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Internal Controls Chartered Accountant

Location:
Harare, Zimbabwe
Salary:
24000
Posted:
December 29, 2023

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Resume:

PROFESSIONAL PROFILE

Self-motivated qualified Chartered Accountant with over 15 years’ extensive experience in financial services, construction, real estate, sports and I.T services industries; financial reporting, Groups reporting – multinational entities; financial management; performance management; budgeting; internal controls; procurement; tax planning and compliance; ERP systems development; operations management; administration; team management and mentoring in leadership roles; and audit liaison.

Professional accountant with innate ability to solve financial problems.

In depth theoretical and practical understanding of accounting regulatory frameworks, information systems and internal controls (IFRS, IPSAS, US GAAP, IAS, Income Tax, VAT, Capital Gains Tax, etc.)

Techno-savvy with high technical proficiency in various information systems (experience in implementation of ERPs)

Ability to extract, interpret and convert financial data into usable form for quick informed operational and strategic decision making.

Persuasive and effective communicator with sound business acumen and commercial awareness gained from working in diverse regions

Friendly and Sociable Self-motivated Sober ethics Integrity Firm customer orientation AREAS OF SPECIALTY AND TECHNICAL COMPETENCE

» Financial reporting + Group consolidations » Payroll management and statutory compliance

» Budgeting and Performance management » Staff training and talent nurturing

» Accounting and inventory ERP systems design & setups » Internal controls - crafting & implementation of policies

» Taxation (Zimbabwe, USA, Spain, UK, Mauritius) » Procurement, logistics and Administration

» Advanced Data Modeling and analysis using MS Excel ».Inventory management: warehousing, internal controls, risk management

» Strategy development and financial management » Internal and external audits co-ordination ACADEMIC QUALIFICATIONS Public Accountants and Auditors Board (PAAB) Registered Public Accountant (RPAcc) - 05158 Institute of Chartered Accountants Zim (ICAZ) 2020 Chartered Accountant – CA(Z) – M4516 FBC Holdings: Mar 2017 – Mar 2020 TOPP - Articles of Clerkship - (Financial Management) CA Training Institute of Chartered Accountants Zim (ICAZ) 2019 Assessment of Professional Competence (APC) - Final qualifying board (Pass) Institute of Chartered Accountants Zim (ICAZ) 2019 Initial Test of Competence - Board 1 Exam (Pass) Chartered Accountants Academy: 2017 - 2018 Postgrad Certificate of Theory in Accounting - CTA Level 1 & 2 (Pass) University of Zimbabwe : 2012 - 2016 Bachelor of Accountancy Honours degree - Upper Second Class 2.1 WORK EXPERIENCE Zimbabwe Table Tennis Association

Jun 2023 – current: National Treasurer

Custodianship of the Association’s financial matters

Spearheading budgeting, fund raising and reporting functions

Liaison with national and international governing bodies; organizing local and international tournaments, etc.

- CBZ Holdings is the largest financial institution in Zimbabwe by market capitalization. The Group has subsidiaries in Banking, Real estate, Insurance, Micro-lending, Asset Management and Property development sectors; www.cbz.co.zw Jul 2022 – current: Senior Finance Manager: CBZ Properties

Oversight of the Finance and Administration functions of the subsidiary

Internal and external audit liaison

Preparation of periodic internal and statutory financial reports and tax compliance returns

Custodianship of financial systems and other information technology infrastructure in liaison with centralized I.T department

Institution and implementation of sound internal controls and financial management policies to improve operational efficiency

Leading the entity’s compliance and risk management committee – reviewing risk policies, regulatory compliance, etc.

Formulating and driving strategy – budgeting and planning, performance evaluations, investment appraisals, human resources

Attending board meetings and updating on the entity’s financial aspects Jan 2022 – Jun 2022: Senior Finance Manager: Group Finance

Preparation, interpretation and reporting of the Group’s consolidated financial statements, trading updates and annual reports

Coordinating external audit of the Group and its entities

Crafting and reviewing of the Group’s accounting and internal control policies surrounding financial management and reporting

Researching and providing financial information on aspects concerning mergers, acquisitions and disposal of investments

Monitoring and reporting on new accounting standards and developing technical papers for Group-wide implementation

Assisting executive management in managing liquidity across the Group to ensure efficient utilization of funds

Risk management: monitoring liquidity, financial, operational risks, etc. and maintenance of a sound internal control environment CV

TARISAI KIMPTON MURAMBINDA

Bachelor of Accountancy Honors (UZ) Chartered Accountant CA(Z), Registered Public Accountant Contacts: +263-***-***-*** / +263-***-***-***

Residence: Harare, Zimbabwe

: ad2a7h@r.postjobfree.com

FMBCapital Group: - A multinational financial services holding company based in Mauritius with banking subsidiaries in Malawi, Botswana, Zambia, Mozambique, and Zimbabwe (former Barclays Bank) www.fmbcapitalgroup.com March 2021 – Dec 2021: Group Accountant

Consolidation and publication of periodic financial statements and trading updates for the Group – six entities in different countries

Management accounting: - including performance reviews and commentary for the Group and its subsidiaries

Team lead - development and implementation of the Group’s financial reporting system in liaison with consultants and subsidiary teams

Custodianship of the Group’s accounting policies and coordinating with subsidiaries for consistent application of accounting standards

Providing budget guidance to subsidiaries in line with Group strategy and consolidation of budgets

Reviewing transactions and financial statements for the Group and Shared Services units; transfer pricing and risk management

Internal and external audit liaison – including coordinating Group external audits with country CFOs CROSSVALE, Inc. A multinational/global strategic IT solutions provider which offers middleware solutions for enterprise clients, including systems integration, digitalization solutions, etc. https://crossvale.com/. The entity operates in three jurisdictions i.e., USA (Head Office), Spain and UK. I was working remotely from Zimbabwe as a part time accounting consultant. Jun 2020 – Feb 2021: Senior Accountant – Consultancy (Head Office)

Management accounting – budgets, revenue audits, forecast reports, performance evaluations, bookkeeping, etc.

Consolidation of financial accounts for subsidiaries/countries

Groupwide tax planning and compliance including transfer pricing monitoring in USA, UK, Hawaai and Spain markets

Timesheets approvals for consultants and Payroll processing: - Spain, USA, UK in liaison with regional consultants

Monitoring and review of AP, AR (+billing), bank reconciliations, credit cards, etc.

Monitoring cashflows and liquidity positions across the Group’s subsidiaries FBC BUILDING SOCIETY (Zimbabwe: 2008- 2021): Financial Services - Banking Construction Mortgages www.fbc.co.zw

Jul 2016 – Feb 2021: Management Accountant / Assistant Financial Accountant /Administration Supervisor

Financial reporting - Monthly period closing, management accounts, consolidation packs, press release financial statements, and annual reports (IFRS), integrated reporting.

Inventory management: optimal warehouse management, monitoring re-order levels, risk management and stock takes, etc.

Reviewing of internal controls, risk assessments and accounting policies to improve the control environment and operational efficiency.

Monitoring the stability and performance core banking and accounting information systems to ensure continued reliability – including liaising with international consultants and developers in problem solving capacity; configuration of new products; and queries resolution.

Management accounting – board packs; housing projects costing; performance analysis; and providing monthly reports and recommendations to management on KPI’s; etc.

Strategy formulation: reviews of departmental strategies and consolidation of entity strategy with executive management

Statutory and compliance reporting to regulatory authorities e.g, periodic returns to tax authorities, Central bank, external lenders, etc.

Liaising with internal and external auditors – coordinating all audits within set timetables

Custodianship of company resources to ensure optimum utilization e.g., authorizing expenses, appraising capital expenditure requests, etc

Cash flows management and budgeting in liaison with treasury for funding provisions

Mentoring, training, and supervision of team members to promote a culture of continuous learning and development to reduce skills gaps

Review of reconciliations for assets and liabilities including PPE, creditors, debtors, inventory, financial assets, etc.

Oversight of the procurement and administration function Jul 2015 – Jun 2016: Assistant Management Accountant - FBC Building Society:

Inventory management and coordinating stock takes oversight; Drafting of projects inventory budgets; Costing of constructed cluster houses; review and approval of purchase requisitions; monitoring cashflows in line with budget; Evaluation and review of completed projects; Negotiating trading terms with suppliers and reconciling creditors statements; external audit coordinating; etc. Jul 2012 – Jun2015: Finance and Administration Officer - FBC Building Society

Stock takes; Fixed assets management; Oversight over premises maintenance; Fleet management; inventory management; payments desk Mar 2010 – June 2012: Accounts Clerk - FBC Building Society

Providing support and clerical functions to the accountant; monitoring of transactions and reconciling GL balances; assisting branches on issues within the scope of Finance and administration; and independent stock take exercises. Sep 2008 – Feb 2010: Chief Bank Teller - FBC Building Society

Processing bulk cash transactions ATM custodianship Supervision of tellers Vault Custodianship Jan 2008 – Aug 2008: Item Processing Clerk – ZB Bank (Central Waste and Item Processing Centre) www.zb.co.zw

Bulk data capturing Imaging and filing of documents Attending to clients’ enquiries. PERSONAL DETAILS Male 34 years old Zimbabwean Class 4 driver’s License Valid Passport CAREER HIGHLIGHTS

Team Lead - Finance department: Systems development/upgrade projects. Provision of valuable technical accounting and internal controls guidance during customization, modification, and implementation of information systems o Quick Consoles (FMBCapital Holdings –2021):- Group consolidations system: - coordinating standardization of automated management accounts for 6 countries and configuration of Group consolidated statutory reports in line with IFRS o Oracle Netsuite Accounting (Crossvale, USA - 2021) - instrumental in system migration & setup for subsidiaries, training new staff o FBC Flexcube v14 core banking system upgrade and migration (2018) + new products configurations o FBC Caseware Financial reporting (2018-2019) – IFRS + integrated report designing and implementation o Reserve Bank of Zimbabwe (RBZ) Banking Supervision Application (BSA) implementation project (2014) - represented FBC Holdings and other banks on the testing and implementation phases o Successful implementation of OaSys inventory management system for construction projects stocks management (FBC, 2015-16)

Introduced and reviewed various policies and operational manuals for Finance, Administration and Projects management functions to enhance internal controls, operational efficiency, and control costs e.g., Fleet management policies; Procurement policies, Projects and inventory management policies; Accounting policy reviews, etc.

Restructured Finance and Administration department for a subsidiary within two months implementing several process flows, internal controls, staff development plans, accounting and administration policies, etc. (CBZ – 2022) COMPUTER PACKAGES Oracle Netsuite ERP Power BI Oracle Flexcube Banking v11, v14 SunSystems Vision XL Sunflow SAP Ariba Afropack Accounting and Banking Caseware Google Suites MS Office suite Advanced Ms. Excel–data modeling + Pivots RBZ Banking Supervision Equation Banking System Quick Consoles Quickbooks Xero Expensify Bill.com Pastel My experience in development and implementation of diverse systems in various international institutions allows me to swiftly adapt to a wide range of ERPs with ease.

Hobbies Analyzing stock market trends Golf Listening to CFO Podcasts Reading diverse books Community development & cultural exchange – Junior Chambers International (JCI) member Table tennis – Zimbabwe Table Tennis member: 2018 and 2022 Interbank games Gold Medalist Business journals e.g. Havard Business Reviews, Business Weekly journals. Referees Available on request



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