ANTHONY YAO KORDORWU

Finance and Accounting

• Routine reporting of all cash and cheques collected at all sites including depositing funds at designated financial institutions.
• Ensure compliance with local regulatory such as submission of PAYE, VAT, and withholding tax submission and government agencies.
• Coordination and assistance in pulling requested support for transactions for auditors or tax authorities as requested.
• Payroll preparation for Ghana
• Preparation of statutory schedules for payment for both GHMS and GHEQ to be filed with the authorities
• Withholding taxes reconciliations from customers and filing at the GRA
• Any other urgent operational matters as and when they arise and need to be resolved.
• Monthly reporting and ensuring all schedules and adjustments are accurately and posted.
• Preparation of weekly cash flow reports.
• Produce monthly management information pack for the region of assignment.
• Review and analyses all inputs to the Pack.
• Provide variance analysis and commentary in support of the pack, incorporating notes and updates as directed.
• Continually adapt and improve management reports.
• Prepare annual budgets, re-forecast an rolling business plan/ forecast information for subsequent years.
• Prepare and maintain all schedules (i.e accruals, prepayments, overheads, fixed assets etc.) and ensure its reconciliation to te general ledger.
• Prepare and file the monthly and quarterly taxes in consultation with the group Tax Manager and ensure reconciliation of these taxes to the ledger (i.e PAYE, CIT, NFSL, etc)
• Actively participate in both internal and external audits (Tax, statutory)
• Undertake a monthly review of the balance sheet items.
• Other ad hoc duties as prescribed by the Finance Manager to assist in achieving Finance Manager to assist in achieving Finance Department objectives.

Year End Reporting

• Assist with preparation of the year end accounts and financial statements, liaising with auditors as required
• Prepare annual statutory accounts for various entities, including reconciliation of statutory accounts with management accounts.

Communication

• Maintain confidentiality regarding all information accessed by virtue the position, of either fellow staff or the company, which are yet to be made public by Panafrican Management.
• Communicate openly and honestly at all times.

Teamwork

• Collectively utilize individual efforts of team members and integrate the talents and competencies they possess.
• Show great ability to delegate tasks to my subordinates.
• Assist others to meet business objectives when required
• Participated in work-based team activities
  

Financial Planning and Budgeting

• Applied insight and understanding to the financial performance of the company, highlighting risks and opportunities thereby contributing to the strategic and day to day decision making process.
• Managed the day-to-day financial management of the company by ensuring that revenue/profit targets are met, costs are contained.
• Managed the strategic sourcing portfolio of the company and ensuring the sustenance of the company's open credit arrangement with some of suppliers.
• Provided financial input for the formulation of the company's Strategic Plan / annual budgets and monitoring progress towards their achievement, thereby drawing management's attention to important trends, opportunities to maximize income, reduce cost and minimize risk.
• Provided support to all other departments in the formulation of marketing plans, budgets, business development and the analysis of the operational business trends for the achievements of overall plans and objectives.
• Responsible for objective setting and annual performance appraisals in the finance department.
• Evaluated projects to be undertaken and ensuring they are in accordance with board guidelines, including material business issues.
• Pricing, the acquisition or disposal of investments and assets) and contributing fully to their implementation.
• Conducted health check and post implementation reviews with analysis and sign-off any project approval requests.
• Responsible for project planning and preparation of the company's annual budget for the approval by Board of Directors.

Treasury and Working Capital Management

• Ensured effective management of the company's working capital.
• Constantly ensured financial adequacy for the achievement of the company sales volume target for each year by actively engaging financiers to ensure availability of adequate funds.

Management Reporting, Accounting and Taxation

• Ensured that all matters relating to financial accounting, management accounting, taxation, and capital structure management, market risk analysis and management and regulatory reporting are undertaken in accordance with IFRS and the company's own accounting policies and other regulatory guidelines.
• Responsible for all external audits of the company including tax audits by the tax authorities and interim and final annual audits of our financial transactions by the company's external auditors.
• Ensured accuracy, relevance, integrity and timely preparation of financial and management accounts to management and the Board of Directors.
• Production of monthly Management Information Systems (MIS) including Statement of Financial Position (SFP) Income Statement and Cash Flow Analysis with succinct commentary on all variances in comparison with budget and year-on-year targets provided to management and the board. MR
• Responsible for highlighting to management, the key risks and opportunities in the budget in comparison with actual performance and providing recommendations.
• Improved financial efficiency by streamlining accounting processes and implementing cost-saving measures.
• Provided leadership for the finance department by leading the way in all staff matters including allocation of duties, training and development.

• Oversaw and participated in all accounting functions
• Ensured the team's work is accurate and invoices are approved for payment using the correct procedure or processes
• Ensured schedule officers allocate the purchase order numbers (if applicable) to payment vouchers and resolving any issues arising thereof
• Coordinated issues escalated from team members for discussion and decision at management level
• Oversaw routine department activities, such as processing payment vouchers, to ensure that they are complete, accurate, and timely for disbursement
• Managed accounting functions including maintenance of general ledgers of various accounts payables
• Recommended to management improvements in procedures and policies to ensure strict adherence to modern industry practices
• Kept track of all the company's financial expenditures to be sure they fall with budget
• Monitored spending for adherence to budget, explains variance and recommends remedial action appropriate
• Maintained a database and provides timely reports to management
• Reconciliation of supplier statements and management of monthly closing records to ensure accuracy
• Offered on the job training to lower-level co-workers to update their skills for efficient output
• Participated in the preparation of management account and Annual Financial statements.

• Assisted the accounts manager in the preparation of monthly and yearly financial statements
• Oversaw payment and management of Trade payables, haulage claims and other statutory payables (SSNIT, PAYE, etc)
• Assisted the Account Manager in reconcile of both debtors and creditors' ledgers
• Was in charge of determining Open Market Prices (OMPs) of Petroleum products and Margins and communicating same to management and stakeholders
• Liaised and bargaining with Bulk Distribution Companies (BDCs) competitive prices for onward price determination
• Advised management on most competitive prices for profit maximization.

• Allocated and recorded Head Office expenses into Pastel
• Posted Purchase Invoices into Pastel and Preparation of Additional Cost Schedule for each lifting
• Prepared and Declared Total Monthly lifting on GC NET Platform
• Filed and paid statutory payments
• Computation of Price Variations
• Issued Credit Notes to Customers
• Set up Indicative Ex-Pump Prices for every window.

• Verified Daily Cash Lodgments into the Bank
• Verified mandatory payments through GCNET to CEPS
• Verify Accounts Payable and Accounts Receivables
• Investigated throughput variances
• Carried out routine and on-the-spot audit at filling stations
• Carried out on-the-spot exercise on customers and supplies
• Reported performance and audit findings to management
• Reconciled Ledger Balances to reflect True and fair view.

• General Book-keeping and monthly accounts preparation
• Banking duties
• Preparation of Payroll and Payslip
• Filing of Tax Returns and payment of statutory deductions to the respective institutions
• Administrative and other staff related duties.

• Identifying customer needs and matching them with suitable Barclays products
• Opening of new accounts and reviving dormant accounts
• Selling and facilitating of Loans to customers.

• Responsible for raising assessment for Taxpayers
• Issuing Vehicle Income Tax Stamp to commercial vehicles
• Field work to mobilize revenue for the government
• Performed other duties as assigned.