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Patience Konadu Finance Manager

Ghana LinkedIn
BudgetingCashflow forecastingExcellent communicationExternal AuditFinancial AnalysisIFRS ReportingInternal control reviewsPower Point and Excel)Proficient in Microsoft Office Applications (Wordteam playerUS GAAP Reporting

Professional Summary
I am a Chartered Accountant with wealth of experience in Finance, Accounting, Taxation and Audit. My long exposure in these fields has earned me a lot of experience as a proactive, results oriented and a team player who is able to adapt to diverse situations.

My career objective is to seek a more challenging role to bring to bear my expertise, skills, and wealth of experience towards achieving organisational goals and objectives and deepen my commercial experience.

Areas of expertise
·       Business process and internal control reviews

·       Financial statement audit and integrated audit

·       Risk assessments

·       Due diligence reviews

·       Financial reporting
·       Grant/Fund Management and Monitoring Services for donor-funded projects

·      Budgeting and cash flow forecasting

·      Cash and treasury management

·      Financial modelling and analysis for decision making

Work History

December 2016-Current

Finance Manager | Right to Dream Foundation| Ghana

·   Improved overall financial reporting by redesigning control processes and reporting structures.

·   Verify that payments are approved, adequately supported and are within approved budgets.

·   Prepared budgets, cash flow projections, cost analysis and monthly, quarterly and annual reports to the CEO and the Board.

·   Trained new and existing staff members in various financial procedures to ensure that they were prepared for their job duties.

·   Identified and led improvement changes regarding key processes for internal controls and accounting procedures.

·   Reduced annual audit adjustments by 100% through better controls over financial reporting.

·   Managing external relationships with appropriate contacts such as donors, auditors, solicitors, bankers, suppliers and tax authorities.

·   Supervising and coordinating the annual statutory audits in compliance with IPSAS.

·   Reviewing daily accounting entries, journal entries, reconciliations and approvals.

·   Overseeing the monthly payroll process to ensure compliance with labour laws, withholding tax and social security requirements.

·   Supporting funding/grant applications by providing financial forecasts/financial reports for the fundraising team.

 

July 2014-November 2016

Senior Associate 2 | PricewaterhouseCoopers Ghana Limited | Accra, Greater Accra

·    Led teams of up to eight (8) accountants, to successfully plan and execute audit engagements for clients across international and local energy and mining, manufacturing and consumer goods industries and donor funded projects.

·   Led frontline client engagements on the field and acted as the main liaison between client senior management and Audit Committees and the firm’s engagement Manager/Senior Manager.

·   Controlled costs within budgets on engagements and consistently achieving a margin of 80% or more over audit fees. This was achieved by effective task allocations to maximized resources and charge-out rates of my team and time management.

·   Performed financial statement audits in compliance with IFRS, US GAAP, SOX, Ghana Accounting Standards and donors’ compliance specifications by the World Bank, EU, DFID and others, across private and public client industries.

·   Assisted clients with first time adoption and transition from Local GAAP to IFRS.

·   Provided technical advice and guidance to clients on practical application of IFRS.

·   Prepared audit strategy and plan using risk-based audit methodology.

·    Reviewed tax calculations for clients across international and local manufacturing, energy and mining and consumer goods in line with the tax laws of Ghana and in consultation with PwC tax specialists.

·   Led business development activities such as proposal writing, pitching to services to clients, etc.

 

October 2012-June 2014

Associate Auditor | PricewaterhouseCoopers Ghana Limited | Accra, Greater Accra

·   Reviewed internal control system of clients and discussed identified deficiencies with team leaders and managers.

·   Performed expenditure validation, validation of cash balances and bank reconciliations, fixed assets verification, checking compliance etc.

·   Prepared audit findings report, financial reports and assessments reports for review by team leaders and team manager.

 

I have audit experience with clients in Ghana, Liberia, Sierra Leone and Benin including: Newmont Ghana Gold Limited (subsidiary of an SEC client), Tullow Oil Ghana Limited, Tap Oil (Ghana) Limited, Ghana Manganese Company Limited, Bourbon Offshore Surf (Ghana Branch), UBI Energy (GH) Limited, Nsuta Gold Mining Limited, Mantrac Ghana Limited, Liebherr Mining Ghana Limited, MultiChoice Ghana Limited, MNG Gold Liberia, Inc., Total Liberia Inc., Sinapi Aba Trust, Fidelity Bank Ghana Limited, Enterprise Insurance, Forum for Agricultural Research in Africa (FARA) and West African Power Pool (WAPP) Secretariat.

Education and qualifications
January 2017-December 2019

Master of Business Administration (MBA)|University of Warwick |Coventry, United Kingdom

September 2007-June 2011

Bachelor of Science in Business Administration: Accounting

|Kwame Nkrumah University of Science and Technology (KNUST) | Kumasi, Ashanti Region

MAY 2014

Advanced Diploma in Management Accounting |Chartered Institute of Management Accountants (CIMA) | Self Study

MAY 2011-November 2012

Chartered Accountant |Institute of Chartered Accountants Ghana (ICAG) | Self Study

Other Skills
·   Excellent written and verbal communication and interpersonal skills

·   Proficient in QuickBooks (accounting software) and aura (auditing software)

·   Proficient in Microsoft Office applications—Word, Excel, PowerPoint

·   Strong analytical and problem-solving skills
·   Self-starter with ability to work independently and multitask with good organisational skills

·   Excellent leadership skills with ability to manage dynamic teams

·   Highly trustworthy, disciplined, reliable team player, discreet and ethical

·   Highly motivated and a fast learner

Education

2017-2019 MBA at University of Warwick (United Kingdom)
2007-2011 Bsc. Business Administration at Kwame Nkrumah University of Science and Technology (KNUST) (Ghana)