Reginald Hendry
Finance Manager (ACPA)
Dar Es Salaam,02
Summary
Forward-thinking team leader skilled at operating departments efficiently to meet goals. Successful background matching employees with roles for maximum performance. Proactive and hardworking individual focused on continuous operational improvement. Business-minded FM promoting more than Seven (7) years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
7
7
years of professional experience
2
2
Certifications
Work History
Finance Manager
Unitrans Tanzania Limited
03.2022 - Current
- Developed a reporting system that tracks costs down to activity level, which enabled cost optimization
- Develop organization's risk matrix and liaise with operational departments to develop mitigating measures
- Reduced reliance on external consultants by developing an in-house finance expertise center.
- Monitor financial KPIs such as revenue growth & profit margin and ensure timely reporting
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Advise the Board on matters related to accounting and finance and make sure that all the accounting practices are in accordance with IFRS
- Spearheaded implementation of financial software systems to enhance productivity and reporting capabilities.
- Reviewed and approved capital expenditure requests, aligning with corporate objectives.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Developed comprehensive financial reports for executive decision-making support.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Develops and documents business processes and accounting policies to maintain and strengthen internal controls
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Collaborated with cross-functional teams for strategic business planning and growth initiatives.
- Managed multimillion-dollar budgets, ensuring accurate allocation across departments.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Facilitated effective financial decision-making by presenting complex data in simple visualizations.
- Increased financial efficiency by streamlining and automating financial reporting processes.
Audit Senior
Deloitte East Africa
09.2019 - 02.2022
- Advised management and the Board of Directors on internal control weakness, operational improvement areas and implementation of audit recommendations
- Drive efficiency through forecasting project budget costs, approve expenditures in line with the budget and analyze variances
- Led audit engagement teams for audit of financial institutions, review the audit work papers for Associates and Senior Associates
- Assessed company’s compliance with laws and regulations, together with the accounting standards that became effective and provide recommendations on areas for improvement
- Developed strong relationships with clients, addressing concerns promptly and providing timely updates on progress throughout the engagement process.
- Conducted walkthrough of various business processes, gaining an in-depth understanding of operations while identifying potential control weaknesses.
- Performed financial monitoring and reviewed accountability of funds on a $100 million, 5 year USAID Boresha Afya project
- Managed multiple engagements simultaneously, prioritizing tasks effectively to meet client deadlines consistently.
- Reduced financial discrepancies by conducting thorough internal audits and identifying areas for improvement.
- Stayed current on industry trends and accounting standards changes, ensuring that all audit activities adhered to applicable guidelines at all times.
- Collaborated with cross-functional teams to develop comprehensive audit plans, ensuring accurate financial reporting.
- Assisted in the preparation of audit reports, presenting findings clearly and concisely to senior management for review.
- Strengthened internal controls by evaluating the effectiveness of existing policies and recommending improvements where necessary.
- Increased overall reliability of financial statements by performing detailed reviews of account reconciliations and supporting documentation.
- Provided guidance to junior auditors on best practices, fostering a collaborative working environment and enhancing team performance.
- Improved company compliance with laws and regulations through regular monitoring of accounting procedures.
- Leveraged knowledge gained from attending professional conferences to identify emerging risks impacting businesses'' operations.
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
Audit Associate
Deloitte East Africa
08.2017 - 08.2019
- Reviewed regulatory environment and recommend to the management how to accommodate the changes in the regulatory environment into their business processes
- Reviewed business processes and assess the design, implementation and operating efficiency of controls affecting financial reporting
- Conducted walkthrough with process owners to gain a thorough understanding of business operations.
- Identified opportunities for cost savings through effective expense analysis during audits.
- Led training sessions on new auditing software and tools, increasing team proficiency and productivity.
- Reviewed internal audit reports and establish status of implementation of the recommendations raised by the internal auditors
Education
Associate Certified Public Accountant - Accounting, Auditing And Business Management
National Board of Accountants And Auditors (NBAA)
Dar Es Salaam, Tanzania 04.2001 -
Certified Public Accountant - Accounting And Business Management
National Board of Accountants And Auditors (NBAA)
Dar Es Salaam, Tanzania 04.2001 -
Bachelor of Commerce - Accounting And Finance
University of Dar Es Salaam Business School (UDBS)
Dar Es Salaam, Tanzania 04.2001 -
Skills
Budget Forecasting
undefinedAccomplishments
- I managed to reduce fines and penalties from tax audits from TZS 450M in financial year 2021 to TZS 70M in FY 2022
- Achieved a cost saving of 4.5% of costs by introducing a "daily pocket of excellence" to track daily expenses.
- Improved the Company's cash flow by accelerating collections from customers due to a good relationship built with customers since I joined
- Managed a proper financial reporting at the transition of functional currency from USD to TZS in FY 2023 financial statements
- I managed to get a clean audit report with no audit findings in two consecutive years as the Finance Manager
- Achieved timely submission of month-end reports to the Group CFO and the General Manager for 24 consecutive months
- Supervised team of 10 staff members in Finance and Procurement sections.
Certification
Associate Certified Public Accountant
Reading books and magazines, Swimming, listening to gospel music
I'm always excited to read new books about business, personal finance, marital as well culture and beliefs subjects.
I always enjoy playing background gospel music while doing my meditation
Timeline
Associate Certified Public Accountant
12-2023
Finance Manager
Unitrans Tanzania Limited
03.2022 - Current
Audit Senior
Deloitte East Africa
09.2019 - 02.2022
Certified Public Accountant
12-2018
Audit Associate
Deloitte East Africa
08.2017 - 08.2019
Associate Certified Public Accountant - Accounting, Auditing And Business Management
National Board of Accountants And Auditors (NBAA)
04.2001 -
Certified Public Accountant - Accounting And Business Management
National Board of Accountants And Auditors (NBAA)
04.2001 -
Bachelor of Commerce - Accounting And Finance
University of Dar Es Salaam Business School (UDBS)
04.2001 -
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