Management Profile
Clement Oniwaiye, FCA, ACMA
Finance Manager
Clement Oniwaiye, a financial strategist with a proven track record, oversees the overall financial strategy of Bovas Group. A Chartered Accountant and holder of a First Class Honours Bachelor of Science (B.Sc.) in Economics from Bayero University, Kano, and a Master of Science (M.Sc.) in Economics from the University of Jos, Mr. Oniwaiye brings a wealth of academic and professional expertise.

His commitment to continuous learning is evident through his membership as an Associate of the Certified Institute of Cost Management, Nigeria (CICMN).

Clement’s diverse experience spans various financial roles, including Manager, Finance & Accounts at Johnson Wax Nigeria Limited, Corporate Treasurer at Amekon Nigeria Limited, and positions at GS Microfinance Bank Ltd. and First Bank of Nigeria Plc.
Experience
  • Helped to cut business expenditure by saving the Group between 5% to 9.5% annually for the past eight (8) years.
  • Boosted the Group’s revenue by over 12.7% in the last four (4) years.
  • Ensures compliance with industry regulations and accounting standards.
  • Designs, implements and oversees the Group’s financial strategy in line with the Executive decision.
  • Evaluates capital investment projects and makes recommendations based on financial returns.
  • Manages cash flow and ensures adequate liquidity.
  • Assesses and manages financial risks, such as currency fluctuations and interest rate changes, and develops mitigation strategies.
  • Ensures all accounting operations are in line with the Group’s financial plan and implementation.
  • Implements and maintains internal controls to safeguard assets and prevent fraud.
  • Prepares financial forecasts and projections to support strategic decision-making.
  • Ensures compliance with tax regulations and minimises tax liabilities.
  • Develops and manages budgets for various departments and projects.
  • Implements and manages Enterprise Resource Planning (ERP) systems to streamline financial processes.
  • Adopts financial software and tools to improve efficiency and accuracy.

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