Samuel Lunga
Lyndhurst,South Africa
Summary
Business-minded Finance Manager promoting more than 9 years of expertise overseeing transactions and reconciling monthly financial reports. A highly collaborative individual with a track record of effectively training and coaching staff members. Offering confidence, team collaboration, and decision-making skills.
Overview
20
20
years of professional experience
8
8
years of post-secondary education
Work history
Senior Consultant
Lungisa Business Solutions (Pty) Ltd
Johannesburg , South Africa
2018.06 - Current
- Consulting with various clients including the Government of Tristan da Cunha, providing the following services:
- Working closely with clients to understand their financial and business needs, providing advisory services, offering solutions, and strategies to improve financial performance, optimizing processes, and achieving business goals, through preparing budgets, tax planning, financial forecasting, and risk management assessments.
- Analyzing financial data, interpreting financial statements, assessing profitability, liquidity, and solvency, and identifying areas for improvement or potential risks.
- Staying up-to-date with accounting standards, tax regulations, and industry-specific compliance requirements, ensuring that clients adhere to relevant laws and regulations, minimizing the risk of legal issues or penalties.
- Providing mentorship, guidance, and training to junior staff, ensuring that the team delivers high-quality services to clients.
- Participating in networking events, seeking out new clients, and building strong relationships with existing clients to secure future business opportunities.
- Embracing and implementing technology solutions in accounting processes, identifying and integrating accounting software and other technological tools to streamline workflows and enhance efficiency.
- Managing complex projects for clients, ensuring that deliverables are met within budget and on schedule.
- Staying updated with the latest developments and trends to provide the best advice and services to clients.
Finance Manager
Aha Bongani Mountain Lodge
Nelspruit, South Africa
2016.03 - 2018.06
- Compiled Annual Financial Statements.
- Prepared audit schedules, collaborating with external auditing to verify compliance with all regulations.
- Collaborated with team for annual capital and operating budgets, forecasts and financial reporting and analysis.
- Executed system and process improvements for enhanced finance department efficiency.
- Developed and implemented financial process improvements to minimise departmental inabilities.
- Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.
- Managed group cash flow with comprehensive weekly financial updates.
- Consolidated capital management, cash flow analysis and reconciliations statements.
- Introduced internal controls to monitor critical areas of financial control and devised corrective actions addressing risks and deficiencies.
- Formulated monthly variance reports for strategic budgeting and forecasting.
- Processed payroll for employees, determining team receive timely payments.
- Created board presentations to clearly articulate financial strategy.
- Maximised year-end tax benefits by efficiently managing cash flows.
Accountant
Naledi Rail Engineering
Johannesburg, South Africa
2009.07 - 2014.01
- Drafted Annual Financial Statements
- Prepared balance sheet reconciliations
- Provided accurate monitoring information to budget holders on a monthly basis.
- Prepared monthly bank reconciliations and submitted compiled reports to shareholders.
- Liaised with and managed relationships with external auditors to prepare excellent audit reports.
- Filed tax returns and prepared governmental reports in compliance with strict standards.
- Collected and collated information and data to prepare annual budgets and forecast projections.
- Maintained strict confidentiality over employee data in compliance with internal organizational policies.
- Created periodic reports comparing budgeted costs to actual costs.
External Auditor
Nexia-SABT
Pretoria, South Africa
2014.02 - 2016.02
- Reviewing client's financial statement for compliance with IFRS and/or US GAAP
- External audits for various companies both listed and non-listed
- Determining the level of risk
- Documentation of the audit plan
- Evaluate risks in the internal control structure and make necessary changes to the audit plan
- Coordinate the engagement including managing the resources taking into consideration the deadline and the budget
- Carry out and document compliance, internal control testing substantive test, and other audit work
- Evaluate evidence, demonstrate professional skepticism, investigate areas of concern and make full documentation and highlight significant issues
- Assess sufficient audit evidence and express an opinion.
- Stayed abreast with industry trends, technology, and development.
- Provided advice to management regarding company strengths and weaknesses.
Accountant
Naledi Rail Engineering (Pty) Ltd
Langlaagte, South Africa
2009.07 - 2014.01
- Created periodic reports comparing budgeted costs to actual costs.
- Provided accurate monitoring information to budget holders on a monthly basis.
- Prepared monthly bank reconciliations and submitted compiled reports to shareholders.
- Investigated budget variances to identify causes and suggest corrective action.
- Liaised with and managed relationships with external auditors to prepare excellent audit reports.
- Filed tax returns and prepared statutory reports in compliance with strict standards.
- Checked and imported payroll and pension data to pay salary deductions.
- Collected and collated information and data to prepare annual budgets and forecast projections.
- Maintained strict confidentiality over employee data in compliance with internal organisational policies.
- Reconciled control accounts monthly, investigated variances and initiated corrective action.
Senior Bookkeeper
Millennium Management Consulting
Johannesburg, South Africa
2008.08 - 2009.07
- Managing between 20 to 25 small to medium enterprises per month
- Liaison with different business owners and/or directors
- Responsibilities
- Assisting in the preparation of management accountants
- Creating general ledger accounts for new clients
- Write up and process bookkeeping entries.
- Capturing sales invoices, purchases invoices, cash book, and petty cash
- Capturing monthly standing journals such as payroll journals, provisions, and prepayments e.t.c
- Completion and submission of all statutory returns including: - o VAT - VAT201 o PAYE o IT12 o IT14 o EMP501 o Return of earnings - Department of Labor o Compromise deal
- Dealing with SARS, handling queries and audits
- Application for Tax Clearance Certificate and
- Preparation of the month-end Review Packs
- Maintenance of Asset register
- Preparation of Labor Overtime Reports with the HR Department
- Month-end Journals and GL Reconciliations
- Processing VAT journals for the month-end process
- Month-end reconciliation of Balance Sheet Accounts
- Making provision for the working cost
- Variance Analysis and Cash Flow Projections
- Vendor Registration Authorization
- Management of petty cash
- Prepares, enters, and distributes general ledger journal entries for completion of the monthly financials
- Prepares account or sub-ledger analysis with strong audit documentation support
- Ensuring that the IFRS standards are complied with and adhered to.
Seniour Accountant
Safari Par Excellence
Victoria Falls, Zimbabwe
2007.05 - 2008.06
- Managing the following Departments; Administration, Debtors, Creditors, Stores and Materials, Stock, Billing, and Procurement
- Monthly narrative management accounts
- Consolidating monthly reports for 6 units namely Sales, Elephant Back Safaris,Rafting,Shops, Lion Walks, and Lodges
- Drafting Annual Financial Statement
- Monthly Cash controls, forecasts, and budgeting
- Maintaining the general ledger up to the balance sheet
- Liaison with externals Tax authorities, labor, and other relevant bodies
- Bank Reconciliation of both foreign and local accounts
- Standing Journals ( Depreciation, Accrual, provision, and payroll )
- Monthly payroll and pay slip advice
- Assisting in Debtors, creditors, Inventory, and fixed assets management.
Accounts clerk
Shearwater Adventures
Victoria Falls , Zimbabwe
2004.01 - 2007.04
- Helped to compile corporate and personal tax returns.
- Processed, verified, and reconciled invoices with a meticulous eye for detail.
- Employed Microsoft Excel skills to organise and manipulate large data sets.
- Read and interpreted relevant regulations and legislation to maximise compliance.
- Prepared and submitted VAT returns ahead of deadlines.
- Communicated with suppliers to reconcile invoice payments.
- Analysed financial information to detect and resolve discrepancies quickly.
- Reconciled company credit cards, employee expenses and commissions.
- Managed personal workload to submit reports and documentation within tight timeframes.
- Managed time strategically to prioritize urgent tasks.
- Balanced reports to submit for approval and verification.
- Built solid working relationships with clients using exceptional communication skills.
Collections Clerk
Edgars Stores
Bulawayo, Zimbabwe
2003.02 - 2003.12
- Following up on long outstanding payments
- Provided invoices and sent reminders for outstanding payments.
- Formulated and submitted weekly reports to the manager.
- Answered phones, replied to emails and directed calls to appropriate department.
- Practiced confidentiality to adhere to company procedures.
Education
Bachelor of Accounting - Financial Accounting
University of South Africa
South Africa 2009.01 - 2013.12
A-Levels - Mathematics , Accounting and Management of Business
Luveve High School
Zimbabwe 1998.01 - 2000.12
Skills
- Financial analysis
- Reporting and documentation
- Performance reviews
- Management accounting
- Inspiring team leadership
- Coaching and training
- UK GAAP knowledge
- Xero proficient
- Cashflow forecasting
- Financial policy creation
- Statutory accounting
- Balance sheet reconciliations
- Financial reporting and analysis
- VAT returns
- Corporate compliance
Languages
English
Fluent
Timeline
Senior Consultant
Lungisa Business Solutions (Pty) Ltd
2018.06 - Current
Finance Manager
Aha Bongani Mountain Lodge
2016.03 - 2018.06
External Auditor
Nexia-SABT
2014.02 - 2016.02
Accountant
Naledi Rail Engineering (Pty) Ltd
2009.07 - 2014.01
Accountant
Naledi Rail Engineering
2009.07 - 2014.01
Bachelor of Accounting - Financial Accounting
University of South Africa
2009.01 - 2013.12
Senior Bookkeeper
Millennium Management Consulting
2008.08 - 2009.07
Seniour Accountant
Safari Par Excellence
2007.05 - 2008.06
Accounts clerk
Shearwater Adventures
2004.01 - 2007.04
Collections Clerk
Edgars Stores
2003.02 - 2003.12
A-Levels - Mathematics , Accounting and Management of Business
Luveve High School
1998.01 - 2000.12