Wilfred Ashong-Lamptey
Accra
Summary
I am an ambitious Finance professional offering over ten years of experience increasing productivity through automation of processes. Confident individual with track record of accurate reporting and analysis. Highly experienced in mentoring employees, leading talented teams and making decisions promptly.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Finance Manager
Ai Energy Group.
East Legon
04.2023 - Current
- Management of all assets to ensure there is no loss to the company.
- Prepared financial documents such as budgets, forecasts and reports.
- Reviewed and analyzed budget variances to ensure accuracy of financial information.
- Assisted in the development of internal controls to protect company assets.
- Analyzed complex financial data and generated meaningful reports for senior management.
- Provided guidance on accounting issues related to new business initiatives.
- Identified opportunities for cost savings through process improvements and automation initiatives.
- Created monthly performance metrics that tracked key performance indicators.
- Collaborated with external auditors during annual audits to ensure accuracy of financial statements.
- Established relationships with banking partners to secure favorable terms on financing arrangements.
- Developed forecasting models utilizing historical data trends to predict future revenues and expenses.
- Coordinated with other departments within the organization regarding budgeting matters.
- Managed financial transactions involving general funds and contracts to reduce cashflow challenges.
- Reviewed financial projections relating to business and industry trends and identified areas requiring improvement.
- Built financial models to allocate resources, forecast cash and investment needs and make capital budgeting decisions.
Snr Financial Analyst
Sommalife Ltd.
Wa
12.2022 - 03.2023
- Analyze past and current financial data to identifying trends and advise management on strategy and business focus
- Advised management on development of long-term commercial plans
- Make recommendations to management on budgets and improvements from analytics
- Developed financial models, financial forecast and advised management on opportunities
- Advised on policies to improve financial growth and improve stability
- Advised on all tax related matters and liaised with auditors to conduct financial audits on time
- Serve as external advisor to farmers and train them on financial management and tax related matters.
- Performed quantitative analysis of historical data to identify patterns or anomalies in the data set.
- Drafted presentations summarizing key findings from financial analyses.
- Interpreted accounting policies and procedures to ensure regulatory compliance.
- Prepared monthly balance sheets, income statements, cash flows statements, budgets.
- Analyzed complex financial information to offer recommendations to management, driving decision-making.
- Evaluated financial records for accuracy and conformance to regulations.
- Administered and maintained data to facilitate tracking and trending analysis.
- Utilized statistical, economic and financial principles and techniques to prepare reports and other requests.
- Illustrated concepts with charts and graphs showing historical and forecasted trends.
Finance Manager
Kobo360 Gh. Ltd.
Nungua
09.2020 - 05.2022
- Coordinated processing of transporter invoices and timely payments to transporters
- Managing receivables and ensuring timely payments from the cargo owners within the agreed terms
- Preparing monthly financial reports, treasury management and working capital management
- Oversee the entire finance function and ensure closure of statutory audits
- Reporting directly to the Head of Financial Planning -Africa Region on all finance related matters
- Supervise officers on schedule preparation and timely payments of taxes and statutory deductions
- Supervise officers on preparation and maintenance of fixed asset register, payroll register, risk register etc.
- Prepared financial documents such as budgets, forecasts and reports.
- Monitored cash flow to ensure sufficient liquidity.
- Assisted in the development of internal controls to protect company assets.
- Analyzed complex financial data and generated meaningful reports for senior management.
- Evaluated existing processes within the finance department and identified areas for improvement.
- Collaborated with external auditors during annual audits to ensure accuracy of financial statements.
- Established relationships with banking partners to secure favorable terms on financing arrangements.
- Maintained accounts payable and receivable records ensuring timely payments are made.
- Managed financial transactions involving general funds and contracts to reduce cashflow challenges.
- Calculated and prepared checks for utilities, taxes and other payments.
- Promoted finance products to customers and sales force to increase penetration.
- Analyzed actual financial results vs budget to prepare variance reporting to functional groups.
- Made estimates of funds required for short and long-term financial objectives of organization.
- Analyzed sales activity to identify and correct cost errors or price discrepancies.
- Reviewed financial projections relating to business and industry trends and identified areas requiring improvement.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Managed relationships with tax authorities, bankers and auditors.
- Coordinated preparation of external audit materials and external financial reporting.
- Conducted reviews and evaluations for cost-reduction opportunities.
- Maintained regular performance appraisals for subordinates through verbal, written and on-going review programs.
- Created financial management mechanisms to minimize financial risk to business.
- Communicated with stockholders or other investors to provide information or raise capital.
Finance Manager
McDan Shipping Co. Ltd.
Airport
10.2019 - 08.2020
- Oversee administration of the finance department, financial audits and tax audits
- Oversee the planning, preparation and implementation of the annual budget
- Review and approve all entries to ensure accurate records
- Design schedules for fleet management, job profit analysis among others
- Liaise with the operations department on fund requirements and cashflow management
- Act as liaison with company bankers on payments transfers and other bank related matters
- Preparation of monthly management reports and tax planning
- Lead the finance team on follow up with collecting receivables.
Assistant Manager, Audit and Assurance
IAKO Consult, Chartered Accountants.
Asylum Down
01.2017 - 09.2019
- Trained new staff and service personnel on accounting principles and company procedures
- Reconstructed accounting records from clients' checks and cash receipts
- Model client financials based on expectation of performance Conduct tax audits, file tax returns and prepare reports in compliance with laws and standards
- Supervise and coordinate assigned audits promptly and professionally
- Review and analysis of project portfolio and assessing optimum financing options for projects
- Conducted and drafted reports on due diligence and business valuations and prepared financial pages and draft annual audit reports to senior management
- Wrote reports, authored papers and organized supporting documentation.
- Performed audits of operational and financial areas to check compliance.
- Planned and led team meetings to review business results and communicate new and ongoing priorities.
- Provided leadership, insight and mentoring to newly hired employees to supply knowledge of various company programs.
- Delegated work to staff, setting priorities and goals.
- Planned and executed comprehensive audit program in line with FFIEC requirements to evaluate and audit [Type] software.
- Carried out in-depth audits using [Software].
- Adhered to audit principles, standards and practices to keep company in good standing.
- Managed and coached teams of up to [Number] individuals on audit projects.
- Assessed compliance risk, developed audit work plans and documented findings.
- Organized and deployed resources to execute audit plans.
Audit Associate
IAKO Consult, Chartered Accountants.
Asylum Down
06.2015 - 12.2016
- Lead audit teams in planning and Conducting audits in line with auditing and accounting standards, statutory requirements and organizational policy
- Preparation of audited financial statements and writing management reports on assignments
- Interpretation of financial information using trend analysis, forecasts and other market and industry factors for decision making, financial modelling and analytics
- Revenue assurance review, tax consultancy, business advisory, budget and other organizational planning advisory.
- Conducted financial audits of clients' records, including accounts payable and receivable, payroll, and general ledger transactions.
- Reviewed management's reports to identify discrepancies or irregularities in accounting practices.
- Reviewed client contracts and agreements for accuracy and compliance with applicable laws and regulations.
- Prepared detailed workpapers documenting all audit evidence obtained during the course of an engagement.
- Provided consulting services on complex accounting issues such as revenue recognition, deferred taxes, consolidation of subsidiaries.
- Monitored changes in legislation affecting accounting practices and provided guidance on implementation of these changes.
- Drafted written summaries outlining findings from audit engagements for senior management review.
- Maintained up-to-date knowledge base concerning current trends in auditing best practices.
- Analyzed balance sheets for mistakes and inaccuracies.
Audit Assistant
PKF, Chartered Accountants.
Adabraka
04.2013 - 05.2015
- Assisted in conducting independent audits in line with the international standards for auditing, accounting standards, Statutory requirements and organizational policies and procedures
- Compiled queries on matters that do not correspond to the standard and procedures Passed journal entries together with client representative to correct identified errors
- Inspected general ledger for its accuracy and conducted analytical reviews amongst others
- Performed financial analysis to identify discrepancies in accounting data and created reports to document findings.
- Reviewed client's general ledger accounts and reconciled account balances on a monthly basis.
- Assisted with the preparation of audit working papers, including gathering supporting documentation for testing purposes.
- Conducted audit tests to evaluate internal control systems and assessed accuracy of financial records.
- Analyzed business processes and procedures to ensure compliance with GAAP guidelines.
- Prepared detailed schedules for auditing purposes, such as revenue and expense accounts or inventory items.
- Participated in meetings with clients to discuss audit results and recommendations for improvement.
- Maintained up-to-date knowledge of Generally Accepted Accounting Principles standards.
- Developed relationships with clients through effective communication skills while conducting interviews regarding their financial statements.
- Reviewed client's legal documents including contracts, leases, deeds., ensuring accuracy of information contained therein.
- Prepared workpapers documenting all research performed during the course of the audit process.
- Collaborated with other members of the team in order to complete assigned tasks efficiently.
- Analyzed complex financial statements using specialized software programs such as Microsoft Excel.
- Tested client's system controls to ensure they were operating effectively according to applicable regulations.
- Generated various reports summarizing audit findings for senior management review.
- Established alternative audit, accounting and internal control procedures and recommended process improvements to aid clients in addressing deficiencies.
Unit Administrator
Christian Community Microfinance Limited
Ashaiman
07.2012 - 03.2013
Finance Officer (Contract)
St Patrick Hospital
Maase Offinso
09.2011 - 12.2011
Education
MBA Petroleum Accounting and Finance -
University of Professional Studies, Accra
HND Accountancy -
Accra Technical University
West African Senior Secondary School Certificate -
St. Thomas Aquinas Secondary School
Skills
- Knowledge in Microsoft office suit
- Accounting software knowledge in SAP, QuickBooks, Xero, Sage etc
- Financial Modelling and business analytics
- Regulatory Compliance
- Budget Forecasting
- Written and Interpersonal Communication
- Mentoring and Training
- Portfolio Management
Languages
English
First Language
French
Elementary
A2
Accomplishments
- Created highly effective new program that significantly impacted efficiency and improved operations.
- Drove double percentage improvement of sales in three months profits through smart buying.
- Maintained our profit margin even with increased sales and new untested customers to boost revenue.
Certification
- Certified Chartered Accountant, Institute of Chartered Accountants Ghana - 2016
Basic French
- Je m'apelle Wilfred
Timeline
Finance Manager
Ai Energy Group.
04.2023 - Current
Snr Financial Analyst
Sommalife Ltd.
12.2022 - 03.2023
Finance Manager
Kobo360 Gh. Ltd.
09.2020 - 05.2022
Finance Manager
McDan Shipping Co. Ltd.
10.2019 - 08.2020
Assistant Manager, Audit and Assurance
IAKO Consult, Chartered Accountants.
01.2017 - 09.2019
Audit Associate
IAKO Consult, Chartered Accountants.
06.2015 - 12.2016
Audit Assistant
PKF, Chartered Accountants.
04.2013 - 05.2015
Unit Administrator
Christian Community Microfinance Limited
07.2012 - 03.2013
Finance Officer (Contract)
St Patrick Hospital
09.2011 - 12.2011
MBA Petroleum Accounting and Finance -
University of Professional Studies, Accra
HND Accountancy -
Accra Technical University
West African Senior Secondary School Certificate -
St. Thomas Aquinas Secondary School