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Lateef Kaffo

Results-Driven Chartered Accountant, Financial Strategy, Risk Management, Business Growth

About Me

Chartered Accountant with over three decades of experience driving financial and management excellence in diverse sectors. Proven track record of delivering actionable insights, optimizing financial performance, and fostering business growth. Skilled in financial reporting, risk management, and stakeholder collaboration. Ever ready to add value and elevate the finance function

Jurisdiction

Canada

Notable Employer

  • General Manager/ Director of Operations at Beaufortbet Nigeria Limited (1XBET), Lagos Nigeria.
  • Finance Manager/Director at Technixs Oilfield Support Limited Lagos Nigeria
  • Audit Senior at Crowe Dafinone, (International firm of chartered accountants) Lagos Nigeria

Experience

Seniority LevelDirector
Years of Experience20+ years
Current StatusActive
Senior AccountantDayog & Associates,Calgary Canada.
2025 - Present

Maintain and reconcile general ledger accounts for clients. Prepare and analyze financial statements and reports. Assist with month-end and year-end closing procedures for group of clients. Formulate policies and procedures for compliance with regulatory requirements. Perform variance analysis and assist in budgeting and forecasting processes. Support audits by providing necessary documentation and explanations. Identify and implement process improvements for efficiency and accuracy. Management of budget implementations and ensure compliance to policies

General Manager/ Director of OperationsNotableBeaufortbet Nigeria Limited (1XBET), Lagos Nigeria.
2016 - 2025

Managed budget implementations, employee reviews, training, schedules, and contract negotiations. Managed a diverse team of professionals, fostering a positive work environment and high employee satisfaction. Developed and implemented strategies to increase sales and profitability. Cultivated strong relationships with clients, vendors, and partners to ensure long-term success and loyalty.

Finance Manager/DirectorNotableTechnixs Oilfield Support Limited Lagos Nigeria
2012 - 2015

Provided leadership for the Finance team in the preparation of the quarterly and annual financial statements under IFRS and in compliance with the Nigerian filling and regulatory requirements with submissions surpassing the annual deadlines of the Nigeria filling and regulatory bodies. Responsible for month-end processes, including preparation of journal entries and schedules such as ARO, DD&A, G&A allocation and monthly operating expense accruals as well as account coding. Performed periodic variance analysis of accounting results and investigate differences for management use. Provided timely monthly management accounts and results for senior management use. This was a sharp departure from the culture before my assumption of role. This led to my being appointed as an officer of the Board Attended Board meetings as an officer of the Board and provided professional advice for strategic management decisions while I also conducted technical accounting analysis as required, including researching accounting standards and regulatory updates. One of my advices led to the segmentation of operation with a well service unit of the company created leading to over $5m increase in revenue Conducted peer analysis, and prepared memos. Provided mentorship and support to junior team members. I was providing in-house training and examination questions review for finance team members pursuing certification in accounting. Before my resignation, 3 of the company’s finance team wrote and passed the Institute of Chartered Accountants of Nigeria professional examinations and were inducted Team lead for implementing key recommendations in external auditors’ management letter relying on same and my professional experience and training to Identified and implemented process improvements for financial reporting, accounting processes, and controls to enhance accuracy, efficiency, and compliance. This singular efforts earned our company the Nigeria --- award as our financial statement was adjudged to be transparent and providing detail information Provided leadership in the Preparation, coordination, and review completion of account reconciliations. Of note, was the recovery of over $200,000 in over charges by the banks Led the Finance team as required, with the preparation of the company’s annual budget, forecast, financial planning and analysis Collaborated with external auditors during audits. Provided needed schedules and ensure early and timely

Bank ManagerAccess / Intercontinental Bank Lagos Nigeria
1999 - 2012

Increased customer satisfaction by implementing efficient banking processes and providing exceptional services Coached and mentored staff to improve job performance, resulting in higher productivity and employee retention. Built strong relationships with local businesses, fostering partnerships that benefited both parties Managed banking operations for smooth daily transactions, ensuring accuracy and compliance with regulations

Audit SeniorNotableCrowe Dafinone, (International firm of chartered accountants) Lagos Nigeria
1992 - 1999

Developed strong professional relationships with clients, addressing concerns promptly and providing timely updates on progress throughout the engagement process. Assisted in the preparation of audit reports, presenting findings clearly and concisely to management for review. Conducted walkthroughs of various business processes, gaining an in-dept understanding of operations while identifying potential control weaknesses. Strengthened internal controls by evaluating the effectiveness of existing policies and recommending improvements where necessary.

Skills

Core skills0
Languages1

Languages

English