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CYNTHIA PHUMZILE KHOZA
Project Accounting Manager
Volksrust
Summary
I am a result driven with experience in auditing, management accounting and project accounting. Knowledgeable in producing reports, analyzing performance against budget and forecasting. Work independently within a team context with a strong diligent and high attention to detail, an analytical thinker, competent to resolve issues completely, capable to work well under pressure when required, deadline and delivery driven.
Overview
23
23
years of professional experience
Work History
Project Accounting Manager
ESKOM HOLDINGS SOC LIMITED
Volksrust
5 2012 - Current
- Review, interpret and report project information to Business Partners:
- Monitor project costs, prepare monthly cost reporting of projects and quarterly project funding reports.
- Perform variance analysis of expenditure against budget and projections
- Review period and year end closing and review monthly assessments for correctness and completeness,
- Prepare detail monthly cost reports with variance explanations,
- Review and approve SAP journals to ensure correct cost allocation between GL account,
- Ensure that costs allocation is in line with costing structure,
- Review completeness of monthly cost and prepare accruals and provisions,
- Review costing structure system and update latest cost to completion model,
- Prepare monthly forecast for projects in line with latest schedule,
- Review project costs for areas of concerns
- Review compensation events register for completeness,
- Maintain WBS structure in alignment with project structure,
- Tracking of financial results against Key Performance Indicators (KPIs) for each project
- Coordinate with external auditors for annual audits, ensuring compliance with regulatory requirements and timely completion of audit process.
- Comply with established internal controls and policies.
- Analyze business processes to identify cost savings and operational efficiencies.
- Represent Finance in committees (Investment, Variations and Procurement committees
- Prepare 5 year budget and quarterly projections and ensuring alignment with business plans and directives,
- Prepare monthly, annual and multi-year cash flow forecasting,
- Perform financial evaluation/ analysis on suppliers for commercial purpose,
- Ensure that all system updates relating to project closure have been correctly performed
- Manage and monitor six (6) projects
Management Accountant
ESKOM HOLDINGS SOC LIMITED
Volksrust
04.2005 - 04.2015
- Compile and prepare Management reports monthly based on following: Cost Centre Variance analysis, Commitment Reporting and Profitability Reporting,
- Adhere to controls frameworks to ensure correct periodic reporting on budget controls, accruals and provisions, Liaise with end users,
- Prepare Tax Pack and PFMA quarterly,
- Verification of travel claims and payments,
- Ensure that costs allocations are in line with costing structure,
- Prepare budgets and ensuring alignment with business plans and directives,
- Prepare monthly and quarterly forecasting ensuring alignment with business plans,
- Update SAP with latest forecast and budget,
- Prepare monthly and annual cash flow,
- Conducted variance analyses between actual results and forecasts, identifying areas of improvement for future budgeting cycles,
- Prepared journal entries in line with SAP GL,
- Review accuracy and completeness of SAP data to management,
- Prepare detail cost report to assist managers in managing their costs against budget.
Internal Auditor
MANASE & ASSOCIATES
Johannesburg
07.2004 - 03.2005
- Developing risk assessments and conducting process walkthrough for compliance with documented processes.
- Develop risk-based audit plans and audit work program based on risk assessment process to provide assurance on company's governance, risk management and controls,
- Evaluate internal financial and operational control system,
- Execution of work program as per requirements set in order to evaluate effectiveness and efficiency of internal control,
- Document recommendations to improve internal controls.
- Identify and report audit findings.
- Evaluate policies and procedures to determine how well standards adhered to best practices.
Trainee Accountant
SIZWENTSALUBA VSP
Johaneesburg
02.2001 - 06.2004
- Prepare and update systems notes,
- Plan audit end execute substantive testing,
- Prepared working papers, reports and supporting documentation for audit findings.
- Review of tax calculations,
- Assist in full audit cycle including Adherence to Internal Audit methodology,
- Obtaining, analyzing and evaluating accounting documentation or previous reports,
- Identifying and documenting controls,
- Checked general ledger entries to increase accuracy, prevent significant errors and identify adjustments.
- Preparing journals for adjustments,
- Analysing financial statements,
- Preparing reconciliations and Financial Statements for small to medium companies
Education
B COM HONOURS: MANAGEMENT ACCOUNTING, -
University Of South Africa
Pretoria, South Africa 05.2011 - 05.2011
CERTIFICATE IN ACCOUNTING, -
University of Natal
Durban, South Africa 12.2001 - 12.2001
B COM: ACCOUNTING, -
University of Natal,
Durban, South Africa 12.2000 - 12.2000
Skills
Financial Analysis
Management Reporting
Report Preparation
Variance Analysis
IFRS Knowledge
Microsoft Office
Problem-Solving
Adaptability and Flexibility
Analytical Thinking
Attention to Detail
Accomplishments
- Awarded an Integrity award in 2012/13 financial year
- Customer Satisfaction award in 2014/15 financial year
Coursescompleted
- SAP CO1 - Management Accounting Reporting
- SAP CO2 - Management Accounting Month-end & Actual Processing
- SAP CO3 - Management Accounting Planning and Budgeting
- SAP CO4- Management accounting master data
- SAP MR1 - Material Requests
- Share Point
- Foreign Exchange
- FIDIC
References
- References are available on request
Software
Microsoft PowerPoint:
Microsoft Excel
SAP
Timeline
B COM HONOURS: MANAGEMENT ACCOUNTING, -
University Of South Africa
05.2011 - 05.2011
Management Accountant
ESKOM HOLDINGS SOC LIMITED
04.2005 - 04.2015
Internal Auditor
MANASE & ASSOCIATES
07.2004 - 03.2005
CERTIFICATE IN ACCOUNTING, -
University of Natal
12.2001 - 12.2001
Trainee Accountant
SIZWENTSALUBA VSP
02.2001 - 06.2004
B COM: ACCOUNTING, -
University of Natal,
12.2000 - 12.2000
Project Accounting Manager
ESKOM HOLDINGS SOC LIMITED
5 2012 - Current
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