Habeeb Olakitan

Team Lead, Tax Management at Keystone Bank Limited

• Nigeria
• My current job since May 2017

• Review tax audit requests from various tax authorities and liaise with the relevant tax consultants to visit the locations.
• Provide relevant data for tax investigations/audits by liaising with relevant units in the bank.
• Verify system compliance with deductions of charges such as VAT, WHT from all bank’s transactions and report any deficiencies or non-compliance.
• Work with the tax examiners and external consultants to design tax strategy for the business.
• Produce regular reports/updates for management attention.
• Timely provision of all regulatory reports as may be required by the regulators.
• Ensure accurate computation and deduction of applicable taxes on all bank’s charges and payments in line with extant laws, and guidelines.
• Ensure timely resolution of exceptional issues raised across branches on taxes.
• Ensure accuracy in validation and review of all statutory tax returns for reliability prior to rendition in accordance with statutory requirements.
• Coordination of tax audit and related matters with timely provision of relevant
• Enusre adequate financial reporting and presenstation of tax mattears in relation to IFRS.
• Process review, change management and implementation of regulatory and management policies.
• Regulatory Compliance: timely preparation and filing of tax returns in value-added tax (VAT), corporate income tax (CIT), witholding tax (WHT), etc
• Ensure timely remittance of tax liabilities to appropriate authorities.
• Payroll Compliance: preparation of payroll calculations, reports and returns
• Administrative and Finance Support: preparation of statistical reports, administrative support with document management and archiving, support with recovery of accounts, budgeting and forecasting, etc.
• Finance & Accounting: bookkeeping, preparation of stand alone and consolidated statutory financial statements, reporting for management purposes, tax technology implementation, audit work assistance, training,

Corporate Strategy Manager at UAC of Nigeria Plc

• Nigeria
• My current job since May 2018

Strategic Planning

1. Initiate and develop a strategy for the company, in line with the overall strategy for Corporate, resulting in a vision (3 years) for the Company;
2. Initiate and develop the Business Year Plan for the company, resulting in a yearly action plan for the Business.
3. Align organizational performance metrics and instill discipline in its implementation to ensure they build on each other. Ensure enterprise performance monitoring and analysis.
4. Oversee the annual company-wide business planning and budgeting cycle, including budget development as well as periodic reviews with cost centre owners,

Strategy Execution
5. Monitor the execution of the company strategy and Business Year Plans on a monthly basis and take corrective actions in case of deviations, resulting in the agreed upon objectives.
6. Provide intermittent follow up on project execution and tactical business plan
7. Draw reliable and timely financial and non-financial data and information together from a range of sources and provide thorough analysis, insights and options to enable the Management Team make sound business decisions. Provide input to MD and LTs on areas to be address monthly.
8. Contribute broadly to strategic and operational priorities, discussions and decisions and drive collaboration and sharing of best practice.
9. Ensure alignment of organizational performance metrics and discipline in strategy implementation, to ensure they build on each other.




MD’s Office Management

10. Support the MD with strategy presentations; design and deliver ad hoc performance reports on the key drivers of value in the organization
11. Strategy assistant to the MD; acts as source of industry benchmarks and relevant data for business analytics and provide regular input to MD and LT on areas to address periodically.

Project Management
12. Centrally coordinate transformation projects including new initiatives that align with the overall purpose.
13. Manage all ad hoc strategic projects.
14. Conduct post-investment reviews of major business initiatives, projects and investments.
15. Work together with members of the Sales, Marketing and Supply and Logistics teams, undertake thorough strategic and tactical commercial analysis of business opportunities and threats.
Business Process Optimization

16. Steer the process of analyzing, redesigning and improving business processes, in line with the company's Strategy/Vision, resulting in effective and efficient business processes for the Business.
17. Mine data for critical decision drivers and identified paths for future improvement towards growth, efficiency and profitability:
18. Initiation and implementation information technology tools to enhance business performance and provide excellent customers experience

Mentor • at Keystone bank Limited • Acreddited

• Nigeria
• My current job since February 2016

Reference



Olakitan Habeeb Olatomiwa Resume, 1 | Page

Olakitan Habeeb Olatomiwa Resume, 2 | Page

Academic INSTRUCTOR• at IVY LEAGUE ASSOCIATES •

• My current job since January 2015

Team Member, e-channels Control, Internal Control at Keystone Bank Limited

• Nigeria
• August 2013 to April 2017

 Review E-Channels/Products development review: (SLA & Documentation Review) includuing Participation in E- Banking products and Channels User Acceptance Testing (UAT), Review channel/product setup to ensure that maker-checker, limit controls etc. are in place, Ensure that SLA is executed and agreed terms between the Bank and the Vendor implemented before go-live, Review product paper to for adequacy and completeness.

 Pre-posting review of all E-banking related expenses for Correctness, reasonableness and timeliness before are processed

 Internet Banking review : Ensure that new Internet Banking User creations and modifications of existing users’ profile done by processors platform are in line with due approvals and customers' mandates. Agree the stock of physical token against the balances in the stock account

 Paydirect Collections : Match daily FIRS collections credited to FIRS collection account against FIRS remittances done on Paydirect platform and escalate instances of non-remittances of duplicated remittances, Verify the correctness and completeness of NCS remittances to CBN and ensure bank fees are taken, Escalate and follow-up with branches on the regularization of overdrawn Paydirect accounts. Review executed SLA with the various Paydirect scheme owners and ensures operation is as agreed. Send a daily spool of Paydirect schemes remittances to SMs and RICOs for review.
 Revenue assurance review on all the banks e-channels product

 Cards Review : Review international Cards (VisaCard & MasterCard) settlement. Carry out a count of Card Stocks at vendor locations and reconcile with Card Accounts balances, Carry out a count of Card Stocks at vendor locations and reconcile with Card Accounts balances. Reconcile VisaCard balances in T24 Visa credit Card accounts against the corresponding balances in Citrix and escalate exceptions for regulation, Review Postcard for accuracy of Account - Card linkages

 Used data analytics to evaluate the efficiency of the bank’s e-channels product and recommended actionable points.

 Contributed in the Revenue assurance review that led to income recovery during the last financial year.

Senior Consultant at Ahmed Zakari & Co. (Chartered Accountants)

• Nigeria
• March 2009 to July 2013

 Led a team to audit and redesigned the governance and internal control system of an oil and gas marketing company with turnover of over ₦ 17 billion.
 Engaged in the audit and preparation of interest and non-interest banks in Nigeria.
 Lead a team to provide assurance services on the operations and financials of a manufacturing company leading to it being listed on the Nigerian Stock Exchange and accessing ₦1.5 billion convertible bond from institutional investors.
 Engaged in back duty assessment, tax audit and restructured activities of the board of internal revenue, of a state government, increased its revenue by over 50%.
 Developed presentation slides and facilitated courses on International Financial Reporting Standards (IFRS) and effective presentation skills.
 Reviewed the operational process and engaged in the audit of one of the largest cement manufacturing company in west Africa, improving is efficiency and saving cost.
 Design and implementation of accounting system for clients

QUALIFIED TRAINEE at I.R AKINTOYE & CO. (CHARTERED ACCOUNTANT)

• Nigeria
• June 2008 to January 2009

• Financial projection, budgeting and business analysis
• Audit and preparation of financial statements
• Reviewing and performing tests to ensure correctness, existence and accuracy of Revenue, CAPEX, Accounts Receivables, Prepayments, Operating Expenses, Payroll Costs, Accruals and other liabilities
• Business advisory, corporate turnaround services and business process improvement
• Reporting accounting services
• Computation and filing of tax returns
• Design and implementation of accounting system for clients
• Facilitating and organising conferences and seminars
• Business process improvement
• Tax audit and back duty assessment.