Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Hi, I’m

Foster Kofi Awudi

Accra
Foster Kofi Awudi

Summary

Forward-thinking team leader skilled at operating departments efficiently to meet goals. Successful background matching employees with roles for maximum performance. Proactive and hardworking individual focused on continuous operational improvement.


Business-minded Finance Manager promoting more 6 years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.

Overview

15
years of professional experience

Work History

National Health Insurance Authority, NHIA

Senior Finance Manager
03.2022 - Current

Job overview

  • Assist in preparation of NHIA allocation formulae (Budget) for parliament approval
  • Supervises Finance Staff in their various roles
  • Trained new and existing staff members in various financial procedures to prepare for job requirements.
  • Executed vendor setup in Oracle Financial and payment, administration of bank accounts and account reconciliations.
  • Created documents to display financial reports and data using Oracle.
  • Managed tracking 170 District offices and headquarters expenses.
  • Researched and drove integration of claims software to increase efficiency of accounting systems.
  • Created organizational structures to improve accounting and finance functions
  • Trained new and existing staff members in various financial procedures to prepare for job requirements
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making

National Health Insurance Authority, NHIA

Finance Manager
11.2019 - 03.2022

Job overview

  • Trained new and existing staff members in various financial procedures to prepare for job requirements.
  • Supervises over 30 Finance Staff in their various roles
  • Created organizational structures to improve accounting and finance functions.
  • Mitigated process gaps and managed financial operational functions.
  • Reviewed documentation and identified financial discrepancies where applicable

National Health Insurance Authority, NHIA

Senior Accounts Officer
09.2015 - 11.2019

Job overview

  • Identify areas of risk or noncompliance and shows initiative in driving for resolution
  • Evaluated and improved accuracy and completeness of financial records.
  • Monitor budgetary performance and prepares Budget variance analysis for management consideration
  • Establish procedures for collecting and troubleshooting data (General Ledger) to ensure reliability of financial reports
  • Proactively identify areas for performance or process improvement, recommending actions and positively contributing to implementation of changes
  • Monitor and analyze provident fund returns and match against benchmark returns on market and advise management accordingly
  • To carry out analytical review of financial data and to also run component cost analysis on claims and to advise management with key trends for decision making

National Health Insurance Authority, NHIA

Compliance / Quality Assurance Officer
06.2014 - 09.2015

Job overview

  • Supervise utilization of USAID budget for quality assurance work across country
  • Conducted evaluations to identify weak areas and identify problematic issues while promoting corrective methods.
  • Resolved issues efficiently and built excellent client rapport, which led to enhanced customer satisfaction ratings.
  • Conduct Compliance / Clinical audit in accordance with international standards and protocols for healthcare facilities across Country to achieve planned audit objective
  • Report Clinical Audit findings and make recommendations to key stake holders to communicate results and effect change when necessary.

National Health Insurance Authority, NHIA

Senior Audit Officer
06.2010 - 06.2014

Job overview

  • Assist in development and implementation of audit strategy to evaluate and contribute to improve governance, risk management and control processes in NHIA
  • Plan statutory, specific and special audits to determine whether assets organization is protected, controlled and provide value to organization
  • Conduct audit in accordance with international standards to achieve planned audit objective
  • Report audit findings and make recommendations to key stake holders to communicate results and effect change when necessary
  • Conduct follow-ups or prepare status reports to ensure that appropriate actions have been taken by management in timely manner
  • Quickly learned new skills and applied them to daily tasks, improving efficiency and productivity.
  • Proven ability to learn quickly and adapt to new situations
  • Used critical thinking to break down problems, evaluate solutions and make decisions
  • Demonstrated strong organizational and time management skills while managing multiple projects

Bani Investments Limited, University of Ghana, Legon

Senior Accountant
10.2008 - 06.2010

Job overview

  • Maintenance and safeguarding of the assets of the company
  • Ensuring that financial records of the company are properly maintain
  • Supervise the preparation of monthly bank reconciliation statements
  • Responsible for the preparation of staff payroll, and prompt filling statutory deductions
  • Managed the company’s Tax activities to ensure compliance with all administrative and statutory matters
  • Liaising with our bankers on all financial transactions and dealings
  • Preparing monthly management and end of year financial reports.
  • Updated general ledger with latest entries.

Education

Coventry University
UNITED KINGDOM

MBA from FINANCE
07.2014

University Overview

EC Council University
United State

Certified Ethical Hacker from Certified Ethical Hacker (CEH)
11.2013

University Overview

University of Cape Coast
GHANA

B.Ed Social Science (Accounting Option) from Social Science (Accounting Option)
05.2007

University Overview

Keta Secondary School
KETA

Senior Secondary School Certificate from Business
06.2001

University Overview

Skills

  • COMPUTER SKILLS
  • Good working Knowledge in QuickBooks Enterprise Solutions
  • Good working Knowledge in Oracle Financial Accounting Software
  • High computer proficiency in MS Word and Excel, also knowledgeable in Audit Command Language (ACL) for data extraction & analysis
  • Financial Institution Programs
  • Customer Financing
  • Customer Satisfaction
  • Lender Relationships
  • Skilled in Oracle Financial software
  • Financial analysis
  • Coaching and training
  • Written and interpersonal communication
  • Data trending

Accomplishments

Accomplishments
  • March 2022 - Training on FinTech @ Israel
  • October, 2016 - Budgeting and Financial Analysis
  • September, 2014 – Evidence Gathering Techniques
  • November, 2014 - Executive Leadership Training
  • May 2013 - ITIL Foundation Certification
  • September, 2012 - Auditing Oracle Database
  • November, 2011 - Enterprise Risk Management
  • November, 2010 - Internal Audit / Management Assurance

Timeline

Senior Finance Manager
National Health Insurance Authority, NHIA
03.2022 - Current
Finance Manager
National Health Insurance Authority, NHIA
11.2019 - 03.2022
Senior Accounts Officer
National Health Insurance Authority, NHIA
09.2015 - 11.2019
Compliance / Quality Assurance Officer
National Health Insurance Authority, NHIA
06.2014 - 09.2015
Senior Audit Officer
National Health Insurance Authority, NHIA
06.2010 - 06.2014
Senior Accountant
Bani Investments Limited, University of Ghana, Legon
10.2008 - 06.2010
Coventry University
MBA from FINANCE
EC Council University
Certified Ethical Hacker from Certified Ethical Hacker (CEH)
University of Cape Coast
B.Ed Social Science (Accounting Option) from Social Science (Accounting Option)
Keta Secondary School
Senior Secondary School Certificate from Business
Foster Kofi Awudi