Regional General Manager
IPT Powertech Group
Total years of experience :16 years, 6 Months
In my current role, I am dedicated to maintaining the financial sustainability of the organizations I serve along with opening new markets and startups. My responsibilities encompass goal setting, strategy development, and implementation, as well as budget and financial resource management. I am providing strategic oversight for daily organizational operations, ensuring seamless processes and effective staff performance management.
IPI is an end-to-end (CAPEX & OPEX) telecom service provider that operates and maintains the power services of more than 6, 000 telecom sites across Nigeria. In addition, other ad-hoc power projects such as data centers, solar farms, and related product sales. The annual turnover of the business is around $80 Million, and the company has more than 1, 100 direct employees from various nationalities and cultural backgrounds.
• Fostered the day-to-day management of the company.
• Implemented short- & medium-term strategy to deliver the best service to our clients and sustain growth.
• Achieved a 30% growth in Revenues over three years.
• Lifted productivity and efficiency via leading the restructuring of departments and their related activities.
• Achieved OPEX reduction without side impact on the business and the quality of deliverables.
• Optimized CAPEX spending and its related supply chain strategy.
• Periodic monitoring of the operational and financial performance of projects.
• Championed the proper implementation of corporate governance and the related policies and procedures.
Establishing the Internal Audit Department in IPT PowerTech Group, which has operations in 11 different countries.
- Established the internal audit function across the group.
- Assessed the business cycles and the internal controls structure between Head Quarters and Opco’s and across each layer on departmental level.
- Led the re-writing of the operational policies and procedures and workflows.
- Drove a risk-based audit plan based on strategic alignment with the board of directors.
- Oversaw financial audits across the group
- Conducting operational audit assignments
- Ran special audit assignments (Frauds, technical audits, special sourcing assignments for procurement…)
- Planned annual risk-based audit plan from financial to operational and special audit assignments.
- Conducted risk assessments and recommended controls to mitigate the identified risks.
- Conducted analyses and conclusions on effectiveness and efficiency of control environment.
- Presented quarterly executive summary to the Audit Committee and the Board of Directors.
- Coached the audit teams from distributing assignments to leading the performance milestones and until finalizing files and reporting.
- Presented periodic performance reports on assignments and team members.
- Ensured issuance of high-quality deliverables in accordance with (IIA) and that adds value to the business.
- Completed a full business audit from initial meeting to final reporting and presentation to management.
- Identified and communicated applicable recommendations that were feasible and relevant to the business.
- Obtained evidence prior to issuing audit opinions and recommendations.
- Ensured audit conclusions are based on a complete understanding of the process, circumstances, and risk.
- Audited the financial statements based on materiality and platform of internal controls
- Developed audit programs and testing procedures relevant to business risks.
- Applied external audits to get assurance over the client’s financial reports and its compliance with (IFRS).
- Implemented alternative procedures as substantive / analytical procedures and reported results as per (IAS).
- Summarized operations / documentations of cycles and assessed structures of internal controls and risks.
- Conducted audit exercises on internal controls and highlighted structural weaknesses to line manager.
- Audited loan loss reviews, credit risks reports, estimated provisions and write offs taken by clients.
GPA: 3.4 Award: Honor list
GRADUATED WITH HONORS GPA: 3.3