Summary
Overview
Work History
Education
Skills
References
Certification
Timeline
Hi, I’m

Malik Denu

Chartered Accountant
Malik Denu

Summary

I am currently a Member of the ACCA and ICAG with several years of training in various environments. I am an astute professional with several years of experience in finance and accounting, budgeting, audit, and Compliance. I have worked with various ERP systems and as well as high aggregation software like Hyperion and Onestream. I am someone who constantly seeks to learn and develop my skills from every avenue regardless of position or who gets the credit. I believe in timely delivery of all assignments and ensuring the books are always in a very good shape to help support the organisation in effective and efficient decision making. I apply my knowledge and skills to ensure all entities I consult for get the best service. I can manage self and team to achieve success always ensuring the finance team works in harmony with all other departments. It is imperative all team members competencies are developed to ensure career progressions and aspirations are met.

Overview

16
years of professional experience
1
Certification

Work History

SAS Finance Group

Senior Manager Accounts and Finance
01.2020 - Current

Job overview

  • Directing and overseeing all aspects of the finance, accounting and budgetary function
  • Ensuring effective internal controls are in place as well as ensuring compliance with all regulations, laws and rules for financial and tax planning
  • Supervised accounts payable and accounts receivable for accuracy and completeness.
  • Maintained and established fiscal files and records to accurately document transactions.
  • Monitored revenue and expenses to confirm financial status.
  • Forecasted requirements, prepared annual budgets and scheduled expenditures.
  • Provide financial information to management and board for budget review
  • Analyzed actual financial results to budget, preparing variance reporting to functional groups.
  • Review and certify capital and operating expenses to ensure they are in line with budget
  • Monitor and generate analysis on the Group’s operating and capital expenses to ensure conformity with budget
  • Monitor and advise operating units and business units on their budgets and strategic plans
  • Evaluate and advise on the impact of long-term plans, introduction of new strategies and other regulatory actions that might impact the Group
  • Overseeing the preparation of Financial statements for Mutual Funds and all subsidiaries in the group
  • Consolidated business data into actionable metrics to simplify and highlight areas of concern and opportunity.
  • Responsible for Risk management and coordination with the external Internal team to ensure compliance
  • Focal point for all audits both statutory, regulatory and internal for all entities in the group
  • Maintained regular performance appraisals for subordinates through verbal, written and on-going review programs.
  • Ensuring regulatory reports are prepared and submitted in a timely manner to avoid penalties
  • Responsible for all tax issues and staff pensions compliance
  • Responsible for management of Group Treasury
  • Created and updated financial reports on frequent basis to present information to leadership teams.
  • Ensuring Proprietary investment decisions are properly authorized and monitored to ensure risks are mitigated as per group policies
  • Developed and implemented systems for collecting, analyzing, verifying and reporting financial information to establish financial status.
  • Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
  • Coordinated and completed annual audits to provide credibility to financial statements.
  • Collaborated with executive management to develop presentations to recap company results.

Fortitas Limited

Managing Consultant
01.2019 - 12.2019

Job overview

  • Setting up of Accounting systems for clients to prepare financial statements
  • Preparation of monthly management reports and participate in compilation of expense budgets
  • Ensuring compliance with Revenue authorities regarding VAT, Levies, WHT and Corporate taxes in a timely fashion for all clients
  • Advisory on Internal controls and ensuring they working efficiently for clients
  • Raising of Invoices and administration of entity
  • Handle the Accounts Payable and Receivable functions
  • Liaising with external auditors on behalf of Clients
  • Performing investigations and review assignments for clients
  • Advising clients on application of IFRS, IPSAS and other GAAPs

Maersk Drilling

Senior Accountant
12.2015 - 08.2019

Job overview

  • Preparation of accounting and financial reports for branch and JV entity
  • Preparation of monthly management reports and participate in compilation of expense budgets
  • Ensure all vouchers bear valid signatures and are properly recorded in the accounting system
  • Implementation of financial and accounting policies and monitory to ensure compliance
  • Implementation of financial strategies and plans rolled out for branch and JV
  • Generation and Maintenance of Cost Saving tracker as part of Group wide cost saving initiative for branch and JV
  • Ensuring compliance with Revenue authorities regarding VAT, WHT and Corporate taxes in a timely fashion and also was the point person during the tax audit of branch and JV
  • Ensuring Internal controls are working efficiently and effectively
  • Raising of Invoices and ensuring prompt settlement and liaising with clients to minimize disputes by ensuring proper rates are used at all times
  • Handled the Accounts Payable and Receivable functions for branch and JV and ensured stellar DSO numbers at all times
  • Maintenance of Prepayment schedule
  • Sound knowledge of Ghana tax laws
  • Cash flow management to ensure smooth operation of locations activities
  • Budgetary forecasts and variance analysis on a monthly basis
  • Running point with external auditors (KPMG & PwC) and tax consultants (PwC)
  • Generating WIP reports and ensuring onward billing of all outstanding
  • Balance sheet Reconciliations on a monthly basis
  • Intercompany balance reconciliation and invoice processing
  • Participating in cost control and budgetary processes with the operations team
  • Diligent maintenance of Master Data of all entities within my purview
  • Handling all month end close for location and always met the group deadline
  • Managed the validations of month end reports within Hyperion Financial Management system for branch and JV entity
  • Played a key role in the implementation of the ERP system for the location and helped set up and monitor all projects as well as ensuring all costs are properly tagged to related projects
  • Key contact person handling local Rig insurance as well as dealing with group team on global insurance
  • Ensuring JV Partners are well informed at all times on all activities to ensure funding gaps are always met in a timely manner.
  • Analyzed files and accounts for discrepancies and resolved variances.
  • Completed updates to general ledger by adding latest entries and reviewing transactions entered by staff.
  • Created and implemented procedures and best practices for bank reconciliation process and completed balance sheet reconciliations.
  • Supported budget administration with detailed expense analyses and report reviews.

WorleyParsons Atlantic Limited

Accountant
01.2012 - 11.2015

Job overview

  • Prepared monthly and year-end closing statements, financial documents and invoices.
  • Maintained accurate invoice summaries and collection records to enhance monitoring of billing and cash inflows.
  • Calculated and prepared checks for utilities, taxes and other payments.
  • Monitored balance sheets and income statements to evaluate financial performance.
  • Verified documented and requested disbursements to facilitate payments.
  • Examined financial statements and income statements to review company's financial performance.
  • Analyzed monthly department budgeting and accounting reports to maintain expenditure controls.
  • Reviewed financial information detailing assets, liabilities and capital and prepared balance sheets and profit and loss statements.
  • Tracked employee payroll processes to verify timely reporting and avoid late fees.
  • Interacted with internal and external auditors to help complete audits and resolve issues.
  • Developed and documented business processes and accounting policies to maintain and strengthen internal controls.
  • Collected and assembled financial data to analyze costs on year-to-year basis relative to fiscal planning and budgeting activities.
  • Completed budget plans for approval and submission by managerial staff.
  • Analyzed revenue and expenditure trends and recommended appropriate budget levels to business operations leaders.
  • Examined budget estimates for completeness, accuracy and conformance with procedures and regulations.
  • Summarized and interpreted current and projected company financial position for other managers.
  • Conducted financial analysis and research to advise senior management on forecasting decisions.

IC Securities

Associate
06.2011 - 12.2011

Job overview

  • Built and maintained relationships with peers and upper management to drive team success.
  • Supported management team to facilitate task completion and meet performance goals.
  • Communicated clearly with customers in person and via telephone, driving positive experiences.
  • Investigated and resolved issues to drive better service for customers and employees.
  • Gathered data to incorporate into reports and presentations.
  • Reviewed files, recordings and other documents to obtain information to respond to requests.
  • Preparation of financial statements for subsidiaries as well as consolidated financials for the group under supervision of finance manager
  • Ensured all statutory requirements are met in a timely manner to ensure penalties are avoided; PAYE, Social Security contributions, Withholding taxes as well as VAT/NHIL
  • Acted as compliance officer and filing the required monthly cash flows to the SEC

UHY Godwinson
Accra

Audit Team Lead
06.2009 - 06.2011

Job overview

  • Led audit team to audit books of a portfolio of clients
  • Review of working papers of Junior staff and communicating constructive feedback
  • Accounting services for portfolio of clients in the financial services sector and preparation of monthly reports to management
  • Filing of tax returns for clients and responding to all queries raised
  • Payroll administration for clients
  • Pitching for jobs from prospective clients
  • Planning the audit assignments of clients and managing jobs by properly assigning suitably qualified staff to ensure audits are completed on schedule
  • Monitored team progress and enforced deadlines.
  • Collaborated with management team to implement new work procedures or policies.
  • Reviewed completed work to verify consistency, quality and conformance.

Ayew Agyeman Turkson & Co
Accra

Audit Trainee
06.2007 - 05.2009

Job overview

  • Accounts preparation from source documents to tax computations for various clients
  • Member of the audit teams for a portfolio of clients including Atwima Kwanwoma (the biggest rural bank in Ghana), Yapra and Sekyere Rural banks, Melcom Limited, Phoenix Insurance etc
  • Preparation of other non-audit jobs for clients
  • Reports on various jobs to relevant stakeholders on the adequacy of internal controls General preparation of programme schedule for the project.
  • Audited financial statements and business operations to identify control deficiencies and operational challenges.
  • Performed audits of operational and financial areas to check compliance.
  • Collaborated with external partners to complete audits.

Education

University of Ghana

BA (Hons) from Accounting & Economics, Accounting and Economics
01.2007

Adisadel College

SSSCE Certificate from Business Studies
01.2002

Paris Graduate School of Management

MBA (Hons)

Skills

  • Proficient in Microsoft Office Suite; Word, Advanced Excel and PowerPoint
  • Sage Accpac ERP and Hyperion Reporting
  • QuickBooks (Desktop and Cloud Based)
  • Tally Accounting Package
  • IFS ERP System and OneStream Reporting
  • Financial Analysis and Planning
  • Strategy Development
  • Cash Flow Management
  • Cost and Budget Analysis
  • Attention to Detail
  • Data Analysis
  • Customer Service

References

REFEREES 

Usman Etuaful – 0244762077

Eldad Anfu – 0243860911 

Certification

  • Fellow, Association of Chartered Certified Accountants (UK)
  • Member, Institute of Chartered Accountants, Ghana

Timeline

Senior Manager Accounts and Finance

SAS Finance Group
01.2020 - Current

Managing Consultant

Fortitas Limited
01.2019 - 12.2019

Senior Accountant

Maersk Drilling
12.2015 - 08.2019

Accountant

WorleyParsons Atlantic Limited
01.2012 - 11.2015

Associate

IC Securities
06.2011 - 12.2011

Audit Team Lead

UHY Godwinson
06.2009 - 06.2011

Audit Trainee

Ayew Agyeman Turkson & Co
06.2007 - 05.2009

University of Ghana

BA (Hons) from Accounting & Economics, Accounting and Economics

Adisadel College

SSSCE Certificate from Business Studies

Paris Graduate School of Management

MBA (Hons)

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Malik DenuChartered Accountant