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Kola Ojutiku

@kolaojutiku

Seasoned executive specializing in financial management, taxation, forensic investigations, and training to drive measurable business results.

Nigeria

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What I'm looking for

I’m looking to continue delivering measurable results through financial leadership, taxation expertise, forensic investigations, and training—helping organizations strengthen controls, improve profitability, and build capable teams.

I’m a seasoned executive known for delivering mission-critical results across financial management, taxation, training, human capacity building, forensic investigations, and customer relations. I developed and implemented accounting, financial, and operational systems, and I built new revenue streams through diversification while reducing unnecessary costs.

As Chief Executive Officer of Devine Prospects Systems Limited, I launched professional development programs that increased productivity by 62%, authored a Treasury Operations manual for a “2nd generation bank,” and resolved N65m in duplicate payments by creating a tracking system. Previously, as Financial Controller/Chief Finance Officer at ABB Vetco Gray Nig. Ltd., I produced executive analysis reports, supported high-level borrowing, and helped drive performance improvements, including a 55% profit increase in one year. I’ve also led internal control and fraud-related investigations, where I reduced CBN fines and penalties by 95% over two years, and I’ve managed teams of up to 13 professionals.

Experience

Work history, roles, and key accomplishments

Current

Chief Executive Officer

Current

Devine Prospects Systems Limited

Oct 2003 - Present (22 years 9 months)

Developed and implemented accounting, financial, and operational systems; created new revenue streams and reduced unnecessary costs. Managed a team of 13 professionals and delivered 47+ client training programs across multiple sectors.

Financial Management Accounting Systems Operational Systems Business Planning feasibility studies Strategic Planning Financial Modeling Training Development Change Management Team Leadership

Financial Controller

ABB Vetco Gray Nig. Ltd

Nov 1996 - Sep 2003 (6 years 10 months)

Accountable for financial management, including executive analysis reports identifying business issues, risks, and profit opportunities. Negotiated and reviewed contracts and financial models with a focus on profitability, revenue generation, and loan securing.

Financial Management Executive Reporting Accounting Systems Financial Modeling Profitability Analysis Revenue Generation Loan Management Board Governance

Head Internal Control

Devcom Merchant Bank Ltd

May 1992 - Nov 1996 (4 years 6 months)

Prepared internal quarterly and annual portfolio monitoring reports and investigated fraud and compliance red flags. Maintained accurate executive-level reporting and implemented financial planning recommendations to reduce regulatory penalties.

Fraud Investigation Embezzlement Detection Tax Evasion Investigation Compliance Portfolio Monitoring Confidentiality Executive Reporting Financial Planning

Treasury Operations Head

Universal Trust Bank Plc

Aug 1989 - May 1992 (2 years 9 months)

Performed analytical treasury calculations and monitored securities transactions, fund transfers, margin accounts, and option trading. Researched investment opportunities and developed a Treasury Operations Manual.

Treasury Operations Calculations Fund Transfers Margin Account Operations Investment Recommendations

Assistant Accountant

Unipetrol Nigeria Ltd

Nov 1985 - Aug 1989 (3 years 9 months)

Investigated and resolved discrepancies in monthly bank accounts while meeting tight deadlines. Tracked capital spending, coordinated fixed-asset activities, and supported accounts payable and invoice problem resolution.

Invoice Resolution

Education

Degrees, certifications, and relevant coursework

Association of Certified Forensic Accountants of Nigeria

Certified Forensic Accountants Association of Nigeria (CFAN) member, Forensic Accounting

Member of the Certified Forensic Accountants Association of Nigeria (CFAN).

University of Cumbria

Master of Business Administration (MBA), Business Administration

Master of Business Administration (MBA) with a dissertation on CSR from a developing country's perspective, using a case study of the Nigerian oil and gas industry.

Institute of Chartered Accountants of Nigeria

Fellow of the Institute of Chartered Accountants of Nigeria (FCA), Accounting

Earned the FCA (Fellow of the Institute of Chartered Accountants of Nigeria) qualification in Accounting.

Chartered Institute of Taxation of Nigeria

Associate Chartered Tax Consultant/Taxation (ACTI), Taxation

Activities and societies: Handled tax audit queries for multinational companies and reviewed tax returns for clients.

Earned the ACTI qualification in Taxation and mentored trainee accountants.

Institute of Chartered Accountants of Nigeria

Associate Chartered Accountant (ACA), Accounting

Earned the ACA qualification in Accounting.

Chartered Institute of Bankers of Nigeria

Associate Chartered Banker (ACIB), Banking

Activities and societies: Top candidate in professional examination (as stated in education section).

Earned the ACIB qualification in Banking.

Lagos State College of Science & Technology

National Diploma, Banking

Grade: Top 10% of class (as stated)

Activities and societies: Courses attended included Investment Banking, Effective Treasury Management, Tax Management, Oil & Gas Financing, and Forensic Accounting.

Completed a National Diploma program focused on Banking, with coursework in efficient financial markets.