GIVEMORE SICHAKALA, ACCA, R.P.Acc. (Z), MBA
** ********* ****, ********, ********, Zimbabwe
********.*********@*****.***
Profile
An exceptional chartered accountant and an MBA holder, with a proven track record of profit maximization and reduction of operating costs whilst delivering opportunities for growth and expansion to senior leaders, experience held within the mining industry, manufacturing, FMCG, insurance, audit and consultancy.
I strive to competently discharge my duties ethically and professionally as a Registered Public Accountant. My strong leadership skills and ability to communicate effectively and working both independently and as part of a team culminates in timeous discharge of my duties.
Skills
Complex problem solving
Good knowledge of general administrative processes
Good understanding of business calendar and priority events
Understanding of budget systems and controls
Good people handling skills
Ability to compile and analyse statistics
Excellent organising skills
Good time management skills
Strong computer literacy especially in MS applications
Knowledge of Taxation
Ability to manage people
Time management, planning and organising skills
Ability to work well under pressure in a fast paced and dynamic environment.
Ability to make decisions and solve problems effectively and efficiently
Excellent analytical skills with a passion for accuracy and attention to detail
Deadline driven with ability to carefully assess and streamline processes
Quantitative and qualitative analysis
General accounting, IFRS and GAAP compliance
Advanced financial analysis
Highly detail-oriented
Budgeting and financial management
MS Excel expert
Pastel Partner, Payroll and Evolution
SAP
Sage X3
Syspro
Bellina Payroll
Professional Qualifications
Association of Chartered Certified Accountants (ACCA) - Full ACCA member
Solusi University (SU) – Master of Business Administration Degree (MBA)
University of Witwatersrand (Witt) MSc Mining Engineering (pending)
Public Accountants & Auditors Board (PAAB) - Registered Public Accountant
Chartered Institute of Management Accountants (CIMA) – Advanced Diploma in Management Accounting.
Employment
Shared Services Manager May 2023 – Date
Dallaglio – Eureka Mine Guruve Reporting to the Mine General Manager
Responsibilities
SUPPLY CHAIN MANAGEMENT
Guide the development of the Procurement strategy and oversee its implementation.
Ensure adequate supplies are available to operation including critical consumables and spares
Ensure maintenance of suitable inventory levels in the Stores
Guide the development and implementation of a Stores management system
FINANCE
Preparation of the operational budgeting process and forecasts
Analysing the company's financial results with respect to profits, cashflows, trends, and costs, and reporting these findings. Interrogating expenses and optimising costs.
Analyzing the company's financial results with respect to profits, cashflows, trends, and costs, and reporting these findings. Interrogating expenses and optimizing costs.
Risk management: identifying risks and implementing strategies to mitigate them.
Ensuring compliance with all relevant regulations, including but not limited to financial, legal, tax and accounting requirements and principles.
Managing the capital structure of the business, and careful oversight of the company’s debt facilities. Close involvement in potential fundraising initiatives to support the company’s growth.
Management, tracking and control of operational cost through reporting and analysis, weekly key efficiencies reporting, management accounts preparation and variance analysis
Asset management and capitalization process
The preparation of quarterly reports to the Board.
Managing the capital structure of the business, and careful oversight of the company’s debt facilities. Close involvement in potential fundraising initiatives to support the company’s growth.
HUMAN RESOURCES MANAGEMENT
Provide leadership in the development of the human resources structures and strategy
Support the recruitment process for the right skills
Guide the human resources development plans implementation
Manage the wage bill within budget
Provide guidance on industrial relations
Lead the performance management process and the associated performance Incentive Scheme.
Guide the implementation of the disciplinary process
Ensure HR policies are implemented.
SITE FACILITIES MANAGEMENT
Support the management of site facilities and supplies
Ensure the well-being of camp residents
Ensure the provision of transportation for employees to and from work stations.
ICT SERVICES ADMINSTRATION
Support the installation and maintenance of site ICT infrastructure
Ensure the availability of ICT services to operations
SITE SECURITY MANAGEMENT
Manage the security contractor to ensure provision of adequate security services to the operations.
Ensure the constant assessment of site security risks and address any gaps identified.
Corporate Social Responsibility (CSR)
Provide leadership in the development of CSR strategy for the Mine
Guide in the development of CSR Budget in line with the Community Needs Assessment report
Ensure proper monitoring and avoidance of Community related risks to the business
Ensure evaluation of the impact of the Mine CSR Programs in changing the lives of Communities in sustainable ways
Group Finance & Administration Manager November 2020 – April 2023
Duration Gold Zimbabwe Reporting to the CEO
Responsibilities
Preparation of monthly management accounts and financial reports.
Making inputs into the Business Strategic Plan.
Working with the CEO and the Business Executives develop the annual routine work plan and budget for the Business.
Working with Line/Project Managers, develop a plan and budget for each new Project as identified in the Strategic Plan.
Have an annual F&A work plan and budget for routine work based on the Strategic Plan.
Using a Service Level Agreement decide what services are to be rendered, at what standard and at what cost for financial management, financial accounting, management reports, audit, budgeting and health checks
Agree with the CEO and Executive Line Managers the reports and format required on a monthly & annual basis.
Deliver reports as agreed.
Provide professional analysis and comments on reports.
Carry out F&A actions resulting from the reports.
Ensure effective deployment of cash flow based on documented criteria.
Ensure that risk management systems are instituted to prevent loss of money e.g. safe custody of cash with insurance.
Statutory Compliance (e.g. NSSA, ZIMDEF, ZIMRA, RBZ)
Timely reconciliation of cash and bank balance.
Develop materials (Procedure manuals, training programmes, pamphlets, policy documents, SOP’s and clue cards) to assist in training and coaching Line Managers to carry out their F&A roles.
Develop Line Managers using the resource material.
Keep records of the process.
Develop an operating model covering important areas of the F&A function. Ensure that the Line Managers, who are the recipients of F&A services, agree with the content.
Using the operating model, develop the F&A staff (Head Office and the F&A staff in the operations).
Establish records of individuals who have been trained.
Manage the on-going development of the operating model and the development of the F&A staff.
Using the operating model, develop line managers in their F&A roles.
Where appropriate, use the material in this Operating Model to assist with the development of staff Role Descriptions, Performance Contracts and performance metrics.
Policies and procedures must be used to replicate F&A standards throughout the organisation (these can be in hard copy or electronic)
Develop these policies and procedures that are required, inter alia, for accounting, reporting, treasury, procurement, payroll admin, and IT admin.
Introduce these policies and procedures in a systematic manner so that they can be used by F&A staff in the service divisions, business units and Projects.
Use these documents (policies, procedures, clue cards, etc.) to develop line managers in their F&A roles.
Use these policies and procedures to define the standards required in effective performance contracts
Institute a system to manage these documents – including compliance checks
Finance Manager January 2016 – October 2020
Metallon Gold – Bulawayo Mining Company Reporting to the Finance Director
Responsibilities
Preparation of monthly management accounts and financial reports.
Preparation of IFRS financial statements
Management of cash flow, treasury functions and maintenance of banking relationships
Financial planning and preparation of budgets, forecasts and variance analyses.
Compliance with all tax and regulations on finance issues.
Maintenance of general ledger as well as fixed asset register.
Supervision of payroll and salaries administration.
Audit preparation and management for the mine
Supervision of Buying, Stores, Creditors, IT and Accounts.
Maintenance of a documented system of accounting policies and procedures
Spearheading of cost cutting reduction measures
Ensuring adequate internal control, security and risk control systems in place.
Finance & Administration Manager March 2012 – December 2015
African Preserves (Private) Limited Reporting to the Managing Director
Responsibilities
Preparation of monthly management accounts and financial reports.
Preparation of IFRS financial statements
Periodically assess the adequacy of the organisation's financial data processing, controlling and reporting requirements and take corrective measures to address the gaps.
Maintenance of general ledger as well as fixed asset register
Budgeting & Budgetary control
Payroll processing
Statutory obligations preparation and payments thereof, VAT, PAYE, NSSA, QPD’s
Systems procedures and accounting procedures manuals formulations and implementation
Cost Accounting and pricing
Manage the acquisition of assets and ensure that assets are properly recorded, amortized and disposed of as appropriate.
Audit preparation and management
Fixed asset register maintenance
Inventory management.
Prepare human resources budgets and ensure people are effectively managed in terms of budgets, placement, industrial relations, performance management, training and development in line with policies and legislation.
Analysed monthly balance sheet accounts for corporate reporting.
Modified a comprehensive financial reporting package to reflect growing organizational complexity.
Group Accountant July 2010 – February 2012
PROgroup Holdings (Private) Limited Reporting to the Group Finance Manager
Responsibilities
Preparation of monthly management accounts and financial reports.
Preparation of IFRS financial statements
Management of cash flow, treasury functions and maintenance of banking relationships
Financial planning and preparation of budgets, forecasts and variance analyses.
Compliance with all tax and regulations on finance issues.
Maintenance of general ledger as well as fixed asset register.
Supervision of payroll and salaries administration.
Management and supervision of Subsidiary Accountants
Planning of Group audit and liaising with shareholders
Group Tax planning
Periodically assess the adequacy of the organisation's financial data processing, controlling and reporting requirements and take corrective measures to address the gaps.
Consolidation of group results monthly, bi-annually and annually
Group Treasury management
Develop and implement effective financial management systems and processes that ensure efficient budgetary control and monitoring
Training of subsidiary staff on current Financial reporting and tax issues
Effectively utilize the Performance Management System for the achievement of divisional and organizational goals. Job Skills and Competencies
Income tax and Capital Allowances Computations
All related year end accounting work
Keeping the clients’ companies up-to-date with all statutory obligations like QPD’s, APD’s and all ZIMRA returns
Senior Accountant January 2009 – June 2010
Sabre Services (Private) Limited Reporting to the Managing Director
Responsibilities
Management of a sizeable portfolio of financial accounting, Management accounting, Company secretarial, Taxation and Internal Audit clients.
Financial Statement Preparation in accordance with International Financial Reporting Standards
Income tax and Capital Allowances Computations
All related year end accounting work
Keeping the clients’ companies up-to-date with all statutory obligations eg QPD’s, APD’s and all ZIMRA returns
Internal audits with various clients in different industry sectors
Thorough knowledge of internal controls
Budgeting and target setting and variance analysis
Standard Operating Procedure Creation, Implementation and Training
Monthly accounts and systems audits
Stock management
Treasury management
Company registrations, and compliance with the Registrar of companies, on issues like CR6, CR14, Annual returns
Ensure the Company's excess funds are invested to the best advantage of the organization
Manage the acquisition of assets and ensure that assets are properly recorded, amortized and disposed of as appropriate.
Fixed asset register maintenance
Inventory management
Accountant September 2007 – December 2008
Mercury Insurance (Private) Limited Reporting to the Finance Director
Responsibilities
Supervising and checking doily disbursements. payments (including purchase requisitions and orders) and
Mitigating business risks through implementing process controls and ensuring that controls are followed
Leading in the implementation of technical accounting standards.
Leading the team in internal and external audit engagements and attending to issues raised by auditors.
Performing analytical tasks which enable the organization to appropriate pricing decisions and efficient tax planning.
Preparing of monthly management comment, analysing actual performance vs. budget, providing insight,' recommendations presentation of this information at deliverables.
Attending main board and sub- committee meetings, assisting in writing
Minutes of these committees.
Preparing of monthly, half year and yearly audit financial statements.
Analysing of financial statements for prospective clients and providing recommendations to the credit committee.
Attending to requests from the shareholder and partners.
Preparation of annual budgets and forecasts
Other Experience
September 2004 – August 2007 – Royal Car Sales – Assistant Accountant
June 2002 – August 2004 – Delta Beverages – Accounts Clerk
Academic Qualifications
Cambridge Advanced Level
3 A levels in Mathematics, Economics & Management of Business
Cambridge Ordinary Level
5 Levels Including Mathematics and English
Computer Literacy
SAP Pastel Partner
Pastel Evolution
Syspro
Accpac/Sun Systems
Timebag
Microsoft office
Belina Payroll
Hyperion
Sage X3
Referees
Mining Executive
Mr. A Mashingaidze
Duration Gold Zimbabwe
105 Plumtree Road
Bulawayo
Tel 460362/2
Cell 077*-***-***
Mine Manager
Mr. E Gwatidzo
Bulawayo Mining Company (BMC)
Old Esigodini Road
Bulawayo
Tel:0292 288360-9
Cell:077*******, 077*******
Finance Manager
Mr. Muyambiri Dube
Selby Enterprises
15.5 km peg Golden Stairs Road, Harare
Tel: 0772 472 612-5
Cell: 077*-***-***
Group Finance Manager
Mr. N Mthethwa
PROgroup Holdings
82 Woolwich Road, Willowvale, Harare
Tel 667173, 666960
Cell 077*-***-***
Managing Director
Mr. B .Palmer
Sabre Services, 6 Benator Way, Alexander Park, Harare
Tel 744603, Cell 077*-***-***