Seth Bosompem
Preston,BEN
Summary
Highly skilled Finance Manager with 14 years of experience in financial management, budgeting, and strategic planning. Proven track record of successfully overseeing financial operations, driving profitability, and implementing cost-saving measures. Seeking to leverage my expertise in financial analysis and leadership to contribute to a dynamic organization's growth and success. Analytical and detail-oriented individual trained in finance. Offers comprehensive education and a logical mindset to assist the finance team.
Overview
21
21
years of professional experience
Work History
Finance Officer
Dalesview Partnership Limited
Chorley, Lancashire
04.2023 - Current
- Processed journals and compiled supporting documentation to review to maintain quality control standards.
- Oversee company accounts, bank reconciliations, and payments.
- Assisted senior management with ad hoc finance projects.
- Processed invoices and resolved invoice queries to enforce timely payment.
Finance Officer (Volunteering)
Church of Pentecost
Bolton, Greater Manchester
01.2023 - Current
- Provided financial performance reports as part of monthly reporting, monitoring data and information processing to minimize errors.
- Tracked and coordinated reimbursement of monthly tithe and offering (to district office) expenses, maintaining accuracy month-on-month.
- Prepared accounts payable and accounts receivable transactions for processing on timely basis, ensuring meticulous attention to detail to reduce errors.
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
- Enforced compliance with divisional and group financial policies and processes.
- Perform other presentations during church services and meetings.
FC Associate
Amazon UK Services Ltd
Warrington
11.2022 - 01.2023
- Picking and parking of customer orders
- Minimized product damage, ensuring goods were correctly handled and stored according to task specifications.
- Attended Health and Safety training to ensure consistent adherence to warehouse safety policies.
- Reported issues and damages to senior warehouse staff, enabling prompt, effective resolutions.
Head of Fianance
Baspalm Ventures
Accra
01.2022 - 08.2022
- Initiated and implemented efficient budget management module, which reduced operational expenditure.
- Oversaw the accurate and detailed recording of revenues and expenditures in a team of six for one year.
- Produced high-quality year-end statutory accounts for the company.
- Challenged and supported the management team to implement strategic cost control and revenue generation initiatives across the business.
- Conducted internal audit reviews annually to monitor and improve the financial effectiveness of current systems and controls.
- Prepared a quarterly VAT return using Tally, ensuring full compliance with internal and external rules and regulations.
- Managed the daily running of the finance team and execution of budget governance activities in large corporate businesses.
- Developed thorough forecasting and cash-flow management processes to maximize progression and profitability.
- Assisted budget holders to better understand and manage financial information to their advantage.
- Led implementation of new ERP system, increasing efficiency within the finance department while enhancing data visibility.
- Implemented risk management practices to mitigate potential losses and safeguard company assets.
- Ensured compliance with all regulatory requirements by staying abreast of industry changes and updating policies accordingly.
- Streamlined vendor payment processes, improving relationships while reducing processing time and errors.
Finance and Administrative manager
Baspalm Ventures
Accra
06.2018 - 08.2020
- Maintain administrative and nance reporting process, ensuring accuracy and completeness of ledgers and all supporting documentation and compliance with nance and procurement regulations
- Assessed costs, pricing, variable contributions and company's actual performance compared to business plans
- Examined annual financial performance and reported to senior management and the Board of Directors.
- Delivered comprehensive training to employees to maintain compliance requirements company-wide.
- Led the team in creating detailed budgets and financial forecasts; this resulted in 10% growth in revenues consecutively over 6 months while keeping expenses at historical levels.
Head of Finance
P2W Ghana Ltd (Subsidiary of P2W IL - Israel)
Accra
02.2011 - 05.2018
- Supervised the financial health of P2W, provided advice on financial activities and provided strategies for organizational growth
- Maintained compliance with financial rules and regulations, financial and accounting procedures, statutory requirements and deadlines, periodic reports and financial statements devised in compliance with policy and regulations
- Led the analysis of weekly, monthly, and quarterly numbers, presenting findings to senior management.
- Spearheaded and monitored end-to-end financial planning and analysis and balance sheet reconciliations.
- Acted as a point of contact in support of end-to-end system audits.
- Satisfied reporting requirements and KPIs related to sales invoicing, production reporting, and closing stock information.
- Prepared a quarterly VAT return using Oracle Financial, ensuring full compliance with internal and external rules and regulations.
- Oversaw accurate and detailed recording of revenues and expenditures in team of ten for seven years
- Assisted budget holders to better understand and manage financial information to their advantage.
- Reduced overtime expense by 30% by reviewing weekly budget matrix, identifying, and resolving budget-to-actual discrepancies
- Led strategic financial planning initiatives, resulting in a notable 10% increase in company profitability within 12 months.
- Implemented cost control measures and optimized budgeting processes, leading to a significant 20% reduction in operating expenses.
- Successfully directed the implementation of a cutting-edge ERP system, improving financial reporting accuracy and efficiency by an impressive 30%.
Accountant
Fuel Solutions Ltd
Accra
01.2010 - 01.2011
- Evaluate daily activities of accounting department and ensure all month-end and year-end reports are completed accurately and on time
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Accurately documented all cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Analyzed monthly reporting to reconcile production operations and the general ledger.
- Creates budgets examines variance and reviews control measures for implementation
- Monitor the general ledger, accounts receivable, accounts payable, and other records.
- Filed tax returns and prepared government reports in compliance with strict standards.
- Identified areas for improvement to continually drive performance and business results.
- Analyzed monthly balance sheet accounts for corporate reporting.
- Prepared VAT and income tax forms for commercial and individual clients.
- Prepared monthly bank reconciliations with 100% accuracy.
Senior Accountant
Controller and Accountant General Department
Accra
04.2004 - 12.2009
- Approve employee's expenses claims, purchase orders and Bank transfers to Bank of Ghana, moving funds from treasury main account to various sub-consolidated accounts
- Evaluate and apply internal controls to achieve accurate and efficient accounting systems and compliance with company accounting practices
- Direct financial audits and provide recommendations for procedural improvements
- Served as national chief cashier for a period of one month and was instrumental in national realignment program, leading to total decentralization of the Government treasury system
- Supervising junior accountants and scheduling work to ensure it is in line with company policies and objectives
- Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
Education
AdvDip (CPD) ACCA Strategic Professional Level - Accountancy
University of Bolton
10.2023
Advance Diploma in Accounting and Business - Accountancy
University of Bolton
10.2022
ACCA Diploma in Accounting and Business - Accounting and Business
University of Bolton
10.2022
Certificate of Completion, ACCA Ethics and Profess - Ethics
University of Bolton
10.2022
Master of Science - Accounting and Finance
University of Reading
09.2021
ACCA (F1 - F9) - Accountancy
Institute of Professional Studies
12.2002
Skills
- Finance team management
- Financial analysis and due diligence
- Financial analysis
- Risk Management
- KPI management
- Leadership and team bonding
- Strong communicator
- Focused problem solving
- Annual budget setting
- Financial data analysis
- Balance Sheet Reconciliation
- Intercompany Reconciliation
- VAT returns
- Variance analysis
- Cash flow analysis
- Invoice management
- Month-end close management
- Accounts Payable and Receivable (AP/AR)
- Bank reconciliation
- Accounts payable
- Financial administration
- Cash flow management
- Internal controls development
- Accounts receivable
- Expense tracking
- General ledger accounting
- Fixed asset management
- Tax compliance
- Financial planning
- GAAP
- Capital budgeting
- GAAP knowledge
- Attention to detail
- Staff management
- Budget forecasting
Languages
English
Fluent
Timeline
Finance Officer
Dalesview Partnership Limited
04.2023 - Current
Finance Officer (Volunteering)
Church of Pentecost
01.2023 - Current
FC Associate
Amazon UK Services Ltd
11.2022 - 01.2023
Head of Fianance
Baspalm Ventures
01.2022 - 08.2022
Finance and Administrative manager
Baspalm Ventures
06.2018 - 08.2020
Head of Finance
P2W Ghana Ltd (Subsidiary of P2W IL - Israel)
02.2011 - 05.2018
Accountant
Fuel Solutions Ltd
01.2010 - 01.2011
Senior Accountant
Controller and Accountant General Department
04.2004 - 12.2009
Advance Diploma in Accounting and Business - Accountancy
University of Bolton
ACCA Diploma in Accounting and Business - Accounting and Business
University of Bolton
Certificate of Completion, ACCA Ethics and Profess - Ethics
University of Bolton
Master of Science - Accounting and Finance
University of Reading
ACCA (F1 - F9) - Accountancy
Institute of Professional Studies
AdvDip (CPD) ACCA Strategic Professional Level - Accountancy
University of Bolton