OBU NARTEH AMOAH MCIT,CA,MSc,BCom
Adabraka
Summary
Value driven Compliance, Risk & Finance professional with over 10 years of extensive Internal Controls, Compliance & Risk experience across Financial, FMCG and Construction Industries and Business Consultancy.
Overview
12
12
years of professional experience
Work History
Group Head, Risk & Compliance
Contracta Construction Limited
09.2019 - Current
- 100% Designed, setup and implemented Group Compliance & Risk Program -covering UK, Brazil, Italy & Ghana
- Notable achievements (annual averages) include:
- Speak up training & communication for over 3000 employees
- 73% improvement in the culture of silence within the organization
- 86% Investigations and timely resolution of reported cases
- 78% Effective Monitoring of process improvement actions (PIA)
- 46% improvement in the Due Diligence Process for Business Partners
- 100% Data Privacy Impact Assessment and controls (DPO functions)
- 100% Implementation of Group Anti-Corruption & Bribery program
- 100% embedding of AML controls in payment systems
- 92% Compliance Trainings for staff (3000+)
- 100% Implementation of Risk Management Framework
- Annual Internal Controls Review - risk based
- Advises Management on all Ethics & Compliance Issues
- Ensures compliance with regulations, internal laws, and policies
- Stakeholder engagements with all functions/sites to embed Compliance Agenda
- Reports to Governance Risk & Compliance Committee and the Board
- Makes compliance & ethics decisions for the company (when assigned)
Controls, Risk & Compliance Manager
Guinness Ghana Breweries Ltd (Diageo)
12.2017 - 09.2019
- Provided a robust Risk Management Framework, aligned with business rhythm and environment, and ensured timely and effective Risk Mitigation
- Delivered a strong risk-based Controls (Audit) Plan including:
- Delivery of CARM including effective Mapping and Scoping in line with Group directive
- Process deep dives and ad hoc reviews as risk profile determines
- Ensured regular engagement with Finance team to ensure proper oversight of Finance Control environment – Balance sheet Reviews
- Controls oversight and SOX governance
- Supported GRC in smooth CAS transition implementation (Africa)
- Supported Centres of Excellence in delivering Compliance & Controls mandate including, CAS (India), FC (Kenya and Budapest), Regional supports on Controls (Uganda, Ethiopia, Cameroun & Nigeria)
- Led delivery of risk-based Compliance agenda including:
- Minimum bi-annual Company-wide Compliance Awareness event
- Annual Compliance Certification & policy embedding
- Maintained Breach Management database
- Policy Embedding Plan
- Conducted investigations/audits on Compliance breaches in line with Global Standard
- Systems Management
- Ethicspoint – Breach Management tool
- Bwise Risk Management System – RMC, CARM & GAR actions tracking
- Compliance Desktop Management – KYC/KYBP tool
- Coordinated Global Audit and Risk (GAR) audits with Business and Process Leads and keep track all external audit (including PWC) activities and findings
- Led market implementation of global projects in Risk & Controls environment
- Ensured sustained Controls and Compliance awareness
- Quarterly reported to Exec/ Audit Sub-committee
- Achievement: #3 Satisfactory Group Audits, Best Controls Environment in African with improved compliance scores (85+)
Compliance & Ethics Manager
Guinness Ghana Breweries Ltd (Diageo)
07.2015 - 12.2017
- Prepared the annual compliance program & coordinated implementation
- Prepared compliance risk assessment
- Conducted compliance audits and investigations (including fraud)
- Made recommendations for process and controls improvements
- Prepared and monitored recommendations tracker for effective implementation
- Co-ordinated and monitored timely and fair consequence management
- Implementation & embedding of KYBP/KYC processes- Integra Watch
- Organized functional policy training & annual compliance awareness events including AML, Bribery & Corruption etc
- Provided timely compliance insight to Executives
- Supported in Coordinating quarterly risk management committee meetings
- Coordinated CARM (annual audit) execution (scoping, design, mapping, testing, and reporting)
- Followed up on assigned process improvement recommendations
- Coordinated Business & Human Right Impact Assessment project
- Acted as Crises Management Coordinator
- Supported in tax compliance activities & other regulator engagements
Risk & Governance Manager
Meta Abo Brewery Share Company (Diageo Ethiopia)
03.2017 - 06.2017
- Coordinated and managed the Risk Management processes
- Execution of annual internal audit (CARM) plan
- Effectively led the implementation of audit recommendations across functions
- Coordinated Global Assurance and Risk audit team - Satisfactory Audit
- Regular engagement of leadership team on risk issues
- Coached and developed the CC&E team capability
- Achievement: Supported in the achievement of 1st Satisfactory Group Assurance Audit
Finance and Control Manager
Zoobashop Limited
10.2013 - 05.2015
- Prepared and monitored annual budget
- Prepared and maintained Fixed Asset Register/Schedule
- Prepared monthly management reports and analysis
- Expenditure controlling and revenue monitoring
- Conducted quarterly self-review audit
- Liaised with tax, bank, insurance, clients, suppliers, and audit officials
- Kept debtors and creditors ledger for monthly reconciliations
- Advised Management on financial matters
- Prepared the financial manual for the company
- Strengthened internal controls and operational risk
- Set up and implemented Navision ERP (Accounting Software)
- Achievement: Successfully set-up an effective finance department
Risk and Compliance Specialist
Procredit Savings and Loans Ltd
10.2012 - 02.2014
- Conducted external and internal compliance audit
- Reviewed processes for Anti-Money Laundering compliance
- Performed credit and retail control audit
- Conducted operational fraud audits
- Recommendations to strengthen internal controls
- Trained staff on key risk-related issues in compliance
- Wrote compliance audit and investigation reports
- Conducted value for money audits (Asset Review, Procurement & Projects Review)
- Ensured the implementation of Audit Recommendation
- Risk assessment and quantification
- Trained Young Banker
- Achievement: Played a key role in revamp of the Risk & Compliance Management
Education
Certified Tax Practitioner -
CHARTERED INSTITUTE OF TAXATION GHANA
08-2021
MSc - Financial Risk Management
UNIVERSITY OF GHANA
09-2020
Chartered Accountant -
INSTITUTE OF CHARTERED ACCOUNTANT-GHANA
10-2015
Bachelor of Commerce - First Class Honors
UNIVERSITY OF CAPE COAST
05-2011
Higher National Diploma Accountancy -
Koforidua Polytechnic
Koforidua, Ghana07-2008
Bachelor of Arts - Law
University of Ghana
trueSkills
- Excellent Communication & Analytical Skills
- Technical Understanding of Compliance regulations
- Proficient in Business Integrity & Compliance Tools
- Strong Investigation skills
References
- Helen Amerley Amarquaye, Chair – Old Mutual, Helen.amarquaye@gmail.com, +233 24 350 0212
- Dr. Hazel Berrard-Amuah, CEO, Prudential Life Insurance Ghana, Hazelberrard@gmail.com, +233 24 433 9733
Timeline
Group Head, Risk & Compliance
Contracta Construction Limited
09.2019 - Current
Controls, Risk & Compliance Manager
Guinness Ghana Breweries Ltd (Diageo)
12.2017 - 09.2019
Risk & Governance Manager
Meta Abo Brewery Share Company (Diageo Ethiopia)
03.2017 - 06.2017
Compliance & Ethics Manager
Guinness Ghana Breweries Ltd (Diageo)
07.2015 - 12.2017
Finance and Control Manager
Zoobashop Limited
10.2013 - 05.2015
Risk and Compliance Specialist
Procredit Savings and Loans Ltd
10.2012 - 02.2014
Certified Tax Practitioner -
CHARTERED INSTITUTE OF TAXATION GHANA
MSc - Financial Risk Management
UNIVERSITY OF GHANA
Chartered Accountant -
INSTITUTE OF CHARTERED ACCOUNTANT-GHANA
Bachelor of Commerce - First Class Honors
UNIVERSITY OF CAPE COAST
Higher National Diploma Accountancy -
Koforidua Polytechnic
Bachelor of Arts - Law
University of Ghana
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