Stephen Adusei
Accra
Summary
Experienced professional with several years of experience providing administrative, clerical and project support to accounting departments. Enterprising, cost-driven and well-organized with good project management skills. Sophisticated understanding of accounting systems and procedures.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Senior Accountant
Nenser Petroleum
Accra
01.2021 - Current
- Reviewed and analyzed financial statements to identify potential discrepancies.
- Maintained detailed records of account transactions, including invoices, payments, and journal entries.
- Assisted in developing budgeting processes and forecasting future revenue and expenses.
- Prepared monthly financial reports for management review.
- Monitored accounts payable activity to ensure accuracy and timeliness of payment processing.
- Analyzed general ledger accounts for accuracy and completeness on a regular basis.
- Provided support to internal and external auditors during the annual audit process.
- Developed strategies to improve accounting systems and processes.
- Ensured compliance with all applicable laws, regulations, policies, procedures, and standards of generally accepted accounting principles.
- Reconciled bank statements to general ledgers on a monthly basis.
- Identified opportunities for cost savings through analysis of current business practices.
- Advised senior management regarding complex accounting matters such as taxation issues or capital investments.
- Created new procedures for more efficient workflow within the department.
- Coordinated with other departments on various accounting activities such as month-end close process or budget preparation.
- Assisted in preparing tax returns for filing with government authorities.
Trade Finance Consultant
Euro Exim Bank
01.2022 - 01.2023
- Evaluated client needs and expectations, establishing clear goals for each consulting engagement
- Liaised with customers, management, and sales team to better understand customer needs and recommend appropriate solutions
- Collaborated with cross-functional teams to successfully deliver comprehensive solutions for clients
- Managed client relationships through regular check-ins and updates on project progress
- Enhanced communication among team members to foster collaborative and supportive work environment
- Analyzed data sets to identify trends and opportunities for process improvements within client organizations
- Enhanced client decision-making, synthesizing complex data into clear, concise reports and dashboards
Finance Officer
Petroleum Warehousing and Supplies ltd
01.2019 - 01.2021
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations
- Optimized cash flow management, ensuring timely payment of invoices and reducing outstanding debts
- Streamlined financial processes for increased efficiency and accuracy in reporting
- Verified compliance of financial policies and accounting procedures against federal regulations
- Analyzed financial statements against forecasts to prepare high-level variance analysis
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making
- Reduced financial risk by implementing robust internal controls and regular audits
- Enhanced internal control systems and procedures to mitigate risk and support opportunities
Education
CIT -
Chartered Institute of Taxation
01.2025
CA -
Institute of Chartered Accountants, Ghana
01.2023
Bcom - Accounting
University of Cape Coast
Cape Coast01.2023
Skills
- Generally Accepted Accounting Principles
- Expertise in SAP,SAGE 300
- Financial statement review
- GAAP proficiency
- General ledger updates
- Tax law expertise
- Payroll Oversight
- Payroll Processing
- Cost accounting
- Budget Administration
- Financial Reporting
- Team Training
- Bank Reconciliation
- Expense Tracking
Affiliations
- Institute of Chartered Accountants, Ghana, Member, 01/23
- The Room Fellowship, Member, 01/22
- Ga North District Society of Institute of Chartered Accountants, Ghana, Member, 01/24
Certification
- Corporate Finance Institute (CFI), Financial Modelling & Valuation Analyst, Business Intelligence & Development Analyst
- McKinsey & Company, McKinsey Forward Program, 05/22
Accomplishments
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Optimized cash flow management, ensuring timely payment of invoices and reducing outstanding debts.
- Streamlined financial processes for increased efficiency and accuracy in reporting.
- Verified compliance of financial policies and accounting procedures against federal regulations.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Reduced financial risk by implementing robust internal controls and regular audits.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
- Opened and negotiated good interest rates on call accounts for investment of idle funds resulting in 15% additional interest revenue generation.
- Successfully led my department on three consecutive end of year audits.
Honors and awards
Corporate Finance Institute (CFI), The award covered the fees for financial modeling and Valuation Analyst (FMVA) and Business Intelligence and Data Analyst (BIDA) program
Languages
- English, Native Language, Distinguished Levels in Listening, Speaking, Reading, and Writing
- French, Basic, eager to learn and improve
Timeline
Trade Finance Consultant
Euro Exim Bank
01.2022 - 01.2023
Senior Accountant
Nenser Petroleum
01.2021 - Current
Finance Officer
Petroleum Warehousing and Supplies ltd
01.2019 - 01.2021
CIT -
Chartered Institute of Taxation
CA -
Institute of Chartered Accountants, Ghana
Bcom - Accounting
University of Cape Coast
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