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PERSONAL DATA
Date of Birth 25th May1979
Nationality Nigerian
State of Origin Lagos
Phone No +2348024688224, +2349031525168
Email sadudeen18@gmail.com
Contact Address 4, Olaboye Olaleye Street, Iwaya Road, Yaba, Lagos. Nigeria.
Home Address 4, Olaboye Olaleye Street, Iwaya Road, Yaba, Lagos. Nigeria.
PROFESSIONAL PROFILE
Ibrahim is a consummate finance executive with track record of continuous
improvement and value creation. He combines strategic vision with executive focus to
achieve set objectives. With over 10+ years hands on experience in financial control,
financial management, internal control and risk management, and strong organization
and team building skills. I have extensive knowledge in the preparation and
implementation of International Financial Reporting Standards (IFRS), and all aspects of
accounting principles.
Areas of expertise include:
 Corporate and financial reporting
 Financial planning and analysis
 Management Reporting and general ledger review
 Internal & external audit engagements
 Strategic planning, implementation and forecasting
 Cost optimization and cash flow management
 Risk management and control
 CAPEX and Asset Management
 IFRS implementation and conversion
 Financial systems implementation
 Budgeting and budgetary control
 Regulatory relations, taxation and compliance
KEY ACHIEVEMENTS
 Responsible for the preparation of audited statutory and consolidated financial
statements of the Bank and the group in line with International Financial
Reporting Standards (IFRS), and regulatory requirements.
 Responsible and actively involved in the implementation of new accounting and
reporting standards under IFRS for group consolidated reporting.
 Project Manager for IFRS software implementation (FINTRAK and FINARCH) for
bank and its subsidiaries.

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 Actively involved and team lead of Finance team on due diligence in the
acquisition of foreign subsidiaries in Democratic Republic of Congo (DRC),
Ghana, Guinea, Gambia, Sierra Leone and Senegal.
 Responsible for the preparation of the prospectus for the Bank’s Euro Bonds listings
on the Irish stock Exchange for $300m in 2013 and additional listings of $450m in
2014 (works in conjunction with Treasury Department).
 Responsible for designing a new reporting template for the Bank and Group’s
reporting framework in line with IFRS,saving the Bank approximately N30 million
yearly.
 Project Manager, Oracle GL Enterprise Project, which seeks to automate the
financial reporting and consolidation template of the Bank and its subsidiaries
from trial balance level.
 Project Member, Basel 2 and 3 implementation on the development and
maintenance of capital adequacy and capital management framework, which
seeks to governs the Bank’s process for determining and maintaining the quantity
and quality of capital necessary to meet its current and future capital
requiremnts,and in line with Central Bank’s guidelines.
 Responsible for identification and valuation of identifiable tangible and intangible
assets of the acquired subsidiaries in line with IFRS 3R.
 Championed the automation of First Bank’s inventory management system in line
with International best practices.
 Championing several changes in bank’s processes and systems to comply and
be compatible with the IFRS software solution.
 Key partner in annual budgeting process and budgetary control.
 Develop a dynamic cash flow projections process and reporting template that
enable the Bank to monitor its liquidity ratio in line with Central Bank of Nigeria
(CBN)
 Team Member, Information Systems Control Management Committee – this
committee provides framework and advises management on the control and
safeguards to be established for information assets, system architecture, and
information management.
 Champion, Business Continuity Management Committee – this committee
provides framework for the immediate, timely and effective response to disruptive
incidents that would affect the critical activities and processes of the Bank.

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WORK EXPERIENCE
Jan 2015 – Till date: First Bank of Nigeria Limited
Manager, CAPEX Management, Budget Control and Cost Management
Financial Control Department
 Responsible for the preparation and presentation of analysis, commentary and
presentation of material for return on capital expenditures for the Bank.
 Analyzes a variety of financial information (e.g. revenues, expenditures, cash
management, cost projections, etc.) for the purpose of providing direction and
support, making recommendations, maximizing use of funds, and/or ensuring
overall operations are within budget
 Provide analysis, forecasting and monitoring of capital expenditures in support of
the Chief Financial Officer.
 Responsible for financial and annual planning and budgeting, forecasting and
analysis for the capital expenditures across the Bank.
 Develop and maintain a reporting and analysis of key performance
measurements for the company’s CAPEX and working capital. Produce monthly
projections against forecast, plan and prior periods, as well as, drill down analysis,
projections, interpretation and commentary of management reports and actual
results. Interact with other managers to provide consultative support to planning
initiatives through financial and management information analyses, reports, and
recommendation
 Coordinates annual budget formulation and assists in preparation of the annual
budget.
 Creating annual budgets. Establish operating forecasts and plans, including
appropriate contingency planning.
 Coordinates Monthly Expenditure Plan and Monthly Program Plan preparation,
including required policies, procedures, formats and schedules.
 Reviews, analyzes, and reports major strategic resource and revenue functions
budgets, expenditures and variances. Controls approved financial plans and
budgets.
 Develops adequate policies, procedures and processes for the Cost Control
function to maintain efficient operational excellence.
 Ensures communicating with all strategic resource and revenue functions during
the preparation of the detailed budget.
 Preparing cost trending & forecasting analysis for project costs, communicating
these to all related parties, highlighting concerns and needs, recommending
necessary measures, actions and methods.
 Monitors regularly, the detailed actual expenditures to ensure full adherence to
work plans within agreed budget and resources.

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 Develop a cash flow model for long term planning analyses.
Sept 2012 – Jan 2015: First Bank of Nigeria Limited.
Team Lead, Financial & Technical Reporting
Financial Control Department
 Ensuring compliance with Group policies, relevant legislation, IFRS, and other best
accounting practices.
 Preparation of periodic consolidated reports -quarterly, half-year and year-end
financials, and audited financial statements of the Bank and group.
 Provide technical financial guidance and regular updates on changes to
International Financial Reporting Standards.
 Liaise with regulators and other stakeholders on technical accounting matters.
 Liaise with financial consultants and local/international rating agencies, in
collaboration with Investor Relations Unit.
 Analyse performance of subsidiaries and obtain explanations for adverse
variances and exceptional performance.
 Present quarterly competitive benchmark of First Bank Group with industry peers.
 Liaise with FINCON units of the bank’s subsidiaries to ensure standardization and
compliance to Group Accounting Policies and consolidation of Group accounts.
 Perform on-going analysis and improvement of the Group reporting procedures.
 Contribute towards the on-going process improvement and system
development.
 Manage the preparation of comprehensive Group statutory reporting instruction.
 Ensure on-going pertinence of the Group’s Accounting, Expenses and policies.
 Ensure full IFRS compliance by all subsidiaries.
 Ensuring compliance with Group policies, relevant legislation, IFRS, and other best
accounting practices.
 Manage the review of statutory accounts for all individual subsidiaries; liaise with
the Group Auditors to ensure they receive appropriate information to perform
their audit.
 Response to investor relations questionnaires & enquiries.

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January 2009 – August 2012: First Bank of Nigeria Plc
Senior Analyst, Financial Planning and Analysis
Financial Control Department
 Defines financial situation by completing quantitative analyses.
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 Evaluates optional plans by identifying outcomes and potential returns.
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 Values assets by appraising current condition; assessing potential.

 Recommends debt structures by analyzing refinancing options.

 Builds financial database by identifying sources of information; assembling,
verifying, and backing up data.

 Recommends financial actions by assessing options in relation to organization
goals.

 Prepares financial reports by collecting, formatting, analyzing, and explaining
information.

 Protects operations by keeping financial information confidential.

 Maintains technical knowledge by attending educational workshops; reviewing
publications.

 Contributes to team effort by accomplishing related results as needed.

 Engage effectively with stakeholders at every level to understand system
requirements and drive implementation of key financial and Bank’s systems.

 Support the finance team with the ongoing operation and development of
accounting system and the production of key financial reports.

 Integrate key business and financial information into a database conducive to
support management reporting.

 Provide system support to key users and ensure data integrity on all financial
systems used.

 Plan and coordinate accounting/planning system implementation and
upgrades.

 Ensure financial system and business processes are adequately documented.

 Assess the operational risks and recommend enhancement to improve the
efficiency, effectiveness and corporate governance of the business and financial
systems.
 Work with key business process owners to ensure proper documentation of key
financial processes and procedures in line with IFRS requirement.

 Drive projects from finance perspectives with an eye towards a scalable and
sustainable data infrastructure.
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 Facilitate integration or distribution of financial and booking data with other
systems where necessary, such as web analytics platforms and analysis tools.
October 2006 – January 2009: First Bank of Nigeria Plc
IS Auditor/Internal Control Officer
Internal Audit/Internal Control Department
 Ensure strict compliance with the independent control proof chart for auditors &
control officers.
 Prompt identification and resolution of operational lapses and reconciliation issues.
 Prevent and/or detect operational/fraud/business losses.
 Ensure the integrity of financial and non- financial records and application systems in
the branch/branches.
 Ensure pre-disbursement verification of credit documentation.
 Implement sound independent control policies and standards covering all sources of
risks [financial and non-financial].
 Performance of specific risk- based independent control functions.
 Ensure policy and regulatory compliance.
 Provide control counseling, advisory and decision support service including
performance management to the branch manager and unit heads.
 Enforce compliance with the Bank’s KYC and KYC [B] policy for branch transactions.
 Maintain an efficient working relationship with the branch staff and local CBN officials
in order to proactively resolve operational lapses and overdue open items on
accounts.
 Ensure compliance with key controls inherent in new policy and products of the
bank.
 Ensure integrity of branches and head office department trial balance and returns.
 Manage other assets in the branches/head office departments for optimum portfolio
balance and zero prudential provision.
 Enforce the bank’s revenue assurance and cost management strategies for
branches /head office departments.
 Enforce GL proofing process in the branches/head office departments and ensure
zero provision on other assets.
 Escalate unusual incident in the branches/departments to Chief Internal Auditor.
 Ensure strict compliance with Bank’s 6 pillars of zero tolerance: i Zero tolerance for
regulatory infraction; I. Zero tolerance for policy infraction;iii.Zero tolerance for
prudential provision on other aseets;iv.Zero tolerance for income leakage;v.Zero
tolerance for fraud and other operational losses;vi.Zero tolerance for poor service
delivery.

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PROFESSIONAL QUALIFICATIONS
2004 Associate Chartered Accountant [ACA]
Institute of Chartered Accountants of Nigeria
2012 Certified Information System Auditor (CISA)
Information System Audit and Control Association
2013 Association of Chartered Certified Accountants (ACCA, UK)
2013 Chartered Institute of Management Accountants (CIMA, UK)
Advanced Diploma in Management Accounting
EDUCATIONAL QUALIFICATIONS
2014-2016 Master of Business Administration (Specialism in Finance) –In view
Edinburgh Business School
Heriot-Watt University
1998 – 2003 B.Sc. Sociology
University of Lagos
1988– 1993 Senior Secondary School Certificate
Ebute Elefun High School, Lagos.
KEY ATTRIBUTES
 Good communication and interpersonal skills
 Strong leadership skills
 Excellent working relationship and work ethic
 Good technology and analytical skills
 Well organized and precise
 Good negotiation skills
 Decisive and strong-minded
 Initiative and enterprising
COURSES/TRANINGS ATTENDED
 IFRS Specialist Training
 Tax implications of IFRS
 Financial Analysis & Modeling using Excel
 Operational risk management
 Interpersonal Skills And Relationship
 Leadership Skills
 Strategic Thinking
 Exceptional Customer Care
 Credit Risk Management (module 1&2)
 Six Sigma Green Belt
 Corporate Reporting Writing and Data Presentation

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REFERENCES
To be provided on request
INTERESTS
Football, reading, music, travelling & meeting people
LANGUAGES
English (fluent & professional eloquent), Yoruba (mother tongue), French (basic) and
Arabic (basic)