Chenge Rabonda
Commercial Manager: Finance
Midrand
Summary
Perceptive Commercial finance professional committed to maximizing performance and profit in various industry. Develops and implements strategies for revenue and profit growth, develops and analyzes financial reports to determine progress in achieving business objectives. Determined and energetic professional with excellent problem assessment and decision-making skills. Recognized for developing and maintaining high-level key relationships. Strategic Commercial Manager possessing solid knowledge of performance reporting and financial and budgeting processes. Bringing over 10 years background developing and implementing commercial strategies, analysis and coordinating with diverse teams. Confident communicator comfortable managing high volume of work.
Overview
14
14
years of professional experience
16
16
years of post-secondary education
Work History
COMMERCIAL MANAGER
EMPACT GROUP (PTY) LTD
01.2020 - Current
- Overall commercial responsibility of the projects / portfolio (Anglo Platinum, Siemens, Thungela, Revlon,
- Liquid Telecom)
- Ensure the project is profitable, sustainable and efficient
- Responsible for preparation of monthly financial reviews, expenditure summary versus agreed baseline
- Responsible for identifying area of improvement, commercially or operationally
- Analysis of the operational expenses within the work scope, of the contract
- Monthly review of revenue recovery and actual cost incurred, to determine profit margins
- Preparation of business result reporting, financial projections, and analysis to support financial and operational objectives
- Present monthly project and financial reporting for sign off
- Sign off monthly MTA with operational GM, finance GM and MD for the division, provide commentary for revenue and margin variance
- Record retention, as per the agreed framework agreement
- Responsible for budgeting, in collaboration with the Account Project Manager and other relevant parties
- Responsible for cost optimization and project budget
- Monthly / quarterly / annual forecasting, relevant to fixed baseline and anticipated spend
- Assist and support with the finance and commercial related aspect, relevant to project management for awarded projects
- Develop and maintain key relationships with key client/ stakeholder
- Maintain positive client experience that encourages growth in scope
- Responsible for overall project portfolio trade working capital
- Collaborate with procurement manager to review pricing and contracts in selecting suppliers
- Collaborate with legal in reviewing customer contracts
COMMERCIAL MANAGER-MEA
CBRE (PTY) LTD
01.2017 - 06.2020
- Overall commercial responsibility of the projects/portfolio (Kimberley-Clark MEA, Norvatis SA, MSD
- SA, Tiger Brands, Cisco)
- Provide end-to-end finance and commercial support and partner with the business
- Prepare analysis on expenditure, actual performance versus budget monthly within the scope of the service agreement and provide commentary for the variances
- Involved in operations monthly business review with Regional Account manager and provide analysis that assisted in decision making to drive margins
- Responsible for preparing monthly financial reviews, actual spending vs baseline for KC MEA
- Develop and maintain a good working relationship with the client; regularly liaise with the client at each site to sustain and grow stakeholder relations and the scope of the account
- Prepare an annual budget, forecast and quarterly review with the Regional Account Manager and Site leads
- Facilitate the change control request process to ensure new service requests are added to the agreed baseline, and the existing annual scope is uplifted according to the approved change control
- Identify and deliver opportunities for growth and improved financial performance & profitability from the allocated account portfolio
- Responsible for ensuring all customers are billed according to the contract/commercial model
- Monthly reconciliation and review of actual costs incurred vs fixed billing, ensure month-end balance sheet entries (COS, Revenue accrual and Unearned Revenue) are supported, and follow-up was done to clear
- Responsible for month-end close process and related functions
- Manage and drive trade working capital performance across the region
- I am involved in the client's baseline negotiation and validation process per the global framework agreement
- I am involved in existing(renewal) and new RFP by providing financial expertise and commercial analysis
- Identify and mitigate commercial risk while maximizing opportunities to increase profitability and negotiation with third parties to reduce costs
- Deliver opportunities for growth and improved financial performance for the account
- Develop commercial management processes to deliver an adequate level of control over expenditure & commercial activities within the scope of the account
- Review monthly payroll reports received from the payroll department, escalate queries to the Account
- Manager and assist with resolving within cut-off times
- Partner with the Sourcing Lead and Regional Account Manager by providing innovative activities and savings plans that would deliver growth opportunities
- Prepare client reporting pack and internal financial report, present the financial information to stakeholders –CFO and MEA Operations Manager and client counterparty
COMMERCIAL ANALYST
CBRE (PTY) LTD
08.2015 - 02.2017
- Provide support and partner with the, and customer by providing innovative activities and savings plans that would deliver opportunities for growth and improve financial performance
- Provide financial analysis and local commercial knowledge to support the business in the country
- Review P&L in comparison with budget and providing commentary for variance on a monthly basis
- Performance of month-end close processes with adherence to global deadlines
- Reconciling key Balance Sheet accounts including unbilled revenue, unearned revenue, COS accr, Accrued exp,Vat etc
- Prepare informational analyses on current processes, actual performance versus budget and prior year data, Complete trend analyses in terms of P&L and commercial models
- Involved in operations monthly business review
- Identifying and delivering opportunities for growth and improved financial performance from the allocated account portfolio
- Management reporting and analysis
ACCOUNTANT: INTERNATIONAL PROJECTS
SASOL (PTY) LTD
10.2012 - 07.2015
- Preparation of monthly external and inter-company project debtor invoices – Project billings (Projects included Uzbekistan
- GTL, US GTL, US LCCP, Oryx Qatar and Chevron Nigeria)
- Performance of initial checks and reviews of project cost reports
- Preparation of manual journals and execution of required system parking of journals
- Monthly foreign exchange calculations on international debtor payments and forex analysis to trial balance
- Monthly complex international project reconciliations, GL recons, and Intercompany confirmations
- Preparation of international project age analysis based on project phases for management reporting purposes – ExCom
- Project reconciliation query resolutions with Cost Control
- Liaising with Project managers
- Performing SOX tests
ASSISTANT FINANCIAL ACCOUNTANT
ABI, Soft drink div of SAB LTD
01.2009 - 09.2012
- Prepares monthly financial reconciliation of balance sheet accounts
- Process monthly journals and Inter-company transactions
- Monthly Reconciliations of Inter-company Accounts
- Assist in the preparation of annual budgets
- Responsible for processing orders of raw material purchases
- Manage and support procurement policies and procedures for the region
- Interface with logistic planners on stock movements including month-end stock confirmations
- Update, maintain fixed asset ledger and conduct fixed asset verifications
- Develop and keep financial accounting reporting tools
- Manage and support region for SABOX compliance
- Maintain contract register
- Assist with providing information to external and internal auditors and resolution of queries
Education
Matric Grade -
AZWIFARWI SECONDARY SCHOOL
01.1999 - 12.2003
Certificate in Economic Science & information Management -
RAND AFRIKAANS UNIVERSITY
01.2004 - 12.2004
Bachelor of Commerce in Accounting -
UNIVERSITY OF JOHANNESBURG (UJ)
01.2005 - 11.2008
Post Graduate Diploma - Management
REGENT BUSINESS SCHOOL (RBS)
01.2019 - 12.2019
Bcompt Honours - Management Accounting
UNIVERSITY OF SOUTH AFRICA (UNISA)
01.2016 - 12.2019
MBA -
NWU Business School
Potchefstroom North West 01.2021 - Current
Skills
Influenceundefined
Timeline
MBA -
NWU Business School
01.2021 - Current
COMMERCIAL MANAGER
EMPACT GROUP (PTY) LTD
01.2020 - Current
Post Graduate Diploma - Management
REGENT BUSINESS SCHOOL (RBS)
01.2019 - 12.2019
COMMERCIAL MANAGER-MEA
CBRE (PTY) LTD
01.2017 - 06.2020
Bcompt Honours - Management Accounting
UNIVERSITY OF SOUTH AFRICA (UNISA)
01.2016 - 12.2019
COMMERCIAL ANALYST
CBRE (PTY) LTD
08.2015 - 02.2017
ACCOUNTANT: INTERNATIONAL PROJECTS
SASOL (PTY) LTD
10.2012 - 07.2015
ASSISTANT FINANCIAL ACCOUNTANT
ABI, Soft drink div of SAB LTD
01.2009 - 09.2012
Bachelor of Commerce in Accounting -
UNIVERSITY OF JOHANNESBURG (UJ)
01.2005 - 11.2008
Certificate in Economic Science & information Management -
RAND AFRIKAANS UNIVERSITY
01.2004 - 12.2004
Matric Grade -
AZWIFARWI SECONDARY SCHOOL
01.1999 - 12.2003
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