AIMA ESHIET

Work History

Group Chief Finance Officer

Summit Healthcare Hospital Limited

02.2020 - 11.2021

Reviewed and provided financial assurance to the Board on the sustainability of the Optical, Pharmaceuticals and Hospital Businesses within the Group, highlighting key business control weaknesses and recommendations for strengthening individual Businesses, optimizing inventory management and improving asset utilization to increase revenues and profitability.
Designed Corporate Group Finance KPI Dashboard for monitoring, evaluating and tracking and communicating operational achievements within the Group, with insights on trends and outlook for the weeks ahead.
Resolved deadlock on 2012 – 2018 Tax Audit and negotiated reduced backlog tax obligation and realistic payment plan for Summit Healthcare Hospital Limited.
Revived and streamlined a failed SAGE Implementation Project, by articulating actual status of pending project deliverables, agreeing timelines for task completion, ensuring responsibilities are correctly allocated, while managing Stakeholders and Board expectations, including contingency/alternative plan for ensure timely project closeout.
Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
Conducted detailed analysis of company financial information and oversaw preparation of related reports.
Analyzed operational performance and efficiency to identify and implement cost reduction initiatives and process improvements.
Oversaw deployment of strategic business plans to accomplish accounting, compliance and revenue targets.
Analyzed operational issues cash payment/ holding policies and implemented corrective action plans to improve profitability and efficiency.
Worked closely with audit team to prepare accounts and documentation as well as conduct audits according to all regulatory requirements.
Devised strategies for monitoring returns on business assets and reporting on financial metrics.
Spearheaded $1m loan application and negotiation to finance Lekki Hospital Construction Project.
Validated year-end fixed asset schedule for inclusion in Comprehensive Annual Financial Report and monthly financial reports for board meeting.

Chief Finance Officer

Folio Holdings Limited (FHL)

03.2019 - 11.2019

Delivered on the evaluation, redesign and documentation of Group Finance Policies and Process Manual and secured Board approval to commence implementation and rolled-out to subsidiary companies, all within 90-days.
Led and completed the "first ever" FHL Group Business Plan collation and review process for the 2020 financial year. Provided support to Management to ensure achievement of agreed budgeted profit & cash flow projections.
Designed and executed plan for preparation of financial records for 2018 & 2019 on basis of incomplete records and company banking transactions.
Redesigned employee payroll and provided Board of Directors with preliminary estimate of unpaid back duty payroll taxes for 2019.
Managed Group Shared Services Function including Finance, Human Resources, Information and Communication Technology.
Managed FHL's cash flow and Investment Plan. Provided oversight and direction for operation of and management of personnel in Folio Investment Trading & Contracting Company Limited (the investment arm of FHL Group).
Prepared accurate financial statements at end of quarter.

Chief Finance Officer

PharmaDeko PLC

03.2017 - 09.2017

Rescued the company from risk of liquidation that would have arisen from inability to meet future debt repayment obligations following recommendation made to the Board to discontinue a bottling line installation project. Analysis of financial and production records confirm the projects negative profitability and cashflow largely due to insufficient production capacity/volumes, even after the installing new line.
Designed the product costing and profitability template to ensure objective evaluation and reporting of business cost of Distributor's discounts across varied pricing scenarios on product and company wide profitability.
Provided timely and accurate analysis of budget performance reports, financial trends and forecasts; to ensure transparency and accountability of Strategic Business Units (Consumer Products & Pharmaceuticals).
Ensured that internal & reporting controls in place were reliable and effective to facilitate compliance with International Financial Reporting Standards (IFRS) and other applicable regulatory laws and rules for financial and tax reporting.
Developed a reliable cash flow projection template and process to monitor minimum cash threshold required to meet operational needs.
Advised Executive Management on financial & contractual risks (if any) on all PharmaDeko contracts.
Directly managed Unit Heads and the daily execution of tasks and deliverables for 6 reporting units (Accounts Receivables, Accounts Payable, Bank Operations, Reporting & Controls, Internal Audit and Information Technology).
Reviewed and approved monthly financial statements and quarterly NSE & SEC financial reporting packages, and other informational reports/analysis as may be required, prior to publication.
Worked closely with audit team to prepare accounts and documentation as well as conduct audits according to all regulatory requirements.
Reviewed and approved all proposed discounts in customers sales agreements to minimize erosion of revenue due to excessive discounts.
Initiated capital-raising strategies to support PharmaDeko's factory expansion project.

Head of Finance

Phillips Consulting Limited

04.2016 - 04.2017

Designed Corporate Finance Dashboard and communicated weekly KPI summaries to CEO on Liquidity, Profitability and overall firm utilization and efficiency.
Designed and implemented a budgetary and commitment control process to ensure budgetary discipline and minimize incidence of expenditure without approved budget.
Designed monthly cash forecasting tool to align cash requirements with receivables and investments liquidation to ensure availability of funds to meet operational needs.
Coordinated all financial & tax audits/queries and ensured compliance with regulatory requirement.
Led the review of changes to the Firm's pricing policy showcasing required changes scale rates, threshold for fee discounts to allow for recovery of allocated Corporate Overheads by Divisions.
Validated Tax Consultant's annual tax Computations and cumulative Tax Liability and successfully negotiated 3 year repayment plan.
Analyzed monthly financial statements against budget forecasts to prepare high-level variance analysis.
Increased revenue by assisting the Learning Practice with training delivery and marketing efforts.
Established and enforced controls on revenue and expenses to protect company assets.
Assisted Human Resource Unit with interviewing and hiring new employees for department and clients.

Head Finance & Operations

Estrella Comida Services Limited

01.2013 - 03.2016

Secured annual License To Operate by administration and submission of Quality Assurance checklist and report in compliance regulatory safety standards (issued by National Agency for Food and Drugs Administration and Control, State Ministry of Health & Local Government).
Managed day-to-day operations with a 15 man team of finance department and production department staff.
Analyzed product quality performance indicators to identify market trends and initiate improvements.
Quarterly reviews of Estrella's product prices and pricing strategy to ensure competitiveness and guarantee customers' value for money
Reviewed and approved market penetration and expansion strategies to increase market share.
Ensured effectiveness of and compliance with the financial processes and controls.
Led and managed the annual planning and budgeting cycle.
Review financial reports and ensured integrity and reliability of the financial records
Prepare monthly cashflow forecasts and monitored spend ensuring alignment with forecast.
Coordinated quarterly review of business performance and made recommendations to improve profitability.

Senior Financial Analyst

Shell Nigeria Gas Limited

07.2008 - 11.2012

Prepared budgets and planning forecasts for West African Gas Pipeline (WAGP) Project & Shell Nigeria Gas (SNG); complete with scenario planning for project cash flow and profit sensitivities, for submission to Shell Group HQ.
Completed monthly and on-time, Management Information Reports, Shell Group Financial Returns to support the monitoring and continued funding of the SNG & WAGP Project.
Managed SNG's Risk Matrix for quarterly review with Company Leadership. Notified Leadership of adverse changes in risk ratings, monitored and reported on implementation status of required of corrective action(s).
Executed Group & Statutory Compliance Activities including filing of SNG's Audited Financial Statements and Tax Returns
Reviewed, validated and remitted monthly all State Taxes, i.e. withholding taxes, employee Payroll Taxes and Value Added Tax.
Actively enforced budgetary control and discipline across SNG by monitoring operating expense against approved commitments and detailed expenditure review with justification during Tender Board and performance review meetings.
Overhead Budget Owner responsible for managing overhead costs and contributing to the redefinition of SNG's medium to long term business model, growth strategy and key focus areas, resulting in profitability of SNG after losses recorded in preceding 3 years
Process Owner/ Lead for co-coordinating SNG's Quarterly Business Review meetings with SNG Executive Leadership Team.

Summary

Overview

Work History

Group Chief Finance Officer

Chief Finance Officer

Chief Finance Officer

Head of Finance

Head Finance & Operations

Senior Financial Analyst

Education

Executive Master (MBA) - Business Administration

Bachelor of Science - Microbiology

Skills

Websites

Certification

Languages

Work Availability

Timeline

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