bwalichomba

Assisting the Financial Controller on the implementation of process improvements particularly SAP (automated) processes in the area of costing Collaborating with MA and FA, Inventory Accountant, Store, Statistician, and Inventory Team during closing period and ensure that all cost inputs tie with operation and emphasize the group policy on closing any gaps Overseeing SAP cost run procedures and control particularly production entries, power consumption process orders Monitoring SAP results through test of final numbers (unit's consumption, unit price, stock movements) that ties into true picture of the operations as well as the results of physical inventory PROFESSIONAL SUMMARY SKILLS WORK HISTORY count Reviewing all consumptions, productions, cost accruals amortization, payroll and mining site restoration, royalties and all other entries related to operating cost and ensure completeness and consistencies in terms of unit consumption Preparing revenue and cost variances analysis such as sales revenue, variable cost, fixed cost, selling, general marketing and administrative Managing month-end closing activities related to posting of production and consumption through check and balances of the entries provided by cross functional department such as operation, power plant, mines and other process related inputs in SAP Assisting the Financial Accountant in reviewing the chart of Accounts Code completeness and provide assistance to finance on creating new codes or opening existing SAP account codes particularly on added process or inputs to operations and new department Supporting the Management Accountant (MA) in monthly costing runs to ensure the completeness of the SAP cost module Collaborate closely with a Financial Accountant (FA) for consolidation as well as MPR and Interim Financial Statements (FS) aligned results Reviewing all cost lines and ensure the accuracy and completeness of data as per Daily Production Report (DPR) Collaborate with MA and FA and end-user in case of discrepancies Working closely with the Inventory Accountant to ensure the stock movement in MPR and other nominal reports ties in Assisting in preparing all schedules required by independent auditor and ensure accomplishment of audit examination on time Preparing monthly reports comparing budgeted costs to actual production costs with suitable and accurate comments on variances from budget for local management and Head Office Analyzing audits of costs and preparing reports Providing management with reports specifying and comparing factors affecting prices and profitability of products or services Maintaining the SAP Cost Accounting System, documents, and records of the Company Assisting in month end close of the General Ledger and perform Cost Accounting tasks associated with month end, quarter end, and annual financial statements Reconcile balance sheet items arising from the cost accounting system Conducts physical inventories and monitors cycle count programs Reconcile semi-finished (WIP) and finished goods inventories Analyse and recommend costs and cost savings Conduct inventory reserve analysis on a quarterly basis and generate reports for senior management Assist the Management Accountant with suggesting changes to policies or procedures to increase cash flow Review rates of depreciation, labour and overhead and suggest policy changes to improve numbers Classify costs accurately. Optimized inventory management by conducting regular audits and implementing lean inventory practices.

Predict, plan and record costs of raw materials, labour and operation Responsible for monthly performance commentary for Amatheon Agri Zambia, Amatheon Organic Zambia and Katonga Farms Zambia Limited Calculate labour and overhead rates, annually updating costs Assist with month-end closing procedures, journal entry review, balance sheet analysis and monthly management report preparation Preparing daily management reports e.g Fuel Usage, Labour allocation reports and machine hours Monitor cost standard performance to confirm that costs met budget cost parameters Perform financial reporting, trend analysis and process improvement support Design monthly and annual budgets design, labour and manufacturing Maintain integrity of general ledger and chart of accounts Collect and reported monthly expense variances and explanations Provide Support on Budget and Performance forecasts to over 28 project in every farming season Manage small clerical staff and oversaw financial procedures for three companies, Amatheon Agri, Katonga Farms and Amatheon Outgrower Audit and prepare inventory paperwork and supervise physical counts and Cycle counts Review cycle counted and investigated inventory discrepancies Assigned to 15 - 38 projects yearly that totaled nearly 70 million in gross revenue Review and approve A/P invoices for cost code and PO accuracy Prepare payment listing and vouchers with support documentation for due supplier balances and submit to Payables Accountant Conduct weekly petty cash recon by ensuring that GL balance agrees with actual Cropping Cost, Ranching/Feedlot Cost, Wood Shaving cost Management Capture Calculate Labour and overhead rates, annually updating costs.

Reviewed general ledger entries and assessed accuracy Monitored status of accounts receivable and payable to facilitate prompt processing Communicated with suppliers to reconcile invoice payments Balanced reports to submit for approval and verification Evaluated and improved accuracy and completeness of financial records Set up and improved accounting systems and processes to meet business needs and maximize operational success Oversaw frequent store recoveries to keep sales floor organized and presentable Evaluated employee expense reports and verified accuracy Tracked funds, prepared deposits and reconciled accounts Trained new employees on accounting principles and company procedures Worked with management at project level to achieve expense plans Served needs of more than 400 customers in busy periods Exceeded quarterly sales goals by 80%. Improved financial accuracy by conducting thorough account reconciliations and adjusting journal entries.