Ebenezer Adu Nyarko

I. Manpower Management

• Supervise all finance staff of GTI and its subsidiaries
• Responsible for hiring/evaluating all finance staff and other staff as required.
• Assess the training requirements for the Finance Department as a whole and for its individual employees.
• Develop a capacity building plan for the Department and its individual employees
• Preparation of staff to assume management positions.
• Conduct performance evaluations of the staff reporting to him/her and verify that the supervisory personnel also perform evaluations of their staff in a timely manner according to established procedures

II. Accounting and reporting

• Manage generation of financial statements according to local accounting standards.
• Manage generation of financial statements according to GAAP or IFRS
• Manage timely reporting to relevant local authorities (GRA, SSNIT, others)
• Manage timely reporting to the Group Chief Executive Officer, the Board Chairman and the entire Board as required
• Manage timely reporting to creditors and donors

III. Conduct financial analyses

• Create/develop appropriate reports: financial ratios; liquidity report; currency gap report; various credit reports; breakdown by subsidiaries; breakdown by products; plan-fact comparison; historic development; others as required/appropriate
• Analyze financial data and develop financial analysis as a key management tool with the aim of optimizing GTI’s activities: identify risks, inefficiencies, negative tendencies, and propose measures that reduce risks, improving efficiency and investment opportunities and related risks

IV. Creating/modifying regulations, procedures for finance activities

• Create/modify procedures such that they are low-risk and efficient
• Analyze existing procedures for adequacy and making changes, if necessary

V. Compliance.

• Ensure compliance of GTI’s finance activities with policies, procedures, plans and agreements; decisions of affiliate governing bodies.
• Maintain good coordination with Holding, subsidiaries and governing bodies.
• Ensure compliance of GTI with financial covenants in agreements with creditors and investment donors

VI. Treasury and liquidity management

• Create cash flow forecasts
• Ensure availability of sufficient resources for operations.
• Ensure investment policy follows ALCO guidelines (Asset Liability Committee) and GTI policy
• Responsible for ensuring all financial conditions are met as required by creditors, banks, donors for all transactions.

VII. Planning, budgeting (together with the Management Team)

• Manage the planning and budgeting process of GTI according to guidelines set by BOD
• Participate in completion of business plans for expansion into new investments

VIII. Coordination of external audit

• Act as the coordinator and main contact person with external auditors

IX. Manage relationship with Tax Authorities

• Address tax issues and define a tax strategy for the company

X. Participation in general management of GTI

• As a member of the Management Team/Board, participate in GTI’s general management as defined by the Charter and the Regulation on Management Team/Board (if existing)
• Be informed about all important activities and developments at GTI
• Keep all Management Team/Board members informed about relevant issues/developments in GTI’s finance activities and department.
• Present relevant Finance issues to the Management Team/Board for information, discussion, decision making.
• Participate/vote in decision-making on relevant “Finance” and “Non-Finance” issues

XI. Procurement

• To participate in the procurement committee activities that includes purchase and maintenance of all fixed assets that should be carried out in compliance with GTI policies
• Ensure maintenance of a comprehensive fixed asset register.

XII. Insurance

• Carry out a survey of insurance policies and annually review all the insurance policies in line with the administrative procedures.
• Ensure that fixed assets, liquid assets, personnel and other activities are insured in accordance with policy.
• Review all insurance policies annually and ensure proper purchasing procedures are followed in selecting policies

Manannagement

• Maintain a documented system of accounting policies and procedures across the Group and West Africa Region ( Ghana, Guinea, Ivory Coast & Burkina Faso)
• Manage outsourced functions of the Group
• Oversee the operations of the Group's finance department, including the design of an organizational structure adequate for achieving the department's goals and objectives
• Manage, train and guide accounting staff achieve company objectives

Funds Management

• Forecast cash flow positions, related borrowing needs, and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
• Maintain banking relationships
• Assist in determining the company's proper capital structure
• Arrange for equity and debt financing as and when needed
• Manage invested funds

Budgeting

• Manage the preparation of the company's budget
• Report to management on variances from the established budget, and the reasons for those variances

Financial Planning & Analysis

• Engage in ongoing cost reduction analyses in all areas of the company
• Engage in benchmarking studies to establish areas of potential operational improvement
• Interpret the company's financial results to management and recommend improvement activities4
• Review company bottlenecks and recommend changes to improve the overall level of company throughput
• Assist in the determination of product pricing in relation to features offered and competitor pricing
• Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis
• Create additional analyses and reports as requested by management

• Preparing yearly Master Budget
• Preparing Quarterly Management Accounts and Budget Monitoring Reports to ensure fiscal responsibility
• Prepared and analyzed financial statements to identify potential areas of cost savings.
• Fixed Assets Management
• Payroll Management
• Oversight Responsibility of the Accounting Information System of the Company
• Supervising Monthly Reconciliation
• Managing Account Receivables
• Control and Management of Statutory Payments
• Reviewing and Maintaining sound Accounting Policies and Procedures
• Provided support for the development, implementation, and maintenance of internal control policies and procedures.
• Facilitated the annual audit process by providing requested documentation in a timely manner to external auditors.
• Provided training for staff members on proper use of accounting software programs.
• Participated in special projects related to finance operations as assigned by upper management.
• Assisted in preparing presentations for board meetings regarding financial performance indicators.
• Developed long-term strategies for improving overall financial performance across the company.
• Generated ad-hoc reports upon request from various stakeholders within the organization.

• Maintaining accurate Company Accounts
• Assisting in the preparation of end of year Accounts and filing of Company's Returns
• Undertaking Monthly Bank Reconciliation
• Processing Customer Invoices and applying payments to Customers' Accounts
• Maintaining Assets Register
• Payment of Monthly Statutory
• Ensured compliance with all applicable laws, regulations, policies, procedures, and standards of generally accepted accounting principles.
• Reconciled bank statements to general ledgers on a monthly basis.
• Advised senior management regarding complex accounting matters such as taxation issues or capital investments.
• Created new procedures for more efficient workflow within the department.
• Establishing and Maintaining good Internal Controls
• Maintained detailed records of account transactions, including invoices, payments, and journal entries.
• Continuous Evaluation of the Accounting Information needs of the company

• Keeping proper books of accounts for the company
• Undertaking sales and distribution supervision and management of a subsidiary company.
• Managing inventories of the subsidiary company
• Undertaking market research assignments
• Undertaking administrative duties

• Undertook a review of the system Control Procedures in the Revenue Section
• Review of Control procedure over procurement and general Expenditure
• Examination of Receipt books, summary sheets and Cash Book
• Store Audit of purchased items to effect payment
• Calculating Staff overtime for payroll preparation
• Checking of Fuel Coupons for payment
• Manpower Audit for Yearly Appraisals