PRINCE TETTEY NYAGORTEY
Kingston,ON
Summary
Experienced auditing professional with in-depth knowledge of accounting and financial principles, including IFRS, IPSAS, US GAAP, and SOX. Demonstrates adaptability to evolving business requirements and a keen interest in forensic accounting. Proficient in financial and risk management, financial reporting, internal auditing, and data analysis.
A highly reliable and ethical support specialist /leader, combining advanced organizational, technical, and business skills.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Senior Audit Officer
Ghana Maritime Authority
Ghana
12.2021 - Current
- Maintained up-to-date knowledge on relevant maritime laws and regulations, ensuring accurate guidance was provided to stakeholders at all times.
- Prevented incidents of fraud by consistently evaluating internal controls and recommending necessary improvements.
- Reviewed contracts with stakeholders for potential risks or violations, mitigating potential legal or financial implications for the company.
- Identified areas of operational inefficiency, proposing targeted solutions that led to significant cost savings for the Authority.
- Contributed to annual budgeting process by analyzing prior year expenses and providing accurate projections for upcoming fiscal year costs related to auditing activities.
- Developed customized flowcharts and audit programs tailored to specific functional needs, ensuring efficient use of resources while still achieving desired results.
- Assisted in the development of the Authority's Enterprise Risk Framework, risk assessment strategies, resulting in improved audit focus and resource allocation.
- Streamlined reporting processes by creating clear, concise templates for documenting audit results and recommendations and enhanced audit efficiency by streamlining processes and implementing automated auditing tools.
- Collaborated with cross-functional teams/units to address internal control issues and improve overall corporate governance.
- Managed stakeholder relationships during audits, keeping all parties informed on progress and addressing any concerns promptly.
- Supported continuous improvement initiatives within the organization by identifying areas where internal controls could be strengthened or enhanced.
- Reduced financial discrepancies through diligent review of financial transactions in line with relevant procurement and financial management laws, financial statements and identification of errors.
- Collaborated closely with IT teams to assess technology-related risks, safeguarding company data from potential breaches or losses.
- Trained junior team members on auditing best practices, improving overall department performance and knowledge base.
Deputy Head, Operational Audit Unit
First Atlantic Bank Limited
Ghana
05.2019 - 11.2021
- Team lead for operational audits (Departmental and Branch Audits)
- Collects and analyzes data to detect deficient controls, fraud, or non-compliance with laws, regulations, and management policies
- Reviews bank practices and records for compliance with established internal policies and procedures and investigates cases of fraud or suspected fraud and submit reports to management
- Examines and evaluates financial and information systems, recommending controls to ensure system reliability and data integrity
- Prepares, analyzes, and verifies annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning
- Reports audit findings and recommendations to appropriate management based on the results of regularly scheduled audits, non-scheduled audits and at any time when issues need to be addressed by management
- Administers specialized audits focusing on recovery of lost income and use of Audit Tool/Software to identify major financial irregularities and ensures appropriate measures are put in place to block income/revenue leakages sources.
Head, Fraud and Investigations Unit
Energy Commercial Bank Limited
03.2017 - 05.2019
- Team lead for Foreign Operations, Treasury Operations and E-Banking fraud investigations
- Conducted objective, fair, thorough, unbiased and timely investigations into allegations of fraud, waste or abuse committed by clients against our company
- Reviewed and researched evidence/documents to analyze the overall fact pattern of claim and synthesize data into a professional report with recommendations
- Prepared and coordinated field assignments to obtain relevant evidence and information
- Conducted detailed fraud trainings and integrity tests for all staff of the bank
- Monitored staff activities and customer accounts daily to detect potentially suspicious transactions and report on findings in line with the financial regulatory rules
- Prepared and submitted detailed regulatory reports to the Central Bank (Financial Intelligence Centre (FIC)
- Assisted in developing a fraud policy and overtime policy for the Bank.
Head, Operational Audit Unit
Energy Commercial Bank Limited
07.2016 - 03.2017
- Team lead for Human Resource, Foreign Operations, Administration, Domestic Operations, E-Banking and Risk Department audits
- Spearheaded income/revenue assurance assignments and assisted in developing a comprehensive internal audit program for the bank
- Evaluated business recovery procedures for operational disruptions and maintain communication with external auditors and regulatory agencies
- Performed financial, operational, and compliance audit in accordance with the internal audit program and reviewed bank practices and records for compliance with established internal policies and procedures
- Reported audit findings and recommendations to appropriate management based on the results of regularly scheduled audits, non-scheduled audits and at any time when issues need to be addressed by management
- Conducted follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits and developed recommendations for improving internal controls, operating efficiency, and the adequacy of bank records and recordkeeping
- Performed other duties as required, consistent with the goals, objectives, and responsibilities of the internal audit department and with the approval of the Audit Committee.
Branch Resident Controller
Energy Commercial Bank Limited
08.2015 - 07.2016
- Supervised four (4) Branches (Spintex, Tema, GNAT Heights and North Industrial Area)
- Administered training to ensure workers have an intricate understanding of all internal control guidelines and standards
- Prepared and submitted timely compliance reports (Cash Transaction Reports and Suspicious Transaction Reports) to the Regulator (FIC, BOG)
- Reviewed account opening processes to ensure correct documentations in line with appropriate KYC and CDD measures and the Bank’s Compliance Policies
- Followed up on inspection reports of business offices and departments till they are all regularized
- Checked postings and reversals into suspense accounts on daily basis and ensure branch expenses are in line with Bank’s policy and prepared and reconciled General Ledger proof reports for assigned branches
- Administered all other functions as listed in the Branch Resident Controller Checklist and Internal Control Manual.
Field Auditor
Energy Commercial Bank Limited
09.2014 - 08.2015
- Prepared detailed branch and departmental audit reports
- Conducted AML, KYC and CDD trainings for new joiners
- Reviewed and reported on all income and expense general ledgers of assigned branches
- Facilitated training on fraud awareness creations in the Bank
- Reviewed and updated the Bank’s AML/CFT Policy and ensured employee awareness and compliance accordingly.
Education
Professional Certificate - Management Level – Ongoing
Chartered Institute of Management Accountants
United Kingdom02.2025
Master of Science - Accounting And Finance
University of Ghana Business School
Ghana07.2022
Bachelor of Science - Accounting
University of Professional Studies, Accra
Ghana08.2014
Skills
- Internal Auditing (compliance reporting, fraud detection techniques)
- Financial planning and analysis
- Excellent interpersonal, written and verbal skills
- Team Building and Leadership
- Microsoft Office Suite, Flexcube Application and basic understanding of Audit Command Language (ACL)
- Valued team player
- Adapts quickly and pragmatically to change
- Result-oriented with high degree of integrity
- Innovative, highly organized and attentive to detail
- Highly analytical with a zeal to solve multiple and complex issues
Profile
https://www.linkedin.com/in/prince-tettey-nyagortey-46901490/
References
Lawrence Danso Sintim
Head, Internal Audit Department,
Ghana Maritime Authority
+233540112112
lawrence_danso@yahoo.com
Kwakye Annor
Head, Fraud & Investigation Unit,
First Atlantic Bank
+233242524056
adieyefe@yahoo.com
Hobbies and Interests
- Reading and educational research
- Peer Counseling
- Team Sports (Football & Basketball)
Training
- February, 2018 - Certificate for Introduction to Credit Management, National Banking College
- August, 2017 - Certificate for Advance Risk Management for Bank Auditors, National Banking College
- September, 2016 - Certificate on Implementing Internal Controls, ALTUM Business & Consulting
- February, 2016 - Certificate on How the Financial Markets Work And The Treasury Function, National Banking College
- April, 2015 - Certificate on Banking Frauds and Other Financial Crimes, National Banking College
Languages
English
Native or Bilingual
French
Limited Working
Certification
- CGMA - Chartered Global Management Accountant - Expected Completion - February 2025
Hobbies
· Reading and educational research
· Peer Counseling
· Team Sports (Football & Basketball)
Timeline
Senior Audit Officer
Ghana Maritime Authority
12.2021 - Current
Deputy Head, Operational Audit Unit
First Atlantic Bank Limited
05.2019 - 11.2021
Head, Fraud and Investigations Unit
Energy Commercial Bank Limited
03.2017 - 05.2019
Head, Operational Audit Unit
Energy Commercial Bank Limited
07.2016 - 03.2017
Branch Resident Controller
Energy Commercial Bank Limited
08.2015 - 07.2016
Field Auditor
Energy Commercial Bank Limited
09.2014 - 08.2015
Professional Certificate - Management Level – Ongoing
Chartered Institute of Management Accountants
Master of Science - Accounting And Finance
University of Ghana Business School
Bachelor of Science - Accounting
University of Professional Studies, Accra