Ebenezer Mensah Manarh
ACCOUNTANT/INVESTMENT BANKER
Accra
Summary
My career objective is to use my knowledge and experience as an Accountant and a Credit Analyst to help corporate planning, growth and meeting corporate demands. I am a good communicator, innovative, analytical, and self-motivated individual with the ability to deliver results on time. A good team player, flexible, open to new ideas and resilient with people skills. I love listening to educative and constructive debates, reading, and watching movies.
I am a Certified Accountant and Credit Analyst with capabilities of preparing good and reliable financial statements and credit report, handling various forms of financial and credit transactions, providing my expertise in areas of management, investment, financing, and risk management decisions to help a company achieve its objectives. Key strengths include managing favorable working capital levels by ensuring excess cash is properly utilized and also ensuring there is always enough cash to settle regular expenses when they fall due, using Teksol and Zigloi banking software, creating accounting formulas in Microsoft excel to record and maintain up to date files for all forms of transactions. My knowledge of finance, risk management and cost management are important in advice when making strategic investment decisions, which ensures investment in only positive net present value projects.
Overview
12
12
years of professional experience
12
12
years of post-secondary education
Work History
Finance Manager
Fincap Securities Limited
Accra
10.2022 - Current
- Ensured all receipt vouchers, payment vouchers, and all other related documents are properly designated and filed for ease of reference.
- Ensured company maintains stated capital and liquidity levels required by Securities Industry Act 2019, Act 929
- Prepared annual budgets.
- Prepared monthly and quarterly management accounts as well as variance reports.
- Ensured Trust and client bank accounts are maintained separately from company's own bank accounts in accordance with Securities and Exchange Commission and Securities Industry Act 2019, Act 929
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Completed filings and upheld strict compliance with regulatory agencies and supervisors.
- Run company payroll
- Ensured all required tax returns are filed with Ghana Revenue Authority (GRA)
- Ensured only permitted drawings are made from Client trust accounts
- Ensured only permitted drawings are made from Company proprietary accounts.
- Ensure all client deposits are receipted and banked by next business day.
- Ensured all foreign currency dealings are in conformity with t exchange control regime of Bank of Ghana.
- Ensured all company cheque books, receipt books and other valuable documents are kept in safe custody under lock and key on office premises.
- Ensured all levies, management fees etc, are correctly billed and collected
- Ensured all client assets such as dividend payments, sale proceeds, interest payments and maturity payments are transmitted to clients timorously
- Coordinated and co-operated with internal and external auditors to finalize company accounts in timely manner.
- Lead implementation of external auditor's recommendations.
- Prepared monthly cash flow statement and statement of liquid funds for management.
- Kept up to date with company's accounting manual.
- Prepared and submitted monthly cash flow statement and statement of liquid funds to SEC no later than 10 days after end of preceding month.
- Prepare and submit quarterly financial statements to SEC no later than 10 days after end of preceding quarter.
- Prepared and submitted annual financial statements to SEC no later than 8 weeks after end of preceding year.
- Created organizational structures to improve accounting and finance functions.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Any other duties /tasks that may be assigned.
- Trained new and existing staff members in various financial procedures to prepare for job requirements
Finance Manager
Ashfield Investment Managers Ltd
Accra
10.2022 - Current
- Generated receipt vouchers for all inflow of monies ((clients, collective investment schemes (CIS) and proprietary funds))
- Generated payment vouchers for all money outflows (clients, collective Investment schemes and proprietary funds)
- Ensured all receipt vouchers, payment vouchers, and all other related documents are properly designated and filed for ease of reference.
- Prepared monthly bank reconciliation of bank and ledger accounts Ensured company maintains stated capital and liquidity levels required by Securities Industry Act 2019, Act 929.
- Prepared annual budgets.
- Prepared monthly and quarterly management accounts as well as variance reports.
- Ensured CIS / Trust and client bank accounts are maintained separately from company's own bank accounts in accordance with Securities and Exchange Commission and Securities Industry Act 2019, Act 929
- Ensured company files all its statutory obligations such as SSF, PAYE, SSNIT & Tier 2.
- Run company payroll.
- Ensured all required tax returns are filled with Ghana Revenue Authority (GRA)
- Ensured only permitted drawings are made from Client trust accounts.
- Ensured only permitted drawings are made from Company proprietary accounts.
- Ensured all client deposits are receipted and banked by next business day.
- Ensured all foreign currency dealings are in conformity with exchange control regime of BoG.
- Ensured all company cheque books, receipt books and other value documents are kept in safe custody under lock and key on office premises.
- Ensured all levies, management fees, are correctly billed and collected.
- Ensured all client assets such as dividend payments, sale proceeds, interest payments and maturity payments are transmitted to clients timeously.
- Coordinated and co-operated with internal and external auditors to finalize company accounts in timely manner.
- Lead implementation of external auditor's recommendations.
- Prepared monthly cash flow statement and statement of liquid funds for management.
- Kept up to date with company's accounting manual Prepared and submitted monthly cash flow statement and statement of liquid funds to SEC no later than 10 days after end of preceding month.
- Prepared and submitted quarterly financial statements to SEC no later than 10 days after end of preceding quarter.
- Prepared and submitted annual financial statements to SEC no later than 3 months after end of preceding year.
- Any other duties /tasks that may be assigned.
Senior Accounts/Finance Officer
IGS Financial Services
Accc
05.2020 - 09.2022
- Monthly financial reporting to Securities and Exchange Commission (SEC) in accordance with IFRS and other regulations.
- Assisted Financial Controller with monthly, quarterly, and yearly financial reporting using Sage evolution Accounting Software in accordance with IFRS, and regulatory requirements.
- Provided active support and assistance to t Financial Controller in completing audit and financial analyses and preparing associated documents, spread sheets, or supporting information.
- Managed invoice flow to and from business units for appropriate approval/authorization.
- Maintained comprehensive asset records with all complete documentation and reports for all periodic asset transactions.
- Liaised with and provide information to auditors as required.
- Monitored bank accounts, managed cash flow and undertook timely reconciliations.
- Verified details for upload onto Sage software.
- Prepared and paid withholding taxes and statutory deductions (SSNIT & PAYE).
- Prepared weekly redemptions and mobilization reports.
- Prepared reports to management on mobilization and liquidity requirement.
- Analyzed and researched reporting issues to improve accounting and operational procedures.
- Performed periodic budgeting and modelling to project monthly cash requirements and balance between liquidity and profitability.
- Trained new employees/Accounts Officers on accounting principles and company procedures.
- Supervised Accounts Officer.
- Assisted external audits.
- Maintained and updated fixed assets register.
- Withholding tax reporting and filing.
- Any other duties assigned by supervisor(s).
Accounts/Audit
Thriniti Consult
Accra
03.2015 - 05.2020
- Prepared financial statements for clients.
- Performed cost and revenue classification which is used to build up financial statements.
- Handled company registration requirements for clients.
- Recalculated amounts derived from calculations and included in financial statements.
- Check and inspect accuracy of all forms of accounts.
- Conducted audits of funds to meet proper accounting, reporting and disbursement requirements.
- Assisted auditor in developing timelines, budgets and audit plans for six assigned projects in 3 years.
- Prepared year-end journal entries to prepare for annual audit
Senior Credit Officer
DG - Capital (Microfinance)
Accra
08.2017 - 04.2020
- Coordinated operations across branch network to ensure that Institution's operational policy guidelines and procedures as well as Bank of Ghana directives are followed by branches.
- Ensured that correct book-keeping standards are maintained in accordance with banking laws and regulations.
- Ensured that fast and efficient services are extended to customers in respect of branch banking operations.
- Ensured that good cash management is maintained and that cash holding limits are adhered to.
- Ensured increase in productivity by setting goals in respect of key tasks.
- Ensured that cost reduction as measure for improved performance is diligently pursued.
- Ensured that review meetings are held with Branch Managers and targets agreed upon.
- Reviewed monthly returns / reports submitted by branches and assessed performance of branches as against budget.
- Prepared reports of branches activities to appropriate receiving authority
- Ensured that adequate system of control is in existence at branches.
- Investigated complaints of impropriety in respect of operations
- Facilitated provision of logistics and resources for smooth running of branches.
- Managed credit management function and oversee credit control function.
- Lead and motivated credit / marketing team to achieve sales targets.
- Provided monthly reports on Key Performance Indicators for unit.
- Managed relationships with clients to reduce exposure to potential bad debt.
- Implemented and maintained set of comprehensive Credit Risk Policies and Procedures.
- Introduced and evolved effective reporting and assessment tools to minimize risk. and proactively identify problem areas and customers.
- Prepared of cash forecasts including customer collections.
- Prepared monthly report on outstanding accounts and key performance indicators and to Management.
- Optimized credit approval and collection processes, improving operational efficiencies by over 90%
Branch Manager
Afro-Arab (Microfinance)
Accra
02.2015 - 07.2017
- .Developed new deposit and loan business.
- Provided superior level of customer relationship.
- Developed Branch Operating Plan and Budget.
- Promoted sales and services culture through coaching, guidance, and staff motivation.
- Responsible for building strong teams at branch level to ensure efficient output.
- Achieved branch target through demonstration of high sense of professionalism in performance of duties.
- Appraised performance of subordinates and advice on staff development needs
- Established and maintained professional relationship with clients
- Developed loan and other innovative service products in consultation with credit team.
- Assisted in review of all loan requests to ensure their viability and consistency with credit policy.
- Designed and established system operational procedure, reporting systems and internal control procedures that will ensure complete processing of all transactions.
- Submitted of weekly/monthly reports.
- Supported in ensuring that service operations and implementation procedures are consistent with regulatory requirements.
- Performed all other duties as may be assigned from time to time.
Acting Credit / Loan Manager
DG - Capital (Microfinance)
Accra
06.2014 - 02.2015
- Monitored Accounts Receivable portfolio for trends and warning signs.
- Maintained strong cash flow through efficient collection.
- Obtained security interests where necessary.
- Set and ensured compliance with corporate credit policy.
- Initiated legal or other recovery actions against customers who are delinquent.
- Built good relation between company and its clients amid challenge facing it.
- Motivated and lead staff for recovery amid crises.
Merchant / FI Support Representative
GHIPSS
Accra
09.2013 - 06.2014
- Trained and offered firsthand support to Financial Institutions.
- Installed e-zwich software and upgraded device software.
- Made e-zwich presentations to associations, organizations, and schools.
- Educated clients on use of e-zwich card.
- Marketed other payment systems such as ACH, CCC etc and EMV point of sale device to merchants.
- Made report on daily e-zwich transactions.
- Assisted various banks in enrolling students on e-zwich client cards.
- Achieved sales goals and service targets by cultivating and securing new customer relationships.
Credit / Loan Officer
DG - Capital (Microfinance)
Accra
10.2011 - 09.2013
- Solicited clients for loan.
- Guided clients through loan process.
- Verification of information given by loan client.
- Monitored clients for proactive identification of delinquency and to provide timely update to management for action.
- Originated, reviewed, processed, closed, and administered customer loan proposals.
- Maintained strict confidentiality of bank records and client information.
- Recommended loan approvals and denials based on customer loan application reviews.
- Developed strong relationships with customers through high levels of customer service.
- Monitored performance of existing loan portfolios to identify and address any issues.
- Originated, reviewed, processed, closed, and administered customer loan proposals.
Education
Chartered Accountant - Accounting, Finance And Business Management
Institute of Chartered Accountants, Ghana
Accra, Ghana 02.2014 - 05.2019
Bachelor of Science - Accounting
University of Professional Studies, Accra
Accra, Ghana 08.2011 - 05.2013
Diploma in Accounting - Accounting
University of Professional Studies, Accra
Accra, Ghana 09.2008 - 05.2010
High School Diploma -
Insaaniyya Senior High School,
Kasoa, Ghana 06.2004 - 05.2007
Skills
Regulatory Compliance
undefinedTraining Workshops Seminars
- Financial Modeling and Valuation Analyst - FMVA (2022)
- Financial Modelling - Benchmark Professional Institute (2015)
- Trained in Teksol Banking Software
- Trained in Zigloi Banking Software
Timeline
Finance Manager
Fincap Securities Limited
10.2022 - Current
Finance Manager
Ashfield Investment Managers Ltd
10.2022 - Current
Senior Accounts/Finance Officer
IGS Financial Services
05.2020 - 09.2022
Senior Credit Officer
DG - Capital (Microfinance)
08.2017 - 04.2020
Accounts/Audit
Thriniti Consult
03.2015 - 05.2020
Branch Manager
Afro-Arab (Microfinance)
02.2015 - 07.2017
Acting Credit / Loan Manager
DG - Capital (Microfinance)
06.2014 - 02.2015
Chartered Accountant - Accounting, Finance And Business Management
Institute of Chartered Accountants, Ghana
02.2014 - 05.2019
Merchant / FI Support Representative
GHIPSS
09.2013 - 06.2014
Credit / Loan Officer
DG - Capital (Microfinance)
10.2011 - 09.2013
Bachelor of Science - Accounting
University of Professional Studies, Accra
08.2011 - 05.2013
Diploma in Accounting - Accounting
University of Professional Studies, Accra
09.2008 - 05.2010
High School Diploma -
Insaaniyya Senior High School,
06.2004 - 05.2007
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