LYDIA ARHINDONKOH
Accra North
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
Work History
Accountant
Constant Capital (Ghana) Limited
Accra, Greater Accra Region
09.2021 - Current
- Financial Policy Development & Control: Assist in designing 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 company's strategic goals.
- Accounts Payable & Receivable Management: Oversee 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 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.
- Efficiently managed payroll processing tasks, avoiding errors.
- Performed thorough expenditure tracking, preventing overspending.
- Handled complex account reconciliations; ensured consistency in records.
- Achieved streamlined operations by implementing efficient accounting systems.
- Prepared monthly and yearly balance sheets, ensuring accuracy.
- Conducted financial audits for improved internal controls.
- Led tax compliance initiatives to ensure regulatory alignment.
- Reviewed and reconciled ledgers to maintain integrity of financial data.
- Trained new employees on accounting principles and company procedures.
Accountant
H&M Manufacturing Ltd
Accra
01.2021 - 08.2021
- 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 company's trustee.
- Ensured 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
Accra, Greater Accra Region
03.2014 - 11.2019
- 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 accuracy of cash balances.
- Conducted stock-taking exercises and observed cash counts to ensure proper financial accountability.
- Collaborated with external auditors to facilitate smooth auditing process.
Audit Trainee
Nexia Debrah & Co. Chartered Accountants
Accra, Greater Accra Region
02.2011 - 02.2014
- 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.
- Tested internal controls, identified areas of weakness.
- Ensured timely completion of tasks, facilitated operational efficiency.
- Provided support for year-end audits, increased process smoothness.
- Coordinated smoothly with team members for effective task completion.
- Participated in meetings with clients to discuss audit findings and solutions.
- Identified discrepancies with meticulous attention to detail.
- Attended training sessions for professional development and skill enhancement.
National Service Personnel (Retention)
Korle-Bu Teaching Hospital, Accounts Department (Salaries Unit)
Accra, Greater Accra Region
09.2010 - 01.2011
- Drafted correspondence and managed official communications for salary's unit.
- Prepared and processed payment vouchers for salary disbursements.
- Reconciled bank statements to ensure accuracy in financial records.
- Managed 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.
- Demonstrated respect, friendliness and willingness to help wherever needed.
Education
Accountancy Studies
The Institute of Chartered Accountants, Ghana
Accra11.2020
Accountancy Studies
The Institute of Chartered Accountants, Ghana (ICAG)
Accra05.2014
Higher National Diploma - Accountancy Studies
Cape Coast Technical University
Cape Coast09.2009
Skills
- Tally Prime Accounting Software
- Balance sheet competency
- Taxation knowledge
- Audit procedures understanding
- Payroll administration
- Bank reconciliations
- Audit coordination
- Inventory management
- Accounting and bookkeeping
- Bookkeeping
LANGUAGES
English
Fluent
Timeline
Accountant
Constant Capital (Ghana) Limited
09.2021 - Current
Accountant
H&M Manufacturing Ltd
01.2021 - 08.2021
Audit Assistant
Nexia Debrah & Co. Chartered Accountants
03.2014 - 11.2019
Audit Trainee
Nexia Debrah & Co. Chartered Accountants
02.2011 - 02.2014
National Service Personnel (Retention)
Korle-Bu Teaching Hospital, Accounts Department (Salaries Unit)
09.2010 - 01.2011
Accountancy Studies
The Institute of Chartered Accountants, Ghana (ICAG)
Higher National Diploma - Accountancy Studies
Cape Coast Technical University
Accountancy Studies
The Institute of Chartered Accountants, Ghana