FORTUNATUS MASELE
GEITA,MWATULOLE
Summary
Experienced financial management professional skilled in developing enhanced financial strategy. Budgets proactively to reduce expenditure for improved business profits. Offers diligent, decisive leadership focused on long-term solvency.
Overview
11
11
years of professional experience
8
8
years of post-secondary education
Work History
Finance Manager
GEITA URBAN WATER SUPPLY AND SANITATION AUTHORITY
GEITA, BOMANI
11.2019 - Current
- Developed and administered annual budgets following periods of strong analysis and research.
- Developed thorough forecasting and cash-flow management processes to maximise progression and profitability.
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
- Monitored and reviewed financial controls, processes and procedures to enable best practice development.
- Led appraisal of site operations, budgets and forecasts.
- Maintained strong working relationships with site, divisional and group functions.
- Enforced compliance with divisional and group financial policies and processes.
- Mentored department managers in budget forecasting and cost-reduction measures.
- Reviewed completed work to verify accurate completion of payments, credit card reconciliation and ledger maintenance
- Led analysis of weekly, monthly and quarterly numbers, presenting findings to the Board of Directors.
- Spearheaded and monitored end-to-end financial planning and analysis and balance sheet reconciliations.
- Drove continual improvement in department processes and workflows.
- Assisted junior team members in collating monthly payroll information for processing.
- Acted as point of contact in support of end-to-end system audits.
- Maximized system functionality to drive accurate and timely financial information for monthly and quarterly processes.
- Assessed benefits, expenses and PAYE settlement agreement records for submission.
Principal Accountant
GEITA URBAN WATER SUPPLY AND SANITATION AUTHORITY
GEITA, BOMANI
10.2018 - 10.2019
- Reconciled accounts from income and expense data to net worth and assets.
- Updated journal entries and accounts on accrual basis with ERMS software.
- Created quarterly and yearly balance sheets to track financial trends and performance.
- Analysed monthly reporting to reconcile production operations and general ledger.
- Prepared monthly bank reconciliations with 100% accuracy.
- Maintained integrity of general ledger, including chart of accounts.
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Analysed monthly balance sheet accounts for corporate reporting.
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Created periodic reports comparing budgeted costs to actual costs.
- Investigated budget variances to identify causes and suggest corrective action.
- Liaised with and managed relationships with external auditors to prepare excellent audit reports.
- Documented department processes to encourage accountability among team members.
- Reconciled control accounts monthly, investigated variances and initiated corrective action.
- Collected and collated information and data to prepare annual budgets and forecast projections.
- Provided accurate monitoring information to budget holders on monthly basis.
- Maintained strict confidentiality over employee data in compliance with internal organisational policies.
- Trained team for external audits to drive high standards and consistency in reporting.
- Prepared long-term revenue and capital budgets for presentation to stakeholders.
- Filed tax returns and prepared governmental reports in compliance with strict standards.
- Checked and imported payroll and pension data to pay salary deductions.
FACTORY ACCOUNTANT CUM PRODUCTION MANAGER
DAN AND ASSOCIATES ENTERPRISES LIMITED
MBINGA, MBINGA
08.2016 - 07.2018
- Held team meetings to discuss product value and vision while allowing team members to give ideas and suggestions.
- Reviewed production issues and implemented corrective action plans, enhancing operational efficiency.
- Conducted frequent quality and compliance reviews of all production work.
- Planned production operations while establishing priorities and sequences for manufacturing products.
- Established and adjusted work procedures to meet production schedules, delivering output to deadlines.
- Led regular meetings, events and continuous improvement projects with measurable goals.
- Coordinated closely with quality control regarding products awaiting dispositions.
- Coordinated and controlled all production processes, ensuring products were delivered on time and within budget.
- Achieved maximum performance across safety, maintenance and production metrics.
- Improved efficiency and productivity by eliminating waste and production constraints.
- Coached employees in developing and achieving individual performance goals.
- Evaluated current production processes and made forward-thinking adjustments to improve output.
- Directed and motivated 120 production staff.
- Implemented changes in working conditions, equipment and tools to improve workflow, efficiency and team member safety.
- Oversaw continuous improvement initiatives to drive gains in quality, flow and output.
- Supervised production schedules and production quality for timely delivery
- Managed materials to keep up with production goals and meet customer demands.
- Developed and maintained clear communication and rapport with plant personnel.
- Reviewed production orders, schedules, delivery dates and inventory levels to determine product availability.
- Reviewed and analyzed production performance indicators and requirements to maximize output quality.
- Reviewed and analysed production performance indicators and requirements to maximise output quality.
ACCOUNTANT II
NATIONAL FOOD RESERVE AGENCY
DAR ES SALAAM, KIPAWA
02.2013 - 08.2016
- Prepared monthly bank reconciliations with 100% accuracy.
- Analyzed monthly balance sheet accounts for corporate reporting.
- Reconciled accounts from income and expense data to net worth and assets.
- Created quarterly and yearly balance sheets to track financial trends and performance.
- Maintained integrity of general ledger, including chart of accounts.
- Analyzed monthly reporting to reconcile production operations and general ledger.
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Prepared monthly bank reconciliations and submitted compiled reports to shareholders.
- Maintained strict confidentiality over employee data in compliance with internal organisational policies.
- Documented department processes to encourage accountability among team members.
- Checked and imported payroll and pension data to pay salary deductions.
- Reconciled control accounts monthly, investigated variances and initiated corrective action.
- Updated journal entries and accounts on accrual basis.
Education
Bachelor of Accounting - Business Accounting and Finance
MZUMBE UNIVERSITY
Mzumbe, Morogoro 10.2009 - 07.2012
Advanced Level - Advanced Certificate of Secondary Education examinations
KIBAHA HIGH SCHOOL
Kibaha 04.2007 - 02.2009
Ordinary Level - Certificate of Secondary Education Examinations
Mzumbe Secondary School
Mzumbe, Morogoro 01.2003 - 10.2006
Skills
- Financial analysis
- Reporting and documentation
- Performance reviews
- Management accounting
- Customer service
- Financial policy creation
- Cashflow forecasting
- Statutory accounting
- Balance sheet reconciliations
- Financial reporting and analysis
- VAT returns
- Enterprise Resource Management Suite (ERMS) knowledge
- Government Accounting Consolidated System (GACS) knowledge
Languages
English
Fluent
Swahili
Native
Timeline
Finance Manager
GEITA URBAN WATER SUPPLY AND SANITATION AUTHORITY
11.2019 - Current
Principal Accountant
GEITA URBAN WATER SUPPLY AND SANITATION AUTHORITY
10.2018 - 10.2019
FACTORY ACCOUNTANT CUM PRODUCTION MANAGER
DAN AND ASSOCIATES ENTERPRISES LIMITED
08.2016 - 07.2018
ACCOUNTANT II
NATIONAL FOOD RESERVE AGENCY
02.2013 - 08.2016
Bachelor of Accounting - Business Accounting and Finance
MZUMBE UNIVERSITY
10.2009 - 07.2012
Advanced Level - Advanced Certificate of Secondary Education examinations
KIBAHA HIGH SCHOOL
04.2007 - 02.2009
Ordinary Level - Certificate of Secondary Education Examinations
Mzumbe Secondary School
01.2003 - 10.2006
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