Kudzai Madhaizi
About Candidate
Financial reporting, financial statement preparation, invoicing, bank reconciliations, petty cash management, budget formulation and monitoring, data capturing, debtors and creditors reconciliations, receipting and banking, business administration, costing, fleet monitoring, business administration, asset management, report writing, auditing, risk assessment, enterprise risk management,.
Location
Education
An advanced degree providing theoretical and practical training in business principles and leadership skills. It also aid in better understanding of general functions of business management
Imparts skills necessary to manage, represent and manipulate large, complex data stores and effectively analyze to create quantitative visual cues to help explain and make informed decisions from the data itself. By possessing data analysis skills, employees can ask the right questions, help solve the most pressing issues and understand policies that might be beneficial to the organization.
The purpose of the program was to produce technically focused and well-rounded professionals with a comprehensive knowledge base for identifying, analysing, evaluating and solving problems in core areas of accounting; auditing; taxation and financial management. The degree focused on all aspects of commerce and business management, human resource management and marketing.
The program assists in providing professional guidance on production of regular financial reports, manage expenditure, credit, payroll and investments. Furthermore it provides training on how to liaise with clients (individuals or businesses) or non-financial members of staff, providing financial information , advice and advise managers on financial policy and control, such as the costs and benefits of a particular project.
A set of principles and requirements which provide the basis for how an auditor prepares for, performs, and reports the results of audit were acquired through this program. The main goal of auditing training was to make sure that a company's financial statements are evaluated for accuracy and are following regulatory guideline to give investors, creditors, and other stakeholders reasonable assurance that they can rely on a company and its integrity.
The program sought to impart attendees how to bring action against a party in court for fraud, embezzlement, or other financial crimes and to derive evidence that could potentially be used in court
Work & Experience
• Financial reporting (management accounts, financial statements, analysing financial statements, financial reports, and share insights with management, transaction posting, general ledger updating, managing and collecting debt). • Conducting reasonability checks on all financial transactions and stock control processes. • Analysing actual revenue, cost performance against target, and recommend action plan. • Preparation, continuous review, updating and socialisation of financial SOPs. • Carrying out physical verification and reconcile the fixed asset register to the nominal ledger. • Analyzing stock take reports, investigating variances, balance sheet accounts reconciliations and petty cash management. • Ensuring coordination within the business to enable efficient operations. • Oversee payroll management, bank reconciliations, tax computation, resolving customer queries. • Advise management of new trends (trend analysis) and changes in financial and operational regulations. Outstanding Achievements: • Successfully introduced credit control monitoring system , developed and implemented internal control systems (Policies and SOPs) • Use of financial forecasting to reduced risks and eliminated stock leakages through detailed and well-executed variance analysis. • Introduced effective internal controls resulting in increased profit margins by ensuring productive use of working capital.
• Provide auditing services to Premier Service Medical Aid Society, Premier Service Medical Investments and Premier Service Microfinance (Implementation, monitoring and evaluation of Group Enterprise Risk Management systems). • Designing of audit plan, execution, audit process documentation, risk assessment, report writing, audit findings communication and follow-ups. • Assess and comment on internal control effectiveness, process efficiency and value for money reviews. • Communicate audit process, key findings and provide recommendations on complex audit and business matters to mitigate risks. • Assist Audit Manager in preparing board pack for deliberation by the Audit committee. • Risk register maintenance; complying with auditing standards and regulatory changes. Outstanding Achievements: • Instrumental in the development of Business Continuity Plan (BCP) for the group of companies. • Influence policy changes through audit reports recommendations • Assisted in building strong inter-departmental relationships within the business through providing role clarity during audit assignments
• Extensive management exposure through rotations within all PSMAS departments and conducting training to staff in 12 branches. • Assisted the Finance Manager in production of full management reports and financial statements. • Helped to prepare company budgets and performed budget variance analysis providing cost line commentary. • Performed reconciliations, consolidated financial data, journal preparation and posting. • Perform bank reconciliations, petty cash management, asset management, creditors and debtors reconciliations • Tax computation and remittance to ZIMRA • Assist in procurement processes, stock management (receiving, issuing, updating bin cards/system and performing stock takes) . Outstanding achievements: • Implemented and maintained budget variance monitoring system • Formulated debit order transaction extraction from system, processing and reconciliation. • Received three employee of the year awards for exceptional performance and customer service.
• Prepared monthly financial reports, presented annual financial statements. • Performed the income and procurement function. Processed all payments and administered the payroll. • Worked on statutory returns budgeting. • Developed and implemented credit control system. • Managed debt collection and setting up of credit terms for new customers. • Audit financial transactions and documents. • Asset register and fleet maintenance. • Supervise contract employees, planning, coordinating and managing all administrative procedures and systems. Outstanding achievements: • Created and maintained strong client relationships with individual and corporate clients. • Reduced costs by 30%.