Accounting
Poly New Consultancy
Total years of experience :20 years, 7 Months
Management Accounts, Cash flow Statements
Audit Preparations - Correspondence & Secretarial work
Formulating procedures, Processes and Reconciliation - Accounts Receivables
Formulating procedures, Processes and Reconciliation - Accounts Payables
Capital & Revenue Expenditure - Preparing Returns
General Ledger Accounts Reconciliation
The Key Areas of Expertise:
Heading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control.
Coordinating in the preparation, maintenance and filing of projected P&L Account, and Balance Sheet as required by bank authorities and financial institutions.
Negotiating with the bank for export documentation requirement.
Liaising with business related organizations such as Banks, Insurance Institutes etc. and preparing budget cum systemizing departmental work.
Responsible for remittance of foreign currency for import advance & other expenses like traveling, consultancy, advertising and project export.
Assisting in stock counts and valuation.
Maintain Asset register
Handling Reserve Bank of Botswana queries for export/import matters
Filing VAT return, PAYE returns, Independent handling of VAT, Income tax assessment.
Directly reports to senior executives; provides financial guidance and leadership to the company’s global R&D team.
Conducts financial analysis, planning, and reporting processes across the various corporate departments with a total revenue of $14 Million.
Partners with R&D finance counterparts in all corporate sectors; manage costs and the P&Ls of various departments.
Provides financial updates and insights on departmental budgets; identifies risks, potential opportunities, and conceptualizes long-term strategies for the purpose of improving efficiency.
Performs and optimises internal control activities such as training and counselling the R&D team on proper control activities.
Reviewing schedules/reconciliation (cost/ revenue & Balance Sheet) and taking corrective actions wherever required.
Preparation and maintenance of final accounts from books of account maintained in SAGE ERP accounting package.
Income recognition, work in progress determination in coordination with production officials and preparation of various controlling schedules like debtors, ageing, foreign exchange inflow and outflow.
A monthly compliance matrix is introduced which covers all internal and statutory matters of the company and ensured strict compliance of the same
Before reporting to higher management
Maintain collection targets set and debtors at current levels.
Minimise Work in progress and ensure quick conversion to billing as soon as an activity happens.
Handling the General and Administrative matters in the absence of the managing director.
Efficient handling of foreign exchange inflows and outflows to enhance profitability of the company.
Fixed assets capitalisation, depreciation calculations and reconciliation to general ledger.
Reconciliation of various debtors accounts monthly.
Edit list checking and scrutiny of ledgers, bank reconciliation on monthly basis
Co-ordination with internal as well as statutory auditors and ensure its timely conclusion. Assisting in the preparation of P&L and Balance Sheet.
Successfully assisted in implementation of Sage Accpac based financial accounting package for the entire organisation.
Handling of routine accounting activities
Fixed assets capitalisation, depreciation calculations.
Creating procedures and policies that ensure timely payments while maintaining a high level of customer retention
Monitoring debtors balances to ensure reduction in debtors
Reviewed and matched invoices.
Processed invoices, reconciled creditors accounts and generated checks.
Verified and processed employee expense reports.
Communicated with vendors and addressing payment queries.
Researched invoice discrepancies.
Monitored payment status of accounts.
Assisted with month end closures.
Ensured all accounting records are kept in a tidy and conspicuous manner, which enabled future references effortless and smooth.
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