Felix Azumah
Accra
Summary
Thorough Audit Manager with strengths in financial analysis and risk management to prevent fraud. Knowledgeable in implementing internal controls and audit practices. Seeking an opportunity with an organization that values ethics and integrity. Hardworking Internal Auditor with proven success in audit preparation, financial reporting risk management and program management. Bringing expertise in the manufacturing industry. Recognized by executive staff as a dependable leader with exceptional problem-solving skills, proficient in maximizing resources and the ability to motivate and encourage others. Able to enact proactive and logical strategies to drive success and ensure compliance with applicable laws and regulations.
Overview
22
22
years of professional experience
Work History
Internal Audit Manager
Bulk Oil Storage & Transportation Company Ltd
Accra
04.2020 - Current
- Conducted risk assessments to identify areas of potential non-compliance with internal policies and procedures.
- Developed audit plans for each engagement, establishing the scope, objectives, and timeline.
- Evaluated the adequacy of management's internal control structure over financial reporting and operational activities.
- Assessed compliance with applicable laws and regulations.
- Analyzed business process flows to identify weaknesses in existing systems or procedures.
- Performed detailed testing of accounting records to ensure accuracy of financial statements.
- Collaborated with external auditors to ensure seamless transition during year-end audits.
- Documented work performed as part of a continuous quality assurance program.
- Interacted with various levels of staff within the organization to obtain information necessary for completion of engagements.
- Ensured all audit engagements were conducted in accordance with professional standards.
- Managed multiple concurrent projects while meeting tight deadlines.
- Performed audits of operational and financial areas to check compliance.
Fuel Trade Manager
Bulk Oil Storage & Transportation Company Ltd
05.2015 - 03.2020
- Identified and evaluated potential suppliers, negotiating contracts and terms of agreement.
- Developed strategies to minimize supply chain costs while maximizing quality of goods.
- Maintained relationships with current suppliers to ensure timely delivery of materials.
- Analyzed market trends, customer requirements, and competitor data to identify new business opportunities.
- Negotiated pricing agreements with vendors to maximize profits and reduce costs.
- Reviewed purchase orders for accuracy and compliance with company policies and procedures.
- Monitored inventory levels to ensure adequate stock is available for production needs.
- Coordinated shipments between suppliers and customers according to established timelines.
- Implemented logistics solutions to improve efficiency in the supply chain process.
- Resolved discrepancies related to product quality, quantity, or cost issues with vendors.
- Ensured compliance with import and export laws and regulations when dealing with international trade partners.
- Prepared reports on procurement activities such as budgeting, forecasting, vendor performance evaluation.
- Performed risk assessments of potential vendors prior to entering into a contract.
- Forecasted generation costs, market prices and demand to make accurate trading decisions.
Audit Officer
Bulk Oil Storage and Transportation Ltd company
06.2007 - 04.2015
- Reviewed financial statements and documents for accuracy.
- Conducted internal audits of company operations to identify potential risks and areas of improvement.
- Prepared detailed audit reports outlining findings and recommendations.
- Investigated discrepancies in financial records, transactions, and procedures.
- Provided advice on compliance with internal control policies and procedures.
- Assessed the adequacy of internal controls to ensure protection of assets against fraud or misappropriation.
- Identified opportunities for process improvements to enhance efficiency and effectiveness.
- Collaborated with other auditors in developing audit plans for assigned projects.
- Verified that transactions were properly authorized, recorded, classified, summarized, analyzed, and reported accurately.
- Drafted responses to inquiries from external auditors regarding internal control matters.
- Advised management on best practices in financial reporting standards.
- Lead a team to conduct a special projects related to risk assessment, fraud prevention, regulatory compliance.
- Assisted management in implementing corrective actions based on audit findings.
- Performed follow-up reviews to ensure implementation of agreed upon corrective action plans.
- Provided training sessions for staff members on topics such as internal controls and risk mitigation strategies.
Senior Audit Assistant
Kufour & Associates Accounting Fiem
04.2002 - 05.2007
- Reviewed financial documents for accuracy and completeness.
- Prepared audit working papers and schedules.
- Analyzed internal control systems to identify potential weaknesses.
- Assisted with the preparation of audit reports and management letters.
- Performed detailed analysis of balance sheet and income statement accounts.
- Developed test plans to ensure compliance with accounting standards.
- Conducted interviews with personnel to understand operations and procedures.
- Evaluated the adequacy of internal controls over financial reporting processes.
- Documented audit findings in accordance with professional standards.
- Participated in planning meetings to discuss scope, objectives, and timeline of audits.
- Identified areas for process improvement and cost savings opportunities.
- Generated reports summarizing audit results for senior management review.
Education
ICAG -
Institute of Chartered Accountants
11-2015
Masters in Finance
Central University
Accra, Ghana06.2012
Bachelor of Science - Accounting And Technology
KN University of Science & Technology
Kumasi07-2007
Skills
- Trade Show Marketing
- Cross-functional team leadership
- Process Development
- Meeting leadership
- Operations Management
- Price Analysis
- Critical Thinking
- Contract Negotiation
- Market Trends Analysis
- Regulatory Compliance
- Cost Evaluation
- Attention to Detail
- Professional Demeanor
- Time management abilities
- Computer Skills
- Self Motivation
- Reliability
- Analytical Skills
- Team Leadership
- Continuous Improvement
- Derivatives trading
- Teamwork and Collaboration
- Stock Trading
- Effective Communication
- Problem-solving aptitude
- Market Trend Analysis
- Data Analytics
- Audit Planning
- Bank Reconciliation
- Risk Management
- Fixed Assets Management
- Cash Flow analysis
- Payroll Management
- Debt management
- Corporate Governance
- Internal Controls
- Budget Preparation
- Balance sheets
- Audit management
- Asset Utilization
Languages
English
First Language
English
Beginner
A1
Accomplishments
- Created highly effective new program that significantly impacted efficiency and improved operations.
- Consistently maintained high customer satisfaction ratings.
Timeline
Internal Audit Manager
Bulk Oil Storage & Transportation Company Ltd
04.2020 - Current
Fuel Trade Manager
Bulk Oil Storage & Transportation Company Ltd
05.2015 - 03.2020
Audit Officer
Bulk Oil Storage and Transportation Ltd company
06.2007 - 04.2015
Senior Audit Assistant
Kufour & Associates Accounting Fiem
04.2002 - 05.2007
Masters in Finance
Central University
ICAG -
Institute of Chartered Accountants
Bachelor of Science - Accounting And Technology
KN University of Science & Technology