Samuel Oduro

Work History

General Manager

IKM Ghana

Accra/Sola, Ghana/Norway

01.2022 - Current

Prepare and deliver monthly, quarterly or annual target inputs for revenue, profits and cash
Built and maintained loyal, long-term customer relationships through effective account management.
Tracked KPIs to drive profitability and target delivery.
Produce business performance reports inputs, which could be on a monthly or quarterly basis
Recruit and manage staff, including performance monitoring, and possibly mentoring and training
Set employee goals and objectives
Develop staff to maximize potential
Monitor staff performance including performance reviews
Evaluate current business processes and systems
Establish and maintain department/unit policies and practices
Assist to Co-ordinate financial and budget activities for maximum operational efficiency
Review performance data (financial, sales and activity reports) to monitor and measure productivity, goal progress and activity levels
Implement and Live the Company Wide Policies, Procedures and other Governing Documents
Establish, develop, and maintain working procedures enabling the operation to run in a safe and efficient manner
Make sure laws, regulations and industrial requirements are followed
Recruit and train staff in accordance
Ensure healthy cash flow
Timely and accurate reporting of financial, commercial and operational performance
Identify and manage business risks
Promote IKM within the region
Work with BD to Identify new opportunities
Ensure submission of tenders
Participate in relevant Tender Board.

FPA/Senior Project Finance Controller

DeepOcean

Accra/Haugesund/Stavanger, Ghana/Norway

07.2019 - 01.2022

Oversee all the accounting function and ensuring that accounting records are kept appropriately and that reported results comply with accounting standards and relevant
Served as finance business partner to drive strategic business decisions.
Co-ordinating and leading the preparation of the budgets and financial forecasts, preparing monthly financial statements and other periodic financial reports by keeping senior leadership abreast of financial status
Led financial operations of business line, a P&L size of $35M
Supports the executive management team by offering insights and financial advice that will allow them to make the best business decisions for the region
Ensuring that the finance team operates within a robust control environment and being the principle point of contact for external auditors
Managed and mentored 8 employees across the African region
Responsible for month-end closing and alignment with the African region
Implemented cost-control measures, optimising expenditure within budgetary constraints.
Preparing project budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate
Manage organizational cash flow forecasting by working in partnership with the Group Treasury.

Interim Finance Manager

DeepOcean

Accra/Haugesund/Stavanger, Ghana/Norway

08.2018 - 11.2018

Provide leadership to finance and accounting areas of the organization
Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
Prepare and analyse accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast
Review financial data
Cash flow forecast and allocation of funds
Managing financial accounting, monitoring and reporting systems
Managing budgets and variance reporting
Aid management in financial decisions
Ensure that sufficient funds are available to meet ongoing operational
Maintain banking relationships.

Cost Controller

DeepOcean

Accra/Haugesund/Stavanger, Ghana/Norway

05.2018 - 06.2019

Guided senior management in financial matters, evaluating costs and ROI to support informed decision-making.
Reviewed financial statements and analysed expenditures to address budget overages.
Analysed financial data and suggested actionable improvements to meet budget constraints.
Utilised financial modelling to develop financial forecasts and support ongoing strategy.
Negotiated favourable contracts to reduce purchasing costs.
Worked with procurement teams to streamline supply chain operations and support cost-effective purchases.
Drafted financial reports and presentations detailing operational needs and key insights.
Prepared and presented cost reports, providing insights and recommendations for cost-saving measures.
Implemented internal controls and cost-reduction initiatives in support of corporate goals.
Implemented budgeting strategies to improve cost management.
Guided decision-making processes with insightful cost trend analysis reports.
Analysed complex financial data, leading to identification of key areas for improvement in spending habits.
Tracked project costs, resulting in enhanced budget compliance.

Accountant General

DeepOcean Ghana Limited

Accra, Ghana

04.2015 - 04.2018

Reviewing and controlling of Incoming invoices (external and intercompany)
Preparation of sales invoices (external and intercompany)
Treasury and Cash Management and Reporting to Group
Monthly VAT reporting
Cost and revenue accruals
Fixed assets – additions, disposals, depreciations
Exchange rate revaluations
Assist in the preparation and review of project financials
Responsibility of monthly cash call & cash forecast
Reporting
Financial statistics – monthly/quarterly/yearly
Other requested public reporting
Monthly budget monitoring reports per department to managers
Responsibility for ensuring that internal policies & procedures are adhered to (e.g
Procurement procedures, authority for expenditure) and creating a strong control environment
Assist Finance Director with ad-hoc assignments.

Accountant

Stallion Trust and Administration Company Limited (STAC)

Accra, Ghana

08.2012 - 09.2014

Analysed monthly balance sheet accounts for corporate reporting.
Created quarterly and yearly balance sheets to track financial trends and performance.
Prepared monthly bank reconciliations with 100% accuracy.
Maintained integrity of general ledger, including chart of accounts.
Analysed monthly reporting to reconcile production operations and general ledger.
Created periodic reports comparing budgeted costs to actual costs.
Reviewed and processed employee expense reports and vendor invoices for payment.
Prepared VAT and income tax forms for commercial and individual clients.
Resolved reporting errors by conducting investigations and amending accounting entries in line with regulations.
Led tax compliance initiatives to ensure regulatory alignment.

Summary

Overview

Work History

General Manager

FPA/Senior Project Finance Controller

Interim Finance Manager

Cost Controller

Accountant General

Accountant

Education

MBA - Business

Some College (No Degree) - Accounting

Chartered Accountant, Member. -

Bachelor of Commerce (BCOM) - Accounting and Finance - undefined

WASSCE Certificate-Business Accounting - undefined

Skills

Nationality

Languages

Affiliations

Certification

References

Timeline

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