JACOB NIKOI AMASAH
Accra,Ghana
Summary
Hardworking and detail oriented team player with strong organizational skills coupled with over 15 years working experience in accounting and auditing. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
11
11
years of professional experience
Work history
Audit Manager
La-Palm Royal Beach Hotel
Accra, Greater Accra Region
05.2023 - Current
- Formulate professional development and educational plans for junior staff members.
- Perform independent audits to monitor operations, performance and growth.
- Investigate irregularities and discrepancies and provide recommendations to addressing same.
- Evaluate adequacy of internal controls, operating processes, access.
- Attend and complete regular mandatory audit and accounting training to apply best audit practices.
- Assist in implementing and enforcing financial controls, including operating expenses and purchases.
- Identify loopholes and recommend risk aversion measures and cost savings.
Financial Controller
La-Palm Royal Beach Hotel
Accra, Greater Accra Region
01.2018 - 05.2023
- Established credit control policies to increase year-on-year cashflow.
- Worked with executives to create annual budget and track actual expenses against projected expenses.
- Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.
- Created board presentations to clearly articulate financial strategy.
- Implemented financial accounting system upgrades for optimised department capabilities.
- Provided financial information in aid of management decisions, particularly in budgeting and budgeting Control, Costing and Pricing etc.
- Authorised the disbursement of funds in accordance with prevailing financial regulations of the hotel.
- Implemented controls which saw the reduction in theft and waste and improved revenue mobilisation.
- Processed payroll for employees and ensure team receive timely payments.
Financial Controller
Elmina Beach Resort
Elmina , Central Region
04.2015 - 12.2017
- Implemented the use of accounting and property management systems to wean the company from operating manually.
- Supported and implemented strategies which improved revenue generation by more than 20%.
- Provided guidelines for controlling of expenditure in consonance with sound financial practices.
- Ensured accounting systems and procedures are properly followed to aid the provision of appropriate management information for decision making.
- Assessed financial information for accuracy to aid decision making.
- Ensured annual budgets are done, approved and instituted measures to ensure its implementation and strict compliance.
- Formulated monthly variance reports for strategic budgeting and forecasting.
- Oversaw accounting, payroll and financial reports to support daily functions.
Night Manager
La-Palm Royal Beach Hotel
Accra, Greater Accra Region
04.2012 - 06.2014
- Organised briefing for night shift staff to follow instructions.
- Formulated and submitted summary reports to management.
- Escorted VIPs to rooms whilst upholding company standards and star service.
- Recruited and trained staff regarding logistics, protocols and procedures.
- Conducted night audits to balance reports and reconcile cash drawers.
- Performed concise and accurate handovers to day manager at end of shift.
- Oversaw front desk operations and trained team to handle high volume work with professionalism and accuracy.
- Coordinated strategies to protect hotel property, staff and guests.
- Directed bar, restaurant and room service activities to promote sales and guarantee customer satisfaction.
- Handled customer complaints calmly and professionally to maintain hotel reputation.
Skills
- Sage Accounting Software
- Accounting management
- Budget development
- Microsoft Office Applications (Microsoft word, MS Excel, MS PowerPoint, MS Outlook etc)
- Management accounts
- Compliance testing knowledge
Professional / Educational Qualification
- Institute Of Internal Auditors
Member
- Institute Of Chartered Accountants, Ghana (I.C.A.G)
Level Two (2) partially completed.
- University Of Professional Studies, Accra (UPSA)
MBA in Accounting & Finance, Sept. 2011 to Nov. 2013.
- Greenhill College -GIMPA
Bachelor’s Degree in Accounting, Sept. 2007 to Dec. 2008.
- Accra Polytechnic Institute
Higher National Diploma (H.N.D, Accounting Option), Nov. 2002 to Nov. 2005
Languages
English
Advanced
Training and Seminars Attended
- Improving Data Gathering & Analysis with MS. Excel, organized by Greenawise Services. (18th November to 22nd November 2019).
- Tax Seminar on New Income Tax Act, 2015 (Act 896), organised by Business Tax & Accounting Consulting from 16th – 18th November 2015.
- Effective Management Skills for Supervisors and Newly Appointed Managers (A five day training program organized by CBM Consult Ltd, from 11th – 15th April 2011).
- The Role of the Internal Auditor in Corporate Governance (A three day training organized by University of Ghana Business School - Legon, from 15th-17th March, 2011).
- Internal Audit and Control (A three day training organized by University of Ghana Business School - Legon, from 18th-20th November, 2009).
- Computerised Accounting on Excel (A two day training organized by Management and Accounting Solutions from 20th-21st June 2008).
Research Works
- The Impact of Foreign Direct Investment on Economic Growth in Ghana: A case of the Mining Sector.
- Impact of Corporate Sponsorship on Business Growth (A case study of Ghana Telecom – Now Vodafone Ghana, 2009).
- A project on ‘Performance of Government Fiscal Policy (The Budget)’. For the period 2002 to 2004, using inflationary rates as a measuring tool.
Timeline
Audit Manager
La-Palm Royal Beach Hotel
05.2023 - Current
Financial Controller
La-Palm Royal Beach Hotel
01.2018 - 05.2023
Financial Controller
Elmina Beach Resort
04.2015 - 12.2017
Night Manager
La-Palm Royal Beach Hotel
04.2012 - 06.2014
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