Ephiphania Nhamo

Work History

Management Accountant

Action Aid International

04.2020 - Current

Contributed to the successful implementation of a new ERP system (Microsoft D365), resulting in increased efficiency across all departments
Developed and maintained strong working relationships with key stakeholders, including department heads, vendors, and banking partners
Prepared thorough reports, commentaries and financial statements
Supported the development of strategic plans with detailed financial analysis and scenario modeling
Identified past financial trends, performed risk management and predicted future outcomes and needs
Developed comprehensive financial reports for senior management, facilitating effective decision-making based on accurate data insights
Streamlined financial data collection by implementing new software solutions that are seamlessly integrated with existing systems
Supported the implementation of a new financial planning tool, resulting in more efficient budgeting processes and improved collaboration between departments
Conducted variance analyses between actual results and forecasts, identifying areas of improvement for future budgeting cycles
Assisted company leaders with financial decisions
Controlled and forecasted incomes and expenditures
Reduced operational costs by identifying inefficiencies in workflows and implementing process improvements
Improved financial reporting accuracy by streamlining the month-end close process and implementing automated reconciliation tools
Improved working capital management by identifying areas for cost reduction and implementing strategies to optimize cash flow
Strengthened internal controls by conducting regular audits and recommending policy updates as needed
Enhanced budgeting and forecasting processes for increased accuracy, allowing management to make more informed decisions
Used Sun Systems to conduct financial analysis, presenting findings to management
Implemented cost allocation methodologies for better understanding departmental expenses and driving accountability within the organization
Generated and compiled internal audits
Monitored company spending and budgets
Maintained integrity of general ledger and chart of accounts
Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry
Collected and reported monthly expense variances and explanations
Cooperated with senior leaders to create operating budgets and initiate financial planning
Compiled general ledger entries on short schedule with 100% accuracy
Provided journal entries and performed accounting on accrual basis
Prepared working papers, reports and supporting documentation for audit findings
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
Tracked funds, prepared deposits and reconciled accounts
Trained new employees on accounting principles and company procedures
Collaborated closely with external auditors during annual reviews, ensuring timely completion of audit procedures without any significant findings or adjustments required.

Management Accountant

JAM South Africa

01.2018 - 03.2020

Oversee Finance operations by ensuring correct information and allocations are done accurately and on time
Compliance to organization policies and procedure manuals
Review half yearly Accounting policies and procedures manuals in line with GAAP and IFRS
Compliance to: Corporate Governance, Statutory Audit requirement, Federal regulations and requirements, Internal Controls of the organization governed by GAAP and IFRS
Ensuring the right information is sent to the relevant personnel
Ensure all grant income are recorded and coded accurately in the system
Ensure filing of all signed grant agreements
Raise invoices to Donors as per grant agreements
Maintenance of correct accurate concise information produced for users
[Proactive, timely and insight] by reconciling the Receivable, Payables, General Ledger cycles and Balance sheet reconciliations
Reconciliation and allocation of staff deduction costs on a monthly basis
Loading payments on Standard Bank on-line
Budget maintenance/control[budget vs actual and approved budget vs commitment budget]
Review monthly and quarterly expenditure with budget holders
Prepare budget realignment where applicable to be approved by FM, MD
Management reports to departmental managers [budget holders] by Business Units monthly, quarterly and annually using Sun and Vision
Interpret the Management report to non-financial operational managers
Management report to FM with variance analysis [significant variances] about the organizational operations monthly [by Business Unit and organization]
Prepare Inventory Management valuations quarterly
Review and report half-yearly on Fixed Asset management
Relevant, reliable, accurate reporting for informed decisions by Top Management
Review asset system flow controls and procedures
Review Inventory Management system flow controls and procedures
Compile and track Fixed Asset Accounts and closure when related projects have concluded
Reconcile Fixed Assets general ledger, depreciation and balance sheet
Update accumulated depreciation and fixed asset schedule for year-end and external audit purposes
Review assets for impairment, potential obsolescence and disposal recommendations to management for audit trail purposes
Performed financial administration for over South Africa's 9 provinces' company accounts

Finance Systems Specialist

JAM International Incorporated in Mauritius

01.2016 - 12.2017

Prepare accurate and timely financial reports to donors as required
Prepare accurate and timely financial reports on grants for internal management purposes
Work with the Finance Director on cash flow forecasts for programs
Review invoices and provide account codes, when appropriate, for proper project accounting
Produce budget and expense analysis report
Prepare and distribute periodic invoices for project reimbursement
Work with Program Team Leader, Budgeting Officer and appropriate country office staff in the development of forecasts, budgets and budget revisions for programs
Communicate monthly financial results with appropriate program staff, informing them of financial position of the project
Process journal entries to various projects if needed
Perform ad-hoc financial analysis in response to requests or provide support to various programs
Train and provide ongoing technical assistance to field office finance staff and program partners on best practices for financial management systems in order to increase capacity
Visit country offices in order to support financial management of grant-funded projects, conduct periodic compliance review of grant-funded projects, to include financial management overviews with field office staff and partner staff
Coordinate the monthly review and reconciliation of cash accounts associated with JAM International Country Offices including receipt of monthly bank statements
Prepare monthly reconciliations for JAM International advance accounts to country offices
Support required audits in the field and at HQ
Train new staff on the system and prepare system manuals for training on processes with the system
Formulate reporting templates that are user friendly and adapt to the organization's needs
Budgets and budgetary control for HQ and the Field
Identify and recommend cost savings initiatives for program activities and the organization
Identify and recommend methods to mitigate risk and enforce compliance to regulations within the organizations
Designed and implemented preventive maintenance procedures, reducing support requests by 60%

Creditor's Clerk

JAM International Incorporated in Mauritius

08.2013 - 12.2015

Provides analysis and evaluation regarding the credit risk
Assist with preparation of the budget
Implement financial policies and procedures
Establish and maintain cash controls
Establish, maintain and reconcile the general ledger
Prepare and reconcile bank statements
Establish and maintain supplier accounts
Processes supplier invoices
Maintain the purchase order system
Ensure data is entered into the system
Ensure security for all credit cards and verify charges
Ensure transactions are properly recorded and entered into the computerized accounting system
Prepare income statements
Assist with the annual audit
Maintain the computerized accounting system
Maintain financial files and records
Maintain the accounts payable and accounts receivable systems to ensure complete and accurate records of all money
Reconcile the accounts payable
Other related duties assigned to limit risk exposure of the organization as a member of the central procurement committee (CPC) responsible of the following in the organization: The committee ensures transparency in procurement and dealing with offices through the following responsibilities: Serves as an advisory forum to suggest measures to streamline and simplify procurement of goods and services
Review special cases of procurement referred by country programme procurement committees for seeking directives of the CPC
Identify, review and approve new and innovative procurement practices/ strategies to strengthen, streamline and speed up the procurement process and ensure that procurement process achieves value for money in delivering strategic and operational priorities
Verified accuracy of accounts payable payments, resulting in 90% reduction in payment errors and check reissues

Accountant

Zeus Aluminium

06.2012 - 02.2013

Handled day-to-day accounting processes to drive financial accuracy.
Reconciled accounts and reviewed expense data, net worth, and assets.
Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
Gathered financial information, prepared documents, and closed books.
Used advanced software to prepare documents, reports, and presentations.
Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
Enhanced financial accuracy by meticulously reconciling bank statements and financial records monthly.
Played key role in financial planning and analysis, contributing to company's long-term financial strategy.

Financial Advisor and Direct Sales Officer

Maruti Marketing

10.2010 - 05.2012

Proactively make recommendations to improve direct marketing campaigns in order to increase income and cost efficiency
Proactively make recommendations to reach new audiences to increase the number of individuals knowledgeable about the company
Assisting clients with loan applications
Ensure all materials and communications are on brand and reflect the company's values and mission
Client liaison
Performing affordability checks and calculations
Initializing credit checks on the ITC system and subsequent interpretation

Experiential Learning (article Clerk Duties)

AMG Global Chartered Accountants

08.2008 - 07.2009

Preparation of financial statements from ledger up to balance sheet level for farmers, sole proprietors as well as registered companies using International Accounting Standards (IASs)
Performed the following duties as part of the audit teams that conducted audits on various entities: Audit planning; Designing, implementing and evaluating of test of controls and substantive audit procedures as follows: Performing audit checks on customer balances and vendor payments; Perform audit checks and confirm correctness of all expense accounts; Compile data and organize for audit statements and reports; Compute and verify ledger balances and other books of accounts; Detect discrepancies in financial statements, records and reports; Organize all financial data for the senior audit team; Verify computation of taxes; Process and verify bank deposits and bank payments; Process and verify accounts payable and accounts receivable records; Reconcile bank and other financial records
Preparation of Value Added Tax (VAT) returns for the Zimbabwe Revenue Authority (ZIMRA)
Interaction with a wide variety of clients and meeting with them regularly
Maintenance of a solid corporate image and unquestionable work ethic
Stocktaking
Preparation of bank reconciliation statements as well as debtors and creditors reconciliations
Preparation of payment vouchers
Income tax returns to the receiver of revenue

Summary

Overview

Work History

Management Accountant

Management Accountant

Finance Systems Specialist

Creditor's Clerk

Accountant

Financial Advisor and Direct Sales Officer

Experiential Learning (article Clerk Duties)

Education

ACCA -

Business Risk Management -

Bachelor of Commerce Honors Degree - Accounting

Skills

Timeline

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