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Olufemi Jaiyesimi & Co. (Chartered Accountants) Firm Profile www.ojcconsulting.com

Olufemi Jaiyesimi & Co. Firm Profile

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Page 1: Olufemi Jaiyesimi & Co. Firm Profile

Olufemi Jaiyesimi & Co. (Chartered Accountants)

Firm Profile

www.ojcconsulting.com

Page 2: Olufemi Jaiyesimi & Co. Firm Profile

2

Table of Content

Who we are 3

Value Proposition 4

Management Team 5

Services we render 10

OJC’s industry groups 14

OJC’s Clients 15

Contact us 16

Page 3: Olufemi Jaiyesimi & Co. Firm Profile

3

Who we are

Olufemi Jaiyesimi and Co (OJC) is renowned for having provided Audit,

Tax and Advisory services to varying levels of clientele ranging from small,

medium and large enterprises to government parastatals whilst delivering

top notch services, adding value, responding to opportunities and

challenges so as to improve our clients overall per-

The firm was registered in August 1999 and commenced

business activities on 1st March 2000 and has since been

building up its client base in all the sectors of the economy.

The firm is a member of Affilica International, Affilica

Worldwide and also maintains cordial relationships with

other audit and accountancy firms in the country.

S

taff S

treng

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Page 4: Olufemi Jaiyesimi & Co. Firm Profile

4

Value Proposition

OJC has as its primary objective a focus to provide intelligent,

cutting edge and practical advice to all our clients thereby,

enabling them achieve their full potential amidst the challenges of

an ever-changing, dynamic business and economic environment.

We pride ourselves in building a healthy working relationship and

social networks with clients and colleagues. Our firm provides a

family friendly stimulating and rewarding work environment.

We task ourselves to add value to the community.

We have the perfect combination of skills, integrity

and professional competence that ensures that

our clients remain relevant and profitable in the

dynamic terrain of the 21st Century.

• We pride ourselves on the quality and

experience of our personnel.

• Our in-depth knowledge of various industries

sets us apart from the rest

• We also provide value added deliverables.

Page 5: Olufemi Jaiyesimi & Co. Firm Profile

5

Management Team

Olufemi Adebayo JAIYESIMI

Managing partner

Mr. ‘Femi Jaiyesimi, is the managing partner

and Chief Executive of the Firm and has over

30 years of professional experience providing

Financial Statement audit, other Audit-related

services, advisory services and taxation

services. His experience cuts across diverse

industries and sectors of the economy

including the public domain.

He had his MBA in Financial Management

from Lagos State University Ojo. He was trained

in Babatunde Olayinka and Co., Chartered

Accountants, in Nigeria and qualified as a

Chartered Accountant in 1988. He joined

Messrs. Ayorinde Thomas and Co. in 1989

and became a partner in the Firm in 1992

before he resigned to found Olufemi

Jaiyesimi and Co. in March 2000

He has been involved directly in the audit of

the accounts of very large, medium and small

Companies both in Nigeria and in the

Democratic Republic De Congo (DRC).

He is a member of:

Fellow of the Institute of Chartered

Accountants of Nigeria (ICAN)

Fellow of the Chartered Institute of Taxation

of Nigeria (CITN)

Member Institute of Public Accountants

(IPAC)

Associate Member Institute of Financial

Accountants of Australia

Member Institute of Directors Nigeria

Over 30 years professional practicing

experience

Page 6: Olufemi Jaiyesimi & Co. Firm Profile

6

Management Team

Ijeoma BEKEH

Associate Partner– Audit & Assurance

Ijeoma is the Associate Partner in charge of

audit and assurance department and has over

10 years of professional Experience in financial

statement audit and other Audit-related

services.

She has experience in providing International

Financial Reporting Standards (IFRS), audit and

financial advisory services as well as due

diligence. She has also been involved in the

conversion of financial statements to IFRS.

Ijeoma has spent some years in providing Audit

and Assurance, Tax and financial services to

various organizations in the capacity of Audit/

Tax Manager in Olufemi Jaiyesimi & Co. She

had been involved directly in the audit of the

accounts of very large, medium and small

Organisations in Nigeria.

She is a member of:

Associate of the Institute of Chartered

Accountants of Nigeria (ICAN)

Associate of the Chartered Institute of

Taxation of Nigeria (CITN)

Page 7: Olufemi Jaiyesimi & Co. Firm Profile

7

Management Team

Wasiu Adebayo FASHOLA

Associate Partner– Tax & other Regulatory Services

Bayo is the Associate Partner in charge of Tax

and Regulatory Service department and has

garnered over 12 years of professional

experience in the provision of audit and audit

related assignments and working to provide tax

advisory and compliance services to our clients

in varied industries.

He has led several strategic tax services

covering international tax, business tax,

employment tax, transfer pricing, transaction

tax, tax dispute resolution, tax strategy and

structuring in Nigeria

Prior to joining OJC, he has worked in two other

Audit firms for more than three years.

He currently lectures both ICAN and CITN

students preparing for professional examination

in international tax, advanced taxation, audit &

assurance. He holds a first degree at Lagos

State University, Ojo, Lagos.

He is a member of:

Associate of the Institute of Chartered

Accountants of Nigeria. (ICAN)

Associate of the Chartered Institute of

Taxation of Nigeria (CITN)

Associate of the Chartered Institute of

Public Finance and Accountancy (CIPFA)

Page 8: Olufemi Jaiyesimi & Co. Firm Profile

8

Management Team

Ayoola ADEYEMI

Audit Manager

Ayoola Adeyemi has more than 20 years pre

and post qualification experience in

Accounting, Auditing and Taxation having

worked both in service and manufacturing

industries. He is a seasoned accountant who

grew in the profession from humble beginning

to the Post of an Audit Manager.

While in the Audit Firm, he served in various

capacities such as Statutory Auditing both in

public and private sector, Accountancy

Services, Internal Control Services, Tax

Consulting, and other Corporate Advisory

Services.

Ayoola is also a member of:

Associate of The Chartered Institute of

Taxation of Nigeria (CITN)

Fellow of the Institute of Chartered

Accountants of Nigeria (ICAN).

Graduate of accounting from Yaba

College of Technology.

MBA from Lagos State University

Page 9: Olufemi Jaiyesimi & Co. Firm Profile

9

Management Team

Tosin DARAMOLA

Risk Assessment Manager

Tosin is the risk assessment manager for OJC.

He conducts risk and compliance assessments

for prospective and current clients, whilst

communicating risk policies and processes for

the organisations.

He also reviews the implementation of the firms

health and safety measures whilst producing

the monthly OJC HSE newsletter.

He is a writer and authored a book titled Focus.

Tosin is:

A graduate of the Federal University of

Technology Akure.

He has two years experience as a data

analyst for Lagos State

He has hands on field experience in on-site

HSE.

Page 10: Olufemi Jaiyesimi & Co. Firm Profile

10

Services we render

AUDIT TAX ADVISORY

Financial Statement Audit

Other Assurance Services

Domestic

Corporate Services

Consultancy

Management

Consultancy

Inventory

Risk Consulting

Page 11: Olufemi Jaiyesimi & Co. Firm Profile

11

Audit

OJC has put in position professionals to understand the unique

elements of the business, its culture, the industry it operates in and

identify competition and the inherent risks associated with it.

Financial Audit We strongly believe that independence of

auditors cannot be over emphasized, when

acting as a trusted link between the

providers of financial information and the

users same information. Transparency is

always required by stakeholders in the

wake of the recent trends of financial and

economic crises. We are committed to

provide such transparency by always

adjusting the manner we operate. Having

in mind the requirements of our clients and

adopting techniques and new processes

that enable us to make the audit more

relevant and always add value to our

clients at large.

Assurance Services It is apparent that organizations do not only

rely on information from financial

statements as they do not necessarily

communicate the opportunities abound

and the risks involved in business. Our firm’s

non-financial assurance services helps our

clients learn how to define, capture and

report non-financial indicators. This creates

an avenue to protect their reputations,

foster trust amongst their stake holders and

bolster the overall performance.

Companies immensely benefit from

assurance that exceeds the conventional

external audit. Independent and objective

assurance on both financial and

non-financial information, transactions and

processes adds credibility to the disclosure

and reporting of such organisations.

Page 12: Olufemi Jaiyesimi & Co. Firm Profile

12

Tax

Our firm is equipped with a team of highly qualified tax practitioners who

possess extensive knowledge on tax and its compliance regulations. Our

professional possess more than 20 years of dealing with the Nigerian Tax

laws and regulations. And we can strongly attest that such knowledge

has aided us in delivering quality service to our clients over the years.

Our Tax services includes the following ranging from domestic tax matters to tax consultancy services and corporate and consultancy:

Transfer Pricing Services.

Tax Compliance and advisory.

Assistance in Tax Audits.

Indirect Taxes.

Corporate Tax Management.

Company Incorporation.

Corporate reorganisations.

Corporate liquidations.

Page 13: Olufemi Jaiyesimi & Co. Firm Profile

13

Advisory

OJC has over the years, served our older clients and the newer

companies with the advisory services. The services which range from management consulting, consultancy, Inventory management to risk consulting. We have proceeded to help our clients attend to strategic and operational challenges that require immediate and close attention in the current business environment.

Management Consulting: We aim to align finance function of our clients

with their business strategy and further provide

financial analysis and insights to assist their

decision making , while meeting up with

applicable legal and regulatory requirements.

We Focus on improving the finance functions

performance and increase its value to the

business. Consultancy:

This comprises:

Due Diligence Services in case of merger

and acquisition.

Forensic Audit

Financial and management services

Receivership and Liquidation services

Debt recovery and negotiation.

Arbitration Work.

Feasibility Report.

Inventory:

We provide inventory management services to

our clients, prepare regular reports on the

activities surrounding the whole inventory

process whilst making necessary suggestions as

to improvement of the process.

Risk Consulting:

We at OJC provide assistance to our clients in

order to transform risk into enduring

competitive advantage whilst attending to

their multifaceted business issues.

Thereby giving our clients cutting edge ideas to

make informed decisions tailored to the

circumstances

Internal Audit Outsourcing.

Establishing Internal Audit Functions.

Evaluating Internal Audit Departments

Regulatory Compliance and Inspection

Page 14: Olufemi Jaiyesimi & Co. Firm Profile

14

Industry groups

Our firm is aligned along some of these industries

Manufacturing

• Industrial Manufacturing

• Foundries

• Civil Explosives

• Consumer Goods

Consumer Markets

• Food and Drink

• Consumer Goods

• Retail

• Fast food outlets &

Confectionaries

Educational & Association

• Educational Institutions

• Not for Profit association

• NGOs

Infrastructure, Government

&Healthcare

• Government, parastatals, MDAs

• Building and Construction.

• Healthcare

Hospitality & Other Services

• Hotels and Leisure Centres

• Travel Agency

• IT consultants

• Property Management

• Media & Printing

• Security Outfit

Agro Allied Industries

• Green House

• Farms

• Poultry

• Micro-Finance Bank

• Stock Brokers

• Bureau De Change

Financial Services

Page 15: Olufemi Jaiyesimi & Co. Firm Profile

15

Our Clients

Page 16: Olufemi Jaiyesimi & Co. Firm Profile

16

Contact us

Olufemi

Adebayo Jaiyesi-

mi.

Managing part-

ner

Official cell no.:

+234-802-302-

1971, +234-803-

467-8305

Email: ojcconsult-

[email protected]

Ijeoma Bekeh

Associate Partner

Official cell no:

+234-802-304-

7807, +234-909-

888-6062

Email:

16, Ogunshefunmi Street, Off Abeokuta

Street, Behind AP Oil Filing Station on Oba

Akran Avenue, Anifowoshe Area, Ikeja,

Lagos, NIGERIA.

Postal Address: P. O. Box 3882, Oshodi,

Lagos.

Telephone Number: 234-815-239-3574,

+234-802-302-1971, +234-803-303-5183.

E-mail: [email protected].

Website: www.ojcconsulting.com

Contact us

Olufemi Adebayo Jaiyesimi.

Managing partner

Official cell no.:

+234-802-302-1971,

+234-803-467-8305

Email:

[email protected]

Ijeoma Bekeh

Associate Partner

Official cell no:

+234-802-304-7807,

+234-909-888-6062

Email:

[email protected]

Wasiu Adebayo Fashola

Associate Partner

Official cell no.

+234-803-347-0198

Email:

[email protected]

m

Ayoola Adeyemi

Audit Manager

Official cell no.:

+234-809-403-0070

Email:

[email protected]