Summary
Overview
Work History
Education
Skills
Affiliations
References
Hobbies and Interests
Professionalmemberships
Trainingprogrammesattended
Certification
Timeline
Generic

ROBERT LARTEY

ACCRA

Summary

Seasoned finance executive with a proven track record at GOIL PLC, adept in strategic decision-making and optimizing working capital. Spearheaded investment mobilizations and financial strategy revamps, leveraging expertise in Sage ERP 300 and leadership skills to exceed financial targets.

Overview

29
29
years of professional experience

Work History

Head of Treasury

GOIL PLC
07.2019 - Current
  • Member Of these working Committees of Goil:
  • Credit control
  • Enterprise Risk Management
  • Product Pricing
  • Distribution
  • Go-Card Club

CHIEF FINANCE OFFICER/ CHIEF OPERATIONS OFFICER

IDEAL CAPITAL PARTNERS
07.2018 - 05.2019
  • Developed accounting manual for the subsidiaries
  • Mobilized investment in excess of Ghc15m within a year
  • Budget preparation and review
  • ALCO committee member
  • In charge of management accounts reporting
  • Preparation of end of year financial reports for external auditing
  • Reviewing of SEC (regulatory) reports
  • Financial analysis of potential client’s financial reports

Executive Director

WESTON GROUP
12.2013 - 06.2015
  • In charge of all subsidiaries’ financial reporting, managing investment portfolio of about Ghc70m
  • Initiate planning, budgeting and forecasting of the company's activities
  • Member of the executive management team responsible for group strategic plans
  • Preparation of regulatory financial reporting
  • Developed accounting manual for the subsidiaries
  • Mobilized investment of about Ghc20m within a year
  • Key member of corporate finance deals
  • Special projects include: Business valuations and reviews for take-overs or acquisitions
  • Acquisition of a financial institution in Liberia

Chief Finance Officer

WAPIC INSURANCE
12.2011 - 11.2013
  • Monthly submission of report to Group office (Nigeria)
  • Preparation of management performance reports for review meetings in Lagos
  • Chairman of credit control committee (Ghana)
  • Investment/ Treasury management; grew investment from Ghc2m to Ghc7m within two years
  • Quarterly preparation of management accounts
  • Annual budget preparation and analysis of variations
  • Member of Group management strategic team

Head of Finance

NSIA GHANA INSURANCE CO. LTD.
08.2011 - 11.2011
  • Part of the group finance committee
  • Participating in the group quarterly meetings on budget reviews
  • Management accounts review
  • Treasury management
  • Deputizing for the Managing Director
  • Administrative functions & supervision (good negotiation on supplier’s invoices)

Head of Finance

DONEWELL INSURANCE CO. LTD
01.2011 - 07.2011
  • Charged with the overall control of the finances of the company reporting on
  • Quarterly Returns to the regulators (National Insurance Commission) and to the Board
  • Supervising the duties of the entire staff of the department
  • Liaising with the Managing Director on investment decisions (introduced a portfolio mix)
  • Preparation of financial statements and management accounts
  • Coordinating and preparing the annual budget
  • Acting as Head of Administration
  • Lead a team on WAN configuration

Finance Manager

WIENCO FIBRES LIMITED
04.2008 - 04.2009
  • In-charge of the financial duties of the firm including treasury management, cashflow and budget preparation
  • Review of financial data in the accounting system as well as implementing new systems for proper and efficient running of the factory resources
  • Reconciliation of bank accounts, as well as debtors and creditors
  • Assist with administrative issues on a regular basis
  • Am also involved in the following activities for the company: Treasury management, Budgeting and Budgetary controls

Chief Accountant

ADVANS SAVINGS&LOANS GHANA LIMITED
09.2007 - 03.2008
  • Duties mainly involved: Drafted policies and internal procedures for the running of the finance Department
  • Drafting of accounting manual
  • Preparation of the company's internal audit and accounting procedures & manuals

Assistant Finance Manager

STAR ASSURANCE CO. LTD
02.2001 - 08.2007
  • Prepared financial reports, developed budgets, and performed variance analysis
  • Carried out internal regulatory compliance and operational efficiency
  • Preparation of final accounts for the mother company and other subsidiaries
  • Preparation of salaries and other associated regulatory returns
  • Preparation of annual budgets supervising operational activities
  • Liaising between external auditors and management during audit
  • Auditing of Branches financial and operational records quarterly

Finance Officer

PARRY & CO. LIMITED
11.1999 - 01.2001
  • Performed monthly account reconciliations and monitored general ledger transactions
  • Additionally, I worked in collaboration with the controller, to ensure accuracy and integrity of financial information, in support of overall business objectives
  • Monitoring sales representatives’ activities, Stock control and reconciliation, Cash and bank reconciliations
  • Reconciliation of client statements
  • Audit review of sales records

Accounts officer

INTER-LIFE & GENERAL INSURANCE CO. LTD
10.1995 - 10.1999
  • Carried out general ledger functions, including petty cash analysis, debtors and bank reconciliation, journal entries, and AR/AP
  • Recording of daily receipts and banking
  • Controlling of office petty cash
  • Preparation of bank reconciliation statements
  • Reconciling of investment schedules

Secondment from Star Assurance

UNICREDIT GHANA LIMITED
  • Directed financial management functions including development of monthly/quarterly financial statements, financial forecasts and budgets
  • Oversee general accounting functions, including AR/AP, account reconciliation and cash management
  • Develop highly skilled accounting and financial management teams to achieve established objectives
  • Spearheaded implementation of technology that improved tracking & reducing operational expenses
  • Reviewing Central Bank Reports
  • Presentation of management reports and financial statements to the board
  • In charge of automation of the banking Operations from manual operations

Education

MSc. - Development Finance

University Of Ghana Business School
06-2020

MBA - Finance

GIMPA
06-2012

BA - Sociology

University Of Ghana
06-2007

Skills

  • Sun Accounting Systems
  • Topaz Accounting
  • Sage ERP 300
  • Tally
  • Microsoft Word
  • Microsoft Excel
  • Microsoft Power Point
  • Credit facility negotiation
  • Working capital optimization
  • Financial policy formulation
  • Debt issuance coordination
  • Interest rate risk management
  • Structured finance
  • Strategic Decision-making
  • Project finance expertise

Affiliations

  • Rotary Club, 2015 - Present
  • Institute of Public Accountants (Australia)
  • Chartered Global Investment Analyst (CGIA)

References

  • Seth Neenas Lartey, Director of Finance, AirGhana Ltd, Airport, Accra, Greater Accra
  • Robert Dowuona-Owu, Chief Operating Officer, Ghana Commodities Exchange, Accra, Greater Accra

Hobbies and Interests

  • Football
  • Tennis
  • Music
  • Positive & productive discussions
  • Computer applications

Professionalmemberships

  • Institute of Chartered Accountants Chartered Accountant Ghana (ICA Ghana), 2009
  • Chartered Global Investment Analyst, 2018

Trainingprogrammesattended

  • Time management, CB Arthur & Associates
  • Analyzing of financial reports, I.P.S. Legon
  • Budgeting and Budgetary controls, MDPI
  • Compliance with IFRS, ICA, Ghana
  • Introduction to money and capital markets, Ghana Stock Exchange
  • Effective treasury management, ICA, Ghana
  • Treasury and Financial Risk Management, GLOMACS (London-UK)

Certification

  • CHARTERED ACCOUNTANT, INSTITUTE OF CHARTERED ACCOUNTANTS-GHANA

Timeline

Head of Treasury

GOIL PLC
07.2019 - Current

CHIEF FINANCE OFFICER/ CHIEF OPERATIONS OFFICER

IDEAL CAPITAL PARTNERS
07.2018 - 05.2019

Executive Director

WESTON GROUP
12.2013 - 06.2015

Chief Finance Officer

WAPIC INSURANCE
12.2011 - 11.2013

Head of Finance

NSIA GHANA INSURANCE CO. LTD.
08.2011 - 11.2011

Head of Finance

DONEWELL INSURANCE CO. LTD
01.2011 - 07.2011

Finance Manager

WIENCO FIBRES LIMITED
04.2008 - 04.2009

Chief Accountant

ADVANS SAVINGS&LOANS GHANA LIMITED
09.2007 - 03.2008

Assistant Finance Manager

STAR ASSURANCE CO. LTD
02.2001 - 08.2007

Finance Officer

PARRY & CO. LIMITED
11.1999 - 01.2001

Accounts officer

INTER-LIFE & GENERAL INSURANCE CO. LTD
10.1995 - 10.1999

Secondment from Star Assurance

UNICREDIT GHANA LIMITED

MSc. - Development Finance

University Of Ghana Business School

MBA - Finance

GIMPA

BA - Sociology

University Of Ghana

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