue periodic reports to the Country Director, summarizing results of audit findings at the centres, regional offices, and the Social Marketing unit. • Investigate any significant suspected fraudulent activities within the centres, regional offices, and Social Marketing. • Perform all assigned financial reviews, operational reviews, and the review of administrative processes and systems by the country director. • Daily transaction reviews for the support office, centres, regional offices & and the Social Marketing unit. • Provide quality recommendations to the country director, the Senior Management Team, and the business units to improve internal control systems.

Supervise the Internal Audit unit.Assist in conducting risk assessments and identify controls in place to mitigate identified risks on a quarterly basis.Document the results of audit work in accordance with audit department and institute of internal auditors (IIA) standards on a quarterly basis.Contribute, as appropriate, in the quarterly and year-end financial audit as may be directed by Head of Department.Provide advice on internal control and participates in enhancing internal audit standards and practices on a monthly basis.Review reconciliation reports prepared by risk owners or reconciliation unit in Finance Department on a monthly basis.Conduct investigations on ethical and financial malpractice as assigned by Head of Department as and when due.Evaluate information security and assist in BCP readiness assessment on a quarterly basis. Carry out post-process reviews as and when due (daily, weekly not more than Wednesday of the succeeding week & monthly not more than 7th of the succeeding month).Review of movement in units between Members Register and Valuation LedgerConduct routine audit and spot check on departments/units and issue reports in line with approved audit plan and programmes.Carry out effective compliance status review of approved audit recommendations and report accordingly on a quarterly basis.Prepare monthly sensitization memo on re-current exceptions to promote awareness among staff not later than 3 days after month end.

Monitoring compliance to pensions internal processes by ensuring services are delivered in line with established policies, regulations and relevant legislation.Review of daily valuation of financial instruments report (RMAS Report) for rendition to PENCOM.Review and recommendation of multi-fund transfer.Review of refunds to PENCOM and other PFAs based on PENCOM's directives.Withdrawal, Voluntary contribution withdrawal) for onward submission to PenCom for approval.Handling of Contribution Call Over.Review of payment of different benefit types (Monthly pension, Lumpsum, pension enhancement and others.Review of different regulatory returns i.e ECA, Monthly pension, WHT.Leading audits of different departments within the Company as may be assigned by the HOD.Review of cash advance retirements and staff salaries.Review of payment vouchers and subsequent recommendation for Management approval.Review of journals for subsequent posting into general ledger.Supervise subordinates on assigned responsibilities. Conduct investigations on ethical and financial malpractice as directed by Board, Management and HoD from time to time.Evaluate information security and assist in BCP readiness assessment.Carry out effective compliance status review of approved audit recommendations.Conduct risk assessments and identify controls in place to mitigate identified risks.

Provide management over portfolio of clients and deliver high quality audit and assurance service, including preparing and reviewing audit plan and work.Achieve team and individual budgets and business plan/ performance objectives.Manages project financials, including budgets, WIPS, timely billing and collection and variance recognition.Maintain the highest technical and professional standard on client assignment.Addresses situation before they come crisis and develops solution to avoid recurrence.Coach, train and develop auditing staff to upgrade their knowledge etc

Analyzed client's investment portfolio to ensure they are in line with the company's risk appetite and returns, during audit.Audit, Consultancy and Tax planning.Preparation and maintenance of audit files.Training of subordinate team members.Bring out Innovative ideas and other engagement within the scope of practice.

Analyzed client's investment portfolio to ensure they are in line with the company's risk appetite and returns, during the course of audit.Carried out year-end stock-count for different clients.Statutory audit of various clients in both public and private sectors.Ensured compliance of clients with various professional/regulatory requirements.Effectively handled various tax transactions for clients such as monthly VAT, PAYE returns and processing of Withholding tax credit notesStudy the accounting system in operation together with accounting manual in existence and the extent of its usage.Assess the degree of internal control system in existence through system audit.Ascertain the nature and structure of Fixed Assets noting additions and disposals, location, depreciation, protection given, and compliance with the procurement procedures.Checking of Companies and Parastatals accounts, Issuance of Circularization Letters to Creditors, Debtors, Bankers, follow-ups, and reconciliation of their ledger accounts.Review the Internal Auditor’s report as it affects the financial statement of the organization.Computation of taxes (CIT, VAT, WHT) including Capital Allowances.Preparation of audited Draft Financial Statements of Companies, Parastatals of Federal and State Governments.Checked individual ledgers against control ledgers.Carried out bank reconciliation statement.Checked staff advance, housing loan, car loan.