General Manager ? Finance (CFO) in NSIA Insurance

Accra, Greater Accra, Ghana
Current:NSIA Insurance
Past:Metropolitan Health Insurance
Education:BSc. Business Administration (Accounting Option)

Job Experience

General Manager ? Finance (CFO)

NSIA Insurance

July 2016 to Actually working here

? Assisting the CEO and Board with finance, investment and accounting decisions.
? Preparation of management and annual financial statements for Board and stakeholders
? Responsible for Ensuring liquidity and profitability
? Providing leadership in the planning and preparation of annual budget
? Management of all relationships with Group, banks, regulators, auditors and tax authorities
? Financial Strategy:
Translates strategy into business plan over periods of 1 to 5 years.
Plays an active ro

Finance Manager

Metropolitan Health Insurance

June 2014 to Actually working here

Managing day-to-day financial operational budget of GH¢3.5m that bills monthly revenue (AR) of GH¢1m?GH¢3m and pays GH¢800k-GH¢1.2m in claims (AP)
Reduced 60+ days of receivable from 42% to 6-10% for record 22-months running
Seamless transfer due diligence of revenue and cost from Mutual scheme to Private Commercial
Supervised the GL and prepared financial statement for audit by PWC achieving 100% audit-free issues
System and process Automation, cutting work, boosting operational efficiency by 20%
Tax optimisation and compliance
? Finance Team leader reporting to the Group CFO and International team
? Responsible for Balance Sheet and P&L preparation and monthly analytics
? Created monthly financial and management reporting packs and manages the reporting processes and correspondence with key stakeholders.
? Supervises and maintains the GL to the Internal Control Checklists (ICC) for internal/external audits
? Monthly review and sign-off of all bank, provider/supplier reconciliation per SLA
? Oversee monthly OPEX and CAPEX actuals against budget and reporting on variance.
? Produce final budgets and provides flash and forecast report within guidelines
? Created yearly revenue trend analyses, monthly cash flow projections, and P/L breakdowns in Excel
? Manages receivable (AR), payable (AP) teams and funds flow with clients, suppliers and banks.
? Review all supplier/provider payments within 3-way matching principle framework.
? Ensured budgetary approval and authorisation compliance and monthly budget analytics control
? Maintains the relationship with banks and finance houses for cash and fund flow reporting
? Prepare all board packs and maintains relationships between Finance and the group Finance in SA
? Supervises the filing of all statutory returns on time SSNIT, 1st, 2nd and 3rd tier contributions, VAT, PAYE, Withholding Taxes etc. Achieving 100% statutory and tax compliance with the regulator
? Monthly reconciliation and settlement of all intercompany buckets with Group and Related Parties

Education

BSc. Business Administration (Accounting Option)

UNIVERSITY OF GHANA, LEGON

Currently studying

Languages

IT skills

Other Skills

More Aaron

Career Goals

Industries of interest

Areas of interest

Availability to travel and work outside the city

No

Interests and hobbies