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RUTENDO N. GWATA

ACCOUNTING AND FINANCE PROFESSIONAL

ACCA, CIMA DIP MA, BSC HONS APPLIED ACCOUNTING

** ***** **********

Home Address: ** ******** ****, ********, **********, Harare, Zimbabwe Cell: +263-***-***-***

Email: adn8ac@r.postjobfree.com

Gender: Female

Date of Birth: 18 June 1986

Marital Status: Married

No. of Dependents: 2

Contact Person: +263***-***-*** (Husband)

Driver's Licence No: 94286JC

Passport: DN569908

Career Summary

I have more than 6 years’ experience performing diversity roles in accounts and finance department and 2 years of auditing experience. I have technical skills and proficiency in financial reporting, management accounting, internal auditing and enterprise risk management, taxation, budgets, and strategic management. I am a strategic thinker with high level of analytical and problem solving skills. I have experience in working with organizations in different industries; pharmaceuticals, including property, financial services, farming, hospitality, FMCG, manufacturing, stock broking and freight.

Experience

Finance Manager Medicines Control Authority of Zimbabwe October 2019-Present

Finance Manager Supreme Brands (Pvt) Ltd Jan 2016-Sept 2019

Management Accountant Supreme Brands (Pvt) Ltd Sept 2012- Dec 2015

Chief Internal Auditor Fairvalue Chartered Accountants Jan 2010- Aug 2012

Financial Consultant Fairvalue Chartered Accountants Aug 2008- Dec 2009

Teacher (Temporary) Frank Johnson Primary School Jan 2005- Dec 2007 Education

CIMA UK Adv. CIMA Dip. MA Current

CIMA UK CIMA Dip. MA 2017

ACCA UK ACCA Member 2016

Oxford Brookes University (UK) BSc Honors in Applied Accounting 2011

St Anne’s Goto High School 2 ‘A' Levels 2003-2004

St Anne’s Goto High School 9 ‘O’ Levels 1999-2002 Accounting Packages

Sage Evolution (ERP)

Pastel Partner

Belina Payroll +100 employees

MYOB ( Manage your own business)

Stock Broking System

Microsoft Office (Excel, Word, Power Point, Publisher, Outlook, Access) Achievements

Led the design and implementation of an accounting system from scratch for start-up a company.

Designed the chart of accounts as required, ensuring they are in accordance with appropriate regulations and standards.

Led the design and implementation of a mobile app to track sales orders, deliveries and sales analysis reporting.

Led the design, information gathering, implementation and customisation of a new ERP system.

Developed business unit reporting systems for the organisation’s branches.

Drafted a System Operating Procedure Manual.

2

Work Experience

1. Finance Manager

Medicines Control Authority of Zimbabwe

October 2019 to present

Responsible for the following:

• Produces accurate and complete annual consolidated group financial statements compliant to MCAZ policies, PFMA and IFRS.

• Collates divisions and units’ budget and prepares the Authority’s budget.

• Performing variance analysis and investigation of budget variances and ensuring that corrective action is taken to address the variances.

• Collaborates with all departments /units and supports them with their financial planning processes.

• Manage the Finance Division Budget.

• Manage the UNDP Global Fund grant for HIV, Malaria and TB.

• Manage the UNICEF Health Development Fund.

• Managing health multi donor funded projects.

• Reviews Donor funded projects monthly financial reports and monitor the Donor funds by ensuring the fund are used in compliance with Grant Agreements.

• Preparing monthly financial reporting packages and presenting them to committee meetings and donor meetings.

• Contributes to the development, implementation, and achievement of the corporate strategic plans.

• Develops and implements the annual work plan and ensure that it is in line with the corporate strategic plan.

• Management of cash-flow and preparation of periodic cash-flow statements.

• Advising and managing the Authority’s investments.

• Develops, maintains, and coordinates the implementation of policies, internal control procedures and operational systems that will ensure the smooth running of the Authority’s finances.

• Fulfilment of statutory and regulatory obligations in relation to accounting, statutory reporting, tax and other regulatory compliance.

• Maintains accurate, complete books of accounts for all income, and expenses, assets and liabilities.

• Conduct year end close procedures and ensure all reconciliations are completed and cleared within stipulated timelines.

• Liaises with internal and external auditors in completing audits. Ensures statutory audits, internal and donor audits are conducted in a timely and professional manner and leading the implementation of recommendations.

• Manages the human resources complement in the Finance division.

• Develop, train and motivate the finance personnel. 2. Finance Manager

Supreme Brands (Pvt) Ltd- Harare Zimbabwe

Jan 2016 to September 2019

Responsible for the following:

• Provide senior management with performance reports including dashboard reports and business intelligence reports to aid long-term and short-term decision making.

• Tracking the company's financial status and performance to identify areas for potential improvement.

• Identifying financial risk and seek out methods for minimising financial risk to the company.

• Research and analyse financial reports and market trends.

• Undertaking research into pricing, competitors and factors affecting performance.

• Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions.

• Conducting month end and year end close procedures including key account reconciliations such as bank, trade payables, trade receivables, fixed assets, salary control, processing of relevant journals and provide accurate and timely financial information.

• Preparing monthly management accounts and annual consolidated financial statements in terms of IFRS and other relevant statutes.

• Preparing financial reporting packages and presenting them to board members, stakeholders, executives, and clients in formal meetings.

• Procurement of raw materials from suppliers with an ERP system using the source to pay process.

• Preparing cash flow forecasts and producing business plans for long term and short term financing.

• Working capital management and cash flow analysis, including managing payment schedules and making cash projections.

• Management of cash and advice on the level of cash and its effective use. 3

• Preparing annual and monthly budgets, performing variance analysis using an ERP system and managing budgets.

• Costing of products and product pricing.

• Developing excel models for use in business performance reporting.

• Undertaking strategic analysis and assisting with strategic planning.

• Performing scenario planning for management decision making.

• Establish and maintain financial policies and procedures for the company.

• Keeping up to date with changes in IFRS and accounting standards.

• Fulfilment of statutory and regulatory obligations in relation to accounting, statutory reporting, tax and other regulatory compliance.

• Liaison with internal and external auditors and coordinating the audit function.

• Supervision of accounting staff and guiding them to meet organisational objectives.

• Developing, training and motivating the team to achieve business objectives. 3. Management Accountant

Supreme Brands (Pvt) Ltd- Harare Zimbabwe

Sept 2012 to Dec 2015

Responsible for the following:

• Preparation of monthly management accounts and annual Financial Statements according to International Accounting Standards (IAS) and IFRS.

• Preparation of cash flow statements and cash flow forecasts.

• Recording and reporting of inter-company transactions and journal entries.

• Preparing weekly financial reports for management.

• Reviewing production statistics and inputting data in pastel.

• Pricing of products and decision making and cost control.

• Performing product profitability analysis and decision making.

• Monitoring stock levels using the economic order quantity and procurement of raw materials.

• Conducting inventory evaluation by reviewing the manufacturing process in the system and reconciliations prepared by the stock controller.

• Preparation of monthly and annual budgets.

• Performing variance analysis and commentary and taking appropriate decisions.

• Maintaining of bank relationships.

• Reviewing bank reconciliations and account reconciliations.

• Computation and remitting of statutory returns PAYE; VAT; Corporate tax-QPDs; & NSSA returns.

• Computation and processing of payrolls.

• Human resources management; drafting employment contracts and managing leave schedules.

• Maintaining the fixed asset register.

• Managing the account receivables and account payables full cycle. Work Experience Continued

4. Chief Internal Auditor

Fairvalue Chartered Accountants- Harare Zimbabwe

Jan 2010 to August 2012

Responsible for the following:

• Executed internal audits extensively to provide independent and objective assurance for various clients on an out sourcing basis.

• Heading, coaching and supervising an Internal audit team of 4 internal auditors.

• Designed and tailored the audit programs for various clients.

• Prepared and reviewed audit plans and programs to ensure the appropriate coverage was made as per the provisions of the audit charter on quarterly, half year and yearly basis.

• Ensured that the proposed audit programs focus on the material risks identified for the sections under audit by tailoring the programs to suit the particular circumstance. Ensured that the audit programs were compliant with all relevant internal audit standards and relevant statutory requirements.

• Planning and execution of audit fieldwork.

• Ensured that internal audit's scope of work covers evaluating and helping to improve all aspects of the organisation's governance and system of internal control, including the management of risk.

• Maintenance and review of working papers and audit findings.

• Managed audit assignments to meet the audit coverage, requirements and specifications of external auditors.

• Building and maintaining relationships with the client staff.

• Budgeting and monitoring the financial performance of projects

• Preparation of internal audit reports and presenting the audit report to the audit committee. 4

Internal Auditing areas covered:

• Compliance checks

• Analytical review

• Corporate governance issues and compliance with the code of ethics

• Company secretarial compliance

• Risk management

• Data integrity test

• Conducting special investigations on suspected fraud cases.

• Reviewing the external audit report and checking on the implementation of matters arising from the report.

5. Financial Consultant

Fairvalue Chartered Accountants - Harare Zimbabwe

August 2008 to Dec 2009

Accounting and Finance training on:

• Preparation of financial statements according to IFRS and IAS.

• Preparation of management accounts

• Preparation of cash flow statements

• Preparation of budgets and performing variance analysis

• Maintenance of asset register

• Handling audit matters for reporting purposes

• Preparation of bank reconciliations

• Petty cash management

• Managing the account receivables and account payables full cycle. Taxation training on:

• Computation of corporate tax and individual tax and tax planning.

• Computation of tax returns: VAT returns; QPDs; PAYE returns; NSSA, company annual returns, company secretarial.

• Provision of information for tax reporting purposes. Fairvalue Chartered Accountants Responsible for:-

Clients/ Company Industry Assignment

Africom Holdings Telecoms Internal Audit (Quarterly)

Dawn Properties Limited Property Management Internal Audit (Quarterly)

Cresta Hospitality Hotel Internal Audit (Quarterly)

CB Richard Ellis (Pvt) LTD Property Management Internal Audit (Quarterly)

Speedlink Cargo Clearing Agent Special Investigation & Internal Audit

Real Freighters Clearing Agent Internal Audit

Fairvalue Management Financial Services Financial Statements &Taxation

Eardrum Farm Agriculture Financial Statements & Taxation

Roosters Take Away Food Financial Statements &Taxation

Speedlink Cargo Clearing Agent Bookkeeping

Remo Stock broking Stock Broking Bookkeeping

Core Skills

Management Skills

Motivating

Communication

Problem Solving

Delegating

Planning

Software skills

Microsoft Office

Sage Evolution (ERP)

Belina Payroll

Soft Skills

Interpersonal

Communication

Initiative

Presentation

Creativity

5

References

Ricky Muzangaza

Administration Manager

5 Baker Street

Kadoma Spar

KADOMA

+263-*********

adn8ac@r.postjobfree.com

adn8ac@r.postjobfree.com

Timothy Mutyanda

MJV Chartered Accountant

Associate Partner

4 Clarence Drive

Newlands

HARARE

+263-***-***-***

Robson Makumbe

Dawn Properties Limited

Group Accountant

8th Floor Beverley Court

Cnr Nelson Mandela & Fourth

HARARE

+263-***-***-***;

+263 (04) 730775

adn8ac@r.postjobfree.com

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