Mutawakil Huudu-CA

Strategy/Planning Roles:

• Spearheaded the preparation of Financial and Management reports for presentation to the Executive Committee (EXCO) and the Board sub-committee on Finance (FAC), facilitating informed decision-making at the highest levels.

• Developed and implemented Budgeting and Planning strategies, producing insightful Variance Reports for management and the Board to ensure alignment with strategic goals.

• Directed the management of the DBG Balance Sheet, meticulously overseeing Assets and Liabilities to optimize financial performance.

• Championed the implementation of International Financial Reporting Standards (IFRS), including IFRS 16 & 9 compliance, fortifying DBG's adherence to accounting best practices.

• Established and enforced Finance Standard Operating Procedures (SOPs) to streamline operations and enhance efficiency within DBG.

• Generated pertinent financial information to support strategic decision-making, driving operational excellence and sustainable growth.

• Collaborated with external company secretaries to facilitate the processing of Board resolutions for regulatory compliance, supporting bi-annual Board of Directors Meetings.

• Prepared comprehensive Board papers for all Board meetings, ensuring transparency and accountability.

• Provided tailored ad-hoc support to the Chief Executive based on specific organizational requirements.

Financial Reporting Roles:

•Coordinated the external reporting and release of Annual Financial Statements, guaranteeing precision and adherence to regulatory norms..

• Led the company's monthly, quarterly, and annual reporting cycles, delivering key financial metrics including ROI, ROE, CTI (CAPEX & OPEX), COF, EBITDA, Net Profit, Revenue, Costs, Cashflow, and Working Capital movements.

• Delivered regulatory and statutory returns for DBG to entities such as the World Bank, KFW, and EIB, by the DFI Act and Bank of Ghana requirements.

• Managed both Internal and External Auditors, consultants, and Financial Partners to ensure rigorous oversight and compliance.

Tax Reporting Roles:

• Oversaw all statutory tax returns, including VAT, PAYE, withholding tax, etc., ensuring timely and accurate filings.

• Managed the timely filing and payment of all monthly, quarterly, and annual tax liabilities, including Corporate Income Tax (CIT) and quarterly self-assessment.

• Took charge of tax audit activities, ensuring DBG's compliance with tax regulations and minimizing tax liabilities.

Accounting & Operational Controls Roles:

• Supervised the General Ledger, Trial Balance, Balance Sheet, Bank reconciliations, Journal Preparations, and postings, ensuring the accuracy and integrity of financial records.

• Managed the disbursement of loans to PFIs and DFIs within DBG, facilitating access to vital financial resources.

• Oversaw the Bank payment systems and procedures, ensuring smooth and efficient financial transactions.

• Provided specialized support to Wholesale banking on assessing PFIs, leveraging financial expertise to drive strategic partnerships.

• Served as the finance lead in project management for the DBG Finance department, ensuring the successful implementation of key initiatives.

• Acted as the finance lead in managing procurement contracts and onboarding vendors and consultants, optimizing resource allocation and vendor relationships for DBG's benefit.

•Established and implement Finance Standard Operating Procedures for DBG.

•Produce relevant financial information that supports decision- making to improve operational efficiencies.

•Produce Budgeting and Planning information for DBG.

•Developed 2022 Budget model and 5-year forecast template.

•Developed IFRS 16 model for DBG

•Provide regulatory and statutory returns for DBG in accordance with the DFI Act and Bank of Ghana requirements.

•Developed and prepared Management & Financial Reporting structure

•Representing the finance department at Finance & Audit Committee meetings of the

Board and other critical business meetings

•Assisted in the preparation of 2020, and 2021 Audited accounts

•Liaising with key partners (PWC, MoF, Bankers)

•Selection of External Auditors for 2022

•Structuring of account payments and system for DBG.

•Regulatory reporting and structure(GRA, BOG, and Development Partners)

•Development of the credit disbursement and repayment processes.

•Reviewing and aligning the Financial policies to match the current core banking system

•Provide ad-hoc support based on specific requirements from the Chief Executive

Strategy and Reporting Roles

• Responsible for Preparation of Monthly and Annual Financial statements for EXCO,MANCO, and Bank of Ghana

• Plan, coordinate, and execute annual budgets for implementation by the various units and departments

• Prepare and present a comprehensive Budget to the Management and the Board

• Perform periodic reviews of budgets and actual expenditures

• Ensure implementation of an efficient and comprehensive system of financial reporting at all levels of management.

• Ensure timely and accurate reporting of financial information to statutory bodies

Accounting and Operational Controls Roles

• Management of the accounting function to ensure effective and efficient delivery of reliable and accurate financial information.

• Becomes the ‘go-to’ person on financial matters with the ability to articulate the performance of the company both in oral and written form

• Management and oversight of the compliance environment both local and external with statutory and regulatory requirements in financial reporting

• Develop strategies and procedures for Cost Control

• Planning and conducting year-end audit engagements in liaison with the auditors.

• Responsible for the management of relationships with financiers both local and external

• Managing the treasury function to ensure funding of asset portfolio and settlements of all commitments are done on schedule

• Supervise the process of determining the company’s Cost of Funds and Lending Rates

• Supervising finance team of four(4)

Financial Reporting Roles:

• In charge of the Preparation of Monthly and Annual Financial statements for EXCO, MANCO, BOG, and Group office, with the support from the Finance Head.

• Oversee the day-to-day financial operations, ensuring appropriate policies and procedures are followed and deadlines are met for all reporting (including statutory, management, and regulatory reporting)

• Responsible for General Ledger, Trial Balance, Balance sheet and Bank reconciliations, Journal Preparations, and postings.

• Responsible for Treasury Management, foreign exchange transactions, risk, and Investment management.

• Managing Company Assets and liability and Reconciliation of all CAPEX items.

• Assist in Establishing financial information regarding capital and financial measures that would enable Business decision making

Budgeting and Operational Reporting Roles

• Compile and analyze financial reports of the Financial Services Industry.

• Assist in Biannually and annually manage the statutory and annual budget preparation.

• Leading the preparation of all corporate tax returns and ensuring compliance with all statutory accounting and other reporting requirements including VAT, PAYE, withholding tax, and other tax returns required by Government/Statutory agencies

• Supervises Receivables and Payable Management.

• Managing and preparing of Sales agent's commission and Staff Payroll.

• Responsible for Internal and external Audit issues.

• Leading and managing, the professional finance team (Accountant and the Accounts officer), ensuring that they operate efficiently and professionally and are focused on meeting the needs of internal and external customers.

•Responsible for all accounting activities of the company including Budget preparation, financial analysis, reporting, and investment.

•Maintaining and ensuring strong internal controls, policies, and processes are adhered to.

•Prepare monthly, quarterly, half-yearly, and yearly financial and management reports.

•Review all expenditures and payments before approval by the CEO.

•Supervise the calculations and registering payroll in Excel Model.

•Responsible for the management of tax issues SSNIT, PAYE, and With-holding Tax

• Responsible for Business development,Risk management, Treasury Management and Control.

•Asset and liability Management,Cost and Operational Controls.

•Staff development and coaching,Chief Customer Service Adviser

•Preparation of weekly and monthly reports.

• Responsible for the administration and effective daily operation of the Branch office, including operations, lending, savings, product sales, customer service, and security and safety in accordance with Bayport Micro business objectives
• Marketed the company's products to ensure growth in the assets and liability book
• Developed and implement sales plans / activities to achieve profitable business
• Cost, Budget Cost and Operational Controls
• Staff development and coaching, Supervised a team of eleven to deliver weekly and monthly Financial Reports.

• Supervise three Relationship officers at the branch
• Prepares all operational and credit reports for the month
• Financial statements and ratio analysis
• Regional/Branch Critical Asset Committee (CAC) member
• PAR, PIR and Arrears management.

• Thoroughly appraised and analyzed credit applications
• Financial statements and ratio analysis
• Advised clients on decisions of credit board concerning loan applications
• Assisted clients in the documentation and processing of approved applications
• Monitored approved loans and advised clients on good management practices
• Performed Business Advisory services
• Monitored and generates reports of status of credit portfolio
• Maintained a daily roster of clients to be monitored
• Prepared periodic report on loans disbursed, PAR, and income generated on loans disbursed.

• • Responsible for the distribution and supervision of equipment to beneficiaries of Youth Enterprise and Skills Development Centre (YESDEC), and LESDEP (Local Entrepreneur Skill Development & Educational Program).,Accounting for all Equipment and Machineries issued to Beneficiaries.,Manages the portfolio Quality of the beneficiaries

• Managed and supervised the day to day operations of the branch
• Supervised the balancing of cash by tellers, and all back-office work
• Supervised the balancing of accounts and manages branch liquidity
• Supervised the clearing of cheques
• Ensured Internal Control procedures were adhered to
• Managed the Vault and Treasury
• Ensured that all accounts at the branch and with head office were balanced accordingly
• Prepared periodic report of the branch to the head office
• Loan processing, analysis, recoveries, monitoring and delinquency management
• Marketed the bank and mobilized deposits
• Supervised and managed staff performance, team work, and motivation.

• Opening of accounts

• Preparation of savings and current journal and their summaries

• Preparation of waste sheet and Bank statement

• Checking of balances

• Arranging ledger cards

• Posting of loan charges and calling over.