What It Does: BDO provides services such as business advisory, financial reporting, human capital management, corporate finance, performance improvement, planning and policy formulation, audit and assurance, tax, consulting, and accounting to wealthy individuals and corporations.
Mission: BDO's mission is to provide premium client service experiences to all its customers.
Size And Presence: BDO has four offices in Nigeria - Lagos (headquarters), Ibadan, Port Harcourt, and Abuja. The company employs about 90 staff members.
Best Known For: BDO is best known for its technical skills, industry expertise, local market knowledge, and premium quality of services. BDO is known as one of the largest professional services networks in the world. It's ranked 5th, just next to the Big Four professional services organization.
The Good Bits: Employees have access to state-of-the-art resources. The company has a very healthy working environment. Numerous employment benefits. The pay is attractive. There's a good work-life balance.
The Not-So-Good Bits: Work stress can be high at times.
In 1973, Oyediran Faleye Oke & Co was registered in Nigeria as an accounting practice. This company was affiliated with Coopers Lybrand and came into existence as a result of the Indigenisation Decree made by the then Military Government of Nigeria. This company was established to provide consultancy, audit, and tax services to multinationals operating in Nigeria, such as the United African Company of Nigeria, The Lion of Africa Insurance Company, the Lever Brothers of Nigeria, the UNIC Insurance PLC, etc.
The name of the company was sourced from the last names of the first three Nigerian partners of Coopers Lybrand. In 1998, all ties between Oyediran Faleye Oke & Co and Coopers Lybrand were severed. That was the same year the latter merged with Price Waterhouse. After the merger, Oyediran Faleye Oke & Co became a subsidiary of BDO International B.V. Fast forward to 2010, Oyediran Faleye Oke & Co rebranded to BDO Professional Services. The company established its first office in Lagos, which currently serves as its headquarters. Since then, the company has established three more offices in Abuja, Ibadan, and Port Harcourt, respectively.
BDO has an exemplary work culture, and this guides their professional conduct and influences their day-to-day activities. The company encourages transparency, fairness, and authenticity. Co-workers collaborate on projects and tasks as a team to achieve common goals. The company has a strong sense of community, which transcends beyond official working hours. BDO also has an inclusive work environment that's entrenched by the company's blindness to demographics such as gender, social status, religion, and ethnicity.
This is one of the best companies for fresh graduates and interns to start careers in the professional services industry. The company has a strict corporate dress code. BDO is an innovation-driven company, and it values the opinions and contributions of its employees.
BDO prides itself on its exceptional service delivery to its clients. This has been made possible by having high-value employees. BDO invests heavily in the upskilling and professional development of its employees. The company offers great career opportunities to its interns and entry-level staff. Its student & campus recruitment program is targeted at undergraduates who can work in the company during the holidays and rack up valuable work experience.
The program also targets fresh graduates who can learn on the job and receive mentorship from their more experienced colleagues. BDO also offers several training opportunities that its workers can take advantage of.
The entire hiring process can take up to a month. After the initial review of submitted CVs and application letters, BDO adopts the following processes to screen candidates for vacant job roles:
The average annual salary of a fresher at BDO is ₦1.8 million.
BDO has helped indigent communities by providing access to quality education for children and sources of livelihood for youths.