Financial Planning Data Analysis
Resume:
Tshimangadzo Khwashaba
Curriculum vitae
“As a highly motivated and fresh perspective individual, I am not just flexible but also detail oriented. Apart from learning new things I am also driven by new challenges that allow me to think, analyse, apply my skills, and discover new information, new processes to improve my perspective, my skills and improve the efficiency of any environment I am in. Cost Effective Innovations are my Motto.” PERSONAL DETAILS
Name : Tshimangadzo
Surname : Khwashaba
Title : Miss
Gender : Female
Known as : Mangi
Date of Birth : 21 May 1991
Identity Number : 910**********
Cell Number : +27-72-559-****
Work Number : +27-66-302-****
Email : ************.*********@********.***
Nationality : South African
Home Language : Tshivenda
Other Language : English (Speak, Read or Write)
: Sepedi (Speak)
Physical Address : 388 Coega Village, Cnr N2 & Addo Rd Markmans, Port Elizabeth, 6031
(Willing to relocate within South Africa)
Driver’s license : Code 10 (C1)
EDUCATION
Completed November 2023
Data Analysis Certification : University of Cape Town
: Data Analytics basics,
: Data Analysis and analytical representation
Awarded 2014 May
BCom in Financial Accounting : University of Venda Major subjects : Financial Accounting, Taxation,
: Cost & managerial Accounting,
: Auditing
Completed 2008
Grade 12 (Matric) : Mbilwi secondary school
Major subjects : Mathematics, Physical sciences,
: Life sciences, Geography, English,
: Tshivenda, Life orientation
SOFT SKILLS
Report Writing
Ability to work independently and collaboratively. Good time management skills and detail oriented
Highly adaptable, self-starter and self-motivated
Strategic Planning and Execution
Regulatory Compliance and Risk Management
Leadership and Communication
Technology Proficiency
Adaptability and Flexibility in a Changing Environment Innovation and Creative Financial Solutions
Team Management and Delegation
WORKING HISTORY
01 April 2020 – Current
Company : Transnet
Position Held : Financial Planning & analysis Accountant Duties : Budgeting, forecasting & Reporting
: Financial analysis
: Managerial Accounting
: Operational Support
: Fixed Asset Management
: Treasury support/ Cash Management
01 July 2014 – 31 March 2020
Company : Business Connexion (Telkom)
Position Held : Accountant
Duties : Fixed asset Accounting (ICT & Software)
: Project Planning, Evaluation & Reporting
: General Ledger Accounting
Position Held : Finance Business Partner
Duties : Managerial Accounting (OPEX & CAPEX)
: Financial Planning & Budgeting
: Financial & Variance analysis
: Project Accounting & Administration
: Fixed Asset Management
WORK EXPERIENCE
Financial Planning and Analysis:
Prepare and analyse financial information and statistics for monthly and quarterly reports. Monitor trends, key metrics, and market share to align with strategic plans. Analyse financial statements.
Conduct data discovery, financial analysis, and modeling. Evaluate historical and current financial data to understand the company’s financial condition. Identify trends and patterns in financial and non-financial data with financial impact. Study industry-specific trends and research to analyse performance metrics for data-driven decisions.
Conduct financial planning and analysis of large datasets to assess operational and financial performance.
Create reports, dashboards, and visualizations for understanding business performance. Develop financial models to forecast business outcomes and profits. Support the forecasting process and provide financial insights for strategic planning. Coordinate with departmental teams to improve productivity and analyse process issues for improvements.
Collaborate with stakeholders to implement risk management strategies. Monitor project progress, resolve problems, and publish progress reports. Assist with evaluating and standardizing governance models for alignment. Provide inputs on policy and legislative amendments and review risk areas for best processes. Analyse processes to identify gaps for improving profit margins. Provide input to organisational strategy and Corporate Plan, and review activities for recommendations.
Determine benchmarks for financial KPIs and assist with benchmarking exercises on trends and best practices.
General Ledger Management & Financial Reporting:
Reconcile GL accounts monthly, resolve outstanding issues, escalate critical queries. Preparation of monthly, quarterly, and annual financial reports Reconcile company debtors and creditors, ensure accuracy. Opening and closing of accounting periods
Overseeing Critical Financial Reporting Controls within the Financial Statement Close Process Prepare and post correction journals, ensure accuracy of entries. Analyse balance sheet accounts, investigate and correct discrepancies. Record GL entries according to financial reporting standards. Analyse new accounting standards to evaluate their impact on reporting requirements Ensure transactions are accurately captured in appropriate accounts. Update sub ledger for management reporting.
Identify operational inefficiencies and recommend improvements. Generate spreadsheet reports for business analytics. Maintain integrity of accounting processes and systems. Control month-end and year-end reporting timetable. Manage cash and petty cash.
Perform ad-hoc accounting and stock clearing functions. Ensure financial submissions comply with policy and regulations. Review, update, and communicate internal controls. Assist with audits and compliance with reporting framework. Managerial Accounting, Budgeting and Reporting:
Developing the annual budget plan in consultation with key stakeholders. Monitor Area actuals against budget, report variances, and recommend corrective action. Coordinate circulation of budget guidelines and templates Consolidate budget submissions and address management queries. Recommend and implement corrective measures for budget deviations. Coordinate inputs for business unit budget preparation. Analyse spending variances and report findings.
Review monthly variance report submissions and prepare reallocation journals. Prepare financial forecasts and compare against budgets. Perform cost center reporting and provide input to costing systems. Conduct cash flow forecasting and reporting.
Implement improvements in management accounting function. Support accounts payable and receivable for working capital management. Manage fixed assets within business units.
Manage inventory and ensure proper accounting for optimal working capital. Facilitate preparation and distribution of accurate project spending reports. Compile and submit monthly bank reconciliations and progress reports. Cost Control and implementation of Cost containment measures Fixed assets and CAPEX Management:
Maintain fixed asset register.
Manage complete fixed asset module on SAP and related documents. Process CAPEX costs for newly acquired and existing fixed assets. Track existing assets, process transfers and disposals. Handle invoicing for asset sales and disposal write-offs. Enter fixed assets transactions for IFRS compliance on SAP. Track project costs and close accounts upon project completion. Manage cost center details on SAP, including cost allocation and asset impairment. Reconcile fixed asset register with GL module.
Run monthly depreciation and forecast depreciation. Capitalise fixed asset WIP into asset classes.
Manage inventory transfers and accounting.
Analyse capitalisation and depreciation of fixed assets, monitor CAPEX spend. Conduct variance analysis on budgeted and actual CAPEX results. Coordinate physical asset verification and tagging. Recommend updates to protection and accounting policies, implement internal control improvements.
Provide efficient management to asset management division in accordance with legislation. Collaborate with internal departments to improve life cycle processes and ensure service delivery. Ensure compliance with sourcing policies, ethical practices, and regulations, update policies as needed.
Provide fixed asset information for budgeting and forecasting. Assist with audits, review compliance with accounting standards, prepare audit schedules, and assist auditors in inquiries.
Projects management & Reporting:
Open and close authorized capital projects, maintain projects in SAP system. Manage and administer capital projects documentation and processing (Business Case management)
Ensure that all capital project approval documentation is prepared according to accounting standards.
Capital Project Management, milestones tracking, and processing of associated financial entries. Assist with preparation of various capital project and management reporting packages. Assist with ensuring general activities have proper internal controls and procedures. Utilize accounting systems to support a variety of business/reporting needs. Additional special capital projects as it relates to controls or system implementations or business process reviews.
Set and update budget info and capital project settlement rules. Capital project budgeting and reporting.
Monitor costing allocations and process external costs for capital projects, provide feedback to project managers on a regular basis.
Review proposals and contracts to ensure proper billing procedures. Run costs and pre-bills for capital project manager’s review and instruction. Capital Project Financial inputs and analysis.
Maintain planning and budgeting financial structures in SAP system by preparing monthly expenditure performance reports.
Business Performance and Operations:
Prepare internal management reports.
Interpret information for organizational needs.
Contribute to accounting policies and controls.
Implement performance management.
Ensure adherence to governance principles.
Manage compliance risks.
Ensure compliance with legislation and IFRS.
Adhere to functional policies.
Standardize functional processes.
Promote best practices and support excellence initiatives. Maintain a safe work environment.
Ensure compliance with SHE policies.
TECHNICAL SKILLS
SAP ERP
SAP BI
SAP MDC
SAP BPC
SQL (mainly MS Access)
Pastel sage evolution
Microsoft Outlook
Microsoft Office
Think Cell
Working in application of the following Reporting practices and acts in relation to the roles I have done :
IFRS (International Financial Reporting Standards), GAAP and PFMA (Public Finance Management Act) POPI Act, National Treasury Regulations and guidelines, Preferential Procurement Policy Framework (PPPF), Knowledge of the demand and acquisition management, Knowledge of Basic National Treasury Supply Chain Management Guidelines, BBBEE Act, South African Companies Act, Company Intellectual Property Commission (CIPC)
MEMBERSHIP
Business Accountant in Practice with CIBA (Chartered Institute of Business Accountants) Membership : SAIBA4959
BAP(SA) Designation
In good standing
Licensed in Independent Review Engagements [performed in terms of this guide and the International Standard on Review Engagements (International Standard on Review Engagements 2400)]. Licensed in Business Rescue Engagements [in terms of Section 138(1) of the Companies Act, 2008] REFERENCES
Relationship : Manager at Transnet
Mr. Ndabezinhle Duma
Financial Manager
Transnet TNPA
***********.****@********.***
Relationship : Manager at Transnet
Mr. Simphiwe Mashinini
Financial Manager
Transnet TNPA
********.*********@********.***
Relationship : Manager at Business Connexion
Mrs. Irene Maboho
Financial Accountant
Business Connexion
*****.******@***.**.**
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