Asobo Penn Joel Anderson

ASOBO PENN JOEL-ANDERSON (CPA) SAP S/4HANA FICO & ECC Consultant | Financial Modelling Expert | Chartered & Forensic Accountant Bangui, Central African Republic •--• - • Skype ID: joelanderson53 • https://www.linkedin.com/in/asobo-penn-joel-anderson-sapcpa-65026a42/ Dedicated and experienced SAP S/4HANA FICO & ECC Consultant | Financial Modelling Expert | Chartered & Forensic Accountant with 10+ years proven track record in the field of accounting, finance, operations, treasury, tax systems, fixed asset, budgets, risk and compliance. Certified SAP S/4HANA FICO & ECC Consultant, Data Analyst, Fully Certified Chartered Accountant, Certified Public Accountant, Certified Finance Specialist, Certified Financial Modeler and Certified Forensic Investigation Professional with an in-depth understanding of strategic leadership, accounting systems, GL, payroll, Accounts payables (procurement procedures) and receivables. Possess Solid understanding of financial management and policies as well as strong capacity in preparing detailed periodic financial reports as per IFRS / IAS and OHADA norms to donors and other stakeholders. Extensive expertise in grants management and contract compliance, finance / accounting systems and software (ERP’s). Expertise in risk management, internal controls and audits as per Internal Auditors / International Standards on Auditing (ISA) norms and adept at conducting financial analysis, preparing key financial reports, implementing systems and procedures. Strategic planner committed in presenting a true and fair view of the economic position of the organization with proven abilities in analyzing existing financial data and facilitating effective data-decision-making. Fraud/risks examination and prevention specialist with excellent communication, analytical and organizational skills with a track record that demonstrate self-motivation and creativity to achieve corporate and personal goals. Proficient in FCPA (Foreign Corrupt Practices Act) compliance, SOX (Sarbanes-Oxley) and management testing, financial and business modelling, budgeting and forecasting and operational management. Seeking a challenging position with a leading organization to utilize years of experience and skillset and impact her objectives positively. EDUCATION Chartered Financial Analyst (CFA) - Ongoing Bachelor’s Degree in Accounting (Honors), University of Buea, Cameroon, 2014 Higher National Diploma (HND) in Accounting, Ministry of Higher Education, Cameroon, 2013 CERTIFICATIONS AND TRAININGS           SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021), 2022 SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7, SAP, 2022 Certified Finance Specialist (CFS), International Qualifications Network (IQN), 2022 Diploma in International Financial Reporting Standards (IFRS), Institute of Financial Accountants (IFA), UK in collaboration with LEXICON School of Business and Finance, Pakistan, 2021. Advanced Analytics and Visualization in Power BI, Lexicon School of Business & Finance, Pakistan, 2021 Data Analysis in Modern Excel, Lexicon School of Business & Finance, Pakistan,2021 Certified Financial Modeler (CFM-UK), Institute of Financial Accountants (IFA) UK in collaboration with LEXICON, Pakistan, 2021. Introduction to Cash and Voucher Assistance (CVA), Cornerstone OnDemand Foundation,2020 Planning & Implementing a Successful Voucher Program, Cornerstone OnDemand Foundation, 2020 Procurement and Logistics Certificate, Chartered Institute of Logistics & Transport International (CILT), UK, 2020 1       QuickBooks Certified ProAdvisor, Intuit, 2020 Finance and Budgets in Emergencies, Save the Children, 2020 Introduction to Addressing your Unconscious Bias, DisasterReady.org, 2020 Safeguarding children and young people, Plan International, 2019 BSAFE Training, Confirmation No:-, United Nations Department of Safety and Security (UNDSS), 2019 Certified Public Accountant (CPA) Code:GH9R04, SCN/Scottish Candidate No:-, International Qualifications Network (IQN) & Scottish Qualifications Authority (SQA), 2018 CORE SKILLS AND COMPETENCES                Excellent oral and written communication skills in English and French SAP S/4 HANA FICO & ECC, QuickBooks, Microsoft Office 365, Chrome River, Advanced Excel (VLOOKUP, Pivot table, VBA, Macros), Data Analysis (with Excel, Power BI & SQL), Financial Modelling (with Excel, Sage, Google Drive, SharePoint) Corporate and Islamic finance, financial planning and analysis Investment banking, internal and external audits, financial modelling, analysis and financial reporting Cost, performance and operations management, risk, supply chain and Human Resource management Forensic investigation, digital forensics and business process improvement (automation & reengineering) Extensive knowledge of IFRS / IAS and OHADA, ERP, ISA, FCPA, SOX, GAAP and GAP Project Management, marketing, strategic management and leadership Statutory tax returns, non-profit accounting, budgets forecast, cash and voucher assistance (CVA) Ability to determine financial objectives, design, implement systems and frame policies and procedures Skilled in implementing innovative systems and manuals for statutory books of accounts and financial statements with ability to determine financial compliance of reports Knowledgeable in formulating financial reports, analyze profit, cost, material consumption, fund management, inventory and overheads Ability to arrange and file statutory tax returns (STR/DSF) as per standard norms Strong mathematical skills with good analytical, collaboration, critical thinking and multitasking skills Accuracy, accountability, flexibility, organizational, team work and high problem-solving skills WORK EXPERIENCE American Bar Association Rule of Law Initiative (ABA ROLI), Democratic Republic of Congo (DRC) & Central African Republic (CAR) Regional Finance Manager 11/2023 - Present  Provide financial data and support the Regional Director in making data-driven business decisions in line with the Initiative’s strategies and collaborate with regional teams on corrective actions and support plans.  Provide feedback on the development of Country Programs Strategic Annual Plans and annual operating budgets, analyze the overall financial health of programs and report to regional directors and HA finance.  Prepare, review and submit internal financial reports to headquarters, the regional and country office level and contribute to the development and maintenance of the International Finance Manual.  Provide technical guidance and support as requested by the country offices and ensure compliance of financial activities with donors’ rules and regulations.  Ensure timely dissemination of new initiatives and polices to the field, effectively monitor their implementation and identify potential risks and develop mitigation strategies with the Regional Director.  Oversee timely internal/external audit closure, corrective action plan development and tracking and attend all audit opening and exit meetings, regional SMT and risk analysis engagements conducted in region.  Perform final financial review of proposal document prior to approval and submission to the donor. Key Achievements  Strengthened internal organizational management processes for administration, human resource management, and financial oversight and management. Spearheaded reform of procurement processes. American Bar Association Rule of Law Initiative (ABA ROLI), Goma, Democratic Republic of Congo (DRC) 2 Country Finance and Operations Manager 05/2021 – Present  Monitor budget implementation for a multi-year, multi-billion project funded by USAID, Department of State – Bureau of Democracy Human Rights and Labor (DRL) USA, IMA World Health and INL TECH.  Coordinate capacity building training of over 70 sub-grantees, CSOs, managers & staff on finance, admin and procurement procedures, financial reporting, donor regulations and conduct external audits for CSOs.  Provide regular support to the Niger, Central African Republic (CAR) & Uganda national offices with Knowledge of USAID regulations including 2CFR200 and training of local partners (CSOs).  Collaborate with colleagues on the proposal and budget modification before submission to donors and ensure adequate coverage of country operating and headquarters costs  Create and modify budget spreadsheet templates in accordance with donor requirements, prepare balance sheet, reconcile accounts, review and analyze financial reports including cost allocations of shared costs and ensure 100% accuracy.  Oversee accounting and finance processes, policies, and service delivery and maintain accounting controls to ensure accurate, complete, and timely recording and management of financial transactions.  Ensure internal controls are in compliance with financial management policies and procedures, GAAP, donors’ rules and regulations and legal requirements.  Ensure financial accounting package is updated with relevant information for capturing accurate financial data (such as daily exchange/conversion rates, cost allocation tools, posting of transactions, etc.).  Monitor and assess overall budget management with regular updates on advances and availability of funds to HQ, assess actual expenditures (pipeline reports) and recommend possible action if need be.  Ensure efficient management of cash flows and availability of sufficient and optimal cash through monitoring cash balances (both cash-in-bank and cash-on-hand), preparing bank reconciliations.  Execute cost recovery and support collection of associated receivables in line with established policies, generate accurate financial reports, analyze and disseminate on time as per established reporting rules.  Assess business processes, information systems, internal controls, risks, and analyze data using IT audit techniques, provide inputs to draft audit reports and reinforce implementation of audit recommendations. Key Achievements  Oversaw growth of country portfolio from $3M/year in 2018, to $10M/year by 2024.  Prevented disallowed expenses to the tune of $540K within 5 months during the financial year end audit.  Led development of systems to transition country office to a cash-less organization through use of electronic and mobile phone-based technologies for routine payments. Based on that work, ABA ROLIDRC was recognized by USAID, the US government, and others as an industry leader in the establishment of such systems  Enhanced the accurate implementation of the procurement process as per the USAID international procurement guidelines (matrix).  Developed a checklist for Logistics Department to perform checks of fluid levels before fueling vehicles. Plan International, NW and SW Regions (Emergency Response), Cameroon Finance Officer | Project Accountant | Acting Finance Coordinator        08/2019 - 05/2021 Oversaw the compilation of financial records and accounts in a timely and accurate fashion, in line with International Financial Reporting Standards (IFRS) and donor regulations. Prepared and submitted monthly, quarterly and yearly final report to funding donors (UNHCR, ECHO, SIDA, UNICEF, WFP, DRA, ECW, Irish Aid, GAC, UNFPA, Unrestricted Sponsorship Funds, etc.) Reviewed monthly trial balance, chart of accounts and other mandatory GL reports before closing the GL in SAP and ensured fair cost apportioning and cost recovery across projects in SAP. Prepared monthly budget versus actual report in line with the BVA generated from SAP and monitored periodic burn rate for different projects considering project activities and project life span. Prepared partners’ liquidation and monthly balance sheet reports including staff advances, prepayments, bank reconciliation, accruals and budget variance analysis (BVA) reports for proper budget tracking. Ensured timely petty cash replenishment in SAP and minimized cash out in the office and sub-offices by 45%, prepared monthly cash flow, ensured adequate cash levels in field offices and updated signatories. Liaised with the internal and external Auditors, provided relevant data for audits and ensured the smooth implementation of audit recommendations in accordance with donor grant requirements. 3  Ensured procedures for statutory deductions, social security and taxes are implemented, reviewed accounts payables bookings in SAP and supervised the procurement cycle from vendor tenders in line with the group procurement manual.  Performed bank reconciliations, disbursements, clearance of receivables, overall cash management and monthly financial closure on a regular basis in accordance with cooperate requirements. Key Achievements  Beefed up the financial management capacities of non-finance staff and built a strong control and compliance environment.  Took part in the successful implementation of the Cash and Voucher Assistance (CVA) program. Louis Group Inc, Cameroon Finance Manager 02/2016 - 08/2019  Ensured proper documentation from suppliers including PO, GRN, Invoice, tax payer’s card, business license if applicable) invoices, packing list delivery orders, supplier payment terms are received on time and in adherence to Accounts Payables of 15days any payments are made.  Received, processed and verified accuracy of invoices from vendors, calculated discounts and taxes, analyzed ageing debts, ensured collections were made and minimize risk of bad debts by 78%.  Perform bank reconciliation, process general ledger entries, coordinate monthly closing of financial accounts and ensure adherence to basic accounting conventions and principles related to general ledger.  Prepared financial statements for both management and statutory use including Statutory Tax Returns (STR / DSF) and minimized tax risk and material misstatements by 56%.  Acted as the single point of contact for all VAT-related activities of the group including filling tax returns such as corporate tax, income tax, payroll taxes and withholding taxes.  Organized and facilitated VAT trainings and awareness workshops for all departments.  Advised and guided staff on budgets and financial policies and procedures, including results-based budgeting, assisted with internal and external audit requirements.  Prepared periodic annual budget and reports and explicitly explained variances. Key Achievements  Revealed a backlog of inventory of equipment, fixtures and fittings not booked in the company’s accounts and minimized misstatement and asset misappropriation by 30%.  Revealed the previous determination of the taxable base of VAT on pharmaceuticals as sales price Vat inclusive for vatable pharmaceuticals and calculated the base of VAT for vatable pharmaceuticals by converting the sales price vat inclusive to vat exclusive.  Revealed a monthly retention of XAF 144,779 on part time wages (i.e 5.5% retained on the gross with respect to section 92 of the general tax code) which translated to a yearly savings of XAF 1,737,348 EDGE, Cameroon Accountant       Managed treasury and fixed asset including Capital Expenditure and CAPEX investment follow-up. Performed general ledger including IFRS 15 Revenue from contracts with customers and OHADA and Operational Expenditure (OPEX) follow-up. Prepared accounting and construction cost (e.g., Borrowing cost – IAS 23 etc.) for individual projects and obtained clarifications and justifications for all project expenses. Performed monthly TAX (VAT / VAT) credit analysis, payroll, statutory tax returns, liaised with internal and external audit and prepared consolidated accounting reports to the inter-company arrangements. Managed budget forecast, profit and delivered cash flow targets for the group and individual projects Manage capital expenditure including budget approval via solid business case writing & NPV formulation. City College of Commerce (C.C.C) Educational Establishments, Cameroon Accountant (GL. AP, AR, Tax)     09/2018 - 01/2019 04 – 12/2015 Negotiated pricing and fees, slashed payroll/benefits administration costs by 30%. Ensured timely/ monthly completion of balance sheet reconciliations and sent for review by management. Maintaining a schedule of accruals and prepayments and monthly journalize prepayment and accruals. Conducted in depth variance analysis, explained deviation from budget performance, advised management on corrective actions needed and provided guidance for cost control. 4  Reviewed supplier’s invoices for appropriate documentation, billing, existence of service and approval prior to payment, conducted expense review and validation and ensured strict adherence to budgets. NKR & Partners, Douala, Cameroon Auditor (Trainee)     Prepared audit work papers in accordance with International Standards on Auditing (ISAs) and performed various statutory audits. Identified and communicated accounting and audit matters to senior associates, managers and partners Examined financial statements for completeness, accuracy and compliance with uniform accounting standards/IFRS Provided walkthroughs and testing of assigned processes, analyzed operating effectiveness and designed main financial controls for multinational companies like, APM Terminals Cameroun etc. ECOBANK, Douala, Cameroon Credit Trainee     12/2014 – 03/2015 04/2014 Assisted the Credit Officer in granting credits to clients, prepared caution documents (attestations) for clients, tenders to be handed to the state and organizations and established interest payment schedules (Credit Amortization tables). Entered credit requests into “Credit Factory” (credit software) and forwarded to headquarters for approval. Updated client ratings within the system in line with any changes in sector / country ratings. Managed a portfolio of credit files across assigned industries, prepared industry overviews for credit files and portfolio reviews, spread and analyzed financial instruments submitted by clients CONSULTANCY EXPERIENCE Freelancing, Cameroon SAP FICO Consultant       Provided timely support for finance modules including accounts payables/receivables (AP & AR), asset accounting, general ledger (GL), taxation, and bank management. Configured and teste financial accounting integration with Material Management (MM), Sales and Distribution (SD), ensured the SAP system operated smoothly and met user requirements. Provided support for controlling modules including Profit center accounting, Cost center accounting, Internal orders, Product costing, and Profitability analysis Prepared user guides, provided support to the accounting team, tested the SAP system after new updates and changes and participated in the implementation of new financial modules. Developed and implemented financial policies and procedures for clients, assisted in the preparation of budgets and financial forecasts, performed financial analysis and improved cost reduction and efficiency. Conducted trainings for the accounting team, improved their knowledge of the SAP system, monitored and analyzed financial performance and provided insights and recommendations to management. Management of Tax and Accounting (MTA) Consultants), Bamenda, Cameroon TAX Accountant | Auditor        09/2022 – Present 07/2016– Present Outsourced bookkeeping, accounting, financial reporting and payroll to free up client resources, redirected them to core operation activities and improved work efficiency by 80%. Offered taxation and legal advice to clients, helped them plan and achieve compliance and minimized the amounts of costly fines and penalties from the tax administration by 35%. Carried out audit and assurance for internal and external stakeholder requirements Performed due diligence and asset valuations and provided assurance and comfort to investors. Carried out corporate restructuring and achieved strategic alignment in a cost-effective manner Performed cash flow forecasting, monitored financial health and ensured financial, tax and leadership development through research and training. Performed tax declarations, electronic filling of tax returns, provided responses to client’s tax queries from the fiscal administration and prepared financial statements for Management and statutory use. Subsidiary of GROUPE C.H.D, Cameroon (Emok N’dolo) 5 VAT (Value Added Tax) Auditor     Prepared reviews of transactions, determined VAT Credit recovery with respect to the conditions for VAT recovery and refund in the Civil Engineering industry, mentored and trained personnel. Reviewed existing and new contracts, included VAT clauses, minimized compliance issues and implemented preventive actions that avoided penalties greatly. Identified potential tax planning opportunities, maximized efficiency in working and reporting systems and reduced the VAT/duty liabilities where possible within the legislative framework. Analyzed profitability for the individual contracts and jobs. Tax Management Consultants (TMC), Bamenda, Cameroon Tax Consultant   -/2019 01 – 06/2016 Carried out tax declarations, payroll, bank reconciliation and electronic filling of tax returns. Prepared financial statements of clients for both management and statutory use (Statutory Tax Returns (STR / DSF). TEACHING EXPERIENCE Institute of Professional Studies (IPS), Bamenda, Cameroon Part-Time Lecturer  10 – 12/2016 Taught over 40 students in Financial Management and Financial Accounting and prepared them for the HND program. SEMINARS AND WORKSHOPS     Seminar on Amendments of the Finance law, NKR & Partners, Douala, 01/2015 Seminar on Major Innovations on the OHADA Uniform Act on Accounting and the OHADA Accounting System, 2017 (yet to applied) from 01/2018 onwards Workshop on Finance Law, Deloitte & Touche Centre Afrique in collaboration with Laborex, Bafoussam, Cameroon, 28th 04/2016 Two days seminar on Electronic Filling (E-Filling) of Tax Returns, North West Medium Tax Office (MTO/SIM), 01/2016 MEMBERSHIP    AFA, Member of the Institute of Financial Accountants (IFA) UK as Associate Financial Accountant (AFA), IFA Member ID 275543, 2019 MIPA, Member of the Institute of Public Accountants of Australia (MIPA), 2019 CFIP - Member of the International Institute of Certified Forensic Investigation Professionals Inc (IICFIP) USA & Kenya, 2017. https://iicfip.org/cameroon/ No: 31 GRANTS MANAGED    Have managed grants worth $40M from the US Government as donor, DRL. Have also managed grants worth $102M with USAID Successfully managed multiple grants with multiple donors while with Plan International worth over 12M Euros (UNHCR, UNICEF, WFP, UNFPA, DRA, ECW, Irish Aid, GAC, ECHO, SIDA,) REFERENCES  Mrs Lizerd Ngozi Kalu, ACCA, MSc, BSc, Programme Finance Manager, Sierra Leone and Liberia – (Current Role) Street Child |-| - | Skype ID: lizerd.ngozi  Dr Kah Emmanuel Nji, M&E and Bio medical research specialist - (Current Role), AU- Africa Capacity building Foundation, Zimbabwe |-/-| - Mr. Dinla Henry, CPA, Director - Management of Tax and Accounting (MTA) Consultants |-| -  6