Saheed Abiola, Fca, Cisa, Mba Email & Phone Number

Lagos, Nigeria

• Responsible for setting up of the Internal Audit Department and providing the required strategic leadership, oversight, and management of the function in line with the company’s corporate governance framework.• Charged with the development and alignment of the Internal Audit strategy/methodology with the business strategic aspirations/corporate goals.• Support in the establishment of proper governance, risk management and compliance processes in the company by establishing an effective and sustainable audit process.• Provide support and guidance in the design of an efficient internal control system and drive sound control culture across the organisation.• Design appropriate policies and procedures to guide the internal audit function.• Establish risk-based audit plans and setting out the priorities and strategy of the internal audit function.

Lagos, Nigeria

• Responsible for the overall strategic leadership, oversight, and management of the Internal Audit function towards improving on the governance, risk management and control practices and processes of the business.• Report functionally to the Board Audit Committee and administratively to the Managing Director/CEO.• Charged with the development and alignment of the internal audit strategy/methodology with the business strategic aspirations in the quest to reposition the company and consolidate on its growth trajectory.• Responsible for the establishment of risk-based audit plans and setting out the priorities/strategy of the internal audit function.• Support the establishment of proper governance, risk management and compliance processes in the company by establishing an effective and sustainable audit process.• Assist Management in creating and maintaining an adequate and efficient internal control system and embedding a sound control culture across the company.• Evaluation of the adequacy and effectiveness of existing controls and information systems and influencing best practices change, by utilising root cause analysis of audit issues and providing process improvement initiatives to ensure system adequacy, effectiveness, reliability, and data integrity.

Lagos

• Served as Head of Internal Audit, leading the design, implementation, and overall operation of the Company’s internal audit programme, including the development of the coordination framework with other assurance providers.• Report functionally to the Audit Committee and administratively to Managing Director /CEO.• Led risk-based audit on strategic business units and evaluation of the adequacy and effectiveness of process controls and information systems and influenced best practices change, by utilising root cause analysis of audit issues and providing process improvements initiatives to ensure system adequacy, effectiveness, reliability and data integrity.• Provided support in the design of efficient internal control system and drive sound control culture across the organization.• Assisted Management to institute effective fraud control and management system, policy and procedures that effectively mitigate the risk of fraud

Lagos

• Planned and conducted financial, operational, and technical (underwriting, Claims, Reinsurance), Compliance, IT audits, as well as branch audits/inspection visits.• Participated in the development of audit programmes/work plans, reviewed working papers of team members, scheduled and monitored the execution of audit assignments, and provide required supervisory/oversight functions to ensure adherence to work ethics and professional standards.• Coordinated proactive continuous risk assessment and participated in the preparation of internal audit plans and audit procedures focusing on emerging risks across all strategic business units (SBU’s).• Optimized team structure by providing on-the-job coaching and mentoring of team members, aligning responsibilities with development.• Led internal audit exit meetings to discuss findings and management action plans, and planned and executed follow-up testing to ensure action plans were properly implemented to aid prompt closure of audit issues.• Established and maintaining an audit partner’s engagement and rapport toward successful execution of audit assignments.• Demonstrated autonomous decision making and critical thinking skills in performing analytical testing procedures, ensuring the effectiveness of the scope of the audit commensurate with the audit findings, in line with agreed audit objectives.• Identified various business risks and areas for efficiency improvements and communicated same to relevant stakeholder’s/business leaders within the organisation.• Responsible for Internal and External Reporting to Management, Stakeholders, Regulators and Audit Committee.• Supervised daily prepayment checks/vouching of payments/capital expenditures requests.

Lagos

• Supervised the audit team to ensure the quality execution of the audit plan across the group and within the Audit group. • Development and implementation of the 4-level task structure for the unit.• Reviewing and updating the unit’s audit programmes in line with the approved audit plan for the year.• Proactively participate in the development of the annual audit plan for the group.• Responsible for preparing quarterly statutory reports to relevant regulators.• Responsible for peer review of the unit’s draft internal audit reports.• Ensure consistency in the management of audit issues across board.• Conduct various Technical, Process, and Finance/Investment Performance Management Review for the Group. • Supervised daily prepayment checks/vouching of payments/capital expenditures request.• Design the sharia compliance Audit plan for the Halal Takaful arm of the group.• Carried out the review of Halal Takaful investment fund allocation/portfolio management.• Conduct various technical and operational reviews for the group such as; Review of treasury activities, investment portfolio, money, and capital placements and real estate investment. Review and analysis of management accounts of the group. Quarterly post-payment review for the group. Branch audit review exercise. Daily prepayment checks/vouching of payments/capital expenditures request. Review of outstanding liabilities, deductions and remittances. Periodic review of e-channel control and operations. Credit control review. Review of brand unit procedures, operation impact, and event handling activities. Monthly payroll review.

Lagos

• Supervision of audit of major companies in the banking, manufacturing, trading and financial services.• Team leader on technical audit jobs involving business set-ups, rescue, and receivership.• Tax Planning and Management.• Design and implementation of the client’s accounting systems.• Evaluation of Client Internal Control Units for the purpose of; Reviewing new and existing systems. Evaluation of compliance with internal control procedures within the departments. Special project investigation and cash-flow analysis.

Master Of Business Administration - Mba, Finance And Investment

Higher National Diploma, Accountancy, Upper Credit