Fred Bortey Kyeremeh
Finance Manager
Bexleyhealth,Kent
Business has only two functions – marketing and innovation.
Peter Drucker
Summary
A versatile Finance/Treasury professional with 15 years+ experience in Financial Planning and Analysis, finance business partnering, Treasury Management, Financial/Regulatory Reporting, Project Management and Systems Accounting.
Over the course of my career in Commercial, Corporate and Investment Banking, and Telecommunication/Mobile Financial Services. I have developed strong analytical, people management and communication skills coupled with the ability to collaborate effectively across functions to deliver business results. I have excelled as a Finance Partner in disciplines including Treasury, International Trade, Transactional Banking, Financial Risk Management, Debt and Trade Solutions, Global Markets (Trading), Capital, Finance, Operations and Strategy. My versatility across these complex business areas have yielded some positive results and positioned me among top finance professionals with end-to-end value-adding experience to busineses.
I have been privileged to play key roles in landmark national and international/multi-jurisdictional projects in Africa for the FirstRand Banking Group's Broader Africa Strategic initiatives that has yielded unparalled results to the Africa portfolio. I pride myself as an experienced Finance professional in greenfield/startup and matured business operations leading the Finance function from loss making to multi-profit levels.
I embrace diversity having worked with high-performing teams from over 38 nationalities in the FirstRand Group. I am a people's person and bring the best out of different teams. I build trust and not territory. I am deeply-invested in people, have been the unifier in most of these teams.
I stand for People, operational and commercial excellence. I am swtiched-on, driven, courageous and deeply-invested.
Overview
15
15
years of professional experience
15
15
years of post-secondary education
Work history
Finance Business Partner
Rand Merchant Bank (RMB South Africa)
Accra, Greater Accra Region
09.2020 - Current
- Assisted with continued development of systems, processes and documentation.
- Managed budgets and cashflow, income and expenditure accounts, financial ratios and statutory accounts.
- Oversaw delivery of contractual financial obligations.
- Undertook regular forecast variance analysis in conjunction with budget holders.
- Provided strong management of finance team, meeting high-quality service standards, KPIs and deadlines.
- Advised senior managers on complex financial issues.
- Delivered financial training and helped develop financial services within organisation.
- Produced accurate financial reporting and provisioned appropriate management information.
- Provided profitability promotion analysis based on business requirements.
Treasury Accountant
Rand Merchant Bank (RMB South Africa)
Accra, Greater Accra Region
07.2018 - 08.2020
- Instructed on key financial decisions, providing advice to stakeholders and leading bodies using financial management expertise.
- Produced month-end forecasts, providing insight on material variances for high-risk budget areas.
- Collaborated with Treasurer to review and develop future budgets, focused on achieving medium-term financial goals.
- Installed internal controls and set up standard procedures for business accounting systems.
- Organised and carried out month-end, quarterly and year-end processes.
- Prepared detailed models, reports and charts highlighting complex financial information.
Systems Accountant
Rand Merchant Bank (RMB South Africa)
Accra/Johannesburg, Greater Accra Region/Gauteng South Africa
07.2017 - 06.2018
- Provided technical assistance to user staff and programming personnel by writing documentation.
- Developed and implemented standards, procedures and documentation to improve product quality.
- Identified and implemented modifications needed in existing applications to meet changing user requirements.
- Planned and managed projects through consultations with internal and external teams to meet set objectives on time and on budget.
- Enhanced processes by analyzing production performance to identify efficiencies.
- Collaborated with FirstRand Rest of Africa Finance Project/Systems Accounting Teams to implement landmark Group sponsored Projects.
- Provided daily attestation of balance sheet resulting in minimized input errors in entity balance sheet.
- Prepared monthly bank reconciliations and submitted compiled reports to shareholders.
Product Controller
Rand Merchant Bank (RMB South Africa)
Accra, Greater Accra Region
07.2015 - 06.2017
- Tracked quality metrics and implemented strategies to address underperforming areas.
- Computation and submission of monthly Base Rates Calculations to the Bank of Ghana (BoG) Financial Stability Department (Central Bank) on behalf of the Bank.
- Engaged/obtained regulatory approval for the introduction of new Financial Product, Signed-off accounting treatments at the Deal Conclusion Forum (DCF) for New Product Approvals (NPAs)
- Practiced accounting policies, rules and regulations to comply with applicable standards.
- Formulated year-end reports to gauge financial performance and progress.
- Maintained integrity of general ledger, including chart of accounts.
- Analyzed monthly balance sheet accounts for corporate reporting.
Finance Operations Manager (Acting)
Millicom Ghana Ltd (Operators of Tigo Cellular SA)
Accra
03.2015 - 06.2015
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
- Monitored and reviewed financial controls, processes and procedures to enable best practice development.
- Managed the Mobile Financial Service planning, reporting & float management.
- Managed the relationship between Mobile Money Unit and key external stakeholders including bank partners, central bank, master agents, and other statutory bodies.
- Managed the daily, weekly, and monthly reports for all relevant activities, trends, revenues in the mobile money structure.
- Ensured compliance to anti-money laundering (AML) and Counter-Terrorist Financing (CTF).
Senior Treasury Analyst
Millicom Ghana Ltd(Operators of Tigo Cellular SA)
Accra, Greater Accra Region
01.2015 - 06.2015
- Determined problem areas and resolved issues related to profitability and business objective achievement.
- Forecasted borrowing needs of company to plan accordingly.
- Executed legislative and financial policies to control treasury activities of company.
- Developed and utilized reports, helping leadership make key decisions and outperform operational targets.
- Determined problem areas in Treasury and resolved issues related to profitability and KPI achievement.
- Counselled senior managers regarding risks involved in company loans, investments and liquidity.
Senior Treasury Analyst(Reporting)
Universal Merchant Bank Ghana Ltd
Accra, Greater Accra Region
01.2013 - 10.2014
- Prepared monthly Treasury performance reports outlining KPIs, drivers, trends, and variance analysis.
- Managed Treasury Financial, management and regulatory reporting, including Daily, weekly, and monthly reports. Prepared weekly Prudential/Liquidity Reserve reports to the Central Bank.
- Performed daily input of Exchange rates for start of day and performed end-of day revaluation processes in collaboration with Financial Control team.
- Assisted in daily liquidity management, including maintaining adequate balances at correspondent banks and borrowing funds within ALCO policy limits.
- Provided inputs for the preparation of ALCO reports (Interest rates, liquidity, cash positions, Currency balance sheet, gap analysis etc.)
- Managed Debt covenants and monthly loan amortization schedule/settlement for International Development Finance/Funding Partners such as Exim Banks, Oikocredit, EDAIF
Compliance and Risk Analyst(Treasury)
Universal Merchant Bank Ghana Ltd
Accra, Greater Accra Region
01.2010 - 12.2012
- Led regular stress testing and metrics assessments to evaluate and advise on risk profiles.
- Mitigated financial risk through targeted oversight procedures tailored to individual business needs.
- Interpreted relevant risk management criteria to guide businesses in policy creation, development and enforcement.
- Evolved strategy and processes to meet emerging risks and achieve climate project objectives.
- Adapted risk frameworks to meet changes in appetite, culture and governance.
- Reviewed risk processes and practices to activate improvement opportunities.
- Prepared and analysed periodic reports, outlining risk evaluations for management and stakeholders.
- Determined business exposure and risk profiles, adhering to current policies and risk appetite.
- Delivered detailed data analytics tailored to client needs for improved reporting.
- Evaluated establishment risks and developed controls and procedures to mitigate them.
- Built risk mitigation and monitoring procedures for improved performance and reduced volatility.
- Monitored regulatory changes and updated policies and procedures accordingly for compliant risk management.
Compliance and Risk Analyst
Merchant Bank Ghana Ltd
Accra, Greater Accra Region
01.2010 - 12.2012
- Evaluated establishment risks and developed controls and procedures to mitigate them.
- Prepared and analysed periodic reports, outlining risk evaluations for management and stakeholders.
- Quality-controlled transactions and correspondence to maintain client satisfaction.
- Reviewed risk processes and practices to activate improvement opportunities.
- Interpreted relevant risk management criteria to guide businesses in policy creation, development and enforcement.
- Built risk mitigation and monitoring procedures for improved performance and reduced volatility.
- Monitored regulatory changes and updated policies and procedures accordingly for compliant risk management.
- Led regular stress testing and metrics assessments to evaluate and advise on risk profiles.
Education
Bachelor of Business Administration - Accounting
08.2000 - 09.2004
Master of Business Administration - Finance
02.2007 - 11.2011
ACCA - Finance/Accounting
01.2012 - 09.2017
Skills
- Performance Management
- Management Accounting
- Balance sheet Management
- Treasury Management
- Business Case Building
- Statutory accounting
- Revenue Generation
- Regulatory Compliance Management
- Margin analysis
- MI reporting
- Data trending
- Financial reporting and analysis
- Cashflow forecasting
- Coaching and training
- Performance reviews
- Staff Management
- Budget forecasting
- Capital Management
- Relationship building and management
- Strategic and financial planning
- Business development expertise
- Inspiring team leadership
- Financial governance
- Public Speaking
- Team building
- Problem-solving
- Leadership
Languages
English
Fluent
Work availability
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday
morning
afternoon
evening
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Timeline
Finance Business Partner - Rand Merchant Bank (RMB South Africa)
09.2020 - Current
Treasury Accountant - Rand Merchant Bank (RMB South Africa)
07.2018 - 08.2020
Systems Accountant - Rand Merchant Bank (RMB South Africa)
07.2017 - 06.2018
Product Controller - Rand Merchant Bank (RMB South Africa)
07.2015 - 06.2017
Finance Operations Manager (Acting) - Millicom Ghana Ltd (Operators of Tigo Cellular SA)
03.2015 - 06.2015
Senior Treasury Analyst - Millicom Ghana Ltd(Operators of Tigo Cellular SA)
01.2015 - 06.2015
Senior Treasury Analyst(Reporting) - Universal Merchant Bank Ghana Ltd
01.2013 - 10.2014
Association of Certified Chartered Accountant(ACCA - ACCA, Finance/Accounting
01.2012 - 09.2017
Compliance and Risk Analyst(Treasury) - Universal Merchant Bank Ghana Ltd
01.2010 - 12.2012
Compliance and Risk Analyst - Merchant Bank Ghana Ltd
01.2010 - 12.2012
Wisconsin International University College - Master of Business Administration, Finance
02.2007 - 11.2011
Valley View University - Bachelor of Business Administration, Accounting
08.2000 - 09.2004
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