My Bio
Shola hold a bachelor Degree in Finance and He is a member of Institute of Chartered Accountant of Nigeria (ICAN). He is a certified international financial reporting specialist (CIFRS) from International Academy of Business and Financial management London. Shola is an Associate member of the Institute of cost and Management Accountants (ACMA).
My Expertise
Prior to joining Segun Aremu & Co, Shola was the Finance Director at Maries stopes Nigeria for six years.
Prior to joining Maries stopes, Shola was the Finance Controller at ARM Pension Manager, a foremost pension company in Nigeria
Shola was a Senior Consultant with KPMG Audit. While in KPMG, he led various teams on external audit and consultancy services. Shola lead the team that implemented the accounting and fixed assets system of NNPC, ARM and lead various audit assignment within and outside the country. Some of the audit assignments include CBN, petroleum subsidy audit, PENCOM and NNPC to mention just a few. He was involved in Sarbanes Oxley (SOX) compliance review which involved detailed documentation of the clients’ key business cycles, identification of key internal controls over revenue, receivables, human resources and payroll processes and testing of these controls for adequacy and effectiveness in line with the SOX act and established control framework as well as proffering recommendations to address control lapses identified and implementation of corrective action plans.
He led Special Investigations and contract compliance reviews which involved identifying revenue leakages and process improvement opportunities for clients including the Federal Ministry of Finance.
He was an indispensable team member in the process review of the Internally Generated Revenue (IGR) for major governmental organisations. These assignments involved reviewing the processes and procedures for computing, determining and remitting operating surpluses and other items of internally generated revenue.
He has also been involved in several corporate governance engagements that involved appraising the board and performing an individual director’s peer evaluation for banks in Nigeria. The engagements involved ascertaining the level of compliance with corporate governance regulatory requirements (CBN and SEC) as well as leading practices (such as the UK Combined Code and King III report).