Summary
Overview
Work History
Education
Skills
References
Affiliations
Training
AREA OF COMPETENCE
Timeline
Manager
HERMAN NII YEBOAH TETTEY

HERMAN NII YEBOAH TETTEY

Accountant
Achimota

Summary

Senior Accountant with over 10 years of experience in Financial Reporting, Auditing, tax compliance and Administration. Proving track records in delivering high quality of budgeting, risk mitigation and financial analyses. Expertise in developing robust internal control systems and procedures. Complemented by strong communication and team work. Ready to contribute technical knowledge to a dynamic and innovative organization.

Overview

18
18
years of professional experience

Work History

Assistant Group Accountant

Emery Invest
05.2024 - Current
  • Prepares and presents accurate and timely Management Accounts (Including reporting on actuals and Budgeted figures) for the company and its affiliates and provide variance analyses for effective decision making.
  • Prepared and analysed monthly, quarterly, and annual financial reports, budgets and monitored financial performance against budgets, identifying trends and variances which lead to a reduction of operational cost.
  • Reviews all financial plans and budgets regularly to look for cost reduction opportunities.
  • Filing and Payments of Statutory Obligations - VAT, PAYE, NHIL GETFL, Withholding Taxes, TIER I, TIER 2. TIER 3, Corporate Tax, including Company’s Annual Returns with GRA.
  • Processing of Payroll, Payment of Staff Salaries, and Other Staff Related Benefits for the company and its affiliates
  • Management of Vendors, Government Agencies & Suppliers' Accounts, and their reconciliation. (Account Receivable and Payable Operations)
  • ACCOUNTING AND AUDIT MANAGEMENT
  • RISK AND COMPLIANCE
  • Complied with existing Finance policies and ensured adherence and training of the policy to team members
  • Prepares and post monthly accruals, prepayments, and other journal entries.
  • Analyses of financial data to identify trends and patterns.
  • Timely reconciliation of Bank Accounts and other Ledgers for accurate reporting.
  • Supervision of Payments, Procurement, Housekeeping, Accounts, Stores, F & B Dept., Laundry, Maintenance, and Front Office in our Hotel business.
  • Accounting and audit assignments of affiliate companies.
  • Assists with information for both Internal and External Audits.
  • Ensures compliance with financial policies, procedures, and regulations.

Finance and Administrative Manager

Initiative Development FNGO
05.2021 - 05.2024
  • Reduced monthly close time by 15% by streamlining accounting books and systems, and reconciliation processes leading to improved efficiency and reduced error, developed and implemented financial policies, procedures, and controls.
  • Managed company bank accounts, cashflows and investments/treasury and ensured an increment in investment by 20%.
  • Managed donor proposals/reports and periodic financial statement to donors.
  • Ensured Timely reporting on BOG prudential returns and other statutory.
  • Managed the Human Resource in the organisation which includes review of Job Descriptions, staff appraisals, review of staff manuals, recruitment, promotion, training and development and payroll administration which increased employee satisfaction by 30%
  • Managed Administrative and Logistic which includes transportation, office suppliers, Document management, utilities, Rent Procurement and Fixed Assets.
  • Managed and maintained financial database to ensure accuracy and consistency.

Audit Supervisor/Team Lead

Ceresys Associate – Contract
08.2020 - 11.2020
  • Undertook a Statutory Audit on Ghana Water Company.
  • Prepare audit planning memorandums for assigned audit engagements, wrote draft audit reports in a clear, concise and timely manner including implementable recommendations which have been discussed with and agreed by the Auditee

Snr Internal Control Officer

Ideal Finance Ltd
07.2017 - 10.2019
  • Conducted thorough risk assessment, identifying control weakness and provided actionable recommendation to enhance internal control.
  • Periodically conduct detailed reviews of the company’s financial statements and the supporting notes and schedules to ascertain the fairness of balances of accounts as presented and in conformity with IFRS
  • Assessed the extent to which assets are accounted for and safeguard against losses.
  • Supervised Payroll for over 200 staff and ensured accurate deduction and timely Payment PAYE, SSNIT, Withholding tax etc.
  • Ensured that reliable records form the basis for the preparation of appropriate financial statements
  • Carried out special review and investigations on accounting, Human Resource and Operations with the view of minimizing weakness.
  • Supervised monthly accounting journals including prepayments, accruals, amortization and depreciation.
  • Liaised with External Auditors and Other Regulators and ensured that appropriate actions were taken on reported audit findings.
  • Conduct financial, operational and compliance audits in accordance with prescribed audit standards and ensure that statutory regulations, rules, policies and agreements are adhered to.

AUDIT SENIOR/ACCOUNTANT

AKA & Partners Charted Accountants
01.2016 - 07.2017
  • Successfully completed audits for clients, uncovering potential financial anomalies.
  • Monitored work and ensured compliance with relevant laws and regulations, compliance with established policies, plans and procedures
  • Examined company account and financial control systems.
  • Checked that financial reports and records are accurate and reliable.
  • Ensured that assets of clients are safeguarded against fraud
  • Lead and executed end to end audit engagements and ensured audit compliance with audit methodology and standards.
  • Prepared report, commentaries, financial statements and other accountancy jobs for client.
  • Liaised with managerial staff and presented findings and recommendations.
  • Ensured procedures, policies, legislation and regulations are correctly followed and complied with.
  • Ensured all accounting were done according to Financial Reporting Standards (IFRS, IAS, GAP)

FINANCE AND ADMINISTRATIVE MANAGER

N&E Hellas Services Ltd
09.2013 - 01.2016
  • Developed and implemented a budget system, improving accuracy and forecasting capabilities.
  • Prepared Petty Cash Book, Journals, Stores Ledger, Purchases, PPE Schedule, Payroll Administration and all Statutory Obligations which includes payment of SSNIT Contribution, PAYE, VAT/NHIL, Quarterly Income Tax and Annual Returns.
  • Responsible for the preparation of financial report and management account.
  • Prepared Bank, Debtor and Creditors Reconciliation.
  • Prepared and Issued invoice to client, follow up acceptance of invoice and ensures prompt payment.
  • Ensured that Debtors Management and Credit Controls systems were adhered to.
  • Assisted external auditor on statutory audit and Liaised with the bankers and tax authorities.
  • Developed, improved, and reviewed administrative system policies and procedures.
  • Supervised planning, and scheduling of meeting, interview and orientation.
  • Charged with the supervision of day-to-day activities and administrative function and managed staff, logistic and fleet of cars.

AUDIT SENIOR

Labban Hyde Chartered Accountants
03.2008 - 08.2013
  • Planned assignment to make sure audit staff are fully aware of the client’s business and relevant issues.
  • Collected and reviewed financial account and other operational data.
  • Ensured compliance with established Internal Control procedures by examining record, report, operating practice and documentation.
  • Verified assets and liabilities by comparing items to documentation and performed other accounting jobs.
  • Prepared special audit and control report by collecting, analysing, and summarizing operating information and trend.
  • Gather, prepare, and analysed data during the pre-audit phase.
  • Selected samples of business areas and accounts for testing.
  • SOME JOBS UNDERTAKEN
  • Ghana Broadcasting Corporation 2008 to 2012
  • Ghana Carton Boxes Manufacturing Company
  • Bam International 2010 and 2011
  • Associate for Change (NGO)
  • The Light Academy
  • Anglo Rural Bank
  • Assemblies of God Ghana Head Office
  • Ghana Water Company Ltd.
  • Walltech Ghana Constructions
  • United Way Ghana
  • Methodist Day JHS
  • Royal Aluminium Limited
  • Casa Trasacco Limited
  • Micheletti & Company Limited
  • Hubbins Micro Finance Ltd.
  • Ghana Heavy Equipment Ltd

Accounts Officer

Globiz Institute of Business Technology
11.2007 - 07.2008
  • Prepared VAT Return Form
  • Prepared SSNIT and IRS monthly returns
  • Staff Payroll Administration
  • Handled Petty Cash and the main Cash Book
  • Bank Deposits
  • Prepared Bank Reconciliation
  • School Fees Invoicing and Billing
  • Processing of procurements
  • NATIONAL SERVICE

Education

Institute of Charted Accountant Ghana (ICA)

MBA - Finance

Sikkim Manipal University Ghana
01.2016

BBA - Accounting

Methodist University College Ghana
01.2007

Advance Business Certificate Examination - undefined

Top Accountancy and Secretarial
01.2002

SSCE - Accounting Option

Accra Academy Secondary School
01.1998

Skills

  • Microsoft office suite, Proficient in Tally software, Peachtree, QuickBooks, Private Company Audit System (PCAS), Golddisc, Ambo, and LPF
  • Bank reconciliation
  • Payroll processing
  • Accounts receivable management
  • Cash flow management
  • Audit coordination
  • Management accounting
  • ERP system proficiency
  • Internal controls
  • Intercompany transactions
  • International financial reporting standards
  • Consolidation accounting
  • Tax compliance
  • Fixed assets management
  • Income statement analysis
  • Variance analysis
  • Year-end closing
  • Accounts payable management
  • Month-end closing
  • General ledger maintenance
  • Financial statement preparation
  • Key performance indicators monitoring
  • Accounting and bookkeeping
  • Time management
  • Attention to detail
  • Account reconciliation processes

References

Available on request.

Affiliations

  • Institute of Internal Auditors (IIA) Member - Corporate Governance 2021
  • Institute of Directors Ghana (IoD) Associate Member - Corporate Governance 2020
  • Charted Institute of Credit Management Ghana (CICM) An Affiliate Member (January 2020)

Training

  • Ghana Institute of Public Administration (GIMPA)
  • Certified Information System Auditor (CISA)
  • Budgeting, Financial Planning and Management
  • University of Professional Study (UPSA) Certificate in Forensic and Investigative Accounting and Auditing
  • National Banking College Credit Monitoring and Recovery

AREA OF COMPETENCE

  • Financial Reporting Systems
  • Payroll Management
  • Cash flow Management
  • Budgeting and forecasting
  • Financial Planning and Analyses
  • Auditing and Internal Control
  • Regulatory Compliance
  • Asset Management
  • Accounts Payable and Receivables

Timeline

Assistant Group Accountant

Emery Invest
05.2024 - Current

Finance and Administrative Manager

Initiative Development FNGO
05.2021 - 05.2024

Audit Supervisor/Team Lead

Ceresys Associate – Contract
08.2020 - 11.2020

Snr Internal Control Officer

Ideal Finance Ltd
07.2017 - 10.2019

AUDIT SENIOR/ACCOUNTANT

AKA & Partners Charted Accountants
01.2016 - 07.2017

FINANCE AND ADMINISTRATIVE MANAGER

N&E Hellas Services Ltd
09.2013 - 01.2016

AUDIT SENIOR

Labban Hyde Chartered Accountants
03.2008 - 08.2013

Accounts Officer

Globiz Institute of Business Technology
11.2007 - 07.2008

MBA - Finance

Sikkim Manipal University Ghana

BBA - Accounting

Methodist University College Ghana

Advance Business Certificate Examination - undefined

Top Accountancy and Secretarial

SSCE - Accounting Option

Accra Academy Secondary School

Institute of Charted Accountant Ghana (ICA)
HERMAN NII YEBOAH TETTEYAccountant