Snr Management & Financial Accountant; + Office Manager
DLC Technical Events Solutions
Total years of experience :13 years, 8 Months
Financial and Management Accounting processing and reporting;
Advising with respect to appropriate Accounting treatment of transactions, in terms of accrual basis of accounting and IFRS (International Financial Reporting Standards);
Performing large reconciliations for bank and other GL accounts;
Utilizing MYOB Accounting system and researching how best to record accounting data in this system.
Peparing monthly management accounts Analysis of accounts Documenting and improving systems & processes Client facing Maintaining all financial records and processing of accounts Payroll Insurance contracts Client correspondence
Fieldwork on external and internal assignments
Audit reports
Audit management
Accounting processess and preparation of financial statements
Analysis of accounting records and financial statements
Application of IFRS
Report-writing
Systems and processes
Responsibilities included:
• preparing monthly management reports and improving accuracy and reliability of monthly reporting;
• reviewing and correcting entries in Navision accounting system for proper period and project accounting;
• assisting with interim and year-end audits;
• preparing detailed excel sheets to manage prepayments, fixed assets, and revenue contracts;
• formulating and managing fixed asset register, and preparing fixed asset reports for financial statements;
• researching IFRS and IAS (International Accounting Standards) applicable to company financial statements;
• managing and negotiating professional indemnity and other insurance for the company;
• applying the rules of ISO9000 quality management to the accounting procedures in the Finance Department and drawing up procedure documents and flowcharts to illustrate these;
• assisting with the calculation and allocation of overhead costs to divisions for monthly reporting;
• assisting feasibility studies/financial modelling calculations to assist management’s investment decisions;
• preparing financial data for budgets and forecasts.
Achievements:
• devising standard monthly procedures for Finance Dept. to ensure accurate and efficient monthly reporting;
• documenting and creating flowcharts indicating Finance Dept.’s systems and procedures for quality review;
• setting up and managing fixed asset register; and preparing IFRS-compliant schedules for reporting.
Reason for leaving: amendments to Australian immigration legislation
Responsibilities included:
• both Management Accounting and Financial Accounting work;
• performing monthly financial reporting procedures on ‘SAP’ Accounting System;
• determining reasons for large overspends (variance analysis) on monthly budgets of certain departments;
• preparing annual budget for several departments and managing budget process for these;
• researching and applying IFRS and IAS to company’s financial records, procedures and reporting;
• preparing spreadsheets for appropriate valuation of inventory (to net realizable value);
• assisting with year-end taxation calculations and reporting;
• drafting Annual Financial Statements and Notes in accordance with IFRS and IAS;
• assisting external auditors during interim and year-end audits.
Achievements:
• received company’s ‘Performance Award’ in April 2007;
• successfully drafted company’s Annual Financial Statements and Notes in terms of IFRS, which involved the appropriate calculations and disclosure to comply with 5 new IFRS statements applicable;
• formulated a new company procedure guiding managers with respect to raising provisions in terms of IFRS.
Responsibilities included:
• reviewing and editing of audit files, working papers and reports prepared by junior audit staff;
• coaching of junior audit staff;
• co-ordinating audits by liaising with department heads and audit staff;
• monitoring concurrently running internal audits;
• organizing, preparing for and participating in audit meetings;
• communicating with department heads regarding audit issues and audit progress.
Audit assignments included: Budgetary Control, Trustees (income, bank+cash, investments), Works Dept., Supplies+Distribution, Staff Expense Claims, Sickness Absence Management, Register of Interests, Patient Monies
Achievements:
• highly commended by the Head of Internal Audit for report-writing, review and audit finalization skills;
• successfully and comprehensively developed, executed and reported on a new significant audit in the Trust: Sickness Absence Management, organizing key meetings between top management from several departments.
Responsibilities included:
• conducting external/statutory audits and internal audit assignments on various clients;
• planning audits, performing risk analyses and discussing systems, procedures and risks with client staff;
• analyzing and investigating relevant financial sections on each audit and preparing audit working papers;
• drafting audit reports and management letters concerning audit issues arising and recommendations;
• organizing, preparing documentation for, and participating in audit meetings;
• liaising between client, audit manager, audit partner and other audit team members.
Client industries: Government Treasury, The World Bank (audit of projects in East Timor)
Achievements:
• efficiently and effectively executed a comprehensive audit of the Health Projects sponsored by the World Bank in East Timor, completing the audit in good time and leading an effectual finalization meeting.
Responsibilities included:
• planning statutory audits, liaising with clients and audit managers/partner;
• performing audit fieldwork and preparing audit working papers and files;
• resolving or raising issues emerging during audit; coaching junior audit staff where required;
• preparing annual financial statements according to IFRS;
• drafting management letters with recommendations based on audit findings;
• organizing, preparing documentation for and participating in audit meetings.
Client industries: Media (television & radio); Advertising; Travel & Tourism; Electronic Equipment manufacture; Furniture retail; Casino industry; Sports clothing manufacture; Non-profit Sector; Insurance
Achievements:
• as audit senior, significantly improved client relationship with audit client Grosvenor Tours;
• while executing efficient, effective and comprehensive audits on several non-profit organizations, built up good client relationships and understanding for future business;
• co-chaired and served on the Committee of the Trainee Institute of Chartered Accountants (TiCA), successfully organized 2 inter-company volleyball tournaments and other sporting, cultural and social events.