Finance Coordinator
Resume:
KWAME ASAFO-ADJEI FRIMPONG
****************@*****.***
TantraHill Ghana Greater Accra
Result-oriented and highly analytical accounting and finance professional with over 7 years' experience in financial management, operational audits, taxation, budgeting and forecasting. I aspire to be a Financial Analyst who will be a strategic support resource behind the growth agenda and future policy setting of any organization.
EXPERIENCE
07/2016 - Current
Finance Consultant - Wings for Life Foundation Ghana & Craft Education Technologies, Accra
Develop monthly and annual budgets for various program activities and conduct monthly review to evaluate actual performance against budget.
Prepare monthly management report (P&L and Cashflows) for discussion with senior level management.
Ensure all Payroll and all other statutory (SSNIT, PAYE and Tier Two) payments made on a timely manner.
Review journal entries and general ledgers for month end reconciliation using Xero software.
Provide supervision of the annual internal and external audits.
Ensure compliance of strong financial controls and procedures.
11/2020 - 08/2021
Finance Manager - Rising Network, Accra
Introduced two (2) financial innovations to optimize the finance function to produce better, more relevant and more timely information for management.
Prepared Financial forecasting, analysis and financial reporting to assist the Country Managing Director in strategic decision making.
Ensured continuous update and compliance to corporate policies and control systems to reduce risk.
Overall responsibility and control of financial planning and departmental budgeting.
Prepared of weekly and monthly balance sheet reconciliations.
Achieved 90% revenue cash collection through the company's POS system.
Managed payroll and payments for over 550 staff.
Established excellent relationships and relevant compliance with bankers, finance providers, auditors, and relevant statutory bodies (GRA, SSNIT, NCA etc).
Built the account payable and receivable function of the company.
Managed the fixed asset register of the company.
06/2018 - 10/2020
Finance & Operations Lead – Eneza Ghana, Osu - Accra
Developed short and medium-term budgets in collaboration with the CFO in Kenya (HQ) and strategic plans for day-to-day operations.
Maintained an 85% budget spending across all functional departments by conducting monthly review with departmental managers to evaluate actual performance against budget.
Established internal controls and finance systems for procurements, payments and payroll and ensured its compliance across all departments.
Prepared monthly management report as well as cash flow forecast to be discussed with senior- level executives both in Ghana and Kenya using advanced software proficiencies (QuickBooks, LivePlan).
Collaborated with the Country Director to prepare our business and financial models which won us $30,000.00 at the MIT Solve Challenge for startups.
Liaised with External Auditors to conduct audit on company's 2018 financial accounts.
Performed bank reconciliation statements for all the bank accounts and ensured parity with the accounting system and quickly resolved issues if any with our banks.
Reduced our receivable collection days from 50days to 30days by ensuring timely issuing of invoice and bi-weekly reconciliation with clients.This resulted in a 10% increase in our cash availability.
Built favourable terms with suppliers and ensured that all payments were within the credit period which made the company enjoy a five percent (5%) discount on purchases made.
Maintained and updated the fixed assets register of the company.
Managed payroll of employees across the five (5) departmental functions of the company and ensured all other statutory (SSNIT, PAYE and Tier Two) payments made on a timely basis. I achieved a zero percent (0%) margin of error with payroll payment.
Handled VAT payment and all Withholding tax obligations in a timely manner and saved the company from penalties by the tax authorities.
01/2015 - 05/2018
Audit and Accounts Manager – Total Management Consult, Kumasi
Facilitated financial and operational audits, working with internal and external managers to communicate recommendations or issues surrounding audits.
Supervised accounting department operations and team of up to 2 employees.
Resolved escalated clients' issues in timely manner, which boosted retention rates by 30%.
Reviewed more than 14 financial statements within 3years.
Reviewed journal entries and general ledgers for month-end balance sheet reconciliation.
Handled VAT returns on timely manner for four (4) clients of the company on monthly basis.
Met audit deadlines by proactively managing individual and team tasks and implementing internal control processes.
Prepared monthly reports, including payment and account reconciliations and financial statements.
11/2013 - 01/2015
Audit Officer - Amoako Boateng & Associates, Kumasi
Prepared working papers, reports and supporting documentation for audit findings.
Reviewed and recommended accounting systems and controls for four second-rated clients' business.
Managed statutory returns such as VAT, PAYE and SSNIT for eight (8) clients.
Completed audit papers by thoroughly documenting audit tests and findings.
Performed administrative tasks such as recordkeeping, writing correspondence and gathering materials.
EDUCATION
2022
Master of Business Administration, Finance and Accounting
Unicaf University
January 2021
Strategic Professional Certificate, Chartered Accountant
Association of Charted Certified Accountants (ACCA, UK, United Kingdom
March 2014
Bsc Applied Accounting
Oxford Brookes University, UK
Second Class Upper
March 2012
Advanced Diploma, Accounting & Business
Association of Charted Certified Accountants (ACCA, UK
2012
ACCA Professional Ethics Module Certificate
Association of Charted Certified Accountants (ACCA, UK
June 2009
West African Senior Secondary Certificate Examination in General Science
Barekese Senior High School, Kumasi
ACCOMPLISHMENTS
Awarded Best ACCA Student in Ghana for Corporate Governance, Risk & Ethics (P1) March 2018
CERTIFICATIONS
Entrepreneurs Academy - UK Leadership Accredited Certificate February 2018
Developing effective marketing strategies & Business Management
CORE QUALIFICATIONS
Microsoft Office and Google Office suite.
In-depth working knowledge of business and accounting software (Quickbooks, Xero & Liveplan)
Financial and Data analysis.
Good knowledge in International Financial Reporting and GAAP
Customer relationship management
Communication and presentation skills
Contact this candidate