Summary
Overview
Work History
Education
Skills
Timeline
Generic

Kwame Offei Akoto

Accra,AA

Summary

Highly accomplished Accounting professional with over 12 years of experience in Finance Accounting and Administration within different industries. Successful in creating, implementing and refining long-term strategies for increasing efficiency, cost effectiveness and profitability. A top-performing management executive skilled in directing company planning activities while providing strong leadership and overall guidance of administration and operational activities at all levels. Proven financial and commercial acumen, a strategic thinker with the ability to translate ideas into practice. Focused and results-driven professional, dedicated to establishing a culture that thrives on accountability and continual growth.

Overview

14
14
years of professional experience

Work History

Accountant

Jac-Kuw Company Ltd.
01.2021 - Current
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
  • Gathered financial information, prepared documents, and closed books.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Diminished outstanding debts by analyzing accounts for issues.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.
  • Developed financial models to assess and analyze financial performance of clients.
  • Identified legal tax savings and recommended ways to improve profits.
  • Achieved compliance with all tax regulations by staying updated on changes and conducting thorough reviews of financial operations.
  • Assisted in successful negotiation of terms with vendors and suppliers, improving company's cost-efficiency.
  • Facilitated smoother audit processes by maintaining organized and comprehensive financial documentation.
  • Supported strategic decision-making by providing accurate and timely financial reports to executive management.

Finance and Accounts Officer

Homechow.io App Ltd.
09.2019 - 12.2020
  • Managed accounts receivable and accounts payable functions, ensuring accurate recording of all transactions.
  • Negotiated favorable terms with suppliers, achieving cost savings on procurement activities.
  • Facilitated smooth month-end closing procedures, minimizing errors and delays in financial statements preparation.
  • Provided guidance to junior finance team members, promoting professional growth and skill development within the department.
  • Reduced budget discrepancies through rigorous expense monitoring and reconciliation.
  • Maintained accurate records of all transactions, ensuring compliance with accounting standards and regulations.
  • Improved financial reporting accuracy by streamlining data collection and analysis processes.
  • Collaborated with purchasing department to reconcile vendor invoices and facilitate payments.
  • Communicated and resolved disputes with clients regarding outstanding invoices, payments and adjustments.
  • Inspected account books and recorded transactions.
  • Reduced financial discrepancies, effectively reconciling bank accounts and organizing information into accounting software.
  • Managed and responded to correspondence and inquiries from customers and vendors.
  • Strengthened financial operations by conducting bank reconciliations and financial reporting.
  • Maintained account accuracy by reviewing and reconciling checks monthly.
  • Matched purchase orders with invoices and recorded necessary information.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Reconciled accounts, managed audits and updated financial records with remarkable accuracy.
  • Generated invoices upon receipt of billing information and tracked collection progress.
  • Effectively communicated with clients about payment needs and kept updated, detailed and accurate ledgers.
  • Recorded deposits, reconciled monthly bank accounts and tracked expenses.
  • Checked expenses against budget controls, entered figures and reconciled business accounts to address discrepancies.
  • Streamlined cash flow management processes, ensuring optimal liquidity levels for daily operations support.
  • Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
  • Managed tax preparation efforts, ensuring compliance with local, state, and federal regulations while minimizing liability exposure.
  • Assisted in budget planning, forecasting, and monitoring expenses to ensure adherence to fiscal guidelines and goals.
  • Proved successful working within tight deadlines and a fast-paced environment.

Accountant

Reefer Technology & Industrial Refrigeration Ltd.
10.2017 - 09.2019
  • Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
  • Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.
  • Prepared and filed tax forms to meet needs of customers.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
  • Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
  • Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
  • Provided journal entries and performed accounting on accrual basis.
  • Achieved compliance with all tax regulations by staying updated on changes and conducting thorough reviews of financial operations.
  • Facilitated smoother audit processes by maintaining organized and comprehensive financial documentation.
  • Worked effectively in fast-paced environments.

Finance Officer

Pagba Saha Foundation
10.2015 - 10.2017
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
  • Analyzed financial statements against forecasts to prepare high-level variance analysis.
  • Assisted executive leadership in making informed decisions by providing reliable financial forecasts based on rigorous analyses.
  • Ensured compliance with regulatory requirements by staying current on industry standards and updating policies accordingly.
  • Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
  • Developed strategic plans for day-to-day financial operations.
  • Supported financial director with special projects and additional job duties.
  • Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.

Finance and Administration Manager

El-Roi Consult and Agencies Ltd.
03.2012 - 10.2015
  • Prepared bi-weekly payroll for 22 employees and maintained all associated files.
  • Oversaw accounts payable, accounts receivable, review of all payments, tax, balance confirmations from banks, and any other financial management functions.
  • Assisted in the preparation of concise and informative financial reports to effectively communicate findings and recommendations to senior management.
  • Prepared Monthly Operational Reports, Budgets and handled taxation management issues.
  • Reduced operating expenses through effective vendor negotiations and contract management.
  • Spearheaded process improvements in the finance department by developing standardized procedures and documentation templates.
  • Updated daily transaction records to assist with payroll and billing administration.
  • Reconciled accounts and investigated variances.
  • Produced reports outlining latest financial information such as expenses, income and outstanding balances.
  • Prepared and posted receipts and deposits to facilitate standard bookkeeping.
  • Completed clerical and data entry tasks to optimize financial procedures.
  • Prepared internal and regulatory financial reports, balance sheets and income statements.
  • Managed payroll operations, ensuring accurate calculations and timely disbursements for all employees.

Accounts Officer

Raphal Medical Centre
08.2010 - 03.2012
  • Tracked and kept record of company accounts including revenue, expenditure and posting all receipts and payments into accounting system
  • Assisted with the preparation of payroll and statutory payments i.e. VAT, SSNIT, Withholding taxes
  • Prepared summary of all corporate invoices and posted them into the appropriate quick book’s windows [create invoice] and also oversaw computation of various health insurance bills.
  • Maintained accurate fixed asset register, accounts receivable and reviewed and approved petty cash and payment vouchers for payment.
  • Acted as liaison with company bankers on payments transfers and other bank related matters, verified payments vouchers and keeping record of receipts of expenditure.
  • Ensured timely vendor payments by managing invoice processing and expense tracking systems.

Education

MBA - Finance Management

Dr. D.Y Patil Vidyapeeth University
India, Pune
03-2023

BBA - Accounting

Kwame Nkrumah University of Science And Techonolog
Kumasi, Ghana
06-2015

High School Diploma -

Takoradi Technical University
Takoradi, Ghana
02-2007

Skills

  • Accounting and bookkeeping
  • Accounts Payable and Receivable
  • Bank Reconciliation
  • Bookkeeping
  • Account Reconciliation
  • Financial Statements
  • Financial Reporting
  • Payroll Processing
  • Cash Flow analysis
  • Tax Preparation
  • Tax Return Filing
  • Finance
  • Quickbooks
  • ERP systems proficiency
  • Cloud accounting
  • Fixed Asset Management
  • Budgeting assistance
  • Microsoft Office

Timeline

Accountant

Jac-Kuw Company Ltd.
01.2021 - Current

Finance and Accounts Officer

Homechow.io App Ltd.
09.2019 - 12.2020

Accountant

Reefer Technology & Industrial Refrigeration Ltd.
10.2017 - 09.2019

Finance Officer

Pagba Saha Foundation
10.2015 - 10.2017

Finance and Administration Manager

El-Roi Consult and Agencies Ltd.
03.2012 - 10.2015

Accounts Officer

Raphal Medical Centre
08.2010 - 03.2012

MBA - Finance Management

Dr. D.Y Patil Vidyapeeth University

BBA - Accounting

Kwame Nkrumah University of Science And Techonolog

High School Diploma -

Takoradi Technical University

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Kwame Offei Akoto