Hi, I’m
Augustine Yeboah Prah
Chartered Accountant (FCCA)
Tema
Summary
An astute finance professional with 16 years of hands-on experience in financial management and program leadership. Familiar with regulatory requirements and optimal approaches for keeping systems current and compliant. Forward-thinking leader responsive to changing demands.
Overview
10
years of professional experience
Work History
Goshen Porche Ranch LimitedAccra
Head of Finance
04.2022 - Current
Job overview
- Developed and implemented financial strategies to optimize cash flow, reduce costs, improve operational efficiency and increase profits.
- Managed and supervised the finance team including recruitment, performance reviews and appraisals.
- Prepared monthly management accounts with variance analysis for budgeting purposes.
- Created and maintained annual budgets, forecasts and cash flow projections.
- Analyzed financial data to identify trends in revenue, expenses, profitability and other KPIs.
- Provided timely advice on taxation matters such as VAT returns, corporation tax.
- Coordinated external audit activities ensuring accurate completion of year-end accounts within deadlines set by Ghana Revenue Authority.
- Collaborated closely with other departments such as HR, IT and operations to ensure alignment between business objectives and financial plans.
- Liaised with banks regarding financing options for new projects or investments.
- Identified potential areas for cost savings through process improvement initiatives.
- Negotiated terms of payment from suppliers to secure better discounts or favourable payment terms.
- Presented board meetings with up-to-date financial information enabling informed decision making.
- Evaluated budget plans and current costs to project trends and recommend updates.
Bullion City Limited
Finance Manager
06.2020 - 04.2022
Job overview
- Developed and managed financial plans for a variety of investments.
- Prepared financial documents such as budgets, forecasts and reports.
- Reviewed and analyzed budget variances to ensure accuracy of financial information.
- Conducted risk management assessments and created strategies to minimize potential risks.
- Provided guidance on accounting issues related to new business initiatives.
- Created monthly performance metrics that tracked key performance indicators.
- Implemented a system of internal controls that improved compliance with GAAP regulations.
- Managed payroll processing activities for multiple entities including tax filings.
Gold Coast RefineryAccra
Finance Manager
04.2018 - 06.2019
Job overview
- Drafted and reviewed policies and procedures for the finance department for board approval
- Prepared business plan and information memorandum for the purpose of raising funds both locally and internationally to support the operations of the entity.
- Reviewed and presented management accounts to the Board and Management Team.
- Ensured compliance with statutory requirements
- Prepared draft financial statutory financial statements.
- Co-coordinated external audits.
- Managed treasury to minimise or eliminate risks/costs and maximize returns especially those relating to forex.
- Directed internal audits involving review of accounting and administrative controls.
- Oversaw the preparation of budgets.
- Advised on investment activities and strategies.
Mohinani GroupAccra
Financial Controller
11.2015 - 03.2018
Job overview
- Prepared financial reports for various stakeholder needs
- Managed the preparation of the annual budget and forecasts.
- Provision of business and financial advisory support to the Hotel
- Liaised with financial institutions and shareholders in meeting the financing needs of the business
- Performed quarterly internal audit and operational review of the hotel and reported to the board
- Designed and implemented internal controls to safeguard shareholders’ interest and integrity of financial information.
- Facilitated the development of human resource of the finance department to ensure efficiency through regular training of staff.
- Coordinated the provision of information to external auditors for the annual audit
- Ensured compliance with statutory reporting requirements and tax filings
- Provided financial analyses as needed, for capital investments, pricing decisions and contract negotiations.
L'Oréal West Africa
Financial Controller
05.2014 - 10.2015
Job overview
- Prepared and controlled budgets.
- Provided finance and business expertise to the Business Team in ensuring that decisions made enhance shareholder value.
- Prepared and analysed monthly financial reports
- Approved POs and sales orders.
- Provided financial insights to the Marketing & Sales departments.
- Prepared product profitability analysis.
- Prepared product costing and pricing.
- Supervised credit control.
- Liaised with external auditors on certain aspects of the audit
- Liaised with business partners such as suppliers, customers, banks and statutory bodies (Revenue Authorities.
Education
Association of Chartered Certified Accountants United Kindgom
06-2008
Oxford Brookes UniversityUnited Kingdom
Bachelor of Science
01-2008
Accra Business SchoolAccra
MBA from Business Administration
Skills
- Financial Reporting & Analysis
- Budgeting & Forecasting
- Internal Controls & Governance (Sarbanes-Oxley, COSO)
- Risk Management & Compliance
- Treasury Management
- Financial Modeling
- GAAP & IFRS
- Ghanaian Tax Laws & Regulations
- Leadership & Team Management
- Communication & Presentation Skills
- MS Office Suite (Excel, Word, PowerPoint)
- JD Edwards, Tally ERP, Orion, SAP Business One, Forward ERP, Magnitude, Compass
Timeline
Head of Finance
Goshen Porche Ranch Limited
04.2022 - Current
Finance Manager
Bullion City Limited
06.2020 - 04.2022
Finance Manager
Gold Coast Refinery
04.2018 - 06.2019
Financial Controller
Mohinani Group
11.2015 - 03.2018
Financial Controller
L'Oréal West Africa
05.2014 - 10.2015
Association of Chartered Certified Accountants
Oxford Brookes University
Bachelor of Science
Accra Business School
MBA from Business Administration
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