Management Accountant
About Candidate
Education/Qualification
- Currently studying ACCA – Self Funded
- AAT Qualified
- 2016 VIP Tax Year End Training – Sage
- 2016 VIP August PAYE Submission
- 2011 Tax Administration – Pastel
- 2005 BCom Acctg – University of Johannesburg
Systems used
- Microsoft Word and Excel – Intermediate
- Exchequer
- Cognos
- SAP BI
- Sage
Career Summary
Current Employer – Manufacturer (UK t/o circa £10m / global t/o circa 100m US Dollars)
Position – Finance Manager UK & Germany – Contract
Dates – June 2024 – Present
- Reports to the Finance Director for the EMEA and supervises four staff (both accountants and transactional)
- Assisting with 2023-year end audit
- Responsible for the preparation of the UK budget – reviewing prospects / margins / price increases and all historic information
- Responsible for the preparation of the full set of monthly management accounts ensuring Trial Balance is up to date / converts to P&L via Excel / splits down by consumers / Business Units / Income statement / re-evaluations
- Involved with Costings exercise and investigation into poor margins
- Has implemented invoices and POD to link into the system
Previous Employer – Tour Operating Company – (t/o circa £5m – holiday packages)
Position – Management Accountant – Contract
Dates – March 2023 – May 2024
- Reported to the CFO and had three direct reports (debtors / creditors / payroll)
- The business owned vehicles and twenty-six hotels and organised holidays accordingly
- Responsible role within year end audit as point of contact for Auditors
- Responsible for a full range of accounting activities for the business
- Analysed and reported on budget variances as well as viable solutions
- Performed quarterly VAT calculations, reconciliations, and submissions on Abratax7
- Responsible for the Management Accounts process – Preparation of Management Accounts for Coaches, Travel and 24 Hotels as well as consolidated accounts
- Performed monthly balance sheet reconciliations including payroll journals, intercompany journals, depreciation, accruals, and prepayments
- Ensured Assets processed accurately and updating the Asset Register
- Authorisations of monthly and weekly payments, ensuring coding, VAT, period, and due dates were correct
- Monitored direct and indirect costs such as food and utilities to ensure no wastage, over expenditure or obsolete stock
- Trained for employees at hotels on how to utilise the tills and procedures and policies on day-to-day requirements and efficiencies
Previous Employer – Manufacturing
Position – Finance, HR, Procurement, Administration
Dates – September 2018 – March 2023
- Reported to the Managing Director and initially employed as Finance and HR Manager, procurement was taken on at a later stage due to the need for costings to be analysed as every item was bespoke
- Material was imported so had Forex gains and losses
- Responsible for all financial procedures including trade payables, trade receivables, balance sheet reconciliations, balance sheet journals and the preparation of accounts
- Responsible for yearly budgeting and quarterly updates on the budget
- Communicated financial results to Board monthly to enable the appraisal of the company’s actual performance against targets. Reporting and analysing any budget deviations and placing procedures in place to reduce deviations
- Provided necessary information to the external auditors for the preparation and approval of Annual Financial Statements
- Responsible for annual turnover more than R200 000 000.00 and expenses of approximately R100 000 000.00
- Reported in South African Rands, Great British Pound and Euros and recording all foreign exchange transactions – booking any forward contracts and monitoring foreign exchange rates in accounting system
- Full processing of payroll including PAYE and pension for Director approval
- Performed VAT calculations, reconciliations, and submission
- Recreated the procurement procedure to reduce obsolete and slow-moving stock
- BOMS and routings needed updating for costs and margins to be accurate
- WIP monitored to ensure being accounted for accurately and procedures implemented for any deviations
- Discrepancies with stock and stock usage analysed and procedures created to reduce the discrepancies and be more profitable
Previous Employer – Plastic Fabrication Company
Position – Finance, HR, Administration
Dates – August 2014 – August 2018
Played an integral part in the start-up of Serioplast – had to take care everything needed to be setup as a new business (policies / HR / Procurement). Today they are a successful company, showing strong profits
- Responsible for all financial procedures including trade payables, trade receivables, balance sheet reconciliations, balance sheet journals and the preparation of accounts
- Responsible for yearly budgeting and quarterly updates on the budget
- Communicated financial results to Board monthly to enable the appraisal of the company’s actual performance against targets
- Reporting and analysing any budget deviations and placing procedures in place to reduce deviations
- Provided necessary information to the external auditors for the preparation and approval of Annual Financial Statement
- Reported in South African Rands and Euros and recording all foreign exchange transactions. Booking any forward contracts and monitoring foreign exchange rates in accounting system
- Full processing of payroll including PAYE and pension for Director approval
- Performed VAT calculations, reconciliations, and submission
- Ensured building was ready and fit for purpose, required equipment and machinery was received and installed, employment of all employees, creating the procedures and policies and training of all employees for initial start up
- Ensured foreign exchange rates were updated daily
- Discrepancies with stock and stock usage analysed and procedures created to reduce the discrepancies and be more profitable
Previous Employer – Estate Agents
Position – Payroll Consultant
Dates – October 2013 – July 2014
- Full Payroll Processing
- Responsible for statutory reconciliations, calculations, and submissions such as DOL, EMP201, EMP 501
Previous Employer – Dealership
Position – Finance Manager
Dates – June 2012 – August 2013
- Responsible for all financial procedures including trade payables, trade receivables, balance sheet reconciliations, balance sheet journals and the preparation of accounts
- Communicated financial results to Directors monthly to enable the appraisal of the company’s actual performance against targets. Reporting and analysing any budget deviations and placing procedures in place to reduce deviations
- Provided necessary information to the external auditors for the preparation and approval of Annual Financial Statements
- Performed VAT and Tax calculations, reconciliations, and submission
- Ensured B-BBEE, Skills Development and Employment Equity are complied with, and necessary submission completed and submitted o Employee Management and Leadership through various departments
Previous Employer – Parking Company
Position – Finance Manager
Dates – May 2011 – May 2012
- Responsible for all financial procedures including trade payables, trade receivables, balance sheet reconciliations, balance sheet journals and the preparation of accounts
- Communicated financial results to Directors monthly to enable the appraisal of the company’s actual performance against targets
- Reporting and analysing any budget deviations and placing procedures in place to reduce deviations
- Provided necessary information to the external auditors for the preparation and approval of Annual Financial Statements
- Performed VAT and Tax calculations, reconciliations, and submission
- As this was a very cash intensive business had to implement numerous daily and monthly procedures and reports to reduce risk and increase ability to report to stake holders as well as the accuracy of the data
- Employee Management and Leadership through various departments
Previous Employer – Steel Fabricator
Position – Bookkeeper
Dates – October 2008 – April 2011
Previous Employer -Medical Care
Position – Auditor
Dates – 2008
