B. Accountancy, CA(Z) FCA( Bots)

Curriculum Vitae

THOKOZANI MKUSHI

B.Accountancy, CA (Z), FCA (Bots)

2021

Personal Details

Name: Thokozani Mkushi

Country of Birth: Zimbabwe

Marital Status: Married with 4 daughters

Sport/Hobbies: Golf and Reading

Email: ******.*********@*****.***

Postal Address: P O BOX AE 5 AEH, Gaborone

Telephone : Mobile (267-******** / (267-********

Educational Profile

2015: FCA (Bots)

2007: ACA (Bots)

1988: CA (Z)

1977 – 1979: B.Acc - Bachelor of Accountancy

Employment History

November 2017 to 30 JUNE 2020 - Liquid Telecommunications Botswana - CFO

Responsibilities:

BUSINESS STRATEGY AND PLANNING: -

Continuously evaluate short, medium and long-term strategic financial objectives for the company to ensure that they support the Group's business growth.

In conjunction with the Executive team, design and implement appropriate business plans for the company's business activities in line with the Group's business strategy.

Ensure credibility of the company's financials by providing timely and accurate analysis of budgets, financial trends and forecasts.

Manage processes for financial forecasting, budgeting, and reporting in line with IFRS and best practice and periodically present to the Regional CFO.

NEGOTIATION WITH CUSTOMERS AND SUPPLIERS: -

Negotiation with suppliers and customers on key contract terms to ensure needs of the

business are met and that working capital and capital expenditure are optimally structured

Build strong relationships with suppliers and customers, more-so with key suppliers and customers, to ensure group objectives can be met

Review customer and supplier contracts for key financial components and overall cohesiveness in conjunction with the management team

CORPORATE GOVERNANCE AND COMPLIANCE: -

In conjunction with the Board and Executive management team, ensure implementation and compliance of the requisite Company policies and processes, legal requirements and Governance Best Practice at all times

Provide guidance and advice on Treasury, Transfer Pricing and Tax optimization relating to the company

In conjunction with the Board and Executive management team, ensure mechanisms are in place to identify and ensure compliance with relevant codes, legislation, etc.

Develop the structure for appropriate controls and effective governance in accordance with regulatory requirements.

Play an active role together with the Board and Executive team in managing the strategic direction of the company

In conjunction with the Board and executive management team, identify current and potential risks, including strategic, legal, insurance, compliance, financial, operational, commercial risks which the business faces.

Take the necessary steps to mitigate risks, including use of control systems, risk transfer mechanisms and insurance coverage.

In conjunction with the Board and Executive management team, ensure that financial and operational risks to the business are identified and effectively managed

In conjunction with the Board and Executive management, ensure that the company complies with all legal and regulatory requirements and that record keeping meets the requirements of regulators and external Auditors

FINANCIAL REPORTING AND CONTROLS: -

Ensure the business maintains and adheres to appropriate controls.

Oversee effective cash-flow and working capital management together with tax compliance and reporting.

Oversee the preparation of company results. Quarterly and year-end reporting process and external audit

Manage detailed management reporting to Group timescales

Responsible for preparing Board papers and reporting financial performance to the Board

Provide comprehensive and insightful commentary on the performance of the company against budget and forecast

Develop and manage long term planning models that meet the Group’s needs

CORPORATE FINANCE AND TREASURY: -

Establish and maintain strong banking relationships with banks and ensure compliance

Manage cash flow planning process and ensure funds availability to meet liquidity and growth requirements (treasury)

Project appraisals, managing and reporting

HUMAN RESOURCES AND ADMINISTRATION: -

Establish and maintain strong relationships between management and employees, including actioning points raised in Employee Engagement surveys

Developing and implementing HR strategies and initiatives aligned with the overall business strategy

Bridging management and employee relations by addressing demands, grievances or other issues

Managing activities such as job design, recruitment, performance management, training & development and talent management. Trained in Paterson Job evaluation and grading system.

Responsible for drafting of policies and communication of same to staff. Ensuring local policies align to Group policies

On board and train new hires

Plan and communicate to management, attractive packages and benefits to increase retention

Responsible for all Admin, including but not limited to security, procurement of office supplies, cleaning, compliance with lease agreement terms, repairs and maintenance and office functions

Organize and chair monthly staff meetings

SHE Officer

June 2007 to September 17 - Ernst & Young Management Services (Pty) Ltd – Senior Finance Manager (Head of Finance)

Ernst & Young Management Services (Pty) Ltd is the Botswana consulting and compliance arm of the Global Firm, Ernst & Young Botswana. The firm offers accounting, tax compliance and advisory, payroll and consultancy services to a varied clientele. I was head of Finance for Botswana Office in addition to being the Senior Manager in the Accounting Compliance Reporting (ACR) service line. In addition, I was HR and Administration Manager as well.

SUMMARISED RESPONSIBILITIES:

Ensure the financial accounting function provides the Partners & Management with timely and accurate information on the performance of the business for Ernst & Young Botswana, Ernst & Young Pension Fund & Ernst & Young Social Club.

Ensure compliance with legal & statutory requirements that are applicable to the Finance function

Implement & support operations of Global Financial Systems

Train all EY Botswana staff on new financial systems implemented by Global. I have received training from EY Global on the following tools that I am responsible for training EY Botswana staff on:

Margin Modelling Tool (MMT)

Key Performance Indicator Tool (KPI)

Budget Tool

Client Relation Management Tool CRM) for opening and managing engagements in preparation of Project Mercury implementation in 2017

My Business Reporting (for managing WIP. I trained all staff on this Tool when they got to Semi -Senior level upwards)

Manage the reconciliation process of accounting data for the Botswana Practice.

Supervise & train all Outsource, finance and admin staff

Support financial initiatives driven by Global and EMEIA (Europe, Middle East, India and Africa) through the South African office and responding to all Global and EMEIA enquiries

Responsible for the payroll for EY Botswana

Responsible for all corporate financial management and reporting for Botswana & Africa Sub Area

Responsible for treasury functions

Responsible for the budgeting process for all service lines reporting to both local Managing Partner and Africa Sub Area Service Line Leaders

Responsible for preparation for external audit and internal business relationship audits

Statutory Compliance for both the business and partners

Responsible for all HR functions – recruiting, permit applications and general HR admin.

Other Functions:

Recommend & Update charge out rates for partners to approve

Ensure the Firm is adequately insured

Recommend and draft revised operational policies for CMP to review.

Approve all expenditure

On the Billing committee which reviews all tenders & clients to accept

Responsible for directing the Accounting Compliance Reporting Service Line- with 6 full time

staff (3 Fully qualified & experienced Accountants)

Achievements:

Exceptional Success in the implementation of Mercury Project (SAP) in Botswana

Botswana selected to be the second African Country, after South Africa, to use EY Global Shared Services for Finance activities

Travelled to Bangalore India, in April 2016, and spent 2 weeks doing KT (Knowledge Transfer) in

preparation of offshoring of Financial functions

Successfully spearheaded offshoring and Botswana able to Go Live in Year- end month

Selected to support South Africa in the implementation of Project Mercury (SAP) in Africa, before Botswana was opted to join Wave 1

Country Lead in the implementation of Mercury SAP, the Global Financial System replacing GFIS

Travelled to London, EY More Place, as Finance support for South Africa on Project Mercury in

November 2014. Responsible for training of whole Botswana Office during implementation and post implementation phase

Selected to travel to Secaucus as Finance Lead with 2 South Africa project Managers who were

Service Delivery Lead and Africa Project Manager

Country project director in the implementation of the Global Financial Information System &

responsible for training of the whole office on same

Selected by Africa Sub Area to train & Support Ghana, Zimbabwe, Senegal, and Cameroon in their implementation of the same Global Financial System (GFIS).

Selected to attend the EY Global Financial Transformation Program in Frankfurt, and assist South Africa with deployment in Africa Sub Area

Selected to represent Africa in Secaucus, New Jersey, in the replacement of GFIS by Project

Mercury.

SME (SUBJECT MATTER EXPERT) for Africa in the same Mercury Project on General Ledger and WHT.

Africa Sub Area top 5 finalists in The EY Global Chairman’s Value Award in 2010.

Received the top rating given to an EY employee (5/5)

June 2003 to 2007 - Artesania Accounting & Management Services (Botswana) - Managing Director

Artesania Accounting & Management Services was a small Accounting firm offering accounting, consultancy, tax and payroll services to a varied clientele

Jan 2002 – April 2003 - Running family investments

1.HN Litho (Pvt) Ltd - Managing Director

HN Litho is a print origination business supplying film to the advertising agents and media. Business includes design of corporate annual reports and in-house journals, magazines and company publications. Was responsible for all aspects of the business - finances, and overall business operations and profitability

2.Oct 2000 – Jan 2001 - Spectrum Public Relations (Pvt) Ltd – Financial Consultant

Spectrum is an elite public relations company in Zimbabwe. I was contracted to revamp the accounts department and the assignment included the re vamping of all financial functions including systems and procedures.

3.Jul 1992 – Dec 1999 - G Venturas (Pvt) Ltd - Finance Director

Left Hunyani to spend some time raising our children, but at the same time took charge of the financial aspects of this family business that comprised 4 supermarkets, 2 bakeries, 2 boutiques, a night club and a bottle store, employing 150 staff.

Feb 1983 - Apr 1992 - Hunyani Holdings Group

Joined Hunyani Holdings Ltd in 1986 on completion of my accounting articles.

The company was a listed paper manufacturing concern, employing 1500 people. Its main subsidiary was Hunyani Paper and Packaging Ltd which had 5 operating divisions- Pulp & Paper division, Corrugated Products division, Carton & Print division, Paper Sacks division & Hunyani Timbers.

Financial Accountant Hunyani Paper & Packaging Limited

Pulp & Paper Division (1983)

Responsible for:

Production of the Division’s management accounts

Production of administrative budget & half yearly forecasts

Head Office Accountant (1984 - 1987) - Hunyani Holdings Limited

Responsible for:

Monitoring of group cash flows& cash flow forecasts

Monitoring of the Central bank Account & Group imports

Production of Head Office management accounts.

Group Management Accountant (1987 - 1991) – Hunyani Holdings Limited

Responsible for:

The consolidation of the groups’ monthly & annual financial statements

Consolidation of the group’s budgets

Production of the groups’ interim and annual reports

Computation of the Group taxation

Periodic review of group capital expenditure and comparison with budgets

General Manager Admin, Finance & Personnel - Pulp & Paper Division, with a staff compliment of 750 (1991- 1992)

Responsible for:

Supervising the Divisional Cost Accountant, Divisional Financial Accountant, & Divisional Personnel Manager

All Divisional Financial & treasury functions

Achievements: -

Appointed to the Board of the operating company, Hunyani Paper & Packaging Ltd, which employed 1500 employees

Member - Group’s Job Evaluation Committee, which was responsible for grading all employees in the group’s six Divisions

Articled Clerk Jan 1980 – Jan 1983 - Coopers & Lybrand

Trained in all aspects of auditing over a 3- year period.

Interests and Other Activities

Sport

Life Member – Chapman Golf Club, Harare Zimbabwe

Member – Phakalane Golf Club, Botswana

Member Botswana team in the Triangular between Zimbabwe, Zambia & Botswana in 2005

Committee Member of Gaborone Golf Club ladies’ section for two terms.

Community Service

Actively involved with Tsogang Trust orphanage in Gabane, Botswana for 2 years

Assisted the Hospice in Botswana to set up computerised accounting systems.

Member of the Board of Governors (6 years) for Chisipite Junior School

Has held and still holding leadership positions in United Methodist Church, Botswana.

Referees:

1.Mrs. Elsa Crook

Tel +267-********

2.Mrs. Josephine Banda - EY Harare.

Tel + 263 (24) 75097

3.Mr Odirile Tamajobe – Managing Director Liquid Botswana

Tel.+267-********

4.MR INNOCENT MUNJANJA – TECHNICAL DIRECTOR - BAOA

TEL :+267-********

Contact this candidate