LYDIA ARHIN-DONKOH
Accra North,Ghana
Summary
Accomplished accounting professional with extensive expertise in Tally Prime Accounting Software, Microsoft Office Suite, and financial reporting. Demonstrates proficiency in balance sheet competency, cash flow projection, and regulatory compliance. Skilled in accounts receivable maintenance, accounts payable expertise, and audit procedures understanding. Adept at managing payroll administration, bank reconciliations, and profit and loss analysis. Committed to enhancing internal controls and ensuring accurate bookkeeping while maintaining a focus on career advancement within the financial sector.
Takes on challenging new role harnessing interpersonal skills, collaboration and problem-solving. Driven to deliver high-quality service and consistent results.
Overview
15
15
years of professional experience
5
5
years of post-secondary education
Work history
Accountant
Constant Capital (Ghana) Limited
2021.09 - 2026.01
- Financial Policy Development & Control: Assist in the design and implementation of accounting policies, procedures, and systems to ensure robust financial controls and compliance with regulatory standards.
- Budgeting & Financial Modeling: Collaborate with management to prepare and manage annual budgets and develop financial models that align with the company's strategic goals.
- Accounts Payable & Receivable Management: Oversee the preparation and processing of payments, ensuring accurate review of invoices and documentation, while managing disbursements, accounts receivable, and accounts payable.
- Payroll Administration & Statutory Compliance: Prepare and reconcile monthly payroll, including PAYE, SSNIT, Provident Fund, and staff bonuses, while filing statutory returns on time.
- Expense Monitoring & Financial Reporting: Track and analyze company expenditures against budget projections; prepare and present detailed management accounts, bank reconciliations, and other financial reports for senior leadership.
- Liquidity & Cash Flow Management: Monitor cash flow and liquidity, ensuring smooth financial operations and timely payment settlements.
- Regulatory & Tax Compliance: Prepare and submit regulatory financial reports to bodies such as the Securities and Exchange Commission (SEC) and ensure compliance with all tax and statutory obligations.
- Asset Management & Depreciation: Manage fixed asset schedules and calculate depreciation in accordance with company policies and accounting standards.
- Audit & Financial Reporting: Maintain general ledgers, post journal entries, and prepare comprehensive financial statements for audits, liaising effectively with external auditors.
- Tax Advisory & Legal Compliance: Advise management on tax-related matters and ensure that all financial records comply with GAAP, relevant laws, and statutory requirements.
- Continuous Improvement & Statutory Updates: Monitor changes in financial regulations, provide strategic guidance to management, and enforce compliance with new legal requirements.
- Petty Cash Management: Oversee and manage petty cash to ensure efficient and accurate tracking of small cash transactions.
Accountant
H&M Manufacturing Ltd
2021.01 - 2021.08
- Managed all accounting functions, including recording and categorizing expenses and income to ensure accurate financial tracking.
- Analyzed financial data to provide actionable insights and support decision-making.
- Prepared and submitted tax returns in compliance with applicable regulations.
- Generated and presented financial statements to management for review.
- Administered payroll and processed payments to relevant authorities, including SSNIT, GRA, and the company's trustee.
- Ensured the accuracy and compliance of financial documents with relevant laws and regulations.
- Oversaw and maintained company documentation, ensuring timely validation and adherence to statutory requirements.
- Managed petty cash, ensuring accountability and proper allocation of funds.
Audit Assistant
Nexia Debrah & Co. Chartered Accountants
2014.03 - 2019.11
- Conducted audits and prepared clients' financial statements in compliance with International Financial Reporting Standards.
- Evaluated and documented clients' accounting and internal control systems, identifying areas for improvement.
- Performed analytical reviews of financial statements, comparing current performance to historical data for insights.
- Prepared financial statements for Golden Star Wassa PMSU and other clients.
- Conducted aging analysis for accounts payable and receivable to assess collection and payment efficiency.
- Administered payroll processing for clients, ensuring accuracy and compliance with applicable laws.
- Ensured adherence to tax regulations and supported clients in meeting statutory obligations.
- Reviewed and enhanced payment authorization processes and internal controls.
- Assessed asset safeguarding procedures, including maintaining and reviewing fixed asset registers.
- Examined and validated vouchers and financial documents related to office accounts.
- Reviewed investment portfolios, ensuring alignment with financial goals and compliance standards.
- Prepared bank reconciliation statements to ensure the accuracy of cash balances.
- Conducted stock-taking exercises and observed cash counts to ensure proper financial accountability.
Audit Trainee
Nexia Debrah & Co. Chartered Accountants
2011.02 - 2014.02
- Assisted in auditing and preparing clients' financial statements to meet regulatory standards.
- Compiled final accounts from source documents, ensuring accuracy and completeness.
- Prepared and reconciled bank statements to validate cash balances and resolve discrepancies.
- Observed and reported on clients' stock-taking exercises and cash counts to ensure proper financial controls.
National Service Personnel (Retention)
Korle-Bu Teaching Hospital, Accounts Department (Salaries Unit)
2010.09 - 2011.01
- Drafted correspondence and managed official communications for the salary's unit.
- Prepared and processed payment vouchers for salary disbursements.
- Reconciled bank statements to ensure accuracy in financial records.
- Managed the payment of allowances to staff and personnel.
- Performed data entry tasks to update and maintain accurate financial records.
- Participated in annual stock-taking exercises, contributing to inventory accuracy and reporting.
Education
Level III -
The Institute of Chartered Accountants, Ghana
2020.05 - 2020.11
Level II - Accountancy Studies
The Institute of Chartered Accountants, Ghana (ICAG)
2012.05 - 2014.05
Higher National Diploma - Accountancy Studies
Cape Coast Technical University
2006.10 - 2009.09
Skills
- Tally Prime Accounting Software
- Microsoft Word
- Microsoft Excel
- Microsoft Outlook
- Microsoft PowerPoint
- Balance sheet competency
- Financial reporting expertise
- Cash flow projection
- Regulatory compliance knowledge
- Cash book reconciliation
- Fixed asset register maintenance
- Taxation knowledge
- Accounts receivable maintenance
- Accounts payable expertise
- Audit procedures understanding
- Payroll administration
- Bank reconciliations
- Profit and Loss Analysis
- Audit coordination
- Double-entry bookkeeping
- Internal controls understanding
- Fixed asset accounting
- Bookkeeping
- Cash flow management
- Inventory control
- Inventory management
Languages
English
Fluent
References
Stephen Missah
Head of Fixed Income, Sales & Trading
Constant Capital (Ghana) Limited
Email - stephen.missah@constantcap.com.gh
Phone - +233 241 594 895
Kofi Essel Donkor
Audit Manager
Nexia Debra & Co Chartered Accountants
Email - kofiesseldonkor@nexiagh.com
Phone - +233 242 770 620
Timeline
Accountant
Constant Capital (Ghana) Limited
2021.09 - 2026.01
Accountant
H&M Manufacturing Ltd
2021.01 - 2021.08
Level III -
The Institute of Chartered Accountants, Ghana
2020.05 - 2020.11
Audit Assistant
Nexia Debrah & Co. Chartered Accountants
2014.03 - 2019.11
Level II - Accountancy Studies
The Institute of Chartered Accountants, Ghana (ICAG)
2012.05 - 2014.05
Audit Trainee
Nexia Debrah & Co. Chartered Accountants
2011.02 - 2014.02
National Service Personnel (Retention)
Korle-Bu Teaching Hospital, Accounts Department (Salaries Unit)
2010.09 - 2011.01
Higher National Diploma - Accountancy Studies
Cape Coast Technical University
2006.10 - 2009.09