Solomon Faibil

Experience

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  MDM Ghana Ltd

  Sept 2003 - Nov 2004

  Finance Officer

  I was responsible for the overall financial management of a project with average budget disbursement of about $120,000 per month. This involved•Planning and supervising routine accounting procedures to be performed by cashier.•Ensuring that purchasing, contracting and general expenditure comply with funding guidelines and procedures.•Compiling and submitting monthly financial reports to the South Africa office.•Planning and directing Office administration procedures including HR planning, vehicle usage, maintenance and general office management for staff numbering about one hundred and sixty (160).•Prepare financial reports, disbursement requests, and other management information needs.•Undertake other administrative functions including internal and external correspondence on behalf of the organization in so far as such may be signed by the Site Manager or his nominee.•Payroll administration.•Review and reconcile all expatriate salary advances and allowances.•Ensuring that all statutory deductions such as income tax (PAYE), withholding tax and social security contributions are paid to the appropriate bodies. Show less

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  OIC International

  Jan 2005 - Apr 2009

  Finance Officer (Managerial)

  •Provide technical assistance to staff in implementing and complying with financial and administrative procedures to ensure compliance with regulations.•Monitor expenditures and revenue•Perform administrative and accounting work involving budgetary and accounts payable and receivable functions in accordance with generally accepted accounting rules and procedures.•Plan and co-ordinate the regular maintenance and servicing of all equipments and vehicles.•Payroll administration.•Pay suppliers and utility providers – Electricity bills, water bills and telephone bills.•Co-ordinate and aggregate accounting data from programs•Manage all finances and administration on the programs and ensuring compliance with the organisation’s financial procedures.•Assist in budget planning and also review program expenditure to ensure conformity with funding parameters.•Ensure and maintain a reliable system of internal controls by planning and performing regular audit of programs as well as other programs within the funding agency and the organisations parameters.•Review all vouchers and supporting documents and their coding.•Review and reconcile all travel advance reports and prepare supporting journal entries for posting. Show less

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  Organization for Livelihood Enhancement Services (OLIVES)

  Oct 2009 - Jan 2015

  Head of Finance

  • Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards• Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.• Manage Program income, budgets and funds received for the implementation of various programs at the office to ensure effective cash flow for all programs activities.

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  Junior Achievement Africa

  Jan 2015 - now

  Responsible for the following: • Overseeing all budget and fiscal functions, policies and procedures. • Lead the annual budget development process, monitor expenditures and variances, and proactively update income and expense projections• Develop and implement systems, policies and procedures to ensure compliance with funding requirements.• Oversee payroll and benefits administration• Manage annual audit process and serve as the primary liaison with audit firm• Set up and manage people and systems to ensure adherence to restricted grant budgets, including periodic updates on budget variance and preparation of budget modification documents Show less Responsible for key financial management accountabilities including country office trial balances, financial performance and financial analysis, e.g. grants receivable/field advance aging, currency risk management. Review and regulate application of financial policies and procedures in the operations of the JA Africa Regional Operating Center (ROC). Oversee all financial processes including the transfer of funds to Member Nations. Generate monthly financial reports for JA Africa. Supervise the management of vendors and ensure regular reconciliation of and payments.Other duties• Serve as the financial point person for all finance and operations-related inquiries and queries • Review all financial reports from JA Africa countries and consolidate where necessary• Ensure transactions are properly recorded into the computerized accounting system• Review and Maintain fixed Asset Register for all JA Africa regional office assets Show less

  • Finance and Operations Director

    Jul 2020 - now

  • Regional Finance and Operations Manager

    Jan 2017 - Jul 2020

  • Regional Finance and Grants Manager

    May 2015 - Jan 2017

  • Regional Finance Officer

    Jan 2015 - Apr 2015