NDIVHUWO NENGOVHELA

· Working with the Headmaster and the Board of Directors to plan, develop, implement, and direct the organization’s operational and fiscal function and performance.

· Act as a strategic partner by developing and implementing the company’s plans and programs.

· Analyze the effects of long-term growth initiatives, planning, new strategies, and regulatory actions.

· Perform accurate analysis of financial trends and budgets to help the BOD as well as the senior executives will increase credibility and authority.

· Implement, improve, and enforce policies and procedures that will increase the financial and operational effectiveness of the company.

· Communicate effectively and establish credibility throughout the organization and with the Board of Directors as an effective developer of solutions to business challenges.

· Provide expert financial guidance and advice to others within executive leadership.

· Improve the planning and budgeting process continually by educating departments and key members of corporate leadership.

· Provide strategic input and leadership on decision-making issues affecting the organization, specifically evaluating potential mergers, acquisitions, or partnerships.

· Optimize the handling of banking relationships and work closely with Headmaster to foster and grow strategic financial partnerships.

· Work with the finance team to develop a solid cash flow projection and reporting mechanism, which includes setting a minimum cash threshold to meet operating needs.

· Act as a strategic advisor and consultant offering expert advice on contracts, negotiations, or business deals the corporation may enter.

· Evaluate the organisation’s financial, operational, and sales and marketing structures to plan for continual improvements and a continual increase in operating efficiencies.

· Mentor and interact with staff members at all levels to foster growth and encourage development among the senior executive team and all staff members.

• Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
• Executed vendor setup and payment, administration of bank accounts and account reconciliations.

• Wrote and implemented standard operating procedures for credit personnel to achieve consistency in unit operations.
• Oversaw reporting, documentation and recordkeeping requirements for department.
• Streamlined processes for early identification of potential credit system and monitoring problems.
• Optimized credit approval and collection processes, improving operational efficiencies by over 15 %.
• Maintained full knowledge of current regulatory environment and made proactive adjustments to meet changing requirements.
• Reported key performance indicators to department heads for management of positive cash flow and to adjust credit risk policies and procedures.
• Provided resources and expertise for conversion, validation and training required for company-wide software updates.

• Involvement in strategic projects from initiation to completion to identify sources of risk and collaboration with other functions to develop and implement proactive, business-orientated solutions to mitigate and manage these risks
• Development and implementation of risk dashboards
• Assistance in the development and implementation of governance and operational risk tools to ensure adequate assessment, monitoring, and management of risk
• Partnering with business units and functions within the First Rand Group to pro-actively develop and implement solutions for the management of Operational, Business, Regulatory, Compliance, Legal and other risks
• Provision of analysis, insights, and management information to manage Operational and Business Risks within FNB Business and all legal entities
• Monthly risk reporting to the Head of Risk and Chief Risk Officer to highlight significant project risks and the impact of the risks on the group
• Ensuring that internal audit findings in the project office are reduced to a minimum and assisting the project office in clearing any internal audit findings.
• Developed short-term goals and long-term strategic plans to improve risk control and mitigation.
• Encouraged stakeholders to approach assessments analytically and offer unique insights to bring new understanding to risk management programs.

• Led the team that compiled and updated the Fixed Assets register for the South African National Department of Public Works (The biggest fixed state-owned assets register)

• Providing Financial Accounting Advisory services to clients

• Devising structures to assist with Financial Reporting

• Performing the conversion of financial statements from GAAP to IFRS reporting framework.

• Providing advisory services on the application of IFRS reporting requirements in the preparation of financial statements.

• Planning and performance of statutory audits and review engagements.

• Take responsibility for the team as the Auditor in Charge and ensure that the engagement runs smoothly.

• Preparing engagement budgets and monitoring the work in progress against the budget as the engagement progresses.

• Research challenging technical queries and resolve them.

• Delegation of audit work and actively guiding first-year and second-year accountants

• Skills transfer to junior trainees

• Reviewing financial statements to ensure compliance with IFRS, Local Companies Act, other applicable regulations, and JSE Listing Requirements