FOSTER BARIMAH ASUMADU
ACCOUNTANT/AUDITOR
ACCRA,GHANA
Summary
Hardworking Audit Manager with over a decade of work experience, skilled in financial assessments and risk management to prevent fraud. Experienced with developing internal controls and audit policies. Results-driven and dynamic team player who is also good at conflict resolution.
Overview
21
21
years of professional experience
1
1
Certification
1
1
year of post-secondary education
1
1
Language
Work History
Audit Manager
PBC LIMITED
09.2023 - Current
- Enhanced audit efficiency by streamlining processes and implementing new auditing software.
- Reduced financial discrepancies by conducting thorough internal audits and identifying areas for improvement.
- Enhanced audit efficiency by implementing risk-based audit strategies and streamlining processes.
- Strengthened the company's overall control environment by identifying weaknesses and recommending corrective actions.
- Reduced financial discrepancies through a thorough analysis of company financial statements and records.
- Managed a team of auditors, ensuring accurate and timely completion of audit projects.
- Implemented risk-based auditing strategies, resulting in better identification of potential issues.
- Increased compliance with regulations through regular monitoring of internal controls and procedures.
- Developed comprehensive audit plans to address identified risks, ensuring timely and effective execution.
- Reduced financial discrepancies through a thorough analysis of company financial statements and records.
- Collaborated with management to develop actionable recommendations for improving internal controls and processes.
Principal Audit Officer
PBC LIMITED
05.2013 - 08.2023
- Enhanced audit efficiency by streamlining processes and implementing automated auditing tools.
- Reduced financial discrepancies through diligent review of financial statements and identification of errors.
- Assisted in the development of risk assessment strategies, resulting in improved audit focus and resource allocation.
- Collaborated with cross-functional teams to address internal control issues and improve overall corporate governance.
- Conducted comprehensive audits for various departments, ensuring compliance with regulatory requirements and industry standards.
- Prevented incidents of fraud by consistently evaluating internal controls and recommending necessary improvements.
- Facilitated smooth communication between management and staff during audits, fostering a culture of transparency and accountability.
- Identified areas of operational inefficiency, proposing targeted solutions that led to significant cost savings for the company.
Audit Officer/Snr. Audit Officer
PBC LIMITED
01.2008 - 04.2013
- Enhanced audit efficiency by streamlining processes and implementing automated auditing tools.
- Reduced financial discrepancies through diligent review of financial statements and identification of errors.
- Assisted in the development of risk assessment strategies, resulting in improved audit focus and resource allocation.
- Collaborated with cross-functional teams to address internal control issues and improve overall corporate governance.
Accounts Clerk
Clay & Metal Products
04.2003 - 12.2005
- Streamlined accounts payable processes by implementing an efficient digital filing system.
- Improved invoice processing times with the utilization of accounting software for accurate data entry.
- Reduced discrepancies in financial reports by conducting thorough account reconciliations and adjustments.
- Enhanced financial accuracy, maintaining detailed records of all transactions and bank deposits.
Education
Chartered Accountant (ICAG) - Accounting
The Institute of Chartered Accountants (Ghana)
Accra06.2011
DIPLOMA IN BUSINESS STUDIES (ACCOUNTING OPTION) - ACCOUNTING
TRANS AFRICA COLLEGE (ACCRA TECHNICAL UNIVERSITY)
ACCRA 06.2001 - 05.2002
Skills
- Performance Improvement
- Risk Management
- Root Cause Analysis
- Report Preparation
- Internal Controls
- Corrective Action Implementation
- Financial Statement Review
- Analytical Skills
- Problem-Solving Skills
- leadership Skills
Affiliations
- Member - The Institute of Chartered Accountants (Ghana)
Certification
ICAG - Institute of Chartered Accountant
learning and listening to music
I love music so much so I like learning, listening, and sometimes trying to compose some music at my leisure hours.
Additional Information
I have a total of Twenty One (21) years of work experience, serving in various positions and rising from the lowest rank of a clerk to my current position as the Head of the Internal Audit of PBC Limited.
Languages
English
Quote
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Accomplishments
- Supervised a team of 25 staff members.
- Overall Level I Best Student in November 2006 (ICAG).
- Starting as an Audit Assistant and rising through the ranks to become the Head of Audit of PBC Ltd.
- Successful completion of all tasks assigned and presenting reports on time.
Interests
Interested in learning and consistently improving to achieve higher heights
Teaching Music and Playing Piano
I am the Music Director of my Church's Choir, a position which I have successfully managed for over two decades.
Timeline
Audit Manager
PBC LIMITED
09.2023 - Current
Principal Audit Officer
PBC LIMITED
05.2013 - 08.2023
Audit Officer/Snr. Audit Officer
PBC LIMITED
01.2008 - 04.2013
Accounts Clerk
Clay & Metal Products
04.2003 - 12.2005
DIPLOMA IN BUSINESS STUDIES (ACCOUNTING OPTION) - ACCOUNTING
TRANS AFRICA COLLEGE (ACCRA TECHNICAL UNIVERSITY)
06.2001 - 05.2002
Chartered Accountant (ICAG) - Accounting
The Institute of Chartered Accountants (Ghana)
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