Seasoned Project Accountant with 20+ Years Finance Experience
Resume:
TEDDY MUZONDO
**** ******* *****, ********-******, Zimbabwe +263-**-***-****/ +263-***-***-*** *******@*****.***
SUMMARY
Proficient and self-directed finance, accounting and business leadership professional with over 20years experience, capable of excelling in any environment. Skilled in preparing and analyzing business reports, financial statements, financial analysis, corporate reporting, management accounting, financial management, corporate secretarial services and good understanding of corporate governance principles.
SKILLS & KEY STRENGTHS
• Team player, adaptability, and ability to change • Ability to perform in high pressure environment
• Documentation and attention to detail – business development, financial planning and control
• Strategy formulation and Program
implementation
• Policies and procedures development • In-depth finance, accounting and business knowledge (IFRS & GAAP)
• Reporting and analysis – Financial and
Management accounting
• Internal controls, compliance and risk
management
• Excellent verbal and written communication
skills
• MS Office proficient: - Excel, Word,
PowerPoint, Accounting software
• Good understanding of corporate governance
principles
• Multitask and workload management
skills, Enterprise Resource Planning,
Integrated Results Based Management
(IRBM)
• Analytical and problem-solving ability • Solid quantitative skills, investment appraisal, product costing and pricing
PROFESSIONAL AND TECHNICAL EDUCATION
UNIVERSITY OF SOUTH AFRICA (UNISA)
• Master of Business Leadership Degree (MBL)
UNIVERSITY OF ZIMBABWE
• Bachelor of Accountancy Honours Degree
MUTARE POLYTECHNIC
• Higher National Diploma in Business Studies (Accounting) CERTIFICATIONS
PROFESSIONAL BOARD: ACCA {Association of Chartered Certified Accountants}
• Advanced Diploma in Accounting and Business
• Professional Ethics Certificate
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WORK RELATED EXPERIENCE
Position: Accounting Consultant
Period: Current – Part time
Organization: Quill Associates (Pvt) Ltd (South Africa) Supervisor's Name: Michael Jasi
Supervisor's Phone: +263-*********
Duties and responsibilities
• Implementation of the BIQ ERP system for client organizations
• Project management
• Mapping of the charts of accounts in the ERP system
• Review and recommend on accounting and financial management systems of client organizations.
• Developing internal Financial and Operational Policies and Procedures
• Evaluating Business Performance
• Training personnel on accounting processes and procedures
• Performance Appraisal
Accomplishments
• Mapping of the chart of accounts for Harare City Council in compliance with the requirements of Ministry of Finance and Economic Development and aligned with International Public Sector Accounting Standards (IPSAS).
• Reviewed accounting processes for Harare City Council and much progress has been made to integrate all the accounting, financial management and operational systems with the ERP system.
Major competencies and skills acquired.
• Liaison at senior management level and has emotional maturity, focused and disciplined.
• Presentable, professional, and confident of self.
• Diplomatic and tactful while remaining assertive.
• Target/results driven with a sense of urgency to get things done.
• Career driven with strong focus on personal development. Position: Finance Manager
Period: November 2011 to July 2023
Organization: Zimbabwe National Water Authority
Supervisor's Name: Ellen Chivaviro
Supervisor's Phone: +263-*********
Duties and responsibilities
• Contribution to the organization’s Strategic direction and policy formulation
• Financial planning and control
• Developing internal Financial and Operational Policies and Procedures
• Evaluating Business Performance and ensure that agreed targets are achieved.
• Business development, business planning and investment appraisal
• Tabling of financial reports to the Finance Committee of the Board Page 3 of 5
• Preparation of Integrated Annual Report
• Establishing Budgeting and Budgetary Control Systems and Mechanisms
• Establishing Revenue collection strategies and ensuring that agreed revenue collection targets are achieved.
• Cash flow, Treasury and Working capital management.
• Negotiates with financial institutions on rates of return-on-investment amount to maximize return on investment amount.
• Evaluation of costing and pricing systems and advising on optimal use of funds.
• Review of financial statements for compliance with International Financial Reporting Standards.
• Reviewing financial statements and performance evaluations including ratio and trend analysis.
• Extensive use of computerized accounting systems.
• Assessing adequacy and appropriateness of controls – physical and logical.
• Working knowledge of BIQ Enterprise Resource Planning (ERP) System, Excel, MS Word, Power Point
• Liaison with External Auditors
• Responding to audit queries
• Negotiation with Tax authorities on taxation issues
• Offering Company Secretarial Services to the Board of Directors
• Involved in the induction of board members.
• Recruitment and selection of Departmental personnel
• Training and Supervising staff.
• Performance Appraisal
Accomplishments
• An Award Winner of the 2021 Leading Financial Personality of Integrity - Zimbabwe CEO’s Network
• Developed the Financial and Internal Control Policies and Procedures manual which has resulted in the effective implementation of the organization’s internal control environment.
• Stayed within budget for operational costs by implementing cost cutting measures across all departments for the financial years 2021 and 2022.
• Led successful annual audits with zero major findings for ten consecutive years, ensuring compliance with regulatory requirements and maintaining the company’s financial integrity.
• Led a technical team which designed a tariffs indexation formula model that was adopted by the organization in coming up with its tariffs.
• Appointed as the Project Accountant/Finance Specialist for the World Bank Administered Project – ZIMREF, ensured successful compliance with the World Bank reporting requirements and proper acquittal of funds.
• Improved expense automated entry form for greater user understanding, leading to 50% faster completion by department heads
• Built and maintained strong relationships with statutory creditors like Zimbabwe Revenue Authority and National Social Security Authority, Pension Fund and negotiated payment plans.
Major competencies and skills acquired.
• Extensive knowledge of International Financial Reporting Standards (IFRS) Page 4 of 5
• Excellent organizational and presentation skills
• Ability to plan, organize and control own work.
• Good verbal and written communication skills with good report writing ability and skills.
• Can manage deadlines and is stimulated by working in a pressurized environment.
• Good understanding of Corporate Governance principles and good people management
• Liaison at senior management / director level and has emotional maturity, focused and disciplined.
• Presentable, professional, and confident of self.
• Diplomatic and tactful while remaining assertive.
• Target/results driven with a sense of urgency to get things done.
• Desire to improve the status quo in line with current trends.
• Career driven with strong focus on personal development.
• A team player with good leadership and supervisory qualities. Ability to train, coach, develop and mentor others.
Position: Group/Head Office Accountant
Period: July 2007 to October 2011
Organization: Zimbabwe National Water Authority
Supervisor's Name: Honest Murindagomo
Supervisor's Phone: +263-*********
Duties and responsibilities
• Preparation of Financial Statements and consolidations, in accordance with the applicable reporting frameworks and reporting thereon.
• Group master budgets and cash flow forecasts consolidations.
• Preparation of audit schedules and files
• Computing, completion, and submission of statutory returns
• Product Costing and the preparation of Monthly cost summaries and Variance Analysis.
• Maintenance and administration of the general ledger and control accounts reconciliations.
• Tax computations, preparation of Value Added Tax returns in compliance with the Income Tax Act.
• Maintenance of the Group fixed asset register
• Training and Supervising staff.
• Performance Appraisal
Accomplishments
• Developed new and complex spreadsheets to help produce the monthly management accounts much quicker, reducing the production time from five days to two. Major competencies and skills acquired.
• Excellent analytical skills, with a strong sense of attention to detail.
• Persistent, and persuasive. Well-developed investigative, evaluative, and problem-solving ability.
• Possesses alertness and quick response to problems. Has the ability to take responsibility and accountability and make decisions.
• Strong interpersonal and client liaison skills.
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Position: Accountant
Period: January 2001 to June 2007
Organization: Zimbabwe National Water Authority
Supervisor's Name: Honest Murindagomo
Supervisor's Phone: +263-*********
Duties and responsibilities
• Preparation of Financial Statements in accordance with the applicable reporting frameworks and reporting thereon (IFRS).
• Preparation of monthly management accounts
• Posting financial information from source documents to ledger accounts.
• Preparation and control of journal entries
• Validation of receipts and payments
• Processing invoices, raising provision accounts for creditors & debtors.
• Preparation of creditors, Debtors and Bank reconciliations.
• Revenue collection and ensure that agreed revenue collection targets are achieved.
• Maintenance of the fixed asset register, administration of the general ledger and control accounts reconciliations.
• Management of procurement and stores function.
• Training and Supervising staff.
• Performance Appraisal
Accomplishments
• Managed a team of accounts staff and interns to ensure all deadlines were met on time.
• Led successful annual audits with zero major findings for six consecutive years, ensuring compliance with regulatory requirements and maintaining the company’s financial integrity. Major competencies and skills acquired
• Extensive hands-on experience with BIQ ERP System
• Through knowledge of computerized and manual accounting systems
• Highly computer literate
• Hard working and self-motivated
• Willingness to go the extra mile.
• Good time management and can prioritize work.
Contact this candidate