PATRICK KWAKU ADDAI
Accra
Summary
Strategic thinking professional with a solid track record in budgeting, forecasting, and strategic planning. Skilled in optimizing financial processes and leading teams to achieve corporate goals through innovative strategies. Demonstrates ability to analyze complex financial data and implement actionable solutions that drive growth and operational efficiency. Committed to fostering collaboration and ensuring compliance with regulatory requirements.
Overview
32
32
years of professional experience
23
23
year of post-secondary education
Work History
Director
Institute of Environmental Studies
Amasaman
03.2025 - Current
- Developing partnerships with government agencies and NGOs for training and workshops.
- Leading strategic initiatives to promote sustainable environmental practices across various sectors.
- Overseeing program implementation and ensuring adherence to environmental regulations and standards.
- Managing cross-functional teams to deliver comprehensive environmental education programs.
- Coordinating workshops and seminars to raise awareness on pressing environmental issues.
- Facilitating stakeholder engagement sessions to gather input on environmental policies and programs.
- Directing the IES's daily operations, ensuring compliance with applicable laws and regulations.
- Spearheading innovative approaches to resource allocation and strategic planning.
Director of Finance
Environmental Protection Agency
Accra
04.2014 - 03.2025
- Provided effective leadership to the finance team to have strategic foresight into the Accounting and financial issues of the Agency and provided key performance indicators and accurate financial information to Management and governing Board.
- Reported on management accounts, budgets, forecasts to the internal finance committee, management and the finance sub-committee of the Board on monthly and quarterly basis.
- Advised management on Public Financial Management Act 2016 (Act 921) and Regulations, 2019 (L.I 2378) and any other financial Act and regulations approved for financial management of Public Fund and ensured that the laws, regulations, and standards are complied in financial reporting.
- Facilitated budgeting processes to allocate resources effectively across programs.
- Timely preparation and presentation of financial reporting to ensure transparency and accountability in operations.
- Collaborated with cross-functional teams to align financial goals with the Agency 's missions.
- Facilitated development of policies to enhance fiscal responsibility and sustainability efforts.
- Analyzed financial data to inform decision-making for the Agency 's priorities.
- Collaborated closely with other departments to develop comprehensive budget models that reflect organizational goals.
- Provided oversight for accounts receivable and payable functions, payroll processing, investments, and treasury operations.
- Established policies and procedures related to accounting systems, internal controls, budgeting, forecasting, and procurement.
- Monitored cash flow, prepared monthly financial statements, and analyzed trends to ensure appropriate use of funds.
- Reviewed financial reports for accuracy and completeness in compliance with Generally Accepted Accounting Principles.
- Managed the preparation of all external financial reporting including audited financial statements.
- Coordinated audit activities with external auditors ensuring timely completion of audits.
- Implemented rigorous cost-control measures, achieving significant savings without compromising organizational performance.
- Managed treasury functions, including cash management, investments, and liquidity strategies to optimize financial resources.
- Developed and maintained strong banking relationships, securing favorable terms for credit facilities and other financial services.
- Introduced software tools and process improvements to mitigate loss and drive operational growth.
- Supervise monthly preparation of reconciliation of bank accounts and took corrective actions on deviations.
Head of Internal Audit
Environmental Protection Agency
Accra
12.2008 - 03.2014
- Provided leadership for the audit team and effectively handled the internal audit functions including operational audit, financial audit, risk management, internal control review and provision of advisory services to management.
- Made presentations to the Audit Report Implementation Committee (ARIC) on audit reports submitted and annual audit plan.
- Identified financial, operational and compliance related control weaknesses and making recommendations to management to help improve the internal control system.
- Facilitated training of staff on audit procedures, audit technics and best practices for efficiency.
- Collaborated with external auditors to enhance overall audit effectiveness.
- Monitored progress of corrective action plans implemented by management.
- Ensured all audit engagements were conducted in accordance with professional standards.
- Maintained effective communication between audit team members throughout the audit cycle.
- Analyzed business process flows to identify weaknesses in existing systems or procedures.
- Managed multiple concurrent projects while meeting tight deadlines.
- Documented work performed as part of a continuous quality assurance program.
- Interacted with various levels of staff within the organization to obtain information necessary for completion of engagements.
- Evaluated the adequacy of management's internal control system over financial reporting and operational activities and identified opportunities for improvement in internal control systems and procedures.
- Conducted risk assessments to identify areas of potential non-compliance with internal policies and procedures.
- Performed audits of operational and financial areas to check compliance.
- Coordinated project materials and schedules, facilitated communication and prepared reports.
- Supported efficient accounting operations with high-quality administrative support.
Project Accountant/Administrator
Registrar General
07.2006 - 11.2008
- Managed the residual assets and liabilities of two liquidated banks and reported to the Official Liquidator.
- Monitored the performance of financial resources of the projects and the remaining assets of the banks to ensure that the interests of the stakeholders are protected
- Managed Loan recoveries and discharge of mortgage documents.
- Managed and maintained project budgets, monitored expenses, and tracked financials.
- Ensured compliance with applicable laws, regulations, policies, procedures, and standards relating to financial activities of the project.
- Researched complex accounting issues that arise during a project lifecycle.
- Improved office organization by developing filing system and customer database protocols.
Associate Consultant
Pricewaterhousecoopers (Gh) Ltd
02.2000 - 06.2006
- Supported project management efforts at a mine site through successful transportation and disposal of the assets of the company and also managed the project timelines and deliverables, ensuring timely completion within budget.
- Assisted in review of financial claims and valuation of investment in the year 2006.
- Performed data analysis to identify trends, and areas of inconsistency on compensation package for a client that significantly reduced the amount that would have been paid.
- Leveraged on-site observations and personal interviews to identify challenges that enhanced successful management of distressed workers whilst handling Bonte Gold Mines’ liquidation project in 2004.
- Analyzed client needs to develop tailored consulting strategies.
- Collaborated with teams to implement effective business solutions.
- Assisted in conducting market research and data analysis projects.
- Collaborated with cross-functional teams to ensure project alignment with client objectives.
- Supported the collection and analysis of client feedback for service improvement.
- Maintained clear and effective communication with clients throughout project lifecycle.
- Participated in client meetings, offering insights and updates on project status.
- Maintained positive working relationship with fellow staff and management.
- Set specific goals for projects to measure progress and evaluate end results.
- Identified areas for improvement, narrowing focus for decision-makers in making necessary changes.
- Monitored operations and reviewed records and metrics to understand company performance.
Account and Administrative Officer
S. K. Diawuo Enterprise
Accra
01.1998 - 12.1999
- Prepared cash flow projections and budgets as well as final financial statements and cash flow statement.
- Handled the relevant processes and documentations on importation and clearing of equipment and raw materials from Germany and Korea.
- Coordinated schedules and appointments for management meetings and events.
- Processed invoices and managed vendor relationships to support procurement activities.
- Oversaw inventory management and supply orders to maintain availability of stock for customers.
- Organized and maintained filing systems for confidential documents, correspondence, and reports.
- Ensured compliance with all organizational policies and procedures relating to administrative operations.
- Coordinated travel arrangements, including flights, hotels, car rental reservations, and ground transportation.
- Negotiated contracts with suppliers, securing favoruable terms and cost savings.
- Handled incoming and outgoing correspondence, including email, mail, and package deliveries, ensuring timely distribution.
Cost and Financial Accounting Tutor
Sunyani Secondary School
Sunyani
01.1994 - 12.1997
- Facilitated group discussions to enhance collaborative problem-solving skills and reinforce key accounting concepts and principles.
- Evaluated student progress through regular assessments and feedback sessions.
- Mentored students in time management and study techniques for success.
- Created a supportive learning environment where all students felt comfortable asking questions.
- Demonstrated techniques for solving problems related to accounting theories and practices.
- These resulted in excellent performance in both senior secondary school and advanced level results of the students
Education
Diploma - Environmental Management
Galilee International Management Institute
Israel11.2011
Master of Arts - Economic Policy Management
University of Ghana
Accra 07.2010 - 06.2011
Bachelor of Commerce - Diploma in Education
University of Cape Coast
06.1994
Ordinary and Advanced level certificates -
Wenchi Secondary School
01.1989
Skills
- GIFMIS and Pastel proficiency
- Budgeting and financial management
- Financial reporting and analysis
- Internal controls and compliance
- Project management and planning
- Risk assessment and mitigation
- Team leadership and collaboration
- Stakeholder engagement and communication
- Problem solving and critical thinking
- Data analysis and interpretation
- Legal compliance and regulatory knowledge
- Strategic planning and execution
- Relationship building and networking
- Time management and prioritization
Hobbies and Interests
- Watching football
- Computations
- Reading
Training
- IIA International Conference, 2022, Chicago, Illinois - USA
- IIA International Conference, 2019, Los Angeles, California - USA
- Certified IFRS Specialist Course, 11/11/18 - 11/15/18, Dubai, UAE
- IIA International Conference, 2017, Sydney, Australia
- Managing Financial Reforms: MTEF and Performance Based Budgeting, 09/05/16 - 09/16/16, Boston, USA
- Budget Outlook and the changes in the Tax Act, 01/28/16, La Palm Royal Beach
- Planning & Conducting Audits in a Risk Management Context, 11/12/13 - 11/13/13, Sun Lodge Hotel, Tesano, Accra
- IIA International Conference, 2013, Orlando, Florida, USA
- Combating Fraud in Government, Business and Civil Society Organizations, 09/24/12 - 10/05/12, United Kingdom
- Training in Environmental Assessment, Audit and Safety in Oil and Gas Development, 11/26/12 - 11/29/12, Ghana
- Environmental, Health and Safety Auditing Skills training, 04/23/12 - 04/25/12
- Internal Controls and Audit course, 02/08/09 - 02/20/09
- Leadership, Life and Sustainable Performance Training, 03/02/09 - 03/05/09, South Africa
- Seminar on ‘An insight into fraud and forensic Audit’, 07/17/09, Teachers Hall, Accra
- ACCA Ghana branch CPD seminar on New Skills for Internal Auditors, 05/15/08, Novotel Hotel, Accra
References
- Mr. Henry Kwabena Kokofu, Executive Director, Environmental Protection Agency, Box M326, Accra, Greater Accra, 024-660-3060
- Mr. Ebenezer Appah-Sampong, Deputy Executive Director (Technical Services), Environmental Protection Agency, Box M326, Accra, Greater Accra, ebenezer.appah-sampong@epa.gov.gh, 050-130-1746
- Mr. Eric Nipah, Partner, PricewaterhouseCoopers (GH) Ltd, PMB CT 42, Cantonments, Greater Accra, eric.nipah@gh.pwc.com, 027-751-1111
Contact
Post Office Box M326, Accra, Greater Accra, Ghana, peeykay2010@gmail.com, 024-343-5131 / 027-7550-734, 12/11/68, Ghanaian
Timeline
Director
Institute of Environmental Studies
03.2025 - Current
Director of Finance
Environmental Protection Agency
04.2014 - 03.2025
Master of Arts - Economic Policy Management
University of Ghana
07.2010 - 06.2011
Head of Internal Audit
Environmental Protection Agency
12.2008 - 03.2014
Project Accountant/Administrator
Registrar General
07.2006 - 11.2008
Associate Consultant
Pricewaterhousecoopers (Gh) Ltd
02.2000 - 06.2006
Account and Administrative Officer
S. K. Diawuo Enterprise
01.1998 - 12.1999
Cost and Financial Accounting Tutor
Sunyani Secondary School
01.1994 - 12.1997
Diploma - Environmental Management
Galilee International Management Institute
Bachelor of Commerce - Diploma in Education
University of Cape Coast
Ordinary and Advanced level certificates -
Wenchi Secondary School