The Board of the Graphic Communications Group Ltd (GCGL) has appointed accountant and lawyer, Albert Kungmaa Ziem, as the company’s Director of Finance, effective September 1, this year.
Until his appointment, Mr Ziem was the Management and Tax Accountant of the company.
An Accountant and member of the Institute of Chartered Accountants Ghana (ICA-Ghana), he also holds an MBA in Finance from the University of Ghana Business School.
He steps into the position with over 18 years of hands-on professional experience in general financial management and accounting with sound knowledge in formulating, implementing and maintaining accounting and financial systems and internal controls.
Mr Ziem is also a lawyer with practical knowledge and experience in Media law, Corporate Governance, Commercial Law and Taxation.
He is also a Chartered Tax expert and member of the Chartered Institute of Taxation Ghana.
Experience
Before joining GCGL, Mr Ziem worked at the Ghana Civil Aviation Authority (GCAA) as Assistant Credit Controller, and at the Aviation Social Centre Ltd as the Head of Finance & Accounts.
He joined GCGL in July, 2009, as Financial Accountant responsible for a number of tasks, including preparing budgets and financial plans for the Group, along with the conduct of periodic budget evaluation mechanisms and reporting variances to executive management.
He was also responsible for monthly, quarterly and annual financial report of the group to the board.
Mr Ziem also prepared group final accounts and liaised with external auditors in the audit of annual accounts.
He advised on effective tax management, including non complaince, and was also responsible for the financial operation of G-Pak, a subsidiary of the Group.
Between December 2016, and his appointment last September, Mr Kungmaa served as GCGL’s Management and Tax Accountant responsible for corporate planning & budgeting, during which he coordinated the preparation of a five-year strategic plan for the Group, supported the Director of Finance on monitoring and evaluation of the corporate plan, as well as assisted department heads to implement strategic pillars and programmes within plan periods, among other things.
Mr Ziem also advised executive management on corporate tax planning and tax avoiding strategies, conducted post-production analyses and advised management on production efficiency, and performed treasury management duties.
The Chartered accountant, tax expert and lawyer also enforced internal controls and acted as legal adviser of the company periodically.
Appreciation
Mr Ziem thanked the board, management and staff for the confidence reposed in him.
He pledged to bring to bear his years of experience in the various fields on the work, and gave the assurance that with support of the board, management and staff, he would contribute immensely to improve the fortunes of the company.
