Financial Management Experience

CURRICULUM VITAE FOR JACOB MUTUNGWAZI

Date of Birth: 14 August 1976

Cell: +27-63-432-****

Email address: ************@*****.*** OR ************@*****.*** PROFILE SUMMARY

I am a committed Senior Chartered Certified Accountant with more than 15 years invaluable accounting and financial management experience gained in South Africa and other parts of Africa. I would like to add value to the company I will join by initially identifying the company’s weaknesses and strengths, and then implement effective measures to improve performance. I have hands-on experience with a track record of successful accomplishments in setting up financial and management accounting systems. I am results driven manager with invaluable experience in leading and developing successful finance teams. I am currently looking for financial professional positions in Zimbabwe, South Africa, Africa or the rest of the world.

SUMMARY OF KEY SKILLS

Financial Reporting,

Internal Controls &

Taxation

-Preparation of Annual

Financial Statements in

Accordance with IFRs

-Consolidations

-Ledger Analysis &

Reconciliations

-Tax Computations &

Planning

-Internal Control

- Audit & BBBEE file

preparation

Performance Management,

Management Accounting &

Treasury

-Budgets Preparation,

Coordination & Monitoring

-Preparation of board packs,

Management accounts &

Review

-Financial projections

-Job costing & cost control

-Cash flow management

Management

Skills & Project

Management

-Accounting

systems project

implementation

-Supervisory

skills

-Decision making

-Effective

delegation

Personal Skills

-Attention to detail

-Communication &

Presentation skills

-Good IT knowledge

-Negotiating and

problem-solving

skills

-Analytical mind

-High levels of

integrity

SUMMARY OF WORK EXPERIENCE

Sept 2022 – Present FinancialManager/FD: Mashamba Foods DRC Lubumbashi Sept 2016 -Present Senior Accountant/Financial Manager-Polar Ice Cream, Cape Town Jan 2015 - Aug 2016 Finance Manager/CFO -Nortal Development Ltd, Portharcourt Apr 2012 - Dec 2014 Accountant/HR - Goodall Industrial (Pty) Ltd, Cape Town 2

Oct 2010- Feb 2012 Accounts Executive - Mazars Chartered Accountants, Botswana Sept 2006-Mar 2008 Accountant (Revenue)-Zimbabwe Open University, Harare (Zim) Aug 2003-Aug 2006 Audit Clerk/External Auditor -STC Chartered Certified Accountants, Harare WORK EXPERIENCE IN DETAIL

Employer Mashamba Foods DRC (Teichmann Group)

Position Held Financial Manager

Period 1 Sept 2022 to Date

Duties and Responsibilities:

• Reporting to the Managing Director and Group CFO

• Managing employees (Two senior accountants, One Bookkeeper, Two Clerks, HR Manager, HR Assistant and managing five operations managers finance or performance related tasks)

• Board Meetings

• Preparation of board packs and management accounts

• Financial reporting (agriculture IFRS) and control

• Oversee long-term budgetary planning and costs management in alignment with the company’s strategic plan

• Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics (Including introduction of key performance measures and implementation)

• Develop tools and systems to provide critical financial and operational information and make actionable recommendations on both strategy and operations

• Ensure cash flow is appropriate for the organization’s operations, managing working capital.

• Maintain internal control safeguards and coordinate all audit activities

• Advising on long-term business and financial planning.

• Building and maintaining key relationships across the organization.

• Ensure compliance with tax laws and regulatory authorities

• Providing leadership, direction and management of the finance team

• Cash Book Finalisation and Reconciliations

• Tax computations

• Cash flow management

• Responsibilities include treasury, data collection and analysis, data management, reporting, compliance, policies, document preparation, business advice, financial management, capability building amongst others

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Achievements: Improvement of accounting processes, building an effective finance team, ensuring conversion of OHADA accounting reports to IFRS reports, Fixed Asset Register improvement and introduction and implementation of key performance measures. Employer Polar Ice Cream (Pty) Ltd

Position Held Senior Accountant/Financial Manager

Period 4 Sept 2016 to 31 Aug 2022

Duties and Responsibilities:

• Reporting to the General Manager & CEO

• Managing and reviewing junior staff work

• Preparation of board packs, management accounts and consolidated accounts

• Oversee long-term budgetary planning and costs management in alignment with the company’s strategic plan

• Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics.

• Develop tools and systems to provide critical financial and operational information and make actionable recommendations on both strategy and operations

• Ensure cash flow is appropriate for the organization’s operations, managing working capital.

• Maintain internal control safeguards and coordinate all audit activities

• Advising on long-term business and financial planning.

• Building and maintaining key relationships across the organization.

• Ensure compliance with tax laws and regulatory Authorities

• Providing leadership, direction and management of the finance team

• Cash Book Finalisation and Reconciliations

• Tax computation, planning and returns

• Cash flow management

• BBBEE file preparation

Achievements: Implementation of an effective fixed asset register, ensuring smooth transition from audit reviews to audit and implementation of key performance indicators. Employer Nortal Development Ltd, Portharcourt

Position Held Finance Manager/CFO

Period Jan 2015 to Aug 2016

Duties and Responsibilities:

• Reporting to the Chief Executive Officer

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• Planning: Assist the CEO and Senior Management with the formulation of company's future direction.

• Accounting system/package implementation & project management

• Implementation of a new QuickBooks Accounting System

• Operations: Managing Accounting, Administration and HR Functions

• Financial Information: Oversee the issuance of financial information and reporting financial results to the board and senior management.

• Risk Management.

• Funding and Cash Flow Management.

• Implement company financial policy & organize financial management.

• Oversee long-term budgetary planning and costs management in alignment with the company’s strategic plan

• Aggregate, control and analyse company budget; both OPEX and CAPEX

• Job costing & cost control

• Find the right financing opportunities; analyse, propose and achieve financing plan as well as review and approve the local insurance and credit amount;

• Strategic Financial Planning for the company including working capital management

• Strictly implement tax regulations and avoid tax risk

• Preparation and submission of financial and other statements of the company;

• Implementation of International Financial Reporting Standards (IFRS)

• Promote finance IT system application

• Completion of all statutory requirements and other institutions by preparing reports and information required from the company.

• Making follow-ups with accounts receivable and collection of all outstanding amounts with the help from sales staff.

Achievements: Introduction and implementation of an effective accounting system. I also helped to set up processes and procedures throughout the company to improve control environment

Employer Goodall Industrial (Pty) Ltd, Cape Town

Position Held Accountant/HR Reporting to Managing Director Period Apr 2012 - Dec 2014

Duties and Responsibilities:

• Reporting to the Managing Director

• Managing Accounting, Administration and HR Functions

• Supervising the Bookkeeper and Clerks

• Preparation of Management Accounts and Budgets

• Monthly, Year End and Adjusting Journals and Audit Preparation

• Management of Fixed Asset Register and Inventory Management

• Debtors & Creditors Management and Bank Reconciliations 5

• Cash Flow and Risk Management

• Recording of Foreign Currency and Related Party/ Inter Company Transactions

• VAT, PAYE, UIF, SDL Tax Computations and Tax Returns

• EFT Payments, Efiling, EMP501, and EMP201

• Liaising with Attorneys, Fixed Assets Insurance & Claims Management Achievements: Managed to solve tax issues (Tax administration) and implement effective internal controls.

Employer Mazars Chartered Accountants, Botswana

Position Held Accounts Executive (Accounting & Outsourcing) Period Oct 2010- Feb 2012

Duties and Responsibilities:

• Consultancy work on clients using SAP, SAGE Evolution, Pastel, QuickBooks and other systems.

• Preparation of management accounts and tax financials for clients

• Income Tax, Vat, PAYE/ Withholding Tax Computations and Tax Returns

• Debtors, Creditors, and Bank Reconciliations

• Tax advisory to clients

• Registering companies for Income Tax, VAT and Other Withholding Tax

• Assisting the Payroll Administrator to run clients’ payrolls on VIP system

• Preparation of projected financials/projected cash flows for clients’ Loans, Overdraft applications and Investment/ Project Proposals

• Attending client’s meetings as the Company Secretary

• Maintenance of Statutory records and submission of Annual Returns

• Delegating and checking junior staff work (Accounting clerks) Achievements: The consultant responsible for opening a new office in Francistown and assisting clients with the implementation of SAP FICO, SAGE ERP Evolution, Pastel, and Quickbooks

Employer Rosebank College, Cape Town, RSA

Position Held Accounting, Finance & Bookkeeping Lecturer Period May 2008- Oct 2010

Duties and Responsibilities:

• Lecturing Accounting, Bookkeeping & Finance Courses

• Writing of teaching and learning articles and Moderation of Results

• Completing Feedback Reports and Preparing Revision Tests

• Student support and Student Workshops

Achievements: Managed to constantly achieve more than 90% students’ success rate. 6

Employer Zimbabwe Open University, Harare, Zimbabwe Position Held Accountant (Revenue)

Period Sept 2006-March 2008

Duties and Responsibilities:

• Supervision of junior accountants and accounts clerks

• Effective use of SAP FICO

• Preparation of monthly management accounts

• Maintenance of Cash Book, Ledgers and Fixed Asset Register

• Reconciliations: Creditors, Debtors and Bank

• Petty cash management and Cash flow management

• Budgeting and Budgetary Control

Achievements: Effectively trained junior staff on the use of SAP & Pastel System Employer STC Chartered Certified Accountants, Zim

Position Held Audit Clerk

Period Aug 2003-Aug 2006

Duties and Responsibilities:

• Preparation of Annual Financial Statements

• Preparation of audit programs

• Identifying Internal control weaknesses and making recommendations

• Substantive Testing-Audit exercises (Audit of Inventories, Bank and Cash, Sales, Purchases, Wages and Salaries)

• Analytical review of financial statements

• Maintenance and filing of audit working papers

• Assessing compliance with the Reporting Framework

• Preparation of financial statements

• Computations of Corporate Tax & VAT

Achievements: Successfully completed my articles.

Professional Qualifications

• MSc in Professional Accountancy – University of London (UK)

• Association of Certified Chartered Accountants (ACCA)- (Chartered Certified Accountant)

• Institute of Chartered Secretaries and Administrators (ICSA) – (Chartered Secretary) Academic Qualifications

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• BSc (Hons) in Applied Accounting - Oxford Brookes University (UK)

• B. Com Finance Degree – Zimbabwe Open University Other Qualifications (Engineering)

• Diploma & Apprenticeship in Aircraft Engineering (Armaments)- Ministry of Higher Education – Zimbabwe

Computer Experience

I am computer literate with a good understanding of Sage Evolution ERP, SAP, QuickBooks, Pastel, CaseWare, Pastel Payroll, VIP Payroll, Advanced, Excel, MS Word and Power Point etc. REFERENCES

Madhu Menon Farai Chitsike

Managing Partner Senior Consultant

Mazars Chartered Accountants Mazars Chartered Accountants Box 401805 Botswana

Gaborone, Botswana RSA Mobile: +44-758*-******

Tel: +267-***-**** Email: *****.********@************.**.** Email: *****.*****@************.**.** ********@*****.*** Shepherd Chimutanda

Managing Partner

STC International Chartered Certified Accountants (Nexia) 54 Seleous Ave, Harare, Zimbabwe

Mobile: +263-***-***-***

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

Hagai Reuveni James Fisher

Chief Executive Officer CEO Nautic Africa

Nortal Development Limited (Nortal Development Limited) Port Harcourt, Nigeria Mobile: +27-82-333-****

Mobile +972-**-***-**** Email: *****@************.*** Bryan Shurrie John Mabuto

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Managing Director Senior Accountant

Goddall Industrial (Pty) Ltd Polar Ice Cream Company (Pty) Ltd Maitland, Cape Town Epping 2, Cape Town

Tel: 021-***-**** Tel: 021-***-**** Mobile: +27-71-889-**** Email: *****@*******.**.**

Contact this candidate