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Augustine Kwaku Boahen
Accountant
Accra
Work Preference
Summary
Experienced professional with years of experience, strong background in guiding teams, managing complex projects, and achieving strategic objectives. Excels in developing efficient processes, ensuring high standards, and aligning efforts with organizational goals. Known for collaborative approach and commitment to excellence.
Overview
2
2
Certification
16
16
years of professional experience
Work History
Acting Finance Officer
UniMAC - Institute of Journalism
03.2026 - Current
- Established systematic processes within finance office to ensure adherence to best financial practices and improve overall functionality.
- Supervised accounts payable and receivable functions, facilitating prompt payments and collections while achieving high accuracy.
- Implemented streamlined procedures for financial operations, achieving a high level of data accuracy.
- Executed comprehensive financial reporting and analysis to guarantee alignment with institutional policy standards.
- Streamlined budget creation and deployment, focusing on efficient resource allocation with a 95% achievement rate.
- Conducted comprehensive value for money assessments and supported effective resource allocation for project execution.
- Collaborated with fellow board members to oversee and advance the institute's objectives and mission.
- Conducted thorough analyses to generate reliable financial forecasts, empowering executive leadership with informed decision-making capabilities.
Senior Accountant, Financial Reporting and Budgeting
University of Media, Arts and Communication (UniMAC)
02.2023 - 02.2026
- Managed comprehensive financial reporting procedures, guaranteeing alignment with university policies and regulatory requirements.
- Developed training programs for junior accountants, fostering skill enhancement and encouraging professional development within the team.
- Analyzed financial records through detailed audits to detect discrepancies and guarantee high accuracy in reporting.
- Analyzed financial data and developed forecasts to inform and support strategic planning initiatives within the university.
- Coordinated preparation of essential documentation and effectively communicated with auditors to ensure smooth audit operations.
- Analyzed and corrected discrepancies in tax filings to ensure compliance and accuracy.
- Executed management of several high-stakes projects at once, consistently delivering results on time with a focus on detail and quality assurance.
- Delivered targeted training sessions and one-on-one support to team members, aiding in the successful adoption of new system.
- Developed and executed budget preparation and reporting strategies, resulting in improved efficiency in departmental resource allocation.
Internal Auditor, Head - Quality Assurance and Post Audit
Ghana Institute of Journalism
12.2020 - 01.2023
- Analyzed compliance with regulatory standards and institutional policies by conducting thorough internal audits.
- Conducted thorough audits to pinpoint risks and optimize operational processes for increased efficiency.
- Implemented training initiatives focused on internal control protocols and effective risk management strategies for staff development.
- Interpreted audit results and proposed strategic recommendations aimed at improving operational processes.
- Cultivated an environment of professional development by mentoring junior auditors and sharing industry best practices.
- Interpreted audit data and articulated significant findings to management, facilitating improved strategic planning.
- Engaged in special projects as directed by senior leadership, delivering insights on internal controls and risk management practices.
- Analyzed financial statements to verify adherence to IPSAS and corporate regulations, ensuring accurate financial reporting.
- Evaluated and optimized operational processes, successfully recommending improvements that generated considerable cost savings.
- Developed and delivered targeted training sessions on best audit practices and regulatory compliance, resulting in improved team performance.
Accountant, (Head, Final Accounts)
University of Mines and Technology, Tarkwa
05.2018 - 11.2020
- Executed consolidation of financial statements, aligning with GAAP and university financial protocols.
- Directed compliance verification for fixed assets registers, ensuring alignment with organizational asset management standards.
- Coordinated communication with external auditors to streamline the audit report preparation process.
- Executed monthly close procedures and reconciled accounts for university general ledger, achieving 98% accuracy in financial reporting.
- Supervised monthly financial reconciliation activities, guaranteeing timely identification and correction of reporting discrepancies.
- Diligently compiled general ledger entries under short timelines, maintaining flawless accuracy throughout the process.
- Orchestrated transition to innovative accounting software, resulting in optimized financial data management and more effective reporting processes.
- Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
- Implemented streamlined workflows for monthly financial reporting, resulting in reduced time for report preparation and analysis.
- Oversaw audit preparation activities, guaranteeing alignment with regulatory standards and institutional policies.
- Guided junior accountants in mastering accounting software and implementing industry best practices through structured training.
University Hall Bursar
University of Mines and Technology-Tarkwa
11.2012 - 04.2018
- Developed comprehensive financial statements to support hall council decision-making.
- Administered treasury functions, including cash management and financial reporting for the hall.
- Streamlined invoice processing for accounts payable, achieving 98% accuracy while handling over 9000 invoices using Topaz accounting software.
- Facilitated comprehensive audits on a monthly, quarterly, and annual basis to uphold financial integrity.
- Supported tax compliance efforts by preparing monthly, quarterly, and year-end tax returns.
- Managed budget documentation and tracked expenses to uphold stringent business control measures.
- Analyzed staffing patterns and recommended actionable strategies to decrease overtime expenses for permanent hall staff by over 30%.
- Administered payroll processes for outsourced employees, verifying accuracy in statutory payment execution.
- Developed and maintained efficient systems for recording outsourced staff timing, resulting in 99% accuracy in data collection.
- Analyzed accounts payable and receivable statuses to identify discrepancies and streamline financial operations.
Audit Assistant/Supervisor
Osei-Afoakwa Consult Chartered Accountants
09.2010 - 10.2012
- Streamlined audit processes to improve overall effectiveness and efficiency through meticulous preparation of working papers.
- Conducted thorough reviews of disclosure checklists to uphold compliance and integrity of financial statements.
- Supported audit teams in executing assignments to enhance operational integrity.
- Compiled audit findings report to enhance decision-making processes.
- Evaluated financial transactions to determine their material impact on overall financial statements.
- Conducted thorough evaluations of financial information to uncover and address suspected fraud.
Education
MBA - Accounting
Sunyani Technical University
Sunyani, Ghana06-2009
Bachelor of Science - Accounting
University of Education
Winneba, Ghana07-2012
Higher National Diploma (HND) - Accounting
Sunyani Technical University
Sunyani, Ghana06-2009
Skills
- Self-motivated
- Excellent written and communication skills
- Leadership and managing skills
- Data analysis skills
- Good judgement skills
- Team leader and independent thinker
- Result oriented
- Dynamism and flexibility
- ERP (Enterprise Resource Planning) software
- Staff management
- Prioritizing and planning
- Proficient in MS (Word, Excel,Powerpoint, Outlook)
- Critical thinking
- Financial analysis and reporting
Accomplishments
- Implemented enhanced expenditure strategies to reduced cost of maintenance of the University’s hostels by at least 30%.
- Increased the University hostels revenue by 25% through strategic novelty of renting the facility to churches and organization's during vacations and breaks.
- Led external audit to clear a backlog of three (3) years (2016-2018) financial audits of the University as a newly appointed accountant.
- Audited accounts payable ledger and saved the University of Mines and Technology with over US$300,000.00 in Ghana cedi equivalent.
- Authored five (5) memos on cooperative credit union, provident fund, medical refund, imprest management among others at UniMAC.
- Collaborated with a team in the development of Medical Refund Policy and a team of three (3) on Guidelines for Institutional Use of Vehicle for GIJ.
Affiliations
- Council Member - Maxim Nyansa Foundation LBG (July 2025 - Date)
- Member - Invigilation Remunerations Committee (March 2026 - Date)
- Chairman - Financial and Stores Regulation Development Committee, UniMAC (June 2025 - Date)
- Chief Financial Consultant - Smart Innovations Ghana Limited (Jan 2024 - Date)
- Member - Fixed Assets Coordination Unit, UniMAC (September 2023 to Date)
- Secretary - Search Committee on Appointment of College Finance Officer and Librarian, Dambai College of Education (September 2023 - December 2023)
- Member- Adhoc Committee on Strategic Planning, UniMAC (July 2023 – January 2025)
- Member/Secretary-Ad hoc Committee on Consolidation of Finance Directorate Units UniMAC (Feb 2023 - Date)
- Vice President - Ghana Association of University Administrators-UniMAC Chapter, (July 2022-July 2024)
- Member- Ad hoc Committee on Medical Policy, GIJ (March-April 2022)
- Member - Ad hoc Committee on Guidelines on Usage of Institutional Vehicles. GIJ (June 21-July 2021)
- Member- Board of Survey. GIJ (2020-2022).
- Audit Committee Member- Sefwi Wiawso Municipal Assembly Western North (2019 -2022)
- Audit Committee Member - Pru East District Assembly. Bono East Region (2017- 2022)
Interests
Reading research papers, Watching football, Participating in social and community work
Certification
- Member - The Institute of Chartered Accountants England and Wales (ICAEW) July 2023
- Business and Finance Professional Certificate (BFP) - ICAEW July 2023
- Member - The Institute of Chartered Accountants Ghana (ICAG) Sept 2014
Timeline
Acting Finance Officer
UniMAC - Institute of Journalism
03.2026 - Current
Senior Accountant, Financial Reporting and Budgeting
University of Media, Arts and Communication (UniMAC)
02.2023 - 02.2026
Internal Auditor, Head - Quality Assurance and Post Audit
Ghana Institute of Journalism
12.2020 - 01.2023
Accountant, (Head, Final Accounts)
University of Mines and Technology, Tarkwa
05.2018 - 11.2020
University Hall Bursar
University of Mines and Technology-Tarkwa
11.2012 - 04.2018
Audit Assistant/Supervisor
Osei-Afoakwa Consult Chartered Accountants
09.2010 - 10.2012
MBA - Accounting
Sunyani Technical University
Bachelor of Science - Accounting
University of Education
Higher National Diploma (HND) - Accounting
Sunyani Technical University