Tennis
Edith Nyawo
Chartered Accountant
Johannesburg
Summary
Adept at financial software implementation and fostering team dynamics, while heading the Finance Team at Strategic Dimensions. Expertise in business advisory and development, combined with an eye for detail, significantly improves client satisfaction and operational efficiency.
Overview
19
19
years of professional experience
Work History
Senior Financial Consultant
Strategic Dimensions
02.2017 - Current
- Identified underperforming processes within client systems, recommending timely adjustments that improved productivity and returns on investment.
- Streamlined internal processes to improve efficiency and reduce operational costs.
- Managed high-net-worth client portfolios, ensuring optimal software implementation and utilization.
- Delivered engaging presentations at industry conferences, showcasing expertise and attracting new clients.
- Conducted in-depth market research and analysis, identifying new software opportunities for clients.
- Developed customized training programs for junior consultants to enhance their knowledge of Odoo Software implementations and industry best practices.
- Collaborated with cross-functional teams to develop innovative financial products tailored to clients'' needs.
- Negotiated favorable terms with vendors and suppliers, reducing overall expenses for the firm.
- Maintained strict compliance with regulatory requirements, minimizing potential legal issues and penalties.
- Increased client satisfaction by providing expert financial advice and personalized implementation strategies.
- Provided exceptional customer service by promptly addressing concerns or inquiries from clients.
- Implemented risk management strategies to protect clients'' assets and minimize losses.
- Developed comprehensive implementation plans for clients, leading to significant wealth growth over time.
- Mentored junior consultants, promoting a culture of continuous learning and professional development.
- Established strong relationships with key stakeholders, fostering long-term partnerships and repeat business.
- Advised business owners on efficient financial strategies strategies, maximizing profits while minimizing liabilities utilizing Odoo software.
- Leveraged advanced analytical tools and reporting to assess the functionality and value add for clients.
- Evaluated complex financial data to provide strategic recommendations for Clients across multiple industry sectors.
- Educated clients on various financial matters and provided professional recommendations on maximizing returns on their software investment, products, and services based on each clients' individual needs.
- Developed personal rapport with each client to maintain customer loyalty and establish long-term accounts.
- Cultivated and strengthened relationships with new clients and educated clients on account services and capabilities etc
Head of Finance
Eduscimat
01.2013 - 01.2017
- Provided the Board with strategic financial insights for informed decisionmaking.
- Managed budgeting process, ensuring accurate forecasting and timely adjustments to meet business needs.
- Strengthened communication between finance department and other business units, fostering an environment of collaboration across the organization.
- Collaborated with cross-functional teams to align financial goals with overall company objectives.
- Oversaw annual audit process, ensuring accurate representation of financial position in accordance with GAAP standards.
- Reduced overhead costs by identifying inefficiencies and implementing cost-saving measures.
- Developed finance team talent through targeted training programs and regular performance evaluations.
- Ensured compliance with all regulatory requirements by staying abreast of industry changes and updating policies accordingly.
- Streamlined vendor payment processes, improving relationships while reducing processing time and errors.
- Managed debt financing activities, negotiating favorable terms to minimize borrowing costs.
- Enhanced financial reporting accuracy through the development of comprehensive internal controls.
- Improved financial operations by streamlining processes and implementing new accounting systems.
- Optimized cash flow management through efficient working capital strategies and investment decisions.
- Implemented risk management practices to mitigate potential losses and safeguard company assets.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Review prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Review prepared internal and regulatory financial reports, balance sheets and income statements.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
- Improved overall financial reporting by streamlining control processes and reporting structures and managing a robust team
- Prepare consolidated financial statements and reports etc.
Finance Manager
Johannesburg Philharmonic Orchestra
04.2008 - 12.2012
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Monitored budget and revenue trends, compiling reports for The board to inform decision-making.
- Developed comprehensive financial reports for executive decision-making support.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Created organizational structures to improve accounting and finance functions.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Implemented risk management strategies to protect company assets and minimize losses.
- Managed multimillion-dollar budgets for stakeholders , ensuring accurate allocation across departments for funding.
- Annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
- Managing cashflows and reporting to the board and stakeholders
- Improved stakeholder confidence with detailed financial analysis and transparent communication.
- Optimized cash flow management, allowing for timely investment and debt reduction.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Developed strategic plans for day-to-day financial operations.
Finance Manager
Entelect
01.2007 - 03.2008
- Prepared monthly transactions, and Management Accounts.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Developed comprehensive financial reports for executive decision-making support.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Reviewed documentation and identified financial discrepancies where applicable.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Ensured compliance with tax and audit regulations, timely filing of all required documents, mitigating potential penalties or fines.
- Managing Full financial function etc
Financial Accountant
Constantia Insurance Limited Company
10.2005 - 12.2006
- Improved cash flow management with timely invoicing and efficient collections practices.
- Managed relationships with external auditors effectively ensuring positive outcomes during annual audits.
- Input financial data and produced reports using various software systems
- Reduced month-end closing time by optimizing the reconciliation process for bank and credit card accounts.
- Assisted in annual audit preparations, ensuring a smooth audit process.
- Increased financial accuracy by streamlining the accounts receivable and payable processes.
- Enhanced financial reporting transparency, implementing clear and concise monthly statements for management.
- Worked with team members to ensure. accounting best practices, fostering talent development within the department.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy etc.
Education
Master of Science - Professional Accounting
University of London
London, United Kingdom 04.2001 -
Chartered Accountant - Accounting
Association of Chartered Certified Accountants
United Kingdom 04.2001 -
B Com - Accounting
Rhodes University
Grahamstown 04.2001 -
CICC With Distinction - Counselling
SATS
Johannesburg, South Africa 04.2001 -
Skills
Financial software Implementation
Cash Flow Management, Budgeting and Reporting
Business Advisory
Cost-reduction strategies
Relationship building and Team management
Trend analysis expertise
Financial Services and compliance
Business Development
Interests
Travelling
Reading
Directorships
2010 -2014 - Directorship at MFHCFC (NPO)
2015 - 2024 - Directorship at CFC (NPO)
2014 to Date - Directorship at Strategic Dimensions
Timeline
Senior Financial Consultant
Strategic Dimensions
02.2017 - Current
Head of Finance
Eduscimat
01.2013 - 01.2017
Finance Manager
Johannesburg Philharmonic Orchestra
04.2008 - 12.2012
Finance Manager
Entelect
01.2007 - 03.2008
Financial Accountant
Constantia Insurance Limited Company
10.2005 - 12.2006
Master of Science - Professional Accounting
University of London
04.2001 -
Chartered Accountant - Accounting
Association of Chartered Certified Accountants
04.2001 -
B Com - Accounting
Rhodes University
04.2001 -
CICC With Distinction - Counselling
SATS
04.2001 -
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