Micro Finance Credit Officer

Location:

Accra, Greater Accra, Ghana

Posted:

February 07, 2022

Contact this candidate

Resume:

AMOS NANA OBENG * *

AMOS NANA OBENG

LUCABBAN Gracious Store. P. O. Box 138DW, Dunkwa – On – Offin. Digital Address: CU- 0082-4831

Mob: +233-********* / +233-*********

Email: ****.******@*****.***

PROFESSIONAL SUMMARY

A qualified accounting professional with over six (6) years of experience in Finance and accounting primarily in the public and the retail sector, with expertise in financial planning, account reconciliation, Operations, preparing and administering payrolls to implement sound and robust internal control systems and procedures. Confident communicator who effectively collaborates with colleagues, senior managements and external partners to accomplish goals in an accurate and timely manner. Currently open to opportunities to build corporate relationships and provide innovative solutions that accelerate organizational growth. AREAS OF COMPETENCE

• Account Reconciliation

• Credit Management

• Marketing

• Financial Planning

• Regulatory Compliance

• Account Management

PROFESSIONAL EXPERIENCE

LUCABBAN GRACIOUS STORE, Nov, 2020 – To Date

General Manager

• The supervision of the operational team as well as charting the general direction, controls and growth of all aspects of the company’s operations.

• Design and implement business plans and strategies to promote the attainment of goals

• Ensuring that proper books and records are kept to facilitate the timely preparation of monthly, quarterly and annual report.

• Reviewing periodically the effectiveness of the marketing strategies employed with a view in making appropriate recommendations to the Board of Directors.

• Ensure that the company has the adequate and suitable resource to complete it activities and also enough goods to meet client’s demand.

• Cash flow Management

• Internal & External Auditing

• Training & Team Building

• Report Writing

AMOS NANA OBENG 2 5

• Oversee sales team and develop strategies to contribute to growth and profitability of the company.

• Develop strategies to improve Account receivable collection. UPPER AMENFI RURAL BANK LTD, Feb, 2019 – Nov, 2020 Branch Accountant / Operations

• Manage the branch operational risk exposure by supporting the business to identify areas of operational risk exposure and by developing and implementing corrective action.

• Oversee the company’s banking operations function relating to central operations, branch operations, trade services operations, Cash mobilization & marketing.

• Establish and review key operational risk indicators/key control standards and formulate action plans to minimize the Bank’s exposure to fraud and losses.

• Develop and keep updated the Banks’ operations manual and ensure compliance to all operational guidelines, processes and procedures.

• Responsible for re-engineering business processes to improve customer service, cost effectiveness, loans portfolio and recovery management.

• Preparation of monthly management reports, financial and statistical reports and all other reports to the regulators.

• Ensure that effective documentation is in place, in the form of user guides and implement operational improvements to reduce operational costs, tighten controls, and improve service. Achievements

• Successfully assisted the branch in its implementation of developed Strategies and policies to build strong foundation for the start of its operations.

• Ensured that financial reports (monthly, quarterly, semi-annually and annually) were produced regularly in a timely manner for internal use and for audit purposes.

• Ensured efficient management of staff schedule and operation.

• Successfully assisted the branch to exceed its budgeted deposit in monthly, quarterly, semi- annually and annually.

• Achieved excellent customer service in terms of addressing customer’s complaints and managing customer relationship.

UPPER AMENFI RURAL BANK LTD, Aug, 2018 – Jan, 2019 Internal Audit Assistant

• Contributed to Internal Audit function for the bank by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of risk management, control and processes.

• Evaluated and applied internal controls to achieve accurate and efficient accounting and auditing systems compliance with company accounting practices.

• Ensure that Bank’s operations are in line with the internal policies and regulatory bodies. AMOS NANA OBENG 3 5

• Assisted with the performance of internal audit review and submitted internal audit reports for the consideration of management.

• Liaised with senior internal auditors in relation to significant issues and managed on-going development of appropriate reporting and data collection systems.

• Issued timely reports on assignments undertaken and ensured the complete follow up of approved recommendation.

• Conduct investigations and report finding, recommendations arising to the chairman of the F&A subcommittee.

UPPER AMENFI RURAL BANK LTD, Feb, 2015 – July, 2018 CREDIT OFFICER

• Explained to customers the different types of loans and credit options that were available, as well as the terms of those services.

• Obtained and compiled copies of loan applicants' credit histories, corporate financial statements, and other financial information.

• Improved time to loan approval, reducing 50 % of portfolio in late repayment etc.

• Monitored application of loans in the system for the branch and ensured that loan accounts balance, commissions and interest were properly calculated and charged.

• Reviewed loan agreements to ensure that they were complete and accurate according to policy.

• Advised borrowers on financial status and methods of payments which include collection analyst, loan serving officers and loan underwriters.

• Approved loans and Overdraft within specific limits, and referred loans and overdraft applications outside those limits to management for approval. Achievements

• Trained as an instructor to other Credit Officers in credit administration.

• Resolved customers issues and delinquent cases, devising collection recovery strategies

• Reduced bad debt from 8% to 0.5% in 2015-2017 at Dunkwa branch.

• Successfully managed commercial and Salary/Personal loans portfolio over GHS8, 000,000.00 and achieved 99.5% recovery.

UPPER AMENFI RURAL BANK LTD, Sept, 2013 – Jan, 2015 National Service Personnel

• Assisted with the bank’s operations function relating branch operations, Cash mobilization

& marketing.

• Assist Credit Officers on Micro finance collection and disbursement.

• Carried out data capturing onto T24 system and prepared Account Statement.

• Assisted with the opening of Account and Counter service and Apex link transfer.

• Issued timely reports on assignments undertaken and ensured the complete follow up of approved recommendation.

AMOS NANA OBENG 4 5

KUMASI POLYTECHNIC, Sept, 2012 – July, 2013

Teaching Assistant

• Assisted in the development of learning materials, preparing schemes of work and maintaining records to monitor student progress, achievement and attendance.

• Guided class discussions, whilst encouraging debate and feedback amongst students.

• Assisted in preparing and marked student assignments, essays, exams and provide one-on- one feedback on academic performance where necessary.

• Supervised the work of students undertaking classes, as well as tutorial staffs.

• Participated in departmental meetings and seminars aimed at sharing research outcomes and building interdisciplinary collaboration within and outside the school.

• Participated in the administration of the department’s programmes of study and other activities as requested.

ACADEMIC QUALIFICATION

UNIVERSITY OF CAPE COAST, Cape coast 2015 – 2017

Bachelor of Commerce (Accounting)

KUMASI TECHNICAL UNIVERSITY, Kumasi 2010 – 2013

Higher National Diploma (HND) in Accounting

DUNKWA SENIOR HIGH TECHNICAL SCH, 2006 – 2009

WASSCE (Business Studies)

TRAINING / SEMINARS

Customer Excellence and Money Laundering in Financial Service –2016 Basic Banking Operations –2015

Credit Management –2015

Spreadsheet Accounting –2013

TECHNICAL SKILLS

MS OFFICE (WORD, EXCEL, POWER POINT, PUBLISHER), Computer Hardware TemenosR14, Temenos24 (T24) and Digi bank, Spreadsheet, Tally, QuickBooks. PROFESSIONAL PROGRAMME

Chartered Institute of Bankers (Ghana) Perusing.

AMOS NANA OBENG 5 5

REFERENCES

1. Mr. Gilbert Kwabena Amoako

Senior Lecturer -Kumasi Technical University

Accountancy Department

Tel: +233-*********

E-mail: *********@*****.***

2. Rev. Samuel Kofi Abban

Retd. Pastor Assemblies of God Church,

Chairman- Board of Directors,

LUCABBAN Gracious Store