Avanisa Naidoo

• Set daily, weekly, and monthly sales targets for accurate performance tracking.
• Uploaded daily sales targets onto reporting system for transparency.
• Updated sales reports regularly, collaborating with relevant stakeholders.
• Compiled, verified, and issued operational information for decision-making.
• Update the monthly store P&L for stakeholders for financial oversight.
• Assisted in compiling and distributing one-liners report for concise updates.
• Maintained store structure on relevant systems for accurate data management.
• Monitored policy adherence to ensure compliance across operations.
• Automation of current processes and working papers.
• Stores' business model proposal and forecast.
• Prepared reports as requested by management, including budgets and financial statements.
• Conducted in-depth financial analyses to identify cost-saving opportunities, contributing to improved profitability.

• Company Overview: (Retail)
• Reporting lines - Financial Manager, Financial Lead and Director
• Back up to the Financial Manager
• Prepare accurate and timely financial statements (Balance sheet, income statement and cashflow statements).
• Review month-end and year-end closing processes to ensure completeness and accuracy.
• Prepare and submit periodic reports to management, auditors, Shareholders and Franchisor.
• Conduct detailed analysis and financial data to identify trends, variances and discrepancies.
• Perform account reconciliations for balance sheet accounts and profit and loss.
• Ensure that internal controls are followed during the financial reporting process.
• Prepare budgeting and forecasting processes by providing historical financial data and performance analysis.
• Prepare variance analysis reports, comparing actual performance against budgeted figures.
• Collaborate with other departments to gather necessary data for accurate financial planning and forecasting.
• Work with financial software and reporting tools to gather and organize financial data.
• Ensure that financial reporting systems and processes are running efficiently.
• Coordinate with IT and finance teams to troubleshoot and resolve any issues related to financial reporting systems.
• Coordinate physical stock takes and counts, ensuring that they are performed accurately and in line with company policies.
• Support the annual and bi-annual full stock take process, ensuring stock accuracy during business operations.
• Perform monthly stock reconciliations between physical inventory and recorded stock in the accounting system.
• Investigate discrepancies between physical counts and system data.
• Performing root cause analysis for stock discrepancies and implementing corrective actions.
• Prepare stock entries and ensure they are accurately recorded and documented.
• Assist in monthly, quarterly and annual reporting, ensuring inventory is accurately reflected in the financial statements.
• Responsible for preparing comprehensive board packs for executive management annual and bi-annual meetings. Ensuring that all the relevant financial and operational data is presented in a clear and structured format.
• Collaborate with key departments to collect, consolidate and analyze data for inclusion in the board reports.
• Assist in preparation of presentations for AGM, annual and bi-annual meetings.
• Preparing weekly/monthly financial results from BI/POS system.
• Preparing weekly/monthly Franchisor related financial reports.
• Maintain and review the company's insurance portfolio.
• Assisting in the development and maintenance of new and existing projects.
• Completing any Ad-hoc duties

Work with CFO and other business stakeholders to establish / define standard operations procedures related to the operational workflow of Cryptocurrency

- Manage all accounting operations including Revenue Recognition, Cost Accounting, A/R, A/P and GL

- Account reconciliations associated with both fiat currencies and cryptocurrencies, ensuring books and records are in line, all exceptions documented, reported and escalated in accordance with firm policy

- Process various types of deposit and disbursement requests, as well as expense, fee, and other related client transactions

- Work with the engineering, community and operations teams to identify operational areas of improvement and create and monitor new processes to keep teams as efficient as possible

- Perform bank and payment provider reconciliations and investigate any issues that are identified

- Prepare and publish timely monthly financial reporting

- Coordinate the preparation of regulatory reporting

- Ensure quality control over financial transactions and financial reporting

- Manage and comply with local and group reporting requirements and tax filings

- Drive and document business processes and accounting policies to maintain and strengthen internal controls

• Company Overview: (Telecommunication and Retail Industries)
• Project Lead for Supply Chain Processes - I Formulated and designed the supply chain process for the business
• This involved leading the Project team; Formulated budgets, cash flows and KPI's for the team
• Payroll System Enhancements - Enhanced and Re-formulated the payroll system for each Telkom store owned by Bravosat
• Strategic Marketing - I Initiated and managed the marketing team
• Ensured that advertising was targeted to the right market, ensuring that this coincided with the revenue that was brought in
• Human Resource Management - Managed all the Department of Labour audits, personally maintained a clean record throughout the business and the stores
• Ensured subpoenas were dismissed with proper information
• (Personally, I went to the Department for these matters.)
• - Solid financial background, reporting on excel, sorting through large Data sets, reconciliations, and processing on Evolution
• - Monitor, review, and post monthly accruals for expenditure items
• - Manage and Track Budgetary control procedures i.e., monitoring of operating expenditure against the budget and monitoring project/s spend
• - Accounting for all revenue/expenses and other financial transactions
• - Manage operational bank account and execute payments
• - Monthly reconciliations of all the balance sheet items, including reconciliations of the bank account, creditors, and payroll
• - Continuous improvement of accounting and reporting processes in the business
• - Monthly VAT and PAYE submissions
• - Drive business growth and revenue through campaigns and sales
• - Work with large volumes of data using pivot tables or other tools on excel to present to the management team and director
• - Analyse performance data at the stores and kiosks
• - Management Reporting - Preparing daily sales report to track sales performance
• - Payroll - draft and distribute contracts, respond to payroll queries, processing of payroll information, preparing and balancing sets of reports and payslips
• - BBBEE monitoring and tracking to maintain the Level 1 Compliance
• - Team member of the employment equity committee
• - Running the marketing department and providing published artwork/material for the stores and kiosks
• - Ad-hoc tenant invoicing
• - Maintaining group companies fixed asset register
• - Inter-company account payments and loan schedules
• - Drafting documents, loan agreements, contracts and POPI Act for the group company
• - Preparation of Monthly management packs
• - Reviewing financial information processed by the central accountant
• - Compiling a monthly balance sheet reconciliation file for review by CFO
• (Telecommunication and Retail Industries)

• Company Overview: (Legal Industry)
• Implemented a cost-effective IT Delivery Model including a new supplier which supported increased profitability by reducing costs
• Completed a BEE audit for the first time and received a level 1 BEE Rating
• Rolled out an account manual that aligned with the business structure and ethics for all departments
• Prepare daily bank reconciliations for operating bank accounts
• Daily capturing of payments to creditors and clients via FNB online banking
• Managing, capturing, and transferring funds to and from investment portfolios held by the company in the various banking platforms, i.e., FNB, Standard Bank, Nedbank, and ABSA
• Research and resolve reconciliations discrepancies
• Identify and resolve financial and accounting related queries internally and externally to maintain system accuracy
• Maintain the general ledger, including preparing journal entries, account analysis and reconciliation
• Assist, compiles and populates records to Trial Balance
• Maintaining the Fixed Asset Register and recording all assets purchased, scrapped, and sold
• Manage and capture transactions made of the company's credit card and petrol card facilities
• Ensuring timely payments to creditors and Clients
• Process journal write-offs and credit notes
• Review of debtors age analysis and recommending practical solutions and monitoring that the recommendations have been implemented
• Assist and maintain the compilation of monthly drawing schedules for directors
• Ensures that matters opened at the firm comply with FICA regulatory standards
• Constantly striving to improve the working methods to maximize efficiency and cost cutting methods
• Developing and maintaining a comprehensive financial filing system
• Ensure compliance with Corporate Governance and the organizations procedures and protocols are implemented
• Month end processes and reporting
• Assisting with the preparation of Sasseta yearly submission
• Member of the BEE audit team - provide the relevant data for the annual BEE audit
• Assisting with the submission and reconciliation of EMP501 documents to SARS
• Assisting and preparing documents and financial information for Law Society payment audit
• Assisting with the development of finance training manuals, presentations, and guidelines for the various departments
• Managing staff correspondence for financial and HR related matters
• Assist external auditors at year end including the preparation of schedules, preparation of supporting documentation and explaining procedures of the business
• Assists with ad hoc tasks and projects as and when required
• Preparation of various reports for the finance manager and Directors
• Assisting with the preparation of financial year end duties
• Assist with HR related queries - this includes managing new and existing staff members files, ensuring annual and sick leave is adjusted appropriately
• (Legal Industry)

• Company Overview: (Legal Industry)
• Initiated and introduced an account manual for implementation across all 4 offices of the firm
• Implemented an Internal audit process which uncovered fraudulent activity
• The culprit was subsequently dismissed
• Enhanced profitability by Implementing cost savings techniques to the business i.e
• Paperless process
• Managing the accounts division for 4 Offices (Durban, Pretoria, Johannesburg, and Cape Town)
• Financial Reporting including daily/ monthly reports to track the company's financial position
• Daily capturing of payments via Online Banking using FNB and Nedbank
• Petty Cash Management
• Managing the trust account - ensuring the capturing, receipting and reconciliations are up to date
• Performing internal checks to ensure proper accounting procedures were implemented and followed
• Managing and capturing data for the companies' property portfolio
• Cost Management - Strategizing and implementing cost effective measures for the business
• Handling the company's loan and investment portfolios for various clients
• Loan and Investment calculations
• Managing the financial month end administration
• Preparing and communicating statements to clients and Attorneys
• Investing and Handling of client funds with Grindrod Banking platform
• Preparing budget and liquidity reports
• Resolving Financial related queries internally and externally
• Assisting and preparing information for annual audit
• Performing ITC Searches
• Maintain and implement a financial filing system for the storing of documents onsite and off
• Monthly payments, capturing and reconciliations of Sheriff invoices and statements
• (Legal Industry)