Hiking
Sameera Bibi Ebrahim Shaik
Financial manager
Johannesburg
Summary
Financial Manager at Southern Sun with extensive knowledge and expertise in a competitive industry. Sharp ability to implement efficient and effective strategies, ensuring precise and high-quality results within tight deadlines. Confident in capacity to successfully tackle challenges by leveraging developed skill set. Experience includes involvement in automation projects that significantly enhanced problem-solving abilities. Qualified Chartered Accountant with completion of articles at a Big Four firm and passing board exams on first attempt. Current role involves leading a dedicated team to ensure compliance with policies and maintain financial accounts in accordance with IFRS standards, while meeting group and JSE listed deadlines. Collaborates closely with top management team and consistently completes tasks promptly without compromising on quality. Brings enthusiastic and professional demeanor to work, effectively navigating company procedures and prioritizing alignment of financial accounts with IFRS standards. Experience and knowledge in construction and manufacturing industries will aid in navigating the fast-paced environment. Thrives in high-performance conditions and well-equipped to complete key responsibilities of the role efficiently and successfully. Open to discussing the position further to demonstrate how contributions can support company's growth.
Overview
8
8
years of professional experience
4044
4044
years of post-secondary education
2
2
Languages
Work History
Financial Manager
Southern Sun
08.2022 - Current
- Responsible for the day-to-day accounting activities
- Responsible for the preparation and review of the Half year and year end booklets and integrated audited reports for JSE purposes
- Responsible for the budgeting and forecasting for the Group
- Responsible for the review of the quarterly board packs
- Responsible for the review of the BEE and value add statements on a quarterly and annual basis
- Responsible for the review over the investor slides
- Main contact person for the internal and external auditors together with liaising and ensuring both audits go off smoothly with minimum overruns
- Responsible for the review over monthly and quarterly reconciliations
- Review of the monthly Group Cashflows
- Optimized cash flow management strategies, ensuring sufficient funds were available for daily operations while maximizing returns on idle cash balances.
- Ensuring the finance team stays up to date with their CPD as well as ensuring that any new legislations/acts are communicated at the FinCo meetings
- Prepared comprehensive financial statements for executive review, aiding in effective decision-making processes regarding growth opportunities and resource allocation.
- Responsible for the performance and review of the Treasury function at the entity together with ensuring timeous payments of commitment fees and interest
- Enhanced financial reporting accuracy through regular audits and reconciliations, leading to improved decision-making capabilities.
- Approve vendor ensuring that the vetting process is followed thoroughly and completely
- Oversaw administrative staffing by recruiting, interviewing and onboarding new personnel.
- Responsible for the review over the VAT reconciliation process for SARS e-filing purposes
- Drafted reports for leadership for use in strategic planning and decision making.
- Preparation of the Annual Tax Returns for review by the Tax Department and preparation over the provisional taxes for the Group
- Delivered timely internal reports to various stakeholders detailing key aspects of the company''s financial health, ensuring transparency and clear communication.
- At year end, responsible for the preparation of the Weighted Average Cost of Capital calculation for review by the CFO, Preparation of the Goodwill impairment calculation, preparation of the impairment of investments in subsidiaries
- Contributed to effective hiring process by interviewing applicants and making recommendations for best candidate to leadership.
- At year end, responsible for the review of the property, plant and equipment impairment and residual value calculations
- Developed annual budgets in collaboration with financial director.
- Responsible for multiple ad hoc projects such as building a group income statement within our reporting system for ease of month end processes as this was previously done on excel, reconciling variances between the ERP system and the integrated audit report and investigating the variances to propose journals to be recorded in the ERP to enable a like for like comparison, implementation of the SAP4Hana (still on-going) to name a few
- Reason for leaving: Seeking more exposure and experience
Chief Financial Officer
Airbus Aerospace Nigeria Limited
04.2022 - 08.2022
- Responsible for the overall financial function and ensuring accounting records are accurate and complete
- Understanding the finances of the entity to assist in making good business decisions
- Maintaining the risk register and complying on a monthly basis with the entities ERM policies and procedures
- Providing guidance to the Managing Director on the finance topics
- Ensuring the policies and procedures are reviewed on an Annual basis
- Responsible for the monthly review of journals and reconciliations on a monthly basis
- Responsible for the monthly review and submission of withholding taxes and vat returns to comply with legislative requirements
- Reviewing invoices prior to it being submitted to the Inter-Company customer
- Drafting the budget and forecast and submitting this to the Airbus Defense and Space Group (Spain)
- Reviewing the Accounts payable ageing to maintain good relationships with our vendors
- Responsible for the completion and submission of the Internal Control Self-Assessment on an annual basis
- Responsible for any audits that impact the entity and ensuring the necessary planning goes into meeting the set deadlines either by Group or by the External party such as the Inland Federal Reserve Services
- Preparation of the bi-yearly BOD packs for presentation at the BOD meetings
- Ensuring the entity complies with all Nigerian tax requirements
- Negotiating price changes with the entities vendors
- Completing the annual insurance form for the Global Elected Insurer to ensure we are sufficiently covered
- Providing leadership and direction to the Finance Team
- Reason for leaving: A recruiter approached me for the Southern Sun opportunity which was the experience I was seeking .i.e JSE Listed and complexed group exposure
Financial Manager: Accounting and Reporting
Airbus Southern Africa (Pty) Ltd.
05.2021 - 08.2022
- Key contributor to annual operating plan and forecast
- Actively involved in the setup of financial targets with vast knowledge of the company's financial results and interpretation
- Responsible and accountable for timely and accurate submission of all monthly reports (Internal and External)
- Meeting Group Deadlines (France): Reporting of gross margin per program, Revenue per program and country, Bookings per program and country, Backlog, EBIT, Net profit, CAPEX, FOREX, General ledger allocation, sustaining costs, General and Administration costs, Selling costs
- Group reporting dashboard: Monthly commentary on results submitted to Group
- Gap analysis between actuals, budget and forecast Treasury reporting: Cash balances, FOREX, Interest, Actual vs
- Budget and forecast
- GAP analysis and interpretation of financial results
- Responsible for monthly updating and reporting of financial KPI's with detailed analysis of results
- Established sustainable monthly cost centre reports to compare actuals vs budget
- Automating manual processes and forms
- Managing and planning the annual financial audit and liaison with external auditors
- Preparation of the annual financial statements
- Managing and improving the company's entire financial accounting, monitoring and reporting systems
- Responsible for accurate recording of all financial related data within all ERP systems (SAP,SAGE, CaseWare)
- Managing the full financial function for Airbus Kenya branch including management accounts, tax audit and tax return
- Managing and accountable for work-in-progress accuracy for the entire company
- Managing the full accounting functions of the company
- Responsible for managing the full bank and CAS function (Treasury) including cash flow control
- Management of cost allocations; profit centre accounting, gross margin allocations, general ledger accounts, programs and cost centres
- Responsible for capex management and tracking thereof
- Reviewing the accuracy of all financial data within SAP, SAGE, CaseWare
- Responsible for reviewing the accounting policies on an annual basis to ensure it is line with IFRS requirements and aligns with developments in the business and business processes
- Responsible for developing a detailed month end close process as well as year- end close process
- Responsible for developing a detailed SOP for the accounting and reporting teams task in the interest of business continuity
- Submission of the annual South African Reserve Approvals
- Enforcing the 4 eyes principle i.e
- SOD, journals and balance sheet
- Ensuring full financial compliance in terms of group directives
- Completion of the Internal Control Self-Assessment for accounting and reporting each year together with evidence gathering
- Contributing to company risks and enterprise risk management
- Screening new clients in line with AML and KYC company procedures
- Actively involved in the tender process, more specifically providing guidance in terms of finance and tax topics
- Reviewing the payroll file on a monthly basis prior to sign off by the executives and payment thereof
- Managing all aspects of VAT, Payroll Taxes, Annual tax returns (including Kenya tax) and dividend tax on the SARS e-filing systems as well as preparation and calculation of the annual taxation (income tax and deferred tax)
- Responsible for all One Roof (Shared Services) within Airbus Southern Africa
- Responsible for the full accounting shared services for Airbus Aerospace Nigeria and Kenya
- Monthly accounting and invoicing for Airbus Defense and Space and AHIS
- Scientrix super user for the company and responsible for creating new profiles for the new joiners and providing the necessary training
- Projects I have been responsible for: Cost Harmonization, Disaster Recovery Plan, Change in banks from ABSA to Citi Bank, Opening a bank account in Kenya, Drafting all policies and procedures for Airbus Aerospace Nigeria together with providing the necessary training, Internal finance customer satisfaction survey and action plans, Developing a travel claim form with advanced excel formula's to align with the detailed travel and expense policy
- Reason for leaving: Seeking JSE and complexed group reporting experience
Report to Record Manager
DHL International (Pty) Ltd t/a DHL Express
03.2020 - 05.2021
- Maintain and ensure the financial accounts are kept in line with IFRS and Global Policy
- To ensure all CREST submissions meet corporate deadlines and are in line with Global Policy
- Preparation of annually ZA budget
- Preparation of annual cash flow forecast and monthly cash flow forecast
- Review and approve the Balance Sheets to ensure that they are maintained appropriately and kept up to date and that they are aligned with IFRS and Global Policy and to host monthly balance sheet review meetings with the Financial Manager and the CFO
- First point of contact relating to all financial accounting matters for ZA
- First point of escalation for all financial matters
- Perform, monitor and advice on risk assessment according to the internal company guidelines and Global model
- Responsible for analytical review over the Financial accounts
- Monthly reporting to the Regional offices
- Preparation of Income Tax computation for Financial Manager and CFO review on a quarterly basis
- Submission of Provisional Tax and Corporate Income Tax to SARS
- Review of Vat reconciliation
- Review of Annual Financial Statements prior to submission to external auditors
- Management of fixed asset register and review monthly additions and disposals together with overseeing annual fixed assert verifications procedures
- Internal financial accounting control policies and procedures, (CRISP controls) are executed timely and accurately and all relevant backups are saved in the appropriate folders
- Organise and support internal and external auditors in the most efficient way
- Assist in implementation of automation projects and resume project management responsibility relating to cost saving activities
- Manage a team of 10 and provide support and coaching on a regular basis
- Assist in setting Key Performance Indicators and performing appraisals thereof
- Reason for leaving: Seeking a Financial Manager role
Senior Associate- Auditor
PricewaterhouseCoopers LLC (United States)
11.2019 - 03.2020
- Assisting with managing the audit team
- Liaising with the client and providing feedback to the audit Managers and Partners
- Completing the planning
- Creating an audit budget
- Performing audit testing
- Reviewing all audit work performed by the junior members of the team
- Main Client: Teva Pharmaceuticals
Associate to Senior Associate
PricewaterhouseCoopers
01.2017 - 10.2019
- Managing the audit team
- Liaising with the client and providing feedback to top management
- Deploying new audit files and project codes
- Completing the planning and overall audit approach
- Creating an audit budget
- Providing coaching to junior team members
- Performing audit testing
- Clients: DHL Global Forwarding South Africa (Pty) Ltd, Toyota South African Motors (Pty) Ltd, Thebe Investment Corporation (Pty) Ltd, Bidvest Panalpina Logistics, ThyssenKrupp Industrial Solutions Africa (Pty) Ltd, SPAR Group Ltd
Education
B.Com Honours - Chartered Accounting
University of Johannesburg
03-2017
Bachelor of Accounting - Cum Laude
University of Johannesburg
03-2016
Matric -
The Hill High School
Johannesburg, South Africa 04.2001 - 01.2012
Skills
- Innovative
- Tax planning
- Staff leadership and development
- Polished communication skills
- Financial audits
- IFRS expertise
- Staff training
- Financial management
- Internal controls
- Process implementation
- Fixed asset accounting
- Risk mitigation
- Financial reporting and analysis
- Highly detail-oriented
- Quantitative and qualitative analysis
- Budgeting and financial management
- Cash flow management
- Advanced financial analysis
- Active listening
- Delegation skills
- Good relationship skills
- Strong EQ
- Strong work ethic and integrity
- Conflict resolution skills
Bank reconciliation
- Displays emotional resilience and the ability to withstand pressure
- Use of sound judgement to make good decisions based on information gathered
- Deadline driven
- Effective project management skills
- Positive attitude
- Problem-solving skills
- Innovative
Accomplishments
- Passed Board 1 and Board 2 first attempt
- Cum Lauded in the Bachelor of Accounting Degree
- First time passes for all years completed at University
- Ujenius Club member- 2015
- Member of the Golden Key International Honours Society- 2015
- Obtained four Distinctions in Matric
- Served as a prefect in 2012
- Obtained half colours in Academics in 2011
- Obtained certificate of merit from the Glenmore Eco-Centre- 2009
- At DHL International, I was the main contact to the VAT re-assessment team resulting in roughly a R3 million saving in VAT transactions
- Appointed as Chief Financial Officer for Airbus Aerospace Nigeria whilst still maintaining the Financial Manager role at Airbus Southern Africa (Pty) Ltd. 10 months into my role at the entity.
- Scientrix super user for Airbus Southern Africa
- Only licensed holder of Smartsheet in the Finance space to ensure I can draft and maintain shared documents for the Finance Team and the hotels that would result in efficiencies.
- Key role player of the SAP4 Hana implementation team – go live date is 02/19/23
- Unofficial IFRS specialist in the Southern Sun team – this requires me to complete accounting write ups for any big business transactions we are party to for audit purposes.
Attributes Skills
- Strong leadership skills
- Good soft skills and people skills
- Well spoken
- Innovative
- Problem-solving skills
- Positive attitude
- Effective communication skills (written and verbal)
- Effective project management skills
- Coaching mind set- uplift and empowering my teams
- Team Player
- Deadline driven
- Use of sound judgement to make good decisions based on information gathered
- Displays emotional resilience and the ability to withstand pressure
- Conflict resolution skills
- Strong work ethic and integrity
- Strong EQ
- Good relationship skills
- Delegation skills
- Active listening
- Self awareness
- Compassion
- Respect
- Adaptability
- Strategic thinking
- Encourage feedback
- Analytical reasoning
- Resilient
- Flexible
- Committed
- Creative
- Structured
Employment Equity
Asian (Female)
Physical Address
Ferndale, Randburg, Gauteng
Current Employer
Southern Sun
Current Role
Financial Manager
Division
Finance
Personal Information
- Available: One month notice period
- Date of Birth: 01/19/94
- Nationality: South African
Interests
Camping
Zip Lining
Reading
Cooking and Baking
Playing Volleyball
Timeline
Financial Manager
Southern Sun
08.2022 - Current
Chief Financial Officer
Airbus Aerospace Nigeria Limited
04.2022 - 08.2022
Financial Manager: Accounting and Reporting
Airbus Southern Africa (Pty) Ltd.
05.2021 - 08.2022
Report to Record Manager
DHL International (Pty) Ltd t/a DHL Express
03.2020 - 05.2021
Senior Associate- Auditor
PricewaterhouseCoopers LLC (United States)
11.2019 - 03.2020
Associate to Senior Associate
PricewaterhouseCoopers
01.2017 - 10.2019
Matric -
The Hill High School
04.2001 - 01.2012
B.Com Honours - Chartered Accounting
University of Johannesburg
Bachelor of Accounting - Cum Laude
University of Johannesburg
Similar Profiles
Hydeen MthembuHydeen Mthembu
Maintenance Technician at Southern SunMaintenance Technician at Southern Sun
Zeeshan NaseerZeeshan Naseer
Waiter at Southern SunWaiter at Southern Sun
Letlhogonolo Patrick MolefeLetlhogonolo Patrick Molefe
Hotel Waiter at Southern SunHotel Waiter at Southern Sun