Highlights:Assistant Accountant Cost Accountant Financial Accountant Accountant

Skills:Financial Reporting, Budgetary Preparation and Control

Goal:Become a Financial Executive

Membership:Chartered Institute of Business Accountants Chartered Institute of Management Accountants

Certification:Business Accountant in Practice

Cost Accountant 05/2023 - 06/2023
HG Molenaar Pty Ltd, Paarl , Western Cape South Africa
Industry: Engineering
Leading Costing and Inventory Department
Managed & prepared project files by liaising with the project department & conducting detailed analysis of manufacturing processes to identify cost drivers & areas of improvement. I would  support business decisions by analyzing data and providing management with insightful costing information useful for revenue and growth projections. By managing expenditures & looking for cost-efficient solutions to inefficiency problems, it led to improved project cost allocation methods which resulted in more accurate product costing & improved decision-making. March 2023 - April 2023 Invoicing of projects & maintaining project invoicing milestones as per sales order payment terms & preparing job closures & costing summary ensuring all supporting documentation is documented. Attend weekly production meetings to monitor the progress of projects & collaborating with cross functional teams to develop & Implement cost control measures, resulting in a 10% reduction in operational expenses. Liaise with Work in Progress stores for unissued inventory requirements & track production requirements not received from the procurement team. Review & and update the Bill of Material vs. transactions on job costing reports on ERP systems Managed the cost accounting function, Overseeing a team of 5 analysts & 3 warehouse clerks.. Costing of manufactured parts used in Production or on - Lease lines. (Stock Jobs) Conducted comprehensive cost analysis on new projects & proposed initiatives to ensure profitability targets are met.--
General Accounting Senior Analyst 01/06/2023 - current
Accenture Services, Ebene, Moka District, Plaines Wilhelms Mauritius
Industry: Consultation
Project General Accounting Senior Analyst
Managed core business processes & accounting data integration, including data entry, data capture & data verification according to standard delivery solutions. I also served as a technical/functional resource & super user to the junior accounting analyst team regarding data analysis techniques & methods,by assessing & resolving problems following defined international accounting reporting standards. Determined operational objectives by studying business functions evaluating output requirements & formats.. Aggregated and analyzed internal and external strategies to assess performance drivers & identify insights. . Apply the principles of GAAP to intricate accounting operations in guaranteeing regular application and adherence to organizational targets. Managing mostly Payment and Treasury scope with AP/AR reconciliation skills & streamlining the process which let to 20% reduction in processing time. Evaluate, certify, & coordinate ledger entries in adherence to rules while guaranteeing that close activities are accomplished promptly and accurately. Perform & review Fixed assets activities: Additions, transfers, disposals & reconciliations which led to an efficient asset tracking process. Prepare & review journal entries that are to be posted in the P&L and balance sheet accounts to record the accounting transactions in the general ledge--
Cost Accountant 03/2023 - current
Twizza Pty Ltd, Bellville , Western Cape South Africa
Industry: Food Manufacturing
Leading Production costing department and managing costs and inventory related to Production
Responsible for overseeing the management of inventory & costing of production inventories. Maintaining the Bill of Materials & ensuring stock levels are well maintained to meet production capacity. Updating production plans, reporting on production variances & validating production levels. Reconciling inventory levels, month end reporting, journal preparation, & postings. October 2022 - February 2023 Conducting  detailed  analysis of manufacturing processes, identifying inefficiencies & recommending process improvements that led to 20% increase in production efficiency. Implemented cost saving  initiatives in 19% reduction in manufacturing costs, saving the company R28000 annually. Analyzed & optimized inventory management process, reducing carrying costs by 10%. Prepared monthly variance analysis reports, providing actionable insights to Management  & facilitating informed decision-making. Collaborated with Procurement team to negotiate favorable  contracts with suppliers, resulting in a 5% reduction in raw materials costs.--
Cost Accountant 03/2023 - current
Twizza Pty Ltd, Bellville , Western Cape South Africa
Industry: Food Manufacturing
Leading Production costing department and managing costs and inventory related to Production
Responsible for overseeing the management of inventory & costing of production inventories. Maintaining the Bill of Materials & ensuring stock levels are well maintained to meet production capacity. Updating production plans, reporting on production variances & validating production levels. Reconciling inventory levels, month end reporting, journal preparation, & postings. October 2022 - February 2023 Conducting  detailed  analysis of manufacturing processes, identifying inefficiencies & recommending process improvements that led to 20% increase in production efficiency. Implemented cost saving  initiatives in 19% reduction in manufacturing costs, saving the company R28000 annually. Analyzed & optimized inventory management process, reducing carrying costs by 10%. Prepared monthly variance analysis reports, providing actionable insights to Management  & facilitating informed decision-making. Collaborated with Procurement team to negotiate favorable  contracts with suppliers, resulting in a 5% reduction in raw materials costs.--
Accountant 11/2022 - 02/2023
Masala Amahle Projects, Paarl , Western Cape South Africa
Industry: Community Services
Leading and advising on Funds management and financial reporting
Managed month-end closure processes, including journal entries. account reconciliations, & financial statements preparations. Coordinated with external auditors to ensure compliance with regulatory requirements. Implemented new accounting software, resulting in a 30% reduction in processing time & improved data accuracy. Developed & implemented a financial management system that improved transparency & accountability in budget allocation & expenditure tracking. October 2021 November 2022 Collaborated with cross-functional teams to streamline processes & improve efficiency by conducted regular performance evaluations, coaching & training team members to enhance skills  & productivity. Managed accounts payables & receivables functions, ensuring accurate & timely processing of transactions. Led the preparation of monthky & annual budgets & forecasts, providing strategic insights & recommendations to Management for decision-making. Conducting financial analysis to assess the financial health of projects & identify areas of improvements. Developed & maintainied budget tracking tools, enabling better monitoring & control of expenses  across projects. Prepared grant financial reports in compliance with donor requirements ensuring  accurate & timely  submissions. Verification of resources in all project areas to ensure optimally use--
Assistant Accountant 10/2021 - 10/2022
Wild Peacock Products Pty Ltd, Stellenbosch , Western Cape South Africa
Industry: Food Distribution
Leading Creditors and Debtors Management team and Inventory Management
Oversaw the company's general accounting operations by strategically controlling creditors and debtors and verifying f inancial transactions. Managd the month end balance reconciliations including but not limited to recording transactions, creating reports, tracking income From and checking expenses figures for accuracy and legitimacy. May 2017 - August 2021 Reviewed accounts  payables & invoices to confirm validity and conduct budget updates as necessary. Reduced month-end closing process from the 10th to the 5th by automating data entries, which generated error-free f inancial reports on capital project expenditures Maintaining good relationships with supplier & customers by ensuring invoices & statements are provided & processed timeously & attending to all suppliers/customers queries & ensuring payments are made/received on time. Prepare, examine and analyze accounting records, financial statements, & other financial reports to assess accuracy, completeness, & conformance to reporting & procedural standards resolving accounting discrepancies & irregularities. Reviewing & Analysing credit Applications in-line with the National Credit Act & Consumer Protection Act. Partnered with  auditors to prepare yearly audits & ensure compliance with government tax guidelines.--
Assistant Accountant 05/2017 - 08/2021
Rheinmetall Laingsdale Pty Ltd, Maitland , Western Cape South Africa
Industry: Engineering
Assets Custodian and Debtors and Creditors Function and Management
Assisted the finance department with accounting and bookkeeping duties including accounts receivable, accounts payable, collections, payroll, GL accounts, and customer service. Served as the point of contact between the CFS Department and other departments within the company. Full Asset Accountant duties from processing of Asset tracking documents, updating, and maintaining the fixed Asset Register, Prepare Fixed Assets Voucher Packages to create, capitalize new asset additions, asset disposals and check depreciation calculation for all fixed assets for assigned organization. Processing of accrual journals, Payroll journals and General Ledger Recons and Reviewing Creditors Reconciliations prior to payment.  Responsible for the costing of strategic projects and detailed tracking of actual expenditure to approved budget, including variance analysis for reporting to management.  Assist and guide cost centre managers with financial information, proper variance declarations and the interpretation of expenses & highlight areas of concern in OPEX or variances and recommend corrective action where possible. Identifying of risks and mitigations that may affect profitability through Financial forecasting and risk analysis by developing a cross-check functionality in excel to pick up on any human errors relating to manual data entry, resulting in marginal error rates decreasing from 25% to only 5%”. Processing of creditors and debtors’ invoices and matching payments to invoices on statements and doing monthly creditor’s recons which--
Financial Administrator 02/2016 - 06/2016
Wagon of Hope Foundation, Paarl , Western Cape South Africa
Industry: Community Services
Project Financial administration and project reporting
Responsible for managing and maintaining financial operations, recordkeeping, and providing support to the finance team and responsible for maintaining accurate records of financial transactions, updating databases, and performing other administrative tasks when required Develop and maintain positive working relationships with other departments, stakeholders, and external partners. Develop and maintain positive working relationships with other departments, stakeholders, and external partners and provide orientation & training to staff on Cost effective management Prepare and file various tax forms and financial reports to regulatory authorities and ensuring compliance with donor requirements on financial issues for grants. Conducting stakeholder engagement & communicating complex financial information to non-finance managers and suggest solutions to financial issues. Development of Project Financial Performance Measures by monitoring financial reports, analyzing trends, and providing meaningful financial information for decision-making. Report of Projects Risk Analysis & Recommend Risk Management Strategies & respond to financial inquiries and provide financial expertise when required. Verification of resources in all project areas to ensure optimally use--
Costing and Inventory Clerk 08/2016 - 05/2017
International Trimmings and Labels, Maitland , Western Cape South Africa
Industry: Textile Manufacturing
Product Costing and Project Costing and Inventory Management
Compiled records of standard costs and values for items by ensuring correct allocation to production schedule of cost codes by monitoring the materials, labor, and other cost attributed to projects and comparing them to initial budgets and estimates. Responsible for the preparation of reports of total costs, operating budgets, inventory adjustments and selling prices and profits. February 2016 - June 2016 Examines records, such as time and production sheets, payrolls, operations charts, and schedules, to obtain data for calculations. Prepares reports showing total cost, selling prices, or rates profits thus providing management with reports specifying and comparing factors affecting prices and profitability of products or services. Monitoring of all work order deviations as well as closing and re-scheduling of works orders & to review and evaluation of Plant production plans (including hours) as well as evaluation of purchase prices to determine standards tariffs for products (material, labour and overheads) Evaluate Bill of Material & Routing Changes to ensure accurate product costing by Identifying risks which relates to Inventory and products which could have financial implications for the company. Compiling production or sales cost reports on unit or total basis for department or working unit thus calculating individual items, such as labour, material, and time costs, relationship of sales or revenues to cost, and overhead expenditures. Intercompany Transaction & Foreign Imports Exchange Processing Preparation of Internal & External Audit Packs and reconciled accounts, managed audits and updated financial records with remarkable accuracy. Improved business direction by prioritizing customers and implementing changes based on collected feedback.--

Cape Peninsula University of Technology 01/2012 - 12/2015
Cape Town, Western Cape, South Africa
Degree: Bachelor's Degree
Major:Management Accounting
Minor:Financial Accounting
Bachelor's of Technology Degree in Cost and Management Accounting

Login to view resume: Resume for Ferocious Mhembere - Resume