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TEDDY MUZONDO

**** ******* *****, ********-******, Zimbabwe +263-**-***-**** +263-**-***-**** ad113d@r.postjobfree.com alternate ad113d@r.postjobfree.com

SUMMARY

Proficient and self-directed finance and accounting professional with over 20years experience, capable of excelling in any environment. Skilled in preparing financial statements, financial analysis, corporate reporting, management accounting, financial management and corporate secretarial services.

SKILLS & KEY STRENGTHS

• Team player, adaptability, and ability to change • Ability to perform in high pressure environment

• Documentation and attention to detail • Strategy formulation & Program implementation

• Policy and procedures development • In-depth finance and accounting knowledge - GAAP

• Reporting and analysis – Financial and

Management accounting

• Internal controls and compliance

• Excellent verbal and written communication

skills

• MS Office proficient: - Excel, Word,

PowerPoint. Accounting software

• Good understanding of corporate governance

principles

• Multitask & workload management

skills, Enterprise Resource Planning

• Analytical and problem-solving ability • Solid quantitative skills PROFESSIONAL AND TECHNICAL EDUCATION

UNIVERSITY OF SOUTH AFRICA (UNISA)

• Master of Business Leadership Degree (MBL)

UNIVERSITY OF ZIMBABWE

• Bachelor of Accountancy Honours Degree

MUTARE POLYTECHNIC

• Higher National Diploma in Business Studies

CERTIFICATIONS

PROFESSIONAL BOARD: ACCA {Association of Chartered Certified Accountants}

• Advanced Diploma in Accounting and Business

• Professional Ethics Certificate

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WORK RELATED EXPERIENCE

I am a trained finance and accounting professional with over 20 years’ experience, in the following fields:

• Financial Management, Corporate Reporting, Financial and Management Accounting, and Corporate Secretarial

• Worked as Finance Specialist/Project Accountant for World Bank Administered Project - ZIMREF

• Corporate Secretarial, over 3 years- good understanding of corporate governance principles

• Corporate Reporting, Financial and Management Accounting over 20 years Position: Finance Director

Period: September 2022 to 18 July 2023

Organization: Zimbabwe National Water Authority

Purpose of the Job:

Reporting to the Chief Executive Officer, and responsible for overseeing and managing all the financial administration aspects of the organization, inter alia, financial planning, budgeting, and cost control as well as coordinating and leading the financial aspects of the organization in line with its vision and ensuring regulatory compliance is always achieved. Duties and responsibilities

• Contribution to the organization’s Strategic direction and policy formulation

• Developing internal Financial and Operational Policies and Procedures

• Evaluating Business Performance and ensure that agreed targets are achieved.

• Drafting committees board reports

• Tabling of financial reports to the Finance Committee of the Board

• Preparation of Integrated Annual Report

• Assessing working capital management techniques and making practical recommendations.

• Establishing Budgeting and Budgetary Control Systems and Mechanisms

• Establishing Revenue collection strategies and ensuring that agreed revenue collection targets are achieved.

• Recruitment and selection of Departmental personnel

• Training and Supervising staff.

• Performance Appraisal

Major competencies and skills acquired.

• Good understanding of Corporate Governance principles

• Liaison at senior management / director level and has emotional maturity, focused and disciplined.

• Presentable, professional, and confident of self.

• Diplomatic and tactful while remaining assertive.

• Target/results driven with a sense of urgency to get things done.

• Desire to improve the status quo in line with current trends.

• Career driven with strong focus on personal development. Page 3 of 5

Achievements

• An Award Winner of the 2021 Leading Financial Personality of Integrity - Zimbabwe CEO’s Network

• Developed the Financial and Internal Control Policies and Procedures manual which has resulted in the effective implementation of the organization’s control environment.

• Stayed within budget for operational costs by implementing cost cutting measures across all departments for the financial years 2021 and 2022. Position: Finance Manager

Period: November 2011 to August 2022

Organization: Zimbabwe National Water Authority

Purpose of the Job:

Reporting to the Finance Director, the job exists to manage the working capital position, monitor the creditors and debtors’ position, and provide sound advice on the different financial options available to the organization to maximize return on investment. Duties and responsibilities

• Cash flow, Treasury and Working capital management.

• Negotiates with financial institutions on rates of return-on-investment amount to maximize return on investment amount.

• Review of budgets and cash flow statements.

• Evaluation of costing and pricing systems and advising on optimal use of funds.

• Review of financial statements for compliance with International Financial Reporting Standards.

• Reviewing financial statements and performance evaluations including ratio and trend analysis.

• Extensive use of computerized accounting systems.

• Assessing adequacy and appropriateness of controls – physical and logical.

• Working knowledge of BIQ Municipal System, Excel, MS Word, Power Point

• Preparation of audit schedules and files

• Liaison with External Auditors

• Responding to audit queries

• Negotiation with Tax authorities on taxation issues

• Offering Company Secretarial Services to the Board of Directors

• Worked with the Board Chairman and Chief Executive Officer in drafting board calendar and agendas.

• Involved in the induction of board members.

• Recruitment and selection of Departmental personnel

• Training and Supervising staff.

• Performance Appraisal

Major competencies and skills acquired.

• Extensive knowledge of International Financial Reporting Standards (IFRS)

• Excellent organizational and presentation skills

• Ability to plan, organize and control own work.

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• Good verbal and written communication skills with good report writing ability and skills.

• Can manage deadlines and is stimulated by working in a pressurized environment.

• Good people management skills

• A team player with good leadership and supervisory qualities. Ability to multi-task and work unsupervised, Ability to train, coach, develop & mentor others. Achievements

• Led successful annual audits with zero major findings for ten consecutive years, ensuring compliance with regulatory requirements and maintaining the company’s financial integrity.

• Led a technical team which designed a tariffs indexation formula model that was adopted by the organization in coming up with its water tariffs.

• Appointed as the Project Accountant/Finance Specialist for World Bank Administered Project – ZIMREF, ensured successful compliance with the World Bank reporting requirements and proper acquittal of funds.

• Improved expense automated entry form for greater user understanding, leading to 50% faster completion by department heads

• Built and maintained strong relationships with statutory creditors like ZIMRA and NSSA and negotiated payment plans.

Position: Group Accountant

Period: July 2007 to October 2011

Organization: Zimbabwe National Water Authority

Purpose of the Job:

Reporting to the Finance Manager, the job exists to consolidate group financial statements and management accounts. Preparation and submission of statutory returns, that is tax computations and returns and pensions returns. Liaison with external auditors. Duties and responsibilities

• Preparation of Financial Statements and consolidations, in accordance with the applicable reporting frameworks and reporting thereon.

• Computing, completion, and submission of statutory returns

• Product Costing and the preparation of Monthly cost summaries and Variance Analysis.

• Preparation of regular reports and summaries of accounting activities

• Maintenance of the fixed asset register / file, administration of the general ledger and control accounts reconciliations.

• Tax computations, preparation of VAT returns in compliance with the Income Tax Act.

• Training and Supervising staff.

• Performance Appraisal

Major competencies and skills acquired.

• Excellent analytical skills, with a strong sense of attention to detail.

• Persistent, and persuasive. Well-developed investigative, evaluative, and problem-solving ability.

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• Possesses alertness and quick response to problems. Has the ability to take responsibility and accountability and make decisions.

• Strong interpersonal and client liaison skills.

Achievements

• Developed new and complex spreadsheets to help produce the monthly management accounts much quicker, reducing the production time from five days to two. Position: Catchment Accountant

Period: January 2001 to June 2007

Organization: Zimbabwe National Water Authority

Purpose of the Job:

Job exists to co-ordinate the collection of revenue for the catchment, formulation and implementation of budgets, production of financial statements, supervise of the stores function and the general management of the Catchment’s financial affairs.

Duties and responsibilities

• Preparation of Financial Statements in accordance with the applicable reporting frameworks and reporting thereon.

• Preparation of monthly management accounts

• Posting financial information from source documents to books of accounts.

• Preparation and control of journal entries

• Validation of receipts and payments

• Processing invoices, raising provision accounts for creditors & debtors.

• Preparation of creditors, Debtors and Bank reconciliations.

• Revenue collection and ensure that agreed revenue collection targets are achieved.

• Maintenance of the fixed asset register / file, administration of the general ledger and control accounts reconciliations.

• Management of procurement and stores function.

• Training and Supervising staff.

• Performance Appraisal

Major competencies and skills acquired.

• Extensive hands-on experience with BIQ Municipal System

• Through knowledge of computerized and manual accounting systems

• Highly computer literate

• Hard working and self-motivated

• Willingness to go the extra mile.

• Good time management and can prioritize work.

Achievements

• Managed a team of accounts staff and interns to ensure all deadlines were met on time.

• Led successful annual audits with zero major findings for six consecutive years, ensuring compliance with regulatory requirements and maintaining the company’s financial integrity.

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