JESSEE WACHIRA NDUNGU
FINANCE MANAGER
GABORONE
Summary
I am an accounting and finance expert with over 30 years of professional experience in both consultancy and finance in the corporate world. I have over eight years of my experience in the advisory department at Ernst & Young Botswana. I spent my time my time at EY helping big clients set up and align their financials to International Financial Reporting Standards, prepare for statutory audits, manage their major capex budgets among other advisory duties. I am seeking an opportunity where my leadership and financial management skills can be utilized to make a difference in the finance department. A summary of my experience includes preparation of all Management and financial reports, preparation of management accounts, overseeing audits, monitoring entire project expenditure, and authorizing all the project related payments, reviewing management and financial reports, managing income and expenditures. I bring with me expert skills in accounting, financial management, financial and management reporting, auditing, project accounting, supervision of teams and taxation. Moreover, I am a Fellow member of the Botswana Institute of Chartered Accountants (BICA) and of the Institute of Certified Public Accountant (ICPAK). My focus is to work with a dynamic organization that requires creative thinking, problem solving and efficiency as a Finance Manager.
Overview
24
24
years of professional experience
Work History
Visiting Accountant
Moorlands Hotel
- My brief was to prepare the monthly hotel accounts, supervise the residential accounts clerk work, and reconcile stock and food costing among other duties.
Visiting Accountant
Crater Lake Tented camp
- I was responsible for the accounts department and the monthly reporting, tax filing and staff salaries.
Finance Manager
Multotec Botswana
01.2018 - Current
- I am currently working as the Finance Consultant for Multotec Botswana
- Multotec is a local subsidiary of Multotec International of South Africa specializing in manufacturing, installing, and maintaining mining equipment
- Periodically audit petty cash and other purchases to ensure the integrity of all transactions
- Processing monthly payrolls and remittance of statutory deductions Manage income and expenditures and ensure their timely collection and payments
- Review the completeness of the asset register and confirm that it is in line with the company accounts
- Review management and financial reports for completeness and preparation of board papers on a monthly and quarterly basis respectively
- Prepare and compile company budgets annually and analyze financial reports and report variance against budget monthly
- Manage cash flows, control costs and action on audit recommendations
- Approve payments and check that all accounting transactions are posted to the correct cost centers
- Review and file returns to the regulator and other statutory bodies monthly, quarterly, and yearly
- Prepare and compile company budgets annually and analyze financial reports and report variance against budget monthly
- Prepare management and financial reports on a monthly and quarterly basis and at year end.
Senior Accountant
Ernst & Young Botswana
01.2011 - 01.2018
- Preparation all Management and financial reports for both Advisory and Partnership business and report to the Partners
- Deal with all technical issues in the EY finance department including external reviews, audit of the advisory business among other duties
- Key Achievement Migration of the Finance system from GFIS to Mercury (SAP).
Finance and & Administration Manager
Secondment by Ernst & Young Botswana
01.2015 - 01.2016
- Worked as a Finance Manager for Debswana Pension Fund (DPF) on secondment from Ernst and young (Pula 8 billion assets) Oversee all the activities in the Finance Department Prepare the Management accounts
- Prepare the financial accounts for statutory audit
- Prepare the quarterly and annual Non-Banking Financial Institution Regulatory Authority (NBFIRA) reports
- Oversee both internal and external audits among other duties.
Project Accountant/ Budget Controller
Secondment by Ernst & Young Botswana
04.2014 - 01.2015
- Project Budget of ZAR605 Million (US$60 Million)
- Responsible for monitoring the entire project expenditure and authorizing all the project related payments, Producing Key Performance Indicators and capitalization of the entire project on completion
- All aspects of the project reporting
- Successfully managed the project budget and capitalized the project costs to the asset register
- The highlights of this project are that it recovered the second biggest diamond in world history and in more than 110 years.
IFRS Consultant
Secondment by Ernst & Young Botswana
05.2013 - 12.2013
- Preparing the audit working paper files, Drafting and mapping the draft financials for statutory audit by Deloitte, Revising the accounting policy and procedure manuals to ensure they align with actual practices in the mine, Helping with projects capitalization and ensuring the overall accounts adhere to IFRS standards.
Management Accountant
African Copper Plc
12.2011 - 09.2012
- I was responsible for the annual budgeting, monthly cost reviews, Key performance Indicators (KPIs), Costing and all aspects of monthly management reports.
Finance Manager
Maun- Builders World
01.2009 - 10.2011
- I was responsible for the accounts department of a very busy Hardware Supermarket which is a branch of the biggest building material Supermarket in Botswana
- Key responsibilities included monthly management reports, preparing audit schedules for audit by PWC, supervising six accounts clerks, deputizing the Branch Manager and all aspects of financial and reconciliations.
Chief Accountant
Subaru Botswana
06.2005 - 12.2009
- I oversaw four group companies viz Subaru Botswana, Bluechip Services, Bluechip Panel beaters, and Sorlac (Pty) Limited
- My mandate included managing a team of five clerks, producing monthly accounts for all the group companies, reconciliations, tax filing, payroll administration and human resource management among other duties.
Visiting Accountant
Kenya-Victoria Properties Ltd
05.2000 - 04.2005
- I managed the account of the company as an external visiting account
- My brief was to reconcile their monthly rental incomes against the units under lease, reconcile with the bank and prepare monthly management accounts.
Education
MBA - Finance
04.2001 -
Master of Science - Accounting And Finance
04.2001 -
Bachelor of Arts - Accounting-First Class
04.2001 -
Certified Public Accountant (ICPA-K) - Accounting And Finance
04.2001 -
Skills
Data inputting
Funds Management
Cash Flow analysis
Financial Reporting
Education Background
- BA (Honours) Accounting First Class- Plymouth Marjon University, United Kingdom
- Master of Science. (Accounting & Finance)- University of Northampton, United Kingdom
- Master of Business Administration-Finance- UNICAF University
- SAQA NQF (9)-Master of Commerce in Accounting-South Africa Qualification Authority (SAQA)
- PhD student Doctor of Business Administration (Unicaf University)
Professional Courses
- Botswana Institute of Chartered Accountants (BICA)- Fellow Chartered Accountant (BICA); March 2010
- Certified Public Accountant (ICPAK)- Institute of Certified Public Accountants of Kenya (ICPA-K)
- SAIPA- Professional Accountant (South Africa Institute of Professional Accountants)
Key Skills And Competencies Acquired
- Accounting: A certified public accountant with expertise in inventory control and processes, managing payroll, general ledger management, handling reconciliations and P&L management.
- Financial Management: Experienced in handling budget controls, ensuring the financial reports are accurate, analysis of financial statements and streamlining the financial processes and operations.
- Financial Skills: Adept with managing matters of finance such as financial reporting, monitoring expenditures, analyzing revenues, determining budget variances, budget preparation and planning and performing cash flow forecasting.
- Financial reports: Experienced in handling the preparation of financial reports such as the statement of financial position, profit and loss statement, cash flow statement and approving financial journals.
- Auditing skills: Excelled in facilitating internal and external audit work, supporting planning of internal and external audits, follow up and closure of audit issues.
- Taxation and statutory: Well versed in preparing various statutory deductions for example PAYE, and payroll and various taxes such as VAT, income tax and withholding. Familiar with Botswana and Kenya laws and regulations and tax filing procedures.
- Management accounts and reporting: well versed in the Preparation of management accounts, balance sheet, fixed assets register, cash flow statement and finance reports.
- Leadership skills: Experienced in leading teams, thinking strategically, and providing financial management solutions which resolve complex accounting problems.
- Detail oriented: I value accuracy and ensure every duty I undertake pays close attention to details and captures all the valuable data in terms of cost monitoring and compilation of detailed financial reports.
- Polices and Compliance: Ability to ensure that all company financial policies and administrative procedures are adhered in line with the company’s and government laws.
- ICT/Computer Skills: Proficient in the use of the MS Office and familiar with other accounting packages such as, Pastel, Sage Evolution, Syspro, Delta, SAP, Mercury among others. I am also experienced in the use of Special EY tools such as EY Random, Microstart, GAMx etc.
Trainings Attended
Attended the 5 days EY workshop in Limpopo South Africa for all Africa EY advisory staff touching on various aspects like deferred taxation, Management accounting and other advisory related services.
Other Past Experiences
- Management Accountant- African Copper Plc- Botswana- Secondment by Ernst & Young Botswana. December 2011 to September 2012; I was responsible for the annual budgeting, monthly cost reviews, Key performance Indicators (KPIs), Costing and all aspects of monthly management reports.
- Finance Manager-Maun- Builders World; January 2009 to October 2011- I was responsible for the accounts department of a very busy Hardware Supermarket which is a branch of the biggest building material Supermarket in Botswana. Key responsibilities included monthly management reports, preparing audit schedules for audit by PWC, supervising six accounts clerks, deputizing the Branch Manager and all aspects of financial and reconciliations.
- Chief Accountant- Subaru Botswana; June 2005 to December 2009; I oversaw four group companies viz Subaru Botswana, Bluechip Services, Bluechip Panel beaters, and Sorlac (Pty) Limited. My mandate included managing a team of five clerks, producing monthly accounts for all the group companies, reconciliations, tax filing, payroll administration and human resource management among other duties.
- Visiting Accountant- Kenya-Victoria Properties Ltd; May 2000 to April 2005; I managed the account of the company as an external visiting account. My brief was to reconcile their monthly rental incomes against the units under lease, reconcile with the bank and prepare monthly management accounts.
- Visiting Accountant- Moorlands Hotel- My brief was to prepare the monthly hotel accounts, supervise the residential accounts clerk work, and reconcile stock and food costing among other duties.
- Visiting Accountant- Crater Lake Tented camp- I was responsible for the accounts department and the monthly reporting, tax filing and staff salaries.
Membership
- Institute of Certified Public Accountants of Kenya (ICPAK)
- Botswana Institute of Chartered Accountants (BICA)
- South Africa Institute of Professional Accountants (SAIPA)
Career Profile Summary
I am an accounting and finance expert with over 30 years of professional experience in both consultancy and finance in the corporate world. I have over eight years of my experience in the advisory department at Ernst & Young Botswana. I spent my time my time at EY helping big clients set up and align their financials to International Financial Reporting Standards, prepare for statutory audits, manage their major capex budgets among other advisory duties. I am seeking an opportunity where my leadership and financial management skills can be utilized to make a difference in the finance department. A summary of my experience includes preparation of all Management and financial reports, preparation of management accounts, overseeing audits, monitoring entire project expenditure, and authorizing all the project related payments, reviewing management and financial reports, managing income and expenditures. I bring with me expert skills in accounting, financial management, financial and management reporting, auditing, project accounting, supervision of teams and taxation. Moreover, I am a Fellow member of the Botswana Institute of Chartered Accountants (BICA) and of the Institute of Certified Public Accountant (ICPAK). My focus is to work with a dynamic organization that requires creative thinking, problem solving and efficiency as a Finance Manager.
References
- Naseem Lahri, Managing Director, Fellow ACCA, Lucara Diamond Mining Company, 267-3994217, nlahri@botetimining.co.bw
- Peter Muchiri Mwai, Managing Director, Regional Reach, +267-76010596, peteroswana@yahoo.com
Timeline
Finance Manager - Multotec Botswana
01.2018 - Current
Finance and & Administration Manager - Secondment by Ernst & Young Botswana
01.2015 - 01.2016
Project Accountant/ Budget Controller - Secondment by Ernst & Young Botswana
04.2014 - 01.2015
IFRS Consultant - Secondment by Ernst & Young Botswana
05.2013 - 12.2013
Management Accountant - African Copper Plc
12.2011 - 09.2012
Senior Accountant - Ernst & Young Botswana
01.2011 - 01.2018
Finance Manager - Maun- Builders World
01.2009 - 10.2011
Chief Accountant - Subaru Botswana
06.2005 - 12.2009
UNICAF University- Cyprus - MBA, Finance
04.2001 -
University of Northampton - Master of Science, Accounting And Finance
04.2001 -
Marjon University - Bachelor of Arts, Accounting-First Class
04.2001 -
Kenya Accountants And Secretaries Board (KASNEB) - Certified Public Accountant (ICPA-K), Accounting And Finance
04.2001 -
Visiting Accountant - Kenya-Victoria Properties Ltd
05.2000 - 04.2005
Visiting Accountant - Moorlands Hotel
Visiting Accountant - Crater Lake Tented camp