1. MR. NEWMANN K. A. ANANE-ABOAGYE ACCA, BCOM
P. O. Box CO 4163,
Community 1 - Tema
Tel: 024 3160 165, 026 810 2714
Email: Knewmann@yahoo.co.uk
Email: knewmann72@lycos.com
CAREER OBJECTIVE
Enthusiastic, Self-motivated and Results driven Professional with over ten years of invaluable
experience in leading and developing successful finance teams. Skilled in numerous financial and
accounting fields, including: preparing annual budgets, monitoring key accounts and credit control,
preparation of financial statements for audits motivating and training my staff for optimum
performance. Having the ability to handle complex assignments effectively and possessing the
confidence to work as part of a team or independently. Newmann, an energetic team leader and
effective communicator is looking forward to an opportunity in a forward thinking company where
he would not only excel, deliver & reach his potential but also be able to contribute positively to his
colleagues, organisation and society in general.
COMPETENCY PROFILE
• Good Interpersonal Skills, Team player
• Honest & Good Communication Skills
• Negotiating Skills; Result Oriented
• Adaptability
• Good human relations:
• Able to work under pressure and meet deadlines.
• Follow strictly laid down procedures and guidelines
• Proactive and self motivated.
WORK EXPERIENCE
Western Steel and Forging Limited (WSFL) August 2015 – To
Present
PMB, Tema – Greater Accra
Accountant
• Help in the preparation of all financial reports and budgets of WSFL
• Ensure the accuracy and completeness of accounting records and data integrity
• Check and approve all reconciliations including Bank, Cash and Staff Debtors (Advances)
• Ensure all statutory requirements are met and any payments due paid
• Develop and review internal controls for adequacy and also ensure that the right policies and
procedures are initiated and implemented in the organisation
• Ensure Payroll is prepare and payment made promptly as per annual schedule
Ghana Institute of Linguistics, Literacy and Bible Translation (GILLBT) November 2011 – July
2015
P. O. Box 378, Tamale, Ghana
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2. Associate Director for Finance and Administration
• Lead the finance team within the institution, ensuring the provision of the necessary financial and
logistic services and appropriate skills required to achieve current and future financial objectives of the
institute.
• Planned and developed the financial structure, policies and procedures of the institute and ensure the
coherence of financial activities.
• Ensured that the institute performs its donor and financial responsibilities; including the coordination
and management of external financial reporting.
• Developed financial strategies, formulated policies and efficiently managed the institute’s financial
resources to produce agreed targets on time and within budget.
• Ensured the application of appropriate accounting principles (IFRS and GAAPs) to generate
accounting records that support both operational requirements and external statutory and funding
requirements.
• Evaluate the cash flow of the institute and advice management and the Executive director on a cause
of action
• Ensure the preparation of Quarterly and Annual financial statements of the institute for audit and any
other Reports required by the Board and donor agencies like DFID and USAID.
• Ensuring that all assets of the institute are properly secured and managed.
• Liaised with appropriate sectors/units/departments of the institute to ensure that such operations are
efficiently and effectively managed.
• Established sound cash management systems and procedures for the operations (e.g. Income
Generation Units) of the institute, providing relevant information to facilitate the sourcing of funds.
• The preparation of medium and long term plans and Annual Budget for the institute and ensuring
adherence to same.
Data Link Institute (University College) June 2008 – November 2011
P. O Box 2481, Tema, Ghana
Accountant
• Oversight responsibility of Account office staff (Supervisory )
• Administered Payroll and ensured that all statutory returns (SSF and PAYE) are prepared and
promptly submitted and paid for promptly
• Ensured that Debtors/Receivables (Students owing) listing is up to date and individuals notified of their
debts (Reconciling Receivables)
• Prepared daily cash flow (Tracking receipts and expenditure ) to ensure the institute was sufficiently
liquid to function in the short to medium term
• Prepared monthly and annual report – Income and Expenditure Account, CashFlow Statement and
Balance sheet (Full financial Statements) for audit
• Prepared annual reports and estimates (Budgets) i.e. Co-ordinate the preparation of Departmental
Budgets and integrate them into an institutional budget (master Budget) to be divided into quarterly
Budgets and monthly budgets.
• Ensure that effective and efficient internal controls and procedures are in place and adhered to by all
• Any other duties assigned by the President, Vice president (HR & Admin)
Parry and Company Limited September 2006 – April 2008
No. 10 Otublohum Street, North Ind. Area, Accra, Ghana
Accounts Controller
• Reconciling all bank accounts at month end and Reconciling inter – company accounts
• Preparation of annual and monthly budgets and controlling same by the use of variance analysis
• Liaising with the Finance Manager on all export related costing and making the required postings
• Oversight responsibilities over debtors and their reconciliation
• Assisting the Finance Manager to meet all reporting deadlines, quarterly and annually
• Preparing and processing local invoices issued to Magi Trading in Nigeria
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3. • Preparing company Payroll and ensuring the completion and submission of all statutory returns
Teledata Limited April 2004 to March 2006
Accounts Officer
Responsibilities
• Prepared Daily Cash Flow Reports;
• Prepared Payroll and ensured that all statutory returns (PAYE and SSF) are filed promptly;
• Prepared Monthly Reconciliations of Receivables and Payable ledgers
• Prepared Bank Reconciliations and liaised with the bankers to resolve all banking related issues;
• Prepared of Monthly Financial Reports;
• Supervised the work of three (3) other Accounts office Staff;
• Assisted and Supported Group Financial Controller and Managing Director with all other issues
pertaining to the Finances in the company (Including the management of the Working Capital of
Teledata);
Centre For the Development of People (CEDEP) April 2003-March 2004
Programme Officer - Finance
Responsibilities
• Planned and prepared the Organisations budgets in conjunction of Programme Managers and the
Account team for approval by the Board of Trustees;
• Prepared periodic Financial Accounts for the organisation;
• Prepared daily and weekly routines and reports i.e. Weekly Cash Reports and supervised the
preparation of Payment Vouchers and writing of Cheques;
• Prepared and Submitted monthly Income tax and social security fund returns to the I.R.S. and the
SSNIT respectively;
• Prepared monthly Bank Reconciliation Statements and liaised with the bank in the resolution of all
banking related issues;
• Prepared monthly, quarterly and annual Project Reports for Partners (Both Local and Foreign);
including USAID, DANIDA, Save the Children etc.
• Supervised the work of Finance Assistants (One Programme Officer and 3 Assist. Programme
Officers);
• Kept Staff Loan Schedules and Monitor their movements;
• Managed the Organisations Provident fund scheme from the Finance office;
• Prepared and ensured the payment of Staff Salaries (Payroll);
Ghana Baptist Theological Seminary July 2001-Mar 2003
Accountant (Bursar)
Responsibilities:
• Formulated financial policies for approval by the Finance Committee of the Trustees;
• Administered and implemented all approved policies and ensuring adequacy of such policies;
• Took measures, to promote efficient and effective accounting records keeping.
• Supervised and approved prepared Bank Reconciliation Statements by accounts officers;
• Updated and Advised the principal at least once a week on the financial status of the institution;
• Prepared the payroll and ensured the submission of PAYE and SSNIT returns on time;
• Prepare periodic financial reports for the consideration of the governing council (Trustees).
• Assist the principal in drawing the institutions annual Budgets for the Council’s approval.
• Assist the principal in supervising the non-academic Staff of the seminary;
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4. EDUCATION
9th
October 2015 Sikkim Manipal University – Academic City College, Accra
MBA – Finance
* Best MBA Finance Student
December 2013 Association of Certified Chartered Accountants (ACCA)
Member: February 2015
Sept 1994 – Aug 1998 University of Cape Coast, Cape Coast
Bachelor of Commerce Second (2nd
) Class Upper (Honours)
June 1991- June 1992 Accra Workers’ College GCE ‘A’ Levels Aggregate 5
September 1985 – December 1989 Mars Business College, Dansoman
GCE ‘O” Level
RSA Stage II
OTHER EDUCATION & TRAINING
Inside NGO: USAID Rules & Regulations: Grants & Cooperation Agreements
ACCA Ghana: Sustainability Reporting for the Oil and Gas industry
Tax and Compliance
RESEARCH ACTIVITIES
MBA Research: A critical appraisal of risk management tools used by financial institutions:
Bachelor Research: Working Capital Management in Oil Marketing Companies (Elf (GH) Ltd
COMPUTER SKILLS
• Sage Accpac,
• Microsoft office Applications
• Sun Accounting System
• Tally, Orient and Pastel
REFERENCES
Dr Paul Opoku-Mensah
Executive Director
Ghana Institute of Linguistics, Literacy and
Bible Translation (GILLBT)
Box 378, Tamale.
Director_gillbt@gillbt.org
Tel: 0501303285 / 0265007655
Jennifer Akude,
Registrar
Ghana Telecom University College
Tema
jennyakude@hotmail.com
Tel : (020) 5619526
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