Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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SAMUEL KOMONG KINANSUA

Accra

Summary

I have an in-depth experience in Accounting and Finance. Also, a Chartered Accountant with certification and membership from the Institute of Chartered Accountants Ghana (ICAG) - Professional and I hold a Master's degree in Accounting and Finance (Msc Accounting and Finance) from the Kwame Nkrumah University of Science and Technology. My strengths include but are not limited to Developing Financial framework/Accounting Manual, analyzing Financial Statements and creating accounting metrics to enhance Management and stakeholders' decision. I also have Hands-on experience in QuickBooks accounting software which has helped me gain strong understanding in Monitoring Account Payable and Receivable Aging, end of month closing etc. I am Self-Organized, Detail-oriented and I possess the Ability to work under pressure with little or no Supervision.

Overview

7
7
years of professional experience

Work History

Senior Accounting Officer

Platinum Orthodontic and Dental Services
04.2024 - Current
  • Preparation of Financial Statements and tax returns (PAYE, WHT and CIT)
  • Analyze financial information to recommend or develop efficient use of resources and procedures
  • Responsible for recording all financial transactions into accounting software
  • Prepare and produce monthly Bank reconciliation statements for all Bank Accounts
  • Prepare monthly salaries and fees of staff, doctors, and specialists
  • Operate and manage petty cash
  • Ensure that all credit and debit card statements are reconciled every other day with bank statements
  • Maintain expenditure ledger for both foreign and local purchases
  • Maintain accounts payable ledger to ensure that there are no long overdue amounts
  • Assists in preparing and submitting monthly, quarterly and year end reports by the set dates
  • Manage debtors and follow up on outstanding payments by clients
  • Track client payments in advance for services
  • Track monthly stock and value and work with Administration Support to plan payments for reorders
  • Enhanced company''s internal control systems for better risk management and compliance with GAAP.
  • Coordinated with tax professionals to ensure accurate and timely filing of federal, state, and local tax returns, reducing potential liabilities and penalties associated with non-compliance issues.
  • Collaborated with external auditors during annual reviews to facilitate smooth audit processes and timely completion of audit reports.
  • Served as a key liaison between finance department and other operational units within the company to facilitate cross-functional collaboration efforts aimed at achieving overall strategic objectives.
  • Streamlined accounting processes by implementing efficient accounting software and automation tools.
  • Strengthened cash flow management by optimizing accounts receivable collections process and minimizing accounts payable discrepancies.
  • Reduced month-end closing time significantly by improving workflow and communication among the accounting team.
  • Improved financial accuracy by diligently reviewing and analyzing financial statements, reports, and reconciliations.
  • Ensured accurate revenue recognition through diligent review of contracts, invoices, and payment schedules.
  • Assisted in budget preparation, monitoring, and variance analysis to support strategic decision-making processes.
  • Prepared monthly journal entries and reconciliations.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Reconciled accounts and created documents for monthly closure procedures.

Accountant

Rakes Company Limited
11.2021 - 03.2024
  • Company Overview: Accra
  • Prepared of Financial Statements and tax returns (VAT, PAYE, WHT and CIT)
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Gathered financial information, prepared documents, and closed books.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
  • Used advanced software to prepare documents, reports, and presentations.
  • Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
  • Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
  • Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
  • Process monthly payroll for staff for review and approval and prepare monthly payroll reports
  • Liaised with Rakes Outsource contract clients and outsource personnel operational issues
  • Credit management and ensuring swift payment for smooth operation
  • Managed Account Receivables by ensuring that invoices to all clients are sent on time and reflect the truly expected figures
  • Managed Accounts Payables by keeping an adequate track of all pending bills
  • Conducted periodic employee appraisal and lead the Accounts/Finance Department
  • Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
  • Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
  • Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
  • Reduced financial risks by implementing robust internal controls and monitoring mechanisms.
  • Improved budget forecasting accuracy with detailed variance analysis between actual and budgeted figures.
  • Played key role in financial planning and analysis, contributing to company's long-term financial strategy.
  • Ensured accurate and timely payroll processing for over 200 employees, maintaining employee satisfaction and compliance with labor laws.
  • Diminished outstanding debts by analyzing accounts for issues.

Accountant

Chialin Company Limited
09.2018 - 10.2021
  • Prepared Financial statement and tax returns
  • Audited and analyzed financial performance
  • Oversee the procurement and utilization of inventories and other inputs
  • Monitored, assessed, and reviewed of inventories ledgers and reports
  • Processed monthly payroll for staff for review and approval and prepare monthly payroll reports
  • Negotiated contracts and agreements with clients and vendors to maximize profits and customer satisfaction
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.

Audit Assistant

Suglo & Associates
09.2018 - 10.2021
  • Reviewed general ledger transactions to identify errors or irregular entries.
  • Assessed financial statements and records.
  • Supported senior auditors in the preparation of detailed reports for management, outlining key findings and areas for improvement.
  • Completed audits in accordance with regulations and procedures.
  • Performed auditing work in accordance with rigorous auditing standards and principles.
  • Followed up to assess and report corrective action completion or progress.

Education

MSc - Accounting and Finance

Kwame Nkrumah University of Science And Technology
09.2024

Professional Accountant -

Institute of Chartered Accountants, Ghana
10-2021

BA - Business Studies - Accounting

University for Development Studies
07.2015

Skills

  • Proficient in Microsoft Office tools (Word, Excel, PowerPoint)
  • Proficient in Xero Accounting
  • Proficient in QuickBooks Accounting Software
  • Proficient in Sage Accounting
  • Proficient in Tally ERP
  • Proficient in Tally SAP
  • Proficient in Ultra Soft Accounting software
  • Proficient in data analytics using Microsoft Power BI
  • Proficient in data analytics using Excel
  • Financial Statement preparation and analysis

Accomplishments

  • Streamlined Financial Processes: I Implemented systems that significantly reduced the time required for financial reporting, thereby enhancing efficiency.
  • Cost Savings Initiatives: I Introduced cost-saving measures that led to substantial savings for the company, through optimizing expenses and identifying areas for improvement.
  • Improved Compliance: I Ensured strict adherence to accounting standards and regulations, thereby minimizing the risk of penalties or legal issues.
  • Strategic Financial Planning: I Played a crucial role in financial forecasting and strategic planning, which helped the company make informed decisions and achieve long-term goals.

Timeline

Senior Accounting Officer

Platinum Orthodontic and Dental Services
04.2024 - Current

Accountant

Rakes Company Limited
11.2021 - 03.2024

Accountant

Chialin Company Limited
09.2018 - 10.2021

Audit Assistant

Suglo & Associates
09.2018 - 10.2021

BA - Business Studies - Accounting

University for Development Studies

MSc - Accounting and Finance

Kwame Nkrumah University of Science And Technology

Professional Accountant -

Institute of Chartered Accountants, Ghana

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