Xero Accounting
Reason Mhembere
Management Accountant
Somerset West
Summary
A seasoned professional with extensive experience in Financial and Management Accounting, offering expertise in budgeting, financial reporting, cash flow management, financial modeling, inventory control, and fixed asset register oversight. Proven track record in payroll management, cost analysis, and managing international transactions. Currently serving as a Management Accountant at Home Assist Technologies (since June 2024), overseeing critical financial operations and ensure regulatory compliance. Additionally, serving as Chief Financial Officer (CFO) for Divine Support Services, Australia (since January 2024), leading strategic financial planning, risk management, and overseeing all audits, including NDIS and compliance audits, to secure financial stability and adherence to industry standards.
Overview
12
12
years of professional experience
5
5
years of post-secondary education
Work History
Management Accountant
Home Assist Technologies (Pty)Ltd
Salt River , Cape Town
6 2024 - Current
- Responsible for preparing and analyzing management accounts and reports
- Budget planning, cash flow forecasting, and financial reporting
- Overseeing cost accounting and maintaining internal controls on inventory and assets
- In charge of payroll management, tax submissions, and compliance with local regulations.
- Implemented cost allocation methodologies for better understanding departmental expenses and driving accountability within the organization.
- Reduced operational costs by identifying inefficiencies in workflows and implementing process improvements.
- Ensured compliance with GAAP, tax regulations, and industry best practices through continuous monitoring and updating of accounting policies.
- Managed a team of junior accountants, providing mentorship and guidance to ensure consistent growth in their professional skills.
- Strengthened internal controls by conducting regular audits and recommending policy updates as needed.
- Optimized cash flow management strategies by analyzing historical trends, improving forecasting models, and minimizing working capital requirements.
- Developed and maintained strong working relationships with key stakeholders, including department heads, vendors, and banking partners.
- Supervised team of accounting technicians, liaising between colleagues and management.
- Controlled and forecasted incomes and expenditures.
- Prepared thorough reports, commentaries and financial statements.
- Assisted company leaders with financial decisions.
- Enhanced profitability analysis methods by incorporating non-financial metrics into evaluations, resulting in a more holistic view of company performance.
Chief Financial Officer (CFO)
Divine Support Services (Australia)
Melborne
01.2024 - Current
- Leading financial strategy and operational planning for the organization
- Managing all financial risks, overseeing cash flow, and ensuring compliance with Australian financial standards
- Overseeing all audits, including those conducted by relevant authorities and NDIS audits, ensuring full compliance with industry regulations
- Collaborating with senior management on business decisions and performance improvement initiatives
- Implementing project-based financial analysis and guiding the financial team across various regions.
- Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Implemented tax planning strategies that minimized liabilities while ensuring full compliance with local, state, and federal laws.
Finance Manager
Bottega Family Wines (Pty) Ltd
Somerset West
10.2020 - 12.2023
- Prepared monthly cash flow forecasts and oversaw full costing functions for wines, gins, and other farm projects
- Managed budgets, financial reporting, and inventory control across the group
- Led payroll management on Sage and VIP systems
- Identified and mitigated financial risks, ensuring effective control systems
- Liaised with stakeholders, suppliers, and customers for seamless payment negotiations.
- 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.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Developed comprehensive financial reports for executive decision-making support.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
Accountant/Senior Bookkeeper
Blue Willow Aluminium (Pty) Ltd
Milnerton
01.2020 - 07.2020
- Processed payroll, prepared budgets, and completed SARS submissions (VAT, PAYE)
- Managed the company's cash flow, financial reporting, and risk assessment
- Liaised with suppliers and customers, maintaining strong relationships and negotiating payment terms
- Provided management reports, cost analysis, and bank reconciliations.
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Used advanced software to prepare documents, reports, and presentations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
Accountant & Export Logistics Coordinator
Chamonix Wine Estate
08.2016 - 01.2020
- Handled product costing for wines using absorption costing methods
- Prepared budgets, cash flow models, and management accounts
- Managed export trade logistics and debtor/creditor invoicing
- Provided payroll services and maintained fixed asset registers.
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
- Optimized cash flow management, ensuring adequate liquidity for operational needs without compromising investment opportunities.
- Improved financial decision-making by creating comprehensive financial models and forecasts.
- Improved budget forecasting accuracy with detailed variance analysis between actual and budgeted figures.
- Facilitated smoother audit processes by maintaining organized and comprehensive financial documentation.
- Reduced financial risks by implementing robust internal controls and monitoring mechanisms.
Accountant Intern
TM Building Suppliers CC
01.2015 - 09.2016
- Processed accounts payable/receivable, payroll, and VAT submissions
- Produced monthly management reports, conducted stock variances analysis, and managed the audit process.
Finance Administrator
Wagon of Hope Foundation NPO
01.2013 - 12.2014
- Managed USAID TB Care11 program administration, logistics, payroll, and donor project reporting.
Education
Cost & Management Accounting - BTech Degree
Cape Peninsula University of Technology
Cape Town 01.2012 - 12.2015
Some College (No Degree) - Certificate in Business Accounting (CIMA Cert. BA)
CIMA
Cape Town , South Africa 01.2017 - 12.2017
Skills
Internal Controls
References
- Idai Kadzombe, Devine Support Services-Australia, idai@divinesupportservices.com.au, +61 466 631 449
- Ilana J v Vuuren, Blue Willow Aluminium, ilana@alu.bwg.co.za, +27 (0)878 208 208
- Yacine Fick, Blue Willow Aluminium, +31 61 610 9697
- Bradley van Wyk/Liesel Williams, Cape Chamonix Wine & Springwater, accounts@chamonix.co.za, 021 876 8414 / 076 410 5045
- Gwen Zimri, TM Building Suppliers, admin@tmwood.co.za, 021 905 5404
- Ian Hamilton, Inducote Powder Coaters, igbhamilton@gmail.com, +27(0)82 553 6221
- Muhammed Ali Mukasa, Wagon of Hope Foundation, Mukally@yahoo.com, 072 744 4391/021 868 0204/021 868 2531
Software
Sage Accounting
Pastel Partner
Google Docs
Sage 50
Microsoft 365
Languages
English
Bilingual or Proficient (C2)
Xhosa
Upper intermediate (B2)
Afrikaans
Elementary (A2)
Interests
Data Analytics
Financial Analytics
Timeline
Chief Financial Officer (CFO)
Divine Support Services (Australia)
01.2024 - Current
Finance Manager
Bottega Family Wines (Pty) Ltd
10.2020 - 12.2023
Accountant/Senior Bookkeeper
Blue Willow Aluminium (Pty) Ltd
01.2020 - 07.2020
Some College (No Degree) - Certificate in Business Accounting (CIMA Cert. BA)
CIMA
01.2017 - 12.2017
Accountant & Export Logistics Coordinator
Chamonix Wine Estate
08.2016 - 01.2020
Accountant Intern
TM Building Suppliers CC
01.2015 - 09.2016
Finance Administrator
Wagon of Hope Foundation NPO
01.2013 - 12.2014
Cost & Management Accounting - BTech Degree
Cape Peninsula University of Technology
01.2012 - 12.2015
Management Accountant
Home Assist Technologies (Pty)Ltd
6 2024 - Current
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