Summary
Overview
Work History
Education
Skills
Certification
Passport Details
Personal Information
Family Details
Timeline
Generic
Agnes Naadu Owusu-Ansah

Agnes Naadu Owusu-Ansah

Accra

Summary

Professional with robust background in directing and managing large-scale operations, consistently driving success through strategic planning and execution. Adept at implementing innovative solutions that enhance productivity and operational effectiveness. Known for fostering teamwork and adapting to evolving business needs, ensuring alignment with organizational goals.

Strong leader and problem-solver dedicated to streamlining operations to decrease costs and promote organizational efficiency. Uses independent decision-making skills and sound judgment to positively impact company success.

Proactive and goal-oriented professional with excellent time management and problem-solving skills. Known for reliability and adaptability, with swift capacity to learn and apply new skills. Committed to leveraging these qualities to drive team success and contribute to organizational growth.

Overview

33
33
years of professional experience
1
1
Certification

Work History

DIRECTOR (Secondment-Ministry of Food and Agriculture)

GHANA COCOA BOARD
01.2024 - Current
  • Develop strategies to complete the rationalization of the cocoa roads programme
  • Engage Cocoa Roads contractors on the rationalization exercise to avoid future litigations
  • Recommend payments to road contractors
  • Oversee smooth handing over of completed cocoa roads to Ministry of Roads and Highways
  • Ensure effective contract Management and monitoring of on-going and pipeline projects
  • Provide framework for raising funds from other sources

DIRECTOR, Scholarship Unit

GHANA COCOA BOARD
02.2021 - 12.2023
  • Setting clear objectives and criteria for the scholarship or alternate scheme
  • Strategy formulation to realign staff
  • Assess and report the state of the Scholarship scheme to the Trust
  • Engage and educate stakeholders on the scheme
  • Ensure transparency and fairness in granting scholarships
  • Review reports on applications
  • Ensure prompt payments and recovery of untilised funds

DIRECTOR, PROCUREMENT

GHANA COCOA BOARD
12.2019 - 06.2020
  • Procurement policy formulation
  • Periodic reporting on the procurement function
  • Preparation of annual procurement plan and period review report
  • Provide advisory and technical support to Management
  • Periodic Vendor performance analysis
  • Contract Management
  • Price negotiations
  • Overview of the Procurement Tendering Processes
  • Partial management of logistics and supply chain
  • Procuring within budget and plan

DIRECTOR, AUDIT

GHANA COCOA BOARD
11.2017 - 11.2018
  • Coordinate audit activities within the organisation
  • Report to the Audit Committee functionally and the Chief Executive administratively on significant audit findings
  • Perform risk assessment and determine the level of risk in each operational area
  • Liaise with Executive Management in formulating policies to prevent and identify errors and fraud
  • Enhance the fortunes of the organisation through effective monitoring of all activities within the organisation
  • Monitor compliance with laws, regulations and issues identified in the audit

Head - Internal Audit

GHANA COCOA BOARD - Cocoa Research Institute of Ghana
05.2014 - 01.2017
  • Coordinate with external auditors to plan and prepare for annual financial audits.
  • Collaborate with external auditor to coordinate the development of the annual audit plan based on the results of a thorough risk assessment and present the plan to management for approval.
  • Responsible for auditing and testing the Institute's internal controls and assisting with related corrections, reporting and documentation requirements.
  • Partner with senior management on audit risk assessment.
  • Identify audit areas and present audit findings and recommendations to senior management.
  • Follow-up with management to ensure audit comments are cleared on a timely basis.
  • Lead a team of internal auditors to drive internal audit projects from planning of audit engagements through execution and reporting of findings, identifying opportunities to improve operational efficiency and enhance business processes, evaluate the effectiveness of internal controls.
  • Schedule and coordinate internal audits in assigned areas to determine the effectiveness of internal controls, efficiency of operations, and compliance with company policies and procedures.
  • Make scope and timing adjustments as necessary to increase the overall audit effectiveness.
  • Review management controls designed to safeguard company resources and specifically determine if adequate controls are incorporated into information technology systems.
  • Provide guidance to operating management with respect to acceptable and practical internal financial and operational controls through periodic internal audit reviews by the Audit staff.
  • Provide executive management with timely, complete, and practical operational and financial audit reports which will include analyses, recommendations, and pertinent information regarding activities reviewed and ensure implementation of required systems and controls.
  • Review and revise, where necessary, internal auditing policies, programs, and procedures to enable the department to efficiently accomplish, complete, and issue reviews in a timely fashion.
  • Monitoring and reviewing audit work to ensure quality, group global consistency, efficiency and effectiveness.

Head - Internal Audit

GHANA COCOA BOARD - Quality Control Company
01.2012 - 04.2014
  • Plan and conduct audits to assess controls, operational efficiencies and compliance with company policies, procedures and regulations. Resolve audit problems that occur and develop modifications to coverage and schedule.
  • Ensure work papers are adequately documented and audit evidence is sufficient. Prepare periodic audit reports for the Management Committee.
  • Elicit information from internal/external sources about areas and functions to determine appropriate audit direction/methodology. Research all pertinent data (law, current issues, work papers, reports). Develop reasonable budgeted hours.
  • Research and keep abreast of legislative issues, new audit regulations/trends and audit methodology in the industry. Discuss updates of new regulations and methodology with audit team and Management Committee and relevant departments.
  • Assist in developing annual audit plan and submit to the Executive Director and management committee for review and approval.
  • Assist external auditors as appropriate. Assist in coordinating the Company's response to audit findings and recommendations.
  • Conduct periodic training workshops to promote awareness of internal controls and to discuss changes in policies that will impact the system flow of information.
  • Participate in various committees geared to policy/procedure development and operational improvements.

Head of Finance/Accounts Manager

GHANA COCOA BOARD - Cocoa Health and Extension Division
10.2010 - 12.2011
  • Managed the day-to-day administration of the Finance Department. Directed a team of highly qualified finance professionals in planning, organizing, directing, controlling and evaluating the operations of the company's financial department.
  • Spearheaded the development and implementation of financial policies, systems, procedures and guidelines to ensure smooth cash flow, streamline budgets, and establish stringent procurement and expense guidelines.
  • Devised and implemented all aspects of financial analysis and reporting, including but not limited to budgeting, financial reporting and forecasting, as well as monitoring the company's treasury operations and fund activities.
  • Prepared and managed annual operating budgets and regularly monitored performance to budget parameters. Actively influenced internal budgetary schemes and recommended strategies for the better overall budgetary management.
  • Implemented adequate internal control systems and financial costing procedures to ensure continuous monitoring of the company's assets.
  • Appraised staff in the department based on specific job schedules and competence.
  • Prepared annual Financial Statements in accordance with internationally acceptable accounting standards and IFRS.
  • Prepared monthly Management Accounts with detailed explanation on all cost centers.
  • Liaised and provided external auditors with all schedules and reports during annual audits.

Head of Finance/Accounts Manager

GHANA COCOA BOARD - Seed Production Division
08.2006 - 09.2010
  • Managed the day-to-day administration of the Finance Department. Directed a team of highly qualified finance professionals in planning, organizing, directing, controlling and evaluating the operations of the company's financial department.
  • Effectively design, develop and implement accounting and financial management systems.
  • The development and implementation of financial policies, systems, procedures and guidelines to ensure smooth cash flow, streamline budgets, and establish stringent procurement and expense guidelines.
  • Devised and implemented all aspects of financial analysis and reporting, including but not limited to budgeting, financial reporting and forecasting, as well as monitoring the company's treasury operations and fund activities.
  • Implemented adequate internal control systems and procedures.
  • Appraised staff in the department based on specific job schedules and competence.
  • Prepared annual Financial Statements in accordance with internationally acceptable accounting standards and IFRS.
  • Prepared monthly Management Accounts with detailed explanation on all cost centers.
  • Liaised and provided external auditors with all schedules and reports during annual audits.
  • Preparation of guidelines for negotiations and contractual issues.
  • Advised the Board of Directors on financial, procurement and contract policies and procedures.
  • Establishment of guidelines and budgetary control procedures.
  • Responsible for the preparation of periodic management accounts.

Deputy Manager Finance/Accounts

GHANA COCOA BOARD - Corporate (Head Office)
01.2004 - 06.2004
  • Assisting the management in formulating group financial policies of the Group.
  • Assisting in the evaluation of projects (commercial aspects), assessing capital cost involved and evaluating the viability of such projects using project evaluation techniques.
  • Liaising and reviewing of group financial practices to ensure compliance with policies and corporate plans.
  • Establishing strategic cost management systems / techniques for monitoring various overheads and achieving maximum cost control in project execution.
  • Preparing organisation business plans and revisions.
  • Assisting in the consolidation of various departmental plans and ensuring alignment with overall group objectives and strategies.
  • Involving in the preparation of annual fund raising and syndication on the international capital market.
  • Involved in the raising of short-term loan from both local and international financial market.
  • Played a key role in establishing annual guidelines for costing and pricing of products.
  • Involved in the developing: systems and procedures for planning and controlling of funds.

Senior Consultant

Asamoa Bonsu & CO. (Chartered Accountants)
07.2002 - 12.2003
  • Provide expert financial advice to high profile clients in view of their requirements as well as using diverse financial instruments and applications to minimize risk factors associated with investments and money utilization.
  • Develop appropriate financial policies in accordance with government laws, risk management and best audit guidelines, in addition to executing transactions and formulating recommendations to correct deficiencies and optimize operations.
  • Review clients' financial processes and procedures, identifying where improvements can be made and prepare detailed financial analysis reports. Recommendations are provided on financing options, strategic alternatives, and funds management for decision making in investments.
  • Prepare audit plan and programmes on all audit assignment; supervise audit work by audit assistants, meet with management on audit report, prepare highlight memorandum for various Board of Directors.

Financial Controller

Inter-Con Security Ghana
02.2000 - 04.2002
  • To provide guidelines for financial decisions by establishing, monitoring, and enforcing policies and procedures.
  • To safeguard company assets by establishing, monitoring, and enforcing internal controls.
  • Monitors and confirms financial situation of the company by preparing the company for external auditors.
  • To maximises return, and limits risk, through sound treasury management.
  • Prepares budgets by establishing schedules; collecting, analysing, and consolidating financial data; recommending plans.
  • Achieves budget objectives by scheduling expenditures; analysing variances; initiating corrective actions.
  • Provides status of financial condition by collecting, interpreting, and reporting financial data.
  • Prepares special reports by collecting, analysing, and summarizing information and trends.
  • Ensure compliance with statute and other relevant legislation.
  • Responsible for financial staff by recruiting, selecting, orienting, and training employees.
  • Maintains financial staff job results by coaching, counselling, and disciplining employees; planning, monitoring, and appraising job results.
  • Maintains professional and technical knowledge by attending continuous professional development programmes, etc.

Accountant

PricewaterhouseCoopers
08.1999 - 01.2000
  • Maintain and process accounting records for periodic financial reporting.
  • Assist the Chief Finance Manager in the preparation of the firm's revenue, capital and operating budgets.
  • Responsible for the preparation of financial statements.

Finance Manager

Comet Ghana (Spanish Company)
12.1998 - 07.1999
  • Heading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control.
  • Instituting internal control systems entailing Receivables, Payables, Inventory & keeping a constant vigil over overhead expenses.
  • Presenting a true & fair view of the financial position of the company by preparing financial statements viz. P&L Account, Balance Sheet and annual reports.
  • Conceptualizing, implementing and supervising general ledger and financial reporting processes and on time compliance of accounting standards.
  • Handling systems / procedures, preparing audit reports with a view to highlight the shortcomings & making recommendations.
  • Financial Planning, forecasting system for providing accurate future results projections and budgeting system; ensuring timely compilation and presentation of Budgets.
  • Management Reporting: monthly financial reports, implementing internal controls, manual & directly reporting to the project monitoring committee.
  • Ensuring compliance with standard Auditing Practices as well as conducting Staff Audit, Payroll Audit and Audit of Client Contract and Agreements Files.

Accountant/Auditing Trainee

KPMG
01.1992 - 11.1998
  • Some key organisations audited: Barclays Bank Ghana, Mobil, Danafco Engineering, Maersk, Ghana Water Company, Vodi Technic Motors, Pioneer Aluminium Company, BCM.

Education

Doctorate in Business Administration (DBA) -

Swiss Management Center University
10.2015

Masters Business Administration (MBA) - Finance

GIMPA
01.2008

Institute of Chartered Accountants (Ghana) (ICAG) -

01.2002

Skills

  • Strategic Leadership
  • Performance Management
  • Budget & Budgetary Control
  • Negotiations
  • Contract Administration
  • Controlling the Funds
  • Financial Planning & Analysis
  • Financial Restructuring
  • Funds Management
  • Investment Decisions
  • Risk Management
  • Auditing
  • Compliance
  • Fraud Management
  • Integrity
  • Relationship Building
  • Teamwork
  • Relationship building
  • Verbal and written communication
  • Creativity and innovation
  • Team management
  • Change management
  • Negotiation
  • Financial reporting
  • Rules and regulations
  • Financial planning
  • Time management
  • Multitasking
  • Coaching and mentoring
  • Analytical thinking

Certification

  • Understanding and Unlocking the benefits of Sound Corporate Governance, PricewaterhouseCoopers Business School, 01/01/15
  • Corporate Governance, Mervyn E. King SC; Chairman of the International Integrated Reporting Council (IIRC), 01/01/15
  • An analysis of company reporting in terms of the IIRC's International Framework, Mervyn E. King SC, 01/01/15
  • Euromoney in Financial Management
  • Euromoney Derivatives Bootcamp Training Hedging Operations
  • Euromoney Training - Financial Instruments
  • Procurement Integrity: Prevention, Investigation & Prosecution of Fraud, International Law Institute, 09/01/18
  • Annual Global Internal Audit Conference, 01/01/14 to 01/01/24
  • International Accountants conference

Passport Details

Can be provided on request

Personal Information

  • Date of Birth: 03/04/71
  • Nationality: Ghanaian
  • Driving License: Yes

Family Details

Married, 2

Timeline

DIRECTOR (Secondment-Ministry of Food and Agriculture)

GHANA COCOA BOARD
01.2024 - Current

DIRECTOR, Scholarship Unit

GHANA COCOA BOARD
02.2021 - 12.2023

DIRECTOR, PROCUREMENT

GHANA COCOA BOARD
12.2019 - 06.2020

DIRECTOR, AUDIT

GHANA COCOA BOARD
11.2017 - 11.2018

Head - Internal Audit

GHANA COCOA BOARD - Cocoa Research Institute of Ghana
05.2014 - 01.2017

Head - Internal Audit

GHANA COCOA BOARD - Quality Control Company
01.2012 - 04.2014

Head of Finance/Accounts Manager

GHANA COCOA BOARD - Cocoa Health and Extension Division
10.2010 - 12.2011

Head of Finance/Accounts Manager

GHANA COCOA BOARD - Seed Production Division
08.2006 - 09.2010

Deputy Manager Finance/Accounts

GHANA COCOA BOARD - Corporate (Head Office)
01.2004 - 06.2004

Senior Consultant

Asamoa Bonsu & CO. (Chartered Accountants)
07.2002 - 12.2003

Financial Controller

Inter-Con Security Ghana
02.2000 - 04.2002

Accountant

PricewaterhouseCoopers
08.1999 - 01.2000

Finance Manager

Comet Ghana (Spanish Company)
12.1998 - 07.1999

Accountant/Auditing Trainee

KPMG
01.1992 - 11.1998

Masters Business Administration (MBA) - Finance

GIMPA

Institute of Chartered Accountants (Ghana) (ICAG) -

Doctorate in Business Administration (DBA) -

Swiss Management Center University

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Agnes Naadu Owusu-Ansah