About Samora P.Z Wolokolie

My Story

DR, Atty at Law, Samora P.Z. Wolokolie, Deputy Minister Ministry of Finance (Republic of Liberia).

Dr, Atty at Law, Samora P.Z. Wolokolie is a recognized professional accountant, auditor, and tax practitioner in Liberia. Throughout a professional career in business and finance spanning 14+ years, Dr. Samora P.Z. Wolokolie lives and works in Liberia; he currently serves as Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning. His primary responsibility is to manage the financial resources of Liberia, implements expenditure proposals of the Ministries and Agencies of Government as appropriated in the budget, develop, and administer the financial rules and regulations of the republic; and oversees and executes all matters relating to government accounting, including pay, pensions, and other allowances as well as the development of fiscal policy. In addition, Dr. Wolokolie is responsible to oversee all matters concerning the framing of proposals regarding tax and non-tax revenue, tax reform as part of fiscal consolidation; coordinates and performs all services relative to the management of government finances required by law.

Dr. Wolokolie is currently an adjunct lecturer at two universities in Liberia. He is a lecturer of Auditing, Taxation, and Accounting at the Arthur Barclay Business College of the Stella Maris Polytechnic and Financial Management Training Program (FMTP) and the University of Liberia graduate school.

Before he was appointed Deputy Minister for Fiscal Affairs at the Ministry of Finance and Development Planning by His Excellency Dr. George Manneh Weah, Dr. Wolokolie served as Managing Partner of BICON, Inc national firm and worked at a senior management (Audit Supervisor) level with Baker Tilly, Liberia (then VOSCON INC) and PKF, where he served as the Engagement Manager in charge of Audit and Tax. Furthermore, he served as Director of the Internal Audit Division at the Ministry of Finance under a definite World Bank / GOL contract. Dr. Wolokolie also managed audits of USAID contractors receiving contracts and grants for capacity-building projects in Liberia and has overseen large, multi-site audit and consulting engagements for entities with complex organizational structures and accounting systems which included the implementation of system improvements such as the standardization of accounting procedures among related entities. When it comes to audit, Dr. Wolokolie performs primary and overriding reviews of the working papers and client reports; and has substantial experience in all phases of the audit cycle. He participates in the planning of audits and reviews, discusses audit progress (including all significant issues) with the audit manager or in-charge accountant, and provides technical expertise when difficult audit matters arise.

Dr. Wolokolie’s skill sets, and prior experiences include:

  • -Business evaluation and Corporate Strategy
  • Corporate Governance, Risk Management, and Internal Audit
  • Process Mapping and the Design/Implementation of Control Systems
  • Financial Management
  • Corporate Financial and Regulatory
  • Reporting
  • Audit and Assurance (External and Internal)
  • Project Management, training, and Human Resource Management

As a Liberian scholar, Dr. Wolokolie earned the following academic accolades:

  • He is an Attorney at Law and a member of the Liberia National Bar Association (LNBA).
  • He holds a Bachelor of Law (L.L.B.) from the Louis Arthur Grimes School of Law, University of Liberia.
  • He holds a Doctor of Philosophy (Ph.D.) and Master of Science (MSc.), in Forensic Accounting & Audit from the Charisma University in the Turks & Caicos Islands, United Kingdom in February 2020 and February 2016 respectively.
  • He holds a Master of Business Administration (MBA) in Accounting from Cuttington University in 2007.
  • He is a Chartered Accountant (CA) of the Institute of Chartered Accountants (Ghana).
  • He is a Certified Public Accountant (CPA) of the Liberian Institute of Certified Public Accountant.
  • He is a Certified Fraud Examiner (CFE) of the Association of Certified Fraud Examiner, USA.
  • He is a Certified Forensic Investigation Professional (CFIP) of the International Institute of Certified Forensic Investigation Professional of Kenya and the USA.
  • He is a member of the Liberian Institute of Certified Public Accountants (LICPA).
  • Institute of Chartered Accountants of Ghana (ICAG).
  • Association of Certified Fraud Examiner (ACFE).
  • Institute of Internal Auditors (IIA) and International Institute of Certified Forensic Investigation Professionals (IICFIP).

 

Dr. Wolokolie is a public speaker and a publishing author. He has spoken at various professional gatherings and forums including several workshops and seminars in and out of Liberia. His published books are: Forensic Accounting Analytics and Pension Fund Administration: A Study of Selected Administrators in Liberia and Combating Money Laundering: A Guide to Forensic Investigation Professionals. These books are in both Kindle and Paperback Versions and can be ordered on Amazon and here at: Link 1 & Link 2.

As a multi-skilled, business consultant, Dr. Wolokolie’s successful track record as a high-level consulting and risk management, tax, and audit practitioner in competitive national and international markets has enabled him to appreciate, learn, and successfully employ skills in several key multi-disciplinary areas.

Above all, Dr. Wolokolie’s ability to blend his core technical expertise, broad managerial competencies, and different work experiences with his relationship-building (interpersonal) and leadership skills, has underpinned his professional and career successes over the years.