Joseph Ayoola Ekhayeme Email & Phone Number

Nigeria

• Delivered and collaborated closely with a team of thirteen on the Bank’s Group audited financial statements, leveraging my inclusive leadership style to direct the project and liaise with External Auditors for the.
• Discovered and resolved a three-year group reporting misstatements along with my team using retrospective analysis, discussing and agreeing on findings and required actions with statutory auditors, leading to the Board.
• Currently directing a cross-functional 15-man team to execute a 'General Ledger (GL) clean-up' project through a holistic GLs review for an improved audit assurance
• Orchestrated a cross-functional team of seventeen to execute general book (general ledgers, supporting schedules, et cetera) clean-up based on hindsight gained from prior years' audits using basic data analytics and.
• Coordinated a team of 8 to conduct intensive product profitability analysis for the Bank, using a 3-year data point for loans disbursed to top 18,000+ customers that accounted for 37% of Non-performing Loans (NPLs).
• Risk assessment: executed a risk assessment of the impact of changes in write-off policy (97 days to 365 days) on the Bank’s Capital Adequacy Ratio and other regulatory ratios

Nigeria

• Designed and documented a Standard Operating Procedure for the Financial Reporting unit to standardize the workflow processes of Financial Reporting by consulting professionals and write-ups like Generally Accepted.
• Supported during the 2022 Financial Year Audit, furnishing the External Auditors with necessary documents/ schedules/evidence to corroborate matters of significant importance, providing explanations on Financial.

Lagos, Nigeria

• Championed the Inhouse preparation of half-yearly financial statements of the Bank in accordance with the Banking regulatory framework (IFRS, CAMA) to Identify Key Success Metrics, eliminating outsourcing costs and.
• Designed a Monthly Performance Report (MPR) model to enhance reporting speed and accuracy, eliminated 95% of error-related queries raised by the Management team
• Negotiated applicable tax liabilities with various Relevant Tax Authorities through effective Tax Planning, utilizing identified advantages in Nigeria tax laws; improved 2020 tax liability position by 18%
• Remapped the Chart of Accounts of the Bank to realign some transactions to the attributable General Ledger (GL) through multiple system runs to gain insight into those GL’s line reporting wrongly, thus reducing monthly.

Lagos, Nigeria

• Led a team of four to reconcile $2.1m overdue customer invoices through a retrospective statements review, analyzed the root cause of balance discrepancies, reduced working capital cycle by four days, and Improved.
• Collaborated with the marketing team in setting monthly sales and cash collection targets to drive sales volume and receivable collection period, resulting in a 4% growth in market share and a 12.1% rise in the monthly.
• Developed a Fixed Assets Register using Orion 11J (ERP) for monthly alignment of balances of fixed assets schedules with General Ledgers, eliminating related annual audit queries
• Automated Monthly Management Reporting system through an Excel model to standardize reporting efficiency, speeding up report delivery time by 28 hours

Acca Diploma In Ifrs, Financial Reporting, 71%

Bachelor'S Degree, Accounting, Second Class (Upper Division)

Activities and Societies: NUASA Quiz Team• President- NUASA Quiz Team 2013/2014

Aca, Accounting