Richard Owusu-Offei
Accra
Summary
Highly collaborative Director of Finance with strong skills in statistical analysis and performance. Poised and sharp with skill to translate financial metrics into actionable details. Exceptional performance outlining strategic financial directions for business growth.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Director of Finance and Administration
LDC Data Services Limited
Accra, Ghana
05.2023 - Current
- Managed a high-performing finance team, providing guidance and mentorship to foster professional growth and development.
- Collaborated with executive leadership team in developing long-term financial goals, ensuring alignment with overall business objectives.
- Streamlined financial reporting processes by implementing more efficient software systems and optimizing data management.
- Optimized cash flow management through diligent monitoring of receivables, payables, and investment activities.
- Consolidated financial statements for multiple subsidiaries, ensuring accuracy and compliance with GAAP and IFRS standards.
- Developed accurate monthly forecasts using historical data trends combined with current market conditions for enhanced decision-making capabilities.
- Instituted best practices in financial management processes by conducting regular reviews of procedures, policies, and systems for continuous improvement opportunities.
Financial Consultant
GYROPOD SURVEY CONSULT LTD
Tarkwa, Ghana
06.2021 - 04.2023
- Develop and maintain financial integrity of the business with regards to sound financial management
- Build robust internal control policies and processes for the business. Furthermore, integrate sound operational polices on procurement.
- Design and build budgets for operations in the business and also help analyze the budget periodically
- Organize training segments on financial management occasionally for the finance team.
- Provided ongoing support for clients experiencing financial challenges, offering guidance on debt management and budgeting techniques.
- Analyzed market trends and identified investment opportunities, resulting in enhanced portfolio performance.
- Managed a diverse range of client portfolios, consistently outperforming benchmark indices.
- Built strong relationships with clients through consistent communication and exceptional customer service.
- Implemented tax-saving strategies for clients, maximizing returns and minimizing liabilities.
- Conducted thorough due diligence on potential investments, ensuring alignment with clients'' risk tolerance and objectives.
- Expanded client base through targeted marketing efforts and referrals from satisfied customers.
Financial Controller
BUSAC FUND
02.2017 - 05.2021
- Maintained integrity of general ledger, including the chart of accounts
- Generated financial statements and facilitated account closing procedures each month
- Analyzed and researched reporting issues to improve accounting operations procedures
- Created periodic reports comparing budgeted costs to actual costs
- Compiled general ledger entries on a short schedule with nearly 100% accuracy
- Trained new Grantees on accounting principles and company procedures
- Computed taxes owed by applying prescribed rates, laws and regulations
- Completed and posted bills, contracts, policies and cheques.
Account Controller
The Coca Cola Bottling company of Ghana
08.2013 - 01.2017
- Discovered major instances of fraud, embezzlement and large balances due
- Worked with managers to develop annual expense plan goals
- Provided timely actuals, forecast and budget data for IT and corporate management
- Performed periodic budgeting/modelling to project monthly cash requirements
- Collected and reported monthly expense variances and explanations
- Assisted management with the finalization of the annual expense plans
- Prepared financial pages for presentation to senior management
- Maintained fixed asset module and calculate and record monthly depreciation expense.
Business Application Support Supervisor
The Coca Cola Bottling Company of Ghana
08.2012 - 07.2013
- Coding, classification and grouping of Spare parts into various family for easily identification
- Define warehouse and bin management for managing Spare parts
- Implement new workflow for materials and services management (Iscala Software)
- Carry out raw material stock updates in to the system Iscala
- Import back to their system warehouses with new stock codes
- Carry out stocktaking monthly and update with reconciled figures where appropriate
- Regular visit the Spare parts store to do a surprise physical count against theoretical and if there are any differences queries are issued to the managers of the store for explanation
- Organize training sections for the Spare parts management team on the use of the software and effective stores management.
Audit Supervisor
The Coca Cola Bottling company of Ghana
11.2009 - 07.2012
- Check and report on breakages and shortages of glass bottles and finished product daily to management
- Daily report on sales and ensure that every single invoice sent out by the salesmen are paid and accounted for in the system - bonPC system
- Perform internal audit on purchase raw material to ascertain whether the price purchased are fair market price
- Monitor and track the movement of finished from production to warehouse to check if all produced are transferred and captured in the system properly
- Occasionally have to cause the seizure of goods without waybill from salesmen who attempt to move them out of the company
- Review customers debts position and do a reconciliation with them
- Daily Checking of Sales Settlements to ensure transactions are paid accurately
- Ensuring that all operational transactions are complied, consistent and conform to the policies set by the company.
Education
MBA - Accounting And Finance
University Of Professional Studies
Accra, Legon01.2014
Bachelor of Commerce: Accounting -
University of Cape Coast
01.2007
Secondary Education Exam -
Ghana Secondary School
01.2002
Skills
- Financial Reporting
- Bookkeeping
- Fiscal budgeting
- MS Office Suite
- Budget analysis
- QuickBooks expert
- ERP (Enterprise Resource Planning) software
- Revenue Recognition
- Business Partnering
- Cost Control
- Working capital management
- Audit management
- Cash Flow Management
- Internal Controls
Certification
- Audit Report Writing, RM Consult & Training, 12/13/2012
- Theft and Fraud Detection, RM Consult & Training, 03/26/2012
- Certificate in Project Management, College of Project Professionals, 03/18/2013
References
- Christian I. Aduamoah, Finance Manager, Webster University, christianaduamoah@gmail.com, +233243551591
- Patrick Amoah Sarfo, Internal Auditor, Ghana Civil Aviation Authority, pamoah@caa.com.gh, +233244061966
- Ing. Kofi Barima Bonsu, CEO, Gyropd Survey Consult Ltd, adwinbb@yahoo.com, +233553366136
Hobbies and Interests
ADMIRING NATURE
Timeline
Director of Finance and Administration
LDC Data Services Limited
05.2023 - Current
Financial Consultant
GYROPOD SURVEY CONSULT LTD
06.2021 - 04.2023
Financial Controller
BUSAC FUND
02.2017 - 05.2021
Account Controller
The Coca Cola Bottling company of Ghana
08.2013 - 01.2017
Business Application Support Supervisor
The Coca Cola Bottling Company of Ghana
08.2012 - 07.2013
Audit Supervisor
The Coca Cola Bottling company of Ghana
11.2009 - 07.2012
MBA - Accounting And Finance
University Of Professional Studies
Bachelor of Commerce: Accounting -
University of Cape Coast
Secondary Education Exam -
Ghana Secondary School