Dilshad Hassim

Summary

Pragmatic professional with solid experience in leadership roles. Adept at implementing strategic business plans, driving growth and improving operations. Skilled in financial management and stakeholder relations. Collaborative and dedicated to building and leading talented and motivated individuals.

Overview

24

years of professional experience

4

years of post-secondary education

Work History

Chief Financial Officer (Majuba TVET College)

South African Institute of Chartered Accountants (SAICA); Then Permanently Employed by Dept. of Higher Education and Training

06.2012 - Current

Assisting and supporting the Principal (CEO)/ Accounting Officer and Council to discharge their respective prescribed duties in relation to financial management policies
Advised Board of Directors/Council on strategic financial matters, providing insightful recommendations backed by thorough analysis.
Preparation and presentation of various management and governance reports to Council and Committees of Council, as required
Member of Finance Committee of Council
Responsible for accounting and reporting all College-related Finance matters to the Finance Committee
Member of the Board of Survey of Council
Member of the IT Committee of Council
Member of the Academic Board of Council
Standing invitee of Audit and Risk Committee of Council meetings
Standing invitee of all Council meetings
Participated in Council Bosberaads wherein College performance/other reviews were performed
Providing strategic support in terms of Good Corporate Governance within the Public Sector environment
Develop, implement and manage financial strategies within the broader context of the College Strategic Plan, Annual Performance Plan and Operational Plan
Review Collation of financial data on Planning documents before final submission to DHET
Planning, preparation and presentation of Operational and Capital Budgets to Council within the broader Medium Term Expenditure Framework (MTEF) of the College
Implementation of Operational and Capital budgets
Control of MTEF to curb unauthorised, irregular, fruitless and wasteful expenditure
Reporting to the Principal, Finance Committee and Council on unauthorised, irregular, fruitless and wasteful expenditure
Responsible for first time implementation of Generally Recognised Accounting Practices (GRAP) within the College
Preparation of Annual Financial Statements in terms of relevant reporting frameworks ie: International Financial Reporting Standards (IFRS) and Generally Recognised Accounting Practices (GRAP), over the years
Formulation and implementation of appropriate policies, procedures and related internal controls to ensure sound financial management
Maintenance of policies, procedures and plans through consultative processes, for the Central Office and all campuses (to ensure alignment to the College Strategic mandate)
Cashflow management and projections to ensure sustainable cash availability at all times
Strategic investment of College funds to optimise the passive income earning capacity of the College
Responsible for overall financial management including investment management
Monitoring and control of Accounting Systems
Review and implementation of improvement in Management Information System (MIS), to ensure the stability, consistency and integrity of data
Responsible for initiating and maintaining a sound and effective strategy to maximise debt collection
Oversight of revenue, debt collection, financial risk, budget and subsidy and other grant allocation
Management and oversight of the expenditure, payments and liabilities functions
Management of Asset Management function
Responsible for quarterly Internal Control Management Assessment (ICMA) reporting
Responsible for submitting monthly reports to SAICA
Responsible for submitting financial management system reports monthly to the DHET
Submission of annual Persal payroll savings reconciliation/claim to the DHET
Quarterly performance reporting/measurement to SAICA/ DHET
Reporting to the DHET on ad hoc finance related matters
Identification and implementation of improved internal controls within the Supply Chain Management framework to ensure compliance with the PFMA, other prescribed legislation and regulations
Oversight and direction, where required, of the procurement process
Chairperson of College Bid Adjudication Committee, responsible for awarding all Open and Closed Bids
Responsible for the appointment of a relevant Appeals Committee where applicable
Oversight of the implementation of the National Student Financial Aid System (NSFAS) Bursary Scheme to advance access for indigent students
Chairperson of College Financial Aid Committee (FAC), responsible for the effective administration of NSFAS bursaries, transport and/or accommodation allowances
Integral role-player in the facilitation of the audit process for both external (AGSA) and internal auditors
Key stakeholder in final amendments and resolutions of findings in relation to the external audit
Responsible for the implementation of corrective action arising from audit findings
Oversight of the Information Technology (IT) component of the Organisation from 2012 to 2020
Member of the College Internal Information and Communications Technology (ICT) Steering Committee
Member of the College Internal HR Committee, as of 2014
Committee addresses all HR issues brought before it, by the HR Department
Responsible for organogram, composition and reporting structure of the Finance, Asset management and Supply Chain Management Departments
Performance Management assessment for relevant Middle Managers
Positive role model and leader within the college, fostering an environment of respect, trust, and support among all stakeholders.

Financial Manager

Daleview Trading CC t/a Mohamed’s Midas

06.2007 - 04.2009

Staff management and training
Involved extensively in the recruitment process and identifying the staffing requirements of the organisation
Formulating policies and procedures for staff appraisal, reviews and disciplinary procedures
Represented the organisation on CCMA and MIBCO matters
Liased with MIBCO and ensured compliance with legislative requirements
Direction, supervision and review of debtors and creditors functions
Timeous computation and payments of salaries
Enhancement of existing controls to achieve optimal performance
Formulation of new controls during move to a larger store
Preparing budgets and investigating variances with improvements
Income tax planning and return submission
Estate planning
Feasibility studies on expansion
Formulating business plan in order to obtain finance
Formed part of the Executive management team in finalising all finance related decisions of the organisation
Optimised cash flow management strategies, ensuring sufficient funds were available for daily operations while maximizing returns on idle cash balances.
Enhanced financial reporting accuracy through regular audits and reconciliations, leading to improved decision-making capabilities.
Prepared comprehensive financial statements for executive review, aiding in effective decision-making processes regarding growth opportunities and resource allocation.

Senior Audit Manager

Shabir Goga Incorporated

05.2002 - 05.2007

Aligned audit activities with business goals by incorporating strategic priorities into the annual audit plan.
Spearheaded internal controls assessment to reduce potential risks and ensure regulatory compliance.
Involved with executive management in identifying staffing requirements and following through with the recruitment process
Enhanced audit efficiency by implementing risk-based audit strategies and procedures.
Mentoring and coaching of staff at every step of the accounting and auditing process from primary entry, to understanding the effect of entries, reconciliation of various accounts including debtors, creditors, loan accounts, deposit control accounts; to drafting of trial balances and eventually Annual Financial Statements, income tax computation, planning and submission
Presented key findings from audits to senior management, offering actionable insights for enhancing operational efficiency.
Mentored junior auditors in best practices, fostering a culture of continuous learning and improvement within the department.
Managed complex audits from planning to completion, ensuring timely delivery of high-quality reports.
Developed comprehensive audit plans based on thorough risk assessments and business objectives analysis.
Streamlined audit processes for improved accuracy and timeliness of financial reporting.
Evaluated the effectiveness of company-wide governance processes through regular assessments and recommendations for improvements.
Collaborated with cross-functional teams to identify process improvements and enhance internal control systems.
Provided expert advice to management on accounting policies, financial reporting, and regulatory compliance matters.
Supported corporate initiatives by conducting due diligence reviews during mergers and acquisitions processes.
Assisted in developing annual budgets by providing insights into past performance trends and future projections.
Kept up-to-date with industry developments, adapting auditing methodologies as needed to maintain relevance in an evolving landscape.
Identified training requirements of staff by performing training needs analyses and providing related in house training
Daily planning of staff, as well as individual assignments
Coached staff during the audit process through planning, execution and providing effective and helpful feedback during review
Review of monthly submissions and ensuring that all deadlines were met timeously
External audits include Newcastle Private Hospital (a member of the Mediclinic Group of Hospitals), Trans Africa Group Of companies (major operator of buses) and Pulse Holdings (importer)
Supervisor on various Auditor General Assignments including the audits of: Newcastle Municipality, Watervaal Prison, Uthukela Water (Pty) Ltd
Forensic audits
Stock audits performed where clients suspected pilferage and fraudulent dealings conducted by staff
Identification of weaknesses in existing controls and redesigning control systems with the express aim of enhancing system functionality and allocating responsibility accordingly taking cognisance of the need for isolation of responsibility
Effective income tax computation, planning and submission
Estate planning and implementation upto final distributions
Contributed to organizational success by sharing audit expertise and knowledge with colleagues and cross-functional teams.
Conducted in-depth investigations into suspected fraud or other irregularities, providing recommendations for corrective actions.
Implemented internal audit software solutions to automate data analysis tasks and improve overall productivity levels.
Led a team of auditors, fostering a collaborative environment that promoted growth and professional development.
Performed detailed reviews of financial statements for accuracy, completeness, and regulatory compliance requirements fulfillment.
Interacted with internal staff and clients to improve operational knowledge of relevant tax issues and business implications.
Analyzed complex client problems and generated targeted solutions that resolved outstanding issues while enhancing client business positions.
Conducted strategic and technical reviews to verify compliance with quality control standards, schedule constraints and budget parameters.
Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
Identified legal tax savings and recommended ways to improve profits.
Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
Cultivated mutually beneficial relationships with clients and company financial officers to facilitate improved business operations.
Developed high-level knowledge of client business goals, policies and procedures to establish foundation for targeted problem solutions.
Compiled general ledger entries on short schedule with 100% accuracy.

Trainee Accountant

David Strachan and Tayler CA (SA)

01.2001 - 01.2002

Integrally involved in several audits including the audit of: Nu Shifa Hospital (Pty) Ltd., Teichmann Civils (Pty) Ltd., Browns Cash and Carry (Pty) Ltd
Reconciled balance sheet figures and sought assistance to reduce errors.
Contributed to timely completion of financial audits by compiling necessary documentation and providing accurate information.
Assisted senior accountants in the preparation of monthly financial reports for better decision making.
Reduced errors in data entry by maintaining attention to detail when recording transactions in accounting software.

Education

Orient Secondary School

01.1992 - 12.1996

Recipient of various Awards for Mathematics

Recipient of various Awards for Accounting

Placed in Top 100 in Kwa Zulu Natal in final Matric examinations

Bachelor of Commerce (Acc) -

UKZN- Former University of Natal

01.1997 - 12.1999

Top 20 of class final year B. Comm

Bachelor of Commerce Honours (Acc) - Accounting,Auditing,Mgmnt Accounting And Taxation

UKZN- Former University of Natal, Durban, South Africa

01.2000 - 12.2000

Top 15 of class B Comm Honours

Skills

Integrity

Objectivity

Financial reporting

Professional competence

Budget development

Due care

Accounting principles

Confidentiality

Cash flow management

Professional behaviour

Business forecasting

Verbal communication

Corporate leadership

Written communication

Strategic planning

Strategic communication

Tax planning and strategy

Internal controls

Operational decision making

Control environment

Financial administration

Mathematical skills

Strategic financial planning

Numeracy skills

Infrastructure planning

Auditing

Audit coordination

Risk Management

Regulatory compliance

Objective setting

Risk management

Independent work

Working capital management

Team leadership

Financial process improvement

Advisory skills

Investor relations management

Organisational skills

Reporting expertise

Attention to detail

Operational management

Judgement skills

Accounting principles understanding

Pressure management

ERP system implementation

Negotiation skills

Reporting skills

Change management

Financial policy creation

Financial management

Documentation compliance

Interpersonal skills

Financial strategy development

Relationship management

Regulatory Compliance Knowledge

Managerial skills

Fiscal management

Strategic leadership

Visionary leadership

Planning

Corporate governance

Work ethic

Stress management

Technology understanding

Policy compliance

Strategic thinking

Technological advancement

Resilience in leadership

Quantitative analysis

Financial technology adoption

Business valuation techniques

Continuous learning mindset

Performance metrics analysis

Infrastructure development

Capital raising

Public accounting

Qualifications

South African Institute of Chartered Accountants, Chartered Accountant (South Africa),

Year of qualification: 2005,

Memberip no.: 04931292

Disabilities

None

Ethnicgroup

Indian

Hometelephone

034-393 1097

Cellularphone

083 791 1677

Personal Information

Profession: Chartered Accountant (SA)
ID Number: 790206 0154 085
Ethnicity: Black
Date of Birth: 02/06/79
Gender: Female
Nationality: South African
Driving License: Code B
Marital Status: Married

Affiliations

South African Institute of Chartered Accountants (CA(SA))

Timeline

Chief Financial Officer (Majuba TVET College) - South African Institute of Chartered Accountants (SAICA); Then Permanently Employed by Dept. of Higher Education and Training