Summary
Overview
Work History
Education
Skills
Affiliations
Timeline
Generic

Jeff Musonda

Chief Financial Officer
Johannesburg

Summary

Dynamic financial leader with extensive experience as Group CFO at Universal Holdings Ltd, excelling in financial reporting and budget development. Achieved significant cost reductions through strategic planning and process improvements, while fostering a high-performing team. Proven ability to enhance profitability and optimize financial management, ensuring alignment with organizational goals.

Finance professional with extensive experience in financial strategy and corporate governance. Known for driving fiscal efficiency and implementing robust financial controls. Proven ability to collaborate with diverse teams and adapt to dynamic business environments, while excelling in financial reporting and strategic planning.

Overview

12
12
years of professional experience

Work History

Group Chief Financial Officer

Universal Holdings Ltd
05.2018 - Current
  • Streamlined financial processes by implementing new accounting software and automation techniques.
  • Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
  • Negotiated favorable credit terms with banks for increased borrowing capacity and reduced interest expenses.
  • Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.
  • Oversaw budgets, payroll, and accounts payable and receivable.
  • Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
  • Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
  • Managed complex capital projects from inception through execution, ensuring timely completion within budget constraints and delivering expected returns on investment.
  • Implemented tax planning strategies that minimized liabilities while ensuring full compliance with laws.
  • Established strong relationships with external stakeholders, including investors, analysts, and regulatory agencies to promote transparency and build trust in the organization's financial management.
  • Developed strategic financial plans to support company growth and achieve long-term objectives.
  • Enhanced profitability with cost reduction initiatives, such as renegotiation of supplier contracts and process improvements.

Director of Finance

Kumusokolwe Enterprises
05.2013 - 12.2017
  • Instituted best practices in financial management processes by conducting regular reviews of procedures, policies, and systems for continuous improvement opportunities.
  • Successfully managed multiple, concurrent projects by prioritizing tasks and allocating resources efficiently.
  • Improved internal controls and risk management strategies to safeguard company assets and minimize potential losses.
  • Managed a high-performing finance team, providing guidance and mentorship to foster professional growth and development.
  • Optimized cash flow management through diligent monitoring of receivables, payables, and investment activities.
  • Reduced overhead costs by identifying inefficiencies and implementing targeted cost-saving measures across various departments.
  • Provided insightful recommendations for process improvements, contributing to increased operational efficiency across the organization.
  • Developed accurate monthly forecasts using historical data trends combined with current market conditions for enhanced decision-making capabilities.
  • Enhanced company profitability with strategic financial planning, budgeting, and forecasting techniques to ensure optimal resource allocation.
  • Collaborated with executive leadership team in developing long-term financial goals, ensuring alignment with overall business objectives.
  • Assisted with recruiting, interviewing, and hiring new department employees.
  • Enhanced internal control systems and procedures to mitigate risk and support opportunities.
  • 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.
  • Conducted financial due diligence on potential investments and acquisitions.
  • Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.

Education

MBA -

Heriot Watt University
Edinburgh
04.2001 -

FCCA -

ACCA
London
04.2001 -

Bachelor of Science -

Oxford Brookes University
Oxford
04.2001 -

Skills

Financial Management

Affiliations

ACCA


Timeline

Group Chief Financial Officer

Universal Holdings Ltd
05.2018 - Current

Director of Finance

Kumusokolwe Enterprises
05.2013 - 12.2017

MBA -

Heriot Watt University
04.2001 -

FCCA -

ACCA
04.2001 -

Bachelor of Science -

Oxford Brookes University
04.2001 -

Similar Profiles

CREATE PROFILE
Jeff MusondaChief Financial Officer