Patise Nkwanda Ca(Sa)

PATISE NKWANDA CA(SA) Financial Controller E ¦- q LinfiedIn/Patise Nfiwanda @-9 3307 Heritage View, 121Carr Street, Newtown Johannesburg EXPERIENCE Financial Controller Puma Energy South Africa 12/2022 Sandton · Monthly reporting of reliable business margin through correct inventory valuation and proper rationalization of segmentation performance vs in country principles (price structure). ·Preparation of monthly customer and site profitability. ·Price updates and discount review: Review prices updates for new customers and discounts for reasonability/ accuracy/competitiveness before they are input in the system by price analyst. ·Prepare daily controls ·Prepare weekly volume flash and bi weekly flash report ·Ensure timely and accurate reporting of country financial results (Full PGL, Line of business and FX reviews) ·Preparing monthly reporting packs for the country performance reviews ·Review fixed cost by account and cost centers to ensure that they are reasonable and spending is within budget and that all exceptional items are properly explained ·Focus on providing quality information to the Business with proper explanation for all the elements of the PGL ·Propose new actions to the business in order to be more efficient ·Prepare 3 month rolling cash flow in conjunction with treasury ·Drive ad-hoc analysis as required by the business ·Review stock positions monthly· Prepare annual PGL budget and strategic plan according to group timelines ·Deliver quality budgets on time with alignment of numbers with key stakeholders stating clear assumptions and cross checking of anchor points Head of Finance Naledi Foundry Operations Pty Ltd 02/2022 - 11/2022 Benoni SUMMARY A highly accomplished and results-driven Financial Executive and Qualified Chartered Accountant (SA) with over 7 years post SAICA articles proven record of excellence in managing financial, operational and strategic matters with an outstanding ability to develop business while establishing and maintaining relationships. Adept in financial and management reporting, group consolidations, treasury, taxation, forecasting, costing, profitability and variance analysis, risk management, internal controls, and IFRS. An innovative thinker and multitasker able to handle several management projects with professionalism and accuracy within the allocated budget and time while monitoring business performance. I possess in depth knowledge in Oil and Gas Industry to maintain financial and managerial procedures as per industry standards. A visionary change agent who builds and leads highly motivated teams to drive to drive company's success domestic, international and emerging markets. Known for my commitment to achieving a high-level accuracy using ethical work standards, as well as strong organizational, analytical, communication and interpersonal skills TRAINING / COURSES Chartered Accountant (SA) Saica Key Responsibilities: Financial Management: Manage the financial functions and instruments of the business Manage risk in business environment Authorise expenditure against policy guidelines Prepare and manage the budget and manage expenditure against the budget Protect company assets (working capital G fixed assets) Customer Relations: Measure and monitor customer satisfaction within a business unit and recommend corrective action Develop and manage customer relationships to meet business objectives Liaise with a range of customers Supplier Relations Develop and manage strategic supplier relationships to meet business objectives Liaise with a range of supplier EXPERIENCE Financial Operations Manager Naledi Foundry Operations Pty Ltd 10/2018 - 01/2022 Benoni Planning, leading, organizing, and controlling the organization's financial, logistic and other resources to ensure that all activities are carried out efficiently, effectively and in line with the strategic objectives of the organization and sound business practices Senior Financial Accountant Naledi Foundry Operations Pty Ltd 01/2015 - 09/2018 Benoni SKILLS Account reconciliation Accounts PayableBaan Budgeting Business Strategy CaseWareErp Financial reportingGaap General LedgerHfmIfrsKpi Analyse financial reports as well as interpret the current and projected company financial position Co-ordinate the budget process and variance reporting by making use of predictive modelling Prepare reports and financial statements in line with accounting practices High-level overview of Achievement: Completion of 4 audits in space of 2 years with an improvement in the audit opinion each year i.e. 2015 (Adverse Opinion), 2016 (Qualified Opinion), 2017 (Unqualified Opinion) G 2018 (Unqualified Opinion) Very instrumental in preparing all required document to acquire KPI'sNavisionNegotiation sfiills OraclePeople Management QlifiViewSapSap erp Standard Operating Procedures Variance analysis much needed funding from Industrial Development Corporation (IDC) of more than R 100 000 in December 2016 Instrumental in the implementation of Supply Chain Management- Procurement Policy and Custom Returns and Credit note policy and also financial procedures which were none existent like from Ordering to goods to capturing of the Final Invoice of creditors Key Responsibilities: Achieve targets as per 5-55-5 strategy and the Company KPI's pertaining Financial Department based on the below: Monthly Management Accounts Managing of financial systems, procedures and staff Interim year and year-end results, reporting and audits Supplier contracts and service level agreements Management of Logistics and Purchasing Departments Management of ERP System for Finance Financial Consultant Deloitte Consulting 09/2015 - 09/2016 Pretoria Perform day to day management of all payment cycle activities and providing efficient services Keeping track, process and reconcile payments and expenditures including purchase orders, invoices, statements, refund requisitions etc., in compliance with financial policies and procedures Ensure correct approval sorting, coding and matching of invoices Liaise with internal and external clients Regularly tabulate data and compile necessary reports Continuously improve payment proces EXPERIENCE Financial Reporting Consultant Duma Chartered Accountant Inc 03/2015 - 08/2015 Randburg Managing projects such as drafting of AFS for public entities like Lephalale TVET College and South Africa Council for the Architectural Profession, Audit assignments, VAT reviews, Asset verification, and internal audits and Debtors recovery Providing advice and best practice knowledge to Finance teams regarding financial processes and controls Preparing relevant documents and financial data for annual audits. Establishing and maintaining appropriate financial process routines and internal controls to ensure the accuracy of the financial results and improved operational efficiency In-depth knowledge and application of IFRS, GRAP and GAAP upon preparation of Annual Financial Statements Acting Debtors and Fixed Asset Manager Training Trust 03/2014 - 02/2015 Witbank Responsible for preparing and reviewing journal entries and account reconciliation to ensure financial data accurately reflects the financial position of the company Assisting with preparing monthly, quarterly and annual board reporting package and management reporting package for several businesses to ensure accurate financial information is presented to the management Managing all aspects of debtor's control, including debtor information, credit control, invoicing, receipting, collections, general ledger entries and reporting Creating and monitoring a system of controls, procedures and forms for the recording of the fixed assets. Recommend to management any updates to accounting policies related to fixed assets. Track company expenditures for fixed assets in comparison to the capital budgets and management authorizations Assistant Audit Manager ARC Chartered Accountant 04/2013 - 11/2013 Randburg Audit Articles clerk Grant Thornton 01/2010 - 03/2013 Woodmead EDUCATION Honors: University South Africa 11/2011 - 11/2011 Pretoria Accounting (CTA) / University South Africa, Pretoria Bachelors of Commerce in Accounting University of Fort Hare 11/2008 - 11/2008 East London