Reginah Makutsoane

We started the business in 2015 and we export good and services to the USA, Japan, Europe and Zambia.

• Devised processes to boost long-term business success and increase profit levels.
• Set, enforced and optimized internal policies to maintain responsiveness to demands.
• Promoted business via social media to generate leads and maximize brand identity.
• Managed purchasing, sales, marketing and customer account operations efficiently.

Reported to the Managing Director: Rest of Africa with a dotted line reporting to the Chief Financial Officer. Oversaw the financial performance for entities outside South Africa (Kenya, Botswana, Mozambique, Nigeria and Zambia)

• Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
• Managed budgets, assets, accounts payable and receivable and general financial reporting procedures.
• Accurately completed financial statement audits and thoroughly reviewed results.
• Managed outstanding account receivables balance, Improved collections from 120 days to 60 days

Reported to the Chief Executive Officer and Chief Financial Officer, with a dotted line reporting to the General Manager on mine. Annual procurement spends of R1.1bn, 26 direct reports, operations located in Limpopo.

• Integrated financial and operation plans with strategic objectives to deliver improved operational and financial results to boost customer satisfaction, profitability and working capital.
• Facilitated change management strategies and incorporated functional area infrastructure to support demand planning and supply initiatives.
• Negotiated with suppliers and vendors about contracts, policies and deadlines.
• Drove key performance indicators and continuous improvements throughout logistics and supplier operations.
• Handled production, manufacturing, purchasing, procurement, warehouse management, logistics management and other supply chain functions to facilitate business operations.
• Saved R15.8m by implementing cost-saving initiatives that addressed long-standing problems.

Reported to Finance Manager: Research and Development. Managing budget of over 150 million, with annual Turnover of 250 million.

• Compiled budget figures by reviewing past budgets, evaluating estimated income and assessing expenses.
• Contributed to financial and operational risk reduction by evaluating effectiveness of controls and subsystems.
• Enhanced customer satisfaction by uncovering and correcting outstanding financial problems and account errors.
• Produced timely and accurate financial and progress reports and submitted for consideration during key decision-making process.

Reported to both the Concentrator Manager and Senior Finance Manager with Ten Direct Reports. Mogalakwena Concentrator comprised of two concentrators and a shared services department managed a budget of R2bn, with an asset base of R5bn.

I analyzed concentrator wide spending, set up a plan and implemented plant walk downs to align cost back to budget and identified stock to the value of R50m not recorded.

• Managed entire accounting cycle, including gathering information, preparing documents, finalizing reports and closing books.
• Prepared management reports and presentations for monthly, quarterly and annual operational reviews analyzing performance against budget and forecast and operational challenges and initiatives.
• Performed advanced reviews of business operational trends and expected obligations to prepare accurate forecasts.
• Managed supply chain on operation which included reviewing stock and critical spares list, provisions for redundancy, reviewing contracts service levels/pricing and purchase orders being placed are competitive and in line with budgeted figures.
• Enforced compliance with corporate governance, IFRS and strategy of business.
• Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement.

Reported to the Plant manager and Senior Finance Manager, with two direct reports

• Set up and improved accounting systems and processes to meet business needs and maximize operational success.
• Developed and implemented effective accounting systems.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
• Performed advanced reviews of business operational trends and expected obligations to prepare accurate forecasts.
• Enforced Company Policy and Procedures in relations to delegation of authority and IFRS/GAAP compliance.

• Developed essential technical and soft skills to successful
• SAIPA program covered Tax, Financial Accounting, Management Accounting, Supply Chain, Auditing, Corporate Finance, Capital expenditure which was successfully signed off in 18 months
• Completed detailed training manual in every area of SAIPA program.