AKOSUA BIAMA ABOAGYE
Accra north
Summary
Chartered Accountant with extensive experience in auditing, assurance services, and financial statement preparation aligned with IFRS. Skilled in reviewing internal controls and managing budgeting processes across banking, manufacturing, education, and NGO sectors. Strong quantitative and analytical abilities complemented by effective communication and collaboration with diverse teams.
Overview
1
1
Certification
21
21
years of professional experience
Work History
West Africa Regional Chief Finance Officer
Access Bank Plc
09.2022 - Current
- Supports the regional expansion of the Bank by streamlining the Bank's financial management framework and policies across the region.
- Built relationships with key stakeholders, institutions, and investment community to align their needs with the Bank's objectives.
- Manages company's budget including revenue/direct margin, EBITDA or CAPEX level and drives the yearly budget exercise and forecast with line management.
- Analyzes, recommends and approves investment or profitability for complex files or projects (e.g. infrastructure, new products, promotions) and selects those that support the company's strategy and optimize its commercial position.
- Collaborate with strategic business units to analyze financial models, assess financial reports and market opinions.
- Provide a credible point of contact for the global investment community, representing the Bank within the region.
- Built relationships with key stakeholders, institutions, and investment community to align their needs with Bank's objectives.
- Initiates, coordinates and tracks financial processes improvements and ensures respect for financial standards and best practices.
Chief Finance Officer
Donewell Insurance Company Limited
10.2016 - 08.2022
- Works with the Chief Executive officer (CEO) on the strategic vision
- Developed operating budget in collaboration with all departments, ensuring success through cost analysis support and compliance with regulatory requirements.
- Oversee the production of monthly reports including reconciliations with banks, financial statements and cash flow projections for the use by Executive management, as well as the Audit/ Finance Committee and Board of Directors
- Acted as the primary point of contact for actuaries and aligned their work with company goals.
- Managed all purchasing activities, ensuring timely procurement of goods and services.
- Established and maintained internal control systems to safeguard financial assets and coordinated activities with external auditors to resolve audit issues effectively.
- Supervised banking activities to ensure proper management of funds and transactions.
- Oversaw the production of monthly reports, including bank reconciliations, financial statements, and cash flow projections for executive management and the audit/finance committee.
Acting Head of HR
Donewell Insurance Company Limited
11.2017 - 07.2018
- In charge of recruitments: conduct preliminary interviews, advertise, source candidates and screen applicants and finally coordinate with the responsible department for a final selection.
- Coordinates and ensures the timely and accurate completion of appraisals by staff
- Adhered to relevant statutory and regulatory requirements by reviewing updated policies and procedures.
- Ensured staff safety by providing platform for safety training and facilitating talk shops.
- Complied with statutory and regulatory requirements
Chief Finance Officer
Donewell Life Company Limited
01.2014 - 09.2016
- Assisted in executing organization's mission through staff succession planning and growth initiatives.
- Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports to management and the board of directors.
- Collaborated with the Chief Executive Officer (CEO) on the strategic vision and fostered stakeholder relationships at all levels.
- Ensured implementation of robust controls that successfully passed independent audits.
- Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee the coordination and activities of external Auditors ensuring audit issues are resolved satisfactorily.
- Ensure adequate controls are in place and may pass independent audits.
- Developed and maintained internal control systems to safeguard financial assets and coordinated with external auditors to resolve audit issues effectively.
- Attend Board and subcommittee meetings.
- Assisted in executing staff succession and growth plans.
Trainee Accountant - Manager
KPMG Ghana
10.2005 - 12.2013
- Lead audit team in the statutory audits, due diligence, profits and cash flows forecast and projections of various public listed and privately held companies including financial institutions, NGOs schools and other companies in the manufacturing sector.
- Developed the engagement approach, performing qualitative and quantitative analysis and evaluating industry and business risks.
- Developed engagement approach through qualitative and quantitative analysis of industry and business risks.
- Advise clients on accounting and industry developments; recommend improvements to the presentation of financial statements; propose business performance improvement initiatives
- Advised business owners on managing and assessing business and risk, providing suggestions for increasing internal controls and offering bottom-line oriented solutions.
- Conducted various audit tasks for financial institutions and companies.
- Statement of affairs for Access Bank Ghana Limited, Allianz Insurance Company Limited, GSE securities Depository, Soroma Capital Investment Company, Anelin Mogens Investment Ltd, and also Izwel Loans Limited.
- Skilled in technical writing including proposals and reports
- Audit work done includes:
Education
EMBA - Finance
University of Ghana
BA - Sociology and Political Science
University of Ghana
SSSCE Certificate -
St. Roses Secondary School
Skills
- Budget management
- Financial reporting
- Financial planning
- Financial analysis
- Internal controls
- Treasury management
- Strategic planning
- Regulatory compliance
Certification
- Diploma in Insurance – Sept 2022
- Association of Chartered Certified Accountants (ACCA) Chartered – Dec 2009
HOBBIES
Reading and cooking
AREAS OF EXPERTISE
Reading and cooking
PREVIOUS BOARDS AND COMMITTEES SERVED ON
Reading and cooking
Timeline
West Africa Regional Chief Finance Officer
Access Bank Plc
09.2022 - Current
Acting Head of HR
Donewell Insurance Company Limited
11.2017 - 07.2018
Chief Finance Officer
Donewell Insurance Company Limited
10.2016 - 08.2022
Chief Finance Officer
Donewell Life Company Limited
01.2014 - 09.2016
Trainee Accountant - Manager
KPMG Ghana
10.2005 - 12.2013
EMBA - Finance
University of Ghana
BA - Sociology and Political Science
University of Ghana
SSSCE Certificate -
St. Roses Secondary School