AMOS MASHAVA

Mobile 264-********* **** Extension 5

Landline 264-**-****** Otjiwarongo

Email: acqmhc@r.postjobfree.com Namibia

acqmhc@r.postjobfree.com

Nationality: Zimbabwean

Country of Residence: Namibia

CPA Australia Assessment: ASCO 2211- 11 ACCOUNTANT

Assessment Ref: 9485294

IELTS Test Score: 7

Career objective

To strategically add value to organization’s systems, cost and financial management, accurate and timeous financial reporting and risk management

PROFILE

15 years functional and strategic managerial experience in financial reporting and management, risk management and corporate governance, external auditing and taxation

Qualified Chartered Accountant and trained with leading international firm – Deloitte and Touche`

Experience in IFRS financial statements, Board, EXCO and Audit Committee representations

Budgeting and Financial Modelling, Income Tax and VAT

Excellent leadership skills in steering groups to achieve goals through performance management

User knowledge of SAP ERP system - FICO, Plant Maintenance, ISU Billing and Materials Management and Payroll

Working capital management, long term financing strategies and treasury management

Building strategic inter departmental alliances

ACHIEVEMENTS

Managed performance for the debt collection section which improved debtors’ days through an aggressive debt collection strategy, improved liquidity and reduced overhead costs at Cenored Electricity Pty Ltd

Managed the Cenored Electricity 2011 and 2012 annual audits resulting in the completion of the audit within budgeted time and cost

Received the Deloitte and Touché Millennium Stars’ award in the category “ Up Close and Personal” for building outstanding relationships with Deloitte and Touché stakeholders (2000)

Obtained a favourable risk rating in two consecutive years on the evaluation of the Internal Audit function

Managing a company with a fixed asset register with assets worth N$ 0.5 billion and revenues worth N$ 0.4 billion. Improving company liquidity ratio position from 0.8:1 to 1.8 through debt collections, cost management and inventory management in between 2011 and 2014.

Cost Management resulting in savings of 10% on administrative costs in 2012 and 2013

ERP system (SAP) implementation within 6 months with successful data migration in 2011

WORK HISTORY and RESPONSIBILITIES

CENORED PTY LTD – OTJIWARONGO, NAMIBIA January 2010 to PRESENT

Role – Senior Finance Manager – Reporting to the Chief Finance Officer and managing a department with a staff compliment of 20 people. Cenored Electricity is a company that distributes electricity from Nampower to the Central and Northern provinces in Namibia.

VAT, PAYE, Withholding, Import and Income Tax management

Managed investment fund portfolio

Managed the financial and management accounting functions –bank reconciliations, payroll, creditors, debtors, costing and billing

Managed month end processes and produced IFRS compliant management accounts for presentation to EXCO and the board

Supervised Commercial Area Managers in implementing the accounts receivables collection strategy

Managed the supply chain management system

Prepared annual financial statements in accordance with IFRS, Companies Act, Tax Laws

Managed the external audit function, liaison with bankers, insurers, lawyers, other experts and Government departments

Constructed the annual financial model for tariff determination and for presentation with the budget to the board of directors and bankers and conducting monthly budget variance meetings with line managers

Appraised staff in accordance with the performance management system

Managed the IT relations with the IT department in order to optimise the IT resources in executing the accounting function

Spearheaded the financial perspectives as per the 5 year business plan

Attending to adhoc CEO corporate finance evaluations – business ventures and employee share schemes

CBZ HOLDINGS - January 2007 to 31 July 2009

Role – Group Internal Audit Executive reporting functionally to the board audit committees and administratively to the Group Finance Director and responsible for a team of 19 auditors

Responsible for independent value adding assurance and advisory services for the group operations – Optimal Insurance, CBZ Properties, Transcontinental Equity Growth Fund, CBZ Asset Management, Beverley Building Society CBZ Bank, Treasury Operations and Information Technology

Reviewed year - end audit packs and assisted external auditors in producing audited financial statements

Presented quarterly internal audit reports to board audit committees

Liaised with the Risk and Compliance departments to ensure risk management processes are proactive

Prepared the annual and quarterly group internal audit plans

Equipped the Internal Audit function to achieve its annual audit plan through recruiting, allocation of resources, training, researching into new audit techniques, adopting a risk based audit approach, planning and monitoring results against goals periodically and appraising staff

Performed specialized assignments relating to forensic auditing and system design review

RESERVE BANK OF ZIMBABWE - October 2002 to December 2006

Role – Audit Manager and reporting to the Division Chief, Internal Audit and responsible for a team of 8 auditors. Joined as Audit Supervisor and was promoted to Head Internal Audit Financial Markets and Banking Operations in 2005 comprising of Treasury and Settlements (front and back office for domestic and foreign operations), Finance and Administration, Retail Banking, Currency Management, National Payments System (Real Time Gross Settlement) and the Middle Office

Prepared the annual audit plan for the Financial Markets Division in accordance with IIA guidelines

Designed audit programs and co-developing risk management plans

Reviewed work produced by juniors

Conducted performance appraisals for staff and trained junior staff

Conducted IT audit tests - general and application controls

Reviewed year - end audit packs and assisted external auditors in producing audited financial statements

Performed complex audit assignments relating to financial instruments/ currency swaps and other foreign exchange transactions

GWATIDZO AND COMPANY CHARTERED ACCOUNTANTS - March 2002 to September 2002

Role – Audit Manager and reporting to the Managing Partner and supervised a staff compliment of 10 auditors. Served clients in the automotive, communications, public sector (municipalities) and NGOs

Prepared financial statements for clients in accordance with IFRS and GAAP

Supervised staff and reviewed audit files and reviewed management letters

Assisted the managing partner in corporate advisory services for small to medium sized clients

Performed due diligence exercises for clients in the motoring and telecommunications industry with consideration amounts of up to US$ 100m

Prepared client project proposals to source funding

DELOITTE AND TOUCHE CHARTERED ACCOUNTANTS - January 1999 to December 2001

Role – Senior Auditor: As Accountant in Charge (AIC) for audit assignments, I planned, executed external audits and reviewed files prepared by juniors for clients in the mining, banking, insurance and beverages sector and Zimbabwe Stock Exchange listed companies such as Delta Corporation, Meikles, Old Mutual, Anglo American, Murray and Roberts.

Prepared financial statements in accordance with generally accepted accounting principles (GAAP) and IFRS, the Companies Act, and Zimbabwe Stock Exchange regulations

Prepared value adding management reports identifying weaknesses in internal control systems

Performed due diligence exercises for companies on sale

Maintained staff time sheets and expenses spreadsheets

ART CORPORATION incorporating Fleximail, Kadoma Fine Paper Mills, Mutare Board and Paper Mills, Softex, Chloride (Jan 1998 – Dec 1998)

Role – Accountant

Prepared daily cash flows

Processed statutory payments (PAYE,VAT, pension, withholding tax)

Prepared monthly and year end schedules for external audit and annual financial statements

Performed Creditors, Bank and General Ledger Reconciliations

Banking, petty cash disbursements and maintained the fixed asset register

Performed inter - company account reconciliations

QUALIFICATIONS, PROFESSIONAL MEMBERSHIP

Member of the Institute of Chartered Accountants in Zimbabwe [ICAZ] and Public Accountants and Auditors Board [PAAB]

Bachelor of Accountancy Honours [University of Zimbabwe] and B. Compt Honours [UNISA]

Served articles with Deloitte and Touché - Zimbabwe

REFERENCES

The Human Resources Executive Andrew Nyakonda – Audit Executive

Linus Gwala NSSA:acqmhc@r.postjobfree.com

Navachab Gold Mine Harare, Zimbabwe

AngloGold Ashanti Namibia Mobile: 263 773*********

Tel: +264-**-******

acqmhc@r.postjobfree.com P. Gwatidzo – Managing Partner- Baker Tilly & Gwatidzo

Namibia acqmhc@r.postjobfree.com

Tel: 263-*-******, Harare

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