1. AFOLAYAN, ADEBISI ADEWALE MBA, ACA (Plot 6, Block 27, Forthright Gardens,
Magboro)
E-mail Address: bisifolayan@yahoo.com ;
bisifolayan@gmail.com
Office:08099445550 Mobile:08022222350
Page 1 of 6
10, June
1976
Summary
 Successful at providing the vision and leadership of a high performance finance
organization (Accounts Payable, Regional Finance/Finance Support, General Ledger
and Fixed Asset) for a global Telecommunications company with over $1 billion in
annual revenues and over $2.5 billion invested capital
 Ten years’ experience with the last 5 years as Accounts Payable and Fixed Asset
manager.
 Have Lead a team of up to 13 members
 Expert at automating Financial systems/processes and Operational Excellence
initiatives, while enhancing performance, improving quality, reducing costs, and
generating sustainable EBITDA.
 Combines strategic/tactical financial expertise with strong qualifications in Financial
Accounting and general management
 Skilled at negotiating profitable contracts (Colocation, site build, outsourcing etc.),
project finance management and control
Core Skills
 Excellent Communication skills
 Ability to analyze and interpret data
 Ability to prioritize and organize effectively
 Knowledge of Accounting theory and procedures
 Proficient in the use of Microsoft Office tools (Excel, Word & Power Point)
 Financial Planning and Analysis
 Cash Management
 Capital Expenditure Analysis
 Operating Expenditure Analysis and Control
 Taxation (CITA, CGT, VAT, WHT & PAYE)

2. AFOLAYAN, ADEBISI ADEWALE MBA, ACA (Plot 6, Block 27, Forthright Gardens,
Magboro)
E-mail Address: bisifolayan@yahoo.com ;
bisifolayan@gmail.com
Office:08099445550 Mobile:08022222350
Page 2 of 6
 Sound understanding of the operations Financial systems (Oracle, Sage)
 Understanding of International Financial Reporting Standard
 Supplier Relationship Management
 Ability to supervise and motivate others
EDUCATION, TRAINING AND CERTIFICATIONS
Master of Business Administration (Finance) 2014
Obafemi Awolowo University, Ile-Ife
Associate Member, Institute of Chartered Accountants of Nigeria - May
2006
Bachelor’s Degree in Management and Accounting; Second Class Upper Division 2002
Obafemi Awolowo University, Ile-Ife
Euro money IFRS Training 2012
PWC Tax Academy
2012; 2013
Leadership Training
2012; 2013
PROFESSIONAL EXPERIENCE
Emerging Markets Telecommunications Services – Etisalat (2008 to Present)
Emerging Markets Telecommunication Services (EMTS), trading as Etisalat, is a Nigerian
company duly incorporated under the laws of Nigeria. It acquired the Unified Access License
from the Federal Government in January 2007. The license includes a mobile license and
spectrum in the GSM 1800 and 900 MHz bands
Manager, Fixed Asset (2013 to date)

3. AFOLAYAN, ADEBISI ADEWALE MBA, ACA (Plot 6, Block 27, Forthright Gardens,
Magboro)
E-mail Address: bisifolayan@yahoo.com ;
bisifolayan@gmail.com
Office:08099445550 Mobile:08022222350
Page 3 of 6
Key Responsibilities and Accountabilities:
 Reporting all financial and administrative functions of the company’s over $1.6b Non-
Current Assets
 Policy formulation and continuous process review to ensure compliance with IFRS
and Nigerian regulations
 Evaluates current processes and procedures and identifies areas needing
improvement
 Asset capitalization, depreciation, Impairment, Retirement Obligation Provision
(decommissioning)
 Preparation of monthly CAPEX report and variance analysis
 Provide input into CAPEX budget by tracking various projects to ensure that the
carryover numbers are accurate
 Project accounting and monitoring
 Contract Review and analysis
 Asset management (movement, tagging & disposal)
 Processing of Annual Capital Acceptance Certificate
Key Achievements:
 Revised the existing process by making changes that led to accurate monthly
capitalization, depreciation and asset tracking
 Member of Etisalat tower assets sale and leaseback transaction (Finance
Representative)
 Development and deployment of Asset Disposal and Management policy and
processes
 Member of the EMTS Technical Desk (Team responsible for providing professional
advice to finance management on the treatment of unusual transactions and IFRS
application
 Delivery of Fixed asset Account without audit Adjustment within the first six month
as Fixed Asset Manager

4. AFOLAYAN, ADEBISI ADEWALE MBA, ACA (Plot 6, Block 27, Forthright Gardens,
Magboro)
E-mail Address: bisifolayan@yahoo.com ;
bisifolayan@gmail.com
Office:08099445550 Mobile:08022222350
Page 4 of 6
 Have come up with a number of initiatives that has led to improvement of the
workings of the Fixed Asset module of oracle ERP
Manager, Accounts PayableGeneral Ledger (2009 - 2013)
Key Responsibilities and Accountabilities:
 Identify operational risks and standard financial controls on the Oracle ERP system
relating to Accounts Payable
 Manage an effective Customer (internal) and Supplier relationship management and
Coordinate the reconciliation of supplier sub ledgers
 Oversees the preparation and booking of monthly accruals and Prepayments
 Ensure all Operating expenditure are adequately recorded (monthly OPEX of between
$45 and $52 million) and paid as and when due
 Manage the implementation and continuous review of account payable process and
policy to ensure efficiency
 Preparation of quarterly expenditure cash flow forecast
 Review of the General Ledger to ensure completeness of bookings
 Preparation of monthly schedules to support the trial balance numbers
 Preparation of monthly OPEX spend analysis and variance analysis
 Provide information to management on which segment of expenditure needs to be
closely monitored ( this helped to reduce monthly diesel cost by $1.5m between
August & November 2013)
 Reconciliation of all vendors account to ensure all our liabilities are captured and
ensuring alignment with their numbers

5. AFOLAYAN, ADEBISI ADEWALE MBA, ACA (Plot 6, Block 27, Forthright Gardens,
Magboro)
E-mail Address: bisifolayan@yahoo.com ;
bisifolayan@gmail.com
Office:08099445550 Mobile:08022222350
Page 5 of 6
Key Achievements:
 Establishment of Policies, Processes and Procedures for the smooth running of the
Accounts Payable department, and continuous evaluation of the Policies, Processes &
Procedures to ensure that they achieve the desired result
 Worked with the Oracle Implementation team to set up Accounts Payable Module,
Cash Management Module and the General Ledger on Oracle financials
 Deployment of the Accounts payable Workflow System and Vendor Invoice
submission Interface on Oracle ERP
 Delivered OPEX section of the Financial Statement without audit adjustment for 3
consecutive years
Airtel Nigeria Limited (January 2004 to April 2008)
Airtel Nigeria Limited is the second largest GSM Operator in Nigeria.
Senior Accountant – Lagos Regional Finance (2007-2008)
Key Responsibilities and Accountabilities:
 Management of petty cash float
 Cash flow Management
 Weekly reconciliation of petty cash account and expenditure position
 Reconciliation and management of the Regional Bank account
 Co-ordinate asset management and perform financial analysis
 Preparation of Monthly OPEX (network and non-network) variance analysis and
report
 Preparation of month end accruals
 Review of GL accounts to ensure correctness, completeness and Liaise with the head
office finance team to ensure that identified errors are corrected
 Preparation of monthly variance analysis with comments and monthly regional OPEX
report

6. AFOLAYAN, ADEBISI ADEWALE MBA, ACA (Plot 6, Block 27, Forthright Gardens,
Magboro)
E-mail Address: bisifolayan@yahoo.com ;
bisifolayan@gmail.com
Office:08099445550 Mobile:08022222350
Page 6 of 6
 Management & Preparation of OPEX Budget
 Provide input into Network Operations OPEX and CAPEX contracts
Key Achievements:
 Review points noted on policies and control procedures which was used as input to
the updated policies and control procedure for OPEX
 Set up of the budgetary control system and procedure in Lagos Region
Early position held at Etisalat: Specialist Account Payables - Network Projects &
Operations (2008-2009)
Early position held at Airtel: Assistant Accountant (2003-2007)