Richard Mhango, Tutorial Sessional Lecturer

Richard Mhango

Tutorial Sessional Lecturer

Griffith University

Location
Australia
Education
Master's degree, Finance
Experience
10 years, 3 Months

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Work Experience

Total years of experience :10 years, 3 Months

Tutorial Sessional Lecturer at Griffith University
  • Australia
  • January 2013 to June 2013

Money, Banking & Finance

Corporate and Business Accounting.

Finance Lead/Project Accountant at RACQ (Royal Automobile Club of Queensland)
  • Australia
  • May 2011 to December 2012

Finance Lead on major ($150M AUD) IT Transformation Programme with complete responsibility for project capital budgeting,
financial monitoring and board of directors reporting within a large enterprise in the Financial Services sector.
* Designed and prepared management reports for consideration by Group Chairman, CEO & CFO.
* Established effective Internal Controls and viable programme budget within the first 2 weeks of engagement.
* Established and redesigned processes and control measures to ensure continual improvement in integrity of financial reporting
and monitoring processes.
* Developed reconciliation process template to enable the accurate and timely capitalisation and prompt amortisation of completed
programme components.
* Reduced management reporting timeline lag from 3 months to zero within the first 2 reporting cycles of my engagement.

Deputy Finance Manager at James Cook University
  • Australia
  • February 2009 to April 2011

Largest University in Northern Queensland.
* Streamlined various processes during the development and monitoring of business and operational plans.
* Improved strategic effectiveness and operational efficiencies on reporting by 300%. Significantly improved accuracy levels of
departmental reports by developing automated MS Excel based reporting templates.
* Tripled productivity in the manipulation of data by providing MS Excel guidance and coaching that improved team members’
competencies.
* Fostered a sense of team unity and cohesion through an on-going and challenging phase of organisational change, by always
showing a willingness to assist and support fellow team members.

Management Accountant Analyst at Tabcorp
  • Australia
  • October 2008 to January 2009

Recommended activity based costing (ABC) model for hotel kitchen to reflect and present a better understanding of the cost
structure relative to the standard cost method in use at the time. Recommendation favorably received by Financial Controller.
* Prepared and reconciled financial statements and assisted the Financial Controller in special projects, such as projecting the cost
implication of the reviewed Enterprise Bargaining Agreement.

Senior Analyst & Executive Director at Accentuate Consulting
  • Botswana
  • March 2007 to August 2008

Accentuate Enterprises was a Management Consultancy firm, that specialized in the provision of Strategic Management and Corporate
Finance services.
* Constructed a market entry market viability business plan for multi-billion USD South African based banking group listed on the
Johannesburg Stock Exchange. Positive market viability recommendation report favorably received; action deferred following
changes in executive management team.
* Evaluated a spin-off from an FMCG wholesale entity listed on the Botswana Stock Exchange. Recommendation report against
spin-off favourably received and implemented.
* Evaluated, mentored and advised SMEs for bank, private equity/venture capital financing and credit submission purposes.
Formulated and implemented SME strategies (expansion, turnaround). Acted as business mentor for SMEs.

Chief Executive & Portfolio Manager at Capital Asset Management
  • Botswana
  • April 2007 to March 2008

Capital Asset Management is a high net worth (private wealth) asset management boutique with an impressive performance track
record and was part of the Capital Group, with its headquarters in London. Reported directly to Group CEO and Chairman in London,
UK. Funds under management were approximately between $ 3-6 Million USD.
* Developed great business relationships with all key decision makers & executives and established credible and reliable sources of
market and industry information.
* Developed experience in analyzing and reverse engineering Life of Mine models for base metal (zinc, copper and nickel) mining
companies.
* Developed a Private Wealth financial services company and marketed its service offerings to prospects and existing clients.

Senior Investment Research Analyst at African Alliance International
  • Botswana
  • March 2005 to April 2007

African Alliance International is an Investment Banking group with pan African ambitions and interests in 24 emerging market
economies on the African continent. FUM $ 2 billion USD.
* Produced fundamentally driven market leading research in (4 sectors and assisted in 2 others) to drive investment and deal
making decisions in fund management, securities trading and corporate advisory. Attained market recognition as leading sector
specialist/expert in financial services, tourism, utilities and energy within first 18 months as an analyst.
* Appointed as Lead Analyst on Diamond Sector Research (Botswana is the largest global producer of gem diamonds).
* Trained, developed and coached a graduate analyst.
* Developed great business relationships with all key decision makers & executives and established credible and reliable sources of
market and industry information.

Financial Analysis Manager at Time Projects
  • Botswana
  • March 2003 to February 2005

Time Projects was a property investment and development entity with a portfolio of industrial & commercial properties, listed to form
PrimeTime Ltd in December 2007. Financial Management and financial analysis & reporting for a multi asset property portfolio.
* Prepared strategic and financial evaluation/loan consolidation proposal (through a syndicate loan agreement) for the property
portfolio for the Financial Director; Led to 17% incremental Net Present Value (NPV).
* Exceeded rental collections improvement targets by establishing a rapport with tenants and through the automation of the billing
process; reduced working capital cycle 2 weeks.
* Managed Time Project’s Investment Property portfolio, numbering 10-14 subsidiary companies, compiled year-end financial
statements for external audit purposes; successfully passed all external audits by Ernst & Young.
* Appraised cost and capital structure of property holding companies.

Education

Master's degree, Finance
  • at Chartered Institute of Management Accountants
  • May 2002

*Chartered Management Accountant (CIMA) - UK * CGMA – Chartered Global Management Accountant (Joint Designation between the American CPA and CIMA (UK)) * CPA - CPA Australia

Bachelor's degree, Accounting
  • at University of Botswana
  • September 1997

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Bayt Tests

Operations Management Test
Score 92%
U.S. Word Usage Test
Score 94%

Specialties & Skills

Investment Banking
Corporate Finance
Strategic Advice
Financial Statement Analysis
Equity Valuation
BANKING
BUSINESS PLANS
CORPORATE FINANCE
EQUITIES
EXECUTIVE MANAGEMENT
FINANCE
FINANCIAL
FINANCIAL STATEMENTS
MARKETING

Memberships

CFA Institute
  • Registered Member
  • September 2007
Chartered Institute of management Accountants (CIMA) UK
  • Chartered Management Accountant
  • May 2005
CGMA
  • Chartered Global Management Accountant
  • April 2012
CPA Australia
  • CPA
  • February 2009

Training and Certifications

Bloomberg Market Concepts (Certificate)
Date Attended:
April 2016
Valid Until:
January 9999

Hobbies

  • Investments, Finance, Cycling, Reading, Basketball, Travel
    Captain of National Tennis Team, Captain of National Basketball Team, Coach of National Basketball Team