Finance Manager
TSL Limited
مجموع سنوات الخبرة :15 years, 7 أشهر
Financial Planning and Management
• Provide timely and accurate budget forecasting to ensure business is on track to deliver on budget.
• SBU revenue streams analysis and trending for input into business strategy
• Cash flow management, projections, and analysis.
• Stock/inventory/asset management and analysis.
• Business costs management in line with SBU and Group budgets
• Business projects and or investments evaluation to achieve return on investment.
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Provide support to SBU head for business modelling and risk assessments.
Financial Analysis and Reporting
• Provide accurate, timeous, informative, and insightful schedules, management accounts, board packs and related financial reports.
• Analyse and report on scheduled (weekly and monthly) revenue and PBT dashboards and proactively extend commentary/interpretation and recommended course of action.
• Analyse cost drivers, pricing, variable contributions, sales trends and the SBUs actual performance compared to the business plans.
• Develop and maintain trends and projections for the SBUs finances.
• Create and manage product/service pricing models to maximize revenue opportunities.
Compliance & Risk Management
• Proactively identify business and financial risk and propose to mitigate the same.
• Enhance controls for the SBU and compliance with the same to safeguard business revenue and bottom-line.
• Ensure compliance with all relevant legislation
• Coordinate and Liaise with both internal and external auditors to ensure timely reporting of year end results.
Finance Administration
• Ensures all reconciliations are completed and cleared within stipulated times;
• Maintains accurate and complete books of accounts and properly accounts for all income, and expenses, assets and liabilities;
• Monitors budgets performance and variance and initiates corrective action.
• Establishes, maintains, and coordinates the implementation of accounting and accounting control procedures;
• Reviews creditors, bank and general ledger reconciliations.
• Managing key stakeholder relationships i.e. external auditors, bankers, regulators
Financial Planning and Management
• Provide timely and accurate budget forecasting to ensure business is on track to deliver on budget.
• SBU revenue streams analysis and trending for input into business strategy
• Cash flow management, projections, and analysis.
• Stock/inventory/asset management and analysis.
• Business costs management in line with SBU and Group budgets
• Business projects and or investments evaluation to achieve return on investment.
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Provide support to SBU head for business modelling and risk assessments.
Financial Analysis and Reporting
• Provide accurate, timeous, informative, and insightful schedules, management accounts, board packs and related financial reports.
• Analyse and report on scheduled (weekly and monthly) revenue and PBT dashboards and proactively extend commentary/interpretation and recommended course of action.
• Analyse cost drivers, pricing, variable contributions, sales trends and the SBUs actual performance compared to the business plans.
• Develop and maintain trends and projections for the SBUs finances.
• Create and manage product/service pricing models to maximize revenue opportunities.
Compliance & Risk Management
• Proactively identify business and financial risk and propose to mitigate the same.
• Enhance controls for the SBU and compliance with the same to safeguard business revenue and bottom-line.
• Ensure compliance with all relevant legislation
• Coordinate and Liaise with both internal and external auditors to ensure timely reporting of year end results.
Finance Administration
• Ensures all reconciliations are completed and cleared within stipulated times;
• Maintains accurate and complete books of accounts and properly accounts for all income, and expenses, assets and liabilities;
• Monitors budgets performance and variance and initiates corrective action.
• Establishes, maintains, and coordinates the implementation of accounting and accounting control procedures;
• Reviews creditors, bank and general ledger reconciliations.
• Managing key stakeholder relationships i.e. external auditors, bankers, regulators
OPERATIONAL FUNCTIONS
•Auditing of an accounting or non-accounting nature
•On the job training of subordinate staff
•Review risk registers, previous audit reports and develop the audit scope, with input from relevant management
•Document processes and risk matrix, where these do not exist
•Develop internal audit programs
•Organize and use resources effectively to complete assignments within budget
MANAGERIAL FUNCTIONS
•Planning, organizing, leading, and controlling functions of the group audit team
•Liaising with the Group Internal Audit and Risk Executive
•Discussing audit findings with management of subsidiaries
KEY ACHIEVEMENTS
•Revised the Group’s depreciation policy in line with International Financial Reporting Standards and
reduced the depreciation expense thereby increasing total Group profit by 2%
•Provided value adding management recommendations to the sales cycle resulting in increased
sales by 5%
•Provided recommendations on more efficient business processes and reduced operating costs by 2%.
List of clients I worked on:
Financial Services Sector
• Nicoz Diamond Insurance Limited
• Champions Insurance (Private) Limited
• Tetrad Investment Bank (Private) Limited
Non Profit Organisations
• GRM International (a humanitarian organisation)
• Ruvarashe Trust (a humanitarian organisation)
Agricultural Sector
• Seed Co Limited
• TSL Classic Leaf (Private) Limited
• Agricura (Private) Limited
Warehousing, Retail and Logistics
• Innscor SPAR Distribution
• Softex Tissues (Private) Limited
• Zimbabwe Paper Waste Collectors (Private) Limited
• Chemco Holdings Limited
• Schweppes Zimbabwe Limited
• Stone Holdings (Private) Limited
Telecoms Sector
• Econet Wireless (Private) Limited
Medical Sector
• Medical Investments (Private) Limited
• Baines Imaging (Private) Limited
My main roles included:
Bookkeeping
Bank Reconciliations
Credit Control
Petty Cash Management