Financial Accountant
Resume:
Address
*** ****** ******, *********, *********, 0157
Michael Chawaka
Accountant
Business Analyst
Contact Details
adi1jv@r.postjobfree.com
[Targeted Positions: CFO, FP&A Manager, Financial Manager, Management/Financial Accountant.]
Entrepreneurial minded commercial accountant with treasury and risk management experience; offering 11+ years of finance and accounting experience in diversified industries. Accomplished financial expert, experienced in financial planning & analysis, budget & forecast preparation, financial control, cash-flow management and investment appraisals. Demonstrated experience in successfully strengthening finance and accounting processes, risk management, driving change, improving culture, building cross-functional relationships, as well as a key driver of business strategy and profitability. Possess excellent leadership, collaboration & communication skills and can influence all levels of staff; well versed in determining customer needs and developing “win-win” solutions.
Strengths: Building rapport across cultures. Reforming Systems. Organisation & Methods
— Summary of Advanced Knowledge & Expertise —
Adept at financial control, business planning, forecasting and implementing systems including development of financial and operational strategy
Career History
Head of Finance
WMI Interior Design & Renovations (Pty) Ltd, Bryanston (Johannesburg) April 2015 - Present
In this forward looking role, I analyze business performance and advise on how to prevent problems, adapt to changing circumstances and improve value. Prepares, develops and analyses key financial information to ensure that the organization's executive makes well-informed decisions permitting future stability, growth and profitability. The role combines accounting skills with business management skills. I provide the business with accurate, relevant and reliable information and financial insight for Projects allowing sound business decisions to be made and thus enabling business growth.
Key Functions
oPreparing management accounts, including profit and loss accounts, budgets, financial score cards, variance analysis and commentaries
oOversight of the financial function, including results, team productivity, structure and processes
oCash flow management (Treasury)
oTax optimisation strategies & compliance, efiling (Vat, Paye etc.)
oEnsure that the necessary controls are in place, balancing commerciality whilst keeping the business safe
oReview and analysis of monthly financial results, understanding trends, providing relevant insights, ensuring accuracy and coordinating any necessary actions
oCoordinate and prepare annual forecasts
oUnderstanding of performance against forecast, providing insights and deep dive, where necessary
oExecution of various strategic or commercial initiatives
oFinancial modelling and completing new business case analyses
oServe as a financial business partner, building strong relationships with stakeholders across the business
oOffering professional judgment on financial matters and advising on ways of improving business performance
oProactively, recommending and influencing strategic decisions
oManaging, collating and analysing data for delivering actionable insights
oHR & Payroll, BBBEE registration and compliance
oEnsure that the business has the necessary real time MI to drive timely and proactive decisions
Special Notes
Track Record - Instrumental in preserving margins through cost discipline and company-wide interaction and collaboration to improve processes
Senior Accountant
JM Venter Property Management Services, Lyttelton (Centurion) 2014 - March 2015
The position was accountable for the accounting operations of the company, including the production of monthly financial reports sent out to various trustees & directors, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets.
Key Functions
oReconciling of general ledger accounts
oPreparing accruals and prepayments as and when necessary
oProcessing of monthly journals
oFacilitating with month end procedures
oAnalysis of Income & Recognition
oCalculating provisions
oTrust Accounts administration
oBudgets compilation & control
oManagement of Year-end financial audits
oFinancial Cash flow analysis and reporting
oDebit Order submissions & reconciliations
oCompliance & regulatory returns administration
oFinancial Policy & Procedures development & implementation
oPayroll
oManagement Reports
Special Notes
Track Record - With experience in full P&L management, I have played an instrumental role in driving revenue, margins, cost management, risk management and business strategy.
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Michael Chawaka – Page 2
Accountant
LSG Integrated Auditors, Sunninghill (Johannesburg) 2013 - 2014
Full accounting function from reconciliations to financials preparation, including but not limited to budgets, cash flow management, taxation etc.
Key Functions
oManage all Accounting Operations for Multiple Legal Entities including:
oAccounts Receivable (Prepare/Send/Receipt Invoices and Chase Debtors)
oAccounts Payable (Capture Invoices/Expenses and Prepare weekly Payment Run)
oIntercompany Transactions (Transfers and Loan Accounts)
oBank Reconciliations (Current and Investment Accounts)
oSARS Returns (VAT, EMP and Income Tax Returns)
oPayroll (Preparation and Administration)
oBudgeting (Preparation and Comparison)
oReporting (Monthly Management Accounts and Adhoc Reports)
oPrepare all Supporting Information for Annual Audits.
oEstablish financial controls and processes to improve Cash Management, Accounts Payable, Accounts Receivable, Credit Control, Petty Cash and Expense Reimbursement
oProcessing of monthly journals
Special Notes
Track Record - Built a reputation for excellence in managing diverse virtual teams, for exceeding targets on most assignments, for resolving problems promptly & efficiently, and keeping focus clear and on-target. Was the ‘go-to’ Accountant for the most challenging cases involving complex scenarios.
Career History: Earlier Positions
Financial Accountant Fetara Services, (Zimbabwe) 2012 – 2013. Provided high level support to the Director in the set-up of the finance function, systems flowcharting and documenting the procedure manual.
Duties performed included: 1) Profitability analysis including analysis of key figures such as gross margin, EBITDA & reconciliation to the SAGE Accpac ERP system, the Pastel Payroll system 2) Weekly, monthly, annual report preparations including dashboard reporting 3) In-depth analysis and commentary on performance 4) Annual budget preparation and forecasting 4) Tax computation 5) Inventory control & dealing with WIP accounting in the SAGE ERP system.
Assistant Accountant WFD Network, (Zimbabwe) 2009 – 2012
Treasury Analyst NMB Bank Ltd, 2007 – 2009
Financial Assistant Tanganda Tea Company, 2004 - 2007
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Michael Chawaka – Page 3
Education & Professional Training
BCompt Accounting Science Unisa
South African Institute Of Business Accountants Associate Member
CIMA In Progress
GCE Advanced Level 3B’s Goromonzi High School
GCE Ordinary Level 8A’s 2B’s Raffingora High School
Education & Professional Training
Sage ERP Accpac
Pastel Partner, Evolution, Payroll
SAP ERP Solution
Caseware Working Papers
MS Office Word, Advanced Excel, PowerPoint, Outlook
Personal Details
Date of Birth 23rd July 1984
Interests Cycling
[References and Certificates Available on Request.]
Quick View:
Led the finance strategy and entire planning/forecasting; controlled the expenditure analysis leading to cross-divisional coordination on product pricing, strategy, and decisions to meet revenue targets within risk appetite
Quick View:
Initiated insightful reporting and facilitated financial dialogue on a regular basis to build a strong working relationship across the business
Quick View:
Drove delivery of financials of numerous complex entities in backlog extending several years back
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