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Taurai Ruguva

Pretoria Gauteng, South Africa

Phone: xxx-xxx-xxxx

Email: xxx@xxxx.xxx



  • Looking For: financial analyst, accountants and auditors

  • Occupation: Business and Finance

  • Degree: Master's Degree

  • Career Level: Qualified

  • Languages: English

Career Information:

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Highlights:

Skills:CGMA, CIMA


Experiences:

Financial Controller 02/2023 - current
Africa HDPE Pty Ltd, Pretoria, Gauteng South Africa
Industry: HDPE Manufucturing
Financial Controller: Prepared financial statements, ensured GAAP compliance, and reduced overhead costs by 15% through cost analysis. Managed budgeting, implemented internal controls (30% reduction in audit adjustments), led a team of accountants, and assisted in Acumatica ERP implementation. Oversaw accounts payable and receivable for timely processing and accuracy."
Summary: The Financial Controller is responsible for overseeing the financial operations of Africa HDPE Pty Ltd, ensuring compliance with International Financial Reporting Standards (IFRS), and providing strategic financial guidance to support the company's objectives. This role entails managing the financial reporting process, budgeting, performance analysis, and leading initiatives to enhance financial efficiency and effectiveness. Key Responsibilities: Financial Reporting: Prepare and present financial statements in accordance with International Financial Reporting Standards (IFRS), ensuring accuracy and compliance. Budgeting and Forecasting: Lead group budgeting and forecasting processes, analyze financial results, and report deviations to provide actionable insights for decision-making. Performance Management: Implement performance measurement frameworks, including Key Performance Indicators (KPIs) and balanced scorecards, to drive operational efficiency and business performance. Cash Flow and Working Capital Management: Monitor cash flow and manage working capital effectively to support operational needs and strategic initiatives. Product Costing and Pricing: Oversee product costing processes, conduct pricing strategies, and perform margin benchmarking analysis to ensure competitive positioning. Market Analysis: Conduct competitive analyses to identify potential business opportunities or risks, contributing to strategic planning and decision-making. Cost Efficiency Strategies: Develop and lead strategic initiatives aimed at improving cost efficiencies across the organization, ensuring optimal resource allocation. Team Development: Coach, train, and mentor finance team members, fostering a culture of continuous improvement and professional growth. Financial Partnership: Collaborate with management teams to gather, analyze, and prepare recommendations regarding financial plans, operational forecasts, and other critical analytical projects.--
Divisional Finance Manager 03/2022 - 01/2023
Conlog Metering Solutions Nigeria Ltd, Lagos, Lagos Nigeria
Industry: Electrical Meter Manufucting
Divisional Finance Manager: Led financial planning, developed budgets and forecasts, and analyzed variances to drive corrective actions. Implemented cost-saving initiatives (15% reduction) and prepared financial reports with strategic insights. Supported new product development, implemented financial models, and managed internal audits, resulting in 15% increased profit margins."
• Lead financial planning and analysis for the division, developing annual budgets and forecasts that closely align with corporate objectives. • Conduct thorough variance analysis to monitor performance against planned budgets, implementing corrective actions to address discrepancies. • Oversee cost management initiatives that resulted in a 15% reduction in operational costs through improved efficiency and waste reduction. • Prepare accurate and timely financial reports for executive management, providing insights into financial performance and strategic recommendations. • Collaborate with cross-functional teams to support new product development, ensuring financial viability and alignment with market demand. • Developed and implemented financial models to support pricing strategies and assess the profitability of new product lines. • Coordinated the preparation of monthly and quarterly financial reports, presenting findings to senior management to support decision-making. • Managed internal audits and worked closely with external auditors to ensure compliance with regulatory standards and internal policies. • Analysed operational costs and identified opportunities for cost savings, leading to a 15% increase in profit margins.--
Financial Manager 01/2014 - 02/2022
Sinvac Mining Engineering Pty Ltd, Pretoria, Gauteng South Africa
Industry: Project implementation
Financial Manager with expertise in financial planning, analysis, and cost control. Achieved 15% overhead reduction through detailed cost analysis and variance reporting. Implemented internal controls, prepared financial reports, and managed tax compliance to optimize liabilities and enhance operational efficiencies."
Financial Manager Pretoria, South Africa • Lead the financial planning and analysis function, preparing comprehensive annual budgets and quarterly forecasts that align with business objectives. • Conduct detailed cost analysis and variance reporting to identify trends and areas for improvement, resulting in a 15% reduction in manufacturing overhead costs. • Collaborate with cross-functional teams to implement and optimize effective internal controls, improving compliance and accuracy in reporting. • Prepare and present monthly financial reports to senior management and the board, providing actionable insights and strategic recommendations. • Manage tax compliance and strategy, ensuring adherence to federal and state regulations while optimizing tax liabilities--
Cost and Management Accountant 06/2006 - 12/2014
Ariston Manufacturing Pty Ltd, Johannsburg, Gauteng South Africa
Industry: Agriculture
Cost & Management Accountant (2006-2014) in Pretoria, developed product cost models to boost profitability, improved inventory accuracy by 30%, and assisted with tax filings, audits, and budget development. Analyzed variances, maintained cost accounts, and supported internal audits, ensuring accurate financial reporting."
• Developed and maintained product cost models to establish pricing strategies that enhanced profitability across multiple product lines. • Worked closely with production management to analyze operational costs, identify inefficiencies, and recommend actionable improvements. • Conducted physical inventory counts and reconciled discrepancies, ensuring accuracy in financial reporting. • Assisted in the preparation of annual tax filings and coordinated with external auditors to facilitate the annual audit process. • Conducted yearly physical inventory counts and reconciled discrepancies in financial records, improving inventory accuracy by 30%. • Assisted in the development of annual budgets in collaboration with departmental heads, ensuring alignment with business objectives. • Analyzed manufacturing variances and prepared detailed reports for management, facilitating timely corrective actions. • Maintained and analyzed cost accounts, preparing reports on cost trends to support strategic planning and decision-making. • Assisted in the preparation of monthly financial statements and financial reports for management review. • Supported internal audits by providing documentation and explanations for cost accounting processes.--

Education:

CIMA 01/2010 - 05/2013
UK, London, United Kingdom
Degree: Professional Degree
Major:CIMA
CIMA Qualified Member: Globally recognized designation for management accountants. Demonstrates expertise in financial management, cost accounting, and business strategy. Skills include financial analysis, budgeting, forecasting, and decision-making. Proficient in driving business growth, improving performance, and managing risk. Committed to ongoing professional development and ethical standards."


AICPA 01/2010 - 05/2013
London , London, United Kingdom
Degree: Professional Degree
Major:Accounting
CGMA Qualified Member: Advanced designation for management accountants. Demonstrates expertise in financial management, strategy, and leadership. Skills include financial planning, risk management, and performance management. Proficient in driving business growth, improving profitability, and making strategic decisions. Committed to ethical standards and ongoing professional development. Globally recognized certification by AICPA and CIMA."
Great Zimbabwe University 01/2013 - 06/2014
Masvingo, Masvingo, Zimbabwe
Degree: Master's Degree
Major:Finance
Master in Commerce Finance at Great Zimbabwe University: Advanced knowledge & skills in financial management, investment analysis & application. Focus on practical application, critical thinking & analytical skills. Covers financial management, investment, markets, quantitative methods, risk management & more. Includes research project or thesis. Prepares graduates for leadership roles in finance, corporate finance & consulting."
Great Zimbabwe University 1/2019 - 12/2019
Masvingo, Masvingo, Zimbabwe
Degree: Bachelor's Degree
Major:Accounting
"Bachelor of Commerce Special Honours in Accounting at Great Zimbabwe University: In-depth understanding of accounting principles & practices. Emphasizes theoretical knowledge & practical skills. Prepares students for professional accounting qualifications & roles in accounting & finance. Covers advanced accounting techniques, ethical practices, and real-world applications. Includes practical training & internships for hands-on experience."

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