Bronwyn Cramer
Financial Manager
Balgowan
Summary
Accomplished Financial Manager with a proven track record at Michaelhouse, adept in advanced financial analysis and cash flow management. Demonstrated ability to enhance financial reporting accuracy and efficiency, leading a team of professionals to streamline processes and implement cost-saving measures. Skilled in quantitative analysis and highly detail-oriented, consistently achieving improved financial performance and decision-making capabilities. Resourceful Financial Manager adept at supporting high growth technology and service organizations. Skilled in aligning people, processes and technology to achieve continuous improvement in operational processes. Well-versed in providing analytics with insight and influencing decisions that support growth and development.
Overview
22
22
years of professional experience
Work History
Financial Manager
Michaelhouse
11.2020 - Current
- Optimized cash flow management strategies, ensuring sufficient funds were available for daily operations while maximizing returns on idle cash balances.
- Prepared comprehensive financial statements for executive review, aiding in effective decision-making processes regarding growth opportunities and resource allocation.
- Enhanced financial reporting accuracy through regular audits and reconciliations, leading to improved decision-making capabilities.
- Analyzed budgets, financial reports and projections for accurate reporting of financial standing.
- Drafted reports for leadership for use in strategic planning and decision making.
- Developed and presented financial data, financial statements and variance narratives to Board of Directors and Board of Trustees.
- Forecasted operating costs for scheduled projects by strategizing with other departments.
- Increased financial efficiency by streamlining budget processes and implementing cost-saving measures.
- Identified and investigated variances to optimize financial plans and forecasts.
- Managed team of 7 finance and operations professionals, with day-to-day responsibility for contracting, order processing, forecasting, budgeting, reporting and analysis.
- Created and implemented effective accounting systems, best practices and policies.
Financial Manager
Durban Country Club
10.2018 - 11.2020
- Optimized cash flow management strategies, ensuring sufficient funds were available for daily operations while maximizing returns on idle cash balances.
- Prepared comprehensive financial statements for executive review, aiding in effective decision-making processes regarding growth opportunities and resource allocation.
- Enhanced financial reporting accuracy through regular audits and reconciliations, leading to improved decision-making capabilities.
- Analyzed budgets, financial reports and projections for accurate reporting of financial standing.
- Oversaw administrative staffing by recruiting, interviewing and onboarding new personnel.
- Drafted reports for leadership for use in strategic planning and decision making.
- Reduced outstanding accounts receivable balances by consistently following up on overdue payments and negotiating payment plans with clients.
- Developed and presented financial data, financial statements and variance narratives to Board of Directors.
- Identified and investigated variances to optimize financial plans and forecasts.
- Developed and transformed finance and operations team from transactional to analytical to provide enhanced business support.
- Collaborated with department heads to establish annual budgets, promoting fiscal responsibility across the organization.
- Developed and maintained financial models for forecasting, enabling more accurate predictions of future revenue and expenses.
- Delivered timely internal reports to various stakeholders detailing key aspects of the company''s financial health, ensuring transparency and clear communication.
- Complied with established internal controls and policies.
- Created financial dashboards to provide insights into key performance indicators.
Finance and Admin Manager
Toyoda Gosei South Africa (Pty) Ltd
12.2016 - 10.2018
- Ensure accurate and timeous Financial Reporting to Management and Headquarter
- Overall Budget Management and Reporting
- Management of Debtors and Creditors
- Establish and maintain standard costing for all products
- Manage monthly cash flow and income and expenditure report to management
- Ensure legal compliance and adherence to Company’s act
- Monthly Finance Functional Meeting Reporting to enable decision making
- Develop and lead finance improvement activities – cost reduction
- Staff management
- Ensure Royalty calculations are correct before submission
- Management of fixed assets
- Prepare quarterly tax computation and annual tax pack
- Submit monthly VAT returns
- Facilitate and collaborate with external auditor to for year end audit
- Develop and implement policies and procedures
- Analysis of financial data
- Responsible for formulating BBBEE compliance strategy
- Responsible for Employment Equity to ensure compliance with legislation and plan implemented
- Manager HR and General Administration Department
- Manage ad-hoc projects to ensure efficient execution at all times
Financial Manager
Frey's Food Brands (Pty) Ltd
04.2013 - 11.2016
- Preparation of Finance Board Report to be circulated to the board of directors
- Overseeing the Finance Department ( 6 x management accountants, creditors supervisor, cashbook clerk, junior bookkeeper, assistant accountant, accountant). Providing guidance and leadership
- Managing the annual audit
- Preparation of Annual Financial Statements
- Review of supplier credit applications
- Maintenance of General Ledger (review for misallocations and ensure allocations are in accordance with IFRS)
- Preparation of Monthly Management accounts ( Income Statement, Balance Sheet, Ratios, Cashflow statement)
- Managing forex transactions and hedging risk
- Daily cashflow management
- Setting and managing KPI’s
- Internal audit procedures on traceability of all products to ensure compliance with various necessary health and safety standards.
- Set up and provide information for decision making:
- Costing based on costing models
- Production to capacity
- Throughput
- Yields
- Wastage
- Project management on each new stage of development of process flows in the factory
- Forecasting.
- Working capital requirements.
- Preparation of annual budget (opex and capex)
- Annual Insurance calculations
- Reconciliation and variance analysis of GP, Sales and Cost of Sales
Tax Consultant
The Tax Haven
10.2011 - 03.2013
- Preparation and submission of tax returns and handling all queries thereafter
- Assistance with provisional tax returns
- Preparation of books to Income Statement for Sole Proprietor clients
- Office management including the management of the work flow
- Invoicing and Debtors
Accountant
Premier Growth Group (Pty) Ltd
06.2008 - 09.2011
- Preparation of forecasts and budgets
- Preparation of monthly management packs
- Monthly reconciliation of balance sheet accounts
- Preparation of necessary month end journals
- Overseeing creditors, cashbook and debtors clerk
- Preparation of monthly statutory returns
- Preparation of annual audit file and liaising with auditors
- Review of general ledger for Head Office expenses
- Preparation of Departmental Results
- Set up of new chart of account on Pastel Evolution and managing the roll out thereof (new accounting system implementation)
Customer Accountant
Unilever South Africa
03.2008 - 05.2008
- Monthly reconciliations of balance sheet accounts
- Preparation of manual for finance reconciliation process (process was designed by self)
- Preparation of audit file for Corporate Auditors
- Attending meetings with Business Partners within my team to assist with queries relating thereto
- Assist Business Partners adhoc duties
Accountant
Mondazur Resort Estate Hotel
03.2007 - 01.2008
- Preparation of monthly management packs, forecasts and budgets
- Monitoring of capital expenditure compared to budget.
- Completing daily revenue reports.
- Checking end of day report for posting errors.
- Overseeing Debtors Clerk and bookkeeper to ensure procedures are followed.
- Wage, salary and casual payments.
- Reconciliation of Cashbook.
- Cash flow management
- Checking General Ledger posting for correctness.
- Checking of creditors recons and making EFT payments.
- Fixed asset register.
Trainee Accountant/Auditor (Articles Completed)
Buhr, Parry & Company
03.2002 - 02.2007
- Accounting work- write up cash books up to trial balance level
- Prepare and maintain fixed asset register
- Reconciliation of balance sheet and income statement accounts and journal entries
- Prepare Annual Financial statements
- Review and documentation of accounting systems and internal controls
- Prepare statutory income tax returns for individuals, companies, close corporations and trusts
- Prepare VAT , PAYE, SDL, UIF and WCA returns and statutory records for the registrar of Close Corporations and Companies
- Plan and perform audits- manage and train junior staff during these audits
- Correspondence with clients and other parties during the engagement
- Preparation of audit working paper files on completion of the audit
- Attend meetings and take minutes for an NPO and maintain accounting records
- Attend stock takes and perform test counts
- Budgeting and forecasting for management purposes
- Present Annual Financial Statements at Annual General Meetings
Education
Initial Test of Competence -First Time Pass -
SAICA
04.2001 -
Post Graduate Diploma in Accounting - Achieved An Overall Average of 78%. Placed 2nd.
Milpark (CA Connect)
Online 04.2001 -
Advanced Accounting - Bridging Course To CTA - Passed With Distinction
Milpark (CA Connect)
Online 04.2001 -
Bachelor of Accounting Science (BCompt) - Accounting
University of South Africa
Distance 04.2001 -
Skills
Advanced financial analysis
Cash Flow Management
Budgeting and financial management
Quantitative and qualitative analysis
Highly detail-oriented
Financial reporting and analysis
Budget Analysis
Profitability analysis
Budget Compliance
Expense Control
Accounts receivable management
Internal Controls
Financial Information Systems
Timeline
Financial Manager
Michaelhouse
11.2020 - Current
Financial Manager
Durban Country Club
10.2018 - 11.2020
Finance and Admin Manager
Toyoda Gosei South Africa (Pty) Ltd
12.2016 - 10.2018
Financial Manager
Frey's Food Brands (Pty) Ltd
04.2013 - 11.2016
Tax Consultant
The Tax Haven
10.2011 - 03.2013
Accountant
Premier Growth Group (Pty) Ltd
06.2008 - 09.2011
Customer Accountant
Unilever South Africa
03.2008 - 05.2008
Accountant
Mondazur Resort Estate Hotel
03.2007 - 01.2008
Trainee Accountant/Auditor (Articles Completed)
Buhr, Parry & Company
03.2002 - 02.2007
Initial Test of Competence -First Time Pass -
SAICA
04.2001 -
Post Graduate Diploma in Accounting - Achieved An Overall Average of 78%. Placed 2nd.
Milpark (CA Connect)
04.2001 -
Advanced Accounting - Bridging Course To CTA - Passed With Distinction
Milpark (CA Connect)
04.2001 -
Bachelor of Accounting Science (BCompt) - Accounting
University of South Africa
04.2001 -
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