1. Peter Ofori-Nuamah, ACCA
Resume2014 Page 1
10300 NEW HAMPSHIRE AVENUE,SILVER SPRING,MD.20903 CELL: 240-423-1841
Email: Pofori-nuamah@msn.com
VP Finance ♦ CFO ♦ Chief Compliance Officer ♦ Country Director
SUMMARY OF QUALIFICATIONS
A visionary; dedicated, democratic leaderand a certifiedcharteredaccountant withover20 years of progressiveexperience in finance andprograms management
operations ininternational economic development for global multi-billiondollars organizations. Provenfinancial and process engineer,developing systems andcontrol
strategies fornonforprofit,corporate andgovernment agenciesthat drive growth,leverage corporate resources, increase efficiencyandbottom-line profit. Possesses
solid leadership, effective communicator and dynamic decision-maker, drivenby solidanalyticaland interpersonalskillsto establish rapport with all levelsof staff and
management.Consistently exceeds performance and profitability goals through insightfulforecasting,positive culturalsensitivity, and innovativeprocessimprovements.
KEY COMPETENCIES
AccountingandFinancialManagement Grants & Contracts Management Business PlanningandAnalysis
International Programs development Global Operations Efficiencies QAQC, M&E ,Audit andCompliance
Controllership & DecisionSupport Financial& budgetaryAnalysis Administration,Logistics andSecurity
Representation and Fundraising Investor Relations andDonorSupport Project Mgt &Impact Analysis
Computers andSystem Integration OMB A-21, A-87,A110, A-122, A-133 Indirect CostNegotiations
Proficiency inJ. D.Edwards, Oracle Financial,MS Word/Excel/PowerPoint, People Soft, MSAccess, MSOutlook/FrontPage,QuickBooks,Microsoft Dynamics GP (Great
Plains), and Deltek-Cost point.
PROFESSIONALEXPERIENCE
PRINCIPAL CONSULTANT, GRANTS &FINANCIAL MANAGEMENT MAR 01 – PRESENT
PONA GROUP, INC. SILVER-SPRING, MD
Consult andassistover90 clients (i.e. economic and International development corporations both non-for-profit andfor profit, communitybased
organizations and community development corporation) in financial,contracts, grants and cooperative agreements management. Reengineerprocedures
to ensure compliance with government/donors contracts/grants/cooperative agreements and accountingrequirements resulting in savings of more than $6.4
billion forclients over 15years. Major Projects as follows:
PROJECTPOSITION TITLE/ PERIOD
PROJECTCLIENT FUNCTIONS
Lead Set-up Consultant
Millennium Challenge Corporation
(MCC) AndGovernment of Ghana 2nd
Compactproject inAccra-Ghana.
1/2014-07/2014
Millennium Development Authority
Accra - Ghana
Lead a team to setupanddevelop capacity development planand
trainingto ensure effective and efficient performance contract imple-
mentation throughoversight of financial management, suchas budget-
ing, cost containment, andtransparentaccounting and reportingprac-
tices; activity planningandreporting, comprisingmonthly,quarterly,
and annualwork plandevelopment; staff allocation andmanagement,
includingtroubleshootingandresolvingpersonnel and/or otherhuman
resource management issues; andpropermanagement of key stake-
holder expectations (MCCFunded$498.2m Ghana PowerCompact)
Senior Finance and Administrative
Manager / (PHS Group Inc.- Country
Director,Haiti)
12/28/2011 –11/28/2013
PHS Group Inc.
Silver Spring,MD
Port-au-Prince Haiti
Shelter Program
Designedandmanaged the overallfinancial/administrative process for
the project activities toincludethe budgeting/ forecasting/accounting
and implementation of all services requiredto financiallyandadminis-
tratively support fieldoffice operations of Port-au-Prince andCAP Hai-
tian Shelter Programs.(USAID $560millionfunded designandcon-
structionof 12 communities for Haitianpeople)
Compliance and Close-Out Consultant
12/2010-09/2011
Millennium Development Authority
Accra - Ghana
Led the post close-out quality assurance and quality control(QAQC)
compliance effort inMillennium Development Authority $540 million
funded Ghana Millennium challenge Account forEconomic Growth and
Poverty ReductionProgram
National Director,Quality Assurance &
Quality Control
4/2010-11/2010
International Relief & Dev.USAID
Funded AVIPA Program, Kabul,
Afghanistan
Led the quality assuranceandquality control(QAQC) compliance
effort in IRD-USAID$470 million fundedAfghanistanVouchers for
Increased Productionin Agriculture (AVIPA) program implementedin
cooperationwiththe Ministry of Agriculture, IrrigationandLivestock
(MAIL).Hiredandfinalizedscope of work for 40 expatriate and local
staffs under QAQC director’s supervision and rollout of QAQC system.
2. Peter Ofori-Nuamah, ACCA
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Business Process Engineering
Consultant
09/2009-03/2010
US General Services Administration –
WashingtonDC
Consulted ontheU.Sfederal government’sFinancial Management Line
of Business (FMLoB) project to improve the cost, quality, and perfor-
mance of financialmanagement systems by leveragingsharedservice
solutions andimplementingother government-widereformsthat foster
efficiencies infederalfinancialoperations. (GSA-CNI FMLoBContract)
Developedhighperformance finance term to drive disciplinedsystem
framework to strengthen controls and builtshared service center.
Grants and ContractsConsultant
04/2005- 03/2010
AmericanCouncil onEducation
WashingtonDC
Providedcompliance advice on FARandUSAIDrules andregulations
on contracts and cooperative agreements,grant tracking system de-
sign and deployment,financial statement preparation, and budgeting.
Global Finance Controller
07/2008- 09/2009
JPMorgan ChaseVestera
Dullas, Va.
Managed team of50 global finance associates. Developed, monitored
and administeredtax policies,operatingbudgets,financialreporting,
economic forecasting, financial product development andcash man-
agement operations inEight (8) European countries-- U.K, France,
Netherland,Poland,Spain, Belgium, Italy and Germany ( Ernst and
Young Contract)
Finance andContracts Management
Consultant
09/2006 – 06/2008
NEPAD/ Ghana SchoolFeeding
Program,Accra, Ghana,
Setup the financial and contract management system for thefirst
phase of the Ghana School Feeding Program (GSFP) involving138
schools ineighteen Districts inGhana.
Designedandimplemented neanalysisandmetrics based forecasting
system allowing real time fact-baseddecision-making.
Senior Program Management Lead
06/2003-08/2006
CHF International/United Nations
Capital Development Fund(UNCDF
(2001), Lafto Project,Ethiopia
Providedoverallleadershipanddirection of the contract agreement.
Led and managedthe program througha combinationof technicalas-
sistance, local capacity building throughproject partners andwith
government. This includedpersonnel and financial management,ad-
ministrative oversight,program quality assurance,management of the
consortium and management of sub-agreements with consortium part-
ners. Conductedthe finalevaluation ofthe $7, 8889,230 Low-Income
HousingArea Improvement Program (the Laftoproject).
Senior Consultant, Grants& Contracts
Management03/2002-06/2003
U.S. Department of Commerce–
NOAA/OFA-Silver-Spring,(Adecco
contract)
Developedandadministeredfederalcompetitive, noncompetitive,for-
mula, congressional earmark grants andcooperative agreements.
Managed andoversaw allphases of grantsmanagement systems in-
stallation, rollout, capacitydevelopment and compliance
DIRECTOR, BUSINESS AND ECONOMIC DEVELOPMENT FINANCE JUNE 99 – MAR 01
DEPARTMENT OF HOUSINGAND COMMUNITY DEVELOPMENT WASHINGTON, DC
Achieved 27.5% increase inthe city’s affordablehousingstock andhomeownership for low and medium income families.Acquired fundingof more than $25 billion by
nurturing investors, investment bankers and strategic partners in affordable housing development in the District of Columbia.
Managed andsupervised Office ofEconomic development (DHCD) budget of over $450 millionannuallyandfifty (50) professionaleconomics and financial staffs.
Led the division with oversight andmanagement offederal grants and otherfinancialprograms (CDBG,HOME) for the Department of Housing and Community
Development (DHCD) and the DC Housing Production Trust Fund.
Assisted the Government of District of Columbia indevelopinga contracts and procurement fiscal policy framework and instituted policies oriented toward
increasing transparency of public spendinganddelivery of essentialservices.Chairedthe contract andprocurement committee forcapital development programs.
Restructuredandprovided strategic visionfor the design and implementationof D.CGovernment poverty reductionandeconomic development programs.Planned,
and managedcomprehensive Capital development programs,including non-competitive federal; localgovernment and private sectorcooperative agreements and
contracts on the D.C Gateway Project on Public Private Partnership (PPP) Framework.
Managed thecity's federalfunded HousingDevelopmentTrust Fund,Small Business Equity Funds,Community DevelopmentBlock Grant (CDBG) programs and
liaison with D.Cbusiness community. Served as a subject matterexpert forlegal and compliance issues regarding contractual and procurement obligations.
Managed andimplementedthe city’s portfolio of debt andequityjoint venturepartnershipinvestmentsin excess of $1.4billion inaffordable housingdevelopment.
SENIOR SYSTEMS MANAGER JUNE 99 – NOV 99
OFFICE OF TAX AND REVENUE WASHINGTON DC
Transitioned three financialSystems from FMS---MLS---R*tar with the D.C. Government which improved the government by reducing tax process cycle by 45%.
Led the transitionteam to managethe installation,testingandcapacity development of DCgovernment roll-out of a newaccountingandinformation system (from
FMS to R*tar).
Led the implementation, testing, and maintenance of the functional aspects of the Oracle e-Business Financials for Revenue and tax administration.
Worked withusers, programmers and analysts,to create anddevelop new functional systems andprocedures that enhanced accounting tasks and programs of
government operations in all DC government departments and agencies.
MANAGER, FINANCIAL OPERATIONS NOV. 96 –JUNE 99
DC HOUSINGAUTHORITY WASHINGTON DC
Restored over 2550 housingunits throughprograms reorganization and recouped$6 millionpreviously disallowed cost anddouble payments. Transformed the troubled
agency and redeemedit from receivership toindependent status throughintegratedfinancialreporting,budgetingandstrategic planningwhichoptimized the agency’s
cash reserved by over 55 million dollars in 3 years and maximized cash flow.
3. Peter Ofori-Nuamah, ACCA
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Managed thefinancialadministrationof theDistrict of Columbia governmentcongressionalearmarkedComprehensive Community Development Block Grants and
multi-million annual Capital Development Grant for Affordable Housing development.
Coordinated withagency heads and budget officerson the development and submissionsof program budgets and analyzed the agency’s use of federal grants.
Planned,coordinated,developed, supervisedandmonitoredthe operations andcapitalbudgets,grantsmanagement and financial management programs for the
Agency, Served as a member of the Districtof ColumbiaGovernment contract and procurement committee developing contracts and procurement policies.
Developedfinancialmodels andforecasts; analyzedactual spendingversus budget; developedmanagement reportingtoolsto support executivedecisionmaking,
and served as a resource to financial management.
Intercededas necessary incomplex issues and maintainedan awareness of all on-going assignments,oversaw the supervision of agency financial staff involved a
combination of professional, technical, administrative and clerical positions.
Participated as a member of a panel at the request of the Director of Finance to interview applicants for vacant agency financial positions.
Developeda financialreportingplatform and controls matrixin accordance with GAAP, FAS and federal grants compliance requi rements, ensuring overall
regulatory compliance (through liaison with internal and external audits), a reduction in risk exposure and sound operations of the agency.
MANAGER, FINANCE AND ADMINISTRATION SEP 94 – NOV 96
NAVY EXCHANGE, NATIONALNAVY MEDICAL CENTER,BETHESDA MD.
Managed the accounting and cash office staff of nine. Coordinated the annual operating and capital budget processes of the exchange.
Developedfinancialpolicy andcontrols utilizingaccountingandfundcontrol systemsto maintain proper financial balance and toassure thatmanagement obtains
maximum benefit from financial resources,monitors controls overthe activities and programsof the exchange throughthe direct control over the funds allocated
for personnel, equipment, material, training, developed controls to ensure the effective use of funds within constraints of the budget ap proved.
Recommended appropriate personnel actions, approvedleave training recommends tofurtherthe development of subordinate staff members, inconjunction with
the office of the commandant resolved complaints and grievances and perform other managerial responsibilities are required.
Supervisedrevenue generation, expenditure,exchange wide budget and strategicplanning. Ensuredbusiness line operated within budget ( $650M in 1995) , met
revenue projections ($1.6B in 1995)
Designedandimplemented a profitablenew product/business line despite declining market,performedcompetitive risk analysis,forecastingfinancialprojections,
devised ongoing and long-term business plans andstrategies,negotiated vendor contracts, developed new systems to administer products and created all
requisite processes/procedures.
CHIEF TREASURY OFFICER MAY 88 – AUG92
COMPTROLLER AND ACCOUNTANT GENERAL’S DEPARTMENT- GHANA NATIONAL TREASURY,ACCRA, GHANA
As chief treasury officer administeringthe national foreign obligations,negotiating and servicing the nation’s foreigndebts resultingin over 6 billion savings through
debt restructuring. Ghana became current on her debt services obligations for the first time in 20 years.
Directed allfacets of Treasury operations, comprisingsix functionalgroups including Cash Management, Bank Relations, Forei gn Loans Servicing, Money
Movement and Treasury Reconciliation.
Managed thenationalforeign currency accounts, monitored and serviced government loans guarantee and managed the national investment portfolio.
Served as FundConsultant to business segments organization-wideto manage the Ghana PovertyReduction Program and coordinated the Regional Economic
Integrated Programs of the Economic Community of West African States (ECOWAS).
Coordinated Projectseligible to benefit from the Poverty Reduction Programs formulated by stakeholders (local communities, local governments, non-
governmentalorganizations,associations,developmentinstitutions and specialized cooperative agencies (World Bank and USDA)) in member counties of
ECOWAS.
CHIEF ACCOUNTANT JULY 85-MAY 88
TEBEREBIE GOLDFIELDS,TARKWA GHANA
Controlled and providedfinancialandadministrative support forthein-country operations andtheGhana project development team of the company. Achieved double-
digit production growth and 35% reduced cost per ounce of gold production in Ghana’s operation within two years.
Collaboratedwithproduction department in financial and operationalperformance (G/L),forecasting and financial objectives. Directed corporate profit and loss
analysis, annual budget preparation,presentedactualvs. forecast performance onquarterly basis toSenior Management team and explainedvariances as needed.
Provided leadership to the Ghana Finance Team and approximately 60 expatriate and local staff split between Accra, Tarkwa and USA.
EDUCATION/ PROFESSIONALTRAININGANDCERTIFICATIONS
University of Maryland University College-Adelphi, MD:
Masters of Business Administration -Business Law, Public Policy and International Business, -– 2007
Bachelor of Science -- Major-Business Administration, Minor- Accounting ---2005
Association of Certified Chartered Accountants (ACCA): The International Federation of Accountants (IFAC) London, England.
Certificate inAdvancedProgramming in Microsoft Access
Certificate inPublic HousingAccounting, Community Development Budget &Finance
Career Training Institute-Silver-Spring MD.–Certificate,NetWare Administration& Engineering.
Government ContractingOfficer’s Technical Representative Certification(DOD)
National Career Institution - Chicago,IL- Dip. InCorporate Accounting
PROFESSIONAL AFFILIATION
Institute of CharteredAccountants (ICA) – Ghana
Association of CertifiedCharteredAccountants(ACCA),England
National Association of Federated Tax Prepares’of America
HONORS & AWARDS
Associate of the YearAwardDepartment of The Navy (Exchange ) – 1994
Bingham Award and Certificate of Appreciation, USDepartment of Navy (Exchange) – 1994-95
Certificate ofCommendation for Excellence, District of ColumbiaGovernment – 1999-2000