Summary
Overview
Work History
Education
Skills
Accomplishments
Languages
Professionalbodies
Accolades
Personal Information
Residentstatus
References
Hobbies and Interests
Affiliations
Certification
Football, reading and cooking
Timeline
Generic

JOSEPH PAAPA KOOMSON-BINEY

Internal Auditor
DOLLARD-DES-ORMEAUX,CANADA

Summary

Resourceful Financial Manager adept at supporting high growth technology and service organizations. Skilled in aligning people, processes and technology to achieve continuous improvement in operational processes. Well-versed in providing analytics with insight and influencing decisions that support growth and development.

Overview

40
40
years of professional experience
1
1
Certification

Work History

Finance and Operations Manager

Goodnews Co-operative credit union
08.2019 - 12.2023
  • Preparation of monthly statement of assets and liabilities, Capital Adequacy Ratio (CAR), reserve assets ratio, analysis of Office account breakdowns and statement of income and expenditure
  • Quarterly report on classification of loans and advances
  • Preparation of clearing account reconciliation and inter-branch reconciliation
  • Management of fixed assets and movement of assets registers
  • Branch supervision
  • Reconciliation of Office accounts suspense
  • Training of staff
  • Helped the Society from study group category to affiliated membership
  • Regular and timely submission of prudential report to Other Financial Institution Supervision Department (OFSID) of Bank of Ghana
  • Trainer of trainings.

Manager-Internal audit and compliance

Kakum Rural Bank PLC
04.1987 - 07.2019
  • Checking of prudential returns to Bank of Ghana and ARB Apex Bank
  • Evaluate internal controls that safeguard the bank’s assets and make recommendations for improvement
  • Investigate fraud
  • Evaluation of risks and efficacy of its risk management efforts
  • Communicating audit findings, best practices, and recommendations to audit sub-committee of the Board of Directors
  • Document the results of audit procedures
  • Ensure that the bank is complying with relevant laws and statues
  • Training of staff and Board members on internal controls and governance
  • Attending audit committee meetings
  • Liaise with external auditors and regulating bodies
  • Preparation of internal audit program of work
  • Conducting branch spot checks
  • Introduced Assets-Liability Committee (ALCO) which supported the Board and Management to make strategic decision, monitor liquidity and to have oversight responsibility of risk management
  • Introduced three-member evaluation committee, a senior staff and junior with the internal auditor being the chairman
  • We independently evaluate the prices of non-current assets items submitted by the procurement committee.

Senior Clerk

Enyan-Denkyira Rural bank PLC
11.1983 - 04.1987
  • Cashiering and calling over of transactional vouchers
  • Writing of “Waste sheet”, Daily Balancing Summary (DBS) and Personal and Impersonal abstracts
  • Posting of general ledger entries
  • Balancing of general ledger
  • Clearing account with Bank of Ghana reconciliation and inter-agency reconciliation
  • I was able to clear all long unreconciled items over four(4) years, sitting in the bank’s clearing account with Bank of Ghana within six (6) months
  • I uncovered some specie withdrew by the manager which were not received by the cashier and also not recorded in the bank’s treasury register.

Education

Institute of Certified Business Analyst &Consultants
Accra, Ghana
08.2015

Graduate School of Governance and Leadership (GSGL)
Accra, Ghana
07.2012

University of Cape-Coast
Cape-Coast, Ghana
07.2008

Cape-Coast Polytechnic
Cape-Coast, Ghana
07.2002

Edu’s Business Training College
07.1981

Skills

  • Good interpersonal relationship
  • Analytical abilities
  • Risk management
  • Attention to details
  • Micro-soft (excel, word and power point)
  • Integrity
  • Critical thinking

Internal Controls

Cash Flow Forecasting

Credit analysis

Cost Control

Accomplishments

  • Decreased company costs by 22 % through accurate financial modeling, budgeting and process improvements.

Languages

English

Professionalbodies

  • The Institute of Internal Auditors (IIA) Ghana
  • Global Business analyst

Accolades

  • Ghana National Union of Polytechnic Students (GNUPS), National Treasurer, 08/2001, 07/2002
  • Association of Polytechnic H.N.D Accountancy Student, Vice president, 08/2000, 07/2001

Personal Information

  • Place of Birth: Ghana
  • Date of Birth: 08/28/58
  • Nationality: Ghanaian
  • Marital Status: Married

Residentstatus

TEMPORAL RESIDENT WITH WORK PERMIT

References

  • Mr. Edward Arko Donkor (CEO), Kakum Rural Bank PLC, P.O. Box EL.257, Elmina-Ghana, kakumbank@gmail.com, +233 244 673 495
  • Mrs. Regina Turkson (CEO), Goodnews Co-operative credit union, Afia Sarpong street, opposite Goil fuel station, Amakom, Kumasi-Ghana, +233 244 758 410, +233 208 329 725, revreginaturkson@gmail.com

Hobbies and Interests

Football, reading and cooking

Affiliations

  • Member of the Institute of Internal Auditos (Ghana)
  • Global Business Analysts

Certification

Certified Business Analyst and Consultants.

Football, reading and cooking

a. I played association football when i was young. I'm a staunch supporter of Liverpool FC.

b. My wife is a caterer, so she coached me how to prepare both local and some international meals.

c. My profession entail a lot of reading, so it has become part of my work.

Timeline

Finance and Operations Manager

Goodnews Co-operative credit union
08.2019 - 12.2023

Manager-Internal audit and compliance

Kakum Rural Bank PLC
04.1987 - 07.2019

Senior Clerk

Enyan-Denkyira Rural bank PLC
11.1983 - 04.1987

Institute of Certified Business Analyst &Consultants

Graduate School of Governance and Leadership (GSGL)

University of Cape-Coast

Cape-Coast Polytechnic

Edu’s Business Training College

Certified Business Analyst and Consultants.

JOSEPH PAAPA KOOMSON-BINEYInternal Auditor