Summary
Overview
Work History
Education
Skills
Languages
Leadership Experience
Training And Seminars Attended
Publications
References
Hobbies and Interests
Timeline
Generic

ALBERTO KWAKU BOATENG

Greater Accra

Summary

A service-focused General Manager with over a decade of experience in customer acquisition, general business administration, risk management, negotiations, downstream oil and gas trading and operations, dedicated to delivering positive customer experiences to promote loyalty and repeat business. Customer-oriented experienced professional, focused on increasing revenues and expanding margins through risk management and portfolio diversification. Adaptive and deadline-oriented manager who consistently executes and completes multiple projects in high-stress environments. A meticulous leader and strategic planner with comprehensive managerial acumen, offering vision and motivation to team mates. Detail-oriented team player with strong organizational skills with the ability to handle multiple projects simultaneously with a high degree of accuracy.

Overview

11
11
years of professional experience

Work History

General Manager

Rhema Energy Company Limited
10.2019 - Current
  • Provided overall corporate leadership for a team of 15 to business growth and achievement of corporate objectives/objectives.
  • Increased operating capital from $3million to $54.5 million through banks and financial institutions.
  • Instituted effective credit risk management policies and tools that reduced and maintained non-performing credit portfolios to under 3.8%.
  • Instituted a robust KYC Due Diligence process that ensured customers were rigorously reviewed during the on-boarding process.
  • Instituted innovative measures to tackle forex risk associated with import of refined petroleum products.
  • Built and updated P&L templates for every product import considering current global and local market conditions.
  • Developed and maintained a cargo sheet analysis for all imports to track profitability as indicated by initial budget P&L.
  • Ensured consistent and timely repayment of all product purchases to suppliers and banks.
  • Liaised with various departmental heads to prepare monthly and quarterly board reports on the company's performance.
  • Established and maintained strong relationships with key government stakeholders such as the National Petroleum Authority, Ghana National Petroleum Corporation, Ghana Revenue Authority, Ministry of Fisheries and Aquaculture amongst others.
  • Chaired all management weekly management meetings and facilitated key decision making process in line with company's monthly, quarterly and annual targets.
  • Oversaw the rebranding of the company to align with shareholder's desired brand image.
  • Established weekly reporting format from all heads of departments; reviewed weekly reports and liaised with various heads to manage gaps identified within the process.
  • Liaised with other departmental heads to prepare business plan for the company. Consistently reviewed company's performance vis a vis the approved business plan to track performance and manage shortcomings.
  • Increased overall company efficiency by streamlining operations and implementing innovative managerial strategies such as new excel templates for inventory monitoring and reporting, templates for tracking of sales, payment tracker for ageing analysis, etc...
  • Managed a diverse team of professionals, fostering a positive work environment and high employee satisfaction.
  • Cultivated strong relationships with International Oil Traders as well as local off-takers and other stakeholders as required by the nature of the business to ensure long-term success and loyalty.
  • Implemented effective cost-saving measures through forex risk mitigation policies to reduce forex exposure losses.
  • Established quarterly and annual comprehensive employee training policies and programs to develop skills, improve productivity, and maintain compliance with industry regulations.
  • Collaborated with finance and other departmental heads to develop annual and quarterly budgets.
  • Implemented robust inventory management systems to optimize stock levels and minimize waste/costs associated with excess product storage.
  • Managed budget implementations, employee reviews, training, schedules, and contract negotiations.
  • Maximized efficiency by coaching and mentoring personnel on management principles, industry practices, company procedures, and technology systems.
  • Drove year-over-year business growth by an average of 27% while leading operations, strategic vision, and long-range planning.
  • Diversified company trading portfolio to cover for different products as a means to minimize exposure/risk whiles maximizing margins. This enabled the company to increase its customers base by over 200% within the first 2 years whiles increasing profit margins by over 27% year on year.
  • Formulated policies and procedures to streamline operations.
  • Analyzed market trends and competitor activities to create competitive advantages.
  • Provided thoughtful guidance to personnel in navigating and resolving snags in productivity.
  • Handled problematic customers and clients to assist lower-level employees and maintain excellent customer service.
  • Recruited, hired, and trained initial personnel, working to establish key internal functions and outline scope of positions for new organization.
  • Reported issues to higher management with great detail.
  • Implemented business strategies, increasing revenue and effectively targeting new markets.

Operations and Trading Manager

Battop Energy Limited
04.2016 - 10.2019
  • Liaised with Marketing Manager to expand client base by 15% year on year through targeted networking efforts and strategic partnerships within the industry.
  • Constantly engaged with clients who had outstanding payments due to ensure payment was received for products supplied.
  • Explored new business opportunities in Ghana and in the West African sub region.
  • Built, established and maintained important and vital relationships in competing companies and also relevant governing institutions.
  • Constantly carried out research on competitors and the local and global market in general to help the company take vital business decisions
  • Creation of ledger to enable tracking of purchasing as against payment to help ascertain performance of various clients.
  • I coordinated the company's brand and communication activities effectively to ensure that the company's brand image was optimized to our customers.
  • Enhanced trading strategies by analyzing market trends and implementing innovative techniques.
  • Reduced risk factors for the company by conducting thorough assessments of potential investments hence reducing NPLs by 50%.
  • Streamlined internal processes to improve efficiency and accuracy in trading operations.
  • Collaborated with cross-functional teams to develop comprehensive market analysis tools.
  • Regularly exceeded revenue targets while managing multiple portfolios concurrently.
  • Delivered high-quality trade execution services, ensuring timely transactions with minimal errors or delays.
  • Conducted rigorous research on global economic trends to inform strategy development and create a competitive edge in the marketplace.
  • Leveraged technology platforms to automate routine tasks, freeing up time for more strategic initiatives in trading management activities.
  • Ensured regulatory compliance across all trading operations by keeping abreast of changing industry rules and guidelines.
  • Led implementation of trade best practices for import and redistribution of petroleum products.
  • Prepared P&L statements and other divisional reports for senior management review.
  • Handled accounts, logistics and other customer-related issues for $5 million in yearly trade.

Business Development Officer II

Petroleum Warehousing & Supplies Limited – BDC, Sahara Group
08.2014 - 04.2016
  • Prospected and signed on new clients to help expand the business of the company
  • Constantly followed up with clients who had outstanding payments due to ensure payment was received for products supplied
  • Explored new business opportunities in Ghana and in the West African sub region
  • Built, established and maintained important and vital connects in competing companies and also relevant governing institutions
  • Built, established and maintained close relations with all clients ensuring their needs were met as and when required.
  • Constantly carried out research on competitors and the local and global market in general to help the company take vital business decisions
  • Creation of ledger to enable tracking of purchasing as against payment to help ascertain performance of various clients
  • Coordinated the company's brand and communication activities effectively to ensure that the company's brand image was optimized to our customers.
  • Expanded market share by conducting comprehensive market research and competitor analysis.
  • Boosted client satisfaction by identifying and addressing their specific needs through tailored business solutions.
  • Strengthened relationships with key clients by providing exceptional support and maintaining regular communication.
  • Optimized sales processes for greater efficiency, reducing the time required to close deals.
  • Negotiated contracts with vendors and clients, ensuring favorable terms for the company''s success.
  • Presented compelling proposals to prospective clients, securing high-value accounts for the organization.
  • Facilitated robust networking within industry events, establishing beneficial connections for future collaborations.
  • Developed new sales strategies to target existing customers that increased sales performance by over 33% resulting in increased revenue generation.

National Service Personnel

National Petroleum Authority
10.2012 - 08.2013
  • Undertook physical inspection of over 250 Petroleum Product Retail Outlets in the Western, Eastern, Volta and Greater Accra Regions to ensure all outlets conformed to existing Rules and Regulations of operation.
  • Prepared inspection reports for all retail outlets for submission to Senior Management recommending renewal, suspension and cancellation of operating permits.
  • Reviewed over 126 Applications for the Issuance of Construction and Operating Licenses for Petroleum Service Providers in the Downstream Sector.
  • Reviewed 89 Applications for the Issuance of Annual and Single Import Permits of Petroleum Products for the import of LPG cylinders.
  • Issued over 50 Reprieves and Authorization Letters for the Import of Packed Petroleum Products and Lubricants into the country.
  • Reviewed and issued over 400 Applications for the issuance and renewal of a Bulk Road Vehicle Stickers.
  • Issued and maintained an up-to-date database of all Licensed Bulk Road Vehicles
  • Developed, monitored and updated the Bulk Consumer List database with over 212 companies.
  • Created, Monitored and updated the Fire Service Certificate database
  • Collated, reviewed and analysed raw field (Inspection) data
  • Perform any other duties that are supplementary to the above or may be assigned by the Principal Manager- Inspections.

Education

Bachelor of Science - Petroleum Engineering

Kwame Nkrumah University of Science And Technology (KNUST)
Kumasi, Ashanti Region
05.2012

West African Senior School Certificate Examination, Science with Biology, Chemistry, Physics and Elective Mathematics - Science Education

Presbyterian Boys' Senior High School
Greater Accra
05.2007

Basic Education Certificate Examination -

Sap's School, Teshie Nungua Estate
Greater Accra
04.2004

Skills

  • Business Administration
  • Business Development and Sales
  • P&L Development and Management
  • Operations Oversight
  • Budget Coordination and Financial Administration
  • Sourcing New Suppliers
  • Purchasing and Contract Negotiations
  • Customer Relationship Management
  • Recruitment
  • Staff Training, Motivation and Development
  • Strategic Planning and Organizational Development
  • Effective Leadership and Team Building
  • Performance Evaluations
  • Verbal and Written Communication
  • Risk Analysis, Evaluation and Management
  • Networking Abilities

Languages

Proficient in English and Twi (Native Ghanaian language)

Leadership Experience

  • 2012, Founder and Partner, Frye Restaurant, Central University, Prampram
  • 2014 - Present; Senior Managerial Positions in Two Separate Oil and Gas Companies


Training And Seminars Attended

  • 03/2019, 04/2019, Oil Trading Training, Vitol S.A., London and Rotterdam
  • 12/2018, Petroleum Products Trading, Mennta Energy Solutions, Online
  • 01/2014, 08/2014, Graduate Management Training Program, Sahara Group, Nigeria and Ghana
  • 11/2010, The Impact of Oil and Gas Discovery on the Ghanaian Economy, Kumasi, Ghana

Publications

Alberto Kwaku Boateng, ‘Ore Reserve Estimation: The New Approach’, a project dissertation presented to the Department of Petroleum Engineering, KNUST, in partial fulfillment of the requirements for a B.Sc degree in Petroleum Engineering, May 2012

References

  • Jude Kofi Bucknor, CEO J. Kofi Bucknor and Associates
  • Albert Tobias Hammond, President, AH Global Investments AG
  • Mrs. Ibironke Wilson, Former Group Head of Operations and Human Resource
  • Mr. Abass Tasunti, Head - Pricing and Planning, National Petroleum Authority
  • Kabu Ahaji, Coordinator, Central Africa, Vitol
  • Kwame Prempeh, Former head of Ghana Office, Glencore

Hobbies and Interests

  • Playing and Watching Football
  • Listening to Music
  • Reading
  • Socializing
  • Traveling
  • Exploring new experiences
  • Running

Timeline

General Manager

Rhema Energy Company Limited
10.2019 - Current

Operations and Trading Manager

Battop Energy Limited
04.2016 - 10.2019

Business Development Officer II

Petroleum Warehousing & Supplies Limited – BDC, Sahara Group
08.2014 - 04.2016

National Service Personnel

National Petroleum Authority
10.2012 - 08.2013

Bachelor of Science - Petroleum Engineering

Kwame Nkrumah University of Science And Technology (KNUST)

West African Senior School Certificate Examination, Science with Biology, Chemistry, Physics and Elective Mathematics - Science Education

Presbyterian Boys' Senior High School

Basic Education Certificate Examination -

Sap's School, Teshie Nungua Estate
ALBERTO KWAKU BOATENG